UIH has unveiled the latest Multicloud service, allowing customers to make a direct connection to world-class mega cloud services of Amazon, Microsoft and Google. The company has also invested to upgrade its cloud infrastructure with the state-of-the-art technology to serve the upcoming demands of cloud usages.

Sunti Medhavikul, managing director of United Information Highway Company Limited (UIH), a digital infrastructure and solution provider under Benchachinda Holding Group, said the launch of the service is a part of the company’s strategy to serve the increasing demands of cloud usages among business enterprises while enabling its customers to move towards Multicloud strategy for better IT management and business risk reduction enhancement.

According to International Data Corporation (IDC), it’s estimated that by 2021, over 30 per cent of enterprises’ spending on cloud services and cloud-enabling hardware, software, and service will be Multicloud. Moreover, IDC conducted CloudView Survey 2017 shows that cloud deployment in Thailand by cloud service providers is estimated to increase up to 54.2 per cent in 2019. While investment on in-house cloud service within the enterprises will be lessened.

UIH has provided its Multicloud service both through cloud service with international connection and local cloud service.

International connection cloud service involves Cloud Direct, a service to allow customers to make a direct high speed connection to world-class cloud service providers including Amazon Web Service (AWS), Microsoft Azure, Microsoft Office 365 and Google. UIH has also been appointed as an official partner of AWS and Microsoft to make a connection directly to the two leading cloud service providers, allowing customers to conduct data communication rapidly, securely and privately.

Veteran appointed next MD of Thai unit

Goodyear (Thailand) Public Co Ltd has announced the appointment of Luca Crepaccioli as managing director, Goodyear Thailand. Crepaccioli succeeds Finbarr O’Connor, who will soon retire.

Crepaccioli has been with Goodyear for more than 16 years, having joined as finance director/ Italy in 2002. He then served as fnance director of the German operations from 2006 before becoming general manager/Italy & Greece in 2009 and general manager/Southern Europe in 2015.

He later to Dubai as managing director of Consumer Business Emerging Markets, Europe /Middle East and Africa. His proven track record in a combination of mature and emerging markets is an excellent foundation to drive further success in Goodyear Thailand.

Delta-sponsored teams win top prizes

Delta Electronics (Thailand) Plc recently sponsored teams from top universities in Thailand, India and Vietnam at the 5th Delta Advanced Automation Contest (Delta Cup), held at Wujiang, China. Teams from 75 countries participated in the contest.

The three Delta-sponsored teams vied for top prizes with engineering student teams from Taiwan and China. Delta Thailand’s business associate, Delta Electronics Inc organised the 5th Delta Cup under the theme “Seeking Smart Manufacturing Talents.”

Since 2016, Delta Thailand had sponsored prize-winning teams from Thailand’s Chulalongkorn University, Kasetsart University, King Mongkut’s Institute of Technology Ladkrabang (KMITL), King Mongkut’s University of Technology North Bangkok (KMUTNB) and King Mongkut’s University of Technology Thonburi (KMUTT). Delta’s offers training and sponsorship in the Delta Automation Academy, Delta Automation Labs and Delta Cup as part of its commitment to develop society and support Thailand’s competitiveness in the Industry 4.0 Era.

CPF receives Thailand’s first-ever certifications

Charoen Pokphand Foods Plc (CPF) announced that fresh chicken and tender chicken breast, two of its products, have received certifications from the Water Footprint Label from Thailand’s Water Institute for Sustainability, the Federation of Thai Industries. At the same time , two CPF plants also received a certificate of participation for being a part of Water Footprint Assessment pilot project from the Department of Groundwater Resources, Ministry of Natural Resources and Environment.

The project is a cooperation between private sectors and the government to established first-ever Water Footprint assessment criteria in Thailand, helping the participant to meet the demand for sustainable business.

Kularb Kimsri, vice president of CPF Global Standard System Centre, said the company’s decision to participate in the pilot project is in response to the global demand for sustainable water consumption.

Two CPF’s products were selected to join the project: fresh chicken from Saraburi Food Processing Plant and tender chicken breast from Minburi Plant 2.

The Water Footprint label was initiated to encourage efficient water use, which is a vital part for sustainable water resource management.

Keb Hom is the first Thai money-saving app to boast artificial-intelligence features to enable multiple saving methods to achieve targets set by the user, the company said on Monday.

SCB Abacus has partnered with Mahidol University to pilot the application as an “innovative tool in uplifting financial literacy and building financial discipline for the student community”.

Furthermore, the company will be facilitating workshops to incorporate the students’ feedback for the development process of the app, so that it best matches their lifestyle.

Professor Banchong Mahaisavariya, acting president of Mahidol University, said that as university students were beginning to prepare themselves for their professional careers, possessing the essential life skills was just as important as being knowledgeable in their field of study.

Skills such as financial discipline in the form of savings is an important fundamental towards maintaining a lifetime of long-term financial stability, he said.

The support from SCB Abacus in launching a money-saving app at Mahidol University will greatly inspire students to learn and develop the habit of saving, with the help of modern technology that meets the preference of young people, he added.

The project will commence construction during the current quarter and is expected to start commercial operations in the first half of 2023 to meet Vietnam’s soaring demand which is as high as 2.3 million tonnes per year, SCG said on Monday.

Such demand is projected to expand continuously thanks to strong Vietnam’s economic growth.

The group’s president, RoongroteRangsiyopash, described the Long Son Petrochemicals project as a “world-scale petrochemical complex” with an investment of around $5.4 billion.

It is currently SCG’s flagship investment, he said, adding that the venture will increase competitive advantages of SCG’s Chemicals Business in Southeast Asia.

“Furthermore, the project is equipped with world-class advanced technologies which allow for high flexibility to utilise raw materials, resulting in increased competitive advantage. The project also leverages digital technologies to create innovations for better products, services, and solutions for customers,” he explained.

The six loan agreements are made in US dollars and have been signed with Sumitomo Mitsui Banking Corp, Mizuho Bank, Bangkok Bank, Krungthai Bank, Siam Commercial Bank and Export-Import Bank of Thailand.

The credit facilities are worth more than $3.2 billion in total, with a tenor of about 14 years.

Sumitomo Mitsui Banking is the project’s financial adviser.

LSP is located in VungTau province’s Ba Ria, which is 100 kilometres from Ho Chi Minh City.

Its olefins production capacity will be 1.6 million tonnes per year for manufacturing high-density polyethylene, linear low-density polyethylene, and polypropylene.

The project will be maintained and operated with strict procedures to achieve world-class safety standards and environmentally friendly practices to sustain activities and support a peaceful coexistence with Vietnam’s communities and society, SCG said.

He added that he expected the group to continue on its growth path in the second half by focusing on hire-purchase loans, mortgages and personal loans.

Berry Choco Bundt Cake, a thick chocolate cake stuffed with white chocolate and strawberry glaze, coated with raspberry jam and topped with dried strawberries from the Royal Project will give a perfectly blended sweet and sour taste.

Macadamia Choco Bundt Cake is a thick chocolate cake filled with dark chocolate mixed with macadamia nuts from the Royal Project and decorated with the sweet orange peels, Hazelnut and Macadamia nuts.

The special menus are available this Sunday for all seats on all domestic and international flights, except WE343/344 BKK-JAI-BKK, WE333/334 BKK-LKO-BKK, WE335/336 BKK-BOM-BKK, WE177 CNX-BKK, WE426 PEN-BKK, WE420 KUL-BKK.

For more information please visit http://www.facebook.com/thaismileairways.

The company has a market capitalisation following its initial public offering (IPO) of Bt380 million.

MAI president Prapan Charoenprawatt on Monday said M Vision would list and start trading on the secondary’s market’s Services industry group.

Besides organising the triannual “Thailand Mobile EXPO” trade show for mobile phones and other technological products since 2007, M Vision organises other big events covering sports and tourism, as well as seminars.

The company has a registered paid-up capital of Bt100 million, consisting of 130 million existing common shares and 70 million newly issued shares, with a par value of Bt0.50 each. It offered the entire newly issued shares to the general public via its IPO from July 31 to August 2 at Bt1.90 apiece, for a total of Bt133 million.

Asset Pro Management is its financial adviser, while Capital Nomura Securities is the lead underwriter.

M Vision’s four major shareholders after the IPO are the Cherdpunt family (20.8 per cent), Tharathorn Yuangbhandith (16.9 per cent), Teerawat Suwanphinij (13.65 per cent) and Sathit Phawasutthiphan (13.65 per cent).

The IPO price was equivalent to a price-to-earnings ratio of 15.83 times, calculated by using the company’s net profit for the period from April 1, 2017 to March 31, 2018, amounting to Bt24.49 million, divided by fully diluted shares, representing earnings per share of Bt0.12.

The company’s dividend policy is to pay no less than 40 per cent of net profit after corporate income tax and legal reserves.

Chairman and group CEO Jareeporn Jarukornsakul said WHA Tower would occupy more than 53,000 square metres, a third of it dedicated to WHA Group offices.

The remaining area will be offered for rent to corporations and business entrepreneurs, especially to WHA customers in the “S-curve” industries.

Expected to be completed in 2020, “Bang Na’s newest architectural landmark” would have outstanding features for security and surveillance, building diagnostics, early fire detection, solar panels on the roof and building management, Jareeporn said.

 Uniwise Offshore will use Nava enabled-high-speed connectivity and services for operational improvements, including optimised electronic document handling and ship-to-ship and ship-to-shore communications for safer and more cost-effective operations.

The company will also be able to improve its on-board communication services, including crew welfare and fleet management.

The service is powered by Nava FTTS (fibre-to-the-ship), which is able to support very high data-transfer rates, providing constantly high bandwidth for operational efficiency with wide area satellite coverage across Asia Pacific.

Nava FTTS incorporates an L-band backup solution, said Jon-Axel Hauglum, senior general manager at Uniwise Offshore.