NBTC Under Fire For Dragging Its Feet On DTAC-True Merger

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https://www.nationthailand.com/thailand/economy/40019884

NBTC under fire for dragging its feet on DTAC-True merger

NBTC Under Fire For Dragging Its Feet On DTAC-True Merger

THU, SEPTEMBER 08, 2022

The Telecom Watchdog Could Be Accused Of Dereliction Of Duty For Failing To Intervene In A Mega-Merger Between Thailand’s Second- And Third-Largest Mobile Network Operators, A Legal Expert Has Warned.

Prinya Thaewanarumitkul, a law professor at Thammasat University, said the National Broadcasting and Telecommunications Commission (NBTC) should perform its legal duty as the regulatory agency.

He said the NBTC has the duty to prevent a monopoly in the market and therefore it should take action when the telecom market would have only two players following the planned merger between DTAC and True.

Prinya said he was puzzled that the NBTC had recently consulted the Council of State, the government’s legal advisory agency, regarding the matter.

“The NBTC has the authority to decide whether to approve a merger that would control more than 50 per cent of the market,” the law professor said.

He was speaking at a panel discussion at Thammasat University’s Tha Phrachan campus jointly organised by the Law Faculty and Thailand’s Consumers Council on Wednesday.

Assoc Prof Narongdech Srukhosit, from Chulalongkorn University’s Faculty of Law, said at the event that the NBTC should take into account public interest when making its decision regarding the planned mega-merger, as telecom frequencies are a limited national resource.

“The NBTC has to think of the public interest, particularly the fact that there would be only two telecom service providers after this merger,” he said.

Meanwhile, Chatra Kamsaeng, director of 101 PUB, which describes itself as a “public policy think tank”, said he wondered why the NBTC was seeking advice from the Council of State even after the Administrative Court had ruled that it has the legal power to decide on the matter.

“There must be some reason that the law would be interpreted to benefit certain groups of people at the cost of public interest,” he said.

Sirikanya Tansakun, an MP from the opposition Move Forward Party, told the panel discussion that the NBTC appeared to have no confidence in its legal authority and no courage in exercising its power.

“Thai society has to realise why the NBTC’s executive board still seeks advice from the Council of State even after the Administrative Court had ruled that it has legal power to make an order about business mergers,” Sirikanya said.

She sits on the House tasked with studying impacts of telecom business mergers.

Clean Energy, Digital Tech Will Fuel Economic Recovery: Energy Minister

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https://www.nationthailand.com/business/econ/40019872

Clean energy, digital tech will fuel economic recovery: energy minister

Clean Energy, Digital Tech Will Fuel Economic Recovery: Energy Minister

BY LINE : THE NATION

THU, SEPTEMBER 08, 2022

Developments In Green Energy And Digital Technologies Will Play A Crucial Role In Thailand’s Economic Recovery, Energy Minister Supattanapong Punmeechaow Said On Thursday.

He was speaking at a Thai News Network seminar titled “Recovery and Moving on of Thai Economics – the Great Reset”.

Supattanapong said the economy was gradually improving after being hit by recession because of three years of the Covid-19 pandemic, which has been aggravated by the war in Ukraine.

The pandemic and the conflict have led to increasing food and energy prices, resulting in rising inflation, but the Thai economy was now on the path to recovery, he said, citing the number of non-performing loans in banks that have “dropped from some 12-14 million to just 3 million”.

Supattanapong said revenue figures were also improving along with other economic indicators.

According to him, international agencies have given Thailand a credit rating that is the same as before the Covid pandemic, while Thai banks are still enjoying stability.

“So, I would like to assure the people that the situation is improving and the government will handle the remaining issues of the crisis,” the energy minister promised.

He said the economic situation might not go back to pre-Covid levels soon, but Thailand’s situation was at least much better than those of neighbouring countries.

Supattanapong also said Thailand had been developing green energy technologies after General Prayut Chan-o-cha announced at the 2021 United Nations Climate Change Conference that Thailand would become carbon neutral – a balance between emitting carbon and absorbing carbon from the atmosphere – by 2050.

With Prayut’s commitment, Supattnapong said, Thailand became the only Asean nation that started working toward the carbon-neutrality goal.

According to the minister, Thailand has become the only Asean country to promote the use of battery electric vehicles (BEVs), so manufacturers could use Thailand as a hub for making BEVs.

“We are not helping importers of BEVs, as several critics claim. The importers must build factories to manufacture BEVs to be eligible for government subsidies, Supattanapong made it clear.

He said the programme would ensure that at least five brands manufacture BEVs in Thailand.

This could lead to development of digital technologies and would create new types of SMEs, he said hopefully.

There would also be investments and developments of other technologies related to carbon neutrality, including the goal to turn Thailand into a hub for making hydrogen energy, Supattanapong said.

Thais have also become a digital society by using various apps, such as Krung Thai Bank’s Paotang app to buy digital lottery, he pointed out.

Furthermore, new SMEs based on digital platforms will be created, the energy minister said, adding that leading foreign investors are now interested in investments in cloud computing services, cloud servers, artificial intelligence, and data centres.

He said foreign investors, who are keen to invest in these digital technologies, will soon apply to the Board of Investment for tax incentives.

The country also possesses logistics infrastructure ready to serve investors, and many want to transfer their manufacturing bases to Thailand in a move to use the kingdom as a gateway for their products, Supattanapong said.

He cited the figure of 900 billion baht of investments in the Eastern Economic Corridor as proof, saying foreign investors have taken note of Thailand as a country ripe for investment under a Bio-Circular Green Economy.

“The government has been doing its best and I would like the public to have confidence that even when we are in crisis, success can be achieved with cooperation from all,” Supattanapong concluded.

Baht May Be ‘Highly Volatile’ As Market Watches Looming ECB, Fed Moves

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https://www.nationthailand.com/business/econ/40019861

BY LINE : THE NATION

THU, SEPTEMBER 08, 2022

The Baht Opened At 36.52 To The US Dollar On Thursday, Strengthening From Wednesday’s Close Of 36.70.

The currency is expected to move between 36.40 and 36.70 during the day, Krungthai Bank market strategist Poon Panichpibool predicted.

He said the baht was likely to be highly volatile, especially during forthcoming results of a key European Central Bank (ECB) meeting, which comes at the same time as the US Federal Reserve chairman’s press conference.

However, Poon said the market had already acknowledged the likelihood that the Fed would increase the interest rate again, so the market will be mainly affected only by results of the ECB meeting.

If the ECB chooses not to increase the interest rate as expected and voices concern for the economy, it might pressure the euro to weaken and provide support for the dollar to strengthen.

If the baht weakens as a result, Poon expects it would test its resistance level of 36.80 to the dollar, while the support level would be around 36.30-36.40, the level importers are waiting for to purchase the dollar.

The market strategist advised investors to use hedging tools such as options to manage risks in a highly volatile currency market.

Airbnb shows how tourism has benefited rural communities in Thailand 

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https://www.nationthailand.com/business/pr-news/40019854


As the travel rebound continues to unfold, the benefits of tourism are spreading across the Asia Pacific. In Southeast Asia, particulary Thailand, Airbnb reveals that the resurgence in domestic and inbound tourism is empowering locals to earn a living and make ends meet.

Airbnb shows how tourism has benefited rural communities in Thailand 

In Thailand, some of the lesser-known destinations that travellers are exploring include Koh Lanta, Trat, Pai and Cha-am.

Domestically, more than 70 per cent of Thais polled plan to travel more frequently to rural destinations that are not currently popular with tourists, and over two-thirds polled say it is important that they are not contributing to issues such as over-tourism.

With people continuing to embrace flexible new approaches to travel and living, communities that have traditionally missed out in the past are increasingly well-positioned to secure a bigger slice of the tourism pie, according to the new Airbnb report ‘Further Afield: Spreading the Benefits of the Travel Revolution’.

Across the region, this has presented fresh opportunities for locals looking to supplement their income as they grapple with rising costs of living.

Across the Asia Pacific, Airbnb nights booked in non-urban areas and typical earnings for non-urban Hosts have increased. Travellers are not only eyeing destinations off the beaten path, but they’re also looking to stay longer.

Notably, nights booked for long-term stays (stays longer than 28 days) in non-urban areas approximately doubled in popular travel and remote working hotspot Thailand in Q2 2022, up from Q2 2019 pre-pandemic.

In Southeast Asia, a number of destinations outside major metropolitan hubs were popular among travellers on Airbnb for long-term stays in Q2 2022. Examples included:


Koh Pha Ngan, Koh Lanta and Krabi in Thailand

Ipoh, Kuah, Semenyih, and Port Dickson in Malaysia

Dapa, Panglao, Dumaguete and Silang in the Philippines

Mich Goh, Airbnb’s Head of Public Policy for Southeast Asia, India, Hong Kong and Taiwan, said: “More than two years since the start of the pandemic, we continue to see fundamental shifts in travel that are creating new opportunities for lesser known, off-the-beaten-track communities. It’s incredibly exciting to see travellers so enthusiastic about exploring new destinations, as well as the positive economic impact cascading to locals.”

This ongoing dispersal of travel is empowering locals to diversify their income through hosting and building financial resilience in the face of rising costs of living.

” We are committed to continuing to work together with governments and stakeholders to keep inspiring travellers to step off the beaten path and help ensure more communities can share in the benefits of tourism,” he said.

In addition to encouraging travellers to explore further afield through innovative search tools such as Categories and I’m Flexible, Airbnb remains committed to partnering with governments and communities in Southeast Asia.

The company is partnering with Thailand’s Tourism Authority of Thailand and Indonesia’s Ministry of Tourism and Creative Economy on a range of ‘Live and Work Anywhere’ initiatives to attract global digital nomads and remote workers, as part of broader efforts to drive inbound tourism as travel returns.

Published : September 07, 2022

Central celebrates the 75th Anniversary with “ALL AT CENTRAL” campaign

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https://www.nationthailand.com/business/pr-news/40019852


Central Department Store will invest THB15Bn for the next 5 years to reinforce its position as Thailand’s No.1 Omnichannel Retailer in Premium Segment

Central celebrates the 75th Anniversary with "ALL AT CENTRAL" campaign

Central Department Store under Central Retail commemorates its 75 years of achievements as the pioneer and leader in the retail sector by unveiling a 15 billion Baht investment within 5 years (2023-2027) to strengthen its business.

The huge investment will be spent on branch expansions and store revamps to forge ahead as the No.1 omnichannel retailer in the premium segment.

Central expects its growth to be 1.7 times higher within 5 years. The retailer also unveils a 500 million Baht 75th Anniversary campaign, featuring a spectacular festival of happiness packed with fabulous and fun activities and events.

The “ALL AT CENTRAL” campaign will be full of surprises, exclusive promotions, and inspiring stories of the connection between Central and all customers. In keeping with its long-standing commitment to social responsibility, the celebration campaign, which will be held both on-site and online, also intends to increase local community involvement.

Through the grand festival, the company expresses gratitude to its loyal patrons who have made it Thailand’s top retailer for the past 75 years thanks to their unwavering support.

Olivier Bron, Chief Executive Officer — Department Store, under Central Retail, said, “From the very first day, Central never stops innovating and exploring new ways to create the best shopping experience for our valued customers. Under our vision to truly be “the department store for all the Thais,” we aim to be the ultimate destination for the authentic and sustainable Thai House of Brands, where customers can renew the experience of the best of Thai and international Fashion and Home”.

Central celebrates the 75th Anniversary with "ALL AT CENTRAL" campaign

To sustain growth and reaffirm its position as Thailand’s No.1 department store, Central operates through six key strategies that include expanding its business with new store openings across Thailand, selecting only the best-in-class products and services, and building seamless online and offline shopping experiences.

The customer traffic at the department stores has increased by 25%, with a 50% surge in customer spending. The CENTRAL APP also enjoys a sale growth of 105% and reaches 5.2 million downloads in the first half of 2022.

The retailer also sees continuous growth in its Social Commerce Channels including Chat & Shop, Personal Shopper (Tel. 1425), Facebook Live, and Facebook Inbox.

“We remain committed to making our customers happy as they step into our stores. Central is home to happiness and good memories. To celebrate this huge milestone, we are joining hands with leading partners The1 Credit Card and MasterCard as well as top creators and artists to launch the mega ‘ALL AT CENTRAL’ campaign full of wonderful surprises. To reach the customers on multiple online and offline platforms and channels, we are implementing the 360-degree marketing strategy with the aim is to convey the “All Good Things Happen at Central” message. Through this 500-million-baht campaign, we want to thank our customers for letting us be a part of their happy memories. We stand firm in our support for the community, contributing to the sustainable growth of society. With this campaign, the stores will enjoy more traffic. We expect a 25% growth in sales and 80% campaign reach,” said the CEO.

Central celebrates the 75th Anniversary with "ALL AT CENTRAL" campaign

7 surprises in the “ALL AT CENTRAL” campaign

To celebrate its 75th anniversary in festive grandeur, Central Department Store’s nationwide mega celebration campaign takes the form of 7 surprises under the concept of “ALL AT CENTRAL.” The joyful campaign promises to delight shoppers and tourists alike.

SURPRISE 1: ALL THE TIME with The Central Memory Bank Exhibition. Central brings its customers to the memory lane with the Central Memory Bank Exhibition, transporting them back in time by presenting the fond recollections of the department store that customers have shared, thus narrating the unique history of Central.

At the exhibition, celebrities will share their great memories and nostalgic products from Central.

This trip to the past is from 29 September to 6 November 2022 at the Central Space on the 3rd floor of Central the Original Store on Charoen Krung Road.

SURPRISE 2: ALL THE FUN with Central x Yuree.  In collaboration with famous artist Yuree Kensaku, better known as “Yuree,” Central has created three adorable characters that reflect the success story of Central: Tiger (strength and courage), Dog (loyalty), and Platypus (longevity).

The three lovely pals are available as an exclusive Line Sticker Collection “CENTRAL 75th Anniversary” to mark the department store’s anniversary. Available for download via Central’s LINE Official Account @CentralOfficial until 28 September 2022, the three buddies are now ready to delight every LINE chatroom.

To bring the fun to the physical world, the three pals will turn into giant balloons from 8 September – 31 October 2022, under the Central Landmarks campaign.

SURPRISE 3: ALL THE EXPERIENCE with CENTRAL EDITION. To celebrate its anniversary with community engagement in mind, Central Department Store has joined hands with top Thai designers to create an exclusive collection of value-added products such as clothes and home accessories.

The collection incorporates local materials to promote the craftsmanship of the local communities. The collection will be available at Central Department Stores — Central Chiang Mai (from 7 October 2022), Central Ladprao (from 10 October 2022), Central Phuket (from 11 October 2022), Central Chidlom (25 October 2022) — and on the Central App.

SURPRISE 4: ALL THE STYLES with the RED & EXCLUSIVE COLLECTION. Central, the ultimate fashion destination, will launch the Red Collection, curating red products from leading fashion brands to celebrate the 75th anniversary in style. Additionally, the department store has collaborated with top beauty and fashion brands to design exclusive “Only at Central” products.

The limited collection will be available from 1 October 2022 at all Central branches and on the Central App.

SURPRISE 5: ALL THE TEAMS with 75th Central Shopping Bag Collection. Another unmissable experience is the launch of NFT “75th Central Shopping Bag Collection,” designed by collage artist Nakrob Moonmanas.

The collection marks the first of its kind in Southeast Asia’s retail industry. Packed with special promotions and privileges, the limited NFTs are collectible via “Central Collectibles” on The1 App until 31 October 2022.

SURPRISE 6: ALL THE HAPPINESS with THE NATIONAL CELEBRATION. Central Department Store has gone all out for the grand celebration to delight its customers with a campaign full of fun and exciting online and onsite activities.

Central will be painting the town red with the red lights by decorating its buildings and 10 branches, in Bangkok and other provinces.

The grand celebration also includes online and offline promotions as well as fun office activities for its employees that will run from 12 October – 1 November 2022.

SURPRISE 7: ALL THE DREAMS with SIGNATURE FLOWER SHOW AND MEGA PARTY. To bring its customers closer to the beauty of nature, Central is bringing back its signature flower festival to celebrate its anniversary in full bloom.

This year, the flower festival will run from 27 October 2022 onwards at 2 branches: Central @CentralWorld and Central Chidlom.
ALL ABOUT YOU…because the customers are everything to Central Department Store

To top it off, Central will also release a special song entitled “EVERYTHING IS ALL YOU” written by Trai “Boy” Bhumiratna, produced by Notapol “Kor” Srichomkwan, and performed by Popetorn “Two” Soonthornyanakij. The song is a thank-you gift from Central to its loyal customers who have supported Central for over 75 years.

The beautiful song will be available on all Central’s social media platforms and listening platforms: LINE TV, APPLE MUSIC, JOOX, SPOTIFY, and TIDAL on 29 September 20222.

Bringing legacy to sustainable growth
“Apart from putting our customers first in everything we do, we operate our business with a focus on sustainability, social contributions, and social responsibility. To mark our 75th anniversary, we are partnering with businesses under Central Group, partners, and customers, to build a truly sustainable society for the Thais. Through all activities held during the ‘ALL AT CENTRAL’ campaign, Central will raise funds for foundations that support health, women and children, as well as the environment including the Kidney Foundation of Thailand, UNICEF, The Foundation for The Welfare of The Mentally Retarded of Thailand Under The Royal Patronage Of H. M. The Queen, and Seub Nakhasathien Foundation,” stated Bron.

Creating the Store of the Future, built upon 7 decades of success
Moving forward, Central is on a mission to become a legacy that never stops growing to serve its customers across generations.

To remain the No. 1 omnichannel retailer, we are investing over 15 billion baht within the next 5 years in new store openings and store transformations to create the ultimate lifestyle and happiness destinations. In 2023, Central will open 2 new department stores: one new Robinson Department Store and Central Westville.

Four department stores will go under major renovation: Central Chidlom, Central Ram Intra, Robinson Fashion Island, and Central Mega Bangna.

Next year, Central will also strengthen its online presence with the brand-new CENTRAL APP while also elevate its Social Commerce experience to the next level with the future launch of new shopping channels: TikTok Shop and Luxe Chat & Shop.

It also looks forward to creating the most personalized marketing strategy through campaigns that are designed to reach the right customers using insights and data, ensuring the best experience for its valued customers.

To lead in the retail industry, Central constantly adapts to the ever-changing needs of the customers. These past 75 years were proof of its achievements.

Central’s growth goes hand in hand with Thai people’s happiness. The retailer said it remains committed to being “Central to Life.”

“Central and Robinson are ready to continue our success towards sustainable development in all dimensions for business, society, economy, environment, and way of life to grow together. As the No.1 Retailer in Thailand, Central, holding the hearts and minds of Thai people for a long time, is ready to express gratitude to every trust, to give the best to important customers, and to stand by Thai people for 75 years and forever.” Bron concluded.

Published : September 07, 2022

The Merge and The Evolution to Ethereum 2.0

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https://www.nationthailand.com/pr-news/business/pr-news/40019840


When someone mention cryptocurrency, Bitcoin is likely the first thing that comes to mind. However, there is another that is also gaining more spotlight, Ethereum or ETH, the 2nd largest cryptocurrency in term of marketcap.

The Merge and The Evolution to Ethereum 2.0

Ethereum was founded by Vitalik Buterin and launched in 2015. Unlike Bitcoin, Ethereum blockchain supports Smart Contract which allow developers to create decentralized applications, leading to new innovations on the blockchain including Decentralized Finance, GameFi, Stablecoin, NFT and many more. Ethereum is considered the first of 2nd generation blockchain.

The Merge and The Evolution to Ethereum 2.0

However, Ethereum still has its limitation which lead to the idea of developing Ethereum 2.0 that will enhance many functions including speed, decentralization, and security. In this article, we will learn more about why Ethereum aims to become 2.0 and how it plans to do so.
 

The Merge, First Step to Ethereum 2.0

The Merge and The Evolution to Ethereum 2.0

The Merge is the event that is predicted to happen in September 2022. It is when Ethereum will finally change its consensus algorithm from Proof-of-Work (PoW) to Proof-of-Stake (PoS) which is widely used by new generation of blockchains.

The idea behind the Merge was dated back to 2020. During the time, Ethereum developers have created another blockchain called Beacon Chain which used PoS and allowing ETH holders to stake their ETH on the network to help secure and develop the network. When the network is ready, it will undergo a process called “The Merge” where Beacon Chain merges with Ethereum mainnet and changing mainnet’s consensus to PoS.
 

Why is changing to PoS important? Because Ethereum currently uses PoW to verify transaction on the network which requires mining or using computers to solve equations in order to create a block. Mining consumes huge amount of electricity, to make the matter worse, the bigger the blockchain the more competition between miners are, resulting in even more electricity wasted to run the network. There was a report that Ethereum consumes electricity almost 112 TwH/year which can be compared to the amount required by a small country in one year.

This is why PoS considered a game-changing for Ethereum, as it completely changes how the network process a transaction from running a mining rig to staking coins. ETH holders can stake their coins on the blockchain as collateral in order to be randomly selected by the system to validate a transaction and create a block, the validator then receives ETH as reward for performing the task correctly and with integrity. Without mining, Ethereum is predicted to be able to reduce its energy consumption by almost 99%.

Next Steps for Ethereum 

While The Merge is just weeks away, it is actually the very first step to Ethereum 2.0 that will solve the energy consumption issue. The other issues which include transaction speed, decentralization, and security will be addressed in the next milestones with the rhyming names and details as followed:

The Surge

This step will introduce Sharding to the ecosystem. Sharding is the system that split information into smaller packages and distribute these packages to be processed by each node in blockhain, also known as Pararelle Processing. With this, Vitalik Buterin the co-founder believes that it could speed up the transaction time to 100,000 transactions per second compared to current speed at 15 – 20 transactions per second. 

The Verge

This step will introduce “Verkle trees” and “Stateless clients” into Ethereum ecosystem allowing users to run a node without requiring to store an immense amount of data, which in turn is an incentive to increase the number of nodes, and ultimately leading to more decentralization.

The Purge

This step aims to cut down some unrelated historical data to free up spaces as well as to remove Technical Debts that were created during initial stage of development to ensure more sustainability of the network in the long-run.

The Splurge

The last step may consist of a bunch of minor upgrades to ensure that the previous big upgrades can work without any hiccups. Buterin described this part as “the fun stuff.” 

Conclusion

The Merge is first step to Ethereum 2.0 which is predicted to occur during September 2022. This process will change Ethereum’s consensus algorithm from Proof-of-Work that consume an enormous amount of energy to Proof-of-Stake that can reduce energy consumption by 99%.

In addition, there more Ethereum’s upgrades planned for the near future, which are Surge, Verge, Purge and Splurge. These planned upgrades will offer more transaction speed, security, and decentralization for the 2nd largest cryptocurrency in the world, the Ethereum. 

Register with Bitkub to Trade ETH and Safely Invest in Cryptocurrency. Register now

*Cryptocurrency is highly risky; investors may lose all investment money. 
**Digital assets involve risks; investors should study information carefully and make investments according to own risk profile. 
 

Published : September 07, 2022

By : THE NATION

GULF donates THB 55M to Thammasat University Hospital for the establishment of Hemodialysis Center with Advanced Technologies

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https://www.nationthailand.com/pr-news/business/pr-news/40019836


With the current situation in Thailand where there is the rising number of kidney disease patients who need dialysis, having equal access to standardized medical care is therefore essential to the quality of life of patients.

GULF donates THB 55M to Thammasat University Hospital for the establishment of Hemodialysis Center with Advanced Technologies

At present, the hemodialysis unit of Thammasat University Hospital needed to increase the round of dialysis services daily to accommodate more patients. In the upper central region, Thammasat University Hospital is considered to be the only hospital that can provide comprehensive medical services. Therefore, people living in nearby provinces like Saraburi and Phra Nakhon Si Ayutthaya do not have to travel to Bangkok. The hospital also receives referrals from other hospitals in the Northern Bangkok area, the Upper Central region, the lower Northern region and the North Eastern region, resulting in a high number of patients. Consequently, the facility and medical equipment are insufficient for treatment and services.

GULF donates THB 55M to Thammasat University Hospital for the establishment of Hemodialysis Center with Advanced Technologies

Gulf Energy Development Public Company Limited (GULF) recognizes the importance of this issue so for that reason, the company presented a donation of 55 million baht to Thammasat University Hospital to fund the establishment of the state-of-the-art Hemodialysis Center with 30 high-efficiency on-line hemodiafiltration machines to provide disadvantaged patients with chronic renal failure access to comprehensive and standardized treatment. The center also aims to be the Center of Excellence, offering comprehensive for patients with kidney disease and patients in need of kidney replacement therapy; acute hemodialysis, chronic hemodialysis, peritoneal dialysis, kidney transplant surgery, plasmapheresis, etc. In addition, the center will be an on-site teaching facility for medical students, nursing student and resident physicians specializing in nephrology. This is in line with GULF’s mission to promote public health along with improving the quality of life of people in the community.

GULF donates THB 55M to Thammasat University Hospital for the establishment of Hemodialysis Center with Advanced Technologies

Mr. Sarath Ratanavadi, Chief Executive Officer, GULF stated, “Since the spread of Covid-19 for over 2 years, GULF has consistently supported public health programs such as supporting the fund for procurement of medical equipment as well as supporting vulnerable people in the community, affected by Covid-19 with free meals. Therefore, GULF hopes that funding to support the establishment of the hemodialysis center will improve the quality of life of kidney disease patients. and this is also a long-term investment as this medical center will benefit the hospital moving forward.”

GULF donates THB 55M to Thammasat University Hospital for the establishment of Hemodialysis Center with Advanced Technologies

Professor Dr. Surapon Nitikraipoj, Chairman of the Executive Committee, Thammasat University Hospital said, “The current hemodialysis center has received a large number of patients since there is an increasing number of patients with severe and complicated kidney disease, resulting in insufficient space and equipment. Therefore, the hospital has to increase the service rounds to 3 times per day. However, the center is still not capable of providing service to every patient, causing delay or inadequate treatment. In order to support the hospital’s mission of providing underprivileged patients with equal access to medical care, Thammasat Hospital therefore carries on a policy with the opening of 30 high-efficiency advanced hemodialysis units to expand the potential and help patients with kidney disease in the long run. We would like to thank Gulf Group for recognizing the importance of building this hemodialysis center with advanced technologies.”

GULF donates THB 55M to Thammasat University Hospital for the establishment of Hemodialysis Center with Advanced Technologies

“This hemodialysis center with advanced technologies will provide dialysis services to disadvantaged patients suffering from chronic renal failure, enabling them to have access to good and standardized medical care. It will be an agency that provides specialized services to patients with kidney disease with professional staff with expertise in caring of patients from OPD (outpatient) to OR (operating room) and wards with systematic care. The center aims to provide a one stop service where blood collection, examination, drug reception and other procedures will be taken in one place, delivering faster and more convenient service,” Associate Professor Pharuhat Tor-Udom, M.D, Director, Thammasat University Hospital said.

GULF donates THB 55M to Thammasat University Hospital for the establishment of Hemodialysis Center with Advanced Technologies

Hemodialysis Center with Advanced Technologies is located on the 4th floor in the laboratory and diagnostic radiology building, Thammasat University Hospital. With a total area of 900 square meters, the center is equipped with 30 dialysis machines with innovative technology and smart IT system to assess the methods of dialysis. The amount of fluid required for each patient is calculated by weight, blood tests, including the patient’s vital signs during dialysis to optimize the dialysis treatment according to the symptoms. In addition, the dialysis machine uses two waste disposal processes combined, namely the diffusion process, and the convection process, which are mostly used in European countries thanks to its efficiency to eliminate large molecular waste in the body which traditional dialysis cannot do as well as help reduce infection, side effects, complication rate including mortality rate. Overall, it will allow patients to have a better quality of life and longer lifespan. Currently, the Hemodialysis Center is under construction and expected to be open within 2023.
 

Published : September 07, 2022

By : THE NATION

Enter the digital world and enjoy NFT activities at Bitkub NFT Fair and Crypto Night on Sept 10-11

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https://www.nationthailand.com/pr-news/business/pr-news/40019834


Bangkok, September 6, 2022 — Bitkub Blockchain Technology, Bitkub Chain and Bitkub NFT developer invite you to open the new experience of the digital world and participate in the NFT activities at Bitkub NFT Fair event on September 10-11 at Bitkub M Social, Helix Building 9th floor, The Emquatier.

Enter the digital world and enjoy NFT activities at Bitkub NFT Fair and Crypto Night on Sept 10-11

The objective of this event is to give an opportunity for you to meet up with the community and business partners. Participants can also enjoy the activities from Social DAO and EarnKUB, the new feature on Bitkub NFT platform. After the end of the activities, the participants will have a chance to win special privileges from Bitkub NFT. The event will also be joined by several famous Thai NFT creators, who will share some useful tips about NFT under the topic of “The varieties of NFT utilization”.  

From 17.00-22.00 hours of Saturday September 10, there will be a special event “Crypto Night” under the concept of “Talks, Drinks & Mingling”. You will have a chance to meet up with special guest, Topp Jirayut Srupsrisopa, Founder and CEO of Bitkub Capital Group Holdings Co., Ltd., who will share some useful tips about cryptocurrency and NFT. Food and beverage are free throughout the event.
 

Follow for more news and updates of Bitkub NFT, Bitkub Chain, and Bitkub M Social

Bitkub NFT
Website : https://www.bitkubnft.com/ 
Facebook : https://www.facebook.com/bitkubnft 

Bitkub Chain
Website : https://www.bitkubchain.com/ 
Facebook : https://www.facebook.com/bitkubchainofficial 
Twitter : https://twitter.com/bitkubchain 

Bitkub M Social
Website : https://www.bitkubmsocial.com/ 
Facebook : https://www.facebook.com/bitkubmsocial 

#BitkubChain #BitkubBlockchainTechnology #BitkubNFT #NFTFair #SocialDAO #EarnKUB #BitkubMsocial  #BitkubMCryptonight
 

Published : September 07, 2022

By : THE NATION

Taiwan Excellence Presents: Driving a New Revolution with Thailand in Smart Medical Solutions

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/pr-news/40019823


Thailand’s medical device imports from Taiwan have risen significantly in the last few years. To encourage more cooperation between Thailand and Taiwan in the medical care industry, the “Taiwan Excellence Driving a New Revolution in Smart Medical Webinar” was held on Sept. 2, 2022, at 10:00 a.m. (GMT+7) by the Bureau of Foreign Trade (BOFT) in Taiwan, and the Taiwan External Trade Development Council (TAITRA).

Taiwan Excellence Presents: Driving a New Revolution with Thailand in Smart Medical Solutions

Four Taiwan Excellence award-winning companies including EPED Inc., IEI, Insight Medical Solutions, and Medimaging Integrated Solution, were invited to demonstrate their latest products and technologies.

Grace Wang, Chairman of the Taiwan Medical & Biotech Industry Association, delivered the welcoming remarks.Grace Wang, Chairman of the Taiwan Medical & Biotech Industry Association, delivered the welcoming remarks.

Grace Wang, Chairman of the Taiwan Medical & Biotech Industry Association, stated in the opening remarks that IC design, semiconductors, and telecommunication technologies are all critical to the upcoming revolution in the medical and healthcare industries, and that Taiwan’s technological competencies have helped the island secure an important place in the global medical sector. Taiwan’s R&D personnel are working hard to create a low-risk and high-reward environment for medical professionals as well as patients, said Ms. Wang, and she expects to see more and more communication, interaction, and trading opportunities in the industry between Bangkok and Taipei. 

Emmanuel Felix Lespron, Global Marketing Manager for EPED Inc. presented on the subject of “Guiding the Future of Precision Medicine”.Emmanuel Felix Lespron, Global Marketing Manager for EPED Inc. presented on the subject of “Guiding the Future of Precision Medicine”.

Emmanuel Felix Lespron, Global Marketing Manager for EPED Inc., proudly showcased RETINA, a stereotactic surgery navigation system which is used in many types of minimally invasive surgeries. It is capable of reducing unnecessary tissue injuries and lowering the risk of surgical complications. According to Mr. Lespron, the company’s 4D dental surgery navigation system, IRIS, features the most advanced 4D optical positioning technology and real-time tracking, so it’s the best assistant even in complex cases like zygomatic implant surgeries. 
 

Jenny Lu, Senior Medical Business Center Salesperson for IEI Integration Corp., spoke on the topic of “AI Computers in Healthcare”.Jenny Lu, Senior Medical Business Center Salesperson for IEI Integration Corp., spoke on the topic of “AI Computers in Healthcare”.

Jenny Lu, Senior Medical Business Center Salesperson for IEI Integration Corp., shared that IEI’s medical image management system POCi-W22C-ULT5 comes with various features to accelerate hospital digitalization, such as an ultra-slim aluminum front bezel display and modular expansion design. Additionally, POCi-W22C-ULT5 has been used as part of an anesthesia information management system because it speeds up the transfer of anesthesia information during operations so that caregivers are able to manage any situation with maximum efficiency. 

Kevin Sung, Director of Marketing & the Business Development Division from Insight Medical Solutions Inc., presented on the subject of “UGI Tract Examinations Made Easy”.Kevin Sung, Director of Marketing & the Business Development Division from Insight Medical Solutions Inc., presented on the subject of “UGI Tract Examinations Made Easy”.

Kevin Sung, Director of Marketing & the Business Development Division from Insight Medical Solutions Inc. announced that the company has successfully developed the world’s first wired magnetic-assisted capsule endoscope (MACE) for upper digestive tract examinations. By swallowing the fish oil capsule-like endoscope, the process is anesthesia free and patients can even communicate with doctors during the examination. Mr. Sung is confident that the sterile, single-use medical device greatly decreases the chance of physicians and patients getting aerosol infections or cross-infections.
 

Jeff Wang, Senior Sales Director of the Business Development Center from Medimaging Integrated Solution Inc. (MiiS), focused on the topic of “Best AI-powered Imaging Solutions in Primary Care Diagnosis”.Jeff Wang, Senior Sales Director of the Business Development Center from Medimaging Integrated Solution Inc. (MiiS), focused on the topic of “Best AI-powered Imaging Solutions in Primary Care Diagnosis”.

Jeff Wang, Senior Sales Director of the Business Development Center from Medimaging Integrated Solution Inc. (MiiS) gave a presentation on primary care diagnosis. The company’s Smart Wound Carer is a multi-sensing device which integrates a color camera, a thermal camera and a 3D camera to assess wound size, depth and tissue ratios of chronic skin injuries. With the help of its AI wound care analysis system, MiiS makes remote wound care more accurate, and shortens the healing time of wounds. 

The webinar attracted about 85 people who registered online, including professional medical media, such as Innolab Magazine and Thailand Biotech Guide, and mainstream media, such as Bangkok Post, and ARIP Group and well-known companies such as Bangkok Hospital and Tisco Asset Management. People who are interested in learning more about Taiwan’s smart medical solutions are welcome to visit The Taiwan Healthcare Hub (THH) (https://healthcare.taiwantrade.com/home/home.html).

●    Please click on the following link to watch the “Taiwan Excellence Driving a New Revolution in Smart Medical Webinar” if you missed it: https://www.youtube.com/watch?v=aSnUlNFu0Vc
●    For more details about the four featured Taiwanese companies, please visit the following link: https://sites.google.com/view/smart-medical-webinar/home 
●    To fill out the post-event survey questionnaire: https://reurl.cc/RXW62n
●    For more information, please visit Taiwan Excellence’s website: https://www.taiwanexcellence.org/tw
●    Should you require any further details, please email: chou@taitra.org.tw or demhaeid@taitra.org.tw
●    For more information, please contact the Taiwan Trade Center, Bangkok (TAITRA) via telephone +66(2)6514470 or email: bangkok@taitra.org.tw 
 

Published : September 07, 2022

By : THE NATION

Sasin School of Management launches Social Progress Index for the Provinces of Thailand

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https://www.nationthailand.com/pr-news/business/pr-news/40019792


Sasin School of Management has developed the Social Progress Index (SPI) for the Provinces of Thailand (SPI Thailand) in collaboration with Social Progress Imperative, a global nonprofit based in Washington D.C., which has provided technical expertise and support to Sasin in developing the index.

Sasin School of Management launches Social Progress Index for the Provinces of Thailand

SPI is a comprehensive, non-economic index launched in 2014 to measure the actual lived experience of people in different countries by looking at three dimensions: basic human needs, foundations of well-being, and opportunity. 

Since May 2020, Sasin’s SPI Working Team has been sourcing data at the provincial level from various official data sources to cover at least 40 environmental and social indicators to be included in the final framework of the SPI Provincial Index for Thailand. In 2021, Thailand’s SPI Index ranked 71st out of 168 countries.

Sasin School of Management launches Social Progress Index for the Provinces of Thailand

“As our index drives policy effectiveness—creating both action and impact—we are confident Sasin’s partnership with Social Progress Imperative and the launch of SPI Thailand are vital steps to inspire.connect.transform for a better, smarter, sustainable world.” said Professor Ian Fenwick, Ph.D., Director of Sasin.

“We know that the Social Progress Index has no impact at all if it sits in reports and computers. It only has a life or a force if it is picked up and used by leaders in government, business, and civil society,” said Michael Green, CEO of Social Progress Imperative, “GDP and economic measures miss things like family, community, and fairness. And we also know that economic measures of progress tell nothing about sustainability and with the coming climate crisis that has become even more pressing.”

Sasin School of Management launches Social Progress Index for the Provinces of Thailand

“By releasing SPI that focuses on specific findings in the provinces of Thailand, Sasin’s goal is to get policymakers and decisions makers to use the SPI tools developed to help them understand the weaknesses and the strengths of each province. As a result, they can better prioritize investment and allocate resources to focus on the needs of the people in each province. SPI is an internationally recognized index, so the involvement of all provinces is important in developing the index so that it suits the context and goals of Thai society,” said Nick Pisalyaput, Deputy Director of Strategy, Innovation, and Impact at Sasin.

Sasin School of Management launches Social Progress Index for the Provinces of Thailand

For more details about the index and report, please visit https://bit.ly/3e0b3Jb or contact spi@sasin.edu
 

Published : September 07, 2022

By : THE NATION