The move will also promote the country’s infrastructure and industrial development, particularly in the Eastern Economic Corridor (EEC) areas, the bank’s president Pisit Serewiwattana said in a press release on Thursday.

The bank has recently improved features of its EXIM Special Zone Credit, a facility launched in March 2018. As of the end of March 2019, credit application amount was Bt1.5 billion.

The bank has extended the service availability period until the end of June 2020 to cater to entrepreneurs’ diverse demand for credit facilities, and promote the country’s infrastructure and industrial development, particularly in the Eastern Economic Corridor (EEC) areas.

Entrepreneurs who wish to start up, expand or improve their business facilities in respect of infrastructure and factory buildings, expand production capacity, and enhance machinery efficiency in such special zones as industrial zones, provinces in special economic zones, industrial estates, industrial parks, border provinces, and EEC areas covering Chachoengsao, Chonburi and Rayong provinces, are welcome to apply for EXIM Special Zone Credit.

This credit facility is available in the forms of both a long-term credit with a tenor of up to 15 years and a special interest rate of prime rate -1.75 per cent per annum in the first three years (equal to 4.5 per cent per annum) and a revolving credit for business liquidity enhancement (on top of the long-term loan) with a maximum credit line of 1.5 times the long-term credit amount approved and a maximum interest rate of 4.75 per cent per annum in the first two years, with a discount of 0.25 per cent per annum on the first-year interest rate for business operators in the EEC areas.

Existing clients may apply for the revolving credit, without having to apply for the long-term credit facility, he said.

The company said in a press release that the drilling of Lang Lebah-1RDR2, which began in March 2019, targeted non-associated gas in the primary target of the Middle Miocene cycle IV/V carbonate reservoir and undertaken to a total depth of 3,810 meters.

The well encountered 252 meters of net gas pay, indicating multi-TCF gas discovery.

The well was tested in carbonate main target reservoir with a completion-constrained (2-7/8” tubing) rate of 41.3 MMSCFD and 246 barrel of condensate per day (BCPD) through 40/64-inch choke size.

The drilling result of the Lang Lebah-1RDR2 is historically PTTEP’s largest discovery. This affirms PTTEP’s strategy in organically growing reserves from exploration activities. The discovery will require further drilling to confirm upside potential.

Sarawak SK410B Project is located in the shallow waters, approximately 90 kilometers offshore Sarawak, with the acreages of approximately 1,870 square kilometers.

The consortium consists of PTTEP HKO (the Operator), KUFPEC and PETRONAS Carigali Sdn. Bhd. with participating interests of 42.5 per cent, 42.5 per cent and 15 per cent respectively.

A press release on Thursday said the event will promote investment, the exclusive sales of Saha Group products from over 1,000 exhibitor booths along with a free delivery service, as well as the sales of signature products from four regions by Department of Internal Trade of Thailand (DIT).

This year, the fair also features mini-concerts from notable artists, special fashion shows, seminars on Marketing in Digital Era and walk-in application for more than 1,500 job vacancies with Saha Group.

Boonsithi Chokwatana Chairman of Saha Group, said that the event is the preeminent event held every year with the objective to promote trade and investment in Saha Group products both domestically and internationally while showing the potential for Saha Group as the leading manufacturer and distributor of the full-range products, services and cultural businesses that cater to the demand of both Thai and international consumers.

The fair is to be held from today (Thursday) until Sunday from 10am to 10pm at Hall 98-100, BITEC Bangna under the concept “Wow Every Gen.”

Saha Group products, services and cultural businesses to be showcased for the participating business visitors seeking to strike trade deals and investment expansion at Hall 100 will feature several interesting product innovations as follow.

Arrow Shirt is an innovative apparel manufactured from turning the recycled plastic bottles into refined fiber in place of polyester fibers.

Pan Shoes, Star of Siam Model is the latest groundbreaking product using 3D Printing technology that offers scans and custom-fit shoe adjustment to customers’ feet.

Developed with AI technology, His & Her Smart Shop is a novel technology that can maximise efficiency and enhance customers’ shopping experiences.

This Fair also serves as a special occasion for Saha Group to grandly launch King’s College International School Bangkok, established in partnership with King’s College School Wimbledon, England, as the Company aims to put more effort in its cultural business, the latest addition to its existing products and services.

As the exclusive sales of Saha Group leading products at special prices at Hall 98-99 remains the highlight activity across all ages and genders, this year Fair offers varieties of Saha Group products from over 1,000 exhibitor booths, ranging from clothes, food and beverages, housewares, leatherwear, shoes, cosmetics, sport gears, home appliances and others, along with free home delivery service.

In addition, Saha Group also gives out discount coupons for the participating Thong Fah (Blue Flag) Pracha Rat store operators to purchase special product sets at a discounted price from 4,000 to 2,000 baht.

To make the 23rd Saha Group Fair even more special, Saha Group also brings SMEs of Signature Products from 4 Regions of Thailand with Department of Internal Trade of Thailand, to sell their 40 top-tier product selection across the 4 regions of Thailand.”

The exclusive activities at Hall 100, Room Silk 1-3 and Amber 1-3 comprises diverse activities that offer attractive options for every group of visitors to fulfill each individual interests. The examples are mini-concerts from well-known artists, Mai Charoenpura, Phet Thakrit Tawanpong, and NUVO band, along with the exclusive meet with leading actors and actresses, including Film Thanapat, Tao Settaphong, Baifern Pimchanok, Nune Woranuch, Patt Napapa, Bow Maylada and Sammy Cowell.

Meanwhile, visitors can enjoy Fashion shows from Farmhouse Fashion Happy Pung Pung Project and Fashion show under the concept Thai Ness, Hit the Street Style Runway with your Thainess at Heart from Saha Group Bangkok Young Designer Awards as well as Mix & Match Fashion Show from A’MAZE.

Besides, the event also features Make-up and Personality Workshops with professional make-up artists, Seminars on six practical topics, including Marketing in Digital Era, Professional Management Skills for Thong Fah Pracha Rat store operators, along with Walk-in Job Application for more than 1,500 job vacancies in 100 positions with Saha Group.

All these exclusive activities are open for visitors for free of charge.

The company said in a press release on Wednesday that the power strip is a hyper-convenient and safe power strip certified by the Thai Industrial Standards Institute (TISI), which can be controlled from anitech IoT Application on IOS and Android smartphones. The produced aims to tap into the B+ segment of consumers and higher while reinforcing its position as leader in the Thai power strip sector.

Pitchyen “Thomas” Hongpakdee, CEO – chief executive officer of Smart ID Group, said the design of anitech IoT power strip is inspired by the first sunlight of the day, which is considered the light of life because it energises all lives it shines upon at daybreak.

With this inspiration, anitech set off to create powerful innovation that would blend cultural uniqueness and modernity and reflect its professionalism and contemporary sentiment under the concept “design innovation that incorporates Thainess for the Thai people”. The resulting anitech IoT power strip helps reinforces its leadership in the innovation that brings happiness to home.

The era of the IoT (Internet of Things) has truly arrived and the internet has transformed the lifestyle of today’s consumers who want to use a single platform to control multiple electronic devices. To cater to this trend, anitech has developed a control system with an application that is simple but offers the highest convenience for smart living in a smart home, said the CEO.

Modern consumers pay most attention to two factors when they make a purchase decision. About 75 per cent of the consumers focus on safety and convenience, while 68 per cent focus on efficiency and worthiness. The anitech IoT power strip is specifically designed as the answer to this trend and the modern demand for smart living with safety and convenience.

Pitchyen said anitech had experimented with the development of anitech IOT power strip of the H900 Series with an overseas software team but had difficulty in maintaining the continuity of the development. This led to it deciding to form its own product development team who created the anitech IoT power strip of H1000 Series, which has four sockets and a touch screen switch. With an elegant and stylish design, the power strip can blend in with home decoration.

The power strip has four functions: 1. Power switch function, 2. Advance power switch setting that allows the user to select dates and times, 3. Countdown power switch mode, and 4. Power consumption function that shows real-time power usage as well as past records of up to three months. The user can access and control these functions via anitech IoT Application on IOS and Android smartphones anywhere and anytime as long as there is internet access.

Pitchyen said the user interface of the application was designed by a team of Thai developers, the programming and structuring of the application were carried out by Thai programmers, and its cloud server is located in Thailand. This means technical problems will be solved easily and service is readily available to customers. The anitech IoT innovation is truly created by the Thai people for the Thai people.

The anitech IoT power strip is priced at Bt2,590 with one-year guarantee and up to Bt500,000 of compensation for damage. In the future, various features will be added, such as temperature sensor, light sensor and motion sensor, which will provide data to the user and can be used to set the switch. The user will have more freedom in setting the power strip.

 The company said in a press release on Wednesday that the project organises the collection and recycling of beverage cartons into corrugated roofing sheets, which are then used to construct homes and shelters for natural disaster victims and other needy communities nationwide.

The initiative is now confirmed for the next stage which will last from July 2019 to June 2022, taking the Green Roof project into its second decade next year.

Tetra Pak launched the “Green Roof Project” in June 2010, in partnership with “Friends in Need (of “PA”) Volunteers Foundation”, Thai Red Cross, and Big C Supercenter Public Company Limited. The fourth partner, TV 360 degree, joined the project in 2015.

In the project, Tetra Pak (Thailand) Limited, has also collaborated with the Foundation’s working networks and other partners including Beverage Carton Recycling Center by Fiber Pattana, and the Department of Environmental Quality Promotion of the Ministry of Natural Resources and Environment.

The “Green Roof Project for Friends in Need (of “PA”) Volunteers Foundation” plays a major role in proper carton waste management and recycling in Thailand.

The initiative reinforces Tetra Pak’s commitment to sustainable environmental management by encouraging collaboration among public and private organisations to contribute to a better environment. It also furthers efforts to build awareness on the importance of recycling and to form positive attitudes towards sustainability in Thailand.

AirAsia, which operates flights to more than 140 destinations in 22 markets, has been transforming its business practices to increase efficiency, strengthen customer focus and pursue growth.

Workday’s cloud technology for HCM is now being to the airline’s 22,000-plus Allstars (employees) globally.

The technology will be used to manage AirAsia’s employee data, including career information, technical skills and training and other records.

Additionally, AirAsia employees will have self-service capabilities allowing them to build their own career paths, the company said.

Spring 26 Channel will go off the air at midnight on August 15 and receive Bt675.764 million of the total payout, NBTC secretary-general Takorn Tantasith said yesterday.

Spring News Channel 19 will get Bt500.951 million, and Bright TV Bt371.983 million.

Takorn said the compensation would be paid to them within 60 days of the channels going off the air.

Four other channels, including Voice TV, have sent their remedial plans to the NBTC, and BEC Multimedia Plc and MCOT are yet to do so, he said.

Takorn said the NBTC will borrow from the Broadcasting and Telecommunications Research and Development Fund for the Public Interest to pay total compensation of Bt4.84 billion to the seven channels.

Six commercial digital TV broadcasters announced on May 10 that they would return to the NBTC the seven licences that they held between them.

May 10 was the deadline for any of the broadcasters to declare their intention to return their licences. The six broadcasters returning include Spring News Television Co Ltd’s Spring News Channel 19 and Nation Multimedia Group’s (NMG) Spring 26 Co Ltd, which will hand back its licence for Spring 26 Channel (formerly known as NOW26 channel). The others are Bright TV, which is returning its licence for Channel 20; Voice TV for Voice TV Channel 21; MCOT for MCOT Family Channel 14; BEC World’s Channel 3 for its Family Channel 13; and 3SD Channel 28.

The NBTC has set up a subcommittee to work out the compensation amounts for these six broadcasters.

The subcommittee considered the cases of Spring News and NMG first yesterday, as they were the first to submit their proposals for compensation and plans to compensate staff affected by the shutdown of their channels.

Bright TV sent its proposal on compensation to the watchdog yesterday. Spring News had offered Bt1.318 billion to win the licence, of which it had already paid Bt878.2 million upfront in four instalments.

According to the calculations of the NBTC subcommittee, Spring News will lose the use of the licence for 3,540 days from the date of the channel’s shutdown on August 15 to the end of the license term on April 24, 2029. The total unused period amounts to compensation of Bt567.407 million.

After deducting the government subsidies granted to digital TV licence holders until August 15 and the channel’s net profit this year of Bt4.4 million, the channel will be compensated with a net amount exceeding Bt500 million.

Spring 26 Channel (NOW26) offered Bt2.2 billion to win its licence, of which three instalments amounting to Bt1.472 billion had already been paid.

According to the NBTC subcommittee, the channel will get net compensation of Bt675 million. The offer for operators to return their licences and receive compensation was part of measures announced by the National Council for Peace and Order in April to ease their financial burden.