At A Glance

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30368153

  • HALLS XS debuts via Marvel’s Avengers Limited Edition pack
    HALLS XS debuts via Marvel’s Avengers Limited Edition pack

At A Glance

Corporate April 23, 2019 01:00

By The Nation

Pepsi partners with Major Cineplex Group

Omer Malik, chief executive officer of Suntory PepsiCo Beverage (Thailand) Co Ltd, recently announced a supply and partnership agreement with Major Cineplex Group Plc, Thailand’s leading lifestyles entertainment company, represented by Vicha Poolvaraluck, director and chairman.

As part of the five-year agreement until 2024, Pepsi-Cola, Mirinda, 7-Up and goodmood will be served at over 117 branches of Major Cineplex Group Cinemas nationwide, and with more being added in the future. This also includes a range of joint promotions and marketing activities, aiming to create a unique and exciting experience for its customers, he said.

Joint campaign to feature vouchers, airfares, massive points

The Mall Group, led by the general manager for corporate promotion, Nonglak Lohamanop, has joined forces with Voranuch Siratharanont, vice president of credit-card marketing for Bangkok Bank Plc, to launch the “Point Mission” campaign from April 25 to May 20 2019 at every branch of The Mall, Emporium, EmQuartier and Paragon department store. Every department on every floor will offer discounts up to 70 per cent.

Every Friday through Sunday throughout the campaign, customers receive a voucher up to Bt500 or a free roundtrip Bangkok-Hong Kong airfare from Cathay Pacific worth up to Bt8,000 when spent with Bangkok Bank according to conditions. M Card customers will receive up to 5,000 points.

The 26-day-long campaign is expected to generate at least Bt3.3 billion in sales revenue.

The company will also launch other promotional campaigns for the middle of the year.

HALLS XS debuts via Marvel’s Avengers Limited Edition pack

The theme is “cool” as the company behind the intensely cooling Halls candy in Thailand joins hands with Marvel to celebrate Marvel Studios’ Avengers: Endgame through an exclusive Halls XS Marvel’s Avengers limited edition pack.

A new set of packaging comes in 12 designs of six beloved Marvel characters. Paired with six Halls XS flavours in a miniature format, the featured characters include Iron Man, Captain America, Hulk, Thor, Black Widow and Black Panther.

The first-time collaboration sees the Mondelez International (Thailand) Co Ltd, the company behind the high-performing candy brand, partnering with a movie franchise.

The union is being promoted as “MINI BUT MIGHTY POWER”. Each flavour is brilliantly paired with a superhero with a stunning shiny finish on the pack.

Marvel Studios’ Avengers: Endgame is the conclusion to Marvel Studios’ 22 films, and is a global phenomenon that fans are eagerly anticipating.

The Halls XS Marvel’s Avengers Limited Edition Pack is expected to be highly collectible as a keepsake.

Govt seeks talks with Hopewell over court compensation order

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30368160

Govt seeks talks with Hopewell over court compensation order

Corporate April 23, 2019 01:00

By The Nation

4,785 Viewed

The government said yesterday that it would consider negotiating with Hopewell (Thailand) Co to settle the Bt11.88 billion compensation awarded by the Supreme Administrative Court.

The court upheld an arbitration committee’s ruling in favour of Hopewell whose concession contract for a Bt80-billion elevated road and rail project in Bangkok was scrapped in 1998.

Deputy Prime Minister Wissanu Krau-ngam said negotiations could lead to a lower compensation amount, as the court’s verdict against the Transport Ministry and the State Railway of Thailand (SRT) is regarded as final.

The Transport Ministry is expected to form a committee to study the court’s verdict and submit details to the Cabinet for consideration, according to Wissanu.

The deputy PM declined to comment on whether legal action could be taken against former politicians who had caused damage to the state, resulting in the massive compensation won by the private company. He also dismissed the possibility of using special powers under Article 44 of the charter to resolve this issue.

However, Wissanu said there could be negotiations with Hopewell to settle the issue, adding that it would likely take a lot of time before a final decision is reached.

Meanwhile, Prime Minister Prayut Chan-o-cha said his government was not responsible for the long-standing dispute with Hopewell, but understood that there had been negotiations with the firm in the past to settle the issue.

SRT acting governor Voravuth Mala said public prosecutors will have to study details of the court’s verdict before the agency takes further action, after it was ordered to pay the compensation to Hopewell.

Sawit Kaew-wan, head of SRT’s union, said the agency does not have the financial resources to pay the entire compensation amount so the government will have to share its responsibility.

The Hopewell project, officially known as Bangkok Elevated Road and Train System, was highly controversial when then-transport minister Montri Pongpanich signed the Bt80-billion concession with Gordon Wu, head of Hopewell, back in 1990. Later the project ran into serious financial and technical problems leading to the termination of its concession contract about seven years later when construction work was only 13.7 per cent completed.

According to the 30-year concession contract, Hopewell was supposed to have completed 89 per cent of the overall construction work at that stage, hence the Chuan Leekpai government decided to terminate the contract.

Based on the concession contract, Hopewell was required to pay a total of Bt50 billion in fees to SRT in return for the right to collect revenues from the project’s tollways and community train service as well as develop 2,093 rai of SRT land.

However, the contract had many weaknesses, especially regarding the SRT’s right to end the contract when the private firm could not meet the terms and conditions.

The SRT also faced problems in handing over land plots to Hopewell, as many sites were still occupied by illegal residents. Later, the private firm also had financial and liquidity problems, resulting in work stoppage and isolated pillars along Bangkok’s Vibhavadi Rangsit Road.

The entire project was to consist of 60km of an elevated road and train network. The first section was to have been 18.8km long, running from Yommaraj to Don Muang, while the second section was to have been 18.5km long, from Yommaraj to Makkasan/Chao Phya River.

Construction work on these two sections was supposed to have been completed within 4-5 years, but actual work was far behind when the contract was terminated.

Malaysians warming up to Central i-City in Selangor

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30368135

x

Malaysians warming up to Central i-City in Selangor

Breaking News April 22, 2019 17:32

By The Nation

Thailand’s leading retail developer Central Pattana Plc (CPN) recently launched its first overseas project, “Central i-City” in i-City Ultrapolis in Malaysia.

The project represents the unique Thai DNA and stems from its “Centre of Life” aspiration and lifestyle destination for the community, the company said.

Central i-City is located in i-City Ultrapolis, a lifestyle hub in the capital of Selangor state, which the Malaysian government is pushing as a world-class tourist destination and “Malaysia Cybercenter” in the future.

The first day of the project’s opening was immensely succeed in terms of the number of shoppers, company president and CEO Preecha Ekkunagul said on Monday.

“In the first month of its opening, we have got excellent feedback from Malaysian customers with the number of shoppers exceeding expectations. The shopping centre is located in a high potential area in Shah Alam and is easily accessible from both Klang and Kuala Lumpur because of major highways. The number of visitors from Malaysia to Thailand are the second highest behind the Chinese, therefore we see the opportunity to bring Thai products, Thai brands and Thai culture to Malaysia,” he added.

To celebrate the opening and to introduce Thai culture to Malaysia, Central i-city is hosting the “Sawasdee Thailand” event until May 5 and Malaysians have been participating with positive feedback.

Unique Engineering gets BBB+ rating

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30368134

x

Unique Engineering gets BBB+ rating

Corporate April 22, 2019 17:29

By The Nation

TRIS Rating has given Unique Engineering and Construction Plc (UNIQ) a “BBB+” rating, and has given the company’s senior unsecured debentures a “BBB”.

The issue was rated one notch below the company, to reflect UNIQ’s secured debt to total assets ratio exceeding 20 per cent – a threshold under TRIS Rating’s criteria.

The ratings reflect UNIQ’s enhanced competitiveness, hefty backlog and solid profitability. However, these strengths are offset by the company’s heavy business concentration, rise in financial leverage as well as the cyclicality of and stiff competition in the engineering and construction industry.

Akaryn luxury boutique hotels to launch in Indonesia, Vietnam

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30368123

x

Akaryn luxury boutique hotels to launch in Indonesia, Vietnam

Corporate April 22, 2019 14:25

By The Nation

Akaryn Hotel Group, a homegrown Thai luxury boutique hotel specialist, is preparing to spread its wings and compete in international markets for the first time with the launch of its pioneering hospitality brands in Indonesia and Vietnam.

In the coming months, two of the group’s signature hotel concepts will make their international debuts. Aleenta, the original barefoot luxury brand that first launched in Thailand in 2004, will be introduced to Bali, Indonesia’s “Island of the Gods”. Akyra, the trend-setting boutique brand, will arrive in Hoi An, the Unesco World Heritage-listed port town in central Vietnam.

Aleenta Retreat Bali aims to be a “spiritual” sanctuary in the island’s mountainous north, an hour’s drive from Ubud.

“Aleenta, our first brand and our pioneering resorts in Phuket and Hua Hin, have become hugely popular among guests,” said Akaryn Hotel Group’s founder and managing director, Anchalika Kijkanakorn.

Every Aleenta property is designed to reflect the timeless charm and character of its destination, featuring large living spaces and world-class facilities while also operating in harmony with the environment, she said. “Aleenta Retreat Bali will be a fantastic addition to our portfolio – secluded, spiritual and sensual, this sublime sanctuary will allow guests to discover the true essence of the Island of the Gods.”

Also opening its doors in 2019 will be Akyra Hoi An, unique waterfront resort nestled midway between Hoi An’s historic town centre and golden China Beach. Located on the banks of the Thu Bon estuary, this low-rise boutique retreat will be accessible either by car or by boat, and many of the 110 stylish rooms and pool villas will sit on the water’s edge, she said.

Xayaburi dam power now feeding EGAT in Loei

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30368119

x

Xayaburi dam power now feeding EGAT in Loei

Corporate April 22, 2019 13:47

By The Nation

CK Power Plc has succeeded in distributing electricity from the first generator unit of the Xayaburi Hydroelectric Power Project to the Electricity Generating Authority of Thailand or EGAT, the company’s managing director, Thanawat Trivisvavet, said through a press release on Monday.

Thanawat added that Xayaburi HPP began selling electricity to EGAT from its first generator unit during the “unit operation period” (UOP) after the authority first gave its approval that the unit was ready to begin operation.

The electricity from the first unit, the first of seven electricity generators, is now official being sold to EGAT via the 500 kV transmission line between the power plant located in Xayaburi province in Laos and Tha Li in Loei province, Thailand.

The achievement of this crucial milestone marks the first official sale of electricity from the 1,285MW Xayaburi Hydroelectric Power Project since its construction began in 2012.

The Xayaburi HPP is the first mega run-of-river power plant on the lower Mekong River to have made substantial investments aimed at mitigating environmental and social impacts through state-of-the-art facilities to flush sediments and to allow passage of migrating fish.

The project is now more than 98-per-cent completed, he said.

The first generator has been running smoothly and continuously without any concerns or problems, which demonstrates that the Xayaburi HPP has been designed and built with the best international engineering standards, he claimed.

The Xayaburi HPP is expected to be a key contributor to CK Power’s operating performance when it achieves its COD later this year, said Thanawat.

SRT must reimburse Hopewell: court

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30368112

  • File photo
    File photo

SRT must reimburse Hopewell: court

Corporate April 22, 2019 12:24

By The Nation

2,676 Viewed

The Supreme Administrative court on Monday ordered the State Railway of Thailand (SRT) to reimburse Hopewell Co Ltd Bt12 billion for the termination of the contract following the arbitral award order on 8 November 2008.

Under the ruling, SRT has to pay within 180 days of Monday’s court order.

Huawei’s profits up in Q1 of 2019

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30368110

x

Huawei’s profits up in Q1 of 2019

Corporate April 22, 2019 12:20

By The Nation

Chinese ICT giant Huawei on Monday announced its business results for the first quarter of 2019 showing CNY179.7 billion (Bt852.7 billion) in revenue, an increase of 39 per cent year-on-year.

The company’s net profit margin in the first quarter of this year was about 8 per cent, slightly higher than in the same period last year.

Huawei maintained its focus on ICT infrastructure and smart devices, and continued to boost the efficiency and quality of its operations, which helped to contribute to its solid performance in the first quarter.

2019 will be a year of large-scale deployment of 5G around the world, meaning that Huawei’s Carrier Business Group has unprecedented opportunities for growth.

By the end of March 2019, Huawei had signed 40 commercial contracts for 5G with leading global carriers, and had shipped more than 70,000 5G base stations to markets around the world, according to the company’s press release.

Board approves investment by 18 foreign companies

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Economy/30368367

x

Board approves investment by 18 foreign companies

Economy April 26, 2019 01:00

By The Nation

Commerce Ministry’s foreign investment board has given approval to 18 foreign firms to expand their investments in Thailand, valued at Bt2.76 billion, Vuttikrai Leewiraphan, director-general of the ministry’s Business Development department, said at a press conference yesterday.

He added that the new investments will employ up to 897 local staff.

The companies are based in Singapore, Japan, UK, Belgium and China. They will invest in R&D, gas equipment for automobile airbags, medical equipment and trade business, he said.

From January till April this year, the board has given approval for 69 foreign firms to expand their investment in Thailand, an 18-per cent drop from the same period of last year. However the investment values for the first four months of 2019 total Bt9.69 billion, up 99 per cent from the same period of last year, he said.

Somkid deepens EEC China push

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Economy/30368376

Somkid deepens EEC China push

Economy April 26, 2019 01:00

By The Nation

DEPUTY Prime Minister Somkid Jatusripitak is leading a delegation representing the Eastern Economic Corridor (EEC) on a visit to China that will see the signing of two agreements that will provide a major boost to plans for the Eastern Airport City project in Rayong province.

The team led by Somkid will arrive in Zhengzhou, Henan province, today. The signing of the two memorandums of understanding (MOUs) are seen as a key step in advancing Thailand’s goals to expand its aviation industry. The delegation wraps up the visit on Monday.

Nattporn Jatusripitak, a spokesman for the deputy prime minister in charge of economic affairs, said the team would include Kanit Sangsubhan, secretary-general to the EEC Office, and top officials of that office.

One of the MOUs will be for cooperation between the EEC Office and an executive committee of the Zhengzhou Airport Economy Zone (ZAEZ), involving the exchange of information and the planning and management of both countries’ airport cities in promoting aviation-related activities, including tourism, trade and investment.

The second memorandum will usher in closer cooperation on trade and a deeper economic relationship between the EEC Office and Henan province relating to development of the Aviation Dual Hub Project between central China and Asean.

This move will enable cooperation in aviation and other supporting industries, like aviation logistics, aircraft maintenance, repair and overhaul, and training courses for workers in technology research and development. It will also promote cooperation under China’s Belt and Road Initiative.

In 2018, trade between Thailand and Henan amounted to US$874 million. Shipments to the Chinese province came to $272 million, led by rubber, electronics components, plastic products, rice and tapioca products. Shipments to Thailand were valued at $602 million, led by mobile phones, textile products, dried mushrooms and chemical products.

Trade between the two is targeted to reach $1.4 billion by 2021.

“Both MOUs gained the Cabinet’s approval on April 2, representing an extension of cooperation under an MOU involving Thailand’s EEC development between the EEC Office and China’s Commerce Ministry signed during a meeting of Thailand-China Joint Steering Committee on Trade, Investment and Economic Cooperation in August 2018.”

During the trip to Zhengzhou, Somkid and his team will visit Zhengzhou Xinzheng International Airport, its ground traffic centre and the provincial capital’s city hall. They will also see the Zhengzhou Linkong Bio-pharmaceutical Park today.

Somkid will then be a witness to MOU signing between the EEC Office and ZAEZ on Saturday.

On Sunday, the Thai delegation will visit Zhengzhou International Hub Development and Construction (ZIH), the Hanan Bonded Logistics Centre, and the Zhongdaman Bonded Commodity 020 Shopping Centre.