Two Fujifilm entities join hands with goal to become No. 1 total printing solutions provider

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https://www.nationthailand.com/business/corporate/40021201

Two Fujifilm entities join hands with goal to become No. 1 total printing solutions provider

Two Fujifilm entities join hands with goal to become No. 1 total printing solutions provider

WEDNESDAY, OCTOBER 19, 2022

Nongluck Ajanapanya

Fujifilm Business Innovation is teaming up with Fujifilm to modernise the traditional printing format by digitising the analog system to keep up with the evolving digital world.

This first-time collaboration also implies that the companies can provide the best solutions and meet the needs of a wide range of customers in terms of usage and budget.

Ratchakrit Temboonsakdi, Fujifilm (Thailand) Unit Head of Graphic Communication Business Division and Industrial, stated at a press conference on Wednesday that the overall outlook for global printing is still positive.

He estimated that the printing industry would grow at a rate of 5-10 per cent a year.

However, as businesses go digital, many entrepreneurs, particularly those in small and medium-sized enterprises (SMEs), are looking for printing machines that can cut costs, save time, and boost productivity, said Ratchakrit

“Demand for digital printing services is increasing, particularly among SMEs and businesses in the e-commerce sector. As a result, the company is proud to present our advanced printing technologies and innovations in order to demonstrate our leadership and expertise in printing technology,” Ratchakrit noted.

Kitti Pornpipatwong, general manager of Graphic Communication Service at Fujifilm Business Innovation (Thailand), stated that the two forward-thinking companies will collaborate to optimise remarkable business performance and foster sustainable business development, with the goal of becoming the No. 1 total printing solutions provider in the future.

The announcement of the collaboration took place as Fujifilm Business Innovations, and Fujifilm participated as exhibitors at Pack Print International 2022, being held from October 19-22 at Bitec, Bangna.
 

Two Fujifilm entities join hands with goal to become No. 1 total printing solutions providerKitti pointed out that the goal of participating in the event was to demonstrate the company’s printing potential and the advancements in printing technology from Fujifilm so that business operators and industry stakeholders can stay up to date on the latest printing innovations in the printing industry.

“The company will be showcasing a variety of advanced printing technologies and solutions, as well as software that supports automation, such as software developed for automatic calibration of colour presses and programmes that enhance illustration and graphic development before going into production print,” he explained.

“There are also a variety of highly efficient functions for greater convenience in digital printing that exquisitely help to increase the value of each digital print work.”

Fujifilm Thailand has specialised in developing technologies and innovations to meet the needs of customers all over the world for over 30 years.

Meanwhile, Fujifilm Business Innovation is a manufacturer and distributor of well-known products, such as multi-functional printers, office printers, and advanced printers for publishing companies, as well as a provider of IT solutions and outsourcing services, including research and development to improve production efficiency.

Nongluck Ajanapanya

Thai SEC to host summit of international securities commissions

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https://www.nationthailand.com/thailand/economy/40021216

Thai SEC to host summit of international securities commissions

Thai SEC to host summit of international securities commissions

THURSDAY, OCTOBER 20, 2022

Thailand’s Securities and Exchange Commission (SEC) will host the 2023 annual meeting of the International Organisation of Securities Commissions (IOSCO), the SEC secretary-general said.

On Wednesday, secretary-general Ruenvadee Suwanmongkol and senior SEC officials took part in the handover ceremony for hosting the IOSCO summit during a meeting of the organisation’s Presidents Committee in Marrakesh, Morocco.

The committee is composed of presidents (chairs) of ordinary and associate members and meets once a year during the annual conference. It is chaired by the president of the ordinary member hosting the summit.

The 2023 IOSCO Annual Meeting will be held from June 13 to 15.

During the handover ceremony, Ruenvadee invited representatives of securities commissions from around the world to attend the Bangkok meeting.

They were also invited to stay on for the SEC Thailand Public Conference on June 16.

During the Presidents Committee meeting in Marrakesh, organisation members discussed the operations of the IOSCO Financial Stability Engagement Group to study and analyse financial stability of various nations so members could plan cooperation with respective central banks to maintain stability.

Thai SEC to host summit of international securities commissionsThe meeting also discussed IOSCO operations related to digital assets.

The organisation thanked Thailand’s SEC for sending two officials to participate in its secondment policy meeting. The purpose of the secondment policy is to ensure there are appropriate human resources available at the IOSCO General Secretariat, located in Madrid.

The IOSCO is the international body that brings together the world’s securities regulators and is recognised as the global standard setter for the securities sector. The organisation develops, implements and promotes adherence to internationally recognised standards for securities regulation.

Baht strengthening may be limited in short term: market strategist

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https://www.nationthailand.com/thailand/economy/40021158

Baht strengthening may be limited in short term: market strategist

Baht strengthening may be limited in short term: market strategist

WEDNESDAY, OCTOBER 19, 2022

The baht opened at 38.09 to the US dollar on Wednesday, strengthening slightly from Tuesday’s close of 38.12.

The Thai currency will likely move between 37.90 and 38.15 against the greenback during the day, Krungthai market strategist Poon Panichpibool predicted.

He said the dollar’s strengthening might slow down as the market is in a risk-on state, but the baht is still being pressured by gold purchases and other currency transactions such as the Japanese yen.

Meanwhile, foreign investors off-loaded long-term bonds worth 5.8 billion baht in the past two days, so Poon expected any strengthening of the baht to be limited in the short term.

He did not expect the baht to exceed its support level of 37.80 to the dollar until there is a significant factor, such as the dollar weakening or foreign investors returning to buy more Thai assets.

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

Her Royal Highness Princess Sirivannavari Nariratana Rajakanya presided over the Grand Opening of the “Weaving the Way: A Journey of Thai Silk” Exhibition on the occasion of 90th Birthday Anniversary of Her Majesty Queen Sirikit The Queen Mother

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https://www.nationthailand.com/pr-news/more/pr-news/40021146

Her Royal Highness Princess Sirivannavari Nariratana Rajakanya presided over the Grand Opening of the “Weaving the Way: A Journey of Thai Silk” Exhibition on the occasion of 90th Birthday Anniversary of Her Majesty Queen Sirikit The Queen Mother

Her Royal Highness Princess Sirivannavari Nariratana Rajakanya presided over the Grand Opening of the “Weaving the Way: A Journey of Thai Silk” Exhibition on the occasion of 90th Birthday Anniversary of Her Majesty Queen Sirikit The Queen Mother

TUESDAY, OCTOBER 18, 2022

THE NATION

HRH Princess Sirivannavari Nariratana Rajakanya presided over the Grand Opening of the “Weaving the Way: A Journey of Thai Silk” Exhibition on the occasion of 90th Birthday Anniversary of HM Queen Sirikit The Queen Mother at Charoen Nakhon Hall, ICONSIAM. The Grand Opening was attended by H.E. Mr. Don Pramudwinai, Deputy Prime Minister and Minister of Foreign Affairs, the Ministry’s executives and officials, members of diplomatic corps and spouses as well as media.

This Exhibition is organised to honour Her Majesty’s dedication to preserve and promote Thai textiles on the global arena for more than 7 decades as well as HRH the Princess’ determination to continue, preserve and develop Her Majesty’s work. The Exhibition is divided into 3 parts as follows:

Her Royal Highness Princess Sirivannavari Nariratana Rajakanya presided over the Grand Opening of the “Weaving the Way: A Journey of Thai Silk” Exhibition on the occasion of 90th Birthday Anniversary of Her Majesty Queen Sirikit The Queen Mother

The first part is the beginning of the Thai Silk Journey where HM Queen Sirikit The Queen Mother became enchanted by the beauty of Mudmee Thai silk while visiting flood victims in Na Waa District, Nakorn Phanom Province, with HM King Bhumibol Adulyadej The Great in 1970. From that visit, Her Majesty initiated a project to encourage and support the weaving of textiles as a means of creating steady secondary income for Thai women. Her Majesty then established the Foundation for the Promotion of Supplementary Occupation and Related Techniques (SUPPORT) on 21 July 1976, ensuring that the diverse crafts of Thailand have survived to this day.

Her Royal Highness Princess Sirivannavari Nariratana Rajakanya presided over the Grand Opening of the “Weaving the Way: A Journey of Thai Silk” Exhibition on the occasion of 90th Birthday Anniversary of Her Majesty Queen Sirikit The Queen Mother

This part also displays various photographs of HM Queen Sirikit The Queen Mother graciously granting the opportunity to both local and international designers to create attires for HM to wear during State Visits, welcoming royal guests, as well as attending royal functions. The use of Mudmee, Prae Wa, Yok and Hilltribe textiles in her wardrobe shed a keen light on the beauty of Thai fabrics.

The second part involves the story of HRH Princess Sirivannavari Nariratana Rajakanya setting Her heart out to continue, preserve and develop HM Queen Sirikit The Queen Mother’s work in conserving, reviving and promoting the arts and crafts of Thailand, especially in the support of textile weaving and product development for a more modern market to promote Thailand’s fashion and textile industry onto the international arena.

Her Royal Highness Princess Sirivannavari Nariratana Rajakanya presided over the Grand Opening of the “Weaving the Way: A Journey of Thai Silk” Exhibition on the occasion of 90th Birthday Anniversary of Her Majesty Queen Sirikit The Queen Mother

The final part is a display of bespoke masterpieces from Thai textiles by international designers and leading brands. These include clothes, bags, shoes and jewelry. This is a great example of how to turn cultural assets into value-added products. It also demonstrates that Thai textiles can be used to make apparel that is modern and recognised by leading designers.

Her Royal Highness Princess Sirivannavari Nariratana Rajakanya presided over the Grand Opening of the “Weaving the Way: A Journey of Thai Silk” Exhibition on the occasion of 90th Birthday Anniversary of Her Majesty Queen Sirikit The Queen Mother

THE NATION

A big green flag on the month of 10th, “Sabuy Digital” launching 2 mobile applications with 2 digital tokens, is now being stated as a utility token, on FIIT Token & Speedkub platform

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https://www.nationthailand.com/pr-news/more/pr-news/40021143

A big green flag on the month of 10th, “Sabuy Digital” launching 2 mobile applications with 2 digital tokens, is now being stated as a utility token, on FIIT Token & Speedkub platform

A big green flag on the month of 10th, “Sabuy Digital” launching 2 mobile applications with 2 digital tokens, is now being stated as a utility token, on FIIT Token & Speedkub platform

TUESDAY, OCTOBER 18, 2022

THE NATION

Sabuy Digital, a new start up company under SABUY GROUP with a strong innovation and technology infrastructure together with a goal of bringing blockchain for users to experience a hybrid real-virtual world.

“FIIT Token”, a new and the first in the market “Move to Earn” platform, here users can play games or do virtual exercise to earn the tokens, which they can then exchange for products in the real world with a plenty of choices to redeem either from Sabuy Ecosystem or partners. With the concept of gamification, Sabuy Digital built a game gimmick for users to have game items including game NFT which users can convert or transfer to a real NFT on Binance Smart Chain. The NFT itself comes with a value where users can sell and buy in NFT Marketplace like Tofu NFT.

While “Speedkub” has the same concept of earning tokens but different usage purpose. The platform itself aims to be a solution for business partners or SMEs as a CRM for all and CRM Token. Speedkub Token is working as a connection of business and customers for a long term retention and building brand loyalty by giving them a privilege of discounts, special offers, etc. by utilizing the tokens. Sabuy Digital will make a first move with their own drop off brands listed under SABUY GROUP in the phase of launching and will expand to other business partners by the end of the year as expected.

The wait of connecting the Metaverse with Reality is finally over. “FIIT Token” and SpeedKUB” are now launching on both App Store & Play Store.

THE NATION

“Elevate and Enjoy” with Marriott’s premium room promotion in Thailand

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https://www.nationthailand.com/pr-news/more/pr-news/40021141

“Elevate and Enjoy” with Marriott’s premium room promotion in Thailand

“Elevate and Enjoy” with Marriott’s premium room promotion in Thailand

TUESDAY, OCTOBER 18, 2022

THE NATION

Guests can now enjoy preferential rates on non-standard rooms, suites and villas, plus a welcome amenity, breakfast for two and daily hotel credit all across the kingdom

BANGKOK, THAILAND, October 2022 – Marriott Bonvoy is inviting its guests to elevate their next vacation in Thailand with an enticing new promotion that includes premium accommodation and a wealth of added extras.

“Elevate and Enjoy” with Marriott’s premium room promotion in Thailand

Under the new “Elevate & Enjoy” offer, travelers can book a premium room at their chosen hotel or resort – including deluxe, club or family rooms, spacious suites or even luxurious villas – including daily breakfast for two people. Every guest will also be presented with a welcome amenity upon arrival, and daily hotel credit to be redeemed for soothing spa treatments, dining experiences, sunset drinks and more!

Available for bookings made from now until December 31st, 2022, and stays taken until March 31st, 2023, this attractive offer coincides with the high season in many dream destinations across Thailand.

“Elevate and Enjoy” with Marriott’s premium room promotion in Thailand

So, whether you’re seeking a stylish city break in Bangkok, an idyllic island escape in Koh Samui or Phuket, a beachfront holiday in Krabi, Khao Lak, Hua Hin, Pattaya or Rayong, or an enchanting upcountry retreat in Chiang Mai or Chiang Rai, everyone can find their ultimate Thai vacation with Marriott. 

With a selection of chic and spacious accommodation available, “Elevate & Enjoy” is ideal for guests seeking a romantic couple’s break, a special occasion or a fun-filled family vacation. 

“Elevate and Enjoy” with Marriott’s premium room promotion in Thailand

To “Elevate & Enjoy” with Marriott International in Thailand, please visit www.marriott.com/en/destinations/thailand.mi.

Terms & conditions:

• Premium rooms are classed as any accommodation above the lead-in room category.
• Valid for stays at participating properties only a subject to availability.
• Not applicable for group bookings of 10 or more rooms.
• Blackout dates, early departure and cancellation fees may apply and vary by hotel.
• This offer cannot be combined with other select promotions, packages or discounts.
 

“Elevate and Enjoy” with Marriott’s premium room promotion in Thailand

THE NATION

New verification rule for using cash deposit machines from Nov 15

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https://www.nationthailand.com/business/banking-finance/40021129

New verification rule for using cash deposit machines from Nov 15

New verification rule for using cash deposit machines from Nov 15

TUESDAY, OCTOBER 18, 2022

From November 15, people will be required to verify themselves with a debit or credit card when making deposits via cash deposit machines (CDM).

Budsakorn Teerapunyachai, the Bank of Thailand’s senior director of the Payment Systems Policy Department, said this requirement is in line with the Anti-Money Laundering Office’s laws against money laundering and financing of terrorism.

“Verification is necessary to ensure safety in performing financial transactions,” she said.

Budsakorn Teerapunyachai, the Bank of Thailand’s senior director of the Payment Systems Policy DepartmentBudsakorn Teerapunyachai, the Bank of Thailand’s senior director of the Payment Systems Policy Department

People who do not have a debit or credit card can make cash deposits using other channels such as top-up machines, counter services at convenience stores, post offices or bank tellers.

So far, 11 commercial banks have approved the new measure, including Krung Thai Bank, Siam Commercial Bank, Kasikorn Bank, Bangkok Bank, Bank of Ayudhya, TMBThanachart Bank, UOB Bank, CIMB Bank, the Government Savings Bank, the Government Housing Bank and Kiatnakin Phatra Bank.

Post-Covid situation, economic recovery on agenda of Apec finance ministers’ meeting this week

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https://www.nationthailand.com/business/banking-finance/40021107

Post-Covid situation, economic recovery on agenda of Apec finance ministers’ meeting this week

Post-Covid situation, economic recovery on agenda of Apec finance ministers’ meeting this week

MONDAY, OCTOBER 17, 2022

The Finance Ministry said on Monday that about 250 representatives from 21 Asia-Pacific Economic Cooperation (Apec) economies and other international organisations are expected to attend the meeting of finance ministers of the group’s members in Bangkok on October 19-20.

Fiscal Policy Office​ director general Pornchai Thiraveja, who acts as Finance Ministry spokesman, said that on the opening day of the meeting the ministers from Apec economies would share opinions on the economic situation in the post-Covid-19 era, the positive and negative factors for economic recovery and policies to boost economic growth.

On Thursday, they will discuss the situation, trends and challenges for the Asia Pacific economy, as well as work on Apec policies, he said.

“Representatives from international organisations, such as International Monetary Fund, World Bank Group and Asian Development Bank, will present information related to the Asia Pacific economy during the meeting,” he said.

He said Thailand would promote various issues related to sustainability to Apec members, such as granting access to funds for sustainable development and applying digital technologies to promote the digital economy.

He added that there also would be follow-up on pending issues during the meeting, such as implementation of the Cebu Action Plan, which offers guidelines to support Apec’s financial integration.

Pornchai added that Apec Business Advisory Council’s Executive Dialogues with Apec Finance Ministers also would be held on October 20, which would focus on access to digital finance and cooperation between the government and private sectors.

“The Finance Ministry believes that it would be able to make guidelines to develop a financial ecosystem that meets sustainable development,” he said.

He added that the meeting is an opportunity to stimulate Thailand’s economy and promote the country’s financial policies.

Amazon plans $5-billion investment to boost cloud ecosystem in Thailand

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https://www.nationthailand.com/business/corporate/40021144

Amazon plans $5-billion investment to boost cloud ecosystem in Thailand

Amazon plans $5-billion investment to boost cloud ecosystem in Thailand

TUESDAY, OCTOBER 18, 2022

Nongluck Ajanapanya

Amazon Web Services (AWS), the world’s largest cloud services provider, has announced an ambitious plan to invest more than $5 billion (roughly 190 billion baht) in Thailand over the next 15 years.

Conor McNamara, AWS managing director for ASEAN, stated at a press conference on Tuesday that the investment would cover all aspects of the cloud ecosystem, from local infrastructure to reskilling and upskilling people.

AWS is currently building a data centre in Thailand called Region, according to McNamara. The new AWS Asia Pacific (Bangkok) Region will have three availability zones, joining the existing 87 availability zones spread across 27 geographic regions.

Globally, AWS has announced plans for 24 additional availability zones across eight additional AWS Regions in Australia, Canada, India, Israel, New Zealand, Spain, Switzerland, and Thailand.

Amazon plans $5-billion investment to boost cloud ecosystem in Thailand“The upcoming AWS Region in Thailand will allow developers, startups, and enterprises, as well as government, education, and nonprofit organisations, to run their applications and serve end users from AWS data centres in Thailand, ensuring that customers who want to keep their data in Thailand can do so,” McNamara pointed out.

AWS Asia Pacific (Bangkok) Region will enable organisations to build with AWS technologies such as AI and machine learning, data analytics, and the Internet of Things (IoT), he said.

“With these new tools, AWS is empowering governments to better engage citizens, enterprises to innovate for their next stage of growth, and entrepreneurs to build businesses and compete on a global scale,” McNamara noted.

Amazon plans $5-billion investment to boost cloud ecosystem in ThailandEric Conrad, AWS’ regional managing director for the public sector in ASEAN, explained that now is the time to invest in Thailand’s cloud industry. It is due to the government’s supportive policy and businesses’ strong desire to transition to digital after witnessing cloud’s effectiveness during the pandemic.

“We want to be the first comprehensive cloud service provider in this country and a reliable long-term partner for Thai agencies and entrepreneurs as well as multinational companies interested in conducting business in Thailand and the Asean region,” Conrad said.

 “Thailand’s demand is growing exponentially, and AWS saw this potential.”

AWS intends to introduce AWS Local Zone in Bangkok in addition to Region. This type of AWS infrastructure deployment enables customers to deliver applications that need single-digit millisecond latency to end-users by moving compute, storage, databases, and other select services closer to major population centres, industries, and IT hubs.

Amazon plans $5-billion investment to boost cloud ecosystem in ThailandMeanwhile, AWS continues to invest in Thailand’s developers, students, and the next generation of IT leaders through programmes such as AWS re/Start, AWS Academy, and AWS Educate. These AWS education programmes prepare students from a variety of backgrounds and experiences for careers in the cloud.

McNamara stated that the training course is part of AWA’s goal of creating 30 million skilled workers worldwide. AWS has already trained 700,000 people in the Asean region.

Amazon plans $5-billion investment to boost cloud ecosystem in ThailandHe also promised to expand its AWS Partner Network, which already includes over 100,000 independent software vendors and systems integrators worldwide. This collaboration will assist AWS clients in serving their customers or finding the best solution for small and medium-sized businesses.

Thai Deputy Prime Minister and Energy Minister Supattanapong Punmeechow lauded the AWS investment plan.

He described it as a significant milestone that would bring advanced cloud computing services to more organisations and assist the government in achieving the Thailand 4.0 ambition of creating a digitised, value-based economy.

Narit Therdsteerasukdi, secretary-general of Thailand’s Board of Investment (BOI), said that the BOI is one of AWS’ partners to facilitate the company’s investment in Thailand. He is confident that this latest initiative will help boost Thailand’s global competitiveness while also driving innovation and economic productivity across all industries.

AWS now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence, IoT, mobile, security, hybrid, virtual and augmented reality, media, and application development, deployment, and management from 87 availability zones within 27 geographic regions.

Nongluck Ajanapanya

Nation Group to purchase Nation News for THB293 million

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Nation Group to purchase Nation News for THB293 million

Nation Group to purchase Nation News for THB293 million

TUESDAY, OCTOBER 18, 2022

Nation Group Thailand Plc (NATION) on Monday notified the Stock Exchange of Thailand (SET) that its October 17 board meeting approved a move to purchase 189,997 ordinary shares of Nation News Co Ltd (NN), or 99.99 per cent of the company’s shares, from its parent company, Nation Broadcasting Corporation Plc (NBC).

The total purchase price for the shares is 293.77 million baht.

Nation TV Co Ltd (NTV), a subsidiary of NN, is included in the acquisition.

NBC is in the process of changing its name to King Gen Public Co Ltd.