Bonds a safer bet in Covid-19 era, advises expert #ศาสตร์เกษตรดินปุ๋ย

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https://www.nationthailand.com/biz-moves/30387849?utm_source=category&utm_medium=internal_referral

Bonds a safer bet in Covid-19 era, advises expert

May 14. 2020
By The Nation

Some stability will return to the capital and bonds markets after central banks worldwide step in to supervise the market, said Kiattisak Preecha-anusorn, assistant vice president for Krungsri Asset Management’s Alternative Investment Department.

“This will help the credit spread of high-yield bonds to rise from 4 per cent to 12 per cent,” he said, adding that the current credit spread for high-yield bonds was between 8 and 9 per cent.

“Hence, we expect investors who hold high-yield bonds to gain more than 20 per cent from interest and price differences,” he added.

Kiattisak said Krungsri Asset Management has also started the Krungsri Diversified Income Fund (KFDIVERSE), which will be up for offer from May 19 to 26.

“This global bond fund will focus on investments in high-yield bonds in emerging markets,” he said. “PIMCO, a global investment management fund, will be responsible for finding returns on investments that are higher than the market, while individual investors can add this fund to their investment portfolio.”

Matthew Livas, senior vice president and credit product strategist at PIMCO, said investing in a global bond fund will help cut down on risks and offer a high return on investment now that global markets have become volatile due to the pandemic.

“We will focus on investment in line with the economy by analysing the worst situation and considering the liquidity of each investment assets to reduce risks and create high return on investment,” he said.

“Currently, PIMCO has created return on investment at 6.3 per cent per year.”

World insurance historical breakthrough: TIP returns premium through TIP COIN #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/biz-moves/30387784?utm_source=category&utm_medium=internal_referral

World insurance historical breakthrough: TIP returns premium through TIP COIN

May 13. 2020
By THE NATION

Dhipaya Insurance agrees to return the premium through TIP COIN, which is an insurance industry historical breakthrough.

Its collaboration between Think Bit Company has prompted “TIP COIN by THINK BIT”, which is a premium returning campaign for customers who had previously purchased COVID-19 Insurance via digital currency, TIP Coin, which is equivalent to 100% payment. The coverage of insurance purchases through regular payment and that purchases through digital currency purchase are identical. The customer can use TIP Coin to buy goods or use as a discount for insurance policies according to the condition immediately, which can be one way to help facilitate customers and reduce their cost. The application can be downloaded and registered today only through Android OS at https://bit.ly/2zZMecj and Play Store. It can be downloaded nationwide by all OS types on May 14 and the registration is due on June 30, 2020.

Dr. Somporn Suebthawilkul, the Managing Director of Dhipaya Insurance Co., Ltd. (TIP) reveals that, according to COVID-19 outbreak; which affects people’s daily life in many aspects including earning, Dhipaya; working together with Think Bit Co., Ltd. (THINK BIT), launches “TIP COIN by THINK BIT”, an application designed for returning the premium to customers purchasing COVID-19 Insurance through the digital currency TIP Coin, which is equivalent to 100% of the premium paid though regular method. The coverage of insurance purchased through digital currency and regular method are the same, which is considered to be insurance industry breakthrough and also a new normal in this coming future. You can just download “TIP COIN by THINK BIT” Application. In the first period, it can be downloaded only through Android OS. For the IOS, the Application can be download from May 14 onwards. After the download, just follow a few simple steps. TIP Coin that you gain has no expiration date. You can find more information at Dhipaya Insurance Facebook Fanpage or 02-113-1818.

Customers can use TIP Coin digital currency in buying several insurance products of Dhipaya according to the Company’s condition or as an exchange for COVID-19 protection Kits, such as, hygienic mask, face shield, alcohol cleaning gel, through TIP COIN by THINK BIT and http://www.tipinsure.comimmediately.

Moreover, customers can earn other privileges from the Application from the promotions which will be arranged regularly, such as use as an exchange for souvenirs or discounts at the shops joining many upcoming lifestyle projects.

“The launch of TIP COIN by THINK BIT represents a good care and gratification for the customers who trust Dhipaya Company Co., Ltd and also a way to alleviate the customers’ cost burden through privileges granted to the customers. It helps customer finish many transactions without leaving home, which in turn reduces risk to get infected with COVID-19 during the current outbreak. Additionally, the Application helps reduce the customers’ transportation cost as well.” Dr. Somporn added.

AirAsia launches contactless payments for essential travel #ศาสตร์เกษตรดินปุ๋ย

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https://www.nationthailand.com/biz-moves/30387775?utm_source=category&utm_medium=internal_referral

AirAsia launches contactless payments for essential travel

May 13. 2020
By THE NATION

AirAsia is rolling out contactless procedures for essential travel including contactless payments at the airport, contactless kiosks, gate checks, as well as features on its mobile app to help ensure a safe and smooth travel experience.

The airline has set up contactless payment options including AliPay and WeChat Pay at Kuala Lumpur airport, and will roll them out at other airports gradually. Other options such as BigPay and Touch N Go will also be available soon.

The contactless kiosks are available at all operating airports across Thailand, Malaysia, Philippines, Indonesia and Japan from today, where guests making their essential travel can print their boarding pass and baggage tag after checking-in online at airasia.com or through the mobile app, ensuring a full contactless check-in process.

Another contactless travel procedure will be the gate check at Kuala Lumpur airport, followed soon by other airports in Malaysia where AirAsia operates. Guests will need to scan their boarding cards themselves.

A feature added to AirAsia’s mobile app later this month will allow guests to scan their passports via the app itself, facilitating a more efficient contactless self check-in process. Other features such as travel visa scanning capabilities will be added in the near future.

“In addition to the existing strict safety measures on-ground, such as social distancing markers and Allstars wearing personal protective equipment, we are pleased to introduce our updated contactless procedures to deliver a more secure, safe, efficient, and contactless experience for our guests across the region,” said AirAsia Group chief operations officer Javed Malik.

“The safety of our guests and Allstars is our utmost priority and these additional enhancements demonstrate our continued commitment to keeping flying safe in the new normal environment for air travel.”

New chief takes the reins at PTT #ศาสตร์เกษตรดินปุ๋ย

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https://www.nationthailand.com/biz-moves/30387766?utm_source=category&utm_medium=internal_referral

New chief takes the reins at PTT

May 13. 2020
Auttapol Rerkpiboon

Auttapol Rerkpiboon
By THE NATION

The new president and chief executive officer of the oil and gas conglomerate PTT, Auttapol Rerkpiboon, officially took office on Wednesday (May 13).

The term of his predecessor Chansin Treenuchagron ended on May 12.

PTT and its subsidiaries posted a consolidated loss of Bt1.554 billion in the first quarter this year against net profit of Bt29.312 billion over the same period last year.

Dtac supports Siriraj Hospital in the “dtac fights back against COVID-19 #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/biz-moves/30387711?utm_source=category&utm_medium=internal_referral

Dtac supports Siriraj Hospital in the “dtac fights back against COVID-19

May 12. 2020
By THE NATION

Staffing resources from dtac helps patients and clinicians stay connected via remote healthcare service Siriraj Connect and avoid COVID-19 infection.

May 12, 2020 – As part of its “dtac fights back against COVID-19” project, dtac is providing in-kind support to Siriraj Hospital by bringing its expertise of customer care to connect clinicians and patients via the “Siriraj Connect” mobile app. dtac’s support includes both staffing resources and connectivity services – SMS, MMS and IVR (Interactive Voice Response) or automated telephony technology – to benefit Siriraj Hospital’s telehealth program to monitor and prevent the spread of COVID-19. In addition, the app alleviates the need for some patients to visit the hospital, benefiting social distancing and supporting medical personnel at a time of stretched resources.

Assoc. Prof. Dr. Visit Vamvanij, Director of Siriraj Hospital, said, “The spread of the COVID-19 pandemic had an immense impact on various sectors, particularly medical and public health services. Providing the usual public health services during the current crisis is a key mission for Siriraj Hospital. This is why we developed “Siriraj Connect”, a telemedicine solution, providing a range of medical services via online consultation to drug delivery by postal service. There are three simple processes – preparation, online consultation, payment and drug delivery. Qualified patients to use Siriraj Telemedicine Service must hold a medical record with chronic symptoms at Siriraj Hospital.”

“The Siriraj Connect application has a range of features including appointment, medical records, referral, payment, drug information and mapping system. Patients are worry-free from coronavirus infections and transmission, particularly for the elderly. People should practice social distancing and stay at home during this unprecedented time,” he added.

Sharad Mehrotra, chief executive officer at Total Access Communication PLC or dtac, said: “dtac strongly believes mobile technology can help us win the fight against COVID-19. Siriraj Hospital’s mobile app can reduce physical contacts at the hospital and limit the spread of the virus. Through our call center and connectivity services, thousands of hospital patients will be encouraged and instructed on using the Siriraj Connect application whenever they want to seek medical advice.”

dtac is now ramping up capacity to ensure Siriraj Hospital patients are both notified of the app’s existence and supported in using it. Using the app, dtac call center agents will help patients connect to medical staff without necessarily having to visit the hospital.

PTT, Egat study on southern LGN facilities in the pipeline #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/biz-moves/30387710?utm_source=category&utm_medium=internal_referral

PTT, Egat study on southern LGN facilities in the pipeline

May 12. 2020
By THE NATION

Oil and gas conglomerate PTT Plc and the Electricity Generating Authority of Thailand (Egat) signed an agreement today (May 12) to conduct a joint study on exploring the opportunity to develop a Liquefied Natural Gas Receiving Facilities project in the South.

The facilities are aimed at ensuring energy security in that region.

PTT chief executive officer Chansin Treenuchagron said both organisations will capitalise on their energy management expertise to develop and ensure the national energy security is in line with the Energy Ministry’s policy.

Top investor backs Mc Group to bounce back after outbreak #ศาสตร์เกษตรดินปุ๋ย

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https://www.nationthailand.com/business/30387709?utm_source=category&utm_medium=internal_referral

Top investor backs Mc Group to bounce back after outbreak

May 12. 2020
Niwet Hemwachirawarakorn

Niwet Hemwachirawarakorn
By The Nation

Prominent investor Niwet Hemwachirawarakorn says he will hold onto his shares in Mc Group for the long term despite its drop in first-quarter earnings, as he believes the clothing giant’s performance will recover once the Covid-19 outbreak subsides.

On Monday (May 11) Mc Group revealed a first-quarter net profit of Bt77.58 million, down 44.04 percent from the Bt138.65-million profit in the same period last year, as revenue sank under the impact of the virus crisis.

“The company’s revenue from sales dropped by 14.3 per cent to Bt744 million, while gross profit dropped by 14.5 per cent to Bt425 million,” a Mc Group official reported.

“Meanwhile, the company’s net profit from July 2019 to March 2020 was Bt368.76 million, dropping from Bt422.40 million in the same period last year.”

Niwet said the Covid-19 situation had not affected his investment direction, as he expected the outbreak to pressure the company’s stock only in the short term.

“I decided to invest in Mc Group shares because the company was able to recover its performance in the past,” he said. “The company also has strong fundamentals, including low debt, high dividends, and status as an industry leader.”

He added that he had not bought more stocks when the index dropped sharply because the price of stocks that interested him had only dropped slightly.

“I decided to monitor the situation because I am not sure that other companies with cheap stock will be able to recover their business after Covid-19 outbreak is resolved,” he said.

“At the moment, I cannot evaluate the stock market direction because the Covid-19 outbreak has caused the economy to drop to a historic low point.”

New possibilities and new horizons: The next decade in APJ #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/30387673?utm_source=category&utm_medium=internal_referral

New possibilities and new horizons: The next decade in APJ

May 11. 2020
Amit Midha

Amit Midha
By Amit Midha
Special to The Nation

Business has always been about new possibilities, whether seizing and creating opportunities, forging new paths, or finding fresh opportunity on well-trodden paths.

What is different about the possibilities ahead of us in Asia Pacific and Japan (APJ) is that they are to be found in a context of new horizons and a new context. Industries and sectors are being created, redefined, or destroyed faster than ever. The criteria for what make a successful business are being redefined. As a result, the opportunities businesses are seeking now are unrecognisable from those they sought a decade ago.

Technology is a driving force behind this change. I have long believed that technology has incredible power for good. This last decade has already delivered tangible examples – whether medical technology, advancing genome research, farming and agriculture, rethinking how entire populations will source food in the future, or in the transformation of how and why we work, creating a new understanding of what it means to work or be employed. The power of technology will see these new horizons and drivers spawn new possibilities that will transform three key areas of business for the region.

Tech leadership means global leadership

APJ has long been a source of innovation in its ability to foster new business models and embrace technologies. Home to more than 60 percent of the global population and predicted to grow to 5.3 billion in 2055, APJ’s power to effect change and emerge as a leader in new technologies is immense. The internet economies in Malaysia, Thailand, Singapore and the Philippines are growing by 20 to 30 percent annually, and 40 percent in Indonesia and Vietnam.

There are specific technologies where the region is already leading. Fifth-generation technology will be a game-changer, with South Korea the first country to launch 5G commercially and Singapore set to follow in its footsteps later this year. In Singapore, Dell Technologies is working with AI Singapore to fund and advance research into applications of artificial intelligence. This research is demonstrating new practical uses of AI, which is advancing deployment of AI on the global stage. Indeed, Singapore and Sydney were recently cited among the top 10 cities best-prepared for AI disruption.

Innovation in emerging technologies is not new for the region. In 2016, REKA, a Malaysian R&D company, was already making strides with autonomous driving. With two passengers in the back seats and no driver, the autonomous car completed a ride from Kuala Lumpur to Malacca. Most recently, Singapore announced its first successful package delivery by drone as part of the country’s push to adopt smart technologies.

Deployments of technology are also advancing fast. The launch of the Asean Smart Cities Network, a collaborative platform where cities from the 10 Asean member states work towards a common goal of smart and sustainable urban development, attests to an openness and acceptance of technology to enable positive change. APJ cities rank highest in global smart or digital city assessments. Globally, cities are looking to learn from the examples and experiences we see in APJ.

Organisations are also taking this approach towards innovation to heart: a recent study found that eight in 10 leaders in APJ believe emerging technologies need to be at the core of their organisation’s transformation. This breeding ground for innovation is also witnessed in the rapid emergence and growth of start-ups – including those on the unicorn and decacorn scale. High-growth technology start-ups from Indonesia alone include e-commerce firm Zilingo and ride-hailing firm Gojek.

Innovation, plus the power of the ecosystem that enables innovation, in APJ will be a global driving force for the next decade and further redefine the boundaries of business.

Innovating sustainably

Many parts of our region are still constrained by environmental degradation and poverty. But many are in a position to drive positive change.

Governments, corporations and citizens across APJ are focusing more and more on sustainable innovation. Governments in APJ, including Thailand and Indonesia, have made advances such as bans on single-use plastics. Governments have an important role to play in bridging the conversations and creating better understanding among their citizens. People expect the same level of commitment from organisations too. Corporates such as Dell Technologies are setting ambitious goals on recycling and the circular economy.

Corporate social responsibility today is a business imperative and an expectation of organisations’ customers and partners. Doing good is as important as doing well. As this intensifies, with organisations being held more accountable and consumer and business awareness increasing, we will see more organisations in APJ incorporate this mindset into every aspect of their business.

I believe this region has a powerful opportunity to use its advantage to contribute to this positive momentum. Its scale and use of technology and innovation sets it apart in terms of finding opportunities to reach new goals and define new horizons.

New horizons for new generations

Tying together much of this change is the next generation that is set to enter the workforce and increase in importance as a spending power. In my work and personal life, I am always curious to learn more about Generation Z, their approach to work and life and the impact they will have on the future of the region, innovation and business. As our future leaders, they will shape our future organisations and society.

We already know some clear facts about this generation. Firstly, they want to work for organisations that are socially or environmentally responsible. Secondly, they want to use technology to do work that can help others or the environment – more so in APJ than anywhere across the world. Businesses and governments need to be cognisant of the fresh demands these citizens will bring, as well as the expectations of organisations that they work for. This decade will see Gen Z wield their power and drive this ethos of working to help others.

These forces combined – the power and ability of the APJ region, its existing credentials in leading innovation, the need for driving change in sustainability, and anticipating the effect of Gen Z as they enter the workforce – will help to define a decade of new horizons. Those horizons may not be in view today, but using the tools at hand to reposition and adapt will enable organisations to seek the new possibilities the future presents.

Amit Midha is president, Asia Pacific & Japan and Global Digital Cities, Dell Technologies.

Ikea set to reopen all stores on May 17 #ศาสตร์เกษตรดินปุ๋ย

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https://www.nationthailand.com/business/30387971?utm_source=category&utm_medium=internal_referral

Ikea set to reopen all stores on May 17

May 16. 2020
By THE NATION

Ikea Thailand has said it would reopen all its stores — in Bangna, Bang Yai and Phuket — on May 17. The reopening is in accordance with the directions issued by the Centre for Covid-19 Situation Administration, Ikea said in a statement on May 16.

Lacia Sherlock, retail manager for Ikea stores in Thailand and the Philippines, said, “As the Covid-19 situation in Thailand is steadily improving, we would like to especially thank the frontline medical teams who have been providing crucial assistance, as well as all Thais for their collective support.

“We are pleased to welcome customers back to our stores and committed to ensuring their safety and well-being together with protecting our co-workers. We are doing our part by making sure that all of the necessary preventive safety, health and hygiene measures are in place in our stores, ensuring that everyone is safe when working and shopping. Our co-workers and customers alike are required to wear masks at all times in stores. All of our restaurants are open for dine-in service, and we will continue with takeaway orders and our new food delivery services.”

Sherlock said that during the store closures, “we introduced new services and ways to improve our customers’ shopping experience. We have introduced remote planning and purchasing with safe social distancing for storage units, PAX wardrobes and Ikea kitchens, and even safe contactless click and collect, delivery, and assembly services”.

Sony says it created world’s first image sensor with built-in AI #ศาสตร์เกษตรดินปุ๋ย

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https://www.nationthailand.com/business/30387863?utm_source=category&utm_medium=internal_referral

Sony says it created world’s first image sensor with built-in AI

May 14. 2020
By Syndication The Washington Post, Bloomberg · Takashi Mochizuki, Vlad Savov

Sony Corp. touted on Thursday the world’s first image sensors with built-in artificial intelligence, promising to make data-gathering tasks much faster and more secure. Calling it the first of its kind, Sony said the technology would give “intelligent vision” to cameras for retail and industrial applications.

The new sensors are akin to tiny self-contained computers, incorporating a logic processor and memory. They are capable of image recognition without generating any images, allowing them to do AI tasks like identifying, analyzing or counting objects without offloading any information to a separate chip. Sony said the method provides increased privacy while also making it possible to do near-instant analysis and object tracking.

Sony joins tech giants like Huawei Technologies and Google that have been building dedicated AI silicon to help accelerate everything from image processing to machine learning. Its latest semiconductors could offer a big boost to augmented reality applications, should the technology be adapted for the smartphone or consumer markets, where the Japanese company is a leader.

The new AI-augmented sensors are capable of capturing a regular 12-megapixel image, 4K video at up to 60 frames per second or neither, providing only metadata about what the sensor has seen. Among the applications suggested by Sony are the counting and tracking of visitors to public spaces, heat and congestion mapping and measuring shopper behavior in retail locations.

Though intended for commercial customers in its present iteration, the technology has promise for consumer applications as well. Without generating any actual images, it can help a personal device such as a smartphone identify objects and users securely. The accelerated object detection would also be an advantage for maintaining sharp focus when filming fast-moving subjects such as sports players or pets.

Sony is the world leader in providing image sensors for smartphones such as Apple Inc.’s iPhone and dedicated photo and video cameras from the likes of Nikon Corp. Its sensor division has been its most reliable growth driver over the past few years, boosted by the proliferation of multi-camera phones. The new products are in line with the company’s long-term goal, as articulated by Chief Executive Officer Kenichiro Yoshida, of expanding the variety of sensing solutions it offers and pursuing more forms of recurring revenue.

Sony said it has already shipped samples of its new sensors to potential customers, who are mostly in the business-to-business segment, including factory automation.