Energy storage systems critical for Thailand in years ahead

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Energy storage systems critical for Thailand in years ahead

Energy storage systems critical for Thailand in years ahead

THURSDAY, SEPTEMBER 22, 2022

THE NATION

Energy storage is important for Thailand’s energy transition, a senior researcher said at a seminar on Thursday.

National Energy Technology Centre’s Energy Storage Technology Research Team leader Pimpa Limthongkul made the remark during the seminar on “Advancement in energy storage systems” at Bangkok International Trade & Exhibition Centre in Bangna district.

The seminar was a part of the event “Solar+Storage Asia 2022” organised by MICE (meetings, incentives, conferences, exhibitions) organiser GAT International.

She said many energy storage technologies exist nowadays, such as pumped hydro, compressed air, flywheel, batteries, solar fuels and hydrogen.

She also pointed out that energy storage can help Thailand in various aspects, such as electricity generation, renewable energy, system operation, and energy transmission and distribution.

“Thailand has a variety of energy storage technologies until 2040,” she said.

Energy storage systems critical for Thailand in years ahead

Meanwhile, Thai Photovoltaic Industries Association chairman Dusit Kruangam expected the sales of solar cells in Thailand to soar due to the clean energy trend.

He made this remark during the seminar “Trends on using solar photovoltaic (PV) and energy storage technologies in Thailand and Asean”.

He said up to 100,000 megawatts of solar cells were installed in many countries worldwide each year, adding that up to 500MW of solar cells would be installed in Thailand next year.

“According to the financial institution’s report, Thailand has installed 1,100MW of solar roofs, accounting for investment value of around 40 billion baht,” he said.

He also expected the sales value of solar cells in Thailand to jump from 10 billion baht in 2023, to 20 billion baht in 2024, and 30 billion baht in 2025.

“The solar cell market in Thailand is really big,” he added.

However, Dusit said solar cell technology is now trending in the commercial sector more than the public sector due to expensive installation costs.

He also pointed out that solar cells have not received a good response among residents as the government has not launched incentives on this technology, and its regulations are very complicated.

“It takes many months for residents to request permission for installing solar cells in their houses,” he said, adding that the government is improving regulations on this issue to make it easier for residents.

He also invited residents to install solar cells in their houses as it can reduce electricity bills for five to six years.

Energy storage systems critical for Thailand in years ahead

Separately, an energy solutions provider, Solar D Corporation, unveiled “Tesla Powerwall”, which it said could be the last missing piece to Thailand’s energy independence.

Tesla Powerwall is a solar storage system that can work in harmony with solar cells and electric vehicle charger, the company’s director, Sumrit Sitthiwaranuwong, said

The solar storage system features a system that can store excess electricity during the daytime and tackle unexpected situations, such as blackouts.

Tesla Powerwall also comes with an application that allows users to check and adjust energy storage in their houses.

“This technology can meet the change in people’s lifestyle effectively,” Sumrit added.

THE NATION

Kaspersky reveals external cybersecurity loopholes in Southeast Asia

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Kaspersky reveals external cybersecurity loopholes in Southeast Asia

Kaspersky reveals external cybersecurity loopholes in Southeast Asia

THURSDAY, SEPTEMBER 22, 2022

Cybercriminals hunt for unpatched software, one-day vulnerabilities, and compromised remote protocols in the region

Cyberattacks can be prevented before an attacker is inside the internal network. Threat monitoring allows organisations to take action and properly neutralise a threat before it can exploit any existing vulnerabilities and affect the target institutions.

Kaspersky unveils the results of its Digital Footprint Intelligence (DFI) report covering the external threats for a selection of countries from the Asia Pacific (APAC) region in 2021, including the six key countries in Southeast Asia (SEA).

The report’s sole purpose is to create awareness about security threats and demonstrate effective approaches to risk mitigation for widespread attacks with high business impact. 


Cybercriminals’ exploitation capabilities
The rapidly growing share of adversaries’ initial access approach is the exploitation of 1-day vulnerabilities. Complicated business processes are forced to leave services on the perimeter, which in turn increases the external attack surface. 

With the help of public sources and specialised search engines, Kaspersky collected information on 390,497 services available from public networks and analysed them for key security issues and vulnerabilities. 

Analysis revealed that in 2021, almost every fifth of the vulnerable services contained more than one vulnerability, thereby increasing the chances of an attacker performing a successful attack.

All industry sectors, analysed in the report, in all countries have issues with the application of security updates for publicly available services.

Government institutions (major personally identifiable information (PII) processors and providers of critical services for citizens) are potential incident-generators by a huge margin.

Singapore has a low number of vulnerabilities and an outstanding low ratio between the number of services and the sum of vulnerabilities in them, while Vietnam, Indonesia, Thailand and Malaysia have the highest ratio among SEA countries

Kaspersky reveals external cybersecurity loopholes in Southeast Asia

Figure 1. Distribution of vulnerable services


In terms of the share of vulnerabilities with publicly available exploits, 3 countries out of TOP-5 are located in Southeast Asia (SEA) – these are Malaysia, Vietnam, and the Philippines.

From Kaspersky’s practice in incident response handled by Global Emergency Response Team (GERT) and CISA advisory adversaries use a well-known list of vulnerabilities to exploit organisation defences.  While researching the security problems of companies from the Apac region, Kaspersky experts observed a number of commonly used vulnerabilities dubbed ProxyShell and ProxyLogon. Exploits for these vulnerabilities are easily available on the Internet, therefore, they can be easily exploited by even a low-skilled attacker.

While ProxyShell is quite common in China and in Vietnam, the countries most affected by ProxyLogon are:
•    In Government bodies – Thailand
•    In Financial – China
•    In Healthcare – Philippines
•    In Industrial – Indonesia

Kaspersky reveals external cybersecurity loopholes in Southeast Asia

ProxyShell is a group of vulnerabilities for Microsoft Exchange servers – CVE-2021-31206, CVE-2021-31207 , CVE-2021-34473, and CVE-2021-34523. ProxyLogon group includes CVE-2021-26855, CVE-2021-26857, CVE-2021-26858, and CVE-2021-27065. The vulnerabilities from both groups enable an actor to bypass authentication and execute code as a privileged user.

The best defence against these vulnerabilities is to keep public-faced systems updated with the latest patches and product versions. Companies should also avoid direct access to Exchange Server from the Internet. Kaspersky products protect against vulnerabilities from both groups – ProxyShell and Proxy-logon. 
Credential brute force attacks 

A great share of attackers’ initial accesses leading to cybersecurity incidents is related to services with remote access or management features. One of the best-known examples is RDP (Remote Desktop Protocol). It is Microsoft’s proprietary protocol that enables a user to connect to another computer through a network of computers running Windows. 

RDP is widely used by both system administrators and less-technical users to control servers and other PCs remotely but this tool is also what intruders exploit to penetrate the target computer that usually houses important corporate resources.

Last year, Kaspersky monitored 16,003 remote access and management services available for exploit. Indonesia, India, Bangladesh, the Philippines, and Vietnam provide the maximum facilities for an attacker to gain remote access.

Government institutions are serving more than 40% of the attack surface for brute force attacks and credential leak reuse.

Kaspersky reveals external cybersecurity loopholes in Southeast Asia

“Clearly, cybercriminals are busy uncovering possible entry points in the region. From hunting for unpatched software, one-day vulnerabilities, and exploitable remote access and management services, malicious actors have a lot of options to infect lucrative industries. In short, a cyberattack is like a ticking bomb. While worrisome, reports such as our Digital Footprint Intelligence can be used as a tool to guide the cybersecurity capacity building of concerned organisations. If you know your weak areas, it’s easier to prioritise,” comments Chris Connell, Managing Director for the Asia Pacific at Kaspersky.

To protect your businesses from such threats, Kaspersky experts also recommend that you:
•    Regulate every major change to the network perimeter hosts, including services or applications launching, exposing new APIs, software installation and updating, network devices configuration and so on. All changes should be reviewed from the perspective of security impact.


•    Develop and implement reliable procedures for identifying, installing, and verifying patches for products and systems.


•    Focus your defence strategy on detecting lateral movements and data exfiltration to the internet. Pay special attention to outgoing traffic to detect cybercriminal connections. Back up data regularly. Make sure you can quickly access it in an emergency.


•    Use solutions like Kaspersky Endpoint Detection and Response and the Kaspersky Managed Detection and Response service, which help to identify and stop the attack in the early stages, before the attackers achieve their goals.


•    Use a reliable endpoint security solution, such as Kaspersky Endpoint Security for Business (KESB) that is powered by exploit prevention, behaviour detection, and a remediation engine that is able to roll back malicious actions. KESB also has self-defence mechanisms that can prevent its removal by cyber criminals.

GE ready to partner Thailand in energy transition

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GE ready to partner Thailand in energy transition

GE ready to partner Thailand in energy transition

THURSDAY, SEPTEMBER 22, 2022

THE NATION

Boston-based General Electric (GE) is ready to support Thailand in all fields related to the energy transition, a senior company executive said.

Amol Mody, president of services at GE Gas Power Asia, said GE has played important role in Asia’s energy industry, including Thailand, for over a century.

He said GE has joint ventures with many government and private agencies in Thailand to meet their needs in development, such as the Electricity Generating Authority of Thailand (Egat) and Gulf Energy Development.

He added that GE provided support on infrastructure and technologies to help Thailand with decarbonisation as well.

“Wind turbines with 400 megawatts generation capacity and gas turbines generating approximately 61 gigawatts were installed in Thailand,” he explained.

GE ready to partner Thailand in energy transition

He added that GE recently announced cooperation with Egat on boosting the efficiency of electricity generation in Bang Pakong to be more eco-friendly and meet consumers’ demand.

Despite challenges in balancing the three areas — ecology, economy and electricity supply — Thailand’s decision to invest in safe, clean and secure carbon-neutral technologies and capabilities for long-term sustainability deserves praise, he said.

He added that Thailand has many options in transition to clean energy, while GE can provide features to help the country on reducing carbon footprint and achieve its net-zero greenhouse gas emissions.

“We are really excited to continue a partnership with countries across Southeast Asia and the rest of the world,” he added.

GE ready to partner Thailand in energy transition

Thailand is going green, with ambitions to achieve carbon neutrality by 2050, and net-zero greenhouse gas emissions by 2065.

THE NATION

Moon mission to help Thailand blast out of middle-income trap

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Moon mission to help Thailand blast out of middle-income trap

Moon mission to help Thailand blast out of middle-income trap

FRIDAY, SEPTEMBER 16, 2022

THE NATION

Thailand must reach for the stars if it wants to escape the gravitational pull of the middle-income trap. That was the message of the National Innovation Agency (NIA) on Friday as it unveiled a launchpad for the country’s fledgling space industry.

The “Space Economy: Lifting Off 2022” start-up incubator will help the Thai government achieve its target of sending a satellite into moon orbit within seven years, said NIA executive director Pun-Arj Chairatana. The incubator will create start-ups to fill gaps in the domestic space industry’s supply chain, forming a platform for Thailand’s moon shot.

“Thailand currently has more than 1,000 space-related businesses with total economic value of more than 30 billion baht and growth of at least 10 per cent annually,” said Pun-Arj, whose agency comes under the Ministry of Higher Education Science Research and Innovation.

Moon mission to help Thailand blast out of middle-income trap

The space business is among Thailand’s new “S curve” industries, which have both economic and social benefits for the country.

“Promoting the development of space-related products and services is an important mechanism to boost growth of the country’s other industries,” the NIA chief said.

Moon mission to help Thailand blast out of middle-income trap

The moon mission “will see Thailand become part of a global space industry worth US$1 trillion and will generate enormous revenue”, he added.

THE NATION

Geopolitical Risk Will Provide CIOs New Leadership Opportunities

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Geopolitical Risk Will Provide CIOs New Leadership Opportunities

Geopolitical Risk Will Provide CIOs New Leadership Opportunities

WEDNESDAY, SEPTEMBER 14, 2022

Technology governance issues emanating from cross-country politics have led to digital geopolitics rapidly becoming an issue that multinational CIOs must step up to lead, according to Gartner, Inc.

Forty – one per cent of Boards of Directors view geopolitical power shifts and turbulence as one of the biggest risks to performance, according to a Gartner survey.

Gartner predicts that by 2026, 70% of multinational enterprises will adjust the countries in which they operate by hedging to reduce their geopolitical exposure.

“Digital geopolitics is now one of the most disruptive trends that CIOs must address, with many now dealing with trade disputes, legislation coming from one country that impacts global operations, and government imposed restrictions on the acquisition and use of digital technology,” said Brian Prentice, VP analyst and Gartner Fellow. “They need to get acquainted with this new reality and prepare for its impact.”

Geopolitics describes the geographic influences on power relationships in international relations. The resulting competition between nations plays out in many areas, including economic, military and society. Due to the increasing importance that digital technology plays in each of these areas, digital geopolitics is emerging as its own unique category of impact.

Gartner says CIOs must play a pivotal role in assessing corporate risk and, if required, rearchitecting digital systems. They will need to manage or exploit four distinct facets of digital geopolitics 

1. Protect digital sovereignty

Digital sovereignty will be a primary source of complex, dynamic and expanding compliance obligations for multinational enterprises.

Governments are primarily addressing it through their legislative and regulatory powers, such as privacy laws like the GDPR, and are increasingly turning to extraterritorial legislation. Companies that deal with the citizens of a jurisdiction are required to comply with its laws, regardless of where the company operates or where the citizens reside.

CIOs must be proactively engaged in ensuring that the IT organization’s operating model and practices reflect current laws and regulations in place.

Their role is to be aware of the legal environment and articulate to other executives how the IT organization supports compliance across the enterprise.

2. Build a local technology industry

The technology industry is of great interest to public policymakers around the world due to its size, fast growth, strategic importance, tax revenue, employment possibilities and lack of requirement for a specific national resource advantage.

Many national governments are investing in developing a home-grown tech sector. For example, the U.S. seeks to address the regional imbalance in global chip production through the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, and the Australian Government’s Digital Economy Strategy 2030 includes building a dynamic and emerging tech sector as a key pillar.

Efforts to establish a domestic technology industry provide CIOs with an opportunity for proactive engagement with governments. They must localize specific initiatives into countries that have the best integration between local expertise and access to government co-innovation support.

3. Achieve necessary military capability

The growing digitalization of national military and security operations will limit the availability of some technologies within various countries. Enterprises and CIOs are impacted by the emerging sphere of cyber warfare, as well as the digitalization of existing warfighting and security technologies.

CIOs can no longer count on the availability of technology used by the enterprise for its operations in any country in which it operates and will likely be faced with restricted and mandated suppliers. To minimize disruptions, they must establish a vendor and technology risk centre of excellence, chartered with a regular assessment of the exposure of key suppliers to evolving government restrictions.

4. Exert direct control over the governance of cyberspace

National competition for control over the governance of cyberspace will impact the operations of multinational enterprises. As digital technology weaves itself through all aspects of society, nations are seeking to ensure that their own technologies reflect and support their core values and their citizens. Governments are increasingly concluding that they need a protected national digital infrastructure.

The machinations by governments for control over cyberspace governance are beyond the influence of CIOs, but they will have profound impacts on a business’s ability to operate internationally. CIOs can advance the executive team’s understanding of the cross-national competition for control over cyberspace and the impacts on their enterprise’s operations by leading an annual cyberspace environmental update briefing.

Tourism sector advised to embrace digital technology

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Tourism sector advised to embrace digital technology

Tourism sector advised to embrace digital technology

THURSDAY, SEPTEMBER 08, 2022

THE NATION

The tourism industry must utilise digital technology widely to increase the opportunity to find additional revenue and more tourists, the Digital Economy and Society Ministry advised at a press conference on Wednesday.

Digital Economy and Society Minister Chaiwut Thanakamanusorn was part of the conference on the “Thailand Travelution 2022” project.

He said the project highlights the important government policy of using digital and modern technology to develop every sector, including tourism.

Digital technology has been used by the tourism industry, Chaiwut said, but tour operators must develop the system to “build trust” to be “more reliable”.

Tourism sector advised to embrace digital technology

The minister said digital technology in the new era will come with better screening, as there will be various platforms to help take care of this.

In the future, it will connect databases among related sectors in operating businesses as the Government Big Data Institute will team up with the Digital Economy Promotion Agency to boost tourism, he pointed out.

“[I] thank all related sectors, including the Tourism Authority of Thailand and the Tourism Council for helping organise this event to develop Thailand’s tourism industry,” Chaiwut added.

Tourism sector advised to embrace digital technology

THE NATION

Apple’s new satellite service for iPhone 14 ‘a big deal’

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Apple's new satellite service for iPhone 14 'a big deal'

Apple’s new satellite service for iPhone 14 ‘a big deal’

THURSDAY, SEPTEMBER 08, 2022

Reuters

Apple Inc introduced new iPhone 14 models capable of using satellites to send emergency messages and an adventure-focused Ultra Watch for sports like diving and triathlons.

The outdoor-focused products will test whether Apple’s relatively affluent customer base will keep spending in the face of rising inflation.
 

Prices of the high-end iPhone 14s are the same as last year’s iPhone 13 models. But Apple dropped its cheapest option, the iPhone mini, meaning the cheapest model now costs $100 more than last year.

The iPhone 14 will start at $799 and the iPhone Plus at $899 and be available for preorder starting Sept. 9. The iPhone Pro will cost $999 and the iPhone Pro Max $1,099 and be available Sept. 16.

“There was a lot of rumors that Apple may be raising their prices because of supply chain issues and inflation and what have you. And one small but pleasant surprise from today was they didn’t. They kept the same prices a as previous years, so I think some people will be relieved,” said Bob O’Donnell of Technalysis Research.

Apple said its satellite SOS will work with emergency responders. It also said that in some situations, users will be able to use its FindMy app to share their location via satellite when they have no other connectivity.

The service will be free for two years with the iPhone 14. Apple did not say what would happen after that period

Shares in Globalstar Inc jumped 20% on Wednesday after the satellite services firm announced it will be the satellite operator for Apple’s emergency SOS service.

Apple will pay for 95% of the approved capital expenditure for the new satellites that would be needed to support the service, but Globalstar said it will still need to raise additional debt to construct and deploy the satellites.

Apple's new satellite service for iPhone 14 'a big deal'

“Well I think the biggest news for me was the release of the satellite service for iPhone 14. There’s been rumors about this honestly for a year and a half. And it wasn’t clear whether they were going to actually do it. But from that opening video where they showed the satellite in the sky, okay, I’m pretty sure it’s going to come today. And sure enough it did,” O’Donnell said.

The stock had gained almost 70% from mid-June to Tuesday’s close, following speculation of working with Apple.

Other companies are working on similar functions. SpaceX founder Elon Musk said last month it is working with T-Mobile to use its Starlink satellites to connect phones directly to the internet.

Apple’s iPhone 14 Plus model will have a larger screen like Apple’s iPhone Pro models but an A15 processor chip like the previous iPhone 13.

The Cupertino, California-based company also showed a trio of new Apple Watches, including a new Watch Ultra model aimed at extreme sports and diving and designed to challenge sportswatch specialists such as Garmin and Polar.

“Obviously the Watch Ultra is expensive, but look it’s not for everybody. There’s very few people that need a device that rugged and that capable, but for people who are divers, it’s a big deal,” O’Donnell said.

The Ultra has a bigger battery to last through events like triathlons and better waterproofing and temperature resistance to operate in outdoor environments, as well as better GPS tracking for sports.

The new Watches include an upgraded budget model called the SE and a Series 8 Watch with crash detection and low-power mode for 36 hours of battery life.

The Series 8 with cellular will start at $499 and the SE will start at $299 with cellular. The Ultra, which includes cellular in its base model, will start at $799 and be available Sept. 23.

Apple's new satellite service for iPhone 14 'a big deal'

Apple said the new Series 8 watch has a temperature sensor that will work in conjunction with its previously released cycle tracking app to retroactively detect ovulation. The company emphasized the privacy approach of its cycle tracking. Privacy and reproductive health data has become a focus for tech companies in the wake of a U.S. Supreme Court decision that ended a constitutional right to abortion in the United States.

Apple said it does not have the key to decrypt health data such as cycle tracking.

Apple also touted that its second-generation AirPods Pro will double the amount of noise cancellation over the original version.

But while accessories like the Apple Watch have driven incremental sales from Apple’s existing user base, the iPhone remains the bedrock of its business with 52.4% of sales in its most recent fiscal year.

Apple’s stock was up 0.8% after the presentation, lagging the S&P 500’s gain of 1.8% for the session.

Reuters

Fenton Whelan announce VIP roadshow to Thailand to showcase their £500m Park Modern Hyde Park development to Southeast Asian clients

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Fenton Whelan announce VIP roadshow to Thailand to showcase their £500m Park Modern Hyde Park development to Southeast Asian clients

Fenton Whelan announce VIP roadshow to Thailand to showcase their £500m Park Modern Hyde Park development to Southeast Asian clients

THURSDAY, OCTOBER 06, 2022

THE NATION

UK real estate developer Fenton Whelan is pleased to announce a special South East Asian roadshow to Thailand, Bangkok, (10th to 12th October 2022) showcasing to VIP clients their £500 million (GDV) Park Modern 18,000 sqm luxury development facing south over Hyde Park and Kensington Palace Gardens in Prime Central London.

The South East Asian roadshow is being led by Mr Lars Christiaanse, Sales & Marketing Director at Fenton Whelan. Appointments will be available from the 10th to the 12th October. 

Park Modern will deliver 57 one to six bedroom residences, including spectacular lateral apartments, three trophy penthouses, mews houses and 2,800 sqm of 5-star hotel style amenities including a concierge, resident’s lounge, signature restaurant and cafe, porte cochère with valet parking, and a wellbeing floor with a 25 metre pool, gym, spa, cinema, and treatment salon.

Fenton Whelan announce VIP roadshow to Thailand to showcase their £500m Park Modern Hyde Park development to Southeast Asian clients

Park Modern provides front row views over Hyde Park and Kensington Palace Gardens. The contemporary design by architect Lee Polisano of PLP Architecture represents Hyde Park’s finest park-side architecture to date. 

Following its launch in the UK more than half of the apartments at Park Modern have already been forward sold off-plan. The phenomenal sales success, a reflection of the quality of the development and its prime location, has made Park Modern Prime Central London’s fastest selling and most successful luxury development in several decades.   

Fenton Whelan announce VIP roadshow to Thailand to showcase their £500m Park Modern Hyde Park development to Southeast Asian clients

Park Modern provides spectacular accommodation on nine floors, offering generous ceiling heights and floor-to-ceiling glazing opening onto private terraces, giving residents a front row view of the park and city skyline. 

Fenton Whelan announce VIP roadshow to Thailand to showcase their £500m Park Modern Hyde Park development to Southeast Asian clients

A resident’s lounge and library compliments the 600 sqm signature restaurant and café. Below ground the wellbeing floor has a 16 sofa seat cinema, a state-of-the-art gym and an adjoining spa and leisure suite with a 25m swimming pool and jacuzzi, bordered by leisure decks with loungers, steam room, sauna, treatment room and salon.

Fenton Whelan announce VIP roadshow to Thailand to showcase their £500m Park Modern Hyde Park development to Southeast Asian clients

Thannicha Chowiwatthana, Manger, International Sales and Marketing at Savills, Thailand says: “Front row on the park, Park Modern is perfect for those looking to enjoy an exceptional quality of life and wellbeing in the heart of Prime Central London.  With a spectacular south facing aspect, Park Modern beautifully harmonises with the surrounding architecture and Hyde Park. The dedicated wellbeing floor gives residents space to retreat, relax and revive. Representing Hyde Park’s finest park-side architecture to date, Park Modern provides the most outstanding luxury apartments in London.”

Lars Christiaanse, Co-Founding Director of Fenton Whelan says: “This transformative, parkside development is a fusion of contemporary design and exceptional specification, Park Modern is a fresh, contemporary approach to the London market. Offering a truly elevated living experience overlooking Hyde Park, Park Modern offers a diverse range of residences with sizes, layouts and features to match every lifestyle- we are excited to be able to showcase this fantastic development to Southeast Asiain clients.”

Prices at Park Modern start from £2,200,000 approx. (THB 91 million). For further information on Park Modern contact Savills Tel: +66 (0) 2636 0300 or visit http://sav.li/parkml

THE NATION

New land appraisal price set to rise by an average 8%

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New land appraisal price set to rise by an average 8%

New land appraisal price set to rise by an average 8%

THURSDAY, SEPTEMBER 29, 2022

THE NATION

The Treasury Department plans to announce a new land appraisal price list for 2023-2026 on January 1 next year.

Department director-general Prapas Kong-ied said the move comes as the economy is recovering from the Covid-19 crisis.

He said the land appraisal price will rise by an average of 8 per cent, adding that the appraisal price in Bangkok is still the highest.

“The new land appraisal price list which will come into effect next year was made two years ago as the announcement had been postponed due to the Covid-19 crisis,” Prapas said.

The department normally announces the new price list every four years.

Prapas said the department’s Property Valuation Division can revise the appraisal price based on changes in landscape, such as new bridges, roads, expressways or train systems.

He said people would have to pay more land tax as the latest appraisal price will be used in new tax calculations.

“It is up to related agencies whether there will be measures to mitigate the public’s expense burden,” he said.

The appraisal price for land nationwide has risen by around 8.9 per cent, with the appraisal price in Bangkok increasing by about 3 per cent and in other provinces by an average of 8 per cent.

The highest appraisal price is 1 million baht per square wah for land on Silom, Ploenchit, Wireless and Rama I roads, followed by 750,000 baht on Sukhumvit Road, 450,000 baht on Ratchadapisek Road, 300,000 baht on Phetchaburi Road and 250,000 baht on Phahonyothin Road.

In other provinces, the highest appraisal prices are in Chonburi, Rayong and Chachoengsao, where the Eastern Economic Corridor is located, especially for land close to high-speed train systems.

THE NATION

Thailand’s cities must be prepared for an uncertain future, says eco-design expert

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Thailand’s cities must be prepared for an uncertain future, says eco-design expert

Thailand’s cities must be prepared for an uncertain future, says eco-design expert

TUESDAY, SEPTEMBER 27, 2022

THE NATION

All future city developments should take into account the uncertain future faced by the planet, Singh Intrachooto, chief of Kasetsart University’s Creative Centre for Eco-design, said on Monday.

He was speaking at the “Sustainability Expo 2022”, which opened at Bangkok’s Queen Sirikit Convention Centre on Monday and will run until Sunday.

Singh said the world’s population is being pressured by many problems like rising fuel prices, flooding, forest fires, poverty and social inequality.

In addition to all that, he said, rising sea levels due to global warming will force more than 200 million people to relocate, while over 400 million humans will face food and water shortages due to drought.

“So what should we do to cope with this extraordinary future?” he asked before unveiling the “Resilience Framework for Future Cities” created by the Magnolia Quality Development Corporation.

Singh is chief adviser to the corporation’s Research and Innovation for Sustainability Centre.

Thailand’s cities must be prepared for an uncertain future, says eco-design expert

He said the framework provides city development guidelines that tackle three uncertainties – nature and environment, living and infrastructure, and society and economy.

“It is not difficult for Thailand to build future cities, but it should be prepared to use existing resources efficiently,” he added.

THE NATION