Tag Archives: The Nation

Krungthai Law is hiring a MANAGING DIRECTOR

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Krungthai Law is hiring a MANAGING DIRECTOR

Krungthai Law is hiring a MANAGING DIRECTOR

MONDAY, OCTOBER 03, 2022

THE NATION

Krungthai Law Co Ltd is inviting applications from suitable candidates for the post of “MANAGING DIRECTOR” to achieve its vision of becoming the No. 1 law firm.

Applications will be accepted until November 1.

Those interested in applying for the position can view details of qualifications and documents for application, as well as download the registration form, self-declaration form and personal data consent form, at www.ktblaw.co.th and submit the aformentioned documents to: hr.center@ktblaw.co.th.

For more information, please contact 02-096-8911 Monday to Friday from 9.00am to 5.00pm
 

Krungthai Law is hiring a MANAGING DIRECTOR

THE NATION

Thailand Grand Prix delivers thrills, spills and THB4bn for Buri Ram

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Thailand Grand Prix delivers thrills, spills and THB4bn for Buri Ram

Thailand Grand Prix delivers thrills, spills and THB4bn for Buri Ram

MONDAY, OCTOBER 03, 2022

THE NATION

A global audience of 800 million watched Portuguese rider Miguel Oliveira win the Thailand MotoGP on Sunday while home fans groaned as Somkiat Chandra slid out of the Moto2 race.

The 2022 Thailand Grand Prix attracted 178,463 spectators to the Buriram International Circuit, with hundreds of millions more watching around the world.

Deputy PM Anutin Charnvirakul kicked things off at the opening ceremony for the 17th race of the 2022 Grand Prix motorcycle racing season.

In a MotoGP race delayed for around an hour by heavy rain, Oliveira took the chequered flag in a time of 41 minutes and 44.503 seconds while two-time Thailand winner Marc Marquez finished fifth.

The Moto2 race was also hit by rain, which forced stewards to reduce the number of laps from 24 to 16.

Thai rider Somkiat started on pole after qualifying fastest on Saturday but slid out on turn four of the second lap while leading the race.

Thai fans gained consolation when the other home rider, Keminth Kubo, scored a surprise ninth place before the red flag was raised and the race was stopped. It was Keminth’s best performance this season.

Italian racer Dennis Foggia won the Moto3 race in a time of 37:52.331s.

The Thailand Grand Prix will be back at the Buriram International Circuit next year as the 18th race on the calendar, from October 27-29, 2023.

Thailand Grand Prix delivers thrills, spills and THB4bn for Buri Ram

THE NATION

Kasemrad hospital to celebrate first anniversary in Laos by holding charity running event

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Kasemrad hospital to celebrate first anniversary in Laos by holding charity running event

Kasemrad hospital to celebrate first anniversary in Laos by holding charity running event

MONDAY, OCTOBER 03, 2022

THE NATION

Kasemrad International Hospital Vientiane will celebrate its first anniversary in Laos by holding a charity running event on November 5 in the Lao capital.

The “Kasem Run: 1st Anniversary Kasemrad” will also have a concert by Thai rock band Bodyslam.

Apart from the concert, the singer Artiwara “Toon” Kongmalai will also run in this event.

Kantaporn Harnphanich, member of the executive committee and chief marketing officer of Bangkok Chain Hospital Pcl, said that the hospital completed a year of operations in Vientiane on August 19 and the hospital wished to give back to poor patients in Laos through proceeds from the running event.

He said that all revenue, after deducting expenses, would be donated to Laos’ Health Ministry. The event will also promote Lao culture and famous tourist destinations to stimulate the local economy and promote tourism.

The race route will start at Kasemrad International Hospital Vientiane and will end at That Luang Lake.

Tickets are being sold in three categories:

Fun Run: 500 baht; no competition, receive a shirt, race bib, and concert access

10km race: 750 baht; competition separated by gender, receive a shirt, race bib, and concert access

The winner will receive a reward of 10,000 baht, second place will receive 7,000 baht, and third place will receive 5,000 baht.

VIP: 1,000 baht; could choose the event, receive a race bib with a beautiful number, VIP shirt, and VIP concert access

Registration is open until October 15 via the website www.race.thai.run/Kasemrun, Kasemrad International Hospital Vientiane, Vientiane Centre, and Parkson Mall.

THE NATION

Totally Head-Turning!

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Totally Head-Turning!

Totally Head-Turning!

MONDAY, OCTOBER 03, 2022

THE NATION

“Honda Race Ambassadors” revealed in stunning Thai contemporary costumes alongside Honda Thai Rider “Kong Somkiat” on the MotoGP Starting Grid

Thai Honda has stunned the world yet again by introducing “Honda Race Ambassadors” sporting a chic and glamorous Thai contemporary look at the MotoGP World Championship race alongside top Thai rider “Kong” Somkiat Chantra, number 35, the first Thai in motorcycle world championship history to have a stand named after him “Chantra Stand”. The image was captured at the Thailand Grand Prix Moto2 2022 at the Chang International Circuit, Buriram Province.

The 17th round of the MotoGP 2022 World Championship, the Thailand Grand Prix 2022, kicked off on Sunday October 2, 2022 on the concept “Thai Style MotoGP” to showcase Thai uniqueness to the world in a live broadcast viewed by more than 800 million motor sports fans in 207 countries around the world. 

Totally Head-Turning!

A highlight on the starting grid was the launch of “ Honda Race Ambassadors” posing beside Thai hero rider “Kong” Somkiat Chantra, who races as number 35 for the Idemitsu Honda Team Asia in front of his home crowd.

Totally Head-Turning!

“Honda Race Ambassadors” appeared in Thai contemporary costumes, inspired by the “Honda Race To The One” concept, with the aim of presenting Thainess through the modern charm of Thai textiles.  The costume’s bodice and sleeves are crafted from Thai double-thread silk in shiny fire-engine red, with modern draping details on the chest and voluminous sleeves adapted from traditional gigot sleeves.

Totally Head-Turning!

The elegantly chic top is perfectly paired with a short Thai silk skirt in shiny silvery pineapple-patterns woven on a red background.  The draped skirt is inspired by the traditional loincloth (chong-kra-baen) wrap with a modern twist.

Totally Head-Turning!

Matching the red, the signature color of Honda, is the silvery “chada” traditional headgear, which adds glamour and grandeur to Honda Ambassadors’ dresses, showcasing the Thai spirit on a global stage during these historic moments. The event was broadcast live to over 800 million viewers in 207 countries across the world.  

Totally Head-Turning!

Thai fans can get updates, cheer on Thai Moto2 rider “Kong” Somkiat Chantra, the first Thai rider in Pole Position in GP history and catch up with other Honda racers on http://www.facebook.com/HondaRacingTeamTH.

#WhatStopsYou #มุ่งไปอย่าให้อะไรมาหยุด #SC35 #Moto2 #RaceToTheDream

THE NATION

KTM’s Oliveira wins rain-affected Thai GP as title race hots up

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KTM's Oliveira wins rain-affected Thai GP as title race hots up

KTM’s Oliveira wins rain-affected Thai GP as title race hots up

MONDAY, OCTOBER 03, 2022

THE NATION

KTM rider Miguel Oliveira held his nerve in rainy conditions to win the Thai Grand Prix in Buriram on Sunday (October 2) as Francesco Bagnaia made up significant ground on world championship leader Fabio Quartararo who finished 17th.

Oliveira crossed the line 0.730 seconds ahead of Ducati duo Jack Miller and Bagnaia at the Chang International Circuit, in a race significantly delayed by rain.
 

“The track was quite tricky in some points, especially in a few straights we had low visibility and aquaplaning, so this was the main issue for me in the beginning, ” said Oliveira, who also showcased his wet-weather skills this season in his victory at the Indonesia MotoGP.

Bagnaia was made to work for his third-placed finish by Pramac Ducati’s Johann Zarco, but held on to reduce Frenchman Quartararo’s lead in the standings from 18 points to two.

Quartararo had a disastrous start to the race, dropping down from fourth on the grid to 17th place on the first lap before ending up outside the points.

KTM's Oliveira wins rain-affected Thai GP as title race hots up

Aprilia Racing’s Aleix Espargaro also regained ground in the overall standings as he reduced the gap between him and Quartararo to 20 points despite finishing 11th after being given a long-lap penalty for a collision with Brad Binder.

Honda’s six-times MotoGP champion Marc Marquez finished fifth, ahead of Enea Bastianini and Maverick Vinales, while Marquez’s brother Alex was eighth.

Pole-sitter Marco Bezzecchi could only manage 16th place after being forced to relinquish his lead early on due to a position drop penalty.

In Moto 2, Italy’s Tony Arbolino was declared the winner after torrential rain caused the race to be shortened. Arbolino had just overtaken Filip Salac for the lead with Aron Canet in third at the end of lap 8 when the race was red-flagged. After two failed attempts to restart, half points were awarded. Championship leader Augusto Fernandez finished seventh.

Dennis Foggia of Italy, who started on pole, took the chequered flag in the Moto 3 race ahead of Ayumu Sasaki and Riccardo Rossi. Foggia is now up to second in the championship standings, 49 points behind Izan Guevara who finished in fifth place.

KTM's Oliveira wins rain-affected Thai GP as title race hots up
KTM's Oliveira wins rain-affected Thai GP as title race hots up

THE NATION

Netizens laud Thailand’s soft power, as Jay Fai cooks up a Thai treat in Italy

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Netizens laud Thailand's soft power, as Jay Fai cooks up a Thai treat in Italy

Netizens laud Thailand’s soft power, as Jay Fai cooks up a Thai treat in Italy

MONDAY, OCTOBER 03, 2022

THE NATION

The chef of Michelin-star Thai restaurant Jay Fai flew to Italy to show Thailand’s soft power on the global stage.

The Facebook Page, “Bangkok I Love You”, on Monday posted a picture of Supinya Junsuta, the owner whose nickname is Jay Fai, a street food icon, cooking crab omelette in Italy.

She demonstrated Thai culinary skills at the restaurant, Ristorante Luce – Villa e Collezione Panza, in Varese, Italy with chef Nutthapol Pavapaiboon.

Meanwhile, netizens praised her for presenting Thai food on the global stage while some were proud that she had also brought braziers to cook.

A netizen said that her crab omelette was likely more delicious than the famous souffle omelette in Mont Saint Michel, France.

Netizens laud Thailand's soft power, as Jay Fai cooks up a Thai treat in Italy

Jay Fai also posted pictures on her Instagram account @jayfaibangkok on Monday with the caption “Italy, you have our love”.

Previously, Supinya had also showed her culinary skills at the Florence Art Week in Florence, Italy in September after she was invited by the Thai Art Initiative.

Netizens laud Thailand's soft power, as Jay Fai cooks up a Thai treat in Italy
Netizens laud Thailand's soft power, as Jay Fai cooks up a Thai treat in Italy

THE NATION

Baht opens stronger but selloffs may make it swing sideways

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Baht opens stronger but selloffs may make it swing sideways

Baht opens stronger but selloffs may make it swing sideways

MONDAY, OCTOBER 03, 2022

THE NATION

The baht opened at 37.83 to the US dollar on Monday, strengthening from Friday’s close of 37.85.

The currency will likely move between 37.70 and 37.95 against the greenback during the day and between 37.50 and 38.30 during the week, Krungthai market strategist Poon Panichpibool predicted.

Poon said the baht may also swing sideways, so he suggested monitoring foreign investments. If foreign investors sell fewer Thai assets, it might slow down the baht’s weakening.

In the short term, Poon estimates the baht’s resistance level will remain at 38.20-38.40 to the dollar, as some exporters and foreign investors may sell the dollar for profits.

He expects the support level to be at 37.50 to the dollar, a level at which importers are waiting to buy the currency.

Poon reckons the dollar’s momentum will slow down and may weaken amid currency intervention in several countries.

However, it may also strengthen if the UK government insists on using its economic stimulus and tax-reducing measures which may pressure the pound and pull it down.

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

He added that investors are waiting for labour information from the US, such as non-farm payrolls, and the UK government’s budget plans.

THE NATION

BOT says no threat to foreign reserve from strengthening dollar

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BOT says no threat to foreign reserve from strengthening dollar

BOT says no threat to foreign reserve from strengthening dollar

SUNDAY, OCTOBER 02, 2022

THE NATION

The Bank of Thailand (BOT) says it is not worried by the falling value of its foreign exchange reserve due to impact from the strengthening dollar.

On Saturday, BOT deputy governor Mathee Supapongse said the central bank had diversified risks by holding many currencies.

“Thailand is still very strong in terms of foreign exchange stability,” he said, adding that this was not a worrisome issue.

He said Thailand had the world’s 12th largest proportion of foreign exchange reserve, higher than the US, European states and many other countries.

The BOT’s reserve of US$240 billion reflected Thailand’s foreign exchange stability and helped to boost confidence among investors, he added.

The baht has plummeted 11.7 per cent to a 16-year low against the dollar this year.

Meanwhile, raising the Thai policy interest rate to 1 per cent had not caused the currency to weaken, Mathee said. He cited South Korea, where the won has weakened more than the baht despite the country’s 2.5 per cent interest rate.

The BOT has hiked the interest rate twice in recent weeks to curb inflation.

Thailand has attracted about 150 billion baht in foreign inflows this year despite the wide difference in Thai and US interest rates. However, foreign investors have also sold about 33 billion baht in Thai bonds.

Mathee said the BOT will continue to monitor currency market volatility to ensure the baht does not weaken against the currencies of regional neighbours and emerging economies.

The baht opened at 37.93 to the US dollar on Friday, strengthening from Thursday’s close of 38.06.

THE NATION

Cryptocurrency ‘winter’ will last two years but now is time to invest, say experts

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Cryptocurrency ‘winter’ will last two years but now is time to invest, say experts

Cryptocurrency ‘winter’ will last two years but now is time to invest, say experts

MONDAY, OCTOBER 03, 2022

Nongluck Ajanapanya

Two digital asset experts forecast that cryptocurrencies’ winter of discontent will last for another two years – but investors should prepare now for the crypto “spring”.

The advice came during a press conference to launch XSpring Digital, a digital-asset trading platform run by XSpring Capital (XPG).

The crypto winter will end in two years when the world economy resumes steady growth and normal inflation levels, predicted Kittitad Benjacharoenpat and Sanjay Popli.

Sanjay, the CEO of Cryptomind Advisory, explained that digital assets are still developing amid rising demand and case-use experiences. He forecast that in five years, the majority of Thais would have at least one e-wallet .

Kittitad, content creator for the “I Learn A Lot” page, noted that the cryptocurrency cycle over the past few years shows steep peaks and falls in value. The asset tends to face two or three years of bear market conditions before rising.

Cryptocurrency ‘winter’ will last two years but now is time to invest, say expertsAlthough the market is in a bearish state, now is a great time to invest in cryptocurrencies before their value rises, Kittitad said. It’s also a good time for market participants to create and grow their ecosystem to prepare for the arrival of the bull market, he added.

Sanjay suggested that people should consider long-term cryptocurrency investment while closely monitoring the economic situation and continuing to educate themselves about digital assets.

“They can anticipate returns in three to four years,” Sanjay said. “Expecting to make money right away is unrealistic. Do your research to find cryptocurrencies with strong fundamentals, and don’t forget to diversify your holdings.”
 

Varangkana Artkarasatapon, president of XSpring Capital, said XSpring Digital will connect investment opportunities in financial markets to investments in digital asset markets, which are becoming more popular among all generations.

She added that XSpring Digital is part of the group’s ecosystem of financial services aimed at providing investors with a “Gateway to Greater Wealth”.

XPG is equipped with four digital asset licences from the Finance Ministry: Cryptocurrency Broker, Broker of Digital Tokens, Cryptocurrency Dealer, and Digital Token Dealer.

Cryptocurrency ‘winter’ will last two years but now is time to invest, say expertsTanasak Krishnasreni, deputy CEO of XSpring Digital, said XD was in a strong position due to its capital strength as a subsidiary of XPG, as well as experienced management team and financial market staff. The platform uses blockchain technology for security and convenience. 

It has also been approved by the Securities and Exchange Commission (SEC) to operate as a digital token offering system provider (ICO Portal) specialising in asset tokenisation and digital token offering.

XD also boasts a strong research team providing analysis of the current digital asset market to aid investors’ decisions.

The platform has gained consistently positive feedback from users during the soft launch, XD said.

Cryptocurrency ‘winter’ will last two years but now is time to invest, say expertsThe company currently trades 23 cryptocurrencies and offers a digital token subscription platform on the primary market.

Tanasak expects XD to rank among the top three players in the digital asset market within three years, thanks to its user-friendly system, skilled and knowledgeable management team, and secure blockchain system.

Nongluck Ajanapanya

Thai, South Korean pharma giants team up to conquer regional beauty, rejuvenation industry

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Thai, South Korean pharma giants team up to conquer regional beauty, rejuvenation industry

Thai, South Korean pharma giants team up to conquer regional beauty, rejuvenation industry

MONDAY, OCTOBER 03, 2022

Nongluck Ajanapanya

Thai pharmaceutical and medical device importer, Aestec Pharma, has joined forces with South Korean pharmaceutical powerhouse Hugel to hold regular seminars to boost the knowledge of aesthetic medical professionals in Thailand.

The move is part of plans to turn Thailand into Southeast Asia’s aesthetic medical hub, Hugel’s chief medical officer and vice president Hyoung Jin Moon said in an exclusive interview.

He said the aim is to provide professional training to Thai doctors and beauty service providers, who can then share their knowledge with their counterparts in neighbouring countries.

The first such seminar, entitled the “Aesthetics Master Class: Harmonise the Shape with Botulinum Toxin type A (BoNT-A)”, was held recently to impart knowledge on the safe application of rejuvenating active ingredients. The event also touched on the “reverse ageing” concept intending to raise the bar for the beauty industry.

Attending the seminar were top dermatologists, especially from South Korea, as well as more than 200 leading Thai doctors who shared their knowledge, insights, techniques and the latest in the beauty enhancement industry.
 

Thai, South Korean pharma giants team up to conquer regional beauty, rejuvenation industryAestec Pharma CEO Kasikit Phuangpinyo expressed confidence in Thailand’s aesthetics industry, saying demand was rising by 5 to 10 per cent per year, even during the Covid-19 pandemic. He added that initially, these academic seminars and workshops for professionals in the Thai aesthetics industry will be held every quarter.

The aim, he said, was to promote new technology and innovations, while also providing reliable information to the public and elevating standards, so medical service providers can give their clients a positive experience in the field of aesthetic medicine. The seminars will also bolster the company’s status as a pioneer in the field of aesthetic medicine.

“Everybody, regardless of age, wants to look good and young. There are many innovations and technologies in rejuvenation and anti-ageing right now,” he said. “It is our responsibility to provide the best solution and cutting-edge technology to Thai consumers.”
 

Hugel’s Moon said the concept of beauty in Thailand and South Korea are quite similar and expects Thailand to serve as a rejuvenation hub in the region.

Thai, South Korean pharma giants team up to conquer regional beauty, rejuvenation industryThailand is already well-known in the region for cosmetic surgery, especially gender reassignment procedures, and beauty enhancement treatments. Thai cosmetics are also starting to earn a name in the international market.

“The expansion of the beauty industry in South Korea and Thailand has similarities. We are everyone’s first thought when it comes to beauty,” he said.

Thai, South Korean pharma giants team up to conquer regional beauty, rejuvenation industry“Obviously, this is due in part to the presence of medical specialists, the adoption of innovations and new techniques suited to Asians, and, last but not least, the availability of products that match international quality standards.

“The objective of this partnership is to provide the most possible value to customers, including both physicians and the general public. Along with the development of products such as Aestox, we plan to expand academic collaboration with many organisations,” Moon added.

Aestox is currently the top-selling wrinkle-reducing agent in both Thailand and South Korea. It is the only Korean brand accredited with international safety and quality standards.

Nongluck Ajanapanya