Category: Business

Bangkok, Stock Exchange Closed this morning at 1,369.98 points, down 1.92 points (-0.14%), trading value approximately 24,974 million baht. In morning trading, the index moved within a narrow range. Made the lowest level 1,366.06 points and the highest 1,375.14 points. Source: Thai News Agency

Bangkok, The Capital Market Development Fund (CMDF) joins with the Stock Exchange of Thailand to launch the campaign 'Money syndromes. Know about wealth problems. Strengthen the investment landscape' supporting the new generation in planning finances and investments for the future. Dr. Phakorn Pidthawatchai, Director and Manager The Stock Exchange of Thailand revealed that the Stock Exchange of Thailand Continuously place importance on promoting knowledge and understanding of financial planning and investment. Last year, we joined with the Capital Market Development Fund (CMDF) and partner agencies under the project "Cooperation - Accepting Counterfeit Investment Frauds" to campaign to educate the public to prevent them from becoming victims of fraudsters from investment scams. and on the agenda of the Stock Exchange Entering our 50th year this year. The Stock Exchange has therefore joined with CMDF to organize a project to promote investment knowledge to the public at large through the Money Syndromes cam paign to create inspiration and give the perspective that investing is not far away and that investing should be started at a young age. to achieve future goals The campaign focuses on communicating to the new generation, Generation Y, who are in their early working years, and Generation Z, which are groups that are increasingly important. The proportion is as high as approximately 80 percent of the group of investors in the stock exchange. Mr. Chakchai Bunyawat, Manager of the Capital Market Development Fund (CMDF), revealed that the CMDF is committed to enhancing knowledge and understanding about the capital market, investment, and capital market development. Especially the new generation, which is considered an important mission of CMDF, which is why it is the source of cooperation with the Stock Exchange. In carrying out the investment knowledge promotion project under the concept 'Things you need to know before investing' through the campaign 'Money Syndromes: Knowing about wealth diseases to strengthen your investment landscape' covers a full range of communications. Focus on communication channels and methods that reach the new generation. Consistent with lifestyles, such as using music or cartoons to convey stories combined with knowledge. This is believed to help change the investment perspective from a complicated matter to a correct understanding. Create a framework for starting financial planning. and prepare for investment to create a sustainable future for the new generation. Source: Thai News Agency

Bangkok, BOI announced approval to promote investment in BBGI Firmbox Bio Company Limited, a joint venture between BBGI and Fermbox Bio from India, in a project to produce enzymes for industry, developed from Lab-Scale. To Commercial-Scale The first large scale in the ASEAN region Help raise the level of the country's BCG upstream industry. Mr. Narit Therdsatheerasak Secretary-General of the Board of Investment (BOI) revealed that the BOI has approved investment promotion for BBGI Firmbox Bio Company Limited, which is a joint venture between BBGI Public Company Limited. ) in Bangchak Group Leader in high value biological products business with Firmbox Bio Company, India who is an expert in synthetic biology (Synbio) and in expanding production capacity to commercial production (Lab-to-launch) to establish a biotechnology factory that uses Precision Fermentation technology to produce Cellulosic Enzyme. For use in industry By expanding the scale from the laboratory and pilot plant level to the commercial lev el. This is considered the first large-scale advanced biotechnology factory in the ASEAN region. With an initial production capacity of 200,000 liters, consisting of two large 100,000 liter fermentation tanks, the company aims to increase the total production capacity to 1 million liters in the next phase, with an initial investment of 440 million baht. Located in Chachoengsao Province and will use most of the raw materials from within the country Cellulosic Enzyme is an enzyme that helps digest and convert cellulose in biomass waste such as wood chips, rice straw, cassava waste and bagasse into glucose. which can be extended to produce a variety of biological products such as bioplastics, biochemicals, bioproteins, biofuel jet fuel (SAF), etc. The company also has plans to expand production to other synthetic biology products (Synbio) for use in the food and health supplement industry. Cosmeceuticals and energy in the next phase as well. In addition, the company has prepared a memorandum of understanding ( MOU) to establish cooperation with the Biotechnology and Genetic Engineering Research Institute. Chulalongkorn University In transferring technology to scale up production in biological processes from the laboratory and pilot plant levels to the commercial level to the institute's researchers as well. 'This decision to invest in setting up an advanced biotechnology factory that is the first large-scale commercial production in ASEAN. It reinforces Thailand's potential in biodiversity. including the readiness of raw materials infrastructure and personnel. This project will help upgrade the upstream industry in biotechnology. Continuing with research to be able to scale up to the industrial level. It also plays an important role in driving the economic model. Bio-Circular-Green or BCG to aim to be a Bio Hub of the ASEAN region,' Mr. Narit said. Source: Thai News Agency

Phetchaburi, Deputy Minister of Commerce leads the Ministry of Commerce executives to visit the herbal business of Innovative Pharma Herb Company Limited, Phetchaburi Province. Admire the herbal business as a model of business for those who love health. Ready to promote Thai wisdom Expand the market both domestically and abroad Invite to join the SME expo and recommend expanding the business by setting up a homestay for health tourists and preparing Fine Dining meals from herbs. Mr. Naphinthorn Srisanpang, Deputy Minister of Commerce Together with the executive team of the Ministry of Commerce consisting of the Department of Business Development Department of Internal Trade Department of Intellectual Property Inspector General, Ministry of Commerce and commerce in Phetchaburi Province Visited the herbal business of Phetchaburi province by Innovative Pharma Herb Company Limited, an entrepreneur in the production of herbal medicines, pharmaceuticals, and cosmetics. Under the brand name Nature Bloom which is run by a family of doctors who are over 300 years old, known as Ban Mor Chon Herbs Phetchaburi Currently, there is Dr. Chatwanit Pluang, a 4th generation pharmacist, and pharmacist Nawan Pluang, a 5th generation pharmacist, who is the successor to treating disease with Thai herbs. He told about business operations. Herbs until now have expanded into the Wellness (health) business and many herbal products. It is also a producer that purchases Thai herbs grown by villagers in Phetchaburi province. Including providing knowledge about various medicine recipes to the villagers. In addition, the project has been initiated. Food is medicine using the concept of 'Create medicine in the rice fields' by inventing substances found in rice and extracting them as food supplements to maintain health. However, from viewing the information about the company's business operations. He would like to admire that he is a business operator with great potential and development in the matter of herbal products. The problem is that entrepreneurs want to ask the Ministry of Commerce to give them promotion. He has assigned Department of Business Development Organize herbal shops in department stores. The Department of Intellectual Property processes patents on a fast track basis in order to get applications considered quickly. As for the Department of Internal Trade Ask entrepreneurs to send a list of herbal products to the department to present to store operators or modern trade department stores for sale. In addition, the international market has been given to the Department of International Trade Promotion by commercial ambassadors abroad to expand the market for Thai herbal products abroad as much as possible. Which the company exports to Japan is considered the most difficult export to pass Japanese standards. The important thing is that we will help publicize it. As for the Ministry of Commerce, there are many departments that take care of developing the potential of entrepreneurs, especially organizing various events like the one I will prepare to organize at the SME Expo. The month of June will be an opportunity for you. Products and businesses have been displayed to those who are interested. However, the Ministry of Commerce will help build on local wisdom that can actually cure disease. It is considered one of the projects of the Ministry of Commerce that is a model. You will grow in the near future. And introducing a Wellness business or health tourism, I consider it a good project. I want homestays to be registered for the villagers. Earn income and increase knowledge for the villagers in accepting tourists to eat herbal and healthy food that the villagers have prepared for them to eat. For example, what I have eaten, such as watermelon and dried fish, I felt very refreshed when I ate it,' concluded Mr. Napinthorn. After that, the group also went to taste Thai food that uses herbs as ingredients in the food at Pa Yan restaurant in Phetchaburi province and presented the Thai SELECT logo to the restaurant to guarantee the excelle nt quality of the food according to food standards. Thai That's right, there's just deliciousness. But there are also beautiful food decorations. The aroma is inviting to eat. Importantly, it benefits from herbs that are ingredients in food. By Aunt Yan Shop Passed the standard evaluation criteria to receive the Thai SELECT symbol in 5 areas: 1) taste and appearance of food 2) quality ingredients and there are at least 70 percent Thai food items. 3) Clean and hygienic. 4) Store atmosphere and decoration. 5) Good quality of service. We also gave a Thai SELECT sign to Krok Daeng Restaurant, Ratchaburi Province, a Thai restaurant on the river with a good atmosphere. that have passed the Thai SELECT standard evaluation criteria, both taste and cooking process standards as well. Currently (information as of May 10, 2024) there are 370 Thai restaurants that have received the Thai SELECT symbol, divided into * Thai SELECT SIGNATURE 18 shops (5%) * Thai SELECT CLASSIC 326 shops (88%) and Thai SELECT UNIQUE 26 shops (7%) etc. Source: Thai News Agency

Phetchaburi, "Pimpattra" sends a delegation to the lower central region 2 to make "Phet Samut Khiri" a city of food. Ms. Pimpatra Wichaikul, Minister of Industry Leading executives at the Ministry of Industry level Visited the lower central provinces 2 (Phetchaburi, Samut Sakhon, Samut Songkhram and Prachuap Khiri Khan provinces) to listen to problems and discuss ways to develop a comprehensive economy from trade, investment, services, tourism and agriculture to sustainable prosperity. With innovation and technology strengthening stability Peace and order at a social cost People are self-reliant and sustainable. With the King's science Balanced and sustainable management of natural resources and the environment and participatory development towards an international creative city with arts and culture funds travel They inspected the vocational training activities of the Department of Industrial Promotion in 4 points as follows: Point 1: Vocational training activities at Rattanarat Bamrung School. Ban Pong D istrict Ratchaburi Province, Point 2, vocational training activities at Ratchaburi Technical College, Mueang District, Ratchaburi Province, Point 3, Phetchaburi Vocational College, Mueang District, Phetchaburi Province, and Point 4, inspection of vocational training activities. of the Department of Industrial Promotion at Ban Lat Witthaya School, Ban Lat District, Phetchaburi Province For the government inspection framework has focused on driving sustainable development with the power of the region Toward sustainable career skills This is reflected through 4 points that were visited to inspect vocational training activities. It was found that there was a combination of potential in trade, investment, services, and tourism. and agriculture perfectly Bring technology and innovation to enhance the driving force towards sustainable prosperity. along with creating stability order Let the people be self-reliant without destroying natural resources As for these 2 visits to inspect government affairs in the lower c entral provinces, we also considered proposals from the private sector that would like to be presented to the off-site Cabinet meeting No. 3/2024, which projects according to the proposals of The Joint Public-Private Committee to Solve Economic Problems (GRO.), Lower Central Provinces Group 2, related to the Ministry of Industry, has 2 projects: 1) Project to develop a network of creative cities for groups of provinces. 'Phet Samut Khiri' is a city of food (Gastronomy) and raises the competitiveness level in the industry towards sustainability with innovative technology. 2) Project to promote the production sector that reduces the rate of greenhouse gases by requesting carbon label certification. In addition, there are 3 important projects according to the proposal of the Ministry of Industry, Phetchaburi Province, which are related to the Ministry of Industry, consisting of 1) a project to promote Thai SMEs to have business management with digital technology 2) pushing for a feasibility study in Establishme nt of an innovative food development institute to upgrade the agro-processing industry. (Agro-Industry) and 3) Phetchaburi Province Eco-Industry Promotion and Development Project To conserve, restore and develop natural resources and the environment sustainably. Source: Thai News Agency

Bangkok, Government Savings Bank issues loans to welcome the start of the school term. Ease the burden on parents according to government policy. Covers tuition fees, school uniforms and equipment, fixed interest rate of 0.60% per month, installments for 1 year. Mr. Withai Rattanakorn, Director of the Government Savings Bank, revealed that according to the Ministry of Finance by Mr. Pichai Chunhavajira, Deputy Prime Minister. and Minister of Finance Give policy to the Government Savings Bank to issue measures to help relieve the burden on parents who have to prepare their children during the school term. Student parents may have to spend as much as 3,000 - 9,000 baht/person for purchasing school uniforms. Cost of books and school supplies Including tuition fees and course fees, etc. The bank therefore hastened to issue measures. "People's Bank Loan to welcome the start of the school term" to help reduce the burden of expenses on parents who must prepare to provide educational equipment for their children. Cost of uniforms, tuition fees, etc. during the semester The low interest rate is fixed at 0.60 percent per month. The maximum loan amount is not more than 10,000 baht per loan. The installment period is not more than 1 year (12 installments) or can be calculated as an estimated installment payment of 894 baht per month (including principal and interest). Borrow without collateral and there is no guarantor Those interested can apply for a People's Bank loan to welcome the new semester at any Government Savings Bank branch. From 15 May - 31 July 2024. Source: Thai News Agency

Bangkok,, Deputy Transport Minister reveals BMTA plan to speed up the procurement of 3,300 electric buses, flagging the first phase of renting 350 cars, expecting to receive the buses this November, solving the problem of passengers waiting for long periods of time for buses. Increase convenience for service users Mrs. Monporn Charoensri, Deputy Minister of Transport, revealed that the Bangkok Mass Transit Authority (BMTA) has now begun procuring clean energy air-conditioned buses. In order to improve the quality of bus service Phase 1 will rent an additional 350 cars, which will be received in November 2024, while Phase 2 will rent 1,520 EV cars, ready to receive cars in April 2025, so there will be a number of new cars arriving. A total of 1,870 vehicles will be used to replace the old buses with diesel engines. and have a lifespan of more than 30 years. As for the third phase, clean energy vehicles will be procured according to 1,520 vehicles of the Joint Investment Act (PPP) are currently in the proces s of being submitted to the board for funding. To hire a consultant to prepare a preliminary PPP study report, it is expected that PPP co-investors will be sought and ready to gradually receive vehicles from the end of 2028 onwards. In all three phases, there are a total of 3,390 buses. The plan to procure more buses requires that there be enough buses to provide service. Because people tend to use the service continuously. At the same time, passengers will no longer have to wait for a long time for their car. Mrs. Monporn said that she has ordered the BMTA to develop in every aspect, both in process and concretely completed. In accordance with the assigned policy, the BMTA has reported 12 outstanding projects, including 1. Procurement of 3,390 buses. 2. Pushing forward the plan to drive the business of the mass transit organization. 3. Nai Tha Leu Fort development project 4. Medical expenses welfare project Employees do not need to reserve cash. to pay for medical care 5. Project to rent 51 electric train s for office use. 6. Project to hire consultants to operate in accordance with Personal Data Protection Act 2019 7. Project to install a GPS system to track bus locations. 8. Project to install CCTV cameras in buses. 9. Project to increase efficiency in bus management at BMTA, etc. Source: Thai News Agency

Bangkok, The Prime Minister is preparing to open SUBCON Thailand 2024 on 15 May, aiming to match more than 9,000 business pairs, creating a value of more than 20 billion, aiming to bring Thailand to a world-class industrial center. Ms. Kanika Aunjit, Deputy Spokesperson of the Prime Minister's Office, revealed that the Prime Minister aims to develop Thailand into a world-class industrial city center. Driving the Thai economy towards a sustainable future. On May 15, 2024, the Prime Minister joins in opening the international industrial parts exhibition "SUBCON Thailand 2024" which is a collaboration between the Board of Investment (BOI) and the Thai Industrial Promotion Association. Subcontracting Thai production (Thai Subcon) and Informa Markets Thailand SUBCON Thailand 2024 is organized under the concept of 'The Global Sourcing Excellence' to promote its potential as the largest center for purchasing and subcontracting the production of industrial parts in the ASEAN region. It brings together manufacturer s and buyers of industrial parts both domestically and abroad in one event. It is considered an important meeting point for purchasing parts in a variety of industries. There will be important activities at the event where the BOI will bring 7 major EV car manufacturers that have invested in Thailand, namely BYD, MG, Great Wall Motor, Neta, Changan, GAC Aion and Chery, to present the direction of the EV industry, including organizing plans. Purchase parts domestically To help create business opportunities for domestic parts manufacturers, especially Thai SMEs, to enter the EV industry supply chain, along with elevating Thailand to become a leading electric vehicle production center in the world. 'This year's SUBCON Thailand 2024 gives Thai entrepreneurs the opportunity to negotiate business with electric vehicle manufacturers from more than 7 different brands, hoping to create business matching between Thai parts entrepreneurs and large companies from both domestic and international markets. abroad The targe t is 9,000 pairs. It is expected that there will be more than 47,000 people attending the event, creating a connected value of more than 20 billion baht," Ms. Kanika said. The government invites you to attend Subcon Thailand 2024 (SUBCON THAILAND 2024) from 15 - 18 May 2024 at the BITEC Bangna Exhibition and Convention Center, Bangkok, where you will experience the industrial parts procurement stage. and international business matching With a special seminar Supply chain development plan Policy for purchasing parts of leading companies in Thailand Including a special technology exhibition zone To strengthen Thai industry. Source: Thai News Agency

Bangkok, Debt Clinic by SAM' closes Q1 beautifully, encouraging Thai people to join together to help the nation reduce household debt. Driving the number of applications in the first quarter to surge. Emphasizing in response to government policy to help debtors, maintain low interest rates of 3-5%, installments up to 10 years, confident that by the end of 2024 the target will be surpassed by 55,000 accounts. Ms. Nartnaree Rattapat, Managing Director of Sukhumvit Asset Management Co., Ltd. (BAMC) or SAM, revealed that the first quarter performance of 2024 of the "Debt Clinic Project by SAM" was satisfactory compared to the previous period. same as last year It was found that there were as many as 20,267 people who submitted applications to join the project. or an increase of 43 percent. The number of people who passed the qualifications and are awaiting verification documents totaled 14,311, or an increase of 58 percent compared to the previous period. same as last year In the first quarter of 2024, there w ere 7,145 people or 19,757 accounts who gradually signed debt restructuring contracts, an increase of 2.3 times, representing a total principal debt of 1,616 million baht. Currently, the 'Debt Clinic Project by SAM' has approximately 46,720 customers under debt restructuring contracts under management, accounting for 129,950 accounts, with a total debt burden of 9,460 million baht of outstanding principal, with an average of 202,440 baht of outstanding principal per contract. The debt burden of most project participants is in the range of 50,000 - 200,000 baht and belongs to Gen Y and Gen 2,470 baht with an average repayment period of 92 months. In addition, the "Debt Clinic Project by SAM" found that the proportion of debtors who participated in the project before they had yet been prosecuted increased. It is expected that the problem of personal debt is starting to affect people's lives and is a close issue. Therefore, they want to solve the debt problem faster. Including cooperation from many sectors tha t help create awareness and understanding about the debt clinic project. As a result, people are becoming more aware and interested in resolving debt problems through debt restructuring. "The success of The said 'Debt Clinic Project by SAM' is the result of cooperation between the Bank of Thailand (BoT) and various financial institutions. There are more than 32 participating places in the project to adjust the new qualification criteria for customers with bad debt status (NPL), credit cards, cash cards and unsecured personal loans. Overdue for more than 120 days (according to the credit bureau report in the current month, the status is overdue from 121-150 days or more) to be able to join the debt clinic project immediately. Effective from May 1, 2023, from the past having to specify the period of bad debt in each period, resulting in the "Debt Clinic Project by SAM" being able to help those who are in bad debt. and those who want to solve bad debt problems more quickly Including installment payment conditio ns and low interest rates. Including a long repayment period of up to 10 years, making solving debt problems more feasible. Meanwhile, people themselves are becoming more aware and turning to paying more attention to solving their own debts. It is considered that these factors are an important part that helps promote the resolution of Thai people's household debt problem quickly and results in an increase in the number of people interested in applying to join the project. By 2024, it is expected that the number of customers will increase. Debt structure with the project Not less than 55,000 accounts However, since the 'Debt Clinic Project by SAM' began operations in June 2017 to March 31, 2024, it has helped Thai people and many lives in each household get rid of debt. able to stand up Returning to continue living life and business There are 2,047 customers or 5,037 accounts, representing a total of 288 million baht in principal debt according to the contract, or 3.35 percent of which the majority of custome rs were able to complete their installment payments before the deadline. Promise time This is SAM's main policy in giving opportunities to customers. Summary of the amount of money received from customers in the 'Debt Clinic Project by SAM' throughout the 7 years since the start of operations. The total amount is as high as 2,700 million baht. It is considered that the "Debt Clinic Project by SAM" is one of the important tools for resolving household debt problems and reducing the amount of bad debt in the financial institution system in the country. Including helping, rehabilitating, and caring for Thai people with debt problems to get back on their feet firmly. Get strong as soon as possible which is part of driving the overall economy of the country It is unfortunate that there are still some customers who have to leave the project before the contract period expires. Due to default on debt payment, therefore "Debt Clinic Project by SAM" would like to inform customers that If you find yourself starting to have problems paying installments and it is likely that they will not be able to comply with the conditions of the project, please quickly contact the project to find an appropriate solution. 'Debt Clinic Project by SAM' provides assistance to debtors with bad credit card debt. Cash cards and unsecured personal loans There is overdue debt for more than 120 days with a lenient interest rate of only 3-5 percent per year and a maximum repayment period of up to 10 years. There are 3 debt restructuring options: 1. Installments not exceeding 4 years, interest rate 3 percent per year 2. Installments for more than 4 years, not more than 7 years, interest rate 4 percent per year 3. Installments for more than 7 years, not more than 10 years, interest rate 5 percent per year, with qualifications of the applicant. That is, being a natural person with income Not more than 70 years of age with total debt not exceeding 2 million baht 'Debt Clinic Project by SAM' is open every day from 9:00 a.m. - 7:00 p.m. on the 4th floo r of The Avenue Ratchayothin Shopping Center (Glass Elevator Zone), Phahon Yothin Road, Chatuchak District, Bangkok (BTS Ratchayothin Station). Or apply to join the project through online channels, including the website www.debtclinic.com or add Line @debtclinicbysam and Facebook Debt Clinic by SAM or contact for details at Call Center 1443 . Source: Thai News Agency

Bangkok, SET closed today at 1,372.50 points, an increase of 0.60 points (+0.04%), trading value 45,517.11 million baht. Stock trading today The index fluctuates sideways in both positive and negative territory. By making the lowest point of 1,366.06 points, making the highest point at 1,375.14 points. As for securities, changes today increased by 232 securities, decreased by 264 securities, and remained unchanged in 163 securities. Source: Thai News Agency