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  • Thailand to further ease COVID-19 restrictions
    The Cabinet approved to ease the level of control over the country under the COVID-19 situation including relaxing businesses and activities in 4 areas.

    The Cabinet approved to ease the level of control over the country under the COVID-19 situation including relaxing businesses and activities in 4 areas.

    Strict control zone (Red) : Samut Sakhon , markets can reopen, with customers limited and keep social distancing; restaurants, closing at 9pm without alcohol; department stores, closing at 9pm; Schools, only online-learning, gym remains closed

    Control zone (Orange): Bangkok, Samut Prakan, Samut Songkhram, Nonthaburi, Nakhon Pathom / Pathum Thani, Tak, and Ratchaburi; Restaurant must close before 11PM, dining and drinking alcohol are permitted ; Entertainment venue, drinking and live performance without dancing are allowed before closing at 11PM ; Department Stores, open as scheduled, restrict the number of customers and no commercial event ;Schools and tutoring institutions, normal studying ;Exercise area, indoor and outdoor, allowed to open normally with restricted number of users, also allowed to hold competitions

    Close surveillance zone (Yellow): Kanchanaburi, Suphan Buri, Ayutthaya, Saraburi, Nakhon Nayok, Chachoengsao, Phetchaburi, Ranong, Chon Buri, Rayong, Chumphon, Songkhla, Yala and Narathiwat. Using as same restriction as Orange zone but the restaurant and entertainment venue can be opening until midnight

    Surveillance zone (Green) : other provinces. Restaurants can reopen with social distancing. Entertainment places can reopen, alcoholic drinks, music performances . Gym is open, allowed to hold competitions with restricted numbers of viewers

    Meanwhile, Thailand is planned to distribute vaccine nationwide and will start vaccination program this 28 February 2021

    26 February 2021
    National
    https://www.thailand-business-news.com/?p=82879
  • BoI plans more efforts to promote BCG economy
    BANGKOK (NNT) – The Board of Investment (BoI) is working with related agencies to rev up promotion of the bio-, circular and green (BCG) economy to help drive growth over the next 5 years. BoI Secretary-General Duangjai Asawachintachit said the BoI is looking into more business categories for high technology as part of efforts to […]

    BANGKOK (NNT) – The Board of Investment (BoI) is working with related agencies to rev up promotion of the bio-, circular and green (BCG) economy to help drive growth over the next 5 years.

    BoI Secretary-General Duangjai Asawachintachit said the BoI is looking into more business categories for high technology as part of efforts to promote the BCG economy.

    She said the government is focused on developing the bio-economy as Thailand has more than 30 million people working in the farm sector, yet most of them remain in poverty.

    Source link

    26 February 2021
    Economics
    https://www.thailand-business-news.com/economics/82874-boi-plans-more-efforts-to-promote-bcg-economy-2.html
  • ASEAN, Canada, UN Women launch 5-year programme to advance Women, Peace and Security Agenda
    Jakarta/Ottawa/New York, 24 February 2021 – The Association of Southeast Asian Nations (ASEAN), Canada and UN Women jointly launched today a five-year programme to expand and strengthen women’s leadership and participation in conflict prevention, resolution and recovery in South-East Asia. The CAD 8.5 million (US $6.36 million) programme, “Empowering women for sustainable peace: preventing violence […]

    Jakarta/Ottawa/New York, 24 February 2021 – The Association of Southeast Asian Nations (ASEAN), Canada and UN Women jointly launched today a five-year programme to expand and strengthen women’s leadership and participation in conflict prevention, resolution and recovery in South-East Asia.

    The CAD 8.5 million (US $6.36 million) programme, “Empowering women for sustainable peace: preventing violence and promoting social cohesion in ASEAN”, is funded by Global Affairs Canada to support ASEAN and the implementation of the ASEAN-Canada Plan of Action 2021-2025, with the support of UN Women as a lead UN partner.

    “Canada is proud to launch this flagship initiative that uses the women, peace and security approach to promote inclusive and sustainable peace and security in the region, while addressing the systemic gender inequality,” said Diedrah Kelly, Canada’s Ambassador to ASEAN.

    ASEAN has made important strides to advance women, peace and security agenda, including the adoption of the first ‘Joint Statement on Promoting Women, Peace and Security in ASEAN’ in 2017, the launch of the ASEAN Women’s Peace Registry in 2018, and convening the first ASEAN Symposium on Women, Peace and Security in 2019 and the ASEAN Ministerial Dialogue on Strengthening Women’s role for Sustainable Peace and Security in 2020.

    Secretary-General of ASEAN Dato Lim Jock Hoi said, “ASEAN is working concertedly to advance women, peace and security agenda across the three ASEAN Community Pillars as part of our commitment to promote gender equality and the roles of women in the implementation of the ASEAN Comprehensive Recovery Framework.”

    The COVID-19 impact has increased the risks for women and girls in fragile and conflict-affected contexts and this challenges us to re-examine threats to human security. “The pandemic highlights the important linkage between peace, humanitarian and development and the critical need for women’s leadership and participation to ensure effective and comprehensive response, from policy decision-making to peace building and pandemic response,” said Jamshed Kazi, UN Women Representative and Liaison to ASEAN.

    The new programme reflects the commitment of ASEAN and Canada to promote gender equality and to respond to an increasingly widespread calls across the globe for women to be empowered to lead and participate in peace and development.

    ASEAN includes Brunei, Cambodia, Indonesia, Lao People’s Democratic Republic, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam.

    For more information, please contact:
    Montira Narkvichien
    Regional Communications Specialist
    UN Women Asia and the Pacific
    Tel: +66 2 288 1579 | Mobile: +66 81 6688900 | Email: montira.narkvichien@unwomen.org

    Source link

    26 February 2021
    Asean
    https://www.thailand-business-news.com/?p=82855
  • Covid-19 Thailand Situation Report
    COVID-19 situation in Thailand On 15th February, 143 new cases of laboratory-confirmed COVID-19 were announced by the Ministry of Public Health of Thailand bringing the cumulative total number of cases to date to 24,714.Two new deaths were reported today. Of the cases reported in Thailand, 92.6% (22,883) have recovered, 0.3% (82) have died, and 7.1% […]

    COVID-19 situation in Thailand

    • On 15th February, 143 new cases of laboratory-confirmed COVID-19 were announced by the Ministry of Public Health of Thailand bringing the cumulative total number of cases to date to 24,714.Two new deaths were reported today.

    • Of the cases reported in Thailand, 92.6% (22,883) have recovered, 0.3% (82) have died, and 7.1% (1,749) are receiving treatment or are in isolation (1,112 are in conventional hospitals and 637 in field hospitals).

    • The 143 laboratory-confirmed cases reported today include

      • 11 individuals who arrived recently in Thailand and were diagnosed in quarantine facilities.

      • 64 cases detected through the routine surveillance system linked to occupational risk, visiting crowded places or contact with confirmed cases, in Samut Sakhon (27 Thais, 25 Myanmar, 1 Cambodian), Samut Songkhram (1 Thai),
        Nakhon Pathom (8 Thais), and Chonburi (1 Austrian, 1 Chinese).

      • 68 cases identified through active case finding in Bangkok (1), Petchaburi (1), Pathum Thani (50) and Samut Sakhon (16).

    • There is a significant increase in new confirmed cases in several different Provinces – in comparison to previous weeks.

    • During the new wave between 15 December 2020 – 15 February 2021, 20,477 confirmed cases have been reported, of which 5,614 were detected through the routine surveillance system, 13,990 through active case finding, and 873 are individuals who entered Thailand, detected through screening in quarantine. At present, 18,706 have recovered, 1,749 are receiving treatment, and 22 have died.

    • Confirmed cases in the new wave in Thailand have been reported in 63 provinces.

    Read More on Covid-19 Thailand Situation Report

    26 February 2021
    Health
    https://www.thailand-business-news.com/health/82869-covid-19-thailand-situation-report-15-february-2021-en-th.html
  • Market for Alternative Investment (MAI) welcomes reinsurance broker “TQR”
    SET News 11/2021 February 16, 2021 mai welcomes reinsurance broker “TQR” on Feb 17 BANGKOK, February 16, 2021 – The Market for Alternative Investment (mai) will list TQR pcl, a reinsurance broker, on February 17, under the ticker symbol “TQR”. The company has a market capitalization at its initial public offering (IPO) of THB 1.17 […]

    SET News 11/2021

    February 16, 2021

    mai welcomes reinsurance broker “TQR” on Feb 17

    BANGKOK, February 16, 2021 – The Market for Alternative Investment (mai) will
    list TQR pcl, a reinsurance broker, on February 17, under the ticker symbol
    “TQR”. The company has a market capitalization at its initial public offering
    (IPO) of THB 1.17 billion (approx.USD 38.88 million).

    mai President Prapan Charoenprawatt said that TQR would list and start trading
    on mai in the Financials group.

    TQR has engaged in reinsurance brokering business, providing integrated
    reinsurance solutions, including treaty and facultative reinsurance services for
    its cedants. The company is committed to providing the best quality of
    reinsurance arrangements to clients that are cedants, and reinsurers. Moreover,
    the company has jointly analyzed and developed innovative insurance products
    with partners, as well as providing advisory services related to international
    innovative products and adapting them to suit Thailand’s insurance market. TQR
    has two main business groups: traditional reinsurance business, and alternative
    reinsurance business, as well as other income-generating related products, with
    revenue contribution of approximately 60:38:2 respectively. TQR’s proportion of
    revenue by business categories in the first nine months of 2020 stood at
    33:66:1.

    TQR has a registered paid-up capital of THB 115 million, consisting of 170
    million existing common shares and 60 million newly issued shares, with a par
    value of THB 0.50 each. It offered 30 million newly issued shares to general
    public via IPO: 15 million shares to institutional investors; up to 9 million
    shares to the company’s patrons; and up to 6 million shares to TQR’s directors,
    executives, and employees, during February 9 – 11 at THB 5.10 each, for a total
    of THB 306 million. The IPO price was equivalent to price-to-earnings ratio
    (P/E ratio) of 15.8 times. The earnings per share is equal to THB 0.32 each,
    which was calculated from the company’s net profit over the past 12 months (from
    October 1, 2019 to September 30, 2020) totalling THB 74.40 million, divided by
    fully diluted shares. Jay Capital Advisory Limited is its financial advisor and
    Thanachart Securities pcl is the underwriter.

    TQR Chief Executive Officer Chanaphan Piriyaphan said that TQR’s management team
    has specialized knowledge and expertise in insurance industry for many years,
    as well as virtuous relationship with clients and partners. The IPO listing
    will help strengthen the company’s capital base, build reputation and
    recognition among insurance partners both locally and internationally, enhance
    competitive capabilities for sustainable growth. The fund raised will be used to
    invest in the IT system to enhance services of the operational efficiency
    improvement platform, financial model development and reinsurance model
    analysis, and as…

    Read More on Stock Exchange of Thailand (SET)

    26 February 2021
    SET
    https://www.thailand-business-news.com/set/82863-mai-news-mai-welcomes-reinsurance-broker-tqr-on-feb-17.html
  • THAI airways to sell training center building to raise more funding
    THAI airways has been hit hard by limited travel due to the COVID-19 pandemic, which comes as they were entered bankruptcy protection and sit on the verge of liquidation.

    THAI airways is selling its Laksi training center building, in the Bangkhen district of Bangkok, its Nok-Air shares, its Bangkok Aviation Fuel Services (BAFS) shares and Boeing 737- 400 engines, after the bankruptcy court gave the go-ahead to do so.

    THAI airways has been hit hard by limited travel due to the COVID-19 pandemic, which comes as they were entered bankruptcy protection and sit on the verge of liquidation.

    The acting director of THAI airways, Chansin Treenuchagron, said that the funding derived from this sales of assets is for the business operations and investment in projects which can create further income, or to be used as permitted by law.

    Potential buyers can contact THAI airways for the Terms of Reference, or access more details on its website’s “Property for Sale” page.

    The post THAI airways to sell assets to raise more funding first appeared on Thai PBS World : The latest Thai news in English, News Headlines, World News and News Broadcasts in both Thai and English. We bring Thailand to the world.

    Source link

    26 February 2021
    Business
    https://www.thailand-business-news.com/?p=82850
  • Will Covid-19 unleash a new generation of digital nomads?
    – Covid-19 has facilitated the widespread adoption of remote working– Despite travel restrictions, countries are seeking to attract digital nomads– Dubai and Mexico have emerged as key destinations for foreign remote workers– As travel resumes, many anticipate a new wave of roaming digital nomads With Covid-19 facilitating the widespread adoption of remote working practices, some […]

    – Covid-19 has facilitated the widespread adoption of remote working
    – Despite travel restrictions, countries are seeking to attract digital nomads
    – Dubai and Mexico have emerged as key destinations for foreign remote workers
    – As travel resumes, many anticipate a new wave of roaming digital nomads

    With Covid-19 facilitating the widespread adoption of remote working practices, some emerging markets are seeking to attract digital nomads through a series of incentives and special visas.

    Despite border closures and travel restrictions resulting from the virus, various countries are stepping up efforts to incentivise the movement of so-called digital nomads – people who work remotely and relocate relatively freely.

    For example, in October the Dubai government launched its virtual working programme, an initiative that gives foreign professionals the opportunity to move to the emirate and continue to work remotely in their current jobs.

    The one-year programme, launched after Dubai reopened its borders to international tourists in July last year, is designed is attract professionals, entrepreneurs and those working in start-ups.

    Given its strong ICT infrastructure and healthy start-up scene, Dubai has been seen as an increasingly attractive option for digital nomads in recent years, with officials marketing the emirate as a place where people can live and work by the beach.

    As a further incentive, in January officials began offering free vaccines to those on the programme.

    Read More

    26 February 2021
    Ecommerce
    https://www.thailand-business-news.com/economics/82858-will-covid-19-unleash-a-new-generation-of-digital-nomads.html
  • 200,000 doses of COVID-19 vaccine Distributed to 13 Thai provinces
    Health authorities are now expected to give the first injection of this COVID-19 vaccine on 1st March, with a subcommittee now working on the priority system which will determine who gets the vaccine first.

    BANGKOK (NNT) – The first 200,000 doses of COVID-19 vaccine which arrived in Thailand today will be distributed to 13 provinces, with frontline health workers and those at higher risk, being the first to receive the vaccine.

    Following a ceremony to mark the arrival of the first 200,000 COVID-19 vaccines from China’s pharmaceutical company Sinovac today, samples from the shipment will be tested for safety, which is expected to take 4-5 days.

    Health authorities are now expected to give the first injection of this COVID-19 vaccine on 1st March, with a subcommittee now working on the priority system which will determine who gets the vaccine first.

    As of now, frontline health workers are at the top of the “whitelist,” of those receiving vaccination priority, followed by patients with acute and chronic respiratory diseases, chronic obstructive pulmonary disease, difficult to control asthma, cardiovascular diseases, stage 5 or higher chronic kidney disease, stroke patients, cancer patients receiving chemotherapy, persons with diabetes or obesity problems, as well as disease control-related workers with possible exposure to COVID-19 patients.

    Following the safety inspection, the first 200,000 doses of Sinovac’s COVID-19 vaccine will be distributed to 13 provinces, with 70,000 doses going to Samut Sakhon, which has been hit the hardest by the most recent wave of infections.

    99,000 doses from this first batch will be delivered to Bangkok, Pathum Thani, Nonthaburi, Samut Prakan, Tak, Nakhon Pathom, Samut Songkhram, and Ratchaburi, which are now designated ’controlled areas’.

    About 14,700 remaining doses will be sent to provinces with economic and social development significance, namely Chon Buri, Phuket, Surat Thani, and Chiang Mai.

    Information and Source
    Reporter : Tanakorn Sangiam
    Rewriter : Tarin Angskul
    National News Bureau & Public Relations : http://thainews.prd.go.th

    25 February 2021
    Health
    https://www.thailand-business-news.com/?p=82847