Pitching a piece of the local EV market
The second is Global X Lithium & Battery Tech ETF (LIT), which invests in the stocks of lithium-ion battery manufacturers. Narongsak Plodmechai, chief executive of SCB Asset Management (SCBAM), said China will account for nearly 50% of global EV sales by 2025. China is already the world's largest EV market with about 1.4 million EVs sold in the country in 2020, accounting for more than 40% of global EV sales. Beijing has extended the country's subsidy programme for clean energy vehicles until 2022. The major obstacle is EVs' battery storage capacity and the inadequate number of charging stations.
Source:Bangkok Post
April 25, 2022 09:42 UTC
Development of Thai hemp industry can be expedited and thriving
Thailand has all it takes to evolve into Asia's leading hemp centre to tap into the US$15.8 billion in global hemp-related businesses estimated over the next five years. At least five nascent supply chains are being spurred by the hemp and cannabis legalisation in Thailand, namely, beverages, food, medicines and supplements, apparel, and personal care products. The plant also presents the kingdom with a significant opportunity to add new impetus to its medical tourism drive, with foreigners and locals seeking out affordable, hemp-cannabis related healthcare treatments. For that reason, the Global Hemp Innovation Collaboration Centre has been established in Thailand to help guiding the country towards achieving that aspiration. More specifically, the centre's mission is to bring science-based know how and experience from abroad to spur short-cut and fast-track development in Thailand, explained Dr. Aimon Kopera, founder and CEO of the US-based Geneomics Global.
Source:The Nation Bangkok
April 25, 2022 09:28 UTC
Wimbledon's Russia ban faces battle of wills
Wimbledon's Russia ban faces battle of willsThe Wimbledon logo on a water feature at the All England ClubPARIS: WTA president Steve Simon warned Wimbledon that they face "strong reactions" to their decision to ban Russian and Belarusian players and the week ahead could see more twists in the controversy which has split tennis. As the Grand Slam tournaments are autonomous, possible sanctions by the ATP and the WTA could include a refusal to award ranking points at the June 27-July 10 Grand Slam tournament. "It's a measure which it seems applies only to tennis players -- other professionals of Russian and Belarusian nationality are able to continue their professional activity on English soil," she said. The ATP and WTA have already described the ban as "unfair" and "very disappointing". Some Ukraine players have not been convinced by opposition to the Wimbledon ban.
Source:Bangkok Post
April 25, 2022 05:52 UTC
Somkid hat in ring for PM
Somkid: Mounting a comebackFormer deputy prime minister Somkid Jatusripitak has accepted an invitation to serve as a prime ministerial candidate of the newly established Sang Anakhot Thai Party (Building Thailand's Future). Party secretary-general Sontirat Sontijirawong said on Sunday Mr Somkid is willing to be the candidate after he was approached for the role. Mr Somkid, who was deputy prime minister at the time, also stepped down from the government, citing health problems. Mr Stithorn said Mr Somkid has established himself as a scholar well-versed in economics and also a well-connected figure with a great deal of clout. "The type of politician like Mr Somkid is rare,'' Mr Stithorn said.
Source:Bangkok Post
April 25, 2022 05:15 UTC
Almost 5.2 million Ukrainians flee war: UN
Almost 5.2 million Ukrainians flee war: UNThe latest figures come as Ukrainians mark Orthodox Easter Sunday in wartime. GENEVA: The number of Ukrainians who have fled the country since Russia's invasion two months ago is approaching 5.2 million, the UN refugee agency said Sunday. More than 1,151,000 Ukrainians have left during April so far, compared with 3.4 million in the month of March alone. Before the war, Poland was home to around 1.5 million Ukrainians, chiefly migrant workers. A total of 433,214 Ukrainians have crossed into the non-EU state, one of the poorest in Europe.
Source:Bangkok Post
April 24, 2022 22:12 UTC
AIS sends cyber police off on hunt for over 1,000 call-centre scammers
“AIS customers can call the AIS Spam Report Centre for free, and thanks to calls received so far, we have learned that more than 1,000 phone numbers belong to gangsters,” said Pratthana Leelapanang, chief of the AIS consumer business department. He said once AIS detects suspicious phone numbers, the AIS Spam Report Centre then informs the owner of the number that their service is either being blocked or suspended. This action is only applicable to AIS subscribers. The numbers are then reported to the Cyber Crime Investigation Bureau, which investigates each case before arresting alleged scammers, he said.
Source:The Nation Bangkok
April 24, 2022 22:07 UTC
Discounts on 2m room nights under new phase of ‘We Travel Together’
The accommodation subsidies will be funded by money left over from the fourth phase topped up by a new budget. The proposal will be discussed with Tourism and Sports Minister Phiphat Ratchakitprakarn before being handed to the Centre for Covid-19 Situation Administration for consideration, he said. TAT also asked Phiphat to extend the “Tour Tiew Thai” co-payment scheme until September as more than 130,000 discounts on tourism packages are still available.
Source:The Nation Bangkok
April 24, 2022 05:37 UTC
Bayern Munich win 10th straight league title after beating Dortmund
Bayern was desperate to seal the title -- their only silverware of the season -- in the league's big game in front of a 75,000-strong home crowd to make up for their Champions League quarter-final shock exit to Villarreal earlier this month. They took their first chance through Gnabry, who controlled the ball at the edge of the box with one touch and released a fierce volley past keeper Marwin Hitz, left frozen on the spot. Gnabry put the ball in the net again at the half-hour mark but his effort was ruled offside. League top scorer Lewandowski did better in the 34th when Gnabry gained possession and Thomas Mueller, who became the first player to win 11 Bundesliga titles, fed the Pole who slotted in through the legs of Hitz for his 33rd league goal.
Source:The Nation Bangkok
April 24, 2022 04:07 UTC
Asian Games in China 'going ahead'
Chinese officials say the event will feature the same kind of ultra-strict Covid protocols used at the Beijing Winter Olympics. (AFP Photo)The 2022 Asian Games in China will go ahead, the Olympic Council of Malaysia said on Saturday, denying claims that the event faced the possibility of being postponed. However, Olympic Council of Malaysia president Norza Zakaria disputed that. “The Asian Games 2022 in China is going ahead,” he told AFP on Saturday. Hangzhou is scheduled to hold the Games from Sept 10-25, becoming the third Chinese host after Beijing in 1990 and Guangzhou in 2010.
Source:Bangkok Post
April 24, 2022 01:49 UTC
AJE to use Thailand as regional hub
AJE to use Thailand as regional hubMr Mosquera introduces D'Gussto, a premium canned saba fish in tomato sauce, which launched in the Thai market yesterday. AJE, the producer of Big carbonated drinks, is poised to expand nationally and regionally into new consumer product categories, using Thailand as its Asean hub of operations. "Thailand is our first country to try sales of premium saba canned fish in tomato sauce," said Mr Mosquera. He said Thailand's canned fish market has the opportunity for further growth because its price is competitive. He said Thailand serves as AJE's hub for Asean because of its strategic location and extensive distribution network.
Source:Bangkok Post
April 23, 2022 15:40 UTC
Denial and fatalism in face of Russian onslaught
Residents of small Donbas town trying to hang on but fear for the worstIn Lysychansk, only a single small market remains functional, with residents gathering every morning to procure supplies. (AFP Photo)SEVERODONETSK, Ukraine: After two months of sustained Russian artillery fire, the hamlet of Lysychansk, located just 14 kilometres from Russian ground forces, has turned into a ghost town. Only a small sheltered market in the centre of town is still operating, providing food and other supplies. One of those taking refuge here is Yuliana Alekseena, 81, who came from a nearby town that is now occupied by Russian forces. "My house was bombed and burned down," said the elderly woman, whose hand was wrapped in a bandage.
Source:Bangkok Post
April 23, 2022 14:38 UTC
Thailand to 'fully re-open'
He also said the government will consider the possibility of the "Two Countries, One Destination" tourism project to promote tourism between Thailand and other countries. With the easing of travel regulations, he confirmed that Thailand will fully reopen to foreign visitors from May 1. Vaccinated travellers must register for entry via Thailand Pass and present proof of vaccination. For arrivals by land, foreign visitors who intend to stay no longer than three days must be fully vaccinated and pass self-antigen tests. For visitors who intend to stay longer, fully vaccinated travellers will not be quarantined if they pass antigen tests, while those who are unvaccinated would be quarantined for five days.
Source:Bangkok Post
April 23, 2022 12:06 UTC
PPRP skips by-election as no Kraikupt eligible after Pareena ban
PPRP’s secretary-general Santi Promphat said the party wanted the Kraikupt family to maintain its hold in Ratchaburi, and since getting one of them to run this time was not possible, it would skip this by-election. Candidates for the May 21 Ratchaburi Constituency 3 by-election have until Monday to register. As for the next general election, Santi said PPRP was not worried about losing its influence in the province because Pareena’s father Tawee Kraikupt has been a Ratchaburi MP seven times, while Pareena has held the post four times. He said the Kraikupt family has worked hard for the benefit of their constituents. He added that the party sympathised with Pareena.
Source:The Nation Bangkok
April 23, 2022 09:05 UTC
End of diesel subsidy will not affect public bus fares: authorities
“The department will find other measures to help reduce the operational costs to ensure public transport operators can continue providing services after next month,” department director-general Jirut Wisanjit said on Friday. He added that so far no bus operators have contacted the department to discuss the lifting of the 30-baht price cap on diesel. “Operators can file an appeal to adjust their fares at the Central Land Transport Control Committee. “Most importantly, factors that warrant raising public transport fares could come from many aspects apart from the cost of fuel,” he added. Bus companies running regular public transport routes cannot raise their fares without approval from the Central Land Transport Control Committee.
Source:The Nation Bangkok
April 23, 2022 05:13 UTC
Longer drinking hours at eateries as Covid controls ease
Longer drinking hours at eateries as Covid controls easeTourists relax in front of an eatery on Khao San Road, Bangkok, during Songkran last week. The number of yellow zones would then rise from 47 provinces to 65 provinces. The 10 other tourism pilot provinces are Bangkok, Krabi, Kanchanaburi, Chon Buri, Chiang Mai, Nonthaburi, Pathum Thani, Phangnga, Phetchaburi and Phuket. Other provinces will be yellow zones from May 1 on. Yellow zones limit the number of participants in an activity at 1,000 while blue zones have no restrictions for business and activities.
Source:Bangkok Post
April 22, 2022 21:44 UTC