Vietnam Newswire

Bangkok, Krung Thai Bank invades the foreign money transfer market. In the Middle East, the currency "United Arab Emirates Dirham" - "Qatar Riyal" after piloting money transfer services. Saudi currency Mr. Rawin Bunyanusas, Executive of the Capital Market Money Market Business Department Krung Thai Bank revealed that in order to enhance international transactions. After a good response who used international money transfer services using Saudi Arabian riyals in the past year Therefore, we are opening the service for transferring money abroad into two additional local currencies, consisting of: 1.United Arab Emirates Dirham (AED) to support the free trade agreement between Thailand and the United Arab Emirates. Started last year For Thai products in expanding trade opportunities to the UAE market, it is Thailand's number 6 trading partner with a trade value of 680 billion baht last year. It is considered a group with high purchasing power and must rely on imports of goods from abroad. In addition, the Unite d States The Arab Emirates also has an open investment policy. It is an investment target for foreign investors. 2.Qatari Riyal (QAR) to support trade transactions with Qatar. Last year the value was more than 130 billion baht, especially natural gas and automobiles, including Qatari tourists who like to come to Thailand for medical treatment. In addition, it also supports Thai workers who travel to work in Qatar. and want to send income back to Thailand that tends to grow continuously This international money transfer service is available in the 3 local currencies mentioned above. Helps reduce currency risk Increase convenience, safety, and reach the recipient quickly. with appropriate fee rates Supports both corporate and individual customers. Those interested can learn more at https://krungthai.com/link/middle-east-transfer-pr or Krungthai Contact Center Tel. 02-111-1111. Source: Thai News Agency

Bangkok, The Prime Minister is pleased to attract Indian investors. Set up an advanced biotechnology factory The first large-scale plant in ASEAN, pushing Thailand to be the Bio Hub of the region. Mr. Chai Watcharong, spokesman for the Prime Minister's Office, revealed that the Prime Minister is satisfied with attracting foreign investment. and promote the establishment of production factories using advanced technology and innovation in Thailand. The BOI has approved investments in joint ventures from India. In the field of production and development of biological products with advanced biotechnology. It is the first large-scale commercial advanced biotechnology factory in ASEAN. The Board of Investment (BOI) approved investment promotion for BBGI Firmbox Bio Company Limited to establish a biotechnology factory that uses precision fermentation technology to produce cellulosic enzyme. (Cellulosic Enzyme) for industrial use By expanding the size from laboratory scale (Lab scale) to large commercial scale pro duction, produced with advanced equipment from upstream to downstream, production capacity is 200,000 liters, with the goal of increasing it to 1 million liters in the next period, using money. First stage investment of 440 million baht, factory located in Chachoengsao Province. and will use most of the raw materials from within the country Plan to set up Thailand as the company's bioproduct production base (Bio hub). The said company is a joint venture between BBGI Public Company Limited in the Bangchak Group. Expert in high value biological products business with Firmbox Bio Company, India. which is a leader in synthetic biology (Synthetic Biology: SynBio) and in expanding production capacity to commercial production (Lab-to-launch) The company plans to set up a bioproduct production base (Bio Hub) in the EEC, focusing on investing in new industries (New S-Curve) in the development of agricultural industries and biotechnology. "Prime Minister Encourage the establishment of advanced biotechnology factories . to produce the first large-scale commercial production in ASEAN It also reflects the potential of Thailand that is ready in terms of infrastructure, personnel, and biological raw materials. The goal is to use most raw materials from within the country. It will distribute income to our Thai brothers and sisters in the agricultural and biotechnology industries,' Mr. Chai said. Source: Thai News Agency

Bangkok, The Prime Minister is pleased to attract Indian investors. Set up an advanced biotechnology factory The first large-scale plant in ASEAN, pushing Thailand to be the Bio Hub of the region. Mr. Chai Watcharong, spokesman for the Prime Minister's Office, revealed that the Prime Minister is satisfied with attracting foreign investment. and promote the establishment of production factories using advanced technology and innovation in Thailand. The BOI has approved investments in joint ventures from India. In the field of production and development of biological products with advanced biotechnology. It is the first large-scale commercial advanced biotechnology factory in ASEAN. The Board of Investment (BOI) approved investment promotion for BBGI Firmbox Bio Company Limited to establish a biotechnology factory that uses precision fermentation technology to produce cellulosic enzyme. (Cellulosic Enzyme) for industrial use By expanding the size from laboratory scale (Lab scale) to large commercial scale pro duction, produced with advanced equipment from upstream to downstream, production capacity is 200,000 liters, with the goal of increasing it to 1 million liters in the next period, using money. First stage investment of 440 million baht, factory located in Chachoengsao Province. and will use most of the raw materials from within the country Plan to set up Thailand as the company's bioproduct production base (Bio hub). The said company is a joint venture between BBGI Public Company Limited in the Bangchak Group. Expert in high value biological products business with Firmbox Bio Company, India. which is a leader in synthetic biology (Synthetic Biology: SynBio) and in expanding production capacity to commercial production (Lab-to-launch) The company plans to set up a bioproduct production base (Bio Hub) in the EEC, focusing on investing in new industries (New S-Curve) in the development of agricultural industries and biotechnology. "Prime Minister Encourage the establishment of advanced biotechnology factories . to produce the first large-scale commercial production in ASEAN It also reflects the potential of Thailand that is ready in terms of infrastructure, personnel, and biological raw materials. The goal is to use most raw materials from within the country. It will distribute income to our Thai brothers and sisters in the agricultural and biotechnology industries,' Mr. Chai said. Source: Thai News Agency

Bangkok, Secretary-General of the Eastern Special Development Zone Policy Committee (EEC) or EEC signs an MOU with the Bank of America. Attract US investors Enter the EEC area Dr. Chula Sukmanop, Secretary-General of the Eastern Special Development Zone Policy Committee (EEC) or EEC, and Ms. Orankanya Phibuntham, President of Bank of America, Thailand Branch. Participated in the signing of a memorandum of understanding (MOU) between the Office of the Basic Education Commission and the Bank of America. Thailand branch, with Ms. Lisa Clyde, BofA, Managing Director and Global Head of Corporate Banking and Leasing, along with executives from both agencies participating. The signing of this MOU is considered to be the creation of a strategic cooperation network between the Office of the Basic Education Commission and the Bank of America. which is a leading financial institution with expertise and a world-class customer base There is a global network of financial, investment, and financial advisory services from banks. The goal in this cooperation To build confidence and invite investors from the United States to enter the EEC area, especially in important cluster industries such as medicine and healthcare, digital, aviation, and logistics, etc. by Bank of America has shown commitment to support the vision of the EEC through investment support mechanisms Both geo-strategic aspects of the EEC area Investment promotion benefits Including providing services and providing convenience to investors which will lead to the sustainable development goals. The EEC is ready to drive investment support mechanisms. To build confidence and attract investment from Investors around the world continue We have set a goal to create real investment amounts in the EEC area. An increase of approximately 500 billion baht or an average of 100 billion baht per year over a period of 5 years. Ms. Orakanya Pibultham, President of Bank of America (Bank of America), Thailand Branch, said that she is very pleased to be collaborating with EEC on this important project. which will elevate Thailand's status It is an important target country for investment in Southeast Asia. It aims to help customers both regionally and globally. Encourage investment in important cluster industries. Including infrastructure, robots, vehicles and clean energy. Source: Thai News Agency

Bangkok, Secretary-General of the Eastern Special Development Zone Policy Committee (EEC) or EEC signs an MOU with the Bank of America. Attract US investors Enter the EEC area Dr. Chula Sukmanop, Secretary-General of the Eastern Special Development Zone Policy Committee (EEC) or EEC, and Ms. Orankanya Phibuntham, President of Bank of America, Thailand Branch. Participated in the signing of a memorandum of understanding (MOU) between the Office of the Basic Education Commission and the Bank of America. Thailand branch, with Ms. Lisa Clyde, BofA, Managing Director and Global Head of Corporate Banking and Leasing, along with executives from both agencies participating. The signing of this MOU is considered to be the creation of a strategic cooperation network between the Office of the Basic Education Commission and the Bank of America. which is a leading financial institution with expertise and a world-class customer base There is a global network of financial, investment, and financial advisory services from banks. The goal in this cooperation To build confidence and invite investors from the United States to enter the EEC area, especially in important cluster industries such as medicine and healthcare, digital, aviation, and logistics, etc. by Bank of America has shown commitment to support the vision of the EEC through investment support mechanisms Both geo-strategic aspects of the EEC area Investment promotion benefits Including providing services and providing convenience to investors which will lead to the sustainable development goals. The EEC is ready to drive investment support mechanisms. To build confidence and attract investment from Investors around the world continue We have set a goal to create real investment amounts in the EEC area. An increase of approximately 500 billion baht or an average of 100 billion baht per year over a period of 5 years. Ms. Orakanya Pibultham, President of Bank of America (Bank of America), Thailand Branch, said that she is very pleased to be collaborating with EEC on this important project. which will elevate Thailand's status It is an important target country for investment in Southeast Asia. It aims to help customers both regionally and globally. Encourage investment in important cluster industries. Including infrastructure, robots, vehicles and clean energy. Source: Thai News Agency

Bangkok, DAD asks the Treasury Department for 160 million baht to renovate the Chiang Mai International Convention Center, hoping to improve service levels. Supporting the growing tourism market Dr. Nalikotipak Sangsnit, Managing Director of Thanarak Asset Development Co., Ltd. (DAD Asset Development) or DAD Asset Development, revealed that the DAD Asset Development Board (Board) meeting acknowledged the project to improve the Chaloem Phrakiat International Convention and Exhibition Center. 7th Birthday Anniversary, Chiang Mai Province, valued at 160.5 million baht, presented to the Treasury Department Request budget allocation for 2025 from the Budget Office. For use in improving the International Convention and Exhibition Center. Chiang Mai Province Supports international events In order to be able to support international meetings, seminars, trade shows and exhibitions (Meetings, Incentives, Convention, Exhibitions or MICE), DAD has inspected the area and estimated renovation costs. After Mr. Settha Tha visin, Prime Minister, visited on January 11, 2024, operating from 2019 - 2023 and presenting an estimate of the cost of renovations and repairs. To upgrade the international convention and exhibition center Chiang Mai Province To have the potential to support organizing events effectively For the International Convention and Exhibition Center Chiang Mai Province DAD is assigned by the Treasury Department. To come into management since 2019, with operating results continuing to grow. In 2023, there was a total of 30.48 million baht in income sent to the Treasury Department, an increase of 34 percent from 2022, divided into income from 63 events. Total 29 million baht and income from office space rental 1,317,200 baht when the renovation is completed. It is believed that the income of the International Convention and Exhibition Center Chiang Mai Province will continue to grow and is an important part in driving the MICE industry and the development of tourist attractions in Chiang Mai Province. Source: Thai News Agency

Bangkok, DAD asks the Treasury Department for 160 million baht to renovate the Chiang Mai International Convention Center, hoping to improve service levels. Supporting the growing tourism market Dr. Nalikotipak Sangsnit, Managing Director of Thanarak Asset Development Co., Ltd. (DAD Asset Development) or DAD Asset Development, revealed that the DAD Asset Development Board (Board) meeting acknowledged the project to improve the Chaloem Phrakiat International Convention and Exhibition Center. 7th Birthday Anniversary, Chiang Mai Province, valued at 160.5 million baht, presented to the Treasury Department Request budget allocation for 2025 from the Budget Office. For use in improving the International Convention and Exhibition Center. Chiang Mai Province Supports international events In order to be able to support international meetings, seminars, trade shows and exhibitions (Meetings, Incentives, Convention, Exhibitions or MICE), DAD has inspected the area and estimated renovation costs. After Mr. Settha Tha visin, Prime Minister, visited on January 11, 2024, operating from 2019 - 2023 and presenting an estimate of the cost of renovations and repairs. To upgrade the international convention and exhibition center Chiang Mai Province To have the potential to support organizing events effectively For the International Convention and Exhibition Center Chiang Mai Province DAD is assigned by the Treasury Department. To come into management since 2019, with operating results continuing to grow. In 2023, there was a total of 30.48 million baht in income sent to the Treasury Department, an increase of 34 percent from 2022, divided into income from 63 events. Total 29 million baht and income from office space rental 1,317,200 baht when the renovation is completed. It is believed that the income of the International Convention and Exhibition Center Chiang Mai Province will continue to grow and is an important part in driving the MICE industry and the development of tourist attractions in Chiang Mai Province. Source: Thai News Agency

Phetchaburi, Capt. Thammanat reveals that the Prime Minister ordered to find a way to reduce production costs for farmers. and prepare for the rainy season Specifies orders to dredge canals for 400 projects - find a way to slow down water Ensure there is enough water Capt. Thammanat Prompao, Minister of Agriculture and Cooperatives Revealed after the official Cabinet meeting ended outside the venue. Lower Central Province Group 2 (Phetchaburi, Prachuap Khiri Khan, Samut Songkhram and Samut Sakhon) at Rajabhat University Phetchaburi Province that the Prime Minister has ordered to prepare for this rainy season by dredging canals. and more than 400 tributary projects. Prepare for the upcoming rainy season, ensuring that this rainy season will have a lot of water. Therefore, it is necessary to store as much water as possible. such as Huai Mae Prachan Reservoir Last year it rained a lot but a lot had to be released into the sea. Therefore, this year, we have piloted a dredging project for 3 years (2024-2026) wit h a budget of over 300 million baht and built water control building gates at several points to slow down the water for use. For visiting the area in Phetchaburi Province for 2-3 days, he ordered the Royal Irrigation Department to solve the problem in a concrete way. As for the Royal Rainmaking, there was an order to move the Royal Rainmaking aircraft to Hua Hin District, Prachuap Khiri Khan Province. to operate during this period For visiting this area In addition to the water problem farmers and villagers It also reflects the problem of higher production costs. Both agricultural and horticultural sectors and the fishing sector He has ordered each department involved to do their homework on how to solve this problem. which the Prime Minister ordered at this Cabinet meeting to the Ministry of Agriculture Find ways to reduce production costs for fellow farmers. As for the case of the GAP standard, which is a standard that covers the complete production of agricultural products, it is seen that there are man y steps. At this time, we have ordered the Director-General of the Department of Agriculture to study how the process can be reduced. To make the standard issuance faster. Source: Thai News Agency