Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 244

Posts Tagged ‘Thailand’

Allied Wallet Reaches 1,000 Live Merchants in Thailand

Posted by fidest press agency su giovedì, 19 dicembre 2019

Allied Wallet Inc, a globally leading provider of mainstream online payment processing, and Founder Andy Khawaja recently reached 1,000 live merchants in Thailand after opening a new office in Bangkok to support the growing demand.The demand and adoption of e-commerce in Thailand has seen steady growth thanks to the support of the Thai government. Their “Thailand 4.0” policy allocates a budget to construct a broadband network for villages across the country.As one of the largest e-commerce markets in Southeast Asia, the region needed support for its new and existing online businesses. Andy Khawaja and Allied Wallet opened a Bangkok office to support these business owners and their need for secure payment processing.Recently, Allied Wallet reached over 1,000 merchants and this is due, in large part, to the fact that they accept and process the preferred payment options of the region such as PAYSBUY, 123, TrueMoney, and Easy2Pay.Between these cash-based, bank transfer type payments and e-wallet type solutions as well as other major payment options, Thai online shoppers and merchants are finding their e-commerce needs fulfilled with Allied Wallet.Dr. Andy Khawaja, Allied Wallet’s Founder, commented, “We’re very happy to be able to support e-commerce growth in the region. We pride ourselves on our ability to connect business owners and consumers across the world.”Founder Andy Khawaja added, “This new milestone in Thailand is a sign that we’re doing something right, and we’re very happy for the support that Thailand has shown us.”They expect to see continued growth and success in Thailand and welcome new business owners to see why they are a leading payment solution in Southeast Asia.

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China-Thailand Strategic Cooperation Starts Three New Growth Points Following Tourism

Posted by fidest press agency su martedì, 27 agosto 2019

According to Thailand media reports, Thailand’s Minister of Tourism and Sports recently submitted a bill to Thai Prime Minister Prayuth to introduce a one-year free visa policy for Chinese and Indian tourists. The move was aimed at stimulating the development of Thailand’s tourism industry as a whole and striving to achieve a tourism revenue of 3.4 trillion baht.Earlier, Piphat said the lasting impact on Thailand’s tourism development, including economic problems, foreign tourists’ confidence problems, the appreciation of the Thai baht, Chinese tourists’ suspension of travel to Thailand. Therefore, the department planned to introduce a one-year free visa policy and replace the free visa on arrival policy that expires on October 31, 2019.Not only does Thailand want to boost tourism exchanges with China, the relationship between China and Thailand has been stable. In recent years, with the in-depth development of Sino-Thai relations, the cooperation between the two sides has gone far beyond tourism and agricultural trade. China hopes not only that Thailand will become more prosperous, but also that Thailand will become safer and more innovative. China-Thailand cooperation is moving towards three more strategic areas.The first is military security cooperation. The long-term stability of China-Thailand relationship has enabled the two countries to form a firm strategic mutual trust. In the future, China and Thailand are expected to carry out more extensive military equipment cooperation, including supporting Thailand in building its own military industry chain and jointly developing weapons and equipment.The second is medical cooperation. In August 2019, the China-Thailand Joint Research Institute of Natural Medicine held an opening ceremony in Bangkok, which will help promote the health cooperation between the two countries and the industrialization of natural medicines.Finally, cooperation in scientific and technological innovation. The implementation of protectionism by the U.S. in the field of science and technology has brought about new changes in global science and technology cooperation, while Thailand, due to its political neutrality, will play a more important role in the future.

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Curetis’ Unyvero Application Cartridges Receive Regulatory Approvals in Malaysia and Thailand

Posted by fidest press agency su venerdì, 1 febbraio 2019

Amsterdam, the Netherlands, and Holzgerlingen, Germany, today announced that its partner for the commercialization of Unyvero in the ASEAN region, Acumen Research Laboratories Pte Ltd. (Acumen), has received first approvals by the respective regulatory authorities to market the Unyvero HPN Hospitalized Pneumonia Application Cartridge in Malaysia and Thailand. Thailand also approved the Unyvero BCU Blood Culture Application Cartridge.
With these additional approvals in Asia, Unyvero HPN for the diagnosis of pneumonia in hospitalized patients is now fully registered as an IVD medical device in Singapore, Malaysia, and Thailand – a milestone that allows for broader commercial roll-out and adoption in ASEAN countries with a total combined population of more than 630 million people. Acumen and Curetis intend to submit additional Unyvero Application Cartridges for regulatory approval in the ASEAN markets to further progress the commercial roll-out of Unyvero in the region.“In only four to five hours, the Unyvero HPN and BCU tests enable the detection of a very broad panel of pathogens and antibiotic resistance markers that are highly relevant for the diagnosis of hospitalized patients with suspected pneumonia and blood stream infections, respectively. This will not only help to improve clinical outcomes for these patients, but also enable better antibiotic stewardship to help mitigate the growing antimicrobial resistance challenge,” said Siew Hwa Ong, PhD, CEO of Acumen.“The further regulatory approval of several Unyvero Application Cartridges in Asian markets beyond the Singapore bridgehead have the potential to contribute to further growth of our Unyvero business in the entire ASEAN region. This marks an important milestone in our Asian expansion strategy,” said Oliver Schacht, PhD, CEO of Curetis. “With an expected near-term regulatory submission to the Chinese National Medical Product Administration for the Unyvero HPN Application by our partner Beijing Clear Biotech and with further clinical studies supporting market access in China and beyond already planned, we are preparing for a significant commercial expansion of our Unyvero portfolio in Asia in the coming years.”

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Commission lifts “yellow card” from Thailand for its actions against illegal fishing

Posted by fidest press agency su giovedì, 31 gennaio 2019

Brussels. The Commission acknowledges that Thailand has successfully addressed the shortcomings in its fisheries legal and administrative systems. For this reason it lifts the so-called “yellow card”, in place since April 2015, a warning from the EU that the country at the time was not sufficiently tackling illegal, unreported and unregulated fishing. Today’s decision reverses the first step of a process that could have led to a complete import ban of marine fisheries products into the EU.European Commissioner for environment, maritime affairs and fisheries Karmenu Vella said: “Illegal, unreported and unregulated fishing damages global fish stocks but it also hurts the people living from the sea, especially those already vulnerable to poverty. Fighting illegal fishing is therefore a priority for the EU. I am excited that today we have a new committed partner in this fight.”
Since the yellow card was issued, the Commission and Thailand have engaged in a constructive process of cooperation and dialogue. This has resulted in a major upgrade of the Thai fisheries governance in accordance with the international commitments of the country.
Thailand has amended its fisheries legal framework in line with international law of the sea instruments. It has reinforced compliance with its obligations as a flag, port, coastal and market State, included clear definitions in its legislation and set up a deterrent regime of sanctions. Moreover, it has reinforced the mechanisms of control of the national fishing fleet and enhanced its monitoring, control and surveillance systems. This includes remote monitoring of fishing activities and a robust scheme of inspections at port.With these measures, Thai authorities now have all the necessary policies in place to prevent, deter and eliminate illegal, unreported and unregulated fishing.
Thailand plays a central role in the international supply chain for fisheries products. The highly developed Thai processing industry relies on raw materials from the Indian and Pacific Oceans. As party to the United Nations’ Food and Agriculture Organization Port States Measures Agreement, Thailand has reinforced controls over landings of foreign fishing vessels in Thai ports and strengthened cooperation with flag States in the Indian and Pacific Oceans. The reinforcement of the fisheries legal and administrative systems in Thailand could therefore trigger a multiplier effect in the global sustainability of fisheries resources.The Commission congratulates the Thai Government on this commitment and stands ready to further support Thailand in its declared ambition to set an example for the region, not least through the EU-Thailand Labour Dialogue.The Commission will continue to work closely with Thailand to fight illegal, unreported and unregulated fishing and to promote decent work conditions in the fishing industry.

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Itron to Deploy OpenWay® Riva Solution in Thailand

Posted by fidest press agency su venerdì, 22 giugno 2018

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, in collaboration with its consortium partner ALT Telecom Public Company Limited was selected by Provincial Electricity Authority (PEA) to deploy the utility’s first Advanced Metering Infrastructure (AMI) using Itron’s OpenWay® Riva solution, including 116,000 OpenWay Riva enabled smart meters. The solution, which will be deployed in the City of Pattaya, will help PEA transform its operations and improve distribution system efficiency, reliability and safety. As one of the largest utilities in southeast Asia, PEA provides electricity to more than 18 million customers. This deployment will help meet PEA’s goal to better understand the benefits of AMI and prepare to roll out AMI nationwide.With the OpenWay Riva solution, PEA will benefit from secure, resilient and multi-application network infrastructure and technology platform that features distributed computing power at every level of the network, including in every electric meter. This enables real-time analysis of data and secured peer-to-peer communication among meters and intelligent devices within the network to manage rapidly changing electric grid conditions. In addition, the solution’s adaptive communications technology dynamically determines the best network path, including radio frequency, cellular or power line carrier, to optimize communications.PEA will also take advantage of Itron’s meter data management solution, Itron Enterprise Edition™(IEE). The solution will provide consistent, meaningful data to upstream utility applications, easing IT integration of AMI and facilitating the distribution of meter data across the utility.

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ASEAN to Emerge as a Key Global Automotive Market and Production Hub by 2019, Says Frost & Sullivan

Posted by fidest press agency su venerdì, 16 agosto 2013

London The ASEAN region offers a significant opportunity to global automakers in the near to medium term, says a new analysis from Frost & Sullivan. The importance of ASEAN as a cluster cannot be denied as the region is likely to be the fifth largest automotive market in the world by 2019.New analysis from Frost & Sullivan ( Strategic Analysis of ASEAN Automotive Outlook finds that the market is likely to grow at a compound annual growth rate (CAGR) of 5.8 per cent (2012-2019) to reach 4.71 million in 2019, mainly driven by rapid market expansions in Indonesia and Thailand.“The low level of motorization in ASEAN offers strong growth potential for the automotive market, while the heavily-motorized regions of Western Europe and North America represent a saturated “replacement” market,” said Frost & Sullivan Asia Pacific Research Director, Mr. Vijay Rao.“Passenger vehicle segments are likely to dominate the market. Thailand the key pickup market in the region is shifting to passenger vehicles with increased consumer preference for compact, environment friendly eco cars,” he said.Indonesia is expected to emerge as the largest automotive market in ASEAN by 2019, accounting for 2.3 million vehicles, driven by sustained economic growth in the country, growing middle classes with larger disposable incomes, increased investments in automotive sector and introduction of automotive regulations supporting market growth.
Automotive demand in Thailand is also expected to grow driven by an improved economy, more disposable incomes, capacity expansions by automakers, and launch of several new vehicle models. “The Malaysian market is expected to grow supported by foreign model proliferation at competitive price points and by price reduction as a result of market liberalization,” Mr. Rao said.He added that total vehicle production in ASEAN is expected to grow at a CAGR (2012-2019) of 8 per cent to hit 7.05 million units in 2019. “Thailand is likely to continue its dominance as a major production hub in ASEAN due to expected significant capacity expansions, increased export and domestic demand, availability of skilled labor force with a well-developed automotive component industry.”Vehicle production in Indonesia mostly caters to local sales driven mainly by the expected expansion in automotive demand and foreign investment inflow for production expansion. European and Chinese OEMs are looking at Malaysia as an assembly and manufacturing hub to set up production plants.Strategic Analysis of ASEAN Automotive Outlook is part of the Automotive & Transportation Growth Partnership Services program, which also includes research in the following markets: 2020 Vision of the Australian Automotive Aftermarket, CEO 360 Degree Perspective of the Automotive Industry in Myanmar, Strategic Growth Opportunities from AEC Implementation and New Government Policies in ASEAN, Strategic Growth Opportunities of Navigation Systems Market in ASEAN, Analysis of the Advanced Driver Assistance Systems Market in Japan amongst others. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

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Mr. Gopal R. comments on Automotive Supply Chain Strategies in the Context of Disasters

Posted by fidest press agency su venerdì, 11 novembre 2011

Tailandia en tren

Image by Viajar, comer y amar (@aitor_vca) via Flickr

Thailand’s logistics industry estimated to be valued at USD 70 Billion is certainly impacted due to the largest contributing segment of manufacturing adversely impacted due to the floods. Trade oriented Automotive, High tech and Consumer Goods industries’ shut down has impacted the entire supply chain of these industries thereby resulting in negligible trade and consequently drop in logistics industry contribution. Impact of earthquake, tsunami and nuclear disaster in Japan and Arab Spring disruptions have all impacted different industries and their lengthy sourcing, manufacturing and distribution supply chains. The industries certainly get back on track, but do leave behind valuable lessons to rethink the future supply chain strategies to manage risks.
1. Supply Chain Risk Management: It is observed that nearly 60% of the firms do not have any effective supply chain risk management policy. This completely wipes off any uncertainties at sourcing, manufacturing, storage, distribution and last mile delivery. It is time to ensure adequate policies are in place to manage risks at all levels of the supply chain.
2. Don’t hoard, distribute: It was common to see companies after the Japan disaster to say we will start hoarding components, intermediates and inputs. This statement also is visible as a knee-jerk reaction to the Thailand flood scenario. It certainly isn’t quite an appropriate strategy. It is wiser to plan for inputs from diverse sources than hoard. In the longer term, we will realize the cost benefit of distributed or leveraged sourcing will far outweigh hoarding.
3. Cross-border collaboration: Companies should leverage trade and economic cooperation arrangements like AFTA, AEC and bilateral country agreements to build complementing and mirroring supply chain facilities to ensure disaster recovery is rapid. Normal scenarios can leverage these facilities to balance demand spikes and troughs.
4. Dynamic Forecasting: Demand forecasting is still deterministic and routine across various manufacturing segments. This feeds in assumptions that weather in unfavorable economic and natural scenarios. It is therefore essential to bring in stochastic scenario planning to ensure preventive steps are made to the supply chain ahead of crisis, than mending ways after.
5. Cultivate concept of sustainability: In today’s rampant depletion of resources, we seldom consider aspects on how sustainable our efforts are. If we pause to think of sustainability in what we do, we certainly would have been reminded of social and ecological implications in our every day routine. This would have helped us be more vigilant and planned to mitigate the loss resulting from such calamities. Sustainability is not futuristic; it is constantly refreshing the basics.
In the context of the Thailand Floods or Japan’s disaster, the above supply chain strategies can ensure the disaster recovery is rapid and also help manage any future unforeseen scenarios with minimal impact. These strategies can also support regional economies back each other during times of crisis and ensure regional stability is maintained. Supply chains are borderless; let’s not chain them.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit

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Council Actions Bear Fruit in Southeast Asia

Posted by fidest press agency su venerdì, 21 ottobre 2011

The Largest Bridge In Southeast Asia-20f

Image by ANDY LEDDY via Flickr

The market for distiller’s dried grains with solubles (DDGS) in Southeast Asia is poised for expansion. U.S. Grain Council efforts in the region have significantly contributed to the favorable export climate.Exports to Vietnam, the fourth biggest market for DDGS, rose 11 percent between January and August 2011. According to Adel Yusupov, USGC director in Southeast Asia, construction of new feedmill plants in the Ha Duong and Bac Giang provinces will move forward later this year. Plans for expanding the Vietnamese swine and poultry industry using advanced breeding techniques also suggest that an increased demand for feed grain will follow. “The region is growing increasingly dependent on feed grain imports amid declining domestic crop production and burgeoning feed demand,” commented Yusupov.Increased DDGS exports to Malaysia and the Philippines have also been noteworthy, up 99 percent and 50 percent respectively from last year. Thailand’s imports are down 13 percent due to an abundant supply of soybean meal in the market.The Council-led DDGS Technical Service meetings in the Philippines and Thailand have educated local buyers on the nutritional value and use of DDGS as a low-cost feed ingredient. Numerous regional seminars have targeted key audiences, including major dairy farms and feed milling companies, to provide information on U.S. DDGS production quality. The Council has also been actively involved in trade policy issues. For example, the Council in collaboration with FAS-Bangkok worked to delay a regulation the Thai government planned to impose on protein levels in DDGS imports, thereby maintaining market access for U.S. producers.

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