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SET welcomes processed diary product manufacturer “KCG” on August 3

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The Stock Exchange of Thailand will list KCG Corporation, a manufacturer and distributor of processed dairy products such as butter and cheese as well as food and bakery ingredients, concentrated fruit juice, cookies, crackers, and wafers, on August 3 under the ticker symbol “KCG”. The company has a market capitalization at its initial public offering (IPO) of THB 4.63 billion (approx. USD 134.59 million)

SET Senior Executive Vice President Manpong Senanarong said that KCG will be listed and start trading on SET in the Agro & Food Industry industry group, Food & Beverage sector.

KCG manufactures and distributes a wide range of food products including processed dairy products such as butter and cheese under very famous brands including “Allowrie”. Today the company owns the trademark in Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Singapore, Thailand, the Philippines, and Vietnam. The company also manufactures and distributes food and bakery ingredients, concentrated fruit juice, cookies, crackers and wafers under popular brands like “Imperial”, “DAIRYGOLD”, “bake master”, “SUNQUICK”, “Cookie choice”, “Rosy”, and “Violet”. In addition, the company distributes imported products of “Arla” and “Emmi” brands. Its products are distributed through various sales channels – business to customer (B2C), business to business (B2B), and exports.

KCG has a paid-up capital of THB 545 million consisting of 390 million existing common shares and 155 million newly…

SET welcomes processed diary product manufacturer “KCG” on August 3 – SET News

Bank of Thailand raises key interest rate to highest level in nine years

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Thailand Business News

The Bank of Thailand has raised its key interest rate to a nine-year high of 2.25% due to concerns about rising prices.

Key Takeaways The Bank of Thailand raised its key interest rate to 2.25%, citing concerns about upside risks to prices and the need to ensure inflation stays low in the long term. Despite easing inflation and a forecasted steady economic expansion driven by tourism and private consumption, policymakers remain cautious due to weak exports, domestic political uncertainty, and the potential impact of a severe El Nino episode on food prices. The central bank expects inflation to rebound in the second half of the year after temporary factors dissipate, but analysts believe this rate hike will likely be the last for now, considering the downside risks to growth and subdued inflation.

Despite inflation easing and falling below the central bank’s target, policymakers aim to ensure it remains low. The central bank expects the economy to continue growing, driven by tourism and private consumption, but warns of risks from weak exports and political uncertainty.

They anticipate a…

Bank of Thailand raises key interest rate to highest level in nine years

Vana Nava Water Jungle Hua Hin ranked best waterpark in Thailand

Bangkok, 4 August,2023 – Vana Nava Water Jungle Hua Hin has emerged as the top water park in Thailand, the 4th in Asia, and the 15th best in the world, according to the esteemed Tripadvisor Travellers’ Choice Award 2023.

This prestigious accolade further cements the park’s position as a premier lifestyle destination in Thailand, drawing visitors from around the globe, and reaffirms its status as one of the finest water parks worldwide.

Vana Nava Water Jungle Hua Hin proudly stands as the pioneering water park in Asia, conceptualized as a captivating “Water Jungle” that seamlessly combines the thrilling elements of a water park with the enchanting ambiance of a tropical forest.

Spanning across a sprawling 8-acre expanse in the heart of Hua Hin, the park features an impressive array of 20 world-class slides and attractions, incorporating state-of-the-art technology, including the cutting-edge VR-Slide that combines the exhilaration of water park rides with immersive 360-degree virtual reality encounters using VR glasses.

Catering to families, friends, and corporate team building endeavors, the park offers an extensive range of entertainment and diverse lifestyle activities, fostering strong relationships within organizations.

The Tripadvisor.com awards are determined based on the quantity and quality of reviews, as well as ratings provided by travelers who have utilized the website during the past year. Tripadvisor.com, the largest global travel website, receives feedback from over 180 million visitors who review and rate various tourist destinations on a monthly basis.

The post Vana Nava Water Jungle Hua Hin ranked best waterpark in Thailand appeared first on TAT Newsroom.

Read the complete story here :Vana Nava Water Jungle Hua Hin ranked best waterpark in Thailand

Microsoft Cyber Signals: Sporting Events and Venues Draw Cyberthreats at Increasing Rates

Microsoft Cyber Signals: Sporting Events and Venues Draw Cyberthreats at Increasing Rates

SINGAPORE – Media OutReach – 4 August 2023 – Today Microsoft released the fifth edition of Cyber Signals, spotlighting threats to large venues, sporting and entertainment events, based on learnings and telemetry from delivering cybersecurity support to critical infrastructure facilities during the State of Qatar’s hosting of the FIFA World Cup 2022™.

Cybersecurity threats to large events and venues are diverse and complex. They require constant vigilance and collaboration among stakeholders to prevent and mitigate escalation. With the global sports market valued at more than 600 billion USD, sports teams as well as major league and global sporting associations, and attendees house a trove of valuable information desirable to cybercriminals.

Unfortunately, this information is made increasingly vulnerable by the growing number of connected venues and the number of devices and interconnected networks in these environments, sports teams as well as major league and global sporting associations and attendees, house a trove of valuable information desirable to cybercriminals.

Venue IT systems and arenas contain hundreds of known and unknown vulnerabilities that allow threats actors to target critical business services such as point of sale, IT infrastructures, and visitor devices. Teams, coaches, and athletes themselves are also vulnerable to data loss on athletic performance, competitive advantage, and personal information. Attendee personal identifiable information can also be targeted through vulnerable event digital amenities, like companion mobile apps, Wi-Fi hotspots, and QR codes with malicious URLs.

Microsoft Defender Experts for Hunting (DEX) developed comprehensive cybersecurity defenses for Qatari facilities and organizations supporting the soccer tournament. DEX conducted an initial risk assessment, factoring in threat actor profiles, adversary tactics, techniques, and procedures, and other global intelligence from Microsoft’s telemetry. It ultimately analyzed over 634.4 million events while providing cybersecurity defenses for Qatari facilities and organizations throughout November and December of 2022.

With sporting and entertainment events at large, there is a level of cyber risk and vulnerability that does not exist in other environments. Because some of these events come together quickly, often with new partners and vendors acquiring access to enterprise networks that are perceived as temporary, they are often not designed for evaluation and ongoing refinement of the security posture.

In addition to the pre-planning required to support this unique security apparatus, venues consider the privacy risk associated with temporary, ad-hoc, and permanent cyber infrastructure. That means understanding and acknowledging if configurations needed to support the event potentially add additional risk or vulnerability.

To safeguard against cybersecurity threats, sports, associations, teams, and venues must adopt robust protective measures. First and foremost, they should prioritize the implementation of a comprehensive and multi-layered security framework. This includes deploying firewalls, intrusion detection and prevention systems, and strong encryption protocols to fortify the network against unauthorized access and data breaches. Regular security audits and vulnerability assessments should be conducted to identify and address any weaknesses within the network infrastructure.

Furthermore, user awareness and training programs are crucial to educate employees and stakeholders about cybersecurity best practices, such as recognizing phishing emails, using multifactor authentication or passwordless protection, and avoiding suspicious links or downloads. Additionally, it is essential to partner with reputable cybersecurity firms to continuously monitor network traffic, detect potential threats in real-time, and respond swiftly to any security incidents. By adopting these proactive measures, sports associations, teams, and venues can significantly enhance their resilience against cyberattacks and protect both their own infrastructure and the sensitive information of their patrons.

Learn more in this fifth edition of Cyber Signals.

To learn more about Microsoft Security solutions, visit the website. Bookmark the Security blog to keep up with Microsoft’s expert coverage on security matters. Also, follow Microsoft on LinkedIn (Microsoft Security) and Twitter (@MSFTSecurity) for the latest news and updates on cybersecurity.

Hashtag: #MicrosoftSingapore

The issuer is solely responsible for the content of this announcement.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Philip Nova, a member of PhillipCapital Group, unveils the potential of ETFs and building a 6% dividend return portfolio

Philip Nova, a member of PhillipCapital Group, unveils the potential of ETFs and building a 6% dividend return portfolio

SINGAPORE – Media OutReach – 4 August 2023 – Phillip Nova offers ETFs with no platform and no custodian fees. Users can access over 11,000 ETFs, growth and dividend yield stocks from Mainland China, Hong Kong, Malaysia, Singapore and US markets.

ETFs: what are these and how they work

ETFs stand for exchange-traded funds, which are purchased or sold on a stock exchange like regular stocks. ETFs are a type of pooled investment security that holds multiple underlying assets. It typically tracks or replicates the performance of a specific benchmark index. It allows investors to invest in a basket of securities with just one trade.

ETFs: a good fit for beginners

Simplicity

Investing in ETF helps save time by removing the need for single stock picking, which is a very time-consuming process due to constantly having to monitor the news, earnings releases, and company financials.

Investors can rest assured that they will get close to market returns, eliminating the need to constantly monitor single stock positions. Furthermore, when a constituent is removed from the index, the ETF does the same. Thus, there is a low barrier to entry for newer investors, as less market knowledge is required. ETFs ultimately offer investors a convenient and simple way to invest in the stock market.

Diversification

By investing in a basket of stocks, it helps to reduce company-specific risks such as management decisions, financial health, and corporate scandals. Investors are able to gain exposure to more than a single company, as well as stocks across different asset classes, sectors, and geographic markets.

Different types of investors and suitable ETFs for their consideration

Ultimately, the choice of investment will depend on the investment goals of the investors. Here are examples of some ETFs that Phillip Nova offers:

Dividend Chasers:
Dividend chasers are individuals who look for another source of income. The investment priority is to attain a regular and passive income stream to supplement the main source of income from the daily job. These are the suitable high-yielding income-generating ETFs:

  • Vanguard Dividend Appreciation ETF (VIG)
  • Lion-Phillip S-REIT ETF (CLR)

Steady Builders:
Steady builders are individuals who want to avoid “putting all the eggs in one basket” and prefer investing for the long term while diversifying the portfolio across different asset classes, sectors, and geographic regions; but have limited time and financial knowledge to pick an ETF. These are the suitable high-yielding income-generating ETFs:

  • SPDR Straits Times Index ETF (ES3)
  • Vanguard S&P 500 ETF (VOO)

Tips for successful investing with ETFs
ETF Investors should aim to minimise any overlaps in their holdings. For example, rather than holding three different ETFs that all track the S&P 500, it would be better to consolidate all three of them into just one ETF holding, preferably the fund with the lowest expense ratio.

Examples of successful diversification with ETFs
Successful investors often hold different types of ETFs (asset class, sector, geography, etc.) to diversify, reduce risk, and maximise profits. For example, investors may include a Gold ETF such as SPDR Gold Shares (GLD) in their portfolio to hedge against a downturn. Gold has historically been uncorrelated with the stock market and typically thrives during a recession.

To view complete selection of recommended ETFs to build the 6% dividend return portfolio, download a playbook here.

Hashtag: #PhillipNova #Investment #ETFs #tradingstrategy #financialplanning #investmentplanning



The issuer is solely responsible for the content of this announcement.

About Phillip Nova

Phillip Nova (formerly known as Phillip Futures) was inaugurated in 1983 as a member of PhillipCapital Group and is one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT). We have since grown to become one of the region’s top brokerages for the trading of Stocks, CFD, Forex, global Futures and Commodities. The Group has clearing memberships in 21 global exchanges, including APEX, BMD, CME Group exchanges, DGCX, HKEX, ICDX, ICE Singapore, JPX Group exchanges, NSE, TFEX, TOCOM and SGX Group exchanges.

Ongoing Promotion: Get a free Nespresso Coffee Machine when you open an account with us in August! Learn more .

Download the ETF E-guide to build a 6% dividend return portfolio.

Regarding fees and commissions, please visit our website for more information.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Kaspersky unveils latest APT trends for Q2

Kaspersky unveils latest APT trends for Q2

TAIPEI, TAIWAN – Media OutReach – 4 August 2023 – In Kaspersky’s latest report on Advanced Persistent Threats (APTs) trends for the second quarter of 2023, researchers analyze the development of new and existing campaigns. The report highlights APT activity during this period including the updating of toolsets, the creation of new malware variants, and the adoption of fresh techniques by threat actors.

A significant new revelation was the exposure of the long-running “Operation Triangulation” campaign involving the use of a previously unknown iOS malware platform. Experts also observed other interesting developments that they believe everyone should be aware of. Here are key highlights from the report:

Asia-Pacific witnesses a new threat actor – Mysterious Elephant

Kaspersky uncovered a new threat actor belonging to the Elephants family, operating in the Asia-Pacific region, dubbed “Mysterious Elephant”. In their latest campaign, the threat actor employed new backdoor families, capable of executing files and commands on the victim’s computer, and receive files or commands from a malicious server for execution on the infected system. While Kaspersky researchers have observed overlaps with Confucius and SideWinder, Mysterious Elephant possesses a distinctive and unique set of TTPs, setting them apart from these other groups.

Toolsets upgraded: Lazarus’ develops new malware variant, BlueNoroff attacks macOS, and more

Threat actors are constantly improving their techniques, with Lazarus upgrading its MATA framework and introducing a new variant of the sophisticated MATA malware family, MATAv5. BlueNoroff, a financial attack-focused subgroup of Lazarus, now employs new delivery methods and programming languages, including the use of Trojanized PDF readers in recent campaigns, the implementation of macOS malware, and the Rust programming language. Additionally, ScarCruft APT group has developed new infection methods, evading Mark-of-the-Web (MOTW) security mechanism. The ever-evolving tactics of these threat actors present new challenges for cybersecurity professionals.

Geopolitical influences remain primary drivers of APT activity

APT campaigns remain geographically dispersed, with actors concentrating their attacks on regions such as Europe, Latin America, the Middle East and various parts of Asia. Cyber-espionage, with a solid geopolitical backdrop, continues to be a dominant agenda for these endeavors.

Adrian Hia, Managing Director for APAC at Kaspersky said “Kaspersky has been monitoring all the active APT actors in the region that infect mobile devices and are slowly targeting businesses and infrastructure. Our researchers focuses on APT activities to uncover the most sophisticated cyber-attacks. By publishing our findings from our investigation, we hope to be able to help organisations be aware of the latest activities and remain secure in our bid to build a safer world.”

“While some threat actors stick to familiar tactics like social engineering, others have evolved, refreshing their toolsets and expanding their activities. Moreover, new advanced actors, such those conducting the ‘Operation Triangulation’ campaign, constantly emerge. This actor uses a previously unknown iOS malware platform distributed through zero-click iMessage exploits. Staying vigilant with threat intelligence and the right defense tools is crucial for global companies, so they can protect themselves against both existing and emerging threats. Our quarterly reviews are designed to highlight the most significant developments among APT groups to help defenders combat and mitigate related risks,” comments David Emm, principal security researcher at Kaspersky’s Global Research and Analysis Team (GReAT).

To read the full APT Q2 2023 trends report, please visit Securelist.
In order to avoid falling victim to a targeted attack by a known or unknown threat actor, Kaspersky researchers recommend implementing the following measures:

  • Ensuring the security of your system, it is crucial to promptly update your operating system and other third-party software to their latest versions. Maintaining a regular update schedule is essential in order to stay protected from potential vulnerabilities and security risks
  • Upskill your cybersecurity team to tackle the latest targeted threats with Kaspersky online training developed by GReAT experts.
  • Use the latest Threat Intelligence information to stay up-to-date with the actual TTPs used by threat actors.
  • For endpoint level detection, investigation, and timely remediation of incidents, implement EDR solutions such as Kaspersky Endpoint Detection and Response.
  • Dedicated services can help combat high-profile attacks. The Kaspersky Managed Detection and Response service can help identify and stop intrusions in their early stages, before the perpetrators achieve their goals. If you encounter an incident, Kaspersky Incident Response service will help you respond and minimize the consequences, in particular – identify compromised nodes and protect the infrastructure from similar attacks in the future.

Hashtag: #Kaspersky

The issuer is solely responsible for the content of this announcement.

KASPERSKY

Kaspersky is a global cybersecurity and digital privacy company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection, specialized security products and services, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help over 220,000 corporate clients protect what matters most to them. Learn more at .

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

MoneyFitt™: Redefining Personal Finance for Singaporeans

MoneyFitt™: Redefining Personal Finance for Singaporeans

SINGAPORE – Media OutReach – 4 August 2023 – MoneyFitt™, a Singapore-based FinTech, are excited to announce its official launch in Singapore. MoneyFitt™ aims to empower individuals to take control of their financial well-being by offering personalised tips, a network of trusted experts, and a wealth of educational resources. The launch follows a successful proof of concept project in collaboration with Prudential.

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MoneyFitt™ recognises that each person has unique financial needs and goals. By leveraging advanced algorithms, the app provides users with actionable steps to improve five foundational areas of financial well-being: Spending, Credit Card, Emergency Fund, Protection, and Investments. Through the app’s intuitive interface, users understand what to do, which steps to prioritise, and why they are essential.

One of the standout features of MoneyFitt™ is its access to a matching service of Singapore’s trusted financial experts. Users can complete their profiles with relevant financial information and objectives, and then select a licensed financial advisor who users feel they can relate to and understand their needs. MoneyFitt™ does not charge users for connecting with advisors, nor does it take any commission from action taken through experts, for a transparent and hassle-free experience. It’s the perfect platform for individuals seeking expert guidance without the risk of a hard sell.

“Our primary focus is to help individuals address multiple areas of personal finance, ultimately improving their financial, mental, and physical well-being,” stated Lim Ka-ming, CEO of MoneyFitt™. The platform leverages content and customised suggestions to push action in every aspect, whether creating a budgeting template, developing an emergency fund, building an investment portfolio, or contacting a human advisor.

MoneyFitt™’s target audience for the Singapore launch comprises Gen Z and Millennial Singaporeans and working professionals who desire financial security but may lack the knowledge or confidence to attain it. The app caters to individuals who want to take action and are not afraid to ask for help from an expert.

Key features of the MoneyFitt™ app:

The app’s features are designed to address the most important pain points faced by users, providing tangible benefits to enhance their financial well-being:

1. Content Feature: A vast library of financial literacy content, including articles, videos, quizzes, infographics, and tools. Users can choose their interests to access relevant content related to investing, retirement planning, saving, and wellness. The content produced by MoneyFitt™ and trusted third-party sources ensures unbiased and engaging information, free from product sales pitches.

2. Sliders Feature: A personalised feature that provides actionable steps to address the five foundational areas of personal finance. By addressing pain points and providing guidance on prioritising financial actions, MoneyFitt™ helps users take crucial steps toward financial freedom.

3. Expert Matching Feature: MoneyFitt™’s matching service allows users to connect with financial experts who can understand and relate to their unique needs and aspirations with the touch of a button. MoneyFitt™ does not provide investment or insurance advice but arms users with knowledge they can use to address their financial needs.

4. MoneyBott AI Chatbot: MoneyFitt™’s innovative feature transforms how users consume information and enhances the overall experience, acting as an intelligent and interactive guide to answer key personal finance questions. By offering a more targeted content experience, users can learn more about subjects of interest, whether that be MoneyFitt™’s features or personal finance-related questions.

MoneyFitt™ has already received highly positive feedback from early Singaporean users, who noted the app is intuitive, proven effective, and action-driven.

The all-new MoneyFitt™ App is available for download on [August,22,2023] on both iOS and Android platforms.

To learn more about MoneyFitt™ and join the financial revolution, visit our website at www.moneyfitt.co. For more information and media inquiries about MoneyFitt™, please contact: [email protected]
Hashtag: #moneyfitt #personalfinance #moneymanagement



The issuer is solely responsible for the content of this announcement.

MoneyFitt

MoneyFitt is a financial wellness platform that helps people cultivate good financial habits and achieve financial freedom. It can be hard to know what takes priority, so we provide actionable guidance and tools to help you make better financial decisions. We believe that everyone deserves access to financial education and resources, regardless of their income or background. Let’s get MoneyFitt.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Creativities Unfold 2023 : Symposium of ideas and creativity

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BANGKOK, THAILAND – Media OutReach – 4 August 2023 – Creativities Unfold 2023 (CU 2023), one of Thailand’s most anticipated international symposiums, is back to serve as a platform to showcase ideas and visions by contemporary thought leaders from Thailand and all over the world. This year, there are 5 Thai and International creative visionaries who will take the stage to share their new perspectives on creativity under the theme “VISIONAIRE : Reminisce -The Way Forward” as follows:

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Jaime Hayon : A Spanish designer who is regarded as one of the contemporary world’s creative visionaries. Topic: Design Follows Function, and Then What?

PP – Pat Pataranutaporn : A technologist, researcher and student at MIT Media Lab who is fascinated by the creative synergy of human power and AI. Topic: Human + AI for the Future of Entertainment & Storytelling

Kentaro Kimura : A Japanese creative visionary in the world’s leading advertising & media industry. An avid traveler who often brings back home new ideas to be transformed into sharp and phenomenal advertising strategies. Topic: Unimagined Cultural Solutions: A Global Journey into The Next Creativity

Stephen Jenner : One of the world’s foremost mass communications expert and a revered advisor in the world film industry and a thought-leader in creative media and film industry. Topic : Mission Possible: The Rise & Rise of the Asia Pacific Screen Industry

Lyndon Neri : An Asia’s architectural marvel who has graced the world with intriguing designs through fascinating architectural designs. His thoughtful process derived from creative in-depth research to transform ideas into forms that respect either functions or contextual references. Topic – Liminality

Creativities Unfold is one of the activities in CREATIVE BUSINESS CONNEXT as an inspiring event to unfold future visions, ignite your creative spark, and expand business opportunities organized by The Creative Economy Agency (Public Organization), or CEA. Besides Creativities Unfold, there are other interesting activities including Creative Business Space – Creative business matching, and CE awards – The first-ever award ceremony to honor creative excellence by CEA.

CEA invites you to join us on an exciting journey of creative businesses and those interested in participating in the Creativities Unfold 2023 event can find out more on Facebook : Creativities Unfold. Tickets can be booked at 1,200 THB for Public and 900 THB for TCDC Member from today – August 24, 2023 via Zipevent or creativebusiness.cea.or.th

Hashtag: #CEA #CreativitiesUnfold2023 #CREATIVEBUSINESSCONNEXT #Creative #Symposium #CreativeIndustry #CreativeBusiness #AI #Architecture #Design #Film #Motion #Creativity #AdvetisingAgency #Media

The issuer is solely responsible for the content of this announcement.

Creative Economy Agency

The Creative Economy Agency (Public Organization), or CEA, was elevated from the Thailand Creative & Design Center (TCDC) in 2018. CEA is a public organization under the direct supervision of the Office of the Prime Minister. Our key mission is to promote and develop Thailand’s creative economy by working in close cooperation with both the private and public sectors to drive our mission and policy forward. CEA also works to develop creative areas and the creative industry by providing knowledge-based resources and creating opportunities for developing creators in both local and regional areas. CEA also strengthens cooperation between different.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.