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Home Blog Page 3654

Nuclear Society of Thailand and Science Society of Thailand address future of Thai energy

National news Thailand

May 20, 2019

BANGKOK, 18th May 2019 (NNT) – The Nuclear Society of Thailand and the Science Society of Thailand have organized a forum to provide information and hear suggestions from the public on the energy 4.0 policy.

At the forum, Dr. Soranit Siltham, Permanent Secretary of the Ministry of Higher Education, Science, Research and Innovation, said the Ministry of Higher Education, Science, Research and Innovation has recognized the importance of energy research with the setting up of the Science Promotion Fund for Research and Innovation, that helps support and enhance the efficiency of energy systems by using the existing infrastructure to reduce electricity production costs.

Meanwhile, Mrs. Sirinat Laoharojjanaphan, Vice President of the Nuclear Society of Thailand, said the Nuclear Society of Thailand has many experts and qualified members who are ready to support research and the role of nuclear energy. There are also projects studying development of the use of nuclear power in economic activities such as agriculture, industry and medicine. Last year, the Nuclear Society of Thailand organized a forum on opportunities and energy choices and the future of Thailand 4.0 era at the regional level in the North, Northeast and the South, to create knowledge and understanding of the main energy sources and alternative energy availibility for people in their daily lives, including those involved in the region. This also allows people to participate in providing suggestions to help determine policies and the country’s future energy policy. A document is being prepared for submission to the government.

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Thailand to become 4th largest production base for EV batteries in Asia

Thailand Business News

May 19, 2019

The booming electric vehicle (EV) market in Thailand is increasingly evident in 2019 as a number of automakers have sought the Board of Investment (BOI)’s incentives to produce EVs here.

KResearch forecasts that the EV market share in the next five years will increase to one-fourth, or 240,000 units, of the total car sales nationwide. Eco-hybrid cars and mild-hybrid vehicles are likely to accelerate the growth in the early stage.

When the EV production is approaching its full capacity in 2023, it is expected that at least 260,000 units of EV batteries will be rolled out to serve the demands in Thailand.

Prospects are bright for export-oriented EV batteries

Moreover, the prospects are bright for export-oriented EV batteries as many car companies have planned to produce EVs in Thailand at a large scale for export. At present, existing production bases of EV batteries in the world cannot produce enough batteries to serve the soaring demand.

Thus, Thailand has emerged as a new production base for OEM and REM batteries for export to countries such as Japan and Thailand’s…

Read the complete story on Thailand Business News

DPM accelerates spending of investment capital

National news Thailand

May 18, 2019

BANGKOK, 17 May 2019 (NNT) – Deputy Prime Minister Somkid Jatusripitak has accelerated the spending of investment capital of five state firms while the national economy has slowed down, adversely affecting export sector.

The deputy premier and Finance Minister Aphisak Tantiworawong held a meeting with executive officials of 19 state firms with huge amounts of investment capital and relevant agencies to accelerate and increase the spending of the respective investment capital during the second and third quarters of this year. In particular, the highly potential state firms have been instructed to help bolster the national economy which may have been affected by domestic and external factors as well as those which have planned to invest on business development projects to upgrade the country’s competitiveness.

The finance minister said a decline in export sector due to the world’s economic recession has prompted the state firms which have a combined 330 billion baht in investment capital to spend more on their respective economic bolstering projects. So far, only about 80 billion baht has been reimbursed while more is to follow in May and June.

Given a fundamental strength, Thailand’s Gross Domestic Product is projected to rise 3.8% this year which remains in the range of a 3-4% growth earlier forecast. However, five state firms have spent less than earlier planned.

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Vietnamese Trade Counselor: benzoic acid still used in some food in Japan

Vietnam Business News

May 18, 2019

The benzoic acid additive that Japanese authorities discovered in Chinsu-branded chilli sauce imported from Vietnam is being used in some food in Japan, according to Vietnamese Trade Counselor in Japan Ta Duc Minh.

Chinsu-branded chilli sauce imported from Vietnam

He revealed the information to correspondents from Vietnam News Agency in Tokyo on April 9 relating to the recent recall of Vietnamese chilli sauce in Japan.

The trade counsellor said that in Japan, additives such as benzoic acid and sodium benzoate are used with a standard content of 2.5 g per kg. The content of benzoic acid in margarine is 1 g per kg; syrup and soy sauce, 0.6 g per kg; and in other confectionery products 1 g per kg.

According to Minh, Japanese authorities only confirmed that benzoic acid additive cannot be used in chilli sauce in the country.

Earlier on March 8, the Bureau of Social Welfare and Public Health of Tokyo Metropolitan Government informed that the food supervisors of Shinjuku City Public Health Centre had recalled all bottles of Chinsu chilli sauce at a sale point in the city after detecting that the product is labelled without providing additives information, violating Japan’s laws on food hygiene and labelling.

The chilli sauce bottles in question were imported from Vietnam on December 7, 2018. They were sold by ISC Industrial Co., Ltd., and imported by an Osaka-based company Javis.

Afterwards, the Osaka City Public Health Centre opened an investigation, which showed that the product contains benzoic acid and sorbic acid.

Minh said the product violated Clause 2, Article 11 of the law on food hygiene in Japan that does not allow the use of benzoic additives in chilli sauce, and infringed on the provisions of the law on food labelling. As a result, the director of Osaka’s health department ordered the importer to recall all related items.

However, in the test results, the maximum amount of benzoic acid in bottles of Chinsu chilli imported into Japan is 0.45 gram per kg. The www.city.osaka.lg.jg site confirmed that a 50kg person can eat 0.56kg chilli sauce (about 0.22 gram Benzoic Acid) every day throughout his life without health being affected.

After Japanese authorities decided to recall Chinsu chilli sauce, the product was still sold on some reputable e-commerce sites in Japan, such as Yahoo! Shopping Japan, amazon.jp, and buyee.jp.

Learning from this lesson, the Vietnam Trade Office in Japan advised businesses to be careful and find out more information about Japanese import regulations.

Minh said that before exporting any product, businesses should exchange with their partners and ask them to provide information related to products such as the consumer market and the legal regulations of Japan.

Food exporters must pay special attention to this issue as Japan has high standards for food safety and hygiene, he stressed. –VNA

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Drought causes fewer blooms in Khon Kaen lotus gardens

National news Thailand

May 17, 2019

BANGKOK, 17 May 2019 (NNT) – The big sale of lotus flowers close to Visakha Bucha day this year may be affected by the drought disaster that has caused fewer lotus to grow and bloom to full size, cutting down the harvest by about half.

Lotus farmers in Sila subdistrict, Khon Kaen province, are now working fast to harvest lotus flowers to customers who have made advance orders for retailing in markets, as the demand for lotus flowers usually grow close to Visakha Bucha day when faithful Buddhists use lotus flowers to pay their respects to lord Buddha and for other religious ceremonies.

The sale of lotus flowers this year are now affected from the drought disaster which caused low reserve water in Ubolrat reservoir, which can no longer supply water into the irrigation network, reducing water level at lotus farms and causing the fewer flowers to bloom and affecting the quality. Farmers can now harvest only 1,000 flowers daily, fewer than the hervest in previous years at 2,000 flowers daily. Fortunately, rainfalls last week have raised water level at farms, however it remains uncertain how much more rain will come.

The reservoir at Ubolrat Dam currently holds 544 million cubic meter of water at 24 percent its capacity. The water at reservoir’s floor has been used by some 12 million cubic meter. The reservoir is discharging water at 500,000 cubic meter daily. The water flowing in from upstream throughout this week remain minimal despite the rain. The water management committee will be holding a meeting following up water situation once the rainy season comes.

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Almost 500,000 units for sale in Bangkok (Government Housing Bank) – Real Estate

Thailand Business News

May 17, 2019

For housing in Bangkok and its vicinity, those who want to buy a house should be able to smile this year due to many house and condominium promotions.

According to information from the Government Housing Bank (GHB), there are nearly 1,600 residential projects in Bangkok and its vicinity which have not been sold up.

500,000 units for sale in Bangkok

Mr. Wichai Wiratkaphan, Acting Director of Real Estate Information Center, GHB, said the survey on the supply of and demand for residential projects that are being sold during the second half of 2018 in Bangkok and its vicinity found that there were 1,597 projects, almost 500,000 units, under sale, an increase of 7.7 percent from the same period in 2017.

They are mostly in a group of housing and condominium projects.

This reflects that the real estate business in 2018 has obviously recovered thanks to the government’s economic stimulus measures, competition in housing loans of financial institutions and supporting factors from economic growth.

The ownerships of over 360,000 units, worth over eight billion baht, were transferred throughout the country in 2018.

However, the outlook of the real estate business across the country in 2019 is likely to shrink slightly to wait for the new government’s economic policy and clarity of the economic condition in the country.

Demand for housing has decreased

This is a sign that the demand for housing has decreased. The demand for residential projects, both houses and condominiums, launched during the past 1-2 years, under sale and construction is still relatively high.

Therefore, real estate entrepreneurs need to focus on the existing supply of and demand for the housing market before adjusting their business plan. But on the other hand, it is considered good for…

Read the complete article on Thailand Business News

OPCD submits report to World Bank research team

National news Thailand

May 16, 2019

The Office of the Public Sector Development Commission (OPDC) has submitted a report on Thailand’s growth in 10 stages to a research team from the World Bank. The information will be used for the World Bank’s Ease of Doing Business Report for next year.

The OPDC Secretary-General, Pakorn Nilprapunt, said the World Bank’s research team will collecting two types of information, including opinions of legal and financial consulting firms and interviews with government agencies. This year, Thailand has advanced in all aspects, particularly the use of electronic system to enhance various functions, reduce paperwork, and facilitate the workflow by eliminating redundant tasks. As a result, businesses have lower expenses, and the cost of electricity has decreased from 77,050 baht to 2,500 baht. Thailand has also developed business platforms to support people who want to become entrepreneurs.

The World Team’s research team is conducting interviews with different government agencies to gather more information about the business environment in Thailand, and this would increase investment confidence in the country. The research team will measure the services provided by the government, ranging from starting a business to resolving insolvency. The 10 stages include starting a business, dealing with construction permits, getting electricity, registering property, obtaining credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. The World Bank will use these information to complete its Ease of Doing Business Report for 2020.

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The Seasons Episode 7: The Colours of a Day

Tourism Authority of Thailand

May 15, 2019

TAT Newsroom Short Documentary
The Seasons Episode 7: The Colours of a Day
Duration: 3 Minutes
Location: Thale Noi, Phatthalung

EPISODE SYNOPSIS

Thale Noi, a freshwater lagoon in Khuan Khanun district of the Southern Thai province of Phatthalung, is one of the most biodiverse sites in Thailand. The low-lying area surrounding the lagoon is teeming with various hydrophyte species. Rice paddies and peat swamp forests produce an abundance of aquatic plants like sedge and floating moss, a source of food for water birds. More than 280 species of aquatic birds gather at Thale Noi.

In summer, around April, hundreds of thousands of aquatic birds migrate to this lagoon, where they are greeted with millions of water lilies in full bloom.

Thale Noi is known not only as a paradise for birdwatchers, but also as a much-cherished site for tourists keen on adventure or boating. This is because Thale Noi is one of Thailand’s most recognised nature and wildlife study sites, so rich in biodiversity that it is listed as a globally important wetland, or a Ramsar Site.

Today, local inhabitants still pursue their traditional way of life. Every morning, local fishermen are at their lift nets to collect their catch of fish and sell them at the market. At the same time, some families take their buffaloes to feed in a peat swamp forest. When dusk falls, local housewives will row their little boats out to collect sedge stems, which they use for their handicraft material. For these villagers, Thale Noi is their second home, which they need to protect to the best of their ability.

About “The Seasons”

“The Seasons Episode 7: The Colours of a Day” is part of the 12- episode travel documentary series that reveal the untold stories of the unique way of life of the Thai people and the amazing scenery of natural attractions in different regions. There are four episodes for each of the three seasons that Thailand has in a year: rainy, cool and summer.

“The Seasons” follows the TAT Newsroom’s inaugural seven-part travel documentary series, titled ‘Insight Thainess’, to promote Thai values through the country’s unique way of life.

Read the complete story here