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Bangkok, Thailand — December 19, 2019

Bangkok Bank Public Company Limited announced that the Bank has entered into a conditional share purchase agreement with Standard Chartered Bank and PT Astra International Tbk to acquire their aggregate 89.12% shareholding in Indonesian bank PT Bank Permata Tbk. The Transaction is expected to close within 2020. Bangkok Bank anticipates conducting a mandatory tender offer for the remaining 10.88% stake in Permata following the completion of its acquisition of the 89.12% stake.

Photo shows: Bangkok Bank’s senior executives, led by Deja Tulananda (center), Executive Chairman; Chansak Fuangfu (2nd left), Executive Director And Senior Executive Vice President; Charamporn Jotikasthira (2nd right), Executive Director; Chaiyarit Anuchitworawong (far rifht), Senior Executive Vice President; and Thaweelap Rittapirom (far left), Executive Director and Executive Vice President, announced the bank’s plan to acquire Indonesia’s Bank Permata.

, Promoting Partnership in the Gas Operation Technology Development in the U.S.

Recently, Mrs. Somruedee Chaimongkol, Chief Executive Officer of Banpu Public Company Limited, a leading integrated energy solutions company in Asia-Pacific as a representative of BKV Operating, LLC, a joint venture company of Banpu operating the shale gas business in the U.S. has presented USD 20,000 fund to Pennsylvania College of Technology which Banpu and Kalnin Ventures LLC have been partnering as part of the field technology development since May 2019. The College has a laboratory with many parts of well’s operating equipment. Throughout the period, Banpu is committed to a good corporate citizenship policy and pays high attention to corporate social responsibility in every country where it operates.

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About BANPU

Banpu Public Company Limited is a leading integrated energy solutions company in the Asia Pacific operating 3 core group of businesses – energy resources, energy generation, and energy technology – in 10 countries: Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Singapore, Japan, the United States of America and Vietnam.

7 January 2020, Goodwood

Annual sales of 5,152 units are the highest in the marque’s 116-year history
Sales reflect growth of 25% on 2018’s previous record of 4,107
Significant sales growth recorded in all regions worldwide
Exceptional customer demand for Cullinan and Black Badge models supports strong and steady demand across all product families
Spectacular Bespoke commissions and Collection Cars reaffirm Rolls-Royce’s status as the world’s foremost manufacturer of super-luxury products
Significant new investment in manufacturing plant at Goodwood and new jobs created to meet expanded global demand
Record number of Apprenticeship Programme recruits in 2019

Rolls-Royce Motor Cars has delivered a historic annual sales record in 2019, with a global performance unequalled in the company’s 116-year history. A total of 5,152 cars were delivered to customers in over 50 countries around the world, an increase of 25% on the previous high set in 2018. With these historic results, Rolls-Royce continues to make a meaningful contribution to the overall performance of its shareholder, BMW Group.

Commenting on the results, Torsten Müller-Ötvös, CEO, Rolls-Royce Motor Cars, said: “This performance is of an altogether different magnitude to any previous year’s sales success. For any manufacturer to deliver growth of 25%, in any year, would be a remarkable achievement: to do so in the face of strong headwinds and growing global uncertainty is, I think, a feat without precedent. It is a ringing testament to the quality and integrity of our products, the faith and passion of our customers and, above all, the skill, dedication and determination of our exceptional team at Goodwood and around the world.”

Worldwide Sales Growth

Sales grew across all regions during the year, driven by strong customer demand for all Rolls-Royce models. The company reported record sales in every one of its key global markets, with North America retaining top status (around 33% of global sales) followed closely by China (sales up 25% on 2018). Individual countries that achieved record sales results included Russia, Singapore, Japan, Australia, Qatar and Korea.

In 2019, Rolls-Royce motor cars were sold in more than 50 countries worldwide through a global network of dealerships. As part of its commitment to long-term sustainable growth, Rolls-Royce announced two new dealerships during 2019 – Rolls-Royce Motor Cars Brisbane and Rolls-Royce Motor Cars Shanghai Pudong - bringing the total to 135 dealerships worldwide.

In Thailand, Rolls-Royce showed positive growth in sales throughout 2019. This was a result of sustained interest across the model range, and exciting customer demand for Cullinan.

Rolls-Royce Motor Cars Bangkok, the only authorised importer for the super-luxury marque in Thailand, capped off the year with the stunning reveal of Wraith Eagle VIII, a highly-Bespoke creation from Goodwood homologated specifically for Thailand with a full regional warranty and a suite of aftersales support.

All Models Achieved Global Growth Records

Phantom retains its rightful place as the company’s pinnacle product, with Dawn and Wraith continuing to dominate in their respective sectors; strong demand was experienced for all three models during the year. Cullinan, the marque’s astounding new SUV, successfully translated the media plaudits and public acclaim of 2018 into the largest advance order book and fastest post-launch sales growth of any Rolls-Royce model in history.

The fervour throughout the year around the arrival of Cullinan was matched only by the media and public sensation that was occasioned by the launch of Cullinan Black Badge, “The King of the Night”, in November. This completed the Black Badge family of unapologetic, dynamic products created for an emerging generation of super-luxury consumer; people who refuse to be defined by traditional codes of luxury, follow their own path and make their own rules.

Every inch a Rolls-Royce, delivering luxury in its most distilled form, Cullinan Black Badge offers new degrees of attitude and performance to these younger, highly discerning and demanding customers.

Farewell to Ghost – But Not for Long!

2019 marked the end of Ghost production after 11 years of uninterrupted commercial and critical success. Since its launch at the Frankfurt Motor Show in 2009, Ghost has established itself as an undisputed modern classic.

The most popular Rolls-Royce model of the Goodwood era, Ghost attracted to the Rolls-Royce brand a new audience of younger, often self-made, entrepreneurial customers. An extended wheelbase version was introduced in 2011 and an updated Ghost Series II was unveiled in Geneva in 2014. The last Ghost of the current generation left the Goodwood production line in late 2019.

Ghost’s successor, due for launch in 2020 after five years in development, will elevate the Ghost name, and the company itself, to new heights of perfection and ambition in design, engineering, materials and driving dynamics.

Bespoke: The Jewel in the Crown of Rolls-Royce

Global demand for Rolls-Royce Bespoke reached a new peak in 2019. The Bespoke collective at The Home of Rolls-Royce in Goodwood, West Sussex, comprises of several hundred creative designers, engineers and craftspeople.

These highly talented people take enormous pride in fulfilling unprecedented levels of customer requests for Bespoke personalisation features and details, and delivering on spectacular individual commissions such as Rose Phantom.

Undisputed global leaders in their pursuit of perfection, the Bespoke Collective captured the imagination of customers, enthusiasts, media and fans alike in 2019 with some of the most spectacular Collection cars ever created in the history of the brand. Bespoke IS Rolls-Royce!

An Expanding Family

At more than 2,000 strong, with over 50 nationalities represented, the workforce at the Home of Rolls-Royce is now at its largest since the opening of Rolls-Royce’s global centre for luxury manufacturing excellence, in 2003.

Confidence in the future

The year saw significant new investment in the manufacturing plant at the Home of Rolls-Royce at Goodwood, reaffirming both the company’s commitment to its UK operations and its buoyant outlook for the years ahead.

In closing, Mr Müller-Ötvös said, “There is no other company like Rolls-Royce: we are all conscious of what a privilege it is to design, build and deliver the best car in the world for our customers. PersonalIy, I continue to feel honoured and humbled to have led this great company for the past decade.”

- Ends -

Editors’ notes:

Rolls-Royce Motor Cars is a wholly-owned subsidiary of the BMW Group and is a completely separate company from Rolls-Royce plc, the manufacturer of aircraft engines and propulsion systems. Over 2,000 skilled men and women are employed at the Rolls-Royce Motor Cars’ head office and manufacturing plant at Goodwood, West Sussex, the only place in the world where the company’s super-luxury motor cars are hand-built.

Further information:

You can find all our press releases and press kits, as well as a wide selection of high resolution, downloadable photographs and video footage at our media website, PressClub. You can also find the communications team at Rolls-Royce Motor Cars on Twitter and Instagram

Rolls-Royce Motor Cars Bangkok

The sole authorised Rolls-Royce Motor Cars dealer in Thailand is operated by Goodwood Autowork Co., Ltd.

Through the sole authorised dealer, a Rolls-Royce owner will receive support and advice on all aspects of their motor car and a comprehensive four-year ownership package, including unlimited mileage warranty, service inclusive package and roadside assistance, access to Rolls-Royce genuine parts and regular software updates.

Rolls-Royce Motor Cars Bangkok personnel are the only official Rolls-Royce trained technicians in Thailand. They have access to the most innovative diagnostic service equipment available, and regular, ongoing training means they are always on top of the latest technology.

CIMB Thai Bank stated that the bank has obtained approval from the Bank of Thailand for the appointment of Mr. Tan Keat Jin as Head, Consumer Banking of CIMB THAI Bank effective since 2 January 2020.

Keat Jin, has over 22 years’ experience in the areas of strategy, business transformation and large-scale programme management across a multitude of financial services institutions including Accenture, Bank Negara Malaysia (Central Bank of Malaysia) and CIMB Group.

Prior to this appointment, Keat Jin held the position of Head, Strategy and led the bank-wide Fast Forward programme with positive progress and impact to CIMB THAI in 2018 to early-2019.

On April 2019, Keat Jin was appointed as Deputy Head, Consumer Banking. During his tenure as Deputy Head, Consumer Banking, Keat Jin has championed the reorganization and strengthening of the Consumer Banking team to drive better alignment and accountability in its agenda to become a Digital Bank.

Keat Jin graduated with a Bachelor of Engineering degree from the University of London, and also a Master of Business Administration from the University of Bath in England.

The areas in the Bangna neighborhood, have been shift from industrial area to a thriving residential and commercial hub. Now being dubbed as the "Greater Bangna Area" by the real estate development community locations such as Lat Krabang road, Onnut-Lat Krabang Heading to Chachernsoa province, Preng-SiamPolo, A long Suvarnabhumi Water Transfer , Bangbor, Bangplee, Kingkaew, Suwintawong Road, heading to Prajenburi province ) Old 100 year Market, Srivaree Noi road connect to Outer Ring Kanchanapisek, Motorway

Amritanshu Roy, COO of Greenfield Advisory, Greenfield in joint venture with Fulcrum Ventures has already launched a project named PANARA in Thepharak. has analyzed the location of the economic rising star zone "Bangna" quite interesting.

Golden Opportunity for Real-estate Developer

Several developers have accumulated large tracts of land in these areas. Many integrated retail-cum-commercial as well as residential detached housing projects in the affordable premium segment are upcoming in the area. The Greater Bangna area has the potential to grow and expand at a healthy pace, according to Mr.Teerawit Limthongsakul, Managing Director of Nexus Real Estate Advisory

The rise of the Greater Bangna area to prominence, can be attributed to its strategic geographic location – at the start of the Eastern Economic Corridor (EEC); the speedy connectivity is another reason and the upcoming incredible support infrastructure in terms of mega-commercial complexes & malls; prominent international schools; Grade A Multi-Speciality hospitals, hotels, exhibition centre, amusement & water parks etc.

Connectivity Zone & Masstransit Hub

Owing to the easy access to both the Eastern Seaboard and central Bangkok - the Greater Bangna area has been the prime industrial hub. The establishment of the Eastern Economic Corridor (EEC) has reinforced this trend. EEC connects to three key provinces which are home to 12 advanced industries. A lot many Industrial Parks, logistics companies and distribution hubs are based in the Greater Bangna area, making it a major employment source

The Greater Bangna area already has a great connectivity with other parts of the city via the Green Line as well as through the Bang Na-Trat which links Sukhumvit and Srinakarin roads and the Chalerm Mahanakorn Expressway. The area is looking to get a boost with enhanced connectivity and convenience due to some of the key developments such as

The New 30.4 Km Yellow Line which is due to complete in 2021 and will run from BTS Samrong to Lat Phrao in North Bangkok. Once completed, New Yellow Line will connect the Greater Bangna to the entire North Bangkok area.
The Light Rail Bangna-Suvarnabhumi Line – which will connect the current Green Line (Sukhumvit Line) at BTS Bangna to Suvarnabhumi will run along Bang Na-Trat Road and have a total of 14 stations.
The Eastern Bus Terminal - the main bus and minivan station linking Bangkok to Thailand's Eastern Provinces – is getting relocated in the Greater Bangna area from its current site at Ekamai on Sukhumvit Road.
High-Speed Train connecting 3 airports by same structure & direction of the Airport Rail Link, with two conjunction from Phayathai Station - Don Mueang Airport. And from Lat Krabang Station – -Tapao Airport, Total 220 km distance In total of 9 stations, including Don Mueang, Bang Sue, Makkasan, Suvarnabhumi, Chachoengsao, Chonburi, Si Racha, Pattaya and U-Tapao Station.

Incredible Support Infrastructure

The location in the Greater Bangna has evolved with a full range of support infrastructure facilities. There are multiple existing and upcoming mixed-use mega projects in the area offering a wide range of shopping and leisure experiences thus enhancing the quality of lifestyle for the residents in the neighborhood. Developments such as the Bangkok Mall; Central Village; Megacity Bangna; Siam Premium Outlets Bangkok; The Forestias; will inevitably continue to transform Greater Bangna into an important hub. The area is also preferred by many because of the many prestigious international schools around the greater Bangna Area. Schools such as Bangkok Patana School, Thai-Singapore International School, Berkeley International School, St Andrews International School, Concordian International School, Didyasarin International Preparatory School, Thai-Chinese International School and St Joseph Bang Na School, among others are playing a big role.

The resulting real estate demand

With its continued urban infrastructure developments and the resulting transformation, the area is appealing to many young families and investors. There are numerous townhouse and detached housing developments upcoming in the neighborhood. Several developers such as Sansiri, Fulcrum, Land and Houses Plc, LPN Development Plc, Ananda Development Plc, Property Perfect Plc, Sena Development Plc have either already launched projects in the area or are in process.

As per the DDproperty Property Market Outlook 2019 report - the prices of townhouses in Bangna increased by almost 9% between 2017-2018, second only to the 10% increase in Sathorn.

"Greater Bangna has already become another hot destination for residential townships and this is getting reflected in the real estate prices in the area. High level of absorption is another positive. These factors are showing the emergence of Greater Bangkok as a preferred destination for home buyers," says Amritanshu Roy, COO of Greenfield. Greenfield in joint venture with Fulcrum Ventures has already launched a project named Panara in Thepharak. Fulcrum is exploring opportunities to invest in the Lat Krabang area of the Greater Bangna Region.

Conclusion

The new employment opportunities upcoming in the Eastern Bangkok & Suvarnabhumi area as well as a premium attached to living close to work, are creating a high real estate & infra development activity in the area. Government has kick started some of the vital urban infrastructure projects. These upcoming projects are providing a fresh set of opportunities for real estate development. The real estate developers have aligned their investment plans with this new opportunity. Multiple support infrastructure in terms of retail, schools, hospitals, etc. as well as integrated residential townships are now upcoming in the Greater Bangna, making it gradually appealing to middle income and upper middle income families that are looking to buy bigger and better accomodation with quality lifestyle.

Jetts 24 Hour Fitness, the fastest-growing fitness chain in Thailand, now has a total of 22 clubs up and running in the country in a testament to its philosophy of bringing exercise opportunities to people with the utmost ease of convenience. Thailand’s leading 24-hour fitness chain is bullish on its ambitious 5-year growth plan by help of innovative exercise solutions that suit various lifestyles, fitness needs and demographics.

“We have embarked on a journey of fast-paced expansion in Thailand since early 2018 and continue to adhere to a forward-looking growth plan. As a result, we already have a total of 22 clubs up and running with a dozen more in the works,” said Michael David Lamb, Asia CEO of Jetts 24 Hour Fitness. “With 17 clubs in Bangkok, 2 in Nonthaburi, 2 in Pattaya and 1 in Korat, we are the fastest-growing fitness operator in Thailand with the unmatched expansion capability of an average of one new club per month. This is record-breaking growth in the history not only of the Thai fitness industry, but the entire Asian region. We are the largest 24-hour fitness chain in the country with a market share of 60%, and will shortly have more clubs than any other operator.”

A recent study shows that over 70% of health club members in Bangkok go to the gym 2-6 times a week, reflecting that city people appreciate an easily accessible gym that is available in their daily touchpoints such as work, school, and home. Jetts has already covered the city center of Bangkok and is now aggressively expanding into the suburbs as well as other densely populated provinces to be closer to people's homes and even better meet their needs.

“Looking forward, we plan to open no fewer than 12 new clubs a year, but the reality is that it could be 16-18 clubs a year based on our current rate. With a focus on prime locations that provide easy access from BTS and MRT stations, all of our clubs are situated in densely populated commercial and residential areas in Bangkok and major provinces across Thailand,” Lamb said. “In the first half of 2020, we will open 10 new clubs, with 7 in Bangkok, 1 in Chiang Mai, 1 in Phuket and another 1 in Korat making for a total of 32 clubs across Thailand. We believe, as we previously said, that a total of 100 clubs in Thailand in 5 years is eminently within reach.”

The 7 new clubs in Bangkok are all conveniently located along BTS and MRT lines. They include Donki Mall club near BTS Ekamai, Victory Hub club near BTS Victory Monument, I’m China Town club near MRT Wat Mangkon, Index Living Mall club on Rama II Road and SJ Infinite club near MRT Jatujak and BTS Mochit. Apart from Bangkok, the chain’s new club in Phuket is located in Central Festival, the new club in Chiang Mai is at One Nimman, a leading lifestyle destination in the heart of Chiang Mai town, and the second club in Korat is at Save One.

“Jetts understands that fitness is a commodity and many people love to engage in a variety of physical activities. We have incessantly been sharpening our competitive edges so as to differentiate ourselves through top-of-the-line performance equipment for solo gym days, while still offering packed schedules with a great variety of group exercises,” said Lamb.

With today’s fast-paced lifestyles across a wide demographic landscape, Jetts is catering to an increasing number of time-constrained and variety-seeking adults as well as older people who remain active and physically fit. Jetts strives to introduce new fitness solutions that fit the needs of all its various members, such as fitness programs for older adults that incorporate proper care and level of intensity for safe and effective physical health exercises.

Jetts Thailand is part of the Fitness & Lifestyle Group (“FLG”). FLG is the Asia-Pacific's leading diversified health and wellness group. With 8 brands and over 500 locations across Australia, New Zealand and South-East Asia, FLG helps over 1,000,000 members to live healthier and more active lives. In addition to its physical health clubs, FLG is also a leader in on-demand digital health and fitness programs.

For more information please visit Jetts 24 Hour Fitness Thailand Facebook: JettsThailand, or contact each Jetts club: Suanplern Market (Rama 4) tel. 064 218 3387 | The Scene (Town in Town) tel. 097 003 6897 | Nawamin City Avenue (Kaset-Nawamin) tel. 097 006 9628 | Stadium One (BTS - National Stadium) tel. 095 849 4375 | The Phyll (BTS - On Nut) tel. 095 852 0014 | Silom Connect (BTS - Chong Nonsi) tel. 095 851 9310 | The Street (MRT - Cultural Stadium) tel. 095 851 9312 | FYI Center (Khlong Toei) tel. 091 770 1816 | Sena Fest (Charoen Nakhon) tel. 091 770 1817 | HomePro (Ratchaphruek) tel. 091 770 1819 | Parc 39 (Phrom Phong) tel. 064 302 7695 | SP Building (Ari) tel. 064 302 7697 | Gateway (Bangsue) tel. 064 302 7696 | Cosmo Bazaar (Muang Thong Thani) tel. 064 302 0603 | Little Walk (Pattaya Klang) tel. 064 302 0601 | Royal Garden Plaza (Beach Road Pattaya) tel. 064 302 0602 | Market Place (Dusit) 064 302 0604| Terminal 21 (Korat) tel. 063 850 2548 | Asoke (BTS Asoke) tel. 063 850 3316 | I'm ChinaTown (MRT Wat Mangkon) 063 835 8983 | MS Siam (Rama 3) 063-835-9280 | Victory Hub (BTS Victory Monument) 095 586 8785

28% of all organizations worldwide were impacted by malicious multi-purpose botnets, while the rise of 20% of incident response cases were targeted ransomware attack

CPX BANGKOK, Thailand – January 15, 2020 -- Check Point Research, the Threat Intelligence arm of Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has published its 2020 Cyber Security Report. The Report highlights the main tactics cyber-criminals are using to attack organizations worldwide across all industries, and gives cyber security professionals and C-Level executives the information they need to protect their organizations from today’s fifth-generation cyber-attacks and threats.

The 2020 Security Report reveals the key attack vectors and techniques observed by Check Point researchers during the past year. Highlights include:

Cryptominers still dominate malware landscape – Even though cryptomining declined during 2019, linked to cryptocurrencies’ fall in value and the closure of the Coinhive operation in March, 38% of companies globally were impacted by crypto-miners in 2019, up from 37% in 2018. This is because the use of crypto-miners remains a low-risk, high-reward activity for criminals

Botnet armies surge in size – 28% of organizations globally were hit by botnet activity, an increase of over 50% compared with 2018. Emotet was the most common bot malware used, primarily because of its versatility in enabling malware and spam distribution services. Other botnet actions such as sextortion email activity and DDoS attacks also rose sharply in 2019.

Targeted ransomware hits hard – While the number of impacted organizations is relatively low, the severity of the attack is much higher – as seen in 2019’s damaging attacks against U.S. city administrations. Criminals are choosing their ransomware targets carefully, with the aim of extorting the maximum revenue possible.

Mobile attacks decline – 27% of organizations worldwide were impacted by cyber-attacks that involved mobile devices in 2019, down from 33% in 2018. While the mobile threat landscape is maturing, organizations are also increasingly aware of the threat, and are deploying more protection on mobiles

The year Magecart attacks became an epidemic – These attacks which inject malicious code into e-commerce websites to steal customers’ payment data hit hundreds of sites in 2019, from hotel chains to from commerce giants to SMBs, across all platforms.

Rise in cloud attacks – Currently more than 90% of enterprises use cloud services and yet 67% of security teams complain about the lack of visibility into their cloud infrastructure, security, and compliance. The magnitude of cloud attacks and breaches has continued to grow in 2019. Misconfiguration of cloud resources is still the number one cause for cloud attacks, but now we also witness an increasing number of attacks aimed directly at cloud service providers.

“2019 presented a complex threat landscape where nation states, cybercrime organizations and private contractors accelerated the cyber arms race, elevating each other’s capabilities at an alarming pace, and this will continue into 2020,” said Evan Dumas, Regional Director, South East Asia, Check Point Software Technologies Ltd. “Even if an organization is equipped with the most comprehensive, state-of-the-art security products, the risk of being breached cannot be completely eliminated. Beyond detection and remediation, organizations need to adopt a proactive plan to stay ahead of cybercriminals and prevent attacks. Detecting and automatically blocking the attack at an early stage can prevent damage. Check Point’s 2020 Security Report shares what organizations need to look out for, and how they can win the war against cyber attacks through key best practices.”

Check Point’s 2020 Security Report is based on data from Check Point’s ThreatCloud intelligence, the largest collaborative network for fighting cybercrime which delivers threat data and attack trends from a global network of threat sensors; from Check Point’s research investigations over the last 12 months; and on a brand new survey of IT professionals and C-level executives that assesses their preparedness for today’s threats. The report examines the latest emerging threats against various industry sectors, and gives a comprehensive overview of the trends observed in the malware landscape, in emerging data breach vectors, and in nation-state cyber-attacks. It also includes expert analysis from Check Point’s thought leaders, to help organizations understand and prepare themselves for today’s and tomorrow’s complex threat landscape.

For more details download the full report or read the blog.

Follow Check Point via:
Twitter: http://www.twitter.com/checkpointsw
Facebook: https://www.facebook.com/checkpointsoftware
Blog: http://blog.checkpoint.com
YouTube: http://www.youtube.com/user/CPGlobal
LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of cyber security solutions to governments and corporate enterprises globally. Check Point’s solutions protect customers from 5th generation cyber-attacks with an industry leading catch rate of malware, ransomware and advanced targeted threats. Check Point offers a multilevel security architecture, “Infinity Total Protection with Gen V advanced threat prevention”, this combined product architecture defends enterprise’s cloud, network and mobile devices. Check Point provides the most comprehensive and intuitive one point of control security management system. Check Point protects over 100,000 organizations of all sizes.

Corporate Innovation Summit 2020 returns to Bangkok, Thailand, on April 1 - 3, 2020. Hosted by RISE and featuring more than 240 hands-on workshops run by world-class thought leaders, it is Asia’s Largest Experiential Conference.

RISE is a Corporate Innovation Powerhouse with the bold mission to drive 1% of GDP for Thailand and Southeast Asia. According to RISE’s Corporate Innovation in Asia Report, 7 out of 10 corporate executives view that disruption is imminent and inevitable. However, only 3 out of 10 people think their organizations have clear innovation plans in place. “At the present time, innovation has been at the top of the agenda for most organizations. What organizations need for driving innovation is not just knowing about those mindsets, skill sets, and toolsets, but learning how to execute the innovation,” said Dr. Kid Parchariyanon, CEO and Co-founder of RISE.

Corporate Innovation Summit has more workshops than talks with a format designed to empower leaders with the skillsets mindsets, and toolsets to innovate. Founder RISE aspires to create a movement that transforms Thailand and Southeast Asia from the ground up through real business transformation. This year Corporate Innovation Summit builds upon the success of over 4,000 CEOs and Top Executives from around the world joining CIS 2019. CIS 2020 will feature 240+ hands-on workshops, allowing the attendees to learn hands-on and have immersive experiences of doing it themselves. CIS will be organized around five key themes - Corporate Innovation, Future of Work, Deep Technology, Creative Innovation, and Social Innovation and Sustainability - where executives can converge and take masterminds from leaders behind these global movements.

Besides the interactive workshops, other aspects of this experiential summit include keynote talks, panelist discussions, and networking with innovation experts and business problem-solvers. 20,000+ innovative professionals, executives, business leaders, tech leaders, and fast-growing organization representatives will converge from all over the globe to be part of this collaborative movement.

For Corporate Innovation Summit 2020, RISE not only expects the attendees to bring back new and actionable mindset, skillset, and toolset to implement within their organizations, but also aspires for the Corporate Innovation Summit to become its flagship event and a driving force to transform Thailand and Southeast Asia into a global destination for business and innovation.
If you are interested to learn more about CIS 2020, please visit our CIS 2020 official website at cis.riseaccel.com.

Here are the first batch confirmed innovators:

Eric Ries, New York Times Bestselling Author, The Lean Startup
Ed Catmull, Co-founder and Former President, PIXAR
Austin Kleon, New York Times Bestselling Author, Steal Like An Artist
Mary McBride, Chair of Design Management, Pratt School of Art
Kotchakorn Vorrakhom, CEO and Founder, LANDPROCESS / Porous City Network
Artak Melkonyan, COO, UNDP SDG Innovative Finance
Andreas Weigend, Director, Social Data Lab / Former Chief Scientist, Amazon
Alvin Tse, General Manager, Xiaomi Indonesia
Rashmi Sharma, Global Learning & Wellbeing, Unilever (SEA & ANZ)
Dror Shaked, SVP Business Development, Wix.com
Kinari Webb, Founder, Health In Harmony
Em Roblin, Co-Founder, Inner Circles
Patrik Sandin, Chairman, The Natural Step

List of some highlight workshops:

Lean Startup In-depth for Practitioners

Pixar's Creative Process for Innovative Content

Mission 2050: Designing Smart and Soft Cities

Steal Like An Artist

Radical Listening for Sustainable Innovation

Startup Investment 101

Let's Dive into Design Sprints

The Responsibility Process® Leading and Coaching workshop

Unlearn: Let Go of Past Success to Achieve Extraordinary Results

Inclusive Leadership: How You Can Maximize Innovation by Unleashing People’s Full Potential

Rapid Ideas Generation for New Products and Services
How Corporate Jumpstart Innovation to Drive Sustainability Impact?

Bangkok, 16 January 2020 - The Board of Directors of Total Access Communication PCL or dtac has appointed Sharad Mehrotra as new CEO. Sharad Mehrotra currently serves as CEO of Telenor Myanmar. He is replacing Alexandra Reich, who is seeking new leadership opportunities.

“I am very pleased to welcome Sharad Mehrotra as dtac’s new CEO. With his vast experience from mobile operations in highly competitive markets, he brings insights and knowledge which I am convinced will serve dtac and its customers well. dtac is currently on a strong positive trajectory and I look forward to supporting Sharad Mehrotra and the dtac team as they continue to strengthen the company’s market and financial performance going forward,” said Boonchai Bencharongkul, Chair of dtac Board of Directors.

Sharad Mehrotra joined Telenor twelve years ago and has served in senior management positions across Asia, as CEO of Telenor India and most recently as CEO for Telenor Myanmar. Prior to becoming CEO of Telenor India, he held the position as Head of Distribution for Telenor in Asia, based in Thailand. Before joining Telenor, Sharad Mehrotra served in companies such as Ericsson, Aircel and BPL Telecom in India.

“I am very excited to return to Thailand and join the dtac team on its journey to never stop improving on customers’ service and network experience. This is an important time to advance Thailand’s digital ambitions and I look forward to being part of these efforts and connecting dtac’s customers to what matters most to them,” said Sharad Mehrotra.

Sharad Mehrotra holds a BE degree in Electronics engineering from Pune University and an MBA in marketing management.

Thanking Alexandra Reich for her contributions as CEO of dtac, Boonchai Bencharongkul, Chair of dtac Board of Directors, said:

“Alexandra Reich made a personal commitment to never stop doing what is right for our customers and managed to turn dtac around in a very challenging market. On behalf of the Board, I would like to extend my gratitude to Alexandra for her achievements which are reflected in dtac’s financial performance, share price development and through the appreciation from customers, employees and stakeholders. I am confident we now have a solid foundation for sustainable growth.”

“I leave dtac full of pride for what we have achieved in the last year and a half. We secured the transition from concession to license and together we were able to initiate a turnaround of the business. Today dtac is on the right path for future growth, with an improved network experience and a renewed customer focus. It has been an amazing experience for me to work with the dtac team as well as all stakeholders in Thailand, and I am very grateful for the time spent in this wonderful country. Now it is time for me to keep learning and exploring new opportunities,” said Alexandra Reich.

The change is effective on 1 February 2020.

Bangkok, B.GRIMM POWER – ENERGY CHINA CONSORTIUM consists of B.Grimm Power Plc (BGRIM) together with China Energy Engineering Group Shanxi Electric Power Engineering Co., Ltd. (Energy China) have signed a EPC contract to build the World's largest hydro-floating solar hybrid project for the Electricity Generating Authority of Thailand (EGAT).

Under the Power Development Plan B.E. 2561-2580 (PDP2018), the first Hydro-Floating Solar Hybrid Project has been implemented by EGAT at Sirindhorn Dam. B.GRIMM POWER – ENERGY CHINA CONSORTIUM as selected bidder with the deal worth over 842 million baht, will construct and install a 45-MW Solar Power Plant on water surface combines with existing Hydropower of EGAT.

Implementing this Project is an important co-friendly energy scheme that will encourage and strengthen the kingdom's security of power supply.

EGAT's Director Gen.Somsak Rungsita Deputy Permanent Secretary for Defence representing EGAT Board of Directors presided over the signing ceremony which was inked by Mr.Thepparat Theppitak, EGAT Deputy Governor (Power Plant Development and Renewable Energy), BGRIM Chairman Dr. Harald Link, BGRIM CEO Mrs. Preeyanart Soontornwata, and Mr. Wang Xinping, Chairman of Energy China at the Centara Grand at Central Plaza Ladprao Bangkok.

Gen.Somsak said the scheme of this Project creates synergy between solar and hydro power, representing an important step in the development of green energy in Thailand and resolve an uncertain electricity supply from renewable energy.

This Project’s development is consistent with the government's policy to support electricity production from renewable energy and reduce dependence on fossil fuels for electricity generation according to the current Power Development Plan of Thailand (PDP2018).

Mr.Thepparat said that the Hybrid Hydro- Floating Solar for Sirindhorn Dam combine with solar power plant generate power from sunlight during the day along with hydropower controlling power output by the Energy Management System (EMS) allow continuous generation of electricity which will enhance reliability of the country's overall power supply.

In the future, an energy storage system would potentially be applied with the project to increase more reliable for renewable energy production.

The solar panels selected for the Project are crystalline double glass module which is suitable for being installed on the surface of the water, also the solar panels, inverters and cables will be installed on HDPE plastic floating platform, with UV resistance ability, eco-friendly which is not dangerous to the environment and aquatic animals. The project will be installed cover the surface area over 450 rai with low cost of investment by sharing facilities with the existing transmission system, transformers, and high voltage substations etc.

The Project is expected to complete with 12 months from now and commercial operation date (COD) being set in December 2020.

BGRIM Chairman, Dr. Link said that entering into this contract marks another milestone for BGRIM to demonstrate its potential in engaging all dimensions of energy development.

He noted that the Hydro-Floating Solar Hybrid Project at Sirindhorn Dam is regarded as a major step in the development of renewable energy in Thailand.

It also enables BGRIM to increase the potential and standards in the development of robust renewable energy business and serving government's policies as well. Our participation in this Project will opens up opportunities other floating solar projects.

In partnership with a global partner, Energy China, as one of the world’s largest comprehensive energy solutions and a major state owned- conglomerate of the People Republic of China which has high potential and cost-effective advantages in procurement, providing with highest standard of engineering and of construction. We, the Consortium, confident that the project will achieve COD with international benchmark, Dr Link added.

Mrs. Preeyanart Soontornwata

Summary

Net profit of THB 1,501.6 million, a 216-fold YoYincrease of THB 1,494.7 million.
Provisions decreased by 48.7% YoYresulting from remedial actions to improve the assets quality.
Operating income increased by THB 472.5 million to THB 14.2 billion YoY.
Higher net interest income of THB 160.6 million YoY.
Net fee and service income increased by THB 362.3million YoY.
Total gross loans stood at THB 242.1 billion, an increase of 6.3% YoY.
Deposits stood at THB 241.5 billion, anincrease of 3.1% YoY.

2019 Financial Results

Mr. Adisorn Sermchaiwong, President and Chief Executive Officer of CIMB THAI Bank PCL, stated that according to the unauditedconsolidated financial results for the yearended 31December2019. The key summaries are as follows:

For the year ended 31 December 2019, CIMB Thai Group recorded a consolidated net profit of THB 1,501.6 million, an over 216-fold year-on-year (“YoY”) increase of THB 1,494.7 million. The improvement was mainly attributed to a 48.7% decline in provisions resulting from remedial actions to improve the assets quality and a3.5% growthin operating income,partially offset by a14.1% increase in operating expenses.

On a YoY basis, CIMB Thai Group’sconsolidated operating income increased by THB 472.5 million or 3.5% to THB 14.2 billion from higher net interest income of THB 160.6 million or 1.5% YoY mainly from loan expansion and higher interest income on hire purchase business and investments. Net fee and service income increased by THB 362.3 million or 20%, due to higherfees from insurance and debt capital markets. Other operating income decreased by THB 50.5 million or 4.5% mainly attributed tolosses on financial instruments designated at fair value through profit or loss offset by gainsfromtradingandforeignexchangetransactionsand an increase in gains on investments and gains on sale of NPLs.

For the year ended 31 December 2019, operating expenses rose by THB 1,198.1 millionor 14.1% YoY, largely due to higher personnel costand other operating expenses attributed to an amendment bill to the Labour Protection Lawwhich required higher compensationfor employees who have retired or have over 20 years of service. Coupled with expenses incurred from the Fast Forward expansion strategy, the cost to income ratio was higher at 68.5% in2019 compared to 62.1% in 2018.

Net Interest Margin (NIM) over earning assets stood at 3.31% in 2019, compared to 3.71% in2018, owing to higher cost of funds.

As at 31 December 2019, total gross loans (inclusive of loans guaranteed by other banks and loans to financial institutions) stood at THB 242.1 billion, making an increase of 6.3% from 31 December 2018. Deposits (inclusive of Bill of Exchanges, Debentures and selected Structured Deposit Products) stood at THB 241.5 billion, anincrease of 3.1% from THB 234.3 billion at the end of December 2018. The Modified Loan to Deposit Ratio was higher at 100.3% compare to 97.2% as at 31 December 2018.

The gross non-performing loans (“NPL”) stood at THB 11.3 billion, with an equivalent gross NPL ratio of 4.6% from 4.3% as at 31 December 2018, arising from certain corporate accounts and retail segments. CIMB Thai continues to exercise high standards for credit risk underwriting and risk management policies. The Bank also continues to focus on improving productivity, monitoring collection and managing all accounts closely and effectively.

CIMB Thai Group’s loan loss coverage ratio stood at 93.7% as at 31 December 2019 compared to107% asat the end of December 2018. As at 31 December 2019, total provisions stood at THB 10.5billion,translating to a THB4.9 billion excessover the Bank of Thailand’s reserve requirements.

Total consolidated capital funds as at 31December2019stood at THB 47.6billion. BIS ratio stood at 18%, 13.1% of which comprised Tier-1-capital.

RISE, Regional Corporate Innovation Powerhouse led by Dr. Kid Parchariyanon, CEO and Co-founder of RISE (the 7th from left) and Ms. Rathiya Issarachaikul, Head of Operation (the 8th from left), held press conference to officially launch Corporate Innovation Summit 2020 (CIS 2020), Asia’s Largest Experiential Conference during April 1 - 3, 2020 at Ratchaprasong District. CIS 2020 welcomes more than 20,000 executives from around the world and features over 240 workshops, allowing the attendees to learn how to execute innovation hands-on. The press conference was participated by honorable guests - Ms. Crystallbel Foo, Regional Director, EDB Singapore, (the 3rd from left), Ms. Kanokporn Pratyaseth, Head of Business Development, Tencent (Thailand) Co, Ltd (the 4th from left), Dr. Wibool Piyawattanametha, Director of Advanced Imaging Center, King Mongkut Institute of Technology Ladkrabang, (the 5th from right), Mr. Aroonthep Sangwareethip, Executive Transformation Coach, SCG (the 6th from left) and Mr. Sam Tanskul, Managing Director, Krungsri Finnovate (the 5th from left), at The Society, 22nd Floor, Gaysorn Tower, Bangkok

PTT Exploration and Production Public Company Limited (PTTEP) is honored with 2 awards from Thailand Best Employer Brand Awards 2020 in the category of Thailand’s Best Employer Brand and Best Use of Technology for Recruitment. The awards ceremony was organized by World HRD Congress and Employer Branding Institute – INDIA to honor Thai organizations for their efforts and achievements in human resources management.

Bangkok – 11 February 2020: InVent, the venture capital arm of Intouch Holdings Public Company Limited has invested in Pre-Series A financing round for PeerPower Company Limited (PeerPower), a digital financing platform connecting business owners and investors with a follow-on investment from Business Online Public Company Limited (BOL). PeerPower is the first company in Thailand to issue Crowdfunding Bonds, approved by The Securities and Exchange Commission Thailand (SEC).

Dr.Narongpon Boonsongpaisan, Head of InVent at Intouch Holdings PLC, shared that

“In 2019, SMEs contribute 43% of Thai GDP and drive 85% of Thai employment (Office of Small and Medium Enterprises Promotion). However, one of the challenges facing SMEs today is timely access to financing. InVent sees an opportunity to solve the financing gap for SMEs through the use of technology and product innovation, empowering business owners to strengthen their capabilities and grow their business.”

“PeerPower has revolutionised the financial industry with its tech-enabled crowdfunding platform and brought a viable asset class for investors to invest in Crowdfunding Bonds. We believe that this strategic investment in PeerPower will further enhance their product capabilities and expand their reach of SMEs.”

Vorapon Ponvanit, Founder and CEO of PeerPower Company Limited, stated

“At the heart of PeerPower’s mission is Finance Created Equal. Last year, 2.3 trillion Thai baht of unrated bonds were issued in Thailand (Thai Bond Market Association). This presents a significant opportunity for SMEs. In the past, bonds used to be accessible only by large companies, now SMEs can issue crowdfunding bonds through PeerPower.

The investment by InVent is a strong endorsement of the vision that we both share in creating a stronger, fairer, tech-enabled financing ecosystem. We look forward to work closely with InVent and their partners.”

“Crowdfunding Bonds” – Financing Solutions for Investors and Business Owners

PeerPower leverages technology to provide better returns for investors. Investors can open an online account within minutes, choose to invest in credible businesses based on individual risk appetite. PeePower crowdfunding platform utilises data to maximise risk for investors and makes it easy for them to quickly build a portfolio of crowdfunding bonds, diversify risk and earn steady cash flows.

For business owners, issuing crowdfunding bond signals the readiness to engage with savvy investors; crowdfunding bond issuers provide quarterly financial updates to investors, facilitated by PeerPower.

Recent crowdfunding bond issuers on PeerPower include businesses from media, food production, software house to a rock climbing gym. PeerPower will continue to enable financing access to business owners including high-growth companies and mid-cap companies. Eligible businesses can raise funds through PeerPower’s crowdfunding platform with interest rates ranging from 6 to 22% depending on their PeerPower assessed credit grade.

PeerPower will use the funds from InVent to invest in product development and broadening the digital financing services offered by PeerPower.

Ms.Oranuch Lerdsuwankij, CEO and Co-founder of Techsauce Media Company Limited, a bond issuer on PeerPower, said

“In this digital era, business models are rapidly evolving over time. PeerPower is meeting the changing demands of a new generation of business owners - with their proprietary credit models, tech platform and responsive customer service.”

Business or investors who want to raise funds or invest through PeerPower platform can apply or learn more at www.peerpower.co.th or email contact@peerpower.co.th

Leap Solutions Asia (LSA) , a leading Cloud Computing services provider in Thailand under TCC Technology Group, has achieved certification namely the Payment Card Industry Data Security Standard (PCI-DSS) under the latest version 3.2.1. This is an information security standard for financial industries that handle branded credit cards and electronic commerce. This standard is the global data security standard by SecureWires Technologies and services.

“With this achievement, Leap Solutions emphasize on our Cloud Computing strategy to be ready and comply with global principles and standard. So far, our Cloud Computing services have already certified for security compliance standards such as ISO-27001 and CSA-STAR. With PCI-DSS, we are proud to represent Leap Solutions as the maximum secured Cloud, which is ready to support growth of a rising Cashless Society and Fintech. Moreover, to gain consumer’s trust, especially in financial & banking industries and electronic commerce, Leap Solutions has been aligned with TCC Technology Group’s policies in focusing on the strictest control of security & data privacy, to address the needs of market both in Thailand and throughout the region.” said Nacharie Rujirat, Managing Director, Leap Solutions Asia Co., Ltd.

About TCC Technology Group

TCC Technology Group is a Technology Solutions Partner, aiming to address customers’ requirements with Best Value Solutions through Neutral & Trusted Facilities. These are certified under ISO27001, supported by a Secure Cloud Platform (certified under CSA STAR and PCI DSS), supported by Strong Connectivity, and managed by Experienced Professionals. TCC Technology Group consists of T.C.C. Technology Co., Ltd. (TCCtech), Leap Solutions Asia Co., Ltd. (LSA) and Shinasub Co., Ltd. (SNS). This power of Synergies among companies under TCC Conglomerates and Global Strategic Partners enhances continuous growth and commitment towards sustainability. For more details, please visit https://www.tcc-technology.com/en

About Leap Solutions Asia Co., Ltd. (LSA)

Leap Solutions Asia (LSA) was established in 2016 as a joint venture between T.C.C. Technology Co., Ltd. (TCCtech), Thailand’s leading technology solutions partner, and Internet Initiative Japan Inc. (IIJ), Japan’s Tier 1 ISP and leading Enterprise Cloud services provider.

Leap Solutions Asia’s primary mission is to be the leading Cloud Servicer Provider on Thailand providing industry competitive cloud solutions to our Clients. Leap Solutions Asia has developed a highly reliable, flexible and competitive Cloud platform branded as “Leap GIO Cloud”, a cloud platform which can be easily deployed in either Public or Private Cloud environment.

CHEWA maps out its business plan for 2020 with a 2 billion Baht revenue target while showing off a backlog of 1,572 million Baht on hands which will increase recurring revenue, and preparing to kick off 4 projects worth 3,602 million Baht.

“Chewathai” has set its revenue target for 2020 at 2 billion Baht with a backlog of 1,572 million Baht, aimed at recognizing this year’s revenue of 796 million Baht, and planned to launch 4 new projects worth 3,602 million Baht, comprising 3 horizontal projects and 1 vertical project.

Mr. Boon Choon Kiat, Managing Director of Chewathai Public Company Limited or CHEWA discloses that the Company has set the sales target for 2020 at 2 billion Baht, up from last year’s 1,154 million Baht, as the Company currently has a backlog of 1,572 million Baht and expects to recognize revenue of 796 million Baht in 2020 while the rest will be continuously recognized.

In addition, the Company has started recognizing revenue of other 3 condominium projects including 1. Chewathai Hallmark Charan 13 with project value of 430 million Baht, of which revenue is expected to be recognized in Q1/20; 2. Chewathai Kaset-Nawamin with project value of 1,700 million Baht, of which revenue is expected to be recognized in Q3/20; and 3. Chewathai Residence Thonglor with project value of 1 billion Baht, of which revenue is expected to be recognized in Q4/20.

Meanwhile, in 2020, the Company will launch 4 new projects worth 3,602 million Baht in total, consisting of 3 horizontal projects worth 2,266 million Baht: 1. Chewa Home Krungthep-Pathum with project value of 903 million Baht to be launched in Q1/20; 2. Chewa Home Rangsit-Pathum with project value of 1,093 million baht to be launched in Q2/20; and 3. Heart Sukhumvit 36 with project value of 270 million baht to be launched in Q1/20 in which CHEWA holds a 70% stake.

At the same time, the Company will launch 1 more vertical project, namely Chewathai Interchange Lam Sali with project value of 1,336 million Baht in Q4/20. The Company has also set an investment budget of 858 million Baht to buy land for this year’s project development.

The Company’s initial prospects for this year’s overall real estate market are considered not bright enough due to a tendency towards lower gross domestic product and higher household debt as in accordance with stricter loan-to-value (LTV) or bank’s credit approval measures. However, the Company has still noticed the customer group with real demand and expected to gain benefits from such factors.

“This year is another challenging year for the Company to be more cautious when doing business. In light of those factors, the Company views that this is still an opportunity to implement strategies for strengthening its internal work process, for example, study and exploration of land and locations for new projects, product design and quality control as well as differentiation of a wide variety of functions to respond to the needs of customers. Given that customer needs are currently changing over time, the Company has then placed priority on this matter in order to create its stable and sustainable growth in the future”, says Mr. Boon Choon Kiat.

February 18, 2020 – Today, dtac shared its 2020 business strategy, aiming to achieve vastly improved customer journeys and up to three-times-better data capacity across its network. dtac also announced its 5G plans for the year, with select locations in first half, 2020, and new services launching every quarter, from dtac@home on massive MIMO, to private business networks and content partnerships.

“The addition of high-band spectrum to dtac’s portfolio, which already includes mid and low bands, will allow us to provide the high-quality data experience that will be critical to future networks. We have made a commitment to never stop improving our network and our customers now enjoy the fastest download speeds in Thailand.(1) With the acquisition of 26GHz spectrum and the continued development of our mid-band holdings, we are determined to bring new technologies and a better data experience for the many, not for the few,” said Sharad Mehrotra, CEO of Total Access Communication PLC or dtac.
2020 ROADMAP

dtac is transforming its customer experience to make it more contextualized and personalized. Today, personalized, machine-learning-enabled recommendations in digital channels already account for 38 percent of topping sales. The recent overhaul of the dtac reward experience also brings localized recommendations to the dtac app, with plans to add contextualized offers within 2020.

To achieve its objective of continually improving the network and customer experience, dtac is also rethinking its organization and ways of work. In 2019, dtac upskilled 25 percent of employees working in critical areas such as cybersecurity, data analytics and business intelligence. In partnership with the expert programs from Telenor Group, dtac aims to double that figure to 50 percent in 2020. dtac also reported that applying the agile methodology has reduced time to market from weeks to hours, providing customers with more relevant, timely offers.

“dtac’s strong performance in 2019 gives us confidence to continue our efforts to improve customers’ experience through a better network and more personalized offers. We will be stepping up our digitization efforts to simplify for customer journeys and transform our organization to respond more quickly and effectively to customers’ needs. dtac will never stop improving our services and readying our organization for the future,” said Mr. Mehrotra.

A STRONGER NETWORK FOR ALL

As part of its 2020 business strategy, dtac also announced initiatives to further strengthen its network for all customers. In addition to introducing 5G technology, dtac will significantly boost its existing network to give all customers improved coverage and up to three-times-higher data capacity.

“The immediate rollout of ultra-high-speed massive MIMO technology at high-traffic locations nationwide and thousands of additional sites on the 2300MHz partnership spectrum are expected to provide all customers with better coverage and a smoother data experience. dtac’s total number of high-capacity TDD sites is expected to amount to over 20,000 by yearend,” said Mr. Mehrotra.

5G OUTLOOK

In the multiband auction held last Sunday, February 16, dtac acquired 200 MHz of 26GHz 5G spectrum, expected to deliver fiber-like speeds of up to 1 Gbit/s in selected locations within first half, 2020.

Deployment of 5G network on the 700MHz band, expected to bring 5G coverage also to rural areas of Thailand is planned for the second half, 2020.

In 2020, dtac also has a roadmap for innovative service applications, including 5G-enhanced mobile broadband, fixed wireless broadband, content platforms, IoT for industrial solutions and further use case development.

“Acquiring 5G spectrum is just the start of the journey, with much more to come every quarter this year. Our goal is to never stop improving on connectivity solutions that meet the real needs of our customers. We will meet those needs in the cities, in rural areas, and on both existing and future devices. Our goal is to connect all our customers to what matters most and to empower society,” said Mr. Mehrotra.

(1) As per the Opensignal Mobile Network Experience Report - November 2019

About the 26GHz band:

The unique features of 26GHz mmWave band include ultra-high speeds and ultra-high capacity for a wide range of 5G service applications that require almost instantaneous delivery of large amounts of data, such as high-resolution virtual (or augmented) reality, high-speed internet for large crowds at concerts, and remote health services.

About massive MIMO technology:

Massive MIMO technology will boost the capacity of dtac’s 2300 MHz TDD network (in partnership with TOT) and enable top-quality, high-speed data services to its customers especially in high-rise buildings and densely populated areas like Bangkok , where it is most required. The deployment of dtac’s Massive MIMO technology will play an important role in the current evolution of mobile communication by easing the journey to 5G for all users.

The carmaker is aiming toward a greener future by introducing “GLC 300 e 4MATIC AMG Dynamic” and “GLC 300 e 4MATIC Coupé AMG Dynamic” with plans to launch a fully electric “Mercedes-Benz EQC” in Thailand this year

Mercedes-Benz (Thailand) Limited has officially released its 2019 performance report with the German brand reaffirmingits premier status in the Thai luxury automotive market for the 19th consecutive year with an annual delivery record of more than 15,000 units, thanks in part to its strong dealership network.

At the same time, Mercedes-Benz has pledged to work towards a greener future for the planet by introducing a series of plug-in hybrid vehicles throughout 2020. It will start with a mid-size plug-in hybrid SUV called “Mercedes-Benz GLC 300 e 4MATIC AMG Dynamic” and a crossover SUV called “Mercedes-Benz GLC 300 e 4MATIC Coupé AMG Dynamic”. The company has also announced the Mercedes-Benz EQC, the first fully electric SUV by the German carmaker, which will be launched officially in Thailand this year.

Mr. Roland Folger, President and CEO of Mercedes-Benz (Thailand) Limited, stressed the company will not be resting on its laurels. “Last year was a great year for Mercedes-Benz globally as we delivered a total of 2,339,562 cars, achieving increased unit sales for the 9th consecutive year and the highest annual sales volume in the company’s history,” Folger said.

“And despite the impacts of a global economic slowdown on the automotive industry, Mercedes-Benz foresees stronger demand in the luxury electric car and SUV markets. As the world’s leading luxury car maker, we are on track to introduce more impressive electric models to meet global and local demands in 2020,” he added. “Mercedes-Benz maintained a strong leadership role in the luxury segment in dominant markets, including Germany, Great Britain, France, Spain, Belgium, Switzerland, Poland, Portugal, South Korea, Japan, Australia, Thailand, Vietnam, Singapore, Canada and South Africa.”

“In Thailand, Mercedes-Benz continued to lead in the premium car segment in Thailand for the 19th consecutive year, delivering more than 15,000 cars last year. A strong dealer network around Thailand is one of the main reasons that has enabled Mercedes-Benz to maintain our leadership in the premium car segment in the country,” Folger said. “With our aim to offer the ‘Best Customer Experience’, we are planning to expand our network of authorized dealers to accommodate even more customers across the country. Earlier this month we opened a new dealership and service center called Charoen Motor Chiang Rai in Chiang Rai. And just yesterday our authorized dealer ATTA Autohaus Limited opened a new showroom and service center in Bangkok. Now we have a total of 36 dealers across the country divided into 19 authorized dealers in the capital and 17 authorized dealers in upcountry.”

The company is also working to help Thai motorists transition to more ecofriendly means of transport so that the country can reduce its carbon footprint and clean up its air, especially in badly polluted urban areas. “Our business goal this year is a reflection of our concerns about the challenges of climate change and air pollution. People have become more aware of the quickly deteriorating air quality,” Folger said.

“Increased PM2.5 levels have been a direct consequence of land transportation. This explains why consumers’ demand for electric vehicles is growing. At Mercedes-Benz (Thailand) we are a leader in PHEV vehicles as we have sold more than 16,000 units of Mercedes-Benz EQ Power vehicles since we launched our first model in 2016,” Folger explained. “Mercedes-Benz (Thailand) is also one of the leaders in terms of sales for PHEV vehicles at the global market as PHEV vehicles accounted for 25% of total sales in Thailand. It is, without a doubt, an important move for us to encourage everyone to drive vehicles that produce less emission and are friendlier to the environment. Simply by using the right driving mode of their vehicles, all PHEV owners can significantly help reduce PM2.5 levels every day with every drive,” he said.

“In addition, our mission to be the leader of sustainable mobility continues with a commitment to delivering a full range of plug-in hybrid and fully electric vehicles this year. Today, we start by introducing a new mid-size plug-in hybrid SUV “Mercedes-Benz GLC 300 e 4MATIC AMG Dynamic” and “Mercedes-Benz GLC 300 e 4MATIC Coupé AMG Dynamic,”Folger said. “We will also introduce further new and greener SUVs to the Thai market, including the “Mercedes-Benz GLB”, the most flexible compact SUV to date with low emissions for a greener and cleaner environment, as well as the first fully electric SUV“Mercedes-Benz EQC”. They will be showcased for the first time at this year’s Bangkok International Motor Show. This is a direction we are fully heading into in 2020,” Folger added.

Mercedes-Benz GLC 300 e 4MATIC AMG Dynamic is a mid-size plug-in hybrid SUV with strong dynamics and beautiful aesthetics. Every element of this model has been elevated to the next level of engineering both in terms of technologies and designs from a stunning exterior to a stylish interior. The car’s performance is particularly impressive thanks to plug-in hybrid technology that will help transport you to a greener future through the combination of a 4-cylinder petrol engine that generates 211 hp and an electric motor that generates 122 hp for a combined total of 320 hp. The vehicle’s 9G-TRONIC nine-speed automatic transmission helps lessen its fuel consumption rate by 6.5% while offering graceful control and a superior driving experience.

The Mercedes-Benz GLC 300 e 4MATIC AMG Dynamic features the “Hey Mercedes” voice-assistant system that can process general commands with ease. It can document and learn about your commands to create a smooth user experience. The DYNAMIC SELECT system that adjusts the driving mode from the steering wheel to the screen display also allows users to choose their favorite driving style whether it is ECO, Comfort, Sport, Sport + or Individual mode. The system can adjust the engine’s entire operation from transmission and steering system to automatic stability control programs to align with the driving mode selected by the driver.

The Mercedes-Benz GLC 300 e 4MATIC AMG Dynamic is priced at 3,749,000 baht.

Mercedes-Benz GLC 300 e 4MATIC Coupé AMG Dynamic is a crossover SUV that is more than just an SUV or a coupé. Thanks to its sleek coupé design and a strong SUV-like body, the Mercedes-Benz GLC 300 e 4MATIC Coupé AMG Dynamic is a one-of-a-kind vehicle. Its performance has been enhanced by an ecofriendly plug-in hybrid technology that combines a 4-cylinder petrol engine that generates 211 hp with an electric motor that generates 122 hp for a combined total of 320 hp. The 9G-TRONIC nine-speed automatic transmission helps lessen fuel consumption rates by 6.5% while offering graceful control and a superior driving experience.

The Mercedes-Benz GLC 300 e 4MATIC Coupé AMG Dynamic features an all-digital instrumental display with a 31.2-cm screen, offering three display styles – “Classic”, “Progressive”, and “Sporty” – and allowing you to choose important information through a screen that can be viewed clearly in all lighting conditions. The Mercedes-Benz User Experience or MBUX system which works together with the control panel is ready to respond to all your movements through a digital screen that displays the navigation system in full for maximum convenience. The on-board Burmerster surround sound system allows users to take advantage of world-class entertainment while listening to their favorite songs.

The Mercedes-Benz GLC 300 e 4MATIC Coupé AMG Dynamic is priced at 4,090,000 baht.

Bangkok, February 25, 2020 - B.Grimm Power Plc (BGRIM) reported a hefty profit rise in fourth-quarter 2019, fueled by higher capacity and additional customers.

BGRIM, a leading private power producer in Thailand, posted 2019 result with net profit in October-December of 816 million baht, with 409 million baht attributable to major shareholders, jumping by 215%. Normalized net profit in the period soared 118% to 832 million baht, 428 million baht of which was attributable to major shareholders which represented a 94.5% growth, according to BGRIM CEO Preeyanart Soontornwata.

For the whole year, BGRIM's consolidated net profit was 3,977 million on a 20.6% increase in revenue from sales and services to 44,132 million baht.

Net earnings attributable to major shareholder were 2,331 million baht, up 25.1% from the previous year.

The robust 2019 results were driven by the 40% rise in production capacity from both local and international projects which were acquired or newly developed, as well as the fuel efficiency improvement of gas turbines at two co-generation facilities, and the reduction of financial cost by loan refinancing.

BGRIM has put in place a water management to ensure maximum benefits from water utilisation in pursuance of conservation under the sustainability guidelines.

Most of the water that is used by BGRIM's co-generation facilities comes from recycled process or being treated wastewater from industrial plants.

The company has also ensured that its generation is efficient to support effective water management in collaboration with the industrial estate operators.

This emphasis ensures that that water reserves kept at reservoirs of industrial parks are sufficient for operation until the rainy season.

BGRIM is confident that it will be able to continuously produce quality electricity and steam to meet the needs of existing and new industrial customers.

The company has a large number of world-class creditworthiness customers, resulting in its overall power sales to industrial customers in January 2020 remaining strong at a stable level comparing to the same period last year. There are new power purchasing agreements with new industrial clients with total volume of 23 MW, scheduled to start over the first seven months of this year.

Meanwhile, there are still demands from more than 1,000 potential clients in industrial estates at sites under operation or development which could well become potential clientele of the company.

BGRIM is confident of exceeding the 5,000 MW capacity target with joint venture investment in several projects being explored.

On the radar's screen are gas-fired and renewable energy schemes in Thailand, Vietnam, South Korea, Malaysia, Cambodia, Laos and other countries.

There are also many merger plans both at home and abroad under scrutiny.

BRGIM's combined capacity of facilities in operation and under development current stands at 3,424 MW.

Some of projects under construction are the 16-MW Bo Thong wind farm, the 39-MW solar energy scheme in Cambodia, the 6-MW solar rooftop project in the Philippines and a 30-MW development for partners in Oman.

The year 2019 was noteworthy in the sense of recognition and acclaim with BGRIM winning ten awards in various fields from national and international organisations. These include Best Renewable Projects, Green Bond Financing, Best CEO and Best IR Team.

Together with seven other ESG and sustainability accolades. All these reflect BGRIM's commitment and responsibility in the environment, society and governance for sustainable development.

BGRIM has declared a dividend of 0.22 baht per share for the second-half 2019, payable on May 11, 2020 to shareholders which the record date on March 13, 2020.

To provide the best quality of networking support to customers

T.C.C. Technology Co., Ltd (TCCtech), Thailand’s Leading Technology Solutions Partner, has collaborated with global partners to host the Update Trends and Technology 2020’s seminar at InterContinental Hotel on February 18th, 2020.

The event shared knowledge on up-coming technology trends in the IT hardware & software industry. That included exchange of perspective from different industrial sectors such as Supply Chain business, Real Estate, Food & Beverage industrial, etc. Beyond technology trends there was focus on clients’ needs, allowing TCCtech to make improvement to efficient networking and support strategy.

About TCC Technology Group

TCC Technology Group is a Technology Solutions Partner, aiming to address customers’ requirements with Best Value Solutions through Neutral & Trusted Facilities (certified under ISO27001), Secured Cloud Platform (certified under CSA STAR and PCI DSS), supported by Strong Connectivity managed by Experienced Professionals. TCC Technology Group consists of T.C.C. Technology Co., Ltd. (TCCtech), LEAP Solutions Asia Co., Ltd. (LSA) and Shinasub Co., Ltd. (SNS). This power of Synergies among companies under TCC Conglomerates and Global Strategic Partners enhances continuous growth and commitment towards sustainability. For more details, please visit https://www.tcc-technology.com/

Bangkok Bank to strengthen regional position through acquisition of Permata in Indonesia from Standard Chartered Bank and Astra International

Banpu Presents a Fund to Pennsylvania College of Technology

ROLLS-ROYCE MOTOR CARS DELIVERS HISTORIC RECORD RESULT IN 2019

CIMB THAI Bank appoints Tan Keat Jin as a Head, Consumer Banking

Greater Bangna – The new upcoming "Residential District"!

Jetts 24 Hour Fitness registers record-breaking growth in Asian fitness industry with opening of 22 clubs across Thailand in 24 months

No Immunity from Cyber Attacks, Shows Check Point Research‘s Cyber Security Report

Global Innovators Converge for Asia’s Largest Experiential Conference in Bangkok

dtac announces new CEO

BGRIM-Energy China Consortium to build the World's Largest Hydro- Floating Solar Hybrid Project for EGAT

CIMB THAI’s net profit for 2019 surges 216-fold from 2018 to THB 1,501.6 million.

RISE continues the success of 2019 and invites leading global innovators to join Corporate Innovation Summit 2020

PTTEP receives 2 awards for the achievements in human resource management

InVent invests in Thailand’s First Crowdfunding Bonds PeerPower

Leap Solutions Asia (LSA) achieved PCI DSS Certification Unveils the readiness to support financial community towards Cashless Society based services

CHEWA maps out its business plan for 2020 with a 2 billion Baht revenue target

dtac commits to 5G and more accessible, high-speed connectivity for all

Mercedes-Benz’s 2019 performance report reaffirms the company’s leading status in the Thai luxury market for the 19th consecutive year.

BGRIM posts profit leap 215% in Q4’19, adding new clients and approving Bt0.22 dividend per share for 2H’19

TCCtech Collaborates with Partners on Update Trend and Technology 2020