Category: Miscellaneous

Bangkok, The new Secretary-General of the OIC has set a goal: wants to see insurance trading figures in 2026 reach a value of 1 trillion baht, along with specifying Sinmongkhong Insurance. The license has not been revoked. There is still an opportunity to return to the insurance profession.

Mr. Chuchat Pramunphon, new secretary-general of the Office of the Insurance Commission or OIC, revealed the policy and operational direction of the OIC office for the year 2024, saying: Overview of the insurance business after the end of the third quarter. In 2023, the life insurance business had a net profit of 28,069 million baht. The general insurance business had a net profit of 14,439 million baht, with an expansion of approximately 4.5%. The overall picture of insurance trading at the end of 2023 was at the value 891,621-927,377 million baht. From the above figures, the picture can be seen more clearly that the insurance business has returned by the end of 2026. The OIC wants to see the insurance trading number re
ach 1 trillion baht and wants the OIC .is a stable organization Wealthy as well as focusing on protecting the rights of the people For this goal in 2024, in addition to developing the organization according to the plan. I also want Thailand to be the insurance center of the ASEAN region. A comprehensive insurance business training center will be built to develop personnel, which the OIC must do better every year.

Secretary-General of the OIC also mentioned Company case Sinmongkong Insurance that at this time Sinmongkong Insurance Company The casualty insurance license has not yet been revoked. The OIC has temporarily stopped providing insurance in accordance with Section 52, paragraph one of the Casualty Insurance Act, B.E. 2535. Issuing such an order from the registrar will help the OIC Office to fully protect the rights of the people. and according to the Registrar’s announcement regarding payment schedules for companies that the Registrar has ordered to temporarily stop providing casualty insurance. This
allows the Office of the OIC to control various payments. All of the company’s insurance. There is still a chance to return to the insurance profession if the company’s financial problems are resolved.

Source: Thai News Agency

BANGKOK, The Constitutional Court on Wednesday ruled to disqualify former transport minister Saksayam Chidchob retroactively for concealment in a construction firm shares, which were awarded state contracts.

The court said it found clear evidence that he used a nominee to hold shares in Burijarearn Construction Limited Partnership. The shares, held by Mr. Supawat Kasemsut, are actually still owned by Saksayam.

Therefore, the court ordered the end of his role as minister from March 3, 2023, when the court decided to suspend him from performing his duties pending the ruling.

Source: Thai News Agency

Bangkok, Deputy Secretary-General of the SEC points out that he is preparing to adjust the strict criteria after the ITD bond incident, along with preparing to take more legal action against Zipmex. It is expected that no later than March this year, it will move forward with organizational adjustments. Increase work efficiency – enforce laws

Mr. Anek Yuyuen, Deputy Secretary-General and Spokesperson of the Securities and Exchange Commission (SEC), spoke about the supervision after the bond issue of Italian-Thai Development Public Company Limited or ITD that In such case It was found that investors in high network bonds are still fragile. Therefore, the rules need to be improved. Raise the level to be stronger. to make the product It has been filtered to a certain level. By educating investors to study various information about what information is necessary to make decisions. The second part is the fund supervisor. When defaults occur, the SEC is now closely monitoring the situation of various bonds. and has
close coordination with other government agencies, including the Bank of Thailand (BoT), the Stock Exchange of Thailand (SET), and the bond market. In addition, the association promotes investors. It is the center and in providing knowledge and driving has increased.

As for the case of Zipmex Company Limited, transferring digital assets of customers who invested abroad to invest in companies that operate digital asset businesses. But the loss was so great that the money could not be returned to the customer. Accept that this is a complex case. The SEC has been working with investigators at the Royal Thai Police to set up a working group to take action. This led to complaints and accusations. However, the SEC continued to take action. By collecting additional evidence and expected within the first quarter of this year There will be more clarity on further criminal action.

It is accepted that The Digital Assets Act has limitations in granting the SEC authority to order the seizure of assets, which is differen
t from Securities and Exchange Act that the SEC can take action on In the long run, it may need to be reviewed in order to The SEC has the power to take action. However, there are still laws that give powers to investigators and AMLO can take action now.

progress section Issuance of licenses for digital asset custodial service providers or digital asset custodian Should be seen within this year. There are already 2 – 3 people interested in the banking group. In the past, we have not had a company in Thailand. Digital asset business operators must normally deposit money abroad. But if there are companies in Thailand that open, we will be able to attract business operators to deposit assets in Thailand.

The Deputy Secretary-General of the SEC also added that the SEC has restructured its organization. to increase work efficiency and make the law enforcement process better, which in 2023 there will be law enforcement in important cases Both stock manipulation Spreading false news There are 5 criminal cases, 3 c
orruption cases, and 12 civil cases. Of these, 9 cases have agreed to civil compensation. The other 3 cases have entered judicial proceedings, 1 case has been completed, and another 2 cases are in the process. Judicial process.

Source: Thai News Agency

Bangkok, Chief Executive Officer of PTT Oil and Retail Business Public Company Limited or OR reinforces his commitment to creating sustainability with the SDGs in OR’s style, taking lessons learned from his success until he was accepted both in and out. national and international level Until becoming a model organization in sustainable business management from both international and national rankings in 2023, along with revealing success stories of running a business according to ESG guidelines through actions.

Mr. Disthat Panyarachun, Chief Executive Officer of PTT Oil and Retail Business Public Company Limited or OR, said that OR has a vision and idea for creating sustainability. The issue of sustainability is introduced according to the SDG guidelines in OR’s style, namely S-Small, opportunities for small people. D-Diversified Opportunities for growth in all formats and G-Green opportunities for a clean society combined with business strategies to create a competitive advantage as well as bringing the OR
2030 Goals to follow and review continuously to ensure that operations Sustainability is truly integrated into business operations, which OR has led to real action, In Action, from strategies, action plans, and business goals until concrete results are achieved. Such as the PTT Station Vibhavadi 62 service station, Thai Det Project. Sustainable development of coffee cultivation, etc., which results in OR being recognized as a model for sustainable business management both internationally and nationally in 2023, being a member of D JSI with the number 1 score in the world.

In the Retailing industry group, it received the Best Sustainability Awards from the SET Sustainability Awards 2023 and received the SET ESG Rating 2023 sustainable stock assessment, the highest level, AAA, which is considered pride and reinforces the company’s commitment to business operations. OR to build strength and sustainable growth Alongside the community Economy and environment according to the ESG guidelines in all 3 dimensions, wh
ether from the perspective of environment, society and good governance.

‘OR We are ready to move forward with full development in every aspect we do. By using all OR areas across the country in a complete manner. To enhance investment in developing tourist attractions and communities at the same time. In particular, it is seen that the area of ??Lampang and Nan provinces is a point where there will be promotion of growing coffee to supply Café Amazon and help farmers in various communities to participate in OR’s activities as well. Importantly, soon, OR Procurement of coffee seedlings To be planted and set up as an Amazon Park on an area of ??over 600 rai in Lampang Province. It is expected that in the next few months coffee trees will be able to be planted in that area. It also brings coffee bean varieties that OR has imported from various foreign varieties to research and develop coffee beans for farmers in the plantation area and OR to buy at a fair price. Therefore, this place is considered That will tru
ly be a source of learning and help for communities and businesses in the next few years, including in the future being able to increase the proportion of Thai coffee and reduce coffee imports from abroad. Each year Thailand has a demand for more than 60,000 tons of coffee while it can only grow more than 20,000 tons. OR has a goal to think for itself, make it ourselves, and grow its own coffee. In the next 2-3 months, it will propose a project model to the meeting. The OR committee has considered and approved this matter,’ Mr. Disthat said.

In addition, OR executives also shared examples of “success” through “action” in all 3 dimensions of ESG, including the environment. (E-Environment) by Mr. Wisan Suntharajarn, Executive Vice President of Corporate Strategy and Sustainability, said that OR has analyzed the risks and impacts that will occur from climate change (Climate Change) according to TCFD (Task Force on Climate-related Financial Disclosures) principles, and also setting targets for reducing greenhous
e gas emissions according to SBTi (Science Based Target Initiatives) principles and setting 3R strategies, including Reduce, Remove, and Reinforce, in order to reach the Carbon target. Neutrality in 2030 and Net Zero in 2050

Mr. Piman Poolsri, Deputy Chief Executive Officer of the Petroleum Retail Business, said that OR has adjusted the format of its gas stations to support the energy transition, whether it is expanding the EV Station PluZ network, including using renewable energy in the stations. Gasoline service Focus on creating a ‘Green Station’ with the prototype being PTT Station Vibhavadi 62.

While the social aspect (S – Social) by Mr. Suchart Ramas, Director General said For example, Café Amazon has integrated the concept of social responsibility into business operations from upstream to downstream. Whether it is sourcing coffee beans to promote coffee growing and buying them fairly to create quality of life and well-being for farmers, taking care of communities around the factory to generate income
from selling food to The employees and the ‘Cafe Amazon for Chance’ shop that helps create careers for people with disabilities and vulnerable groups aim to be ‘fair coffee for the whole world.’

Mr. Kosal Lim-aksorn, Deputy Chief Executive Officer of Organizational Capability He also gave the view that creating sustainability in an organization “people” is an important factor. OR thus instills OR

DNA in every employee and uses OR Academy to build potential in both business operations and sustainability for employees. to business partners in good governance (G – Governance and Economics)

Miss Ratchasuda Rangsiyakul Deputy Chief Executive Officer Performing duties as ORion project director, talking about business operations and innovation in OR’s style, which aims to do business that can simultaneously solve community, social, and environmental problems. It has the Sun xplORe application which is considered OR’s main Digital Platform to drive OR to grow into a business in both existing industries and new ind
ustry groups in the future through doing 020 (Online to Offine) as well as supporting SMEs to grow. together

Ms. Wilaiwan Kanchanakanti, Deputy Chief Financial Officer, expressed the view that sustainability is being given importance throughout the world and will be used as an investment criterion by both retail investors and institutional investors. including financial institutions, lenders Until selecting business partners Therefore, companies with outstanding sustainability performance have an opportunity to generate good returns. Including good governance is another area that OR pays no less importance to than other parts so that the business can grow in the long term.

In addition, within the event there was an activity to organize exhibition booths divided into 3 areas: a booth on reducing greenhouse gas emissions; Decarbonization, Circular Economy and Social Action booths to tell stories OR’s actual actions that reflect business operations under good supervision along with giving importance and care t
o society, community, and the environment. OR Sustainability: SDG In Action is organized at Synergy Hall, Energy Complex Center (Energy Complex) taking into account caring for the environment under a green format by following the criteria of the “Care the Bear” project to reduce global warming of the Stock Exchange of Thailand (SET) and also organizing an event in the form of Carbon Neutral E Carbon NeutralEvent according to the criteria of the Greenhouse Gas Management Organization (TGO), in which carbon credits from greenhouse gas reduction projects will be used to compensate for greenhouse gases.

Glass released from activities in organizing events as well.

Source: Thai News Agency

Bangkok, Stock Exchange of Thailand Closed this morning at 1,389.46 points, down 12.26 points (-0.87%), trading value approximately 30,444 million baht.

SET closed this morning at 1,389.46 points, down 12.26 points (-0.87%), trading value approximately 30,444 million baht. Analysts Indicates that the Thai stock market fell in the morning along with regional markets after Chinese economic figures were lower than expected. And the technical picture has broken the important support level of 1,404 points. Fund flow is flowing out. There is no buying power, only selling. While waiting for clarity ‘Digital Wallet’ and ITD bonds are ready to wait for the bank group’s budget. If the results are good, there is a chance of a rebound. This afternoon, the support level is 1,391 points and the resistance level is 1,404 points.

Source: Thai News Agency

Criminology academic and child and adolescent mental health experts Analyzing the reasons why children commit violent crimes along with suggestions to solve problems using socialization mechanisms along with increasing the penalty Lowering the age limit for child offenders

The case of 5 youths attacking “Auntie Buapan”, a 47-year-old mentally ill woman, causing her death before dumping her body in a pond. in Sa Kaeo Province Including a 14-year-old boy who committed a horrifying crime, shooting recklessly in the middle of Siam Paragon department store. This resulted in 2 deaths and 5 injuries. In addition to these 2 cases, there were also horrifying incidents caused by children and youth. Happens continuously This can be clearly determined from information from the Department of Juvenile Observation and Protection that was found in the past year. There are statistics on criminal cases among children and youth. More than 3,000 drug-related cases, 2,999 life and body offenses, an increase of nearly 1,300 case
s from 2022, 2,622 property crimes, an increase of more than 600 cases from 2022, weapons and explosives offenses. Another 1,530 cases, more than 600 cases higher than 2022.

Vice President and Chairman of the Faculty of Criminology and Justice Administration Rangsit University said that there is a trend of children and youth committing serious crimes. are more frequent and severe Because he is in the age of excitement Especially if you are in a group of friends who are prone to violence. The more easily there is a chance of causing a crime. Meanwhile, parents have no time to take care of their children closely.

The way to help solve this problem is for parents to take responsibility in cases where children commit serious crimes. Good role models are being created for them. and there is a socialization mechanism by family, educational institutions, and communities, which research results clearly indicate that it has a great effect on the feelings, thoughts, minds, emotions, and behavior of children and youth
rather than increasing penalties Only lowering the age limit for children who commit crimes

consistent with the opinion of Director of the Rajanagarindra Institute for Child and Adolescent Mental Health, who viewed that lowering the age criteria Increase the punishment for children who commit only crimes. cannot help solve the problem completely. Because each person’s problems are complex. And it is caused by many factors. both basic problems Controlling emotions generated by children themselves Family care, both physical and mental That always creates pressure all the time. School experience Being placed in a group of friends with problems Environment in the community and society with drugs and violence and online world that is a stimulating factor causing imitation behavior

Director of the Rajanagarindra Institute for Child and Adolescent Mental Health It also emphasizes that everyone in every sector must help each other. Take responsibility for your own role Teach children how to control their emotions.
Teach parents to raise their children properly. Schools must find problem children. and hasten to provide assistance As for the community, it must be organized. Provide a good environment for children and youth to act as a shield to prevent them from becoming child criminals.

Source: Thai News Agency

Hong Kong: The debut of the Association of Overseas Vietnamese in Hong Kong earlier this month has brought about joy and hope for the expanding community of over 7,000 individuals from different generations and social strata.

In his speech welcoming the 2024 Year of the Dragon, Vietnamese Consul General in Hong Kong and Macau Pham Binh Dam remarked that the association serves as a bridge to enhance solidarity, mutual support, and collaboration among overseas Vietnamese living, working, and studying in the special administrative region of China.

The diplomat stressed that it will help unite various classes and generations of the group into a strong community oriented towards their homeland through meaningful activities. Considered the nucleus for fostering the formation of Vietnamese intellectual and business communities in Hong Kong, the association aims to spread Vietnam’s core values in the time to come.

As of the end of December last year, it had admitted more than 60 members. Additionally, the associat
ion collaborated with the Consulate General and the Vietnamese Student Association in the area to organise numerous practical activities, strengthening the community cohesion and contributing to the homeland.

Associate Professor Nguyen Tuan Anh, a member of the association’s executive committee and working at the Hong Kong University of Science and Technology (HKUST), highlighted its timely and appropriate establishment, as the number of Vietnamese in the region, particularly students, has been increasing rapidly in recent years./.

Source: Vietnam News Agency

Bangkok, SET closed today at 1,380.65 points, down 21.07 points (-1.50%), trading value 56,707.53 million baht.

Stock trading today The index dropped sharply. By making the lowest point of 1,378.85 points, making the highest point at 1,397.97 points. As for securities, changes today increased by 72 securities, decreased by 457 securities, and remained unchanged by 127 securities.

Source: Thai News Agency