At A Glance

Corporate July 11, 2017 01:00

By The Nation

Major Cineplex opens fourth complex this year

The Major Cineplex Group has opened its fourth multiplex cinema for this year at a Big C Supercentre in Pathum Thani.

Company chairman Vicha Poolvaraluck said that the opening is in line with the company’s strategy to increase the number of cinemas at all potential locations across the country. 

The new Pathum Thani complex boasts five screens with a total of 1,300 seats. This adds to the company’s four existing cinema complexes in Pathum Thani. The company has the Major Cineplex Rangsit, with 10 screens and 3,465 seats, as well as the Future Park Rangsit complex, with 10 screens and 1,701 seats. It also has a centre at Tesco Lotus Navanakorn, with four screens and 1,194 seats altogether and at a Big C Supercentre in Thanyaburi, which has four screens with 1,020 seats.

 The other cinema complexes opened by the company this year are in Tesco Lotus Sampran in Nakhon Pathom, Robinson Petchaburi and at Pak Thong Chai intersection in Nakhon Ratchasima. The group operates 694 cinemas in 117 locations, with 161,841 seats.

IoT event plugged into Thailand 4.0 goals

The 13th edition of Asia IoT Business Platform (AIBP), endorsed by the Ministry of Digital Economy and Society, will focus on the Thailand 4.0 initiative and shed light on the challenges that enterprises and public service organisations face in adopting and deploying Internet of Things projects. It will look at developments in Thailand’s IoT and ICT industries.

 AIBP will also address the needs of small and medium-sized enterprises (SMEs), which make up 98.5 per cent of businesses and account for some 70 per cent of national employment. SMEs are encouraged to initiate creative and innovative business, with the use of technologies and research and development, and the Office of Small and Medium Enterprises Promotion has plans for boosting “Smart SMEs”, as part of the Thailand 4.0 Initiative.

 Pansak Siriratchatpong, Vice Minister for Digital Economy and Society, will deliver the keynote address and participate in a panel discussion to highlight initiatives rolled out by the government to facilitate and drive the country towards Thailand 4.0.

 The event includes a keynote address and panel discussions covering topics including industry trends and the outlook, industrial IoT, transport and logistics, public services, smart cities, banking, finance and retail and next generation technologies.

 Attendees will gain access to updates on Internet of Things (IoT) information, knowledge-building discussions, and strategic business connections in the region.

The AIBP forum will be held from July 24-25 at the Renaissance Bangkok Ratchaprasong Hotel.

Students take their turn as venture capitalists

Kairos Asean partners with the Institute of Innovation and Entrepreneurship (IIE) at the Singapore Management University (SMU) plan to launch Protege Ventures, Southeast Asia’s first student venture fund run by students, for students. 

“Protege Ventures serves as an exciting new opportunity for undergraduate and postgraduate students from Singapore-based universities to embrace practical, real-life venture capital experience in sourcing, analysing and investing in technology-enabled Asean startups which must have at least one student as its founder,” the partners say. 

“The joint initiative leverages the Kairos network in the regional startup ecosystem as well as IIE's expertise in entrepreneurial education to provide structured venture capitalists (VC) training and mentorship from seasoned venture capital funds and enable students to practise their venture capital knowledge and skills in real-life.”

Based in Singapore, Protege Ventures is backed by venture capital firms in the region such as Wavemaker Partners, Venturecraft, Marvelstone and TSR Partners. The firms have provided funding to kickstart Protege Ventures where students “will be equipped and guided to source for student ventures in Singapore and Asean, conduct due diligence, pitch to the investment committee and contribute to investment decisions”. Innovative student ventures will receive funding from Protege Ventures’ VC sponsors as well as post-investment support.

Laboratory technology exhibition to update on trends

The Thailand Lab International 2017 will present courses and seminars during exhibition in September.

“One of the main purposes for visitors participating in the exhibition is not only to see products but also to be more informed through seminars run by industry experts,” the organisers say.

“You will be able to save time by being able to attend courses by experts coming from various countries. You should prepare yourself to acquire a massive flow of information and knowledge exchanges.

“Thailand Lab International 2017, an international trade show for Asia’s laboratory technology and equipment, will be held from September 6-8 at EH101-102 of BITEC in Bangkok.

Anucha Parnpichate, project manager of Thailand Lab International 2017, said the laboratory sector, together with the biotechnology industries, had become one of the key drivers for moving the economy forward. 

“Today industry’s growth rate has increased to 15 per cent and it will tend to increase in the near future. The objective of organising the Thailand Lab International is to make Thailand the hub of science and technology and the laboratory Industry in the Asean region,” Anucha said.

Over the past six years, Thailand Lab International has been regarded “as one of the largest laboratory exhibitions and a promising platform for scientific instrument technology and innovation in the Asean region. This year, the Thailand Lab International comprises six international pavilions – from mainland China, Taiwan, India, Germany, South Korea and the UK. Visitors can meet representatives of more than 330 companies from 30 countries.