JAS MOBILE TO PAY FINE ON JUNE 30
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Jas Mobile Broadband of Jasmine International has agreed to pay a Bt200-million fine on June 30 for failing to pay the first instalment of the upfront fee for a 900-megahertz licence by the March 21 deadline.
Takorn Tantasith, secretary-general of the National Broadcasting and Telecommunications Commission, said yesterday was the deadline for the fine payment totalling Bt199.42 million but the company asked to postpone the payment to June 30.
It has agreed to pay the fine plus statutory accumulated interest of Bt581,653 as of June 30, he said yesterday.
The NBTC has already confiscated the Bt644-million surety that the company placed before the auction of two 900MHz licences last December.
Advanced Info Service’s subsidiary Advanced Wireless Network will pay the first instalment of Bt8.04 billion for its 900MHz licence and place three bank guarantees on either June 27 or June 28, he said.
GOVT ON STATE WELFARE
The Cabinet on Tuesday acknowledged the project for people to register for state welfare as a part of the integration of welfare databases under the government’s e-Payment scheme.
Krisda Chinavicharana, director-general of the Fiscal Policy Office, said yesterday that those qualified for registration must be Thai citizens older than 18 who are unemployed or earning less than Bt100,000 per year.
To register, qualified persons must be willing to disclose their personal information including income, assets, creditors and outstanding debts.
DRAFT FOR FUND PLAN
The Cabinet recently gave the green light to the draft memorandum of cooperation on the establishment and implementation of the Asia Region Funds Passport scheme under the Asia-Pacific Economic Cooperation.
Krisda Chinavicharana, director-general of the Fiscal Policy Office, said yesterday that under the draft MoC, a mutual fund approved by an economy would be able to offer its units to retail investors in other economies joining the project through licensed intermediaries.
The regulations will be released within 18 months after the MoC takes effect on June 30.
CHANGE AT SINO-THAI
Sino-Thai Engineering and Construction has changed its shareholding structure, making CT Venture Co its biggest shareholder with a 15.35-per-cent stake.
Stecon yesterday reported to the Stock Exchange of Thailand that two of its major shareholders – Naiyabhak and Saeranee Charnvirakul – sold out their holding of 7.67 per cent each to CT Venture through the stock market on Tuesday.
Naiyabhak and Saeranee are the daughter and son of politician Anutin, the son of founder Chavarat, who is also an influential politician.
As of March 28, Anutin held 4.69 per cent of Stecon. Naiyabhak and Saeranee each hold 49.99 per cent of CT Venture and are authorised directors of the company.
True Corp using Akamai content delivery network
True Group has partnered with Akamai Technologies to launch Web-performance, Web-security and media delivery services.
The services are meant to enhance online communications in all aspects such as browsing websites and receiving and sending large data with speed, stability and advanced security through Akamai’s content delivery network.
US-based Akamai says its system is capable of transmitting information rapidly on the cloud with more than 200,000 servers in more than 120 countries.
It also allows customers to access data from a point nearby, which enhances the efficiency of receiving and sending information quickly and easily for both downloading and uploading files, videos, live broadcasts and online transactions through various smart devices.
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BMTA to purchase fewer NGV buses
The Bangkok Mass Transit Authority’s revised plan on procurement of its new buses is expected to be proposed to the Cabinet for consideration next month, said Deputy Transport Minister Ormsin Chivapruck.
He said the new plan was to procure 489 NGV (natural gas-fuelled) buses and 200 electric buses worth Bt4.3 billion, saving about Bt8 billion. The previous plan was to procure 3,183 NGV buses worth Bt13.16 billion.
Ormsin said the BMTA was now inspecting credentials of the bidders and expected to open the bidding for procurement of the 489 NGV buses on July 8.
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Samaggi Insurance changes name
Samaggi Insurance announced yesterday the official change of its name to Chubb Samaggi Insurance.
The company’s new name in Thailand follows ACE Limited’s acquisition of the Chubb Corporation that was completed on January 14, creating a global insurance leader operating in 54 countries under the Chubb name.
The company says the name change will not affect the company’s business operations in any way. All rights and obligations between existing clients and business partners with Samaggi Insurance will remain fully intact under Thai laws and regulations.
