Thai stocks closed up 10.13 points.

The SET closed today at 1,540.97 points, an increase of 10.13 points (+0.66%), trading value of 37,756.87 million baht.

The SET closed today at 1,540.97 points, an increase of 10.13 points (+0.66%), trading value of 37,756.87 million baht. Revealing that the Thai stock market today moved in positive territory as the US reached a preliminary agreement to raise the debt ceiling. resulting in large stock buybacks As for domestic factors, politics and the MPC meeting must be closely monitored. Tomorrow’s trend is expected to swing within a limited range, giving support at 1,535-1,530 points and resistance at 1,545-1,550 points.

Source: Thai News Agency

Economic consultant advises the new government to speed up taking care of labor problems

Economics Consultant advised the new government to speed up taking care of labor problems Concerned about using the welfare state budget Proposal to increase VAT by 1%, suggesting to use the oil fund mechanism to manage diesel

Narongchai Akrasanee, former Minister of Energy spoke at the seminar “Economic problems awaiting the new government” that proposed an additional 1 percent increase in VAT from the current 7 percent. The government still needs money to develop many projects. Therefore, additional income must be provided. but should review the tax on entrepreneurial profits Because it is a measure that makes foreigners decide to move to invest in neighboring countries should use technology, online systems to serve the public tourist Because tourism is an important magnet that generates income into the country. Accelerating the problem of PM 2.5 dust, not to disturb the domestic tourism atmosphere

If the Ministry of Finance has not extended measures to reduce diesel fuel taxes After the expiration of July 21, 2023, see that diesel compensation measures when it comes to budgeting During the acting government, it had to be proposed to the Election Commission for consideration because it would bind it to the next government, so it was proposed that the Oil Fund It is an important mechanism to take care of oil prices in adjusting the price increase-decrease. driver uses oil must bear the burden The overall budget should not be used to compensate for diesel prices during this period.

in the fundamentals of the Thai economy considered to be very stable International reserves of up to 226,210 million US dollars. The proportion of public debt is 61.2% of GDP. The bank’s excess liquidity is 2.33 trillion baht. The bond market has a lot of liquidity to support private funding. in terms of public debt If it is increased to 70 percent, it can be pulled back to reduce to 60 percent in the next 10 years, it is considered that the Thai economy is very strong.

M.R. Pridiyathorn Devakula, former deputy prime minister, said he agreed with a zero-based budget. Because it makes me start thinking about spending important budgets from the beginning. But it should start in the next year. For the 2025 budget, the continuation of investment projects in the EEC area considered necessary to promote foreign investment Promoting 5G WiFi access to all communities Support for the formulation of various government policies

Mr. Supawut Saicheua, a senior economist, said that while waiting for the establishment of a new government If delayed beyond August will be an economic vacuum. long-term detachment Can’t form a government very worried Because if there is an important event that requires additional budget, the Election Commission must consider. For the welfare state policy of the MOU, the coalition government requires a budget of 6.5 billion baht. The welfare budget should not have a burden of more than 20 percent of GDP. from the experience of many countries around the world If the proportion is exceeded, it will be a dangerous threshold for the fiscal position. Therefore, it should be adjusted to Smart GOV.

Acknowledging that Thailand still has a risk of labor problems in the next 7 years, 11 million workers will be absent, or 1 in 3 of the current workforce. Thailand must accelerate the development of quality labor. or producing a large number of graduates Supporting the needs of the industrial sector, therefore, sees that the Ministry of Labor is very important in modern times. and may be more important than the Minister of Finance. In addition, the new government has to speed up many law reforms. to facilitate entrepreneurs and promotion of domestic labor For external factors, the US Federal Reserve may raise interest rates by 0.25 percent on June 24, 2023, as for the extension of the US bond repayment period. with a tendency to agree in Congress If something goes wrong Recognize that the US may face a recession.

Source: Thai News Agency

Kids should not abandon their parents: Minister

Dharmasraya, West Sumatra (ANTARA) – Social Affairs Minister Tri Rismaharini stated during the commemoration of the 27th National Elderly Day that there should be no further instances of parental abandonment by kids.”Do not abandon parents. We would not be able to walk without parents’ (guidance), that is the important thing. If you are indeed unable (to take care of them), entrust (them) to us. Seek for (assistance from the) Social Affairs Ministry’s offices. Do not abandon them, as we will take care of them as good as possible,” she noted.

Rismaharini delivered the statement in Dharmasraya, West Sumatra, on Monday.

The minister stated that her administration had chosen some elementary school and middle school students as ambassadors for elderly care.

The minister noted that based on some findings by the ministry’s offices, including one in Padang, West Sumatra, several old people live in culverts or tunnels. Hence, she appealed to everyone to prevent recurrence of such cases.

“One day, we will become old, (and) when we are old, of course, we do not want to be forgotten and abandoned. While we were pursuing education, parents have taken care of us, funded us. We want to be able to respect parents and elderly, who have given us so much,” she remarked.

s part of the commemoration of National Elderly Day, the ministry disbursed a total of Rp23.89 billion (US$1.6 million) in aid. The forms of assistance granted, comprise civil rights services for elderly people, including issuance of the electronic identity card, birth certificates, family card, and marriage registration.

The ministry provides the opportunity of administrative registration for elderly couples whose marriages are only recognized in Islamic law, so their marriages can be listed in the state’s records. The Social Affairs Ministry collaborates with the local religious court to host the registration from May 22 to May 25, 2023.

The ministry also offers basic health checkups, such as for blood sugar, blood pressure, cholesterol levels, and uric acid, as well as performs cataract surgeries and blood donations.

t the event, Minister Rismaharini also commended elderly and other people — individuals, family, or groups — who have contributed to the betterment of issues surrounding elderly people.

Source: Antara News Agency

Some 37 Indonesians employed as online scammers repatriated from Laos

Jakarta (ANTARA) – Some 37 Indonesians, whose passports were held by a company in Bokeo, Laos, were repatriated to Indonesia, an official of the Foreign Affairs Ministry stated.Director for Protection of Indonesian Citizens and Legal Entities of the ministry Judha Nugraha said, the Indonesians could be repatriated from Laos via the Chiang Rai route, Thailand, as their visas were still valid.

The 37 Indonesians are part of the 45 Indonesians employed as online scammers in a company operating in the Golden Triangle Special Economic Zone in Laos.

“Meanwhile, eight other Indonesian citizens could not leave Laos yet because their passports are still held by the company,” Nugraha noted via text message, Monday.

The Indonesian Embassy in Vientiane has coordinated with the Bokeo Police to retrieve the Indonesian citizens’ passports held by the company and seek legal measures on the case.

The case emerged when an Indonesian, identified by his initials as MNH, sought government assistance as his passport, along with the passports of dozen other Indonesian workers, were detained by a company in Laos.

ccording to MNH on his social media account, they have quit their job in the company.

The Indonesian Embassy in Vientiane immediately responded to the report by sending a request for assistance to the Bokeo Police to retrieve the passports of the Indonesian citizens.

Presidential Staff Office (KSP) expert staff Siti Ruhaini Dzuhayatin stated on Sunday that the government has worked quickly to tackle human trafficking crimes that tricked its victims into online scamming.

“The release and repatriation of trafficking victims, who were forced into online scamming, is the result of the government’s quick work in dealing with it from the upstream to downstream level,” Dzuhayatin affirmed.

ccording to the Foreign Affairs Ministry’s report, in early May, at least 25 Indonesian citizens were released from the Myanmar-Thailand border conflict area. The release process was assisted by the Indonesian Embassy in Yangon and the Indonesian Embassy in Bangkok.

Not long after that release, the Indonesian government and the Philippines authority released 240 trafficking victims at a company complex that allegedly operated an online fraud.

Of the total victims, 53 were repatriated on May 25-26, while the rest were still undergoing legal processes in the Philippines.

Related news: Police attach escorts 26 citizens trafficked to Myanmar back home

Source: Antara News Agency

Learning mode of misbehaving foreigners leading to deportation in Bali

Denpasar, Bali (ANTARA) – The Bali Province Law and Human Rights Service, under its Immigration Office, remains firm in supervising the behavior of foreign nationals in Bali Island.On an ongoing basis, the deportation for troublesome foreigners continues to be intensified in Bali.

This aims to maintain security and order as well as to teach them a lesson to obey the law in the country.

Based on immigration records in Bali from January to April 2023, some 101 foreigners were deported from Bali, while since the international gate was reopened in Bali from May 2022 to December 2022, some 194 foreigners had been deported from the Indonesian territory via Bali.

Based on the Service’s record, citizens deported, among others, came from Russia and several other countries, such as Nigeria and Ukraine.

Mode of Misbehaving Foreigners

Head of the Bali Provincial Law and Human Rights Service, Anggiat Napitupulu, noted that misbehaving foreigners were found to have misused residence permits, overstayed the time limit set in their residence permits, committed criminal acts, and violated the norms in Bali, among others.

In detail, the Denpasar Immigration arrested a foreigner from Ivory Coast, a country in the West African region, with the initials AJK, on December 8, 2022, who entered Indonesia using a 30-day visit visa-free of charge.

The 28-year-old man entered Indonesia in February 2019 and worked in Jakarta as a cook for African cuisines.

ccording to data from the Denpasar Immigration Detention Center, AJK, while living in Indonesia, also committed criminal acts by skimming or stealing the financial data of customers outside Indonesia.

fter being arrested by Denpasar Immigration, he was handed over to the detention center, as he could not be deported immediately because the perpetrator’s family did not have the money to facilitate his return to his country.

fter collecting money from AJK, he was finally sent home on Wednesday, May 16, 2023.

nother case involved tourists from Russia, with the initials SN and IN, who misbehaved at the Pengubengan Temple area, which is in one of the largest temple complexes in Bali, namely Pura Agung Besakih in Karangasem District.

nother case that came to light was of LK, a Russian citizen, who was also found to have misbehaved. LK had entered Bali using a limited stay permit as an investor but rather took nude photos in the area of one of the temples in Marga Sub-district, Tabanan District.

The foreigner’s behavior violated the norms applicable in Indonesia, especially customs in Bali, and caused unrest and disturbed public order.

In another incident, a Ukrainian citizen, with the initials as VB, entered Bali on a limited stay permit as an investor but worked as a masseuse, specifically for foreign tourists instead.

Immigration officials also reported violations of the visa on arrival (VOA) facility committed by a tourist, with the initials HB, from Ukraine who actually worked as a photographer.

part from being based on public reports, the misbehaving foreigner was also arrested with the help of digital patrols conducted by the Immigration along with the Foreigner Monitoring Team (Pora).

They conducted monitoring of social media platforms linked to the activities of foreigners, including tourists suspected of violating immigration laws.

Residence Permit

The rules for staying permits for foreigners have been regulated in Law Number 6 of 2011 concerning Immigration.

To enter the Indonesian territory, foreigners must complete all requirements for obtaining their residence permit. There are three residence permits in the country, namely a visit stay permit, limited stay permit, and permanent stay permit.

The average number of violations found were committed by foreigners who used visit residence permits and limited stay permits by claiming themselves to be investors.

Based on data from the Directorate General of Immigration, foreigners must complete the permit with a visit visa for one trip, with a duration of 60 days to 180 days, or six months, and can be extended.

Furthermore, there are multiple travel visas for a maximum of 60 days for each arrival.

Moreover, a visit visa on arrival, or VOA, at a cost of Rp500 thousand, is valid for 30 days and can be extended once for 30 days.

Currently, Indonesia provides VOA facilities for tourists from 92 countries.

This visa can be used for a variety of purposes, namely social visits, business purposes, and vacations, while a limited stay permit, especially for investors, has a duration in Indonesia starting from one year and a maximum of two years.

Tourist guide

The Bali Provincial Government had prepared guidelines for domestic and foreign tourists regarding information containing regulations during their stay in Bali.

This effort was made to prevent any disturbance to security by learning from the emergence of incidents of some tourists, who committed dishonorable acts in the sacred area of the temple, a place of worship for Hindus.

Head of the Bali Provincial Tourism Service, Tjok Bagus Pemayun, stated that his side had discussed the guide with several parties, including tourism actors in Bali, such as the Bali Indonesian Hotel and Restaurant Association (PHRI) and the Bali Indonesian Tourism Industry Association (GIPI), before finalizing the regulation by the Provincial Government Legal Bureau.

Later, the regulations will be printed in leaflets in English and Indonesian and then distributed to tourists.

Foreign Tourist Visits to Bali

Statistics Indonesia (BPS) noted that foreign tourist arrivals in Bali reached a peak in 2019, with a total of 6.3 million.

The visits dropped to around one million foreign tourists in 2020 and went quiet in 2021 due to the COVID-19 pandemic.

The arrivals of foreign tourists to Bali increased again in 2022, reaching 2.3 million people, as the COVID-19 case count began to decline.

Due to a decrease in the number of cases, the Indonesian government decided to reopen Bali for foreign tourists that was followed by high number of arrivals of domestic and foreign tourists in Bali.

However, the start of the rebound in Bali’s tourism was tarnished by the actions of a handful of foreign tourists.

Hence, the firmness of law enforcement officials in Bali towards misbehaving tourists should be supported by all parties, including the public and tourism actors.

ll of this aims to ensure that those foreign tourists obey Indonesian laws and respect local customs and culture in Bali in order to support higher quality tourism on the island.

The arrivals of tourists in Bali is indeed important, but adherence to social, cultural, religious, and legal norms must be upheld.

Source: Antara News Agency

Toshiba Releases Small Photorelay with High Speed Turn-On Time that Helps Shorten Test Time for Semiconductor Testers

;figure class=”figure-image” id=”fgimage_1Kawasaki, Japan (ANTARA/BusinessWire)-Toshiba Electronic Devices and Storage Corporation(“Toshiba”) has launched “TLP3476S,” a photorelay in the S-VSON4T package that cuts turn-on time to half that of Toshiba’s current product, TLP3475S. Volume shipments start today.TLP3476S is faster and more compact than Toshiba’s current TLP3475S. It realizes high efficiency optical coupling by improving the optical output of infrared LEDs and optimizing the design of photo detector devices (photodiode arrays). This improves operating speed and pushes turn-on time to a maximum of 0.25ms — 50% faster. It is also 20% slimmer, due to a smaller, low profile S-VSON4T package that is 1.4mm at maximum. This helps to reduce the size of equipment that requires multiple boards.

TLP3476S is suitable for the pin electronics of semiconductor testers, which use a large number of relays that require a shorter switching time.

pplications Semiconductor testers (high-speed memory testers, high-speed logic testers, etc.)Probe cardsMeasurement equipment Features S-VSON4T packages: 1.45mm 2.0mm (typ.), t=1.4mm (max)High-speed turn-on time: tON=0.25ms Main Specifications;figure class=”figure-image” id=”fgimage_1; class=”fig-captionMain Spesification Follow the link below for more on the new product.

Follow the link below for more on Toshiba’s Isolators/Solid State Relays.

To check availability of the new product at online distributors, visit:

TLP3476S

Company names, product names, and service names may be trademarks of their respective companies.

Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.

bout Toshiba Electronic Devices and Storage Corporation

Toshiba Electronic Devices and Storage Corporation, a leading supplier of advanced semiconductor and storage solutions, draws on over half a century of experience and innovation to offer customers and business partners outstanding discrete semiconductors, system LSIs and HDD products.

The company’s 21,500 employees around the world share a determination to maximize product value, and promote close collaboration with customers in the co-creation of value and new markets. With annual sales approaching 800-billion yen (US$6.1 billion), Toshiba Electronic Devices and Storage Corporation looks forward to building and to contributing to a better future for people everywhere.

Find out more attml

Contacts

Customer Inquiries:

Optoelectronic Device Sales and Marketing Dept.

Tel: +81-44-548-2218

Media Inquiries:

Chiaki Nagasawa

Digital Marketing Department

Toshiba Electronic Devices and Storage Corporation

semicon-NR-mailbox@ml.toshiba.co.jp

Source: Toshiba Electronic Devices and Storage Corporation

Source: Antara News Agency

Indonesian hajj pilgrims urged to look after each other, stay healthy

We ask your (all pilgrims’) cooperation to accompany and look after each other, thus elderly pilgrims can also implement their worship solemnly.

Indramayu, W Java (ANTARA) – Deputy Minister of Religious Affairs Zainut Tauhid Sa’adihasurged hajj pilgrims departing from the Indramayu Hajj Dormitory in West Java Provinceto look after each other, and stay healthywhile performing thisannual ritualin Saudi Arabia.”This year’s hajj pilgrimage season is performed in summer. Thus the temperature in the Holy Land is around 40 degrees Celsius. Hence, pay attention to your own health, diet, and rest time,” he remarked here on Sunday.

In his remarks while dispatching the pilgrims, he asked the pilgrims to take care of their health during their stays in Saudi Arabia by considering the fact that performing the hajjneeds physical endurance.

Furthermore, the pilgrims must also maintain their diet well to enable them.to conduct all the pilgrimage rituals properly, the deputy minister added.

“Having a good rest is also important. Do not spend your energy on less useful activities. It is better to use it for praying,” he emphasized.

He also asked the pilgrims to take care of each other owingto the fact that many elderly pilgrims need help from everyone.

Sa’adi noted that many elderly hajj pilgrims are not accompanied by their relatives. In one flight group with a yotal.of 300 pilgrims, there are also only eight officers.

“We ask your (all pilgrims’) cooperation to accompany and look after each other. By doing so,the elderly pilgrims can also perform their worship solemnly,” he stated.

The Religious Affairs Ministry noted that some 67 thousand out of the 210 thousand Indonesian pilgrims this year are elderly.

Hence, the Health Ministry deploys Emergency Medical Teams (EMTs), comprising 15 medical specialists in anesthesia, internal medicine, surgery, neurology, and cardiology.

Furthermore, 12 general practitioners, 43 nurses, and an emergency room are also provided to serve the pilgrims.

The first batch of the Hajj pilgrimage flight groups will depart for Saudi Arabia from May 24 to June 7, 2023. Meanwhile, the second batch of the flight groups will depart from June 8 to June 21.

The first batch of the flight groups will return to Indonesia from July 4 to July 18, and the second one will return from July 19 to August 2.

Source: Antara News Agency

Public should participate in 2023 Floratama Academy: Minister

Lewoleba, Lembata, E. Nusa Ten (ANTARA) – Tourism and Creative Economy Ministry urged Flores, Alor, Lembata, and Bima residents to partake in the 2023 Floratama Academy, a program targeting business players’ capability improvement in 33 prioritized areas of tourism and creative economy.”I call for everyone to participate in the Floratama Academy Program. Let us be part of the collective business ecosystem,” Tourism and Creative Economy Minister, Sandiaga Salahuddin Uno, stated on Monday.

The minister delivered the statement during a Kick-Off Webinar of the 2023 Floratama Academy, accessed from Lewoleba, Lembata, East Nusa Tenggara.

The ministry consistently supports the people, especially those engaged in regional enterprises, to improve the quality of their businesses in order to support the sustainability of enterprises in Labuan Bajo’s super priority tourism destination area, Uno affirmed.

For two consecutive years, Floratama Academy was hosted, and each event ran successfully, the minister noted.

Hence, the ministry then decided to host another Floratama Academy in a bid to push the sustainability of businesses in the area, he affirmed.

Uno explained that three categories available at the event are seed category for new businesses; growth category for growing businesses that have been developing and running for two years; and community-based category for community-based businesses, with management by the people, such as tourism villages and homestays.

In each of the categories, the participants will receive materials and guidance, such as on business models, market access, as well as development planning, he remarked.

He reminded people to run businesses that will benefit others and the environment, so it would ensure an improvement in public welfare.

“Let us participate in the Floratama Academy event until its completion. Hopefully, you are able to conduct businesses that will be useful for the people and environment through (boosting) competitiveness, sharing (good practices) for others, and creating (better) welfare,” the minister affirmed.

President Director at the Labuan Bajo Flores Tourism Authority Shana Fatina called for the need for an innovative initiative in the tourism and creative economy sector in Flores, Alor, Lembata, and Bima in order to boost the economy, improve the quality of human resources, and develop public welfare.

“The Labuan Bajo Flores Tourism Authority is committed to creating superior and great human resources to ensure a sustainable, globally-(renowned) tourism and creative economy,” she concluded.

Source: Antara News Agency

Indonesian MSMEs should learn from South Korea’s success: Minister

Jakarta (ANTARA) – Indonesia’s MSMEs and start-up owners could learn from South Korea’s success, with the Korean Wave phenomenon, to serve as benchmark to develop Indonesia’s creative economy, Cooperatives and Small, Medium Enterprises (SMEs) Minister, Teten Masduki, stated.”South Korea is a country that has become a benchmark in developing Micro, Small, and Medium Enterprises (MSMEs) and start-ups. This can be seen from the highly developed start-up ecosystem in South Korea,” he noted in a statement received here on Monday.

The minister recently paid a working visit to Seoul, South Korea, to conduct a bilateral meeting with South Korean Minister of SMEs and Start-ups (MSS), Hong Jong-hak, as well as attend the celebration of five decades of diplomatic relations between South Korea and Indonesia.

ccording to Masduki, Indonesia, ranked sixth as a country with the most start-ups in the world, could learn a lot from South Korea.

“We really appreciate the South Korean government for establishing a good cooperative relationship with Indonesia. This cooperation is very useful, and we will continue it in the future,” he affirmed.

part from meeting with Minister Jong-hak, Masduki also visited several start-up incubators in Seoul. He undertook a visit to the TIPS Town, which is an incubator institution initiated by the South Korean Government to facilitate start-ups in obtaining investment from venture capital.

He also paid a visit to the Seoul Start-up Hub, which is an institution established by the Seoul City Government to support start-up development. The institution provides mentorship and financing programs for start-ups as well as provides technological tools for start-ups to create product innovations according to market demand.

The minister also had the opportunity to visit the INNOBIZ Association office to attend the Interim Reporting Seminar that is one of the agendas in implementing the Knowledge Sharing Program (KSP). The KSP program is one of the collaborative programs currently being developed between his side and the INNOBIZ Association.

One of the INNOBIZ companies he visited was AQUALEX, which is a cosmetic company, and Seoul FandB, which is a company producing food and beverage products.

This medium-scale company uses a smart factory scheme supported by modern equipment and high technology that is capable of producing quality products, he noted.

Masduki is upbeat that the establishment of smart factories or joint production houses in Indonesia would be able to facilitate MSME players in producing high-quality products.

Source: Antara News Agency

PattieSwap Ready to Launch a Top DEX With Low Fees

MONCTON, New Brunswick, May 27, 2023 (GLOBE NEWSWIRE) — PattieSwap a new decentralized exchange (DEX), has officially launched its platform on the Binance Smart Chain. The platform allows users to trade and swap cryptocurrencies without the need for intermediaries and aims to provide a secure, reliable, and user-friendly alternative to traditional centralized exchanges.

With a focus on ease-of-use, PattieSwap V2 offers a simple and intuitive interface that makes it easy for both novice and experienced traders to avail wide range of financial options, including Binance Coin (BNB) and BEP-20 tokens. Users connect their Binance Smart Chain wallets and start trading, with no need to submit personal information or adhere to complex rules and regulations.

“We’re thrilled to announce the launch of PattieSwap V2, which we believe will be a game-changer in the world of decentralized finance,” said the PattieSwap team. “Our goal is to make it easy and accessible for anyone to participate in the crypto economy, regardless of their level of experience or technical knowledge.”

In addition to trading and swapping, PattieSwap V2 also offers liquidity pools and yield farming opportunities, allowing users to make use of new opportunities. Staking is also available, where users can lock up their tokens for a specified period in exchange for new set of choices.

The launch of PattieSwap comes at a time when decentralized finance (DeFi) is growing in popularity, with more users seeking out alternatives to traditional centralized exchanges. By offering a decentralized platform that puts users in control of their transactions, PattieSwap V2 is well-positioned to capture a growing share of the market.

“We believe that the future of finance is decentralized, and we’re excited to be at the forefront of this movement with the launch of PattieSwap V2,” said the team. “We look forward to continuing to innovate and provide our users with the best possible experience.”

About PattieSwap V2.

PattieSwap V2 has been established with an aim to provide financial solutions to users under various options.

PattieSwap has developed solutions under new decentralized exchange (DEX), and has officially launched its platform on the Binance Smart Chain. Further to trading and swapping, PattieSwap V2 also offers liquidity pools and yield farming opportunities.

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