Business News

Information Service
Zain first operator to offer 5G technology in Kuwait and GCC
 Zain, the leading digital service provider in Kuwait, announced that its network is fully ready for the commercial launch of fifth generation wireless technology (5G) to be the first operator to offer 5G technology in the GCC region via the Kuwaiti market with nationwide coverage of all areas. Zain unveiled that it succeeded in designing an integrated network for 5G services built on a world-class infrastructure, fully launching the company’s potential within the digital community and further reinforcing its leadership in the Information and Communications Technology (ICT) sector. Zain has always been one of the first companies to offer the latest generations of telecommunications technologies. As the telecom sector is currently directing towards digital transformation with significant pace, it is evident that current mobile telecom networks will not be capable of satisfying the future needs of the sector with what is currently available. For that, Zain’s impending commercial launch of 5G services comes to keep up with the fast-paced and ever-evolving lifestyle patterns of the community on all levels. The company announced the readiness of its network for the commercial launch of 5G services after the official announcement made by Kuwait’s Communication and Information Technology Regulatory Authority (CITRA) to grant Zain the needed licenses for telecom operators to launch 5G services in the Kuwaiti market. In previous statements, Chairman and CEO of CITRA Salim Al-Othaina stressed the importance of 5G technology, describing it as being vital in benefiting consumers and operators alike, as well as being crucial to the further development of the telecom sector in the country. CITRA has specified the 3.5 GHz C-BAND bandwidth for the operation of 5G technology in Kuwait, a step that will allow a great leap for the advancing of the Kuwaiti telecom sector, especially that it coincides with the country’s preparations for the “regional corridor” telecom project.   Source : https://news.kuwaittimes.net
Medical Service
The First Pulmonary Transplant in Bulgaria is Expected in 2021
In 2021 the first pulmonary transplantation in Bulgaria should be carried out, said Prof. Gencho Nachev, Executive Director of St. Catherine Hospital. He recalled that two patients had already traveled to Vienna to study the possibility of getting a transplant there. One, however, has developed an infection that prevents the procedure. This makes it necessary to choose the next most urgent patient who will also be sent to Vienna. Teams from the hospital of Gencho Nachev and MMA will be trained in Vienna to prepare for transplants in Bulgaria. Prof. Nachev said that the transplantation process in Bulgaria will include practices that are also used in other countries. The transplant itself will be performed at St. Catherine's Hospital and the tracking process from the Pulmonologists in the MMA, but this will be after the patients have undergone the initial treatment and are stabilized. "The real breakthrough will happen when a patient receives a lung transplant in Bulgaria. The decision with the hospital in Vienna is temporary. But it all depends on the availability of a suitable donor, "he said.   Source:https://www.novinite.com/articles/196764/The+First+Pulmonary+Transplant+in+Bulgaria+is+Expected+in+2021
Medical Service
Thailand THG's Yangon hospital taps high-end demand
Thonburi Healthcare Group (THG) has expanded its presence in Myanmar by opening a new private hospital in Yangon in March to leverage the country's growing demand for higher-end healthcare. The group said Ar Yu International Hospital will serve as an alternative for Myanmar citizens and expatriates instead of travelling to Thailand. The new hospital is a joint venture between THG and local partners, 40% owned by THG, 50% owned by Ga Mone Pwint Co and 10% owned by Aryu Ananta Medical Services Co. The project had an investment cost of US$75 million (2.39 billion baht). The company seeks to become a leading operator in international hospitals in Myanmar and hopes Ar Yu will serve as a model for future investments. Tanatip Suppradit, vice-chairman of THG, said the new hospital was a result of leveraging demand for healthcare services in Myanmar that are growing in tandem with the local economy. THG plans to grow its presence in private hospital markets around Asean through collaborations with local partners. "Thailand is the most popular destination for health checkups and other healthcare services among well-off Myanmar people because of their trust in Thai medical service standards," Mr Tanatip said. "Recognising the high growth potential based on strong demand, we decided to invest in building and operating a hospital in Myanmar to provide healthcare services with international standards to both local patients and expatriates. We hope this service will save them the time and cost associated with the need to travel to Thailand." The hospital is equipped with 200 beds, eight operating theatres and 142 inpatient rooms, and offers both outpatient and inpatient services. THG expects the hospital to be considered the top-ranked international hospital in Myanmar soon. The hospital employs about 120 physicians and maintains a variety of specialist centres for care in the cardiac, endoscopic, paediatrician, and ear, nose and throat fields, as well as an emergency department. It is the first private hospital in Myanmar to be a co-investment and managed by a hospital group from Thailand. Mr Tanatip said the hospital boasts state-of-the-art medical technologies like CT scans, MRIs and ultrasound, used to diagnose and treat complicated diseases. It serves 130 patients per day on average, with the figure expected to increase to 300 by the year-end.   Source:https://www.bangkokpost.com
Print
Thai printers press on despite digital challenge
The Thai Printing Association forecasts the printing industry will grow by only 2-3% in 2019 despite a government stimulus package offering personal tax reductions for purchases of new books and e-books this year. The industry benefited from campaign activities in the run-up to the general election on March 24. Pongthira Pathanapiradej, the association's president, said the industry normally generates 120 billion baht annually. Thailand's printing industry includes several segments such as billboards, vinyl boards, newspapers and books. "The sector trend has some room to expand as the printing industry remains a crucial need of consumers," said Mr Pongthira. The book sector will enjoy tax perks, capped at 15,000 baht. "With this measure, many publishers and bookstores are expected to gain sales nationwide, compared with the past when there were no measures to stimulate the reading market," he said. "Thailand's paper consumption stands at roughly 70 kilogrammes per year per head, so the association expects further growth amid the penetration of digital prints and e-books." He said although technology has disrupted the printing industry, the association is still very optimistic about demand from readers of novels and those who prefer the feel of paper-based books. Thailand has 5,845 publishing and printing companies, 70% of which are small firms, while 20% are mid-sized and 10% are large companies. Meanwhile, Mr Pongthira forecasts the printing on package industry to surge 10-20% in 2019 as packaging demand from the e-commerce and food and beverage sectors are driving local consumption. "The printing on package industry is worth about 180 billion baht annually," he said. Manit Kamolsuwan, president of the Thai Packaging Association, said the domestic packaging industry has the potential to expand in line with the trend of online shipping and e-commerce transactions. "The paper packages segment has gained from this consumer lifestyle trend," said Mr Manit. In 2018, the volume of paper packages reached 61.4 billion pieces. The association expects this to grow to 71.3 billion pieces in 2019, driven by business-to-customer shipment flows in e-commerce. He said plastic packaging products will be replaced by paper ones because of consumers' growing environmental awareness. Beattrice Ho, project director of Messe Dusseldorf Asia, said Asia-Pacific is the largest print packaging market, accounting for over 42% of the global market. "This region is expected to become the second fastest growing region by 2020," she said.   Source:https://www.bangkokpost.com
Franchise Industry
Taiwan Franchise Brands forward Nanjing, Food & Beverage brands hot
To assist Taiwan franchise companies for expanding overseas markets continuously, building brands outlets and strengthening exporting energy, TAITRA (Taiwan External Trade Development Council) organized 10 franchise brand companies together and form the "Taiwan Franchise Brands Pavilion” to participate in the China franchise Expo held in Nanjing on June 15th to 17th, 2019. Those brands are Nuttea, Countea – Royal of the tea, Bubble Z, Fried Chicken Master, Justen Tea and etc. During the exhibition, a total of 534 professional buyers visit Taiwan Pavilion, and created business opportunities of approximately US$6.07 million. "Taiwan Franchise Brands Pavilion" has a very distinctive design with industrial style, showing the unique and distinctive personality of Taiwan's various franchise brands. Brands cover those fields like tea, restaurants, unique snacks, smart integration solutions and silver-haired concerned healthy living design. Particularly, all kinds of Foo & Beverage brands based on “health & nature” attracted a large number of people. One of Taiwan exhibitor "QingMu Tian Company", developing various brand products of tea, bakery, gifts and restaurants concerned with 184-year-old Kyoto Uji matcha, met one professional buyer from Tianjin on the first day of the exhibition. The buyer originally visited this exhibition for eel items. However, after talking with "QingMu Tian Company", he decided to be a franchisee of Qing Mu Tian and plans to visit Qing Mu Tian”restaurant in Taiwan for more about the management of matcha brand. The brand of Bubble Z owned by "Chih Cheng Drink & Food Co., Ltd.” is based on Taiwan tea with the combination of Yakult, pudding, freshly squeezed fruit, freshly ground coffee, and without artificial colors, flavor and preservatives. Recent years, Bubble Z has extended to Indonesia, the Philippines and Thailand. During the exhibition, one Chinese buyer who has one Izakaya for six years in Japan visited Bubble Z and decided to become the franchisee of Bubble Z for Tokyo market of Japan. A cat with a pipe in his mouth is the image of “ Countea” brand, focusing on uniquely pearls made from natural petals. “ Countea” represents aristocratic tea with the smell of light and fragrant of flowers. Although its pearls cost a lot higher than traditional ones, pricing is easily accepted by most people. Besides Nanjing local buyers, Countea attracts other buyers from Xinjiang, Inner Mongolia, Wenzhou, Hainan, and even Toronto, Canada and South Korea. Among them, the Korean buyer has already run 200 shops of hand-pulled noodles in South Korea, and fights for winning the agency rights of “ Countea” brand in Korea. In addition to the F&B brands, another exhibitor “Yang Qin International”, running the brand of “Fried Chicken Master” with fresh, juicy and tender meat, joined the exhibition for finding partners. Yang Qin already has his flagship store extended by Nanjing regional agent. During the exhibition, there is no trial food at the booth. Instead, those buyers from Inner Mongolia, Nanchang, Xuzhou, Suzhou, etc., were directly invited to visit the Nanjing flagship store for experiencing and talking more about details. During exhibition, 6 print or TV media reporters including Jinling Evening News, Modern Express, China News Service, NBS, Yangzi Evening Post and Jiangsu News Broadcast visited Taiwan Pavilion and reported the trend of Taiwan popular chain brands. Nanjing local net-red "is a bitter orange" also visited Taiwan Pavilion exhibitors and live broadcast what she sees and what she tastes, successfully attracting 1.305 million viewers and creating high reputation.
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