1 Year 2000 -
First Financial Industry-wide
Y2K Test Passed!
Prime Minister Dr. Trairong Suwankhiri, Dr. Pairash Thajchayapong,
Director of National Science and Technology Agency (NSTDA),
and Mr. Somkit Jiranuntarut, Chairman of Stock Exchange of
Thailand Y2K Command Center, gave a press conference at 16:00
hours on January 1, 2000. Apparently the first day of the
year experienced only minor glitches. Financial sector, led
by Bank of Thailand and Stock Exchange of Thailand (SET),
passed their first industry-wide Y2K tests for the millennium.
to Dr. Trairong, the situation at National Y2K Command Center
is calm. Since 10:00 hours of December 31, 1999 until 15:00
hours of January 1, 2000, there have been a total of 1,348
calls, of which 1,108 were inquiries and 240 were reported
incidents. Ninety-nine cases of these incidents were related
to telecommunications; 54 cases were related to power and
energy; 14 cases were related to finance and banking; and
the rest were miscellaneous problems. So far, the follow ups
of these incidents showed that very few were related to Y2K.
The other 39 Y2K Command Centers in the public sector and
75 provincial Y2K Command Centers also reported no unusual
Somkit reported the success of SET industry-wide test with
the brokerage firms, Thailand Stock Depository Center, Custodian
banks, Listed companies, and news vendors. Both roll-over
testing and simulation testing of normal working day passed.
were made to Deputy Prime Minister Trairong via audio conferences
from Bank of Thailand, KrungThai Bank, Chiangmai Y2K Command
Center, and Songkhla Y2K Command Center.
- Bank of Thailand
also reported its success of its industry-wide test with
commercial banks and other financial institutions, which
included funds transfer test through BahtNet system.
- KrungThai Bank reported
- ChiangMai Y2K Command
center reported no problem with power utilities and its
international airport. However, congestion in international
telecommunication were experienced during the hour of the
- Songkhla Y2K Command
center reported a minor glitch with a relay system of a
district power plant which displayed the wrong date. This
problem, however, did not effect electricity distribution
in the area.
Dr. Trairong re-emphasized
that had we not spent our efforts in solving Y2K problems,
the transition into the new millennium would not have been
this smooth. National Y2K Center informed that the impact
of most Y2K-related cases were at personal or within organizational
level, such as problems with PABX for apartments, problems
with a LAN server in a company, problems with an accounting
system, problems with some electrical appliances, a problem
with a lab equipment, etc. All of which did not affect the
public at large.
Dr. Pairash Thajchayapong maintained that National Y2K Center
will continue its monitoring service. The next critical period
will be on January 4, 2000, which is the first working day.
The Center warned that people still have to be cautious with
information exchanges between organizations, both domestics
and international level.
Y2K Command Center will remain operational at Telephone Organization
of Thailand until January 4, 2000. Mechanisms for people to
report problems after such date will be announced at the press
conference on January 3, at 16:00 hours.
National Y2K Command Center
1 January 2000