In Industry news, The Nation covered The Economic and Trade Office of the Embassy of Israel held the "IIT-SEA Mobile Forum: The 1st Israeli Innovation Technologies Day" in Bangkok. The event promoted the Middle Eastern nation's creativity, innovation and entrepreneurship in Thailand and the region, and presented Israeli innovative technologies in the field of mobile, new media and social networks to Thai businesses. Israel wanted to create inspiration and awareness of innovation creativity in Thailand, with a focus on high technologies in mobile and social networks. Adopting Israel innovation technologies (IIT) will enable Thai Industries to reduce production costs and increase yields, with the emphasis on timing before the Asean Economic Community comes fully into effect at the end of next year.