All posts tagged business

FamilyMart launches no plastic drive

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

FamilyMart launches no plastic drive

Breaking News April 22, 2019 11:38

By The Nation

FamilyMart is showing its concern for the environment with the launch of a new “Green FamilyMart” campaign.

Plastic waste is today considered a major environmental crisis, with much of the problem caused by the reliance on plastic bags.

Plastic bags take almost 500 years to degrade and accumulate in landfills or the natural environment with severe negative impacts on the ecosystem. In Thailand, which is heavily burdened by plastic waste, both the government and private sectors are focusing on environmental campaigns that invite consumers to say no to plastic bags when buying goods from stores.

The situation has led FamilyMart employees to launch the “Green FamilyMart” campaign to promote awareness among Thai consumers of the need to protect natural resources.

Chiranun Poopat, president of Central FamilyMart, says that environmental preservation and sustainability are among the key missions of Central FamilyMart and all other subsidiaries of the Central Group. Activities include giving directions to employees to separate the garbage before leaving, as well as to reduce and stop the single use of plastic bags. The Green FamilyMart committees are committed to play a role in restoring natural resources and not create waste or pollution.

“Over the past several years, we have worked together with our customers, the government sector and local communities on many campaigns, such as the sorting of wet garbage at Koh Samui. This has resulted in the reduction of up to 30 tonnes of wet garbage per annum and allowed processing of biogas for schools on the island. ‘Every No Bag’ is another activity and here we ask for cooperation from our customers to say no to plastic bags while also reducing the number of plastic bags given out at our stores throughout the country. A ‘No Bag Store’ campaign has been launched at selected FamilyMart stores. Other activities include the campaign for reduction of plastic bags in Phuket in cooperation with local communities, and the company’s involvement in the government’s project encouraging people to stop using plastic bags on the fourth day of every month.

“We were able to reduce the amount of plastic bags by more than 30 per cent in 2018 compared to the previous year. For 2019, Green FamilyMart plans to expand its campaign in order to reduce plastic bags in many other areas in collaboration with other companies under the Central Group to underline its commitment to caring for the environment and building sustainability.

“We are also aiming to reduce the amount of plastic bags offered by the FamilyMart stores by another 30 per cent this year,” said Chiranun.

Today, to mark Earth Day, FamilyMart is launching an activity to show its involvement in environmental protection by not offering plastic bags to customers at its stores nationwide. The company has also organised an internal campaign to encourage staff to turn off the electricity for one hour.

FamilyMart operates about 1,010 stores, half of them energy saving outlets. Over the past four years, FamilyMart has reduced its electricity consumption by 80 million units and reduced its carbon footprint by more than 80,000 tonnes.


Wind farm launches earlier than scheduled in Thailand’s south

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation


Wind farm launches earlier than scheduled in Thailand’s south

Breaking News April 22, 2019 11:13

By The Nation

Lomligor Co Ltd, a BCPG affiliate and operator of a wind farm in Pak Panang district, Nakhon Si Thammarat province, commenced COD (commercial operation date) ahead of schedule on April 11.

Bundit Sapianchai, BCPG President and CEO said that on April 11, the 10-MW wind farm in Pak Panang district, Nakhon Si Thammarat province, operated by Lom Ligor Co Ltd, an affiliate of BCPG Group, started selling electricity to the Provincial Electricity Authority (PEA) ahead of schedule. COD was previously scheduled for the second quarter of this year but the earlier launched enabled revenue recognition earlier than planned.

The project, which comprises four wind turbines, with generation capacity of approximately 5.1 hours per day, will generate an average of approximately Bt6.60 per unit revenue, which includes a Bt3.50 adder per unit for 10 years. It is also equipped with an Energy Management System to help manage energy generation efficiency.

“The Company is seeking opportunities to expand its wind energy business in other countries in the Asia-Pacific. Details should be much clearer in the next few months. While we focus on projects with a high return on investment, we are also entering the Digital Energy Business, where we work to offer choices to consumers through innovations so that they can not only produce environmentally friendly energy by themselves but also save on costs,” Bundit said.

Loan guarantor eyes micro SMEs

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

Loan guarantor eyes micro SMEs

Corporate April 22, 2019 01:00

By Somluck Srimalee
The Nation

TCG to help the pave way for loans from financial institutions

Thai Credit Guarantee Corporation (TCG) targets annual growth of 20-30 per cent in loan guarantees till 2022 from the end of last year, focusing on small and medium enterprises (SMEs/micro SMEs), said the company’s new president Dr Rak Vorrakitpokatorn in an interview with the Nation.

“Currently, up to three million SMEs are operating in the country, of which two million are unable to access loans from commercial banks, picos and nano finance companies, while the other one million have already secured funding from financial institutions. In addition, there are two million micro-SMEs who have also been denied access to loans,” he said.

Micro SMEs include  taxi drivers, motorcycle taxi drivers and small online businesses, he added.

“Micro SMEs is now our target group. We will advise them on ways to successfully apply for funding from banks and finance companies. As a priority in driving growth, we have set out to support these small operators and to enhance our reliability among lenders in the process of loan approval”.

Rak took over the presidency four months ago on a four-year term till the end of 2022.

In line with the new strategy, the company will adjust its business model from evaluating loan guarantees for companies suggested by the banks to reaching out to potential clients.

“We plan to launch Loan Clinic, an online app offering advice and expertise from how to manage a company’s revenues and spending to preparing financial statements for a loan application. It will be unveiled next month, he said.

Rak said the app is accessible to all users and TCG will waive the guarantee fee for the first year as means to reduce a company’s operation cost prior to applying for a loan.

This year, the company will invest up to Bt200 million in upgrading its information technology(IT) system in line with the new business model.

To meet customer demands, another Bt300 million will be spent on digital technology development between 2020 and 2022.

With the upgrade of its IT system, TCG will further reduce the process of loan guarantee approval for its customers to a single day next month. The process has already been reduced from 14 days to three days, he said.

“The faster working process will increase our approval target for loan guarantees from an average of Bt88 billion in previous years to Bt115.5 billion this year. It will also boost the number of our new customers from an average of 54,969 a year to 89,166 in 2019,” he said.

TCG is also embarking on a re-organisation process. It has appointed PWC as its adviser on business restructuring and operational direction for the future.

These measures will drive TCG forward as the top guarantor for both loan applicants and lenders in the country, Rak concluded.

Move on NVDRs expected to draw foreign capital to SET

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

Move on NVDRs expected to draw foreign capital to SET

Corporate April 22, 2019 01:00

By The Nation

Investment analysts expect foreign capital to flow into the Thai bourse next month, driven by MSCI’s planned inclusion of non-voting depository receipts (NVDRs) into its emerging markets index.

Aside from the US Federal Reserve’s policy of monetary easing, signalling no interest-rate rise for the rest of the year, global index provider MSCI’s plan to include NVDRs, a class of shares held by foreigners, in its closely watched emerging markets index would boost demand for investment in emerging-market assets, said Visit Ongpipattanakul, managing director of Trinity Securities.

Should MSCI go ahead with the plan, foreign funds with reference to the MSCI Index would likely increase their weighting of Thai stocks in their portfolios with an estimated amount of about Bt60-Bt70 billion into the Thai bourse, given the large number of foreign investors holding Thai stocks through NVDRs, he said.

Thai stocks make up about 2.5 per cent of the MSCI Emerging Markets Index. NVDRs are depository receipts issued by Thai NVDR Co Ltd.

 Wijit Arayapisit, investment strategist of Maybank Kim Eng Securities (Thailand), said that short-term foreign capital will likely flow back into the Thai stock market in May due mainly to MSCI’s “rebalancing to increase its weight in Thai stocks”.

Kitpon Praipaisarnkit, a strategist at UOB Kay Hian Securities (Thailand), expects net buy of Thai stocks by foreign investors, given the likelihood of MSCI’s inclusion of NVDRs and the formation of a new government.

“It’s difficult to evaluate capital movement of foreign investors who net sold nearly Bt300 billion of Thai stocks last year. If foreign capital flows back, there must be contributing factors such as political stability,” Wijit said.

Foreign investors who net sold Thai stocks are expected to net buy Thai equities this year, he said.

Tisco Securities expects foreign investors to net buy Bt50Bt80 billion worth of Thai shares this year. Its estimate of this year’s earnings per share (EPS) has been cut to Bt123 due mainly to the expected impact on Thai exports and tourism in light of the global economic slowdown. It projected the SET Index to end at 1,790 points this year.

UOB Kay Hian Securities (Thailand) revised down its prediction of this year’s EPS to Bt118. It projected the SET Index to end the year at 1,800 points.

Trinity Securities cut its estimate of the 2019 market EPS to Bt108 early this month after listed firms were required to increase their provisions as a result of the new legal requirements, while Maybank Kim Eng Securities (Thailand) slashed its forecast of this year’s EPS to Bt113.50 from Bt116 estimated earlier.

Trinity Securities forecast the SET Index to reach 1,780 points at the year-end while Maybank Kim Eng Securities (Thailand) expects 1,730 points.

How to TRAVEL FAR with a can-do spirit

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation


How to TRAVEL FAR with a can-do spirit

Corporate April 20, 2019 01:00


PIMPAWEE Nopakitgumjorn, a top executive at Expedia Group Thailand, says her goal is to help Thai hoteliers in cities of all sizes to attract more global travellers and become more competitive in the digital world by using Expedia Group’s global platform, data analysis skills, and tools.

Expedia Group is one of the world’s largest travel platforms.

Pimpawee, 40, is the director of market management at Expedia Group Thailand, overseeing the Expedia Group Lodging Partner Services (LPS). She is responsible for leading the LPS account management teams and sourcing lodging supplies in Thailand.

“Our goal is to help Thai hoteliers attract more global travellers from 75-plus countries through our powerful travel brands portfolios and equip them with the best-in-class tools and technologies, so they can be more competitive in the digital world,” she says.

She says that Expedia, as the world’s leading online travel agency, provides an innovative and powerful platform that has been proven to help hoteliers reach millions of travellers worldwide and reap the benefits from a set of its tools and technology. This is a critical factor that helps Expedia Group harness partnership with partners in Thailand.

“I think that today, hoteliers in Thailand have a better understanding of the importance of being visible and bookable online,” Pimpawee says.

“Over the past 10 years, we’ve built a strong relationship with our partners, empowering them with the latest technology and tools to help them succeed. We strongly believe the platform, tools, and services we offer are competitive to cater partners’ needs.”

Pimpawee says that Expedia, together with the Tourism Authority of Thailand (TAT), is committed to playing a pivotal role in improving the digital literacy across Thailand’s hospitality sector and, ultimately, help generate more income for local economies.

Pimpawee, who has a background in engineering, was attracted to the travel industry because she was born and raised in Thailand, where tourism plays a major role in the economy.

“My combined background in engineering and an MBA (master of business administration) convinced me I should do more for the Thai tourism industry and here I am, together with my team, supporting hoteliers across the country to showcase their products and services to the travellers around the world,” she adds.

Pimpawee places great value on collaboration and diversity. She said that it is the teamwork and the collaboration that has got her to where she is now. She adds that she aims to make a difference and relentlessly strive for better outcomes in everything she does.

When asked if it is a challenge to work within this global organisation, she says she is proud to be a Thai female in a leadership position in such a prominent company.

“I have been with Expedia Group for 12 years and I must say this is a great company that values diversity and gender balance,” says.

“Gender discrimination has never been applied to me or those around me. I want to encourage women in the workforce to be vocal about the issues they are facing and seek support and mentoring sponsorships within the organisation. Plus, it’s critical to get male colleagues involved in advocating diversity and gender balance. There has been much research that shows that companies with a good gender balance obtain the best business results.”

Of the challenges that she faces in her work, Pimpawee singles out time – and the lack of it in her busy schedule.

“I feel I never have enough time to do everything I want to do,” she says. “Time management is vitally important to achieve success. I have learned that prioritisation and effective delegation are required. Being able to rely on a team and having teams to work together towards a goal is absolutely critical.”

Under her management style, she has encouraged her team to come up with a strong sense of project ownership. The overall success of the team must come from the collective work each team member contributes.

“I have high standards and believe in aiming to be better each and every day,” she says. “We foster a feedback culture where we help to provide feedback to one another, so that we can improve continuously.”

To this end, Expedia Group uses artificial intelligence (AI) and machine learning in its everyday business.

“Our interactions with the customer give us millions of data points that we can leverage to understand where customers’ intent is, and how best to assist them in their conversions,” Pimpawee says. “We harness the power of our global platform by analysing these millions of data points, wrap hoteliers with data-driven tools around them, and provide insights that matter for their businesses.”

Pimpawee believes that Expedia is now one of the first choices that come to people’s minds in Thailand when it comes to booking travel services – be it hotels, flights, local activities or packages. She herself does travel occasionally for leisure and, of course, uses Expedia to book her own trips. New York is her favourite destination.

“I love New York. Last time I went there was before I got married and had a son. I want to go back there again to see if it is still my favourite destination. I keep having a feeling that Australia could be our new family’s favourite destination,” she says.

Bank of Ayudhya sees 105% jump in first-quarter profits

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

Bank of Ayudhya sees 105% jump in first-quarter profits

Corporate April 19, 2019 19:20

By The Nation

Bank of Ayudhya Plc and its business units have announced a robust performance for the first quarter of 2019, with a record net profit of Bt12.7 billion, a 104.9-per-cent increase from the same quarter of last year.

The increase in the Bank’s quarterly net profit was attributed to higher non-interest income of 95.6 per cent, mainly driven by the gains on investments from the sales of 50 per cent of shares in Ngern Tid Lor (NTL).

These strong earnings underscore Krungsri’s competitive strength and well-balanced portfolio, as well as effective cost management, Krungsri president and chief executive officer Noriaki Goto said in a release on Friday.

TRIS Rating affirms BBB+ company rating for Hattha Kaksekar Ltd

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

TRIS Rating affirms BBB+ company rating for Hattha Kaksekar Ltd

Corporate April 19, 2019 18:35

By The Nation

TRIS Rating has affirmed a “BBB+” company rating on Hattha Kaksekar Ltd (HKL).

The rating is enhanced from HKL’s stand-alone rating to reflect the company’s status as a strategically important subsidiary of Bank of Ayudhya PLC (BAY, rated “AAA/Stable” by TRIS Rating), TRIS reported. HKL has received strong business and financial support from BAY.

TRIS said it believed the support is likely to continue as HKL is one of the companies within the solo consolidation group of BAY.

The stand-alone rating reflects HKL’s strong market position as a top-three microfinance deposit-taking institution (MDI) and nationwide branch network in Cambodia, as well as its diverse customer base and prudent risk management systems.

However, the country risk of the kingdom of Cambodia, regulatory risk, and high competition in the microfinance segment constrain the rating, said TRIS.

Nakornthon Hospital organises event showcasing their expertise

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

  • Pensiri Thongsima marketing and business development director at Nakornthon Hospital

Nakornthon Hospital organises event showcasing their expertise

Corporate April 19, 2019 18:16

By The Nation

To demonstrate its potential as a leading specialty hospital in the Rama II area, Nakornthon Hospital has organised an organizes “Expert Care, Personal Approach” event between April 19-21 this year at Activity Zone on the first floor of Central Rama II.

The 24-year-old hospital is working toward status as a “Global Standard Hospital” with specialty medical expertise in all disciplines.

The medical specialties can be sorted into two pillars, said Pensiri Thongsima marketing and business development director. First are medical personnel who graduated in specialised fields with substantial professional experience, and while the second pillar is comprised of specialized medical facilities for dedicated treatment of specialty disease.

Begun as a general hospital, Nakornthon Hospital has developed into a multi-specialty hospital, and currently operates over 20 specialised medical centres under one roof.

Savers must allow banks to send information to tax officials: Finance Minister

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

Savers must allow banks to send information to tax officials: Finance Minister

Economy April 19, 2019 18:21

By Wichit Chaitrong
The Nation

2,809 Viewed

Bank customers are required to consent to banks forwarding their savings-account information to the Revenue Department, as the Finance Ministry tries to eliminate tax evasion, Finance Minister Apisak Tantivorawong said on Friday.


A new tax regulation enforced since April 4, requires bank passbook holders to allow banks to send information about the interest they have earned on their accounts to the Revenue Department. The tax exemption for interest income up to Bt20,000 annually still remains, said Apisak. Those who get interest rate return on their savings above Bt20,000 will be subject to a 15-per-cent tax rate.

Savings-account holders must register with banks their intention to give up information to the Revenue Department.

The Revenue Department explained that people with savings of about Bt4 million would get interest returns of more than Bt20,000, while the remaining 99 per cent of bank accounts have on average less than Bt1 million in savings.

Outgoing govt plans Bt20 bn stimulus amid slowdown signs

Published April 22, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

Outgoing govt plans Bt20 bn stimulus amid slowdown signs

Economy April 19, 2019 17:27

By Wichit Chaitrong
The Nation

2,431 Viewed

The government is planning to inject Bt20 billion into the economy amid signs of economic slowdown and political uncertainty after last month’s election.

The government needs to shore up the economy over the next few months as economic indicators suggested an economic slowdown, Deputy Prime Minister Somkid Jatusripitak said on Friday, after meeting with senior officials at the Finance Ministry.

He defended the outgoing government taking the action after the recent election, arguing that the money is not going to a large project and that it was necessary to shore up the economy before the next government takes office.

The stimulus package will be designed to boost consumption and tourism, while creating incentives for residential loans and supporting lower income people who hold state welfare cards, Somkid said. The package is expected to be sent for the Cabinet approval within two weeks, he added.

Meanwhile, Finance Minister Apisak Tantivorawong affirmed the Bt20 billion package. To boost consumption, consumers would get a tax reduction for spending on educational materials, domestic travel and for low-income people to purchase homes, he said. The tax reduction would be about 1.5 to two times the actual spending, he added.

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