VGI Wins Highest Corporate Brand Value for the Sixth Time from Asean and Thailand’s Top Corporate Brands 2022 

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VGI Wins Highest Corporate Brand Value for the Sixth Time from Asean and Thailand’s Top Corporate Brands 2022 

VGI Wins Highest Corporate Brand Value for the Sixth Time from Asean and Thailand’s Top Corporate Brands 2022 

THURSDAY, JANUARY 19, 2023

VGI PLC, the leader of Offline-to-Online (“O2O”) Marketing Solutions across multiple platforms, led by Chief Financial Officer, Chitkasem Moo-Ming, accepted an award from Asean and Thailand’s Top Corporate Brands 2022 for the highest corporate brand value under the media category.

The event was jointly organized by the Masters in Marketing and Branding Programme (MBM) under the Faculty of Commerce and Accountancy, Chulalongkorn Business School, and the Stock Exchange of Thailand. The award was presented by Prof. Bundhit Eua-arporn, President of Chulalongkorn University.

This is the sixth time VGI has received the prestigious award, further attesting to the Company’s strength and unwavering commitment to delivering sustainable returns for all stakeholders, society and the environment. VGI’s corporate brand value stands at 48.612 billion baht. (as of 18 January 2023)

Commenting on this achievement, Chitkasem said, “Winning this award for the sixth time is truly a testament to our vision to be the lead provider of forward-thinking solutions guided by our robust and inimitable ecosystem encompassing Advertising, Payment and Distribution platforms. Thanks to our strong foundation and financial stability, we have demonstrated time and again our unique capability to maintain a prominent standing within the media industry even in the most uncertain times.”

VGI Wins Highest Corporate Brand Value for the Sixth Time from Asean and Thailand’s Top Corporate Brands 2022 

The top corporate brand value is appraised through the CBS Valuation (Corporate Brand Success Valuation) tool developed by Prof. Guntalee Ruenrom and Ake Pattaratanakun of Chulalongkorn University. This tool offers a systematic mechanism to measure corporate brand value in the Asean region and Thailand in monetary terms with an emphasis on the importance of organisational development for sustainability. The valuation is recognised to lead to greater stakeholder confidence and contribute to the strength of corporations capable of having a positive impact on the future of the national economy.

CPF unveils roadmap towards Net Zero, kicked off with 100% abandonment of coal use in Thailand 

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CPF unveils roadmap towards Net Zero, kicked off with 100% abandonment of coal use in Thailand 

CPF unveils roadmap towards Net Zero, kicked off with 100% abandonment of coal use in Thailand 

THURSDAY, JANUARY 19, 2023

Charoen Pokphand Foods Public Company Limited (CPF) unveils the roadmap towards the Net Zero Greenhouse Gas Emission target and the 100% stop of coal use for operations in Thailand under the Coal Free 2022 target.  

For food security, the 3 Smart approach – Smart SourcingSmart Production and Smart Consumption – will be implemented to drive business from upstream to downstream towards conservation goals with support from innovation, technology, and automation systems.

Prasit Boondoungprasert, Chief Executive Officer of CPF; Peerapong Krinchai, Executive Vice President – Corporate Engineering and Kobboon Srichai, Head of Corporate Affairs and Investor Relations at CPF joined the press conference to unveil the plan towards Net Zero and the achievement of Coal Free 2022 target at CP Tower Silom Building.  

CPF unveils roadmap towards Net Zero, kicked off with 100% abandonment of coal use in Thailand 

Prasit said that risks from climate change and the Covid-19 pandemic have sent impacts on global food security. As a leading integrated agro-industrial and food business operator, CPF is aware of its role in producing sufficient food and satisfying customer demand in normal times and times of crisis as well as supporting the global commitment to climate impact mitigation and the United Nations Sustainable Development Goals (SDGs). All drive CPF to announce the Net Zero 2050 target. 

2023 marks a significant beginning of the moves towards the target after CPF achieves the 100% stop of coal use in Thailand under the Coal Free 2022 target. In line with the Bio-circular Green Economy (BCG) concept honoured by Thailand and the global community, Thai operations have shifted their focus to biomass energy. Renewable energy now contributes 30% of energy use, making CPF one of the top-tier food companies in terms of renewable energy consumption. The switch has also reduced greenhouse gas emissions by more than 600,000 tons of carbon dioxide equivalent. 

CPF unveils roadmap towards Net Zero, kicked off with 100% abandonment of coal use in Thailand 

Under the Net Zero target, CPF has introduced innovation, AI/IoT technology and automation systems to enhance production efficiency. Under the 3 Smart approach, CPF’s business chain, from upstream to downstream, will strive to materialize Smart Sourcing, Smart Production and Smart Consumption.  

Smart Sourcing:  Ensuring sustainable sourcing throughout the supply chain. The sourcing of key agricultural materials including corn and soybean must be traceable, to ensure they are not from encroached forest areas.

Smart Production:  Harnessing power from biomass sources in replacement of coal. Animal manure and wastewater are turned into energy (Waste to Energy). The biogas system is deployed to process manure and wastewater from pig and layer chicken farms. Methane gas deriving from the process is used to produce electricity for the farms’ internal use, saving electricity use by 50-70%.

Smart Consumption: Calculating the carbon footprints of food products for the formulation of an emission reduction plan, and emphasizing eco-friendly packaging. 

Prasit added that in 2023, all CPF business units in Thailand and abroad will jointly devise a roadmap and Climate Transition Action Plans, based on the group’s greenhouse gas emission data in 2020.

The roadmap will guide CPF towards the Net Zero short-term target (2030) and long-term target (2050), taking into consideration the best and scientifically-proven standards under the Science Based Initiatives (SBTi). The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). After its launch in 2015, more than 2,000 companies have joined SBTi’s call to set emission reduction targets with science-based initiatives, to keep the average global temperature from reaching 1.5 degrees Celcius above pre-industrial levels.

CPF has implemented a program to increase green areas at operating sites, aside from conservation and rehabilitation projects for terrestrial forests and mangroves under the target to enhance green areas by at least 20,000 rai within 2030. The “CPF Rak Nives at Phraya Doen Thong Mountain Project” in Phatthana Nikhom District, Lopburi province and the CPF Grow-Share-Protect Mangrove Forestation Project in RayongSamut SakhonChumpornSongkhla and Trat provinces have covered more than 14,000 rai.

Start the week in style with Marriott Bonvoy’s “Monday Madness” in Thailand

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Start the week in style with Marriott Bonvoy’s “Monday Madness” in Thailand

Start the week in style with Marriott Bonvoy’s “Monday Madness” in Thailand

THURSDAY, JANUARY 19, 2023

Guests and local residents can discover a series of attractive culinary offers all across the kingdom, from restaurant dinners to daily bites, social drinks promotions and more!

Bangkok, Thailand – Marriott Bonvoy, Marriott International’s award-winning travel program and marketplace, is making Mondays even more appetizing in Thailand with exclusive epicurean offers. Under the “Monday Madness” promotion, members can kickstart their week with enticing culinary deals and discounts in Bangkok, Phuket, Koh Samui, Pattaya and Rayong. 

Take your pick from these attractive offers for dining and drinks:

W Bangkok is offering “buy on get one free” on all craft beers at the Tipsy Cow, while Royal Orchid Sheraton Hotel & Towers is inviting guests to enjoy free-flow Aperol spritz cocktails at Giorgio’s, when four people dine at this popular Italian restaurant. At Mayfair, Bangkok – Marriott Executive Apartments, diners will receive 15% off all à la carte dishes at Bistro M, and Sukhumvit Park, Bangkok – Marriott Executive Apartments is serving breakfast for only THB 24 (for the second diner, when accompanied by one full-paying guest at Bistro M).

Also in the Thai capital, The Athenee Hotel, a Luxury Collection Hotel, Bangkok has unveiled a special price of just THB 950 for the International Buffet Dinner at Rain Tree Café, and a choice of cocktails for just THB 1 at The Glaz Bar (for the second drink when two cocktails are purchased). Meanwhile at The Westin Grande Sukhumvit, “Monday Madness” will take place at Seasonal Tastes, with a tempting price of THB 990++ per person for the Lunch Buffet, Kisso Japanese restaurant, which is offering complimentary maki rolls with every set lunch menu, and Zest Bar & Terrace, where guests can sip free-flow Chang beer accompanied by a choice of snacks.

Start the week in style with Marriott Bonvoy’s “Monday Madness” in Thailand

At Courtyard by Marriott Bangkok, the promotion extends to a 20% discount on all food and drinks at MoMo Café, and The St. Regis Bangkok is inviting guests to sip its Violet Hour Martini, with 50% off the second drink at The St. Regis Bar, while VIU has revealed an exclusive price for its Surf & Turf Set: only THB 2,990++ per person. 

In Phuket, Four Points by Sheraton Phuket Patong Beach Resort is offering 10% off when guests spend THB 2,000 at Sears & Co, and Phuket Marriott Resort & Spa, Merlin Beach will let guests unwind with a cheese board and a glass of wine for just THB 650 net. JW Marriott Phuket Resort & Spa is showcasing the finest fruits de mer with its Fresh Andaman Seafood Stack, and Le Méridien Phuket Beach Resort is serving its “Double Trouble” beer & burger combo for only THB 699++. 

Renaissance Phuket Resort & Spa is making Mondays more appetizing with a special offer, THB 999++ for four cocktails accompanied by a plate of beef nachos, and at The Naka Island, a Luxury Collection Resort & Spa, steak lovers can savor a succulent Argentinian spiced ribeye and a glass of red wine for THB 1,999++ at My Grill.

Start the week in style with Marriott Bonvoy’s “Monday Madness” in Thailand

In Koh Samui, Sheraton Samui Resort is training guests for a “Wine Marathon”, three hours of free-flow wine and beer for just THB 690++ at Blue Monkey, and Vana Belle, a Luxury Collection Resort is letting guests savor its “Bubble Breakfast” at Kiree Restaurant, with a series of delicacies accompanied by sparkling wine.

Finally on Thailand’s Eastern Seaboard, Courtyard by Marriott North Pattaya is offering a 50% discount on all beverages at Spart’s Bar throughout the day, and Rayong Marriott Resort & Spa is celebrating with a “buy one get one free” promotion on its Rayong Night cocktail at The Lounge.

For more information on exclusive dining deals, please click here 

Monday Madness runs from 16th January to 27th March 2023, and is only available for Marriott Bonvoy members. Not a member yet? Click here to sign up for free today!

To learn more about Marriott Bonvoy, please visit https://www.marriott.com/loyalty.mi.

Make your dreams come true with KBank Young Scholarship Program 2023 

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Make your dreams come true with KBank Young Scholarship Program 2023 

Make your dreams come true with KBank Young Scholarship Program 2023 

WEDNESDAY, JANUARY 18, 2023

Kasikorn Bank is seeking highly capable personnel to advance its K Strategy in a new-era financial world with KBank Young Scholarship 2023.

To this end, the Bank will hold an examination for five graduate scholarships at the world’s most prestigious universities.

Fourth-year students who are going to complete their bachelor’s degree are invited to sit for the examination.

Scholarship recipients will have a chance to learn and get hands-on experience to find their fields of interest before furthering their studies as needed and in alignment with KBank’s business directions.

Aside from getting the scholarship, they will have a chance to take on the challenging work at KBank.

Applications are open from now until March 15, 2023, at KBank’s website, https://www.kasikornbank.com/th/news

Make your dreams come true with KBank Young Scholarship Program 2023 

Krit JitjangKBank President, said as human resource development is a crucial driver of the organization towards its established goals, KBank has been committed to the continuous enhancement of employee potential, based on the concept of providing staff members with the “Possibility to Make an Impact” and allowing them to “Unleash Your Full Potential”.

All employees have been encouraged to use their knowledge and capabilities and to unleash their full potential, with an emphasis on learning by doing. KBank aims to create leaders who can grow with the organization.

Employees have the opportunity to work with capable supervisors and teams of high potential in an organization with an advantage in terms of investment funds, customer database, technologies and partnerships with Thailand’s leading businesses and startups, which form part of KBank’s business network. 

Under this year’s KBank Young Scholarship Project, applications have been opened for five scholarships, and eligible applicants are fourth-year university students.

The scholarships will be granted for master’s degree study at a world-class university, and students can choose a field of study which aligns with KBank’s strategies and business directions.

A special feature of the scholarships is that, for the first three years, students will have the opportunity to explore their interests and preferences by working with professional teams on key tasks and to take part in driving the businesses of KBank and K Companies towards success. Such tasks are, for example, those in the areas of IT/Technology & Fintech, Business Extension & Partnership Management, Beyond Banking & Innovation, Business Data Analytics, Investment Banking, and Regional Business, in both Thailand and foreign countries. After graduation, they will also return to work with KBank. 

Candidates must currently be final-year university students or scheduled to complete their bachelor’s degree in 2023, with a GPA of at least 3.25. Special consideration will be given to candidates who have participated in various activities such as business case competitions at their universities or those who have completed an internship. Additionally, they should be keen learners, adaptable, and those who dare to think, try and decide for business success. Registration starts on March 15, 2023. 

For more details, please contact the People Development Department (Scholarship), tel. 02-4701361, 02-4701656 or 02-4705915, or KBankScholarship@kasikornbank.com. 


Mr. Krit added, “KBank scholarship recipients will attend a preparation program for studying abroad. The Bank will arrange an overseas education consulting company to help develop the potential of the scholarship recipients in terms of work experience and language proficiency. KBank will support all related expenses during university preparation and study that related costs with close guidance from our Human Resource Development team. We aim to strengthen their capabilities in all aspects and expect them to return to drive the businesses of KBank and K Companies towards success. This is considered one of the most important opportunities for university students who dream to study at a world-class educational institution and gain experience in working with a leading organization in the country.” 

Two Thai tennis talents get wild cards as Thailand Open returns to Hua Hin

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Two Thai tennis talents get wild cards as Thailand Open returns to Hua Hin

Two Thai tennis talents get wild cards as Thailand Open returns to Hua Hin

THURSDAY, JANUARY 19, 2023

Australian three-time Grand Slam quarter-finalist Ajla Tomljanovic is among high-ranked players competing in the WTA “Thailand Open 2023 by E@”.

The event will be held at True Arena Hua Hin Sport Club in Prachuap Khiri Khan province from January 31 to February 5.

It is the most lucrative WTA event in Southeast Asia, offering a total prize money of US$250,000 (9.37 million baht).

Two Thai tennis talents get wild cards as Thailand Open returns to Hua Hin

The event returns to the beach resort of Hua Hin for the first time since the pandemic outbreak. The first edition was held in 2019, won by Dayana Yastremska of Ukraine, while Magda Linettee of Poland won in 2020.

Lawn Tennis Association of Thailand honorary president Suwat Liptapanlop revealed that the top 50-100 players in the world have shown interest in competing in this year’s edition of the country’s largest tennis event.

“This year we have an impressive line-up, which includes world No. 35 Ajla Tomljanovic of Australia, who reached the quarter-finals at Wimbledon in 2021 and 2022, and at the US Open in 2022. In the 2019 Thailand Open, she was involved in a nail-biting final showdown with eventual champion Yastremska, who will also return this year. They will be joined by world No. 46 Magda Linettee of Poland, who will defend her crown [won in 2020] and world No. 71 Tatjana Maria of Germany, a Wimbledon semi-finalist in 2022,” said Suwat.

The press conference was attended by Sports Authority of Thailand deputy governor and director of Professional Sports Development and the Boxing Department Tanukiat Junchum, director of Energy Absolute Pcl Wutthilerd Chiannilkulchai, and Proud Group executive director Proudputh Liptapanlop, as a representative of True Arena Hua Hin Sport Club.

Asia will be represented by world No. 49 Wang Xiyu of China, the former world junior No. 1 and junior US Open winner in 2018 and her compatriot Zhu Lin, ranked No. 85 in the world.

The tournament will grant wild cards to two local hopes — Luksika Kumkhum, who is currently No. 321, and Chompoothip Jundakate, the former world No. 540.

Suwat revealed that this year’s tournament would maintain its allure by offering a variety of off-court activities that would allow players to not only explore the beauty of Hua Hin but also learn about Thai culture.

“There is a diverse range of activities which include Thai boxing and Thai cooking. Players will learn how to create traditional man-made Khomapastr printing fabrics and acquire basic skills for painting shoes. Moreover, they will witness a rare vintage car collection, artworks by famous global and local artists and take part in football activity with a Korean team,” said Suwat. 

He added that tennis enthusiasts in Thailand can enjoy Full HUD coverage of the event on TrueVisions. 

Tanukiat said: “Thailand’s economy has benefited from the organisation of sporting events. Sports tourism helps to boost our nation’s reputation while also enhancing our athletes’ performance on the international stage.” 

Wutthilerd said: “We consider it an honour to participate in this competition because we recognise the value of sports promotion and the need to advance Thai sports on the international scene. We want to provide Thai tennis fans the chance to see top-notch tennis and encourage young people to pursue professional sports careers.”

Proudputh said that True Arena Hua Hin Sport Club was “delighted that the WTA has chosen us as the host venue. Our facility features an Australian Open-standard court surface with a centre court that can accommodate up to 2,000 spectators. We are confident that, as a result of our previous experience hosting international events, we will be able to maintain the same international standard and leave an impression on the minds of fans and players throughout the tournament.”

For further information and tickets, contact True Arena Hua Hin telephone number 032-909-633 or visit www.truearenahuahin.com.

Cash prize for 2023 Thai LPGA Tour exceeds 17.4 million baht

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Cash prize for 2023 Thai LPGA Tour exceeds 17.4 million baht

Cash prize for 2023 Thai LPGA Tour exceeds 17.4 million baht

WEDNESDAY, JANUARY 18, 2023

THE NATION

Thai Ladies Professional Golf Association (Thai LPGA) announced on Wednesday (January 18) that the 2023 season competition will include 10 matches, with total prize money of 17.4 million baht.

The association also addressed the official inclusion of the Thai LPGA Tour in the Women’s World Golf Rankings (WWGR) in 2023.
 

Present at the press conference were the President of the Thai LPGA Krisada Tanvilai, who presided over the event, the Director of the Sports Development Division Nattapon Antarasena, Executive Director of BG Container Glass Silparat Watthanakasetr, and the Director of Special Activities of Boon Rawd Trading Kittisak Chaimongkoltrakul.

Krisada said that Thai LPGA has achieved another milestone, which proves that the country’s golf competition, golf course, committee, and athletes reached an international level. 

Nattapon pointed out that as the tournament was included in WWGR, SAT is ready to assist the association in raising its competition to higher level.

Cash prize for 2023 Thai LPGA Tour exceeds 17.4 million baht

In an attempt to find this year’s qualified golfers in 2023 competition, the Q-school (Qualifying school) competitions were set to run from January 25 to January 27 at Watermill Golf and Gardens Golf Course. The players ranked below twentieth will win the right to be in eighth place. Golfers who position between twentieth to fiftieth will be entitled to ninth place, while those who finish higher than fiftieth will belong to the tenth place, with a cash prize totalling more than 200,000 baht. 

This year’s tournaments will start with the BCG championship, with a prize worth 1.2 million baht at Watermill Golf and Gardens Golf Course during February 1-3, followed by several important competitions namely SINGHA Pattaya Ladies Open (March 29-31), LPGA Championship (August 9-11), and BGC Thailand LPGA Master (September 6-8). 

LPGA tour competition is sponsored by numerous renowned organizations such as the Sports Authority of Thailand, National Sports Development Fund, BG Container Glass, Central Group, etc. 

Cash prize for 2023 Thai LPGA Tour exceeds 17.4 million baht
Cash prize for 2023 Thai LPGA Tour exceeds 17.4 million baht

THE NATION

Curtain rises for Bangkok Film Festival on Friday

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Curtain rises for Bangkok Film Festival on Friday

Curtain rises for Bangkok Film Festival on Friday

WEDNESDAY, JANUARY 18, 2023

The three-day Bangkok Film Festival 2023 will open at the Bangkok Art and Culture Centre on Rama I Road in Pathumwan district for the weekend of January 20-22.

The festival is part of the Bangkok Metropolitan Administration’s “Colourful Bangkok” campaign, which promises 12 art and culture festivals throughout the year to promote the city as a creative destination.

The highlight will be daily screenings of three award-winning films – “Legend of Suriyothai”, “Bad Genius”, and “Blue Again” – at the open-air style theatre in front of the centre.

The festival will include the seminar “Bangkok: The Creative City”, a workshop on film directing, editing, and screenwriting by experts, and a competition of short documentary films under the theme “Connecting Bangkok 2030”. The competition offers prizes totalling 200,000 baht.

Film buffs will also be treated to live music performances by six youth bands as well as a shopping bonanza of bargains on products unique to each of Bangkok’s 50 districts.

The festival runs from 10am till 10pm each day. For more information, visit www.pr-bangkok.com and BMA’s Facebook page: www.facebook.com/prbangkok.
 

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Government urged to make Thai stock market more investor friendly, as new trading app launched

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Government urged to make Thai stock market more investor friendly, as new trading app launched

Government urged to make Thai stock market more investor friendly, as new trading app launched

THURSDAY, JANUARY 19, 2023

Jarupong Krisanaraj

Thailand’s stock market should be improved to attract more investors, investment gurus said on Thursday.

The remarks were made during a press conference at the launch of “Liberator”, a stock trading application, at The Athenee Hotel in Bangkok.

The application, which does not charge any stock trading fees and offers access to a community for exchange of knowledge, was launched by Liberator Securities.

Nonarit Bisonyabut, a senior research fellow at Thailand Development Research Institute, said the people’s demand for savings had increased amid uncertainty over the ageing society.

The majority of the elderly say they do not have enough savings to be used during their retirement, he said.

He pointed out that more people were turning to gambling in order to make money. He added that around 800,000 people on average were turning to gambling annually.

“On the other side, 2.3 million people had opened their account for investment, but only 400,000 to 600,000 investors were still active,” he said.

Government urged to make Thai stock market more investor friendly, as new trading app launched

Nonarit said the government’s move to levy a financial transaction tax on stock trades from April 1 this year barred investors from speculating for profit.

Instead, he said Thailand’s stock market should be improved to attract more investors. He suggested including the Liberator application in schools in a bid to create awareness among students.

Meanwhile, Thai Value Investor Association chairman Chalermdej Leewongcharoen said zero stock trading fee should have been introduced a long time ago.

He pointed out that the decline in the number of stock investors had happened as some of them were not aware of this investment.

“However, investment in stocks has changed, thanks to several investors sharing their knowledge on the internet,” he said, adding that most of these investors were teenagers.

Echoing Nonarit, Chalermdej slammed the government’s move to levy a financial transaction tax on stock trades. Instead, he advised the government to make the stock market more transparent, especially on regulations related to fees.

He pointed out that Thailand’s stock market was not fair, as large investors paid less in fees than retail investors.

“Levying a financial transaction tax on stock trades will affect market sentiment,” he said.

Government urged to make Thai stock market more investor friendly, as new trading app launched

Both gurus praised Liberator Securities for launching an application that is able to tackle the stock market’s pain points effectively.

According to Liberator Securities, stock investors had to pay 0.08% in commission fee while trading stocks. For instance, investors have to pay 800 baht in fee for trading stocks worth 1 million baht.

Related stories:

Jarupong Krisanaraj

Courier company sees chance to increase business from live selling online

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Courier company sees chance to increase business from live selling online

Courier company sees chance to increase business from live selling online

THURSDAY, JANUARY 19, 2023

Nongluck Ajanapanya

Singapore-based Ninja Van is moving to grab a bigger share of deliveries from merchants who frequently use young female models to sell low-end products live online in its six key markets in Southeast Asia.

The company released a report saying live selling has become one of the most popular e-commerce trends in the countries where it offers courier services: Thailand, Singapore, Malaysia, Indonesia, the Philippines, and Vietnam.

The report – “Live Selling in Southeast Asia (SEA)” – says it uses data gleaned from more than 1,000 of its e-commerce customers in the six countries.

Winston Seow, the company’s chief marketing officer, described live selling as “an intriguing marketing tactic” in a press release on Thursday.

“It’s the only tactic that can fast-track shoppers’ purchase journeys from awareness straight to conversion,” Seow explained. “Live selling also enables e-commerce sellers to build large-scale relationships with their customers, both new and old,” he added, without elaborating.

One in three of its e-commerce clients surveyed is now using up to six hours a week of live selling to boost sales.

Most early adopters of live selling sold clothing, beauty and personal care products, food and beverages and things for use at home, the report says.

Courier company sees chance to increase business from live selling online

According to the survey of 1,000 or so clients of Ninja Van, three online platforms are the most popular in the region: Shopee (27.0%), Facebook (25.5%), and TikTok (22.5%).

Seow said it was possible that e-commerce sellers might use two channels for live selling to expand their reach.
In Thailand, Facebook is the most popular social media platform for live sellers, with 37.9%, followed by TikTok, with 26.9%, and Shopee, with 19.8%, according to the report.

Fashion and beauty products dominate live sales in Thailand, the report said.

The report says that online merchants can benefit from live selling, but they also face hurdles that Ninja Van can help solve.

Courier company sees chance to increase business from live selling online

Nongluck Ajanapanya

New PTT Oil and Retail chief vows green policies for sustainable growth

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New PTT Oil and Retail chief vows green policies for sustainable growth

New PTT Oil and Retail chief vows green policies for sustainable growth

THURSDAY, JANUARY 19, 2023

The new CEO of PTT Oil and Retail Business Plc (OR) on Thursday pledged to pursue a green business strategy and provide opportunities to local communities to ensure sustainable growth for the company.

CEO Disathat Panyarachun said he would follow the vision of “Empowering Al towards Inclusive Growth” and will use the “Rise OR” strategy to push for sustainable growth of PTT OR. “Rise” stands for result, intelligence, synergy and entrepreneurship.

PTT OR under his leadership would push for tangible results of its operations and would make prudent decisions, embrace synergy with all agencies of PTT and would operate in a spirit of entrepreneurship, he said.

Disathat said that PTT OR under his leadership would focus on three main policies:

Synchronisation for ecosystem: The company will synchronise its energy businesses and lifestyle to strengthen the OR ecosystem.

Synergy for impact: PTT OR will have synergy with all businesses of PTT to make it more positive for all stake holders so that they can grow together.

Sustainability for the future: PTT will use three measures — “Small”, “Diversified”, and “Green” — to pursue sustainable growth.

Under “Small”, the company will provide opportunities to communities near PTT OR’s outlets to improve their quality of life, Disathat explained.

“Diversified” will explore growth opportunities, including seeking more partners and innovating new products and services.

“Green” will involve a push for low carbon business areas through all businesses of OR so that it could reach the goal of carbon neutrality by 2030 and net zero by 2050, Disathat said.

He added that PTT OR under his leadership would also develop an ecosystem for electric vehicles, which is the future trend.