Dhipaya Insurance Company Ltd. launches “TIP for Thai, Fight and Care” #SootinClaimon.Com

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https://www.nationthailand.com/business/40000413

Dhipaya Insurance Company Ltd. launches “TIP for Thai, Fight and Care”


“TIP for Thai, Fight and Care” project, which provides 1,000,000 quotas of free Covid-19 Vaccination Insurance to boost confidence for the general public. The Insurance covers the case of complications or side effects from Covid-19 vaccination.

Dhipaya Insurance Company Ltd. launches “TIP for Thai, Fight and Care”

According to Dr. Somporn Suebthawilkul, the Managing Director of Dhipaya Insurance, when it gets to May 1, 2021, which is the date for COVID-19 vaccination registration nationwide, many Thai people have considerable concern about undesirable effects from vaccine injection. Accordingly, Dhipaya Insurance, deeply realizing this situation, decides to launch the project “TIP for Thai, Fight and Care”, which grants 1,000,000 quotas of free vaccination insurance in order to relief the concern and boost confidence of general public. This project is designed to cover the coma condition due to complications or side effects from vaccination.

Dhipaya Insurance Company Ltd. launches “TIP for Thai, Fight and Care”Dhipaya Insurance Company Ltd. launches “TIP for Thai, Fight and Care”

Khun Nathini Dhanarajata, the Assistant Managing Director in Accident and Health Business Unit, Dhipaya Insurance, added that this project, which covers the coma condition due to complications or side effects from vaccination, provides 100,000 THB of sum insure with 60-day protection period, starting from the day of vaccination. Thai people can sign up for “TIP for Thai, Fight and Care” to receive vaccination insurance from Dhipaya through http://www.Tipinsure.com, within May, 1-31, 2021, or until no quotas left (one quota per one person only).

Dhipaya Insurance Company Ltd. launches “TIP for Thai, Fight and Care”Dhipaya Insurance Company Ltd. launches “TIP for Thai, Fight and Care”

“After Thais get vaccinated against COVID-19, their bodies will develop immunity to COVID-19 disease and that can efficiently reduce the severity of the symptoms, outbreaks, and also the patient number, which helps alleviate the medical staff’ burden. The sooner the situation gets back to the ideal normal, the better Thai economy can grow. Therefore, transportation, travelling, and employment will get back to ideal normal as well. However, to make vaccination reach its maximum efficiency, you need to wear mask, keep social distance, wash your hands frequently, and avoid crowded places, so that all of us can get through this vicious COVID-19 outbreak crisis together safely.”, stated Dr. Somporn.

Published : April 30, 2021

Canna Care’s stake in cannabis researcher GTG approved in principle #SootinClaimon.Com

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https://www.nationthailand.com/business/40000409

Canna Care’s stake in cannabis researcher GTG approved in principle


Real-estate and power developer, United Power of Asia (UPA), on April 23 approved in principle its subsidiary Canna Care’s purchase of 184,900 shares worth THB50 billion in the Golden Triangle Group (GTG).

Canna Care’s stake in cannabis researcher GTG approved in principle

The investment was reported to the Stock Exchange of Thailand on April 26.

Kawin Chalermroj, UPA’s assistant chief executive officer, said the shares to be acquired by Canna Care will constitute approximately 2.27 per cent of GTG’s total ordinary shares, adding that if this deal goes through, the group will have raised the capital it requires.

GTG is collaborating with other agencies to produce cannabis for medical research.

However, he added, UPA still has to complete its due diligence on GTG, especially concerning certain conditions.

The conditions that UPA will consider include GTG ensuring that the production of cannabis is not in violation of relevant laws and that the capital raised is successfully paid up by other investors and that it is satisfactory to UPA.

“Once UPA finds the results of due diligence and other conditions satisfactory, the company will consider entering into the investment by May,” he said.

Published : April 30, 2021

By : The Nation

TMB shareholders approved to change the name of the new bank TMBThanachart (ttb) #SootinClaimon.Com

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https://www.nationthailand.com/business/40000359

TMB shareholders approved to change the name of the new bank TMBThanachart (ttb)


“TMBThanachart Bank” or “TMBThanachart (ttb)” The name reinforces and harmonizes the strengths of the two banks to go forward and create a better ‘Financial Well-being’ for Thai people

TMB shareholders approved to change the name of the new bank TMBThanachart (ttb)

TMB shareholders approved to change the name of the new bank after the merger of TMB and Thanachart Bank to “TMBThanachart Bank” or “TMBThanachart (ttb)” reinforces the strength and credibility of both banks that customers, employees and Thai people have long ties to and come to trust. Combining strengths by creating financial products and services to deliver a good customer experience, the new name emphasizes the goal of creating a better ‘Financial Well-being’ for Thai people.

TMB shareholders approved to change the name of the new bank TMBThanachart (ttb)TMB shareholders approved to change the name of the new bank TMBThanachart (ttb)

Dr. Ekniti Nitithanprapas, Chairman of the Board of Directors of TMB or TMB Bank Public Company Limited, commented, “The Annual General Meeting of Shareholders for the year 2021 was held on April 23, 2021 where shareholders resolved to approve the name change of TMB Bank Public Company Limited to TMBThanachart Bank Public Company Limited. In accordance with the rebranding strategy, the bank will use the new commercial name “TMBThanachart”, abbreviated as “ttb”. This new name reflects the synergy of the two banks. The first ‘t’ stands for ‘TMB’, the second ‘t’ stands for ‘Thanachart’ and ‘b’ for bank. The abbreviation of listed securities will also be changed from TMB to TTB in the near future.”

“The name TMBThanachart (ttb) represents the synergy of both banks and to create value for customers in all aspects. It reflects a stable financial institution and reinforces strength, credibility and reliability, including providing financial services that Thai people have always trusted.”

Mr. Piti Tantakasem, Chief Executive Officer of TMB said, “The employees of both TMB and Thanachart have come together to form a strong ONE Team, and are ready to lead this organization in the same direction in accordance with our corporate goals. After the merger is completed in July 2021, the bank aims to create better Financial Well-being for Thai people so that everyone can live their lives with better financial freedom. “

From May 7, 2021 onwards, the bank has plans to launch a new brand. “TMBThanachart” (ttb) will assume a new look, both in terms of marketing materials and service channels, including bank branches, mobile applications and ATMs. Additionally, customers can expect new financial products and services, that will be gradually released, to create better financial lives for customers and Thais nationwide.

Regarding this merger, TMB’s customers can continue to use products and services under the new brand, TMBThanachart. While Thanachart’s customers can be assured that this change will take your financial experience to the next level. The bank will communicate the details of the changes in advance, including the steps that customers need to take for service continuity with TMBThanachart.

Published : April 29, 2021

Trusts with Clean Like Smart Micro Filter by Singha Drinking Water And Nadech #SootinClaimon.Com

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https://www.nationthailand.com/business/40000323

Trusts with Clean Like Smart Micro Filter by Singha Drinking Water And Nadech


“Singha Drinking Water” strengthen its market leader position with the new ad campaign “Singha Drinking Water” And Nadech Delivers Trusts with the “Clean Like Smart Micro Filter”

Trusts with Clean Like Smart Micro Filter by Singha Drinking Water And Nadech

“Singha Drinking Water” strengthen its market leader position with the new ad campaign “Singha Drinking Water Clean Like Smart Micro Filter” with Nadech Kugimiya as the representative of health-conscious new generations. The campaign delivers an assuring message of its determination and attention to detail in its manufacturing standards with a closed manufacturing process for maximum hygiene and the Smart Micro Filter. This breakthrough technology is available only for Singha Drinking Water which ensures the best drinking water quality for consumers under the concept “Singha Drinking Water, more than just clear” but packed with vital minerals for your body.

 Trusts with Clean Like Smart Micro Filter by Singha Drinking Water And NadechTrusts with Clean Like Smart Micro Filter by Singha Drinking Water And Nadech

Mr. Thitiporn Dhammabhimukkul, Chief Marketing Officier of Boonrawd Trading Company, revealed that as the leader of Thailand’s drinking water industry, Singha Drinking Water’s constant marketing communication campaigns were well received. This further strengthens the quality drinking water image and meticulous manufacturing processes, focusing on product hygiene and safety for the brand.

 Trusts with Clean Like Smart Micro Filter by Singha Drinking Water And NadechTrusts with Clean Like Smart Micro Filter by Singha Drinking Water And Nadech

The company’s latest ad campaign features “Singha Drinking Water Clean Like Smart Micro Filter” with Nadech Kugimiya as a presenter, representing health-conscious young people who always choose the best product. The “Singha Drinking Water Clean Like Smart Micro Filter” campaign shines the light on the Smart Micro Filter because the company believed that good drinking water shouldn’t just possess clear quality but should also be healthy and filled with vital minerals for the body as well as manufactured under a closed process for maximum hygiene, ensuring both quality and cleanness in every bottle for our consumer.

The Smart Micro Filter technology is Singha Drinking Water’s groundbreaking technology that can filter out microorganisms, bacteria, and dirt while keeping the essential minerals. Every Singha Drinking Water bottle is tested with an international standard leading analysis tool and

Published : April 28, 2021

CP Group named one of world’s most ethical firms by Ethisphere institute #SootinClaimon.Com

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https://www.nationthailand.com/business/40000235

CP Group named one of world’s most ethical firms by Ethisphere institute


The Charoen Pokphand (CP) Group, led by Suphachai Chearavanont, won the “World’s Most Ethical Companies 2021” award from Ethisphere Insitute, a global institution for evaluating ethical business standards.

CP Group named one of world’s most ethical firms by Ethisphere institute

Ethisphere handed out the awards virtually at the Virtual WME Honoree Gala 2021, which was attended by top executives from 22 countries such as Kellogg, LinkedIn, Sony, L’OREAL, Microsoft, PepsiCo, and Prudential.

Suphachai Chearavanont, CP Group’s chief executive officer, was among six other CEOs who received awards on behalf of their companies. The other five were Dell Technologies’ Michael Dell, Jo Ann Jenkins CEO of AARP, Halsey Cook Jr, CEO of Milliken, Julie Sweet CEO of Accenture and Pakit Iamopas, CEO of DTGO Corporation.

In a speech on the virtual stage, Suphachai said CP Group has grown to a 400,000-employee strong organization thanks to its strong ethical values.

He said of the six cultural values CP Group follows, two are directly related to ethics. The first is the so-called “3 Benefits Principle”, in which the company ensures it is the country and its people benefit before the company does.

He also said that CP Group values honesty and integrity, which is the cornerstone of business and has helped it gain trust and creditability. He said the group will continue operating with social responsibility to create sustainable business growth.

“With this recognition from Ethisphere Institution, we are deeply motivated to do more. Being an ethical company doesn’t mean that you cannot make mistakes, we may make mistakes, but we learn from our mistakes, not to make them again.

“CP Group will continue to thrive to become a better company and we will never stop our efforts in making this company sustainable through ethical principles.

“Lastly, I would like to say thank you to Ethisphere Institution, for giving us this recognition. It really means a lot, not only to myself as a CEO of the company but also to all of our 400,000 employees who have been a major part in driving this throughout the company”, Supachai said.

CP Group named one of world’s most ethical firms by Ethisphere instituteCP Group named one of world’s most ethical firms by Ethisphere institute

Timothy Erblich, CEO of the Ethisphere Institute, said the business sector is a vital force in helping to provide solutions for various social and environmental problems through business processes.

CP Group named one of world’s most ethical firms by Ethisphere instituteCP Group named one of world’s most ethical firms by Ethisphere institute

Conducting business sustainably with the environment, society and good governance in mind has the power to help propel the world better, he added.

CP Group named one of world’s most ethical firms by Ethisphere instituteCP Group named one of world’s most ethical firms by Ethisphere institute

Published : April 26, 2021

By : The Nation

Rojana and EVLOMO to build $1.06-billion lithium battery plant in EEC #SootinClaimon.Com

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https://www.nationthailand.com/business/40000174

Rojana and EVLOMO to build $1.06-billion lithium battery plant in EEC


Rojana Industrial Park Pcl and EVLOMO Inc plan to set up an 8GWh (gigawatt hours) lithium battery plant in the Eastern Economic Corridor (EEC).

Rojana and EVLOMO to build $1.06-billion lithium battery plant in EEC

The companies will invest up to a total of $1.06 billion (Bt33.3 billion) through a new joint venture company.

Rojana will own a 55 per cent stake in the new JV and 45 per cent will be owned by EVLOMO Inc.

The battery plant will be on a greenfield manufacturing site at Nong Yai in Chonburi province. It is expected to create more than 3,000 new jobs and bring required technology to Thailand, as achieving self-reliance in battery manufacturing is critical to Thailand’s ambitious EV plans ahead, the companies said.

The collaboration brings together Rojana, leader from the industrial estate development sector of Thailand, and EVLOMO, leader in electric mobility in Thailand, to develop and produce technologically advanced batteries.

The battery plant would establish Nong Yai as an EV hub of Thailand and the Asean region, the companies said.

The technological aspects of the project will be led by Li Qiyong and Xu, who will bring state-of-the-art technology to design and produce lithium batteries in Thailand.

In the first stage, both parties will set up a 1GWh plant with an investment of $143 million in 18-24 months. Groundbreaking is expected to take place in 2021.

The batteries will be for electric four-wheelers, buses, heavy vehicles, two-wheelers, and energy storage solutions for Thailand and overseas markets.

“EVLOMO is honoured to have a collaboration with Rojana. In the field of advanced EV battery technology, EVLOMO expects this collaboration would be one of the memorable moments for putting the adoption of EV forward in Thai and Asean market,” said CEO Nicole Wu.

“The investment would play the role of vitalising the EV industry in Thailand. We look forward to Thailand becoming a global hub for R&D, manufacturing and adoption of advanced energy storage and EV technologies in entire Southeast Asia,” said Kanit Sangsubhan, secretary-general at the EEC Office, who was also present at the signing event.

Rojana president Direk Vinichbutr said, “The EV revolution is taking the country by storm and we are happy to be a part of this change. This association with EVLOMO will enable us to deliver globally competitive products. We look forward to a strong and fruitful association.”

Published : April 24, 2021

By : THE NATION

Bangkok Airways says it gives high priority to sanitation, hygiene to contain Covid-19 #SootinClaimon.Com

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https://www.nationthailand.com/business/40000149

Bangkok Airways says it gives high priority to sanitation, hygiene to contain Covid-19


Bangkok Airways Pcl, as well as airports under its management, are continuing to strictly implement hygienic measures to prevent the spread of Covid-19, the company said.

Bangkok Airways says it gives high priority to sanitation, hygiene to contain Covid-19

The company manages Samui, Sukhothai and Trat airports.

The company said it had cleaned its facilities with high quality and effective disinfectant spray to kill potential virus in aircraft cabins as well as in the service areas at airports such as check-in counters, waiting areas, passenger lounges and lavatories. The frequency of general cleaning in common service areas and high-traffic areas also has been increased, the company said.

Bangkok Airways Pcl, as well as airports under its management, are continuing to strictly implement hygienic measures to prevent the spread of Covid-19, the company said.

The precautions and prevention plans are in accordance with the standards and guidance of national authorities such as the Department of Disease Control, Ministry of Public Health and the Civil Aviation Authority of Thailand, Bangkok Airways said.

Bangkok Airways Pcl, as well as airports under its management, are continuing to strictly implement hygienic measures to prevent the spread of Covid-19, the company said.

Published : April 23, 2021

By : THE NATION

Ralph Lauren Revolutionizes How the Fashion Industry Dyes Cotton Company to create the world’s first scalable zero waste water cotton dyeing system #SootinClaimon.Com

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https://www.nationthailand.com/business/40000063

Ralph Lauren Revolutionizes How the Fashion Industry Dyes Cotton Company to create the world’s first scalable zero waste water cotton dyeing system


NEW YORK, NY — MARCH 22, 2021 — Ralph Lauren Corporation (NYSE:RL) today introduces Color on Demand, a revolutionary dyeing platform that will transform how the fashion industry colors cotton – more sustainably, more effectively and faster than ever before. The Company has established Color on Demand, a multi-phased system, with a clear ambition to deliver the world’s first scalable zero wastewater cotton dyeing system.

Ralph Lauren Revolutionizes How the Fashion Industry Dyes Cotton Company to create the world’s first scalable zero waste water cotton dyeing system

Every year, trillions of liters of water are used for fabric dyeing alone,generating around 20% of the world’s wastewater.1,2 This untreated wastewater is incredibly polluting and traditionally required rigorous, lengthy and costly treatment to make the water reusable. Designed to help address water scarcity and pollution caused by cotton dyeing, Color on Demand is a new system composed of a set of technologies that will enable the recycling and reuse of all water from the dyeing process, establishing the world’s first scalable zero wastewater cotton dyeing system.

In addition to significant water savings, Color on Demand dramatically reduces the amount of chemicals, dye, time and energy used in the cotton dyeing process. Further, for the first time in the industry, Color on Demand also provides a more efficient and sustainable way to color cotton at any point in product manufacturing, rather than at the outset. This will enable significantly shorter lead times for making product color decisions.

“Traditional color dyeing is one of the most polluting practices in our industry and as a global brand, we recognized the need to create a scalable solution,” said Halide Alagöz, Chief Product and Sustainability Officer at Ralph Lauren. “Color on Demand significantly reduces the environmental impact of dyeing cotton, and as an added benefit, will enable us to better balance inventory and meet personalized consumer demands faster than ever before.”

To implement its groundbreaking approach, Ralph Lauren brought together four leading innovators in their respective fields, including Dow, a leader in materials science; Jeanologia, a leader in sustainable solutions for garment and fabric finishing, with high expertise in garment dyeing and close loop water treatment systems; Huntsman Textile Effects, a global chemicals company specializing in textile dyes and chemicals; and Corob, a global technology leader in dispensing and mixing solutions, to reimagine each stage of the coloring process and join this shared mission to create a more sustainable and efficient system for cotton dyeing.

As part of the first phase of Color on Demand, Ralph Lauren optimized the use of ECOFAST™ Pure Sustainable Textile Treatment, a pretreatment solution developed by Dow for cotton textiles.

When used with existing dyeing equipment, ECOFAST™ Pure enables the use of up to 40% less water, 85% fewer chemicals, 90% less energy and a 60% reduction in carbon footprint compared to traditional cotton dyeing processes3.

Ralph Lauren is integrating this process into its supply chain and will launch product using this technology later this year.

“Water scarcity and pollution are important issues for the fashion industry, and through our partnership with Ralph Lauren we are working towards addressing these challenges,” said Sheila Bonini, Senior Vice President, Private Sector Engagement at World Wildlife Fund.

“Technology has the ability to accelerate change at a scale that matters, so it’s exciting to see Ralph Lauren establishing innovative new models that transform outdated practices and can deliver measurable outcomes for people and planet. This is exactly the kind of leadership we need to see from the fashion industry.”

Color on Demand is yet another significant step in Ralph Lauren’s journey to address its environmental footprint, which includes eliminating hazardous chemical use in its supply chain and reducing water use across its operations and value chain by 2025. By 2025, Ralph Lauren aims to use the Color on Demand platform in more than 80% of the Company’s solid cotton products.

Published : April 21, 2021

By : The Nation

Lego billionaires plan new investment targeting plastic waste #SootinClaimon.Com

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https://www.nationthailand.com/business/40000044

Lego billionaires plan new investment targeting plastic waste


The billionaire owners of Lego are set to shift more of their wealth into ventures that figure out how to reduce surplus plastic in environmentally friendly ways.

Lego billionaires plan new investment targeting plastic waste

Kirkbi, which oversees about $20 billion in assets on behalf of the family behind toymaker Lego, is looking for at least one new plastic project to invest in this year. That’s after first testing the market in 2020 with its purchase of a stake in Quantafuel AS, a Norwegian company that transforms old plastic into energy.

In an interview, Chief Investment Officer Thomas Lau Schleicher singled out plastic waste as a key focus area for the fund. But it’s also looking at ideas such as “new technology for producing alternatives to plastic,” he said.

Kirkbi is chaired by Kjeld Kirk Kristiansen, the grandson of Lego’s founder and one of Denmark’s richest men with a fortune of $7.3 billion, according to the Bloomberg Billionaires Index. In recent years, he has handed more control of Kirkbi to his three children, Agnete Kirk Thinggaard, Sofie Kirk Kristiansen and Thomas Kirk Kristiansen, who have a personal fortune of about $7.1 billion each.

The Lego family fund is underscoring its commitment to fighting plastic waste with the creation of a new portfolio for such investments, called Circular Plastic.

Schleicher says there’s no connection between Kirkbi’s investments in the area and Lego’s own use of plastic in its production. The company, which makes almost 100,000 tons of plastic bricks each year, is trying to develop a product using renewable, plant-based materials, such as sugar cane.

Kirkbi’s investment in Quantafuel has already paid off, with the value of its stake almost doubling since its June investment of roughly $26 million. Schleicher said Kirkbi is open to supporting Quantafuel should it need to raise new capital.

Meanwhile, profit on overall investments at the fund dropped 62% last year. That’s despite record results at Lego, which generates the bulk of Kirkbi’s returns. But some of its other big investments lost money. Cleaning and office services provider ISS A/S, in which Kirkbi holds about 17%, sank 34% in 2020.

The fund is now keen to buy more clean assets, amid signs the sector also generates healthy returns. Schleicher says Kirkbi also wants to invest more in solar and wind power, adding to the $1.3 billion it’s already dedicated to the area. But prices have soared as more investors pile in.

Kirkbi is therefore looking into entering potential investments earlier on in the value chain, as it did with Adapture Renewables, which both develops, constructs and owns solar cell parks.

“We have often found it hard to get in at the auctions where these farms are sold at very high prices,” the CIO said. “A lot of capital is flowing into that world at the moment.”

Published : April 21, 2021

By : Syndication Washington Post, Bloomberg · Christian Wienberg

Riding on its success, JKN Global Media sets itself ambitious growth targets #SootinClaimon.Com

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https://www.nationthailand.com/business/30404607

Riding on its success, JKN Global Media sets itself ambitious growth targets

CorporateApr 07. 2021

By The Nation

JKN Global Media (JKN) on Monday revealed its strategy to be the number one content and commerce company, aiming to generate Bt5 billion revenue within three years.

JKN’s chief executive officer, Jakkaphong “Anne” Jakrajutatip, said the company was now Asean’s leading content manager and distributer via satellite TV, digital TV and online platforms.

She said the achievement was a result of the board’s expertise and the company’s ‘superstar marketing’ strategy, which enabled the company to choose content that met the customers’ needs.

“Korean, Indian and Filipino series fever has now emerged in Thailand, thanks to our experience in content management and distribution for a long time,” she said.

“As JKN is a content company with high growth potential, the company was listed on the Stock Exchange of Thailand on November 12 last year to allow more institutional and retail investors to invest in the company’s share and witness the company’s growth together,” she said.

To promote JKN as a content and commerce company in order to maintain sustainable growth, she said the company had launched health and beauty supplements under Olig Fiber brand, such as V-Allin, Hair Now, Instinct and C-TRIA by Anne JKN.

“To achieve quantum leap in sales, we use ‘superstar marketing’ strategy by hiring celebrities to be presenters of our products,” she said.

“In addition, herbal supplement drinks under Cupid brand, such as Dragon X and Tiger X, are expected to be launched within this month.”

She added that more than 10 food supplements and drinks with hemp extract are currently under development with DOD Biotech.

“We are seeking more partners to develop products with hemp extract in a bid to meet customers’ needs,” she added.

She said JKN has acquired DN Broadcast’s NEW18 digital TV channel whose name will be changed to JKN18 to expand its customer base and boost the growth of its commerce business in line with the new normal era.

“With quality product innovation, JKN18 channel and superstar marketing strategy, we have confidence that our commerce business will enable the company to achieve quantum leap in sales growth,” she added.

JKN’s chief financial officer Teeraphat Petporee said the company had invested Bt1.1 billion to acquire DN Broadcast’s NEW18 digital TV channel.

“After the acquisition, JKN will use knowledge and experience in content business to enhance news content production in order to boost the channel’s rating to become one of the country’s top ten channels,” he said.

He added that JKN is currently restructuring the organisation to boost sales and gross profit margin in the long term.

“The company aims to generate over Bt5 billion revenue within three years. The company’s revenue this year is expected to hit Bt2.5 billion of which Bt2 billion will be from content business and Bt500 million from commerce business,” he added.