Principal Asset Management Co Ltd is a subsidiary of global financial investment management giant Principal Financial Group, which is listed in the Fortune 500 and is traded on the Nasdaq. Its headquarters is in the United States.
Principal Asset Management Co Ltd has won the Best Mutual Fund of the Year 2021 honour at the Money & Banking Magazine Awards in the “RMF Fixed Income Fund” category for the outstanding performance of its product, Principal FIRMF.
Jumpon Saimala, Chief Executive Officer of Principal Asset Management Co Ltd, said that the company’s policy focuses on managing funds to generate outstanding returns for investors.
Principal Asset Management Co Ltd is a subsidiary of global financial investment management giant Principal Financial Group, which is listed in the Fortune 500 and is traded on the Nasdaq. Its headquarters is in the United States.
“As Principal Financial Group has expertise in investment management for the long term, such as the large pension fund, it could display its proficiency in investment. It is also Principal’s DNA to receive this award,” Jumpon said.
“We are proud to win this award because the fund not only generates good returns for investors and RMF [retirement mutual fund], it also aims to appreciate funds for after retirement, which is important.
“Winning the Best Mutual Fund of the Year 2021 award reflects our expertise and efficiency in mutual fund investment. The criteria for this award included total returns, volatility of daily prices, and average performance of the fund investment company. It is also in line with the current investment climate that we must take into account the risks in investment, not just the returns.”
Asset management company King Wai Asset Management (KWI) is back in the spotlight thanks to its impressive performance under the auspices of chairman and CEO Antonio Hang Tat Chan and managing director Sumetha Lewchalermwong.
Asset management company King Wai Asset Management (KWI) is back in the spotlight thanks to its impressive performance under the auspices of chairman and CEO Antonio Hang Tat Chan and managing director Sumetha Lewchalermwong.
As of the end of 2021, its assets under management had grown by more than 167 per cent year on year or around 2.7 times from 5.93 billion baht to 15.81 billion baht.
KWI provides mutual funds, private funds and runs a provident fund business. It manages eight foreign investment funds (FIFs), three Thai equity funds, three tax-deductible funds (LTF/RMF/SSF), one money market fund and one mutual fund for provident fund.
“KWI provides our clients with professional insights, empowered with functional tools and offers access to new investment trends while controlling risks. KWI prioritises quality over quantity. By doing what we do, we want to raise awareness of the concept of ‘capital deployment and asset management’,” CEO Chan explained.
He added that in line with its motto – “responsibilities create values; mission inspires people” – KWI makes capital work for its clients in the medium and long run.
KWI’s mutual funds have continued delivering outstanding performance. The KWI FIFs and KWI Retirement Mutual Funds (RMF) have performed well and ranked in the first quartile consistently. Based on the 2021 performance, five of its eight FIFs have ranked in the first quartile (based on Morningstar as of December 30, 2021).
After gaining approval from the Securities and Exchange Commission, KWI began expanding into the provident funds arena and is now offering a “Master Pooled Fund” that invests via mutual funds, Thai equity funds, FIFs and alternative funds.
It has also launched the “KWI Fixed Income Fund for Provident Fund” (KWI FIPVD) to provide additional investment options.
“The global market is rapidly recovering from the pandemic and along with the recovery, the world is also facing many major changes. We see interesting trends in several industries, including consumer, tourism, technology like Metaverse, AI, robotics, digital [NFT] assets, fintech, health-tech, etc. Another major area to focus on is ESG [environmental, social and corporate governance] and sustainable investing like electric vehicles, renewable energy, smart mobility and smart solutions. As we see opportunities, we believe this is a great time for investing ahead,” said Sumetha.
The 3C platform will ensure safety, hygiene and traceability of Thailand’s broilers to consumers around the world.
The “3C platform”, embracing consolidation, contribution and collaboration, is the key to success for Thailand’s broiler industry, Charoen Pokphand Foods Plc (CP Foods) said. The platform will enable Thai farmers to adopt a more efficient and more sustainable business model as well as assure consumers around the world about safety, hygiene and traceability throughout the supply chain. Dr Payungsak Somyanontanagul, DVM, vice president and head of CP Foods Animal Welfare Committee, said that the company has placed great importance on animal welfare practices and is one of the strategic goals of the company’s CPF 2030 Sustainability in Action. The 3C platform will ensure safety, hygiene and traceability of Thailand’s broilers to consumers around the world.
In terms of consolidation, Payungsak said the industry should consolidate and further develop its strengths to improve competitiveness. He explained that the Thai broiler supply chain has a number of strong points, such as advanced disease prevention system. CP Foods said it is cooperating with the Department of Livestock Development to set up a poultry compartment system according to the standards of the International Organisation for Animal Health to proactively prevent the outbreak.
“Moreover, Thai chickens are raised in closed system houses following high animal-welfare principles. This allows the chickens to stay healthy, thus reducing the chance of antibiotic use and, eventually, supporting the One Health principle,” he said. In terms of contribution, Payungsak said the industry should focus on advanced technology development to increase efficiency, reduce costs and be environmentally friendly. “Moreover, the principles of the Bio-Circular-Green Model should be integrated into all aspects of business, covering feed, farm and food,” he said. He pointed out that CP Foods is currently working on multiple research and development projects, such as alternative feed ingredient, precision nutrition, and autogenous vaccine for Thai livestock to improve the competitiveness of the industry and reduce dependence on imports.
For collaboration, Payungsak said partnership and contribution from all related sectors are crucial for strengthening broiler industry competitiveness and to achieve the goal of development of a product champion for the country. Aside from this principle, he said CP Foods focuses on research and development to enhance animal welfare standards throughout the supply chain, adding that 100 per cent of the company’s farm animals are raised according to five freedom principles with responsible and prudent antibiotics.
He added that the company has adopted Smart Farm to increase production efficiency and promote animal welfare in broiler farms, in which artificial intelligence and automation enable CP Foods to control the environment and ensure the well-being of the animals within the farm. “In 2021, CP Foods improved its score to Tier 3 on the latest version of Business Benchmark on Farm Animal Welfare report, showing significant development in the areas of innovation and leadership, as well as performance reporting and impact,” he added.
“A study on social issues also indicated that about 4 million Thais were affected by alcohol drinking, such as drunken driving and quarrelling among family members and colleagues,”
Alcohol and tobacco taxation will enable Thailand to generate revenue, relieve the burden on health and society for sustainable development and reduce the emergence of new smokers and drinkers, Thai Health Promotion Foundation manager Dr Supreeda Adulyanon said.
He said liquor and tobacco are obstructing the country from achieving 13 targets under the UN-mandated Sustainable Development Goals (SDGs).
He pointed out that about 50,000 people die each year due to excessive alcohol intake, resulting in economic and social losses of more than US$2.5 billion (THB80.7 billion).
“A study on social issues also indicated that about 4 million Thais were affected by alcohol drinking, such as drunken driving and quarrelling among family members and colleagues,” he said.
Supreeda said the number of alcohol consumers in Thailand has decreased gradually over the past ten years.
“Alcohol taxation and tax implementation for health development will also help raise the level of well-being in Thai society,” he added.
Movendi International president Kristina Sperkova said alcoholic beverages have impacted household living, health and society.
“A World Health Organisation report in 2010 advised member countries that implementing alcohol taxation will help mitigate problems due to alcohol consumption, but many countries have not adopted it to boost their economies, health and societies,” she said.
She added that a study in 2019 also indicated that alcohol taxation could enable countries to achieve up to ten targets under SDGs.
Meanwhile, World Bank senior health specialist Dr Sheila Dutta said alcohol taxation would help enhance the universal healthcare coverage scheme and promote the development of healthy communities.
“Also, it helps countries gain resources necessary for development in the post-Covid-19 era,” she added.
The latest network infrastructure upgrades will further enable Thailand’s push into the digital economy, in line with government ‘Thailand 4.0’ policy and its ‘fourth industrial revolution’
Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that Nipa Cloud (Nipa), a leading cloud services provider in Thailand, has selected Juniper Networks to strengthen its existing network infrastructure in support of Nipa’s growth momentum, and in anticipation of further growing demand for endpoint flexibility amidst Thailand’s rapidly transforming digital economy.
As Thailand’s first full-service OpenStack public cloud services provider powered by Tungsten Fabric, Nipa is committed to offering technologically advanced cloud solutions that match up competitively to the solutions from global providers while simultaneously creating unique value add for the localized market through greater flexibility, multiple availability zones (AZ), modularity and local understanding as a homegrown provider.
With this ‘glocalized’ approach, Nipa’s award-winning cloud solutions have rapidly gained market share amidst stiff competition, especially as Thailand’s economy builds out a strong IT infrastructure to support sustained growth into the digital era as per the government’s ‘Thailand 4.0’ policies and its fourth industrial revolution.
This push has seen even further recent impetus, with the ongoing post-pandemic recovery spurring Thai businesses to increasingly prioritize innovation and investment toward cloud spending. Outpacing global forecasts, Thailand’s spending on cloud infrastructure is projected to grow 28.2% in 2022 alone, with infrastructure-as-a-service (IaaS) expected to see the highest growth figures as Thai enterprises scale up infrastructure and migrate complex workloads to the cloud to better enable a remote work culture.
In light of its strong growth momentum and this increasing demand for cloud services across Thailand’s enterprises, Nipa has deployed EVPN-VXLAN solutions from Juniper Networks, including the QFX5120 Series Switches and MX10003/MX204 Series Universal Routing Platforms, to upgrade its campus and data center networks and better differentiate its offerings.
These upgrades allow Nipa to now deploy a common set of policies and services across campuses with support for Layer 2 and Layer 3 VPNs. In addition, Nipa is now able to better deliver enhanced throughput, scalability, capacity, performance, and security – enabling Nipa to continue the development of its ground-up cloud solutions, uniquely built for Thailand’s fast-developing enterprises and it’s rapidly transforming digital ecosystem.
Supporting Quotes: “Thailand is amid a massive digital transformation, with consumers and enterprises alike accelerating their transition to the cloud. As our nation drives toward Thailand 4.0, it is key that infrastructure providers like Nipa Cloud adapt and transform to stay ahead of the pack. Through our partnership with Juniper Networks, we can introduce new infrastructure-as-a-service capabilities with multiple locations and lower the cost of the cloud. This will offer our customers and partners access to agile, cost-effective, and secure services that will help drive sustainable growth in Thailand’s digital economy.”
– Dr. Abhisak Chulya, Founder and CEO, Nipa Cloud
“We are delighted to partner with Nipa Cloud to support their vision toward enabling Thailand 4.0 through the digital transformation of the country’s enterprises. Nipa Cloud plays a key role in driving the nation’s technological growth and through Juniper’s experience-first networking approach, we are committed to helping them deliver world-class cloud solutions to its end customers. All of which are crucial in bringing digitally-accelerated post-pandemic recovery and in ensuring Thailand’s continued economic growth.”
– Perry Sui, Senior Director, ASEAN & Taiwan, Juniper Networks About Juniper Networks Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end-users. Our solutions deliver industry-leading insight, automation, security, and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world’s greatest challenges of well-being, sustainability, and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn, and Facebook.
Purra, Thailand’s first mineral water certified by the Aquacert institute from France, is kicking off its marketing campaign with three limited-edition label designs under the concept “My Everyday Natural Wonders”.
Purra, Thailand’s first mineral water certified by the Aquacert institute from France, is kicking off its marketing campaign with three limited-edition label designs under the concept “My Everyday Natural Wonders”.
The concept showcases the beauty and wonders of nature with the brand’s fashion essence and the “Home café starter kit”, a collectible with the same design on the bottle for all fashionistas.
Boonrawd Trading Co Ltd’s chief marketing officer Titiporn Thammapimookkul said that Purra’s strengths have always been its quality and benefits delivered at a premium level, adding the brand is also well-differentiated with its fashion essence, contributing to its success and constant growth.
He pointed out that Purra is Thailand’s first and only brand to be certified by the world-class Aquacert institute, which guarantees the brand’s manufacturing and product quality.
“Purra has always been innovating in terms of marketing, constantly driving excitement in the market with new collections and designs which ultimately make the brand stand out from competitors,” he said.
He explained that “My Everyday Natural Wonders” campaign features three limited-edition label designs inspired by France — a colourful flower shop in Paris, the Mont Blanc Mountain at night, and painter Claude Monet’s water lily paintings.
“Each Purra design tells a story of freshness and hydration along with Purra mineral water’s benefits,” he said. The label designs are the work of famous Thai illustrator, Pasinee “Jeep” Kongdechakul, who has previously worked with numerous global brands.
Purra’s new collection will be available with limited edition label designs of 600ml in 7-Eleven stores and special packs of both 600ml and 1,500ml will be available in leading department stores from today until April 2022.
Gulf’s total revenue for 2021 was 52.87 billion baht, an increase of 48 per cent year on year, with a core profit of 8.81 billion, a 97 per cent jump from 2020.
Gulf Energy Development Plc has reported a 120 per cent jump in its core profit in the last quarter of 2021. The profit of 2.72 billion baht was an increase of 1.48 billion baht, or 120 per cent, year on year. The growth mainly came from the commercial operations of Gulf SRC’s two power generation units and a profit of 1.09 billion from the company’s shareholding in Intouch Holdings Plc (INTUCH). In the fourth quarter of last year, Gulf recorded a net profit of 3.04 billion baht, a 65 per cent increase from 1.84 billion in the same period last year. Gulf’s total revenue for 2021 was 52.87 billion baht, an increase of 48 per cent year on year, with a core profit of 8.81 billion, a 97 per cent jump from 2020.
The company attributed the hike in its core profit to the dividend income of 2.34 billion baht from INTUCH plus a profit share of 1.09 billion baht, as well as the commercial operation of its new power plants last year, including a gas-fired power plant in Oman and an offshore wind power project in Germany. Gulf sells 86 per cent of its electricity to the Electricity Generating Authority of Thailand (Egat), while industrial customers account for only 14 per cent of its electricity sales. In 2021, Gulf recorded net profit attributable to the parent company, with the impact from foreign-exchange rate taken into account, totalling 7.67 billion, an increase of 79 per cent from a year earlier.
At the end of 2021, Gulf had a net interest-bearing debt-to-equity ratio of 1.77 times, an increase from 1.47 times at the end of 2020. This was due to the drawdown of loans from financial institutions for the construction of two IPP power plant projects, GSRC and Gulf PD (GPD), with a total installed power generation capacity of 5,300 megawatts.
The company also issued debentures of 30 billion baht for partial loan repayment for its acquisition of INTUCH shares. However, the net interest-bearing debt-to-equity ratio is still below the bond covenant level of 3.50 times, providing room for potential investments of more than 100 billion baht, the company said.
Gulf chief financial officer Yupapin Wangviwat revealed that its total revenue for 2022 is expected to grow about 60 per cent from 2021. This was due to the commercial operation of GSRC’s third and fourth units in March and October 2022, with a total installed capacity of 1,325 megawatts, the Mekong Wind offshore wind power project in Vietnam scheduled for operation within the second quarter with an installed capacity of 128MW, and solar rooftop projects under Gulf1 with a total installed capacity of 100MW. All the projects will increase Gulf’s gross installed capacity from 7,875MW in 2021 to 9,422MW in 2022.
Also, the company will this year record a full-year profit from GSRC’s first and second units and its Oman power plant, together with a profit share from its investment in INTUCH. “Gulf recognises the importance of decarbonisation, which is in line with the government’s policy towards clean energy. We will, therefore, emphasise investment in renewable energy business, including hydroelectric power projects in Laos, solar farm projects and wind power projects, both in Thailand and overseas,” Yupapin said. She also said that Gulf has expanded its business into digital infrastructure, with investment in digital transformation, such as data centre business development, cloud computing and blockchain technology businesses. “These technologies substantially impact our daily lives and become more important in economic activities, driving the nation’s society and economy to grow exponentially as well as providing new business opportunities for the company,” the CFO concluded.
Magnolia Quality Development Corporation’s (MQDC) The Forestias project has received as many as 42 global awards, with deposited sales of its residential units topping 17.2 billion baht as of the end of January 2022, the company said in a press release on Thursday.
Magnolia Quality Development Corporation’s (MQDC) The Forestias project has received as many as 42 global awards, with deposited sales of its residential units topping 17.2 billion baht as of the end of January 2022, the company said in a press release on Thursday.
The Forestias is Thailand’s largest private sector property development project valued at approximately 125 billion baht and is located in the booming Eastern Economic Corridor, MQDC said.
It comprises large areas of parkland, residential properties under multiple brands, as well as numerous commercial and community residences with a focus on healthy living and environmental quality, the press statement added.
“We’re humbled by the global recognition accorded our project,” director Kittiphun Ouiyamaphun said.
“We are especially encouraged that new homeowners, as well as international experts from around the world, have found our focus on healthier living and sustainability to be important. This affirms that we have done the right thing in investing heavily in quality materials and resilience.”
The Forestias has also just been presented with three awards at the 15th Edition of the prestigious International Design Awards in recognition of its architectural innovations, including a gold award for Urban Design, a silver award for Sustainable Living and Green design, and a honourable mention for the project’s Forest Pavilion.
The Forestias also received the Outstanding Property Award London, the International Property Award, the International Federation of Landscape Architects award, a Muse Design Award, the Dot Property Award, the Eldercare Innovation Award, and the Asian Property Award, the company said.
Furthermore, the project’s components – such as Mulberry Grove Villa, Mulberry Grove Condominium, Whizdom condominiums, The Aspen Tree, the Six Senses residences, and the Family Center – have been individually awarded for design and other aspects.
One of the most awarded components is the Forest Pavilion located at the heart of the project. It was designed by Foster+Partners and DT Design.
The Forestias has been conceived as “a town where everything is designed to be close to nature and to be a community that allows multiple generations with different lifestyles and needs to live within easy reach of each other”, Kittiphun said.
“Our intention is for The Forestias to be a showcase project for not only what’s possible in terms of design and build, but also hope to show that there is real demand for a new generation of residences from new home buyers,” he said.
Forty per cent of all residential units is already sold, Kittiphun added.
The Forestias offers residences from around 5 million baht to 250 million baht and beyond. They are expected to be completed by 2024.
Bangchak Group recorded 199.417 billion baht revenue from sales and services in 2021, backed by a big jump in revenue in the fourth quarter.
Bangchak Group recorded 199.417 billion baht revenue from sales and services in 2021, backed by a big jump in revenue in the fourth quarter.
Earnings before Interest, tax, depreciation and amortisation (EBITDA) amounted to 25.818 billion baht, with net profit attributable to owners of the parent company at 7.624 billion baht, or 5.25 baht earnings per share, representing a record high.
The group benefited from upstream business investments such as in natural resources in Norway (OKEA), and Business Process Redesign (BPR) to enhance internal procedures and reduce costs, which began in 2010, boosting Bangchak’s EBITDA by more than 1.6 billion baht.
Revenue from sales and services in the fourth quarter of 2021 recorded 66.792 billion baht, increasing by 40 per cent from the previous quarter. The progress in dissemination of Covid-19 vaccines globally resulted in economic recovery, growth in oil demand, and easing of the pandemic in many countries.
The annual performance of each business group was as follows:
Refinery and Oil Trading business earnings increased by 11.532 billion over 2020, mainly from an inventory gain of 5.966 billion baht. Operating gross refining margin (GRM) rose to US$4.52 per barrel in 2021.
Furthermore, the refinery continued to increase its production capacity due to the expansion of Unconverted Oil exports helping to support GRM and mitigate the impact of falling domestic oil demand.
The average daily production capacity was 99,000 barrels or 83 per cent of the total refinery capacity, and used cooking oil production doubled from the year before.
The Marketing Business Group’s performance improved by 20 per cent over 2020, mainly from inventory gains in 2021 from the increase in oil prices, while total sales volume declined by 6 per cent compared to 2020. However, it was able to retain second place in market share through sales volume at service stations.
Green Power Business Group’s performance grew by 15 per cent over 2020, mainly attributable to increased total electricity sales from clean energy power plants at home and abroad.
Bio-Based Product Business Group recognised gains from fair value adjustment of 2021 investments, resulting in performance comparable with 2020, despite the impact of decreased biodiesel sales volume due to Covid-19, the lower B100 blending mandate to control domestic diesel prices, and decreased ethanol demand.
Natural Resources Business Group saw EBITDA in 2021 increase by 9.254 billion baht over 2020, mainly attributable to the change in 2021 of OKEA’s investment status from an associate company to a subsidiary, changing the accounting from share of profit (loss) to a consolidated method starting July 1, 2021.
In the third quarter, it recorded a gain from sale of investment in BCPE (net of exchange rate) of 120 million baht. As a result, the Natural Resources Business Group realised a significant EBITDA increase, mainly attributable to the rise in the average price of oil and natural gas, especially natural gas, which increased 464 per cent from 2020.
Following high European winter demand, the easing of lockdown measures, and low European gas reserves, OKEA achieved record-high revenue from the sales of oil and gas. OKEA contributed 16 per cent to the Group’s revenue increase. Moreover, OKEA’s EBITDA constituted 30 per cent of the group’s overall EBITDA.
As for the fourth quarter, the easing Covid-19 situation has resulted in recovery of economic activity and domestic travel. The Group recorded an EBITDA of 9.281 billion baht, increasing 23 per cent over the previous quarter, with net profit attributable to owners of the parent at 1.756 billion baht, decreasing 4 per cent over the previous quarter, equivalent to 1.20 baht earnings per share.
The recovery of previously declining oil demand resulted in retail sales in December 2021 achieving a record high of 432 million litres per month, the first time that retail sales volume exceeded refinery capacity.
Furthermore, the Marketing Business Group continued to promote lubricant sales, increasing its domestic market share to 9.9 per cent, while the Inthanin Coffee business also recorded a new high for cups sold in December.
President and CEO Chaiwat Kovavisarach stated that in addition to conducive market factors that support revenue growth, the ability to adapt and accelerate managerial efficiency is critical to reducing costs and increasing profits.
The business direction in 2022 is to proceed with business expansion, emphasising investment in green innovation to reduce greenhouse gas (GHG) emissions, to achieve the goal of carbon neutrality by 2030 and net zero GHG emissions by 2050.
This year, Bangchak has been included in the “Silver Class” of the Sustainability Yearbook 2022, ranked top 3 globally, from the assessment by S&P Global, reaffirming the commitment to a sustainable innovative business in harmony with the environment and society.
BBGI Pcl has a strategy to spearhead high-value bio-based products, preparing to raise funds in the Stock Exchange of Thailand by issuing an initial public offering on March 17.
The board of directors approved the payment of dividends in the second half of 2021 on Thursday at one baht per share, following up on the interim dividend of one baht per share in the first half. Full year dividend for 2021 totalled 2 baht per share, amounting to 2.715 billion baht.
The date for confirming shareholders who are entitled to receive this dividend will be March 3, and the dividend will be paid on April 22.
Zipmex, Southeast Asia’s fastest-growing digital assets platform, is bringing further innovations to the crypto space with its announcement of Zixel by Zipmex,
Zipmex, Southeast Asia’s fastest-growing digital assets platform, is bringing further innovations to the crypto space with its announcement of Zixel by Zipmex, a curated NFT platform focused on making available the new world of digital collectibles to crypto users, superfans, and digitally-savvy consumers across Southeast Asia with NFTs that serve to bridge digital and physical experiences.
To celebrate the launch of Zixel by Zipmex, Zipmex Group is hosting Southeast Asia’s first-ever Metaverse exhibition, “The Metaworld by Zixel” at Siam Paragon from 17th February to 20th March, 2022. The exhibition invites the public to interact with NFTs and immerse themselves into the Metaverse through a variety of experiences. As visitors enter the space they are met with a rotational NFT gallery exhibiting a variety of NFTs from partners, a projection mapping zone and Metaverse Game Stations where visitors can explore Decentraland and Brandverse, a globally recognised Metaverse and a Thai-owned platform. The highlight of the exhibition is the NFT Factory created in collaboration with the creators of Thailand’s first virtual influencer, Bangkok Naughty Boo where visitors can create their own virtual avatar, record their movements through motion capture technology and have their avatar displayed in the exhibition in real-time. What’s more is visitors are able to transform their avatar into an NFT and collect their creation, creating new opportunities for first-time NFT collectors.
“One of the biggest buzzwords of 2021 was “NFTs” and “Metaverse”. However, there is still a gap between everyday users and these new phenomenons. At Zipmex, we aim to provide clarity and seek to make available these new innovations. That is why we have made the Metaverse come to life by building Southeast Asia’s first metaverse exhibition where guests can fully immerse themselves. Through a physical format, this highly interactive exhibition has been specifically designed to cultivate and engage the public with first-hand experiences of different NFTs, avatars, and the Metaverse, in partnership with some of Thailand’s most iconic brands and creators. ” stated Proud Limpongpan, Chief Marketing Officer of Zipmex Group
The launch of The Metaworld by Zixel comes with a roster of leading artists, musicians, creators and brands across industries to its curated platform including: GMM Grammy, Siam Piwat, Thai Airways, True Group, The Standard, SC Asset, with the vision to collaboratively become the driving force of digital culture in the Southeast Asian NFT space. Through media partnerships, the curated NFT collections will gain mass visibility through partners such as Bangkok Post, and NFT billboard activations with media giant, Plan B.
Panthep Nilasinthop, Chief Customer Officer, Siam Piwat Co., Ltd. said “Siam Piwat is Thailand’s management excellence in property and retail development. We are reinforcing our vision as ‘The Visionary ICON’ to present new experience and be a trend leader in this digital-centric era. The co-creation with Zipmex, the leading digital asset investment and exchange platform amplifies the vision of Siam Piwat and our partners in our Global Ecosystem. The partnership between Siam Piwat and Zipmex highlights the best of both worlds, ‘Creating Shared Values’ for greater success. In addition, two ultimate destinations now merged into one. Siam Paragon is a global retail destination and Zipmex is a hub of NFT and Cryptocurrency education. Our series of co-creation offers experiences that speak to the new generation whose interests and lifestyles now run in parallel to both online and offline world, which is a key trend of the future.”
Zixel by Zipmex will be dropping its first launch series with GMM Grammy’s top music artist, Getsunova with a collection of music-focused NFTs for the launch of the band’s new album, Thailander. Getsunova’s Thailander NFT series is a collection of 2,000 unique stylistically curated NFTs that portray the humor-filled essence of Thai pop-culture. The limited edition collectibles play with sarcasm and parody on iconic everyday objects known to every Thailander. For the first drop, Getsunova invites you to test your luck with Mystery Boxes ranging from Basic, Rare and Super Rare editions.
“The collaboration between GMM Grammy and Zipmex is our shared vision to drive the music NFT market and curate new experiences for fans in different dimensions: to engage, to own and to invest. Our strategy is to combine creativity and innovation in order to elevate the standard of digital music assets in Thailand. The Thailander NFT collection is Getsunova, Thailand’s leading band’s first-ever NFT drop, in which the limited pieces are iconically familiar everyday objects that touch the hearts of every Thailander. We are proud and excited to present Thailand’s first-ever Metaverse concert, and display Getsunova NFTs for our fans to fully immerse and experience.” stated Jipattikal Panikbutr, Executive Vice President, GMM Digital.
Getsunova will also become the first Thai music artist to perform a concert on the metaverse at the Zixel by Zipmex Launch Party event hosted on Decentraland from 18th-22nd February. The metaverse event will feature headline performances by Getsunova and a DJ set by Hong Kong-Shanghai-London based music collective, Yeti Out, with a variety of activities ranging from the Zixel NFT gallery, NFT badge giveaway, Getsunova wearable giveaways and an NFT scavenger hunt. Join the Zixel by Zipmex Launch Party on Decentraland here: https://zipmex.app/ueiUG
About Zipmex Group
Zipmex is Southeast Asia’s fastest growing digital assets platform with a focus on building the foundation of Asia’s financial architecture to empower everyone to experience the digital assets world. The company’s Thai subsidiary has a Digital Assets Exchange license and Brokerage license issued by the Ministry of Finance of Thailand, and is regulated by the Securities and Exchange Commission. The company is also legally compliant in Singapore, Australia and Indonesia.
About Zixel by Zipmex
The digital collectible destination to discover, collect and trade curated NFTs. Zixel by Zipmex is a platform where brands and digital communities connect, and where art and internet culture
The Forestias has also just been presented with three awards at the 15th Edition of the prestigious International Design Awards in recognition of its architectural innovations, including a gold award for Urban Design, a silver award for Sustainable Living and Green design, and a honourable mention for the project’s Forest Pavilion.
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