The MOU aims to create a port-to-port cooperation between the PAT and Chittagong Port Authority by means of port-related information exchange and maritime transport promotion in order to facilitate the launch of new shipping route between Ranong Port and Chittagong Port.
Lt. JG. Dr. Chamnan Chairith, R.T.N., PAT Deputy Director General (Asset Management and Business Development) and Mr. Md. Zafar Alam, Member (Admin & Planning) of Chittagong Port Authority have signed the Memorandum of Understanding (MOU) on the cooperation between the PAT’s Ranong Port and Chittagong Port, Bangladesh. The virtual signing ceremony was witnessed by H.E. Mr. Mohammed Abdul Hye, the Ambassador of Bangladesh to Thailand, H.E. Mrs. Makawadee Sumitmor, the Ambassador of the Kingdom of Thailand to Bangladesh, and the guests of honor from both parties.
The MOU aims to create a port-to-port cooperation between the PAT and Chittagong Port Authority by means of port-related information exchange and maritime transport promotion in order to facilitate the launch of new shipping route between Ranong Port and Chittagong Port. This move was pushed and supported by the Bangladesh Container Ship Owner’s Association (BCSOA) which expects that the coastal shipping route will enhance the maritime connectivity between the two countries with lower shipping time and cost, offering an alternative services to the shipping liners. Through this cooperative agreement, trade and business investment between Thailand and Bangladesh will be strengthened and even more robust under the BIMSTEC Framework.
The signing of this MOU will also mark the 50th anniversary of the establishment of diplomatic relations between Thailand and Bangladesh on October 5, 2022. Furthermore, both sides are also working closely to explore the possibility to negotiate a free trade agreement in order to facilitate trade and boost its volume.
Bangkok – DOD Biotech Public Company Limited has announced that its subsidiary, Siam Herbal Tech Company Limited, is the first company in Southeast Asia to successfully extract CBD from hemp flower for commercial purposes in their newly built state of the art extraction facility.
Bangkok – DOD Biotech Public Company Limited has announced that its subsidiary, Siam Herbal Tech Company Limited, is the first company in Southeast Asia to successfully extract CBD from hemp flower for commercial purposes in their newly built state of the art extraction facility. The CBD isolate powder, with a minimum purity of 98%, was extracted from hemp flower grown by Siam Herbal Tech’s contract farmers with seeds supplied to be grown for commercial purposes. This reaffirms its continued efforts to develop food supplements utilizing high grade CBD Isolate and other high value plant-based compounds as key ingredients to serve client demand for new product lines.
Mr.Thanin Srisethi, Chief Executive Officer of DOD Biotech Public Company Limited (“DOD”), reveals that Siam Herbal Tech Company Limited (“SHT”), a DOD subsidiary focused on the extraction of hemp-based cannabinoids, kratom and other plant-based compounds, announced that on 27 December 2021, SHT was able to successfully produce its first commercial batch of CBD isolate from hemp flower that commenced growing in September 2021, with the first batch of seeds supplied for commercial growing. This follows SHT being awarded its commercial license for CBD extraction on 8 December 2021.
SHT expects to deliver CBD Isolate in January 2022 to DOD to be used as an ingredient to develop and deliver specifically formulated food supplements. Under its “One Stop Service” program for new product development, DOD expects to move forward in delivering products to customers who have previously signed a Memorandum of Understanding (“MOU”) to jointly develop finished products from hemp-derived extracts. Amongst those with whom DOD has already signed MOUs are JKN Global Media (“JKN”), Rojukiss International (“KISS”), Beauty Community (“BEAUTY”), Chayo Group (“CHAYO”), FN Factory Outlet (“FN”), and other operators.
“We are proud of our achievement of becoming the first company in Southeast Asia to extract hemp-derived CBD isolate for commercial purposes and consider this a key milestone in the development of the commercial hemp industry in Thailand and Asia. This pioneering milestone will provide momentum to create value derived from products containing hemp, Kratom, and Thai herbal extracts for customers next year and into the future,” he said.
The MFUSED Group, one of the largest producers of hemp and cannabis-based cannabinoids in the Pacific Northwest of the United States of America, is a partner in SHT as previously announced. Mr. Yung Tan, Co-Founder and Chief Executive Officer of the MFUSED Group expressed, “the MFUSED Group is delighted that SHT has achieved its objective of being the first company to extract CBD isolate commercially in Southeast Asia as part of its strategy to be a key supplier of hemp-derived cannabinoids and other plant-based therapeutic compounds in Asia.”
Mr.Jonathan Watsuksanti, Director of Siam Herbal Tech Company Limited and MFUSED Group (APAC) reaffirmed that “the global hemp, cannabinoid, and plant-based therapeutics industry is rapidly growing, with Thailand expected to have an industry market value as high as 20 billion baht in 2024 while the regional market will be valued at 400 billion baht. SHT, as Southeast Asia’s first mover in legal CBD extraction for commercial purposes, will be well positioned to capitalize on this opportunity to realize growth and further expand into the regional markets in the future, as planned.”
Thailand Greenhouse Gas Management Organization (TGO) has certified BTS Group as carbon neutral.
BTS Group Holdings (BTS Group) intends to show responsibility for the environment by reducing greenhouse gas in order to become a carbon neutral. Thailand Greenhouse Gas Management Organization (TGO) has certified BTS Group as carbon neutral, making it the first carbon neutral rail transportation company in the world.
The Asean Business Award aims to recognise companies in the region that are outstanding in different aspects, especially in helping strengthen the Asean Economic Community, becoming a role model for other firms and helping small and medium enterprises become competitive internationally.
PT Energy (PTG) has won the 2021 Asean Business Award in recognition of its success in improving the quality of life in Thailand as a leading integrated energy business operator.
The Asean Business Award aims to recognise companies in the region that are outstanding in different aspects, especially in helping strengthen the Asean Economic Community, becoming a role model for other firms and helping small and medium enterprises become competitive internationally.
This year’s event was held on November 30 in Brunei as part of the Asean Business and Investment Summit organised by the Asean Business Advisory Council.
Pitak Ratchakitprakarn, PTG’s president and CEO, said he was grateful that PTG’s efficiency in integrated energy business operation, eco-friendly innovation, energy industry development and human resource management has been recognised.
He added that the award also proves that PTG has been successful in improving people’s lives and that it is ready to stand by Thai society in any crisis.
“This award is a great honour for PTG, which has worked to develop energy-related business and service and this effort has been recognised both locally and overseas,” he said. “PTG will continue improving the quality of business and service to maintain business growth.”
Singha Estate’s decision to diversify has helped it tackle the Covid-19 crisis successfully over the past two years and has given it enough reason to expect its hotels to make a profit in 2022.
Singha Estate’s decision to diversify has helped it tackle the Covid-19 crisis successfully over the past two years and has given it enough reason to expect its hotels to make a profit in 2022.
The company said its aim is to create opportunities and expand its business in line with the “new normal”.
CEO Thitima Rungkwansirirot said the company is using the “3 Game-Changing Deals” to turn the ongoing crisis into growth opportunities.
The first game-changer was becoming the sole shareholder of 26 hotels in Britain that have the potential to revive quickly.
“In the first three months of the company acquiring 100 per cent of a hotel group in the UK, the average daily room rate rose sharply compared to before the pandemic. The company’s hotel business reported earnings before interest, taxes, depreciation, and amortisation in six quarters. The investment in the UK has proved to be good in terms of assets and time conditions,” Thitima said.
She adds that the key to growth is not just “building”, but also keeping the portfolio balanced. The firm has been conducting “asset rotation” to boost profit without additional investment by rotating funds to invest in potential hotels.
Singha Estate is confident that its hotel business will report a full year of profits in 2022 for the first time since 2019 thanks to the easing of travel restrictions in the UK coupled with the full operation of the Crossroads project in the Maldives.
The Crossroads project, called a “new high” for Singha Estate, is Maldives’ only fully-integrated tourist facility, which offers various types of accommodation and is only 15 minutes away from the airport by speed boat. Though there are concerns over the Omicron variant, hotel bookings have been rising.
The project also features The Marina – a township of shops, restaurants and seminar rooms, including an aquatic learning centre. The Crossroads suits a wide range of target groups, from honeymooners to budget travellers, including organising corporate activities and weddings.
The Crossroads project was launched in 2019 and is set to go into full operation in 2022.
The second game-changer was the sale of a low-rise housing development project that Singha Estate used to hold a majority stake in. The sale of this project has “unlocked” the potential to develop and invest further during the pandemic, with a goal to generate an income ratio of 75 per cent of income from low-rise projects and 25 per cent from condominium projects.
The company also plans to expand its business to boost yields for investors, including developing projects that serve an ageing society to cover skilled nursing and rehabilitation personnel. Meanwhile, the real-estate business has been generating an income of more than 4 billion baht yearly from the quality backlog and another 2.8 billion baht from the sale of ready-to-move-in condominiums.
The highlight of 2022 will be the launch of a new housing series, which is expected to be the main source of income in the future. The 3-billion-baht estate will provide single-detached houses priced at between 60 million and 100 million baht. Some units are ready to be transferred for ownership in a bid to recognise revenue within next year.
The third game changer is to penetrate the company’s fourth business, which is an industrial estate and infrastructure – aiming to reach corporate customers while keeping the investment portfolio balanced. Singha Estate began acquiring more than 2,000 rai of land for industrial estates and a 30 per cent stake in three co-generation power plants with a production capacity of 400 megawatts in Ang Thong province.
One power plant has gone into operation, while the other two are set for a commercial operation date by the end of 2022. All three power plants are currently under an electricity-purchase contract with the Electricity Generating Authority of Thailand, which guarantees constant income, while the remaining electricity can be sold to customers in Ang Thong industrial estate.
The Singha Estate’s office-building business has also made interesting developments. The firm’s homegrown brand “Worko” offers a dedicated co-working space, which was sold out a few months after opening. The company will also launch its “S Oasis” office building in mid-2022, which is believed to be the main income source of this business group as there has been a number of clients interested in visiting the project.
Thitima added that the three game-changing deals were created to help the company tackle the pandemic and manage its portfolio properly. She confirmed that Singha Estate is ready to handle the market by strengthening its businesses which include hotel, real estate, office building, industrial estate and infrastructure.
S&P Global named Charoen Pokphand Group (CP Group) the world’s third most sustainable company among industrial conglomerates on Tuesday.
S&P Global named Charoen Pokphand Group (CP Group) the world’s third most sustainable company among industrial conglomerates on Tuesday.
The list was topped by German multinational Siemens, while South Korean IT service firm, SK Inc, came in second.
CP Group’s CEO Suphachai Chearavanont said the group came in third among 44 firms thanks to its performance from the environment, society, governance and economic aspects.
Suphachai explained that CP Group has been operating its business for a century under its 3H strategy – Heart – Living Right; Health – Living Well; Home – Living Together – which is in line with the UN’s Sustainable Development Goals.
He believes the company’s sustainable business operation will bring positive changes to Thailand and the world.
“CP Group operates eight business lines, covering 14 business groups. The company has investments in 21 countries and over 450,000 employees,” he said. “As we enter our second century of operation, all our business groups must work together to overcome changes from economic, social and environmental fronts.”
He added that this achievement was in line with CP Group’s aim to become a sustainable company, as well as work proactively in promoting global agenda such as creating jobs, improving people’s quality of life and dealing with climate change.
Suphachai added that he was gratified that CP Group has achieved success in many aspects this year.
“CP Group has been chosen as a Global Compact LEAD participant by United Nations Global Compact and the world’s most ethical company by Ethisphere,” he said.
“In addition, business groups under CP Group, namely True Corporation, Charoen Pokphand Foods and CP All have been listed in Dow Jones Sustainability Indices for several consecutive years now,” he added.
MACO and partners unveil the biggest LED RIBBON CHRISTMAS TREE in Thailand, along with a Light and Sound display on Chong Nonsi Skywalk, as a New Year’s gift for Bangkokians under the concept “LIGHT OF HAPPINESS”
Master Ad Public Company Limited or MACO joins forces with VGI Public Company Limited, the Traffic and Transportation Department of Bangkok, Asset World Corp Public Company Limited, along with partners and Hong Kong Economic and Trade Office : HKETO – to create a new light and sound landmark on the Chong Nonsi Skywalk under the concept “Light of Happiness” also unveiling Thailand’s biggest LED RIBBON CHRISTMAS TREE in celebration of the New Year’s festivities from today until February 2022.
Mr. Phoon Chiong Kit, CEO of MACO, said, “Our subsidiaries have been granted the rights from the Bangkok Metropolitan Administration (BMA) to oversee the multipurpose space on the Chong Nonsi Skywalk since 2020. We have renovated the roof to resemble flowing streams and shady leaves, offering cool and pleasant atmosphere for commuters passing through the Sathon area, under the concept ‘Canal Park Skywalk’.
This undertaking also coincides with BMA’s project to revive Chong Nonsi canals and surrounding areas to improve the waterways and increase green space. Moreover, given that in the past 2 years, people all over the world, including Thais, have suffered from the impact of COVID-19, and many holiday celebrations have had to be cancelled, we wish to bring happiness back to the city through this newly renovated space. Together with our partners, we hope the revamp Chong Nonsi Skywalk will become a new landmark that inspires and brings people together, and a space for activities by the public and private sectors and the general population for all future celebrations and festivities.”
Mr. Palakorn Suwanrath, Chairman of Bangkok Aviation Fuel Services Public Company Limited (BAFS), presided over the opening ceremony for the Northern Fuel Pipeline Transportation System (Bang Pa-in – Lampang)
Mr. Palakorn Suwanrath, Chairman of Bangkok Aviation Fuel Services Public Company Limited (BAFS), presided over the opening ceremony for the Northern Fuel Pipeline Transportation System (Bang Pa-in – Lampang), which is the longest and most modern fuel pipeline in the country. M.R. Supadis Diskul, Executive Chairman, and M.L. Nattasit Diskul, President of Bangkok Aviation Fuel Services Public Company Limited (BAFS), along with Mr. Loyleuan Bunnag, the Executive Committee Chairman of the Northern Fuel Pipeline Transportation Project, and Mr. Charoen Charusalaipong, Managing Director of Fuel Pipeline Transportation Limited (FPT), participated in the ceremony at Nakorn Lampang Oil Depot, Lampang Province.
Mr. Palakorn Suwanrath, Chairman of Bangkok Aviation Fuel Services Public Company Limited (BAFS), stated that the Northern Fuel Pipeline Transportation Project is in a strategic plan by the Ministry of Energy, which it assigned the private companies to operate in order to enhance effectiveness of fuel transport and stabilize the country’s energy. “It will reduce accidents from tank truck fuel transport, diminish pollution, minimize greenhouse gas emissions, support the growth of the new airport opening in the northern region, develop the country’s fuel transport system, and support the ASEAN Economic Community (AEC). It is a great pleasure that the Northern Fuel Pipeline Transportation Project, which is a fuel supply infrastructure for the country, has been fully constructed and is ready for service. Despite many problems and obstacles, the company had to complete the project in line with a royal speech by King Rama 9, in which he said: “To do any business should be subject to public benefit of the country.
The inauguration of the entire project of Northern Fuel Pipeline Transportation System (Bang Pa-in – Lampang) starting from Phase 1, an extension from Fuel Pipeline Transportation Limited’s (FPT’s) existing fuel pipeline at the Bang Pa-in Depot, Phranakhon Si Ayutthaya province, to the Phichit Depot in Vajirabaramee District, Phichit Province (Bang Pa-in-Kamphaengphet-Phichit), a total distance of 367 kilometers. This depot will supply fuel to the lower northern region. Phase 2 of the project starts from the Kamphaengphet pumping and offtake station to the Lampang Depot, Sob Prab District, Lampang province (Kamphaengphet-Lampang), a total distance of 209 kilometers, to provide oil services to the upper northern region. With a total distance of 576 kilometers, it is the longest fuel pipeline transportation system in the country with a transport capacity of 9 billion liters/year.
M.R. Supadis Diskul, Executive Chairman of Bangkok Aviation Fuel Services Public Company Limited (BAFS), said that the Northern Fuel Pipeline Transportation Project was approved by the cabinet for the private sector to operate and is under the government’s strategic fuel plan. The Ministry of Energy has an agreement with Fuel Pipeline Transportation Limited, (FPT) who has provided fuel pipeline transportation services for more than 30 years to invest 10,900 million Baht (ten point nine billion Baht) and to manage this northern fuel pipeline transportation system and the oil depot project. The pipeline can deliver multi-products including aviation fuel, diesel, and benzene octane 91 and 95.
The Northern Fuel Pipeline Transportation Project is the longest and most modern fuel pipeline in Thailand. It is a great pride for BAFS Group as, despite the low return on the project, it provides extremely high social and environmental returns. With electricity-based oil delivery instead of tank truck oil transport, FPT has obtained a carbon credit for the reduction of greenhouse gas emissions of not fewer than 30,000 tons of carbon dioxide equivalent per year, which will decrease PM 2.5 and reduce the rate of accidents resulting from tank truck oil transport. It also minimizes the difference in oil prices as people in the northern region can now buy oil at a price similar to those who live in Bangkok. In addition, the Phichit Depot and Lampang Depot will be important strategic areas not only to distribute oil in the northern region but will also support economic growth in the northern region. The depots will also be an important center for distributing oil to neighboring countries, leading to more convenient and faster oil exports from Thailand to these countries.
Mr. Loyleuan Bunnag, Executive Committee Chairman of the Northern Fuel Pipeline Transportation Project, proudly explained that the completion of this large project with a ten billion baht investment covering a total distance of 576 kilometers, due to everyone dedicating their effort and collaborating in their work to their full capacity. The project involved transparent and traceable work operations in which the spending of the total funded amount had to be worthwhile and relied on professional teamwork. As a result, the project’s term and approved budget could be controlled to stay within the company’s targets.
Network communications encrypted using next-gen cryptography will be unbreakable, future-proof, and will allow for early intervention and mitigation
The global pandemic is causing an irreversible rise in double-threat ransomware, data theft and sophisticated supply-chain attacks. Fortunately, cybercriminals have been hampered by enterprise-level data encryption, which they have not been able to bypass easily.
However, with the advent of quantum computing, even this data protection method is under threat. With massive computing power within reach, cybercriminals can find ways to crack encryption algorithms.
University research collaborations in Indonesia and Thailand have already demonstrated the practical applications of quantum computers in cryptography, and cybercriminals are also watching the developments closely.
This is why Toshiba’s work in quantum-cybersecurity research is set to level the playing field against malicious actors. In late August this year, the firm announced a collaboration with a Singapore-based quantum technology firm SpeQtral, to offer quantum secure communications solutions powered by Toshiba’s Quantum Key Distribution (QKD) technology.
What is Quantum Key Distribution?
Quantum Key Distribution (QKD) is used to distribute the secret digital keys important for protecting highly sensitive data critical to many industries. Only when the right digital keys are in hand can recipients access the unlocked data. The problem is that digital keys can be stolen or misappropriated. Cyber hackers can then unlock stolen data with the compromised keys.
The essence of QKD security relies on encoding each bit of the key upon a single photon (particle of light) transmitted, for example through an ordinary optical fiber. As any attempt to read the photons alters their encoding, and this allows the secrecy of each key to be tested and guaranteed. Unlike other existing security solutions, QKD is secure from all future advances in mathematics and computing, including the data processing power of a quantum computer.
With QKD technology, not only is the encrypted data secure from unlocking, but any hacking attempts on the digital keys can be detected at an early stage, ensuring that the data and messages are accessible only by the intended recipient.
In Southeast Asia, the National University of Singapore is working to make QKD technology available to the wider industry to incubate a new class of “quantum-resilient encryptors” in financial services, government and healthcare sectors that work with highly sensitive data.
Thailand also has a strong quantum cryptographic research sector. Chiang Mai University has collaborated with the Thailand Centre of Excellence in Physics on single-atom trapping systems; other universities exploring quantum technology include the Suranaree University of Technology; National Institute of Metrology, and even a social enterprise, Quantum Technology Foundation of Thailand. The country regularly works with world research laboratories in America, China, Japan, and Russia to exchange research ideas.
From the secure transmission of sensitive genomic data, to data transfers between critical industrial infrastructure, uses cases of QKD in today’s cybersecurity landscape are innumerable.
According to Mr Hiroshi Fukuchi, Corporate Representative – Asia Pacific, Toshiba Corporation and Managing Director, Toshiba Asia Pacific Pte Ltd: “Southeast Asia is a vast potential market and development base for QKD. Toshiba has established industry partnerships in our early deployments of quantum technology in Japan, the US, and the UK. We are excited to be part of the QKD industry’s global expansion and commercialization in Singapore and Southeast Asia.”
Tackling cybercrime with QKD
Back in 2003, Toshiba was already a pioneer in researching quantum cryptography at the Cambridge Research Laboratory of Toshiba Research Europe Limited. By 2004, the conglomerate had become the first to announce quantum key distribution over 100 kilometers of fiber, and the first to achieve a continuous key rate exceeding 1Mbps in 2010, followed by 10Mbps in 2017.
Now, with the global acceleration of digital transformation, the volume of digital data in use and at rest will skyrocket exponentially. Along with this trend we are already witnessing a massive escalation of cybercriminal threats to steal and monetize valuable data.
This is where Toshiba’s QKD technology will be more pertinent than ever. The collaboration with SpeQtral will help potential users in Southeast Asia understand the need for and consider the implementation of QKD solutions to secure their communications, with free knowledge-sharing webinars and workshops as a starting point.
As a global hub for financial applications, Singapore in particular serves as a focal point for telecommunications, data centers, and cloud connectivity infrastructure. These industries process extremely important and high-value data, and it is crucial to continually review the security of these communications and upgrade current systems to address future threats.
Additionally, as each organization has unique data connectivity configuration and security requirements, the SpeQtral-Toshiba collaboration will help provide QKD solutions to ensure needs are addressed.
Leading the world in QKD development
Toshiba’s decades of quantum research have led to the development of two practical QKD devices for installation in multiplexed (up to 70km) and long-distance (up to 120km) usage scenarios.
Being designed for flexible and cost-effective deployment the two commercially-available products will enable quantum researchers in Southeast Asia and the world to further their research and trial cost effectively and reliably.
Meanwhile, as digital economies emerge from the acceleration of technological adoption, integration of emerging telecommunications infrastructures and deployment of 5G networks, quantum key distribution is an important building block to realize safe data communications.
That is why Toshiba continues to invest in deep research into QKD and related fields of quantum science in order to benefit governments, academia and industry in preemptively blocking off cyber threats.
On a more positive note, the Quantum Internet of the Future is set to bring a new era of beneficial technological progress to the world. This is what Toshiba Corporation—with its stated mission of boosting innovation and trust to contribute to the world at every level—is fully vest in.
The selection ahead of 269 participating companies from over 25 industries in Thailand reaffirms the company’s good human resources practices.
B.Braun (Thailand) Ltd was presented with the ‘Best Company to Work for in Asia 2021‘ in recognition of its accomplishments in People Management for the second year in a row. The award, organized by Business Media International (BMI) and HR Asia, is held annually in Cambodia, China, Hong Kong, India, Indonesia, Malaysia, the UAE, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. It recognizes companies with best-in-class HR practices, high levels of employee engagement and an excellent workplace culture.
B. Braun Thailand has consistently set out to implement strategies and practices that would differentiate it from amongst its industry peers. The company continuously nurtures a culture of collaboration built on Trust and Accountability, complimented by career development and continuous learning opportunities, while providing a highly conducive workspace that is based on Diversity and Inclusivity. B. Braun Thailand also went above and beyond to ensure that all its employees remained safe and healthy – both physically and emotionally – during the pandemic.
These practices enabled the company to score above the industry average across all three assessment areas in the Total Engagement Assessment ModelTM (TEAM) survey, which is part of the HR Asia’s Best Companies to Work for in Asia® criteria. The TEAM survey evaluates employee engagement on
• CORE (Collective Organization for Real Engagement)
• SELF (Heart, Mind & Soul)
• GROUP (Think, Feel & Do)
Some 269 companies from over 25 industries in Thailand were nominated for the award and B. Braun Thailand was selected to be one of the 50 winners for 2021.
Mr. Sayan Roy, Managing Director of B. Braun (Thailand) Ltd. said:
“It is an honour for B. Braun Thailand to be recognized as one of the “Best Companies to Work for in Asia” again. This award is an affirmation that we are on the right path with our good HR practices in achieving our vision to protect and improve the health of people around the world. At B. Braun, we strongly believe in our employees’ capabilities and we will ensure the continuous development of a competent, diverse, and inclusive workforce. This award will encourage our leadership team to continue our commitment for developing and supporting our employees to have a fulfilling employee experience. A special thanks as well to all our employees, as we are humbled by their faith in the organization.”
About the awards
The HR Asia Best Companies to Work for in Asia Awards is an awards recognition program for organizations that have been identified by their employees as one of Asia’s employers of choice and ascertains the best employers to work for. The award is targeted at companies across Asia and recognizes companies with the best HR practices and which demonstrate high levels of employee engagement and excellent workplace cultures. The high-profile nature of this award attracts applications from Fortune 500 companies, as well as other companies of various types, including multinational corporations and government-linked companies.
Mr. Loyleuan Bunnag, Executive Committee Chairman of the Northern Fuel Pipeline Transportation Project, proudly explained that the completion of this large project with a ten billion baht investment covering a total distance of 576 kilometers, due to everyone dedicating their effort and collaborating in their work to their full capacity. The project involved transparent and traceable work operations in which the spending of the total funded amount had to be worthwhile and relied on professional teamwork. As a result, the project’s term and approved budget could be controlled to stay within the company’s targets.
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