BGRIMs green debentures get electrifying response, B12bn offerings significantly oversubscribed, all snapped up #SootinClaimon.Com

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https://www.nationthailand.com/business/40004104

BGRIMs green debentures get electrifying response, B12bn offerings significantly oversubscribed, all snapped up


B.Grimm Power Public Company Limited (BGRIM), Thailand’s leading industrial energy producer with growing overseas presence, has hailed its green debentures offerings as a great success.

B.Grimm Power Public Company Limited (BGRIM), Thailand’s leading industrial energy producer with growing overseas presence, has hailed its green debentures offerings as a great success.

Investors’ response to BGRIM’s “Green Bond” offering was electrifying that not only the initial primary 8-billion-baht offering plan was fully subscribed, the doubling of greenshoe options to 4 billion baht were snapped up as well.

The demand for the debentures, gauged by the so-called Book Building process, was more than five times the initial offering plan of 8 billion baht, with some debenture tranches in the overall package being 10 times over the set portion.

Dr. Harald Link, Chairman and President of BGRIM, said the overwhelming response to the 12-billion-baht fundraising is truly remarkable at the time when the capital market has been depressed by the Covid-19 pandemic.

“The investors’ keen interest is a sheer vote of confidence in BGRIM’s business and its green energy drive in which these debentures are about,” he noted.

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BGRIMs green debentures get electrifying response, B12bn offerings significantly oversubscribed, all snapped upBGRIMs green debentures get electrifying response, B12bn offerings significantly oversubscribed, all snapped up

BGRIM’s debentures were taken by institutional investor groups including life insurance companies, asset management firms, government funds, cooperatives, and other financial institutions.

The BGRIM debentures come in three tranches – 2 billion baht for a 3-year maturity with interest rate at 1.41% p.a., 3 billion baht in “Green Bond” with a 5-year maturity and interest rate at 1.95% p.a., and 7 billion baht due in 10 years with interest rate at 3.20% p.a.

Proceeds from the 5-year tranche designated “Green Bond” will go towards the development of BGRIM’s two solar farm projects in Vietnam and a wind energy venture in the northeastern Thai province of Mukdahan.

The Vietnam schemes, located in Phu Yen and Tay Ninh provinces with a combined generating capacity of 677 megawatt, will take 87% of the proceeds while the 18-MW Mukdahan facility receiving the remaining 13%.

BGRIM’s Green Bond is verified to conform with the Climate Bonds Standard to ensure the best practice standards for climate integrity, management of proceeds and transparency. The certified B.Grimm Green Bond is included in Climate Bond Initiative websites (https://www.climatebonds.net/certification/certified-bonds)

BGRIMs green debentures get electrifying response, B12bn offerings significantly oversubscribed, all snapped upBGRIMs green debentures get electrifying response, B12bn offerings significantly oversubscribed, all snapped upAll three debenture varieties are rated “A-” with a “stable” outlook by TRIS Rating Co Ltd on June 29, 2021.

The debentures were offered to institutional and or high net worth investors on July 2-5 with debentures being issued on July 6.

Bangkok Bank, Kasikorn Bank and Kiatnakin Phatra Securities Public Company Limited acted as underwriters of the debentures.

Dr Link expressed gratitude for investors’ keen interest in BGRIM’s debentures and unrelenting supports.

The company will earmark the proceeds from the debentures to repay existing debts, investing in projects and using them as working capital.

The debentures offered this time bear reasonable costs and would lay an investor base for future debenture offerings.

Supports from investors this time endorse their confidence in BGRIM for its strong performance, highly experienced management team and leadership in the core business of producing and selling electricity and steam with top global standards.

BGRIM has been conducting its businesses under the slogan of “Empowering the World Compassionately”, by extending generosity, values to the society and growing alongside Thailand.

Published : August 02, 2021

Mikimoto brings forth vibrant colors of the season with “Spring New Collection 2021” #SootinClaimon.Com

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https://www.nationthailand.com/business/40004103

Mikimoto brings forth vibrant colors of the season with “Spring New Collection 2021”


Mikimoto has crafted series of unparalleled, timeless pearl jewelry pieces incorporated with precious gemstones and inspiration from natural beauty.

Summertime returns, and the season of colors and vitality is starting anew with delicate, sweet smile. Mikimoto, Japan’s high end pearl jewelry brand, is presenting the pure natural beauty of pearls and haute craftsmanship in the new release “Spring New Collection 2021” that radiates Mikimoto’s unique aesthetics.

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Mikimoto brings forth vibrant colors of the season with “Spring New Collection 2021”Mikimoto brings forth vibrant colors of the season with “Spring New Collection 2021”

For more than a century, Mikimoto has crafted series of unparalleled, timeless pearl jewelry pieces incorporated with precious gemstones and inspiration from natural beauty. These precious creations for the summer are inspired by the floral queen of the season, the cherry blossom, which is also Japan’s national flower, that goes into full bloom during late March until early April that marks the beginning of spring. Cherry blossom petals that symbolize the sweet, delicate feminine beauty are used to create various jewelry designs. White South Sea Pearl Earrings with Diamond brings elegant air to the wearer, while White South Sea Pearl Pendant with Diamond that uses lustrous, perfectly round white South Sea pearl, entices with alluring charm. Meanwhile the White South Sea Pearl Ring with Diamond brings glamour to a lady’s delicate, slim finger.

The collection also includes masterpieces such as Akoya Pearl Brooch with Diamond and Pink Sapphire with perfectly round and lustrous Akoya pearl propped on delicate floral petals and sparkling diamonds and pink sapphires. The majestic Golden South Sea Pearl Earrings with Diamond boosts confidence, while the White South Sea Pearl Pendant with Diamond delights with a string of diamond accent. The other two stellar pieces that pearl lovers fall in love with are White South Sea Pearl Brooch with Diamond and Blue Sapphire and White South Sea Pearl Brooch with Diamond and Pink Sapphire with exquisitely delicate flower petals created by the masterful hands of Mikimoto’s artisans.

Experience the eternal beauty of peals, the king of the sea, created to welcome the warming and vibrant springtime with the “Spring New Collection 2021” at Boutique Mikimoto, Level M of Siam Paragon. For more information, contact 0-2129-4444.

Published : August 02, 2021

Marriott International and PCMA collaborate to offer digital event strategist (DES) certification #SootinClaimon.Com

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https://www.nationthailand.com/business/40004102

Marriott International and PCMA collaborate to offer digital event strategist (DES) certification


Digital and hybrid event education has proven to be critical as economies begin to reopen and where reskilling is paramount to future-proof events. The DES course is a self-paced, 6-course module supported by APAC Regional Experts that provide local expertise and hybrid event insights and commences with a final exam.

Marriott International and the Professional Convention Management Association (PCMA) today announced a collaboration to provide the Asia Pacific region’s business events community access to PCMA’s Digital Event Strategist (DES) certification course. Event and meeting professionals will have the opportunity to be certified upon booking at participating Marriott Bonvoy Events across Asia Pacific.

Digital and hybrid event education has proven to be critical as economies begin to reopen and where reskilling is paramount to future-proof events. The DES course is a self-paced, 6-course module supported by APAC Regional Experts that provide local expertise and hybrid event insights and commences with a final exam.

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Marriott International and PCMA collaborate to offer digital event strategist (DES) certificationMarriott International and PCMA collaborate to offer digital event strategist (DES) certification

“Today, relationships and business models are ever-changing,” said Karen Bolinger, Managing Director APAC at PCMA. “Working with Marriott is a testament to PCMA’s commitment to its partners and industry as we continue to develop and deliver the necessary support and education both our members and clients need and want. In fact, PCMA’s most recent APAC survey indicated that over 70% of meeting planners are looking for venues with broadcast facilities and in-house expertise, and 80% of respondents said they will give their in-person and virtual event attendees an opportunity to interact. This means new skills are required to deliver on these business objectives.”

Earning the DES certification provides industry professionals with the tools to: plan, produce and measure digital and hybrid events from beginning to end; monetise digital events through fresh pricing and sponsorship strategies, and evaluate and choose the most sophisticated tech solutions.

“As we march towards full recovery for our industry, it is crucial that event professionals continue to adapt and equip themselves with the relevant skills and knowledge for success,” Ramesh Daryanani, Vice President, Global Sales, Asia Pacific commented. “Marriott International has always been committed to providing an environment that enables customers to ‘Connect with Confidence’, whether through our enhanced hygiene protocols, hybrid meeting solutions or learning opportunities. Partnerships with industry associations like PCMA, allows us to leverage the industry’s best and innovative practices and offer event professionals the solutions and insights required to navigate the current landscape to create engaging experiences and successfully host meetings and events.”

Marriott International and PCMA collaborate to offer digital event strategist (DES) certificationMarriott International and PCMA collaborate to offer digital event strategist (DES) certification

Launched in early 2021 to provide meeting and event planners the flexibility to book and organize events in anticipation of the return of large-scaled meetings and events, The Time is now is a promotion currently available at participating Marriott Bonvoy properties across Asia Pacific. The collaboration with PCMA will allow eligible customers to select the PCMA Digital Event Strategist (DES) certification as an additional benefit when booking an event or meeting with Marriott. Terms and conditions apply.

Participating hotels in Thailand are;

1. Bangkok Marriott Hotel Sukhumvit

2. Bangkok Marriott Marquis Queen’s Park

3. Le Meridien Chiang Mai

4. Sheraton Grande Sukhumvit, a Luxury Collection Hotel, Bangkok

Published : August 02, 2021

DITP taps Walmart as new sales channel for Thai exports #SootinClaimon.Com

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https://www.nationthailand.com/business/40004093

DITP taps Walmart as new sales channel for Thai exports


Walmart’s online platform has grown quickly to become the second-largest e-retail platform in the US after Amazon. The platform is likely to gain a greater share in the US market going forward.

The Department of International Trade Promotion (DITP) has invited nine Thai trade associations to talks with Walmart on increasing sales channels for Thai goods in international online markets such as the US, Canada, Mexico and Argentina. The aim of the talks is to boost the country’s exports.

The nine associations joining the talks are the Thai Furniture Association, Thai Gifts Premiums & Decorative Association, Thai Housewares Trade Association, Thai Lifestyle Products Federation, Northern Handicrafts Manufacturers and Exporters Association, Thai Toys and Children Product Trade Association, Thai Subcontracting Promotion Association, Thai Autoparts Manufacturers Association, and Federation of Thai Industries (furniture and air-conditioning & refrigeration industries).

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The move comes after Walmart recognised Thai businesses’ strength in producing high-quality products with a variety of designs, said DITP director-general Somdet Susomboon.

He added that to meet the US market’s demand during the Covid-19 crisis, Walmart wants a large number of Thai products, including furniture, housewares, house decor, toys, automotive parts, electric appliances and air-conditioners.

He added that the department is working under Deputy Prime Minister and Commerce Minister Jurin Laksanawisit’s policy to encourage businesses to use online trading systems to expand their sales in international markets amid the sluggish economic recovery due to the Covid-19 crisis.

“The department has achieved success in boosting the country’s exports in the first half of this year, with 14.67 billion baht generated from activities operated via online channels,” he said.

“We have received a policy directive to speed up the operation in the second half of this year, to generate more revenue for the country.”

Among activities in the first half of this year is “Yi Pua [Chinese for middlemen] Online Connect”, which gathered over 52 foreign middlemen to purchase and distribute Thai products via several large online platforms from May 24-28.

DITP taps Walmart as new sales channel for Thai exportsDITP taps Walmart as new sales channel for Thai exports

“This activity generated contracts and exports worth 288 million baht, much higher than the original target of 100 million baht,” Somdet said.

He added that the Thai Trade Centre in Chicago had invited retail giants in the US market to purchase and distribute Thai products via Walmart under the “Yi Pua Online Connect” as well.

Walmart’s online platform has grown quickly to become the second-largest e-retail platform in the US after Amazon. The platform is likely to gain a greater share in the US market going forward.

Products being focused on by Walmart Global Sourcing include automotive parts (sun visors and seat covers), furniture (beds and office chairs) and home decorations for Christmas and Easter. These are Walmart’s best-sellers, with orders of 1-12 million items per year in each product category.

Published : August 02, 2021

Boonrawd Brewerys innovative Stackable Design for Singha Drinking Water won the Thaistar Packaging Awards 2021 #SootinClaimon.Com

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https://www.nationthailand.com/business/40004091

Boonrawd Brewerys innovative Stackable Design for Singha Drinking Water won the Thaistar Packaging Awards 2021


The new stackable design for this SKU has recently won the Thaistar Packaging Awards 2021 for transportation packaging from the Ministry of Industry, ensuring that Singha Drinking Water is clean, safe, and carefully manufactured for all our consumers.

Boonrawd Brewery has redesigned the 6-liters Singha Drinking Water, making it three times stackable than the original design, leading to less space needed and less material used for transportation, and more eco-friendly. The new stackable design for this SKU has recently won the Thaistar Packaging Awards 2021 for transportation packaging from the Ministry of Industry, ensuring that Singha Drinking Water is clean, safe, and carefully manufactured for all our consumers.

Mr. Titiporn Thammapimookkul, Chief Marketing Officer – Brand at Boonrawd Trading Co., Ltd., revealed that the company strives to make Singha Drinking Water clean and safe for consumers with attention to every detail and produce quality products. The new packaging is designed to provide convenience, which suits the recent trend of living spaces, and to be more safe and eco-friendly. Boonrawd’s stackable design for 6-liter Singha Drinking Water has won the Thaistar Packaging Awards 2021 in the Packaging for Transportation category with its innovation in creative packaging design to maximize efficiency in product transportation, convenient, and be more mindful of the environment.

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Boonrawd Brewerys innovative Stackable Design for Singha Drinking Water won the Thaistar Packaging Awards 2021Boonrawd Brewerys innovative Stackable Design for Singha Drinking Water won the Thaistar Packaging Awards 2021

“The thinking behind the design is a result of a 3-year collaboration between different departments, the packaging R&D team, the engineering team, along with Wangnoi Beverage company and countless teams. The project is inspired by Mr. Rojrit Debhakam, First Senior Executive Vice President, whose policy encourages our packaging design to be future-proof, environmentally friendly, and use less material for transportation. The stackable design has eliminated the paper cardboard or box that was previously needed between each product, saving more than 150 tons of paper per year and providing innovation for Thai consumers and more suitable to their lifestyle. The new LEGO-like design comes with special technology to make the packaging more durable and can be stacked up to 3 levels, reducing the space needed for storage,” said the packaging research and development team who designed the packaging.

All materials used can be entirely recycled, whether it’s the PET bottle, the handle, and the label, which resonates with the brand’s environmentally friendly mission. The products were manufactured with a closed system for maximum safety and hygiene. Singha’s proprietary Smart Micro Filter technology will filter out and kill microorganisms and bacterias in the water and keep all the minerals vital to the body.

The 44th Thaistar Packaging Awards 2021 is held by the Ministry of Industry and the Department of Industry with the theme “Sustainability for Next Normal,” which encourages designers to showcase their packaging designs, support the exportation of Thai products, and find Thailand’s packaging design representative to compete on the international and world stage. The criteria of the packaging design contest are as follows: 1. Innovation – creativity in design 2. Use case – the benefit of the design and convenience 3. Graphics – beautiful and memorable design 4. Suitability – efficiency and can be commercialized 5. Environmental friendly design and 6. Overall impression.

Published : August 02, 2021

Thailand looks to e-mobility to help residents breathe cleaner air #SootinClaimon.Com

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https://www.nationthailand.com/business/40004080

Thailand looks to e-mobility to help residents breathe cleaner air


ABB Terra 124 charging stations are offering the fastest charging experience for electric vehicles in Thailand

Thailand’s growing urbanization, along with a surge in industrial activity, has led to more traffic congestion and higher air pollution in Bangkok. The air quality in the capital is now deemed unsafe by the Pollution Control Department. This problem has persisted even after the city expanded its Skytrain rail system and subway lines, because most people still rely on private cars to commute. 
To combat air pollution, the government is now pushing for wider adoption of electric vehicles (EV), including hybrids, plug-in hybrids and battery electric vehicles. This has shown results – the number of EV registrations has increased to 100,000, according to the Electric Vehicle Association of Thailand. To ensure that this trend accelerates further, the government wants to ensure there is adequate reliable and accessible charging infrastructure for EV drivers nationwide. By 2030, the government wants 50 percent of all cars made in Thailand – 1.25 million units – to be electric.

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To expand the public fast charging network, both public and private sectors jointly expand the network of fast charging stations which aiming to increase the adoption of electrified vehicle in the country. Electricity Generating Authority of Thailand (EGAT), leading state-owned power utility, partnered with PTG Energy, one of Thailand’s leading energy companies that operates PT petrol stations, to install chargers at PT petrol stations along main highway routes outside Bangkok. 

ABB’s chargers drive Thailand’s sustainable transport forward
ABB’s Terra 124 EV fast charger with a charging power of 120 kW has been installed at Elex by EGAT station at five PT petrol stations situated on major highway routes. These stations, located between 100-200 kilometers from Bangkok, are already switched on and ready to charge. They represent the nation’s fastest public charging station and can typically charge EVs in just 20-30 minutes to reach 80 percent of their charging capacity. 

Terra 124’s compact size and flexible design make it perfect fit for petrol stations, highways and fleet use. With dual outlet CCS, the charger can provide a full battery charge to two vehicles simultaneously and is designed to meet EV battery voltage capabilities up to 920V. It can charge a wide range of EVs and is future-ready. 
It is part of the bestselling Terra DC fast charging family, known for superior usability and reliability as well as integrated connected services, based on a 24/7/365 monitored platform, for remote services and firmware updates. These services allow customers to easily connect 

EVEV

their chargers to different software systems like back-offices, payment platforms or energy management solutions online.
“We’re very proud to have been entrusted with EGAT to support Thailand’s transition to sustainable transport. ABB’s Terra 124 is one of the most advanced charging stations in our pioneering family of chargers that have helped transport networks around the world become smarter, greener, and free of emissions. It been certified to operate optimally within a petrol station environment,” said Gianandrea Bruzzone, Country Managing Director of ABB Thailand. 

EVEV

ABB is a world leader in electric vehicle infrastructure, offering the full range of charging and electrification solutions for electric cars, electric and hybrid buses as well as for ships and railways. ABB entered the EV-charging market in 2010, and to date. ABB entered the e-mobility market back in 2010, and today has sold more than 400,000 electric vehicle chargers across more than 85 markets; over 20,000 DC fast chargers and 380,000 AC chargers, including those sold through Chargedot.

ABB’s commitment to driving progress in e-mobility is shown most clearly through the title partnership with the ABB FIA Formula E World Championship. From Season 9, in 2022-23, ABB will become official charging supplier to the championship.

For more information about ABB’s EV Charging Solutions, visit new.abb.com/ev-charging

Thailand looks to e-mobility to help residents breathe cleaner airThailand looks to e-mobility to help residents breathe cleaner air

Published : August 02, 2021

By : The Nation

Habitat for Humanity to hold Asia-Pacific Housing Forum in Thailand for the third time #SootinClaimon.Com

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https://www.nationthailand.com/business/40004079

Habitat for Humanity to hold Asia-Pacific Housing Forum in Thailand for the third time


Over 2,000 industry experts and delegates expected to participate in a hybrid event, co-organized with SWITCH-Asia

Habitat for Humanity announced today that the eighth Asia-Pacific Housing Forum with the theme, “Building forward better for inclusive housing”, will be held in Bangkok from December 7 to 9. This will be the third time that the affordable housing forum will be held in Thailand. The strategic location of the country, presence of a strong and vibrant international development community in Bangkok, and Habitat for Humanity’s 23-year history of building homes in Thailand, were the key considerations for the choice of venue for the biennial event.

“The focus for this year’s Asia-Pacific Housing Forum centers on how affordable and sustainable housing solutions can bring an inclusive future for vulnerable and low-income families through greener, safer, and more resilient approaches,” said Luis Noda, area vice president of Habitat for Humanity in the Asia-Pacific region.

Globally, the health and economic impacts of the ongoing pandemic has exacerbated the housing crisis and made clear how crucial having safe, secure, and adequate housing is to one’s health, wellbeing, and even survival.

Around the world, approximately 1.6 billion people live without adequate shelter. In the Asia-Pacific region, an estimated one-third of urban dwellers live in slums or slum-like conditions. In Thailand, for instance, the slum and squatter population has continued to increase, with a majority of them in the Bangkok Metropolitan Region. The nation’s urban population is approximately 35.29 million in 2019 (Statista.com). From 2018 to 2019, the poverty rate dropped to 6.2%, according to the World Bank. However, in 2020, the poverty rate increased to 8.8% due to the effects brought by the COVID-19 pandemic.

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Habitat for Humanity to hold Asia-Pacific Housing Forum in Thailand for the third timeHabitat for Humanity to hold Asia-Pacific Housing Forum in Thailand for the third timeSome of the main speakers of the Asia-Pacific Housing Forum include Maimunah Mohd Sharif, executive director of UN-Habitat, and Jonathan Reckford, chief executive officer of Habitat for Humanity International.

Co-organized by Habitat for Humanity and the EU-funded SWITCH-Asia programme, with the support of other partners, the Forum brings together industry leaders, innovators, policy experts, and various stakeholders to inspire a new vision for more inclusive, healthy, and resilient cities and communities. It serves as a multi-sectoral platform to build collaboration among like-minded organization to create impact at scale for low-cost, affordable technologies across the Asia-Pacific region.

The importance of housing as a driver of economic growth and sustainability in human settlements will be one of the central discussions during the Forum. It also aims to strengthen the regional community’s commitment to the UN Sustainable Development Goals and align climate change initiatives with national priorities.

The Asia-Pacific Housing Forum, which has been attended by more than 7,200 participants since its inaugural conference in 2007, is supported by The Hilti Foundation, Whirlpool, Agence Francaise de Developpement, and Somfy Foundation. Other partners include UN-Habitat, Cities Alliance, and Total Quality PR.

The Forum will adopt a hybrid format, with limited in-person participation in accordance with government-mandated health and safety guidelines. However, with the fluid situation brought about by the COVID-19 pandemic, the organizers are continuously monitoring the situation with a pivot strategy in place for an enhanced fully virtual experience. Register at aphousingforum.org and find out more about the forum program, tracks and side events.

Published : August 02, 2021

BTS Group Holdings wins Transport Deal of the Year award #SootinClaimon.Com

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https://www.nationthailand.com/business/40004010

BTS Group Holdings wins Transport Deal of the Year award


BTS Group Holdings has bagged the “Transport Deal of the Year” title at The Asset Triple A Infrastructure Awards 2021 held by The Asset, an Asian financial magazine, the company said in a press release.

BTS Group Holdings has bagged the “Transport Deal of the Year” title at The Asset Triple A Infrastructure Awards 2021 held by The Asset, an Asian financial magazine, the company said in a press release.

The award was given to the firm after it issued green bonds in November 2020 to raise funds for investment in sustainable infrastructure, such as the MRT Yellow and Pink lines.

This underlines the fact that BTS Group is running its business with an eye on the environment.

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Published : July 31, 2021

HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000 #SootinClaimon.Com

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https://www.nationthailand.com/business/40003975

HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000


HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000 each Jewellers see travel restrictions as key business challenge

The 37th HKTDC Hong Kong International Jewellery Show and 7th HKTDC Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), concluded today. In addition to trade buyers, the twin shows were also open to jewellery-loving public visitors for the first time this year. The five-day shows attracted more than 13,700 industry buyers and over 17,000 public visitors who came to explore and purchase a wide array of jewellery products. The twin shows also run online until 5 August to enable global jewellers and traders to engage in business talks via video conferencing, with more than 1,200 online meetings between exhibitors and buyers arranged. As of 29 July, the online edition of the shows recorded some 2,500 buyers exploring products and conducting business discussions online.

Recovering purchasing power creates new opportunities

With the pandemic changing the global economy and international travel restrictions disrupting regular business travel, enterprises are looking to conduct cross-border business through both online and physical channels. Benjamin Chau, Acting Executive Director of the HKTDC, said: “An independent survey conducted on-site found that 44% of the interviewed exhibitors and buyers considered business travel restrictions during the pandemic as the biggest current challenge. On a more positive note, 31% and 19% of respondents respectively believed that the recovering purchasing power of customers and business leads driven by e-tailing would be the main source of new business opportunities this year.”

Mr Chau continued: “The HKTDC is adopting a strategy that clearly aligns with the survey results. Addressing both exhibitors’ needs and market trends, we made a swift decision to open the twin shows to public visitors for the first time. This has enabled exhibitors to reach out to more retail clients and broaden their customer base. Also, the fact that the two shows run in a unique physical and online format for the first time has helped to create more business opportunities for traders.”

During the shows, the HKTDC conducted an on-site survey in which more than 800 exhibitors and buyers were interviewed. The survey found that buyers and exhibitors remain cautious regarding the market outlook, with 54% of respondents expecting overall sales to decrease this year and only 29% expected sales to remain unchanged. In terms of sourcing prices and production costs, 45% of respondents said they were under more pressure. Despite this, more than half of them (54%) expected that retail prices will remain unchanged.

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HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000

Diamond jewellery items were the most popular products purchased at the shows

Regarding the growth prospects for jewellery products in major countries and regions over the next two years, respondents considered that North America (41%), Western Europe (33%) and Hong Kong (31%) were the most promising traditional markets, while Mainland China was considered by 51% as the most promising emerging market. Hong Kong was recognised by interviewed buyers as an ideal sourcing hub, with quality (75%), use of material (73%) and services (71%) being the three most appreciated aspects.

In terms of popular product categories, the survey found that nearly half (49%) of the respondents favoured karat-white gold, followed by karat-rose gold (42%) and karat-yellow gold (38%). Diamonds remained the most popular (54%) among all gemstones.

HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000Half of the respondents expected trendy fashion jewellery to have the greatest market potential. The survey also found that 28% of public visitors interviewed had spent more than HK$10,000 each on-site and that diamond jewellery items were the most popular products (51%) purchased at the shows.

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Exhibitors value jewellery shows as effective business platforms

The twin shows were the first two physical trade fairs staged by the HKTDC since the pandemic began, creating business opportunities for exhibitors and buyers alike.

A Hong Kong exhibitor, Just Gold Company Limited, joined the Jewellery Show for the first time this year. Arthur Tang, the company’s Managing Director, Greater China, shared that the show was an effective business platform that helped their company enhance its branding and increase market exposure. “We promoted our new designs as well as special collections for our 30th anniversary. A number of buyers approached us to enquire more about our products. We’ve already concluded some business deals and the response has been encouraging,” said Mr Tang.

Another exhibitor, Yvonne Pong, Director, Wing Hang South Sea Pearl Company Limited, considered the Jewellery Show as the perfect place to promote their pearl jewellery collections and drive new business. “Customers love our classic designs, and jewellery with gold-coloured pearls is particularly sought after. The response has been better than expected. We’ve met some quality buyers, including a number of new customers,” she said. “The HKTDC has done an excellent job making the show a success despite the pandemic. I am confident the show will get even better, with more overseas buyers coming to source products once travel restrictions are lifted.”

HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000A local buyer, Edmond Chan, Head of Jewelry Asia, Luxeford Hong Kong Limited, was pleased to see the Jewellery Show being staged again. “We specialise in purchasing high-end jewellery and watches. I am here looking for partners and to find suitable products. I’ve already found an exhibitor to explore cooperation with whose jewellery collection boasts some outstanding designs,” he said.

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A host of activities were held during the two shows, including seminars on changes that the pandemic and online marketing have brought to the jewellery industry supply chain, a series of expert talks tailor-made to guide the public on the appreciation of rare-colour diamonds and pearl evaluation methods, jewellery smart bidding session, workshop, lucky draws and jewellery parades. These events not only facilitated the exchange of market intelligence among industry players, but also enhanced public knowledge about gemstones and jewellery products.

HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000HKTDC’s twin jewellery shows conclude today Nearly 30% of public visitors spend more than HK$10,000Physical edition of International Sourcing Show ends concurrently

The physical edition of the HKTDC International Sourcing Show also ended today, the 4-day show attracted over 14,000 buyers to attend or explore products online. To help local small and medium-sized enterprises (SMEs) grasp business opportunities, the HKTDC contacted quality buyers through its network of 50 offices worldwide and arranged close to 1,100 business matching meetings during the physical show.

This physical edition of the International Sourcing Show was complemented by an online element, which started in March, enabling traders to stay connected both online and offline and boosting business opportunities during the pandemic.

Published : July 30, 2021

Fully booked Sansiri projects show property demand in tourism provinces still high #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40003961

Fully booked Sansiri projects show property demand in tourism provinces still high


Property company Sansiri (SIRI) says demand for properties in Thailand’s tourism provinces remains high, after its “1517 NIMMAN” project sold out within three weeks of opening.

Uthai Uthaisangsuk, SIRI chief operating officer, explained that the mixed project comprises business and residential units nestled amid Chiang Mai’s trendy Nimman business district and shopping zone.

He said the sold-out units were a strong sign that tourism and the economy are recovering in the northern province.

The roaring success of 1517 NIMMAN comes after two Sansiri condominiums in Chiang Mai – D condo Rin and D condo Ping – sold out in the past year.

As well as Chiang Mai, Sansiri also sees potential for growth in Phuket following the return of foreign tourists in the Sandbox scheme launched in the province on July 1.

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Fully booked Sansiri projects show property demand in tourism provinces still highFully booked Sansiri projects show property demand in tourism provinces still highUthai said Sansiri has organised the promotion #โปรSAVEทั้งเกาะ (#save all the island) to showcase two projects – the Anasiri Paklok and Siri Place Airport Phuket.

Meanwhile, over 80 per cent of units at “The Base Central Phuket” condominium have already been transferred to their new owners, the chief operating officer added.

For safety and convenience during the Covid-19 situation, Sansiri has introduced a virtual sales gallery, online booking and booked private tours for those interested in its properties. Meanwhile, all of its staff have been vaccinated and the company is continuing to help people suffering Covid-19 impacts, Uthai said.

Published : July 30, 2021