B Grimm wins five Asian Excellence Awards #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

B Grimm wins five Asian Excellence Awards

Oct 22. 2020Preeyanart SoontornwataPreeyanart Soontornwata 

By THE NATION

B Grimm Power Plc, Thailand’s leading industrial power producer, has bagged five Asian Excellence Awards 2020, with its chief Preeyanart Soontornwata being named “Asia’s Best CEO”.

The awards are bestowed by Corporate Governance Asia, a leading investment and governance magazine.

“The awards speak volumes about B Grimm’s commitment in conducting its business with economic, social and environmental responsibilities based on the principles of good corporate governance and under the vision of ‘Empowering the World Compassionately’ which sees the company doing business with compassion over the past 142 years,” Preeyanart said.

Along with “Asia’s Best CEO”, B Grimm could also boast Asia’s Best CFO (Nopadej Karnasuta) and Best Investor Relations Professional (Solaya na Songkhla). It also swept up awards for Best CSR in Asia and Best Investor Relations Company Asia.

The Asian Excellence Awards are based on corporate data in conjunction with a survey of investors, analysts and other experts across Asia.

Krungsri profits drop 25.3% from last year #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

Krungsri profits drop 25.3% from last year

Oct 22. 2020

By THE NATION

Krungsri (Bank of Ayudhya) on Thursday announced net profits of Bt19.7 billion for the first nine months of 2020, a fall of 25.3 per cent or Bt6.6 billion from the same period last year.

The bank blamed the sharp drop on an unfavourable environment together with severance payments and the absence of extraordinary one-time gains from selling a 50 per cent stake in its micro-loans arm Ngern Tid Lor.

Krungsri also announced loan growth of 1.4 per cent or Bt25.7 for the first nine months of 2020. Non-performing loan ratio rose to 2.24 per cent, compared to 1.98 per cent in December 2019.

Meanwhile, deposits increased by 10.4 per cent or Bt162.3 billion.

The bank reported a coverage ratio of 160.6 per cent, compared to 163.8 per cent in December 2019.

It said the capital adequacy ratio remained strong at 17.13 per cent, compared to 16.56 per cent in December 2019.

GSB offers savings, loan promotions at Bangkok expo #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

GSB offers savings, loan promotions at Bangkok expo

Oct 21. 2020

By The Nation

#The Government Savings Bank brings a wide array of financial solutions to the Money Expo 2020 in Bangkok from October 22-25.

Highlights include a 107-Day Savings Deposit Account with interest rising to 10%, and a mortgage loan with 0% in the first year. For more details:  https://www.gsb.or.th/promotions/money-expo-2020/

Tencent Cloud offers conference solutions for the ‘new normal’ #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

Tencent Cloud offers conference solutions for the ‘new normal’

Oct 21. 2020

By The Nation

Tencent Cloud, the cloud business of Tencent – a leading provider of value-added services on the net – continues to penetrate Thailand’s cloud market with the introduction of Tencent Cloud Conference (TCC), serving the needs of different organisations.

The TCC system supports virtual and hybrid conferences via the Tencent Cloud platform, with incorporated interactive elements that can be used to engage customers in different types of businesses.

Chang Foo, chief operating officer of Tencent (Thailand), said: “We are glad to introduce Tencent Cloud Conference, a high-performance online conference solution to meet the growing market demand including hosting business conferences, trade shows, seminars, forums and various types of meetings. This comprehensive solution can help manage virtual and hybrid conferences effectively, offering highlighted features to support a wide range of conferences from corporate to international levels. We aim to create opportunities for organisations to drive their business plans uninterruptedly to the highest potentials.”

IHG has big plans for Grand Sukhumvit Hotel in Bangkok #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

IHG has big plans for Grand Sukhumvit Hotel in Bangkok

Oct 21. 2020

By The Nation

InterContinental Hotels Group (IHG) has signed an agreement with Sukhumvit Centre Point to take on the management of Grand Sukhumvit Hotel Bangkok from next year.

After extensive refurbishment, the 386-room hotel will be rebranded as Crowne Plaza Bangkok Grand Sukhumvit by the end of next year. More rooms will be added to the hotel by 2023, making it the country’s largest Crowne Plaza hotel and the brand’s flagship.

Serena Lim, IHG’s vice president for development in Southeast Asia and South Korea, said: “The strength and breadth of IHG’s brand portfolio has led to some exciting growth and conversion opportunities here in Thailand and across Southeast Asia and Korea. We are seeing an appetite from owners, including our partner Sukhumvit Centre Point, to join the IHG family and benefit from the power of our enterprise.”

Some 30 kilometres from Suvarnabhumi Airport, the hotel is located near Nana BTS Station, offering guests easy access to embassies and corporate offices, as well as nearby shopping, dining and entertainment venues.

IHG has 31 hotels in Thailand operating under the brands Six Senses, InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, and Staybridge Suites, with another 29 in the pipeline.

AIS to host Thailand’s first global Esports summit next week #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

AIS to host Thailand’s first global Esports summit next week

Oct 20. 2020

By The Nation

No longer just entertainment, computer games and Esports are increasingly seen as a key driver of Thailand’s digital economy, accelerating development and bringing new jobs and professions.

To harness this power, leading 5G operator AIS has joined forces with Techsauce Media to host the first fully accredited international Esports and games industry seminar in Thailand.

The online AIS x Techsauce Esports Summit is packed with content, plus international games developers, publishers, policymakers, educators, leading international brands, professional players, and entrepreneurs at the forefront of the industry. All will share their knowledge, from the global Esports industry with investors, Thai game developers seeking global expansion, gamers and others.

Participants can live stream every session through the Techsauce Thailand and AIS Esports Facebook pages or via the AIS Play application. For free registration for each session, visit aisesportssummit.techsauce.co.th.

The day-long summit begins at 10am on October 28 (next Wednesday).

Krungsri takes 50% stake in Filipino finance company #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

Krungsri takes 50% stake in Filipino finance company

Oct 20. 2020

By The Nation

Krungsri (Bank of Ayudhya) has acquired a 50 per cent stake in SB Finance (SBF), a subsidiary of leading Filipino bank Security Bank Corporation (SBC).

Krungsri said on Tuesday the acquisition had been completed after getting the green light from regulators in Thailand and the Philippines. The deal stems from a share purchase agreement announced on August 8, 2019.

Krungsri president and CEO Seiichiro Akita said the partnership with SBC extends the Thai bank’s reach beyond peninsular Southeast Asia. Krungsri said it will support SBF through its expertise in consumer finance encompassing product development, marketing and sales channel enhancement as well as risk management.”

“Having [Japan’s] MUFG Bank as a common shareholder, this transaction clearly demonstrates that both Krungsri and MUFG have strong confidence and commitment to the Philippine economy, and meanwhile reaffirms Krungsri’s aspiration to become an Asean financial powerhouse,” Akita added.

The partnership is set to offer various loan products that cater to the personal and small business needs of the Filipino market.

Dusit sets up Vice Room for virtual conferences at all its hotels, resorts #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

Dusit sets up Vice Room for virtual conferences at all its hotels, resorts

Oct 20. 2020From left: Chatupol Sitichai, CEO of The Pixel One Production, Suphajee Suthumpun, Dusit International Group CEO and Puripan Bunnag, director, executive and legal affairs, TCEBFrom left: Chatupol Sitichai, CEO of The Pixel One Production, Suphajee Suthumpun, Dusit International Group CEO and Puripan Bunnag, director, executive and legal affairs, TCEB 

By The Nation

Dusit International, one of Thailand’s top hotel and property development firms, is teaming up with Bangkok-based event management company, Pixel One Production, to offer virtual and hybrid meeting services at all Dusit hotels and resorts nationwide.

Dubbed Vice Room (Virtual Interactive Conference Experience), the service will see meeting rooms in Dusit hotels and resorts transformed into high-end recording, live-streaming and presentation studios for worldwide linkups.

A multi-screen video wall allows for real-time interaction with remote participants, while a green screen backdrop can be incorporated for high-definition virtual backgrounds. Dedicated professional event specialists are also on hand to ensure swift, seamless connectivity.

Officially introduced recently at an event held in Dusit Thani Hua Hin for travel industry specialists and representatives from the Tourism Authority of Thailand (TAT) and the Thailand Convention and Exhibition Bureau (TCEB), the Vice Room showed how virtual meetings can be held safely, sustainably and economically in the new normal.

Dusit Group’s CEO Suphajee Suthumpun said these meeting models will be essential for stimulating Thailand’s meetings, incentives, conferences and exhibitions (MICE) industry in a post-Covid world.

Grab goes electric with e-motorcycle partnership #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

Grab goes electric with e-motorcycle partnership

Oct 20. 2020

By The Nation

Grab has partnered with SWAG EV to launch “Grab Green Wheels X SWAG”, boosting the use of electric motorcycles in its food delivery service.

The scheme aims to reduce annual carbon emissions by over 100 tonnes by providing 50 electric motorbikes to GrabFood delivery-partners in Bangkok and its vicinity for one year.

Each delivery-partner will receive one SWAG EV Type X motorcycle with two batteries, with a driving range of 70 kilometres per charge (140 kilometres in total), a charging time of 2 hours 35 minutes, and maximum speed of 63 kilometres per hour.

ADB, BGRIM reaffirm long-term partnership with green loan for Vietnam’s largest solar venture #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

ADB, BGRIM reaffirm long-term partnership with green loan for Vietnam’s largest solar venture

Oct 20. 2020

By THE NATION

B Grimm Power Plc (BGRIM), Thailand’s leading industrial power producer, has signed a US$186-million syndicated loan with a group of lenders, including Asian Development Bank (ADB), to support the largest solar farm project in Vietnam.

The syndicated financing for the 257-megawatt (MW) solar power scheme in Vietnam’s Phu Yen province represents the first green loan in Asia and the Pacific to be certified by the Climate Bonds Initiative, part of an independent global environmental movement.

The financing has in particular further cemented the long-term partnership between BGRIM and ADB which is one of the major financiers of the Phu Yen scheme.

ADB has extended $27.9 million to Phu Yen TTP Joint Stock Co, the sponsor of the solar power project in which BGRIM has an 80 per cent stake and Truong Thanh Viet Nam Group Joint Stock Company (TTVN), which holds a 20 per cent interest.

The group of commercial banks, which agreed to provide a total of $148.8 million to the project includes Bangkok Bank, Kasikornbank, Kiatnakin Bank, Industrial and Commercial Bank of China from China and Standard Chartered Bank.

The other lender is the Leading Asia’s Private Infrastructure Fund, which contributed $9.3 million.

BGRIM chairman Harald Link said the loan accord marks another successful milestone of the company.

The Phu Yet solar farm has already started supplying electricity to the Electricity of Vietnam under a 20-year contract at a feed-in-tariff of 9.35 US cents per kilowatt-hour.

That means the project has begun to generate revenue to BGRIM and its Vietnamese partner.

The Phu Yen project serves as a catalyst to promote the use of renewable energy in the socialist republic as well as drive the country’s economic growth, said Link.

Preeyanart Soontornwata, chief executive officer of BGRIM, said the green loan showed the company has once again pioneered a new form of financial innovation that focuses on the development of clean energy.

BGRIM had earlier launched Thailand’s first green bond issue in association with ADB.

Jackie B Surtani, infrastructure finance division director for East Asia, Southeast Asia, and the Pacific at ADB’s private sector operations department, said: “ADB is committed to supporting BGRIM, one of our most valued clients, with its long-term expansion into Vietnam and its important work in renewable energy. We’re also excited to work for the first time with TTVN.

This project will support the rapid development of solar power capacity in Vietnam, advance the country’s low-carbon growth goals, and, we hope, catalyse further commercial bank financing for renewable energy.”

The Phu Yen solar energy project is the largest in Vietnam and one of the largest power plants in Southeast Asia.

The facility will save 123,000 tonnes of carbon dioxide per year and the power plant will support the electricity needs of Quang Ngai and Nha Trang as well as the surrounding areas in the region, one of Vietnam’s major tourism hubs.