CARS24 Thailand appoints Scott Minteer new AVP Marketing

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https://www.nationthailand.com/pr-news/business/40014974


(PR news) CARS24 Group (Thailand) Co, Ltd or CARS24, Asia’s fastest growing and leading e-commerce platform for pre-owned vehicles, announced the appointment of Mr. Scott Minteer as a new Assistant Vice President Marketing of CARS24 Thailand’s marketing team.

CARS24 Thailand appoints Scott Minteer new AVP Marketing

Mr. Scott Minteer will be responsible for driving online and offline demand creation, helping Cars24 achieve its ambition as the no.1 used car buying platform in Thailand.

CARS24 Thailand has an ambitious goal to level up the used car buying experience and ecosystem in Thailand through a comprehensive marketing, demand creation and demand harvesting solutions to maximise brand awareness and engagement with target customers. The company focuses on delivering a great car buying experience every time and for all while building trust in CARS24 best quality and best value offer.

Mr. Scott Minteer has solid and extensive experiences in e-commerce and digitization across various business segments. He worked for several leading corporations like Central Group, Agoda, Bumrungrad International Hospital and Mindshare media agency. His well-established experience both in Thailand and abroad has been leveraged to elevate e-commerce business performances in multiple segments such as retail, tourism, and digital media agencies. The company is confident that Scott Minteer will play an integral part in how CARS24 will revolutionise the way pre-owned cars are bought and sold in Thailand.

CARS24 is an e-commerce platform for pre-owned vehicles and the most advocated online used car marketplace among users and motorists. All car models listed on the platform are certified, 100% owned by the company and passed a rigorous quality inspection process by car experts with car quality warranty provided. Interested customers can download the CARS24 application today at the App Store and Google Play Store by clicking https://apple.co/36P0qWb 

For more information, visit https://bit.ly/3sRR4QG or stay updated with the latest news on www.facebook.com/cars24th
 

Published : April 27, 2022

By : THE NATION

Thailand’s ‘coffee king’ to build THB5-billion sports complex as social service

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https://www.nationthailand.com/business/40014980


The chairman of PM Group, Prayudh Mahagitsiri, who is known as Thailand’s “coffee king”, plans to build a THB5-billion sports complex in Bangkok as a new landmark for social services, his PR officer said.

Thailand’s 'coffee king' to build THB5-billion sports complex as social service

Sorakrit Wannalak, an adviser and CSR public relations officer of PM 80 Co Ltd, said the sports complex will meet international standards. He said PM Group does not aim to to make money from the complex but is undertaking it as a social service project.

PM 80 is a subsidiary of PM Group, which also owns Quality Coffee Products Co Ltd, a joint venture with Nestlé.

Sorakrit said the new sports complex will be built near the Bhoman Khunaram Temple in Bangkok’s Yannawa district.

The complex will have facilities for holding international competitions in tennis, badminton, snooker, table tennis and golf. There will also be a library, a Buddhist meditation room and an exhibition room, Sorakrit added.Thailand’s 'coffee king' to build THB5-billion sports complex as social service

“The goal of the complex is to attract youths to be interested in sports and to learn more about the society,” Sorakrit said.

“Since the project will be located near Bhoman Temple, Gen Y and Gen Alpha children will get a chance to be closer to dhamma.”

He said the project is in being designed after which approval will be sought from concerned authorities.

Thailand’s 'coffee king' to build THB5-billion sports complex as social service“We hope that a good CSR project, which is useful for Thai youths and foreigners and the society and the country, will happen in the near future. We hope to get it done within 2024,” Sorakrit said.

Prayudh, a busines mogul, has carried out several types of businesses, including property, oil rigging, and marine line operations. Now, he is focusing on making nutrition supplementary products under the P80 brand, which are mostly Thai herbal drinks.

Prayudh’s joint venture with Nestlé is credited with bringing Nescafe instant coffee to Thailand, giving him the name “Coffee king of Thailand”.Thailand’s 'coffee king' to build THB5-billion sports complex as social service

Published : April 27, 2022

By : THE NATION

New NBTC board sets three-point plan to consider planned True-DTAC merger #SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.


The five new members of the National Broadcasting and Telecommunications Commission (NBTC) announced three measures to consider the planned merger of two leading telecom operators at a first meeting on Wednesday.

New NBTC board sets three-point plan to consider planned True-DTAC merger

NBTC Office acting secretary-general Trairat Wiriyasirikul said the meeting was the ninth one held by the commission this year.

The five new members were royally endorsed on April 13 and their names were published in the Royal Gazette a day later.

The meeting, which was chaired by NBTC chairman Sarana Boonbaichaiyapruck, resolved to approve a road map for consideration of the planned amalgamation of True Corporation and Total Access Communication (DTAC).

True and DTAC’s shareholders okayed the plan, which was then submitted to the NBTC for approval on January 25.

Academics and consumer protection groups have called on the previous NBTC to wait for the new board to consider the deal.

As a first measure, the meeting resolved to set up four panels to consider the issue, Trairat said. The four panels are the subcommittee on legal affairs, the subcommittee on consumer protection and people’s rights, the subcommittee on technologies and the subcommittee on the economic impact from the merger.

Under a second measure, the NBTC agreed to organise a focus group to hear opinions from businesses and industries which are related to the planned merger, academics and the general public.

A third measure will see the NBTC assign its working panels and advisory committees both in the country and abroad to study possible impacts of the merger, Trairat said.

He did not detail the time frame of the three measures but said the commission would get the studies done as soon as possible.

“The NBTC will carefully and comprehensively study the merger plan and it will allow public participation in the study,” Trairat vowed.

“It will also study legal technicalities and both negative and positive impacts by taking into account the interest of the public and the telecom industry. So, all sides should have confidence [in the NBTC’s decision],” Trairat added.

Published : April 27, 2022

By : THE NATION

House panel urges Prayut to block True-DTAC merger

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https://www.nationthailand.com/business/40014975


A special House committee has asked Prime Minister Prayut Chan-o-cha to put the brakes on the planned merger of telecom operators True Corporation and Total Access Communication (DTAC).

House panel urges Prayut to block True-DTAC merger

Anudit Nakhonthap, chairman of the ad hoc House panel considering the possible impacts from the True-DTAC merger, sent a letter dated April 20 to Prayut, asking him to indefinitely suspend the planned merger.

Anudit said in the letter that Prayut, as the chief executive of the country, should ask the National Broadcasting and Telecommunications Commission to indefinitely postpone approval for the merger until the NBTC comes up with clear-cut measures on how to protect the country and people’s interests that may be affected by the merger.

True and DTAC’s shareholders have approved the merger plan and the plan has been submitted to the NBTC for approval since January 25.

The House panel and several consumers protection organisations have voiced opposition to the merger, fearing the deal would lead to a duopoly in the telecom industry at the cost of consumers. They expressed fear that the new firm after the merger, and Advanced Info Service (AIS), the largest mobile phone operator by subscriber base, would somehow collude to increase service fees and hurt customers.

Anudit’s letter pointed out that the NBTC has the authority to block the merger in line with the Constitution of Thailand BE 2560 (2017).

The letter cited Section 60 of the charter that requires the government to protect telecom bandwidth for use for the sake of national and public interest.

“The State shall maintain the frequencies and the right to access a satellite orbit, which are national treasures, in order to utilise them for the benefit of the country and the people.

“The arrangement for utilisation of the frequencies under paragraph one, regardless of whether it is for radio broadcasting, television broadcasting and telecommunications or for any other purposes, shall be for the greatest benefit of the people, security of the State, and public interest as well as the participation of the people in the utilisation of frequency, as provided by law.

“The State shall establish a State organisation which is independent in performing duties to be responsible and supervise the undertakings in relation to frequencies under paragraph two. In this regard, such organisation shall ensure that there are measures to prevent unfair consumer exploitation or imposition of unnecessary burden on consumers, to prevent the interference of frequencies, as well as to prevent an act which results in obstructing the liberty of the people to know or preventing the people from knowing true and accurate data or information, and to prevent any person or any group of person from utilising the frequencies without considering the rights of general public,” the letter quoted Section 60 as saying.

The letter also quoted the first paragraph of Section 75 of the charter as saying that the government has to prevent monopoly in business practices.

“The State should organise an economic system which provides opportunities for the people to all together benefit from the economic growth in a comprehensive, fair and sustainable manner and to be self-reliant in accordance with the philosophy of sufficiency economy, should eliminate unfair economic monopoly, and should develop economic competitiveness of the people and the country.”

Earlier, an executive at True reportedly said that the NBTC would have no reasons to block the merger because the two companies have done everything right according to the telecom law.

The executive argued that several telecom mergers have taken place, so the NBTC could not pick on True and DTAC to block the merger.

Published : April 27, 2022

By : THE NATION

Hilton affirms pledge to reduce environmental, social impact of its Asia-Pacific hotels

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https://www.nationthailand.com/pr-news/business/40014970


Hilton is renewing its commitment to reducing the environmental and social impact of its hotels and operations worldwide, the hotel announced in its latest Environmental, Social and Governance report.

Hilton affirms pledge to reduce environmental, social impact of its Asia-Pacific hotels

“Across its global network, Hilton continues to considerably close the gap toward meeting key sustainability targets under its Travel with Purpose 2030 goals,” the company said in a press release.

According to Hilton, in 2021 the hotel recorded:

• 70 per cent reduction in landfill waste per square metre from its 2008 baseline (2030 goal: 50%)

• 49 per cent reduction in CO2 emissions per square metre from 2008 (2030 goal: 61%)

• 39 per cent reduction in water consumption per square metre from 2008 (2030 goal: 50%)

• More than US$1 billion of cumulative savings in energy costs since 2009, monitored through LightStay.

“In the Asia-Pacific region, Hilton focuses on driving responsible and sustainable tourism through a wide range of initiatives aimed at making a positive environmental and social impact,” it said.

Driving holistic water stewardship

Hilton roped in leading river clean-up organisation Sungai Watch to install more trash barriers in Bali, Indonesia, to lessen the impact of plastics on communities there.

In China, Hilton Ningbo Dongqian Lake’s rainwater recovery system uses ultraviolet disinfection and automatic replenishment to improve water quality.

The system recycles approximately 1,400 tonnes of rainwater each year, which is equivalent to the amount of water consumed by a family of three in one year, the hotel said.

Sustainable dining and green kitchens

In Southeast Asia, Conrad Koh Samui’s Iris Farm provides a multitude of organic herbs and vegetables for the hotel’s bars and restaurants.

The farm produces 1,300kg of food and processes 2,400kg of compostable waste per month, recycling organic resources while conserving landfill space, the press release said.

Hilton has also signed a memorandum of understanding with Seafood Legacy and Umito to procure more sustainable seafood for its hotels in Japan and South Korea.

Using smart kitchen waste treatment equipment, Hilton Shenzhen Shekou Nanhai turns kitchen waste into carbon dioxide, water and organic fertilisers.

The hotel has recycled 390 tonnes of kitchen waste and produced about 20 tonnes of organic fertiliser since last year, it said.

Reducing environmental footprint

With the return of business travel and in-person events, almost 300 of Hilton’s hotels across the Asia Pacific have rolled out the Plan It Forward offer to help businesses and event planners further reduce their environmental impact when hosting events.

For event planners who opt for a carbon neutral meeting, Hilton will offset their event’s carbon emissions as identified by its meeting impact calculator report on its LightStay platform and invest in a portfolio of high-quality carbon reduction projects with global partner South Pole, the hotel said.

Alternatively, event planners can earn double Hilton honours event planner points per US$1 spent on guest rooms, meeting rooms, etc, for qualifying events at participating hotels.

Hilton Honours Points can be donated to charity through PointWorthy, or redeemed for future events or hotel stays, among other benefits.

For its various environmental and social initiatives, Hilton was named a global sustainability leader on the Dow Jones Sustainability Indices for the fifth consecutive year, and was the only hotel company to earn Gold Class distinction in S&P Global’s Sustainability Yearbook, the press release added.

Published : April 27, 2022

By : THE NATION

Only 5.5 million tourists expected to visit Thailand this year: Krungsri Research

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https://www.nationthailand.com/business/40015004


Thailand is expected to see 5.5 million tourists this year despite the Centre for Covid-19 Situation Administration scrapping the Test & Go scheme from May, Krungsri Research said on Wednesday.

Only 5.5 million tourists expected to visit Thailand this year: Krungsri Research

It said the Russia-Ukraine war will affect tourists’ plans to visit Thailand, especially tourists from Russia and other European countries. The energy crisis due to the conflict would affect global economic recovery, it added.

“China is likely to maintain its international travel restrictions to contain the spread of Covid-19,” Krungsri Research said.

“Meanwhile, intensifying competition from other countries to grab a share of the foreign tourist market would limit the number of tourists visiting the Kingdom to 5.5 million, compared to 39.79 million before the Covid-19 pandemic,” it added.

Only 5.5 million tourists expected to visit Thailand this year: Krungsri Research

Separately, the Public Debt Management Office said the government is still able to borrow around 1.3 trillion baht before public debt hits a ceiling of 70 per cent to gross domestic product.

The office said the government would conduct a public hearing from every sector in May to draw up a plan to achieve economic recovery amid the Covid-19 situation and the Russia-Ukraine conflict.

Currently, as much as 74 billion baht is available under a 500 billion baht loan act, while the government can use 60 billion from the central budget, of which up to 40 billion has been reserved for tackling crises.

Published : April 28, 2022

By : THE NATION

Baht feels the heat from risk-averse market, gold purchases

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https://www.nationthailand.com/business/40015002


The baht opened at 34.38 to the US dollar on Thursday, after surging to close at 34.31 on Wednesday.

Baht feels the heat from risk-averse market, gold purchases

The currency is expected to move between 34.30 and 34.45 on Tuesday, Krungthai Bank market strategist Poon Panichpibool predicted.

He said the risk-averse market coupled with the Covid-19 situation in China could add more downward pressure on the baht.

The baht was also pressured by dividend transactions and gold purchases as investors bought more of the precious metal as prices headed down.

Poon expected the Thai currency to fluctuate and likely test the resistance level of 34.40 to 34.50. However, it might be supported by foreign investors purchasing Thai assets this week. If they do not offload a large amount of Thai assets, the baht will not weaken much, Poon said.

He advised businesses to use hedging tools such as options to manage risks in the highly volatile currency market.

Published : April 28, 2022

By : THE NATION

Ministry asks operators not to raise product prices

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https://www.nationthailand.com/business/40014966


The Commerce Ministry asked operators to refrain from increasing product prices so that the burden won’t fall on consumers.

Ministry asks operators not to raise product prices

Commerce Ministry Jurin Laksanawisit said on Tuesday that guidelines to control product prices must take into consideration two factors – benefits to farmers and benefits to consumers.

However, the two factors contradict each other because farmers want palm prices to be as high as possible while consumers want the palm oil price to be low.

Therefore, he said, the ministry must “manage a balance” so both sides won’t be hit hard. Meanwhile, operators must also be able to conduct business profitably.

Jurin said the palm price is currently 9 to 10 baht per kg while the ministry should push for a 700 per cent increase in exports to achieve a better price. But consumers would have to pay a higher price if the cost increases, he noted.

“The ministry must find a way for operators to be able to continue their business with not too high a profit so consumers will not have to shoulder too much of a burden from the increasing palm oil price,” he said.

“One way is to reduce profit and the cost-retail price proportion, so the Commerce Ministry has come out with a price structure.”

The ministry is therefore asking operators not to charge higher than the regulated price.

The oil palm price per bottle on Monday was 62-65 baht or 64 per bottle on average. The price according to the structure is not more than 68-69 baht.

As for the increasing animal feed costs, he instructed the ministry’s permanent secretary to meet with animal feed farmers, livestock farmers and operators as they are yet to find a conclusion.

Animal feed farmers want the corn price to be as high as possible, while livestock farmers want the price to be low so pork, chicken and eggs don’t cost more.

As for the oil price, the National Energy Policy Committee is considering measures so the impact on the public would be as low as possible.

Meanwhile, the ministry on a case-by-case basis may allow a price increase of some of the 18 products and services it had put a price cap on, so that some manufacturing processes do not come to a halt.

Ministry asks operators not to raise product prices
Ministry asks operators not to raise product prices
Ministry asks operators not to raise product prices

Published : April 27, 2022

By : THE NATION

Energy Ministry exploring more ways to subsidise diesel price

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https://www.nationthailand.com/business/40014965


The Energy Ministry has been instructed to explore more ways in which the diesel price can be subsidised, Energy Minister Supattanapong Punmeechaow announced on Tuesday.

Energy Ministry exploring more ways to subsidise diesel price

His statement came after the government said it would provide a 50 per cent subsidy on the diesel price exceeding 30 baht per litre from May 1. The present policy of capping the price at 30 baht per litre ends on April 30.

Supattanapong expected the oil fund to shell out up to 6 billion baht for the 50 per cent subsidy.

For example, if the diesel price is 40 baht per litre, the oil fund will pay 50 per cent of the extra 10 baht, so the price of each litre will be 35 baht at the pump, he explained.

Supattanapong said the Energy Ministry’s permanent secretary must check what the real diesel price is and how to reduce this price.

The permanent secretary would come up with a higher subsidy to reduce the diesel price to between 31 and 33 baht per litre, so it will not cause an impact on businesses, transport and motorists, he said.

“We will need to evaluate the situation in the next three months to get a clearer picture,” the minister pointed out.

“In the current situation, we have to check how we can allocate money, will this budget be enough and how the economy can recover,” he added.

Published : April 27, 2022

By : THE NATION

Sheraton Hua Hin Resort and Spa offers resort credit up to THB 1,000 per night

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https://www.nationthailand.com/pr-news/business/40014963


(PR News) Plan your next beach vacation at Sheraton Hua Hin Resort and Spa. The 5-star beachfront resort is conveniently located on the seafront between the traditional seaside towns of Hua Hin and Cha-am, only 2.5 hours from Bangkok.

Sheraton Hua Hin Resort and Spa offers resort credit up to THB 1,000 per night

Enjoy this summer with your loved ones and get ready to indulge in your favorite dishes at Luna restaurant in a seaside setting or unwind with a combination of aromatic massages at Shine Spa, a full-service spa. Or stay in shape with Sheraton Fitness, which has a full range of equipment. The stream room and sauna are both open every day.

Revel in the sea’s atmosphere, relax and unwind with a Sheraton Signature Bed in a spacious guest room of 49 square meters, separated bathtubs, and a shower room that makes you feel more at ease. Garden Room, with a beautiful view of the garden surrounding the resort, Lagoon View, a special guest room with a panoramic view of the lagoon style swimming pool, or Lagoon Access, the most popular room type, with easy access to the swimming pool from the balcony to enhance your experience with the good vibes surrounding the resort.

Sheraton Hua Hin Resort and Spa offers resort credit up to THB 1,000 per night
Sheraton Hua Hin Resort and Spa offers resort credit up to THB 1,000 per night

Make your own reservation now until 30 June 2022 and enjoy your stay by 30 September 2022.

Special room rates start at THB 3,230-NET per room per night and include the following perks:

–    Enjoy daily breakfast at a special price of THB 350-NET per person per meal (originally THB 750)
–    FREE daily resort credit of THB 500-NET when booking a Garden Room, THB 800-NET when booking a Lagoon View Room, or THB 1,000-NET when booking a Lagoon Access Room.

*Resort credit can only be used to pay for incidentals during your stay and cannot be saved for future reservations or combined with another promotion or discount.

Book Now: https://bit.ly/SHERATON-HUAHIN-TAKETHECREDIT

For more information, please contact 032-708 000 OR reservations.huahin@sheraton.com

The hotel determines the terms and conditions of the reservation and are subject to change without prior notice

Sheraton Hua Hin Resort and Spa offers resort credit up to THB 1,000 per night
Sheraton Hua Hin Resort and Spa offers resort credit up to THB 1,000 per night

Published : April 27, 2022

By : THE NATION