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ONESIAM celebrates Lunar New Year with “ONESIAM Golden Prosperous Chinese New Year 2023”

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ONESIAM celebrates Lunar New Year with "ONESIAM Golden Prosperous Chinese New Year 2023"

ONESIAM celebrates Lunar New Year with “ONESIAM Golden Prosperous Chinese New Year 2023”

WEDNESDAY, JANUARY 11, 2023

Starting the Year of Rabbit off with series of enticing shopper campaigns

ONESIAM, a synergy of global destinations in the heart of Bangkok – including Siam Paragon, Siam Center, and Siam Discovery, kicks off the year of Golden Rabbit with series of enticing shopper campaigns. ONESIAM Golden Prosperous Chinese New Year 2023 campaign will run from 18 January to 19 February 2023, with the goal to boost public spending and stimulate in the economy. The campaign features series of events, as well as magnificent Chinese New Year decorations to welcome local shoppers and international visitors. Initiatives to welcome Chinese tourists is also in the works. The Lunar New Year celebration will be under health safety standard. 

Mrs Saruntorn Asaves, Head of Shopping Center Business Division, Siam Piwat Co., Ltd., said “The retail and shopping center industries are off to a fantastic start in the first quarter of 2023. Factors boosting the business include China loosening regulations, which have drawn Chinese visitors to Thailand since the beginning of this year, and increasing numbers of Chinese tourist are expected. Furthermore, the Chinese New Year, an important event that generate high spending, is in January this year, while February is Valentine’s Day festival; the consumer mood is likely to be more vibrant than in the past three years during the COVID scenario. The government’s Shop Dee Mee Kuen (shopping with refunds) initiative between January 1 and February 15 this year will also help boost spending and circulate in the economy. ONESIAM has in store a full-fledged marketing promotions activities and events, with a budget of more than 500 million baht for the first quarter of 2023.”

ONESIAM celebrates Lunar New Year with "ONESIAM Golden Prosperous Chinese New Year 2023"

For this coming Chinese New Year, ONESIAM including Siam Paragon, Siam Center, and Siam Discovery, has created a campaign ONESIAM Golden Prosperous Chinese New Year 2023 to welcome Thai shoppers, Thai people of Chinese descent, and tourists from around the world. It comprises a big Chinese New Year celebration to honor the Year of the Golden Rabbit, as well as attractive deals from participating brands to bring joy to everyone in the family. 

Several Chinese New Year deals await, for shopping or dining at ONESIAM including Siam Paragon, Siam Center, or Siam Discovery between 18 January to 19 February 2023. Under “Golden Prosperous Chinese New Year 2023,” simply shop to receive VIZ Coins and gifts worth more than 5 million baht. Shoppers at Siam Paragon may earn up to 500 VIZ Coins, Siam Discovery can earn up to 400 VIZ Coins, and Siam Center can earn up to 200 VIZ Coins. 

During the campaign, shoppers will also enjoy 16% cash back from participating credit cards, promotions from participating restaurants, special Lunar New Year menus, special-price dishes or complimentary menus. Specially on 20-22 January 2023, for “Lucky Day Lucky Deal Chinese New Year 2023” shoppers at Siam Paragon may earn up to 1,000 VIZ Coins and get a 1,000-baht gift voucher and shoppers at Siam Center and Siam Discovery can receive up to 500 VIZ Coins. Terms and conditions apply.

ONESIAM celebrates Lunar New Year with "ONESIAM Golden Prosperous Chinese New Year 2023"

Mrs Thanaporn Tantiyanon, Head of Business Unit, of Siam Paragon Development Co., Ltd., said, “Chinese New Year has always been a grand celebration at Siam Paragon and this year is no exception.   We are hosting a series of celebrations under the theme of “The Grand Celebration of Golden Prosperity” including a spectacular Chinese dance performance called ‘Zhi Ci Qing Lu’ (Indigo Green Mountain), which tells a story of is one of the top ten Chinese painting masterpieces, ‘Qian Li Jiang Shan Tu’ (The View of Mountains and Thousand Miles River). This show emanates stunning elegance with its delicate dance poses as if dancers from the Song Dynasty has reemerged before the eyes. There is also a magnificent lion and dragon dance performance. Additional highlights include a gathering of Thailand’s and Chinese top celebrities and artists between 20-22 January 2023. Siam Paragon has also beautifully decorated with the Golden Rabbit installation artwork. The golden bunny denotes life and energy, and believed to bring success, wealth, happiness and joy.”

Siam Center The Ideaopolis will be packed with inspiring Chinese New Year celebration. Featured is graffiti street-style art decoration by famed artist Chanida Voraphitak of Cuscus the Cuckoos. Siam Center’s Idea Avenue will feature an instagrammable art decoration as well as activities that visitors can celebrate Chinese New Year in style. Siam Discovery The Exploratorium will indulge shoppers with the latest Spring/Summer 2023 collections from selected popular brands across the world.

ONESIAM celebrates Lunar New Year with "ONESIAM Golden Prosperous Chinese New Year 2023"

All participating ONESIAM shopping malls have introduced a special promotion called “Shop Dee Mee Kuen, Shop Ploen Gern Kum” (Shopping with refunds: The more you shop, the more you save!) from today and February 15, 2023 for Thai customers who want to enjoy the benefits of the government’s Shop Dee Mee Kuen scheme. Simply present a full  tax invoice of 10,000 baht or more spending and get 800 VIZ Coins (Siam Paragon limits 800 prizes, Siam Center limits 400 prizes and Siam Discovery limits 400 prizes throughout the campaign). 1 VIZ Coin is worth 1 baht and can be used at participating shop in ONESIAM or through the ONESIAM SuperApp. For more information, please contact the redemption counters.

Celebrate the Chinese New Year of the Golden Rabbit, be a part to stimulate the economy and enjoy value for money promotion with the ONESIAM Golden Prosperous Chinese New Year 2023 campaign, between 18 January to 19 February 2023 at Siam Paragon, Siam Center and Siam Discovery. Call 02-610-8000 for additional details.

Asia Pacific ahead of the curve in using data, AI, analytics in healthcare: Philips report

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Asia Pacific ahead of the curve in using data, AI, analytics in healthcare: Philips report

Asia Pacific ahead of the curve in using data, AI, analytics in healthcare: Philips report

TUESDAY, JANUARY 10, 2023

Nongluck Ajanapanya

Healthcare leaders throughout the Asia Pacific (Apac) region are looking to data and predictive technologies as the foundations of their future healthcare systems, the Philips Future Health Index (FHI) 2022 report revealed.

The report outlined data and staffing challenges for healthcare in Apac, as the region’s sector will lead the charge for data, AI, and predictive analytics.

The seventh FHI report, under the theme “Healthcare hits reset: Priorities shift as healthcare leaders navigate a changed world”, was prepared by Royal Philips, a global leader in health technology.

The findings of the report, which were released on Tuesday, look at how healthcare leaders are leveraging the power of data and digital technology to address the pandemic’s key challenges.

The report is based on proprietary research conducted in 15 countries, including Singapore, Australia, Indonesia, and Thailand, with nearly 3,000 respondents.

One finding in the report suggests that there are significant challenges in realising this goal.

Caroline Clarke, CEO and executive vice president of Philips Asean Pacific, said during the report’s release that after a tough two years, the FHI 2022 report showed Apac’s healthcare leaders were ahead of the curve when it came to championing the potential of data, AI, and predictive analytics technology.

“Ultimately, the value of data and technology is only as strong as the human experience it supports, and it’s vital that our approach to digital transformation is centred around people,” she explained. “To that end, breaking down data silos and supporting staff training and education is critical to ensuring that these ambitions, including improving staff retention, can be accomplished and the region’s desired health outcomes are achieved.”

According to the report, Apac’s healthcare leaders are global leaders in recognising the value of data to their organisations.

Asia Pacific ahead of the curve in using data, AI, analytics in healthcare: Philips report

It reveals that 82% of leaders agree the value of data to their facility is worth the time and resources invested, putting them on par with the US and significantly ahead of the global and European averages of 65% and 60%, respectively.

Notably, Singapore’s healthcare system outperforms other global counterparts (65%) in terms of data value (91%), with Indonesia (82%) and Australia (75%) also placing a premium on it.

Meanwhile, confidence in data usage is high in Apac, with the majority of healthcare leaders reporting that they can extract actionable insights from available data (85%), have access to the necessary technology to use data (84%), and believe in the high level of data accuracy in their facilities (82%).

The Apac countries are also in agreement on the importance of investing in AI and predictive analytics over the next three years.

According to the findings, 55% of Apac healthcare leaders are already investing heavily in AI, and 82% believe it will become a top investment area within the next three years.

When it comes to how they intend to use AI, clinical decision support is the top investment priority (35%). In terms of priorities, using AI to predict outcomes (34%), and integrating diagnostics (33%), are close behind.

However, significant areas of improvement remain in realising the ambition of using data, AI and predictive analytics as key enablers of future healthcare systems, the report said.

While recognition of the value of data and its importance in clinical decision support is widespread in Apac, current knowledge and awareness of how to use data to inform decision-making is still lacking and widely disparate, the report stated.

Data silos are cited as a barrier to effective data use by 73% of Apac healthcare leaders, far exceeding the global average of 51%.

Other significant barriers include technical infrastructure limitations (23%), data privacy and security concerns (21%), data policy and regulations (21%), staff resistance to using upgraded or more advanced technologies (20%), a lack of clarity on legal liability (20%), and difficulties managing large amounts of data (20%).

Meanwhile, in Apac, workforce resistance, skill and knowledge gaps are cited as major barriers to data utilisation. According to the report, 74% of the region’s healthcare leaders are overwhelmed by the volume of data available today, which is significantly higher than the global average of 55%.

One-fifth of those polled believe that staff training and education are some of the best ways to help their facility do more with data.

Respondents also mentioned that collaborating with other ecosystem players could be one way to address some of these issues.

Another interesting finding from the report is that extending care delivery beyond existing facilities remains a priority for healthcare leaders in Apac today and in the future.

Realising this shift, 45% of Apac healthcare leaders and 49% of Asean healthcare leaders are currently investing heavily in telehealth. Remote patient monitoring solutions are also being considered as a viable option for expanding access to care beyond existing facilities.

At least 19% of Apac leaders and 21% of Asean leaders say investing in them is a top priority right now, and 26% say it will become even more important in the near future.

Asia Pacific ahead of the curve in using data, AI, analytics in healthcare: Philips report

Royal Philips said it valued Thailand’s efforts to improve its healthcare system through advanced technology.

Thailand, according to Clarke, is yet another country that recognises the importance of artificial intelligence technology, which has been widely discussed since 2019.

AI development is being considered as part of national development strategies, and it has been implemented as part of Thailand’s medical system services, she said.

She praised the Thai Public Health Ministry’s proposed agenda, “The Future of Thailand towards Holistic Wellness Care and Advanced Health Promotion 2023-2027”, as part of the 13th National Economic and Social Development Plan.

This strategy focuses on artificial intelligence, health prediction, and digital technology as essential elements for healthcare facilities and advanced health promotion. It aims to improve healthcare system capability and people’s access to care through accurate health technology.

In addition, the government has set the goal of converting hospitals and healthcare facilities into Smart Hospitals in order to reduce staff workload and improve patient experiences.

According to Thailand’s Ministry of Public Health, by the fourth quarter of 2021, more than 45% of healthcare units in Thailand had already been converted into smart hospitals.

Although much progress has been made since then, the FHI report suggests that more conditions, particularly skilled labour training, must be created in Thailand and other Apac countries in order to achieve the goal.

Philips has conducted original research since 2016 to assist countries in determining their readiness to address global health challenges and build efficient and effective health systems, the company said.

Nongluck Ajanapanya

Bloomberg includes AOT in its list of 50 companies to watch

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Bloomberg includes AOT in its list of 50 companies to watch

Bloomberg includes AOT in its list of 50 companies to watch

TUESDAY, JANUARY 10, 2023

Airports of Thailand (AOT) is among 50 companies investors have been advised to watch this year as its revenue may miss consensus expectations by about 15%.

A Bloomberg Intelligence (BI) report published on Sunday said that these 50 companies require a closer look as they could benefit or be affected by several factors, such as inflation, the Russia-Ukraine war or challenges in the tech supply chain.

“A rebound in the airport operator’s retail and duty-free sales could be undermined by shifts in the mix of visitors and spending patterns, causing revenue to miss consensus expectations by about 15%,” BI analyst Denise Wong said.

Wong also expects Southeast Asian tourists to spend less due to inflation, resulting in an impact on AOT’s revenue from retail.

“Retail concession revenue will likely lag passenger volume even when historically higher-spending Chinese visitors return to destinations such as Bangkok, Chiang Mai and Phuket,” Wong added.

According to data provided to the Stock Exchange of Thailand, AOT recorded a net loss of 11.09 billion baht in the 2022 fiscal year ending on September 30. However, AOT said that its earnings have taken an upward trend because flights and passengers are returning now that the country has fully reopened.

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Three firms approved for bidding in Sunday’s satellite auction

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Three firms approved for bidding in Sunday’s satellite auction

Three firms approved for bidding in Sunday’s satellite auction

WEDNESDAY, JANUARY 11, 2023

The National Broadcasting and Telecommunications Commission has given the green light for three companies to bid in Sunday’s auction for satellite orbital slots, a commission member said on Wednesday.

Commissioner Thanapant Raicharoen said the telecom watchdog on Tuesday reviewed the qualifications of the three firms that had submitted bidding documents and gave them approval to bid in the auction.

The three companies are Space Tech Innovation, a subsidiary of satellite service provider Thaicom, Prompt Technical Services, a company registered in 2000 as an electrical installation service firm, and state-run National Telecom.

Approval was granted based on the qualifications, experience and financial capacity of the companies, Thanapant said.

The commission said the five satellite slot packages to be offered for leasing by Thailand are:

● Package 1: 50.5 degrees East slot with C1, N1 and P1R networks and 51 degrees East with 51 network. Bidding starts at 374 million baht.

● Package 2: 78.5 degrees East with A2B and LSX2R networks. Bidding starts at 360 million baht.

● Package 3: 119.5 degrees East with IP1, P3 and LSX3R networks and 120 degrees East with 120E network. Bidding starts at 397 million baht.

● Package 4: 126 degrees East with 126E network. Bidding starts at 8 million baht.

● Package 5: 142 degrees East with G3K and N5 networks. Bidding starts at 189 million baht.

Packages 2, 3, and 4 will likely draw the most interest and the commission expects to raise more than 800 million baht from auctioning them, Thanapant said.

He said the bidding will be completely transparent. The auction will follow the sequential ascending clock system, he said, adding that it gives bidders in each round 20 minutes to decide whether or not to raise their price – by as much as 5% of the minimum bid price.

None of the three firms will have advanced knowledge of how many packages their competitors are bidding for. The commission will determine the order in which the packages are offered on Sunday to prevent collusion and ensure transparency and fairness.

The commission cannot cancel the bidding and hand over the orbital slots to the National Telecom as the labour union of the state enterprise has demanded, Thanapant said, adding that the money raised from the bidding is state revenue and will be given to the Finance Ministry after costs are deducted.

The commission is legally required to ensure that the state receives the most money possible from auctions for access to the orbital slots.

If the auction is cancelled, the International Telecommunication Union may use it as a reason to take back the orbital slots from Thailand, Thanapant said.

Banpu NEXT continues to provide solar power to electricity-deprived schools

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Banpu NEXT continues to provide solar power to electricity-deprived schools

Banpu NEXT continues to provide solar power to electricity-deprived schools

WEDNESDAY, JANUARY 11, 2023

With a belief that “Learning is the Power of Change and Development”, Banpu NEXT is making continuous progress in its “Light & Learn” project by bringing solar power systems to electricity-deprived schools in remote areas to help light up learning opportunities and benefit the children.

Most recently, the company took its employees on a field visit to join forces with highland teaching volunteers on the solar power system and storage battery installation for Ban Po Por Kee HACLC in Tak Province and hold edutainment activities for the children, which creatively taught them to appreciate nature and clean energy.

Over the past five years, it has already installed solar power systems for 73 schools in Tak, Mae Hong Son, and Kanchanaburi Provinces.

Banpu NEXT continues to provide solar power to electricity-deprived schools

Sinon Vongkusolkit, Chief Executive Officer of Banpu NEXT, said, “During five years of Banpu NEXT’s Light & Learn project implementation, we installed solar power systems for a growing number of electricity-deprived schools in remote areas because we believe that light is empowerment for education. It brings sustainable benefits to Thai children and teachers in various aspects: 1) in terms of learning, it broadens the kids’ experiences for Thai language skills development and creativity; 2) in teaching, it enables the teachers to utilize a greater variety of learning media and keep abreast of the modern world; 3) on quality of living, it allows a more convenient life; 4) on the environmental front, using electricity from a clean energy source and playing their part in system maintenance will build the kids’ awareness of clean energy; and 5) mental well-being improves as it brings joy to children, giving them smiles and dreams to pursue as they learn from various learning media.”

To neutralize distance and deprivation that used to be learning barriers for the children, Banpu NEXT is making a change and helping them upgrade their learning. The company has already introduced solar power systems to 73 electricity-deprived schools in remote areas with more than 73,000 watts of installed capacity all combined, which benefits over 2,400 children altogether.

The company also provided satellite dishes and TV sets to enable their access to distance learning media, plus many other learning materials and necessities. Of these, Banpu NEXT installed solar power systems complete with storage batteries for 37 Mae Fah Luang HACLCs in 2017 and 2018; 15 schools within the precinct of Mobile Development Unit 36 under the 3rd Regional Development Office, Armed Forces Development Command in Mae Hong Son in 2019; and 15 schools in Kanchanaburi in 2021.

Most recently, it continued with the installation of five schools in Tak Province’s Tha Song Yang District and also took its employees there to, together with highland teaching volunteers, hold nature and solar energy learning activities for children of Ban Po Por Kee HACLC.

Focusing on giving the children a hands-on experience and promoting their creativity, a natural tie-dry fabric and paper mask-making workshop let them use natural materials to make a mask in their individual styles. Other activities include home-grown vegetable planting, educational solar power storytelling, charity lunch, and gift giveaway to the children.

Banpu NEXT continues to provide solar power to electricity-deprived schools

Uthairath Sangprachan, Director of Tha Song Yang District Office of the Non-Formal and Informal Education (NFE), commented, “Ban Po Por Kee HACLC is located in a backcountry area. The kids who come to class here are from a Thai highlander community. They normally use their own dialect and cannot speak Thai, resulting in difficulty both in general communication and education. We appreciate the support of Banpu NEXT for lighting up this learning centre with solar power and provisioning TV sets and learning media. They will build an infinite learning opportunity, giving our kids more fun learning from quality audiovisual media that will help them practice speaking Thai with faster results. People in the community can also come here to watch news and entertainment. I believe that the ‘light’ and these media will give the children and the community a better quality of life.”

Banpu NEXT continues to provide solar power to electricity-deprived schools

Thanawit Wiengkawee, a grade-6 student at Ban Po Por Kee HACLC, shared his joy that the learning centre would have the power supply for learning and other activities: “I will be able to watch news and movies. I will be able to sing and fully practice my Thai language. Moreover, people from Banpu NEXT also taught us how to use and take care of solar power systems to ensure that we will have electric power to use for a long, long time.” 

“There are still so many schools out there in remote areas that have no access to electricity. Therefore, Banpu NEXT will keep this project running because electricity is a basic need for education and a decent quality of life. We hope to help the children grow into competent adults and use their knowledge for future development of themselves, their communities, and the nation,” Sinon concluded.

Finance Ministry extends relief for state banks to ease loan fears

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Finance Ministry extends relief for state banks to ease loan fears

Finance Ministry extends relief for state banks to ease loan fears

TUESDAY, JANUARY 10, 2023

Four state banks will get another year of relief on contributions to the Specialised Financial Institutions Development Fund (SFIF), a Finance Ministry source said on Monday.

Approval to extend the reduction in contributions from 0.25% to 0.125% of total deposits to the end of 2023 was granted at a meeting of fund committees chaired by Finance permanent secretary Krisada Chinavicharana on Monday.

The extension covers the Government Savings Bank, Bank for Agriculture and Agricultural Cooperatives, Government Housing Bank, and Islamic Bank of Thailand.

The SFIF is used to reduce the banks’ non-performing loans (NPLs) and relieve financial burdens on bank customers who are unable to make repayments. To be granted SFIF aid, customers must meet Fiscal Policy Office criteria aimed at identifying those most in need.

The extension will be sent to Cabinet for final approval soon.

Chatchai Sirilai, president of the Government Housing Bank and the Government Financial Institutions Association, said the reduction of SFIF contributions coupled with other Finance Ministry measures would enable banks to suppress interest rates to help customers pay back their debts.

Customers of state-run banks could be rest assured they would not suffer sharp hikes of reference interest rates such as MLR, MOR and MRR by 0.4% at a time, as with commercial banks, he said.

“State-run banks will only raise interest rates in line with market conditions and will try to minimise the impact on customers.”

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Carabao Group joins SET’s 2022 THSI list for the Pursuit of Sustainability

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Carabao Group joins SET's 2022 THSI list for the Pursuit of Sustainability

Carabao Group joins SET’s 2022 THSI list for the Pursuit of Sustainability

TUESDAY, JANUARY 10, 2023

October 10, 2022, the Stock Exchange of Thailand has announced the list of sustainable stocks or Thailand Sustainability Investment (THSI) for 2022, with more than 170 companies selected from a total of 8 industry groups, with Carabao Group listed in the Thailand Sustainability Investment (THSI) group for the first year in Agriculture and Food Industry (ARGO).

Selection of the list of sustainable stocks or Thailand Sustainability Investment (THSI) of the Stock Exchange of Thailand held annually by assessing each sustainability criteria of the listed companies according to the economic (including corporate governance), social and environmental dimensions through a prepared questionnaire and selecting companies that pass the criteria to be announced as a sustainable stock or Thailand Sustainability Investment (THSI). This reflects that the companies that have been selected recognize the importance of sustainability in their business operations. This is a mechanism that promotes and supports businesses operating in an environmentally friendly manner creating shared benefits for the community and society as well as shared value in the economy.

Mr. Sathien Sathientham, Chief Executive Officer of Carabao Group Public Company Limited, revealed that “The company is very pleased to be selected into the Stock Exchange of Thailand’s sustainable stock list. Currently, the concept of doing business not only considering the highest return to shareholders, but also showing social and environmental responsibility on the basis of sustainability. This is a guideline that has been accepted more and more continually to create long-term value by considering the needs of stakeholders and society.”

“Being selected as one of the sustainable stocks serves as another important milestone that helps build investors and stakeholders’ trust in investing in our company according to the concept of sustainable investment considering Environment, Social, Governance (ESG) factors as an investment decision-making criterion along with the analysis of the company’s financial information to generate continuous returns for the longer term,” said Mr. Sathien.

A list of all sustainable stocks selected this year was outcome from the companies participating in the sustainability assessment questionnaire consisting of 17 criteria of general questions from economic (including corporate governance), social and environmental dimensions as well as questions according to the nature of the business in each industry group in 12 categories, such as water-related risks, product stewardship, biodiversity, and etc.

Companies that have been selected to be in the list of sustainable stocks must have a passing score of 50% in each ESG dimension or being selected as a member of the Dow Jones Sustainability Indices (DJSI) according to the year in which the sustainability assessment results are announced. The assessment is conducted by the Sustainable Investment Working Group to ensure transparency throughout the process. A list of sustainable stocks can be viewed at www.setsustainability.com

In addition to the mentioned achievements, Carabao Group has been certified as the Carbon Footprint for Organization 2021 from Thailand Greenhouse Gas Management Organization (Public Organization) with the certificate number TGO CFO FY22-152. The company has disclosed the environmental information and greenhouse gas reporting through publicly disclosed channels and the accuracy of the information has been verified by external accredited verifier demonstrating our transparency and commitment to operating business that creates the least impact on the environment.

Carabao Group also would like to announce that it has furthered its commitment to environmental transparency by disclosing its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform. The company has disclosed through CDP since 2022 for the first year and completed CDP’s Climate Change questionnaire.

Historic sales record completes landmark year for Rolls-Royce cars

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Historic sales record completes landmark year for Rolls-Royce cars

Historic sales record completes landmark year for Rolls-Royce cars

MONDAY, JANUARY 09, 2023

Rolls-Royce has achieved its highest-ever annual sales in 2022, delivering a total of 6,021 motor cars, up 8% on 2021, to clients in around 50 countries worldwide.

This is the first time in the company’s 118-year history that its sales have exceeded 6,000 in a single 12‑month period.

The value of Bespoke commissions also reached record levels, while demand for all Rolls‑Royce models remains exceptionally strong, with advance orders secured far into 2023.

In 2022, Rolls-Royce achieved sales growth in almost all regions, with particularly strong year-on-year growth seen in the Middle East, Asia-Pacific, the USA and Europe.

More importantly than volume alone, the value of clients’ Bespoke commissions was higher than ever before. The almost endless possibilities for Bespoke personalisation resulted in clients being willing to pay an average of around half a million Euros for their unique Rolls-Royce.

Thanks to the high value of Rolls-Royce’s unrivalled Bespoke offering and the company’s consistent focus on profitability, the marque will make a significant contribution to its principal shareholder.

Historic sales record completes landmark year for Rolls-Royce cars

The Middle East is the marque’s leading region for Bespoke commissions, with many unique creations of particularly extensive and individual personalisation.

In 2022, Rolls-Royce opened an invitation-only Private Office in Dubai, the first outside Goodwood, bringing the Home of Rolls-Royce closer to the marque’s local clients.

Further Private Offices will be introduced around the world in the coming months and years.

The Americas saw significant growth in 2022 and remains the largest single region for Rolls‑Royce, with almost all markets achieving higher sales than the previous year.

Greater China is of vital strategic importance to Rolls-Royce and is the marque’s second-largest sales region. Ongoing headwinds there led to a single-digit drop in sales compared with 2021’s record results, however, this was successfully counterbalanced by increased sales in other markets.

Despite the serious geopolitical challenges affecting Europe, the region grew overall in 2022 with record sales in several markets, including the UK and Germany. The Asia-Pacific region also achieved higher sales than ever before.

Rolls-Royce’s unprecedented success comes as, in January 2023, the company marks the 20th anniversary of the Home of Rolls-Royce at Goodwood. Its transformation – from offering a single model, Phantom, and building just one motor car a day – to today’s record figures is the result of a long-term strategy based on sustainable growth, careful management and planning, and the successful reinvention of the brand.

The past decade, in particular, has seen Rolls‑Royce consciously refine and rejuvenate its brand and product portfolio to reflect its clients’ changing requirements, tastes and demographics, while retaining its innate exclusivity and rarity.

As both a true luxury house and an innovative, engineering-led company, Rolls‑Royce represents, as it always has, the very highest levels of craftsmanship, technology, luxury and creativity.

Torsten Müller-Ötvös, Chief Executive Officer, Rolls-Royce Motor Cars, concludes, “As we mark the 20th anniversary of the Home of Rolls-Royce at Goodwood, these results confirm Rolls‑Royce Motor Cars as a great British success story. Our business is built on extremely strong foundations, and we have secured advance orders stretching far into 2023. And while we are not immune to global challenges and economic headwinds, thanks to our balanced worldwide sales strategy, we are cautiously optimistic that 2023 will be a strong year for Rolls‑Royce.

FWD introduces digital mental health solutions for customers

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FWD introduces digital mental health solutions for customers

FWD introduces digital mental health solutions for customers

MONDAY, JANUARY 09, 2023

FWD Group Holdings Limited announced on Monday the launch of the Mind Strength Support programme, a first-in-the-market platform to provide individuals with a convenient and confidential way to access digital solutions to strengthen their mental health.

Customers will have complementary and regular access to a mental health self-assessment questionnaire, after which they will find a set of follow-up options.

These include online self-help tools, unlimited text-based coaching, and virtual therapy with professionals such as counsellors and clinical psychologists.

It is available to customers who have purchased the Mind Strength protection product, which provides extensive medical coverage, from initial diagnosis to ongoing treatment, for designated mental health challenges to ease customers’ financial burdens and support them in their recovery.

The launch follows the recent release of FWD Group’s International Mental Health survey, which interviewed more than 10,000 people across 16 international markets.  

The survey found that 40% of respondents in Asia say the cost of treatment is the biggest impediment to seeking outside help for mental health care, and 76% of respondents expressed their interest in exploring insurance options to address such challenges.

In addition, people in Asia place a higher value on self-help than on seeking outside assistance, with only 34% preferring to discuss issues openly with others.

FWD introduces digital mental health solutions for customers

Joanna Chu, Group Head of Product Proposition, FWD Group, highlighted, “At FWD, we believe a holistic approach to building mental strength is needed to help our customers in all aspects of their lives. FWD’s mental health survey demonstrated a growth opportunity for digital mental health solutions across Asia. We are pleased to partner with thoughtful as it reinforces FWD’s broader commitment to making insurance more inclusive and accessible by leveraging digital health technologies.”

FWD Group has engaged ThoughtFull, an Asia focused digital mental health company, to provide FWD’s customers with seamless access to mental healthcare tools via its proprietary mobile platform, ThoughtFullChat.

FWD’s customers can proactively manage their mental wellness simply by sending a text to their matched qualified professional. Based on the individual’s personally assessed needs, customers are empowered to find their best-fit mental health professional for video therapy, daily one-on-one, bite-sized coaching via text and audio messaging, as well as to engage with dynamic science-backed content and emotional health trackers at their own pace.

Joan Low, CEO of ThoughtFull, said, “While the importance of mental health has gained greater awareness across Asia since the pandemic, it takes a leading insurer like FWD to integrate access to mental wellness solutions into their customer programmes. As a tech-enabled mental health platform, our solutions are designed to be intuitive, easy-to-use and personalised for our users’ unique needs. It is thus a privilege to be FWD’s partner to bridge the many gaps that continue to exist in the mental health ecosystem, and to be working together to make personalised mental healthcare accessible to more people.”

The programme was recently launched in Hong Kong and Thailand, with other selected FWD markets to follow in the future. 

Thai AirAsia Takes “Most On-Time Airline in Asia Pacific” Honor for 2022

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Thai AirAsia Takes “Most On-Time Airline in Asia Pacific” Honor for 2022

Thai AirAsia Takes “Most On-Time Airline in Asia Pacific” Honor for 2022

MONDAY, JANUARY 09, 2023

Thai AirAsia has reaffirmed its position as the leading carrier for on-time performance with the latest recognition for the best on-time performance. 

Recognized for its top-notch on-time service, the airline has been ranked as the Most On-Time Airline in Asia Pacific and further, as the Top 3 Low-Cost Airline for On-Time Performance in the World, after producing an on-time performance rate of 91.56 % based on data collected in 2022 by Cirium, a leading global aviation and travel data and analytics firm.

Santisuk Klongchaiya, Chief Executive Officer of Thai AirAsia said:”For Thai AirAsia, on-time performance is a mark of quality service that is difficult to imitate as it requires a strong foundation of management, an efficient team and a genuine determination to always be improving and delivering an on-time experience to customers. Thai AirAsia sees on-time performance as second only to its top priority of safety and even established an On-Time Performance Development and Management committee to keep it the most on-time airline, an attribute that has distinguished the carrier.

Chatupong Hongwiset, Head of Ramp and Ground Service Equipment and Chair of the On-Time Performance Development and Management Committee, explained that service quality sets AirAsia apart from other low-cost airlines. The carrier works diligently to serve passengers efficiently and with the utmost safety.

Being named Most On-Time Airline in Asia Pacific and a Top 3 Low-Cost Airline for On-Time Performance in the World by Cirium again is such an honour and will drive AirAsia to continue with its effort to constantly better its service to passengers.

“On-time performance has bolstered Thai AirAsia’s image and these recognitions are a mark of our success. This achievement will only drive us towards better performance and efficiency, ” Chatupong said.

Thai AirAsia has consistently been recognized for its on-time service, placing among the top 3 on-time airlines in the world in the low-cost carrier category in 2021 with an on-time performance rate of 97.47 %, as assessed by Cirium, placing among the top 3 on-time airlines in the world in 2019 as assessed by OAG Aviation Worldwide and ranking No. 1 for on-time performance in the world in 2013 according to Flighstats.

AirAsia’s world-class standards have also brought it the World’s Best Low-Cost Airline award for 13 consecutive years (2009-2022) as named by Skytrax, along with many other accolades.