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https://www.nationthailand.com/pr-news/business/40009920

Winning three SET 2021 awards in November has become testament to the Carabao Groups remarkable success amid the huge challenges arising from the Covid-19 outbreak.

Winning three SET 2021 awards in November has become testament to the Carabao Group’s remarkable success amid the huge challenges arising from the Covid-19 outbreak. The company’s Chief Executive Officer Sathien Setthasit was named the best CEO by the Stock Exchange of Thailand (SET) for the second time in two consecutive years while the firm garnered awards for one of the best performing companies and outstanding innovation.

It is the second year in a row that Mr. Sathien has been honoured with the ‘Best CEO Award’ and the Carabao Group with the ‘Company Performance Award’ for a listed company with a market capitalisation of more than 100 billion baht. On top of that, the company’s ‘Q-Pack,’ a QR Code-based technology that traces the distribution of goods, won the ‘Outstanding Innovative Company Award.’

Mr. Sathien said the company is proud to receive the prestigious awards which endorse its excellence in various operations throughout 2021 amid a challenging operating environment to achieve a robust growth. Meanwhile, the company has sought new business opportunities in the midst of a crisis by means of new product launches and intensifying overseas business expansion. Under the leadership of a seasoned CEO, the Carabao Group has continued to achieve outstanding performance.

In 2020, the company’s revenue both from sales and net profit hit a new high, at 17,231 million baht and 3,559 million baht, respectively. The 15.4% increase in sales from the previous year and the 44.2% surge in net profit are due to more efficient management of expenses and operations.  The success story has continued to the second quarter of 2021 with a profit of 966.68 million baht, an increase of 9.7% compared to the same period last year. Excluding foreign exchange gains and special items, the net profit of 955 million baht, an increase of 8.4%, is the record net profit from normal operations since the company was established. The key driver is an increase in exports of its energy drink which represent 50% of the company’s total energy drink sales.

In addition to the CEO and performance excellence accolades, the Outstanding Innovative Company Award bestowed for the ‘Q-Pack’ innovation reflects the outstanding adaptability of the Carabao Group. ‘Q-Pack’ is an innovation that weaknesses in open trade market by linking distribution data to our packaging which allow the company to manage its distribution network and data in real time.

Such an innovation is the result of efforts to solve problems in the traditional channels. This mirrors the company’s values and culture which encompass knowing, acting, accuracy and precision — essential elements that propel the company’s success.  “The QR Codes printed on all crates and pallets allow us to monitor where our goods in the entire system are heading to, from agents to sub-agents on to small wholesale shops and on to the retail stores. “With this technology, we know in which areas the products are being distributed well or badly, how fast or slowly they are being sold. “This allows us to quickly tackle problems in each area on the spot, for example, by organising promotional activities in areas that do not sell well, or to fix the distribution of products in areas that are not yet covered.”

Mr. Sathien noted that the Q-Pack has clearly improved the Carabao Group’s business because the information it makes available helps the company sell products faster and better. Crucially, it enhances the company’s competitiveness especially in the beverage business through the traditional retail outlets, or grocery stores, across the country as they are still an important channel to reach consumers.

Next year, the Carabao Group will continue to launch several new products in groups such as Functional Drinks and is also preparing to launch new products in the C+ Lock health drink line. However, the real highlight is the introduction of a new product line that uses cannabis leaves and CBD extracts as ingredients. These new products will surely create excitement in the market. He said: “Next year will see a lot of new product development to drive the company’s growth. At the same time, cost control will be deepened and energy bills reduced to keep profitability at a good level.”

             Throughout 2021, a year full of negative factors and uncertainty, the Carabao Group and its CEO have shown excellence in performance to reinforce the company’s proud status as a leading Thai business on the world stage.

Published : December 13, 2021

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40009919

CJ Express Group has joined forces with The Walt Disney (Thailand) to enliven the UNO lifestyle product zone at the CJ More store with Disney character themed collections.

CJ Express Group has joined forces with The Walt Disney (Thailand) to enliven the UNO lifestyle product zone at the CJ More store with Disney character themed collections. This collaboration between Thailand’s fledging retail chain and the US entertainment and media conglomerate sees a series of UNO-branded lifestyle, fashion, stationery and electronics products featuring Disney’s famous cartoons and designs.

Disney’s distinctive designs also go into CJ Sabai Card, the CJ MORE’s customer membership card, in a limited release. Meanwhile, the company will kick off the ‘Truck Show’ as part of the ‘Shop (at) UNO, Happier Than Ever’ campaign to promote special collections under the UNO and A-Home brands to bring happiness and fun to customers all over the country.

CJ Express Chief Executive Officer (CEO) Mr.Veeratham Setthasit said Disney’s characters are well known globally and are accessible to people of all ages, and that fall in line with the target groups of CJ MORE and UNO. “Disney is also a brand that represents happiness and fun particularly at the festive seasons,” he said. Exclusively designed Disney collections will be available in the UNO zone at CJ MORE stores for one year. Mr.Veeratham expressed confidence that the Disney items would create a sensation not only among CJ MORE customers but the retailing industry in the country.

The company expects the collaboration to spur customer traffic to CJ MORE outlets, helping to stimulate sales for CJ MORE and the UNO goods as well as strengthening the brand value even more. “Disney’s cartoon characters are in consistent with the UNO brand concept, for them being bright, fun, and happy,” he pointed out. CJ MORE and Disney have worked together to come up a special collection to appeal to customers and target groups including the new generation, children and families, to gain more experiences with the brand,” he added.

Meanwhile, the Truck Show mobile promotion activity will be held between December 2021 and early January 2022 to help expanding customer base and raising sales for UNO and A-Home brands.

UNO is one of the retail brands developed by C.J. Express as part of CJ MORE store, a new retail model that runs like a micro shopping centre in the community. UNO occupies a lifestyle zone in the CJ MORE store, focusing on modern design in the concept of “Your Innovation” to please teenagers and working people who are looking for daily use items.

Published : December 13, 2021

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40009916

Energy Absolute Public Company Limited (EA) announces the success of the region, building a new S-Curve after the commercial launch of Amita Technology (Thailand).

Energy Absolute Public Company Limited (EA) announces the success of the region, building a new S-Curve after the commercial launch of Amita Technology (Thailand), a modern lithium-ion battery factory and an integrated energy storage system. Despite of the first phase, it has the largest production capacity in the ASEAN, starting full commercial production and stands the first battery factory with a capacity of up to 1 GWh per year in the Eastern Economic Corridor (EEC) development project area aligning the expansion plan with the production capacity to 50 GWh per year. This supports EA to be the largest battery innovation leader in Thailand and ASEAN that can produce lithium-ion batteries and backup power systems in every process pushing Thailand to become a manufacturing hub of electric vehicle production and the power storage industry at the regional level.

This lithium-ion battery plant and power storage system of Energy Absolute Group (EA), under the name Amita Technology (Thailand) Co., Ltd., has an initial capacity of 1 GWh per year. This first phase is ready to immediately expand capacity up to 4 GWh per year. The production area within the factory has a total area of more than 80,000 square meters. The factory with fully integrated production technology is designed to produce pouch cell types of lithium-ion batteries, using intelligent systems and modern automated production systems to ensure the highest efficiency and low cost of production processes. This key production base is located in the EEC with an area of ​​over 90 rais, which is ready to support the expansion of lithium-ion battery production plants and energy storage systems by more than 10 times to the ASEAN region’s highest production capacity of 50 GWh per year as well as being in an area that is ready to support the investment of related industries in order to create a complete ecosystem of New S-Curve.

Mr. Somphote Ahunai, Chief Executive Officer of Energy Absolute Public Company Limited or EA, an innovative and visionary leader in renewable energy, electric power and electric vehicles, revealed that “lithium-ion battery plants and energy storage systems will be the heart of the production of electric vehicles and the introduction of stable renewable energy into daily use to reduce greenhouse gas emissions. This factory is designed to use modern systems to be able to carry out production continuously and efficiently as well as being able to easily develop and change various production processes to meet the needs of more modern technologies in the future. The production process also emphasizes the concept of energy efficiency, reducing waste by focusing on recycling as much as possible. In cooperation with Amita Technologies Inc., which is a manufacturer and distributor of lithium-ion batteries in Taiwan for more than 20 years, Energy Absolute group has entered into an investment, a transfer of experience and technology in building the factory through a subsidiary named Amita Technology (Thailand) Co., Ltd., which has a larger production capacity at the world class level to produce lithium-ion batteries in the pouch cell types with the modern technology and materials with high safety in the production of battery cells, high capacity, light weight and long life cycles. It does not contain harmful substances such as acid or lead and using special techniques to produce cells. This allows for easy separation of the positive and negative plates in the recycling process when the battery reaches the end of its useful life making a battery environmentally friendly. In addition, Amita’s battery is designed to be compatible with Ultra-Fast Charge technology that supports charging large electric vehicles in just 15 minutes and supports up to 3,000 charge cycles, which will be a highlight for supporting applications of large commercial electric vehicles. The time factor is important for the most cost-effective use.”

The lithium-ion batteries produced can be used in all types of electric vehicles, including electric cars, electric trucks, electric buses and electric passenger boats to help reduce emissions to the environment caused by internal combustion engines. The initial production capacity of the lithium-ion battery up to 1 GWh can be used in 11-meter electric buses with a maximum distance of 240 kilometers, up to 4,160 vehicles per year. The use of 4,160 electric buses can reduce GHG emission by approximately 91,709 tons per year and reduces diesel consumption by more than 97,066,667 liters per year when compared to diesel-powered buses.

“Aside from being able to produce battery cells on their own, EA has thought of leaps and bounds by expanding the supply chain to help reduce costs, waste and external dependence. A solvent distillation tower was built to be used in the battery cell manufacturing process to purify it until it can be recycled causing less waste and reduce the import of raw materials from abroad. It also built an electrolyte plant, which is one of the key raw materials that determine the efficiency of self-use battery cells, the first in the ASEAN region. Together with the in House R&D team, the finished electrolyte can be tested in the battery cell to measure its performance immediately and can develop its own formula to be better all the time. In addition, the company’s self-produced energy storage system (ESS) is also being used as a backup power supply for critical and continually operating machinery and equipment as well as having a recycling plant to reduce toxic waste. It is the idea and design of the integrated production process which is an outstanding strength to enhance the potential of the electric vehicle industry as a New S-Curve according to the country’s strategy in the Eastern Economic Corridor (EEC) development project and to support sustainability, especially the reduction of pollution and global warming to achieve the goals,” concluded Mr. Somphote.

Published : December 13, 2021

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40009915

Running from 7-21 December 2021 at Siam Paragon, the third edition of this popular consumer travel fair will allow local residents to book attractive stays at hotels across the Kingdom, with special offers for KTC and Krungsri cardholders

Marriott International will continue to drive the revival of the Kingdom’s tourism industry this month, as it hosts the third edition of “Marriott Thailand Travel Show”, a major consumer travel fair in the heart of Bangkok.

Back by popular demand, this enticing event will see 40 Marriott Bonvoy portfolio of hotels and resorts, covering 14 distinct brands, come together at Siam Paragon from 7-21 December 2021, to showcase their world-class accommodation, services and guest experiences. The aim is to stimulate domestic travel demand and give local residents the opportunity to stay in style in desirable destinations all across Thailand.

During the two-week-long travel fair at the popular Bangkok lifestyle mall, Thai nationals and local expats will be able to learn all about Marriott Bonvoy’s portfolio of hotels and discover a series of attractive packages and promotions for their next vacation.

And that’s not all; under a partnership with Krungsri Credit Card, the major Thai credit card provider, visitors to the Marriott Thailand Travel Show will be treated to an array of additional privileges. Cardholders who spend a minimum of THB 1,000 per day on their Krungsri Credit Card will be able to earn 10% cashback through point redemption, and those who spend THB 25,000 or more in one month will receive between THB 250 and THB 2,000 in cashback!  

In addition, KTC cardholders will be rewarded with a free THB 100 Starbucks card or a THB 100 Shopee Discount Code (max. THB 1,000 per person per day) for every THB 5,000 of accumulated spending at the event! Finally, KTC’s top spender (THB 80,000 or more) will each receive a 28-inch trolley bag, while the second and third highest spenders will win a 20-inch trolley bag!

Marriott International has an important role to play in stimulating the recovery of Thailand’s tourism industry. Thai nationals and expats can enjoy staycations in desirable destinations nationwide, including urban sojourns in Bangkok, island escapes in Phuket and Koh Samui, blissful beachfront breaks in Krabi or Khao Lak, weekend retreats in Hua Hin, Pattaya and Rayong, or captivating cultural experiences in Chiang Mai or Chiang Rai. With 14 distinct brands ranging from modern midscale hotels to ultra-luxury resorts, every guest can find their ultimate vacation.

The Marriott Thailand Travel Show will be hosted at Siam Paragon from 7-21 December 2021. For more information, please visit https://hotel-deals.marriott.com/marriott-thailand-travel-show.

Published : December 13, 2021