Kanvela Craft Chocolate: Slowing down time to produce unique flavours
FRIDAY, DECEMBER 02, 2022
Opal Varunsuda
Kanvela in Thai means “a period of time” and this phrase describes the time it takes to produce world-class, award-winning chocolate.
The owner Thana Kunaraksvong, CEO of Kanvela Craft Chocolate, explains how locally grown cocoa beans are carefully chosen and dried in the blazing Thai sun to produce distinctively flavoured and beautifully crafted chocolate.
Thana Kunaraksvong, The owner of Kanvela Craft Chocolate
“We developed this unique approach based on our experience, which we have also communicated to farmers. This defines our ‘flavour’,” he said.
Cacao Bean“With factories licensed by the Thai Food and Drug Administration, every chocolate that is produced undergoes stringent inspection. The equipment we use was imported from Italy, and we have always placed a premium on the quality of our products and the safety of our customers.”
Kanvela has won many accolades globally including the Rising Star Award from the Academy of Chocolate, as well as two bronze medals at the 2020 International Chocolate Awards and two silvers and two bronzes at the 2021 contest.
The Chiang Mai-based company has expanded its reach by opening several outlets in the North and is also featured in the Thai Airways menu for First Class and Business Class passengers flying to Europe, Australia, South Korea and Japan.
Follow the full interview vdo in Business Story on December 3, 2022
Thai Vietjet unveils Performance of the first three Quarters 2022
FRIDAY, DECEMBER 02, 2022
None of the past years has witnessed such rapid international expansion to different regional countries for Thai Vietjet. From only international cargo flights to China and Vietnam during the pandemic to almost 1st half of 2022, Thai Vietjet has been aggressively expanding its international flight network to various top destinations across the Asia-pacific region.
Currently, the airline operates direct flights from Bangkok to Singapore, Fukuoka, Taipei, Phnom Penh, and many destinations in Vietnam, including Ho Chi Minh City, Da Nang, and Phu Quoc. Total passengers and cargo carried reached over 5 million and almost 9,000 tons, respectively.
Planning ahead to 2023, the airline is focusing on improving domestic flight services and international network expansion to offer further convenience to passengers and uplift its competitive advantage.
“2022 has been a remarkable business year for Thai Vietjet,” said, Woranate Laprabang, Chief Executive Officer of Thai Vietjet, “We started the new year with the launch of the direct service between Bangkok and Phnom Penh, as soon as the borders between the two countries started to open, and since then have continuously and proactively expanded our wings to many destinations through the Asia-pacific region, including Singapore, Fukuoka, Taipei, as well as relaunching many destinations between Thailand and Vietnam, where we are the leader in the market.”
Woranate Laprabang, Chief Executive Officer of Thai Vietjet
In particular, Thai Vietjet, together with Vietjet Group, is the largest carrier operating between Thailand and Vietnam in terms of capacity. Since January 2022, Thai Vietjet and Vietjet operated over 2,500 flights between Thailand and Vietnam and transported over 350 thousand passengers on its extensive flight network between both countries, including the direct flight from Bangkok to Hanoi, Ho Chi Minh City, Da Nang, and Phu Quoc, and the direct route from Phuket and Chiang Mai to Ho Chi Minh City. The airline will also resume direct service between Bangkok and Da Lat on December 2, 2022.
Not only having various new international services in place in such a short time but the additional frequency for each of the routes was also added quickly, with 2 or even 3 daily flights, to support the increase of travel demand after travel restrictions in many countries have been relaxed. Lately, Thai Vietjet further announced the increase of its international services Bangkok – Fukuoka daily flight in November, Bangkok – Taipei of up to 10 flights per week in early December this year, with a solid plan to further increase the flight frequency to double daily right in January 2023.
To support its expanding fleet and flight network, in July 2022, Thai Vietjet hosted its annual “Sky Career Festival 2022”, recruiting new talents to be part of its fun and friendly yet professional team, with over 10 thousand participants attending to explore the airline’s career opportunities, joining cabin crew, pilot, engineering, ground service, commercial, back office and other jobs recruitment, learning insights from airline professionals. The Sky Career Festival is Thai Vietjet’s annual event since 2018, and it continues to provide participants with more opportunities to develop their career paths in a multinational working environment not only in Thailand but also in the overall region, but also in Asia region, especially in Vietnam.
In addition, to further leverage passengers’ in-flight experience, the airline introduced ‘Sky Café’, presenting a wide range of Thai and international cuisine to domestic and international passengers. Sky Café was officially launched after the Civil Aviation Authority of Thailand (CAAT) gave airlines permission to serve food and drinks again on domestic flights in Thailand in July 2022, after a long hiatus of suspension due to Covid-19 outbreak.
Looking forward to the year 2023, international expansion remains Thai Vietjet’s main and most important focus. The airline plans
SCB 10X launches Web3 collaboration hub in Bangkok to nurture startups
FRIDAY, DECEMBER 02, 2022
SCB 10X has opened a new physical space in Bangkok to serve as a hub for ideation, collaboration, and building in Web3 and assist in international community-building, the company said.
DistrictX will be a Web3 collaboration hub for SCB 10X, the venture investment arm of SCBX group, which will help build and incubate startups in the Web3 and blockchain industry.
Located in the heart of Bangkok, DistrictX will allow for both community building and business co-working. The 10,000 square foot spot is equipped with meeting rooms, a town hall, operational war room, podcast room and dining space offering free refreshments.
With two main areas, the first area will be the Hacker House, an open-seating space where global innovators in blockchain and Web3 can engage with one another and collaborate with the SCB 10X team, partners and ecosystem.
The second area is the Exponential Hub, a co-working space for SCB 10X’s global partnership, including leading global blockchain and Web3 companies: Axelar, Fireblocks, Nansen, The Sandbox, Nebula, Token Unlocks and RakkaR Digital.
“DistrictX is a physical space where we see the potential for great collaboration, networking, and entrepreneurship to bloom,” said Mukaya (Tai) Panich, CEO of SCB 10X. ”Collaboration is key during this bear market, and we are excited to bring high potential startups, passionate entrepreneurs, prospective partners, and enthusiastic developers to Bangkok in order to strengthen the global communities of blockchain and Web3.”
Mukaya (Tai) Panich, CEO of SCB 10X
“At Fireblocks, we believe that impactful partnership and collaboration is invaluable to the healthy growth of the industry,” said Stephen Richardson, head of Asia Pacific and senior vice president of financial markets at Fireblocks. “With Thailand having one of the highest rates of digital asset adoption, DistrictX will serve as an important hub for us to advance blockchain innovations and bring more financial institutions and businesses to these technologies.”
Stephen Richardson, Head of APAC and SVP of Financial Markets, Fireblocks.JPG
Through the DistrictX sixth-month Hacker House Incubation Program, SCB 10X said it would recruit talented developers and highly-driven entrepreneurs to build startups at the forefront of disruptive technology. The program will offer end-to-end support from SCB 10X’s building team, product and design testing, mentoring from the brightest minds in the ecosystems, and external fundraising and scaling.
Apart from its role in investing and building, SCB 10X will educate and create awareness among the general public about the world of blockchain and Web3.
DistrictX will host “Moonshot Meetup”, a bi-monthly workshop to engage partners, developers, and community by sharing knowledge and building projects. DistrictX will be the home to a line-up of future events such as the DistrictX Hacker House Program, Hackathons, and many more.
“We’re proud to be a part of SCB 10X’s ecosystem and hope to contribute to the digital asset scene in Thailand,” said Alex Svanevik, CEO of Nansen. “We’re looking forward to more breakthrough collaborations in the DistrictX space.”
The launch of DistrictX is another step for SCB 10X towards achieving its “Moonshot Mission”, the company said, focused on investing globally in disruptive blockchain, Web3, and fintech technologies and incubating startups to become the next unicorns in the area of blockchain and Web3.
Canon offers blast from the future at Thailand Smart City Expo 2022
THURSDAY, DECEMBER 01, 2022
Nongluck Ajanapanya
Canon Thailand has trained its sights on the hybrid office market to keep up with the changing nature of work post-Covid.
The Japanese multinational unveiled its new cutting-edge hardware and software technology at Thailand Smart City Expo 2022 in Bangkok on Wednesday.
Pongsaporn Krobsanit, a senior manager at Canon Marketing (Thailand), explained that the company established a new business development team in 2019 after realising demand for its core products – cameras and printers – would drop in the future work environment.
That decision proved timely when Covid-19 arrived, sparking massive digital transformation in the business world. Canon was on hand with solutions to keep organisations running as the virus raged, Pongsaporn said.
“This reassured us that we were on the right track. And once these businesses transform, they do not revert to their pre-pandemic working methods. Their offices remain hybrid and adaptable,” he added.
Canon will focus on smart solutions beginning next year. The company will offer a comprehensive service that includes hardware, software, and maintenance.
“We will continue to innovate in order to alleviate our customers’ pain points while also closely monitoring after-sales service. This is the key to retaining customers, and we retain 80% of them,” he said.
He said Canon’s technologies also have an important role in the future development of smart cities. Thailand is seen as a market with high growth potential in this field.
Among the armoury of smart solutions Canon unveiled at the Bangkok expo were a face recognition and people counting system, audio and video threat detection, access control, AI-driven video analytics, recording and video management systems (VMS), smart cloud printing and scanning, barcode reading, smart live streaming and remote production software.
The three-day Thailand Smart City Expo 2022 is at the Queen Sirikit National Convention Centre until Friday, December 2. The event is showcasing future tech and innovations from Thailand and around the world that will serve the needs of smart cities.
The smart city model is one of the ambitious goals of the “Thailand 4.0” economy, which seeks to attract new investment and connect with the rapidly growing global digital economy trend.
CHIC designs award-winning super luxury interiors of Anil Sathorn 12 condo
WEDNESDAY, NOVEMBER 30, 2022
CHIC has joined developer Grand Unity Development Co Ltd to design the interiors of Anil Sathorn 12 – a super luxury condominium in the heart of Bangkok.
The specially designed interior meets all seven definitions of luxury set by the United States’ Well Building Standard and is Thailand’s first condo to win the Well Gold certification.
Kijja Patamasatayasonthi, Managing Director of Chic Republic Public Company Limited, a distributor of furniture, home furnishing products, and household items in the form of a large single store under the main brands “Chic Republic” and “Rina Hey” and imported products from abroad under the brand “Ashley” revealed that the company cooperated with Grand Unity Development Co., Ltd., the developer of Anil Sathorn 12, a super-luxury condominium in the heart of Sathorn area by providing furniture design-decorating services in the common areas, kitchens, bathrooms, and bedrooms, which will be completed in the fourth quarter of 2022.
This project meets the needs of the health and well-being of the residents including social and environmental responsibility, starting from the design, selection of materials in furniture production that complies with CRAB (California Air Resource Board) standards that contain hazardous chemicals such as Formaldehyde and Volatile organic compounds, as well as an installation that is environmentally friendly according to the WELL Building Standard, a world-class building standard for health.
He said that the company is very pleased to be entrusted with designing and decorating furniture. Grand Unity has expertise in developing real estate projects. The quality is internationally recognized. This collaboration with leading real estate developers in the country is another important step in promoting growth potential and helps drive to add value to the company significantly.
In addition, the company continues to strive to develop standardized products and services. Minimize the impact on humans and the environment, leading to a better quality of life, meeting the various needs of today’s consumers, and also being part of pushing all sectors to realize the importance of indoor health especially residential projects that enhance the quality of life of residents and the environment sustainably, and is in the process of negotiating for other projects under the operation of Grand Unity to be added in the future,” Kijja added.
Thaddao Jirasawat, Acting Managing Director of Grand Unity said that Anil Sathorn 12 project is a super luxury condominium project, next to Sathorn Road and St. Louis BTS Station, with the privacy, It has only 222 units and serves the needs of young residents and large families under the concept of “Luxury Redefined”.
Thaddao Jirasawat Acting Managing Director of Grand Unity Development Co., Ltd and Kijja Patamasatayasonthi Managing Director of Chic Republic Public Company Limited
The new definition of living – good quality of life internationally, means good health that stays with us throughout life. The company, therefore, provide good living conditions with the WELL Building Standard. Raise the quality of life of residents sustainably. It consists of taking into account 7 important health factors: Air, Water, Nourishment, Light, Fitness, Comfort and Mind.
“Collaborating with a business alliance with Chic Republic, which is famous for the quality of furniture design and decoration services for a long time, as well as product development, and residential design and decoration services, the standard is in line with the concept and policy of the Grand Unity according to the WELL Building Standard to improve the quality of life of residents in a healthy indoor environment at the same level as the world’s leading residential buildings
Grand Unity has always been a great pleasure to work with CHIC Republic, and CHIC has been a great partner. Ready to fully support us in every aspect. In the future, we are confident that we will be able to work together and help drive both companies to grow in a better direction for sure.”
Kumpol Poonsonee, President ofUniventures Public Company Limitedor UV, added that With the potential and business stability of Grand Unity, a subsidiary of Univentures and CHIC Republic will be able to create confidence and satisfaction for the best customers, including elevating the quality of life of the residents in every project that can continue to work together in the future.
Eternal Energy to grow cannabis and hemp using greenhouse technology
WEDNESDAY, NOVEMBER 30, 2022
Eternal Energy Plc, a company committed to producing clean energy, and its partners are developing precision farming techniques to grow medical-grade and food-grade hemp and marijuana in greenhouses that could generate 100 million baht next year.
EE Plc president Worasak Kriengkomol said the company has been working with its subsidiary, Cannabiz Way Co Ltd, and partners AgrowLab Co Ltd andAgrowPlus Co Ltd to develop greenhouse planting technology for growing hemp and marijuana.
The indoor planting will use precision farming technologies and the planting will be carried out at greenhouses at the Cannabiz Way Valley in Wiharn Daeng district of Saraburi province.
Worasak said EE realises the potential growth of cannabis and hemp product businesses with growing demands in the country and abroad so the company had decided to invest in product quality marijuana and hemp buds for use as material.
Worasak said EE has decided to cooperate with Agrow Group to develop a greenhouse planting technique. Agrow Group in turn assigned its subsidiary AgrowLab to design greenhouses for growing hemp and marijuana.
Worasak Kriengkomol, Eternal Energy Plc president
AgrowLab, which has advanced agricultural technologies, will use its precision farming knowledge and AI and Internet of Things technologies to control the environment in the greenhouses and to monitor and track the marijuana and hemp plants to water and put fertilizer for the plants.
Worasak added that the project has been advised by Kasetsart University to ensure that the hemp and cannabis leaves and buds would meet medical-grade and food-grade quality.
He said that AgrowPlus, which is an expert in developing comprehensive agricultural product businesses, will help market the products from the farm.
EE expects to be able to grow about 16,000 hemp and cannabis plants within one year and it would make about 5 tonnes of dried buds.
During the first phase, the company expects to earn about 100 million baht and the income would be realised next year, Worasak said.
He said he is confident that the cooperation with Agrow Group would allow EE to realise its goal of upgrading its businesses to the new S-Curve industries.
The Aspen Tree and PIM launch training for residential care of older adults
WEDNESDAY, NOVEMBER 30, 2022
November 29, Bangkok – The Aspen Tree The Forestias, together with Panyapiwat Institute of Management (PIM) and Canada’s Baycrest have launched the “Care Angel Program” to introduce training for Thai healthcare professionals of top global standards, supporting the community’s new concept of “Holistic Lifetime Care”.
The Aspen Tree’s President, Ms Hye June Park, said: “The Aspen Tree aims to lead in ‘Holistic Lifetime Care’ in Thailand and the Asia-Pacific, working with PIM and Baycrest to launch the ‘Care Angel Program’ for outstanding care. This important step reinforces The Aspen Tree’s leadership in residences with full lifelong care for planning long-term well-being after 50.”
Care Angel Program is an advanced healthcare and nursing certification. The collaboration will develop staff who can provide superior service at The Aspen Tree, with specialized expertise in caring for older adults from Canada’s Baycrest Centre, a global leader in healthcare, housing, research, innovation, and brain health for older adults.
“The Care Angel Program is another key element for The Aspen Tree to become a national and regional leader in ‘Holistic Lifetime Care’, so residents can be confident of physical and mental well-being and quality of life,” said Ms Park.
Dr Anna Ballon, Vice President of Baycrest Global Solutions, said strong synergies between The Aspen Tree, PIM, and Baycrest would create a dedicated Care Angel team to look after The Aspen Tree’s future residents.
“We believe the Care Angel course can produce high-quality staff. The program will create employment opportunities and help raise care standards.”
Dr Ballon added that PIM has worked with Baycrest on a comprehensive Care Angel curriculum to meet the needs of clients and develop necessary skills. The course will build confidence in PIM’s specialists in holistic healthcare services for older adults.
Ms Wipada Kunaviktikul, Ph.D.RN, FAAN and Professor & Vice President of Health Science Affairs and Interim Dean of School of Nursing Panyapiwat Institute of Management (PIM), said: “Many countries have rapidly rising older populations, largely because people are living longer. The global economy will be driven by the silver economy so it’s important to understand the needs of older adults in areas such as food, tourism, health, and wellness. Educational institutions must speed up the development of professionals to serve this economy.”
The Care Angel Program will welcome applications for its 42 initial places from December 1, 2022 until March 24, 2023. The course will run from June 12 until December 8, 2023 with 830 hours of teaching and over 300 hours of theory and practical training on care for older adults and specialist skills for professional service.
The Care Angel course will offer further opportunities through scholarships for both training and living expenses. Students will have a chance to work with a world-class real estate company through The Aspen Tree and to join a Residency Training Program with Baycrest in Canada.
Researchers laud Thailand’s potential in becoming regional EV hub
TUESDAY, NOVEMBER 29, 2022
Nongluck Ajanapanya
Though Thailand came in ninth among 15 countries in terms of readiness to adopt electric vehicles, it still has a very good potential to become an EV manufacturing hub soon.
Thailand’s potential was unveiled on Tuesday at the release of Arthur D Little (ADL)’s report “Unleashing Thailand’s Electric Mobility Potential”.
This report comes after the 15 countries were ranked in ADL’s annual Global Electric Mobility Readiness Index (GEMRIX 2022).
Andreas Schlosser, ADL partner and global chief of the automotive department, told the press that electric vehicles were fast becoming popular with overall usage rising over the past two years.
“Thailand is also well prepared for EVs in terms of market, users, infrastructure, and government,” he said.
However, he pointed out, that though the Thai EV market is growing thanks to government policies and moves to attract investment, there are still many challenges it must address to maintain competitiveness.
Hirotaka Uchida
Hirotaka Uchida, chief of ADL operations in Thailand, said the development of an EV industry is critical for Thailand to maintain its position as the “Automotive Hub of Asia”, and to do that, the government needs to build a stronger EV charging infrastructure and encourage more start-ups to join the EV ecosystem.
He said Thailand lags behind Indonesia in terms of lithium battery production and cannot compete with Vietnam when it comes to funding.
However, he said, Thailand can benefit from its strong foreign allies like China and Japan, which will help the Thai EV industry grow exponentially.
Besides, Thailand’s experience as an internal combustion engine manufacturer has also helped with its transition to becoming an EV engine producer.
“What you need to focus on now is strengthening what you are good at and speeding up the improvement of your EV charging stations and infrastructure to support a wide adoption of EVs among Thai consumers,” Uchida said.
In the report, ADL identified five key challenges in Thailand’s transition to electric mobility. They are:
Shifting to mixed energy and relevant supplier base
Competitiveness in the supply of batteries
Building a charging infrastructure
Building awareness of carbon neutrality
Potential in the export market
Akshay Prasad
Akshay Prasad, ADL Southeast Asia’s senior engagement manager, said for Thailand to evolve into an EV ecosystem, all players will have to collaborate across the value chain.
Local players should also establish a Thai EV brand, which will serve as a game changer for the future of Thailand’s auto industry, he said.
“To become a regional EV export hub, Thailand needs to have its own national brand and then it should explore new potential markets like Pakistan, Bangladesh and the Middle East,” Prasad said.
He also advised Thailand to look into battery recycling and continue developing alternative options. He said that though the country lacks nickel, it does have zinc, which is a useful ingredient in making batteries.
Andreas Schlosser
Schlosser backed Prasad’s idea on battery recycling, saying this would ensure that EV batteries do not end up polluting the environment after three to five years of use.
According to the study, the sale of EVs in Thailand should surge by more than 500 times from 1,572 units in 2020 to about 831,161 units by 2030.
By 2030, the report said, Thailand should have 61,000 electric cars and pick-trucks, 763,000 motorcycles and 7,000 buses and trucks.
However, the three ADL representatives said that though these figures are impressive, they are still not sufficient for the country to become an Asean EV hub.
But once Thailand addressed its weaknesses and strengthened its abilities, it can start playing an important role in the global EV ecosystem and be at the forefront regionally.
Meanwhile, Norway took the top spot in this year’s GEMRIX index, followed by China, Germany, Singapore, and the United Kingdom in that order. Thailand held the 9th spot after the United States, Japan, and the United Arab Emirates, while Mexico, India, Brazil, Indonesia, Vietnam and South Africa held up the rear.
The countries were divided into four groups, namely global benchmark, ambitious followers, emerging EV markets and starters.
JKN gets Miss Universe brand ready for listing on NYSE in 2025
TUESDAY, NOVEMBER 29, 2022
After acquiring Miss Universe Organisation (MUO) in October, Thailand’s JKN Global Group Plc (JKN) is now getting ready to have it listed on the New York Stock Exchange (NYSE) by 2025.
MUO has the potential to grow, JKN’s chief executive Jakkaphong “Anne” Jakrajutatip said recently after meeting with business leaders in the retail, hospitality and tourism sectors to build potential alliances and partnerships.
She said the beauty pageant business, especially the Miss Universe brand, has the potential to generate stable revenue, especially in the health and beauty market.
Plus, she said, with 70 years in the beauty pageantry business under its belt, MUO is a well-established global brand. This, she said, gives it a significant advantage in getting listed on the NYSE by 2025, under its new company JKN-Metaverse.
After acquiring MUO on October 25 for 800 million baht, JKN believes the brand will generate growth of at least 40% and prove to be an engine in its drive to become a big player in the global content commerce industry.
To make the Miss Universe brand synonymous with Thailand, Jakkaphong met Yuthasak Supasorn, the governor of the Tourism Authority of Thailand, and Culture Minister Ittiphol Kunplome.
Her proposal was to hold a Miss Universe pageant in Thailand, which has already hosted the pageant three times, in 1992, 2005 and 2018.
The 2022 Miss Universe will be crowned in New Orleans, United States.
“It will be good to host the Miss Universe pageant under the ‘Amazing Thailand’ and ‘Amazing New Chapters’ tourism promotional concepts. This will offer travellers a valuable but different experience,” Yuthasak said.
Separately, as part of its plan to have MUO listed in NYSE, JKN has announced the following streams of income for the brand:
• Franchise fee: Revenue from the country hosting the Miss Universe pageant
• Hosting fee: Revenue from granting the right to host the Miss Universe pageant
• Production fee: Revenue earned from the production of the pageant every year
• Sponsorship fee: Revenue from sponsoring the pageant
• Merchandise and licence fees: Revenue from merchandise and licence of products and services under the Miss Universe brand
• Broadcast fee: Revenue from TV stations across the world broadcasting the contest
• Miss Universe programme and format fee: Revenue from operating shows, such as “Road to the Universe”
• Talent management fee: Revenue from Miss Universe winner’s management
• Ticket sales: Revenue from the sale of contest tickets across all platforms.
Techsauce cooks up new strategy to incubate new start-ups
MONDAY, NOVEMBER 28, 2022
Nongluck Ajanapanya
Techsauce Media, a top knowledge-sharing platform, is partnering with 25 companies to incubate 10 start-ups in Thailand and the region.
The objective is to be part of an ecosystem that seeds start-ups and turns them into engines to drive the Thai economy.
Oranuch Lerdsuwankij, co-founder and CEO of Techsauce Media, said the project was launched after the company realised that funding was the most difficult issue for most start-ups.
As per the Techsauce Start-up Directory, Thai start-ups attracted less investment this year compared to 2021, even though the total value of investments in 2022 had been pushed up by one huge deal.
Data shows that most venture capitalists prefer to invest in start-ups that have grown to some extent instead of those in their early stages.
“This trend is bad for Thailand in the long run,” Oranuch said. “As a tech ecosystem builder, Techsauce has established the Thailand Accelerator project to help start-ups in Thailand and Southeast Asia raise funds and grow their businesses sustainably by using our resources and a global network built over a decade.”
Charle Charoenphan, Thailand Accelerator’s programme director, said the accelerator is one of the key cogs for building an ecosystem of young entrepreneurs across the world. This ecosystem, he said, will help them grow faster in terms of customer base and revenue.
Start-ups interested in joining the accelerator program should be prepared to expand their market in Southeast Asia and already have products or services available. The start-up should also be in the Seed or Pre-Series-A funding stage.
Batch 1 of the project focuses on four business groups: impact and climate, tech, Software as a Service (SaaS), and AI and machine learning technology.
Charle said the programme was not just limited to Thai businesses because Techsauce wants local companies to learn from their foreign counterparts.
This is the first step for the participants to experience true competitiveness as well as widen their outlook, which will help in the development of their business internationally, Charle explained.
Techsauce’s new venture was applauded by nearly all bigwigs in the start-up industry, including Sarun Sutuntivorakoon, Thai Venture Capital Association president; Chinawut Chinaprayoon, executive vice president of Digital Economy Promotion Agency; Yutthana Srisavat, Thai Start-up Association president; and Pariwat Wongsamran, director of Startup Thailand.
At a discussion on “Elevating Start-up Ecosystem”, they agreed that more accelerating and incubating programmes are necessary to boost the number of start-ups and help in their development in Thailand and the region.
Most start-ups in the early stages are weak in doing business, and accelerators usually help them close those gaps.
Meanwhile, Oranuch said those interested have until December 31 to apply and the list of qualified candidates will be announced in January.
Those selected will receive three months of training from world-class mentors before they pitch their ideas to investors in May.
Thana Kunaraksvong, The owner of Kanvela Craft Chocolate
Cacao Bean“With factories licensed by the Thai Food and Drug Administration, every chocolate that is produced undergoes stringent inspection. The equipment we use was imported from Italy, and we have always placed a premium on the quality of our products and the safety of our customers.”
Kanvela has won many accolades globally including the Rising Star Award from the Academy of Chocolate, as well as two bronze medals at the 2020 International Chocolate Awards and two silvers and two bronzes at the 2021 contest.
Woranate Laprabang, Chief Executive Officer of Thai Vietjet
Mukaya (Tai) Panich, CEO of SCB 10X
Stephen Richardson, Head of APAC and SVP of Financial Markets, Fireblocks.JPG
Thaddao Jirasawat Acting Managing Director of Grand Unity Development Co., Ltd and Kijja Patamasatayasonthi Managing Director of Chic Republic Public Company Limited
Worasak Kriengkomol, Eternal Energy Plc president
Hirotaka Uchida
Akshay Prasad
Andreas Schlosser
SootinClaimon.Com 