More staff reductions planned for Thai Airways

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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THAI

.THAI AIRWAYS International plans to trim more staff this year to stop the financial bleeding.

“The company has set a budget of Bt2.2 billion for the new cost-cutting plan,” Narongchai Wongthanavimok, chief financial officer, said yesterday.

There is still no targeted number nor time frame for this round, but it should begin in one or two months.

Last year, the national carrier laid off 1,401 employees and spent more than Bt3.7 billion on the staff-reduction programme.

Management will ask each department to reveal its business plan along with resource management and any surplus that needs to be eliminated.

The airline posted a consolidated operating loss of Bt13.0 billion last year, although the final quarter showed a net profit of Bt5.4 billion.

A major factor for the improvement was an 11.2-per-cent reduction in expenses, resulting from rigid cost controls.

The company is also selling up to 30 properties at home and abroad, such as office buildings and staff accommodation, to slash operating costs.

The airline’s new agent management and online reservation system will be ready next month. It is designed to be more user-friendly and more efficient for real-time ticket booking.

The airline will finalise its fleet management by the end of this month.

Fleet management is based on the airline’s rehabilitation plans. These plans are 70 per cent complete.

THAI’s executive board met yesterday to reveal the progress of its business and revitalisation plans. All the progress will be reported to a rehabilitation committee on April 17.

By October, the airline will resume Moscow flights to cash in on the tourism high season. It expects to return to the United States next year.

It will also add routes or increase frequencies to Asean countries this year.

Idea 360 brings emotion-reading tool to Thai market

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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Idea 360 chief executive Tapat Yuvaboon, left, demonstrates use of the Emotion Reader.

Idea 360 chief executive Tapat Yuvaboon, left, demonstrates use of the Emotion Reader.

MARKETING-RESEARCH consultancy Idea 360 is bringing a new tool to the Thai market that uses artificial-intelligence technology to read people’s emotions by analysing facial expressions, in order to aid companies seeking to delve into consumers’ minds for better insights.

Chief executive officer Tapat Yuvaboon said Idea 360’s face-reading tool – Emotion Reader – was developed from MIT Media Lab’s work in the US.

The company providing the tool to Idea 360 is a rival of Emotien, a start-up company recently bought by Apple.

“It’s now the trend to find |consumers’ unconscious minds rather than to use a straight-|forward technique such as a |questionnaire to conduct market research, in particular among global companies that have established presences in the Thai market” he said.

Emotion Reader software can be used to appraise whether content in advertisements or TV programmes will be successful, to rate characters in a programme, analyse particular scenes, or to predict whether the content can go viral, he explained.

Using a normal webcam of a computer or mobile phone, the software detects “smile curves” of the audience and analyses their emotions changing with the scenes or particular characters.

Tapat said the company providing the tool to Idea 360 had collected the largest database, of around 3 million faces, and claimed an accuracy rate of 95 per cent.

Among Idea 360’s primary target customers for the new tool are advertising agencies, media companies, and fast-moving goods companies.

“Our initial target is media |firms that have to produce a lot |of content,” the CEO said, adding, “The tool can also be used for |testing advertisements, pre- and post- their launches. It can also |predict sales revenue of the products.”

The Emotion Reader will complement other immersive research tools, including in-depth interviews that can be conducted to validate the results.

Among the companies that have used this emotion-reading software are Unilever and CBS, he said.

Meanwhile, Tapat said Idea 360 had bucked the overall Thai economic trend, booking overall business growth of 30 per cent last year.

“When the economy is not good, we are usually doing well since companies want to increase their sales,” he said.

GMM to seek court stay on licence fee instalment

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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GMM GRAMMY, the country’s largest music and entertainment giant with two digital terrestrial TV stations, will soon ask the Central Administrative Court for a temporary injunction on payment of the third instalment of the upfront licence fee after the broadcasting regulator failed to respond to the industry’s requests for relief.

Chairman Paiboon Damrongchaitham said last week that he had been conferring with his legal team about taking legal action against the National Broadcasting and Telecommunications Commission (NBTC) because the NBTC had failed to deliver on its promises to transition the country from analog to digital TV.

Key activities to create a terrestrial-based digital TV broadcasting system as the national broadcasting backbone were also not successful yet, he said.

For instance, penetration of digital TV among viewers remains low due to inefficiency of the digital TV coupon scheme.

A standard digital TV channel numbering system still cannot be applied across all media platforms following the NBTC’s weak law enforcement, he said.

Even though early this year the NBTC established a panel assigned to solve problems for troubled digital-TV operators, it could not agree to the requests from a group of digital TV broadcasters after two months of brainstorming.

Among the key requests, the financially strapped digital-TV players want the regulator to support them by delaying the third instalment of the upfront licence fee.

However, the NBTC argued that it could not comply because of legal restraints.

Under Section 42 of the Organisation to Assign Radio Frequencies and to Regulate Broadcasting and Telecommunications Services Act of 2010, all licence holders must pay the licence fee yearly at an appropriate rate for the type of licence in accordance with the Broadcasting Act.

“Once the regulator broke it promises, my company, which now runs the One 31 and GMM 25 digital TV channels, wants to be protected and treated fairly by petitioning to the court for a temporary injunction to delay the third instalment of the upfront licence fee, whose deadline is May 24,” Paiboon said.

One 31 and GMM 25 are among the seven major digital TV stations that last year sued the NBTC for damages at the Central Administrative Court, allegedly caused by the regulator’s negligence in guiding the transition from analog to digital TV.

The other five stations were PPTV, Thairath TV, Bright TV, Now 26 and Nation TV.

Heineken aims to be market leader in Myanmar by 2020

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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A worker inspects empty bottles of Regal Seven beer at Heineken's newly-opened brewery near Yangon, Myanmar, Sunday. EPA/LYNN BO BO

A worker inspects empty bottles of Regal Seven beer at Heineken’s newly-opened brewery near Yangon, Myanmar, Sunday. EPA/LYNN BO BO

HEINEKEN intends to become the market leader in Myanmar’s beer market by 2020, confident that it can beat local and foreign products in one of the biggest emerging markets in the Asia Pacific region.

“We are the last brewery to come to the market. Currently, we are No 5 in the market. We hope to move up one position every year. Next year, we want to be No 4. After that, No 3, No 2, and eventually we aim to be No 1 in the market,” said Lester Tan, managing director of APB Alliance Brewery, the producer and distributor of Heineken in Myanmar.

Sales of the Dutch beer started six months ago. It is competing fiercely against local and foreign brands like Myanmar, Dagon, Mandalay, and Tuborg, a product of Carlsberg, which has gained more popularity despite controversies. Before Carlsberg started production in May 2015, the market had been dominated by local brewers.

Tan said that Myanmar showed huge market potential thanks to its fast urbanisation, population growth, economic expansion and increasing middle class. He believed that Myanmar would follow Vietnam, which has become one of the top three biggest markets of Heineken International in Asia Pacific in less than 10 years.

“Myanmar will be of growing importance to our global company too – and might become our next star country,” he said, adding that Myanmar’s per capita beer consumption is only three litres – much lower than its neighbour Thailand.

“This leads to a lot of room for growth for all players in the market. The whole beer market is growing so fast. Though we only started selling about six months ago, we were slightly above our plan. So we are happy with our business performance. The future is very, very good,” he said.

Tan sees the possibility of increasing investment soon due to overwhelming demand. The success story convinced him that the company – with marketing strength and strong relations with business partners – should not worry about the “Myanmar” beer and other domestic brands.

Heineken has invested US$60 million (Bt2 billion) in a beer factory in Yangon, which started operations last July with annual capacity of 245,000 hectolitres. It produces four brands – Heineken, Regal Seven, Tiger, ABC Extra Stout. As of February 28, the company employed 245 people including 56 female staff. Only 9 are expats.

This year, Myanmar is included in the UEFA Champion League trophy tour for the first time. The trophy tour will be in Yangon from March 20-26, accompanied by former Arsenal star Fredrik Ljungberg.

“Football is the most popular sport in Myanmar. Whether it is in the streets or the stadiums, and at teashops and sports bars, fans go all out to watch a match and support their favourite teams. We can’t wait to champion the trophy,” said Ko Ko Thein, deputy administrative director of Myanmar Football Federation, at the ceremony where the tour schedule was announced.

True Visions finally toes the line on numbering of digital TV channels

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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True Visions Group, the country’s largest pay-TV operator, has finally bowed to heavy pressure from the regulator and agreed to follow the rule on digital TV channel numbering across media platforms.

True Visions decided last week to notify the Broadcasting Committee in writing that it would move digital TV channels from the 11-46 slots up to the 1-36 slots on its cable and satellite system.

As True Visions is still waiting for approval from the committee, it has not yet disclosed the exact date for the switchover, but all 3.1 million subscribers will probably be able to watch digital TV channels with the same numbering as other media platforms next month.

Supinya Klangnarong, a member of the National Broadcasting and Telecommunications Commission (NBTC), said yesterday that this was a very good signal reflecting great support from the major pay-TV operator.

The Broadcasting Committee would take up the matter today.

The company still strongly feels that the regulator’s order to rearrange digital TV channel numbers is unfair, so it has reserved its rights to legally protect its interests and seek compensation for any damages arising from the implementation of the NBTC’s order.

In November, True Visions petitioned the Central Administrative Court to revoke the NBTC’s digital TV channel numbering rule.

The court has held hearings but has not ruled on the case yet.

TrueVisions has faced fines since early this year when it insisted on reserving channels 11-46 for digital stations.

It was fined Bt20,000 a day since January 7, but since it still refused to comply with the NBTC’s order, the regulator decided on February 3 to raise the daily fine to Bt50,000 and add a fine of Bt1 million.

What it takes to be among the “best companies to work for”

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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WORKPLACE

ONE-HUNDRED companies that have exceptional workplace cultures were recognised in the 2016 Fortune 100 Best Companies to Work For.

Top of the list is Google (Alphabet), the advertising and marketing arm of Google. Appearing for the first time on the list – completed by global research and consulting firm Great Place to Work and Fortune Magazine – were six companies, including Hilton Worldwide at No 56, Veterans United at No 30 and Slalom Consulting at No 100.

Ranked 28, Cooley, a law firm, turned out to be the company with the highest pay. According to Fortune Magazine, the law firm offered their associates an average compensation package worth around US$268,911. It offers up to $65 per month reimbursement on health-related activities and $3,000 per year for seminars and courses, encouraging staff members to burnish their knowledge.

Hilton Worldwide was pleased that it was among the “Great Places to Work”, as that ranking is based on the belief among employees that they work for great organisations when they consistently trust the people they work for, have pride in what they do and enjoy the people they work with.

“Our team members are the heart and soul of our business,” said Christopher J. Nassetta, president and CEO of Hilton Worldwide. “We succeed when they succeed. Respecting, recognising and rewarding them creates an environment where – together – we have created the world’s best hospitality company.”

The CEO said that the company listens to employees, referred to as team members, to help create the benefits and programmes that matter most to them. Examples include industry-leading parental leave policies that provide ten weeks of fully paid leave for mothers, as well as paid time off for fathers and adoptive parents. In 2015, the company introduced a new GED Assistance programme to help employees in the US earn their high school equivalency diploma. In addition, the company provides 10-day advanced scheduling for hourly team members and continues to expand remote workforce opportunities.

The company now has 58,000 team members at more than 4,600 hotels across a portfolio of 13 brands. Asked to complete an in-depth questionnaire about company practices and programmes designed to gauge five dimensions: credibility, respect, fairness, pride and camaraderie, the employees gave high marks. The company consequently was included in the Fortune’s annual ranking of the 100 Best Companies to Work For – joining list stalwarts Four Seasons, Hyatt, Marriott, and Kimpton.

“Now more than ever, it is important for companies to prove they are great workplaces,” said Michael Bush, CEO of Great Place to Work. “Top talent expects as much as they seek new opportunities, and customers are demanding it as well as they decide where to spend their cash. The 100 best workplaces are at the top of the heap in demonstrating they have a high-trust, high-performing culture.”

Monk and retail giant inspire new crops for dry northeast

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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RICE

Phra Khru Vinaithorn Theerapong Theerapanyo, the abbot of Thung Kula Chalerm Raj temple, joins farmers to collect  morning glories.

Phra Khru Vinaithorn Theerapong Theerapanyo, the abbot of Thung Kula Chalerm Raj temple, joins farmers to collect morning glories.

FOR YEARS, the Thung Kula Rong Hai plain (translated to fields of the crying kula) which covers areas in five provinces in the northeastern region of Thailand, has held the reputation as the world renowned home of jasmine rice.

But today, farmers of this rice are suffering from worsening drought and lower income due to their reliance on only rice cultivation.

Now they are learning a new way that challenges their traditional belief that the arid terrain of their farms was unsuitable for any crop except khao hom mali (jasmine rice).

Phra Khru Vinaithorn Theerapong Theerapanyo, the abbot of Thung Kula Chalerm Raj temple in Roi Et province, has initiated an idea to plant vegetables during the dry season, which would help the farmers earn additional income and have a better quality of life.

Last December, the abbot asked the Agriculture Department under the Agriculture and Cooperatives Ministry, for an inspection and analysis of the region’s soils and water. As a result, officials found there was high salt content in the soils and very low organic matter.

Further, the officials advised the farmers to improve soils and suggested they plant morning glory as a new crop because it was easy and fast-growing and cheap to produce.

In line with the government’s People’s State scheme, a collaboration among the community, Roi Et provincial authorities, and Tesco Lotus has been formed to develop the dry land for growing other crops during the off-season rice cultivation.

“One challenge in the beginning of the project was to convince the farmers to growing morning glory. We had to change their mindset that the Thung Kula Rong Hai was suitable for only jasmine rice – they had never grown other crops. “Finally, 30 families decided to join the pilot project,” said the abbot.

Normally, the rice growing season yields one or two crops a year. With the current falling prices, each farm household earned only Bt40,000-50,000 per year. During off-season, most farmers left to work in Bangkok. The thirty pioneering families now make about Bt4,000-5,000 per crop per family, with each crop taking 20-25 days to be ready for harvest. During the rice-planting season, the farmers can also grow vegetables to make additional income.

Pornpen Nartpiriyarat, head of quality at Tesco Lotus, said his firm worked closely with the abbot and the Agriculture Department to turn 13-rai of land in the temple grounds into a field for growing vegetables. From January this year, Tesco Lotus has been buying 500 kilogrammes of morning glory a day.

Aside from the technical knowledge, Tesco Lotus educated the farmers on crop management and bookkeeping. Starting with the morning glory, Tesco Lotus is now supporting the farmers to grow other vegetables including yard-long

beans, chilies, kale, Chinese cabbages, pumpkins, spring onion, melon, local vegetables as well as flowers to supply stores in the northeastern region all year round.

In addition to the Agriculture Department, experts at Kasetsart University’s Kamphaeng Saen campus are sharing knowledge on building a greenhouse for planting vegetables.

Pornpen said that the retailer had worked with more than 3,000 farmers across 72 provinces in Thailand. They now sell their agricultural products through the Tesco Lotus direct-sourcing programme initiated in 2010. This year, the retailer plans to increase the purchase of fresh products from 100,000 tonnes in 2015 to 150,000 tonnes this year.

Among the direct-sourcing projects in 2016, Tesco Lotus will purchase vegetables from farms under the Royal patronage of Her Majesty the Queen in three southernmost provinces. Moreover, the retailer aims to purchase all longkong fruit from farmers in the Deep South, totalling more than 150 tonnes.

“Tesco Lotus works with our partner farmers to be more than a distribution channel, by using a market-led approach. This means that we assist the farmers in crop planning, ensuring they grow according to market demands and are able to meet what our customers want, both in terms of variety, quality and volume, at specific periods of time. By doing this, we are able to completely avoid having a surplus of supplies in the market, thereby resulting in good prices for the farmers,” said Pornpen.

Through the partnership with the Agriculture Department, Tesco Lotus educates farmers on safety and quality standards, with the aim of enhancing Thai farmers to achieve international standards of Good Agricultural Practices (GAP).

Betagro starts up first feed mill in Phnom Penh

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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30281963-01.jpg

From left: Vanus Taepaisitphongse, chief executive officer of Betagro Group; Dr Ouk Rabun, Cambodian minister of agriculture, forestry and fisheries; Thai Ambassador Nuttavudh Photisaro; Betagro Group chairman Dr Chaivat Taepaisitphongse; and group presid

BETAGRO GROUP recently opened a feed mill in Phnom Penh. With a production capacity of 200,000 tonnes per year, the facility is aimed at satisfying the growing feed market in Cambodia, a country in which demand for high-quality feed is rising.

Betagro says the official opening of the new feed mill also helps strengthen the group’s brand image and acceptance in the animal-feed industry. The group’s first and only feed mill abroad, it is located in Phnom Penh Special Economic Zone (PPSEZ).

The grand opening was presided over by Dr Ouk Rabun, Cambodia’s minister of agriculture, forestry and fisheries, and Thai Ambassador Nuttavudh Photisaro, together with distinguished guests representing Cambodia and Thailand.

“Cambodia has high potential in agro industry,” Betagro president Vasit Taepaisitphongse said. “The country’s overall feed market needs approximately 600,000 tonnes per year and tends to increase dramatically. For this reason, the group has constructed and opened a new feed mill in an attempt to meet market demand and respond to the group’s livestock production in Cambodia.

“The new feed mill uses innovative construction technology and is fully equipped with state-of-the-art manufacturing-process and quality standards, with great attention to occupational health and environmental management on a par with standards being used by Betagro feed business units in Thailand.

“The group has invested around US$30 million [Bt1 billion] in the construction of the new facility, which has a production capacity of 216,000 tonnes per year. It [will produce] high-quality feed for all terrestrial animals such as pigs, laying hens, broiler chickens, laying ducks, native chickens and cattle under the brands Be-lac, Betagro, Bio and Balance.

“Betagro plans to expand its feed-production base to cover and respond to growing feed markets, domestically and in AEC neighbouring countries,” Vasit said, referring to the Asean Economic Community. “Part of this is to encourage brand building and greater market acceptance.

“Today, Betagro has around 200 feed customers across Cambodia. We plan to expand our market opportunities by adding a new feed brand, Farm, for customers who are operating larger and mid-sized farms.

“Betagro’s success factors for doing feed business in Cambodia include its long-established business partnership with local farmers and commitment to compliance to laws and regulations in every country we operate.

“Additionally, we have performed a market analysis and consumer-behaviour study in order to operate in a way that is truly relevant to the market environment and requirements. Moreover, we have constantly equipped local farmers and feed distributors with technical knowledge to ensure they achieve sustainable growth.”

Guests at the feed mill’s grand opening included Chea Vuthy, deputy secretary-general of the Cambodian Investment Board and Cambodian Special Economic Zone Board; Lok Chumteav Lim Chhiv Ho, PPSEZ chairwoman; and Jiranun Wongmongkol, minister counsellor (commercial) of the Office of Commercial Affairs, Royal Thai Embassy, Phnom Penh.

Members of the management from Betagro Group also participated. Besides Vasit, these included Dr Chaivat Taepaisitphongse, the group’s chairman; Vanus Taepaisitphongse, chief executive officer; and Dr Narongchai Srisantisaeng, executive vice president and chief operating officer.

Betagro Group has been doing business in Cambodia for more than 10 years with exports of feed for terrestrial and aquatic animals. The feed was initially supplied by feed mills in Thailand.

In 2008, Betagro (Cambodia) Company was established and officially registered to operate feed business in that country under the supervision of Betagro Group in Thailand.

In addition to the newly opened feed mill, the group operates parent stock farms (swine and laying chickens), contract farming (fattening pigs), broiler farms, and pullet farms, as well as Betagro Shop outlets in Phnom Penh and Siem Reap.

UAC acquiring 2 power plants in Sukhothai

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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30281960-01

Chatchaphol Prasopchoke, president of UAC Global.

UAC GLOBAL has notified the Stock Exchange of Thailand that the company’s board of directors has approved the acquisition of two power plants, Sao Thian A and Pra Du Thao, from Ratchaburi Energy Co, worth a total of Bt205 million.

The acquisition has been made by UAC Global’s wholly owned subsidiary UAC Energy Co.

Through this acquisition, the company will recognise revenue from sale of electricity immediately after completion of the business transfer, which will generate revenue continuously in the long term, UAC said.

This transaction is expected to be completed by April 1.

Chatchaphol Prasopchoke, UAC president, said the Sao Thian A power plant in Kong Krailat district, Sukhothai province, had the capacity to produce 3.9 megawatts of electricity, which will be supplied to the Provincial Electricity Authority (PEA). The Pra Du Thao power plant in the same district has the capacity to produce 3MW.

He said that in addition to the two newly acquired power plants, the company would witness significant growth in revenue from its existing biogas power plant in Mae Taeng district, Chiang Mai, which has the capacity to produce about 1.5 MW. It uses Napier grass as its fuel to produce electricity, which is commercially supplied to the PEA and the Petroleum Production Project in Sukhothai.

The company’s expansion plan for this year has a budget of around Bt1.8 billion.

Orchid business aims to double growth, improve profit margin under 5-year plan

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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SMES CORNER

Prayoon Ployphommas is pictured with some of his company's orchids for export.

Prayoon Ployphommas is pictured with some of his company’s orchids for export.

ORCHID EXPORTER Prayoon Orchids Ltd Part has laid out a five-year plan (2016-2020) aimed at ensuring sufficient supply of flowering plants and generating a higher profit margin.

With 36 years’ experience in the business of exporting orchids, Prayoon Orchids founder and managing director Prayoon Ployphommas acknowledges that the company has been at a disadvantage in regard to floral technology in particular, when compared with orchid producers from advanced markets – and especially the Netherlands.

For example, for Phalaennopsis orchids, his company’s plants take 25-26 months to reach maturity, whereas Dutch orchid producers need only 18 months, he said.

On price and quality, Prayoon Orchids is able to attract customers, but some buyers favour spending their money if an orchid wholesaler can deliver flowers within a shorter time, he added.

He explained that orchid exports globally are divided into three categories: cut flowers, for which Thailand is the largest exporter, although this advantage is offset by high competition in the segment; potted orchids, which have a low margin and also high competition; and orchid tissue culture.

“Most Thai exporters ship tropical orchid tissue culture, but we produce only spring orchid flowers, as we don’t have competitors in this segment,” Prayoon said.

“We have always told ourselves that we have to go to high technology in order to improve efficiency, but this takes time; meanwhile, we have to open new markets, especially where there are no problems with plant quarantine, as that is a high cost for orchid buyers,” he said.

As a wholesale exporter, Prayoon said the company must help save costs for overseas buyers, especially on transportation.

Orchid exports in general are transported by air, but the company can also export by sea thanks to its innovative production.

The company’s innovation enables customers to save up to Bt60 million per shipment, he added.

Prayoon decided to draw up a five-year business plan to maximise orchid production, and to open up his orchid farm business in Khao Yai, Nakhon Ratchasima, as a channel for both foreign and domestic customers who want to see its range of flowers before making a final decision on what to purchase.

“Having a public garden, apart from a laboratory and private plantations, will help us to open up markets more easily, as customers can visit the garden and tell us what types of orchid they want in the next few months.

“We are able to serve the right products to the right markets. Moreover, we can see the investment ability of each customer, and the character of each customer, in order to offer the right services to them,” he added.

The company opened its garden at the end of last year, since which time there has been good feedback from visitors, many of whom have ordered orchids from the company for the first time.

Having the garden enables it to supply flowering orchid plants throughout the year, while this type of business provides a higher margin than merely selling orchid plants and tissue culture, the company founder said.

A flowering orchid plant in a bottle sells for Bt50, while a bottled plant not in flower fetches just Bt10.

Prayoon Orchids targets annual growth of 10 per cent – double the current level – thanks to implementation of the five-year plan, he said.

The plan should also attract customers within Thailand, after the company exported 100 per cent of its output during its first 35 years in business.