Beiersdorf opens expanded production plant for skincare lines

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373575

Beiersdorf opens expanded production plant for skincare lines

Jul 24. 2019
With the expanded plant, Beiersdorf has increased its production capacity by up to 50 per cent.--Photo by: Beiersdorf

With the expanded plant, Beiersdorf has increased its production capacity by up to 50 per cent.–Photo by: Beiersdorf
By The Nation

197 Viewed

Beiersdorf, which provides products from skincare brands such as Nivea, Eucerin, La Prairie and Hansaplast, has inaugurated its newly expanded production facility in Bangplee.

The expansion project, for which began construction began in early 2018, is part of a major investment scheme at the Thailand Production Centre (PC). With a total investment of 67 million euros (Bt929 million), the PC has increased its production capacity by up to 50 per cent. The facility provides a construction area of 9,000 square metres, advanced machinery and production methodologies focusing on the production of personal care products.

Project Pailin will continue with the modernisation of the existing building used for skin and derma care production by 2021. Enhanced shipping capabilities will make the PC in Bangplee become an important export hub for the Beiersdorf network. It has already been the main supplier for Beiersdorf products within the region since 1982.

Stefan De Loecker, Beiersdorf CEO, said: “The inauguration of the new state-of-the-art building for Deo Roll-on production and the expansion of the warehousing and logistics at our PC Thailand mark an important milestone for Beiersdorf. With growing demands across the APAC region, Beiersdorf remains committed to delivering best in class skincare products. At the same time, we are committed to a competitive and sustainable growth. This is the overall goal of our new company strategy C.A.R.E.+ ‒ to outperform the market, create consumer value and ensure sustainable profitability.”

Beiersdorf's plant in Thailand

Beiersdorf’s plant in Thailand

He said Project Pailin demonstrates the company’s commitment to sustainability. The new facility has a solar-panelled roof for electricity production of up to 500kW. In addition, it utilises low-emitting construction materials and high efficiency machines to minimize C02-emission, alongside with environmentally friendly CFC-free refrigerant units and the use of recycled water for irrigation. The building is further equipped with modern office spaces, optimized work ergonomics and CE-standard machines. Safety and sustainability are part of the PC’s DNA for everyday operations.

“From the beginning of construction to completion, all the criteria for LEED Gold certification were accounted for. We expect to receive the certificate in the next few months, which will make us one of the front-runners in the Thai manufacturing landscape”, Markus Daburger, operations director of Beiersdorf Thailand, said.

Home for production of the Nivea and Eucerin product lines, the Bangplee PC and offices currently employ more than 800 people. Main products produced at the PC include Nivea Deo Roll-On, Nivea Body, Nivea Men, Nivea Face, Nivea Sun, and Nivea Cream; along with Eucerin Face, Eucerin Sun, Eucerin Anti-Aging, Eucerin Body, and Eucerin Body Wash. Some 40 per cent of the volume produced is sold domestically, while the rest of the products are exported to more than 40 countries around the world. Some of the key markets are the Philippines, Australia, New Zealand, India, Malaysia, and Vietnam, which reflects the importance of the region for future growth.

MINT awarded top prize for board excellence

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373564

MINT awarded top prize for board excellence

Jul 24. 2019
William E Heinecke, the founder and chairman of MINT

William E Heinecke, the founder and chairman of MINT
By THE NATION

227 Viewed

Minor International Public Company Limited (MINT) has earned the Gold prize in the Board of the Year Awards for 2018 from the Thai Institute of Directors.

Nominees were assessed by institutional investors, professionals and the director committee from the institute, along with members of the independent director committee association.

MINT was recognised as the winner among SET-listed companies with market capitalisation of over Bt100 billion. The award acknowledged its excellence in good corporate governance and outstanding board and director professionalism.

The criteria for the award included board effectiveness, board leadership, people and culture and stakeholder engagement. MINT’s award reaffirmed its standing as a sustainable global company that strives to serve the interests of its shareholders, customers, employees and business partners.

William E Heinecke, the founder and chairman of MINT said, “We are honoured to be recognised by the Thai Institute of Directors for our commitment and efforts in directing the company’s business operations with good management leadership, social responsibility and ethics. It is very rewarding to see the extraordinary dedication and collective efforts of our people in helping to shape the MINT of today. We will continue to stay at the forefront of our market with good faith and high standards of business conduct and sustainable development.”

Citibank teams up with Mercedes-Benz on credit card

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373562

Citibank teams up with Mercedes-Benz on credit card

Jul 24. 2019
By The Nation

224 Viewed

Citibank serves more than 200 million customers in 160 countries and is stepping up its marketing efforts for Thailand’s high-end market, said Sandeep Batra, head of credit cards and loans at Citibank Thailand.

Citibank has entered into a partnership with Mercedes-Benz Thailand, a manufacturer of luxury vehicles with a long history and operations in Thailand spanning more than half a century. It’s the first time in Thailand that the partners have joined forces, with the launch of the Citi Mercedes Credit Card. The credit card offers a range of benefits that meet the lifestyle needs of specifically Mercedes car owners.

Roland Folger, president and CEO of Mercedes-Benz (Thailand), said: “In Thailand, Mercedes-Benz is a reigning name in the premium passenger car category with 15,785 units delivered last year. To ensure the satisfaction of customers, we additionally complement the brand with a core strategy named Best Customer Experience, which is a flawless combination of sales, marketing, and after-sales to ensure a perfect and consistent brand experience in every communication channel we are using.

“Today’s partnership between Mercedes-Benz and Citibank is a profound initiation of two global brands to mutually please Citi Mercedes Credit Card members with precious and astonishing experiences. Cardholders of Citi Mercedes Credit Card will be welcomed with privileged financial services by Citibank and they will simultaneously be able to savour themselves with participation in the finest, year-long activities including test drive sessions at Thailand’s top motorsport circuit and other lifestyle workshops that are created to thank both customers and Citi Mercedes Credit card members who give their trust to the three-pointed star brand.”

Vietjet offers Bt0 tickets for purchase on three ‘golden days’

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373550

Vietjet offers Bt0 tickets for purchase on three ‘golden days’

Jul 24. 2019
By The Nation

190 Viewed

Vietjet is running a three-day promotion campaign that offers 1,500,000 tickets fares from only Bt0, applied to all international and domestic routes.

Promotional tickets can be purchased during the three “golden days” ending on July 25, 2019 at website http://www.vietjetair.com, through the Vietjet Air application or by Google Flights.

With the aim to be a “consumer airline”, Vietjet has connected with major partners to create a diversified ecosystem based on modern a technology platform to bring more attractive and higher quality service products that meet customer demand.

Together with Google Flights, Vietjet will introduce Vietnamese images, people and tourism to the world, while offering convenient travel opportunities for Vietnamese people and international travellers.

To mark this partnership with Google, Vietjet is offering 1,500,000 tickets for flying around Asia with fares from only Bt0 (excluding taxes and fees) and other gifts. Promotional tickets are up for grabs from through July 25, 2019 during the “golden hours” between 12.00-14.00 (GMT+7) and applied to all Vietjet’s flight network.

As well, promotion will last the whole day from now until the end of July 25 for all routes connecting Vietnam and Japan.

The promotional tickets’ travel time is from September 5, 2019 to June 25, 2020 for domestic routes and all international routes (excluding public holidays). The promotion is a perfect chance for customers to hunt for promotional tickets to for a get-away trip around Asia, as well as providing more opportunities for international travellers to explore Vietnam, said a release on Wednesday from the airline.

Get-away jaunts to Ho Chi Minh City, Hanoi, Haiphong (Ha Long Bay), Dalat, Da Nang and Taichung in Taiwan are available, as well as direct flights from Chiang Mai and Phuket to Ho Chi Minh City, all domestic routes from Bangkok (Suvarnabhumi) to Chiang Mai, Chiang Rai, Phuket, Krabi and Phuket–Chiang Rai.

The partnership with Google Flights not only introduces destinations that Vietjet has direct flights to, but also promises to offer exclusive, comfortable and best flying experience to passengers.

KBank becomes custodian of EGAT’s Saving and Credit Cooperative assets

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373549

KBank becomes custodian of EGAT’s Saving and Credit Cooperative assets

Jul 24. 2019
By The Nation

176 Viewed

Silawat Santivisat, second right, Senior Executive Vice President of KBank and Viboon Rerksirathai, second left),

President of the Electricity Generating Authority of Thailand Saving and Credit Cooperative Limited, signed an agreement appointing KBank as the custodian for the debt instruments of Electricity Generating Authority of Thailand Saving and Credit Cooperative Limited worth approximately Bt61 billion  for three years.

Huawei chief confident of bump in phone shipments over last year

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373544

Huawei chief confident of bump in phone shipments over last year

Jul 24. 2019
By The Nation

137 Viewed

Huawei Technologies founder and chief executive Ren Zhengfei expects the Shenzhen-based firm to ship 270 million handsets globally this year despite being on the US “entity list” that effectively bans it from doing business with US suppliers.

In his recently-published interview with Yahoo Finance, Ren said that the company’s two smartphone brands, Huawei and Honor, will in 2019 record an increase of 30 per cent from its total shipments of 206 million last year.

His prediction is based on figures from Kantar Worldpanel ComTech’s survey conducted in China. In addition, the survey showed that Huawei’s two phone brands now account for 46.1 per cent of the Chinese market share in the second quarter, confirming its leading position in the domestic market.

“We expect the total shipment of smartphones to reach 270 million units,” Ren said.

“If US companies were to stop supplying us altogether, our production would not stop for a single day in the future. Rather, we would ramp up production. There’s no lethal risk that threatens Huawei’s survival at all,” he insisted.

Mastercard and ASEAN tourism agencies launch “Feel the Warmth” campaign

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373543

Mastercard and ASEAN tourism agencies launch “Feel the Warmth” campaign

Jul 24. 2019
By THE NATION

372 Viewed

Mastercard and the Asean National Tourism Organizations (Asean NTOs) are joining forces to promote Southeast Asia as a tourist destination through a campaign that celebrates the region’s beautiful geography, rich culture and heritage sites, as well as the gracious hospitality that is the hallmark of its residents.

“Feel the Warmth” is a two-year partnership that encourages travellers to turning their holidays into life-enriching memories.

Southeast Asia has the distinction of being home to six of the top ten travel destinations in the world. From world famous landmarks, to local gastronomic fare, nature adventures, and shopping, Mastercard holders can enjoy insider access to stunning landscapes and diverse traditions.

The campaign also aims to boost inbound travel from China, India and Australia, as well as promote travel across key intra-Asean corridors. As one of the fastest growing tourism regions in the world, Southeast Asia also attracts some of the highest spending visitors who visit major tourist destinations as well as lesser-known locations.

“This is a great opportunity for our 10 member states to celebrate Southeast Asia as the world’s fastest growing tourism destination,” said Benito C. Bengzon, Undersecretary, Philippines Department of Tourism, who is also Chair of the Asean Tourism Marketing Partnership Working Group. “By partnering with Mastercard and featuring convenient and secure ways to pay cross-border, we’re delivering on our vision of creating a cohesive Asean economy and sharing the vast array of exciting experiences with travellers from every corner of the world.”

Mastercard’s Priceless Cities programme will be an integral part of this campaign, making it easier for people to discover new experiences and make the most of their adventures. The Priceless.com platform offers a plethora of experiences in top cities so consumers can eat, shop, stay and play in line with their passions.

Mastercard’s transaction insights also indicate that visitors to Southeast Asian destinations are exploring new destinations outside of established tourist hotspots.

“Southeast Asia offers a treasure trove of opportunity and experiences for businesses and consumers, and Mastercard’s collaboration with the Asean Tourism Board will give travellers even more reason to immerse themselves in the region’s dynamic environment,” said Audrey Yeo, Vice President, Marketing and Communications, Southeast Asia, Mastercard.

In addition to acceptance at over three million merchants in the region, travellers can also use their Mastercard cards to pay for local travel and small purchases. For example, Mastercard contactless credit, debit and prepaid cards can be used to pay for buses and trains in Singapore, as well as e-payments at convenience stories in Thailand and taxi apps across Southeast Asia.

Mastercard’s partnership with Asean NTOs builds on an earlier collaboration between the two organisations, the Visit Asean@50: Golden Celebration,

Triple i Logistic beefs up cargo sales business

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373540

Triple i Logistic beefs up cargo sales business

Jul 24. 2019
By THE NATION

146 Viewed

The board of Triple i Logistic has given permission to the company to sign a memorandum of understanding (MoU) with Teleport Everywhere Pte Ltd, Thai AirAsia, and Thai AirAsia X to form a joint venture with Teleport Everywhere to operate as general cargo sales agent and provide other logistics solutions and services related to Air Asia group’s flights.

According to its filing with the Stock Exchange of Thailand on Wednesday, the JV is expected to be incorporated by January 1, 2020.

In a separate filing, the Triple i board also approved its acquisition of common shares of Excel Air (Cambodia) with investment of around Bt1 million, representing 32 per cent of total registered capital of the Cambodia firm in order to operate a cargo sales agent business in Cambodia.

Meeting held to draw EEC investment from Hong Kong

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373609

Meeting held to draw EEC investment from Hong Kong

Jul 25. 2019
By THE NATION

619 Viewed

Deputy Prime Minister Somkid Jatusripitak held a meeting yesterday (July 24) with a private business mission from Hong Kong, led by chairman of the Hong Kong Trade Development Council Peter Lam, on the prospects of investment in the Eastern Economic Corridor.

Somkid revealed after the discussions that Lam had led the leading businessmen to Thailand as they were interested in exploring investment opportunities in the country, especially the innovation and digital zones of the Eastern Economic Corridor (EEC).

The first meeting between Thailand and Hong Kong on their cooperation in the ‘Thailand Cyberport’ project will be held in October in Hong Kong.

Lam informed Somkid at the meeting that Hong Kong’s chief executive Carrie Lam will invite Thai delegates to participate in the Belt and Road Initiative (BRI) meeting, to be held in Hong Kong in October this year.

The meeting is to extend the discussions held last year. Topics will include Thailand’s intention to link up with the Greater Bay Area (GBA) – comprising Guangdong province, Hong Kong, and Macao, as well as the ‘Thailand Cyberport’ project.

The move will promote Thailand as a hub for nurturing startups in 10 remote industries, backed by the connection of capital markets in Thailand and Hong Kong.

“I have suggested that cooperation between Thailand, Hong Kong and China should be in the form of a three-party committee as it will connect Thailand with Hong Kong and Guangdong. The meeting should also be participated by representatives from the private sector of the two countries,” said Somkid.

Somkid said the government attached great importance to the planning and progress of the project.

In regard to the on-going protests in Hong Kong, Somkid said it was an internal issue and would ease up soon, adding that it would have no impact on its relation with Thailand.

Meanwhile, Somkid said executives of ExxonMobile Corporation had arrived in Thailand following the extension of the company’s area for the construction of refinery and cracker plants in the EEC.

Located in the vicinity of Laem Chabang Port in Sriracha province, the petrochemical production facilities will cost Bt300 billion in investment.

NESDC chief Sanit sets out steps for success amid upgrade

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30373596

NESDC chief Sanit sets out steps for success amid upgrade

Jul 25. 2019
Dr Sanit Aksornkaew/Photo by NESDC

Dr Sanit Aksornkaew/Photo by NESDC
By The Nation

586 Viewed

The National Economic and Social Development Council (NESDC) is undergoing a series of transformations aimed at keeping the organisation at the forefront of Thailand’s economic and social development.

Driving the changes is the announcement of the National Economic and Social Development Council Act B.E. 2561 (2018) to replace the old version that had been used for 40 years. This new act prompts the NESDC to appoint a new board of directors, chaired by Professor Dr Sanit Aksornkaew, a former board member and also a member of the Royal Institute who has over 10 years’ experience in academic circles.

As the new president, Sanit revealed that NESDC was in dire need of transformation as it now has a wider scope of mission.

“The 2017 constitution dictates that we must have a national strategic plan that promotes the country’s reformation,” he said. “And NESDC was appointed with the task to drive the plan forward and evaluate the results. We have to coordinate with both government and private sectors to ensure the mission’s success.”

This primary mission – combined with existing tasks undertaken by NESDC such as monitoring the economic and social development status, approving investment plans of state enterprises and other turnkey projects of the government – has prompted the NESDC to appoint a new set of board members. Required are 18 experts qualified in their fields: economic, social, public health, technology, environment, business, and community development. The present board also comprises of directors appointed by government agencies at permanent-secretary level to work with these experts in respective fields.

“Thai people’s expectation ofs NESDC is rather high, as we are responsible for both economic and social aspects of the country. To drive the NESDC forward is like driving a vehicle. We need a working and well-maintained car along with an efficient driver with strong knowledge of the route and environment, to transport all passengers to the destination safely. And that’s what we are trying to achieve here at NESDC,” he said.

Sanit unveiled his plan to drive the council forward in seven steps:

1. Appoint groups of sub-committees to facilitate the panel of experts in their missions. Reporting to assistant the NESDC secretary, these sub-committees can be divided by their areas of focus into 7 groups: 1) competitive enhancement, 2) social development, 3) disparity reduction, 4) eco-friendly development, 5) balancing and development of public safety and administration systems, 6) consideration of state enterprises’ investment budget, and 7) economic monitoring. Furthermore, the NESDC will appoint special committees to work on specific aspects that are crucial to the country’s development, such as investment screening, infrastructure development, SMEs promotion, or economic restructuring. These special committees will be supervised by the board members and will work together with assistant NESDC secretary.

2. Assign each mission to personnel in corresponding line of work, for example, social-, national strategy-, regional-, economic-, and management-related. Each line of work must be able to work independently but remain under the same direction to ensure a seamless cooperation throughout the organization.

3. Drive the NESDC forward with knowledge and innovations. To achieve this, the council has established the Information and Communication Technology Centre to ensure a smooth flow of information and comprehensive distribution of useful data to people in all areas of Thailand.

4. Coordinate with internal and external parties at all levels, be they the public, government, or business sectors to build a mutual understanding and tackle the problems in timely fashion.

5. Establish a strong network with both domestic and foreign partners to strengthen the workforce and promote collaboration at regional and international levels.

6. Prioritise the missions based on their urgency and importance as suggested by the seven sub-committees mentioned above. “For example, at present we are focusing on tackling drought problems, so we gather necessary data to formulate suitable remedy measures for people in affected areas as soon as possible,” Sanit said.

7. Speculate future changes based on trends and information at hand and inform people to be ready for either opportunities or crises, along with preparing strategic plans for upcoming challenges.

“These 7 steps require serious and continuous implementation to achieve the desired results. We also need to put an effective monitoring and evaluation mechanism in place to make sure that we are moving forward on the right path,” Sanit said.

As for the consideration of investment budget in mega projects of the government and state enterprises, the NESDC will focus on public benefit as highest priority. Each approved project must not affect the livelihood of local people or pose a serious threat to the environmental and social dimensions. The NESDC will make sure that every affected party is fairly and adequately compensated and all investment budgets are handled with full transparency, Sanit said.

“I am not concerned that the political climate will affect the consideration of project investments, as each of NESDC board members is highly qualified and our consideration process is fully transparent and verifiable. Moreover, the society is becoming more cautious about shady operations nowadays as corrupted politicians are often publicly exposed via social media. Hopefully this will help shaping a new era of politics where politicians have better public consciousness,” Sanit said.

Another important mission that NESDC is embarking on is to establish Thailand’s first think tank, a reservoir of knowledge and information that are vital to the country’s development. “The first step of this mission is to gather complete, correct and up-to-date information as much as possible, and the NESDC is doing so by establishing the Public Policy and Development Research Institute, which was approved by the Cabinet for the budget of Bt1 billion for 5 years plan (2019-2022). Meanwhile, the institute’ directors and executives were already appointed,” Sanit said

“The Public Policy and Development Research Institute will source and store research information from internal and external origins. Internal data will come from work experience of the NESDC’s sub-committees while external information will be gathered by private sectors and educational institutes, both domestic and international who are partners of the NESDC. A comprehensive knowledge distribution channel will be devised to deliver vital information to target groups of different socio-economic status and occupations to ensure equality in learning opportunity.”

Meanwhile, NESDC is also promoting the gathering of knowledge from first-hand experience by sending its board members to observe the operations of several projects on site, such as royal initiative and sufficiency economy projects, and the Eastern Economic Corridor (EEC).

“It is imperative for us to go on-site and monitor the progress of these projects closely,” he said. “Different viewpoints will give us a better understanding of each aspect, enabling us to make informed decisions that eventually benefit the development of the country.”