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Tag: Thailand

  • Shiseido and King Power International capture beauty of Thailand in 360° campaign

    Shiseido and King Power International capture beauty of Thailand in 360° campaign

    Shiseido Travel Retail has partnered with King Power International (Thailand) to deliver a major promotional campaign which aimed to capture the beauty of Thailand.

    For the initiative, Shiseido collaborated with Thai artist Riety Darisa K and influential Chinese fashion and lifestyle blogger Magic Yang  to target Chinese travellers through a 360 ̊ programme.

    The programme included social media and digital content, in-store activations and Travel Retail Exclusive (TREX) products available only at King Power Thailand stores.

    The campaign, which aimed to capitalise on the large number of Chinese visitors to Thailand, tapped into the power of influencer marketing to push brand awareness and drive sales among Shiseido’s key consumers, particularly millennials. Magic Yang, a leading influencer in China, has a strong following of millennials on social media who are inspired by her personal style, her love for travel and adventure and the places she visits.

    With Riety as her guide, Magic was taken on a tour of Bangkok, where she discovered the capital city’s art, beauty and culture. Her trip to Thailand was captured in a promotional film, called ‘The Beauty of Thailand’.

    Leading up to the campaign’s official launch on 1 April, Magic posted exclusive behind-the-scenes pictures of her trip to announce the collaboration and shared the film on her Weibo and WeChat accounts. The film features subtle placement of Magic’s top three Shiseido beauty picks: Ultimune Power Infusing Concentrate, Perfect UV Protector SPF 50+ and Rouge Rouge.

    The campaign was prominently highlighted on King Power Thailand’s website and social media platforms and a dedicated campaign micro-site. Travellers were also targeted prior to departure via advertising.

    The in-store activations at Bangkok Suvarnabhumi Airport and in the King Power Srivaree Complex downtown store are running until 31 May. The airport activation features a pop-up store which offers complimentary skincare treatments and lip make-overs, as well as a Photo Booth where travellers can personalise their photos with Riety’s Thai-inspired visuals to be printed onto their own customised luggage tags.

    To further underline the Sense of Place focus, Shiseido has developed an exclusive skincare set specially curated by Magic Yang and packaged in bespoke sleeves featuring art by Riety. The limited-edition set, only available at King Power Thailand stores, includes Ultimune Power Infusing Concentrate for Face and Perfect UV Protector SPF50+/PA++++.

    Customers spending THB 14,000 (€368) or more will receive a complimentary ‘The Beauty of Thailand’ cosmetics bag and those spending more than THB 16,000 (€420) can claim an additional Shiseido tote bag.

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  • UOB UnionPay Card Relaunched with 2% Cash Rebate

    UOB UnionPay Card Relaunched with 2% Cash Rebate

    UOB and UnionPay International (UPI) have revamped its UOB UnionPay Card as a simple, no-frills card. The UOB UnionPay Card offers a 2% cash rebate on local and overseas spend1, with no minimum spending restrictions, enabling customers to reap cash rebates of up to S$600 for the first year.

    Sporting a brand new design and UnionPay’s contactless payment feature QuickPass, the UOB UnionPay Card enables Cardholders to pay for their purchases via quick tap-and-go at participating point-of-sales (POS) counters. Cardholders can take advantage of this convenient feature at local merchants such as BHG, BreadTalk, M1 and Shaw Theatres, along with overseas merchants such as 7-Eleven in Macau, SaSa in Hong Kong and Watsons in South Korea.

    “The UOB UnionPay Card is perfect for those who want fuss-free rewards. It simplifies money management, and makes life easier for everyone with a simple cash rebate system. With the QuickPass contactless payment feature, Cardholders can also make payment quickly and easily by tapping their cards at participating contactless payment terminals, saving them time that can be spent on more important moments in life. This card also represents our commitment to bringing products that are tailored to the needs of local consumers, and underscores our desire to continually enhance our products and services to serve them better,” said Wenhui Yang, General Manager for Southeast Asia, UnionPay International.

    Ms Choo Wan Sim, Head of Cards and Payments Singapore, UOB said: “UOB was the first and remains the only Singapore bank to offer a UnionPay credit card. In 2008, we launched our first card in recognition of the increasing travel and trade between our two markets. Since then, our cardmembers have been using the card to make purchases in China through UnionPay’s extensive acceptance network. In the last two years, we have seen a 20 per cent increase in the number of customers making purchases in China, not just for big ticket items but also for daily essentials such as groceries. UOB UnionPay cardmembers will now be rewarded with cash rebates on the purchases they make overseas and in Singapore.”

    In addition to receiving 2% cash rebate, new sign-ups for the UOB UnionPay Card can enjoy: 

    3-year annual fee waiver

    New customers who sign up for the UOB UnionPay Card can enjoy a 3-year waiver of the annual card membership fee from the date of application.

    More cash rebates until 30 September 2017

    The first 2,000 customers who sign up for the card and whose card is approved between 26 May 2017 and 31 August 2017 can also enjoy two times the rebate i.e. 4% on all spend until 30 September 20171.

    UOB UnionPay Cardholders will also be able to enjoy global offers for shopping, dining, travel and entertainment, including duty free offers at over 100 international airports around the world. UnionPay Cardholders can download the UnionPay International application via Apple App Store or Google Play Store and enjoy discounts of up to 30% at Bath & Body Works, Kate Spade, Michael Kors, TUMI and Victoria’s Secret, along with other attractive U Plan offers at Matsumoto Kiyoshi in Japan, Macy’s in the USA and King Power in Thailand among others.

    In addition, the UOB UnionPay Card, a Platinum Card, entitles Cardholders to the privileges in U Collection, with global concierge services, airport VIP services and an exclusive range of dining privileges specially curated for premium Cardholders. The UOB UnionPay Card is available for sign up from 26 May 2017. To sign up online, visit uob.com.sg/unionpay

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  • Lalamove Pick-Up Price Drops Down

    Lalamove Pick-Up Price Drops Down

    Hong Kong based on-demand delivery app Lalamove is moving its moves upwards to a new high. Lalamove is offering its growing customer base a special new cut-price for its pick-up rentals at just THB 450 plus THB15 per kilometer for the first 100 kilometers; with rates dropping down even further with distances exceeding this and attracting out-of-town movers who need a pick-up and driver beyond Bangkok. Currently, Lalamove door-to-door delivery services are available from Bangkok to the capital as well as Chonburi, Rayong, Chanthaburi and Nakhon Ratchasima.

    More and more customers are taking advantage of Lalamove’s quality pick-ups, experienced drivers and professional delivery services. Customers are increasingly using Lalamove to move home, transport goods bought and sold between individuals advertised online as well as office moves.

    Capable of transporting one ton per pick-up with additional services such as the driver and extra hands helping with the load, Lalamove is perfect for moves both near and far.

    Easy to use and customer-friendly, the Lalamove app has also recently been redesigned to enhance the user experience with scope for adding more features too.

    Lalamove now hosts the largest delivery service area across Asia with operations in Hong Kong, Singapore, Bangkok, Taipei, Manila and 43 cities in China with over 50,000 drivers. The number of registered users regionally has grown to more than 5 million in the past three years. In Thailand, the number of download is currently 210,000 with over 17 thousands of registered drivers.

  • Vietnam state investment arm SCIC partners Thai Kasikornbank

    Vietnam state investment arm SCIC partners Thai Kasikornbank

    Vietnam’s government investment arm SCIC, the state investor in the country’s biggest firm Vinamilk, has inked a deal with Thai Kasikorn Bank to unlock more investment opportunities in Vietnam. SCIC, or the State Capital Investment Corporation, said the collaboration will help woo foreign investors into the country as well as improve its investment climate through the exchange of expertise.

    Thailand has accounted for significant investments into Vietnam, notably in the retail sector. TCC Holding and Central Group put a war chest to acquire retail assets in Vietnam over the past two years to secure top positions in this $118 billion market. SCIC last year sold 5.4 per cent of Vinamilk to Thai beverage firm F&N in a $500 million deal. F&N had been already a major shareholder at the dairy company with an 11 per cent interest.

    Thai brewer Singha also played big with a $1.1 billion infusion into Masan Group’s units. Thai investors are also beefing up their direct investments. Direct investment and M&A capital from Thailand in Q1, 2017 were valued at $168 million, a surge of 20 times compared to the same period in 2016. Vietnam has been seen as a magnate for foreign investors thanks to its stable economic annual growth of some 6.5 per cent, blended with a rising middle class and improving infrastructure.

    The total new committed FDI and M&A capital into the country in the first four month of this year reached $10.6 billion, in which share purchases accounted for $1.36 billion, according to the General Statistics Office. The SCIC represents the State ownership in shares of major local businesses, including Vinamilk, Hau Giang Pharmaceutical, Vietnam Construction and Import-Export JSC, tech firm FPT, insurer Bao Viet and Traphaco. In March, the sovereign wealth fund had also signed a similar agreement with Singapore property developer Keppel Land to promote investment opportunity in Vietnam.

  • Harley-Davidson plans a Thailand factory to serve SE Asian market

    Harley-Davidson plans a Thailand factory to serve SE Asian market

    otorcycle maker Harley-Davidson said on Thursday it will build a plant in Thailand, a major Asian automotive hub, to serve the growing Southeast Asian market, a move criticized by a U.S. labor union.

    The company did not give a figure for the planned investment in Thailand’s Rayong province, southeast of Bangkok.

    Katie Whitmore, Harley-Davidson public relations manager, said the company had its best results in Asia-Pacific in 2016, though she gave no numbers.

    The Thailand facility “will allow us to be more responsive and competitive in the ASEAN region and China,” Harley-Davidson public relations manager Katie Whitmore said.

    “Increased access and affordability for our customers in the region is key to growth for the company in total,” she said. “There is no intent to reduce H-D U.S. manufacturing due to this expansion.”

    The plant would let Milwaukee-based Harley-Davidson avoid Thailand’s up to 60 percent tariff on imported motorcycles and help it get tax breaks when exporting to Thailand’s neighbors, thanks to a trade arrangement among members of the Association of Southeast Asian Nation (ASEAN).

    Harley opened a plant in India in 2011. It also assembles motorcycles at a plant in Brazil.

    After the New York Times reported on Harley’s planned Thai investment, United Steelworkers (USW) International President Leo W. Gerard on Tuesday said the decision was “a slap in the face to the American worker and to hundreds of thousands of Harley riders across the country.”

    USW represents members at Harley plants in two U.S. states and 850,000 workers in North America.

    Gerard also said that production outside the U.S. “puts in jeopardy the success that has propelled Harley over the years.”

    Whitmore said motorcycles assembled in Thailand would have the same “authentic look, sound and feel” as those manufactured in the U.S.

    Demand for Harley motorcycles in the U.S., the company’s biggest market, continues to be slow as its loyal baby boomer demographic changes ages.

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  • Healthy food delivery startup IndieDish announced as winner of TOP 100 Fight Club Thailand

    Healthy food delivery startup IndieDish announced as winner of TOP 100 Fight Club Thailand

    IndieDish was announced winner of the TOP 100 Fight Club Thailand at Echelon Thailand 2017, an enriching two-day tech conference organised by e27, in collaboration with Startup Thailand and the National Innovation Agency.

    Echelon Thailand 2017 is a digital insight, connections, talent, and funding platform crafted to connect people across Thailand, the gateway to Asia’s thriving tech startup community.

    Thirteen Thai-based startups were shortlisted from over 100 entries to battle for the coveted prize, which includes two tickets to the Echelon Asia Summit in Singapore, access to a VIP dinner with invited investors and corporates and a free TOP 100 Exhibition booth at the event.

    Founded by two ex-Amazon employees, IndieDish not only delivers healthy food at a relatively cheap price of THB 89 per meal on average, it also makes the delivery process efficient in traffic-congested Bangkok.

    IndieDish optimises its logistics algorithm by using a pre-order system. Based on the pre-orders it receives, which can be made a week in advance, IndieDish will work out the most efficient route for its delivery drivers. IndieDish has delivered over 18,000 meals so far. It doesn’t offer on-demand/same day delivery services but it is working on providing this service in the future.

    The judges were impressed with how thoroughly the team had thought through the delivery process and were drawn to IndieDish’s mission to broaden healthier food choices in the country.

    Meanwhile, the fan favourite prize, based on a live audience poll, was awarded to Primo, an app that organises and consolidates promotions from a user’s credit cards and membership cards. The app then pushes personalised deals based on the user’s preference.  Based on the user’s spending limits, Primo then recommends which deals best fit their budget.

    Even though the remaining startups may not have won a prize, they will be considered for qualification into the TOP100 Finale at Echelon Asia Summit 2017 this June 28-29 in Singapore and the e27 platform will continue to support them by connecting them to various stakeholders and investors in the regional ecosystem all year around.

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  • Tata Aims to Build on Recent Truck Gains in Thailand

    Tata Aims to Build on Recent Truck Gains in Thailand

    Indian automaker Tata is moving production in Thailand as part of a company reset that aims to increase its Thai sales 83% this fiscal year to roughly 3,000 units.

    With a 10-year contract up at the Thonburi Automotive Assembly Plant in the south of Bangkok, Tata has signed a renewable 5-year pact with the Bangchan General Assembly plant, 20 miles (34 km) west of central Bangkok.

    Since its opening in 1970, Bangchan has been the home to assembly operations for 14 brands.

    Production will begin at Bangchan after the installation of assembly equipment at a cost the Bangkok Post puts at TB500 million ($14.5 million). The facility will have a capacity of 8,000 Tata Xenon pickups and 2,500 Tata Super Mint pickup trucks in a 1-shift operation.

    Tata says Xenon production will launch in September.

    The automaker says its Tata Super Ace line will be assembled in both right-hand and left-hand drive versions.

    To help reach its local sales target, Tata says it also will introduce more models to local showrooms.

    Tata Thailand CEO Sanjay Mishra says sales grew 19% year-on-year in the 2016 fiscal year ending March 31. “Fiscal year 2016 marked Tata’s best retail performance in Thailand ever,” he says in a statement.

    “Fiscal-year 2017 is a big step for the company’s future – we are making announcements for exciting new models as well as assembly upgrades and initiatives, new investment for the Super Ace Mint small truck and emerging opportunities that will deliver profitable and sustainable growth in Thailand.”

    Sales of Xenon pickups, the automaker’s core product in the Thai market, rose 38% to 1,398 units last year, The Nation newspaper reports.

    “With the major-change Xenon pickup to be launched in Q4 of this year, we expect to deliver 2,100 units of the new model – 1,800 domestic and 300 export – 500 units of the Super Ace Mint truck for a market share of about 10% for this type of car, 300 units of the Ultra and 100 units of heavy trucks this year,” Mishra says.

    “Our goal is being a full-range trucking solution provider, and we will be the only player in the entire commercial-vehicle segment.”

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  • Hitachi aims to become leader of Thai elevator market by 2020

    Hitachi aims to become leader of Thai elevator market by 2020

    Hitachi’s elevator and escalator distributor in Thailand is projecting aggressive sales growth to restore its top position in the local market in the next three years.

    Michael Tang, vice president of Hitachi Elevator (Thailand) Co., who has taken on a new role as head of its sales and marketing unit, said the company aims to increase its market share to 25 percent in 2020 from the current 17 percent in pursuit of market leader Mitsubishi Electric Corp.

    Hitachi was the market leader before the Asian financial crisis in 1997, which caused sales to decrease, Tang said.

    To attain the goal, the company needs to achieve annual sales growth of 20 percent on average and is seeking to sell 1,000 units this year, up 18 percent from 850 units in 2016. Of the 2017 total, elevators are expected to account for 70 percent and escalators 30 percent.

    Thailand’s elevator and escalator market, totaling about 5,500 units last year, is expected to grow 3 to 5 percent this year thanks to business expansion in the real estate and retail industries as well as public utility development in the country.

    Demand for home elevators will grow significantly in the next one to two years due to the rapidly aging population in Thailand, Tang said.

    The company forecasts that demand from the private sector, especially department stores and hospitals, will increase as government spending on infrastructure projects will motivate them to invest more, boosting the sales ratio of that sector to 65 to 80 percent in 2020.

    Hitachi expanded the annual capacity of its Thai plant from 1,500 units to 2,500 units last year and opened a regional training center in the country early this year to train and educate engineers from other Asian countries as well.

    The Japanese company plans to continue selling Thai-built products in overseas markets, expecting to boost the Thai arm’s revenue from exports to 60 percent of the total in 2020 from 10 percent at present.

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  • AEON in Collaboration with Bangkok Bank launches “Get A Chance to Win Gold with AEON”

    AEON in Collaboration with Bangkok Bank launches “Get A Chance to Win Gold with AEON”

    Mr.Nuntawat Chotvijit, Marketing Director of AEON Thana Sinsap (Thailand) Public Company Limited (second left) together with Ms. Prassanee Ouiyamaphan, Executive Vice President of Bangkok Bank (center), and Mr. Arjharn Petchdee, Senior Vice President of Bangkok Bank (second right), announced the launch of “Get A Chance to Win Gold with AEON” promotional campaign, which runs until June 30.

    AEON Your Cash cardholders are eligible to participate in the campaign by making cash withdrawals of at least 1,000 baht at Bangkok Bank ATMs. The prizes, worth 753,750 baht in total, include 5 gold bars worth 100,000 baht each and 25 (50 Satang) gold necklaces valued at 10,150 baht each.

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  • AIS projecting 5% revenue growth for 2017

    AIS projecting 5% revenue growth for 2017

    Thailand’s AIS is projecting a 5% increase in revenue and a 44% growth in ebitda this year as a result of strong growth in 4G customers.

    AIS VP of investor relations Nattiya Poapongsakorn as stating that the operator is expecting service revenue for the year of 129 billion baht ($3.75 billion), with the majority expected to come from data services.

    AIS’ total 4G customer base roughly doubled in the past 12 months to reach 12 million by the end of March, which compares to a 3G customer base of 24.6 million and a 2G subscriber base of 4 million.

    AIS aims to increase its revenue market share to 50% this year, up from 48% as of March. She said the operator’s 4G users have an ARPU of 400 baht, compared to just 250 baht overall.

    For the first quarter, AIS reported service revenue of 31.4 billion baht, with data services accounting for 57% of this.

    The operator meanwhile plans to spend around 45 billion baht to expand its networks in 2017, with 40 billion to be spent on mobile networks and the remainder on fiber infrastructure. But the company plans to reduce its handset subsidy budget after incurring subsidy costs of 10 billion baht last financial year.

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  • Viu debuts in Thailand

    Viu debuts in Thailand

    Viu has officially launched in Thailand, offering premium Asian content with Thai subtitles, comprising the latest dramas and variety shows from Korea and Japan.

    This brings the service to 15 markets including Hong Kong, Singapore, Malaysia, India, Indonesia, the Philippines and the Middle East namely Bahrain, Egypt, Jordan, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates.

    “The Hallyu which is sweeping across Asia is notable in Thailand and we are pleased to see that Viu has already recorded over 820,000 fans on Viu Thailand Facebook page even months before our launch,” said Janice Lee, managing director of PCCW Media Group.

    “Leading K-communities and die-hard Korean fans in Thailand all eagerly await Viu’s service launch to access our vast library of premium Korean and other Asian content,” said Lee.

    She said Viu research shows that 93% of online population in Thailand have watched videos on the web.

    “We are fully leveraging this surging trend with a two-pronged approach of our services: ad-supported free viewing of their favorite shows and subscription services with express content access and premium features such as unlimited downloads, 1080p HD video quality and ad-free video viewing,” said Lee.

    “As Thailand is one of the most highly Internet penetrated markets with Millennials who are very receptive to online video viewing and digital advertisements, we expect Viu Thailand to mirror the success we have in other Asian markets with healthy growth in subscription and advertising revenue in due course,” she added.

  • Nokia 6, Nokia 5 and Nokia 3 launched in Thailand Mobile Expo

    Nokia 6, Nokia 5 and Nokia 3 launched in Thailand Mobile Expo

    HMD Global, the home of Nokia phones, announced today at Thailand Mobile Expo 2017 that its first Nokia smartphone range – comprising of the Nokia 3, Nokia 5 and Nokia 6 – will be available in June in Thailand. Nokia 3 will be available second week of June 2017 while Nokia 5 and Nokia 6 will be available by end of June.

    Unveiled earlier this year at Mobile World Congress in Barcelona, the devices combine superior craftsmanship, distinctive design and powerful entertainment features with a pure Android experience, giving you the ability to use your phone, your way.

    James Rutherfoord, Vice President Asia Pacific at HMD Global commented “Thailand is one of the smartphone capitals of Asia and engagement on devices is extremely high. When it comes to smartphones, Thai consumers want high build quality and beautiful design from a trusted brand. We are very happy to bring Nokia 3, Nokia 5, and Nokia 6 with a pure Android experience into Thailand and we are looking forward to introducing more products in the months to come.”

    Nokia 6: Powerful entertainment experience and superior craftsmanship

    Combining superior craftsmanship and distinctive design with an immersive audio experience and a 5.5” full HD screen, the new Nokia 6 delivers a truly premium smartphone experience. The unibody of the Nokia 6 is crafted from a single block of 6000 series aluminium and is perfect for those who want a robust phone with outstanding entertainment credentials. The smart audio amplifier with dual speakers allow consumers to experience a deep bass and unmatched clarity, whilst Dolby Atmos® sound delivers a powerfully moving entertainment experience.

    With outstanding colour reproduction, the Nokia 6 has a fully laminated display stack delivering excellent sunlight readability without compromising the slim form. Powered by the Qualcomm® Snapdragon™ 430 mobile platform and the Qualcomm® Adreno™ 505 graphics processor, the Nokia  6  strikes  the  perfect  balance  between  performance  and  power consumption,   designed   to   deliver   premium   quality   entertainment   with   battery   life   to   spare, maximising your entertainment experience on the go.  The Nokia 6 is available in four distinct colours – Matte Black, Silver, Tempered Blue and Copper. 

    Nokia 5: Seamless, premium and durable design

    The Nokia 5 has been precision engineered out of a single block of 6000 series aluminium to create a perfect pillowed body that flows seamlessly into the laminated 5.2” IPS HD display with sculpted Corning® Gorilla® Glass. Featuring a ground-breaking innovation in antenna design the Nokia 5 brings robust structural integrity, attention to detail and the quality of a high-end flagship. Powered by the Qualcomm® Snapdragon™ 430 mobile platform, Nokia 5 delivers excellent battery life, improved graphics performance – all in a package that perfectly balances everyday usability with a premium quality design. With additional features including an 8MP, 84-degree wide-angle front facing camera – to squeeze even more scene into your selfie – and excellent sunlight and low light screen visibility, there are plenty of reasons to keep the Nokia 5 out of your pocket and in your hand where it belongs.

    The Nokia 5 is available in four distinct colours – Matte Black, Silver, Tempered Blue and Copper.

    Nokia 3: Superior craftsmanship at an affordable price

    This stunning new smartphone is designed to deliver an outstanding experience with unprecedented value.  The Nokia 3 features a precision machined aluminium frame forged out of a single piece of aluminium, offering exceptional structural integrity and protection where it counts. Featuring a fully laminated 5” IPS display with no air gap and sculpted Corning® Gorilla® Glass, the Nokia 3 offers durability and superb clarity delivering a viewing experience that is second to none. With fewer reflections thanks to the polarised screen, the experience is crisp and clear offering unbeatable visibility even in bright sunlight. With seamlessly integrated 8MP wide aperture cameras (front and back), the Nokia 3 packs a truly premium quality smartphone experience into its compact and elegant form. The Nokia 3 is available in four distinct colours – Silver White, Matte Black, Tempered Blue and Copper White.

    Always Pure Android

    With all Nokia smartphones you will always have the latest pure Android experience for your device. With monthly security updates your Nokia smartphone is safe, up-to-date as well as clutter-free – putting choice at the heart of the consumer experience.  And with the latest Android come the latest features including the latest capabilities of Doze, which saves battery life while the phone is in a pocket or bag. The new Nokia smartphones feature Google’s most recent innovation, the Google Assistant, building further on a great Android experience. Our teams have worked together to ensure conversations with the Google Assistant happen seamlessly on Nokia smartphones.

  • AOT concession revenues up by 6.49% across Thai airports

    AOT concession revenues up by 6.49% across Thai airports

    Non-aeronautical revenues accounted for 43% of the total generated by Airports of Thailand (AOT) within its HY1 fiscal year period, at the country’s 38 airports (October 2016 to March 2017).

    These include the most significant civil aviation airports of Suvarnabhumi and Don Mueang in Bangkok, plus AOT’s four regional airports handling international traffic, including Chiang Mai, Phuket, Hat Yai and Mae Fah Luang-Chiang Rai.

    Over the six-month period the two main airports of Suvarnabhumi and Don Mueang respectively handled 29.9m passengers (+4.36%) and 18.5m (+7.47%).

    Concession revenues for the six months, including those from King Power International Group (KPIG), came in at Bht27,277.86m (+6.49%) as net profits over the same period were recorded at Bht11,496.13m (+14.26%). At the same time, EBITDA was reported at Bht17,066.87m (+6.37%).

    In a statement, Airports of Thailand said: “The overall aviation industry of Thailand during October 2016 to March 2017 improved compared to the same period last year.

    Chinese Tourist Numbers Increase

    “The number of Chinese tourists who visited Thailand has recovered after an extreme decline around the end of the year 2016 as a consequence from the repressive measures against illegal tours by the government.

    “The recovery of Chinese tourist numbers resulted from an adaption of the entrepreneurs. The entrepreneurs offered high quality tour packages which attracted potential tourists to Thailand.

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  • AEON Your Cash Awards 1 Million Baht Worth of Gold to Lucky Winner

    AEON Your Cash Awards 1 Million Baht Worth of Gold to Lucky Winner

    Ms.Saranya Pipoppinyo (right), Vice President Marketing of AEON Thana Sinsap (Thailand) Public Company Limited, awarded a gold bar, valued at 1 million baht, to Ms. Jirarat Khunthong, a lucky winner from Trang province, as part of “Win Gold Worth THB1 Million with AEON”. The campaign was eligible for AEON Your Cash customers who withdrew cash or transferred Your Cash loan at least 1,000 baht from 1 January – 28 February 2017.

  • Thai Giant Rubber Maker’s Capacity in Indonesia Will be Raised by 60,000 Tons

    Thai Giant Rubber Maker’s Capacity in Indonesia Will be Raised by 60,000 Tons

    Sri Trang Agro-Industry, the world’s largest producer of natural rubber, plans to increase annual capacity by 20% to 2.9 million tons by year-end to take advantage of a market recovery.

    The company accounts for about 30% of output in its home market of Thailand, the largest rubber-producing country. It aims to expand its global market share from 12% now to 20% in two to five years, said Veerasith Sinchareonkul, an executive director.

    Sri Trang will invest 2.5 billion baht to 3 billion baht ($72.1 million to $86.5 million) in new production lines, including new manufacturing facilities for sheet, block and liquid rubber in northeastern Thailand with annual capacity totaling 86,000 tons.

    Capacity at Indonesian facilities will be raised by 60,000 tons. The company also intends to step up output of medical gloves made from natural rubber, of which it is among the top five manufacturers worldwide.

    Sri Trang operates 35 plants and owns rubber plantations spanning 80 million sq. meters. Consolidated sales grew 26% on the year to 77.2 billion baht for the fiscal year ended Dec. 31. The company booked a net loss of more than 700 million baht, down from a 1.1 billion baht profit in fiscal 2015.