Posts published in “Thailand”

Ascend Money, Southeast Asia’s finance juggernaut under the dynamic leadership of co-president Monsinee Nakapanant, has been making waves in the ever-evolving digital finance landscape. Charting a course towards financial inclusion, this trailblazing fintech arm of the Charoen Pokphand Group claimed the title of Thailand’s first fintech unicorn back in 2021. Fast-forward to today, and the company has its sights set on the glittering heights of the Nasdaq stock market, a grand vision spearheaded by its founder and chairman, Suphachai Chearavanont. With approximately 32 million active customers in Thailand alone, Ascend Money is certainly not one to rest on its laurels. Ms. Monsinee brims with pride as she reflects on the transformative journey she has steered with Ascend Money. “Leading this mission to redefine financial access in Southeast Asia has been incredibly rewarding,” she shares. “Reaching over 32 million users in Thailand stands as a testament to our success in providing…

Imagine being a maestro orchestrating grand symphonic success amid a cacophony of uncertainty. That’s precisely what Uthai Uthaisangsuk achieved as he expertly guided Sansiri Plc—a listed developer on the Stock Exchange of Thailand—through the turbulent waters of the pandemic. His “speed to market” mantra didn’t just lead Sansiri through the chaos; it catapulted the company’s growth to unprecedented heights, turning lemons into lucrative condos. Back in early 2020, as the whispers of Covid-19 began to crescendo into a global uproar, most companies were left wondering how long the discord would last. Sansiri, however, moved at allegro pace. Holding a sizable inventory of condos worth a jaw-dropping 20 billion baht, they gambled on substantial discounts that sang to buyers and brought in much-needed cash flow. Was it risky? Absolutely. Was it genius? Undoubtedly. It was an aria of adaptability sung in a stagnated market. Sansiri’s symphony played in full swing despite…

The Thai government’s plans are soaring to new heights with a bold target on the horizon. In an ambitious endeavor to solidify Thailand’s reputation as the aviation hub of the region, the Deputy Transport Minister, Manaporn Charoensri, has laid out the vision to handle a staggering one million flights nationwide next year. This plan is gaining altitude following the recent inauguration of Suvarnabhumi Airport’s third runway earlier this month. Propelled by this new development, there’s a tremendous buzz around how this will also serve to turbocharge tourism and reinvigorate the economy. Taking a glance back, the numbers for the 2024 fiscal year reveal a bustling aviation scene, with flights nationwide reaching an impressive total of 836,513. This figure marks a significant 16% uptick compared to the previous year, showcasing a vibrant recovery as aviation traffic builds up steam again. The magnificent Suvarnabhumi Airport, Thailand’s prime international gateway, played host to…

Amid the bustling activity at Suvarnabhumi airport in the vibrant province of Samut Prakan, one can almost feel the pulse of progress as passengers check in. The scene is a prelude to a transformative vision outlined by the Transport Ministry, with an aim to elevate Thailand into the crown jewel of regional transport hubs. Enter Deputy Transport Minister Manaporn Charoensri, sharing insights hot off the tarmac from the prestigious 59th Directorate General of Civil Aviation (DGCA) Conference that took place in the picturesque Philippines, where aviation leaders from 47 different nations came together from October 14-18. The conference didn’t just focus on the present but peered into the future, forecasting air passenger numbers to soar to dizzying heights, doubling over the next two decades. This surge calls for robust infrastructure investment, particularly in the bustling Asia-Pacific realm. Against this backdrop, the conference unveiled the “Net Zero Roadmap: Decarbonise Your Airport”…

As the political gears in Thailand continue to spin, the spotlight now falls on the House Speaker, Wan Muhammad Noor Matha, who recently confirmed some compelling tidbits that have the politically attuned buzzing. In the bustling corridors of power, the good news for those eager for constitutional amendments is that the much-anticipated parliamentary debate on charter amendment bills is slated for the upcoming session set to kick off in December. Though the curtains are closing on the current session this Wednesday, December 15-16 promises a theatrical comeback for parliamentary discussions that aim to modernize sections of the 2017 constitution. This decision, Wan Muhammad Noor Matha revealed, comes after a high-stakes consensus among the government, opposition, and Senate whips. A lingering question hovered over the decision: What’s the rush? Turns out, the intricacies and heavy lifting required for such substantial legislation need more than just a few odd days of patriotically…

D-PREP International School is throwing open the doors to its dazzling new Secondary Campus—a crowning achievement in its mission to deliver exceptional education from the littlest learners in Nursery right up through Grade 12 graduates. This state-of-the-art campus is poised to propel D-PREP forward in its commitment to holistic education and leadership cultivation in a sleek, contemporary setting. As a proud member of XCL Education, a visionary network of schools reaching over 29,000 students across Southeast Asia, D-PREP is singularly focused on blending cutting-edge educational philosophies with real-world readiness. What’s more, it stands in sisterhood with XCL American School of Bangkok, Sukhumvit, forming a powerhouse of learning excellence. The anticipation peaked on the enchanting morning of October 24, 2024, at precisely 9:00 AM, as the Grand Opening Ceremony commenced with an aura of excitement. Esteemed educators, visionaries, and community luminaries gathered to mark this momentous occasion. The event was graced…

In an era where sustainability is more than just a buzzword but a necessity, Bangchak Corporation Public Company Limited and Charoen Pokphand Foods Public Company Limited (CPF) have stepped up to the plate in a major way. These two powerhouses have signed a business sustainability cooperation agreement to produce Sustainable Aviation Fuel (SAF) from a rather unlikely source—used cooking oil. The commemoration of this groundbreaking partnership took place on October 28, 2024, with key figures like Mr. Chaiwat Kovavisarach, Group Chief Executive Officer and President of Bangchak, and Mr. Prasit Boondoungprasert, Chief Executive Officer of CPF, at the helm. Also present were Mrs. Gloyta Nathalang, Senior Executive Vice President of Sustainability Management and Corporate Communications at Bangchak, and Ms. Kobboon Srichai, Head of Corporate Affairs and Investor Relations at CPF, adding their signatures and voices of support. The event was set against the backdrop of CP Tower on Silom Road,…

Thailand’s legendary fashion institution, JASPAL, is poised to breathe new life into the fashion world with the introduction of “JASPAL Edit”—a thrilling series of collaborations starring the nation’s foremost style connoisseurs. Stepping into the spotlight to inaugurate this thrilling campaign is none other than the “NOTSOBASIC” capsule collection, brought to life by the talented fashion director Jongkol Palarit. A trailblazer in Thailand’s fashion media, Palarit stands as a beacon of style, known for her distinct aesthetic that infuses minimalist designs with intricate detailing and effortlessly sophisticated color schemes. “JASPAL has been a beloved Thai brand for over five decades,” exclaims Vilasinee Singhsachathet, General Manager of Jaspal Public Company Limited. “Our journey has been marked by a dynamic global perspective and avant-garde style. This philosophy has catalyzed partnerships with acclaimed fashion houses across the globe. With the launch of the ‘JASPAL Edit’ series, we are reinforcing our brand essence by teaming…

Imagine gliding through airport security without the need to repeatedly flash your passport or keep track of your worn-out boarding pass. That’s about to become a thrilling reality at six of Thailand’s busiest airports! Picture this: facial recognition technology taking center stage, making your travel experience smoother and more efficient than ever before. Beginning November 1st, domestic travelers in Thailand will experience this innovative revolution, while international jet-setters get their turn come December 1st. Kirati Kitmanawat, the visionary director of the Airports Authority of Thailand, has revealed plans to implement an automated biometric identification system at some of the country’s most frequented gateways. The future of seamless travel is almost here, folks! Now, here’s how it works. When you arrive at the airport, simply head over to the check-in counter or utilize the nifty self-service check-in kiosks. You’ll need to give the system a digital ‘thumbs up’ to access your…

The drama around The iCon Group case has turned another page, as on a typical Monday, the Central Investigation Bureau (CIB) conjured up quite the spectacle, delivering 18 substantial boxes filled with grievances and damning evidence to the Department of Special Investigation (DSI). With a flourish, the case ascends to “special” status—a nod to the labyrinthine layers of intrigue it promises. Imagine, if you will, a veritable treasure trove of tales—from 325 embittered souls—woven into these boxes, speaking of a pyramid scheme that would put the pharaohs to shame. At the core of this storm, the iCon Group allegedly orchestrated a web of online sales through a network of agents and their trusted sellers, all peddling products with promises as slick as their marketing tactics. Amidst the flurry, CIB Deputy Commissioner Pol Maj Gen Suwat Saengnum emerged as the charioteer of this bureaucratic convoy, acknowledging that these 18 boxes were…