In a bold move towards a more sustainable future, UOB Thailand has recently extended a remarkable THB 1.5 billion sustainability-linked loan (SLL) to Mitr Phol Sugar Corp Ltd. As one of the globe’s sugar titans, ranking fourth in the world, Mitr Phol plans to utilize this investment to bolster its working capital while fiercely championing its sustainability mission. This partnership is a testament to UOB’s dedication to intertwining social inclusiveness, environmental consciousness, and economic advancement, as highlighted by Ms Panitsanee Tansavatdi, the dynamic Head of Corporate Banking at UOB Thailand. Mitr Phol has long been celebrated as a vanguard in sustainable methodologies, garnering a stellar ESG Score of 85 from the renowned S&P Global in 2023. This puts them head and shoulders above many industry peers, particularly in the realms of environmental and social governance, solidifying their reputation for corporate stewardship. The SLL serves as more than just funds; it’s…
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ZTE Corporation, traded under 0763.HK and 000063.SZ, is a global powerhouse in integrated information and communication technology solutions. Recently, ZTE impressed attendees as the platinum sponsor at the W.Media Thailand Cloud & Datacenter Convention 2024. In the spotlight, ZTE unveiled its robust intelligent computing solutions, showcasing a suite of IDC full lifecycle services and groundbreaking technologies. Most notably, the company introduced an innovative liquid cooling-based data center solution aimed at tackling critical challenges in building efficient, scalable, and sustainable data centers. This launch was complemented by a comprehensive array of servers, storage, and cloud solutions perfectly crafted to cater to both general and intelligent computing needs. This strategic reveal further cemented ZTE’s commitment to expanding its influence in the Thai market and beyond. The W.Media event, a bustling hub for networking within Asia’s cloud and data center sector, served as the perfect stage for ZTE to showcase its state-of-the-art data…
As we bade farewell to the cosmos-themed extravaganza that was Thailand Space Week 2024, held from November 7th to 9th at the renowned Impact Muang Thong Thani, one cannot help but marvel at its record-breaking success. Gathering an impressive crowd of over 4,500 space enthusiasts, experts, and innovators, the event has firmly established Thailand’s burgeoning role as a cornerstone of space technology in Southeast Asia. Orchestrated with meticulous precision by the Geo-Informatics and Space Technology Development Agency (GISTDA) under the Ministry of Higher Education, Science, Research and Innovation (MHESI), this event was nothing short of a stellar collaboration. Over 70 prestigious entities threw their hats into the ring, creating a celestial lineup that included Japan’s Cabinet Office, ISPACE, the Electricity Generating Authority of Thailand, PTT Public Company Limited, Siemens, and Thaicom. The myriad of 100 exhibition booths was a testament to the galaxy of innovation that was on display. Thailand’s…
In an event that once again underscores their dedication to social responsibility, Sanofi, a prominent figure in global healthcare, has clinched the “Corporate Social Impact Award 2024 – Gold level” from the American Chamber of Commerce in Thailand (AmCham Thailand) for the fifth consecutive year. This accolade is a testament to Sanofi’s unwavering commitment to practices that emphasize both community growth and social responsibility. The company proudly stands at the forefront of initiatives that bolster the quality of life in Thai society while championing sustainability. At the recent gala held at the Avani+ Riverside Bangkok Hotel, Ms. Mantana Tanprasert, Head of Vaccines for Thailand and Myanmar, and Mr. Charles Trolliet, Head of Commercial Thailand, Pharma Business, were on hand to gracefully receive the award. From its very foundation, Sanofi Thailand has been an innovator in the realm of healthcare, tirelessly working to both prevent and address medical issues that impact…
Pulled by the tropical allure of shimmering blue waters and sun-drenched beaches, travelers have been flocking to Phuket airport in droves, leaving no seat unfilled in the regions incoming flights. But there’s a bigger magnet at play than simply sand and sea—it’s the thrilling world of sports tourism that’s redefining Phuket’s pace of life and economic prosperity. According to Lertchai Wangtrakuldee, the dynamic director at the Tourism Authority of Thailand’s (TAT) Phuket office, Phuket’s tourism industry is on a roll this year, poised to achieve a massive turnover of 500 billion baht. This financial windfall owes its success to a clever strategy that maximizes the island’s unique offerings and keeps the tourist taps flowing even during the so-called “low season” from May to October. “Who said we have a low season?” intrigues Mr. Lertchai with a twinkle in his eye. “We’ve transformed supposed lull times into peak periods by embracing…
The bustling world of social media has its shadows, and in the past year, these dark corners have seen fraudulent activities wreak havoc, particularly on Facebook, as highlighted by Mr. Prasert Jantararuangtong, Thailand’s Digital Economy and Society Minister. During a riveting briefing, focused on the accomplishments of the Anti-Online Scam Operation Center (AOC) from November 1, last year to November 14, this year, the minister laid bare some staggering insights regarding online deceit. With over 1.17 million grievances flooding the 1441 hotline, the AOC swung into action with the agility of a superhero battalion, prompting the suspension of 348,006 suspicious Facebook accounts. It’s a digital battleground out there, with reported financial wounds amounting to a jaw-dropping 19 billion baht due to online scams. Facebook, the favorite haunt of social butterflies, found itself the inadvertent arena for scam gladiators. With 26,804 fraudulent cases leading to a staggering 718 million baht in…
The Department of Employment (DoE) is sounding the alarm for eager job seekers across the globe: beware of treacherous scammers lurking in the shadows of social media, luring unsuspecting victims into a web of deceit. With promises that seem too good to pass up, they tempt individuals with non-existent dream jobs in the sun-kissed fields of Australia. Somchai Morakotsriwan, esteemed director-general of the DoE, unveiled this grim revelation yesterday, highlighting the cunning tactics employed by these fraudsters. With the digital age at their fingertips, scammers are weaving enticing tales through websites and Facebook pages. Picture this: an alluring promise of a handsome monthly wage ranging from 90,000 to 120,000 baht for a simple farming job Down Under. It doesn’t stop there; these con artists sweeten the pot by promising lengthy work permits spanning three to five years, painting an enticing picture of stability and prosperity. These meticulously crafted schemes even…
Imagine a world where a significant number of workers feel their voices resonate with the power needed to ignite change. In Thailand, that change is stirring, as the Labour Ministry embarks on an expedited journey to update the Labour Relations Act and the State Enterprise Labor Relations Act, ensuring that the country’s basic labor rights align with international standards. Leading this charge is the dedicated Labour Ministry spokesperson, Phumipat Mueanchan, who recently shared insights into these transformative efforts. According to Mr. Phumipat, Labour Minister Phiphat Ratchakitprakarn has passionately called for an acceleration of legal revisions to bring Thailand’s labor rights in line with the International Labor Organization’s (ILO) revered conventions. These revisions are not just minimalist tweaks—they are ambitious milestones aimed at empowering Thai workers with the right to collectively negotiate wages. Two pivotal ILO conventions, No. 87 (1948) and No. 98 (1949), serve as the guiding lights for this…
In a bid to catapult Thai airports to the pinnacle of global aviation, Airports of Thailand (AoT) has embarked on an audacious journey to place their airports among the world’s top 20 within just five years. It’s a lofty ambition, with a bold plan to mirror the success and efficiency of one of the all-time greats in the aviation sector – Singapore’s Changi Airport. Chayatan Phromsorn, the Permanent Secretary for Transport, announced the now official game plan: the Ministry of Transport has tasked AoT with a high-stakes mission to revamp Suvarnabhumi Airport, turning it into a beacon of excellence in the global airport rankings. His recent visit to Changi Airport involved a meeting with Yam Kum Weng, the CEO of Changi Airport Group (CAG), to explore potential avenues for collaboration. As the crown jewel of airport efficiency and luxury, Changi stands as a sparkling beacon, a contagious source of inspiration…
On a bustling Sunday afternoon, Pita Limjaroenrat, an influential advisor within the Progressive Movement, took to the heart of Udon Thani with a dream as vibrant as the energy in the streets. His mission? To transform this northeastern Thai city into a flourishing utopia where opportunity knocks at every door. As the campaign trail heated up in support of Kanisorn Khurirang, the People’s Party’s candidate for the Udon Thani Provincial Administration Organization (PAO) chief, Pita painted a hopeful vision for a city once neglected. The charismatic Pita shared tales from his travels abroad. There, amidst foreign lands, he encountered countless workers from Thailand’s Northeastern region, including those from Udon Thani. Their tales echoed like melodies of longing — stories of people who had left their homes despite the accolades of high wages, who yearned for simpler, happier lives back in the arms of their beloved homeland. It was their wish,…