Showing 1 - 10 of 21
IRPC Secures 5 Billion Baht Sustainability Loan
Published on 14/06/2024
» Somrudee Charoenkrongsakul, Acting Senior Manager of Treasury, representing IRPC Public Company Limited (IRPC), received a 5 billion Baht sustainability loan from Papakorn Ratanaseth, Deputy Director of Government Savings Bank (GSB). This marks the first instance of a bank incorporating ESG scores in its lending decisions, favouring businesses with positive environmental impacts and promoting green finance. IRPC received an excellent ESG score due to its responsible business practices towards society, communities, and the environment. The loan will be used to invest in refinery efficiency improvements and upgrade diesel quality to Euro 5 standards, reducing pollution and PM 2.5 emissions, aligning with the company's Eco Factory policy.
Double A Issues Bonds with Up to 5.80% Interest
Published on 13/06/2024
» Double A is set to offer bonds 1/2024 worth up to 2.5 billion baht, with subscription open from 1-4 July 2024. The company reports continuous strong performance, with TRIS Rating giving it a BBB (Stable) rating, reflecting the business's strength.
Hylife Group Celebrates Grand Opening of their New Headquarters, Signaling Growth and Innovation
Published on 11/06/2024
» Hylife Group marked a new chapter on the 7th of June with the grand opening of its state-of-the-art headquarters in Hang Dong District, Chiang Mai. Led by Group CEO Mr. Shubhodeep Das, the event welcomed over five hundred guests, including board members, employees, and business partners from Thailand and international markets like Singapore, Korea, Australia, and India. This move signifies Hylife's commitment to continued growth and providing exceptional service.
Bangna-Trad: Prime Spot for Investors in 2024
Published on 11/06/2024
» Bagna-Trad is this year’s hot location as a gateway to the Eastern Economic Corridor (EEC) special development zone, with government investment in transport driving projects along the EEC line to the three coastal airports and east to the Bangna-Trad highway.
BU x Berkeley SkyDeck Hackathon: Inspiring Innovation
Published on 10/06/2024
» The Hackathon contestants comprised teams of 2 – 4 undergraduate or graduate students. Participants had to develop and pitch their business projects in English. The competition included a preliminary round where teams submitted provisional business projects online via a 5-minute video clip. The final round was a 2-day hackathon at Bangkok University, where teams refined and pitched their complete business projects, covering pain points, business solutions, business plans, and financials.
CMG Expands Portfolio with JUNG SAEM MOOL
Published on 07/06/2024
» Central Marketing Group (CMG), part of Central Retail Corporation and Thailand's leading brand retailer with over 30 world-class lifestyle brands in its portfolio, is delighted to announce it has become the exclusive JUNG SAEM MOOL distributor in Thailand. Embracing the growing K-Beauty trend, CMG is confident that welcoming this popular make-up brand will help achieve over 20% sales growth in the beauty product category in 2024.
The Mall Group Expands Tourism Network with 35 Partners
Published on 05/06/2024
» The Mall Group marches forward to join forces with their various tourism industry partners, including hotels, airlines, international payment platforms, travel websites, and others, to form a Tourism Ecosystem and expand the Tourism Network. This aims to attract foreign tourists, which the latest expansion has seen the partnering with 16 leading airlines, international payment platforms, and leading international travel websites to offer remarkable experiences and super special privileges, beyond any other offers for foreign tourists, at The Mall Group’s department stores. The collaboration is targeted to attract foreign tourists during June to August, which for many countries is the summer holiday period for schools.
GSB and BAM Form 1 Billion Baht Debt Relief Venture
Published on 31/05/2024
» Government Savings Bank (GSB) has partnered with Bangkok Commercial Asset Management (BAM) to establish a joint venture, ARI Asset Management Co., Ltd. (ARI-AMC), with a capital investment of 1 billion baht. ARI-AMC will purchase and transfer non-performing loans (NPLs) from GSB over the course of three quarters in the fiscal year 2024, providing assistance to over 500,000 accounts of small and medium-sized enterprise (SME) debtors and credit card debtors.
KBank Hosts "EARTH JUMP 2024" Forum for Low-Carbon Economy
Published on 31/05/2024
» Kasikornbank Public Company Limited (KBank) organised the "EARTH JUMP 2024: The Edge of Action" event for the second consecutive year, highlighting the growing awareness among Thai businesses of the impact of global warming on their survival. Prime Minister Srettha Thavisin delivered a keynote address outlining the nation's goals and direction regarding clean energy. Over 40 global and Thai leaders shared their knowledge to help elevate Thai businesses and society towards a low-carbon economy. More than 2,000 attendees gained insights into opportunities, regulations, financial support, and experiences from businesses that have already adapted to a low-carbon economy.
GSB Grants 48 Billion Baht on ESG Scores
Published on 30/05/2024
» Government Savings Bank, led by Paphakorn Ratanasate, Senior Executive Vice President, stated, “Government Savings Bank has adhered to our commitment as a Social Bank, proceeding with sustainable operations covering environment, society, and governance aspects through Green Finance. For the first time, the banking business has engaged an organisation's ESG Score as part of the credit loan approval process. Large-sized business customers are our preliminary group for GSB to enable credit approval alongside special interest rate reduction conditions for organisations accredited with a good ESG score by operating businesses focused on society, community, and environment.”