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“AIS FANTIVAL 2024: A grand celebration for 51 million customers

14. December 2024

AIS proudly presents a spectacular year-end event, AIS FANTIVAL 2024, as a heartfelt thank-you to its valued mobile and home internet customers.

The post “AIS FANTIVAL 2024: A grand celebration for 51 million customers appeared first on The Story Thailand.

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Google Cloud introduces Google Agentspace, bringing AI Agents and AI-Powered Search to enterprises

14. December 2024

Google Cloud announced Google Agentspace, which unlocks enterprise expertise for employees with AI agents

The post Google Cloud introduces Google Agentspace, bringing AI Agents and AI-Powered Search to enterprises appeared first on The Story Thailand.

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UOB extends Bangchak group THB6.5billion loanfor Thailand’s first SAF plant

13. December 2024

UOB Thailand has extended loans under its Transition Finance Framework of five billion baht to Bangchak Corporation PCL and 1.5 billion baht to BSGF Co., Ltd

The post UOB extends Bangchak group THB6.5billion loanfor Thailand’s first SAF plant appeared first on The Story Thailand.

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AXTRART bebuts on the Stock Exchange

12. December 2024

AXTRART has officially commenced trading on the Stock Exchange of Thailand.

The post AXTRART bebuts on the Stock Exchange appeared first on The Story Thailand.

Les mer >>>

MR. D.I.Y. unveils a new flagship store in Seacon Square

12. December 2024

MR. D.I.Y. Thailand, has unveiled its new flagship store at Seacon Square Srinagarindra under the theme ‘Feel the Difference’.

The post MR. D.I.Y. unveils a new flagship store in Seacon Square appeared first on The Story Thailand.

Les mer >>>

Banpu NEXT establishing JV for commercial EV fleet services in Thailand

12. December 2024

Banpu NEXT, has scaled up its e-Mobility business by establishing a joint venture company with Marubeni and Fuyo

The post Banpu NEXT establishing JV for commercial EV fleet services in Thailand appeared first on The Story Thailand.

Les mer >>>

TikTok partners with BMA to amplify BKK Food Bank project

12. December 2024

TikTok partnerwith the Bangkok Metropolitan Administration by mobilizing TikTok Top Creators to enhance the "BKK Food Bank" project.

The post TikTok partners with BMA to amplify BKK Food Bank project appeared first on The Story Thailand.

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  • “AIS FANTIVAL 2024: A grand celebration for 51 million customers

    AIS proudly presents a spectacular year-end event, AIS FANTIVAL 2024, as a heartfelt thank-you to its valued mobile and home internet customers.

    The post “AIS FANTIVAL 2024: A grand celebration for 51 million customers appeared first on The Story Thailand.

    AIS proudly presents a spectacular year-end event, AIS FANTIVAL 2024, as a heartfelt thank-you to its valued mobile and home internet customers. Packed with endless surprises, boundless happiness, and unforgettable experiences, this grand celebration features exciting activities, exclusive giveaways, and appearances by the AIS Family presenters. AIS FANTIVAL 2024 reflects the brand’s unwavering commitment to being a trusted companion, enhancing every aspect of life with limitless digital innovation. Join us for a joyful and engaging experience, as we celebrate the trust and loyalty of over 51 million customers.

    Somchai Lertsutiwong, Chief Executive Officer AIS, said, “Today, AIS has elevated its operations to become a service provider capable of delivering digital experiences that fully meet the digital lifestyles of customers and Thais. From mobile network services, which are now the strongest in the industry with AIS 5G covering over 95% of the population area, to being confirmed by Ookla® in 2024 and Open Signal in 2024, guaranteeing AIS 5G as the best 5G network in Thailand across all dimensions. This includes our fixed broadband, which is the largest and most ready, covering more than 13 million households.

    This has earned us the trust of over 51 million customers who have made us part of their daily digital lives. I would like to take this opportunity to represent over 20,000 AIS employees to thank our customers and confirm that we are committed to providing the best digital services. We will deliver something truly special at AIS FANTIVAL 2024 at One Bangkok Park, or you can watch it for free on AIS PLAY, with NEVER-ENDING SURPRISES that bring excitement, fun, and grandness throughout the day.”

    • The activity booths bring special experiences for customers to win prizes throughout the day. At the AIS 5G AGENT CENTRE, join the fun with an Interactive Game and experience gaming through AR smart glasses from XREAL, aiming to find the highest scorer to win various prizes. AIS E-WASTE SQUARE invites you to drop off electronic waste in exchange for AIS points. AIS HOUSE OF FIBRE offers a real-life experience of high-speed home internet. AIS FASTLYMPIC simulates a badminton court to compete in speed with View-Kunlawut. AIS ZEEDZINEMA presents an interactive activity from the AIS Zeed Movie Lover X BUS campaign, along with an exhibition featuring full costumes from BUS (Because of You i Shine), only here for fans to capture unforgettable moments.
    • Enjoy experiences at AIS AIS POINTS PLAZA, where you can use 8 points to redeem free drinks and snacks from KOI The, GAGA, Karun, HAAB, and Gelatoni. Play the “Surprise to Make Your Heart Soar” game, where you can use 8 points to spin the wheel and win various prizes like Aunjai x Bad Meaw premium merchandise, LINE stickers, wallpapers with blessings from Goddess Lakshmi, and exclusive Go Go collection T-shirts. You also have a chance to win a grand prize — a New Electric Mini Cooper SE worth 1.72 million Baht by using 5 AIS Points.
    • Golden Hour, the hour of happiness, will feature special prize giveaways every hour from 11:00 AM to 3:00 PM. Customers attending the event will have a chance to win posters signed by AIS family artists, as well as exclusive access to the FAN-ZONE and limited-entry passes to see the presenters walk the green carpet.
    • The stunning Green Carpet, where AIS Family presenters will walk the green carpet, giving customers an exclusive chance to meet them up close.
    • Special performances at the FAN-ZONE by AIS Family presenters, including Tor-Thanapob, PP-Krit, Jung-Cullen, and BUS (Because of You i Shine), who are ready to provide full entertainment for everyone.

    “AIS FANTIVAL 2024 is an event that we have carefully organized to give a special gift to our customers during the joyous December period as we approach the New Year. I hope this event will be both a thank you for all the trust we’ve received and a way to share the energy as we welcome the New Year 2024. We promise to continue delivering the best service in all aspects, offering Never-Ending Surprises, Never-Ending Happiness to our customers forever,” Somchai concluded.

    Google Cloud introduces Google Agentspace, bringing AI Agents and AI-Powered Search to enterprises

    KBTG unveils strategic plan: The Year of Agentic AI 2025

    The post “AIS FANTIVAL 2024: A grand celebration for 51 million customers appeared first on The Story Thailand.

    14 December 2024
    The Movement
    https://www.thestorythailand.com/?p=144052
  • Google Cloud introduces Google Agentspace, bringing AI Agents and AI-Powered Search to enterprises

    Google Cloud announced Google Agentspace, which unlocks enterprise expertise for employees with AI agents

    The post Google Cloud introduces Google Agentspace, bringing AI Agents and AI-Powered Search to enterprises appeared first on The Story Thailand.

    Google Cloud announced Google Agentspace, which unlocks enterprise expertise for employees with AI agents that bring together Gemini’s advanced reasoning, Google-quality search, and enterprise data, regardless of where it’s hosted. Google Agentspace makes employees highly productive with a single prompt, helping them accomplish complex tasks that require planning, research, content generation, and actions.

    Mark Micallef, Managing Director, Southeast Asia, Google Cloud, said: “For enterprises, brilliance isn’t just about individual genius – it’s about the collective intelligence within an organization. But this brilliance is often hidden in silos, inaccessible to those who need it most, when they need it most. Our studies show that enterprise workers use an average of four to six tools just to ask a question and get an answer. With Google Agentspace, we’re providing enterprise workers with a team of AI agents that act as their helpful sidekicks. These AI agents help employees search for information, obtain insights, generate content, and take actions across enterprise systems – all with a single prompt, empowering them to focus on their most impactful work and unlock new levels of productivity.”

    Google Agentspace helps an enterprise software development team member find their assigned Jira bugs and send an email to their manager with these bugs listed

    Three ways in which Google Agentspace unlocks enterprise expertise:

    1. Information discovery across the enterprise: Google Agentspace gives employees a single, company-branded multimodal search agent that acts as a central source of enterprise truth for their entire organization. Building on the best of Google’s search capabilities, Agentspace can provide conversational assistance, answer complex questions, make proactive suggestions, and take actions based on a company’s unique information. It can do this across both unstructured data, such as documents and emails, and structured data, such as tables. Translation is also built into Agentspace, so employees can understand information when it originates in another language. With pre-built connectors for the most commonly used third-party applications like Confluence, Google Drive, Jira, Microsoft Sharepoint, ServiceNow, and more, employees can easily access and query relevant data sources, and make better decisions.
    1. Expert agents to automate your business functions: Google Agentspace is the launch point for custom AI agents that apply generative AI contextually. Now, enterprises can empower their employees in marketing, finance, legal, engineering, and more to conduct better research, draft content quickly, and automate repetitive tasks, including multi-step workflows. With Agentspace, enterprises can scale AI by hosting these agents in an intuitive interface where employees can easily discover and access all expert agents in one place. Soon, employees will be able to use a low-code visual tool to build and tune their own expert agents on Agentspace.
    1. New ways to interact and engage with enterprise data using NotebookLM: Google built NotebookLM to help users make sense of complex information, and now Google Cloud is bringing this capability to enterprises. With NotebookLM, employees can upload information to synthesize, uncover insights, and enjoy new ways of engaging with data, such as podcast-like Audio Overviews, and more. It’s the same experience millions of users love, now enhanced with security and privacy features for work. Sign up for the NotebookLM for enterprisesearly access program today.
    NotebookLM Plus in Google Agentspace provides insights on a company’s top revenue drivers with inline source citations, followed by an Audio Overview, based on earnings reports uploaded into the employee’s notebook


    With Google Agentspace, business analysts can effortlessly uncover industry trends and create compelling, data-driven presentations fueled by AI-generated insights. HR teams can revolutionize the employee experience with streamlined onboarding. Software engineers can proactively identify and resolve bugs, enabling them to build and iterate with greater efficiency, and accelerate deployment cycles. Marketers can unlock deeper performance analysis, optimize content recommendations, and fine-tune campaigns effortlessly to achieve better results. And with multi-language support, all employees – no matter their region – can now unlock enterprise expertise with agents.

    Finally, security is always top of mind. Agentspace is built on Google Cloud’s secure-by-design infrastructure, giving enterprises the peace of mind to confidently deploy AI agents across their organizations. In addition, Google Cloud provides granular IT controls, including Role-based Access Control, Virtual Private Cloud service controls, and Identity and Access Management integration. This ensures that enterprise data remains protected and compliant at all times.

    Google Cloud customers are already seeing great promise around connecting their employees with the wealth of their enterprise’s information:

    Dennis Seah, Chief Digital and Technology Officer, FairPrice Group, said: “Our team of over 12,000 dedicated staff is united by a shared purpose: to make every day a little better for our customers by keeping daily essentials within reach for all. As Singapore’s largest food retailer, we understand that our people are the key to delivering on our social mission. To empower them with the tools they need to put their best foot forward every day, we are building an organization-wide research and assistance platform with Google Agentspace, with the aim of reducing manual effort. Google Agentspace will equip our employees with both a seamless research assistant that searches across all our documents, internal systems, and even third-party applications, and a task assistant using natural language. Our ultimate goal is to improve knowledge discovery and streamline processes across our enterprise. By enabling our people to access and share knowledge effortlessly, we can foster improved customer experiences and enhanced operational efficiency.”

    Youssef Bakkali, Group Product Manager, Decathlon, said: “At Decathlon, we’re driven by a passion for sports and a commitment to innovation. Google Agentspace’s ability to connect teams with the right information from across the organization and provide self-service assistance is incredibly promising. Google Agentspace could become an essential enabler for product designers, marketers, and researchers, enabling them to make faster, more informed decisions, and ultimately deliver even better experiences for customers. Our cross-functional teams see its great promise to meet our needs – from data to workplace tools.”

    Alan Triggs, Chief Digital Officer, Nokia, said: “At Nokia, we create technology that helps the world act together, to connect and improve the world. Google Agentspace has the potential to revolutionize how our teams across Nokia find and leverage critical insights. We’re particularly excited by Google Agentspace’s ability to blend various data sources into quotes, and deliver personalized, contextually-relevant answers. By unifying our knowledge resources, providing AI-powered assistance, and automating workflows, we strive toward reduced time spent searching for information, faster decision-making, and improved collaboration and productivity.”

    Unlocking an organization’s collective brilliance is an investment in its future success. By connecting employees to enterprise expertise, they can create a more informed, innovative, and agile organization.

    Google Agentspace is generally available to customers globally via an allowlist. Sign up for the early access program today.

    The post Google Cloud introduces Google Agentspace, bringing AI Agents and AI-Powered Search to enterprises appeared first on The Story Thailand.

    14 December 2024
    Technology
    https://www.thestorythailand.com/?p=143989
  • UOB extends Bangchak group THB6.5billion loanfor Thailand’s first SAF plant

    UOB Thailand has extended loans under its Transition Finance Framework of five billion baht to Bangchak Corporation PCL and 1.5 billion baht to BSGF Co., Ltd

    The post UOB extends Bangchak group THB6.5billion loanfor Thailand’s first SAF plant appeared first on The Story Thailand.

    UOB Thailand has extended loans under its Transition Finance Framework of five billion baht to Bangchak Corporation PCL and 1.5 billion baht to BSGF Co., Ltd. in order to finance the construction development and working capital of Thailand’s first Sustainable Aviation Fuel (SAF) project. This deal is marked as the first Transition Finance facilities for hard-to-abate sector in Thailand.

    The project is designed to produce SAF from used cooking oil, marking a key milestone in the country’s transition to sustainable energy solutions. The SAF project is part of Bangchak’s strategic plan to advance in low-carbon businesses and sustainable innovations with potential to substantially generate a positive change in the Oil & Gas industry.  

    Ms Panitsanee Tansavatdi, Head of Corporate Banking, UOB Thailand, said “This transaction will continue to affirm UOB’s comprehensive support for Bangchak group while asserting our position as the primary relationship bank for supporting the group in key strategic areas related to their sustainability and energy transition plan. We are proud to be part of Bangchak’s pioneering SAF project, the first-ever in Thailand. 

    Through the Bank’s Transition Finance Framework, UOB can support a wide range of transition activities for hard to abate segment, including the production of low carbon alternative fuels, enhancements in operational efficiency, Carbon Capture and Storage (CCS) and Carbon Capture Utilisation and Storage (CCUS) and participation in voluntary carbon credit programmes. It will benefit greatly to the production of SAF, a sustainable fuel which would contribute to the decarbonisation of the aviation sector.”

    The facility is structured to provide carbon credit rebates to support Bangchak’s own decarbonisation goal – the first of its kind for UOB.

    Ms Phatpuree Chinkulkitnivat, Chief Financial Officer and Senior Executive Vice President, Accounting and Finance, Bangchak Corporation PLC said that “This project reflects Bangchak’s effort to reduce GHG emissions and transition our businesses towards carbon neutrality in 2030 and Net Zero in 2050. The partnership has enabled us to put our decarbonisation plan into action. We truly appreciate UOB’s commitment in supporting us along our sustainable journey.”

    SAF is made from sustainable resources that can be blended with conventional jet fuel to reduce emissions. The project takes advantage of Bangchak’s integrated value chain, with the ability to procure used cooking oil from Bangchak’s nationwide service stations and its partnership networks. The SAF output will be offloaded to Bangchak as the primary trading/marketing entity and supplied to customers such as fuel suppliers, airlines, and oil traders. Notably, Bangchak recently signed an offtake agreement with Shell International Eastern Trading Company in Singapore.

    Bangchak, a leading player in Thailand’s energy sector, is a Thai pioneer in producing SAF from used cooking oil. Through its subsidiary BSGF Co., Ltd, Bangchak has invested 8.5 billion baht in the development of SAF production at its Phra Khanong refinery in Bangkok, which is expected to

    commence operations by the second quarter of 2025, with a production capacity of one million litres per day. Using SAF will help reduce GHG emissions by approximately 80,000 tons of carbon dioxide equivalent comparing to conventional jet fuel.         

    BSGF represents a joint venture between Bangchak and BBGI PCL to build and operate Thailand’s first SAF production plant, in light of the growing demand for low carbon solutions in a traditionally carbon-heavy industry. The venture is 80 per cent owned by Bangchak and 20 per cent owned by BBGI.

    Bangchak has diversified its business from oil refineries and petrol stations to renewable energy generation and battery storage, as part of its green transition towards a low-carbon society.

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    The post UOB extends Bangchak group THB6.5billion loanfor Thailand’s first SAF plant appeared first on The Story Thailand.

    13 December 2024
    Sustainability
    https://www.thestorythailand.com/?p=143969
  • AXTRART bebuts on the Stock Exchange

    AXTRART has officially commenced trading on the Stock Exchange of Thailand.

    The post AXTRART bebuts on the Stock Exchange appeared first on The Story Thailand.

    Axtra Future City Freehold and Leasehold Real Estate Investment Trust (AXTRART) has officially commenced trading on the Stock Exchange of Thailand. This milestone follows its successful conversion from Lotus’s Retail Growth Freehold and Leasehold Property Fund (LPF), a strategic move aimed at unlocking sustainable growth opportunities. AXTRART holds a strong market position, listed as one of the top four in Thailand’s PF&REIT index, with total assets exceeding THB 32,000 million. The trust is committed to delivering consistent long-term returns to its unitholders.

    Sarnthor Mudhasakul, Managing Director of Axtra Future City Property REIT Co., Ltd, the REIT manager of AXTRART, stated, “Following the transfer of assets and liabilities from LPF to AXTRART on 26 November 2024, AXTRART has secured a prominent position within Thailand’s Property Fund & REIT (PF&REIT) index, ranking among the top four by market capitalization. This achievement is attributed to investments in 23 Lotus’s retail locations across prime areas nationwide, encompassing over 340,000 sq.m. of leasable space with a total value exceeding THB 32,000 million. AXTRART is managed by Axtra Future City Property REIT Co., Ltd. (AXTRARM), a specialist in retail property management and investment.”

    AXTRART began trading on the Stock Exchange of Thailand on 12 December 2024. Existing LPF unitholders recorded on the register at the unit transfer suspension date received AXTRART units at a 1:1 exchange rate, totaling 2,337,282,928 units.

    The conversion from a property fund to a REIT reduces expenses related to rights registration and legal transactions, ultimately increasing returns for unitholders. Importantly, AXTRART has a dividend policy of distributing dividends no less than four times per year, at a rate of no less than 90% of adjusted net profit for the fiscal year. Key advantages of AXTRART post-conversion include opportunities for further investment both domestically and internationally, focusing on high-quality retail properties in strategic locations, which offers significant growth potential. The REIT also benefits from higher borrowing capacity compared to the property fund, at 35% of total assets (60% with an Investment Grade credit rating), further enhancing opportunities for portfolio expansion and increased returns. Furthermore, the REIT’s internationally recognized management structure enhances credibility and attracts both domestic and international investors.

    AXTRART has consistently generated over THB 2,800 million in annual rental income, with THB 1,461 million generated in the first half of 2024. The REIT currently manages a portfolio of 23 Lotus’s shopping centers, comprising 80% freehold and 20% leasehold properties, with a total leasable area of over 340,000 sq.m. The portfolio includes:

    • 14 developments with land and building ownership: Srinakarin, Krabi, Prachachuen, Rangsit Klong 7, Thungsong, Sing Buri, Pranburi, Mahachai, Mae Sai, Ranong, Phuket, Salaya, Nakhon Si Thammarat, and Navanakorn.
    • 2 developments with partial land and building ownership and land lease rights: Samui and Phitsanulok.
    • 6 developments with building ownership and land lease rights: Amata Nakorn, Phetchabun, Lam Luk Ka Klong 6, Sena, Rangsit-Nakhon Nayok, and Bang Pu.
    • 1 development with land and building lease rights: Rama 1.

    “The conversion from LPF to AXTRART not only enhances potential returns for investors but also provides an opportunity to participate in the growing retail sector, driven by economic and tourism stimulus measures. Our strategically located assets mitigate renewal risks, generate stable income, and offer potential for future rental increases and expansion,” Sarnthor concluded.

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    The post AXTRART bebuts on the Stock Exchange appeared first on The Story Thailand.

    12 December 2024
    Business
    https://www.thestorythailand.com/?p=143970
  • MR. D.I.Y. unveils a new flagship store in Seacon Square

    MR. D.I.Y. Thailand, has unveiled its new flagship store at Seacon Square Srinagarindra under the theme ‘Feel the Difference’.

    The post MR. D.I.Y. unveils a new flagship store in Seacon Square appeared first on The Story Thailand.

    MR. D.I.Y. Thailand, has unveiled its new flagship store at Seacon Square Srinagarindra under the theme ‘Feel the Difference’. The store highlights the company’s growth and shows its commitment to delivering an enhanced customer experience.

    Spanning 1,280 square meters, this new concept store offers a modern shopping experience for Thai families with urban-inspired interiors, self-checkout counters, and a vibrant weekend activity zone that brings community spirit to life through approximately 15,000 SKUs across 6 main product categories at Always Low Prices.

    “This flagship store represents more than just growth – it reflects our commitment to creating better and improved retail experiences for our customers,” said Andy Chin, Chief Executive Officer of MR. D.I.Y. Holding (Thailand) Public Company Limited. “Every detail of this flagship store embodies our dedication to innovation, value, and customer satisfaction.”

    Over the past eight years, MR. D.I.Y. Thailand has grown its footprint to 900 stores nationwide and is consistently evolving its store concepts and product offerings. The decision to launch this flagship store at Seacon Square, one of the company’s top-performing locations since opening in year 2016, highlights its dedication to enhancing and uplifting the shopping experience. “Our focus is on delivering a shopping journey that entertains and inspires our customers while offering them daily essentials at Always Low Prices” Mr. Chin added.

    In addition to offering an expanded merchandise range, the store features an activity hub spanning 150 square meters to engage customers with hands-on DIY workshops, seasonal events, and creative crafting sessions throughout 2025, transforming shopping into a lifestyle experience.

    มิสเตอร์. ดี.ไอ.วาย. ลุยเปิดสาขาที่ 900 แฟลกชิปสโตร์แห่งใหม่ ณ ซีคอนสแควร์

    Looking ahead, MR. D.I.Y. Thailand is preparing to roll out similar flagship stores in A-class malls nationwide, blending accessibility with affordability while tailoring experiences for diverse customer needs. “Our goal is to introduce the new MR.DIY flagship concept into more A-class malls across Thailand” revealed Chin.

    The grand opening celebration at Seacon Square runs from 12 to 15 December 2024 on the 3rd floor, featuring exclusive promotions and engaging activities to welcome shoppers to this groundbreaking retail space.

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    The post MR. D.I.Y. unveils a new flagship store in Seacon Square appeared first on The Story Thailand.

    12 December 2024
    Business
    https://www.thestorythailand.com/?p=143874
  • Banpu NEXT establishing JV for commercial EV fleet services in Thailand

    Banpu NEXT, has scaled up its e-Mobility business by establishing a joint venture company with Marubeni and Fuyo

    The post Banpu NEXT establishing JV for commercial EV fleet services in Thailand appeared first on The Story Thailand.

    Banpu NEXT, has scaled up its e-Mobility business by establishing a joint venture company with Marubeni Corporation (Marubeni), a Japanese integrated trading and investment business conglomerate, and Fuyo General Lease Co., Ltd. (Fuyo), a leasing and financing services for corporate clients, to offer comprehensive commercial electric vehicle (EV) fleet services in Thailand.

    Thailand’s rapidly growing EV market, driven by government support and increasing consumer demand, presents a significant opportunity. Capitalizing on this momentum, the joint venture will offer a comprehensive suite of EV fleet solutions. This end-to-end approach covers the entire lifecycle, from initial consultation and vehicle procurement to ongoing operation, maintenance, and eventual replacement, including charging infrastructure installation, integrated management systems, route charging support, and battery reuse/recycling. This comprehensive service ensures seamless EV integration for businesses and supports the development of a circular economy model for secondary use of EV vehicles.

    Smittipon Srethapramote, Chief Executive Officer of Banpu NEXT, said: “This joint venture with Marubeni and Fuyo is a key milestone in Banpu NEXT’s commitment to accelerating Thailand’s e-mobility transition. Our new paradigm for commercial fleet services, which include leasing and other related options, will empower businesses to embrace electric vehicles, contributing to a more sustainable and prosperous future for Thailand.”

    This strategic partnership combines the strengths of each partner to offer a unique and comprehensive solution for commercial EV fleets in Thailand. Banpu NEXT, with operations in renewable energy, energy trading platforms, and utility-scale battery energy storage systems (BESS), which are the core infrastructure of e-mobility services, provides a strong foundation for the JV while also contributing to the country’s sustainable development goals.

    Marubeni operates mobility-related businesses, including automobile sales and after-sales services, globally. Additionally, it operates an EV fleet management business in Japan. In Thailand, Marubeni develops a wide range of businesses, including car maintenance and electric power businesses. In this project, Marubeni will leverage its extensive group network as a diversified trading conglomerate to facilitate business development and management.

    Fuyo Lease operates a comprehensive leasing business, encompassing auto leasing. It also provides one-stop EV services, including EV introduction, management, and peripheral equipment like chargers. Additionally, Fuyo Lease operates a logistics-related equipment leasing business in Japan. The company will leverage its expertise in these areas to promote the project’s EV auto leasing business and fleet management.

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    TikTok partners with BMA to amplify BKK Food Bank project

    The post Banpu NEXT establishing JV for commercial EV fleet services in Thailand appeared first on The Story Thailand.

    12 December 2024
    Business
    https://www.thestorythailand.com/?p=143826
  • TikTok partners with BMA to amplify BKK Food Bank project

    TikTok partnerwith the Bangkok Metropolitan Administration by mobilizing TikTok Top Creators to enhance the "BKK Food Bank" project.

    The post TikTok partners with BMA to amplify BKK Food Bank project appeared first on The Story Thailand.

    TikTok strengthens its partnership with the Bangkok Metropolitan Administration (BMA) by mobilizing TikTok Top Creators and platform communities to enhance the “BKK Food Bank” project. This collaboration aims to raise awareness and understanding of the efficient management of surplus food and goods, while encouraging people to join the campaign. Together, TikTok and BMA aim to deliver quality content in Thailand.

    Chadchart Sittipunt, the Governor of Bangkok said, “BMA launched the BKK Food Bank in 2022 with primary objectives to reduce inequality in access to food and essential items, establish food security for sensitive groups, and build a more sustainable society. We aim to expand awareness across all demographic groups to create genuine social change. TikTok’s platform capabilities and community power effectively complement this project, given its multi-million user base and distinctive position as an Entertainment Platform that seamlessly integrates educational content with entertainment. The BKK Food Bank project reflects BMA’s vision of becoming a city of sharing. In the two years since inception, we have achieved remarkable results: reducing carbon dioxide emissions by more than 2 million kilograms, establishing Food Banks across all 50 districts, and creating a point system that empowers vulnerable groups.”

    “I would like to thank TikTok and all Top Creators for their consistent cooperation with BMA, from the #ไม่เทรวม and #REactForChangeลองเปลี่ยนโลก projects, and hope we can promote a sustainable culture of mutual support,” Chadchart added.

    Chanida Klyphun, Head of Public Policy – Thailand, TikTok, said “TikTok fosters positivity and creative self-expression to empower the Thai community and drive meaningful change. For the Bangkok Food Bank initiative, TikTok is the main platform, partnering with top creators to raise awareness of sustainable food management. This aligns with our Smart Environment pillar, part of our broader commitment to supporting local communities across Thailand through tangible, impactful outcomes.”

    BKK Food Bank

    The BKK Food Bank project, initiated by BMA, aims to address social inequality and manage food surplus. Food waste constitutes 50% of total waste, requiring over 7.3 billion baht annually for management and significantly contributing to environmental issues. Throughout the project’s duration (February 28, 2023 – November 19, 2024), it has distributed more than 3.3 million meals to over 110,000 vulnerable individuals and reduced greenhouse gas emissions by more than 2 million kilograms of CO2. In less than two months of collaboration with TikTok (October 1 – November 19, 2024), the project has gained broader attention, distributing 1.1 million meals and reducing carbon emissions by more than 690,000 kilograms of CO2, demonstrating the true power of the platform’s community.

    For the #BKKFoodBank project, TikTok has invited Top Creators from various content categories to create positive content and promote the project across different dimensions:

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    The post TikTok partners with BMA to amplify BKK Food Bank project appeared first on The Story Thailand.

    12 December 2024
    Bangkok Story
    https://www.thestorythailand.com/?p=143824
  • Nvidia’s stock value grows 13x faster than five years ago

    US chipmaker Nvidia is enjoying another record-breaking year. After posting better-than-expected earnings for the past three quarters

    The post Nvidia’s stock value grows 13x faster than five years ago appeared first on The Story Thailand.

    US chipmaker Nvidia is enjoying another record-breaking year. After posting better-than-expected earnings for the past three quarters, largely driven by surging demand for its AI-related products and services, the company’s stock value has skyrocketed, adding trillions of dollars in market capitalization.

    According to data presented by AltIndex.com, Nvidia’s stock value soared by $2.26 trillion year-to-date, or thirteen times more than its year-over-year gain just five years ago.  

    Nvidia’s Stock Value Growth Outpaces Meta by 6x and Alphabet by 22x

    Ever since revealing how much it expects to profit from the rise of artificial intelligence last year, Nvidia has been leading the AI stock market rally. Its financial results have consistently been pivotal moments for the market, with the company exceeding expectations every time. This success has driven a 26-fold increase in stock value over five years, a feat few tech giants can match.

    In 2024 alone, Nvidia’s stock value more than doubled, positioning it as the world’s second most valuable company behind Apple, after shortly surpassing the US tech giant earlier this year.  Nvidia’s stock value is growing much faster than five years ago.

    According to AltIndex analysis, Nvidia’s stock value growth has accelerated thirteen times since 2020. That year alone, the company added $174 billion to its stock value, compared to $2.26 trillion in 2024, three weeks before the year’s end.

    This figure is even more impressive when compared to other AI giants, who also saw their stock values skyrocket in the past five years. For instance, Nvidia’s stock value has accelerated six times faster than Meta’s and 22 times more than Alphabet’s. The social media giant added $655 billion to its market cap year-to-date, up from $215 billion in 2020. Alphabet’s annual stock value gain jumped from $266 billion to $412 billion in this period, representing a 54% increase. Other AI giants are adding less value to their market caps than five years ago.

    Statistics show Apple’s year-to-date gain stood at $667 billion last week, compared to over $1 trillion added in 2020. Microsoft’s gain remained unchanged at around half a trillion dollars year-over-year, while Tesla’s dropped from $570 billion to $418 billion in five years.

    Five-Year Gain Climbs to $3.34 Trillion

    With more than $2.2 trillion added in 2024, Nvidia’s five-year stock value gain now stands at a remarkable $3.34 trillion, despite a $411 billion dip during the 2022 tech downturn.

    That means that Nvidia’s five-year stock value growth is 43% higher than Apple’s, 57% higher than Microsoft’s, and 175% more than Alphabet’s. Statistics show Tesla and Meta saw only one-third of Nvidia’s growth in the past five years, with roughly $1 trillion added to their market caps, respectively.

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    The post Nvidia’s stock value grows 13x faster than five years ago appeared first on The Story Thailand.

    11 December 2024
    Business
    https://www.thestorythailand.com/?p=143710
  • Krungsri secures elite ‘The Asset ESG Corporate Platinum Award’ and ‘Best Sustainability Officer’

    Krungsri stands out as the only Thai corporate champion to secure the Platinum Award at The Asset ESG Corporate Awards 2024

    The post Krungsri secures elite ‘The Asset ESG Corporate Platinum Award’ and ‘Best Sustainability Officer’ appeared first on The Story Thailand.

    Krungsri stands out as the only Thai corporate champion to secure the Platinum Award at The Asset ESG Corporate Awards 2024, the highest level of distinction achieved by Krungsri for the fifth consecutive year. This award, bestowed by The Asset magazine in Singapore, recognizes companies with outstanding environmental, social, and corporate governance (ESG) practices, benchmarking them through a rigorous evaluation process.

    Complementary to the Bank’s sustainability excellence, Poonsit Wongthawatchai, Krungsri Executive Vice President, Head of ESG Division, becomes the country’s first and sole recipient of The Asset’s prestigious Best Sustainability Officer award, highlighting his long-standing pivotal role in advancing Krungsri’s sustainability agenda and engaging stakeholders.

    These achievements also underscore Krungsri’s unwavering commitment to the banking with purpose guiding principles, as the Bank continues to create shared value for society, the environment, and all stakeholders while fostering long-term growth towards a sustainable future.

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    The post Krungsri secures elite ‘The Asset ESG Corporate Platinum Award’ and ‘Best Sustainability Officer’ appeared first on The Story Thailand.

    9 December 2024
    Photo Story
    https://www.thestorythailand.com/?p=143688
  • Innovenx and PROEN elevate multi-cloud management Across Southeast Asia

    Innovenx, a pioneering provider of innovative technology solutions, and PROEN Corp Public Company Limited, have joined forces to deliver a versatile multi-cloud management service. This collaboration aims to empower businesses in Thailand, Laos, Myanmar, and Cambodia with unparalleled cloud capabilities. “Our customers need comprehensive solutions to streamline their cloud operations and enhance business agility,” said […]

    The post Innovenx and PROEN elevate multi-cloud management Across Southeast Asia appeared first on The Story Thailand.

    Innovenx, a pioneering provider of innovative technology solutions, and PROEN Corp Public Company Limited, have joined forces to deliver a versatile multi-cloud management service. This collaboration aims to empower businesses in Thailand, Laos, Myanmar, and Cambodia with unparalleled cloud capabilities.

    “Our customers need comprehensive solutions to streamline their cloud operations and enhance business agility,” said Kittipan Sri-bua-iam, CEO of PROEN Corp Public Company Limited. “By integrating Innovenx’s MQloud multi-cloud management platform with PROEN’s Turnkey Multi-Cloud Provider solution, we are poised to meet these demands effectively.

    PROEN’s Turnkey Multi-Cloud Provider solution offers comprehensive cloud services designed to meet diverse business needs across Southeast Asia. It includes consulting, implementation, migration, and cost optimization services. PROEN enables seamless management of computing, storage, database, security, and networking resources. This all-inclusive solution ensures businesses can efficiently leverage cloud technologies, enhancing their operational capabilities and driving growth.

    Enhancing customer experience with MQloud multi-cloud management

    • Seamless Resource Integration: Manage all cloud resources on a single platform, providing a clear view of resource allocation.
    • Enhanced Flexibility: Create and manage multiple independent environments, adapting swiftly to business needs.
    • Data Security and Compliance: Centralized control over local clouds to comply with local data laws and public clouds for efficient content and application delivery.
    • Resilience: Avoid single points of failure with granular environment control and improve risk responsiveness with enhanced situational awareness.
    • Simplified Operations: Automate cross-cloud connectivity and streamline deployment with a unified interface.
    • Cost Optimization: Efficient billing management and cost control features ensure economic efficiency.

    Driving Innovation and Growth

    This strategic partnership aligns with the vision of both companies to lead the cloud service industry and drive technological advancement. “By combining our strengths with PROEN, we’re committed to delivering transformative cloud solutions that enhance the capabilities of our clients,” said the CEO of Innovenx. “Our MQloud multi-cloud management addresses the challenges of resource allocation, security, and cost management, simplifying the complexities of multi-cloud environments.”

    The new service is scheduled to launch in early 2025, marking a significant step forward in cloud management solutions.

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    The post Innovenx and PROEN elevate multi-cloud management Across Southeast Asia appeared first on The Story Thailand.

    9 December 2024
    Technology
    https://www.thestorythailand.com/?p=143650