Corporate
Leo Burnett integrates operations in Thailand
Leo Burnett yesterday debuted Leo Burnett Group in Thailand, which fully integrates Leo Burnett, ARC Worldwide and Black Pencil, and a new management team as part of Leo Burnett’s growth strategy for all potential markets in Asia-Pacific.

Leo Burnett yesterday debuted Leo Burnett Group in Thailand, which fully integrates Leo Burnett, ARC Worldwide and Black Pencil, and a new management team as part of Leo Burnett’s growth strategy for all potential markets in Asia-Pacific.
Read the original:
Leo Burnett integrates Thai operations
ARC Worldwide provides customer-experience solutions and specialises in PR events, digital, customer-relationship management and retail marketing solutions. As the marketing services arm of Leo Burnett globally, Arc specializes in digital communications, direct and database marketing, promotions and shopper marketing
Black Pencil offers comprehensive branding services from strategic brand consultation and insight creation to client training workshops. Under the new organisation architecture, a new management structure was created.
On-Usa Lamliengphol, CEO of Leo Burnett Thailand, was named chairwoman of Leo Burnett Group in Thailand. She will be responsible for leading the management team and driving development and growth of the entire Leo Burnett Group in Thailand.
Somkiat Larptanunchaiwong was promoted from general manager to managing director of Leo Burnett Thailand. He will be in charge of both Leo Burnett Thailand and Black Pencil.
Ziebinski said that since he came to the region last June, he had grown quite optimistic about Asia-Pacific.
More about Thailand business
The approved Financial Institution Business Act (FIBA) facilitates increase in foreign ownership in Thai foreign institutions. The Financial Institution Business Act (FIBA) became effective on 3 August 2008 as planned. The FIBA allows financial institutions to raise the foreign limit from 25 percent to 49 percent with permission from the BOT and foreign investors may own more than 49 percent equity stake in Thai banks with permission from the Ministry of Finance and recommendation by the BOT. The increase in foreign limit would encourage Thai banks to seek foreign strategic partners to strengthen the capital base, improve core banking business, IT platform, know-how and add inorganic growth to Thai banks.
More about Thailand business
Most of the infrastructure development in Thailand has been responsive to demand rather than forward-looking. Availability and accessibility appear to no longer be a challenge. The next step for Thailand is to put more emphasis on quality of service delivery, management, and sound regulation.
Corporate
Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam
The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.
Business
Thailand remains in pole position for the highest funds raised across Southeast Asia
Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.
(more…)Corporate
Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval
With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.
(more…)-
Economics1 week ago
Thailand Tops Bloomberg’s Emerging Markets List
-
Economics4 days ago
96% of Foreign Investors still confident in Thailand says BOI
-
Investment5 days ago
Thailand BOI new measures to boost post-Covid-19 investment
-
Companies5 days ago
Thai Firm to produce 200 million doses of Covid-19 vaccine