At A Glance

Corporate February 20, 2018 01:00

By The Nation

Thai Obayashi picked for first phase of The PARQ

TCC Assets Company Limited has announced the appointment of Thai Obayashi Corporation Limited as construction contractor for the first phase of The PARQ, a 20-billion-baht mixed-use development that aims to be the first property in Thailand to be both LEED Gold and WELL certified. Adjacent to Queen Sirikit National Convention Centre (QSNCC), The PARQ will cement the area as a dynamic business district, and central Bangkok’s largest city-centre meetings, incentives, conferences and exhibitions (MICE) hub.

 Su Lin Soon, CEO - Development, The PARQ, said, “With more than four decades of in-market experience, Thai Obayashi has an excellent track record including Park Ventures Ecoplex and FYI Center. 

We have appointed Thai Obayashi as construction contractor for the first phase of The PARQ to ensure a well-executed project, providing successful delivery of exceptional quality construction that our project vision requires.”

 The PARQ’s first phase of development totals 71,000 square metres of net leasable area including 60,000 square metres of premium office space, offering the largest column-free floor plates in Bangkok. 

To complement and further enhance the urban lifestyle, 11,000 square metres are allocated to premium retail spaces, restaurants, a supermarket and a food court under the ‘Eat Well and Shop Well’ concept. 

A retail destination for the neighbourhood, the shops and restaurants at The PARQ will be curated to meet everyday needs for convenience and to promote a healthy lifestyle for people working or enjoying activities in and around the development. 

In addition, over 7,000 square metres of green and open area on property, as well as innovative eco-friendly WELL and LEED rated initiatives will give domestic and multinational companies an opportunity to create a truly healthy work environment for their employees. 

Conveniently located next to lively Benjakitti Park and QSNCC MRT Station, THE PARQ is a natural extension to Bangkok’s central business district.

Plan set for big push in Asean, overseas markets 

Index Creative Village will this year focus on trade fair extension, pursuing both national and international markets, branding and connect trade network and investments covering industries of construction, food and beverages, retailing and tourism in response to consumers' lifestyles, connecting business experiences on an international level through different platform creations as well supporting business growth internationally.

 Kriengkrai Kanjanapokin, founder and group CEO, said with the company's intention to expand the business using "creativity" as a main focus, Index Creative Village’s business in Thailand has grown strongly and expanded its business opportunities towards the international market, stepping further to become an international company. 

The company has the ability to create various forms of work which is not limited to event establishments in the European and Asian regions. 

It is active in the Asean region, especially in Myanmar, Vietnam, Cambodia, Malaysia and Indonesia. 

It can be said that Index Creative Village is well-equipped with manpower, tools and expertise in marketing to analyse and do research emphasising on accuracy in marketing efficiently, including the company's strategy modification to match the modern era. 

Index Creative Village is trusted and well-known both in the public and private sectors. 

Insurer unveils 4-point strategy for 2018 

Allianz Ayudhya Assurance Plc has announced a four-point 2018 strategy for sustainable growth with the short-term aim of achieving premiums totalling Bt34 billion this year.

The approach will aim to establish the company as a digital leader and protection leader, while also supporting all distribution channels to drive the premium, and maintaining customer loyalty as reflected in its high Leader of Net Promoter Score (NPS).

The company's chief executive officer, Bryan Smith, said in a Monday press release that 2017 saw the company introduce many innovations in products, services, customers and distribution support, as well as nurture a start-up community in Thailand.

All of the initiatives have been well-recognised by all stakeholders, Smith said in the release, particularly in distribution channels with the company increasing new agents by 10 per cent. 

Donation of almond milk to the disabled 

Heritage Thailand Foundation, led by Suriya Moonsri, right, National Sales Director of Heritage Group recently donated Almond Breeze almond milk by “Blue Diamond” to the Foundation of Disabled Person at Bann Bang Pakong. The foundation is part of Heritage Group’s CSR programme that aims to help improve disabled persons’ education and facilities. On this occasion, 200 boxes of almond milk were received by the representative from the Foundation of Disabled person at Chachoengsao.

Developer banking on digital platforms 

Plus Property, the full-service professional property and facility management agency, has disclosed its business plan for 2018, revealing bright prospects after having detected growth signals in the economy – notably transportation infrastructure investment – that will contribute to the growth of the real estate |sector.

 The company is aiming for an 18 per cent expansion in yearly income, while also striving to become the top-of-mind brand for customers in the sale and property management businesses. 

Plus also plans to utilise big data to create products and services that better tailor to clients, while also bringing in technologies to boost work efficiency.

 Anukul Ratpitaksanti, managing director of Plus Property Co Ltd, indicated that 2018 would be a year with positive factors contributing to the real estate sector, as it would be a year in which the government continues to spend on transportation development. A record amount of funds – around 30 per cent of the national investment budget – is |slated to be used for infrastructure development. 

Such investment will benefit the expansion of the property sector over the current 2-3 years period, and this would be especially true for the condominiums market because it was a market that accommodates real residency as well as investment. 

Nevertheless, there are two factors that have to be monitored. 

The first is the urban planning law that is expected to be enacted soon; the changes that come with the new law will have to be closely studied. The second factor is the issue of labour shortage, which effects various industries including real estate.