Sermsuk is collaborating with Thai Beverage Group to extend its manufacturing capacity and cover all regions in Thailand by next year as the company aims to achieve leadership in the bottled-water business.
Sermsuk says its nationwide extension plan has just begun with a new production line in Khon Kaen to meet the high demand for quality bottled water by consumers in the Northeast.
The line will increase production capacity by 15 million bottles per month while helping Sermsuk manage production costs and distribution more effectively.
Sermsuk has also launched a new design for Crystal plastic bottles, which will be available for the first time in the Northeast.
Vivek Chhabra, president of Thai Drinks and Sermsuk, said yesterday that Crystal planned to extend its production capacity to cover all regions of the country by next year to meet high market demand for quality bottled water.
“We are starting with the Northeastern region, one of Sermsuk’s strategic priorities, because of the area’s high demand for drinking water, proved with 28-per-cent sales growth for Crystal over the previous year.”
Chakramon appointed new chairman of CIMB Thai Bank
CIMB Thai Bank has appointed Chakramon Phasukavanich, a former industry minister, as chairman of the board.
It also appointed Robert Cheim Dau Meng as a vice chairman and a member and alternate chairman of the nomination, remuneration and corporate governance committee.
Pravej Ongartsittigul was appointed as an independent director and a member of the audit committee.
ASICS opens fifth Thailand store
ASICS, a sports performance brand, has opened its fifth store in Thailand at Siam Discovery.
The 81-square-metre outlet is also the first ASICS store in Thailand with a shoe-component breakdown wall to showcase the parts that make up an ASICS running shoe.
Running has recently been propelled to a rapidly growing phenomenon in Thailand and consumers are becoming more discerning and sophisticated with their running gear, the Japan-based company said.
Thailand hosts Asianfa annual meeting
The Stock Exchange of Thailand has joined hands with the Asian Finance Association to organise the 28th AsianFA Annual Meeting for the first time in Thailand yesterday and today.
Research papers were to be presented by finance academics, graduate students and practitioners worldwide to promote innovation for financial and capital market development.
Santi Kiranand, senior executive vice president of the SET, said the meeting was an open platform for finance scholars and practitioners worldwide to meet and share more than 140 of their recent research studies, while exchanging ideas and expertise, as well as updating |developments in finance and capital research.