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Briefs


Krungsri Auto offers debt relief to flood victims

Krungsri Auto, an automotive finance provider under Bank of Ayudhya, has announced a debt relief programme for customers affected by the flooding in the Northeastern region. The programme exempts collection fees and late charges.
The head of Krungsri Auto Group, Pairote Cheunkrut, said affected customers can also apply for a suspension of loan repayments for up to six months, which will allow them to restart their repayment with the same schemes and interest rates after the specified duration.

BUILDING UP
Investment budget set 
aside for SCG Experience

SCG Cement-Building Materials, a building materials and home solutions arm of Siam Cement Group, has set aside an investment budget of Bt13 million for its forthcoming event ‘ SCG Experience.’
 The company says the event “will highlight the presence of product innovations including SCG Living Tech, SCG Eldercare Solution, “COTTO Bathroom Showcase and Tiles, Sanitary Ware and Faucets Centre and SCG Roof to answer to all construction and home needs”
 Nithi Pattarachoke, vice president – domestic market, SCG Cement-Building Materials, said: “Customers can also seek free advice on home and living from SCG architects and take advantage of an all-encompassing order fulfilment service for convenience, ease and complete availability in one stop.
“ A year-round series of sales promotions and marketing activities is being launched with a target to attract 19 per cent more visitors, or an average of 8,000 visitors a month, to SCG Experience compared with last year.”
  START ME UP
dtac Accelerate launches Global Expansion Track 

Global Expansion Track is the latest programme to be introduced by dtac Accelerate with the aim of widening opportunities for start-up companies to scale up to a global level. 
The programme will leverage Telenor Group’s global digital capability.
 Sompoat Chansomboon, director of dtac accelerate, said that the startup ecosystem in Thailand has grown by more than 100 times, worth US$236 million in the last year.
“ Some 70- 75 per cent of startups in the dtac accelerate programme have constantly received funds ranging from |seed funding to Series A-level funding. Surely, this shows the success of dtac Accelerate,” Sompoat said. 
“However, in order to push the Thai startup ecosystem to the next levels: from Series A to Series B and to the ultimate Series C, it truly is a challenge for everyone since less than 5 per cent of Thai startups can reach those levels. We really need more resources, investments, and management capabilities in order to leap to the high levels. Thus, we all have to involve in driving Thai startups to the global stage.”dtac accelerate is pleased to announce that T2P is the first Thai start-up selected to participate in the Global Expansion Track program. T2P is a Fin Tech startup that possesses key strength of being a solution provider for building and maintaining corporate client base. 
With Loyalty, a platform for a customer-loyalty program for member cash cards, and DeepPocket, an app that brings group of friends on social network to share the automatic payment and borrow money between e-wallets, T2P is the fast growing loyalty and cash card platform provider with over 1 million users, serving over 1,500 leading retail shops. 
Recently, the transactions via T2P platforms have reached over THB 250 Million. In the first quarter of this year, T2P has expanded its business by signing a joint venture deal with City Mart Holdings, the number one retail chain in Myanmar, and Telenor Myanmar, a leading 3G/4G service provider with 90 per cent population coverage, serving more than 18 million customers.
 

Published : August 01, 2017

By : The Nation