Sunday, April 05, 2020

Mitr Phol Group reveals progress on moving towards world-class status

Apr 05. 2017
Facebook Twitter

By The Nation

Mitr Phol Group convened its 2017 analyst meeting to announce the group’s 2016 business performance and unveil its investment plans as it works towards becoming a world-class organisation. 

A major strategic move in driving the digital transformation of the business was the recent implementation of an enterprise resource planning system to integrate company-wide data and processes for more streamlined and higher-performing operations. 

The group said it also strove to support the government’s policy to make Thailand a regional trade and investment hub, by setting up an international headquarters and treasury centre to optimise its financial and organisational cost management, both locally and internationally. 

In addition, Mitr Phol Group’s key investment focus this year is for continuing the development and expansion of bio-based business to serve so-called “S-curve” target industries as defined by the government’s “Thailand 4.0” policy and to support the growth of the bio-economy.

Photo shows (from left): Sarayuth Saengchan, senior executive vice president for the finance group; Pravit Prakitsri, chief operating officer for the renewable-energy business group; Krisda Monthienvichienchai, chief executive officer and president of Mitr Phol Group; Chusak Vongkusolkit, chief operating officer of the China business group; Thammasak Jittimaporn, chief operating officer of the wood substitute materials business and new business group; and Parin Amatyakul, managing director of United Standard Terminal.

Facebook Twitter
More in Business
Editor’s Picks
Top News