AP unveils two condo projects in Bangkok

The projects will open for presales domestically and overseas on August 4-5, chief corporate strategy and creation officer Vittakarn Chandavimol said yesterday.

Both are being developed under joint ventures between AP and Mitsubishi Jisho Residence, part of the Mitsubishi Estate Group MECG, he said.
The projects are in prime locations, surrounded by current and future transport networks.
Sales in Life Ladprao Valley, valued at Bt6.4 billion, will be conducted via AP i-Booking on July 26 from 7-9pm with official presales to be conducted on August 4-5. 
Prices start at Bt3.49 million. 
Due to be unveiled in October, the 40-storey Life Asoke Hype condominium complex, valued at Bt5.7 billion, offers 1,253 units 300 metres from the Rama IX Road subway station, Vittakarn said.

INVESTMENT 
TripAdvisor has no reservations about Eatigo
Restaurant reservation platform Eatigo has received another investment from TripAdvisor, bringing the total raises from all investors to US$25 million. 
The pre-series C investment for Eatigo comes as TripAdvisor’s restaurant business unit and its subsidiary, The Fork, look to help expand Eatigo’s presence and services across the Asia-Pacific region.
On the heels of a successful entry into Hong Kong, the Philippines, Malaysia and India in 2017, Eatigo will use the funds to launch in several more markets and extend its product offering. 
“Eatigo is excited to continue its strong relationship and collaboration with TripAdvisor,” said chief executive and co-founder Michael Cluzel.
“These new funds will be integral in allowing Eatigo to consolidate and extend the reach of our leadership and expertise in helping customers reserve the perfect table.”

REAL TIME 
HSBC unveils app for trade-tracking

HSBC Thailand yesterday launched the Trade Transaction Tracker, a mobile application that enables firms to track their trading in real time. 

The feature is built into the existing HSBCnet Mobile Application.
The introduction of Trade Transaction Tracker in Thailand follows its launch in Britain, Hong Kong, India, Bangladesh, Australia, Singapore and China. 
It will be extended to other markets in the future, head of commercial banking Krisda Phatcharoen said.
He added that HSBC has been significantly investing in digital innovation to make global trade simpler, better and faster for our customers. 
In today’s fast-changing world, there is increasing demand by businesses to run international business activities using mobile phones. 
“It is important to keep our services competitive and the Trade Transaction Tracker is an innovative tool to simplify the entire trade transaction tracking process, allowing businesses to better manage their global trade flows anytime and from anywhere,” Krisda said.

RE100 COMMITMENT
Tetra Pak hits 50% renewable power consumption 
Tetra Pak now obtains half of its global electricity supply from renewable sources, putting the company firmly on course to meet its RE100 commitment of using only renewable electricity across all global operations by 2030. In the past two years alone, the company’s use of renewable electricity has increased by a factor of 2.5, up from 20 per cent in 2016. This has been achieved through a combination of initiatives, including the purchase of International Renewable Energy Certificates (I-RECs) and solar power installations at its own facilities.
Mario Abreu, Vice President Sustainability at Tetra Pak said: ‘Using renewable energy is an important part of our journey to reduce the carbon impact of our own operations and so help tackle climate change. 
“Through the purchase of renewable energy certificates, we are investing in the development of infrastructure to increase the availability of renewable electricity. Meanwhile, we are also exploring opportunities to scale up our own on-site solar power installations.”
Tetra Pak’s factories in Sweden, Denmark, Finland and South Africa use electricity from 100 per cent renewable sources and 17 of its major sites now run exclusively on renewable electricity. 
The company was the first to source Gold-Standard I-RECs in Thailand, where its local factory will soon also generate an additional 1MW renewable electricity from solar panels. 
Elsewhere in the world, it is a major purchaser of I-REC certificates in China, and was the first to source Ekoenergy solar power in South Africa. 
RE100 is a global, collaborative business initiative led by The Climate Group in partnership with CDP to drive demand for, and delivery of, renewable power.