33 years anniversary of Nopadol Panich
Nopadol Panich, an agent of construction and interior
decoration supplies, celebrated their 33rd anniversary and became the first
Cement Thai Home Mart Max of Chiang Mai, the largest in Thailand, located on
Chiang Mai-Lampang Rd.
Anonthawilad, CEO of Nopadol Panich Co., Ltd (first from left), Boonlert
Buranupakorn, Chiang Mai mayor (center) and Pornchai Jitnawasatian, deputy
mayor Chiang Mai take part in the jumbo celebration.
Chiang Mai Governor Suwat Tantipat presided over the
grand opening of the celebration, accompanied by Boonlert Buranupakorn,
Chiang Mai mayor, and Pornchai Jitnawasatian, deputy Chiang Mai mayor, as
well as the Chinese consul-general.
Nopadol Anonthawilad, CEO of Nopadol Panich Co., Ltd.
said, “33 years ago, our company was located in a two-block building, but
it has now grown into the Cement Thai Home Mart Max, and it is time for
Kittichai, Thanan and Thanatporn Anonthawilad to administer the business.
“The important point leading to Nopadol Panich’s
success is that good quality products are offered, and that it is honest and
trustworthy. Nopadol Anonthawilad is a role model for other businessmen, due
to his efforts and repaying to the community,” the governor informed.
Goods on display included a golden bath, smart flush toilets and many
Northern BOI eyes up Laos, southern China
The Board of Investment’s (BOI) northern office is
teaming up with the Economic Quadrangle Committee and the chambers of
commerce of the country’s 10 northern provinces to create an economic and
trade network linking Thailand with Laos and southern China through Nan
Siriporn Nurak, the office’s director, told reporters
that the BOI will lead a delegation of small and medium-sized enterprise
(SME) representatives to survey investment opportunities in Laos and
southern China this month.
The tour will take the delegates from Chalerm Prakiert
district in Nan through Laos to China’s Yunnan province.
During the trip, the delegates will have a chance to
exchange ideas and information with government agencies, chambers of
commerce and local businesspeople. Siriporn expressed hope that the move
would benefit Thai SMEs by helping expand trade and marketing channels.
Alcohol industry in the doldrums
Thailand’s alcohol industry needs to use marketing and
price strategies to pick itself up from the severe slump caused by poor
sales over recent months, according to one of Thailand’s leading research
Warning that the prospects for the alcohol industry
remain poor this year, the Kasikorn Research Centre (KRC) notes that the
rising price of fuel and severe drought conditions have severed to put a
severe dent in consumer purchasing power, with the result that consumers are
tightening their belts and refraining from making unnecessary purchases.
The research center, which says that the local alcohol
industry will find itself up against a marketing crisis, particularly in the
second half of the year, cites figures showing that sales of liquor and beer
slumped 1.8 percent in the first quarter of 2005, compared to a positive
growth rate of 5.4 in the first quarter of 2004.
The report also points to a slump in the export market
for alcohol, pointing to export sales of only USD15.5 million in the first
two months of the year, representing a 17 percent drop in the growth rate.
While beer and liquor exports dropped, only wine exports
improved in the period, recording a 130.7 percent growth rate, thanks to
heavy government promotion.
The report calls on alcohol manufacturers to adjust their
marketing strategies in response to the current economic climate, setting
prices at their lowest possible levels to target low-income consumers. (TNA)