SME businesses a major contributing factor to Thailand’s growing economy

Bangkok, September 26th  2014 – The BigChilli magazine and Bangkok Now (BNOW) officially announced today that Thailand’s very first Expat Entrepreneur Awards 2014 will take place on October 14th at the Rembrandt Hotel.

The Expat Entrepreneur Awards 2014  is aimed at highlighting the contribution that foreign-owned/managed companies make to Thailand’s economy. Companies established in Thailand by the country’s expatriate community will, for the first time, be recognized for their creativity, ingenuity, excellence and proven success.

The Expat Entrepreneur Awards 2014 ,which kicked off in February 2014 has received applications from over 80 expats engaged in various businesses nationwide including Bangkok, Chiang Mai, Pattaya, Rayong and other provinces. Some of the businesses represented include online businesses, hotels, health, IT, environment, food and beverages, fashion and accessories, sports and others.

At the Young Presidents’ Organization’s (YPO) Insights ASEAN Summit held last week in Bangkok, Dr Surin Pitsuwan, former Secretary-General, ASEAN, urged governments to support policies and projects which will help private enterprise to be more viable. He added that the 2 million SME businesses in Thailand are a major contributing factor to the growing economy, making up 70-75% of the GDP.

“This award was created to recognize the efforts and successes of the expat community in Thailand,” said Colin Hastings, Publisher of The BigChilli, the city’s leading English language magazine for expatriates and internationally educated Thais. Colin is from the UK and has been a resident in Thailand for over 40 years.

“We have featured some incredible stories on expats and their businesses during the past 15 years and it’s time we acknowledge the contribution they have made to the Thai economy,” he added.

The accolades will be awarded in a variety of categories such as arts and culture, education, hospitality, manufacturing, sports and fitness and more.

Pacharee Pantoomano Pfirsch, founder of  BNOW, Bangkok’s networking community group which recently celebrated its 10th anniversary, said that she has had a fascinating opportunity to network with such a diverse group of dedicated expat professionals in Thailand over the years.

“Many of the expats in Thailand are involved in some of the most dynamic and creative businesses out there and this award is an opportunity to acknowledge them for their exceptional contribution to Thailand’s economy,” she said.

The judges for this award  include Fred Mouawad, Chairman and CEO of Synergia One; Stanley Kang, Chairman of the Joint Foreign Chambers of Commerce in Thailand; Roy Howard, Chairman, Format & Partners and Kent Wiley, Management Consultant.

Nominees of the Expat Entrepreneur Awards 2014 will be judged on (a) originality of business concept, (b) effectiveness of marketing strategies and promotions, (c) job creation, (d) effectiveness of CSR campaigns, (e) growth potential, domestically and overseas, (f) overall impact of business in the marketplace and (g) YouTube video highlighting their business.

The awards will be presented at Rembrandt Hotel on October 14th and will be hosted by renowned journalist, media host and entrepreneur Andrew Biggs, a longtime expat resident of Thailand.

Among the sponsors for this event include Nok Air, Bumrungrad International Hospital, Tune Hotel, NIST International School and Rembrandt Hotel Net proceeds from this evening’s event will be donated to Operation Smile Thailand, which provides free surgeries to repair cleft lip, cleft palate and other facial deformities for children throughout the country.

About The BigChilli

The Big Chilli company is a major publisher of lifestyle, business and educational magazines with a firmly established reputation for quality editorial and cutting edge design. First published in November 1999, The BigChilli is now the city’s leading English language magazine for expatriates and internationally educated Thais, with a monthly circulation of over 35,000 hard copies.

About Bangkok Now (BNOW)

BNOW, formed in 2003, provides a supportive network to professionals living and working in Bangkok. This Bangkok networking community group is predominantly made up of over 3000 expats and business owners with a focus to network and link the professional community.

For more details of the Expat Entrepreneur Award, click below:

EE Awards Promo video
Facebook
http://bnow.org/
http://www.thebigchilli.com/
http://www.youtube.com/user/EEAwardsThailand

For media enquiries please contact:

Kittima Sethi at [email protected] (081-8262399)
Panuch Suwanthada at [email protected]  (089-064-6352)
Brand Now Co. Ltd.

33 Manutham Buliding, 2ndfloor, Sukhumvit Soi 51, Klongtan Nua, Wattana, Bangkok 10110
Tel: 02-6625622, 02-6625651

Contributor

Recently Published

Key Takeaway: The current economic climate is particularly concerning for young people, who are often financially worse off than their parents. To overcome this, it is important to understand one’s financial attachment style, which can be secure, anxious, or avoidant. Attachment theory, influenced by childhood experiences and education, can help shape one’s relationship with money. […]

Top Picks

Key Takeaway: Neuralink, founded by Elon Musk, aims to implant a brain-computer interface (BCI) in people’s brains, allowing them to control computers or phones by thought alone. This technology holds the promise of alleviating human suffering and allowing people with disabilities to regain lost capacities. However, the long-term aspirations of Neuralink include the ability to […]
Key Takeaway: The fashion industry relies on storytelling to create fashionable garments and spread positive messages about issues. However, it can also drive overconsumption and perpetuate unrealistic beauty expectations. The industry’s global reach allows for easy sharing of visual cues and messaging, especially during times of social and political unease. The UN’s report urges storytellers, […]

Trending

I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]

Join our Newsletter

Get our monthly recap with the latest news, articles and resources.

Login

Welcome to Empirics

We are glad you have decided to join our mission of gathering the collective knowledge of Asia!
Join Empirics