IRPC Earns Five Honours at Asian Excellence Awards
The company was represented by Mr. Phichin Aphiwantanaporn, Senior Executive Vice President, Corporate Accounting and Finance; Ms. Athita Anantaturakarn, Senior Vice President, Finance & Investor Relations; and Ms. Montakan Narach, Senior Manager, Investor Relations.
The accolades presented to IRPC included Asia's Best CEO, Asia's Best CFO, Best Investor Relations Professional, Best Investor Relations Company, and the Sustainable Asia Award.
Organised by Corporate Governance Asia, a Hong Kong-based financial, investment, and corporate governance publication, the Asian Excellence Award recognises outstanding achievements based on rigorous criteria and surveys conducted among investors, analysts, board members, and executives from across the Asia-Pacific region.
Individual awards highlight business leaders who foster growth while upholding strong principles of social and environmental responsibility. Corporate awards are conferred upon organisations that exemplify transparency, corporate governance, and credibility in investor relations.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bangkok Post
8 hours ago
- Bangkok Post
IRPC Earns Five Honours at Asian Excellence Awards
Demonstrating its continued commitment to excellence in corporate governance, leadership, and sustainability, IRPC Public Company Limited has been recognised with five prestigious awards at the 15th Asian Excellence Award 2025. The company was represented by Mr. Phichin Aphiwantanaporn, Senior Executive Vice President, Corporate Accounting and Finance; Ms. Athita Anantaturakarn, Senior Vice President, Finance & Investor Relations; and Ms. Montakan Narach, Senior Manager, Investor Relations. The accolades presented to IRPC included Asia's Best CEO, Asia's Best CFO, Best Investor Relations Professional, Best Investor Relations Company, and the Sustainable Asia Award. Organised by Corporate Governance Asia, a Hong Kong-based financial, investment, and corporate governance publication, the Asian Excellence Award recognises outstanding achievements based on rigorous criteria and surveys conducted among investors, analysts, board members, and executives from across the Asia-Pacific region. Individual awards highlight business leaders who foster growth while upholding strong principles of social and environmental responsibility. Corporate awards are conferred upon organisations that exemplify transparency, corporate governance, and credibility in investor relations.
Bangkok Post
13 hours ago
- Bangkok Post
Platform aims to help NGOs prosper
QLI Impact, a Hong Kong-based startup, is striving to increase funding of non-governmental organisations (NGOs) in Asia. The company operates an online platform for NGOs to receive funding from donors. Its mission is to connect NGOs, businesses, and individuals in Southeast Asia, with users joining kindness activities, creating kindness initiatives and donating to initiatives. Ken Liu, an investment banker by profession, founded QLI Impact. Growing up with an elder brother who has lifelong disabilities inspired Mr Liu to try to make a positive change within society. Mr Liu's strong financial background helped him create a platform that resembles an e-commerce platform, enabling donors to monitor the social impact of their contributions. The key differentiation of this platform is that every user is able to create, join and share philanthropic acts in a fun way, offering them a novel way to promote acts of kindness. The impact sector refers to organisations that focus on producing a social and environmental impact. This sector includes NGOs and social enterprises, along with the activities of social welfare philanthropists. Mr Liu said the inspiration behind his goal of creating a positive impact on society began with his own family in Hong Kong. He said his elder brother, who has a mental health condition, was diagnosed with a brain tumour aged three. "When my brother was very young, I received a lot of help from non-profit organisations in Hong Kong. These organisations had a strong impact, allowing my parents to go to work. It was a blessed journey for me. I think it's time to really use my power to give back to society." Mr Liu pointed out the general public's concern over building trust with donors and NGOs. To increase transparency and accountability when it comes to the public's perception, Mr Liu helped foundations audit and measure the impact of their work. In an effort to build trust, Mr Liu recently travelled to Thailand and met with Pratthanadee Foundation, which was established in 1999 to support and train local women and girls. Pratthanadee Foundation was the first Thai foundation to join QLI Impact. It is scheduled to receive US$700 through QLI Impact's efforts to raise donations. Mr Liu hopes more Thai and Southeast Asian NGOs and social enterprises can join him in his pursuit of spreading kindness by raising funds for people with disabilities and marginalised groups. "There are extra things that can be done to really bridge the gaps between nonprofits and the impact sector to try to maximise the impact for everyone," he noted. Mr Liu suggests that acts of kindness are often perceived as being "monotonous work". However, he is trying to change that perception by raising funds by organising fun activities. QLI Impact managed to help raise HK$3,800 (roughly 15,773 baht) through an initiative encouraging people to get involved in yoga activities. Maru Yoga Studio in Hong Kong teamed up with QLI Impact to host an activity and at the same time the studio managed to double their student numbers. The money raised was presented to the Fu Hong Society, which serves people with intellectual and/or physical disabilities, psychiatric disabilities and autism by providing quality day training services, vocational rehabilitation services, residential services as well as community support services for these groups. This enables these groups to fully develop their potential and actively integrate into their communities. Since the launch of QLI Impact's website and social media presence, 30 individuals and five nonprofits have joined the platform to raise and seek funding opportunities.
Bangkok Post
a day ago
- Bangkok Post
Political hiatus looms over economy
The Constitutional Court is expected to take 1-3 months to hand down the final verdict on the fate of Prime Minister Paetongtarn Shinawatra after the court suspended her from the post over a leaked recording of a phone call with former Cambodian leader Hun Sen. Most analysts anticipated a suspension during the investigation into a Senate petition accusing the premier of breaching ethical standards in violation of the constitution. "We expect the court to take 1-3 months, handing down a verdict possibly by September," said Kasem Prunratanamala, head of research at China-based CGS International Securities Group. If she is found guilty, she is likely to be banned from politics for 10 years. However, the parliament can still vote in a new prime minister from the available candidates, including Chaikasem Nitisiri from the ruling Pheu Thai Party, whom CGS believes could be the new premier, he said. The political overhang will continue to pressure the Stock Exchange of Thailand (SET) index, which has fallen by 23% this year, making it the worst performing market in the world year-to-date. "We believe investors have priced in various concerns, including the US's reciprocal tariffs, domestic political turmoil and a weak domestic economy," said Mr Kasem. "Protesters plan to rally again, but have yet to fix a date. We believe street rallies will once again disrupt businesses as consumers stay home for fear of violence, which could open the door for the military to intervene." Given domestic political uncertainties, he said Thailand may not have much bargaining power with the US regarding planned import tariffs of 36%. "The finance minister expects the tariff to be reduced to 10%, which we believe is too optimistic," said Mr Kasem. Nuttawut Wongyaowarak, head of research at Globlex Securities, said investors took heart from Tuesday's court ruling as it could prevent political protests from intensifying. "If the court did not accept the petition, protests against the prime minister were likely to escalate. Investors and the market do not like political turbulence," he said. RISING ECONOMIC CONSTRAINTS Amonthep Chawla, chief economist at CIMB Thai Bank, said following the premier's suspension, political uncertainty weighs on Thailand's economic outlook. Both domestic and foreign investors are becoming increasingly hesitant, with many delaying or reconsidering investment decisions. This caution is especially pronounced in sectors reliant on government spending, such as construction. "The private sector is likely to adopt a wait-and-see approach, particularly for projects tied to public budgets," he said. However, if the government can maintain political stability and ensure continuity in policy direction, the erosion of investor confidence could be contained, said Mr Amonthep, though he warned of tensions between the coalition parties. "Should coalition parties face pressure to reassess their alignment or withdraw support, the situation could escalate towards a House dissolution," he said. Mr Amonthep said disbursement of the current fiscal budget and planned stimulus budget is unlikely to be disrupted or delayed, as the government retains full authority and is not operating in a caretaker capacity. Still, a political collapse and House dissolution could delay the approval process for the fiscal 2026 budget, posing a risk to the economy from the fourth quarter of this year through the second quarter of next year, he said. TRADE TALK UNAFFECTED Sompop Manarungsan, president of Panyapiwat Institute of Management and an economic analyst, said he believes the suspension order is unlikely to have a significant impact on the Thai delegation to the US for tariff negotiations. He said the US is unlikely to focus on individual figures, but rather the entire Thai political system and whether it is mature and established. If Deputy Prime Minister Phumtham Wechayachai were to step in as acting prime minister, Mr Sompop said it would likely make the transition period smoother, particularly given the escalating domestic tensions such as the protests that occurred last Saturday. However, if the government is unable to carry on, then parliament should be dissolved and a new election held in order to preserve the system, he said. "I believe US officials understand Thailand's political model and that this situation has not yet reached a dead end," said Mr Sompop. "The suspension is unlikely to pose a limitation on the Thai delegation in tariff negotiations." CONFIDENCE SHAKEN Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said the premier's suspension would disrupt operations considerably and likely affect decision-making on important issues, making economic outlook more challenging. Thienprasit Chaiyapatranun, president of the Thai Hotels Association, said the court ruling reflects the instability of Thai politics, which can weaken investor sentiment. He said the administration should continue with an acting prime minister and new cabinet in place. "We should follow the situation over the next few months after the opening session of parliament on July 3," said Mr Thienprasit. Sanga Ruangwattanakul, president of the Khao San Road Business Association, said an acting premier and cabinet led by the Pheu Thai Party should continue working to solve the economic and tourism crises. Stimulus measures should be implemented as planned, as tourism operators must cope with tepid purchasing power and sluggish foreign arrivals, he said. During the low season this year, Khao San Road businesses anticipate 30% fewer tourists year-on-year, said Mr Sanga. He said it is difficult to predict whether protests against Ms Paetongtarn will be prolonged, as the acting cabinet is still led by her political party. Nuttanai Anuntarumporn, chief executive of Interlink Telecom Plc, said government fiscal 2026 disbursement could slow in terms of new project launches, as a new cabinet may not maintain current policies. Meanwhile, uncertainty surrounding US tariffs and domestic political stability is likely to delay both consumer and business spending, he said. For Interlink Telecom, its projects under independent agencies, such as the 5.4-billion-baht rural internet rollout, remain unaffected. TOO MUCH POLITICS With Ms Paetongtarn's political future hanging by a thread, ministers may not address all their full portfolio as they focus on political issues, including how to gain trust from people in the next election, said Tanit Sorat, vice-chairman of the Employers' Confederation of Thai Trade and Industry. Some ministers may be considering how to garner votes in the next general election if the court's verdict caves in the government, he said. "My question is who will fully work under these conditions?" said Mr Tanit. The political turbulence comes as Thailand needs a capable leader and a strong team of ministers to survive economic challenges that threaten to deal a blow to GDP growth this year, he said. The US's final reciprocal tariff rate on Thai imports is unknown, and a high rate would weaken Thai manufacturers' and exporters' competitiveness in the global market, said Mr Tanit. Meanwhile, the Thai-Cambodian territorial conflict is also straining the economy, and leaders are needed to address the situation, he said. The suspension of Ms Paetongtarn only added to the lack of trust in the prime minister, said Mr Tanit. "When businesspeople step away from their roles, they are ordinary individuals sharing the same feelings as other people," he said. CONSISTENT ENERGY POLICY Key energy development plans should remain intact even if there is a new premier, said Praipol Koomsup, an economist at Thammasat University who was a committee member under former energy minister Narongchai Akrasanee. One state project he pushed for continuity on is a direct power purchase agreement (PPA) that allows companies to buy renewable power directly from producers. Peer-to-peer renewable power trade was prohibited in Thailand, but the National Energy Policy Council approved a pilot project on direct PPA last year to facilitate sales of clean power to data centre projects.
