Day: February 5, 2024

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BAM reveals 2024 plan to expand asset portfolio by 70 billion.

Bangkok, BAM reveals strategy for 2024, highlighting both business expansion strategies. Run a new business To create collections that reach the target of 20,000 million baht, along with accelerating the expansion of the asset base by an additional 70,000 million baht, creating business opportunities. Points out that in the past, they were able to help 154,178 debtors reach a settlement, representing a principal debt of 479,650 million baht.

Mr. Bandit Anantamongkol, Chief Executive Officer, Asset Management Company Bangkok Commercial Public Company Limited (BAM) said about its operational strategy for 2024 that BAM has set a business strategy to create collections in line with the 2024 target of 20,000 million baht and has a medium-term target for 2026. at 23,300 million baht, while expanding the asset base with the goal of investing in purchases worth 70,000 million baht of outstanding principal in order to maintain the size of BAM’s assets and business opportunities. Currently, BAM has NPLs of 473,636 mi
llion baht and NPAs of 69,807 million baht. At the same time, BAM was able to help debtors reach resolutions from solving their debt problems for 154,187 persons, representing a principal debt of 479,650 million baht, and was able to sell 51,420 items of property, representing an appraised value of 121,378 million baht.

As for the proactive strategy to achieve success as planned, it consists of Business Expansion using a strategy to increase the efficiency of Clean Loan management by categorizing Clean Loan debtors into 2 groups: the self-managed group and the self-managed group. with a group that has outside lawyers/Collectors manage it in order to reduce debt collection time Including the implementation of a joint venture project (Consortium), which is currently in negotiations with 2-3 real estate developers. Initially, BAM will select project assets. to set standard conditions Including the designation of an agency to take care of the said project.

While conducting a new business (New Business), setting
guidelines for joint ventures with financial institutions in which BAM will receive management fees in proportion to a mutual agreement. Generating income from fees By developing a system for surveying and evaluating property prices to generate income from fees for such operations (Medium-term plan) Developing a Pricing Model with Selective Investment to purchase and transfer assets at appropriate prices and maintaining its main role as a monkey cheek to support NPL/NPA to help revive the country’s economic system. Including improving operational efficiency with a plan to reduce steps and time in the legal process. Property appraisal process Including improving work processes to be flexible. as well as improving various regulations/orders for flexibility in operations

In addition, BAM has prepared to build personnel by developing their potential to support the future. Capability Development by creating a successor and talent development plan and developing Core Capability. However, BAM is also aware of drivi
ng the organization towards sustainability, which BAM has received. Evaluating sustainable stocks “SET ESG Ratings” for 2 years in a row and having an evaluation result at the level of “AA”, reflecting that BAM has raised the level of operations and sustainability reporting under the ESG framework, including BAM has also introduced the concept Sustainability is part of the business process. We are also ready to deal with social and environmental change factors and give importance to stakeholders in every sector in a balanced manner

Mr. Phongsathorn Maneepim, Deputy Chief Executive Officer Regional Asset Development Division said BAM has branch offices covering the country. Our network of regional offices allows us to reach customers and provide comprehensive customer service. Most of the employees in branch offices are local people. It gives you an understanding of the market conditions in that area. and understands the needs of customers very well This is beneficial to BAM in reaching the target market and
also makes it possible to more accurately assess the price of assets in the process of determining the purchase price of distressed assets and foreclosed assets. It also has the ability to adjust to market conditions as appropriate. It may change branch office locations and change geographic strategies. Including the transfer of knowledgeable and capable employees to work in different areas. in accordance with the volume of transactions occurring This makes branch offices an important part that will help drive BAM’s operating results to success. It allows for efficient tracking and management of non-performing assets and foreclosed assets.

Dr. Thanakorn Wangpipatwong Deputy Chief Executive Officer Information and Digital Department said that at present BAM has accelerated the creation of a customer service system on the Online Platform with a payment system and E-TDR (online debt restructuring) by creating the BAM Mobile Application, a property reservation/payment system. and debt monitoring/debt payment sys
tem Including data management DATA Management Dashboard by creating a central data center (DATA Center) to be able to use the organization’s important data and various reports. from the same source which creates a large data warehouse To become a Data Driven Organization and be a decision-making tool for effective management At the same time, we have also implemented a Lead Management system that will help collect information on target groups interested in BAM’s products and debtors who want to know basic information before entering into debt restructuring to contact or register. To create opportunities to close sales or the opportunity for debt restructuring with the debtor increases Along with preparing to use AI to help analyze debtors Makes it possible to classify debtors into different groups To find guidelines for appropriate management.?

Source: Thai News Agency

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‘Community Friends Association’ joins in building Rayong into a low-carbon society

Rayong, Community Friends Association Move forward to raise the level ‘Map Ta Phut Complex’ in economic, social and environmental dimensions Aiming to push Rayong Province towards the highest level of eco-industrial city, ready to move forward towards “Low Carbon Society”

Community Friends Association It is a model of cooperation among industrial operators in the Map Ta Phut Complex area, Rayong Province, established in 2010 by 5 founding companies: PTT Group, SCG Group, BLCP Power Plant, Dow Group. (Thailand) and GPSC Group It has operated continuously for more than 13 years, currently with Mr. Mongkol Hengrojanasophon, President of the Community Friends Association. whose term will expire in 2024 and Mr. Tosaporn Bunyapipat will be will be the next president of the association

Mr. Mongkol said that in 2023, the industrial sector was encouraged to reduce greenhouse gas emissions. In order for Thailand to achieve the goal of carbon neutrality (Carbon Neutrality) by 2050, which member companies They have jo
intly taken various measures, including developing innovation and technology. It can reduce greenhouse gases by 360,000 tons of carbon dioxide. Or equivalent to planting 30 million trees and promoting a low-carbon society through the LESS Model (Low Emission Support Scheme) project, which can reduce greenhouse gases by more than 12,000 tons of carbon dioxide. or equivalent to planting 1 million trees

Community Friends Association Still moving forward with many social projects. Develop the potential of community enterprises and networks of more than 58 groups and promote marketing channels. Able to distribute more than 85 million baht of income to the community.

Mr. Thosaporn said that the goal of the Community Friends Association in the future will continue to be to focus on cooperation with all sectors in Rayong Province to drive various projects for the development of a model eco-industrial city in the Map Ta Phut Complex area. concretely Leading entrepreneurs and communities towards a low carbon society
(Low Carbon Society) completely creating a better quality of life for the community.

Source: Thai News Agency

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Confirming the establishment of the Crime Suppression Division. Help with property fraud cases It is not related to the accused being a government official.

Central Investigation Police Confirming the appointment of a team of investigators from the Crime Suppression Division. Helping with the “Srisuwan” property stabbing case. Not involved. Concerned about whether the accused is a government official or not.

Pol. Maj. Gen. Natthasak Shaonasai, Deputy Commander of the Central Investigation Police Referring to the case of Pol. Lt. Gen. Jiraphop Phuridej, Commander of the Central Investigation Police There has been an order to appoint a team of investigators to investigate the case of stealing the assets of the Director-General of the Rice Department, saying that because the said case is a large case that will expand widely and the NACC may not have enough personnel. The investigative team has Pol. Maj. Gen. Suwat Saengnum, Deputy Commander of the Central Investigation Police is the head of the group, which Pol. Maj. Gen. Suwat Responsible for legal work Including various important cases of the Crime Suppression Division already and in order to be able to mobilize
the power of the Crime Suppression Division police. Come join in the investigation fully.

Pol. Col. Boonlue Phadungthin, deputy commander of the Crime Suppression Division Acting on behalf of the Crime Suppression Commander Deputy Commander of the Highway Police Confirming that the establishment of a team of investigators in this case is not related to concerns about whether the accused is a government official or not. Because in this case there are both government officials and civilians involved. But having a team of investigators will be able to conduct a comprehensive investigation. It is considered to be a support for the military personnel. YPP to be as prepared as possible. And if the results are extended to any person or other offenses are found, action can be taken immediately. This is because crackdown enforcement has the authority to operate in every area of ??the country. Confirming that the establishment of the said working group was not caused by any influential group or pressure. But it is to
increase the investigative potential in such cases for the Narcotics Control Board, which has limited capacity for cases that are increasingly expanding.

It was reported that the Central Investigation Police Commander The order was signed last week. By appointing Pol. Maj. Gen. Suwat Saengnum, Deputy Commander of the Central Investigation Police is the head of the working group and has Pol. Maj. Gen. Charoonkiat Pankaew, deputy commander of the Central Investigation Police is the deputy head of the working group There are also other agencies under the Central Investigation Police. Come to help with the case. Both the Crime Suppression Division and the Technology Crime Suppression Division (CDC). The Crime Suppression Division will come to help oversee the investigation. and help prepare the case, while the Crime Suppression Division will help look at the forensic work and extract technical information from various communication and electronic devices, such as cell phones of the accused, witnesses, and CCTV i
mages at the crime scene. Now there has been a lot of progress.

Source: Thai News Agency

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The debate has been postponed to March. Do we have to wait for the senator to finish his term?


Parliament, “Direkrit” points out that the government’s postponement of the debate in March is not correct. He asks whether he has to wait for senators to finish their term or not.

Mr. Direkrit Jenkrongtham, Member of the Senate (Senator), mentioned the case where the government revealed that it was ready to provide The Senator opened a general debate on the government during March saying that he wanted to criticize the government. Because of the use of the rights of the Senate to open a general discussion. It is beneficial to the government and the people. And the Constitution according to Section 171 states that the general debate according to Section 153 of the Constitution Make a letter to the president of the Senate, clearly specifying that the Cabinet should state the facts or explain the problem, and have the president of the Senate request to open a general debate. to the prime minister and put it on the agenda as an urgent matter

Mr. Direkrit said that if he refuses to perform his duties as a sena
tor, seeing that his duties in the executive branch Going abroad is more important than this. He thought it was incorrect. It is a neglect of the importance of performing duties according to the Constitution. The government needs to explain to the entire Cabinet.

Mr. Direkrit also stated that all 7 issues of the Senate, if left untreated, It may cause damage to the country. The Senate considers the matter to be important enough. until the discussion was opened It is necessary to keep up with the times. The government will answer at the end of March. Or maybe even beyond April. Or they could let the senators’ term expire and there would be no need to open a debate at all. I think this should not be done. It is neglect of duty.

When asked if this case would be a drag on the government’s time to make matters lighter or not, Mr. Direkrit replied that it was a reason why people were still suspicious. But holding on to time There is no benefit to the government, there are only negative effects. He insists that th
e government must give importance and answer the facts. The time frame for the government to come in and explain I made a letter requesting 2 days during February. Therefore, we ask the government to give consent and find a date to put items on the agenda on urgent matters. But the government saw that other matters were more important and gave the Senate time at the end of March.

Source: Thai News Agency

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Pointing out that the further you go, the more you collapse, the more you grow, just a discourse.


Government House, “Bhumitham” points out that the further it goes, the more it collapses, the more it grows. Just a discourse, emphasizing the standpoint of Pheu Thai, not interfering, Section 112, pointing out that society still sees things differently. Afraid of new conflict, asked “Piyabutr” to propose reducing the power of the Constitutional Court.

Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce Discusses views about the Forward Party There are people who think that the more it collapses, the more the party grows. That the phrase “the more it collapses, the more it grows” is a rhetoric. Will it collapse and grow or become small? depending on reality

Please don’t speculate. Will it collapse or not? I still don’t know what kind of collapse it will collapse. Is it completely gone or not? There are many factors. Don’t give too much importance. It’s better to be realistic.

As for the setting up of a special committee to consider and study guidelines for enacting Amnesty Act But whi
le the Constitutional Court Laying down the principles regarding Section 112, is it considered a closed door or not? Mr. Phumtham said that the judgment of the Constitutional Court must be looked at. If talking about or taking action on this matter It is a matter of overthrowing the government. It is clear that the resolutions of the Constitutional Court are binding on all organizations. Might have to pick this up. But you have to look at the details.

As for the Pheu Thai Party’s stance on amnesty, Mr. Phumtham stated that the Pheu Thai Party has always spoken clearly about Section 112 from the beginning. that this matter can create new conflicts Because there are still many parts of the public that have different opinions. Therefore, Pheu Thai’s position What matters are still sensitive? That will lead to new conflicts. And people still see things differently. You should find a conclusion first.

‘If you still can’t come to a conclusion. It should not be brought up. Therefore, the Pheu Thai Party has propos
ed the creation of a new constitution. Without touching Category 1 and Category 2 until everything is clear. If it continues like this, you shouldn’t touch it. The Thai monarchy is apart from politics. Therefore, when the situation is like this, we should not raise this matter to affect the institution. Our duty now is about the lives of the people. There are many economic problems of the country. that should be paid attention to and solved I once answered a question asked by Mr. Chaithawat Tulathon, leader of the Progressive Party. By asking back: Why obsess about this? Why aren’t they interested in solving problems for the people?” Mr. Phumtham said.

When asked repeatedly, It shouldn’t be fixed now. or was not appropriate to solve. Mr. Phumtham reiterated that he had clearly stated that it was not an issue that should be raised. Because it is still a matter of different opinions in society, do not use it to create new conflicts.

When asked about the issue of amnesty Are there people involved with Section
112 as well? Mr. Phumtham said that matters relating to Section 112 should be as determined by the Constitutional Court. and take it as a basis for consideration.

As for the opinion of Mr. Piyabutr Saengkanokkul, secretary-general of the Progress Committee that proposes to enact amendments Constitutional Court Act To reduce the power of the court, Mr. Phumtham said that Mr. Piyabutr is a lawyer. You have to ask for details from Mr. Piyabutr. He himself is a political scientist. I don’t understand the details that Mr. Piyabutr said. But I think that everything must have a reason to support it. The entire political mechanism is a matter of principle. It is decentralization and mutual responsibility. check and balance each other And it is also a matter for the council. It is not the opinion of any one person. Therefore, the opinions of any one person are not important for society to take action on. But if it is an opinion, it should be submitted to the council for consideration, because after all, it is a repre
sentative of a portion of the people.

As for whether the power of the Constitutional Court is too great or not, Mr. Phumtham said he had not yet looked at the details. But I think that the court is doing its duty. Every organization has duties according to the situation and conditions. If it is appropriate then proceed and it is acceptable to everyone. If there is a problem, consider dealing with it again. but by the dynamics of change Every department, every organization can make changes according to the situation that occurs.

Source: Thai News Agency

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