Krungsri enhances food entrepreneurs' readiness with megatrends on global food supply chain via virtual business seminar

Economy News Monday May 24, 2021 14:07 —PRESS RELEASE LOCAL

Krungsri enhances food entrepreneurs' readiness with megatrends on global food supply chain via virtual business seminar

Krungsri (Bank of Ayudhya PCL) enhanced business potential for their commercial customers with the virtual seminar, Krungsri Business Talk, under the topic of "What's Next for Food Industry". This seminar was held exclusively for Krungsri's commercial customers namely, SME, corporate customers, Japanese corporate and multinational corporate customers, and interested entrepreneurs. Krungsri collaborated with academics, leading businessmen, and food industry specialists in sharing knowledge and opinions on how businesses can prepare and adapt to global megatrends regarding the food industry's supply chain and production model of the future.

The virtual seminar featured key speakers from various industries. Firstly, Dr. Luxmon Attapich, Deputy Secretary General, Investment and International Affairs, Eastern Economic Corridor Office of Thailand (EEC), shared her point of view on Thailand's food industry development plan and government's policy on EEC's food industry. Prof. Dr. Pavinee Chinachoti, Chair of Food Innovation & Regulation Network (FIRN), also shared her thoughts on research and development for sustainable food business and how to develop functional food to align with health trends. Mr. Chaiyapat Ongsri, Director, Ajinomoto Co., (Thailand) Ltd., shared his direct experience on business model transformation adapting to health trend and value-added way with innovation from Ajinomoto. Lastly, Dr. Somprawin Manprasert, Krungsri Executive Vice President, Head of Krungsri Research Division and Chief Economist, gave a keynote speech on the food industry's future trends, key factors to the supply chain of the food industry, and how food entrepreneurs can adapt themselves.

This virtual seminar is a part of virtual seminar series under Krungsri Business for Krungsri's commercial customers, to help enhance the business potential of customers for sustainable growth. These seminars are aimed to be knowledge-sharing tools, to inspire, and build business opportunities for Krungsri's customers continuously. This virtual seminar is also available for viewing on Krungsri Business Empowerment Facebook and www.krungsri.com

About Krungsri
Krungsri (Bank of Ayudhya PCL and its group companies) is the fifth largest financial group in Thailand in terms of assets, loans, and deposits, and one of Thailand's five Domestic Systemically Important Banks (D-SIBs) with 76 years of history in the country. Krungsri is a strategic member of the Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial group and one of the world's largest financial organizations. Krungsri provides a comprehensive range of banking, consumer finance, investment, asset management, and other financial products and services to individual consumers, SMEs, and large corporations through 665 domestic branches (626 Banking Branches and 39 Auto Business Branches) and over 32,216 service outlets nationwide. The Krungsri Group is the largest card issuer in Thailand with 9.5 million credit cards, sales finance, and personal loan accounts in its portfolio; a major automobile financing service provider (Krungsri Auto); one of the fastest growing asset management companies (Krungsri Asset Management); and a pioneer in microfinance (Ngern Tid Lor).

Krungsri is strongly committed to the highest level of integrity in conducting its business. All Krungsri Group companies have been awarded accreditation from the Private Sector Collective Action Coalition Against Corruption (CAC) in collaboration with industry peers and stakeholders on a zero tolerance approach to corruption.

About MUFG (Mitsubishi UFJ Financial Group, Inc.)
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,600 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

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