ANNUAL REPORT 2020 Annual Report 2020 | Gulf Energy Development Public Company Limited

Total Page:16

File Type:pdf, Size:1020Kb

ANNUAL REPORT 2020 Annual Report 2020 | Gulf Energy Development Public Company Limited Annual Report EN Cover ขนาด 29.7 x 21 เซนติเมตร พ�มพ 4 สี Gulf Energy Development Public Company Limited 87 M.Thai Tower 11th Floor, All Seasons Place, Wireless Road, Lumpini, Pathumwan Bangkok 10330 Tel: +662-080-4499 Fax: +662-080-4455 E-mail: [email protected] ANNUAL REPORT 2020 Annual Report 2020 | Gulf Energy Development Public Company Limited Annual Report 2020 | Gulf Energy Development Public Gulf Energy Development Public Company Limited CONTENT 02 12 14 16 VISION AND MISSION MESSAGE FROM MESSAGE FROM THE GENERAL THE CHAIRMAN CHIEF EXECUTIVE OFFICER INFORMATION 18 20 22 24 BACKGROUND AND KEY EVENTS FINANCIAL INVESTMENT KEY MILESTONES IN 2020 HIGHLIGHTS STRUCTURE 26 50 53 70 COMPANY’S INDUSTRY MANAGEMENT DISCUSSION SECURITIES AND BUSINESS OVERVIEW AND ANALYSIS SHAREHOLDER INFORMATION 73 74 76 78 DIVIDEND BOARD OF MANAGEMENT BOARD OF DIRECTORS AND POLICY DIRECTORS TEAM MANAGEMENT PROFILES 99 111 135 139 MANAGEMENT CORPORATE SUSTAINABILITY AND RISK MANAGEMENT STRUCTURE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY 146 148 150 151 INTERNAL CONTROL RELATED PARTY REPORT OF THE REPORT OF TRANSACTIONS BOARD OF DIRECTORS’ THE AUDIT COMMITTEE RESPONSIBILITIES FOR THE FINANCIAL STATEMENTS 155 157 158 164 REPORT OF THE AWARDS & INVESTMENTS IN DEFINITIONS SUSTAINABILITY RECOGNITION SUBSIDIARIES, ASSOCIATES, AND RISK MANAGEMENT JOINT VENTURES AND COMMITTEE JOINT OPERATIONS Investors can find further information regarding the Company from the Annual Registration Statement (Form 56-1) which has been disclosed at www.sec.or.th or the Company's website (www.gulf.co.th) VISION AND MISSION VISION A trusted company that innovates to develop premier energy across boundaries. MISSION To integrate innovative strategy, quality resources, premier technology and culture of commitment to achieve the most reliable energy solution. Annual Report 2020 | Gulf Energy Development Public Company Limited VISION AND MISSION VISION A trusted company that innovates to develop premier energy across boundaries. MISSION To integrate innovative strategy, quality resources, premier technology and culture of commitment to achieve the most reliable energy solution. Goal-Oriented Annual Report 2020 | Gulf Energy Development Public Company Limited Goal-Oriented Unity Annual Report 2020 | Gulf Energy Development Public Company Limited Unity Learning Annual Report 2020 | Gulf Energy Development Public Company Limited Learning Flexible Annual Report 2020 | Gulf Energy Development Public Company Limited Flexible MESSAGE FROM THE CHAIRMAN GULF CHOSE TO DIRECT OUR CORPORATE “SOCIAL RESPONSIBILITY INITIATIVES FOR 2020 WITH CONTRIBUTION OF MORE THAN THB 100 MILLION TO OVER 100 PROJECTS TOWARDS SUPPORTING FRONTLINE HEALTHCARE WORKERS, MEDICAL FACILITIES, AND VULNERABLE GROUPS AFFECTED BY COVID-19. ”Dear esteemed investors, The past year has been turbulent and unpredictable as Bangkok and Nonthaburi provinces, and distribution of the impact of COVID-19 reverberated around the world, medical masks to frontline hospitals throughout the causing social and economic disruptions and adversely country, benefitting over half a million people in Thailand affecting healthcare systems, people’s livelihoods and and Vietnam. We also implemented measures to ensure well-being, which were felt by all of us in one way or the health and safety of our employees at the initial another. The pandemic forced us to drastically change stage of the outbreak by strictly adhering to the disease the way we interact with one another and paved the way transmission prevention measures announced by the for a new normal. Leaders were faced with unprecedented government including restrictions on international travel challenges of guiding their organizations through the and regular disinfection of all premises under the Gulf crisis while simultaneously driving growth responsibly Group, to name a few. In addition, we worked closely and sustainably. with our customers to find solutions to alleviate their impact from the pandemic. It is our belief that this sense Gulf Energy Development Public Company Limited (“GULF”) of community seen throughout the Southeast Asian region has continued to uphold our commitment to creating a has been a major contributing factor in the rapid return to positive impact on the quality of life for society through a new normal. these difficult times and chose to direct our corporate social responsibility initiatives for 2020 with contribution Moreover, GULF places the highest priority on ensuring of more than THB 100 million to over 100 projects towards that potential risks that may have an impact on our supporting frontline healthcare workers, medical facilities, business operations and investors are appropriately and vulnerable groups affected by COVID-19. Our projects analyzed, monitored and managed. In 2020, GULF included donation of medical equipment and Personal implemented our newly developed business continuity Protective Equipment (PPE) supplies to major hospitals plans in response to the pandemic, which included and local communities in Thailand and Vietnam, providing provisions for managing infectious disease outbreaks and meal boxes and survival kits to urban communities across work-from-home policy. In addition, the Sustainability and 12 Annual Report 2020 | Gulf Energy Development Public Company Limited Mr. Viset Choopiban Chairman of the Board Risk Management Committee (SRMC) was established in digitalization, which is expected to change the structure early 2020 by the Board of Directors to provide oversight of energy business and the way businesses operate. on matters relating to sustainability and risk management In preparation for such changes, GULF has developed within the Company to ensure that sustainable growth is long-term business strategies which include increasing achieved in a responsible manner. In the past year, the our investment in renewable energy to reduce carbon SRMC acknowledged the creation of five new policies emissions while maintaining our No Coal Policy, developing which address human rights, diversity, biodiversity, our gas business in line with the government’s strategy, IT and a supplier code of conduct, and the updating and diversifying into infrastructure and utilities business. of risk management policy and environmental and GULF is also exploring new technologies and businesses social management policy. It also approved a new risk in order to remain an agile and dynamic company that assessment matrix and criteria to be used from 2021 can maintain sustainable growth for the benefit of our onwards. stakeholders. At the same time, GULF is well aware of rising global On behalf of our Board of Directors, the management trends that can potentially disrupt the energy industry and the employees of GULF, I would like to extend our such as decarbonization, decentralization and digitalization sincere gratitude to you, our shareholders, investors and – trends which are all interconnected. Decarbonization all stakeholders, for the confidence and trust that you gained momentum as global efforts were made by all have placed in GULF and to reiterate our aspiration to sectors to limit the rise in global average temperature develop the nation’s economy and elevate the quality of in alignment with the targets set out under the Paris life of people in society through sustainable value creation Agreement. Furthermore, advancements in renewable while maintaining our competitiveness by evolving with the energy technologies, robotics and artificial intelligence changing world. have led to the acceleration of decentralization and 13 Mr. Sarath Ratanavadi Chief Executive Officer Dear valued shareholders, The global COVID-19 situation has presented unique We recognize that as the world transitions to a low challenges this past year. With the world still on guard, carbon society, energy security remains a key concern, Gulf Energy Development Public Company Limited has especially for emerging and developing markets working implemented a number of measures to safeguard our to strengthen their economies. We therefore continue employees’ health and well-being while maintaining our to remain involved in the power generation business, commitment to enhancing shareholder value. At the same leveraging our experience and expertise to develop time, we made it a priority to contribute to numerous large-scale gas-fired power projects that will be able to CSR initiatives focused on supporting frontline healthcare meet the ever-increasing demand for electricity and help workers and alleviating the impacts to local communities support industrial and economic growth. As natural gas and vulnerable groups in the society especially through will play a major role as the key fuel that will carry the the peak of the pandemic. Having seen the widespread world through the energy transition, we are also working medical, social and economic impacts of the global to support greater flexibility in accessing and utilizing crisis, we are happy that several COVID-19 vaccines natural gas, creating a more sustainable value chain have been successfully developed and look forward to that will fulfill the need for environmentally-responsible the improved sense of security and increased stability economic growth and energy stability. that the vaccines will bring. While we have undertaken more commitment overseas, The COVID-19 pandemic has brought greater awareness we continue to invest in projects that align with the of how the world has changed, bringing to light how Thai government’s policies and
Recommended publications
  • Company Presentation TTW Public Company Limited Investor Meeting / Q4’2018 & 2018 Disclaimer
    Company Presentation TTW Public Company Limited Investor Meeting / Q4’2018 & 2018 Disclaimer This presentation includes some forward-looking statements relevant to future events such as plans, business strategies, expectations etc.. Thus, actual situations may differ from what is projected in this presentation due to unexpected environment which might be better or worse than anticipated. Investors or material users should be meticulous on any herein information. This presentation, which is prepared by the company, is only used for investment information. Also, the information included in this forward-looking statement may be changed by TTW Public Company Limited without notice and then the company does not take any duty to update any relevant information. To be Thailand’s Leading Company in Water, Energy and Eco-Friendly Businesses 2 Agenda Company Overview Operating and Financial Performance Growth and Strategy Direction To be Thailand’s Leading Company in Water, Energy and Eco-Friendly Businesses 3 Company Overview – Our Business Produces and Operates Distributes Tap water and Investment in Tap water Waste water Other business To be Thailand’s Leading Company in Water, Energy and Eco-Friendly Businesses 4 Company Overview – Shareholder Structure MITSUI 26% CK 19.4% BEM 19.3% Free Floated 35.3% CKP PTW TWO 68% 25.31% 98%* 32% Pathum Thani Water Company Limited Thai Water Operations Company Limited CK Power Public Company Limited Produces and distributes tap water Operates tap water and waste water Power Holding company 1,200 mil.Bt. Registered Capital treatment systems 60 mil.Bt 9,240 mil.Bt. Registered Capital Registered Capital * 2% is owned by PWA As of Dec 28, 2018 To be Thailand’s Leading Company in Water, Energy and Eco-Friendly Businesses 5 Company Overview – Current Project *Max.
    [Show full text]
  • World Bank Document
    MS& ~C3 E-235 VOL. 20 KINGDOM OF THAILAND PETROLEUM AUTHORITY OF THAILAND Public Disclosure Authorized NA-TURAL GAS PIPELINE PROJECT FROM BANG PAKONG TO WANG NOI EGAT - INVESTMENTPROGRAM SUPPORT PROJECT (WORLDBANK PARTIALCREDIT GUARANTEE) Public Disclosure Authorized DRAFT FINAL REPORT Public Disclosure Authorized PREPARED BY TEAM CONSULTING ENGINEERS CO., LTD. FOR BECHTEL INTERNATIONAL, INC. Public Disclosure Authorized JUNE 1994 EZITEAM CONSULTINGENGINEERS CO., LTD. Our Ref: ENV/853/941237 2 June 1994 Mr. Emad M.Khedr Project Engineer 15th Floor, PTT Head Office Building 555 Vibhavadi-RangsitRoad Bangkok 10900, Thailand Dear Sir: Re: EnvironmentalImpact Assessment of Natural Gas Pipeline Project from Bang Pakong to Wans Noi We are pleased to submit herewith 5 copies of the Environmental Impact Assessmentof the Natural Gas Pipeline Project from Bang Pakong to Wang Noi for your considerations. We would like to thank the concerned Bechtel International personnel for their assistances throughout the course of study. Sincerely yours, Amnat Prommasutra Executive Director 51/301-305 Drive-inCenter, Ladprao Road, Soi 130,Bangkapi. Bangkok 10240. Thailand Telex:82855 TRIREXTH. ATTN: TEAM CONSULT.Fax :66 -2-3751070Tel. : 3773480. 3771770.1 'Ulll ?¶a. i LHunh1711n 4l nu nhJf11rnfllfl lusuo"wfl fupiuij iin ....... l2eUwl0t.._,,a,.,._l.~~~~~~~~~~~~~~ ~...... .......... .......... 1: ^ d Id II¶Ut.'1 *'Al lem. LtU TThJwi Id , 1* . ^ t.1 4 - ... ... .. ......................................................................... I... u~~~~~~ i ..................................... 4..~ C f J I Pfl 1 ( ) .L>3?T~I ..i^l2SlMt.......... ..QltU.. ............ l.C. a<.l'....... w.K.>.. nQa.. ............. le w...............9 .. .. .. .. .... ............. .. ... , ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.. _ ... .... __A..-.............................. CHAPTER II PROJECT DESCRIPTION 2.1 ROUTE ALTERNATIVES In conjunction with the Natural Gas Parallel Pipeline Project, PTT requested that Bechtel International,Inc.
    [Show full text]
  • Conservation and Export Development of Mon Pottery in Central Thailand
    International Journal of Academic Research in Business and Social Sciences February 2015, Vol. 5, No. 2 ISSN: 2222-6990 Conservation and Export Development of Mon Pottery in Central Thailand Waraporn Pongmonjit*, Kla Somtrakool, Wilailak Ratanapeantamma The Faculty of Cultural Science, Mahasarakham University, Maha Sarakham, Thailand *Corresponding author: Waraporn Pongmonjit, The Faculty of Cultural Science, Mahasarakham University, Maha Sarakham, Thailand Email: [email protected] DOI: 10.6007/IJARBSS/v5-i2/1475 URL: http://dx.doi.org/10.6007/IJARBSS/v5-i2/1475 Abstract The development of Mon pottery in central Thailand for export purposes can be achieved through community participation and development guidelines where 1) local craftsmen and potters transmit their knowledge to community youths and junior craftsmen, provide hands on training and action learning where the trainees can visualize the process and techniques, 2) Produce innovative products according to market trends and consumer demands. The products should be extended to decorations and art such as fashioning the earthen pottery into lamp bases, clocks, aroma therapy burners and tableware products, 3) Community pottery producers should form a group and network with exporters in determining fair trade agreements and reasonable pricing so that the business and cooperation is sustainable by all sides, 4) Pottery products should be distributed and dispersed to markets in other provinces. The products should always be displayed and ready for export at national and foreign product exhibitions. Earthen pottery producers should work with other producers of similar products such as porcelain and ceramic producers and display their products together and 5) Promote the advantages and benefits of earthen Mon pottery.
    [Show full text]
  • CREATING SUSTAINABLE ENERGY CREATING SUSTAINABLE ENERGY CONTENT Annual Report 2018
    ANNUAL REPORT 2018 CREATING SUSTAINABLE ENERGY CREATING SUSTAINABLE ENERGY CONTENT Annual Report 2018 Corporate Information Vision and Mission 04 Message from the Board of Directors 06 Board of Directors 09 Awards of Great Pride 23 Financial Highlights 24 General and Other Important Information 26 Performance Overview Shareholding Structure of The Company and Subsidiaries 28 Dividend Policy of the Company and Subsidiaries 33 Revenue Structure 35 Nature of Business Operation 36 Risk Factors 47 Marketing and Competition 50 Good Corporate Governance The Management Structure 57 Corporate Ethics 85 Corporate Governance 91 Internal control and risk management 103 Connected Transactions 104 Corporate Social Responsibilities 106 Anti-Corruption Policy 130 Whistle Blowing Policy towards Corruption 140 Report of the Audit Committee 145 Financial Information Report of the BOD’s Responsibility to the Financial Statements 147 Independent Auditor’s Report 148 Management Discussion and Analysis 153 Financial Statements 160 Notes to the Financial Statements 172 VISION Leading energy innovations and technology in Asia Pacific. MISSION 01 Research and develop energy technology that is clean and sustainable by adapting technology to build value for the business. 02 Create satisfying return for investors. 03 Manage human resources to be qualified, create inspiration and maintain a good relationship with the team in a supportive atmosphere. 04 Plays a part in developing a sustainable environment. 4 ANNUAL REPORT 2018 Message from the Chairman of the Board of Directors The overall natural gas consumption in Thailand in 2018 saw a continuous decrease especially in the transport section. This was due to the decreasing retail price of the oil within the country and few NGV stations.
    [Show full text]
  • Review of Urban Flood Impact Reduction Due to Climate Change Adaption Driven by Urban Planning Management in Pathumthani Province, Thailand
    Chanthamas, S., Anantsuksomsri, S., and Tontisirin, N. (2017). Review of Urban Flood Impact Reduction due to Climate Change Adaption Driven by Urban Planning Management in Pathumthani Province, Thailand. International Review for Spatial Planning and Sustainable Development. vol. 5, no. 4, pp. 42–53. https://www.jstage.jst.go.jp/article/irspsd/5/4/5_42/_pdf International review for spatial planning and sustainable development, Vol.5 No.4 (2017), 42-53 ISSN: 2187-3666 (online) DOI: http://dx.doi.org/10.14246/irspsd.5.4_42 Copyright@SPSD Press from 2010, SPSD Press, Kanazawa Review of Urban Flood Impact Reduction due to Climate Change Adaption Driven by Urban Planning Management in Pathumthani Province, Thailand Yaowalak Chanthamas1*, Sutee Anantasuksomsri2 and Nij Tontisirin3 1 Department of Urban and Regional Planning, Faculty of Architecture, Chulalongkorn University. 2 Faculty of Architecture, Department of Urban and Regional Planning, Chulalongkorn Universit. 3 Faculty of Architecture and Planning, Thammasat University: Rangsit Campus. * Corresponding Author, Email: : [email protected] Received: Dec 15, 2016; Accepted: Jan 15, 2017 Keywords: Climate change adaptation, urban flood, hazard map, Pathumthani province. Abstract: The Province of Pathumthani has played an important role in the Bangkok Metropolitan Region (BMR) in terms of its economics, industry, education, society, and culture in driving the urbanization process. However, the urban areas have been sprawling without control. Some urban areas have expanded to areas with risk of flooding. Especially, in the past 10 years, Pathumthani has suffered from more frequent and more severe floods, which might be affected by climate change. Together with inefficient climate change adaptation plans, the areas with risk of high impacts of flooding have expanded, making the urban settlements in Pathumthani face even higher impacts.
    [Show full text]
  • Infected Areas As on 18 February 1988 — Zones Infectées Au 18 Février 1988 for Cmeria Used M Compiling This List, See No
    Wkiy Epèdem, Bac No 8 - 19 February 1988 - 5 4 - JUsvtf épidàm, hebd. ; N° 8 - 19 févner 1988 PORTS DESIGNATED IN APPLICATION PORTS NOTIFIÉS EN APPLICATION OF THE INTERNATIONAL HEALTH REGULATIONS DU RÈGLEMENT SANITAIRE INTERNATIONAL Amendment to 1984 publication Amendement à la publication de 1984 D EX Spain Espagne Delete - Supprimer : Santa Cruz de Tenerife ............ X Insert - Insérer: Santa Cruz de Tenerife ..... X X INFLUENZA GRIPPE Sweden (31 January 1988). — The number of cases of Suède (31 janvier 1988). — Le nombre de cas de maladies d’allure influenza-like illness has increased slightly. So far, 1 case of grippale a légèrement augmenté. Jusqu’ici, 1 cas de grippe B a été influenza B has been confirmed in a 34-year-old woman. confirmé chez une femme de 34 ans. Infected Areas as on 18 February 1988 — Zones infectées au 18 février 1988 For cmeria used m compiling this list, see No. 50, page 384 - Les critères appliqués pour la compilation de cette liste sont publiés dans le N°50, page 384. X Newly reported areas - Nouvelles zones signalées PLAGUE - PESTE BRAZIL - BRÉSIL CHOLERA - CHOLÉRA MAU Africa — Afrique Bahia State Africa - Afrique Kayes Région MADAGASCAR Central Murucipio ANGOLA Kayes Cercle Coaceiçâo Murucipio Kouhkoro Région Antananarivo Province X Bengo Province Feira de Santana Murucipio N ara Cercle Antsirabe II S Pref X Benguela Province Reurolandia Municipio Ambohu&imanova District X Kwansa-Noru Province MAURITANIA - MAURITANIE Manandona District Riachâo do Jacuipe Municipio X Ktuanza-Sul Province Nouakchott D um a Soanindrarmy District Sernnha Municipio Luanda Province l M Région Teofilândia Municipio Vinamnkarena District Luanda, Cap Hodh el Chargui Miannanvo S.
    [Show full text]
  • Area BCP Final Report
    Facilitated by Asian Disaster Preparedness Center For National Economic and Social Development Board Supported by Japan International Cooperation Agency (Thailand Office) Disclaimer The document is based on existing reports as well as evidenced through data collection and analysis informed by a series of workshops and consultations with relevant stakeholders. The document is considered to be a living document and needs to be kept updated as per the Area BCM cycle approach taken under the project. Key Contributors Asian Disaster Preparedness Center Japan International Cooperation Mr. Aslam Perwaiz Agency (Thailand Office) Mr. Weerapon Sripongchai Dr. Baba Hitoshi Dr. Apassanun Silapapiphat Mr. Katsuya Miyoshi Mr. Ekapol Sirichaovanichkarn Mr. Masanori Takenaka Mr. Kilian Murphy Mr. Kobchai Songsrisanga Ms. Mio Kato National Economic and Social Development Board Ms. Ladawan Kumpa Ms. Chuleeporn Boonyamalik Dr. Supattra Cherdchuchai Mr. Phitsanu Voranard Mr. Arthit Malithong Pathumthani Province Mr. Surachai Khan-arsa Mr. Nirat Phongsitthavorn Mr. Vitoon Oungcharoen Royal Irrigation Department Mr. Chuchart Supawatnangkhul Bangkadi Industrial Park Co., Ltd. Ms. Sujin Thamrongteppithak Bangkadi Municipality Mr. Thawatchai Aungampornvilai Ms. Valunee Lamyai Photo credits Contact details Cover: Bangkadi Industrial Park Co., Ltd. Mr. Aslam Perwaiz ([email protected]) Asian Disaster Preparedness Center Mr. Weerapon Sripongchai ([email protected]) List of key modification points to Area BCM report Location Topic in the Details of modifications report 1 Disaster Risk Reduction Measures Table Table 7.2 is merged with Table 7.3 (Original) and Flood for Effective Area BCM for 7.2 Risk Level and BCM Strategies are improved. Also, Floods Bottlenecks are reclassified to be in line with the rest of the report.
    [Show full text]
  • Piphat Mon in the Korat Way of Life: Creating Performing Arts Standards to Promote the Thai Music Profession
    Asian Social Science; Vol. 9, No. 10; 2013 ISSN 1911-2017 E-ISSN 1911-2025 Published by Canadian Center of Science and Education Piphat Mon in the Korat Way of Life: Creating Performing Arts Standards to Promote the Thai Music Profession Samutcha Jeeranai1, Sittisak Jampadaeng1 & Somkit Suk-Erb1 1 The Faculty of Cultural Science, Mahasarakham University, Khamriang Sub-District, Kantarawichai District, Maha Sarakham, Thailand Correspondence: Samutcha Jeeranai, Ban Bing School, Moo 8, Chokchai Sub-district, Chokchai District, Nakhon Ratchasima 30190, Thailand. E-mail: [email protected] Received: April 29, 2013 Accepted: May 29, 2013 Online Published: August 1, 2013 doi:10.5539/ass.v9n10p198 URL: http://dx.doi.org/10.5539/ass.v9n10p198 Abstract Piphat Mon is the traditional form of music of Burmese Mon people. Following Mon immigration into Thailand, the art form was adopted and adapted by Thais as a medium for entertainment and worship. In the current climate of globalization and the influence of western trends, representation of Piphat Mon has been reduced to funeral ceremonies in a small collection of Thai provinces. This research examines the historical background and current conditions of Piphat Mon in Nakhon Ratchasima Province, its primary location in Northeast Thailand, with the aim of creating a set of performing arts standards. The results of this research show that Piphat Mon has changed in light of social and cultural changes to Thailand since 1998. Nowadays there are a number of problems with artistic performances of Piphat Mon in Korat, particularly concerning the attitudes of the performers, the sound, the equipment and the location.
    [Show full text]
  • The Perception of Pathumthani Residents Toward Its Environmental Quality, Suburban Area of Thailand
    ISSN 0354-8724 (hard copy) | ISSN 1820-7138 (online) The Perception of Pathumthani Residents toward its Environmental Quality, Suburban Area of Thailand Pawinee IamtrakulA*, Sararad ChayphongA Received: January 20, 2021 | Revised: June 20, 2021 | Accepted: June 20, 2021 doi: 10.5937/gp25-30436 Abstract The urbanization process is often concentrated mostly in urban areas, resulting into urban development sprawl. This has effects on the lifestyles and activities of urban people, which in turn significantly affects the health of the city. The quality of the urban environment plays an important role in public health with respect to urban issues ranging from quality of utilities and services to quality of life. This study aims to study the perception of Pathumthani residents toward its environmental quality through spatial cluster analysis. A total of 1,000 sets of data collected from the interview survey among residents or commuters traveling through Pathumthani province was used for this study. The residents’ response towards environ- mental factors was examined through the classification of their different opinions among built environ- ment and health aspects. The statistical analysis which was performed in this study was cluster analysis to demonstrate its relationship. With the level of satisfaction on environment aspect and health status in in- dicating number of congenital diseases, the result of this study found that condition of living environment (through Likert scale) affects the urban health with statistical significance of (P <0.05). Therefore, provin- cial health policy should focus more on developing a healthy city in consistence with economic and social development while putting adequate mechanisms for environmental surveillance monitoring at the com- munity level.
    [Show full text]
  • Advantage, Usage, and Relationship of Accounting and Financial Knowledge in Small and Medium Enterprises
    RMUTT Global Business Accounting and Finance Review (GBAFR) Volume 2 Issue 2 : May - August 2018 ADVANTAGE, USAGE, AND RELATIONSHIP OF ACCOUNTING AND FINANCIAL KNOWLEDGE IN SMALL AND MEDIUM ENTERPRISES Kritiya Rangsom1 Faculty of Business Administration, Rajamangala University of Technology Thanyaburi E-mail: [email protected] Wasun Khan-Am2 Faculty of Business Administration, Rajamangala University of Technology Thanyaburi E-mail: [email protected] Abstract This article presents the use of accounting and financial knowledge, the benefits of using the knowledge of accounting and finance and the relationship between the use and the benefits of accounting and financial knowledge for the small and medium enterprises offering the community products. The respondents of this study were 70 small and medium enterprises which produced community products in Pathumthani province in 7 districts and each district consisted of 10 business. The data were collected by using self-reported questionnaires with quota and snow ball effect sampling. After data collection, the descriptive statistics such as frequency, percentage, mean and standard deviation were employed for data analysis. In terms of hypotheses testing, the Pearson’s correlation, and simple and multiple linear regression were used to test the predictive and causal relationships between the use and the benefits of using accounting and financial knowledge. The study found that most of the respondents have the small and medium enterprises with no more than ten members / employees, earned revenue between 10,000-50,000 baht, owned the capital investment, employed an accounting officer and conducted corporate accounting. Pearson’s correlation indicated that all variables are moderately and highly correlated.
    [Show full text]
  • International Review for Spatial Planning and Sustainable Development
    Volume 5, No. 4 (2017) International Review for Spatial Planning and Sustainable Development SPSD Press from 2010 SPSD Press from 2010 International Review for Spatial Planning and Sustainable Development For investigation regarding the impact of planning policy on spatial planning implementation, International Community of Spatial Planning and Sustainable Development (SPSD) seeks to learn from researchers in an integrated multidisciplinary platform that reflects a variety of perspectives— such as economic development, social equality, and ecological protection— with a view to achieving a sustainable urban form. This international journal attempts to provide insights into the achievement of a sustainable urban form, through spatial planning and implementation; here, we focus on planning experiences at the levels of local cities and some metropolitan areas in the world, particularly in Asian countries. Submissions are expected from multidisciplinary viewpoints encompassing land-use patterns, housing development, transportation, green design, and agricultural and ecological systems. Copyright©2010 SPSD Press. All rights reserved IRSPSD INTERNATIONAL ISSN 2187-3666 (Online) International Review for Spatial Planning and Sustainable Development https://www.jstage.jst.go.jp/browse/irspsd http://spsdpress.jimdo.com/volumes/ http://dspace.lib.kanazawa-u.ac.jp/dspace/bulletin/irspsd International Review for Spatial Planning and Sustainable Development Volume 5, No. 4, 2017 SPSD Press from 2010 International Review for Spatial Planning and Sustainable Development SPSD Press from 2010 Editor-in-chief Zhenjiang SHEN School of Environmental Design Kanazawa University, Kakuma Machi, Kanazawa City, Japan, 920-1192 [email protected]; [email protected] Tel.0081-76-234-4650 Associate Editors GAO, Xiaolu, Prof. PhD, Chinese Academy of Sciences MOON, Tae-Heon, Prof.
    [Show full text]
  • TTW Public Company Limited Investor Meeting / Q3’2018 Disclaimer
    Company Presentation TTW Public Company Limited Investor Meeting / Q3’2018 Disclaimer This presentation includes some forward-looking statements relevant to future events such as plans, business strategies, expectations etc.. Thus, actual situations may differ from what is projected in this presentation due to unexpected environment which might be better or worse than anticipated. Investors or material users should be meticulous on any herein information. This presentation, which is prepared by the company, is only used for investment information. Also, the information included in this forward-looking statement may be changed by TTW Public Company Limited without notice and then the company does not take any duty to update any relevant information. To be Thailand’s Leading Company in Water, Energy and Eco-Friendly Businesses 2 Agenda Company Overview Operating and Financial Performance Growth and Strategy Direction To be Thailand’s Leading Company in Water, Energy and Eco-Friendly Businesses 3 Company Overview – Our Business Produces and Operates Distributes Tap water and Investment in Tap water Waste water Other business To be Thailand’s Leading Company in Water, Energy and Eco-Friendly Businesses 4 Company Overview – Shareholder Structure MITSUI 26% CK 19.4% BEM 19.3% Free Floated 35.3% CKP PTW TWO 68% 25.31% 98%* 32% Pathum Thani Water Company Limited Thai Water Operations Company Limited CK Power Public Company Limited Produces and distributes tap water Operates tap water and waste water Power Holding company 1,200 mil.Bt. Registered
    [Show full text]