Singapore (Singapore) – November 23, 2018 (travelindex.com) – Influential Brands, a think tank and business organization that identifies, promotes, and recognizes outstanding companies across Asia, has honored nine Thai firms as deserving winners of “Thailand’s Outstanding Brands 2018.” The winners were evaluated not only for their outstanding success in their respective categories, industries, or sectors, but also for their significant growth over the past few years. Key performance indicators used to assess company performance include profitability, revenue, number of branches, and number of employees.

From left to right: Mr. Jorge Rodriguez, Managing Director of Influential Brands, Mr. Chairat Sirivat, Deputy Head of Mission of the Royal Thai Embassy in Singapore, Ms. Vannee Leelavechbutr, Founder and CEO of Neo Target Company Limited, Ms. Pavarisa Chumvigrand, Chief Marketing Officer of LINE Mobile Thailand Co. Ltd, Ms. Napasorn Pranich, CEO of SparSha Slimming Center, Mr. Seah Kian Peng, CEO of NTUC Fairprice, Mr. Somsak Mauthorn, Senior Executive Vice President of Siam Kubota Corporation Co. Ltd, Mr. Piya Tantivachyanon, CEO of Superrich Currency Exchange (1965) Co. Ltd.

Mr. Jorge Rodriguez, Managing Director of Influential Brands, said: “In light of ASEAN’s economic agenda, which aims to expand business activity across Asia and increase productivity, we are pleased to acknowledge the exemplary efforts of Thai companies that are expanding and growing their businesses.”

The nine top Thai companies honored with this year's Outstanding Brands award come from diverse sectors: from food and beverages to everyday consumer goods (including agricultural machinery), financial services, and online brands. Some of them have demonstrated sustained double-digit growth, continuous business development, and the integration of technology and innovation.

Ms. Vannee Leelavechbutr, founder and CEO of Neo Target Company Limited, announced that Neo Target will be co-organizing the first Influential Brands Awards for businesses in Thailand, which will take place on December 11th in Bangkok.

“In response to this recent trend in markets across Asia, Neo Target hopes to raise awareness among Thai entrepreneurs and owners of Thai brands about the importance of corporate reputation management and the importance of improving brand acceptance and brand trust to promote their business growth and ensure their competitiveness at both national and international levels,” said Ms. Leelavechbutr.

The key characteristics of the four award-winning Thai companies that participated in the CEO Asia Summit 2018 are as follows:

Line Mobile – undoubtedly one of the fastest-growing brands in the telecommunications industry. As the first and leading provider of purely digital mobile services in Thailand, Line Mobile is revolutionizing the market by fundamentally shifting consumer behavior from offline to online. With its customer-centric approach, Line Mobile creates a positive user experience that eliminates the frustrations associated with traditional mobile services. With the Line Mobile SIM card, customers can easily make calls, chat, and browse the internet – all at more affordable rates than the competition. In less than a year, Line Mobile achieved phenomenal revenue growth of over 250%.

Siam Kubota – a market leader in agricultural machinery solutions with a market share of almost 80% in Thailand – is considered a pioneer in its vision of "Agricultural Innovation for the Future." As a provider of agricultural solutions in ASEAN, the company focuses on developing products and services. It combines agricultural knowledge and experience with state-of-the-art technology to sustainably increase agricultural efficiency, thereby contributing to the stability of the Thai agricultural sector and the food security of the world's population.

Superrich Currency Exchange (1965) – Since its founding in 1965, SuperRich has been the most well-known currency exchange service in Thailand. With the ever-growing tourism sector, the company offers a more convenient alternative compared to other providers, with more favorable exchange rates and more easily accessible locations. SuperRich currently has more than 40 branches in Bangkok and processes transactions in over 34 currencies. The company serves up to one million customers monthly. SuperRich also plans to expand into other ASEAN countries and Europe in the near future.

SparSha – SparSha Slimming Center is a well-known brand in the Thai beauty industry. For over a decade, the company has enjoyed the trust and affection of its customers thanks to its high-quality products and services. Steady growth has allowed SparSha to open over 40 centers in various department stores nationwide. SparSha distinguishes itself through innovation and technology, utilizing these to develop and launch new products and services that consistently delight customers.

The CEO Asia Summit 2018 culminated in the presentation of Asia's most coveted awards: "Top Influential Brands", "Outstanding Brands", "Hall of Fame" and the eagerly awaited announcement of the winners in the new category "Top Employer Brands".

About Influential Brands: Influential Brands is a think tank, research institution, and brand awareness platform dedicated to identifying, promoting, and recognizing the best brands across Asia. Its brand portfolio includes global and regional brands from over 15 countries worldwide. With more than 19 years of experience in brand building in Asia, Influential Brands aims to share knowledge, increase the visibility of sought-after brands, and celebrate the uniqueness of Asian businesses and Asia's rich brand heritage. Outstanding brands are recognized based on comprehensive consumer and market research, as well as an assessment of brand qualities, influence, and impact on consumers. Influential Brands strives for excellence.