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PTT Oil and Retail Business Charts Path to Global Leadership with Sustainability at the Core

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BANGKOK, THAILAND – Media OutReach Newswire – 27 December 2024 – PTT Oil and Retail Business Public Company Limited (OR) is driving international growth and sustainable innovation, leveraging its diverse portfolio to navigate volatile global markets. Amid geopolitical uncertainties and fluctuating oil prices, OR has posted robust financial results and unveiled a strategic roadmap aimed at transforming its business for a sustainable and inclusive future.

For the first nine months of 2024, OR reported a net profit of 4.65 billion THB and sales revenue of 538.05 billion THB, driven by standout performances in its Lifestyle and Global business groups, which grew by 8.1% and 11.6%, respectively. These results reflect OR’s resilience and ability to adapt while positioning itself as a forward-thinking industry leader.

Expanding Horizons: International Growth Strategy

OR’s operations now span 11 countries—Cambodia, Laos, Philippines, Vietnam, Singapore, Myanmar, Malaysia, Japan, Oman, Saudi Arabia, and the Kingdom of Bahrain—underscoring its ambition to become a global leader in the oil and retail sectors. With 411 PTT Stations and 382 Café Amazon outlets across Southeast Asia, OR is building a strong regional presence.

To meet rising clean energy demand, OR is rapidly expanding EV Station PluZ, its electric vehicle charging network, supporting the region’s transition to sustainable mobility. Concurrently, PTT Lubricants is prioritizing growth in Indonesia and Taiwan, building on its established presence in over 40 countries across Asia, Africa, and Europe.

Cambodia has emerged as a key market with 183 PTT Stations and 248 Café Amazon outlets, while the Philippines and Laos host 170 and 58 PTT Stations, respectively. Café Amazon, known for consistent, high-quality coffee, continues to thrive internationally, cementing OR’s presence in high-potential markets.

To fuel its expansion, OR has committed 8 billion THB over the next five years (2024–2028), focusing on clean energy, infrastructure development, and global opportunities. This strategic investment aligns with OR’s vision of taking its sustainability-driven business model to the global stage.

“We aim to create shared value for communities while delivering superior experiences to customers worldwide.” said M.L. Peekthong Thongyai, Chief Executive Officer of PTT Oil and Retail Business Public Company Limited.

Strategic Roadmap: Resilience and Transformation for 2025

Looking forward, OR has outlined a strategy emphasizing efficiency, innovation, and risk management:

  • Cost Optimization: Reducing operating expenses through stringent cost-control measures strategic asset ownership and operation strategy.
  • Risk Management: Enhancing operational stability with a Dashboard Control Tower to address fluctuating commodity prices.
  • Digital Transformation: Deploying a Digital Blueprint to modernize operations and connectivity among OR investments and ventures to elevate customer engagement.
  • Portfolio Optimization: Streamlining investments to prioritize high-return ventures and discontinuing underperformed and non-synergy projects.

These initiatives reflect OR’s dedication to evolving its business model to meet the demands of a dynamic global landscape.

Sustainability as a Driving Force

Sustainability remains central to OR’s operations, aligned with its OR 2030 goals to:

  • Reduce greenhouse gas emissions and waste by one-third.
  • Improve the quality of life for 17,000 communities (16,000 already impacted).
  • Integrate 1 million SMEs into its value chain (currently 743,102 SMEs).
  • Reforest and maintain 10,000 rai of land.

These efforts earned OR the Highly Commended Sustainability Award at the SET Awards 2024 and an AA+ credit rating from TRIS Rating, solidifying its position as a sustainability leader in Thailand and beyond.

Balancing Profitability and Purpose

Amid global uncertainty, OR has demonstrated that resilience, innovation, and sustainability can coexist. By embracing digital transformation, advancing sustainable practices, and pursuing international growth, OR is redefining the role of oil and retail businesses in a globalized economy.

“OR’s ability to balance profitability with purpose sets a new standard for the industry” said M.L. Peekthong Thongyai. “We are not only creating value for our stakeholders but also building a legacy of positive impact for communities and the environment.”

As OR embarks on its next chapter, it remains steadfast in its mission to drive sustainable growth and deliver meaningful outcomes for all. With its sights set on global leadership, OR is poised to shape a future where business success and societal progress go hand in hand.

Hashtag: #PTTOilandRetailBusiness #OR

The issuer is solely responsible for the content of this announcement.

About OR

PTT Oil and Retail Business Public Company Limited (OR) is a leading Thai energy and retail company with operations in 11 countries, including Cambodia, Laos, Philippines, Vietnam, Singapore, Myanmar, Malaysia, Japan, Oman, Saudi Arabia, and the Kingdom of Bahrain. OR operates through four core business groups: Mobility Business, PTT Station, PTT Lubricants, FIT Auto, PTT LPG, EV Station PluZ and providing energy solutions for industrial, marine and aviation fuels; Lifestyles Business, featuring Café Amazon alongside convenience stores and space management; Global Business, driving international growth with over 411 PTT Stations and 382 Café Amazon outlets; and OR Innovation Business, focusing on sustainable solutions through technology and innovation.

For more information, visit .

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Yuewen Music Festival Day 1: Mesmerizing Performances Ignites Siloso Beach, Sentosa

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SINGAPORE – Media OutReach Newswire – 28 December 2024 – The inaugural Yuewen Music Festival kicked off on Day 1, showcasing a mesmerizing array of performances that ignited Siloso Beach, Sentosa.

DJ Tech’1 opened the event, energizing the crowd with a dynamic DJ performance that set the vibrant tone for the evening. His innovative mixes had everyone on their feet.

Following him, Olivia Marsh dazzled the audience with hits like “Backseat + Waterworks” and “Pina Colada.” Her engaging stage presence and powerful vocals left a memorable impression.

Maggie Chiang 江美琪 enchanted fans with both new songs and nostalgic classics, including “Round and Round” (圆的?圆的!) and “Poet Of The Night” (夜的诗人), evoking heartfelt sing-alongs.

The beloved KISS OF LIFE brought their unique sound to the stage, performing crowd favorites like “Sticky” and “Midas Touch,” igniting infectious energy throughout the venue.

ITZY, the K-pop sensation, electrified the audience with hits like “GOLD” and “WANNABE,” showcasing dynamic choreography and charisma that kept fans engaged.

Red Velvet – IRENE & SEULGI delivered a powerhouse performance featuring tracks such as “28 Reasons” and “Monster,” captivating attendees with their seamless harmonies and stunning visuals.

LaLa Hsu徐佳莹 brought her soulful sound to the festival, performing “I Dare You”(你敢不敢)and “Lost Desert” (失落沙洲), resonating deeply with the audience and creating an intimate atmosphere.

PP Krit charmed fans with engaging performances, including Fireboy, ลังเล (Hesitate), เส้นเรื่องเดิม (Rerun), ขอโทษละกัน (Friend to Friend), I’ll Do it How You Like it, เสนอตัว (Ooh!). His ability to connect with the audience made his set a standout moment of the night.

Finally, Billkin closed the evening with a captivating performance that included “Daily Magic”, ยิ่งดุยิ่งชอบ, Golden Hour, ยิ้มทั้งน้ำตา (Always), สวยงามเสมอ (Ever Forever), ชอบตัวเองตอนอยู่กับเธอ (I Like Us), Mr.Everything, drawing cheers and applause as he wrapped up Day 1 on a high note.

Cultural Integration and Globalization of IPs

The Yuewen Music Festival marks the first large-scale music event hosted by Yuewen in Singapore, reflecting an important move to leverage music as a vibrant platform for engaging young audiences, enhancing emotional connection to Yuewen’s intellectual properties (IPs). This approach addresses the growing demand among young audiences for immersive experiences and emotional resonance in their cultural consumption.

The festival’s inclusive and diverse nature allows for various activities, including music performances, IP showcases, and merchandise sales. Yuewen Goods, featuring exclusive merchandise inspired by popular Yuewen IPs, saw remarkable sales, further proving the festival’s appeal among attendees.

This festival is the first step in Yuewen’s efforts to expand its IP products internationally and innovate its IP experiences. Looking ahead, Yuewen plans to launch various offline activities, such as the IP marketplace “YUEWEN WONDERLAND” and the Yuewen Global IP Awards, exploring new models of “IP + cultural tourism” in collaboration with Singapore Tourism Board. The goal is to co-create remarkable IP experiences with domestic and international artists and partners, further enhancing Singapore’s appeal as a tourist destination.

Hashtag: #YuewenMusicFestival

The issuer is solely responsible for the content of this announcement.

About Yuewen

Yuewen (HKEX: 0772, formerly China Literature Limited) is a culture and entertainment group that was founded in March 2015. It focuses on creating and developing intellectual property (IP) derived from online literature.

Yuewen has a diverse portfolio of well-known brands, such as QQ Reading, Qidian, New Classics Media, and Tencent Animation & Comics. It serves as a platform for tens of millions of creators and a rich reserve of literary works across 200 genres, catering to hundreds of millions of users. Yuewen is renowned for its celebrated IP portfolio, which includes popular titles like Joy of Life featuring Zhang Ruoyun, Guardians of the Dafeng featuring Dylan Wang, My Heroic Husband, Candle in the Tomb, The King’s Avatar featuring Yang Yang, Soul Land, and Nirvana in Fire. It has successfully expanded its reach across various media formats, including audiobooks, animation, comics, films, drama series, games, and offline merchandise.

For more information, please visit .

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Pigeon Empowers Mothers With A Holistic Maternity Skincare Line: The Perfect Blend of Nature, Science, and Sustainability

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Formulated with 90% naturally-derived ingredients and Dermal Precision Technology to maximise absorption and minimise irritation

SINGAPORE – Media OutReach Newswire – 27 December 2024 – Pigeon, the go-to brand for mother-and-baby essentials, expands its support for mothers with the new Natural Botanical Maternity skincare range, designed to provide mothers with safe, effective, and eco-conscious, self-care solutions during pregnancy and postpartum. This unique range combines 90% naturally derived ingredients with cutting-edge Dermal Precision Technology, ensuring maximum absorption and minimal irritation for sensitive skin.

The skincare line includes four products: Stretch Marks Serum, Stretch Marks Cream, Firming Cream, and Collagen Hydro Mist. Each one is crafted to enhance skin elasticity, firmness, and radiance, helping mothers maintain their skin’s vitality during the transformative journey of pregnancy and beyond. The unique Dermal Precision Technology ensures that active ingredients are precisely absorbed into the deeper layers of the dermis, providing targeted care for lasting skin benefits.

The skincare range has been clinically proven to deliver visible results, with satisfaction rates ranging from 91% to 100%. Clinical trials show significant improvements in stretch mark appearance, skin firmness, and overall skin texture.

What sets the Natural Botanical Maternity skincare line apart is its commitment to sustainability. It features upcycled ingredients, such as organic Tangerine Extract, offering a gentle yet effective solution for mothers. Additionally, the line uses eco-friendly packaging made from FSC-certified paper and recycled plastics.

“We believe that a mother’s well-being directly impacts the development and happiness of her baby. That’s why we are committed to providing effective solutions that support both maternal self-care and family happiness. Our dedication to sustainability ensures that our products are not only gentle on the skin but also kind to the planet, with eco-conscious practices that prioritise the future of both mothers and the environment.”
– Mr. Yusuke Nakata, CEO, Pigeon Singapore Business Unit.

With its dedication to both maternal well-being and environmental responsibility, Natural Botanical Maternity skincare aims to support mothers through every stage of motherhood while promoting a healthier planet.

Tailored Solutions for Every Stage of Motherhood

For optimal skin during pregnancy & postpartum:

Prevent

  • Stretch Marks Cream – Prep your skin for the massive stretch with Peptides and Amino Acids

Target

  • Stretch Marks Serum – Lighten stretch marks scars with BrightenPlu5+, a skin-loving brightening combination

Restore

  • Firming Cream – Tighten and smoothen skin appearance with Carnitine and Peptides

On-The-Go

  • Collagen Hydro Mist – Relieve dry skin quickly with a blend of Collagen, Peptides and Panthenol

Hashtag: #Pigeon #NaturalBotanicalMaternity

The issuer is solely responsible for the content of this announcement.

About Natural Botanical Maternity

Natural Botanical harmoniously blends skincare science with ingredients hand-picked from Nature to deliver effective results while being gentle on the skin. Committed to sustainability, the brand also ensures that most of its packaging is crafted with recycled plastics, reflecting a dedication to reducing environmental impact. Embrace the power of nature combined with advanced skincare solutions with Natural Botanical, where beauty and responsibility go hand-in-hand .

Natural Botanical Maternity is now available at :
Baby Specialty Stores:

  1. Baby Kingdom
  2. Kiddy Palace
  3. Mummy Market
  4. Mothers Work

Department Stores and Health & Beauty Stores

  1. BHG
  2. Isetan
  3. OG
  4. Takashimaya
  5. Watsons

Online

  1. Pigeon
  2. Agape Babies
  3. Amazon
  4. Lazada
  5. Shopee

About Pigeon

PIGEON is a market leader in mother and baby care products. With extensive research to offer the highest levels of comfort, safety and quality, PIGEON is the preferred choice for high quality, durable and user-friendly merchandise for mothers, babies and toddlers. As an ISO 9001-2008 certified company, PIGEON has developed easy-to-use and affordable products for over half a century, for each step of motherhood and promotes the healthy development of the baby and the happiness of the mother and family through innovation and invention. The basis of our strong growth is our even stronger R&D unit. Based on three important processes, we create products that suit the exact needs of mothers, babies and toddlers:
  • Extensive study on the needs of new mothers and babies
  • Market research to identify the gaps between demand and supply
  • Our knowledgeable and motivated team of researchers

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VinFast VF 8 Demonstrates the Upstart Carmaker’s Ambition to Succeed

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HANOI, VIETNAM – Media OutReach Newswire – 27 December 2024 – The VinFast VF 8 is produced at one of Southeast Asia’s most advanced manufacturing facilities, reflecting the Nasdaq-listed company’s focus on efficiency and innovation to meet the evolving needs of global consumers while contributing to a greener automotive future.

The VF 8 offers one of the most competitive lease deals in the U.S., easing the transition for those switching to electric vehicles.

Inside VinFast’s Haiphong factory, the VF 8 and other vehicles in their comprehensive EV lineup embody the company’s pioneering vision. Recognized for its innovation and speed to market, VinFast secured a spot on TIME’s 2024 list of influential companies. As VinFast expands globally, its vehicles demonstrate advanced engineering and a commitment to sustainability. Among these, the VF 8 emerges as a flagship model, offering a glimpse into a smarter and greener automotive future.

Designed for North America’s SUV-Loving Families

In North America, SUVs account for nearly 55% of all passenger vehicle sales in 2023[1], reflecting their enduring popularity. The VF 8 embraces this trend, combining an elegant SUV-coupe silhouette with practical features tailored for everyday use. Its sloping roofline maximizes style and interior space, making it a strong contender for families seeking both comfort and aesthetics.

The VF 8’s minimalistic interior design reduces physical buttons, enhancing driver focus while maintaining a modern, uncluttered look. Its spacious cabin ensures a comfortable experience for both short trips and long journeys. Powered by an electric drivetrain, the VF 8 boasts significantly lower operating costs than traditional ICE vehicles in the same segment. This efficiency is a key factor for families considering long-term savings.

Adding to its appeal, the VF 8 offers one of the most competitive lease deals in the U.S., easing the transition for those switching to electric vehicles.

The VF 8 embodies a commitment to innovation and sustainability, symbolizing Vietnam's drive to lead the global green transformation.
The VF 8 embodies a commitment to innovation and sustainability, symbolizing Vietnam’s drive to lead the global green transformation.

The VF 8: A Testament to VinFast’s Vision

The VF 8 represents a milestone for VinFast, Vingroup, and Vietnam’s automotive ambitions. As Vietnam’s top car brand for the first 10 months of 2024, VinFast continues its global expansion with ventures in Indonesia, the Philippines, and the Middle East, as well as new assembly plants in Indonesia and India.

For Vingroup, the VF 8 embodies a commitment to innovation and sustainability, symbolizing Vietnam’s drive to lead the global green transformation. More than just a vehicle, the VF 8 showcases how thoughtful design and purpose-driven engineering can shape a better future.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

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