Category Archives: Sports

City Football Group Helps Employees Score Goals with SAP® SuccessFactors® Solutions

SOUTH SAN FRANCISCO, Calif., Feb. 15, 2017 (GLOBE NEWSWIRE) — SAP SE (NYSE:SAP) today announced that City Football Group has implemented SAP® SuccessFactors® human capital management (HCM) solutions to help manage its growing international workforce. City Football Group, home to internationally renowned football clubs including Manchester City, New York City FC, Melbourne City FC and Yokohama F. Marinos, is working with SAP to increase operational efficiency and consistency across its global workforce to empower employees with self-service and collaboration tools to help enhance productivity and engagement.

“As an international sports brand with teams in multiple markets, ensuring that all of our employees feel invested in our overall success is a top priority for our organization,” said Andy Young, CFO of City Football Group. “The implementation of SAP SuccessFactors solutions has helped us simplify and consolidate our HR processes. By giving employees the mobility and flexibility to access the system from anywhere and on any type of device, we can communicate and engage with our people all over the world in new and dynamic ways. We’re committed to attracting, developing and retaining the best talent around the world, and having the right technology solutions is a critical part of achieving that.”

As it has grown and expanded into new clubs and new continents, City Football Group wanted the right technology partner to move to an advanced human resources information system (HRIS). It implemented the SAP SuccessFactors Employee Central solution to transform its data into a single structure. Deployment of the SAP SuccessFactors Performance & Goals solution further enabled the organization to standardize performance management and calibration processes across geographies. Performance reviews are now managed through an interactive online portal that is universal across all locations, making the review process more efficient and engaging. People are now empowered with self-services, and central HR data is made available to all other business systems.

City Football Group is also utilizing the SAP Jam™ social software platform to keep employees engaged and up-to-date on the latest football and company news, while also providing a user-friendly space for employees to collaborate. SAP Jam allows employees in remote locations to more easily organize a range of community initiatives, a key focus of City Football Group.

“As businesses continue to rapidly expand their footprint across the globe, they add additional layers of complexities for all functions, not the least of which is HR,” said Mike Ettling, president of SAP SuccessFactors.* “Our cloud-based HCM solutions help ensure they can simplify and standardize. We are a leader in offering deep global and local capabilities, while at the same time delivering an awesome user experience that lets people get done what they need to do easily from a mobile device, as well as stay connected to one another to help them collaborate in real time. By keeping its people at the heart of the organization, no matter where they are in the world, City Football Group wins on and off the field.”

City Football Group is the latest international organization to adopt SAP SuccessFactors solutions to run HR live in the cloud. As more companies look to transform their HR teams to meet the demands of an increasingly global and digital workforce, they are embracing leading SAP SuccessFactors solutions to help unify and optimize HR processes, while also fostering a mobile, cloud-first philosophy.

For more information, visit the SAP News Center. Follow SAP SuccessFactors solutions on Twitter at @SuccessFactors and SAP at @sapnews.

*SAP SuccessFactors is a new brand name launched in January 2016 and is used here to mean the offerings, employees, and business of acquired company SuccessFactors, which continues to be our legal entity until integration with SAP is complete.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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Media Contact:
Geraldine Lim, +1 (415) 418-0945,, PT

Press Releases : Launch of “Sustainability in Thailand: Experience for Developing Countries” and panel discussion under the theme “Pathways to Sustainability: Thailand’s Sufficiency Economy Philosophy” at the United Nations Headquarters in New York

On 12 January 2017, the Permanent Mission of Thailand to the United Nations, in cooperation with the United Nations Office for South-South Cooperation (UNOSSC), will launch a publication entitled Sustainability in Thailand: Experience for Developing Countries and convene a panel discussion under the theme Pathways to Sustainability: Thailand's Sufficiency Economy Philosophy at the United Nations Headquarters in New York, and will be chaired by His Excellency Mr. Don Pramudwinai, Minister of Foreign Affairs of the Kingdom of Thailand, and Mr. Jorge Chediek, Envoy of the Secretary-General on South-South Cooperation and Director of the United Nations Office for South-South Cooperation (UNOSSC).

The publication launch event will be held on the eve of the handover ceremony of the chairmanship of the Group of 77 from Thailand to Ecuador. This publication, jointly published by the Royal Thai Government and the UNOSSC, is the first in the 'South-South In Action' Publication Series, and highlights the important role the Sufficiency Economy Philosophy, as graciously bestowed by His Majesty the late King Bhumibol Adulyadej to the people of Thailand over two decades ago, in the development of the Kingdom. While paying tribute to His Majesty the late King and his royal duties in the field of development, the publication will provide insights into Thailand's successful initiatives and undertakings both at the policy-maker and practitioner levels. Thailand's home-grown approach and development experiences are shared as lessons learnt for other countries in their pursuit of sustainable development.

Following the publication launch, a panel discussion under the theme Pathways to Sustainability: Thailand's Sufficiency Economy Philosophy will be convened. The panel consists of Ambassadors and Permanent Representatives of Argentina and Sri Lanka to the United Nations and Director-General of Thailand International Cooperation Agency (TICA) who will share their perspectives based on their respective country's experiences in South-South cooperation with particular emphasis on the Sufficiency Economy Philosophy. The interactive panel discussion will also be participated by high-level officials and experts from different countries and entities of the United Nations, with the objective to strengthen a more impactful South-South cooperation.

The publication launch and panel discussion could be viewed at on at 16.30 - 18.00 hrs. local time in New York (04.30 � 06.00 hrs. on 13 January 2017 local time in Thailand).

Source: Ministry of Foreign Affairs, Kingdom of Thailand

PM vows to get tough especially with passenger vans within 3 months from now

Prime Minister Prayut Chan-ocha has vowed to get tough with public buses and passenger vans to make sure that they strictly abide by the laws within in the next three months from now before the Songkran long holidays when a lot of people are expected to travel to upcountry provinces again.

Referring to the high road accidents and fatalities during the New Year's long holidays despite the government's no drunk driving campaign, the prime minister said that his government had exhausted all the means to reduce the accidents and the resulting fatalities, be it the use of Section 44 to impound cars, making arrests and everything and yet people still get killed.

Simple fact. If there are activities, there are consequences as occurred. Many people using cars, cheap oil, good roads and cars run faster while drunk driving remains. So what laws can solve these problems besides the spirit of joint participation of every one of us. You asked how they can be solved? We in the cabinet have discussed the issue long enough, said the prime minister, adding that he preferred the next government to tackle the problems.

However, he said that he had one last option to deal with rogue public transport drivers within the next three months from now.

The prime minister said that every bus and passenger van driver must keep a logbook in which he or she must note down his/her name, the driving time, the route.

Police at every checkpoint must check the logbooks. If a driver is found to have driven beyond the time limit, the vehicle must be impounded and all passengers told to get off to board a new van or bus and a new driver must be found, said the prime minister.

He also threatened to replace rogue drivers with military personnel.

The prime minister blamed past governments for doing nothing to deal with illegal passenger vans, but allowing them to be registered and to operate legally while breaking all the safety rules, be it overloading, speeding, illegal modification of the vehicles.

However, he admitted that the government alone would not be able to solve the problem with passenger vans unless all parties concerned join hands to solve the problems.

Source: Thai Public Broadcasting Service (Thai PBS)

Corrections chief insists Jatuporn’s health condition has improved after treatment

Red-shirt leader Jatuporn Promphan is expected to be discharged from the Corrections Department's hospital and taken back to Bangkok special prison on Wednesday.

Corrections department chief Kobkiart Kasiwat said on Monday that the chairman of the United Front for Democracy against Dictatorship (UDD) was admitted to the hospital on December 29 after he had a fever and felt cold.

However, after the treatment, he said Jatuporn's condition has improved with no fever and urine test did not show abnormal count of white blood cell. Denying the rumour that Jatuporn's health condition has deteriorated, he said whoever that Jatuporn would be given a CT scan when the office opens as normal on Tuesday.

Mr Kobkiart assured that the red-shirt leader would be readmitted to the hospital for treatment if the CT scan shows any abnormalities.

Source: Thai Public Broadcasting Service (Thai PBS)

SET News :SET ready for further growth in 2017 after posting 2016 remarkable businesses

The Stock Exchange of Thailand (SET) has revealed

its achievements in 2016, underlining SET's strategic plan to develop an ideal

capital market for all stakeholders, while strengthening the foundation for the

Thai capital market, economy, society, and the country in line with the

government's economic development policies.

SET's remarkable success showcased in 2016 covering four aspects:

1) Business: SET proved upbeat businesses at domestic and regional levels:

- Liquidity reaching number one in ASEAN for five consecutive years with the

average daily trading value at THB 53.21 billion (As of December 15, 2016)

(approx. USD 1.52 billion)

- Market capitalization from initial public offerings (IPOs) at THB 155.61

billion (approx. USD 4.45 billion)

- In terms of trading value, the ratio of retail investors to institutional

investors is 53 percent to 47 percent, the number has been growing through SET's

joint marketing activities with securities firms, asset management firms and

alliances to expand investor base, such as promoting online investment channels

and educational campaigns.

2) Quality: The quality of Thai listed firms was reflected by:

- 14 companies selected for the Dow Jones Sustainability Index (DJSI), the

largest figure in ASEAN

- 30 listed companies were included in the FTSE4Good ASEAN 5 Index, out of total

of 78 companies, considered the highest number in ASEAN 5.

- Thailand's ASEAN CG Scorecard has increased continuously to 87 in 2016 from 84

a year ago.

- Their average Corporate Governance Rating (CGR) scored at 78 percent.

- The MSCI Index added five Thai companies, bringing the total to 34.

- Thai listed firms have recently won 14 investor relations awards from the

international IR magazine, out of 24 awards from ASEAN.

3) Infrastructure: SET has continued to provide and develop state-of-the-art

infrastructure and capability in accordance with international practices:

- Receiving ISO/IEC 27001:2013 certification for information security management

system standard and ISO/IEC 20000-1:2011 certification for information

technology services management system standard

- Upgrading the risk management measures for the clearing and settlement system,

in accordance with the regulatory standards of the Principle for Financial

Market Infrastructure (PFMI)

- Developing FundConnext, a mutual fund trading platform which will be launched

in March 2017, with 50 firms in mutual fund industry confirmed to utilize the

platform. Out of this more than 90 percent of asset management companies or 22

firms have confirmed to adopt the platform.

4) Raising international profile: Hosted the General Assembly of the Asian and

Oceanian Stock Exchanges Federation (AOSEF), the Association of National

Numbering Agencies (ANNA) General Meeting 2016, the IR magazine Award ceremony,

in Bangkok, while SET President Kesara Manchusree has been elected as a member

of the Board of Directors of the World Federation of Exchanges (WFE).

SET President Kesara Manchusree stated that in 2016 despite the impact of both

internal and external factors, SET could achieve robust growth and top

positioning compared with regional markets underpinned by the country's strong

fundamentals, government economic stimulus and listed companies' adaptability to

changing economic conditions. Therefore, SET will gear up towards 2017 growth

to develop the capital market for all stakeholders, driven by the vision "To

Make the Capital Market 'Work' for Everyone".

Businesswise, SET has continuously showcased its leading position in the region

with the SET Index rising to 1,519.65 points with 17.98 percent growth (As of

December, 15 2016) and liquidity reaching number one in ASEAN for five

consecutive years with the average daily trading value at THB 53.21 billion (as

of December 15, 2016). The market capitalization was at THB 155.61 billion from

IPOs (estimated as of end-2016), and via secondary market at THB 279.34 billion.

For new products, a new "sSET Index" will officially be launched on January 4,

2017, following the 2016 line-up of new product launches including rubber

futures and TFEX Gold-D electronic gold futures. This provides the Thai capital

market with diverse product range for investment and risk management, thereby

increasingly meeting the needs of all investor groups. In addition, further

development of the startup platform, where startups can meet the fundraising

source, will accelerate next year. In terms of quality, throughout 2016 the

number of Thai listed companies which are part of the calculations for global

indices has consistently increased. The MSCI Index added five Thai companies

(bringing the total to 34). Seven Thai listed firms recently won 14 investor

relations awards from the international IR magazine (out of 24 awards for ASEAN


In raising listed companies' quality towards international standards, 14 Thai

companies were able to meet key performance indicators and were selected to be

constituents of DJSI, the highest in ASEAN. Out of the total of 78 companies, 30

Thai listed firms were included in the FTSE4Good ASEAN 5 Index, considered

highest in the region. In addition, 55 listed firms met the benchmark for

Thailand Sustainability Investment list, up from 51 firms last year, showing

that Thai listed firms have focused on operating business with ESG concerns. For

corporate governance aspect, Thailand's ASEAN CG Scorecard has increased

continuously from a score of 84 in 2015 to 87 in 2016, while the Corporate

Governance Report of Thai Listed Companies 2016 included 601 listed companies

with higher scores across all categories averaging 78 percent, which was higher

than the 2015's average score of 75 percent.

Stable and balanced investor base: In terms of trading value, the ratio of

retail investors to institutional investors is 53 percent to 47 percent. Foreign

investors have become net buyers in Thai stocks as they bought net of THB 78.26

billion worth of shares during January-December 15, 2016. The number of retail

investors (January-October) have been growing with 79,723 new investors from

equity traders, while 10,785 coming from derivative traders. This was partly due

to SET's collaboration on financial educational activities with securities

firms, asset management firms and alliances including online channels and social

media, as well as initiating the enterprise learning center to provide

exclusive training to startups and SMEs. In addition, SET has encouraged mutual

funds and provident funds (PVD) investment by providing training to 187,190 PVD

members and attracting 741 employers to provide employee's choice schemes for

provident funds. (January-October, 2016)

Infrastructure has constantly been improved for greater efficiency in operations

with international standards. SET has achieved ISO/IEC 27001:2013 certification

for information security management system standard and ISO/IEC 20000-1:2011

certification for information technology services management system standard.

Thailand Clearing House Co., Ltd. (TCH), a SET subsidiary, has upgraded the risk

management measures for the clearing and settlement system in accordance with

the international standards of PFMI. SET has developed FundConnext, a mutual

fund trading platform which will be launched in March 2017, with 50 mutual fund

firms confirmed to utilize the platform. Out of this, more than 90 percent of

asset management companies or 22 asset management companies confirmed to connect

with the platform. Furthermore, SET has adjusted internal processes, such as in

procurement and facilities management, in line with the principles of the Green

Policy, among others.

In 2016, SET played significant international role by hosting the Asian and

Oceanian Stock Exchange Federation (AOSEF) Conference as well as the Association

of National Numbering Agencies (ANNA) General Meeting 2016, and the IR magazine

Award ceremony. As for the upcoming international events in 2017, SET will host

an event for the World Federation of Exchanges called "WFE General Assembly and

Annual Meeting 2017" during September 6-8, 2017. Significantly, the recent

international recognition was when the SET President was elected as a member of

the Board of Directors of the World Federation of Exchanges (WFE). In this

capacity, SET will act as intermediary between ASEAN stock exchanges and the

stock markets of WFE members around the world in the sharing of information on

the development of stock markets in emerging countries, which in particular can

benefit the development of stock exchanges in the CLMV nations. The WFE's

mission to strengthen sustainability in member exchanges will also be supported.

Source: The Stock Exchange of Thailand

PM tells law enforcement officials not to talk about Dhammachayo case

Prime Minister Prayut Chan-ocha on Tuesday put a gag on all police officers on issues regarding Wat Dhammakaya and its former abbot, Phra Dhammachayo, saying that the main focus now is to let the due process to take its course.

This is a normal process. When there is a court warrant, an arrest warrant, a warrant or a search warrant, it must be implemented. There is no need for me to emphasize or to give extra instructions, said the prime minister.

As head of the government, I wish to reaffirm that any decisions made � whether they are right or wrong � are matters of justice process which we cannot use sentiment to make the judgements, said the prime minister, adding that the legal process must proceed.

The prime minister, however, noted that the last thing he wanted to see regarding the Dhammakaya affairs is internal conflict among the Buddhists.

But the law is the law. Whatever is illegal must be dealt with accordingly, said the prime minister as he pleaded with members of the media to exercise restraint in reporting about the Dhammachayo case, saying that over-reporting will serve no good purpose but will tend to worsen the conflict.

As for actions to be taken against Dhammachayo, the prime minister said he wanted police officers in charge of the case not to talk about the case or to talk the least about the case.

Source: Thai Public Broadcasting Service (Thai PBS)

TFEX welcomes Hongta Futures as a new member

Thailand Futures Exchange PCL (TFEX) welcomes Hongta

Futures Co., Ltd. (HOT) as a member of TFEX to operate as derivatives brokerage

for agricultural futures, effective from November 7th , 2016 onwards.

HOT is located at 1/12 Bangna Thani Building (floor 6, no. 6A1), Soi Bangna-Trad

34, Bangna-Trad road km. 3, Bangna, Bangkok 10260, tel: 0 2399 2484-86, Fax: 0

2399 2489, website:

SET "The 5th Decade of Sustainable Wealth for Thais"

Source: The Stock Exchange of Thailand

Alleged major drug trafficker Laota arrested

After two years of manhunt, narcotics police have finally arrested Laota Sanlee, an alleged major drug trafficker of the Golden Triangle.

Pol Maj-Gen Sommai Kongvisaisook, acting commissioner of narcotics police, disclosed on Tuesday that Laota was apprehended along with 13 other suspects in Mae Ai district of Chiang Mai today.

The arrest of Laota and his men followed a sting operation in which undercover police, posing as buyers, offered to buy 20 kgs of crystal meth worth about 10 million baht from Laota's gang and subsequent police raids.

Pol Maj-Gen Sommai said that it was very difficult for police to approach Laota because he was always surrounded by many Hmong tribesmen until Wednesday when police managed to nab him.

He said if Laota is allowed to go on with his illicit drug business, the latter would one day become a politician because he has many followers among his Hmong tribesmen and also money.

Laota allegedly operates several legitimate businesses from drug money which include hotel, restaurants, gas stations and housing estates in Chiang Mai and Chiang Rai provinces.

Source: Thai Public Broadcasting Service (Thai PBS)