Bangkok—Siam Commercial Bank (SCB) has once again proudly partnered with the Sasin Graduate Institute of Business Administration of Chulalongkorn University to present the prestigious 20^th Bai Po Business Awards by Sasin. This year, six outstanding Thai SME entrepreneurs were recognized for their remarkable ability to drive business success, overcome challenges with creativity and visionary leadership, and showcase their potential to sustainably propel Thailand’s economy forward. The award winners are Soda Namcha Co., Ltd., Termnature Industry Co., Ltd., Nippan Intercrop Co., Ltd., Prolog Titanium Corporation Co., Ltd., Micron Promotion Co., Ltd., and V-ING Intertrade Co., Ltd. On this occasion, SCB Chairman of the Board Mr. Apisak Tantivorawong presided over the recent award presentation ceremony.

SCB Chairman of the Board Mr. Apisak Tantivorawong remarked that in the context of sustainable development, entrepreneurs play a pivotal role in driving the transition toward a green economy by adopting environmentally friendly production processes, promoting responsible consumption, and designing products and services with the entire life cycle in mind. It is inspiring to see that this year’s six award-winning entrepreneurs have embraced sustainability with a forward-thinking vision, prioritizing long-term value over short-term profits. Their approach underscores a profound understanding that sustainable businesses do more than simply survive—they create lasting economic, social, and environmental value in a balanced way. Regardless of industry, businesses that align with the Sustainable Development Goals (SDGs), conduct comprehensive impact assessments, and uphold good governance can strengthen their competitiveness while contributing to Thailand’s steady and sustainable economic growth for the future.

SCB Chief Executive Officer Mr. Kris Chantanotoke said that SCB remains steadfast in its commitment to empowering Thai entrepreneurs as they adapt and evolve under the guiding principle of "Live Sustainably." This approach serves as a crucial foundation for driving sustainability across all sectors. To support entrepreneurs in establishing green business practices, SCB has introduced the "Start to Survive" framework—providing a structured pathway for sustainable growth. This support extends to knowledge-building initiatives, raising awareness and understanding of sustainability through ongoing training programs by the SME Academy, as well as financial assistance through sustainable financing, helping businesses improve their environmental management in feasible ways. The Bai Po Business Awards by Sasin further reinforces SCB’s dedication to strengthening the SME sector. In collaboration with the Sasin Graduate Institute of Business Administration of Chulalongkorn University, the bank has consistently honored outstanding Thai entrepreneurs since 2007—recognizing those who have made a significant impact in their industries, embracing sustainability and responsible business practices toward customers, partners, society, and the environment.

For the 20^th Bai Po Business Awards by Sasin this year, six outstanding Thai SME entrepreneurs were honored for their exemplary bold entrepreneurship, demonstrating the courage to think differently, take action, and create a distinct competitive edge in their industries. Their success stories serve as inspiration for other entrepreneurs, encouraging them to embrace innovation, resilience, and sustainable growth as they navigate the evolving business landscape.

The six award recipients are as follows: 

          Soda Namcha Co., Ltd., through its White Story brand of bakery and ready-to-eat healthy food shops. Thriving under the grab & go business model, White Story caters to the New Normal lifestyle by prioritizing quality and customer-centric innovation. Using organic, preservative-free ingredients, food items on offer are designed to be both healthy and affordable and distinguished by its memorable brand. The business embraces sustainability, ensuring a zero-food-waste cycle by optimizing daily stocks and repurposing food waste into organic fertilizer. Additionally, it promotes eco-conscious practices by accepting plastic bags and wrapping film donated from customers for recycling. More than just a food business, it is a model of sustainability—caring for both people and the planet. (Recognition for Customer-Focused Product and Service, Operational Best Practice, and Sustainable Business Practice)

          2.  Termnature Industry Co., Ltd. Driven by gratitude to the country, this entrepreneur’s journey began with a royal scholarship, inspiring the development of snack products made from jasmine rice, Thailand’s key economic crop. What started as an innovation to address low agricultural product prices has expanded into a full-service OEM manufacturer, covering everything from research and development to production innovations, with a focus on baking techniques that ensure products are MSG-free, gluten-free, and cholesterol-free, all while maintaining affordability and high quality. Under the brands Grinny and O Puff, the company serves a wide customer base—from 9-month-old babies to working adults, providing nutritious and convenient snacks. Committed to social impact, the company actively supports Thai farmers, sourcing local agricultural raw materials from various provinces to drive sustainable growth and strengthen Thailand’s agricultural economy. (Recognition for Customer-Focused Product and Service, Innovative Enterprise, and Sustainable Business Practice)

          3. Nippan Intercrop Co., Ltd. A visionary entrepreneur has transformed a family-run egg and pig farm in Lopburi into a thriving enterprise focused on agricultural waste processing and sustainable development. Expanding beyond traditional farming, the business now produces pelletized animal manure fertilizer, providing efficient soil enrichment solutions for farmers. Driven by a commitment to improving local livelihoods, the company harnessed the abundance of Leucaena in the area to produce ground Leucaena, rich in xanthophyll, which enhances chicken egg quality—offering Thai farmers an alternative to imported solutions. Further sustainability efforts extend to processing corn cobs into animal bedding, feed ingredients, mushroom-growing substrates, and seedling materials, ensuring zero waste while supporting multiple agricultural sectors. From upstream to downstream, the business promotes economic stability for farmers by offering guaranteed raw material prices, creating jobs, and boosting local income through community employment. As a model of environmental responsibility, it exemplifies how Thai businesses can drive sustainability, support local agriculture, and make a lasting impact on both people and the planet. (Recognition for Sustainable Business Practice and Entrepreneurship)

          4. Prolog Titanium Corporation Co., Ltd. With a vision to elevate Thailand’s industry, the business successfully expanded access to world-class titanium materials at competitive prices, leveraging its extensive expertise in specialized engineering materials. This strategic growth has positioned it as the largest one-stop service center for titanium products in Southeast Asia, offering comprehensive solutions in material sourcing, design, and production to meet the evolving needs of clients. Distinguished by cutting-edge technology, its operations focus on enhancing quality, optimizing production costs, and adhering to international certification standards. At the same time, the business upholds a strong commitment to environmental responsibility, actively recycling titanium scraps while prioritizing the safety and well-being of surrounding communities, ensuring a sustainable and forward-thinking approach to industrial growth. (Recognition for Innovative Enterprise, Customer-Focused Product and Service, and Entrepreneurship)

          5. Micron Promotion Co., Ltd., the manufacturer of storage solutions under the Super Lock brand, has built its reputation as an expert in storage solutions. The brand stands out as Thailand’s first and only brand to incorporate Microban technology into grade A plastic products, ensuring long-term antibacterial protection in food containers. Committed to consumer-centric design, Super Lock develops products that address consumer pain points, striving to become a lifestyle solution provider that seamlessly integrates hygiene and convenience. Strengthening its operations, the brand has also enhanced internal management with a comprehensive technology system, linking operational processes to international standards—reflecting confidence, quality, and innovation in every product. (Recognition for Customer-Focused Product and Service, Branding and Marketing, and Operational Best Practice)

         6. V-ING Intertrade Co., Ltd. V!NG, Thailand’s first marathon running sandals brand, originates from a passion for marathon running and a desire to overcome the injury challenges associated with traditional running shoes. Turning personal experience into innovation, the founder developed running sandals, health shoes, work shoes, and fashion shoes, creating a business that rapidly gained recognition. With the groundbreaking introduction of the world’s first running sandals featuring a carbon plate, V!NG revolutionized footwear—providing the same power and performance as Super Shoes, enhancing jump efficiency, and maintaining an ultra-lightweight design. The brand name V!NG stems from the Thai word “wing,” which means running, with the exclamation mark symbolizing energy, motion, and a memorable identity that sets it apart. (Recognition for Innovative Enterprise, Branding and Marketing, and Entrepreneurship)

SCB remains committed to empowering Thai SMEs, providing support to help them thrive, overcome challenges, and reach new heights in their business journey. The Bai Po Business Awards by Sasin celebrates entrepreneurs who have made a significant impact in their industries, serving as inspiring role models for others striving for success and sustainable growth. This recognition highlights the vital role of Thai SMEs as the backbone of the economy. With strong collaboration between the business sector and financial institutions, opportunities for growth and success remain open for high-potential SMEs, ensuring entrepreneurship continues to propel Thailand’s economic progress forward.