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..Press Release................................ UNESCAP News Services

Date 12 May 2005
Press Release No: N/23/2005

LOXLEY, GREEN SPOT AMONG PROMINENT REGIONAL BUSINESSES JOINING UN GLOBAL COMPACT

Eighteen enterprises from Bangladesh, Hong Kong, Maldives, Singapore, Sri Lanka and Thailand
sign on at special ceremony set for 13 May

BANGKOK (United Nations Information Services) -- Loxley Public Company, Ltd. and Green Spot (Thailand) Co. Ltd. are among 18 regional companies and organizations which will sign on to the UN Global Compact at a special ceremony at 18:30 hrs on Friday, 13 May 2005 as part of the Asia-Pacific Business Forum 2005.

The UN Global Compact, which promotes corporate social responsibility, links business enterprises with UN agencies, labour and civil society. A senior official from the company or organization will commit the enterprise to support 10 principles in the areas of human rights, labour standards, environmental performance and anti-corruption.

The new members and their representatives at the ceremony include:

Thailand
- Agency for Real Estate Affairs - Dr. Sopon Pornchokchai, Managing Director
- Agricultural Prospect - Mr. Pipit Jaovisidha, Managing Director
- CPS Starch Co., Ltd - Mr. Jitipot Viriyaroj, Managing Director
- The Federation of Thai Industries (FTI) - Mr. Praphad Phodhivorakhun, Chairman
- Green Spot (Thailand) Co. Ltd. - Mr. Chote Sophonpanich, Chairman
- Loxley Public Company Ltd. - Dr. Jingjai Hanchanlash, Executive Vice President
- Narai Intertrade Co. Ltd. - Mr. Vassilios Lathouras, Chief Executive Officer
- Topmast International Co., Ltd - Mr. Somchai Hongrattanavichit, Managing Director
- Top Ten Trading Group Co., Ltd. - Mr. Niwat Kiranantawat, Chief Executive Officer
- Vichaiyut Hospital and Medical Center - Ms. Arunee Suwanrux, Representative
- Welfix (Thailand) Co., Ltd. - Mr. Apisit Thammajai, Managing Director

Bangladesh
- Green Delta Insurance Company Ltd. - Mr. Nasir A Choudhury, Managing Director & CEO

Hong Kong, China
- Hong Kong People's Council for Sustainable Development (PCSD) - Mr. Albert Lai, Chairman

Maldives
- FarAway Holidays Pvt Ltd. - Mr. Sim Ibrahim Mohamed, CEO/Managing Director

Singapore
- Centre for Corporate Social Responsibility - Mr. Stephen Loke, President

Sri Lanka
- Kosala Limited - Mr. Kosala Wickramanayake, Chief Executive Officer

Viet Nam
- College of Business Administration for Managers of the Vietnam Chamber of Commerce and Industry - Ms. Nguyen Thi Son, President

Regional
- Greater Mekong Subregion Business Forum (GMS-BF) - Mr. Nang Sothy, Board of Directors

Mr. George Kell, Executive Head, UN Global Compact, New York, Thai Minister of Industry, H.E. Mr. Watana Muangsook, and UNESCAP Executive Secretary Mr. Kim Hak-Su will officiate at the ceremony which will be held at 18:30 hrs in the UN Conference Centre, Bangkok.

For further information, please contact:
Mr. David Lazarus, Chief
United Nations Information Services Bangkok
Tel: +(66-2) 288-1861-69; Fax: +(66-2) 288-1052
E-mail: unisbkk.unescap@un.org

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