Paramount Gardening, New Zealand’s elite property care partner, has announced exciting new franchising opportunities for prospective buyers interested in owning a lawn mowing business.
Franchises are available New Zealand-wide starting from $19,000. Entrepreneurs can join the Paramount Gardening team with full support to run their own businesses and provide premium outdoor services to customers nationwide.
Insights from Statista show that the revenue in the Lawn and Garden market will reach a significant amount of US$3.13bn (NZD$5.46bn) in the year 2025. This market segment is also projected to experience an annual growth rate of 2.01% (CAGR 2025-2029).
Buying a franchise in New Zealand has also proven profitable and yields a positive return on investment. According to the 2024 Franchising New Zealand report, 80% of franchise businesses have been operating for over a decade, reflecting a stable and mature sector for potential franchisees seeking a reliable business model.
Bill Wu, Director/CEO of Paramount Gardening, said, “We are thrilled to announce the launch of Paramount Gardening’s franchise opportunities, available nationwide across New Zealand. As a company that provides top-tier gardening and lawn mowing services, we are excited to empower passionate entrepreneurs to join our growing family. Together, we will help New Zealanders transform their outdoor spaces while creating a path to success for our franchisees. This is an incredible opportunity to build a thriving business with the support of a trusted brand.”
From running your own business to leading a more flexible work-life balance and spending time outdoors, a lawn and garden franchise provides many benefits–and with the right support, your business can flourish.
Paramount Gardening prides itself on offering a consistent franchise support system. The team will guide you through the entire process, from the initial enquiry to signing paperwork and setting up a franchise. All franchisees will undertake intensive training and achieve certification in NZQA Level 2 Horticulture to feel confident on the job with the right knowledge and skill set.
Start your own business with Paramount Gardening today. Learn more about the franchising opportunities and how to buy a lawn mowing business.
Media Release on 25 February 2025
Media Contact Bill Wu, Paramount Gardening Email: BWu@paraserve.com Phone: (09) 3767853 Website: https://paramountgardening.co.nz/
Members of Parliament (MPs) from across the political spectrum in Aotearoa are preparing to lace up their sneakers and lead by example as part of the Fit For Office (F4O) Challenge, launching on March 5, 2025, at 8:15 AM on the Parliamentary Steps. Supported by Exercise New Zealand (ExerciseNZ), this three-week initiative aims to promote the importance of regular physical activity while adding a fun, competitive edge among MPs.
With fitness trackers strapped on, participating MPs will engage in daily movement and track their physical activity, showcasing the benefits of exercise not just for the public but for those in leadership positions. The event launch will be officiated by ExerciseNZ, which will kick off the challenge by distributing Myzone heart rate monitors to MPs ready to begin their activity journey.
ExerciseNZ CEO Richard Beddie emphasises the significance of this initiative:
“Fit For Office is about showing that no matter how busy your schedule, there’s always time to prioritise your health. Our MPs are leaders in many ways, and by actively engaging in this challenge, they are setting an example for all New Zealanders to incorporate movement into their daily routines.”
Scientific research continues to highlight the significant mental and physical benefits of regular exercise. Just 15 minutes of movement per day can lead to:
4% improvement in overall fitness
12% increase in energy levels
8% better sleep quality.
Over the longer term, regularly meeting WHO guidelines of 150 minutes of physical activity per week brings even more significant benefits—including adding 10-15 years to life expectancy, lowering all-cause mortality by up to 20%, and reducing the risk of multiple conditions – everything from cancer to dementia.
A global report on the economic and health costs of physical inactivity by Deloitte found the NZ economy loses over 2.3 billion dollars annually due to inactivity, of which 650 million is by way of increased taxpayer funded healthcare costs.
This challenge encourages all forms of physical activity, from simple tasks like walking and gardening to high-intensity workouts, ensuring MPs can participate regardless of their current fitness levels.
Using Myzone wearable technology, MPs will track their movement and engage in friendly competition via a private leaderboard, with the ultimate goal of achieving 1,000 Myzone Effort Points (MEPs) in three weeks, aligning with World Health Organization recommendations for physical activity.
The initiative also focuses on practical ways to increase movement, including:
Group Activities – Exercising with colleagues, family, or friends for motivation.
Incidental Exercise – Walking, cycling, or taking the stairs instead of the elevator.
Goal Setting – Encouraging MPs to set personal movement goals and track their progress.
The launch event will be open to the media, providing an opportunity to capture MPs embracing healthier lifestyles. MPs will also be encouraged to share their journeys on social media throughout the challenge.
HONG KONG SAR – Media OutReach Newswire – 24 February 2025 – Generali Hong Kong continues to lead efforts in Diversity, Equity, and Inclusion (DE&I) through its continued commitment to fostering an inclusive workplace and promoting understanding and respect across the broader community. Reflecting its mission to be a “Lifetime Partner”, these efforts highlight the company’s dedication to driving positive impact.
Generali Hong Kong champions inclusion with an LGBTQI+ video series that has garnered over 5 million views.
Generali Hong Kong’s DE&I initiatives extend across LGBTQI+ inclusion, women empowerment, neurodiversity, disability support, and the impactful The Human Safety Net program. As part of the LGBTQI+ inclusion initiatives, a series of LGBTQI+ educational and awareness videos, successfully launched to foster a more inclusive society through engaging and heartfelt storytelling, has surpassed 5 million views and received overwhelmingly positive feedback.
LGBTQI+ is an initalism for Lesbian, Gay, Bisexual, Transgender, Questioning (or Genderqueer/Queer), and Intersex, while the “+” represents other diverse gender identities and orientations.
Launched just six months ago, the LGBTQI+ video series was originated by Generali Hong Kong and produced in collaboration with G Dot TV, a Hong Kong-based media platform dedicated to empowering the LGBTQI+ community. Throughout the production process, the series brought together community members and allies to share their authentic stories, shed light on the challenges they face and raise public awareness.
Globally, Generali supports LGBTQI+ inclusion through a range of initiatives, including its employee resource group (ERG), WE PROUD. This ERG is dedicated to promoting insight-sharing and fostering collaboration across Generali’s global markets. It also stimulates and supports local business units in their participation in Pride events and local initiatives. Its work is part of a broader strategy to create inclusive workplaces and communities, reflecting Generali’s ongoing commitment to DE&I.
Ady Law, Chief Distribution and Marketing Officer of Generali Hong Kong, shared, “At Generali Hong Kong, we are committed to fostering a workplace culture that encourages innovation, celebrates diversity, and empowers talent to thrive. This video series reflects Generali’s value of building an inclusive society where everyone feels valued and supported to express their true selves.”
Cammy Kwok, Director of G Dot TV, added, “We deeply appreciate Generali Hong Kong’s efforts to involve the community in producing this video series to promote diversity, equity, and inclusion. As a community-based media platform, we are committed to amplifying the voices of the LGBTQI+ community, and we are grateful that Generali Hong Kong shares our values. Throughout the production process, their team demonstrated a strong commitment to understanding the community’s needs and authentic stories, enabling us to connect with community members and public in meaningful ways. Their actions truly embody the spirit of diversity and inclusion.”
Generali Hong Kong’s efforts to create an inclusive workplace have been recognized with prestigious industry awards, including the Grand Award winner in the ‘Outstanding Corporate Social Responsibility’ category at the Hong Kong Insurance Awards, the Corporate Social Responsibility – Excellence Performance award at the Bloomberg Businessweek (Chinese Edition) Financial Institution Awards and the Top Insurance Employer by Insurance Business Asia.
Hashtag: #GeneraliHongKong
The issuer is solely responsible for the content of this announcement.
Consultation onan Inland Revenue Issues Paperon the taxation of charity and not-for-profits opens today.
Finance Minister Nicola Willis says the Government is committed to a strong charity and not-for-profit sector, as well as high levels of fairness and integrity in New Zealand’s tax rules.
“New Zealand not-for-profits make a significant contribution to the community, and the Government provides tax relief for not-for-profit organisations that meet certain requirements.
“It’s important the public has confidence they are getting value for money from these tax concessions.”
Revenue Minister Simon Watts saysthe Issues Paper canvassesoptions to “simplify rules, reduce compliance costs and address tax integrity risks”.
“It’s important we make sure the settings are right and fit-for-purpose.”
“No decisions have been made and all feedback will be considered.”
The discussion document discusses and seeks public submissions on charity business income tax exemption, donor controlled charities, and integrity and simplification.
The consultation document can be foundhere. Consultation closes on March 31 2025.
PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), offers its inaugural Sukuk Ijarah, marking another historic milestone in its financial diversification strategy.
The Sukuk, with a maximum amount of Rp2 trillion, is offered in three series with tenors of 370 days, 3 years, and 5 years, providing flexible investment options.
Proceeds will be allocated evenly: 50% for heavy mining equipment and 50% for working capital, driving sustained long-term growth.
BUMA has secured an A+ Syariah rating from Pemeringkat Efek Indonesia (Pefindo) and Fitch Ratings, underscoring its financial strength and operational stability.
JAKARTA, INDONESIA – Media OutReach Newswire – 24 February 2025 – PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), announces the offering of Sukuk Ijarah I BUMA 2025 (the Sukuk), its inaugural Sukuk. With a maximum amount of Rp2 trillion, the Sukuk offering marks another historic milestone in the Group’s financial diversification strategy, expanding the Group’s investor base into Sharia financial markets.
Sukuk, often referred to as an Islamic bond, is a Sharia-compliant financial instrument similar to conventional bonds but structured to generate returns from underlying asset performance instead of interest, ensuring adherence to Sharia financial principles. The Sukuk Ijarah I BUMA 2025 is offered in three series: Series A with a duration of 370-day tenor, Series B with a 3-year tenor, and Series C with a 5-year tenor, starting from the issuance date. Quarterly Ijarah Fee payments will begin on June 20, 2025, with final bullet payments upon maturity in March 2026, 2028, and 2030. The bookbuilding period takes place from February 24 to March 7, 2025.
Iwan Fuad Salim, Director of Delta Dunia Group, stated, “The offering of Sukuk Ijarah I BUMA 2025 marks another key milestone in our financing strategy, diversifying our financing sources while enhancing operational capabilities. The strong investor demand for our recently oversubscribed BUMA II 2024 Bond underscores confidence in BUMA’s financial strength and disciplined execution. The Sukuk offering further reinforces our credibility and ability to secure diverse funding sources for sustained growth.”
The global Sukuk market continues to expand, driven by rising demand for Sharia-compliant financial instruments and increased government and corporate issuances. Southeast Asia—particularly Indonesia and Malaysia—continues to be a key region, benefiting from a mature Sharia financial ecosystem, strong regulatory frameworks, and established financial institutions. With the global Sukuk market projected to surpass $1 trillion in outstanding assets by 2025, Indonesia is expected to play a major role in sustaining this momentum [1], offering significant opportunities for issuers and investors alike.
“By tapping into the growing Sharia financial market, the Group builds on its diversified financing sources, strengthens its capital structure, broadens its investor base, and reinforces its commitment to financial resilience and operational excellence,” Iwan added.
BUMA successfully secured an A+ Syariah rating from PT Pemeringkat Efek Indonesia (Pefindo) and Fitch Ratings, reflecting the company’s financial stability and low default risk profile.
Silfanny Bahar, Director of BUMA, added, “The proceeds from Sukuk Ijarah I BUMA 2025 will be strategically allocated to support BUMA’s long-term growth in Indonesia—50% for capital expenditures, particularly heavy equipment, and 50% for working capital. This initiative strengthens financial resilience while ensuring operational efficiency. BUMA is committed to seizing this momentum to enhance its overall competitive advantage. With a well-defined strategy that expands into mine ownership, commodities, and diversified financing sources, we remain confident in generating long-term value for our stakeholders.”
The Sukuk Ijarah I BUMA 2025 offering is supported by leading arrangers PT BCA Sekuritas, PT BNI Sekuritas, and PT Sucor Sekuritas, with PT Bank Rakyat Indonesia as the trustee.
[1]https://www.fitchratings.com/site/pr/10296561
Hashtag: #DeltaDuniaGroup
The issuer is solely responsible for the content of this announcement.
An independent panel has approved resource consent, subject to conditions, for the Wellsford North residential subdivision in Wellsford, Auckland.
Wellsford Welding Club Limited applied for resource consent under the COVID-19 Recovery (Fast-track Consenting) Act 2020.
The project involves constructing a residential subdivision on Rodney and Monowai Streets in Wellsford, Auckland.
The resource consent conditions are in the decision report on the page linked below.
The decision comes 214 working days after the application was lodged with the Environmental Protection Authority.
The Environmental Protection Authority is not involved in the decision-making. We provide procedural advice and administrative support to the panel convenor, Judge Laurie Newhook, and the expert consenting panel he appoints.
Note that this application was made under the COVID-19 Recovery (Fast-track Consenting) Act 2020 and not the more recent Fast-track legislation.
The remainder of the Wellington District will move into a restricted fire season at 8am on Tuesday, 25 February, until further notice.
Porirua and the Kāpiti Coast entered a restricted season on 28 January. Now, Wellington’s city suburbs, Hutt Valley and all of the Wairarapa will join those areas in moving to a restricted season.
A restricted fire season means anyone who wants to light an outdoor fire must go towww.checkitsalright.nzand apply for a fire permit authorised by Fire and Emergency.
Wellington District Community Risk Manager Phil Soal says a lack of recent rainfall and windy conditions across the District has led to an increase in fire danger.
“The vegetation has dried out and the fire danger is now high, meaning any escaping fires will be fast moving and difficult to control and extinguish,” he says.
“People will need a permit to light a fire, and they will need to comply with any conditions set out.
“This is a very risky time of year for wildfires, so we’re asking everyone to help us keep Wellington District’s people, property and environment safe from fires this summer.”
It’s not every day commuters between Napier and Hastings get to see a drilling rig in Tutaekuri River.
But that’s exactly what they’ll see from early March as work progresses on the State Highway 2 Hawke’s Bay Expressway Road of National Significance project.
The drilling rig will be here and in other locations on the expressway for approximately 4 weeks while geotechnical investigations are carried out, subject to consent approval.
NZ Transport Agency Waka Kotahi Principal Project Manager Jacob Laird says the outcome of the investigations will be providing information to help finalise the detailed design of new structures, which form part of the stage 1 construction.
“Before creating new roads and structures (bridges, underpasses and culverts), it’s important that we first get a complete picture of the ground around them. Ground conditions also change over time and the geotechnical investigations will confirm the exact conditions for our designers to work from.
“We are working with Hawke’s Bay Regional Council and mana whenua to ensure conditions of our consents will be met. We appreciate the importance of working carefully and respectfully in and around water.
“In March, we’ll also start the clearance of some vegetation between Pākōwhai Road and Taradale Road to allow for the investigations and future project work.
“This project is a really exciting one for the region and for regular users of the expressway. We’re really grateful for the support we’ve received so far from the public – we don’t take that support for granted, and we’re looking forward to being able to provide people with a safer, more efficient inter-city link,” says Mr Laird.
For more details on the vegetation plan and the project in general:
Tutaekuri River Bridge looking towards Hastings. The drilling rig, once on site and subject to consent approval, will begin geotechnical investigations to the right of the picture.
SINGAPORE – Media OutReach Newswire – 24 February 2025 – British Council Singapore celebrated the achievements of exceptional UK alumni at the Study UK Alumni Awards 2025, held at The Fullerton Hotel Singapore, on 20 February. This flagship event honours individuals who have leveraged their UK education to make significant contributions to their professions, communities and societies.
British Council Singapore Honours Outstanding UK Alumni at the Study UK Alumni Awards 2025
The Study UK Alumni Awards are a testament to the power of education and collaboration in tackling common challenges and finding lasting solutions to these.
The 2025 Awards celebrated winners across four categories, each recognising the transformative impact of UK-educated Singaporean professionals:
Business and Innovation Award – Wen Si Chow, for promoting inclusion and equal opportunities for women in the STEM industry.
Culture and Creativity Award – Chong Soon Khong, for significant contributions to Singapore’s creative music landscape.
Science and Sustainability Award – Stephanie Choon Xia Liaw, for impactful work in energy transition and sustainability.
Social Action Award – Shalom Lim Ern Rong, for exceptional efforts in driving inclusion and positive change in society.
UK universities consistently excel in world rankings, with four featured in the 2025 QS World University Rankings top ten. The strength, depth and diversity of the UK higher education sector – from small conservatoires to large metropolitan universities – has always attracted students from all parts of the world, including close to 7000 students from Singapore who choose to pursue higher education in the UK every year.
The Study UK Alumni Award winners exemplify the value of their world-class UK education, using their expertise to drive innovation, address pressing challenges, and contribute to Singapore’s progress.
Speaking at the event, H.E. Nik Mehta OBE, British High Commissioner to Singapore, commended the awardees: “All four Singapore winners inspire me because they are making a difference to our world in fields ranging from science and sustainability to culture, social engagement, and business innovation. Their stories illustrate how higher education can be a life-changing experience – shaping minds, values, ambitions, and futures”.
On 9 August 1965, the UK was the first country to establish diplomatic relations with the newly independent Singapore. As Singapore celebrates its 60th birthday this year, the 2025 Awards hold special significance, underscoring the profound and enduring
educational and cultural ties between the UK and Singapore, cemented over these 60 years.
As Lissy Vadakel, Country Director for British Council Singapore, commented: “Through these Awards, we celebrate the achievements of outstanding UK alumni in Singapore. This is also an occasion for us to come together as a community, with at least one commonality: in one way or another, be that through our educational experiences, our professional lives, or our personal and social connections, we are part of the Singapore-UK fabric”.
The High Commissioner also reflected on the lasting impact of UK-educated Singaporeans in growing and strengthening bilateral relations: “At the heart of our countries’ partnership are our people, who have forged lifelong professional and personal connections in our communities. These ties contribute to the mutual trust and understanding between our countries today and will do so for years to come”.
The British Council remains committed to supporting and celebrating the aspirations of UK alumni worldwide, ensuring their achievements continue to inspire future generations.
For the editor
Recipients of Study UK Alumni Awards Singapore 2025
BUSINESS AND INNOVATION AWARDS
Wen Si Chow
University of Bristol
Wen Si Chow is a currently a Senior Legal Counsel at Mott MacDonald. She strongly believes in promoting inclusivity and equality within society. In this regard, her previous stint as a lawyer in private practice has seen her working on a pro bono basis and helping the less privileged in society access legal advice and representation. At Mott MacDonald, Wen Si also serves as the Asia Lead for Inclusive Networks for Women, a regional initiative which seeks to encourage the support of women within the organisation, in the hope that this advances the further promotion of women within the STEM industry as a whole. Wen Si credits her time at the University of Bristol with broadening her perspective on equality in society, as well as increasing her exposure to, and appreciation of, the unique cultural diversity that is found in Southeast Asia.
CULTURE AND CREATIVITY AWARD
Chong Soon Khong (Ken)
Bath Spa University
Dr Ken Chong is an award-winning composer, chart-topping songwriter, and an educator at tertiary institutions, including Nanyang Technological University. Ken’s accolades include Apple Music Best Song of 2016 (China) for his song “Rainbow Bot”, sung by Mandopop queen Stefanie Sun, as well as recognition for his music in full feature films, TV programmes, and advertisements. Bath Spa University was pivotal in Ken’s songwriting career, where almost half of his songs submitted for his Master of Music final year project were sold to popular Chinese music artists upon graduation. Ken attributes his success to the university’s ability to help him identify his strengths and passions, and then develop knowledge and skills towards achieving excellence. Ken recognises the benefits of music composition, often perceived as exclusive to a gifted few, and hopes to show how technology has democratised composing, such that anyone can create. He credits his UK educational journey with the impact he now has as a music teacher on his students at various institutes of higher learning in Singapore.
SCIENCE AND SUSTAINABILITY AWARD
Stephanie Choon Xia Liaw
University of Strathclyde
University of Birmingham
Stephanie Liaw is the Energy Lead for Singapore and Malaysia at Mott MacDonald, where she drives energy transition and sustainability initiatives across Asia. She is currently leading the cross-border interconnector projects at various phases to integrate green energy, connecting Singapore and the ASEAN Power Grid. Under her leadership, Mott MacDonald developed a model to assess interconnector impacts, funded by the UK FCDO under the UK-SG Green Economy Framework. Stephanie’s Engineering and MBA studies in the UK provided a transformative, multicultural experience, equipping her with valuable technical insights and business opportunities to advance energy transition in the region. Her enduring passion lies in ensuring equitable energy access in underdeveloped countries, advancing renewable energy by reducing carbon emissions, and enhancing community livelihoods through Just Transition principles. This passion continues to fuel her mission as an Energy Lead, committed to bringing clean energy to shape a more sustainable future for all.
SOCIAL ACTION AWARD
Shalom Lim Ern Rong
University of Liverpool
Shalom Lim is an artist and a writer, as well as an advocate dedicated to disability inclusion in Singapore. As a committee member on the Management Board of the Disabled People’s Association, he strives to improve social policies relating to disability and to shift public perspectives. He has also collaborated with K9Assistance to expand access to assistance dogs for individuals and families with non-vision disabilities in Singapore. Shalom’s storytelling, through books and performances, challenges perceptions and touches hearts, showing others that people with disabilities can thrive academically and contribute meaningfully. Pursuing Criminology and Security at the University of Liverpool shaped Shalom’s confidence in advocacy and his passion for justice and inclusion. The university’s open discussions helped him recognise the power of his voice in pushing for change. Shalom continues to use his art and writing to build a more inclusive society in Singapore, and to inspire others to see inclusion as a necessity, not a choice.
Hashtag: #BritishCouncilSingapore
The issuer is solely responsible for the content of this announcement.
BANGKOK, THAILAND – Media OutReach Newswire – 24 February 2025 – BAFS has announced its 2024 financial results, reporting total revenue of THB 3.507 billion and a net profit of THB 102.9 million, marking a 175% increase from the previous year and the company’s first profitable year since the COVID-19 pandemic. This turnaround to profitability was driven by a high volume of aviation fuel refueling and pipeline oil transportation. BAFS plans to distribute a yearly dividend of THB 0.30 per share for 2024. Looking ahead to 2025, the company has allocated an investment budget exceeding THB 1 billion to strengthen its business and expand into Asian markets, targeting an 8% revenue growth.
M.L. Nathasit Diskul, President of BAFS demonstrated robust and consistent business growth in 2024
M.L. Nathasit Diskul, President of Bangkok Aviation Fuel Services Public Company Limited (BAFS), stated that BAFS and its subsidiaries (BAFS Group) demonstrated robust and consistent business growth in 2024, leading to the company’s first profitable year since the COVID-19 outbreak in 2019, with a net profit of THB 102.9 million—a 175% increase from the previous year. This growth was primarily attributed to a surge in aviation fuel refueling volume, which reached 5.047 billion liters, exceeding expectations, along with a significant increase in northern pipeline oil transportation to 1.226 billion liters. These factors drove total revenue to THB 3.507 billion, reflecting a 14% year-over-year increase, in line with the recovery of the tourism sector. EBITDA also grew by 21% year over year, reaching THB 1.594 billion.
In Q4 2024, BAFS Group recorded total revenue of THB 955.4 million, a 19% year-over-year increase, with EBITDA of THB 343.9 million, supported by higher gross profits resulting from increased aviation fuel sales. Operating expenses rose by 1% while net finance costs decreased by 9% due to scheduled debt repayments to financial institutions and lower interest rates on commercial bank loans. The company recognized a Q4 loss due to a fair value adjustment of its investment in a Japanese power plant and an impairment of goodwill from a domestic power plant. Additionally, it wrote off deferred tax assets (DTA) that were deemed unlikely to be utilized in the future. These accounting adjustments had no cash flow impact and resulted in a Q4 net loss attributable to shareholders of THB 49.8 million.
Following its strong performance in 2024, the Board of Directors approved a dividend payout of THB 0.30 per share for 2024. This includes an interim dividend of THB 0.10 per share, paid on September 3, 2024, and a final dividend of THB 0.20 per share, scheduled for payment on May 22, 2025. The final dividend is subject to approval at the company’s 2025 Annual General Meeting.
BAFS Group will continue its commitment to sustainable growth in 2025, targeting an 8% revenue increase. With over THB 1 billion allocated for strategic investments, the company will collaborate with partners to explore new business opportunities while enhancing Thailand’s energy transportation infrastructure. A key project is the extension of the northern oil pipeline connecting Ang Thong and Saraburi led by BAFS Pipeline Transportation Co., Ltd. Construction is set to begin in Q1 2025, with commercial operations expected to commence in 2026. Once completed, the total length of the pipeline system will exceed 726 kilometers, making it the longest and most advanced oil transportation pipeline in Thailand and the longest in Southeast Asia.
Amid the ongoing energy transition and its challenges, BAFS Group remains committed to sustainable value creation and energy security. The company’s five-year strategic plan (2025-2029) focuses on three key pillars. The first pillar, Solid Financials for Uplifting Asia, involves expanding investments across Asia, leveraging BAFS Group’s capabilities to seek investment and growth opportunities in the Asian market. Two key contributors are BAFS INTECH Co., Ltd., which is driving the expansion of the aviation refueling truck market in Southeast Asia, and BAFS Clean Energy Corporation Co., Ltd., which is currently advancing investments in Mongolia.
The second pillar, Sustainability and Governance for a Thriving Future, focuses on supporting the transition of society and the aviation industry to a sustainable energy era, primarily by preparing for the adoption of sustainable aviation fuel (SAF). Last year, BAFS began SAF refueling services at Samui and Suvarnabhumi International Airports and recently obtained ISCC-CORSIA certification in the logistic center scope for its aviation fuel storage and refueling stations at Don Mueang and Suvarnabhumi Airports.
The third pillar, Re-imagining the Future of Work for Human Empowerment, emphasizes building a future-ready workforce by enhancing employees’ skills in generative AI and digital literacy to ensure adaptability to changes. BAFS is also assessing and preparing its IT infrastructure to provide employees with secure and convenient access to generative AI tools to boost efficiency.
