Corporate News
26 December 2018

Osotspa to help boost economic growth by teaming up with Thongfah (Blue Flag) Pracharat projects to offer consumers a wide array of products at discounted prices

Mrs. Wannipa Bhakdibutr (2nd from right), President of Osotspa PublicCompany Limited,visitedMr. Boonyarit Kalayanamit(3rd from right), Permanent Secretary of the Ministry of Commerce, to express the company’s appreciation for giving Osotspa the opportunity to participate in several projects organized by the ministry, and discussed possibilities for further collaboration in which Osotspa is well-positioned to help drive Thailand’s grassroots economy and the country’s economic growth.

Osotspa Public Company Limited,or OSP, has reinforced its commitment to supporting the government’s efforts to drive growth by teaming up with the Ministry of Commerce to offer Thais selected, high-quality goods through several initiatives including: 1) The Thongfah “Blue Flag” Pracharat scheme, which sells low-price products to low-income earners using pre-loaded welfare cards; 2) The New Year Grand Sale project, a New Year’s present that the government is giving to the Thai people; and 3) The Thongfah (Blue Flag) Fair, which is an activity by the Thai Government to help reduce the cost of living for low-income earners and connect the grassroots economy to the national economy.

Mrs. Wannipa Bhakdibutr, President of Osotspa PublicCompany Limited, said, “As Osotspa is Thailand’s leading consumer products producer and distributor, we are showing our continued support for the policies and programs that the government is implementing. Recently, we participated for the first time in a scheme organized by the Ministry of Commerce, the Thongfah ‘Blue Flag’ Pracharat scheme, which offers low-price products that low-income earners can purchase using pre-loaded welfare cards. In addition, to help boost the nation’s economy at the end of the year, we joined the New Year Grand Sale project. Also, we joined Thongfah (Blue Flag) Fair to help reduce people’s cost of living and help drive local economies that will, in turn, boost domestic economic growth. All in all, this gives people the opportunity to buy a wide range of products at prices lower than normal so that they can afford more of the products they need within a smaller budget. This will help to improve cash flow for the country’s economy and promote economic growth. We are pleased to provide a wide range of products at discounted prices. Especially for the New Year Grand Sale project that runs from now until 9 January, 2019, we are offering Thai people with prices up to 50% off as a New Year’s gift from Osotspa.”

Osotspa is offering over 30 items including Babi Mild products and Twelve Plus products at specially reduced prices. Among the most popular are products for kids, powder, lotion, soap, shower cream, and shampoo. Osotspa also believes that the government’s strategy to drive national economic growth will increase cash flow in the country’s economy. The Thongfah (Blue Flag) Fair in which the company is currently taking part has received overwhelming feedback and is generating considerable sales.

“Osotspa would like to express our gratitude to the Ministry of Commerce for giving us the opportunity to help support Thailand’s economic development by taking part in several projects organized by the ministry. Along with our participation, Osotspa is pleased to provide Thai people with a wide range of our products at special prices as another way to expand our distribution channels to consumers for greater access to our products. We stand ready to support the ministry’s policies that will play an integral role in reducing the cost of living for low-income earners, which will increase people’s purchasing power in a more concrete and constructive way, promote improved income distribution, and ultimately pave the way for continued growth in Thailand,” concluded Mrs. Wannipa.