TEXT SIZE: A | A | A          

May 18, 2013 -- Updated December 14, 2012 01:02 HKT

Sunflowers bring beauty, profit to a town in Thailand


shayne@heffcap.com
Posted on: Dec 14th, 2012

Sunflowers bring beauty, profit to a town in Thailand

At this time of the year, Chong Sarika, a small town in Lopburi province, some 150 km north of this capital city, comes alive as the golden hue of sunflowers that are in bloom covers the entire town.

The small town in central Thailand is now dubbed as the ” Sunflower Capital” of the country as tens of thousands of visitors, including foreign tourists, flock to the place to enjoy the beautiful landscape and participate in the annual “Sunflower Festival” that kicked off last Friday.

The town has reputedly the largest Sunflower field in all Thailand, which is open and surrounded by rolling hills.

Nature lovers who love to gaze at the blooming sunflowers usually take the mini-trains, ride bicycles, or just walk through the vast expanse of the Sunflower field.

Statistics shows that there are about 12,000 acres of sunflower fields in the province.

But the plants offer more than just tourist attractions. Flower Food, a food manufacturer established in Y 1990 by a local family of Chinese descent, has been exploring the potentials of Sunflower as a source of natural snacks.

The business was started from an experimental planting initiated by the government in the 1970′s aimed at finding an alternative crop that the farmers could plant during the three- month break from Rice growing in the area.

Pradit Piramarn, an agricultural academic who led a research, found the Sunflower as an excellent alternative and thus he encouraged the local farmers to plant sunflower.

Mr. Piramarn later founded the Flower Food firm to buy Sunflower seeds from local farmers to be made into snacks.

As the 1st company in the country to produce Sunflower-based snacks, especially roasted kernels, Flower Food currently makes as many as 80 kinds of sunflower-based products. The firm exports around 20% of its products to 27 countries, particularly to China and neighboring countries in Southeast Asia.

Nowadays, Sunflower has become the small town’s signature business creating jobs for the locals and generating income for the town. At the major tourist sites, street vendors sell Sunflower-based foods items such as snacks, honey, wine as well as Sunflower-shaped handicrafts.

In Y 2011, Flower Food received “The OTOP Export Recognition” from the Thai government. OTOP, which stands for “One Tambon One Product,” is a local entrepreneurship program that is aimed at stimulating local communities to select one particular product to propagate and market.

“It’s not just a business that has given my family prosperity. It has also helped the people in my community to have a better life,” Pira Piramarn, the company’s business manager, said.

More News











 

image1

 


 

Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699

  Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.

He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Member
Chinese Society of Economists
American Economic Society




 

Enter your email address:Delivered by FeedBurner
 

Read the Terms of Service


 

Posted by on Dec 14th, 2012and filed underAsia Outdoors, Travel.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site
RESEARCH 1 of 6
Change Your Life, Become a Professional Trader

Change Your Life, Become a Professional Trader

Live on the beach, travel where ever you want, never have to worry about reporting in to the office, more than a dream it is a reality for many.

While I am involved on a …

Commentary

Sponsored Ads

Risk-Management-Process-2

Advertise with us


Investor Services

Best Hedge Funds 2013
Best Hedge Funds 2013

Best Hedge Funds 2013

Working with some of the World’s largest financial institutions HCM’s goal is to provide portfolio returns that exceed the S&P 500 Index benchmark while …

Sponsored Ads

img2

Advertise with us

Shayne Heffernan: How to Develop an Inflation Hedge 2013

Shayne Heffernan: How to Develop an Inflation Hedge 2013

Shayne Heffernan: How to Develop an Inflation Hedge 2013

QE1, QE2, QE3, the Bernanke “Twist” and QE4 are pumping out money at a rate never before seen in …

Chopard Jewels Robbed from Hotel Room at Cannes Film Festival

Chopard Jewels Robbed from Hotel Room at Cannes Film Festival

Chopard Jewels Robbed from Hotel Room at Cannes Film Festival

$1-M worth of Chopard jewelry has been stolen at the Cannes Film Festival.

French police confirmed to …

The Hot List

Hot Stocks EVSV, MJNA
Hot Stocks EVSV, MJNA

Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)

Enviro-Serv Inc (OTCMKTS:EVSV)

EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …

Sponsored Ads

saupload_metastock_pro_12_021

Advertise with us

shoutbox

How are you investing and why?


140 characters left  

Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!

Tue, 04/30/13 | 0 Comment

640         

65   

Guest: gsat get it now. if u snooze u lose

Fri, 04/19/13 | 0 Comment

1045         

104   

Sponsored Ads

Advertise with us


Subscribe to Live Trading News

NEW YORK           LONDON           BARCELONA           TOKYO           SYDNEY

back to topBack to top
    Add to RSS
    Find us on Facebook
    Follow us on Twitter
    Watch on Youtube
    Stay updated on LinkedIn