Sign up | Log in



PR Today

Home >> Press Release

J.P. Morgan partners with Thammasat University to launch “Developing Youth Social Entrepreneurs & Rural Micro Entrepreneurs” initiative

Program to create 400 community-based entrepreneurs supported by public and private sectors

Bangkok, April 8, 2014 – J.P. Morgan and the JPMorgan Chase Foundation, in partnership with Thammasat University, Thailand’s second oldest university, today announced the launch of a  development program that is aimed at encouraging city youth to become social entrepreneurs as well as strengthening businesses in rural communities.


The “Developing Youth Social Entrepreneurs & Rural Micro Entrepreneurs” initiative, which is strongly supported by a range of public and private sector organizations, aims to improve entrepreneurial capabilities within three groups of people: new start-up entrepreneurs in rural areas; those in rural areas that are interested in starting new businesses but lack experience and skills; and finally, city youth with an interest in becoming social entrepreneurs. As part of the program, three of Thammasat University’s specialized institutes, the Human Resources Institute, the School of Global Studies and the Institute of Business Incubator will provide guidance and expertise to support the program and ultimately help develop 400 community-based entrepreneurs by next year.  


According to Associate Professor Witaya Danthamrongkul, Thammasat University’s Human Resources Institute’s Deputy Director, the initiative will improve the quality of life for those people in lower income communities by enabling them to earn a living in a sustainable and entrepreneurial environment. He added that the deep collaboration between the private and public sectors on this initiative is a first for Thailand.  

“Apart from Thammasat’s three key institutes, we have expanded our alliances to cover several public and private sector organizations so as to create a network of mutual support and ensure the project’s success. We are delighted that these organizations, along with our key partner on this new and exciting program, J.P. Morgan, will be playing important roles in supporting many communities throughout Thailand,” said Associate Professor Witaya Danthamrongkul.

“We are honored to partner with Thammasat University in helping build strong and sustainable communities and creating a network of social entrepreneurs amongst Thailand’s youth and across many rural communities. We are confident that this project will equip them with the necessary business experience and skills to lead them towards a successful and sustainable future,” said M.L. Chayotid Kridakon, Senior Country Officer, Thailand, J.P. Morgan.
Today’s announcement comes as J.P. Morgan celebrates its 50th year in Thailand, and reflects the bank’s deep commitment to supporting communities around the world. Each year, the firm and its Foundation give approximately $200 million to non-profit organizations around the world and lead volunteer service activities for employees in local communities, utilizing its many resources, including access to capital, strength, global reach and expertise.

About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at

About Thammasat University
Founded in 1934, Thammasat University is Thailand’s second oldest university and one of the country’s most prestigious higher education institutions. Now, with more than 37,000 students and 6,800 faculty staff, Thammasat University offers more than 240 academic programs across 23 faculties and colleges located on four campuses. For more information, please visit

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                            April  10, 2014 Subsribe Now !
• Laos looks to Japan for tourism boost Subcribe: Asean Affairs Global Magazine
• China, Laos ready to launch negotiations on railway cooperation deal
• Beeline to launch 4G network by year’s end
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• MH370 SEARCH: Search set to enter next phase - underwater
• Indonesian vote to set governor on course for presidency
Asean Analysis                    April 10, 2014
• Asean Analysis April 10, 2014
China, the Media and MH370: Public Diplomacy Hides Real Capability
Advertise Your Brand

Asean Stock Watch    April 9, 2014
• Asean Stock Watch-April 9 2014
The Biweekly Update
• The Biweekly Update  April 4, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand