Deloitte Thailand is delighted to announce the 2023 Thailand’s Best Managed Companies today. The awards program, in its third edition this year, recognises 27 exceptional private businesses in Thailand for their organisational success and contributions to their industry and the economy.
To achieve this Best Managed Companies title, businesses undergo a rigorous assessment led by a panel of multi-disciplinary and independent judges. Applicants are evaluated based on four core pillars, namely strategy, capabilities and innovation, culture, and commitment, as well as governance and financials.
This year, the prestigious award in Thailand welcomes 17 new winners who has successfully qualified as a Best Managed company for the first time, along with 10 companies who have qualified to maintain their Best Managed status year-on-year.
| Thailand Best Managed Companies 2023 Winners | |
| Company | Industry Sector |
| Won 3 consecutive years | |
| Better Pharma Co., Ltd. | Agriculture |
| Carabao Group Public Company Limited | Beverage Manufacturing & Distribution |
| C.J. More Co., Ltd. | Retailer, Grocery, Convenience Stores, Food & Beverage |
| S. Khonkaen Foods Public Company Limited | Food and beverage manufacturing |
| Won 2 consecutive years | |
| Aksorn Education Public Company Limited | Education |
| CP-Meiji Co., Ltd. | Food and beverage manufacturing |
| Magnolia Quality Development Corporation Limited (MQDC) | Property Development |
| NR Instant Produce PCL (NRF) | Food and beverage manufacturing |
| Sappe Public Company Limited | Food and beverage manufacturing |
| SCGJWD Logistics PLC | Logistics service provider |
| First-time winners | |
| Asian Alliance International Public Company Limited | Human and pet food Manufacturing |
| Asian Sea Corporation Public Company Limited | Human and pet food Manufacturing |
| Bumrungrad Hospital Public Company Limited | Healthcare |
| Forth Smart Service Public Company Limited | Top up service provider |
| Ichitan Group Public Co., Ltd | Food and beverage manufacturing |
| Jubilee Enterprise Public Company Limited | Jewelry |
| MP Group Co., Ltd | Healthcare |
| Origin Property Public Company Limited | Property Development |
| Paolo Medic Company Limited | Healthcare |
| Paolo Samut Prakan Company Limited | Healthcare |
| Prasit Patana Public Company Limited | Healthcare |
| Siam Medical Company Limited | Healthcare |
| Thai Medical Centre Public Company Limited | Healthcare |
| Samitivej Public Company Limited | Healthcare |
| Taokaenoi Food and Marketing Public Company Limited | Food and beverage manufacturing |
| Thai Union Feedmill Public Company Limited | Agriculture |
| UAC Global Public Co., Ltd | Trading, Industrial products, Oil & Gas |
Subhasakdi Krishnamra, Country Managing Partner, Deloitte Thailand said, “Amidst the changing market landscape of the market, the winners of the 2023 Best Managed Companies award have demonstrated innovation, courage, and resilience. These visionary companies have placed great emphasis on delivering exceptional value to their talent, clients, and the communities they serve. I would like to congratulate all the winners for their exceptional achievement and look forward to witnessing more milestones in the years to come.”
“We are proud of the top private businesses that qualify and requalify for our Best Managed Companies award this year. These distinguished companies stand out with their innovative vision, offering best-in-class products and services, while committed to enhancing sustainability practices, fostering employee engagement, and maintaining a strong and resilient balance sheet.”, said Kamolwan Chunhagsikarn, Thailand Best Managed Companies Leader
These Thailand winners join a global network of Best Managed Companies comprising more than 1,300 organisations from 46 countries across the Americas, Europe and Asia Pacific. They have also been invited to join the annual Southeast Asia Best Managed Companies Regional Symposium and Gala Dinner 2023 in Bangkok, Thailand on 3 August 2023, for a night of celebration, networking and marketplace recognition.
A panel of independent judges reviewed applications and selected this year’s winners. The Thailand jury members are Darutsakorn Wisootthisin, Assistant Secretary-General, Thai Bankers’ Association, Thanadej Kulpitivan, Managing Editor, BrandAge, and Dr. Pavitra Jindahra, Assistant Professor of Marketing and Lead of Data Analytics Center, Sasin School of Management, Chulalongkorn University
Best Managed is a flagship program presented by Deloitte Private, a division of Deloitte exclusively focused on serving private clients of all sizes.
