Bangkok--Feb 28--Aziam Burson-Marsteller
Millea Group, Japan's market leader in insurance, in collaboration with the Sri Muang Insurance and Millea Life Insurance announces scholarship program and major social contribution efforts with financial aid of over 230 Million Baht
The Sri Muang Insurance Co., Ltd., and Millea Life Insurance (Thailand) PCL in conjunction with the management of Millea Group and the Tokio Marine Kagami Memorial Foundation, have announced 50 scholarships for students in the six tsunami-affected provinces in Southern Thailand. The total financial aid for Thailand and Asia in social contribution activities is over 230 million Baht. Activities incorporated in this social contribution program include scholarships for post-graduate students from ASEAN nations, donations for tsunami victims and the continuation of its reforestation efforts through mangrove restoration and plantation.
Kiyoshi Kumagai, Managing Director of Tokio Marine Kagami Memorial Foundation said: "The foundation was established to encourage academic research and foster human resources, particularly in ASEAN countries which have been major business alliance nations of the Millea Group's subsidiaries for many years. The foundation initiated the award of scholarships for ASEAN students and this initiative has been implemented for over 15 years. Thailand is among the top three nations for number of awardees."
The Tokio Marine Kagami Memorial Foundation started the scholarship award
project for ASEAN students in 1990 as a commemorative effort for the 110th Anniversary of Tokio Marine & Nichido Fire Insurance Co., Ltd., the largest and oldest general insurance company in Japan.
The scholarship program is intended to provide scholarships for international students from ASEAN nations including Thailand, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore and Vietnam. The awardees pursue their studies, at Masters or Doctoral levels, in top-notch universities in Japan. A total of 69 scholarships have been awarded over 15 years and the top three nations for number of awardees are Thailand, Indonesia and Malaysia.
The Tokio Marine Kagami Memorial Foundation is funded by Tokio Marine &
Nichido Fire Insurance Co., Ltd. in cooperation with ASEAN Forum, the United Nations University and the UNESCO Asian Culture Center, with the concept of fostering personnel exchange and friendly relationships among ASEAN countries.
Recently, Millea Holdings Co., Ltd., Sri Maung Insurance and Millea Life
Thailand, in cooperation with the National Council on Social Welfare of Thailand (NCSWT) under the Royal Patronage, launched the "Scholarship Program and Environmental Camp" in Thailand. This initiative will provide 50 scholarships for needy students nationwide. The scholarships will preliminarily be given to students in the six tsunami-affected southern provinces including Phangnga, Phuket, Krabi, Ranong, Trang and Satun.
The scholarship program will inaugurate in 2005 and it is intended to provide educational support for needy Thai students in all levels of education, ranging from Grades 7 to undergraduate studies, with a medium level of average GPA. The aim is to extend our scholarship assistance to the maximum number of poor students while boosting awareness on environmental preservation. All scholarship students will be able to join the annually-held environmental camp.
The total of 50 scholarships will be divided into 5 groups; 10 scholarships each for 3-year lower secondary studies, 3-year upper secondary studies, 3-year lower vocational studies, 3-year upper vocational studies and 4-year undergraduate studies. Candidates must come from a poor family, have good behavior, report average grades (average GPA above 2.00) and be aged between 13-21 years.
In addition to the sponsorship program, the Millea Group also places a
great importance on environmental preservation. The Sri Muang Insurance Co., Ltd. and Tokio Marine & Nichido Fire Insurance Co., Ltd., a member of the Millea Group is implementing mangrove plantations in Thailand and throughout Asia, a program designed to preserve the natural environment.
Takaaki Tamai, CEO, Millea Asia Pte.Ltd., said: "We are focused on protecting the natural environment and promoting quality of life. We have conducted the ongoing mangrove reforestation and plantation project since 1999. In Thailand, we have undertaken the mangrove reforestation project in Chumphon and Ranong provinces and we are very proud that the project won the 2000 Mangrove Plantation Award for the conservation of deteriorated forest areas and was also presented with an award by HRH Princess Chulabhorn in 2002."
As a good corporate citizen of the Thai community, the companies of the
Millea Group recently donated 4.6 Million Baht to help those who were affected by the tsunami.
For more information
Please contact Waraporn/Kamolmas/Satida
Aziam Burson-Marsteller
0-2252-9871
[email protected] End.