Congratulations on the achievements of Mr. Chattarin Peetitakul, 4th year iMTM Student as the representative of the Panyapiwat Institute of Management to compete in the 11th Lee Kuan Yew Global Business Plan Competition which is held in Singapore from September 11th to 15th, 2023.
Mr. Chattarin Peetitakul and his startup business team called “Yabez” successfully advanced to the final round, becoming one of the “Revolutionized 50 Finalists” in the “Beta” category, which focuses on businesses in the early stages of revenue generation. In the competition, they received the 3rd prize in “The Maybank ASEAN Startup Award,” earning a total prize of SG$2,000. This achievement highlights Yabez as an outstanding startup ranked 3rd among all the competing businesses from the ASEAN region.
Team Yabez presented a business plan for their startup, ” YABEZ Sorderm Cream and Lotion,” which is a skincare product to treat psoriasis developed from the Thai Ancient Medicinal Texts by using the standardization herbal. The product is designed to effectively treat skin conditions without any side effects.
The Lee Kuan Yew Global Business Plan Competition (LKYGBPC) is a biennial university startup challenge in Singapore which is organised by the Institute of Innovation and Entrepreneurship (IIE) at Singapore Management University.