UPS APPOINTS BOON TIAM TAN TO LEAD UPS THAILAND Affirms UPS Thailand’s long standing commitment in supporting local businesses expansion

Wednesday 27 May 2015 11:22
UPS (NYSE:UPS) announced today that Boon Tiam Tan has been appointed Managing Director of UPS Thailand. He is responsible for all aspects of UPS Thailand’s business from small package, freight forwarding to contract logistics. With a career spanning a decade at UPS, Tan had held various positions in audit, treasury, and finance and accounting at the Asia Pacific Region Office and China. Prior to his current appointment, Tan was based in China as Director of Finance and Accounting for UPS China.

“With intra-ASEAN trade demonstrating strong growth , we believe that a regional trade bloc like the ASEAN Economic Community (AEC) holds much benefits for our customers in Thailand and the region,” said Jim O’Gara, President of South Asia District, UPS Asia. “Tan brings with him a wealth of business experience that puts him in an ideal position to lead UPS Thailand in supporting our customers to capture the growth opportunities presented with the establishment of the AEC.”

“Thailand’s strategic location makes it an important gateway for our customers and UPS. As the country shows signs of economic recovery, I am focused on strengthening our efforts to deliver more value to our customers by gaining a deeper understanding of their business pain points,” said Tan. “Currently, more than a quarter of Thailand’s exports are intra-ASEAN. Along with the government’s effort on eliminating trade barriers and promoting exports expansion through recent approved infrastructure programs and special economic zones, we are excited about the prospects ahead for our customers, particularly those in the automotive and high-tech industries.”

As part of continuous efforts to facilitate trade for customers in the region, UPS recently announced the expansion of its service portfolio in Myanmar to include express delivery and contract logistics services. Thailand is Myanmar’s second largest trading partner and trade between both countries was worth US$5.57 billion in 2014 . The new services complement existing air and ocean freight services launched in August last year, and customers can now leverage a full range of logistics solutions to capitalise on increased cross-border trade with this emerging market.