Bangkok Business Brief Magazine - December 2012

609
-1

Published on

Bangkok Business Brief Magazine – Publication Information

Magazine – Thailand business news and organization & event updates
Circulation – 10,000 copies
Distribution – Bangkok & the Eastern Seaboard

Bangkok Business Brief Magazine - December 2012


Overview

The Bangkok Business Brief is a monthly business news magazine and daily website with domestic and regional business news articles aggregated from a variety of news agencies. Short synopses of articles are displayed online, though should the reader wish to view the full versions of the news stories, short URLs are included for easy navigation to the original sources’ story pages.

Each month, the printed stories are decided from the most popular online stories, as measured by analytics for Bangkok Business Brief’s website, and are again presented with short URLs and QR codes to take readers to the original articles in their entirety and to other related news, categorized into 12 areas of business interest.

The monthly circulation of 10,000 copies is highly targeted towards top- to mid-level managers and executives.


Print & Online News Categories

The news categories featured in both the Bangkok Business Brief monthly print version and the daily news website represent all sectors relevant to all business readers. Executives have the ability to quickly review the subjects pertinent to the industries in which they are employed or need to be informed about.

Circulation Information

The circulation of 10,000 copies incorporates direct mailing to mid-level to chief executive business people,including Chamber of Commerce members in Bangkok, the Eastern Seaboard, and around Thailand, as well as strategic, targeted placement in the business centres and executive lounges of Bangkok’s leading 4-5 star hotels’, business and social clubs in Bangkok,
and along with food delivery service orders.

With readership of the publication being in companies and hotels, the ‘pass on’ rate is estimated to be between 2.5 and 4 times each copy, and thus, the readership has been determined to be between 25,000 - 45,000 each month.

Published in: News & Politics
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
609
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Bangkok Business Brief Magazine - December 2012

  1. 1. BANGKOK BUSINESS BRIEFVol. No. 2, Issue No. 1 Mid-December 2012/Mid-January 2013 SPECIAL HOLIDAY ISSUE Read new business briefs everyday at www.BBBrief.com 13Social responsibility for the individualBy Dean OutersonCSR is everywhere these days. ‘feel-good’ section of every annual core business. Essentially, the CSR Social responsibility must be en-Over the past 20 years, corporate report. CSR activities receive in- projects are just add-on activities gaging to the people who are partsocial responsibility (CSR), has ordinate amounts of PR attention that satisfy legal requirements, and of it, and must be driven by thesebecome a standard component because every company executive as such, they lack any real social or same people, whether they’re em-of corporate strategy and corpo- wants maximum publicity for the community impact. At worst, they ployees, customers, suppliers, orrate budgets, and it’s become the good that they think they’re doing are just companies throwing mon- shareholders of the corporation. In for their community, the environ- ey at the closest charity. recent years, the concept of ISR, or ment, and the world. individual social responsibility, has Inside As the concept of CSR evolves, begun to gain some traction (PSR, General Interest 2 But ask any CSR consultant how some companies are starting to or personal social responsibility, is Finance/Investment 3 they feel about the state of corporate understand that in order for their also used), as the question “How social responsibility, and you’re lia- CSR work to be effective, it must can our company help?” is chang- Government/Economy 4 ble to get a mixed response. Yes, it’s be sustainable, organic, and in- ing to “How can I help?”. Production 5 great that most companies are do- volve all of the stakeholders in the Retail/Services 6 ing some form of CSR activity, but organization. But CSR profession- So what exactly is ISR? According Tourism 7 at the same, many companies are als are also realizing that corpo- to a number of websites and blogs, IT/Comms 8 adding CSR projects because they rate social responsibility can’t just ISR is commonly defined as “being Real Estate 9 think they must do something, and be an institution-driven initiative. responsible for our actions that af- The Chambers 10 in many cases, the projects have CSR has to be broken down to its fect communities outside our im- The Calendar 14 nothing to do with the company’s most basic part: the individual. Story continues on Page 12
  2. 2. 2 BANGKOK BUSINESS BRIEF Mid-December 2012/Mid-January 2013 www.BBBrief.com Briefs To read the full article of a story brief, enter the short code at the end of ...added that the company had set aside a significant investment budget of Bt200 million to Bt300 goo.gl/bH6PF million for overseas expansion. the story into your browser: Full story at http://goo.gl/bH6PFGeneral Interest some get dragged to their cars,” said between an employer and employ- ability and higher competitiveness 48-year-old employee Pranom Chi- ee, work rules, regulations or orders ahead of the Asean Economic Com- ang-ang. “Many women drink as a of an employer that provide for the munity. “SMEs are the blood veins way to escape their problems. I was employer to have an improper ad- of the Thai economy, contributing http://goo.gl/ozbNM always told I couldn’t understand... vantage over employees, the court 40 per cent of the country’s gross Full story at http://goo.gl/mWJPO shall have the power to order that domestic product and hiring 70 perA sobering issue in such employment contract, work cent of the workforce. They are...the workplace Non-competition rules, regulations or orders be ap- Full story at http://goo.gl/piknd provisions plicable only to the extent that theyIt’s six in the evening at Hua Thai Many employers put substantial are fair and appropriate in the cir- ManpowerManufacturing Plc, when dozens of resources into training people and cumstances”. Similarly, the Unfair development key togarment workers huddle inside and giving them valuable work experi- Contract Terms Act stipulates that Asean growthoutside the factory, can of beer in ence. Thus, departing employees “contract terms that are not voidhand, before starting overtime in an are a cause for concern in terms but cause the person whose rights At a seminar, leading executives saidhour. The company used to provide of potential loss of customers and or freedoms has been restricted to one key area in which Thai com-beer and alcohol to employees in the business. To address this risk, many shoulder more of a burden than a panies needed to be ready is theirevening but stopped in 2005 after an employers ask us whether they reasonable person could have... manpower, if they want to expandanti-drinking campaign. The bud- should include non-competition Full story at http://goo.gl/MMAi8 their businesses in Asean. Adirekget used to buy beers for employees provisions in employment agree- Sripratak, CPF’s extensive overseasnow goes for gifts in the company ments and whether such provisions More transparent activity tied in with its vision to belottery. are enforceable. SMEs the “kitchen of the world”. Sales rev- Lack of transparency has been cited enue in the domestic market is notLocated in Nonthaburi province, In Thailand, non-competition pro- as a major cause of the current crisis sufficient for long-term growth, hethe 28-year-old factory employs visions are governed primarily by that is consuming the entire globe. said, adding that the AEC presents700-800 workers, 95% of them the Labour Protection Act and the Seeing the need for more good a greater opportunity for Thai com-women. “It’s not safe if two drunk Unfair Contract Terms Act. Princi- governance, some organisations panies. Before entering each coun-employees have a row. Every time pally, they are enforceable in Thai- in Thailand have joined hands to try, the company has to ensure it hasa disagreement happens, friends land, subject to some restrictions. promote the element, particularly the capital, technologies and humanhave to look out for each other’s be- The Labour Protection Act provides among small and medium-sized resources for such a move, he said...longings, people end up crying and that, “for an employment contract enterprises, for their own sustain- Full story at http://goo.gl/hdmb2Professional Portfolio InternationalDedicated to Service Excellence PPI strives to help each client grow, protect, and enjoy their wealth in their own way and achieve Financial Freedom With its team of very knowledgeable and experienced Advisers, PPI delivers the highest level of financial planning and wealth management services to clients throughout Southeast Asia and beyond. www.ppi-advisory.com Professional Portfolio International (PPI) 209/1 K Tower, Tower B, 19th Fl., Unit 4, Sukhumvit 21 Rd.(Asoke) Klongtoey Nua, Wattana, Bangkok 10110, Thailand Tel +662 664 0968, +662 664 0145 | Fax +662 260 7769 Email: clientservices@ppi-advisory.com
  3. 3. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-December 2012/Mid-Jan. 2013 Briefs 3 To read the fu enter the shor the story into ll article of a t code at the story brief, end ...added that the set aside a signi company had General Inte your browser: of budget of Bt20 ficant investment goo.gl/bH6P rest liam Shakespe are 0 million for over million to Bt300 seas Full story at http: expansion. F Sponsored by Nature and life in JuliusCaesar. 1997-98 //goo.gl/bH6PFUse the QR Code reader in your ... seasons of the yea are cyclical _ wa the impact of s a blessing, as the mains 2008 would ha above the Europ the phases of the r, life and death, far worse ve been ean average.smartphone to see all the stories http://goo.gl/o zbNM Caught up in da moon, the tides. for the region, ily details, we eas Mokhtar, the managing ” Azman In India, China Asia stands to ily forget that - of Khazanah director rough and Thailand,in a certain category. gain from W has cycles, too. the business wo We are all fam rld told the CI Nasional of Malaysia, tion MB Asean Confe ly 12 percent of contribute to a the popula- slowdown est with the econo mic business cyc r ilia rence. the we aknesses of pension, while of expansion, con le His comme sion system are Thailand’s pen- K-SME plans nts were... covery. Howe traction and re- Full story ...Finance / Investment The shift of eco no mentum to the mic growth mo- phenomena affect... ver, other cyc lical at http://goo.gl/d fu2u Full story at htt p://goo.gl/rtpH 3 Thailand near Preventing B80m deals up numerous East has opened Full story at http://goo.gl/fJ Asian countries opportunities that out, suggests an should not miss Panel: Asia bett olr of list of wor ld top Bangkok from weakest pens ’s sinking bigges economist. off, not immun er systems: studion t K-SME Venture Capital Manage- The robust eco no from global cr e, y challenge China and em mic growth of ises Greece, India, Ch Land subsidence http://goo.gl/wKeiJ ment will invest nearly 80 million will open a ne w erging economi es KUALA LUMPUR : The As are home to the ian cri- pensi ina and Thailan weake d water losses tops caused by groun d Asian economi opportunity for sis in the late 1990s was a on systems in st national lems that must the list of prob- baht in two companies with an aim es to increase the call for the reg wake-up cripp the world, ko be solved in BaRoom for wealth from tra of listing them on the stock markets services at a tim e ir de in goods an out to be d ion that has tur a blessing in dis led by young retire k to ned eign debt, a mix of acute sover- clima mitigate the impact of the te change on States and Europ when the United nearly 15 years later, as the guise high ratios of pension ment ages, a study by multin flooding, says ng-Thai-Russian in the near future. One of the com- e Full story at htt are... financial sec region’s ers an d p://goo.gl/S65D6 able to sus tor is now strong and study poor pension take-up, a tain a certain showed. ers to work- The conclusio ational agencies . panies is a logistics operator and the Grow with th degree n is containeinvestment growth of shocks from a report entitl d in of cycles e flow Western Hemi the fallout in the The Allia and Ad ed “Climate Ris ks other is a honeycomb paper manu- to a panellist sphere, accord at a recent As nz ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ina ‘There is a tid conference. ean tracks the bility Index, which Asian ities”, jointly conducted by theSince joining the World Trade Or- facturer. men, which, tak e in the affair s of ity of nationa relative sustai nabil- Internati Development Ba nk, onal Cooperatio the Japan leads on to for en at the flood, “There wi l pension sysganisation in August, Russia has at- tune”, wrote Wi l- future, an ll be more crises d the Asian in 44 cou in the showe ntries around the world, tems and the World Bank in n Agency 2010. crisis in tirees d the number of Greek re-tracted more foreign investors who The fund will invest 18.2 million to people of wo rking age re- The report recom Full story at htt mended a...foresee opportunities in one of the baht for 40.99% of O&H Honey- p://goo.gl/20yMDworld’s major economies. Big Thai comb Paper, and 60 million baht forcompanies such as Siam Cement 18.46% of NCL International Lo-Group, Charoen Pokphand Foods gistics, said Patamaporn Chaiyakul,and Boonrawd Brewery are also in- managing director of Khao Kla Ven-terested in establishing plants there. ture Capital Management under K- SME Venture Capital Management.Boonrawd, brewer of Thailand’swell-known Singha beer, has report- Kitti Phua, chief executive of NCL,edly been exploring business op- said the company wants to increaseportunities in Russia since last year, capital to expand the business andseeking locations suitable for setting strengthen its competitiveness “Ifup plants in the future. However, no we don’t do anything now, we maydetails of its investment plans have lose the opportunity to Singapore...been made available. An informed Full story at http://goo.gl/9rc5Isource at Boon-rawd Brewery saidlast Friday that the company was se- Not time to investriously interested in accessing more in Thai stocks, saysmarkets overseas and had studied financial adviserinvestment opportunities in a... MBMG Group is a multi-award-winningFull story at http://goo.gl/5uc4P The government of Prime Minister professional research and advisory practice Yingluck Shinawatra should make that provides a full spectrum of investment,PWC report dubs a “big U-turn” in its economic poli-Dawei as ‘Darling’ insurance, financial and legal services for cies as they could make Thailand individuals, corporations and institutionsto investors vulnerable to impacts from global economic volatility, said Paul Gam- throughout Asia.Dawei, a special economic zone in bles, a regional financial expert.Myanmar, is a “darling” to poten- Founded in Thailand in 1996, MBMGtial investors from Japan, Thailand Gambles, managing partner at Group has since established a reputationand elsewhere for a host of rea- MBMG International, a Bangkok- for providing sound, intelligent andsons, according to a new report by based financial advisory company, impartial advice to clients from all walks of life. But don’t just take our word for it,international professional-services said that despite the country’s cur- look at the awards we’ve won....firm PricewaterhouseCoopers. The rent strong fiscal position, the Yin- • ACQ Finance Magazine Global Award, MBMGcompany cites as positives the zone’s gluck government’s huge spending Group, Business Advisory Firm of the Year,provisions relating to developers on infrastructure and car-purchase Thailand 2012 • ICFM Leading Regulated Fund Managementand investors; exemptions and re- and rice subsidies would increase Provider, Thailand 2012lief measures; restrictions; duties of the debt-to-GDP ratio to 60 per cent • ICFM Continental Awards, Thailand 2012 • Finance - Monthly Tax & Estate Planningdevelopers or investors; land use; in the next few years. Firm of the Year, Global Award 2012banks and finance management and • Finance - Monthly Tax & Estate Planning Firm of the Year, Thailand 2012insurance business; management “Right now, we have kind of open- • Lawyers World Global Leading Firm, Top Tierand inspection of commodities by ended stimulus programmes and Rankings 2012 • Lawyers World Annual Jurisdiction Awards 2012the customs department; quaran- there is no reason to do this. We • Lawyers Monthly Legal Award 2012tine; labour; and a guarantee of non- should not stimulate the economy at • The DealMakers M&A Awards 2012, Independent Financial Consultancy Firm of the Year (Thailand)nationalisation. the moment. We should accept the fact that with the global economyStill, investors are eyeing the country slowing down, the Thai economywith great suspicion, PwC says in its needs to come down a little bit,” saidlatest publication, “South East Asia Gambles in an exclusive interview– Investment Opportunities, Tax & to The Nation. MBMG InTernaTIonal Co., lTd.Other Incentives”, which is designed 75/56 Ocean Tower II, 26th Floor, Soi Sukumvit 19 Klongtoey Nua, Wattana, Bangkok 10110to give insights to investors wanting Gambles said he had been telling Tel: +66 (0) 2 665 2537 - 9to pour capital into Myanmar and everybody that he was waiting to in- Email: info@mbmg-international.comthe rest of Asean. The enthusiasm... vest in Thai stocks when they... Web: www.mbmg-international.comFull story at http://goo.gl/HN1og Full story at http://goo.gl/d4nWE
  4. 4. 4 BANGKOK BUSINESS BRIEF Mid-December 2012/Mid-January 2013 www.BBBrief.com Briefs To read the full article of a story brief, enter the short code at the end of ...added that the company had set aside a significant investment budget of Bt200 million to Bt300 goo.gl/bH6PF million for overseas expansion. the story into your browser: Full story at http://goo.gl/bH6PFGovernment / Economy Rising demand from consumption lines of the 2012 Australia-Thailand kilometres per hour running from among the middle class would in- Business Conference. “By 2020, Yunnan province to Laos and Nong crease production in the domestic Thailand will become a high-in- Khai in northeastern Thailand. Pas- arena as well as demand for import- come country.” sengers and cargo from Nong Khai http://goo.gl/EIbH6 ed goods and services. Thai exports could then travel to Bangkok and to the US should benefit from the The Australian government recently Rayong as well as south to MalaysiaPrivate sector policy and enjoy higher growth,” he issued a white paper outlining Aus- and Singapore. Other high-speedupbeat on Obama said. Pornsilp noted that Obama’s tralia’s shift in foreign policy em- rail links are planned from China to policies would take some time to phasising relations with its Asian Myanmar and Cambodia.policies, expect take effect, but the impact should... neighbours. Thailand is Australia’sexports to increase Full story at http://goo.gl/a0qvz eighth-largest trading partner. Mr Work on the China-Laos route isBusiness leaders are optimistic that Ramm said the Australian govern- expected to begin shortly. The proj-the re-election of US President Thailand ‘can steal ment plans to set up a business in- ect will be financed by the Export...Barack Obama will benefit Thai- Singapore’s crown’ cubator in Thailand to serve as a Full story at http://goo.gl/ryUSyland’s economy, with a possible in- An Australian business leader made “nursery” for exporters, offeringcrease in exports to the US. Pornsilp the unlikely suggestion at a confer- information and assistance for com- For Dawei,Patcharintanakul, vice chairman of ence yesterday that Thailand could panies and investors interested in taxpayers won’t paythe Thai Chamber of Commerce, surpass Singapore as a regional fi- starting a business in the country... The Dawei deep-sea port and indus-said Obama’s policies to reduce the nancial hub by becoming a new Full story at http://goo.gl/ukilC trial zone project took a new twistincome gap and promote the mid- gateway to Myanmar. Carey Ramm, Thursday, as the Thai governmentdle-class would help stimulate the executive chairman of the Austra- Train project right insisted it cannot spend taxpayerUS economy. This should be posi- lian consultancy AEC Group, said on track money for private gains in Dawei.tive for Thai exports because the Thailand is drawing greater interest A high-speed train project linking “The government itself cannot in-middle class is the largest segment from Australian investors thanks to southern China, Laos and Thailand vest directly in the Dawei project,of the US population, and would its diversified economic base and could start in 2015 in time for the as by practice the government can-have more purchasing power if the connections with China and India. launch of the AEC. Chamaiporn not directly fund any business inefforts succeed. Chuecharoen, the commercial the private sector,” said PM’s Office “With a better strategic position, counsellor for Thailand in Kun- Minister Niwatthamrong Bunsong-“If the policy is successful, the US Bangkok will become the next Sin- ming, China, said the project envi- phaisan, speaking in his capacity...will see stronger economic growth. gapore,” Mr Ramm said on the side- sions a train capable of speeds of 200 Full story at http://goo.gl/00m8j web • creative • event www.juslaws.com Looking to setup a new company but don’t know where to start? • Thai Limited Company • Formation of a Foreign Company – Amity Treaty Company – FTA-Thai Australia Company – JTPEA Thai Japanese Company – Foreign Business Act free consultation Bangkok Office: 1104/157 Noble Cube, Pattanakarn Road Tel: (66) 02.187.2640 - 1 • Email: Bangkok@juslaws.com Phuket Office: The Royal Place, 96/14 Chalermprakiet Ror.9 Rd Tel: (66) 076.304.353 – 5 • Email: Phuket@juslaws.com
  5. 5. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-December 2012/Mid-Jan. 2013 Briefs 5 To read the fu enter the shor the story into ll article of a t code at the story brief, end ...added that the set aside a signi company had General Inte your browser: of budget of Bt20 ficant investment goo.gl/bH6P rest liam Shakespe are 0 million for over million to Bt300 seas Full story at http: expansion. F Sponsored by Nature and life in JuliusCaesar. 1997-98 //goo.gl/bH6PFUse the QR Code reader in your ... seasons of the yea are cyclical _ wa the impact of s a blessing, as the mains 2008 would ha above the Europ the phases of the r, life and death, far worse ve been ean average.smartphone to see all the stories http://goo.gl/o zbNM Caught up in da moon, the tides. for the region, ily details, we eas Mokhtar, the managing ” Azman In India, China Asia stands to ily forget that - of Khazanah director rough and Thailand,in a certain category. gain from W has cycles, too. the business wo We are all fam rld told the CI Nasional of Malaysia, tion MB Asean Confe ly 12 percent of contribute to a the popula- slowdown est with the econo mic business cyc r ilia rence. the we aknesses of pension, while of expansion, con le His comme nts were... sion system are Thailand’s pen- covery. Howe traction and re- Full story ...Production Charoen Usanachitt has less in- The shift of eco no mentum to the mic growth mo- phenomena affect... ver, other cyc lical at http://goo.gl/d fu2u Full story at htt p://goo.gl/rtpH 3 up numerous East has opened Full story at http://goo.gl/fJ Thailand near Preventing volvement with daily operations Asian countries opportunities that olr of list of wor top Bangkok from out, suggests an should not miss Panel: Asia bett and is the chairman of the board. weakest pens ’s ld sinking bigges Good governance and friendships: economist. off, not immun er e, systems: studion From : The Interactive Team challenge t The robust eco no from global cr y China and em mic growth of ises Greece, India, Ch Land subsidence http://goo.gl/UrVpE “One good example of changing will open a ne erging economi es KUALA LUMPUR : The As are home to the ina and Thailan d water losses caused by groun d interactive w ian cri- pensi weake tops Asian economi opportunity for sis in the late 1990s was a on systems in st national lems that must the list of prob- roles came after the 1997 economic es to increase the call for the reg wake-up cripp the world, ko be solved in BaFord awaits wealth from tra ir ion that has tur led by k to ng- de in goods an out to be ned eign debt, a mix of acute sover- clima mitigate the impact of the crisis,” recalls Mr Jajjai. “I was the services at a tim e d a blessing in dis young retire te change on States and Europ when the United nearly 15 years later, as the guise high ratios of pension ment ages, a study by multin flooding, sayschance to offer CEO then. However, I was aware e Full story at htt are... financial sec region’s ers an d p://goo.gl/S65D6 able to sus tor is now strong and study poor pension take-up, a tain a certain showed. ers to work- The conclusio ational agencies . that in such a unique and difficult Grow with th degree n is containeelectric cars here of shocks from a report entitl d in of cycles e flow Western Hemi the fallout in the The Allia and Ad ed “Climate Ris ks situation, I was not the right... to a panellist sphere, accord at a recent As nz ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ina ‘There is a tid ean tracks the bility Index, which Asian ities”, jointly conducted by the LEGAL & BUSINESS SERVICES conference.Ford Motor Co is looking at the ap- Full story at http://goo.gl/9NtfA men, which, tak e in the affair s of ity of nationa relative sustai nabil- Internati Development Ba nk, onal Cooperatio the Japan leads on to for en at the flood, “There wi l pension syspropriate timing to introduce eco- tune”, wrote Wi ll be more crises in 44 cou tems and the n Agencyfriendly vehicles such as hybrids German firm plans l- future, an d the Asian in the showe ntries around the world, World Bank in 2010. crisis in tirees d the number of Greek re- to people of wo The report recomand electric cars in Thailand and new faucet factory COMPANY REGISTRATION rking age re- Full story at htt mended a... p://goo.gl/20yMDthe Asean region. “But we must also The local unit of Germany’s Grohehave the required infrastructure. AG, a leading provider of premiumIn order for electrification to take bath faucets and showers, will build WORK PERMIT & VISAoff, we need easy access to plug-ins a third, 600-million-baht factory inas well as a power grid system that Thailand to serve a larger market ACCOUNTING & AUDITproduces electricity with cleaner under the AEC. Grohe Siam Comethods than dirty coal,” Bill Ford, Ltd is a joint venture between the COMPANY SET-UP PROPERTY LAW IMMIGRATIONexecutive chairman of the US-based Dusseldorf-based Grohe and Haco ACCOUNTING CONVEYANCE FAMILY LAWauto-maker, told journalists. Group Co Ltd, its Thai distributor. “Our foreign counterpart has always WORK PERMIT 30 YR LEASE CONTRACTSThe Focus Electric Vehicle was re- been interested in the tax incentivescently offered as a fleet demonstra- under the AEC and wants to make Contact us for your 2012 Audit Requirements.tion in China, but has not yet been Thailand its main production base,”offered commercially, as in the said Dhitipong Dowpiset, Haco’s WWW.INTERACTIVETHAILAND.COM | 02-653-0043United States and Europe. “I’m opti- chief marketing officer.mistic about this technology, but it’s TWO PACIFIC PLACE, 17TH FLOOR - NANA BTSalso frustrating with the [lack of]... Grohe Siam’s two present facto-Full story at http://goo.gl/7mUyZ ries are in Rayong’s Klaeng district.Talent Pool: How Running at 80-90% capacity, they produce a combined 100,000 items Security, Compliance or Auditsfive friends built the a week. Mr Dhitipong said the third getting too stressful?modernform empire plant will increase output by 30%, making the faucet manufacturing Time to outsource all aspectsMore than 40 years ago, four young site the largest of its kind in the...men met for the first time at As- Full story at http://goo.gl/KhN3l of your security?sumption Commerce College inBangkok. They teamed up again in Big Star set1991 with another friend they had to build factorymet while studying in the U.S. to out of Thailandestablish a furniture business. Twodecades later, all five are still play- Big Star might set up its first over-ing leading roles at Modernform seas factory in a neighbouring coun-Group, one of Thailand’s largest fur- try, either Myanmar or Vietnam, asniture manufacturers and exporters. high labour costs in Thailand make its Gambol footwear uncompetitive“I can say that, since the beginning, in markets abroad.each one of us has always done whathe does best,” says Jajjai Dhamma- “We want to look for a new overseasrungruang, vice-chairman of the factory, which will be our base in LBG is a Bangkok and Singapore based securityboard. “As individuals, each of us exporting to markets with potential, consultancy company with a dynamic team ofis aware of his own strengths and especially Asean, which will serve individuals with specialist skill sets and experience.weaknesses. Hence, we typically let the opening of the region as onea particular task end up with the one single market, especially when the With ever increasing security issues, many MNC’s areof us whom we, as a group, truly be- AEC is fully effective in 2015,” Sura- now looking to outsource their security to complylieve is the right man for the job.” chai Kitkamjai, deputy managing with internal audits, gain accreditation and maintain director, said. international standards.All five founders are still active to LBG is leading the way in offering simple affordabledifferent degrees in the Modern- The criteria include human resourc- solutions to companies looking to outsource all areasform business. Thaksa Busayapoka es and labour conditions, as well as of their security.is the chief executive. Somsak Vari- the overall economic situation andkarn and Yothin Nerngchamnong political stability in the country. Info: aaron@leboutilliergroup.comoversee different parts of the busi- Vietnam, for example, can offer...ness as executive board members. Full story at http://goo.gl/AK4Tc www.leboutilliergroup.com
  6. 6. 6 BANGKOK BUSINESS BRIEF Mid-December 2012/Mid-January 2013 www.BBBrief.com Briefs To read the full article of a story brief, enter the short code at the end of ...added that the company had set aside a significant investment budget of Bt200 million to Bt300 goo.gl/bH6PF million for overseas expansion. the story into your browser: Full story at http://goo.gl/bH6PFRetail/Services livery of its fourth Boeing 767-200 of which will be opening their first based shopping sites in Thailand, jet this month and is planning to stores in Thailand. Costing about combining online media and e- add four aircraft of the same series, Bt10 billion, a 222-room hotel at commerce. “I have seen a growing two in the second half of next year the complex will open in September trend of online shopping in Thai- http://goo.gl/QyrTE and another two in 2014. 2014. The complex is at the inter- land, driven by the launch of the 3G section of Ploenchit and Wireless network, which will accelerate theJet Asia cleared for The expansion is part of a strategic roads, one of the most prominent increasing number of mobile userstake-off, plans to plan to cash in on the fast-growing locations in Bangkok. in the market,” said Natcharee, 32. Asian markets, particularly China, She launched her SOS online maga-double fleet size South Korea and Japan, all within “We have finished construction of zine in April, while the shoppingJet Asia Airways, the privately- five to seven hours. Jet Asia, owned the building foundation. The con- feature at the website started...owned Thai carrier that has flown by a group of Thai investors includ- struction and opening will be on Full story at http://goo.gl/IGIq8international charter flights for ing a Chiang Mai hotelier and re- schedule,” said managing directorjust over a year, is gearing up for tired Royal Thai Air Force officers,... Chart Chirathivat. Central Embassy Stemming the tidean expansion with scheduled ser- Full story at http://goo.gl/bH7cw recently held a tenant meeting to of diseasevices and doubling its fleet size. The provide updates (to) senior man- Wealth may not be enough to res-airline, founded in 2009 but little Central Embassy agement teams and designers of in- cue you from an incurable disease.known to the public, is to launch says 90% of retail ternational brands including... But stem cells can. This realisationits first scheduled operations with space to be leased by Full story at http://goo.gl/Wum0B has led to the growth of an indus-flights from its Phuket and Bangkok try called stem cell banking. THAIbases to as many as eight Chinese year-end Internet shopping StemLife Co Ltd runs Thailand’scities next month. Luxury shopping complex Cen- mag: doubling sales first private and largest family stem tral Embassy, which is scheduled next year cell bank. “We had seen the devel-It also plans to reintroduce its daily to open in December 2013, an- Natcharee Sriroj-chanapong has opment of baby stem cells and corescheduled charter flights between nounced that more than 90 per cent launched an online shopping maga- blood stem cell banking in the USBangkok and Narita in Japan and of its retail space would be leased by zine to cash in on the trend of in- and Europe and thought that thisto launch charter flights between the end of this year. About 30 per creasing number of mobile-phone would be a perfect service for Thai-Bangkok and Incheon in South Ko- cent of 150 retail tenants occupying and Internet users in Thailand. land, since it was not available atrea and between Phuket and Busan the 41,000-sqm leasable area will be SymbolsOfStyle.com is aimed at that time. Patients with genetic...in South Korea. Jet Asia will take de- international fashion brands, some becoming one of the top Internet- Full story at http://goo.gl/0ojdn ADDING A NEW DIMENSION TO www.kudozonline.com/interactive EURO V IN Y L PVC windows & doors economical • energy efficient • environment friendly windows & doors Casement windows/doors Sliding windows/doors Coupling systems Fence & railing Insect screens Conservatory Call us Glass wall for your free Pergola quote! German System Profile German Hardware 10 years warranty www.euro-vinyl.com 087 517 6437

×