Bangkok Business Brief Magazine - January 2013
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Bangkok Business Brief Magazine – Publication Information ...

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 - January 2013

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.

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Bangkok Business Brief Magazine - January 2013 Document Transcript

  • 1. BANGKOKVol. No. 2, Issue No. 2 BUSINESS BRIEF Mid-January/Mid-February 2013 Read new business briefs everyday at www.BBBrief.comPhoto by West McGowan via Flickr under Creative Commons license.Ban or plan?By Dean Outerson social media on their company complain about the frivolity of becoming somewhat anomalousAs use of social media networks networks. The argument for ban- the social media. For many com- and difficult to manage. And forhas spread throughout the world, ning is that employees are spend- panies, especially B2B compa- every study that laments the lossand in recent years here in Thai- ing more and more of their work nies, it is also difficult to see how of productivity due to internetland, many companies have re- hours monitoring and updating social media can be an effective surfing or chatting, there is an-sorted to blocking the use of their social media accounts, and marketing tool, when most of other study that shows the bene- so the company is losing valu- the engagement on social media fits of allowing staff members to able productivity time. There are seems to be B2C. So for many spend time on social media and Inside even studies that say that billions management teams, the question that it actually makes them more General Interest 2 of dollars (or pounds or baht) in is, what is the point? Why al- productive rather than less. Production 3 productivity time is lost to inter- low staff access to platforms that net surfing (and to social media don’t help the company and just For proponents of digital and Finance/Investment 4 use in particular) each year. waste company time? social media use in business, Government/Economy 6 the various options (Facebook, Retail/Services 8 Other reasons for banning social But as mobile devices have prolif- Twitter, LinkedIn, Pinterest, Tourism 10 media and chat programs in- erated and almost become ubiq- YouTube, Instagram, Path, etc.) Real Estate 12 clude the claim that widespread uitous, and as more and more represent tremendous oppor- IT/Comms 14 use of these sites and applica- companies have started to em- tunities to learn, to sell, and to The Chambers 16 tions causes slow internet speeds, brace digital marketing, banning engage with stakeholders and The Calendar 22 while many CEOs and executives social media in the workplace is Story continues on Page 20
  • 2. 2 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 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 since 1970. Under the capitalist his peers to follow the path he has their sales grow in the past year world, focus is now placed on finan- laid out, without fear. Even though and expect an even more ambitious cial return, while social return has his takeover attempt for Singapore- trend over the next five years, a PwC been ignored. By doing so, business listed Fraser and Neave has not yet survey says. But the recruitment of http://goo.gl/ozbNM leaders fail to factor in the true cost. been resolved, his shrewd strategy skilled staff and the perennial prob- for the acquisition of F&N and Asia lem of planning for succession willBusinesses “must The WBCSD, the CEO-led organ- Pacific Breweries is dazzling enough remain key challenges facing familyscale up actions” isation with 191 members – lead- to make him our “Businessman of businesses over the long term de- ing corporations globally including the Year”. spite the buoyant prospects.“We live in the world where every 12 Siam Cement Group and PTT inseconds, one child died of dirty wa- Thailand which are committed to He easily rose above the other can- Sira Intarakumthornchai, CEO ofter and insanitation. CO2 continues sustainable development, has set the didates for this year’s honours, in- PwC Thailand, said Thai familyto build up. Woods are depleting. Vision 2050. Under the vision, mea- cluding Dhanin Chearavanont, businesses need to be more proac-We live in the resources-constraint sures are lined up to ensure that... chairman of Charoen Pokphand tive and put in place proper suc-world. There are limits.” The words Full story at http://goo.gl/3yGzT Group, who made a surprise en- cession planning. “Despite the eco-from Peter Bakker, president of theWorld Business Council for Sus- Fierce fights against try to China’s insurance takeover through the Bt287-billion industry nomic slowdown, family businesses are thriving worldwide,” he said.tainable Development, participating global giants of a stake in Ping An Insurance. Thein the “SCG Asean Sustainable De- other candidate was Tos Chirathi- In Thailand, family businesses havevelopment Symposium”, sounded Despite his age, Charoen Siriva- vat, chief executive officer of Central played a key role in driving thehorrible. Yet, it seemed he intended dhanabhakdi has proved fearless. Retail Corp. After the acquisition of economy for decades. It’s a “resil-to frighten all, to draw business He relentlessly explores overseas Italy’s 11-store La Rinascente chain ient” model for the 21st century asleaders’ attention and push them to- opportunities even when he is un- in 2011, CRC this year continued... its structure offers significant ad-wards actions to save the planet. der pressure from global giants. Full story at http://goo.gl/9J5BC vantages and benefits, he added. In At a time when Thailand is heav- order to keep their companies thriv-Bakker sees the need that the busi- ily promoting overseas investment Succession a weak ing and relevant, family businessesness world revolutionise their busi- to counter “hot money” flowing spot of family firms need to transform themselves andness practices given “questionable” into the country, Charoen, 68, has quickly acknowledge the traits es-progress of what has been agreed at helped raise the profile of Thai Two-thirds of family-owned busi- sential for them to succeed. They...the four global climate conferences businesspeople and encouraged nesses around the world have seen Full story at http://goo.gl/MtSq3 PPi Professional Portfolio International THE PPI MASTERS EXPAT INVITATIONAL 2013 Thana City Golf Club, Bang-Na Trad Km 14, Friday 1st February 2013 Tee-Off at 12.30pm FA B U LO U S P R I Z ES AWA R D ED FOR • 1ST & 2ND NET SCORE www.juslaws.com • 1 LONGEST DRIVE & 1 NEAREST THE PIN • LOADS OF GREAT LUCKY DIP PRIZES TO BE WON Looking at purchasing property in Thailand • AS MUCH MONEY AS POSSIBLE WILL GO TO CHARITY! but don’t know where to start? The cost per golfer including caddie and Players with no official handicap cart is B3,000. 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  • 3. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-January/Mid-February 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 nts were... sion system are Thailand’s pen- covery. Howe traction and re- Full story ...Production into the 24-billion-baht supple- 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 ments market. The cash was used Asian countries opportunities that olr of list of wor top Bangkok from out, suggests an should not miss Panel: Asia bett mainly for machines to make sup- weakest pens ’s ld economist. off, not immun er sinking bigges plements under its T.R.B.O. brand. e, systems: studion 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 Managing director Pita Limcha- 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- roenrat said the investment aims to es to increase the call for the reg wake-up cripp the world, ko be solved in BaCoke’s Thai unit aims 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 add value to its core business, which 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, saysfor group’s top 10 earns the firm more than 1.2 bil- 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 . lion baht a year from raw rice bran Grow with th of shocks from e flow Western Hemi degree the fallout in the The Allia a report entitl n is containe ed “Climate Ris d inCoca-Cola aims to raise the rank- of cycles oil and extracted bran, selling both to a panellist sphere, accord nz and Ad ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ks at a recent As ina ‘There is a tid conference. ean tracks the bility Index, which Asian ities”, jointly conducted by theing of its Thai unit into the top 10 domestically and overseas. CEO 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 syscontributors of revenue to the group Agrifood is ranked as the third- 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-after investing Bt14 billion in it this biggest Thai producer. Its recently to people of wo rking age re- The report recom Full story at htt mended a...year. Coca-Cola (Thailand) current- introduced T.R.B.O. rice bran snack p://goo.gl/20yMDly ranks in the top 20 contributors. has received positive feedback fromThe investment was part of a three- health-conscious consumers. Thereyear plan that began in June. The is high competition in the supple-budget has been used to increase ments market, which posts steady...production capacity and to add new Full story at http://goo.gl/StR5hproduct lines including juice prod-ucts and drinking water, said Archa- Napier grass to bewat Chareonsilp, public affairs and part of green energycommunications director. plan, minister saysAs part of the business plan, the The government will issue guide-company says it is focusing on in- lines within the next two monthsnovative products, distribution and on a policy to promote generationbrand communications. Archawat of electricity from Napier grass, En-said the group saw growth potential ergy Minister Pongsak Ruktapong-in Thailand after a major change in pisal said. Napier grass, originallythe bottling industry. The arrival... from Africa, is also known as Ugan-Full story at http://goo.gl/D1K3v da grass or elephant grass for being a favourite food of elephants.5-yr auto plan aimsfor top-10 ranking Pongsak said Germany had devel-The third master plan for the Thai oped 7,000 power stations fuelledautomobile sector has been drawn by Napier grass that provided 7,000up, alongside a study of long-term megawatts, and Thailand coulddevelopment of the industry with a match that production. The min-view to establishing the Kingdom as istry will provide a “feed-in tariff ”one of the world’s key manufactur- subsidy of Bt4.50 per kilowatt-houring hubs by increasing production (unit) for a period of 25 years tofrom 2.3 million units this year to power plants that use as feedstock5.6 million units by 2050. The Thai- Napier grass supplied by local com-land Automotive Institute’s five- munities. This grass can be grown inyear master plan for 2012-2016 is many parts of Thailand, especially...focused on increasing output by an Full story at http://goo.gl/oGCqnaverage of 10 per cent annually. Hi-Q foodThe plan is also aimed at making campaigns forthe country one of the top 10 auto- good eating habitsmanufacturing nations within thesame time scale and increasing the After starting off with a conven-use of local content in the industrytional marketing campaign 10 yearsfrom 40 per cent now to 50 per cent.ago, Hi-Q Food Products realisedIn addition, the institute’s long-term that it needed to change strategy ifdevelopment goal is to increase pro-sustainability was the company’sduction step by step over the next ultimate goal. From the campaignseveral decades. Targeted output is to promote its products mainly un-3.3 million units in 2020, rising to... der “Roza” tomato sauce brand, theFull story at http://goo.gl/PPwo7 company turned that into a sustain- able CSR programme – to promoteCEO passes sustainable eating habits amongrice bran oil pills school students as well as their rela-CEO Agrifood Co, one of Thailand’s tives. “It was started off based on themajor rice bran oil producers, has fact that students consumed less...invested 40 million baht to advance Full story at http://goo.gl/E742x
  • 4. 4 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 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/bH6PFFinance / Investment has been quite an experience, a “Backdoor listings on the Thai stock appreciation since the Singapor- nightmare actually, but it’s my own market are an interesting idea since ean dollar has been outperforming fault. I neglected communicating Myanmar needs capital and does other currencies over the past cou- with retail investors, which resulted not have a stock market. Thailand ple of years. Among the UOB’s top http://goo.gl/wKeiJ in the spread of rumours,” chief... is going to be an important inves- picks are DBS, Keppel Corp, Capital Full story at http://goo.gl/6wq1M tor and model for Myanmar due to Land, Ho Bee, Suntec REIT, AscottAnanda’s chief many factors,” he said. “It’s not that Residence Trust, Ezion Holding andexplains poor Thai ‘backdoor’ they don’t have any wealth but they Nam Cheong.share performance listings for Myanmar don’t have an organised capital mar- companies proposed ket. Earnings per share of SingaporeanAnanda Development, the larg- stocks should grow only 0.2 per centest initial public offering issuer this Myanmar companies seeking to “People ask me what their M&A this year and 7.7 per cent next year.year, is blaming the fact that its share raise funds for projects in their strategy should be for Myanmar, A consensus earnings downgrade isprice is trading lower than its IPO country’s fast-developing economy and while there may be plantations... likely, since listed Singaporean firmson miscommunication with retail might be able to manage “backdoor’’ Full story at http://goo.gl/YeQNh reported lacklustre third-quarterinvestors. On its first day of trading listings in Thailand, heard Myan- results. At current valuations, Sin-last Friday, Ananda shares opened mar experts based in Thailand at the S’pore stocks gaporean stocks are not cheap. “Oneat 4.14 baht or 1.43% less than the “Invest Myanmar 2012” conference ‘offer potential’ of the pitfalls of the Singapore Ex-IPO price of 4.20 baht and closed at in Kuala Lumpur, organised by the UOB Kay Hian’s head of research change is that being an open econ-3.80 baht or 9.52% less than the IPO training and conference manage- Andrew Chow recommends some omy, Singapore is very susceptible...price in heavy trade worth 2.21 bil- ment firm Solomon Wise. “top pick” Singapore stocks for Thai Full story at http://goo.gl/NuSqylion baht. The large size of the share investors looking to tap opportuni-float made it the top trading volume Robert Fernstrom, CEO of Bang- ties from the Asean Trading Link 20 Thai companiesof the day. kok-based Emerging Asia Capital scheme. Chow says investors here to explore Myanmar Partners, gave examples of how fi- may look at the opportunity to in-The company wrongly perceived its nancing structures used for deals vest in Singaporean stocks as a way The Thai Chamber of CommerceIPO would be successful after the such as Electricite du Laos and to diversify their risks. Even though will take 20 leading firms to Myan-warm response from institutional Tanayong in Thailand could be used the upside possibility for the Singa- mar to explore trade and investmentinvestors, which accounted for 75% to raise money for businesses in porean bourse is small at present, opportunities in the neighbouringof its 1.33 billion IPO shares. “This Myanmar. investors might gain from currency country. The three-day trip will be Professional Portfolio International Dedicated 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
  • 5. 2 BANGKOK BU SINESS BRIEF December 20 11www.BBBrief.com Briefs To read the fu enter the shor the story into ll article of a Mid-January/Mid-February 2013 BANGKOK BUSINESS BRIEF t code at the story brief, end ...added that the set aside a signi company had 5 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/b H6PFUse the QR Code reader in your ... seasons of the Mr Sombat said listed companies yea are cyclical _ wa the impact of s a blessing, as the mains 2008 would ha combined deposit of Bt5 million. 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. Mokhtar, will benefit in 2013 from a lower ily details, we eas for the region, the managing ” Azman In Customers are offered special ser- India, China Asia stands to ily forget that - of Khazanah director rough and Thailand,in a certain category. gain from W corporate income tax rate of 20%, 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 vices such as a limousine service... contribute to a the popula- est with the econo mic business cyc r ilia rence. the we pension, while slowdown down from 23% now. They also ex- of expansion, con le His comme nts were... Full story at http://goo.gl/uvELB aknesses of sion system are Thailand’s pen- covery. Howe traction and re- Full story ...joined by executives from indus- investing overseas, in particular in pect operating interest rate costs to The shift of eco ver, other cyc at http://goo.gl/d Full story at htttries including sugar, food, banking, no mentum to the mic growth mo- phenomena affect... up numerous East has opened Full story at http://goo.gl/fJ Asean and [other] emerging mar- decrease in line with the downward opportunities olr lical Thailand near top fu2u Fund to loan Preventing p://goo.gl/rtpH 3 of list of worproperty, textiles, hotels and tour- Asian countries kets with higher demand for... that out, suggests an should not miss Panel: Asia bett trend in rates. Even so, much de- economist. off, not immun er weakest pens ’s ld money to student Bangkok from sinking bigges systems: studion tism. TCC chairman Pongsak As- Full story at http://goo.gl/rUPXi The robust eco no pends on whether the US... China and em mic growth of from global cr e, ises Greece, India, Ch y entrepreneurs challengesakul said the group will meet Tin Full story at http://goo.gl/3E8gW ina and Thailan Land subsidenceNaing Thien, Myanmar’s minister JCB seeks erging economi caused by groun will open a ne es KUALA LUMPUR : The As are home to the weake d water losses tops d w ian cri- pensi Asian economi opportunity for sis in the late 1990s was a on systems in st national lems that must the list of prob- The Finance Ministry plans to es-for national planning and economic partners for wealth from tra services at a tim es to increase the e ir de in goods an out to be d Venture capitalists call for the reg wake-up cripp ion that has tur a blessing in dis led by young retire the world, ko k to be solved in Ba ned eign debt, a mix of acute sover- clima mitigate the impact of the ng- tablish a Venture Capital Fund for 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, saysdevelopment, to discuss new invest- regional expansion e Full story at htt are... financial sec target tech start-ups 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- students worth Bt15 billion on De- The conclusio ational agencies .ment regulations and the country’s Grow with th of shocks from e flow Western Hemi M8VC Co, a new venture capital degree the fallout in the The Allia cember 12. One third of the fund, or a report entitl n is containe ed “Climate Ris d ineconomic prospects. of cycles JCB International, the leading Japa- to a panellist fund, has outlined plans to invest sphere, accord nz and Ad ks Bt5 billion, will come from the min- ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal at a recent As ina ‘There is a tid conference. ean tracks the bility Index, which Asian ities”, jointly conducted by the nese credit-card provider, is look- men, which, tak e in the affair s of at least 300 million baht in innova- ity of nationa relative sustai istry’s budget, and the rest will come nabil- Internati Development Ba nk, onal Cooperatio the Japan leads on to for en at the flood, “There wi l pension sysMyanmar has rich natural resources ing for new partners in Thailand tune”, wrote Wi l- future, an tive tech start-up companies next ll be more crises d the Asian in 44 cou in the showe ntries around the world, tems and the from government banks. World Bank in n Agency 2010. crisis in tirees d the number of Greek re-and will enjoy tax privileges next and elsewhere in Asean to boost its year. The company was founded by to people of wo rking age re- The report recom Full story at htt mended a...year from the Generalised System regional business expansion. The Ponthep Sethiwan, Shakrit Chan- This fund will provide loans of not p://goo.gl/20yMDof Preferences granted by developed company currently has direct over- rungsakul, Pawoot Pongvitayapanu, more than Bt3 million per personcountries. Mr Pongsak said Myan- seas operations in Nepal, Bhutan, Kit Arunanondchai, Sua Kanjana- to both university and vocationalmar’s low wages are attractive for in- Indonesia and Singapore. The Sin- sakchai, Varut Bulakul, Permsiri students who have investment orvestors, with a daily minimum wage gapore unit is also responsible for Tiyavutiroj and Krisd Aksornwong. business plans they are looking toof 75-120 baht and monthly salaries Malaysia, the Philippines, Indonesia get off the ground, Deputy Financeof 3,000 to 6,000 baht for workers and Thailand, where the Bangkok The partners are former pioneer- Minister Thanusak Lek-uthai saidwith a bachelor’s degree. office has management control of ing tech entrepreneurs and financial last week. The loans will be pro- activities in Laos, Cambodia, Myan- advisers. “We aim to be an engine vided to current university and vo-Mr Pongsak, who is a member of mar and Vietnam. to promote Thailand as an innova- cational school students, and thosethe Joint Public Private Consulta- tion hub in Southeast Asia,” said Mr have graduated within the past fivetive Committee, will also represent JCB’s revenue in Thailand, where it Ponthep. He said Thai tech start-up years. The fund will also providebusinessmen on the government’s has had a partnership with Krungth- firms have high business potential support for students who work on aofficial trip led by Prime Minister ai Card since 2008, is the largest but lack financial support. freelance basis.Yingluck Shinawatra to meet Myan- within Asean, mainly because of themar President Thein Sein in Nay Pyi high number of tourists. This year alone, foreign venture One third of the loans will be pro-Taw. The working group of the two capital funds have acquired shares vided interest-free, with the remain-countries will meet to evaluate the... The Japanese company recently in Thai firms worth hundreds of ing two thirds provided by the par-Full story at http://goo.gl/JY25X formed an alliance with Phonsa- millions of baht. Mr Ponthep said ticipating state banks at Minimum vanh Bank in Laos, where it is also M8VC has two types of... Retail Rate plus 2 per cent. The ThaiDept encouraging exploring a new partnership next Full story at http://goo.gl/XdM1O Credit Guarantee Corporation willexporters to set year. It also inked a memorandum Banks focus on guarantee the loans. The venturefoothold overseas of understanding with Myanmar... unique services capital fund will focus on 10... Full story at http://goo.gl/6NiZg Full story at http://goo.gl/II0KWIn the light of upcoming market in- as they targettegration under the Asean Econom- Analysts bullish on Ambassador: Chinaic Community, the International local stocks in 2013 the wealthy bullish on Thai tiesTrade Promotion Department has The Securities Analysts Association Banks are competing to design The Chinese ambassador says hismapped out a plan to encourage is upbeat that the Thai stock index unique services to tap wealthy country views Thailand as an AseanThai exporters to set up businesses will continue its strong rise to 1,471 customers, who want something logistics hub, as evidenced by con-overseas to ensure sustainable ship- points, forecasting earnings growth completely different from other tinued firm commitments fromments in the long term. The move of 15.2% for listed companies and client groups. Banks realise high- Chinese construction giants to bidis part of the department’s plan to 4.6% economic growth next year. net-worth customers are seeking for the high-speed train project.change its role from purely driving Secretary-general Sombat Nara- something besides solely a high rate “The centre of logistics in Asean isexport growth to one where it also wuttichai said the consensus survey of return on investment from the Thailand, not any other country,”encourages foreign investment. comprised the views of 22 securities products traditionally on offer. Guan Mu said. firms.Director-general Srirat Rastapana Services are often even more im- The ambassador said Chinese com-said the agency had devised a proj- The highest-returning sector in the portant than financial products to panies are eager to participate inect to promote more Thai compa- new year is expected to be build- these clients, who expect to get val- the bidding for the construction ofnies to become internationalised ing materials (32.2%), followed ue-added services after entrusting high-speed railway lines in Thai-enterprises, so that they have a by property (18.4%) and banks a bank to manage their investment land, expected to begin in late 2013.wider source of raw materials and (18.4%). Sectors with high dividend portfolio, said Kris Chantanotoke, Mr Guan said China is confident ita broader range of markets. “Thai yields will be telecommunications executive vice president of Bank of will be selected in the bidding forproducers and exporters can no (5.5%), electronics (5.1%) and en- Ayudhya. As a result, banks are de- the Chiang Mai line, the first of twolonger solely remain in this country, ergy (4.3%). signing services and products based lines expected to be built.because of the high competitiveness on customers’ lifestyles, which willof the [increasingly] seamless mar- For asset allocation, the consensus also help foster relations between Yong Suksudprasert, president ofket worldwide. The AEC will also is that investors should have 45% them and the banks, he said. the Thai-Chinese Chamber of Com-allow the free flow of trade in goods, in stocks and local funds, 17% in merce, said at least 10 large Chineseservices and investment,” she said. debt instruments and fixed-income At BAY, services for high-net-worth firms have expressed interest in sub- funds, 10% in global assets, 11% in clients are provided via Krungsri mitting bids. Any investment will be“We [Thailand] should grasp the gold and gold futures and the rest in Exclusive Banking, which requires in the form of a joint venture with...opportunity to expand business by property, oil and cash. customers to lodge a minimum Full story at http://goo.gl/BeZw3
  • 6. 6 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 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 of domestic growth was due to the “This move is to ensure fairness them likely to encourage people to highest quarterly rates since 2004 to low-income earners,” said Kit- overextend themselves by taking of the two contributors in the third tiratt. He insisted that overall tax out loans. The move follows talks quarter, at 6% year-on-year for pri- revenue will be unaffected by the yesterday between the Bank of Thai- http://goo.gl/EIbH6 vate consumption and 15.5% for move, which will cost the govern- land and banking executives on the investment, while exports of goods ment Bt25 billion per annum, as the household-debt issue and banks’A return to organic and services contracted 2.8% year- corporate income tax cut this year advertising spots.growth in 2013? on-year in the same quarter. So yes, had in effect expanded Thailand’s the Thai economy can expand even tax base. Kasikornbank senior executive viceIf anything, 2012 proved the Thai when exports are stagnant, but it... president Teeranan Srihong said af-economy is able to stand on its Full story at http://goo.gl/Yt3Kz “It’s clear that the tax base has been ter meeting that although the cen-own feet. It’s the year that domestic expanded by the corporate tax cut. tral bank was not coming up withgrowth ploughed ahead against the Cut in personal As such, we can lower personal in- specific measures to tackle the issue,backdrop of a slowdown in exports. income tax due come tax. As GDP expands, the it was worried that banks’ mediaOver three quarters, the economy The Cabinet gave taxpayers a big number of income earners rises, and spots could be encouraging peopleexpanded by 2.6% year-on-year. Christmas present by cutting their Thailand enjoys a low unemploy- to overspend.Not much, you may think, but recall personal income tax rates for next ment rate. Overall, the governmentthat in the first quarter of this year year, although the top rate will re- revenue will not be cut,” he said. KBank will review its advertising,we emerged from major flooding, main high at 35 per cent, down only regardless of the BOT’s concerns. Itso you can pencil out any manufac- slightly from the current 37 per cent. Overhauling the personal income will consider toning down any adsturing activity for one whole quar- tax structure was one of the Yin- seen as overstimulating demand forter. “The tax cut will result in a govern- gluck Shinawatra government’s key loans, he said. “The robust growth ment revenue loss of Bt25 billion an- election promises. It takes... of consumer lending this year isThe boost from private consump- nually, but it leaves more money in Full story at http://goo.gl/42cHl partially driven by the government’stion and investment returned in people’s pockets, which should lead domestic consumption schemesthe aftermath of the floods, lifting to more consumption and boost the Banks may tone and the campaigns of financial insti-Thai economic activity in the sec- economy in the long run,” Finance down ads after talks tutions. However, we have not seenond and third quarters and bring- Minister Kittiratt Na-Ranong said Commercial banks will consider any unusual signs, with each houseing economic growth back to a in the tax package his ministry sub- toning down their advertising if having measures to control its non-solid expansion path. The strength mitted for approval. after reviewing the ads they deem performing loans. The BOT’s con- Security, Compliance or Audits getting too stressful? Time to outsource all aspects of your security? FOR MORE INFORMATION 02 653 1971 LBG is a Bangkok and Singapore based security consultancy company with a dynamic team of individuals with specialist skill sets and experience. With ever increasing security issues, many MNC’s are now looking to outsource their security to comply with internal audits, gain accreditation and maintain international standards. LBG is leading the way in offering simple affordable solutions to companies looking to outsource all areas of their security. Info: aaron@leboutilliergroup.com www.leboutilliergroup.com
  • 7. 2 BANGKOK BU SINESS BRIEF December 20 11www.BBBrief.com Briefs To read the fu ter the short the story into ll article of a enMid-January/Mid-February ...add code at the en story brief, 2013 BANGKOK BUSINESS BRIEF d ed that the set aside a signi company had 7 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/b H6PFUse the QR Code reader in your ... seasons of the are cyclical _ despite uncertainties over growth in yea wa the impact of s a blessing, as the mains sides have yet to agree on several 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. Mokhtar, the euro zone and the US. Interna- ily details, we eas for the region, issues, the Trade Negotiations De- 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 tional Trade and Industry Minis- partment said. Meanwhile, the de- MB Asean Confe ly 12 percent of contribute to a the popula- est with the econo mic business cyc r ilia rence. the we pension, while slowdown ter Mustapa Mohamed said the 10 of expansion, con partment is also giving careful con- le His comme nts were... aknesses of sion system are Thailand’s pen- covery. Howe traction and re- Full story ...cern about NPLs is in regard to their payment include grey-market ser- The shift of eco no mentum to the mic growth mo- phenomena affect... member countries would be able to ver, other cyc lical sideration as to whether it should 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 Preventingexpected level in the future, but we vices such as independent import- Asian countries opportunities that cushion the negative impact from olr go ahead with the Thai-European of list of wor top Bangkok frombelieve we can control our NPLs,” he out, suggests an should not miss Panel: Asia bett ers of luxury cars, e-commerce op- the two regions when the Asean weakest pens ’s ld Union free-trade talks after related economist. off, not immun er sinking biggesadded. erators, dealers in Buddha amulets, Economic Community forms. e, systems: studion enterprises and consumers have challenge t The robust eco no from global cr y China and em mic growth of ises Greece, India, Ch Land subsidence and businesses with unusual tax will open a ne w erging economi es KUALA LUMPUR : The As ian cri- pensi voiced concerns about certain is- are home to the 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-Oranuch Apisaksirikul, CEO of Tis- refunds, Satit said. There will be a wealth from tra es to increase the ir “On the average, Asean countries sues, mainly trade in pharmaceuti- call for the reg wake-up cripp ion that has tur led by the world, ko k to be solved in Ba ng- de in goods an out to be ned eign debt, a mix of acute sover- clima mitigate the impact of theco Financial Group, said the central system in place to inspect the input services at a tim e d have recorded 5-per-cent economic cals and alcohol. 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, saysbank yesterday shared its outlook and output value-added tax of cor- e Full story at htt are... financial sec growth yearly, which is commend- region’s ers an d p://goo.gl/S65D6 able to sus tor is now strong and study poor pension take-up, a ers to work- ational agencies . tain a certain showed. The conclusiofor the economy next year with lo- porates, he said. Grow with th of shocks from e flow Western Hemi able in view of the unfavourable Delaying the conclusion of a com- degree the fallout in the The Allia a report entitl n is containe ed “Climate Ris d incal banks, and there were... of cycles to a panellist global economic scenario,” he said. prehensive Thailand-India FTA sphere, accord nz and Ad ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ks at a recent As ina ‘There is a tid conference. ean tracks the bility Index, which Asian ities”, jointly conducted by theFull story at http://goo.gl/k5G7p He added that some types of busi- men, which, tak e in the affair s of If growth among Asean countries could result in bilateral trade not 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 sys ness and individuals that avoid pay- tune”, wrote Wi continued in the coming years, the meeting the Bt275.69 billion pro- ll be more crises in 44 cou tems and the n AgencyEmissions-based ing full tax, as well as those in sec- l- future, an d the Asian in the showe ntries around the world, crisis in tirees d the number of Greek re- grouping would emerge as a strong jected expansion by 2014. How- to people of wo World Bank in The report recom 2010.car tax approved rking age re- Full story at htt mended a... tors with good performance such economic powerhouse by 2025 after ever, it is believed the pact will be p://goo.gl/20yMDAutomakers have been lukewarm as automobiles, hotels, restaurants, China. Mustapa said intra-Asean wrapped up by early 2013.to the government’s endorsement financial institutions and insur- trade amounted to Bt65.96 trillionof the new automobile tax structure, ance firms, would be targeted more last year, while foreign direct... Piramol Charoenpao, director-gen-saying the three-year adjustment closely for tax collection. “We will Full story at http://goo.gl/3D4vz eral of the Trade Negotiations De-period is too short. The new tax seriously collect tax from those...structure, approved in principle by Full story at http://goo.gl/LbcQQ BOT worried about partment,into finalising a deal with not rush said that Thailand wouldthe Democrat-led government, was Ministries to populist policies India if the benefits are not satisfac-approved by the government. consider aid pushing up tory to both sides. “The department recently informed Prime MinisterMost automakers agreed in prin- plan for SMEs public-debt level Yingluck Shinawatra about...ciple with the reforms, which base The Bank of Thailand has expressed Full story at http://goo.gl/Pp1fXtax calculations on carbon-dioxide The Finance and Labour ministries concern over the country’s public-emissions rather than engine size as yesterday agreed to jointly consider debt level if the government contin- Rangsit Universityin the current structure. However, the Joint Private Committee’s new ues its budgetary deficits, particu- bullish on economythey said they need at least five years proposal to help small and medium- larly for its populist policies. Mathee in 2013to prepare and adjust themselves to sized enterprises cope with the new Supapongse, BOT senior director atthe new taxes. The government, on Bt300 minimum wage. The mea- the Macroeconomic and Monetary The economy will expand betweenthe other hand, believes three years sures are initially expected to cost Policy Department, said that if the 5.5% and 6.5% this year on strongare enough. the government Bt50 billion over government continued its budget domestic consumption and private three years. The old proposal had 27 deficits with the aim to stimulate ex- investment, predicts Rangsit Uni-Automakers also said if they could assistance measures, but they were penditure through non-value-add- versity’s Economic and Business Re-not adjust their technology and cut to 23 in the new proposal. ed populist policies, Thailand’s pub- search Center for Reform. However,production plans in time, prices lic debts could rise continuously. the forecast runs counter to a con-of some vehicle models, especially The ministries will consider four sensus by other economists, whopick-up trucks might be increased. key measures: reducing the month- Such a populist policy may lead put their hopes in the governmentPiengjai Kaewsuwan, president of ly contribution to the Social Secu- to problems for the government’s rather than the private sector.the Thai Automotive Industry As- rity Fund to 2 per cent for both the specialised financial institutions,sociation, said the three-year period employer and employee for three including the Government Savings Centre director Prof Anusornis too short for automakers to... years; chopping the tax deduction Bank, Bank for Agriculture and Tamajai, who is also dean of theFull story at http://goo.gl/EcwLI at source from 3 per cent to 1.5 Agricultural Cooperatives, as most economics faculty, said his team is per cent for both big corporations projects are executed through them. optimistic that 2013 gross domesticGrey market, and SMEs; partially subsidising the product growth will come in a fulle-commerce SMEs in 70 provinces for three years “The public debt level remains percentage point above the econo-among main targets through 2017 at the rates of 75 per within the fiscal framework. How- mists’ estimate of 4.5% to 5.5%. cent, 50 per cent and 25 per cent of ever, if the government continues itsThe Revenue Department is plan- the wage difference; and cutting the budget deficit and non-value-added He said the rise in the daily mini-ning to collect tax from the grey service charge for hotel rooms from policy without upgrading the na- mum wage will increase domesticmarket, e-commerce and the sale Bt80 to Bt40 per year, which is di- tion’s capabilities, it is believed that consumption. Stronger consump-of Buddha amulets to compensate rectly collected under the Interior will raise the debt level. The point tion will in turn boost demand, andfor lost income resulting from next Ministry’s law. is that the government may need to then the private sector will expandyear’s reduction in the rate of cor- have a balanced budget with a focus investment to serve that demand,porate income tax. Satit Rungkasiri, Earlier, both sides were far apart on on infrastructure investment for... said Prof Anusorn.director-general of the department, the proposal. For instance, the gov- Full story at http://goo.gl/PgZbusaid yesterday that it also planned ernment rejected the measure to But other economists view the high-to bring about 200,000 of those cur- reduce the monthly social security Conclusion of er daily minimum wage as a threatrently outside the payment system contribution to 2.5 per cent from... Thai-India FTA to the private sector since it puts up-into tax collection next year. Some Full story at http://goo.gl/JwkJx postponed to 2013 ward pressure on operating costs.350,000 companies and individualsare currently not subject to tax col- AEC will ‘Cut impact The conclusion of the long-awaited Prof Anusorn said the centre ex-lection, according to the National of US, EU woes’ comprehensive free-trade agree- pects private investment to riseStatistical Office. Malaysia is optimistic Asean is ment between Thailand and India sharply under the Asean Economic ready to be integrated into a single will possibly be postponed to 2013 Community from 2016, as...Businesses currently avoiding tax economic block by December 2015 instead of this month because both Full story at http://goo.gl/J8xd7
  • 8. 8 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 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 Jabr al-Azeeby, the Thailand and and cash in on the bigger customer Berli Jucker Plc, the trading firm Indochina manager, said: “We’re ac- base. When Asean becomes a single owned by whiskey tycoon Charoen tually looking forward to increasing market due to the implementation Sirivadhanabhakdi, will instead in- our capacity [on the Phuket-Dubai of the Asean Economic Commu- troduce its own convenience stores http://goo.gl/QyrTE route] already.” nity in 2016, more foreign invest- early this year. ment and tourists are likely to comeEmirates eyes Most Emirates passengers travelling to Thailand. Retail gurus agreed that Phidsanu Pongwatana, senior vice-Phuket add-on to Phuket are from Europe, where convenience stores are the rising star president for BJC’s retail business, the airline has a growing network _ in the retail sector for expansion. said at least 100 BJC Smart conve-Strong early demand on its newly now covering 33 cities on that conti- nience stores will be opened initial-launched Phuket-Dubai service has nent _ and they are taking connect- Suwit Kingkaew, president of the ly. Each will have space of 70 squareprompted Emirates Airlines to pon- ing flights at the airline’s Dubai air- Development of Thai Capital Re- metres and require an investmentder ramping up capacity on the route port hub. Mr Obaidalla said Dubai’s tailers Association, said the increase of 2-3 million baht. During thewith a second daily flight. Emirates growing importance as a world air... in the minimum wage to 300 baht launch, all 8,000 products availableexecutives say what is billed as the Full story at http://goo.gl/974vF throughout the country and higher in the store will be BJC brand, withworld’s fastest-growing carrier has incomes from rising farm product products from outside producers toalready seen bookings on this route 7-Eleven operator prices would increase purchasing be added later. The target customersreach 85% up to March. ready for battle power. These factors will stimulate are Asean residents. CP All Plc, the operator of 7-Eleven all convenience store operators toIts maiden flight from Dubai to the convenience stores, will adopt vari- speed up their investments next BJC president Aswin Techacharoen-southern resort island was almost ous strategies to do battle with the year. Mr Suwit forecast that at least wikun said expanding into the retail95% full, with a similar seat factor Family Mart, Lawson, Mini Big C 1,000 new convenience stores from business helps fulfil the company’son the outbound flight.”There is a and Tesco Express brands. Central all chains will... goal of having a strong supply chainhuge market demand [for air travel] Retail Corporation’s Family Mart, Full story at http://goo.gl/5Zp2d from manufacturing to distributionto Phuket, and we would like to sat- Saha Group’s Lawson, Tesco and Big and retailing.isfy that fast-growing demand,” Sa- C are all trying to attract more cus- Berli Jucker openslem Obaidalla, the senior vice-pres- tomers. convenience stores Mr Phidsanu said BJC will expandident for commercial operations in After failing to acquire the retail its retail business in three formatsthe Far East and Australasia, said in They all want to latch onto the high- chains of Carrefour hypermarket _ multi-business, multi-format andPhuket. er purchasing power of customers and Family Mart convenience store, multi-country _ through its local 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
  • 9. 2 BANGKOK BU SINESS BRIEF December 20 11www.BBBrief.com Briefs To read the fu enter the shor the story into ll article of a Mid-January/Mid-February 2013 BANGKOK BUSINESS BRIEF t code at the story brief, end ...added that the set aside a signi company had 9 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/b H6PFUse the QR Code reader in your ... seasons of the are cyclical _ wa the impact of s a blessing, as the mains its first men’s multi-brand shop at Project. Opened in Josai Hospital in yea 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. Mokhtar, Megabangna in Bangkok. ily details, we eas for the region, Ibaraki prefecture’s Yuki city in July, 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 the Thai coffee brand has already MB Asean Confe ly 12 percent of contribute to a the popula- est with the econo mic business cyc r ilia rence. the we pension, while slowdown The MOU shop, covering 300 square won the hearts of Japanese custom- of expansion, con le His comme nts were... aknesses of sion system are Thailand’s pen- covery. Howe traction and re- Full story ...and overseas networks. Apart from sales. “The reintroduction of Mag- The shift of eco no mentum to the mic growth mo- phenomena affect... metres, offers up to 30 international ers, with average sales of 285 cups a 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 Preventingdeveloping multi-formats for its re- num premium ice-cream bars has Asian countries opportunities that fashion brands comprising clothes, day. Josai Hospital provides medical olr of list of wor top Bangkok fromtail business through BJC Smart, the out, suggests an should not miss Panel: Asia bett been very successful. Magnum sales weakest pens ’s ld shoes, bags, hats and accessories. assistance to Asian countries in- economist. off, not immun er sinking biggescompany also plans to develop a... in the first month after the relaunch systems: studion About half of the brands are from cluding Thailand as part of the Japa- e, challenge t The robust eco no from global cr y China and em mic growth of ises Greece, India, ChFull story at http://goo.gl/LW0kb this year was equal to what we sold will open a ne w erging economi the US and Europe. General man- nese International Friendship and es KUALA LUMPUR : The As are home to the ian cri- pensi ina and Thailan weake Land subsidence 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- in all of 2011,” said a Magnum sales ager Sukris Vareerajuthai said men’s Welfare Foundation founded by theSiam Piwat wealth from tra representative. services at a tim es to increase the e ir call for the reg de in goods an out to be d wake-up cripp ion that has tur a blessing in dis led by the world, ko k to be solved in Ba ned eign debt, a mix of acute sover- clima mitigate the impact of the multi-brand shops have been popu- hospital. young retire te change on ng- States and Europ when the United nearly 15 years later, as the guise high ratios of pension ment ages, a study by multin flooding, sayslaunches e Full story at htt are... financial sec lar in European market for years 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 .e-commerce site Supattra Paopiamsap, the vice- Grow with th of cycles of shocks from e flow Western Hemi and are expected to spread through- Priced at 60 baht a cup, the coffee degree the fallout in the The Allia a report entitl and Ad n is containe ed “Climate Ris d in ks president for home care, foods and to a panellist out Asia in the coming months. is inexpensive for Japan. “It’s quite 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 theWith the rise of the digital era, Siam ice cream, said Unilever will open men, which, tak e in the affair s of Thailand is a top destination for US cheap compared with other popular 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 sysPiwat Co, the operator of Siam Cen- a Magnum Café in Siam Centertune”, wrote Wi l- future, an and European lifestyle brands as it is brands,” said project chairman MR 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-ter and Siam Discovery Center, is shopping mall on Jan 9. Several known that Thai men are willing to Disnadda Diskul. to people of wo rking age re- The report recom Full story at htt mended a...riding the wave by setting up an other countries have Magnum Ca- spend their money on... p://goo.gl/20yMDe-commerce firm. With 1 million fes including the UK and Indonesia. Full story at http://goo.gl/P5R4t Cafe DoiTung is among the proj-baht of registered capital, Digimedia “The Magnum Cafe in Indonesia re- ect’s four sectors of food, tourism,Marketing Co will supervise activi- ceived a healthy response, with lon- Nok Air leases new craft and fashion, and agricultureties related to digital technology in- ger lines than when Krispy Kreme planes after series services and landscape design. MRcluding online shopping, electronic doughnuts opened in our... of breakdowns Disnadda said Doi Tung plans to es-marketing and social media. Full story at http://goo.gl/wcN3r tablish a coffee shop and exhibition Nok Air is ushering in a new era in at the headquarters of the US DrugMarketing executive Muenfun Th- Fashion firm signs its eight-year history by deploying Enforcement Agency in Washing-anyaphaisit said Siam Piwat has up Spanish brand brand-new jetliners as it attempts to ton. The project has helped hilltribespent more than 20 million baht to Boutique New City Plc, the Saha mitigate problems related to unex- people in northern Thailand to endharness the power of digital media Group’s fashion arm, is shifting its pected engine breakdowns involv- opium cultivation by offering...by introducing Siamism, its online focus to market more imported ing used aircraft. The budget airline Full story at http://goo.gl/cwOjHshopping channel. At www.sia- fashion brands than its locally made agreed to lease two new Boeing 737-mism.com, customers can shop for ones due to the impact of rising 800s from GE Capital Aviation Ser- VietJet Airfashion and accessories, stationery, wages and the shortage of skilled vice, the US-based aircraft lessor, for to enter Bangkokgifts, lifestyle items, IT products and workers. President Panitarn Pavaro- delivery in April. Nok usually leases in Februarygadgets, beauty products and other lavidya said these factors have led to used aircraft because it is cheaper.items from more than 200 shops. a supply shortages of its own prod- VietJet Air, Vietnam’s low-cost car- ucts in recent months. “Importing “The costs associated with unex- rier, will start descending to Bang-Ms Muenfun said Siam Center and fashion brands will help us to speed pected engine breakdowns are be- kok in early 2013 to break the mo-Siam Discovery are the first shop- our clothing business at a faster coming prohibitive. It may be more nopoly on budget air travel betweenping complexes in Thailand to of- pace,” he said. worthwhile for us to use brand-new Thailand and Vietnam enjoyed byfer online shopping, although two aircraft that come with a warranty,” Thai AirAsia. The airline, the firstdepartment stores, Central Depart- The company will open its flagship said Nok Air president Patee Sara- privately owned carrier in the so-ment Store and The Mall Group, Trucco store, the Spanish fashion sin. cialist state, is scheduled to begin ahave the service. brand, in Bangkok’s Siam Center daily flight between Bangkok and next month to respond to the grow- Engine breakdowns on two seven- Ho Chi Minh City, its first interna-Products available at Siamism will ing popularity of Spanish fashion year-old B737-800s prompted the tional route, on Feb 10.be different from those on offer here. It will spend 10 million baht airline to embrace the new leasingat the two shopping centres. They on the store covering 127 square option. Leasing costs for new jets Plans are afoot for the introductionwill include limited editions, while metres. and those with 5-6 years in service of a Bangkok-Hanoi route, also onprices will be lower than those in are not so different, said Mr Patee, a daily basis, in May 2013 as VietJetthe centres. The company will offer “We chose this brand because it’s though he would not provide fig- gears up its international expansionideal products to online shoppers, good quality and its concept is dif- ures. with a fleet of brand-new A320 nar-have 90% discounts each day and... ferent from other Spanish brands in row-body jets with 180 seats.Full story at http://goo.gl/UwfB0 Thailand,” said Mr Panitarn. Truc- However, an airline insider said co’s designs come from collective... leasing a new B737-800 would cost The airline, which caused a stir ear-Magnum Cafe Full story at http://goo.gl/hMruz about US$350,000 a month, com- lier this year by staging an in-flightpromises treat for pared with $280,000 for a similar bikini show on its inaugural flightice-cream lovers Men’s multi-brand type of single-aisle jetliner with 5-6 to the tourist hub of Nha Trang, will lifestyle store opens years of service. Nok Air will not not only compete with TAA, whichUnilever Thai Trading Ltd, the lead- at Megabangna retire its current B737-800s. The has dominated budget air travel be-ing consumer product manufactur- airline would rather honour those tween Thailand and Vietnam forer, achieved its full-year sales target As more health-conscious Thai men lease contracts, which run for 5-8... more than five years.of 40 billion baht in November. All want to look good, they are turn- Full story at http://goo.gl/0k7CKbusiness units, particularly food and ing to top fashion, skincare and spahome care, have performed stronglybrands. Several companies have DoiTung coffee wins It will also airlines such as Thai full-service compete with severalthanks to heavy use of marketing exploited the craze and made their Japanese hearts Airways International and Bangkokactivities and social media. debuts in the business of beautify- The first international outlet of Cafe Airways. TAA, part of Asia’s larg- ing men. Star Fashion (2551) Co, DoiTung and Lifestyle Shop in Ja- est LCC group, has been operatingThe increase in the daily minimum the maker of Hazard fashion cloth- pan has done much to promote the Bangkok-Hanoi since 2005 andwage to 300 baht on April 1 has ing and distributor of Britain’s Fit- work of the Mae Fah Luang Foun- Bangkok-Ho Chi Minh City...proved a boon to premium product Flop shoe brand, will officially open dation’s Doi Tung Development Full story at http://goo.gl/L0OnU
  • 10. 10 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 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/bH6PFTourism China is one example, where it is intersection of Sathorn and Nara- one visa to visit both countries from creating a big headache for the fast- thiwas roads, next to Chong Nonsi Dec 27. The visa would allow visi- growing tourism industry. Mean- BTS skytrain station, the new ho- tors from 35 countries, listed below, while in the Philippines, although tel is contained within a modern, to stay up to 60 days in Thailand http://goo.gl/fxE4d it can produce more than 26,000 31-storey glass and steel tower, but and 60 days in Cambodia. Tourists graduates to serve the industry an- also includes a century-old heritage would be able to apply for the visa atHuman capital key nually, 90 per cent of them choose building that used to serve as the embassies of either country.to growing tourism, to go overseas. Russian embassy. The agreement comes under thesays PATA chief Craigs said Thailand should be pro- “W Bangkok is certain to become Ayeyawady-Chao Phraya-MekongThailand should put more impor- moting the learning of foreign lan- an iconic landmark, a true reflection Economic Cooperation Strategytance on investing in human capi- guages. The evidence is clear that of Bangkok’s east-meets-west heri- framework. Acmecs, which wastal and not just in “hardware” in there are large numbers of Russian tage in a transforming modern city,” initiated by Thailand and set up inthe tourism industry if it wants to tourists pouring into the Kingdom, said Stephen Ho, Starwood’s Presi- 2003, is a joint development agree-secure its sustainable development but there are not enough Russian- dent for Asia Pacific. “With its vi- ment olving Cambodia, Laos,and keep its leadership in the region speaking locals to take care of them. sion to provide what’s new and next, Myanmar, Thailand and Vietnam.in this field, said Martin Craigs, He raised the example of Chanin W Bangkok will set a new scene inchief executive officer of the Pacific Donavanik, CEO of Dusit Thani. Bangkok, adding a new destination Foreign ministers of the five coun-Asia Travel Association. Chanin had done a “great” job with and more reasons to visit this dy- tries have discussed single visas his attempt to introduce... namic city.” several times, but Thailand andIt’s easy to build the hardware of Full story at http://goo.gl/CQv2p Cambodia were the first to sign anthe tourism industry – airports W Bangkok houses 407 rooms and agreement, five years ago, and areand hotels, for example. But given Starwood opens suites in the two buildings, each... the first countries to implement thethe boom in tourism and its role as Bangkok’s first Full story at http://goo.gl/hibLZ scheme. Foreign Minister Suraponga key driver to build the economy, W Hotel Thai-Cambodia Tovichakchaikul said this single visaThailand is facing a labour shortage. will help promote tourism in theStill, this is not yet a major problem Starwood Hotels & Resorts has an- single visa two countries, making it easier forwhen compared with other nations nounced the opening of W Bang- Thailand and Cambodia agreed to visitors to obtain visitors and travelin Asia, he said. Labour shortages kok, marking the brand’s entry implement a single visa agreement, between Thailand and Cambodia...have become common across Asia. into the Thai capital. Located at the which will enable tourists to obtain Full story at http://goo.gl/rD21K
  • 11. 2 BANGKOK BU SINESS BRIEF December 20 11www.BBBrief.com Briefs To read the fu enter the shor the story into ll article of a Mid-January/Mid-February 2013 BANGKOK BUSINESS BRIEF t code at the story brief, end ...added that the set aside a signi company had 11 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/b H6PFUse the QR Code reader in your ... seasons of the are cyclical _ wa the impact of s a blessing, as the mains destinations. Surapong Techa-ru- said. Foreign executives visiting fac- yea the phases of the r, life and death, far worse 2008 would ha above the Europsmartphone to see all the stories http://goo.gl/o Caught up in da moon, the tides. Mokhtar, for the region, ve been vichit, president of the Thai Hotels ean average. zbNM tories in Min Buri or Lat Krabang ily details, we eas the managing ” Azman In India, Chinain a certain category. Asia stands to ily forget that the business wo - of Khazanah rld told the CI Nasional of Malaysia, tion Association, said the regulations director rough ly 12 percent of and Thailand, gain from W like to stay at his resort for a few has cycles, too. We are all fam contribute to a the popula- est with the econo mic business cyc r ilia MB Asean Confe would help improve the standards rence. the we pension, while slowdown days or up to two weeks. Room rates of expansion, con le His comme aknesses of sion system are Thailand’s pen-Hyatt pins covery. Howe traction and re- Full story nts were... of the hospitality industry. More ... ed to be needed to serve the island, are 1,290 baht for a standard room 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 Thailand near important, they will reduce the sup- Preventing 3faith in Bangkok up numerous East has opened Full story at http://goo.gl/fJ but now that figure has doubled, she and 1,700 to 2,200 baht for a cottage. Asian countries opportunities that out, suggests an should not miss Panel: Asia bett olr of list of wor ld top ply of rooms nationwide and drive Bangkok from said. weakest pens ’shotel sector’s The robust eco economist. off, not immun er Mr Anan, 35, decided to develop the from global cr e, systems: studion y sinking bigges up room rates. Illegal hotels have challenge tstrong potential no China and em mic growth of ises Greece, India, Ch hurt the licensed operators by lur- Land subsidence Thirayuth Chirathivat, CEO of Cen- resort because he wanted to own a erging economi es KUALA LUMPUR : The As are home to the ina and Thailan d water losses caused by groun will open a ne w Asian economi opportunity for sis in the late 1990s was a ian cri- pensi weake ing a large number of tourists with tops on systems in st national lems that must the list of prob- dHyatt Hotels Corporation is show- tara Hotels & Resorts, also called for business near his home. He bought es to increase the call for the reg wake-up cripp the world, ko be solved in Ba wealth from tra ir de in goods an out to be ion that has tur led by low prices. k to ned eign debt, a mix of acute sover- clima mitigate the impact of the ng-ing its faith in Bangkok by choos- the problems to be fixed, especially... a 2-rai plot of land for 15 million 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, saysing the city as the location for its Full story at http://goo.gl/irhCH baht and has spent about 30 million 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 ers to work- ational agencies . tain a certain showed. He noted that lawful hotels bear The conclusiofirst hotel in Southeast Asia under Grow with th baht on construction. He uses teak degree n is containe Bangkok as of shocks from a report entitl d in of cycles e flow Western Hemi the fallout in the The Allia higher operating costs than their il- and Ad ed “Climate Ris ksits Hyatt Place brand. Despite high wood as the... to a panellist sphere, accord nz ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal travellers’ top Asian Full story at http://goo.gl/aMUiW ‘There is a tid conference. at a recent As ina legal peers. Those offering premium ean tracks the bility Index, which Asian ities”, jointly conducted by thecompetition and an oversupply of men, which, tak e in the affair s of relative sustai nabil- Internati Development Ba nk, leads on to for en at the flood, “There wi ity of nationa l pension sys service have to employ a large num- onal Cooperatio the Japanhotels in Bangkok, the company still city: Conde Nast tune”, wrote Wi l- future, an ll be more crises Projection: 23m d the Asian in 44 cou in the showe ntries around the world, crisis in tirees d the number of Greek re- tems and the World Bank in n Agency ber of people, while legal hotels in 2010.sees potential for long-term growth. to people of wo The report recom tourist arrivals rking age re- all categories pay room taxes... Full story at htt mended a... Bangkok becomes travellers’ first p://goo.gl/20yMD Full story at http://goo.gl/jjt6FRatnesh Verma, senior vice-presi- choice among Asian cities in a in 2013dent for real estate and development survey by Conde Nast Magazine, Asian MICE to buckof Hyatt Hotels and Resorts, said the while the northern city of Chiang Thailand’s tourism industry is like- shrinking spendregional economy has shown a posi- Mai comes in fifth. To the readers, ly to grow by more than 10% nexttive trend and Thailand is one of the Bangkok beats Hong Kong, Kyo- year and about 23 million foreign- in 2013most popular destinations for inter- to and Singapore. Chiang Mai is ers are expected to visit the country In 2013, a global MICE surveynational tourists, particularly from ranked the 5th in the annual Read- in 2013, Association of Thai Travel identifies shrinking meetings ex-China and India. Among Hyatt’s ers’ Choice Awards. “The voting re- Agents president Sisdivachr Chee- penditure, with stagnant or nega-496 hotels in 45 countries, 68 are sults will spread the positive image warattanporn said. tive growth in all regional marketsin the Asia-Pacific region, where at of Thailand to American and global except for Asia. American Expressleast 80 hotels will be added in the readers,” said Tourism Authority of Mr Sisdivachr said the number of Meetings & Events 2013 Globalnext five years. About 175 hotels are Thailand Governor Surapol Sawet- Asian tourist arrivals, particularly Meetings Forecast predicts that Asiaunder development _ half of them seranee. from China, South Korea and Japan, Pacific, with its relatively strongin China and India. is up 20% to 50% for November and economy, is likely to see the stron- Reflecting Thailand’s tourism, at December, 2012. From January to gest growth among regions in both“This obviously shows that Hyatt the end of February, Doha-based July 2012, the number of tourists spending and the number of meet-has further shifted its focus to Asia- Qatar Airways is due to introduce a who used Atta member services ings.Pacific to keep up with the robust... fourth daily flight between Bangkok also increased by 20%, the highestFull story at http://goo.gl/1XfHZ and Doha to meet growing demand growth in three years. The associa- The total number of meetings is towards the Thai capital. On Feb- tion boasts five million members, he forecast to grow by 6.4%, and over-Koh Samui ruary 20th, Qatar will then ply the added. all meeting expenditure will risedevelopment skies 28 times per week the route 4.2%, while spending is expectedin spotlight Doha-Bangkok and return, making The projection is based on an as- to drop in all other markets, and a significant rise on one of its busi- sumption that there will be no po- particularly in Europe which couldafter blackout est routes from its Doha hub to Asia. litical violence, he said. Thailand see a 6% decline. The top five AsianFollowing the latest power failure on Qatar Airways Chief Executive Of- could become the top destination MICE destinations will be Shang-Samui, tourism operators demand- ficer Akbar Al Baker said the ad- in ASEAN if the government could hai, Singapore, Sydney, Beijing, anded the development of a resilient ditional flight was possible as more ensure that the political... Bangkok, though Thailand’s politi-infrastructure framework that will long-haul aircraft join the fleet... Full story at http://goo.gl/ehLW9 cal situation will have a major im-maintain the resort island’s fame as a Full story at http://goo.gl/HG0XCworld-class visitor destination. The Govt to crack down pact on its success with many MICE planners stating concerns for secu-blackout struck reportedly when Clear business vision on unlicensed hotels rity and political stability.a short circuit crippled the main Anan Wongaree is proud of his The Interior Ministry will imposetransmission line carrying electric- Khum Klao Teak Hut Resort in tighter regulations early in the new “While Asia Pacific is likely to ex-ity from Nakhon Si Thammarat on Bangkok’s Min Buri district. Even year aimed at upgrading the hospi- perience growth in 2013, as Europethe mainland to Samui and nearby though it has been open for almost tality industry and doing away with sees declines, meeting professionalsPha-ngan Island. three years, he has never seen it. The unlicensed operators. Once the new in every region point to budget... blind man said his small resort will rules take effect, the ministry will Full story at http://goo.gl/PKVxd“It’s time the private and public sec- be fully developed next month when allow three months for illegal hoteltors work together for its sustain- the second phase is completed. Lo- operators to comply by improving Centara to launchable development,” said Piyamarn cated on Khum Klao Road, the re- their standards so they qualify for 30 economy hotelsTechapaibul, president of the Tour- sort now has nine cottages and 13 licences. Those failing to meet the Centara Hotels & Resorts plans toism Council of Thailand. Piyamarn standard rooms in a low-rise build- deadline will face fines of Bt500,000 launch an economy hotel segmentsaid the power outage was a good ing for both local and foreign guests. or prison, or both. The aim is to to cash in on fast-growing demandlesson. Tourism development na- Six suites in the second phase will be eliminate unregulated hotel opera- from travellers. The segment willtionwide must go hand in hand opened on Jan 12. tors and create fair competition in come under the Cosi Hotels brandwith infrastructure development. the market. and become the group’s sixth brand.Samui should be a model, but its de- “My resort serves international The expansion allows the group tovelopment has proceeded without tourists waiting for flights [at Suvar- The ministry estimates that of the have a variety of hotel formats todirection. Especially utilities, both nabhumi airport] the next day and more than 12,000 hotels nationwide, serve different demands. Construc-water and electricity, are insufficient Japanese or Korean golfers who play 7,500 are illegal. They are mainly tion of the first economy hotel willto serve population growth. For ex- golf at nearby courses in Lat Kra- guest houses, serviced apartments, start on Ratchadaphisek Road. It is...ample, 10,000 rooms were estimat- bang and Suwintawong,” Mr Anan and house rentals in major tourist Full story at http://goo.gl/h2OIK
  • 12. 12 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 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/bH6PFReal Estate worth Bt490 million after the group Chief executive officer Chanond at least 20 per cent in 2013, against succeeding in selling three condo Ruangkritya said Ananda had expected 2012 income of Bt650 mil- projects in Samui and Phuket since signed up for this prime condo site lion. The unit’s revenue surge is due 2007. within a week of becoming a pub- to Sansiri’s strong growth, which http://goo.gl/hPK52 licly listed company. “Ananda is the is expected to continue, Apichart Managing director Amrit Srikuru- current leader in Bangkok mass- Chutrakul, chief executive of bothThong Lor wan said the company decided to transit living and we will continue to Plus Property and Sansiri, told aremains popular locate its new project in Thong Lor source attractive land plots near the news conference. Sansiri targets when it saw strong demand from train stations that meet our internal presales of Bt42 billion this year andfor new condos both domestic and foreign inves- gross margin criteria of 35 per cent. Bt50 billion in 2013.Although the condominium inven- tors, especially for one- and two- This is just the first of a series of ac-tory in Thong Lor has passed 300 bedroom apartments with usable quisitions planned for the very near “The main driver of Sansiri’s busi-units, property firms keep develop- space of 30-70 square metres. Art @ term as we continue to [embark] on ness growth next year will comeing projects in this swank Bangkok Thonglor will offer only 102 units... the growth plan that we promised to from our new residential projectsneighbourhood as they believe that Full story at http://goo.gl/KPn8O investors” at the initial public offer- upcountry, which will account fordemand is still growing for both oc- ing, Chanond said. about 30 per cent of our presalescupancy and investment. “Up to 30 Ananda buys land worth Bt42 billion this year,” he said.per cent of buyers at [Sukhumvit] near Udom Suk Located in the upper SukhumvitSoi Thong Lor are interested in rent- for budget condos area, the site will see the launch of Up to 90 per cent of the propertying their units to achieve a return on Ananda’s new budget brand, Elio. management business of Plus Prop-investment of 7-12 per cent a year,” Ananda Development has signed Prices will start at less than... erty comes from Sansiri’s residen-Sahatchai Kwancheun, executive a sale and purchase agreement for Full story at http://goo.gl/6PU3n tial projects, which will total somevice president of Harrison Plc, said the acquisition of a new condomin- 140 by year-end. This business hasyesterday. ium site on Sukhumvit Road worth Central shifts generated about 33 per cent of the Bt825 million. The company will focus back home subsidiary’s revenue this year. “OurAK Property Co, a subsidiary of KP raise funds on the Stock Exchange Central Pattana Plc , a SET-listed re- property management will focus...Group, which diversified from tex- of Thailand to finance the invest- tail and property developer, has re- Full story at http://goo.gl/SZdUctiles to construction and develop- ment. The land is about 600 metres vised its strategy for overseas expan-ment in 2007, has embarked on its from the Udom Suk Skytrain station sion but confirmed the first Central Transit extensionsfirst condo project, Art @ Thonglor, in Bangkok. shopping complex in Asean will still boost land price be opened by 2015 as scheduled. Prices of residential land along Sukhumvit Road from On Nut CPN has plans to expand to China to Bearing are showing record but the deal to rent space from an growth of 14.9 per cent to between investor there to develop a shop- Bt800,000 and Bt1 million per ping centre in China is less likely square wah this year thanks to the to be finalised, said Naris Cheyklin, completion of the Skytrain exten- senior executive vice-president and sion, the Agency for Real Estate Af- chief financial officer. Besides, many fairs said. property firms in the world’s second largest economy have developed The second-biggest year-on-year retail projects, intensifying compe- rise is 14 per cent along the Blue tition. “The market’s oversupplied Line extension of the MRT, now and there are high risks if we devel- under construction, from Hua op a project on our own in China,” Lamphong to Bang Khae, followed he said. by 11.5 per cent along the Purple Line from Bang Sue to Bang Yai. As a result, CPN has changed its Land along Rama I Road from Siam strategy to forming a joint venture Square to Ploenchit Road still shows with a Chinese retailer who has al- high prices averaging Bt1.5 mil- ready developed a project or to tak- lion per square wah (Bt375,000 per ing over an existing development. square metre), followed by Wire- In any case, CPN will wait until the less Road to the head of Sukhumvit property prices in China go down from Soi 1 to Soi 21 at Bt1.3 million by 20-30% from current levels. per square wah and Silom Road to Rajdamri Road at Bt1.25 million per In its view, Vietnam is as attractive square wah. as China but the market is... Full story at http://goo.gl/akiBq Sopon Pornchokchai, president of the agency, said yesterday that land Sanrisi growth to prices in Greater Bangkok were up boost Plus Property 3.7 per cent this year because of the by 20% next year start of construction late last year on the Purple and Blue lines. The Sansiri subsidiary Plus Property, a agency’s survey also found that land real-estate management and bro- prices around existing rail routes... kerage company, targets growth of Full story at http://goo.gl/sN5dS
  • 13. 2 BANGKOK BU SINESS BRIEF December 20 11www.BBBrief.com Briefs To read the full article Mid-January/Mid-February, 2013 BANGKOK BUSINESS BRIEF enter the shor the story into t of a story brief code at the en d ...added that the set aside a signi company had 13 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 are cyclical _ the impact of The market in 2013 will have the yea was a blessing 2008 would ha , as the mains can yield a better return?” he asked. 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. Mokhtar, same value as this year. Meanwhile, ily details, we eas for the region, the managing ” Azman In Gold is said to be the riskiest invest- 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 average housing prices will rise by MB Asean Confe ly 12 percent of ment. Blue-chip stocks have a lim- contribute to a the popula- est with the econo mic business cyc r ilia rence. the we pension, while slowdown 4-8 per cent. The average budget for of expansion, con le His comme nts were... ited amount, while short-term stock aknesses of sion system are Thailand’s pen- covery. Howe traction and re- Full story ...CPB advised to seek “However, while these second-tier The shift of eco no mentum to the mic growth mo- phenomena affect... building a house will be around Bt3 up numerous East has opened Full story at http://goo.gl/fJ ver, other cyc lical at http://goo.gl/d Thailand near fu2u investment is at risk of manipula- Full story at htt Preventing p://goo.gl/rtpH 3 locations may provide more pos- million to Bt5 million. The associa- top tion. Property should be a good betout real tenants Asian countries opportunities that out, suggests an should not miss Panel: Asia bett sibilities for opportunistic returns, olr of list of wor weakest pens ’s tion will proactively coordinate with ld Bangkok from for long-term investment of 10-20 sinking bigges economist. off, not immun er systems: studion tWhen a lease contract is renewed, market penetration is generally The robust eco no government agencies to solve the... from global cr e, y years. Sopon Pornchokchai, presi- challenge China and em mic growth of ises Greece, India, Chthe existing tenant and landlord more difficult and opportunities are will open a ne w erging economi Full story at http://goo.gl/FSOMi es KUALA LUMPUR : The As are home to the ian cri- pensi ina and Thailan weake Land subsidence dent of the Agency for Real Estate 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-should be treated fairly and new limited. “In addition, these locations Affairs said demand for condomini- usually carry a significantly higher Location, location, es to increase the call for the reg wake-up cripp the world, ko be solved in Ba 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 therents set close to market rates, says services at a tim d a blessing in young retire ums in inner Bangkok has... te change on degree of implied risk. In practice, location e dis States and Europ when the United nearly 15 years later, as the guise high ratios of pension ment ages, a study by multin flooding, saysproperty expert Assoc Prof Manop 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 ers to work- Full story at http://goo.gl/fRfWK ational agencies . tain a certain showed. The conclusioBongsadadt. Landlords, particularly therefore, most investors will find... Location is the most important fac- Grow with th degree n is containe Winds of change of shocks from a report entitl d in of cycles e flow Western Hemi the fallout in the The Allia ed “Climate Risinstitutions such as Chulalongkorn Full story at http://goo.gl/GThTd tor for choosing property for invest- to a panellist sphere, accord nz and Ad ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ks for realty at a recent As ina ‘There is a tid conference. ean tracks the bility Index, which Asian ities”, jointly conducted by theUniversity and the Crown Property ment but be mindful of functional- e in the affair Development Ba Blue Sky Group men, which, tak s of relative sustai nk, nabil- Internati leads on to for en at the flood, “There wi ity of nationa l pension sys onal Cooperatio the JapanBureau, should favour real tenants ity and avoid overstretching your tune”, wrote Wi l- future, an ll be more crises in 44 cou in the showe ntries around the world, tems and the The government’s policy to splurge World Bank in n Agency chases cheaper d the Asian 2010. crisis in tirees d the number of Greek re-who will renew a lease contract di- finances, say experts. Prof Manop to people of wo rking age re- more than Bt1.1 trillion from 2013- The report recom Full story at htt mended a...rectly with them. plots in Pattaya Bongsadadt of Chulalongkorn Uni- 19 on infrastructure is redrawing p://goo.gl/20yMD versity’s architecture faculty said the landscape for the real estate“Real tenants should stay or make Blue Sky Group (BSG), a new prop- location rather than price should market. “This is a time to changea living on the rental property. If erty developer owned by a group of compel investors to buy property. the property market to urbanisationthey sublease the place to second, Thai-Indian investors, plans to de- Long-term investment in property rather than focus on Bangkok only,”third or fourth tenants, then they velop one or two resort-style condo- in a good location has high poten- Naporn Sunthornchitcharoen, se-are businessmen and should be minium projects a year in Pattaya, tial for gains. In general, land close nior executive VP of Land & Hous-screened out,” he said. As an adviser each one worth 2 billion baht. Man- to commercial areas increases in es Plc, said. Urbanisation means theto CU’s Office of Property Manage- aging director Thavatchai Sachdev value in the long term as more peo- market will expand from Bangkok’sment, Assoc Prof Manop said the said the Pattaya property market has ple move to cities. CBDs to the outskirts of the capitaloffice has experienced the same boomed during the past two years, and beyond the border as well asproblem CPB faced two days ago ever since the entrance of new luxu- He cited the old Seri Village in Hua to major provincial cities. Build-with the existing tenants in Chal- ry hotels by Hilton and Centara. Mak close to Rama IX Road as an ing techniques will be developed toerm Larp Market. “If tenants are example. Some properties worth speed up the construction processunhappy [with higher rents or other Pattaya has also attracted entertain- only 300,000 baht three decades ago so that supply can meet the surgingconditions], then we need to negoti- ment projects such as the Cartoon are now worth 15 million. “Is there demand for residences both...ate with them, giving them a grace Network’s water park, and leading any other type of investment that Full story at http://goo.gl/sGBlaperiod to prepare and asking them Bangkok developers have launchedwhat they want. If they are still un- many condominiums near thehappy with what we offer, both sides beach or in Pattaya city. “The costwill meet in court,” he said. of land in Bangkok is higher than in Pattaya, while construction costsTwo years ago, Siam Square tenants and unit selling prices in both areaswere unhappy with higher rents are quite close,” said Mr Thavatchai.after their leases expired, but CUfound less than 20% of them were... After success with its first two re-Full story at http://goo.gl/uDSBr sort-style condo projects, BSG willBangkok ranks sixth launchBlue Sky Development Co, a 2011, a new one next year. In Aprilin poll on investment subsidiary, launched the Atlantisdestinations Condo Resort Pattaya _ five eight- storey buildings worth 2 billionBangkok has emerged from the baht, now 90% sold. Located on 11shadows to rank sixth among sec- rai on Jomtien Sai 2, the project willond-tier Asia-Pacific cities that have have 1,000 units sized from 34.5-69become favoured investment and square metres and priced at...development destinations, at least Full story at http://goo.gl/bAHG5partly on the back of a newly vibrantreal-estate investment trust market Housing pricesand the opportunistic yields afford- to rise by 4-8%ed by a growing economy, accord- in new year,ing to a survey. The city moved upeight places from last year’s survey. builders’ group says The Home Builder Association ex-The report on “Emerging Trends pects housing prices next year toin Real Estate – Asia-Pacific 2013”, rise by 4-8 per cent because of ris-completed by the Urban Land Insti- ing costs of raw materials and wagestute and PricewaterhouseCoopers, along with the shortage of labour.also noted Jakarta, Kuala Lumpur Patchara Tantayanyong, presidentand secondary cities in China. This of the association, said the overallis probably at least partly a result of value of the home-building marketongoing yield compression in the would total around Bt10.2 billionbigger, more developed markets, this year, lower than targeted, partlyit said. because of the labour shortage. web • creative • event
  • 14. 14 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 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/bH6PFIT / Comms land, with prices ranging from 2,750 Mobile, cloud AIS now has 14,000 2G base stations to 9,250 baht. The new routers are solutions expected for the existing analogue 900-mega- designed to serve a consumer’s digi- hertz frequency and a number of tal lifestyle that requires multiple to drive security 3G HSPA bases on the 900-MHz http://goo.gl/VwYn9 internet-connected devices such as firm’s income frequency. Its Digital Phone Co sub- internet TV, smartphones, tablets Security-systems company nForce sidiary, operating mobile service...Google caters to and game consoles. aims for 15-per-cent revenue Full story at http://goo.gl/Lv4Ngnet users in growth next year by providing so- Sanook launches The consumer demands video and lutions for wireless infrastructure,emerging markets streaming content with a high-per- mobile devices and cloud infra- online marketplaceGoogle plans a new set of services formance router and easy configu- structure. Nakrop Niamnamtham, in Chiang Maito meet the needs of the world’s ration, she said. “This is a new mar- managing director of nForce Secu-rapidly growing number of online ket growth area for us, but we still rity Systems AP, said that mobile- Sanook.com is introducing chi-users, including Voice Search and believe 90% of data will be stored... device solutions covered encryption angmai.dealfish.co.th, an onlinea “Free Zone” Web browsing ser- Full story at http://goo.gl/C4w1x and security. marketplace for buying and sellingvice. The company expects another products and services exclusively1 billion people around the globe Social media are In 2013, the firm will expand its for people in Chiang Mai and else-will have gone online between 2010 here to stay. Do you customer base to small and medi- where in the North. “Dealfish.co.thand 2015, the majority of them in have a strategy? um-sized enterprises and open an is the most convenient locally fo-emerging countries. around-the-clock, seven-day-a- cused person-to-person commu- No business can deny the power week call centre. It will offer new nity marketplace in Thailand thatMost of the roughly 500 million of social media. Social network- solutions and new partners to pro- Sanook officially launched in Febru-who have already done so during ing has emerged as the dominant vide alternatives for its customers. ary,” said Tiwa York, Sanook Onlinethe period are now online via mo- cultural phenomenon of the digital It has lined up two IT-security busi- managing director for e-commerce.bile phones, a trend that is expected era. It’s not about businesses selling ness partners – FireMon for cloud “After its introduction, we receivedto continue through to 2015, said products, promoting the company solutions and Rapid7 to distribute a good response and we saw thatJulian Persaud, managing director message or sending out data over a fixes for the loopholes in operating- there was an opportunity to expandof Google Southeast Asia. Accessing one-way communication channel. system network applications and the market by focusing on the majorthe Web used to be about desktops, Consumers are in charge, talking databases. provinces of Thailand, beginningbut from now it is all about mobile about those businesses _ and their with Chiang Mai at chiangmai.deal-devices, he said. products, services, employees, per- “I think that next year the secu- fish.co.th. formances and reputations _ across rity market will see serious growthTo prepare these people to go on- social networks in billions of chats, with the emergence of government “The reason we chose Chiang Mailine, Google is investing in the es- blogs and emails. mega-projects such as the tablets as the first province in the expansiontablishment of data centres across for children and the coming of 3G of dealfish.co.th was that we had an-the region to allow its products and Social media are changing the way technology and the growth of the alysed Internet users’ behaviour andservices to work better throughout people work, shop, receive services tablet and smart-phone market. “It found that apart from Bangkok andAsia. It is spending US$700 million and communicate with each oth- will also help organisations manage its neighbouring provinces, people(Bt21.4 billion) to set up centres in er. We are in the midst of a major their infrastructure from ‘bring...’ in the Chiang Mai area used the In-Taiwan, Hong Kong and Singapore, change in the way that businesses Full story at http://goo.gl/41UU2 ternet the most. Hence we saw thathe said. With the future being one and customers interact, whether our an expansion of dealfish into thein which people have multi-devices, customers are consumers or other AIS faced with new local market would best respondGoogle’s Voice Search service is de- businesses, internal or external. It’s challenges in 3G era to the needs of local users, so wesigned to facilitate users to search... a change enabled by technology, but combined products and services forFull story at http://goo.gl/ZvZzZ not fundamentally about technol- Advanced Info Service, the coun- local sales in the Northern area to ogy. It’s about having conversations try’s largest mobile operator, admits provide convenience for people inWD focuses with customers. These conversa- it will be increasingly difficult to Chiang Mai and in other provinceson Thailand’s tions are partially or wholly public, maintain its decade-long leader- in the North. “We envisage that inrouter market requiring a new culture of transpar- ship position with the dawn of the the future when 3G is available na- ency. third-generation (3G) marketplace, tionwide, this will be a factor in...US-based Western Digital Corpora- in which all companies will work Full story at http://goo.gl/P5zbotion, the world’s leading maker of Recognising the importance of this under the same rules and on a levelhard-disk drives, is set to ramp up trend, PricewaterhouseCoopers playing field. Somprasong Boonya- Banks keen to makemarketing over the next few months (PwC) has gathered the thoughts of chai, the executive chairman of AIS Facebook friendsto build its brand in Thailand as a CEOs from around the world over parent InTouch, said innovativemaker of digital lifestyle products. the past several years (PwC’s annual services will be crucial to attracting With Bangkok having 8.68 mil-“The company is ready to allocate global CEO survey). CEOs expect customers. lion Facebook users, more than anyits marketing budget to communi- that social media and mobile devic- other city in the world. There is nocate to Thai consumers that WD is es will prompt a “significant change” He said to maintain leadership, AIS doubt that social media are a pow-no longer just a disk drive maker, in companies’ strategies to engage will provide a variety of services erful influence among Thais. Whenbut also offers products that serve a customers, as customers turn to so- with the aim of sustaining the firm’s Facebook users post comments,connected life,” said Amy Tan, a se- cial media to voice their preferences. majority market share in mobile update status, click “Like” and tagnior manager for WD in Asean. data. Modern telecommunications photos to their friends, the infor- Social media are flourishing. Lead- and IT infrastructure coupled with mation is seen and shared by oth-WD on Tuesday launched the ing companies know that participa- new digital content and media will ers. You may save routine expensesN600, N750, N900 and N900 Cen- tion is no longer an option but... be the company’s strategy to drive and increase wealth from financialtral series of home routers in Thai- Full story at http://goo.gl/2Qwhw growth, said Mr Somprasong. tips posted on Facebook fanpages
  • 15. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-January/Mid-February 2013 Briefs15 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 ... are cyclical _ wa the impact of s a blessing, as the mains CLOUD seasons of the yea 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 ...belonging to several financial insti- cellular subscribers when their 3G The shift of eco ver, other cyc at http://goo.gl/d Full story at htt COMPUTING SOLUTIONS no p://goo.gl/rtpH mentum to the mic growth mo- phenomena affect... lical fu2u 3 up numerous East has opened Full story at http://goo.gl/fJ Thailand near Preventingtutions. networks fail. Asian countries opportunities that olr of list of wor top Bangkok from out, suggests an should not miss Panel: Asia bett weakest pens ’s ld off, not immun er sinking biggesKBank Live, Kasikornbank’s Face- economist. Takorn said the insurance would be New ready-to-serve IT services by Hitachi. e, systems: studion challenge t The robust eco from global cr ybook page, is No.1 with 340,000 no China and em mic growth of optional, and the cost added to the erging economi We are experts in customizing systems to match ises Greece, India, Ch ina and Thailan Land subsidence caused by groun will open a ne es KUALA LUMPUR : The As are home to the d water losses dfans. Building a long-term relation- w Asian economi opportunity for sis in the late 1990s was a monthly service fee of subscribers es to increase the call for the reg your requirements. We guarantee high security ian cri- pensi wake-up cripp weake the world, ko tops on systems in st national lems that must the list of prob- be solved in Ba wealth from tra ir ion that has tur led by k to ng-ship with customers or potential e de in goods an out to be who choose it. Other countries have services at a tim d and availability of system tools. a blessing in dis ned eign debt, a mix of acute sover- clima mitigate the impact of the 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, sayscustomers is the key objective of adopted similar insurance schemes, e Full story at htt are... financial sec region’s ers an p://goo.gl/S65D6 able to sus torExamples dof our poor pension take-up, a is now strong an d study shoServices ers to work- ational agencies . tain a certain wed. The conclusiofanpages, but they also help banks he said. If the idea is accepted, the Grow with th of shocks from e flow Western Hemi• Virtual the The Allianz degree the fallout inserver – request IT resources on-demand a report entitl n is containe ed d in of cycles and Adaptation “Climate Risksto provide advice and customer re- NBTC office will find out which in- ‘There is a tid to a panellist sphere, accord ing sion Global Investors Pen- Me at a recent Center services ity Co-Location,gacities”, jointlHosting astal • Data Asean tracksSutheinabil – Index, which AsianVirtual y conducted by the sta in Asian Co conference.lationship management. “With a ternational insurance firms in Thai- e men, which, tak in the affairs of (Exchange in relati Devel bil- Internation opme ity of nationa ve sustainaWeb hosting) nt Bank, the Japan system, Webmail,tem leads on to for en at the flood, “There wi l pensi 44 countries aro on sys al Co s and the World operation Agencyclear purpose, Facebook should be land are willing to offer this kind of tune”, wrote Wi l- future, an ll be more crises d the •Asian in implement, and d theeek rld,un Design,the showed the number ofsuggest best network 2010. wo Bank ina channel to induce integration be- coverage. Takorn said consumers crisis in tirees to people of wo Gr and IT infrastructure system solutions at htt re- The report rking age re- recommended a... Full storytween the bank and customers. It should be compensated for the loss • Multi-Language Accounting Program p://goo.gl/20yMDshould not be a sales point,” said... of business opportunity when... on Cloud (Japanese, English, Thai)Full story at http://goo.gl/U46im Full story at http://goo.gl/k7dOH • Multi-Language HR Program on CloudTop 10% of users Experts urge (Japanese, English, Thai)have high effect changes to Myanmar • Chemical Substance Management Program on Cloud – just log in and use,on others telecom bill no server is required.Ten per cent of Thai online users Information-technology expertshave a disproportionate share of and entrepreneurs have proposed FREE CONSULTATION!influence on their peer consumers, amendments to Myanmar’s tele- Call now at 02 632 9292, #2132according to the latest global study communications bill that was made to ask about receiving a free gift.by Initiative. The media commu- public last month. Khun Oo, presi- www.caliver.hitachi.co.th/engnications company has uncovered dent of the Myanmar Computer Hitachi Asia (Thailand) Co., Ltd.some interesting trends about the Federation, said the information No.952 18th Fl., Ramaland Bldg., Rama IV Rd.tech-savvy Thai consumer, one of and communications technology Bangrak, Bangkok 10500, Thailandthe more powerful findings being sector could develop rapidly, but itthe influence of this group. could also decline because of the new law.Initiative said it would push to help EURO V IN Y L PVC windows & doorsclients engage this new area and Ye Yint Win, president of the Myan- economical • energy efficient • environment friendly windows & doorsharness the power of this segment mar Computer Professionals Asso-of the population to connect them ciation, said: “Every telecommuni- Casement windows/doorsfurther with their brand. The global cations services will need a licence. Sliding windows/doorsonline study featured more than Web-development businesses, e- Coupling systems8,000 Web users aged 16-54 across commerce businesses and individu- Fence & railingEurope, Asia and the United States. als who want to sell their applica- tions will also need licences. So [the Insect screensThe emerging influencer group has law] needs to separate and identify Conservatory Call usbeen called the “top 10 per cent” the services that need licences and Glass wall for your freeand can be defined by several key those that do not need licences, as Pergola quote! German System Profileattributes and behaviour. These in- it can harm freedom of creation and German Hardware 10 years warrantyclude having higher levels of media small enterprises.”consumption; a social predisposi- www.euro-vinyl.comtion and wide-category shopping; Chaw Khin Khin of MCC Groups 087 517 6437and being more likely to research... added: “If Google doesn’t apply for aFull story at http://goo.gl/urcGf licence after the bill is passed, Gmail will become an illegal mail-serviceTelecoms may provider. The bill should encouragebe asked to offer competition.” He also criticised the ADDING A NEW DIMENSION TOservice interruption bill for placing the regulating body under the control of the Ministry ofinsurance Communications and...Takorn Tantasit, secretary-general Full story at http://goo.gl/YHGeBof the National Broadcasting andTelecommunications Commission, Intel looks to 3G forsays he will propose that the three notebook rebootcompanies planning to provide Intel is pinning its hopes on the roll-third-generation cellular service on out of 3G in Thailand to revive limpthe 2.1-gigahertz spectrum be re- notebook sales, which hit their low-quired to offer service insurance for est level in a decade this year. Thetheir customers. Operators would firm plans to introduce a convert-pay a premium to insurance com- ible notebook, a new device that...panies to cover damages suffered by Full story at http://goo.gl/uxKNU www.kudozonline.com/interactive
  • 16. 2 BANGKOK BU SINESS BRIEF December 20 1116 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 2013 Briefs www.BBBrief.com To rea enter the sto General Inte rest liam Shakespe are The Chambers Sponsored by Nature and life Use your smartphone’s QR Code ... seasons of the yea ar the phases of the r scanner or enter the short code to http://goo.gl/o zbNM Caught up in da m ily Asia stands to ily forget that go directly to AMCHAM’s website. gain from W has cycles, too. the b We a slowdown est with the econo mi of expansion, con c The American Chamber of Commerce The shift of eco covery. Howe tra no ver, o mentum to the mic growth mo- phenomena affect... up numerous East has opened Full story at http://go opportunities Asian countries that out, suggests an should not miss Panel: Asia b in Thailand (AMCHAM) economist. off, not immu The robust eco China and em nomic growth from global c of erging economi will open a ne es KUALA LUMPUR : Th w Asian economi opportunity for sis in the late 1990s was es wealth from tra to increase their call for the region that de in goods an out to be 7th Floor, GPF Witthayu Tower A, 93/1 Wireless Road, services at a tim d a blessing i e States and Europ when the United nearly 15 years later, as t e are... financial sector Full story at htt is now s Lumpini, Pathumwan, Grow with th p://goo.gl/S65D6 able to sus tain of shocks from a certa e flow Western Hemi the fallo Bangkok 10330 of cycles ‘There is a tid to a panellist conference. sphere, at a rece e in the affair men, which, tak s of Tel: +66 (0)2 254 1041 leads on to for en at the flood, “There wi tune”, wrote Wi l- future, an ll be more cris d the Asian Fax: +66 (0)2 251 1605 Website: www.amchamthailand.com Email: service@amchamthailand.com http://goo.gl/mbUpGThe Charitable Foundation’s year-end activities ATCF supports disaster risk reductionFor more than three decades, AMCHAM members have been actively education book for Thai childrencommitted to improving the social infrastructure in Thailand, The American Chamber of Commerce in Thailand’s Charitable Foun-particularly for schools in rural areas. AMCHAM formally registered dation (ATCF) was warmly received at the Ministry of Education forthe AMCHAM Thailand Charitable Foundation (ATCF) in 2004, the donation of 3,000 “Alert Little Mole” coloring books with crayons.thereby providing a legal entity through which AMCHAM membersand other supporters can demonstrate their commitment to the The coloring book was created in response to the devastating flood inbetterment of Thailand by contributing to a range of educational, civic, 2011 and is designed to increase awareness among young children ofand social services projects. the causes of natural disasters. The book provides simple risk reduction lessons. Ten-thousand copies of the book are being distributed to ThaiHere are four recent ATCF activities. To learn more about the public schools across the country, notably in provinces prone to recur-AMCHAM Charitable Foundation, please visit the AMCHAM website ring floods.or email Sheree at: sheree@amchamthailand.com. The ATCF, Save the Children and The United States Agency for Inter- national Development (USAID) partnered to create the book. ATCF thanks the Ministry of Education and the Corporate Supporters who made the book possible: Chevron, Bangkok Patana School Foundation, Esso (Thailand), Mazars (Thailand), New International School of Thai- land, Seagate Technology (Thailand), W.R. Grace (Thailand) and Yum Restaurants International (Thailand). Ron Hensley Memorial Playground dedication On December 3, 2012, friends of the late Ron Hensley gathered atFedEx delivers Wat Marnwichai Municapal School to dedicate the Ron Hensley Memorial Playground.Christmas gifts to Sithipayagorn SchoolOn December 16, 2012, over 100 FedEx Express volunteers brought This playground was made possible by a 259,156 baht donation fromSanta, gifts and funds for a new playground to Sithipayagorn School, individual donations and an AMCHAM matching grant. The indi-Amphur Wang Noi, Ayudhaya. FedEx Express donated 60,000 baht – vidual donors were: Edward Corcoran, John Evans, Dennis Meseroll,and received an AMCHAM matching grant of 60,000 baht – to provide Chic Chicarelli, David Nardone, Nigel Oakins, Tom Payne, Georgesafe equipment for the school’s kindergarten playground. The FedEx Hooker, Joe Feinsten, Ken and Ann White, Vorapong Vorasuntharo-volunteers spent their afternoon engaging the students in activities and soth, Greg Corrigan, Gerald Kania, James Ferry, Herm Rowland Sr.games. The visit concluded with Santa distributing school bags and oth- and Herm Rowland Jr., Mike Bianco, Craig Blacklock, Peter Fischback,er school supplies to students. Jim Schneider, Charles and Shannon Blocker, James Yarbrough and Paul Robere.Party raises 78,000 baht for the Mercy CentreAMCHAM celebrated their annual Eggnog Festive Holiday Partyon December 6 and collected 78,340 baht and toys for donationto the Human Development Foundation’s Mercy Centre. Since2007, AMCHAM‘s holiday party has raised 400,030 baht for theMercy Centre.The Mercy Centre was founded in 1972 by Father Joe Maier and Sis-ter Maria Chantavarodom to provide education support for children ofpoor neighborhoods. Today the Centre is part of the Human Develop-ment Foundation under the Royal Patronage of HRH Princess Srirasmiand provides education and quality of life assistance to over 6,000 chil-dren and over 5,000 adults.
  • 17. 2 BANGKOK BU SINESS BRIEF December 20 11www.BBBrief.com Mid-January/Mid-February 2013 BANGKOK BUSINESS BRIEF Briefs 17 To re enter the sto General Inte rest liam Shakespe are The Chambers Sponsored by Nature and life Use your smartphone’s QR Code ... seasons of the yea ar the phases of the r scanner or enter the short code to http://goo.gl/o zbNM Caught up in da m ily Asia stands to ily forget that go directly to AustCham’s website. gain from W has cycles, too. the b We slowdown est with the econo mi of expansion, con c The Australian-Thai Chamber The shift of eco covery. Howe tra no ver, o mentum to the mic growth mo- phenomena affect... up numerous East has opened Full story at http://go opportunities Asian countries that out, suggests an should not miss Panel: Asia b of Commerce (AustChamThailand) economist. off, not immu The robust eco China and em nomic growth from global c of erging economi will open a ne es KUALA LUMPUR : Th w Asian economi opportunity for sis in the late 1990s wa es wealth from tra to increase their call for the region that de in goods an out to be 20th Floor, Thai CC Tower, 889 South Sathorn Road, services at a tim Full story at htt e d a blessing i States and Europ when the United nearly 15 years later, as t e are... financial sector is now Yannawa, Grow with th p://goo.gl/S65D6 able to sus tain of shocks from a certa e flow Western Hemi the fallo Bangkok 10120 of cycles ‘There is a tid to a panellist conference. sphere, at a rece e in the affair men, which, tak s of Tel: +66 (0)2 210 0216-8 leads on to for en at the flood, “There wi tune”, wrote Wi l- future, an ll be more cris d the Asian Fax: +66 (0)2 675 6696 Website: www.austchamthailand.com Email: admin@austchamthailand.com http://goo.gl/N47Gg2012 AustCham Thailand President’s AwardThe AustCham Thailand President’s Award ispresented to an individual or organisation that hasmade a significant contribution to the Australian andThailand business communities, to the relationshipbetween Australia and Thailand, or has substantiallyfacilitated investment or trade between our twonations.This time last year Thailand was in a state of disarraydue to the devastating floods that swept through atthe end of 2011. The President’s Award was put onthe hold in the wake of a country wide clean up.One year on and after much hard work AustChamwas pleased to resurrect the tradition and announcethe 2012 recipient during December Sundowners atthe Ambassador’s Residence.AustCham President John Anderson proudlypresented the award to well-known and highlyregarded Chamber member (and former Director),David Armstrong. Drawing on his career in Austcham President John Anderson presents award to David Armstrong:magazine and newspaper journalism spanning “He is a proud Australian, a tireless supporter of the Chamber and somebody who is always helping others.”40 years and several different countries, Davidhas been very strong supporter of the chamber throughout his time editor of The Canberra Times, editor-in-chief of The Australian,in Thailand. editor-in-chief of the South China Morning Post, and president and chief operating officer of the Post Publishing media company in“This year’s President’s award started as a junior reporter on The Bangkok, Thailand. Ultimately, however, this year’s President’s AwardAustralian newspaper as soon as he graduated from the University of recipient is a person who has achieved much, but – most significantly,New South Wales in 1969. He went on to become editor of The Bulletin, and selflessly – has given even more. “
  • 18. 2 BANGKOK BU SINESS BRIEF December 20 1118 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 2013 Briefs www.BBBrief.com To re enter the sto General Inte rest liam Shakespe are The Chambers Sponsored by Nature and life Use your smartphone’s QR Code ... seasons of the yea ar the phases of the r scanner or enter the short code to http://goo.gl/o zbNM Caught up in da m ily Asia stands to ily forget that go directly to a Chamber’s website. gain from W has cycles, too. the b We slowdown est with the econo mi of expansion, con cBelgian-Luxembourg/Thai CC (BeLuThai) Malaysian-Thai CC (MTCC) The shift of eco no covery. Howe tra mentum to the mic growth mo- phenomena affect... ver, o up numerous East has opened Full story at http://go15 Soi Tonson, Ploenchit Road 3601 36th Floor, Q Houses Lumpini Bldg., Asian countries opportunities that out, suggests an should not miss Panel: Asia bLumpini, Pathumwan South Sathorn Rd., Tungmahamek, Sathorn economist. off, not immuBangkok 10330 Bangkok 10120 The robust eco China and em nomic growth of from global c erging economi es KUALA LUMPUR : Th Tel: +66 (0)2 677 7393 will open a ne w Asian economi opportunity for sis in the late 1990s wa esTel: +66 (0)2 309 5250 Fax: +66 (0)2 677 7394 wealth from tra to increase their call for the region that de in goods an out to be services at a tim d a blessing iWebsite: www.beluthai.org Website: www.mtcc.or.th e States and Europ when the United nearly 15 years later, as t e are... financial sectorEmail: info@beluthai.org http://goo.gl/EGpi8 Email: admin@mtcc.or.th http://goo.gl/Xqn32 Full story at htt Grow with th p://goo.gl/S65D6 able to sus tain is now of shocks from a certa of cycles e flow Western Hemi the fallo sphere,Danish-Thai CC (Dancham) Netherlands-Thai CC (NTCC) ‘There is a tid men, which, tak e in the affair s of to a panellist conference. at a rece leads on to for en at the flood, “There wi34 C.P. Tower 3, 9th Floor Tower A, 15 Soi Tonson, Ploenchit Road tune”, wrote Wi l- future, an ll be more cris d the AsianPhayathai Road, Ratchathewi, Lumpini, Pathumwan,Bangkok 10400 Bangkok 10330Tel: +66 (0)2 354 5220Fax: +66 (0)2 354 5221 Tel: +66 (0)2 309 5250Website: www.dancham.or.th Website: www.ntccthailand.orgEmail: contact@dancham.or.th http://goo.gl/9Y8wd Email: info@ntccthailand.org http://goo.gl/WaAzAFranco-Thai CC (FTCC) New Zealand Thai CC (NZTCC)5th Floor, Indosuez House, 152 Wireless Road, 9th Floor, ITF Tower, 140/26 Silom Road,Lumpini, Pathumwan, Bangrak,Bangkok 10330 Bangkok 10500Tel: +66 (0)2 650 9613-4 Tel: +66 (0)2 634 3283Fax: +66 (0)2 650 9739 Fax: +66 (0)2 634 3004Website: www.francothaicc.com Website: www.nztcc.orgEmail: contact@francothaicc.com http://goo.gl/QmEcX Email: director@nztcc.org http://goo.gl/7IxHWGerman-Thai CC (GTCC) Singapore-Thai CC (STCC)25th Fl., Empire Tower 3, 195 South Sathorn Road 193/8 Lake Rajada Office Complex, 1st FloorYannawa, Sathorn Rachadapisek Road, Klongtoey, Klongtoey,Bangkok 10120 Bangkok 10110Tel: +66 (0)2 670 0600 Tel: +66 (0)2 264 0680-4Fax: +66 (0)2 670 0601 Fax: +66 (0)2 264 0688Website: www.gtcc.org Website: www.singaporethaicc.or.thEmail: services@gtcc.org http://goo.gl/KizCx Email: marketing@singaporethaicc.or.th http://goo.gl/hwtqKIndia-Thai CC (ITCC) South African-Thai CC (SATCC)No. 13, Sathorn Soi 1, 10/143 (1503A), 15th Fl The Trendy BldgThungmahamek, Sathorn, Soi Sukhumvit 13, Klongtoey-Nua, WattanaBangkok 10120 Bangkok 10110Tel: +66 (0)2 287 3001 Tel: +66 (0)2 168 7416-7Fax: +66 (0)2 679 7720 Fax: +66 (0)2 168 7418Website: www.itcc.or.th Website: www.satcc.netEmail: info@itcc.or.th http://goo.gl/j3q0Y Email: satcc@satcc.net http://goo.gl/szwoZIrish Thai CC (ITCC) Swiss Thai CC (STCC)Maneeya Center Bldg, 7th Fl, 518/5 Ploenchit Road, Bangkok Business Centre Bldg, 18th Fl., Unit 1802Lumpini, Pathumwan, #29, Sukhumvit 63 Road,Bangkok 10330 Bangkok 10110Tel: +66 (0)2 652 0848 Tel: +66 (0)2 714-4177Fax: +66 (0)2 652 0671 Fax: +66 (0)2 714-4179Website: www.irishthaicc.com Website: www.swissthai.comEmail: info@irishthaicc.com http://goo.gl/vTn6j Email: info@swissthai.com http://goo.gl/EQ7pzJapanese CC (JCC) Thai-Canadian CC (TCCC)15th floor Amarin Tower, 500 Ploenchit Road, 139 Pan Road, Sethiwan Tower, 9th Floor,Kwang Lumpini, Khet Patumwan Silom, Bangrak,Bangkok 10330 Bangkok 10500Tel: +66 (0)2 256 9170-3 Tel: +66 (0)2 266 6085/6Fax: +66 (0)2 652 0931 Fax: +66 (0)2 266 6087Website: www.jcc.or.th Website: www.tccc.or.thEmail: info@jcc.or.th http://goo.gl/Ak9yr Email: tccc@loxinfo.co.th http://goo.gl/xOX5c
  • 19. 2 BANGKOK BU SINESS BRIEF December 20 11www.BBBrief.com Briefs 19 Mid-January/Mid-February 2013 BANGKOK BUSINESS BRIEF To re enter the sto General Inte rest liam Shakespe are The Chambers Sponsored by Nature and life Use your smartphone’s QR Code ... seasons of the yea ar the phases of the r scanner or enter the short code to http://goo.gl/o zbNM Caught up in da m ily Asia stands to ily forget that go directly to a Chamber’s website. gain from W has cycles, too. the b We slowdown est with the econo mi of expansion, con cThai-Chinese CC (Thai-CC) Thai-Pakistan CC (TPCC) The shift of eco no covery. Howe tra mentum to the mic growth mo- phenomena affect... ver, o up numerous East has opened Full story at http://goThai C. C. Tower 9th Fl., 889 South Sathorn Rd., Thai Samut Asset Co., Ltd., Unit J, 16th Floor, Asian countries opportunities that out, suggests an should not miss Panel: Asia bSathorn 163 Suriwongse Road, Bangrak, economist. off, not immuBangkok 10120 Bangkok 10500 The robust eco China and em nomic growth of from global c erging economi es KUALA LUMPUR : ThTel: +66 (0)2 675 8577-84 Tel: +66 (0)2 634 0147-8 will open a ne w Asian economi opportunity for sis in the late 1990s wa esFax: +66 (0)2 212 3916-7 Fax: +66 (0)2 634 0149 wealth from tra to increase their call for the region that de in goods an out to be services at a tim d a blessing iWebsite: www.thaicc.org Website: www.thai-pakistanchamber.com e States and Europ when the United nearly 15 years later, as t e are... financial sector Email: info@thai-pakistanchamber.com http://goo.gl/PQj3C Full story at httEmail: info@thaicc.org http://goo.gl/nvgVp Grow with th p://goo.gl/S65D6 able to sus tain is now of shocks from a certa of cycles e flow Western Hemi the fallo sphere,Thai-Finnish CC (TFCC) Thai-Russian CC (TRCC) ‘There is a tid men, which, tak e in the affair s of to a panellist conference. at a rece leads on to for en at the flood, “There wiC/O FINPRO Office, Netpoint SEA Ltd. 2nd Floor 14th Floor Loxley Bldg, 102 Na Ranong Road, tune”, wrote Wi l- future, an ll be more cris d the AsianWandee Siam Bldg, 58/84 Muangthong Thani, Klong Toey,Chaengwattana, Klongklua, Nonthaburi 11120 Bangkok 10110Tel: +66 (0)2 574 2879-80 Tel: +66 (0)2 348 8873Fax: +66 (0)2 574 2877 Fax: +66 (0)2 240 3307Website: www.thaifin.or.th Website: www.trcc.or.thEmail: tfcc@thaifin.or.th http://goo.gl/bZC1O Email: admin@trcc.or.th http://goo.gl/Pk8wuThai-Hong Kong Trade Association (THTA) Thai-Swedish CC (TSCC)Empire Tower, 25th Floor, 195 South Sathorn Road, 34 C.P Tower 3, 9th Floor Tower A, Phyathai Rd,Yannawa, RatchathewiBangkok 10120 Bangkok 10400Tel: +66 (0)2 343 9000 Tel: +66 (0)2 354 5229-31Fax: +66 (0)2 343 9029 Fax: +66 (0)2 354 5232Website: www.thta.or.th Website: www.swecham.comEmail: thai-hongkong@thta.or.th http://goo.gl/qY8zE Email: contact@swecham.com http://goo.gl/rPFRLThai-Israel CC (TICC) Thai-Taiwan Business Association (TTBA)14th Fl., Manorom Building, 3354/45 Rama 4 Rd., No. 30/207 Sukhumvit Soi 39, Sukhumvit Rd.,Klongton, Klongtoey, Kiongtannua,Bangkok 10110 Bangkok 10110Tel: +66 (0)2 672 7020 Tel: +66 (0)2 662 7335-6, 662 7385Fax: +66 (0)2 672 7021 Fax: +66 (0)2 662 7382Website: www.thaisraelcc.com Website: www.ttba.or.thEmail: ticc@thaisraelcc.com http://goo.gl/ua3Aw Email: ttba@ttba.or.th http://goo.gl/DdLeZThai-Italian CC (TICC) Joint Foreign CC of Thailand (JFCCT)1126/2 Vanit II Building, 16th Floor, 1601B New 38th Floor, State Tower 1055/914 Silom Rd,Petchburi Rd., Makkasan, Rajdhevee, Silom, Bangrak,Bangkok 10400 Bangkok 10500Tel: +66 (0)2 255 8695 Tel: +66 (0)2 630 6307Fax: +66 (0)2 253 9896 Fax: +66 (0)2 630 6303Website: www.thaitch.org Website: www.jfcct.orgEmail: info@thaitch.org http://goo.gl/AAoTx Email: secretary@jfcct.org http://goo.gl/PVRjtKorean-Thai CC (KTCC)6th Fl. Rajapark Bldg, 163 Asoke Sukhumvit 21 Rd,Klong Toey Nua, Wattana Bangkok Business Brief offersBangkok 10110 a unique service to promote your business in aTel: +66 (0)2 204 2503 different way – video interviews on our website’sFax: +66 (0)2 204 2504 homepage for a month. Advertorial videos are notWebsite: www.korchamthai.com welcome here! Your company will provide actual,Email: ktcc@korchamthai.com http://goo.gl/H33BK relevant content that will be of interest to our viewersThai-Norwegian CC (TNCC) and show that your company is knowledgable in its field so that they will seek you out in a professional888/142 Ploenchit Rd, 14th Fl., Mahatun Plaza, capacity. We can recommend a one-stop productionLumpini, Pathumwan,Bangkok 10330 service that can work with you to create your video.Tel: +66 (0)2 650 8444Fax: +66 (0)2 627 3042 Contact Andy HydeWebsite: www.norcham.com at andy@bangkokbusinessbrief.comEmail: contact@norcham.com http://goo.gl/wom78 for more details and rates.
  • 20. 20 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 2013 www.BBBrief.com line between work time and time media’ instead because it is Intel is not the only companyBan or plan? personal time). a more accurate way to describe that trains its employees to useStory continued from Page 1. these communication tools and social media/real-time media incustomers. There are more than On the other hand, when em- more appealing to executives. the right way. Coca-Cola, Cis-1 billion Facebook users, and ployees are actively chatting, Indeed, many big corporations co, IBM, and many others workanother 500 million Twitter us- reading, commenting, or viewing now have command centers to with their teams to help themers, and these numbers con- something online, they are also monitor and manage all of the make use of the opportunitiestinue to increase. According to ‘reachable’ and can be engaged conversations about their brand that these platforms offer. Forthe latest statistics, Thailand’s by a savvy digital marketer. With in real-time. companies that want to engage,internet penetration is growing so many people communicating not only their employees, butquickly, with nearly one-third of online, marketers and other so- In addition to making use of so- also their customers and all ofthe population (20 million peo- cial media advocates find it hard cial media sites internally, some their stakeholders, digital mediaple) now online, and more and to believe that companies, no companies are empowering their and social networks can have amore people using mobile de- matter what industry they are in, workers and encouraging them very positive effect on morale,vices to get online. According to would not want to be part of the to be online brand ambassadors, brand awareness, and ultimately,www.socialbakers.com, young conversation or at least monitor but only after completing com- on profits.people (ages 15-24) are the larg- the conversations that are taking prehensive training programs.est portion of the 20 million peo- place about their brand. Finding the right balance andple online (45%), while there are Intel has had one of the busi- having the right policy and18 million people on Facebook Online conversations are not just ness world’s most innovative training program is key to mak-in Thailand. happening with people outside social media policies for many ing full use of the social media companies. Many organizations years, but since 2008, has been revolution that is changing theWith so many smartphones and have now embraced social media using its ‘Digital IQ Program’ to way we work and play. So fortablets owners out there (and to encourage collaboration and enhance the knowledge of and companies in the era of socialmany people now have both), communication internally. They train all of its employees in the media, the choice is theirs: Theypeople are online all the time, see social media as a way for use of new media. With over can either ‘plan’ or ‘ban.’ Whileand they don’t actually need teams in different departments 100 online modules compris- banning social media sites intheir office computer to get on- or locations to communicate ef- ing a video, text, and a test, each the workplace may seem to beline. They may not be actively ficiently and in real time. One Intel employee is able to self- helping employee productivitychecking Facebook or posting marketing strategist has even train and move at their own pace in the short term, in the longon Twitter, but from the time suggested that the phrase ‘so- through the program. Once they run, companies that ban maythey wake up in the morning cial media’ be outlawed at work have passed a certain level in the be missing opportunities to im-until they go to bed at night, because of its connotations of program, they are then allowed prove their businesses and theirthey are ‘reachable’ (some would frivolity and time-wasting. He to speak or write on behalf of bottom line, and risk gettingalso argue that this blurs the advocates using the phrase ‘real- the company. left behind. Bangkok Business Brief PPi Professional Portfolio International www.BBBrief.com THE PPI MASTERS EXPAT INVITATIONAL 2013 Mango Mango Ltd. Part. 124 Sukhumvit 38 Prakanong, Klongtoey Bangkok 10110 • Thailand Tel. 02 712 4052 Thana City Golf Club, Bang-Na Trad Km 14, Friday 1st February 2013 Publisher and Managing Director (Thai Sales) Tee-Off at 12.30pm Pavinee Chaymanee • 084-147-5550 thailandmagazine@gmail.com Managing Director & Creative Director Reid Nixon • 080-246-9000 reid@bangkokbusinessbrief.com FA B U LO U S P R I Z ES AWA R D ED FOR Business Development Manager (English sales) • 1ST & 2ND NET SCORE • 1 LONGEST DRIVE & 1 NEAREST THE PIN Andy Hyde • 080-814-9080 • LOADS OF GREAT LUCKY DIP PRIZES TO BE WON andy@bangkokbusinessbrief.com • AS MUCH MONEY AS POSSIBLE WILL GO TO CHARITY! The cost per golfer including caddie and Players with no official handicap Delivery cart is B3,000. In return you will receive: cards will be pooled into our special Anan Boonma • A Goodie Bag to take home scoring system. • Free drinks dispensed during your round So start swinging the wrenches In cooperation with Siam Gazette Co., Ltd. • The Prize Giving Ceremony at the course will include Food & Drinks on us again and enter a team of 4 or come as an individual, by simply emailing Alan Verstein • 081-761-9302 Players with official handicap cards will golf@ppi-advisory.com or call our need to bring them to the course for office on 02 6640968. verification. Volume 2, Issue 2 • Mid-January to Mid-February 2013 Copyright 2013. All rights reserved. www.ppi-advisory.com
  • 21. THE PALM Beachfront Condos Call to find out how. We have Prices Lower than Logistics Bureau Asia invites you to attend our popular workshop the Developer Does! Invest a bit of time and gain some valuable insights into improving your skill effectively. Developer Pricing is 104,000/sqm & higher... WORKSHOP!Starting at 2.3M Baht PRACTICAL SUPPLY CHAIN MANAGEMENT – 89,000/sqm – 20-21-22 February 2013from RE/MAX Integrity! To know the fundamental of Supply Chain Management, understand the principals, the concepts & techniques involved. SUCCESSFUL INVENTORY MANAGEMENT 21-22 March 2013 Attend this 2-day interactive workshop and hear best practices & case experiences By MR. COLIN AIRDRIE, Supply Chain Management expert   LOGISTICS BUREAU ASIA For more information: Tel. 02-277-2870 or duangkamon@logisticsbureau.com Your Pattaya Investment Property Experts! SpecialWe have many opportunities that are cheaper than the developer! Bangkok Office Pattaya Office 10% discount for the “Early Bird” payment 3/8 Sukhumvit 49 Wattana, Bangkok 414/39 Soi Bongkot Banglamung, Chonburi Extra 10% discount! Send 3 - more delegates remax-integrity.co info@remax-integrity.co Office 02-662-7884 | Mobile 084-086-0228 BOOK QUICKLY – seats are limited!
  • 22. 22 BANGKOK BUSINESS BRIEF Mid-January/Mid-February 2013 www.BBBrief.com The Calendar For event details, enter the short code below the Bangkok Trader goo.gl/6ngBg Networking Party http://goo.gl/6ngBg event into your browser: Sunday Monday Tuesday 20 21 AMCHAM: Business Econ – 22 Review of Thailand’sJan. AMCHAM: Property Market Committee Leadership http://goo.gl/TN279 Orientation http://goo.gl/lusdA AMCHAM: Professional Women Bangkok Entrepreneurs Cmte. – Inside the FCC http://goo.gl/JihG3 http://goo.gl/O1m4F 27 28 29 AMCHAM: HR & Legal – Labor Enviro. Update AMCHAM: http://goo.gl/CB7Dv Committee Leadership Bangkok Trader Orientation Networking Night http://goo.gl/2fuHz http://goo.gl/EnNbR 3 4 5 10 11 12Feb. AustCham: Board of Directors Mtg. http://goo.gl/rmsWl AustCham: Joint Property & Infrastructure Evening Presentation http://goo.gl/eZkux PPi Professional Hour http://goo.gl/EbSqX 17 18 19 Bangkok Entrepreneurs http://goo.gl/JihG3 24 25 26 AMCHAM: US-Myanmar Trade and Investment Relations – Bangkok Trader Path Forward Networking Night http://goo.gl/KfuAf http://goo.gl/EnNbR
  • 23. www.BBBrief.com Mid-January/Mid-February 2013 BANGKOK BUSINESS BRIEF 23 Send us your event details for the Mid-February/March issue by February 6th to reid@bangkokbusinessbrief.com Wednesday Thursday Friday Saturday 23 AMCHAM: Lao Chapter – 24 25 26 Trade Show / Gala Dinner & Miss Minnesota http://goo.gl/WiU0y Joint Chambers: Joint Chambers: Professional Women’s Eastern Seaboard Group Speed Networking Networking Evening http://goo.gl/SRqsQ http://goo.gl/GqM8oAMCHAM:Myanmar Task 30 31 1 2Force – Sanctions Briefinghttp://goo.gl/Uxlbb PPI Masters: Expat Invitational Golf TourneyAMCHAM: http://goo.gl/NV1DLMonthly Luncheon – AMCHAM:World Bank on Thailand’s 2nd Annual Thailand AMCHAM: Board ofEconomic Outlook Tourism Forum 2013 Governors Meetinghttp://goo.gl/2al4i http://goo.gl/OwhZv http://goo.gl/JNdUX 6 7 8 9 AMCHAM:AustCham: Sundowners 2013 Gala Installation Ballhttp://goo.gl/mko8P http://goo.gl/f1FsK 13 14 AMCHAM: Independence Day 15 16 Picnic Cmte http://goo.gl/gkgrD AMCHAM: Greater Phuket Chapter: AnnualAMCHAM: SME Cmte US Tax Summary Updatehttp://goo.gl/Qrshx http://goo.gl/XqdakAMCHAM:CSR Cmte 20 21 22 23http://goo.gl/EXEPUAMCHAM: Customs& Transportation – AMCHAM:National Single Window Greater Phuket Chapter –& AEO Program Tri-Nations Networkinghttp://goo.gl/0uw3S http://goo.gl/fZpjp 27 28 1 2AMCHAM:Monthly Luncheonhttp://goo.gl/3esbS
  • 24. Wishing All of Our Customers A Very Happy & Healthy New Year! ! CLICK 089-991-1199 PLEASE VISIT OUR FRESH NEW WEBSITE ATPLEASE CALL OUR CUSTOMER SERVICE WWW.VILLAMARKET.COM