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Bangkok Business Brief Magazine - October 2012

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The Bangkok Business Brief is a monthly business news magazine, carrying domestic and regional business news articles aggregated from a variety of news agencies. A short synopsis of the most popular …

The Bangkok Business Brief is a monthly business news magazine, carrying domestic and regional business news articles aggregated from a variety of news agencies. A short synopsis of the most popular articles will de displayed in print, though should the reader wish to view the expanded version, short URL’s and QR codes are included for easy navigation to the website. The print articles displayed each month will be determined by their popularity highlighted by the websites analytics.
The 10,000 copy monthly circulation is highly targeted toward medium to top level managers and executives.

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 required to be informed about.


The readership of the publication has been determined to be between 25,000 – 45,000.
The “Pass On” rate is estimated to be between 2.5 and 4.5 times per individual copy.
The circulation of 10,000 copies incorporates direct mailing to Chamber of Commerce members, circulation throughout Amata Industrial Estate, Eastern Seaboard, delivery with ‘Food by Phone’ orders and strategic distribution points at Bangkok’s leading hotels and serviced apartments business centres executive lounges.

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  • 1. BANGKOK BUSINESS BRIEFVol. No. 1, Issue No. 11 Mid-October/Mid-November 2012 Daily business news briefs at www.bangkokbusinessbrief.com‘Gen Y’ or ‘Gen Why?’By Ruprecht Benson tion in May, a senior executive at ‘Internet Generation,’ or deri- which frustrates Gen Xs and BabyAt a B. Grimm-sponsored sym- a major Thai company mentioned sively, the ‘Me Generation,’ Gen Boomers. From the U.S. to Europeposium about “Compassion in the hiring challenges that his com- Ys were born roughly between to Asia, the ideas of ‘generationalBusiness” at Sasin Graduate In- pany is currently facing. He said 1980 and 2000. They are the first conflict’ and ‘generational war-stitute of Business Administra- that a significant change is hap- generation to be born with per- fare’ has fuelled many attention- pening in the business world as sonal computers, personal stereos grabbing headlines: “Spoiled Gen- Inside young people today seem to be looking to work for companies (from Walkmans to iPods), and personal devices (from pagers eration lacks basic skills,” “Why bosses hate Gen-Y,” “Move Over General Interest 2 that match their own values. He and cell phones onwards). They Boomers!” Many Gen X and Baby Finance/Investment 3 described interviews with the new are a tech-savvy, multi-tasking, Boomer commentators have even Government/Economy 4 generation as “them interview- job-hopping generation that rep- seen the 2008 Global Economic Production 5 ing us, rather than the other way resent, according to some, a re- Crisis as an opportunity to give a Retail/Services 6 around.” Welcome to the world of cruiter’s nightmare. They tend to dose of reality to a generation that Tourism 8 Generation Y! focus on their networks, and use has never had to endure hardship. IT/Comms 10 words like ‘happiness,’ ‘creativity,’ Real Estate 12 Commonly called ‘Gen Y’ (be- and ‘fun’ when describing their in- On the other hand, Gen Ys claim cause they follow ‘Gen X,’ which terests. And they seem to be less that what others see as lack of am- The Chambers 14 followed the ‘Baby Boomers’), concerned about job security, ca- bition, selfishness and an inability The Calendar 22 or alternatively, ‘Millennials,’ the reer advancement, and job titles, Story continues on Page 20 THAILAND LEGAL & BUSINESS SERVICES 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 interactive COMPANY SET-UP PROPERTY LAW IMMIGRATION – JTPEA Thai Japanese Company – Foreign Business Act ACCOUNTING CONVEYANCE FAMILY LAW WORK PERMIT 30 YR LEASE CONTRACTS free consultation REALISTIC RATES - SUPERIOR SERVICE Bangkok Office: 1104/157 Noble Cube, Pattanakarn Road Tel: (66) 02.187.2640 - 1 • Email: Bangkok@juslaws.com FREE CONSULTATION - CONTACT US Phuket Office: The Royal Place, 96/14 Chalermprakiet Ror.9 Rd Tel: (66) 076.304.353 – 5 • Email: Phuket@juslaws.com WWW.INTERACTIVETHAILAND.COM | 02-653-0043
  • 2. 2 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 www.bangkokbusinessbrief.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 Winning strategies Female leaders Private sector for the B2B market running the show believes corruption Leading executives and marketers shared some thoughts about how during a weakens http://goo.gl/ozbNM to win in the business-to-business talent shortage The private sector has warned that market at the OmegaWorldClass As we approach 2015, we are expe- as corruption tends to destroy com-‘Global Research Institute’s “B2B Marketing riencing huge changes being caused petitiveness, all sections of societyEntrepreneurship CRM & Sales Summit 2012”. by what some people are calling the should see that the law is enforced “AEC effect”. As businesses prepare strictly so as to scare people awayWeek’ set Chutima Mokkhasmit, first vice for the Asean Economic Communi- from engaging in such damagingThailand has joined 123 other coun- president of Kasikornbank, said ty, there is a huge expertise shortage activity.tries in launching “Global Entrepre- marketers had to understand their in Thailand and a war being foughtneurship Week”, the local goal of clients’ needs and purchasing de- for the talent that exists. Against this Pramon Suthiwong, honorary pres-which is to inspire young Thais to cisions. And this should not be backdrop, we are finding more and ident of the Thai Chamber of Com-turn their ideas into businesses and confined to their direct needs. At more that female leaders are taking merce, said during a seminar thatshowcase Thai entrepreneurship to KBank, she said addressing clients’ up positions in management. corruption was a real problem forthe world. The campaign will take indirect needs sometimes needed the nation’s competitiveness, as it isplace from November 12-18 and “heart bonding” rather than try- Naturally, many companies are is rife in both the public and privatecoincides with the 80th-anniversary ing to push sales hard. “Knowing having to change and adapt in this sectors. The Board of Trade has es-celebration of the Thai Chamber of that 77 per cent of our customers age of globalisation. Therefore, my tablished a network to fight corrup-Commerce. are family-owned businesses, we question is: “Has your organisation tion in 42 organisations. “The goal of have realised that family succession become ‘change-ready’ by shifting reducing and preventing corruptionEnterprises are encouraged to or- is their current concern. Hence we mindsets about gender diversity has already been set, and early re-ganise events during Global Entre- have initiated a professional-family yet?” From my years of experience, I sults are showing progress. The nextpreneurship Week as a mark of the business-management programme have found that the companies that hurdle to clear is to get corruption-importance of entrepreneurship in for them, bringing parents and their resist change and are narrow-mind- prevention programmes operatingglobal development. Global Entre- children to attend the course to- ed about differentiation are now internationally, with many morepreneurship Week seeks to inspire gether. Our customers have realised reaching a dead end. On the other organisations participating,” he said.people through local, national and... that we understand them and go... hand, a company that provides... Income inequity is another...Full story at http://goo.gl/33j4I Full story at http://goo.gl/AFieL Full story at http://goo.gl/Qx6Fp Full story at http://goo.gl/ipWGu MBMG Group is a multi-award-winning professional research and advisory practice that provides a full spectrum of investment, insurance, financial and legal services for individuals, corporations and institutions throughout Asia. Founded in Thailand in 1996, MBMG Group has since established a reputation for providing sound, intelligent and impartial advice to clients from all walks of life. But don’t just take our word for it, look at the awards we’ve won.... • ACQ Finance Magazine Global Award, MBMG Group, Business Advisory Firm of the Year, Thailand 2012 • ICFM Leading Regulated Fund Management Provider, Thailand 2012 • ICFM Continental Awards, Thailand 2012 • Finance - Monthly Tax & Estate Planning Firm of the Year, Global Award 2012 • Finance - Monthly Tax & Estate Planning Firm of the Year, Thailand 2012 • Lawyers World Global Leading Firm, Top Tier Rankings 2012 • Lawyers World Annual Jurisdiction Awards 2012 • Lawyers Monthly Legal Award 2012 • The DealMakers M&A Awards 2012, Independent Financial Consultancy Firm of the Year (Thailand) MBMG InTernaTIonal Co., lTd. 75/56 Ocean Tower II, 26th Floor, Soi Sukumvit 19 Klongtoey Nua, Wattana, Bangkok 10110 Tel: +66 (0) 2 665 2537 - 9 Email: info@mbmg-international.com Web: www.mbmg-international.com
  • 3. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 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 ...Finance / Investment is ready to link up with the Asean 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 Link, the region-wide stock trading Asian countries opportunities that olr of list of wor top Bangkok from out, suggests an should not miss Panel: Asia bett platform, in mid-October. Thailand weakest pens ’s ld economist. off, not immun er sinking bigges would be the third country, after 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/wKeiJ Singapore and Malaysia would kick 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- start the regional trading on Sept es to increase the call for the reg wake-up cripp the world, ko be solved in BaSmartphone trading wealth from tra 18, said Virathai Santipropop, vice services at a tim e ir de in goods an out to be d ion that has tur a blessing in dis led by young retire k to ned eign debt, a mix of acute sover- clima mitigate the impact of the te change on States and Europ when the United nearly 15 years later, as the guise high ratios of pension ment ages, a study by multin flooding, says ng-a part of online shift president of the exchange. 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 . Grow with th of shocks from degree a report entitl n is containe d in of cycles e flow Western Hemi the fallout in the The Allia and Ad ed “Climate Ris ksThe stock market is gearing up the On Sept 3, the Thai exchange start- to a panellist sphere, accord at a recent As nz ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ina ‘There is a tid conference. ean tracks the bility Index, which Asian ities”, jointly conducted by thedevelopment of a smartphone trad- ed the SET Connect, the new IT sys- 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 sysing application to keep up with tem that would support the regional 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-booming trade via the channel, linkage. “Asean Link gives the Thai to people of wo rking age re- The report recom Full story at htt mended a...which now makes up 5.2% of total exchange an opportunity to dem- p://goo.gl/20yMDinternet trading value. The Stock onstrate the Thai capital market’sExchange of Thailand (SET) pre- investment potential, underpinneddicts the figure could grow to 6%. by strong economy and geographi- cal location in Indochina. Thai com-“Trading by smartphone and tab- panies have remained strong, stag-let is growing fast from only 0.02% ing quick recovery from economicof total online trading over the crisis and natural disasters,” Virathaipast four years when online trad- said. Ahead of the linkage, the SET...ing has just begun, to 1.1% in 2010 Full story at http://goo.gl/RjXGsand 3.3% last year,” said Dr PakornPeetathawatchai, the SET’s chief Myanmar needsmarketing officer. The SET together to get land priceswith Thai Samsung Electronics has under control,developed a stock trading app onsmartphones and tablets. “Online investors saytrading via smartphones and tablets Skyrocketing land prices in Yangonmay double this year from last year,” and other key cities of Myanmar aresaid Dr Pakorn. Investors not only giving big headaches to local andtrade stocks but also use apps to... foreign investors planning to ex-Full story at http://goo.gl/P8LhD pand in manufacturing and real es-Gold bugs bullish on tate.land prices aremeasuresneed, or trol Government in great to con-liquidity pump Myanmar may not be able to attractGold prices, up nearly 10% in the more foreign investment and createpast month, still have room to rise, as many jobs as projected.with a potential increase of 13% toUS$2,000 an ounce thanks to the “There’s no doubt that there arelatest monetary stimulus move by plenty of opportunities in propertythe US Federal Reserve, according development, with supply remain- Professional Portfolio Internationalto a fund manager at MFC Asset ing at very low levels. All the hotelsManagement. Kasemtas Darda- and office buildings in Yangon were Dedicated torananda, a MFC global equity fund built in the 1990s and there has been Service Excellencemanager, noted that during the first no new investment in the past de-round of quantitative easing by the cade,” Aung Zaw Naing, managing...Fed in mid-2009, gold prices rallied Full story at http://goo.gl/Iw1lY30% as $1.75 trillion was pumped PPI strives to help each client grow,into the markets, gaining 15% as a Cambodia protect, and enjoy their wealth in theirresult. “After QE3 was launched, opening its doors own way and achievestocks worldwide rose and fell over to investment Financial Freedoma short period of time, with ongoing With GDP growth averaging aroundconcern over the European debt cri- 9% for the past decade, Cambodiasis. But gold has continued to gain is certainly attracting interest fromas investors seek a safe haven,” Mr potential investors. It has possibly With its team of very knowledgeable and experiencedKasemtas said. According to fund the most investor-friendly environ-research firm Morningstar (Thai- ment in Asean with no exchange Advisers, PPI delivers the highest level of financialland), returns for the top local gold controls, no restrictions on repatria- planning and wealth management services to clientsfunds for the year to Sept 17 were tion of profit, and no discrimination throughout Southeast Asia and beyond.generally in line with benchmarks... between foreign and local investors.Full story at http://goo.gl/IDjTf Moreover, corporate income tax is www.ppi-advisory.com 20% and there are tax holidays ofSET to join Asean up to nine years. Foreigners can also Professional Portfolio International (PPI) 209/1 K Tower, Tower B, 19th Fl., Unit 4, Sukhumvit 21 Rd.(Asoke)Link in mid-October take out leases on land for up to 99... Klongtoey Nua, Wattana, Bangkok 10110, ThailandThe Stock Exchange of Thailand Full story at http://goo.gl/v0aoD Tel +662 664 0968, +662 664 0145 | Fax +662 260 7769 Email: clientservices@ppi-advisory.com
  • 4. 4 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 www.bangkokbusinessbrief.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 US businesses have shown concern The department’s report showed However, Yokporn Tantisawetrat, about political stability. However, that approvals were up by 13 per the chief risk officer of Siam Com- now that politics is stable, the gov- cent and initial investment up by mercial Bank (SCB), admitted a ernment could do many things to Bt708 million from August last year. stronger capital base may be needed http://goo.gl/EIbH6 improve the country’s competitive- The new operations are expected in the Thai banking industry given ness, Mannix said. He explained to create up to 941 jobs for Thais. the severity of the global economicNow the time to woo that after the recent quantitative- The first eight months saw 218 ap- morass. “The global economic land-foreign investment: easing measure in the United States, provals, up 25 per cent, with initial scape is fraught with risk because Americans would spend more and... capital of Bt6.57 billion. Last month, of the situations of the US and EUAmcham Full story at http://goo.gl/7FkCu the most popular businesses were economies,” said Mr Yokporn.There is no better time for Thailand service, financial and wholesaling...to develop its business environment 34 foreign Full story at http://goo.gl/h1Nih A sluggish recovery of the US econ-and stringently implement plans to businesses granted omy from its 2008 crisis and the...prevent flooding amid an influx of FBA exemptions Global woes bolster Full story at http://goo.gl/b8KxBforeign investors to rising Asia and need for Basel IIIthe strong integration of the Asean In August, 34 foreign companies Greater risk in the global economy Airport Rail Link toEconomic Community, said the received an exemption under the is the main factor supporting the be made statepresident of the American Chamber Foreign Business Act to set up op- necessity of the new Basel III finan- The status of the Airport Rail Linkof Commerce in Thailand. Thailand erations this month worth at least cial standard, which will require the will be raised to that of a state en-is already one of the top destina- Bt1.4 million, as Thailand’s econo- Thai banking industry to strengthen terprise to settle the liquidity prob-tions for US investors. However, my shines amid the global gloom. its capital base further to ensure its lem and business losses. Deputywith the current political stability,“More investment will flow into ability to handle unexpected crises. Transport Minister Chatchart Sithi-it now is able to do more to attract Asia, particularly Asean countries As the Thailand banking industry pan said the State Enterprise Policyinvestment and promote business including Thailand, because of the learned its lesson from the 1997 Committee agreed to raise the Air-expansion, Amcham president Joe euro crunch. Thailand will be eyed financial crisis in keeping its finan- port Rail Link to a status similar toMannix said. as one investment destination with a cial base healthy, some questioned that of the State Railway of Thailand safe future,” Ittipol Changlum, dep- whether the standard was necessary. by making the Finance MinistryAccording to a survey by Amchams uty director-general of the Business The Bank of Thailand will require its major stakeholder. The rail linkin Asean nations this year, Thailand Development Department, said yes- part of the new Basel III standard serves only 4,500 passengers daily...is the only member of the bloc where terday. starting in 2015. Full story at http://goo.gl/sg69l LEGAL & ACCOUNTING PROFESSIONALS Tris Mart Ltd, Hong Kong Textiles & Apparel Services in Asia Sourcing | Buying | Production | QC TrisMart Ltd is registered in Hong Kong and offers sourcing and consultancy services to Western apparel importers and retailers for all their textiles and apparel needs from Asia. interactive Product develoPment GrouPs 1. Apparel: knitwear, woven, sweaters, denim,… 2. Textiles: yarns, fabrics, home textiles, leather,… 3. technical: clean-tech, eco-tech, med-tech, pro-tech, sports-tech,… 4. Made Ups: bags, belts, headwear, socks, plush toys,… 5. Accessories: labels, badges, patches, hangtags,… LEGAL & BUSINESS SERVICES COMPANY REGISTRATION WORK PERMIT & VISA TRISMART LTD, Hong Kong Sourcing & Production of Textiles & Apparel in Asia ACCOUNTING & AUDIT Challenge Us To Find What You Couldn’t Find! sales@trismart.net www.trismart.net ENGLISH SPEAKING REPRESENTATIVES COMPANY SET-UP PROPERTY LAW IMMIGRATION “If it’s made from textiles, ACCOUNTING CONVEYANCE FAMILY LAW Tris Mart Ltd can find it for you in Asia.” WORK PERMIT 30 YR LEASE CONTRACTS Vast Network of Partners in these Asian Countries of Production: FREE CONSULTATION - CONTACT US WWW.INTERACTIVETHAILAND.COM | 02-653-0043 Bangladesh China India Laos thailand Vietnam TWO PACIFIC PLACE, 17TH FLOOR - NANA BTS
  • 5. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 Briefs 5 To read the fu enter the shor the story into ll article of a t code at the story brief, end ...added that the set aside a signi company had General Inte your browser: of budget of Bt20 ficant investment goo.gl/bH6P F Bangkok Business Brief 0 million for over million to Bt300 rest liam Shakespe seas Full story at http: expansion. are 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 www.bangkokbusinessbrief.com 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 rate entities in Thailand, is a multi- The shift of eco Full story at htt Mango Mango Ltd. Part. no ver, other cyc at http://goo.gl/d 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 Preventing business corporation active in the Asian countries opportunities that olr of list of wor top Bangkok from out, suggests an should not miss Panel: Asia bett fields of energy, cooling, healthcare, 124 Sukhumvit 38 weakest pens ’s ld sinking bigges economist. off, not immun er Prakanong, Klongtoey systems: studion t lifestyle, transport and real estate. The robust eco no from global cr e, y challenge China and em mic growth of Bangkok 10110 • Thailand ises Greece, India, Ch Land subsidence http://goo.gl/UrVpE Throughout its history, the com- 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 on systems in st national lems that must the list of prob- Asian economi opportunity for sis in the late 1990s was a pany has constantly been at the es to increase the call for the regTel. 02 712 4052 wake-up cripp the world, ko be solved in BaKorea joins Thai 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 forefront of technological and in- 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, sayssolar power project frastructure development with in- e Full story at htt are... financial sec Publisher and Managing Director (Thai Sales) 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 . novative ideas and products. Link Grow with th of shocks from e flow Western Hemi degree Pavinee Chaymanee • 084-147-5550 the fallout in the The Allia a report entitl n is containe ed “Climate Ris d inKorea Midland Power Corp joined of cycles said that the energy business now sphere, accord nz and Ad ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ks ‘There is a tid to a panellist conference. thailandmagazine@gmail.com at a recent As ina ean tracks the bility Index, which Asian ities”, jointly conducted by thea Thai renewable energy project contributed about 50 per cent of B 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 systo build an eight-megawatt solar Grimm’s revenues, while... tune”, wrote Wi l- future, an ll be more crises d the Asian in 44 cou Managing Director & Creative Director 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-power plant in the Southeast Asian Full story at http://goo.gl/qubrI Reid Nixon • 080-246-9000 to people of wo rking age re- The report recom Full story at htt mended a...country, according to the unit of p://goo.gl/20yMDKorea’s monopoly power distribu- Car industry reid@bangkokbusinessbrief.comtor. gunning for spot Business Development Manager (English sales) in top 10 Andy Hyde • 080-814-9080Korea Midland signed a contract onMonday with Toyo-Thai Corp PCL Thailand will become a global top- andy@bangkokbusinessbrief.com(TTCL), a Thai construction com- 10 carmaker in the next five years,pany, and Siam Steel Grating Group, with annual output reaching 3 mil- Deliverya Thai utility equipment maker, to lion units, says Surapong Paisitpata- Anan Boonmabuild the solar farm in Ang Thong, napong, spokesman for the automo-one of the central provinces of Thai- bile industry club of the Federation In cooperation with Siam Gazette Co., Ltd.land, the Seoul-based company said of Thai Industries (FTI). He said Alan Verstein • 081-761-9302in a statement on Tuesday. even though the industry was badly affected by last year’s earthquakeThe project will receive a 10-year and tsunami in Japan and flooding Volume 1, Issue 11 • Mid-October to November 2012subsidy of eight baht (26 cents) per in Thailand, the tax rebate under the Copyright 2012. All rights reserved.kilowatt-hour, and include the sale government’s first-time car buyerof power to the Provincial Electric- scheme will help the industry to re-ity Authority of Thailand, the state- cover and experience rapid growth. affirmed the company’s commit- The export of live and dried earth-ment said. Investment estimates and ment to establish a long-term pro- worms is worth about 2 billion bahttime schedules were not provided. Next year’s domestic market looks duction base in Thailand and ser- a year. Japan and China are the ma-South Korea’s power utilities are healthy, while the automobile and vices to Thai patients. jor buyers. Mr Teetat is among 2,000committing to boosting the use of auto parts sectors are among the people who have been trained inrenewable energy after the... few to weather the debt crisis in Eu- The factory will be on a 30-rai vermiculture farming by KasetsartFull story at http://goo.gl/ddedo rope that has adversely affected al- (4.8-hectare) plot in Amata Nakorn University’s animal science depart- most all other Thai exports, said Mr Industrial Estate in Rayong. Aim- ment, which started the course inB Grimm banks on Surapong. ing to create 400 jobs, the plant is 2004 in order to promote the use...energy projects scheduled to begin production in Full story at http://goo.gl/Fevn1B Grimm plans to allocate a huge Last year, Thailand was the 15th- mid-2013. The location was cho-investment of Bt75 billion for the largest producer of all types of motor sen because of its proximity to Parts group fearsexpansion of power-plant facilities vehicles, according to the worldwide Bangkok and logistics network, brain drainand other energy projects in the rankings by the International Orga- said Tippawan Jitpimolmard, coun- The brain drain of skilled labourKingdom over the next seven years, nization of Motor Vehicle Manufac- try manager at Baxter Healthcare to neighbouring countries whenchairman Harald Link said yester- turers. The country came in sixth in (Thailand). “This investment will the Asean Economic Communityday. terms of commercial vehicle pro- increase our solution supplies to begins in 2015 will likely hinder duction and 22nd in... satisfy long-term demand among... growth in the Thai auto parts in-The company, established locally in Full story at http://goo.gl/fQjJR Full story at http://goo.gl/cbKto dustry, says the leading trade group.1878 originally as a pharmaceutical Achana Limpaitoon, president ofbusiness, will focus its attention on Baxter invests in A lucrative the Thai Autoparts Manufacturersenergy business, raising the cur- kidney solution can of worms Association, says regional integra-rent contribution from 50 per cent plant here Thousands of earthworms wrig- tion under the AEC will exacerbateof turnover to about two-thirds in gling in a small box are a disgusting existing shortages of skilled labour.2018, he said. US-based Baxter International is sight for most people. Worms may pouring US$70 million (Bt2.24 bil- not be cute, but for vermiculture “When the free flow of skilled la-“We plan a surge in our revenues lion) into producing peritoneal di- farmers such as Teetat Bamrungsab, bour takes place under the AECfrom the Bt19 billion expected for alysis solution in Thailand, encour- the squirming little creatures are po- framework, everyone will snatchthis year to about Bt60 billion in aged by the policy of the National tentially good business. His Teetat our skilled workers, because we2018, when we celebrate our 140th Health Security Office (NHSO) to Farm is among 50 ventures in the have the longest experience in theanniversary in Thailand,” said Link. extend coverage to patients with country that raise and sell a variety auto parts field,” she said. “Even lo-“We also expect our revenues to chronic kidney failure. of earthworm species as well as their cal firms have been competing withreach Bt150 billion when we cel- by-products such as vermicompost each other to get hold of them.” Un-ebrate our 150th anniversary.” Gerald Lema, corporate vice presi- fertiliser and worm tea, all earth- skilled labour is falling short too. dent and president of Baxter’s Asia- friendly substances good for the For example, unskilled migrant...B Grimm, one of the oldest corpo- Pacific region, said the investment soil. Full story at http://goo.gl/ySwLy
  • 6. 6 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 www.bangkokbusinessbrief.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 previous record of 1 million for the ness and increase sales in Thailand. Budget carrier clash iPhone 4S. Chevron entered Thailand in 1948 to do oil trading business. It later ex- in Don Mueang will Narong Intanate, the chairman of panded into oil refining, exploration benefit riders http://goo.gl/QyrTE Copperwired, an authorised Apple and production. partner, said Apple partners will Competition among budget car-The grey iPhone 5 likely lose a number of potential “The rebranding programme aims riers will likely heat up once theis here! customers to the grey market. The to change public perception on Cal- market leader AirAsia starts usingThe much-awaited iPhone 5 hits Thai government needs to review tex and reiterates our commitment Don Mueang airport, which will re-the grey market in Thailand today, existing regulations governing the to grow our business in Thailand,” place Suvarnabhumi airport as thepriced at 35,000 for 16 gigabytes imports of frequency-based equip- said Chevron’s country chairman airline’s new main hub in Thailandand 43,000 baht for 64 gigabytes. ment, which now take about one and general manager Adrian Ben- from next Monday. The duel will beThe grey iPhone 5 in Thailand will month to be approved, he said. deck. “This year will be another big between Thai AirAsia (TAA), AirA-be imported from Singapore, Hong move of marketing campaigns and sia’s flagship in the country, and theKong and Australia. Mr Narong said approval of the sales promotion of San Ramon- Thai-owned Nok Air, both of which import of this equipment takes just based Caltex in four years,” he said. will compete on the same battlefieldApple announced the launch of days in Singapore. “With the advent “We want to also communicate to of Bangkok’s old airport, which isthe iPhone 5 on Sept 12, saying the of the Asean Economic Community the public that we’re ready to grow set to become a fully functionalproduct will be made officially avail- in 2015, the state needs to amend our business in this country despite aerodrome.able in nine markets today – the the rule to be on a par with... stiff competition,” said Mr Bendeck.US, Singapore, Australia, Canada, Full story at http://goo.gl/IIxCR Industry executives predict in-France, Germany, Hong Kong, Ja- The rebranding cost is not disclosed. tense fare competition and mind-pan and the UK. The device will be Caltex in major According to Mr Bendeck, the com- boggling marketing gimmicks willlaunched in 22 more markets next rebranding drive to pany plans to add 100 Caltex ser- likely be deployed by the two airlineFriday and another 100 in Decem- raise market share vice stations by 2015 from 450 at groups as they battle on the sameber including officially in Thailand. present. Of the total new pumps, 30 ground rather than at different air- Chevron (Thailand) Co, one of are expected to be operational this ports. Both carriers will lose one ofApple recently said pre-orders of Thailand’s oldest oil traders, is re- year. Each outlet is estimated to cost their unique appeals for their clientsthe iPhone 5 topped 2 million with- branding its Caltex service stations about 30 million including... _ easy airport accessibility for pas-in 24 hours, more than double the as part of its plans to expand busi- Full story at http://goo.gl/En4B1 sengers.
  • 7. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 Briefs 7 To read the fu enter the shor ll article of a t code at the story brief, Expatriate Medical Insurance ...added that the the story into end 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 ...TAA has been staging its flights complement the two-storey Rolls- 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 Preventingthrough Suvarnabhumi, Bangkok’s Royce showroom, which is already Asian countries opportunities that olr of list of wor top Bangkok fromgateway airport, while Nok Air has out, suggests an should not miss Panel: Asia bett one of Asia’s largest. It is expected to weakest pens ’s ld economist. off, not immun er sinking biggessignificantly benefited from some be operational in the fourth quarter e, systems: studion challenge t The robust eco no from global cr y China and em mic growth of ises Greece, India, Ch Land subsidencepassengers’ preference to fly in and of the year. 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-out of Don Mueang, where it now wealth from tra es to increase the ir 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 theshares the facility almost exclusively “The location and concept allows 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, sayswith Orient Thai Airlines, anotherus to reach a broader audience, who 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. The conclusioThai-owned budget airline. will be able to view first-hand why 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 in of cycles the elegance, quality and craftsman- 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 theThere could be a shift back and ship of our cars earns them the title 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 sysforth of customers between TAA of the ‘best cars in the world’,” Tor- 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-and Nok Air, depending on how... sten Müller-Ötvös, CEO of Rolls- to people of wo rking age re- The report recom Full story at htt mended a...Full story at http://goo.gl/JpL6v Royce Motor Cars, said. • Easy to understand plans p://goo.gl/20yMDThailand and • Freedom to choose treatment provider Asia-Pacific regional director Paul • Family plan: 2nd, 3rd & 4th child freeToyota counting on Harris added: “We are seeing sig-each other nificant interest in our brand in • No Claims Discount Thailand, and I thank Millionaire • orporate plans: Group discount CThailand hopes to join the world’s Auto for its commitment to invest- available from only 3 employeestop 10 auto producing nations with- ing in yet another brand touchpointin the next three to four years, and for potential Rolls-Royce custom- For more details,Toyota – the largest auto company ers. We hope that by bringing the Contact Jay Cammack on 02-207-1023in the country – will play a major marque to Central Bangkok it will or email : jay.cammack@iag.co.throle in achieving that target. impassion a Thai audience which already has great appreciation ofKyoichi Tanada, president of Toyota craftsmanship in its own culture.Motor Thailand (TMT), says that With virtually unlimited bespokeauto production of all brands inThailand is expected to reach a to- variations, customers can commis- sion their cars in as much meticu- www.nzihealthcare.comtal 2.3 million units in 2012, which lous attention to detail as the way...would rank it in 12th or 13th place Full story at http://goo.gl/qiiSv e-commerce store on Rakuten hicle here. The Japanese automakerin the world. “In order to becomepart of the world’s top 10, we need to More Thai retailers TARAD.com, Boonyong hason year launched the http://goo.gl/ArW8m 153 per cent increase in year seen a Full story at MiEV in Japan in...produce at least 2.5 million vehicles seek online outlets revenue at his online store, while he Major Cineplex,per year and I think that it is pos- Boonyong Ariyarit, owner of Real has added out of town buyers to...sible,” he said. Gadd, a store selling a range of ac- Full story at http://goo.gl/aJM9S Bangkok Airways cessories for the iPad and other gad- enter partnership toTanada said Toyota, as leader of the gets, faced troubles in reaching out Mitsubishi developsThai auto industry, considers the to potential clients. With a physical electric cars locally widen customer basetop 10 target as its responsibility, as store located in a less favourable Electric vehicles are on the fast Major Cineplex Group, the coun-much as Thailand’s. “Thus Toyota’s position in one of Bangkok’s busy track to competing with fossil-fuel try’s largest cinema operator, is join-plan is to produce at least 1 million IT malls, he found he wasn’t able to vehicles, driven by ever-increasing ing forces with Bangkok Airways tovehicles, or even 1.2 million vehi- rely on passing traffic to generate oil prices. Nobuyuki Murahashi, launch new cinemas and expand thecles, by that time,” he added. How- enough sales. After less than a year the president of Mitsubishi Motors customer base for both companies.ever, in order to achieve the goal, the of trading, Boonyong decided to (Thailand) Co, said rising oil pricesgovernment sector needed to step in supplement his existing outlet with and concerns about carbon dioxide Major Cineplex chairman Vichaand support the industry, either in an online shop to increase brand emissions are speeding up EV de- Poolvaraluck said the group hadterms of market or... awareness. velopment. welcomed Bangkok Airways as aFull story at http://goo.gl/GsuF3 new partner to launch three high- “There is a lot of competition for This means the manufacturing costs class cinemas at Paragon CineplexRolls-Royce my store both in the mall we are of the cars and their weight as well called “Bangkok Airways Blue Rib-to open unique located in and, more generally, for as battery prices will decline in the bon Screens”. The new cinemas,new boutique the product we sell, but setting up future once economies of scale are which will accommodate 72, 38 and our store on Rakuten TARAD.com reached, he said. Mitsubishi’s bat- 32 seats, were renovated and rede-Following the recent opening of has helped us attract a wider audi- tery supply partners are making signed from the Nokia Ultra Screenthe first Rolls-Royce Motor Cars ence and increase sales. Initially, we fast progress in developing batter- unit with a Bt5-million investment.showroom on Rama 3 in Bangkok were assigned an e-commerce con- ies with longer life and higher effi- The seven-year contract with Nokiaearlier this year, the company has sultant (ECC) to assist and advise us ciency. expired this year. The new contractannounced plans to open a unique on techniques that could help make with Bangkok Airways is for threenew boutique in Central Bangkok, our online store successful, and even The Japanese carmaker now plays years.the first of its kind in Asia.This ex- 12 months after opening the online a vital role in EV development inclusive facility will be situated at store, we can still call on our ECC to Thailand. It signed an agreement Bangkok Airways aims to broadenSiam Paragon, an upmarket luxury provide guidance and insight,” said with the Metropolitan Electricity its brand awareness via these cin-shopping mall. The boutique will Boonyong. Authority of Thailand last Septem- emas, which will also be used forprovide easy access to Rolls-Royce ber to start joint field testing of the marketing activities such as free air...products for customers and will Since establishing the Real Gadd Mitsubishi innovative electric ve- Full story at http://goo.gl/JTd1Y
  • 8. 8 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 www.bangkokbusinessbrief.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 allows passengers to choose one of the five islands as a destination. AirAsia’s online booking system will then automatically select the nearest http://goo.gl/fxE4d airport to the island. Upon arrival to the airport, a vehicle will collect theAirAsia offers Thai passengers and transport them to...island transfers Full story at http://goo.gl/McRZ6AirAsia has launched a new service Samui resort setoffering transfers to five of Thai- out as “adults-only”land’s most popular resort islands. romance destinationPassengers are now able to booktransfer services to Koh Samui, Koh Building on its success as a trail-Phangan, Koh Phi Phi, Koh Lanta blazer in stylish hotels for guestsand Koh Lipe, as part of their AirA- passionate about travel, the stylishsia flight itinerary. Akyra Chura Samui is relaunch- web • creative • event ing as a chic romantic retreat – and“We noticed that most travellers to the first “adults only” resort on Effortlessly blending contemporary mand had grown quickly for morethe southern provinces of Phuket, Chaweng Beach. From November hospitality with expressive style and private, couples-oriented holidaySurat Thani, Krabi, Nakhon Si 1, children under 12 will not be al- individualism, akyra Chura Samui experiences since launching and...Thammarat and Hat Yai continue lowed at the 1-year-old property, offers 61 elegant suites and rooms Full story at http://goo.gl/IaAIDon to either Samui, Phangan, Phi as the hotel seeks to broaden its ap- mixing understated luxury withPhi, Lanta or Lipe Island, so it made peal further to the ever-increasing Asian chic, in addition to embrac- Greener hotelsense for us to offer transfers to the number of travellers looking for a ing a comfortable outdoors ethos, The Westin Grande Sukhumvit, re-islands alongside our ticketing ser- peaceful, romantic couples’ experi- in-keeping with the resort’s passion- cently became part of the “A Star-vice,” said Tassapon Bijleveld, CEO ence. This positioning ideally suits ate, spirited style. wood Challenge for a Better World”of Thai AirAsia. its unique location on the quieter global campaign, with the ambitious northern stretch of the beach at Akyra Chura Samui Resident Man- – but achievable – goals to reduce itsThe ‘Easy Island Transfer’ service Chaweng Noi. ager Colin Owen Healy said de- energy and water consumption.
  • 9. 2 BANGKOK BU SINESS BRIEF December 20 11www.bangkokbusinessbrief.com Briefs To read the fu enter the shor the story into ll article of a Mid-October/Mid-November 2012 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 ... the most popular destination in the seasons of the yea are cyclical _ wa the impact of s a blessing, as the mains 2008 would ha the council said. above the Europ the phases of the r, life and death, far worsesmartphone to see all the stories http://goo.gl/o zbNM region, according to the annual sur- Caught up in da moon, the tides. Mokhtar, for the region, ve been ” Azman In ean average. ily details, we eas the managing India, Chinain a certain category. Asia stands to vey by Travel + Leisure magazine. ily forget that has cycles, too. the business wo - of Khazanah rld told the CI Nasional of Malaysia, tion However, the 2015 target is also director rough ly 12 percent of and Thailand, gain from W We are all fam contribute to a the popula- slowdown est “Ninety-five percent of respon- with the econo mic business cyc r ilia MB Asean Confe contingent on no further global... rence. the we aknesses of pension, while of expansion, con le His comme sion system are Thailand’s pen- dents indicated they traveled within covery. Howe traction and re- Full story nts were... Full story at http://goo.gl/R1lGv ...“As our footprint grows, we have an nam if it does not develop Russian- 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 Southeast Asia for leisure purposes 3even greater environmental respon- up numerous East has opened Full story at http://goo.gl/fJ speaking tourism personnel soon. Asian countries opportunities that olr Thailand near of list of wor in the last 12 months, similar to last ld top Suggestions for Preventing Bangkok fromsibility and one that we share across out, suggests an should not miss Panel: Asia bett Kubilay Atac, the managing direc- weakest pens ’sall Starwood hotels. Each of us has economist. tor of Pegas Touristik (Thailand), off, not immun er year’s results,” said publisher Robert e, systems: studion luring Japanese sinking bigges challenge t y from global cr hipsters The robust eco no China and em mic growth of Fernhout. “Business travel within ises Greece, India, Ch Land subsidencea role in ‘doing the right thing’ to the country’s biggest inbound tour 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 the region is stable as well; close to Asian economi opportunity for sis in the late 1990s was a ian cri- pensi weake tops on systems in st national lems that must the list of prob- dreduce our impact on the environ- agent for Russian visitors, said Thai- 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 60 per cent of respondents say they ion that has tur led by Thailand must offer “cool and excit- k to ned eign debt, a mix of acute sover- clima mitigate the impact of the ng-ment,” said Charles Jack, general land is facing a shortage of tour services at a tim e d a blessing in dis young retire te change on travelled for business within the re- ing” tourism products if it wants to States and Europ when the United nearly 15 years later, as the guise high ratios of pension ment ages, a study by multin flooding, saysmanager. guides who know the Russian lan- 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 . gion in the last year. That being said, tain a certain showed. lure young Japanese travellers, sug- The conclusio guage. Grow with th of shocks from e flow Western Hemi degree a report entitl n is containe d in of cycles the number of respondents that take the fallout in the The Allia gests Japan’s leading travel agency. and Ad ed “Climate Ris ksThe campaign was kicked off on the to a panellist sphere, accord nz ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ‘There is a tid conference. 4 trips or more per year has grown at a recent As ina It said Chatuchak Weekend Mar- ean tracks the bility Index, which Asian ities”, jointly conducted by therealisation that millions more peo- It is estimated that only 2% 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 considerably in 2012.” ity of nationa l pension sys ket should be promoted as a trendy onal Cooperatio the Japanple are travelling. The campaign has people in the tourism industry can tune”, wrote Wi ll be more crises in 44 cou in the showe ntries around the world, tems and the World Bank in n Agency l- future, an d the Asian crisis in tirees d the number of Greek re- place for these travellers. 2010.won supports from customers and speak Russian compared with 70% to people of wo The report recom When it comes to Air Travel, the rking age re- Full story at htt mended a...owners, who become more focused in Vietnam. That country is seri- p://goo.gl/20yMD most popular among the magazine’s “Marketing gimmicks and efficienton sustainability and expect the ously developing its travel industry readers is Singapore Airlines. “Al- promotion of the right products aresame from hotel operators as their including promoting tourist desti- though the majority of our readers necessary if the Thai tourism agen-partners. The world is changing in nations among Russians. usually opt for the traditional carri- cy wants to attract these travellers,”ways that stimulates economic and ers, they do see low cost carriers as Tsuyoshi Ando, the manager fortravel growth in many emerging “Thailand should be realistic and a good alternative for shorter direct travel marketing and strategy at JTBmarkets around the world. Today’s understand what tourists want, not flights and AirAsia is the leading Corporation, said in an interview athotel guests, especially the younger what you want to offer them. In fact, choice here. Although nearly one in a tourism expo in Tokyo last week.ones, are choosing brands that share the Russian tourist market can grow three readers has flown AirAsia inthe same sense of purpose for reduc- more for Thailand but Thai people the last 12 months, only a very small He gave his comments upon learn-ing environmental impact. Looking should understand their nature,” percentage of our readers claim to ing the Tourism Authority of Thai-into the future, meeting and... said Mr Atac. fly low-cost carriers on an exclusive land (TAT) has decided to targetFull story at http://goo.gl/euQYi basis” said Fernhout. young Japanese travellers. The number of Russian visitors toTAT promotes Thailand has grown considerably inmedical tourism On hotel stays, the respondents As in other countries, Japanese recent years, as their favourite desti- spent slightly shorter but more... youngsters are naturally attractedin Thailand nations in the Middle East are facing Full story at http://goo.gl/6KSeu to new things and trendy fashions political problems. “Russian tourists and look for places that meet theseNearly 90 tourism facilitators, love sun and beaches, but it would TCT confident of needs. “Online channels are a popu-health tourism organisations and be better if Thailand could offer... Bt2-bn revenue lar source for them to prepare theirhealth insurance companies from Full story at http://goo.gl/4Eotj vacations, but there’s still not much18 countries recently gathered at The Tourism Council of Thailandthe Centara Grand at CentralWorld Thailand offers visa website information about Thailand (TCT) yesterday expressed strong tourism,” said Mr Ando.in Bangkok for a “Thailand Medi- in 24 hours confidence that the official annualcal Wellness Tourism Trade FAM Mumbai travellers can now make tourism revenue target of Bt2 tril- He said neighbouring countriesTrip 2012” organised by the Tour- sudden plans to travel to Thai- lion by 2015 is achievable, as long have embarked upon “vivid and...ism Authority of Thailand (TAT). In land. Cox Kings Global Services as the domestic political situation Full story at http://goo.gl/R57Gzaddition to the meetings, the TAT (CKGS) has announced that hence- remains stable and closer coopera-also organised a three-day trip that forth applicants that submit their tion is forged between the private Reluctanceprovided an opportunity for the documents for Thailand visa at and government sectors. to join single-visainfluential guests from around the Mumbai will receive the visa in 24world to experience Thai health and hours instead of three working days. Of the 2015 revenue goal, Bt1.45 scheme could provewellness providers, hospitals, spas, trillion is expected to come from in- to be costlyand specialised clinics first hand. According to Sanjay Bhaduri, CEO ternational tourism and Bt550 bil-During the first day of the event, of CKGS, “Thailand is a very popu- lion from domestic travel. This year, Thailand has to revise its strategythe visiting tourism facilitators had lar short-haul destination and we overall tourism revenue is expected concerning a regional single visameetings with over 110 Thai medi- believe that a large number of Indi- to be Bt1.34 trillion, up 10.74 per scheme, or it could lose millions ofcal and wellness providers to learn ans travel to the destination over the cent from last year’s Bt1.21 trillion. tourists to neighbouring countries,about the range of services available weekend and also for short duration which are kicking off the “CLMVin the Kingdom. and it was important to assist them The TCT’s projection for 2015 Single Visa” next year without the by providing faster turnaround on comes on the back of a bright out- Kingdom’s participation. Five coun-“The Thailand Medical Wellness the visa applications.” look for the industry at present, es- tries – Thailand, Laos, Vietnam,Tourism Trade FAM Trip is the first pecially taking into account the po- Cambodia and Myanmar – agreedtrade event to target medical tour- CKGS operates Thai visa applica- litical situation. in 2005 to relax immigration pro-ism organisations and health insur- tion and processing centres in... cedures to attract more non-Aseanance companies,” announced TAT Full story at http://goo.gl/p0VxF Greater certainty in the political visitors to the region. They createdGovernor Suraphon Svetasreni. scene will help boost the country’s the “Five Countries One Destina-“Thai medical providers are well... SEA as popular competitiveness and also improve tion” campaign and ACMEC SingleFull story at http://goo.gl/owSpG destination for Asian tourism fundamentals in the long Visa to attract tourists from outsideVietnam could steal leisure travellers run, starting from airport capacity, road and water transport through to the region, especially from Europe, North America and Australia. Tour-Russian tourists Southeast Asia has remained a pop- tourist security issues via the launch ists applying for a visa at any of theThailand risks losing the fast-grow- ular destination among Asian lei- of pro-tourism policies as part of a countries would automatically be...ing Russian tourist traffic to Viet- sure travellers, with Thailand being plan to connect the Asean region, Full story at http://goo.gl/lrS1G
  • 10. 10 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 www.bangkokbusinessbrief.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 width on the 2.1-gigahertz spec- trum. The reserve price for a 5-MHz ADDING A NEW DIMENSION TO block of the spectrum has been set at 4.5 billion baht, and the auction http://goo.gl/VwYn9 will be an ascending-bid type, with each participant allowed to buy upCountdown to to 15 MHz. If successful, the leading3G bids three mobile operators say they will be ready to launch commercial...A countdown has begun to the Full story at http://goo.gl/Cy7trthird-generation (3G) spectrumauction, a milestone for the industry TOT, local firmsand the country’s development, with launch 4G trialservice likely to begin in next year’s Two local mobile operators will allyfirst quarter. Yesterday’s countdown with TOT Plc to launch a fourth-event welcoming a new era in Thai generation (4G) wireless broadbandtelecom was held by the National trial by the end of the year, said the www.kudozonline.com/interactiveBroadcasting and Telecommunica- head of the state telecom enterprise.tions Commission (NBTC) at Im- The 4G trial will use long-term evo- two firms. Nokia pins its hopespact Muang Thong Thani. lution (LTE) technology running on on Windows Phone the 2300-megahertz frequency. Under the non-exclusive LTE agree-The countdown is aimed at stimu- ment, he said TOT can allow other Nokia will start commercial sales oflating public awareness of the ben- TOT chairman Panthep Chamras- operators to access its network for its Windows Phone in Thailand thisefits of 3G wireless service and de- romran said some 400 4G base sta- services. He said TOT will receive year in a bid by the Finnish firm toclaring NBTC’s readiness for the tions will be located in central Bang- both a network rental fee and a revive its past success in the crowd-auction. The NBTC has set Oct 16 kok and some major provinces. The management fee. The LTE network ed local smartphone market.as the auction date for 3G spectrum. two private firms are required to expansion is part of the state tele- instal last-mile equipment and rent com enterprise’s 3G second phase. The announcement came just aThe auction will offer nine 5-mega- TOT’s backbone network to provide He said the two operators will... month before Apple is scheduled tohertz slots out of 45 MHz of band- services. He declined to name the Full story at http://goo.gl/CK5ak reveal its much-awaited iPhone5. Security, Compliance or Audits getting too stressful? CLOUD COMPUTING SOLUTIONS Time to outsource all aspects of your security? New ready-to-serve IT services by Hitachi. We are experts in customizing systems to match your requirements. We guarantee high security and availability of system tools. Examples of our Services • Virtual server – request IT resources on-demand • Data Center services – Co-Location, Virtual Hosting (Exchange system, Webmail, Web hosting) • Design, implement, and suggest best network and IT infrastructure system solutions • Multi-Language Accounting Program on Cloud (Japanese, English, Thai) LBG is a Bangkok and Singapore based security • Multi-Language HR Program on Cloud consultancy company with a dynamic team of (Japanese, English, Thai) individuals with specialist skill sets and experience. • Chemical Substance Management Program on Cloud – just log in and use, With ever increasing security issues, many MNC’s are no server is required. now looking to outsource their security to comply with internal audits, gain accreditation and maintain FREE CONSULTATION! international standards. Call now at 02 632 9292, #2132 LBG is leading the way in offering simple affordable to ask about receiving a free gift. solutions to companies looking to outsource all areas www.caliver.hitachi.co.th/eng of their security. Hitachi Asia (Thailand) Co., Ltd. No.952 18th Fl., Ramaland Bldg., Rama IV Rd. Info: aaron@leboutilliergroup.com Bangrak, Bangkok 10500, Thailand www.leboutilliergroup.com
  • 11. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 Briefs 11 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 ...“We plan to become the leader in late last month. The mobile-phone 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 Preventingthe smartphone market in Thailand service provider must pay the fine Asian countries opportunities that olr of list of wor top Bangkok fromin the near future, helped by our out, suggests an should not miss Panel: Asia bett within 15 days, NBTC secretary- weakest pens ’s ld economist. off, not immun erEffective and ethical solutions for your commercial investigation, sinking biggesnew flagship Windows Phone,” said general Takorn Tantasit said yester- e, systems: studion computer forensics and intellectual property representation challenge t The robust eco no from global cr y China and em mic growth of ises Greece, India, Ch Land subsidenceGrant McBeath, managing director day. DTAC chief executive officer will open a ne w erging economi es KUALA LUMPUR : The As requirements. 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-of Nokia Thailand and emerging Jon Eddy Abdullah said his com- wealth from tra es to increase the ir 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 theAsia. But he acknowledged achiev- pany, the second-largest cellular services at a tim d a blessing in young retire States and Europ when the United nearly 15 years later, as the guise  h ratios of pension ment ages, aInvestigations ing, says e dis te chan hig Intellectual Property study by ge on flood Representations multinational ageing that goal will be an uphill task. operator, was willing to pay the fine. 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- ncies. tain a certain degree  Pre-employment Screening sion is contained showed. The conclu He admitted that the incident had Grow with th of shocks from e flow Western Hemi the fallout in the The Allia a report entitl ed “Climate Ris inNokia plans to unveil its Lumia 920 of cycles caused a negative perception of the to a panellist sphere, accord an  stainability Invest Lie n- Med Ad s”, joi nz Global ing sion SuPolygraphs /ors PeDetectoraptation in Asian Coastal Tests ks ‘There is a tid at a recent As Index, wh gacitie ntly conducte conference. ean tracks theand Lumia 820 in the Thai market in company but added that it would men, which, tak e in the affair s of relative sustai ich Asian Development Bank d by the nabil  Surveillance systemcounter onal Cooperationthe Japan , l pension and - Internati surveillance ity of nationa leads on to for en at the flood, “There withe fourth quarter. The phone runs launch several campaigns and activ- tune”, wrote Wi l- future, an ll be more crises d the Asian in 44 cou in the showe ntries around the world, s and the World Bank in 2010. Agency crisis in tirees d the number of Greek re-  to peop Diligence Dueon the next version of Microsoft’s ities to boost customer satisfaction le of working age The report recom re- Full story mended a...mobile operating system, Windows and encourage them to stick with its  Company Background Checksp://goo.gl/20yMD at httPhone 8. network.Mr McBeath said Nokia expects to The fine of Bt10 million is based on We also offer Computer Forensic services, including:gain a bigger slice of the smartphone a joint calculation of the damages  Electronic Data Acquisitions and Analysismarket and could inch up its market caused by the breakdown. DTACshare from a single digit to exceed said the network was down for 65  Mobile Phone Examinationsa 10% share by next March. Nokia minutes and the damage to affected  Forensic Awareness Trainingranks third in the local smartphone customers was Bt6 million, but the  Data Recoverymarket, behind Apple and Samsung. NBTC found that the downtime wasThe fourth quarter will see the 105 minutes and the damage Bt14toughest competition in the high- million. The NBTC added the twoend smartphone market thanks to... amounts together and divided them Orion Investigations Co., LtdFull story at http://goo.gl/Kwz7h by two, resulting in the fine amount, Phone : +66-2-714-3801 to 3 Fax: +66-2-714-3804 Takorn said. From now on, fines forLoxley gets Google cellular-network failures will... E-Mail: info@orioninv.co.th Website www.orioninv.co.th or www.orionforensics.comApps contract Full story at http://goo.gl/Y2HRBLoxley Plc has been appointed the True, CAT executives “Vietnam will be the first country in coming overloaded, while emailingsole partner for Google to custom- could face year in jail the region to increase our business and web-surfing on phones is soise the search engine giant’s applica- Executives of True Corporation and footprint,” said Chukkrit Watcha- rare it’s almost a bourgeois concept.tions and services to suit the needs CAT Telecom could face one year in rasaksilp, AMD’s country manager Even getting hooked up to the net-of companies in Southeast Asia. The jail and/or a fine of up to 10 million for Thailand and Indochina, adding work is cumbersome. Visitors musttrading and technology firm targets baht for providing third-generation that Myanmar is next ion the sights. rent SIM cards at the airport on ar-at least 20 corporate customers us- (3G) service without a licence. An rival while many Burmese can onlying Google’s three main products: investigation panel of the National Underdog processor maker AMD afford one-time SIMs with a num-Google Geo (map and data service), Broadcasting and Telecommunica- is shaking up the Thai market by ber that expires after a few daysGoogle Search and Google Apps, tions Commission (NBTC) has re- introducing its second-generation when its $20 of credit runs out.said Vasant Chatikavanij, senior ex- solved to file a criminal complaint Trinity chip to catch market leaderecutive vice-president of Loxley. against BFKT and CAT Telecom for Intel. Trinity is said to provide 70% But as Myanmar races ahead with illegally offering 3G wireless broad- better graphics performance, quad- economic reforms, the telecomsUnder the partnership, Loxley will band service. core APU performance and support sector, riven with graft and misman-provide advice, design and install for the latest Windows technologies. agement and lagging behind eventhe products, and train and offer The resolution will be submitted to Mr Chukkrit said AMD will push... Asia’s poorest countries, is on the...maintenance service. Mr Vasant the NBTC’s telecom committee for Full story at http://goo.gl/4h7Va Full story at http://goo.gl/JSCWnsaid the corporate versions have a final decision before being passedmore features than the free apps and to the board for approval, a senior Disconnected Cyber forensicsservices Google offers to the public. panel member told the Bangkok for decades, to the fore Post. The 74-page investigation re- Myanmar poised The increasing complexity of elec-Prospective customers will be large port said BFKT, a unit of True’s sub- tronic transactions is thrustingorganisations with at least 1,000 us- sidiary Real Future, is in violation of for telecoms boom computer forensics into the spot-ers such as banks, insurance firms, Section 67 of the Telecommunica- Blackberrys and iPhones aren’t light now that enterprises face great-state enterprises, web portals, online tions Business Act of 2001 by offer- much use in Myanmar, where its er exposure to cybercrime rings.businesses and the armed forces. Mr ing service without a proper licence. only network is frequently jammed, The goal of computer forensics is toVasant said it was too early to... Meanwhile, CAT Telecom will be... data services are scarce, prices ex- examine digital media in a forensi-Full story at http://goo.gl/BfmxD Full story at http://goo.gl/l7Ykx tortionate, lines crackly and most cally sound manner with the aim of phones don’t roam. For decades, its identifying, preserving, recovering,DTAC fined Bt10m AMD hopes to shake telecoms industry has been a sham- analysing and presenting facts andfor network failure up processor market bles. It’s no surprise this country of opinions about the information.The National Broadcasting and Advanced Micro Devices (AMD), 60 million people has the world’s Orion Investigations, a local privateTelecommunications Commission the world’s No.2 maker of proces- second-lowest cellphone penetra- investigation firm, said the numberhas slapped Total Access Commu- sors for personal computers, is using tion after North Korea; SIM cards of computer forensic investigationsnications (DTAC) with a fine of Thailand as a springboard to enter are made prohibitively pricey to has doubled in the past nine...Bt10 million over its network failure the emerging Indochinese region. prevent its tiny network from be- Full story at http://goo.gl/PEkVL
  • 12. 12 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 www.bangkokbusinessbrief.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 dergoing an environmental impact ping mall market in Jakarta will in- trusts (REITs) next year to add more assessment, and the company hopes crease, creating downward pressure choice to the Thai capital markets to receive the necessary permit by on occupancy this year. However, it and meet international standards. December, after which the project is expected to grow to almost 90% The REITs will be more flexible for http://goo.gl/hPK52 will be open for presales. The con- by 2014. In the first half of this year, investors and fund managers but dominium, scheduled for comple- occupancy reached 87.9%,” she said. their taxes are still unclear.Bt6.5-billion mixed- tion in 2015, has received Bt680... Jakarta shopping malls now occupyused project to rise Full story at http://goo.gl/yksK1 2.33 million square metres, with Two large property funds have a future supply of 500,000 sq m by made major moves this week. Thein Pattaya Middle class 2015. Average gross rent was $53.90 CPN Commercial Growth Lease-Kingdom Property will commence drives retail, per sq m per month, while service hold Property Fund (CPNCG) wasdevelopment of a mixed-use project condo markets fees were $8.10 per sq m per month. launched. It invests in subleases andworth Bt6.5 billion in Pattaya next leasehold rights of The Office@Cen-year. The project forms part of the The retail property sector and de- The growth of the Indonesian mid- tral World. The Tesco Lotus Retailcompany’s business expansion after mand for condominiums are grow- dle class has also boosted the mid- Growth Freehold and Leaseholdlaunching its first condominium, ing strongly in Indonesia, the Phil- dle-grade condominium market, Property Fund (TLGF), one of thethe Bt2-billion Southpoint Pattaya, ippines and Vietnam, driven by a which achieved its highest yet sale most active property funds invest-in the final quarter of this year, said rising middle class, according to rates of 70%. Ms Suphin said the ing in 17 hypermarket-anchoredchief executive officer Nigel Cor- international property consultants. growing middle class in Indonesia... shopping malls of Tesco Lotus, hasnick, the former CEO of listed prop- Suphin Mechuchep, the manag- Full story at http://goo.gl/nUHW0 raised 7.55 billion baht by issuingerty firm Raimon Land. ing director of Jones Lang LaSalle 650 million new investment units (Thailand) Co Ltd, said the middle REITs lack charm for existing unitholders. The fundsCornick and a friend took over class in Indonesia in particular is due to unclear taxes will be used to buy five more TescoKingdom Property in 2000, but growing, with 20 million house- Developers have raised more mon- Lotus hypermarkets.the company was inactive until he holds now earning over US$5,000 ey through property funds this yearresigned from Raimon Land two (154,000 baht) per month. even though a more flexible type of Win Udomrachtavanich, the chiefyears ago. Kingdom Property has funds will be allowed next year. The executive of One Asset Manage-Bt240 million of registered capital. This number will continue rising by Securities and Exchange Commis- ment, said few developers opt to 10% a year for the next few years, sion has announced it will allow the wait for REITS due to unclear...Southpoint Pattaya is currently un- said Ms Suphin. “Supply in the shop- setting up of real estate investment Full story at http://goo.gl/yrX1J
  • 13. 2 BANGKOK BU SINESS BRIEF December 20 11BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 Briefs13 To read the fu enter the shor the story into ll article of a t code at the story brief, end ...added that the set aside a signi company had General Inte your browser: of budget of Bt20 ficant investment goo.gl/bH6P rest liam Shakespe are 0 million for over million to Bt300 seas Full story at http: expansion. F Sponsored by Nature and life in JuliusCaesar. 1997-98 //goo.gl/bH6PFUse the QR Code reader in your ... seasons of the yea are cyclical _ wa the impact of s a blessing, as the mains 2008 would ha above the Europ the phases of the r, life and death, far worse ve been ean average.smartphone to see all the stories http://goo.gl/o zbNM Caught up in da moon, the tides. for the region, ily details, we eas Mokhtar, the managing ” Azman In India, China Asia stands to ily forget that - of Khazanah director rough and Thailand,in a certain category. gain from W has cycles, too. the business wo We are all fam rld told the CI Nasional of Malaysia, tion MB Asean Confe ly 12 percent of contribute to a the popula- slowdown est with the econo mic business cyc r ilia rence. the we aknesses of pension, while of expansion, con le His comme sion system are Thailand’s pen- future of the real-estate market. Lin- covery. Howe traction and re- Full story nts were... ...Saraburi, Prachin The shift of eco no mentum to the mic growth mo- phenomena affect... gering concerns over flood-water up numerous East has opened Full story at http://goo.gl/fJ ver, other cyc lical at http://goo.gl/d Thailand near fu2u Full story at htt Preventing p://goo.gl/rtpH 3 topBuri industrial land management and robust expansion Asian countries opportunities that out, suggests an should not miss Panel: Asia bett olr of list of wor weakest pens ’s ld Bangkok from sinking bigges of public transport systems continue economist. off, not immun erattractive in wake The robust eco to drive interest in condo projects in no China and em mic growth of from global cr e, ises systems: studion Greece, India, Ch y challenge tof floods ina and Thailan Land subsidence erging economi caused by groun es KUALA LUMPUR : The As are home to the d water losses Bangkok along the mass-transit will open a ne w Asian economi opportunity for sis in the late 1990s was a es to increase the ian cri- pensi wake-up cripp weake tops on systems in st national lems that must the list of prob- be solved in Ba d call for the reg the world, ko lines, while Pattaya’s attractive re- wealth from tra ir de in goods an out to be ion that has tur led by k to ned eign debt, a mix of acute sover- clima mitigate the impact of the ng-More than 110,000 rai (17,600 hect- services at a tim e d a blessing in dis young retire te change on turns generate an extra push for States and Europ when the United nearly 15 years later, as the guise high ratios of pension ment ages, a study by multin flooding, saysares) of land in industrial estates was 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 . both property supply and demand. tain a certain showed. The conclusiodeveloped in the first quarter, up 1.6 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 inper cent over the same quarter last of cycles to a panellist sphere, accord nz and Ad ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal ks Developers are now more focused ‘There is a tid conference. at a recent As ina ean tracks the bility Index, which Asian ities”, jointly conducted by theyear, according to Knight Frank men, which, tak e in the affair s of relative sustai nabil- Internati Development Ba nk, on mid-tier projects in the city vi- leads on to for en at the flood, “There wi ity of nationa l pension sys onal Cooperatio the JapanChartered (Thailand). About 74 per tune”, wrote Wi ll be more crises in 44 cou in the showe ntries around the world, tems and the World Bank in n Agency cinity or away from the beach over... l- future, an d the Asian crisis in tirees d the number of Greek re- 2010.cent of the factories damaged by last to people of wo The report recom Full story at http://goo.gl/8IH7J rking age re- Full story at htt mended a...year’s massive flood have assumed p://goo.gl/20yMDnormal operations, while 30 per Serviced apartmentcent are still rehabilitating. About market faces www.juslaws.com62 per cent of the flood-hit factories gloomy prospectsdecided to relocate to industrial es-tates in drier areas such as in Sara- The serviced apartment market isburi, Prachin Buri and Rayong. facing stiff competition from rental Looking at purchasing property in Thailand condominiums just as hoteliers ask but don’t know where to start?Demand for industrial land has the Interior Ministry to crack downshifted from flood areas to the East- on their offers of daily and short- • Acquisition Methods • Contract Reviewern Seaboard and new locations in- term stays. The Thailand Hotels • Title search on the property • Assistance with Transfercluding Saraburi and Prachin Buri. Association is continuing to pres- • Due Diligence • Banking AssistanceThe Eastern Seaboard’s popularity is sure the Interior Ministry on issu-going from strength to strength, but ing controls for serviced apartments free consultationlocales such as Saraburi and Prachin without a hotel licence, which are Bangkok Office: 1104/157 Noble Cube, Pattanakarn Road Tel: (66) 02.187.2640 - 1 • Email: Bangkok@juslaws.comBuri could represent the greatest not permitted to serve daily or Phuket Office: The Royal Place, 96/14 Chalermprakiet Ror.9 Rd competition to estates in the flood short-term clients. Tel: (66) 076.304.353 – 5 • Email: Phuket@juslaws.comzones, as they were unaffected bythe deluge and offer land values at Property consultant Colliers Inter- Pure Luxurycomparable rates. As well, the com- national Thailand said this will havepetition for labour is less intense a significant impact on the serviced A comfortable and stress-free lifestyle in a seafront paradisethan on the Eastern Seaboard... apartment market, even as serviced Luxury at every turn awaits residents at the resort-style Pure Najomtien now beingFull story at http://goo.gl/iUfnj apartments continue to be built for constructed at a prime, beachfront location. launches up to 2014. Colliers’ quar-Condo projects terly report on the Bangkok serviced The Pure Najomtien lifestyle experience is like no other, thanks to the meticulousboom in apartment market showed the num- master- planning that has gone into ensuring the maximum levels of comfort, secu- rity and well-being of all its residents. The Swiss designed, low-rise, low-density de-Bangkok suburbs ber of new developments being built velopment is being constructed to the highest European standards with premium has fallen every year since 2009 and quality Euro Design furniture in all apartments.Condominium projects are mush- will continue to decline. At the... Double-cavity brick walls, canopied concrete ceilings that channel natural air-rooming in the suburbs, supplying Full story at http://goo.gl/cNdd7 flows through apartments and earth-covered and internally-insulated roofs are all64.5 per cent more units than incentral Bangkok over the past 12 Rich Thais keen designed to optimise comfort levels for occupants by dampening intrusive noise, maximising privacy and reducing internal temperatures.months. “With mass-transit lines on Londonextending further away from the A stronger baht and growing de- Eco-friendly solar and wind-powered generators reduce reliance on externally sup- plied electricity while Pure Najomtien’s own water treatment and desalinisationheart of Bangkok, a large number of mand from well-heeled Thai parents plant recycles used water to keep the lush gardens green.new developments are popping up seeking a house for kids studying inin new hot spots along their paths,” Britain have led at least four brand- Set in a tropical park, Pure Najomtien is a haven of tranquility with vehicles parkedSimon Derville, deputy vice presi- new London property projects to unobtrusively underground, leaving the valuable real estate above free for the lei-dent for business development at pursue wealthy Thais. Aliwassa sure and pleasure of its residents. There are tennis courts, swimming pools, a well- equipped gymnasium, jogging track with outside excise stations, spa and golf prac-Raimon Land, said yesterday. Pathnadabutr, managing director tice areas with bunkers, putting greens and simulators for players to hone their skills. of property consultant CB Richard“Over the past 12 months, we have Ellis (Thailand), said the weaker On-site shops, restaurant, cocktail bar, Beach Club with media library, kids’club andseen the completion of 6,135 new pound sterling, down 20-25% the optional in-house services for home cleaning, laundry and transport take the worrycondominium units in the new de- past four years, has boosted demand out of daily chores leaving residents free to enjoy their seafront paradise or simply relax on Pure Najomtien’s 120-metre private beach.velopment areas compared to just for London property among the3,730 in the prime city centre. This Thai rich. This year has seen three Pure Najomtien is accessible to all with no unnecessary obstacles to challenge thetrend looks set to continue in the London projects introduced to Thai disabled and has wide lift access to every floor of every building. Wheelchair-friend-foreseeable future, with 30,100 out buyers at exclusive exhibitions. One, ly ramps eliminate the need to negotiate challenging steps and the traffic-free envi-of 44,168 units due to be completed in February, was for Bezier and E ronment means children can play outdoors safely.in the new areas,” he said. City in London Zone 1 with unit The fully-funded, eco-friendly Pure Najomtien development is now being construct- prices starting at 750,000 (37.50 mil- ed on 33 rai of prime beachfront property at the end of Sukhumvit Road, Soi 48, inDespite the flood-inflicted difficul- lion baht). Another held last week one of the most sought-after locations on the Eastern Seaboard. Its residences canties of late last year, home-buyers was for The Tower, a 50-storey... be customised to meet the owner’s personal needs, including changing layouts andremain strongly confident in the Full story at http://goo.gl/1Dh7X combining units to create very large ones. Prices start from as little as Bt2.7 million. www.pureNajomtien.com
  • 14. 2 BANGKOK BU SINESS BRIEF December 20 1114 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 Briefs www.bangkokbusinessbrief.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/mbUpGAMCHAM Lao Chapter LaunchedLeaders of Vientiane’s business community gathered at the home of U.S.Ambassador Karen Stewart Sep. 19 for a gala reception celebrating the of-ficial launch of the Lao Chapter of the American Chamber of Commercein Thailand.More than 75 people attended the reception, representing over 50 U.S. andLao businesses. Currently, there are 40 U.S. businesses operating in Laos.Licensed U.S. investment in Laos is $77 million dollars, while bilateral tradebetween Laos and the U.S. is valued at $85 million dollarsIn her remarks, Ambassador Stewart explained how AMCHAM wouldbenefit both Lao and U.S. businesses, and strengthen economic ties be-tween the two nations. “AMCHAM can be a strong partner to the Lao Na-tional Chamber of Commerce and Industry and the Lao government asthis country continues to develop its business environment and works tointegrate its economy regionally and globally,” she said.AMCHAM expects to host activities each month for members, alternatingbetween social networking events and business-oriented presentations. Formore information on how to join AMCHAM, please see the following link:http://goo.gl/c9TTSThe Lao Chapter founding members are: Ford Thailand Manufacturing site visitACLEDA Bank LAO Ltd.; The Asia Foundation; Coca-Cola (Thailand) On September 21, AMCHAM, AustCham and BCCT members touredLimited; DFDL Mekong (Thailand) Ltd.; Emerging Markets Consulting; Ford Motor Company’s recently opened Ford Thailand ManufacturingFair Easy Co., Ltd.; General Electric International Operations Company – a new U.S.$450 million (THB14 billion), state-of-the-art passengerInc.; KPMG Phoomchai Group; Nathan Associates Inc.; RMA Laos; Sa- vehicle manufacturing plant in Rayong, Thailand.num Investments Limited; Strathmore Minerals Corp.; Village Focus Inter-national; Robert Allen; Joel Babcock; Mike Carroll; Stephen Feldchneider; The all-new Ford Focus will be manufactured at the new 200,000sqmZakkir Malimar; Frank Manley and Thongkhoun Pathana. plant in the Eastern Seaboard Industrial Estate. This highly flexible plant, capable of building a diverse range of vehicles, will serve as the foundation for Ford’s plan to introduce eight all-new global One Ford vehicles to the ASEAN region by mid-decade. Ford Thailand Manufacturing is Ford’s second plant in Thailand, and one of eight new Ford manufacturing facilities across the Asia Pacific and Africa region the company will open by 2015 as part of its aggres- sive global expansion. AMCHAM’s Santa Fe Chari-bowl AMCHAM’s Sports Committee and Santa Fe Relocation Services orga- nized another successful Chaibowl tournament at Blu O. Sixteen teams and 80 bowlers competed for loads of prizes and awards and helped raise funds for the AMCHAM Charitable Foundation. AMCHAM thanks Santa Fe for their support.
  • 15. 2 BANGKOK BU SINESS BRIEF December 20 11www.bangkokbusinessbrief.com Mid-October/Mid-November 2012 BANGKOK BUSINESS BRIEF Briefs 15 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 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 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/N47Gg AustCham Events for Your Calendar2012 Australia-Thailand Business Conference:Australia Thailand in an integrated Asia12 – 13 November 2012St. Regis Bangkok Recent Highlight Events BlueScope AFL Grand Final Event 2012 – Saturday 29 September at the Imperial Queen’s Park Hotel – The largest event of its kind outside of Australia, AustCham’s annual AFL Grand Final extravaganza was sponsored by BlueScope Steel and supported by Asian Tigers, Berlitz, The Coffee Club, Lady Pie, QBE Insurance and Raja’s Fashions. With close to 550 guests, the day was an overwhelming success. Our charity raffle saw 102,000 Baht raised for AustCham’s Community Services program.
  • 16. 2 BANGKOK BU SINESS BRIEF December 20 1116 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 Briefs www.bangkokbusinessbrief.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 BCCT’s website. gain from W has cycles, too. the b We slowdown est with the econo mi of expansion, con c British Chamber of Commerce Thailand 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 (BCCT) 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 7th Floor, 208 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 Lumphini, Pathumwan, Grow with th p://goo.gl/S65D6 able to sus tain of shocks from a certa e flow Western Hemi the fallo of cycles Bangkok 10330 ‘There is a tid to a panellist conference. sphere, at a rece e in the affair men, which, tak s of Tel: +66 (0)2 651 5350-3 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)2 651 5354 Website: www.bccthai.com Email: Greg@bccthai.com http://goo.gl/Vav3QPloenchit Fair 2012The British Community’s annual fund-raising blockbuster event forThai charities takes place at Bangkok Patana School on Saturday 24thNovember 2012. Ploenchit Fair, managed by the British Communityin Thailand Foundation for the Needy (BCTFN), has long been a tra-ditional day of fun for all the family and is well-established as a majorevent in the Bangkok social calendar. It is a family fun day, based on anEnglish Fairground. This year will mark 55 years of assistance given toThai charities. The first Fair was held in the British Embassy in 1957. Itis arguably the biggest event on the social calendar when most Britishand local companies join with BCTFN to create a unique atmospherefor all, whilst raising funds to help the less fortunate. is to promote self-sufficiency and to improve the lives of the needy. The Committee never allocates cash but rather oversees projects personally and monitors progress on a monthly basis. Projects include agricultural schemes, sanitation and irrigation, educa- tional materials and equipment, medical equipment and training, fish and silk worms raising, assistance with HIV and Aids awareness pro- grammes, rice banks and village weaving. To help or to donate prizes for the Fair, please contact: Carolyn Tarrant, MBEAll-time favourites return to Ploenchit Fair this year including the President, BCTFNHSBC Ferris Wheel, Carousel, Transpo’s giant Wave Slide, Shooting Email: bctfn@loxinfo.co.thGallery, Bungy Jump and the Water Roller Ball. The British Chamber Telephone: 02 204 1587will be manning our stall, the Grand Raffle, which this year will have 80 Fax: 02 204 1589top prizes to be won including tickets to London!! The ‘Petticoat Lane’bazaar features some 60 shopping and services outlets as well as some Or Pauline Spiers at 085 946 6625 or Gale Bailey at 081 828 5213.of our charity stalls. Tesco is selling items from its ‘finest’ range andBoots is selling toiletries and cosmetics. There is always plenty to eat Please support the BCCT Raffleand drink at Ploenchit Fair and this year is no exception. Staff from the BCCT office, with support from our members and friends in our extended community, manage the raffle stall at Ploenchit Fair.Ploenchit Fair would not be possible without the assistance of some We are grateful for the prizes donated each year for the grand raffle2,000 volunteers who work not only on the day but, in many cases, for to the value of hundreds of thousands Baht - and there is still time tosome months in advance to ensure that it remains a successful fund- donate for this year’s Ploenchit Fair. Please contact the BCCT Deputyraising event. Vital, too, is the generous support and assistance pro- Director at sarinthorn@bccthai.comvided by more than 200 sponsors, from multi-national corporations toindividual donors. You may purchase tickets prior to and during the fair. Last year’s raffle raised more than 800,000 Baht. BCCT has been involved in PloenchitOutstanding work over many years Fair for many years and it continues to feature as a highlight in theBCTFN has raised over 60 million Baht at the Ploenchit Fair since 2000. Chamber’s calendar.This has enabled the Committee to support a vast range of diverse char-ity projects in all regions of Thailand. The fundamental aim of BCTFN More details: www.ploenchitfair.org
  • 17. 2 BANGKOK BU SINESS BRIEF December 20 1118 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 Briefs www.bangkokbusinessbrief.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 c covery. Howe traBelgian-Luxembourg/ Japanese CC (JCC) Thai-Canadian CC (TCCC) The shift of eco Thai-Norwegian CC (TNCC) no mentum to the mic growth mo- phenomena affect... ver, o 3601 36th Floor, Q Houses up numerous East has opened Full story at http://goThai CC (BeLuThai) Lumpini Bldg., 139 Pan Road, 888/142 Ploenchit Rd, 14th Fl., Asian countries opportunities that15 Soi Tonson, Sethiwan Tower, 9th Floor, out, suggests an should not miss Panel: Asia b Mahatun Plaza, South Sathorn Rd., Silom, Bangrak, Lumpini, Pathumwan, economist. off, not immuPloenchit Road Tungmahamek, Sathorn The robust eco nomic growth from global cLumpini, Pathumwan Bangkok 10500 Bangkok 10330 China and em erging economi of es KUALA LUMPUR : Th Bangkok 10120 Tel: +66 (0)2 266 6085/6 will open a ne Tel: +66 (0)2 650 8444 wBangkok 10330 Tel: +66 (0)2 677 7393 Asian economi opportunity for sis in the late 1990s wa es wealth from tra to increase their call for the region thatTel: +66 (0)2 309 5250 Fax: +66 (0)2 266 6087 Fax: +66 (0)2 627 3042 de in goods an out to be Fax: +66 (0)2 677 7394 Website: www.tccc.or.th services at a tim Website: www.norcham.com e d a blessing i States and Europ when the United nearly 15 years later, as tWebsite: www.beluthai.org Website: www.mtcc.or.th Full story at htt e are... financial sector is nowEmail: info@beluthai.org Email: tccc@loxinfo.co.th Email: contact@norcham.com p://goo.gl/S65D6 able to sus tain of shocks from a certa Email: admin@mtcc.or.th Grow with th e flow Western Hemi the fallo of cycles to a panellist sphere,Danish-Thai CC (Dancham) Korean-Thai CC (KTCC) Thai-Pakistan CC (TPCC) ‘There is a tid conference. at a rece Thai-Chinese CC (Thai-CC) men, which, tak e in the affair s of34 C.P. Tower 3, 9th Floor 6th Fl. Rajapark Bldg, Thai Samut Asset Co., Ltd., leads on to for en at the flood, “There wi Thai C. C. Tower 9th Fl., tune”, wrote Wi ll be more crisTower A, Phayathai Road, 163 Asoke Sukhumvit 21 Rd, Unit J, 16th Floor, l- future, an d the Asian 889 South Sathorn Rd.,Ratchathewi, Klong Toey Nua, Wattana 163 Suriwongse Road, SathornBangkok 10400 Bangkok 10110 Bangrak, Bangkok 10120Tel: +66 (0)2 354 5220 Tel: +66 (0)2 204 2503 Bangkok 10500 Tel: +66 (0)2 675 8577-84Fax: +66 (0)2 354 5221 Fax: +66 (0)2 204 2504 Tel: +66 (0)2 634 0147-8 Fax: +66 (0)2 212 3916-7Website: www.dancham.or.th Website: www.korchamthai.com Fax: +66 (0)2 634 0149 Website: www.thaicc.orgEmail: contact@dancham.or.th Email: ktcc@korchamthai.com Website: http://goo.gl/Z1VOd Email: info@thaicc.org Contact: http://goo.gl/OKPmC Thai-Finnish CC (TFCC) Thai-Russian CC (TRCC)Franco-Thai CC (FTCC) C/O Netpoint SEA Ltd.5th Floor, Indosuez House, Netherlands-Thai CC (NTCC) 14th Floor Loxley Bldg, 2nd Floor Wandee Siam Bldg, 102 Na Ranong Road,152 Wireless Road, 15 Soi Tonson, Ploenchit Road 58/84 Muangthong Thani,Lumpini, Pathumwan, Lumpini, Pathumwan, Klong Toey, Chaengwattana, Klongklua, Bangkok 10110Bangkok 10330 Bangkok 10330 Nonthaburi 11120Tel: +66 (0)2 650 9613-4 Tel: +66 (0)2 309 5250 Tel: +66 (0)2 348 8873 Tel: +66 (0)2 574 2879-80 Fax: +66 (0)2 240 3307Fax: +66 (0)2 650 9739 Website: www.ntccthailand.org Fax: +66 (0)2 574 2877Website: www.francothaicc.com Email: info@ntccthailand.org Website: www.trcc.or.th Website: www.thaifin.or.th Email: admin@trcc.or.thEmail: contact@francothaicc.com Email: tfcc@thaifin.or.th Thai-Hong Kong Thai-Swedish CC (TSCC)German-Thai CC (GTCC) New Zealand Thai CC (NZTCC) Trade Association (THTA) 34 C.P Tower 3,25th Fl., Empire Tower 3, 9th Floor, ITF Tower, Empire Tower, 25th Floor, 9th Floor Tower A,195 South Sathorn Road, 140/26 Silom Road, 195 South Sathorn Road, Phyathai Rd,Yannawa, Sathorn, Bangrak, Yannawa, RatchathewiBangkok 10120 Bangkok 10500 Bangkok 10120 Bangkok 10400Tel: +66 (0)2 670 0600 Tel: +66 (0)2 634 3283 Tel: +66 (0)2 343 9000 Tel: +66 (0)2 354 5229-31Fax: +66 (0)2 670 0601 Fax: +66 (0)2 634 3004 Fax: +66 (0)2 343 9029 Fax: +66 (0)2 354 5232Website: www.gtcc.org Website: www.nztcc.org Website: www.thta.or.th Website: www.swecham.comEmail: services@gtcc.org Email: director@nztcc.org Email: thai-hongkong@thta.or.th Email: contact@swecham.com Singapore-Thai CC (STCC) Thai-Taiwan Thai-Israel CC (TICC)India-Thai CC (ITCC) 193/8 Lake Rajada Business Association (TTBA) 14th Fl., Manorom Building,No. 13, Sathorn Soi 1, Office Complex, 1st Floor No. 30/207 Sukhumvit Soi 39, 3354/45 Rama 4 Rd.,Thungmahamek, Sathorn, Rachadapisek Road, Sukhumvit Rd., Klongton, Klongtoey,Bangkok 10120 Klongtoey, Klongtoey, Kiongtannua, Bangkok 10110Tel: +66 (0)2 287 3001 Bangkok 10110 Bangkok 10110 Tel: +66 (0)2 672 7020Fax: +66 (0)2 679 7720 Tel: +66 (0)2 264 0680-4 Tel: +66 (0)2 662 7335-6, 662 7385 Fax: +66 (0)2 672 7021Website: www.itcc.or.th Fax: +66 (0)2 264 0688 Fax: +66 (0)2 662 7382 Website: www.thaisraelcc.comEmail: info@itcc.or.th Website: http://goo.gl/WrTpX Website: www.ttba.or.th Email: ticc@thaisraelcc.com Contact: http://goo.gl/L727M Email: ttba@ttba.or.th South African-Thai CC Joint Foreign CC of ThailandIrish Thai CC (ITCC) Thai-Italian CC (TICC) (JFCCT)Maneeya Center Bldg, 7th Fl, (SATCC) 1126/2 Vanit II Bldg, 16th Fl, 10/143 (1503A), 15th Fl, 38th Floor, State Tower518/5 Ploenchit Road, 1601B New Petchburi Rd., 1055/914 Silom Rd,Lumpini, Pathumwan, Trendy Bldg, Soi Sukhumvit 13, Makkasan, Rajdhevee, Klongtoey-Nua, Wattana Silom, Bangrak,Bangkok 10330 Bangkok 10400 Bangkok 10500Tel: +66 (0)2 652 0848 Bangkok 10110 Tel: +66 (0)2 255 8695 Tel: +66 (0)2 168 7416-7 Tel: +66 (0)2 630 6307Fax: +66 (0)2 652 0671 Fax: +66 (0)2 253 9896 Fax: +66 (0)2 630 6303Website: www.irishthaicc.com Fax: +66 (0)2 168 7418 Website: www.thaitch.org Website: www.satcc.net Website: www.jfcct.orgEmail: info@irishthaicc.com Email: info@thaitch.org Email: secretary@jfcct.org Email: satcc@satcc.netJapanese CC (JCC) Swiss Thai CC (STCC) Bangkok Business Brief is offering a new service15th floor Amarin Tower, Bangkok Business Centre to promote your business in a unique way – video interviews on our500 Ploenchit Road, Building, 18th Floor, Unit 1802 website’s homepage for a month. Advertorial videos not welcome here!Kwang Lumpini, Khet Patumwan #29, Sukhumvit 63 Road, Your company will provide actual, relevant content that will be of interestBangkok 10330 Bangkok 10110 to our viewers and show that your company is knowledgable in its field, soTel: +66 (0)2 256 9170-3 Tel: +66 (0)2 714-4177 that they will seek you out in a professional capacity. We can recommend aFax: +66 (0)2 652 0931 Fax: +66 (0)2 714-4179 one-stop production service that can work with you to create your video.Website: www.jcc.or.th Website: www.swissthai.comEmail: info@jcc.or.th Email: info@swissthai.com Contact Andy Hyde at andy@bangkokbusinessbrief.com for more details and rates.
  • 18. Bangkok Business Brief Magazine ––Publication Information Bangkok Business Brief Magazine Publication Information Bangkok Business Brief Magazine – Publication InformationMagazine – Thailand business news Chamber of Commerceinformation Magazine – Thailand business news Chamber of Commerce information Magazine – Thailand business news Chamber of่วCommerce information บล็อกถัดไป» ใช้ร มกัน รายงานการละเมิด สร้างบล Circulation – 10,000 copiesCirculation – 10,000 copies Circulation – 10,000 copiesDistribution Areas – Bangkok the Eastern Seaboard Distribution Areas – Bangkok the Eastern Seaboard Distribution Areas – Bangkok the Eastern Seaboard ONLINE CHART GENERATOR THE BEST ONLINE CHART AND GRAPH GENERATOR TOOL, GENERATE AMAZING 3D GRAPHS INSTANTLY IN FEW SECONDS. GRAPH GENERATOR Graph Labels: Chambers of Commerce members,Bangkoks leading hotels,Amata Industrial Estate executives,Food by Phone deliveries,Other Overview Graph Values: 35,28,20,15,2Overview Overview Chart Type: 3D pie chart The Bangkok Business Brief is a monthly business news magazine and daily website with domestic and regional business news articles aggregated from aThe Bangkok Business Brief isisaamonthly business news magazine and dailythough shoulddomestic and regional business news articles aggregated from a a The Bangkok Business BriefShort synopses of articles are displayed online, website with domestic and regional businessversions of theaggregated from variety of news agencies. monthly business news magazine with the reader wish to view the full news articles news stories, 1000 short news agencies.Width:synopses of articles are displayedvariety ofof news included for easy navigationarticlesoriginal sources’ story pages. Each month,reader wish to view are decided fromof the news stories, varietyURLs are agencies.Short synopses of to the are displayed online, though should the reader wish stories the full versions thethe news stories, Short should the the printed to view the full versions of most popular onlineshort URLs are included for easy navigation to the original sources’ story pages. againmonth, the with short URLsare decided from takemost popular online stories, as are included analytics for Bangkok Business Brief’s website, and are Each month, theprinted stories and decided from the readers to the online short URLs measured by for easy navigation to the original sources’ Height: 200 presented printed stories are QR codes to the most popularstories, as articles in their analyticsfor Bangkok Business Brief’s website, and are areas of businesswith short URLs and QR codes to take readers toto the stories, as measured by entirety and Bangkok related news categorized into 12 again presented with short URLs and QR codes to take readers the original measured by analytics for to other Business Brief’s website, presented interest. Current Color:original articles inin their entiretyand to other related news categorized into 12 areas of business interest. original articles their entirety and to other related news categorized of business interest. The 10,000-copy monthly circulation is highlyAdd Color toward top- to mid-level managers and executives. Choose Color targetedThe 10,000-copy monthly circulation is highly targeted toward top- to mid-level managers and executives. The 10,000-copy monthly circulation is highly targeted toward top- managers and executives. Colors: Print Online News Categories Generate ChartPrint Online News Categories Print Online News Categories The news categories featured in both Bangkok Business Brief Magazine Distribution – 10,000 copies The news categories featured inboth the Bangkok Business Brief in bothThe news categories featuredmonthly the Bangkok Business daily news print version and the Brief monthlythe Bangkok Business Brief monthlyprint version and thealldaily news print version and the sectors relevant website represent daily news (20%) website represent all sectors relevantwebsitebusiness readers. Executives have to all represent all sectors relevanttoto all businessquickly review the have thebusiness readers. Executives have all ability to readers. Executives (15%) the ability to quickly review thethe ability to quickly to the industries in subjects pertinent review the subjects pertinent to the industriesin which pertinent to the industries insubjects they are employed or required (2%) which informedemployed or required to be they are about.which they are employed or required (26%)toto be informed about. be informed about. (37%) Circulation Information Advertising Rate Card Circulation Information Advertising Rate CardCirculation Informationpublication The readership of the Advertising Rate Card The readership of the publication has been determined to be betweenThe readership of the publication Dimensions 1  Month 3  Months 6  Months 12  Months has been determined to be between Advertising  Informationhas been – 45,000. to be between 25,000 determined Width  x  Height THB  p/month THB  p/month THB  p/month THB  p/month 25,000 – 45,000.25,000Pass On rate is estimated to be The – 45,000. Full  Page 222  mm  x  314  mm 40,000 37,000 34,000 27,000 COLOUR The Pass 2.5 and 4.5estimated to be between On rate is times per Half  Page 222  mm  x  155  mm 27,000 23,500 20,000 17,000The Pass On rate 4.5 times per to be between 2.5 and is estimated Quarter  Page 109.5  mm  x  155  mm 16,000 13,500 11,000 9,500between 2.5copy.4.5 times per individual and individual copy. Eighth  Page 109.5  mm  x  75.5  mm 9,600 8,100 6,600 5,700individual copy. of 10,000 copies The circulation The circulation of 10,000 copies Full  Page 222  mm  x  314  mm 30,000 27,000 21,000 19,000 incorporates direct mailing to ChamberThe circulationdirect mailing to Chamber incorporates of 10,000 copies Half  Page 222  mm  x  155  mm 18,000 16,200 14,000 11,500 BW of Commerce members, circulationincorporates direct mailing to Chamber of Commerce members, circulation Quarter  Page 109.5  mm  x  155  mm 9,500 8,500 7,500 7,000 throughout Amata Industrial Estate,ofthroughout Amata Industrial Estate, Commerce members, circulation Eighth  Page 109.5  mm  x  75.5  mm 5,700 5,100 4,500 4,200 Eastern Seaboard, delivery withthroughout Amata Industrial Estate, Eastern Seaboard, delivery with Front  Cover 222  mm  x  65  mm 40,000 37,000 34,000 27,000 Food by Phone orders, and strategic COLOUREastern by Phone orders, and strategic Food Seaboard, delivery with Inside  Front  Cover 222  mm  x  314  mm 43,500 40,000 37,000 33,500 distribution points at BangkoksFood by Phone orders, and strategic distribution points at Bangkoks Inside  Back  Cover 222  mm  x  314  mm 43,500 40,000 37,000 33,500 leading hotels’ and serviceddistribution points at serviced leading hotels’ and Bangkoks and Back  Cover 222  mm  x  314  mm 47,000 43,500 37,000 33,500 apartments’ business centresleading hotels’business centres and apartments’ and serviced executive lounges.apartments’ business centres and executive lounges.executive lounges. Andy Hyde - +66 (0) 8 0814 9080 - andy@bangkokbusinessbrief.com Andy Hyde - +66 (0) 8 0814 9080 - andy@bangkokbusinessbrief.com Andy Hyde - publishing 8-124 Sukhumvit Soiandy@bangkokbusinessbrief.com Mango Mango +66 (0) 0814 9080 Soi 38, Prakanong, Klongtoey, Bangkok 10110 Mango Mango publishing 124 Sukhumvit - - 38, Prakanong, Klongtoey, Bangkok 10110 Mango Mango publishing - 124 Sukhumvit Soi 38, Prakanong, Klongtoey, Bangkok 10110
  • 19. 20 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 www.bangkokbusinessbrief.com‘Gen Y’ to the slower pace of change in a office, and they’re making people changing their marketing strate-or ‘Gen Why?’ corporate environment. go to it all the time, yet people gies to appeal to Gen Ys. As GenStory continued from Page 1. don’t do work in the office.” Ys get older and have more and Much of this generational con- more influence in business andto fit in, is just a different world- flict, then, stems from different While Jason Fried is technically in the world as a whole, it’s appar-view from previous generations. expectations and different ways of a Gen X, his ideas echo the sen- ent that they will bring dramaticAccording to Brent Freeman, a working. Jason Fried and David timents of Gen Ys, who ask why changes with them.writer and ‘serial entrepreneur,’ Heinemeier Hansson, founders of they have to sit in an office all dayGen Ys believe that “anything is web-based software provider 37 when they can be reached through For many Gen Ys and others, thesepossible and anyone can make a Signals, described the new realities their devices anytime, anywhere. changes have been long overdue,difference,” and that after watch- of doing business in their book, They see the traditional office and as changes in thinking and life-ing the collapse of major corpo- Rework. In their business world, corporate structure as outdated in styles that have occurred in recentrations in the past 4-5 years, they “ASAP is poison,” “meetings are a world of always-connected tech- years through new technologiesbelieve that there is a “better, more toxic,” “decisions are temporary,” nologies, so they ask “Why?”, and have been slow to arrive in manyethical way to do business.” This and “resumes are ridiculous.” In most Gen Xs and Baby Boomers industries and sectors. They seeidea leads some to the conclusion a recent NY Times opinion piece, don’t seem to have the answers. the rise of Gen Y as the perfectthat Gen Y is more entrepreneur- Jason Fried also advocates more opportunity to create meaning-ial than previous generations, as time off for employees because Why does all of this matter? Be- ful change, as they prepare to takethey try to take charge of their “when there’s less time to work, tween 2015 and 2020, according their turn as leaders in the busi-lives while doing good at the same you waste less time. When you to demographic studies, Genera- ness world. If the old-school, be-time. have a compressed workweek, tion Y will start to represent one- hemoth-like corporation Micro- you tend to focus on what’s im- third of the workforce in many soft represents the Baby BoomerIn the workplace, Gen Ys are de- portant. Constraining time en- countries in the world, including generation, and the hip corporatescribed as creative and energetic courages quality time.” And in a Thailand. Companies need to hire giant Apple is Gen X, then Gen Yworkers who value collaboration TedxMidwest.com video, he de- Gen Ys as Baby Boomers move would probably be Facebook orand, as veterans of instant mes- scribes why work doesn’t happen into retirement, but they seem to any plucky start-up that dreamssaging and chat, they look for im- at work: “When I ask people... be having trouble recruiting and of making money while changingmediate feedback on their work. where do you go when you re- retaining this new generation of the world. Whether that’s a goodWhile these can be positive traits ally need to get something done? workers. And as Gen Ys mature thing or not most likely dependsin the right environment, they I’ll hear things like, the porch, the economically, there is also evi- on when you were born.can also lead to conflict with older deck, the kitchen.... You almost dence that they are foregoing the Read fresh businessworkers who are not used to this never hear someone say the office. usual adulthood purchases of news briefs aboutkind of thinking, and to frustra- But businesses are spending all their parents and grandparents, Bangkok, Thailand, and Asiation from Gen Ys who aren’t used this money on this place called the like cars, so many companies are every weekday at www.bangkokbusinessbrief.com
  • 20. 22 BANGKOK BUSINESS BRIEF Mid-October/Mid-November 2012 www.bangkokbusinessbrief.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 14 15 16Oct. AMCHAM: AMCHAM: ICT 2012 AMCHAM / FedEx http://goo.gl/okagr AMCHAM: Career Camp AMCHAM: 2012 AMCHAM / FedEx http://goo.gl/kfE5N 2012 AMCHAM / FedEx Career Camp AMCHAM: Legal Cmte Career Camp http://goo.gl/pkkPu http://goo.gl/U2Dse http://goo.gl/DT764 21 22 23 28 29 AMCHAM: Bus. Economics Cmte 30 http://goo.gl/mFX1y AMCHAM: Healthcare Prof. Women’s Cmte http://goo.gl/PxKPu Bangkok Trader Netwkg http://goo.gl/EnNbR 4 5 6Nov. AMCHAM: Joint HR ICT – How to become Best Place to Work AMCHAM: for Company Board of Governors http://goo.gl/uGeps http://goo.gl/s1ihy 11 12 AMCHAM: HR Cmte http://goo.gl/S602L 13 AustCham: Board of Dirs. AMCHAM: http://goo.gl/DPBbm Healthcare Cmte AMCHAM: Mktg Cmte http://goo.gl/Zq8Vf http://goo.gl/Ogh2R Bangkok Entrepreneurs PPi Professional Hour http://goo.gl/U98Ux http://goo.gl/QGpcQ 18 19 AMCHAM: Energy Environment Cmte 20 http://goo.gl/91tyf AMCHAM: Tax Cmte http://goo.gl/0S2Ky AMCHAM: AMCHAM: Legal Cmte Professional Women Cmte http://goo.gl/hqqfr http://goo.gl/2Hpt4
  • 21. www.bangkokbusinessbrief.com Mid-October/Mid-November 2012 BANGKOK BUSINESS BRIEF 23 Send us your event details for the Mid-November/December issue by November 6th to reid@bangkokbusinessbrief.com Wednesday Thursday Friday SaturdayAMCHAM: 2012AMCHAM / FedExCareer Camp 17 BCCT: ½-day Wkshp (Change Mgmt) 18 4th Women With a Mission Charity Golf 19 20http://goo.gl/N4iJ0 http://goo.gl/V81qH TournamentAMCHAM: CSR Cmte BCCT: Board Meeting http://goo.gl/fAzzNhttp://goo.gl/rqs5H http://goo.gl/FHW9a Joint Chambers:AMCHAM: BCCT: Third Thursday Eastern SeaboardMonthly Luncheon Networking Evening Networking Eventhttp://goo.gl/ATMnA http://goo.gl/uEO3f http://goo.gl/RJDmy 24 AMCHAM: Charitable Foundation Cmte 25 26 27 http://goo.gl/B9DH4 AMCHAM: Indiv. Year- End Tax Plan. Updates http://goo.gl/Occak AMCHAM: Mktg Cmte Movers Shakers http://goo.gl/Kg5o6 http://goo.gl/xOfWr 31 1 2 3 AMCHAM: Travel Tourism Cmte http://goo.gl/PjOzz AMCHAM: Young Professional Cmte http://goo.gl/RZC0XAMCHAM: Food Agri Business Cmte 7 8 9 10http://goo.gl/83dh2AMCHAM: Transpo.Logistic Cmte AMCHAM:http://goo.gl/DQ5ES Save The Date –AustCham: Sundowners Myanmar Chapter Launchhttp://goo.gl/fF7hb http://goo.gl/ozHzL 14 AMCHAM: Customs Excise Cmte 15 16 17AMCHAM: http://goo.gl/Z5MbXSecurity / OSAC Cmte BCCT: Board Meetinghttp://goo.gl/SJTeK http://goo.gl/om1rr Joint Chambers:AMCHAM: BCCT: Third Thursday Eastern Seaboard AustCham: VoluntarySocial Networking Night Networking Evening Networking Event English Teachinghttp://goo.gl/hEoyA http://goo.gl/tK60a http://goo.gl/0fVnq http://goo.gl/nq09xAMCHAM:CSR Cmtehttp://goo.gl/fjgSQ 21 22 23 24AMCHAM:CSR Excellence Awards /Monthly Luncheon AMCHAM:http://goo.gl/Qeem3 CharitableAMCHAM: Energy Cmte Foundation Cmte Movers Shakers Ploenchit Fairhttp://goo.gl/mbMpi http://goo.gl/nxwuz http://goo.gl/xOfWr http://goo.gl/nPzg6

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