Bangkok Business Brief - Volume No.1 Issue No.1

1. www.bangkokbusinessbrief.com
BANGKOK BANGKOK BUSINESS BRIEF December 2011 1
BUSINESS BRIEF
Vol. No. 1, Issue No. 1 December 2011
THB 100.- www.bangkokbusinessbrief.com
Bangkok Business
Brief: The quick
guide to your
business news
By Alan Verstein
The newspaper you’re holding right
now comes from a need for a re-
source that I thought our city has
been lacking for too long: a business-
to-business journal that consolidates
and summarizes the reported busi-
ness news happening here. In the
United States, every major city has
its own similar business journal, and
I believe that the time has come to
Thailand struggles for high marks have a similar publication here.
on ASEAN scorecard This newspaper is a guide to quickly
digest the month’s local business
news from various news outlets,
By Dean Outerson
categorized into 12 topics of inter-
With just over three years until marks by the 2015 target date. URGENT! British est (see ‘Inside’ to the left) and sum-
ASEAN is meant to transform it- While there has been progress in expats see Page 12 marized with a brief sample of the
self into the ASEAN Economic certain sectors in most of the ten NOW! full story. If you find a summary in
Community (AEC), questions re- ASEAN member states, signifi- which you wish to read the whole ar-
main about whether members can cant work still needs to be done In order to get to these numbers, ticle, then just enter the short code
achieve the AEC Blueprint bench- in key areas. Despite optimism the 2007 AEC Blueprint calls for provided at the end of the synapsis
from some ministers and from the the elimination of all tariffs on into your web browser and you’ll be
Inside ASEAN Secretariat, many analysts
in the region speculate that the
all goods within the community,
labour mobility (starting with
taken directly to the original story
from the original source.
General Interest 2 dream of the AEC will take more seven professions), liberalisation
Economy 3 time. They say that Thailand in of the services sector (including This monthly guide is just the
Government 4 particular, needs to make significant hotels and tourism), free flow ‘tip of the iceberg’, however, as
Finance/Investment 5 improvements in certain sectors in of investment in all industries, you can also visit our website
Production 6 order to achieve these benchmarks. a single aviation market, an in- – www.bangkokbusinessbrief.com –
Infrastructure/Logistics 7 tegrated competition policy to on a daily basis and get a snapshot of
Retail/Services 8 If the AEC reaches its goals and prevent monopolies, infrastruc- the day’s business news, all with links
IT/Comms 9 achieves economic integration in ture development (with a focus to open up the full original articles.
Tourism 10 2015, the combined economies on transport, ICT, energy and
Real Estate 11 will feature a population of over other cross border issues), and And we don’t stop there: every month
600 million, a forecast nominal improved agreements and inte- brings fresh cover stories, Chamber
Environment/CSR 12 GDP of US$1,800 billion and over gration in areas such as taxation, updates, and event calendars. We
Business Organizations 13 6% of the world’s trade. The AEC e-commerce and SME develop- have more features planned for the
The Chambers 14 will be the third largest economy ment. future as we expand, so join us every
The Calendar 22 in Asia, behind China and India. Story continues on Page 20. day online and monthly in print.

2. 2 BANGKOK BUSINESS BRIEF December 2011 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/bH6PF
General Interest liam Shakespeare in JuliusCaesar. 1997-98 was a blessing, as the tirees to people of working age re-
Nature and life are cyclical _ the impact of 2008 would have been mains above the European average.
seasons of the year, life and death, far worse for the region,” Azman
the phases of the moon, the tides. Mokhtar, the managing director In India, China and Thailand,
Caught up in daily details, we eas- of Khazanah Nasional of Malaysia, roughly 12 percent of the popula-
http://goo.gl/ozbNM
ily forget that the business world told the CIMB Asean Conference. tion contribute to a pension,...
Asia stands to has cycles, too. We are all familiar Full story at http://goo.gl/nLEIS
with the economic business cycle His comments were...
gain from West of expansion, contraction and re- Full story at http://goo.gl/dfu2u Preventing
slowdown covery. However, other cyclical...
Thailand near top Bangkok from
The shift of economic growth mo- Full story at http://goo.gl/fJolr
mentum to the East has opened of list of world’s sinking biggest
up numerous opportunities that Panel: Asia better weakest pension challenge
Asian countries should not miss off, not immune, Land subsidence caused by ground
out, suggests an economist. systems: study water losses tops the list of prob-
from global crises Greece, India, China and Thailand lems that must be solved in Bang-
The robust economic growth of KUALA LUMPUR : The Asian cri-are home to the weakest national kok to mitigate the impact of the
China and emerging economies pension systems in the world,
sis in the late 1990s was a wake-up climate change on flooding, says
will open a new opportunity for crippled by a mix of acute sover-
call for the region that has turned a study by multinational agencies.
Asian economies to increase their eign debt, young retirement ages,
out to be a blessing in disguise
wealth from trade in goods and high ratios of pensioners to work- The conclusion is contained in
nearly 15 years later, as the region’s
services at a time when the United ers and poor pension take-up, a a report entitled “Climate Risks
financial sector is now strong and
States and Europe are... study showed.
able to sustain a certain degree and Adaptation in Asian Coastal
Full story at http://goo.gl/S65D6 of shocks from the fallout in the Megacities”, jointly conducted by the
Western Hemisphere, accordingThe Allianz Global Investors Pen- Asian Development Bank, the Japan
Grow with the flow sion Sustainability Index, which International Cooperation Agency
to a panellist at a recent Asean
of cycles conference. tracks the relative sustainabil- and the World Bank in 2010.
‘There is a tide in the affairs of ity of national pension systems
men, which, taken at the flood, “There will be more crises in the in 44 countries around the world, The report recommended a...
leads on to fortune”, wrote Wil- future, and the Asian crisis in showed the number of Greek re- Full story at http://goo.gl/20yMD

3. 2 BANGKOK BU
SINESS BRIEF
December 20
11
BANGKOK BUSINESS BRIEF December 2011 Briefs 3 To read the fu
enter the shor
ll article of a
t code at the
story brief,
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BANGKOK o.gl/bH6PF
the story into end set aside a signi company had
General Inte your browser: of go budget of Bt20 ficant investment
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/bH6PF
Use the QR Code reader in your ... are cyclical _ wa
the impact of s a blessing, as the mains
BUSINESS BRIEF
seasons of the
yea 2008 would ha above the Europ
the phases of the r, life and death, far worse ve been ean average.
smartphone to see all the stories http://goo.gl/o
zbNM Caught up in da moon, the tides. for the region,
ily details, we eas Mokhtar, the managing
” Azman In
India, China
Asia stands to ily forget that - of Khazanah director rough and Thailand,
in a certain category. gain from W has cycles, too.
the business wo
We are all fam
rld told the CI Nasional of Malaysia, tion
MB Asean Confe
ly 12 percent of
contribute to a the popula-
slowdown est with the econo
mic business cyc r
ilia rence. the we
aknesses of
pension, while
of expansion, con le His comme sion system are Thailand’s pen-
The 1997 financial crisis is reced- covery. Howe traction and re- Full story
nts were... ...
Economy The shift of eco
ing into memory but Thailand’s
no
mentum to the mic growth mo- phenomena affect... “Magazines Perform Best At Sending Consumers
ver, other cyc
lical
at http://goo.gl/d
Thailand near
fu2u
Full story at htt
Preventing
p://goo.gl/rtpH
3
up numerous East has opened Full story at http://goo.gl/fJ top
Asian countries
opportunities
taxpayers are still footing the bills that
out, suggests an should not miss Panel: Asia bett
To Start A Search Online”
olr of list of wor
weakest pens ’s ld Bangkok from
off, not immun er sinking bigges
_ 60 billion baht a year in interest
economist.
e, systems: studion challenge t
The robust eco
on debts from bailing out financial
no from global cr Source: BIGresearch Simultaneous Media Usage Study (SIMM17) Dec. 2010
y
China and em mic growth of ises Greece, India, Ch Land subsidence
http://goo.gl/LjBqz erging economi
es KUALA LUMPUR : The As are home to the ina and Thailan
d water losses caused by groun
institutions that ultimately failed
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
Thailand Says GDP and survivors brought low by
wealth from tra
services at a tim
ir
de in goods an out to be
d
ion that has tur
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led by k to
ned eign debt, a mix of acute sover- clima mitigate the impact of the
ng-
reckless lending. e
The Bangkok Business Brief has a circulation of
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, says
May Shrink 3.7%, 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
10,000 copies with distribution as listed below:
tain a certain showed.
ers to work-
The conclusio
ational agencies
.
Grow with th degree n is containe
Adding to Rate-Cut
of shocks from a report entitl d in
To this day, the government and
of cycles e flow Western Hemi the fallout in
the The Allia
nz and Ad
ed “Climate Ris
ks
sphere, accord
to a panellist ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal
Case the Bank of Thailand continue to
‘There is a tid at a recent As ina
ean tracks the bility Index, which Asian ities”, jointly conducted by the
men, which, tak
e in the affair
argue over who is responsible for
s of
leads on to for en at the flood, “There wi
conference.
• Direct mailing to Chamber of Commerce members
ity of nationa
relative sustai
l pension sys
nabil- Internati
Development Ba
nk,
onal Cooperatio the Japan
tune”, wrote Wi ll be more crises in 44 cou tems and the n Agency
in the showe ntries around the world, World Bank in
Thailand’s economic growth the debts and how best to repay l- future, an
d the Asian
crisis in tirees d the number of Greek re-
to people of wo The report recom
2010.
quickened for the first time in them before more public money • Circulated to Amata Industrial Estate executives rking age re-
Full story at htt mended a...
p://goo.gl/20yMD
more than a year last quarter on goes to waste.
exports, before the worst floods in
almost 70 years raised the specter Teerana Bhongmakapat, dean of
• Five-star hotel business centers and executive lounges
of a slump and prompted the gov- economics at Chulalongkorn Uni-
ernment to cut its 2011 forecast. versity, says the liabilities are, after • Delivered with ‘Food By Phone’ orders
all, public debts, and should be
Gross domestic product rose paid by...
3.5 percent in the three months Full story at http://goo.gl/pkQyj
through September from a year
earlier, after climbing a revised Thailand Inflation To Advertise, Contact
2.7 percent in the previous quar- Holds Above 4% as
ter, the National Economic and Floods Stoke Food
Andy Hyde
Social Development Board said +66 (0)80 814 9080
in Bangkok today. The median of Costs andy@bangkokbusinessbrief.com
11 estimates in a Bloomberg News Thailand’s inflation rate held
survey was for a 4.5 percent gain. above 4 percent for the seventh www.bangkokbusinessbrief.com
straight month in October as the
The damage may reach 400 billion worst floods in almost 70 years
baht ($13 billion), Barclays Plc destroyed crops and stoked food
said, and the Bank of Thailand has costs.
Bangkok Business Brief
signaled room to cut interest rates
to prop up growth as well as... An index of consumer prices
www.bangkokbusinessbrief.com
Full story at http://goo.gl/EF1rI climbed 4.19 percent from a year
earlier, the Ministry of Commerce Publisher and Managing Director
World Bank: said in Nonthaburi province out- Kaewta Verstein
Floods to stunt Thai side Bangkok today, compared kaewta@bangkokbusinessbrief.com
growth at 2.4% with a 4.03 percent pace in Sep-
tember. The median of 13 esti- Executive Assistant to the Managing Director
The World Bank expects a sig- mates in a Bloomberg News sur- Pla Jaiyen • 081-650-9900
nificant dampening of the Thai vey was for a 4.5 percent gain. pla@bangkokbusinessbrief.com
economy this year from the wide-
spread flooding and warns that fu- The Bank of Thailand slashed its Sales & Marketing
ture expansion could suffer from 2011 economic growth estimate Alan S. Verstein • 081-761-9302
growing concerns of a possible re- following the disaster, adding alan@bangkokbusinessbrief.com
cession in Europe and continued pressure on policy makers to...
sluggish public investment. Full story at http://goo.gl/Hg5iX
Business Development Manager
Andy Hyde • 080-814-9080
Its semi-annual economic report Greek crisis poses andy@bangkokbusinessbrief.com
on Asia Pacific released yesterday a threat to Thai News Director and Ad Traffic
said the flooding would reduce economy, governor
Thailand’s economic growth to Joke Chaymanee
2.4% this year from 3.4% project- warns thailandmagazine@gmail.com
ed previously. A major risk for the Thai economy Managing Director & Creative Director
in the post-flood period will be
However, reconstruction and sup- the political gridlock in Greece,
Reid Nixon • 080-246-9000
ply chain resumption would... which is threatening to result in a
reid@bangkokbusinessbrief.com
Full story at http://goo.gl/550Ve debt default that will spill over to Graphic Designer
the rest of the euro zone, says cen-
The malady lingers tral bank governor Prasarn Trai- Au Laphat-rada
on ratvorakul. Delivery
Pressure mounts on central bank Preecha Lormnak
to take more responsibility for Dr Prasarn called for an early res-
the huge costs of the 1997 bail- olution to the Greek problem in... Issue 1, Volume 1 • December 2011
out Full story at http://goo.gl/KFH3R Copyright 2011. All rights reserved.

4. 4 BANGKOK BUSINESS BRIEF December 2011 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/bH6PF
Government and medium-sized enterprises On Prime Minister Yingluck Shi- as autos and parts, electronics
employing 670,000 people in 32 nawatra’s order, Mr Virabongsa and electric appliances, and farm
Government provinces, reducing the SME sec- will head a panel responsible for equipment – as well as individuals
tor’s gross domestic product by formulating strategies to... to cope with the higher costs in-
Bt24 billion per month, according Full story at http://goo.gl/d7ahU flicted by the flood.
Sponsoredhttp://goo.gl/EIbH6
by TISCO Financial to the Office of Small and Medium
Enterprises Promotion (Osmep). ERC approves “We need to ensure buyers that ex-
Update on tax Bt20bn relief ports from these industries will...
easings The Industry Ministry yesterday measures Full story at http://goo.gl/DKBZ7
Finance Minister Thirachai Phu- announced the registration of
vanatnaranubala will today meet flood-affected SMEs that want the The Energy Regulatory Commis- Suppliers affected
representatives from the manu- government to help rehabilitate... sion approved relief measures for indirectly will also
facturing sector to update them Full story at http://goo.gl/uN4wy individuals and manufacturers, need BoI help
about progress on proposed tax which could be valued about Bt20
measures for businesses affected Plan hatched to billion. The government will allow exist-
by the severe flooding. revitalise tense ing promoted businesses affected
nation Direk Lawansiri, chairman of the indirectly by flooding to enjoy
These include a duty waiver on commission, said that the mea- Board of Investment privileges for
machinery and raw-material im- The government has appointed a sures cover a waiver of service fee, an extended period.
ports from non-Asean countries, veteran economist and a close aide the payment of electricity bills in
as well as rebates for flood-dam- of His Majesty the King to help get installments, a temporary mainte- Severe impact is expected for sup-
aged raw materials. There is also a the country back on its feet in light nance of fuel tariff (FT), the... porting industries in the automo-
proposal to extend the period for of the flood disaster. Full story at http://goo.gl/G0Vtz tive, electronics and other sec-
loss deduction from taxable... tors, because even if they are not
Full story at http://goo.gl/LfSQw Former deputy prime minister Govt’s Bt3bn to affected by floods, some of their
and respected economist Vi- kick-start exports customers could be out of action
Ministry starts rabongsa Ramangura will sit on a The Commerce Ministry plans to for months.
rehab scheme high-level committee to lay down spend Bt3 billion to Bt4 billion to
The flood crisis is estimated to master plans to rehabilitate the help manufacturers – especially The cabinet has already approved...
have affected about 240,000 small country. in the hardest-hit industries such Full story at http://goo.gl/fJfj7
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5. 2 BANGKOK BU
SINESS BRIEF
December 20
11
BANGKOK BUSINESS BRIEF December 2011 Briefs 5 To read the fu
enter the shor
the story into
ll article of a
t code at the
story brief,
end
...added that the
set aside a signi company had
General Inte your browser: of budget of Bt20 ficant investment goo.gl/bH6P
rest liam Shakespe
are
0
million for over million to Bt300
seas
Full story at http: expansion. F
Sponsored by Nature and life in JuliusCaesar. 1997-98
//goo.gl/bH6PF
Use 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-
Finance / Investment hurts the economy and curb cor-
The shift of eco
no
covery. Howe traction and re- Full story
ver, other cyc
nts were...
at http://goo.gl/d Full story at htt
...
p://goo.gl/rtpH
mentum to the mic growth mo- phenomena affect... lical fu2u
porate earnings, according to one
up numerous East has opened Full story at http://goo.gl/fJ Thailand near Preventing
3
opportunities olr of list of wor top
of the nation’s top-ranked fund
Asian countries that
out, suggests an should not miss Panel: Asia bett ld Bangkok from
weakest pens ’s sinking bigges
managers. economist.
off, not immun er systems: studion t
The robust eco from global cr e, y challenge
no
China and em mic growth of ises Greece, India, Ch Land subsidence
http://goo.gl/wKeiJ erging economi
es KUALA LUMPUR : The As are home to the ina and Thailan
d water losses caused by groun
The benchmark SET Index, which
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
Thailand is closed yesterday at 983.44, may
wealth from tra
services at a tim
ir
de in goods an out to be
d
ion that has tur
a blessing in
led by k to
ned eign debt, a mix of acute sover- clima mitigate the impact of the
young retire te change on
ng-
e dis
end this year below 1,000, said
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
attractive, despite Grow with th
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
Prapas Tonpibulsak, chief invest- tain a certain
degree
showed.
ers to work-
The conclusio
ational agencies
n is containe
.
floods: Mobius
of shocks from a report entitl d in
ment officer at Krungsri Asset
of cycles e flow Western Hemi the fallout in
the The Allia
nz and Ad
ed “Climate Ris
ks
sphere, accord
to a panellist ing sion Susta Global Investors Pen- Megac aptation in Asian Coastal
Thailand should recover well from Management Ltd. That would be
‘There is a tid
e in the affair
s of
conference.
at a recent As ina
ean tracks the bility Index, which Asian ities”, jointly conducted by the
relative sustai Development Ba
men, which, tak nabil- Internati nk,
the disastrous floods, as impacts a drop of at least 4.8 percent for
leads on to for en at the flood, “There wi
tune”, wrote Wi ll be more crises
ity of nationa
in 44 cou
l pension sys
tems and the
onal Cooperatio the Japan
n Agency
in the showe ntries around the world, World Bank in
– including those on banks and 2011, after gains of 41 percent l- future, an
d the Asian
crisis in tirees d the number of Greek re-
to people of wo The report recom
2010.
non-bank corporates – should be in 2010 and 63 percent in 2009. rking age re-
Full story at htt mended a...
p://goo.gl/20yMD
short-lived, said Mark Mobius, a Prapas previously had a year-end
global investor and emerging mar- forecast of...
kets fund manager. Full story at http://goo.gl/bKr0e
“We believe Thailand should also Securities firms
remain an attractive place for for- okayed to offer
eign direct investment (FDI) due wholesale services
to location advantages, a sup-
portive business environment Securities companies will be al-
and highly competitive work- lowed to provide wholesale cur-
force. While devastating in the rency exchange services, says
near-term, we believe that impact Finance Minister Thirachai Phu-
from the flooding should prove vanatnaranubala.
short-lived, and that Thailand
should recover well from this di- The Bank of Thailand has con-
sastrous event,” he said in his noteducted a study on the possibility
in Franklin Templeton Manage- of securities firms expanding the
ment’s website. scope of their business. Initially
they can provide wholesale cur-
The executive chairman of Tem- rency exchange services, while re-
pleton Asset Management expects tail currency exchange is reserved
the banking sector to... for commercial banks.
Full story at http://goo.gl/WAfLS
Mr Thirachai said the expansion
Baht outlook should be done step-by-step, but
anyone’s guess added securities companies...
Full story at http://goo.gl/JG96F
The revival of business and eco- Baker Tilly Corporate Advisory
nomic activity after the floods Japan Plans Baht Services (Thailand) Limited
could provoke baht volatility after Loans to Aid
many months of mild movement, Companies Hurt by
analysts say. Our Services
Thai Floods • NPL Disposal and Acquisition
Some expect the Bank of Thai- The Japanese government is pre-
land to be more tolerant of mar- paring a loan program to aid • Debt Restructuring / Turnaround
ket volatility as it implicitly pro-companies operating in Thailand • Fund Raising
motes hedging among market as the worst flooding in 50 years • Valuation Reports
players. forces Toyota Motor Corp. and
Nissan Motor Co. to shut facto- • M&A
Suchada Kirakul, a central bank ries. • Cash and Performance Monitoring & Accounting
deputy governor, said last week
that the bank had been more re- Loans would be backed by Japa- Due Diligence
strained in buying US dollars from nese government bonds and the
the market to smooth volatility, Bank of Japan would be involved If you require any of these services,
wanting private-sector actors to be in disbursing the baht funds in the please feel free to contact the Partners -
more attuned to their own risks... event of cash shortages, Tsutomu Yundyong Thantiviramanon, Amnaj Mungkornpun
Full story at http://goo.gl/WDsdx Okubo, a lawmaker and deputy
policy chief for the ruling Demo- or Warwick Kneale on +66 2 679 5400 or
Thai Stocks to Halt cratic Party of Japan said in an inquiries@bakertillythailand.com
Two-Year Gain on interview in Tokyo yesterday. The
Floods BOJ said today it is working with
Thailand’s central bank to arrange www.bakertillythailand.com
Thai stocks are set to halt a two- the program...
year rally as “disastrous” flooding Full story at http://goo.gl/d9wZE

6. 6 BANGKOK BUSINESS BRIEF December 2011 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/bH6PF
Production an to help Thai manufacturers not and Pathum Thani. Manufacturing Insights, revealed
yet affected by the floods to con- that 19 percent of high-tech com-
tinue their operations. Amata operates two industrial es- pany respondents plan to source
tates in Chon Buri and Rayong. supplies and raw materials from
The tax waiver is urgently needed Hemaraj operates... North America in...
http://goo.gl/UrVpE
because unusually high automo- Full story at http://goo.gl/zdxQg Full story at http://goo.gl/PnBzo
Export growth is bile demand is expected, especial-
ly for versatile pickup trucks,... High-tech Thai Floods
lowest in 2 years Full story at http://goo.gl/1CVn7 companies look May Shift Japan
Year-on-year rise of 0.3% in soggy beyond China for Investment to
October: The effect of the flood Amata, Hemaraj’s
crisis on a wide range of manu- dry estates well alternative sourcing Indonesia, Vietnam
facturing sectors slowed October’s placed for 2012 locations: Study Japanese companies, Thailand’s
export growth to only 0.3% year- biggest foreign investors, may
on-year to US$17.2 billion, the Amata Corp and Hemaraj Land Rising costs in China are prompt- spend more to build factories in
lowest rate in two years. and Development are expected to ing high-tech companies in Asia to neighbors including Indonesia
perform well in 2012 on expec- explore alternative sourcing loca- and Vietnam after the worst flood-
Deputy Commerce Minister tations of increased demand for tions within the region as wellas in ing in 70 years disrupted global
Siriwat Kachornprasart said the land in dry industrial estates in the North America, according to a new production.
plunge reflected production sus- aftermath of the floods, brokerage UPS-sponsored survey. As part of
pensions among producers of ma- houses said. this shift, half of all high-tech trade “Executives recognize the con-
jor export items such as comput- lanes in five years’ time are expected centration risk after the floods,”
ers and electronics, electrical... DBS Vickers Securities (Thailand) to involve intra-Asia movements. said Takahiro Sekido, chief Japan
Full story at http://goo.gl/6hp3G and CIMB Research shared the economist at Credit Agricole CIB
view that the two industrial estate “Moving ahead, we expect to see in Tokyo. “The recent trend of ac-
Duty waiver urged developers would enjoy higher manufacturers placing greater em- celerating investment into Thai-
Automakers seek to cut parts costs: land sales next year, as none of phasis on supply chain risk aware- land will cool despite the fact that
The government is being urged to their estates was affected by the ness and mitigation.” Thailand was such an ideal desti-
consider waiving duties on auto floods, which have inundated sev- nation.”...
parts imported from outside Ase- en industrial estates in Ayutthaya The survey, conducted by IDC Full story at http://goo.gl/7e5lc
Tris Mart Ltd, Hong Kong “HOW CAN I GET MY PEOPLE
Textiles & Apparel Services in Asia TO WANT TO DO THE THINGS
Sourcing | Buying | Production | QC
I WANT THEM TO DO?”
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.
...DEVELOP YOUR LEADERSHIP SKILLS
Product develoPment GrouPs
1. Apparel: knitwear, woven, sweaters, denim,… “ ompanieswithengagedstaffconsistently
C
2. textiles: yarns, fabrics, home textiles, leather,…
3. technical: clean-tech, eco-tech, med-tech, pro-tech, sports-tech,… out-performcompetitorsby47%to202%”
4. made ups: bags, belts, headwear, socks, plush toys,…
5. Accessories: labels, badges, patches, hangtags,… Source:International Research studies.
licensinG mAnufActurinG: Takeafree,‘testdrive’leadershipskills
Got a license, idea, concept and looking to develop / produce your
babywear, children’s wear, teens’, ladies’ and men’s wear?
Contact us, since we are familiar in this sector.
workshop,soyoucandecideifCrestcom
leadershipdevelopmentwillworkforyour
For all inquiries, please contact: CompanyorOrganization.
Gery EMONDS, Owner Founder
(Nederlands, Francais, English, Deutsch)
sales@trismart.net or gery_emonds@yahoo.com CallDavidBell:022557890or0818364790
skype: gery.emonds (see location ‘Bangkok, Thailand’)
www.trismart.net (website under construction) Oremailus:david.bell@crestcom.com
“If it’s made from textiles,
Tris Mart Ltd can find it for you in Asia.”
Vast Network of Partners in these Asian Countries of Production:
Bangladesh China india Laos thailand Vietnam