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October 20<strong>17</strong><br />
PATTAYA<br />
TM<br />
BUSINESS<br />
SUPPLEMENT<br />
OCEAN MARINA PATTAYA BOAT SHOW<br />
TO TAKE PLACE AS EEC BOOSTS<br />
MARINE TOURISM<br />
COVER STORY<br />
OVERLEAF<br />
INSIDE THIS ISSUE ...<br />
& FOREIGN CURRENCY UPDATE<br />
& ‘PAYMENT BY VEIN’ TRIALLED IN UK SUPERMARKET<br />
& SOUTHEAST ASIAN BUSINESS ROUNDUP<br />
ADVERTISEMENT<br />
SCAN<br />
THIS<br />
AREA
BUSINESS SUPPLEMENT<br />
cover story<br />
OCEAN MARINA PATTAYA BOAT SHOW TO TAKE<br />
PLACE AS EEC BOOSTS MARINE TOURISM<br />
As the rollout of the government’s massive<br />
Eastern Economic Corridor (EEC) project<br />
gathers pace and increases interest in the<br />
Eastern Seaboard, Ocean Marina Pattaya is<br />
set to host a boat show in November as a way<br />
to promote the area as a centre of marine tourism.<br />
The boat show will be called The Ocean<br />
Marina Pattaya Boat Show.<br />
The show will take place from 23rd to 26th<br />
November 20<strong>17</strong> and is expected to attract<br />
more than 6,000 visitors. It will be located at the<br />
Ocean Marina Yacht Club. Some 150 exhibitors<br />
will be showing off a variety of products for the<br />
marine tourism industry such as new models<br />
of yachts, as well as accessories. A number of<br />
service providers will also be exhibiting at the<br />
show enabling boat owners and prospective<br />
boat owners to maintain their vessels with ease.<br />
The show will include some super yachts, each<br />
with a price tag in excess of 200 million baht.<br />
More than 2 billion baht in new business is expected<br />
to be generated at the show, in keeping<br />
with previous annual estimates.<br />
Mr. Tirachai Pipitsupaphol, managing director of<br />
Ocean Property, the company that owns Ocean<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
Marina Pattaya, was quoted as saying, “With<br />
the momentum of investment on the Eastern<br />
Seaboard, marine tourism will continue booming<br />
over the coming years.”<br />
Not only is there a wealth of natural marine resources<br />
along the Eastern Seaboard, but also<br />
incoming investment in support services will<br />
lead to a rare combination of positive trends in<br />
the marine tourism industry coming online.<br />
There will be incentives in place for manufacturers<br />
and service providers in the marine sector<br />
to thrive in the vicinity of the marina to support<br />
the growth of marine activities along the EEC.<br />
High-tech industrial zones will be developed<br />
to attract exactly the right companies that can<br />
bring forward new technology.<br />
The EEC project will lead to more than 1.5 trillion<br />
baht in both private and government investment<br />
in three provinces, namely Rayong, Chachoengsao<br />
and Chonburi. Over 30,000 rai has<br />
been earmarked for development.<br />
As part of the infrastructure investment in the<br />
region a high-speed rail link is planned to connect<br />
U-tapao Airport near Sattahip with Suvarnabhumi<br />
and Don Mueang airports. A huge expansion<br />
of U-tapao airport will come at the same time,<br />
heightening its importance as a gateway to the<br />
EEC. It is expected to lead to a sharp increase<br />
in tourist numbers and also serve as an essential<br />
logistics hub.<br />
It is not only airport expansions that are taking<br />
the centre stage. Marine expansion is most<br />
definitely a priority under the EEC scheme.<br />
The deep-sea port at Laem Chabang will see a<br />
major expansion under its third phase of investment,<br />
as will the Map Ta Phut deep-sea port,<br />
also under its third phase. These two ports, and<br />
a deep-sea port at Sattahip, are to be connected<br />
by a double track rail system.<br />
As Pattaya is more or less in the centre of the<br />
EEC area, it is expected to benefit from a significant<br />
increase in tourist numbers. In the first<br />
half of 20<strong>17</strong> some eight million tourists came to<br />
Pattaya, up by 15% compared to the first half<br />
of last year.<br />
Scott Finsten, the harbourmaster of Ocean<br />
Marina Yacht Club was quoted as saying, “In<br />
terms of day trips from Ocean Marina to islands<br />
near Pattaya during the first half this<br />
year, 18,000 people on average took a trip per<br />
month, up 60% year-on-year.”<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT<br />
CONSUMERS WITH SEVERAL<br />
CREDIT CARDS ARE LESS LIKELY<br />
TO DEFAULT ACCORDING TO<br />
A RECENT STUDY<br />
According to the study “Thailand’s<br />
Household Debt Through the Lens<br />
of Credit Bureau Data: Borrower’s<br />
Portfolio and Behavior”, consumers<br />
with several credit cards were<br />
more responsible with their debt.<br />
Head of networking and communications<br />
at the Puey Ungphakorn<br />
Institute for Economic Research<br />
(PIER), Ms. Atchana Lamsam<br />
was quoted as saying, “Debtors<br />
with multiple credit cards tend to<br />
default less compared with those<br />
holding fewer credit cards.”<br />
There appears to be some correlation<br />
between having lower<br />
balances due to spreading payments<br />
on different cards, and the<br />
ability to pay off these balances<br />
either in full or at least at a rate<br />
that is much above the minimum<br />
payment required.<br />
This trend leads to a diminished<br />
amount of default activity. In addition,<br />
it would appear that those<br />
who have many credit cards may<br />
have a higher income and may<br />
also have a higher level of creditworthiness<br />
in order to gain the<br />
multiple card offers in the first<br />
place, further re-enforcing the<br />
theme of responsible borrowing<br />
amongst this group of consumers.<br />
Yet all is not black and white. Ms.<br />
Atchana Lamsam was further<br />
quoted as saying, “The findings in<br />
Thailand contrasts with the credit<br />
card crisis that happened in South<br />
Korea, which was mainly caused<br />
by debtors with multiple credit<br />
cards.”<br />
The multiple credit card behavior<br />
also contrasts with the behavior of<br />
those with multiple personal loans<br />
in that the latter group are often<br />
finding themselves in financial<br />
difficulties.<br />
One of the reasons for this second<br />
contrast could be that the money<br />
received from personal loans is<br />
paid up front in a lump sum and is<br />
easier to spend as if it were considered<br />
to be the borrowers own<br />
money as compared to the more<br />
careful thought associated with using<br />
a credit card and running up a<br />
credit bill at the end of the month.<br />
As for an age group analysis,<br />
those in the age range of 25 to 45<br />
were found to be the most likely to<br />
default with credit cards, and yet<br />
it was the opposite for personal<br />
loans where under 25’s and over<br />
60’s were more likely to default.<br />
It was noticed that geographical<br />
hotspots were also found in the<br />
study. In the capital city, credit cards<br />
and any-purpose personal loans<br />
were the most common, whereas<br />
those in the Northeast were more<br />
likely to have business loans with<br />
specialist lenders as they were<br />
generally in the farming business.<br />
Mrs. Sommarat Chantarat, head<br />
of the financial systems section at<br />
PIER, was quoted as saying, “ To<br />
solve the farmer’s vicious cycle of<br />
debt, financial institutions should<br />
offer more suitable products, such<br />
as risk-contingent credit which will<br />
provide coverage for damaged<br />
crops from natural disasters.”<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
Finance Ministry might scrap tax exemption<br />
on interest.<br />
Currently there is a tax exemption applied to<br />
interest earned as long as it is not over 20,000<br />
baht per year. However, this may be set to<br />
change. The finance ministry is looking at the<br />
possibility of scrapping the waiver in place<br />
currently.<br />
Normally, when earning interest on bank and<br />
savings account deposits, savers are required<br />
to deduct 15 per cent withholding tax, but there<br />
is a waiver in place for amounts of less than<br />
20,000 baht.<br />
Minister Apisak Tantivorawong, a former banker,<br />
was quoted as saying, “It’s become a common<br />
practice for bank employees to advise a large<br />
depositor to close his bank account when the<br />
interest nears 20,000 baht and move the money<br />
to other financial products. This is not consistent<br />
with the intent of the law,” he said.<br />
One idea being floated that may preserve the<br />
benefit of the waiver but deter people from profiting<br />
from any loophole is to deduct the 15 per<br />
cent withholding tax from all deposits and then<br />
to provide a tax rebate in the following year.<br />
Thai petrochemicals industry expected to<br />
enjoy robust growth.<br />
The Thai petrochemicals industry is poised to see<br />
healthy demand growth over the next two years<br />
BUSINESS SUPPLEMENT<br />
THAILAND BUSINESS NEWS<br />
as a result of an expanding global economy.<br />
It is the plastics industry that will likely propel<br />
growth in the petrochemicals sector such that<br />
it will expand at a faster rate than the overall<br />
global economic growth rate.<br />
However, it is not all plain sailing. With oil prices<br />
volatile and still at the low end of a recent wide<br />
range, producers need to keep a close eye<br />
on operation costs, optimization of assets and<br />
business sustainability.<br />
Mr. Pramodkumar Lakhmapure, head of Southeast<br />
Asia sales at AspenTech, (an asset optimization<br />
software provider based in Massachusetts),<br />
was quoted as saying, “Planners need<br />
to have sustained profitability in mind,” adding,<br />
“This includes selecting the correct modeling<br />
parameters from hundreds of variables to create<br />
an ideal map.”<br />
Gems Gallery offers lifetime guarantee to<br />
woo foreign tourists.<br />
Gems Gallery’s lifetime guarantee is enticing<br />
foreign tourists to buy with confidence.<br />
Gems Gallery’s chief executive, Phattaraphon<br />
Hongsrisook, was quoted as saying, “We’re<br />
one of the few in the market to offer a 100%<br />
full refund for jewelry purchased in the store. As<br />
long as the piece is not modified or very damaged,<br />
customers can receive its original retail<br />
value in cash.”<br />
In reality the vast majority of customers are<br />
delighted with their purchase and this is evidenced<br />
by the fact that less than one percent<br />
of people who purchased make any kind of<br />
return.<br />
The guarantee has also been noted by prospective<br />
Thai buyers who have been looking<br />
for a reliable gems provider.<br />
Mr. Hongsrisook was further quoted as saying,<br />
“We also have a few Thai customers who<br />
learn about the store through word of mouth,<br />
mainly family and friends.”<br />
The Gems Gallery’s guarantee has been offered<br />
since 1987, when the company was<br />
founded.<br />
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BUSINESS SUPPLEMENT<br />
“Bits n<br />
Bytes”<br />
STEVE DICKENS<br />
‘PAYMENT BY VEIN’ TRIALLED IN UK SUPERMARKET<br />
COMING TO A RETAIL OUTLET NEAR YOU SOON?<br />
A supermarket in London is<br />
trialling a biometric payment<br />
system that uses the unique<br />
vein pattern in fingertips to pay<br />
for goods.<br />
Costcutter said it would consider<br />
rolling Fingopay out more widely if<br />
the test, at Brunel University, was<br />
successful.<br />
An electronic reader maps the<br />
user’s finger veins, generating a<br />
unique key.<br />
But one expert questioned whether<br />
biometric systems had any benefit<br />
over traditional methods of payment.<br />
During registration, users need<br />
to link their finger pattern to their<br />
credit or debit card and then they<br />
can pay for goods without the need<br />
to be carrying any cash or cards.<br />
The technology has been developed<br />
by electronics giant Hitachi,<br />
with biometric payments company<br />
Sthaler licensed to roll it out in the<br />
retail sector.<br />
Nick Dryden, chief executive of<br />
Sthaler, said the system would<br />
appeal to young people.<br />
“Today’s millennial generation now<br />
expects a higher level of ease,<br />
security and efficiency from the<br />
way that we pay,” he said.<br />
James Budkiewicz, assistant director<br />
of the commercial directorate<br />
at Brunel University London,<br />
said that it would give students<br />
“the opportunity to take cash off<br />
campus, benefiting not just customers,<br />
but our retailers too”.<br />
A spokeswoman for Costcutter<br />
said: “We will be interested to see<br />
the results and will decide on next<br />
steps at that point.”<br />
Finger change<br />
Barclays bank introduced the<br />
same Hitachi-developed technology<br />
in 2014 when a similar finger<br />
vein desktop reader was rolled out<br />
to its corporate customers.<br />
Fingopay was also trialled at a bar<br />
in Camden earlier this year, with<br />
2,000 customers signed up.<br />
Sthaler says its method is “the<br />
safest form of biometrics with no<br />
known breaches”.<br />
Security consultant Graham Cluley<br />
said: “There have been fingerprint<br />
biometric systems in the past that<br />
have been easily tricked.<br />
“The problem with biometrics<br />
is that you can’t change it, so if<br />
someone gets hold of your information<br />
and reproduces it, what are<br />
you going to do? You can’t change<br />
your finger.<br />
“I do wonder why there is such an<br />
urgent push to use this technology<br />
rather than the traditional methods<br />
of identifying yourself.”<br />
Prof Alan Woodward, a computer<br />
scientist from the University of<br />
Surrey, said a system that relied<br />
on vein patterns was more secure<br />
than previous biometrics.<br />
“This is a good thing to do,” he<br />
said. “With this system, blood<br />
needs to be flowing through the<br />
veins so you can prove it is a real,<br />
live person using it, which is much<br />
harder to spoof.”<br />
LIBERTY COMPUTERS PATTAYA (Est. 1997)<br />
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from B31,000 New Pc’s, PC repairs, CCTV and security systems<br />
Tel: 038 360 400 or email steve@libertycomputers.asia<br />
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High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
SCAN THIS AREA<br />
Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
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Top Floor (30th) 141 sqm Luxury Apartment<br />
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for details, contact: 084 677 4360<br />
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BUSINESS SUPPLEMENT<br />
LONDON<br />
Waterfront Apartment, 193 sqm<br />
$5.2M (<strong>17</strong>2,855,000 ฿)<br />
PARIS<br />
Waterfront Apartment, 160sqm<br />
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SINGAPORE<br />
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BUSINESS SUPPLEMENT<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
ALL-NEW HONDA CR-V IS THE<br />
FIRST AUTOMOBILE TO<br />
ACHIEVE A 5-STAR ASEAN NCAP<br />
Honda Automobile (Thailand)<br />
Co., Ltd. announced the success<br />
of the all-new Honda CR-V, which<br />
was awarded a 5-star rating in a<br />
crash test conducted by the ASE-<br />
AN NCAP (New Car Assessment<br />
Program for Southeast Asia). The<br />
all-new Honda CR-V has become<br />
the first model to be awarded a<br />
5-star rating under the new ASEAN<br />
NCAP Assessment 20<strong>17</strong>-2020<br />
Protocol. This outstanding result<br />
emphasizes Honda’s commitment<br />
to creating quality automobiles<br />
with safety technologies to ensure<br />
safety for Honda customers and<br />
everyone sharing the road.<br />
Based on the new ASEAN NCAP<br />
Assessment 20<strong>17</strong>-2020 Protocol,<br />
which came into effect on 01<br />
January 20<strong>17</strong>, the all-new Honda<br />
CR-V achieved a 5-star rating<br />
with an overall score of 88.8 out<br />
of 100. This new assessment included<br />
a frontal offset impact test,<br />
side impact test, and evaluation<br />
of safety features. The all-new<br />
Honda CR-V received impressive<br />
scores of 47.25 for Adult Occupant<br />
Protection (AOP), 22.84 for<br />
Child Occupant Protection (COP),<br />
and 18.71 for Safety Assist Technologies<br />
(SATs).<br />
The all-new Honda CR-V made<br />
its debut in Southeast Asia at the<br />
end of March 20<strong>17</strong> in Thailand,<br />
followed by Indonesia, Malaysia,<br />
and the Philippines. This premium<br />
sport utility vehicle has received<br />
an overwhelming response from<br />
customers after its launch in each<br />
country. In Thailand, the all-new<br />
Honda CR-V recorded over 6,500<br />
bookings within four months after<br />
the launch (from 24 March 20<strong>17</strong><br />
– 31 July 20<strong>17</strong>).The all-new Honda<br />
CR-V also received several<br />
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awards from many institutions<br />
around the region such as “The<br />
Best Car Choice by Visitors” at<br />
the Indonesia International Motor<br />
Show 20<strong>17</strong> in July and the BIG<br />
Best Car of the Year 2016-20<strong>17</strong><br />
for Impressive Suspension from<br />
Yanyont Square Group Co., Ltd.,<br />
the organizer of the Bangkok International<br />
Grand Motor Sale<br />
20<strong>17</strong> in Thailand.<br />
This time, the 2.4L DOHC i-VTEC<br />
Honda CR-V tested for this rating<br />
is produced and sold in Thailand.<br />
This truly emphasizes Honda’s<br />
commitment to creating high-quality<br />
automobiles with the highest<br />
levels of safety for drivers and<br />
adult or child passengers. The<br />
Honda CR-V’s premium safety<br />
technologies include a Driver Attention<br />
Monitor; Agile Handling<br />
Assist (AHA); and Honda Lane-<br />
Watch, Honda’s unique system<br />
that received a Safety Technology<br />
award at the ASEAN NCAP<br />
Grand Prix Awards in 2014. The<br />
car is also fully equipped with<br />
standard safety features including<br />
six airbags – Dual SRS Airbags,<br />
i-Side Airbags, and Side Curtain<br />
Airbags; Electronic Parking Brake<br />
(EPB); Automatic Brake Hold;<br />
Walk Away Auto Lock; Vehicle<br />
Stability Assist (VSA); Hill Start<br />
Assist (HSA); Emergency Stop<br />
Signal (ESS); Multi-angle Rearview<br />
Camera, and many more.<br />
With its global safety slogan<br />
“Safety for Everyone,” Honda<br />
will continue to provide safe and<br />
reliable vehicles and lead efforts<br />
to realize a collision-free mobile<br />
society.<br />
*Safety equipment varies according<br />
to variants and countries.<br />
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BUSINESS SUPPLEMENT<br />
THE SPORTSMAN PUB AND<br />
RESTAURANT PREPARES FOR<br />
A BUMPER HIGH SEASON<br />
The Sportsman Pub and Restaurant,<br />
located on Soi 13, between Beach<br />
Road and Second Road, celebrated<br />
its 20th anniversary earlier this year<br />
and is one of the longest-running<br />
British-style bar-pub-restaurants in<br />
Pattaya.<br />
Among the myriad of reasons for the<br />
Sportsman’s long running success is<br />
food quality, generous portion sizes,<br />
staff attentiveness, hands-on management<br />
and ambience.<br />
The Sportsman Pub and Restaurant<br />
is rated in the top 15 out of more than<br />
900 restaurants in Pattaya by Trip<br />
Advisor, testament to its enduring resilience<br />
and consistency in a tough<br />
market.<br />
Upcoming special events for The<br />
Sportsman include that major American<br />
holiday in November, Thanksgiving.<br />
The Sportsman may well be<br />
classified as a British pub, but its fare<br />
is sufficiently variable that it attracts<br />
diners from all corners of the globe.<br />
They will be having a Thanksgiving<br />
dinner of three courses, including<br />
traditional roast turkey, pumpkin pie<br />
and much more.<br />
Christmas is approaching and The<br />
Sportsman has always been an incredibly<br />
popular place for this most<br />
traditional of feasts. Again, it will<br />
feature traditional turkey with all the<br />
trimmings and homemade Christmas<br />
pudding. Book early, as they do get<br />
extremely busy.<br />
Always striving to be ahead of the rest<br />
the management has just introduced<br />
some very interesting new beverages<br />
including Chunky Monkey and Apple<br />
Pie shakes adding to their already<br />
large milkshake range. On the nutritious<br />
side wheat-grass & pineapple<br />
and carrot & orange have been added<br />
to their ‘healthy options’ menu.<br />
There’s also a new selection of ice<br />
teas to quench your thirst during<br />
those hot days and they now even<br />
offer a selection of tea and biscuits,<br />
very English.<br />
As an incentive for the ladies, the<br />
Sportsman has introduced ‘Ladies<br />
Night’ every Friday where ladies can<br />
take advantage of The Sportsman’s<br />
new cocktail menu with a buy one,<br />
get one free promotion from 6:00pm<br />
till close.<br />
Other promotional days unique to The<br />
Sportsman include. Wednesday’s<br />
special burger and chips, with a complimentary<br />
bottle of San Miguel for<br />
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BUSINESS SUPPLEMENT<br />
drink promotions.<br />
just 195 baht, available<br />
all day and all night.<br />
On Fridays, the food special is an allyou-can-eat<br />
pizza, pasta and salad<br />
buffet, available between 6:00pm and<br />
10:00pm, for just 249 baht per person.<br />
On Sundays, what else would be fitting<br />
than an all-you-can-eat Sunday<br />
Carvery! This long running traditional<br />
carvery remains leanly priced at only<br />
425 baht per person available between<br />
12:30pm and 8:30pm. The<br />
Sportsman’s Sunday Carvery is rated<br />
among the best in Pattaya. There are<br />
always two soups, five roast joints, a<br />
special steak and kidney pie, Yorkshire<br />
pudding, mini sausages with<br />
all the trimmings and a gravy and<br />
sauce selection to suit every taste,<br />
much more than most so keeping<br />
The Sportsman’s Sunday Carvery the<br />
benchmark for others to follow.<br />
Finally, and if that wasn’t enough The<br />
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- the key to a better life -<br />
Weight train at home, quickly and easily<br />
For those people who take their<br />
health and well-being seriously,<br />
it’s They always are marketed a battle between as the best the<br />
desire dumbbells to have in the best world, equipment<br />
and for<br />
and anyone having who the wants budget to afford train it.<br />
in<br />
Even the privacy the best of home their own use equip-<br />
home<br />
ment but has can limited cost a space, fortune they let alone<br />
are<br />
thinking probably about the ideal full solution commercial<br />
for<br />
grade a weight kit. rack. Everyone They has are their Power- favourite<br />
Blocks, pieces and although of cardio not equipment<br />
cheap,<br />
and are of a course piece a of decent exercise home equipment<br />
is be designed complete and without virtually a set<br />
gym<br />
wouldn’t of guaranteed free-weights to and last bars, for a but very, add<br />
all very this long together time. and And costs they start work, to<br />
add really up well, and makes being the the the perfect dream<br />
less weight-training<br />
attainable. tool<br />
Buying for<br />
cheap<br />
those<br />
home use equipment, to those<br />
with limited storage space.<br />
who take things more seriously, is<br />
..................................................<br />
also not a thought worth entertain-<br />
So, what are PowerBlocks?<br />
ing. Cheaper price means lower<br />
quality First released<br />
and more chance onto the<br />
of some-<br />
market<br />
only<br />
thing going in<br />
wrong. 1993,<br />
Repairs PowerBlocks<br />
could<br />
be are costly, usually long made drawn-out of urethane. affairs.<br />
There This is, are basically, other options a kind however.<br />
of rubber<br />
which doesn’t leave marks<br />
1. and Many is known companies for is durability. use demo<br />
A<br />
machines single set to of show Powerblock big name dumbbells<br />
latest negates model, the once need these to have ma-<br />
gyms<br />
the chines a range have of fulfilled ordinary their dumbbells purpose,<br />
they and are weight sold plates off a lying cheaper around. price<br />
to Basically, get back having the original a Powerblock investment.<br />
set is Some the equivalent of these to machines<br />
having<br />
may around still eight be under or the so manufac-<br />
separate<br />
turers dumbbells warranty. of varying This heaviness. represents<br />
excellent To the gym-goer value, who although is used the<br />
to<br />
equipment standard dumbbells,<br />
may not be the<br />
brand Powernew<br />
and Blocks<br />
straight initially<br />
out may<br />
of the feel<br />
box, strange,<br />
being<br />
a commercial grade piece, it will<br />
being square rather than round.<br />
more than likely be in excellent<br />
Very quickly though it becomes<br />
condition and under normal home<br />
apparent the shape is not a limiting<br />
factor in any way to doing a<br />
use, will last a hundred years!!<br />
2. good Superseded workout. model, or end of<br />
production. ..................................................<br />
When a new model is<br />
released, A PowerBlock many companies dumbbell has like to<br />
a<br />
clear selector out pin, remaining on one stocks side of of each the<br />
old PowerBlock, model to make and way this for allows the incoming<br />
the user new to designs. quickly and It may easily not<br />
be change the latest the selected and greatest, weight but in it<br />
is steps by no of means either five a bad or deal. 10 pounds Again,<br />
these (2.5 to commercial five kilos), models depending will last<br />
on<br />
decades which model when used of PowerBlock by one or two<br />
is<br />
people being used. at home Weight and changes as above,<br />
are<br />
may instantaneous, even still carry there the are manufac-<br />
no extra<br />
parts full to commercial tighten, and warranty.<br />
the colour-coded<br />
bands make it easy<br />
turers 3. to<br />
Trade-ins. see which<br />
When weight<br />
big is selected.<br />
box clubs<br />
catering to large membership<br />
..................................................<br />
bases update their equipment,<br />
The top of the PowerBlock is<br />
they usually trade-in the old models<br />
in to get something back on<br />
open their to original allow easy investment. access for More<br />
either<br />
often large than or not, small these hands. machines<br />
At the<br />
center have been of the under core a is yearly a firm service<br />
textured<br />
contract handgrip although that provides have had<br />
a<br />
secure, high usage, non-slip they grip. have Grasp been the well<br />
handgrip taken care and of. Belts lift upward. replaced The and<br />
selected oiled regularly. weight slides Most equipment<br />
smoothly<br />
free suppliers of the will remaining happily stack. sell these<br />
..................................................<br />
on at more or less the same price<br />
The they selector bought it pin for securely in order locks to get<br />
the it off weight their hands plates quickly. to the The handle last<br />
with thing multiple they need points is a of warehouse<br />
contact.<br />
The full of pin equipment won’t come just getting loose, older.<br />
no<br />
matter<br />
These machines how fast<br />
rarely you move<br />
have any<br />
or<br />
manufactures warranty left but if<br />
shake the dumbbell, what exercises<br />
you perform, or how much<br />
purchased through a reputable<br />
dealer, you will have after sales<br />
weight you use. This is a great<br />
service and support just a phone<br />
ultimate<br />
call away.<br />
combination of security<br />
and adjustability.<br />
..................................................<br />
There are many reasons why<br />
people don’t or won’t go to train<br />
in a gym. If you are the kind of<br />
person who is looking to get into<br />
better shape, but doesn’t want<br />
the hassle of joining a gym, but<br />
is All sufficiently of the above motivated options to gives spend you<br />
around a more 20 reasonable to 30 minutes entry into a day the<br />
for world three of quality or four health days a and week fitness<br />
in<br />
the equipment. comfort High of your end own brands home, and<br />
then affordable PowerBlocks prices. could SEARA be is the a<br />
perfect company exercise that has ‘tool’. been in busi-<br />
..................................................<br />
ness for 25 years in Thailand and<br />
After<br />
has built all, you<br />
a reputation can choose<br />
of being what<br />
a<br />
trusted and respected business<br />
time to do a workout; how long<br />
partner to both Commercial and<br />
to spend doing that workout<br />
Home Use markets and from time<br />
(longer on days you feel good<br />
to time has stocks of good quality<br />
and<br />
equipment have the<br />
as time;<br />
mentioned shorter<br />
in on<br />
the<br />
days above when article. time You is are tight, more or you than<br />
just welcome don’t have to come the and energy); see what<br />
the<br />
level is available of weight either resistance in the Pattaya<br />
you<br />
want showroom to try or for in each the large exercise, ware-<br />
and house all facility from the located privacy an of hour your or<br />
own so drive apartment towards or Bangkok.<br />
house. The<br />
only limiting factor is you: how<br />
dedicated Investing in and your motivated health you and<br />
can well-being or want is to be never to achieving something<br />
your that should fitness be goals. taken lightly and it<br />
Note: might the just sponsor be worth of the this extra page, dig-<br />
Seara ging around Sports, to has try stocked find a PowerBlocks<br />
quality of at equipment their stores at an in afford-<br />
Pattayaable<br />
price Bangkok than and simply their looking other at<br />
branches<br />
better<br />
the the cheapest in Thailand.<br />
easiest If<br />
option<br />
they<br />
that may may end up costing you<br />
don’t have a set in stock, they<br />
more in the long run<br />
can be ordered.<br />
The Fitness Column is brought to you by:<br />
PATTAYA BANGKOK PHUKET SAMUI<br />
Pattaya: 038 757 196-7 / Bangkok: 02 185 1920<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
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When you buy products of this caliber, expect the best in<br />
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Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
Email: ben.hightowerltd@gmail.com<br />
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..................................................<br />
HUSQUVARNA<br />
So, what are PowerBlocks?<br />
First released onto the market<br />
only in 1993, PowerBlocks<br />
are usually made of urethane.<br />
This is, basically, a kind of rubber<br />
which doesn’t leave marks<br />
and is known for is durability. A<br />
single set of Powerblock dumb-<br />
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To the gym-goer who is used to<br />
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Very quickly though it becomes<br />
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Unlimited factor kilometres in any way to doing a<br />
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A PHONE PowerBlock HOTLINE dumbbell has a<br />
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..................................................<br />
The top of the PowerBlock is<br />
29<br />
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open to allow easy access for either<br />
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handgrip and lift upward. The<br />
selected weight slides smoothly<br />
free of the remaining stack.<br />
..................................................<br />
The selector pin securely locks<br />
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with multiple points of contact.<br />
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shake the dumbbell, what exercises<br />
you perform, or how much<br />
weight you use. This is a great<br />
ultimate combination of security<br />
and adjustability.<br />
..................................................<br />
There are many reasons why<br />
people don’t or won’t go to train<br />
in a gym. If you are the kind of<br />
person who is looking to get into<br />
better shape, but doesn’t want<br />
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is sufficiently motivated to spend<br />
around 20 to 30 minutes a day<br />
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..................................................<br />
After all, you can choose what<br />
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Note: the sponsor of this page,<br />
Seara Sports, has stocked PowerBlocks<br />
at their stores in Pattaya,<br />
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The Fitness Column is brought to you by:<br />
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Over the last few years, Facebook<br />
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event and friends of people who<br />
are going to your event.<br />
There is also the option to remarket<br />
to people who visited your<br />
website, custom lists of emails<br />
you have collected or custom lists<br />
of phone numbers you have collected.<br />
in sales. You do need to remember<br />
that your sales conversion<br />
rate will be much lower than any<br />
direct advertising you do to people<br />
who are actively searching for<br />
your product.<br />
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Although this sounds easy, the<br />
last option for emails and phone<br />
numbers can only be used for remarketing<br />
if the email or phone<br />
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Facebook advertising is a great<br />
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HIGH TOWER CO.,LTD.<br />
47/113 Moo 9, Nongprue, Banglamung, Chonburi 20150<br />
T: 038 411 009 (Office), M: 084 677 4360 (En), 064 794 5600 (Th)<br />
Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
THAILAND<br />
Factory for Sale/Rent in Pattaya<br />
Located close to Motorway 7 to Rayong and Bangkok. This is the best location and best<br />
value for a workshop. The factory is around 490 square meters with 2 offices with toilet,<br />
kitchen, store room, meeting room, workshop with separate toilet for the factory staff.<br />
A big sliding door can be open for the 6 wheeler trucks to load or unload in the factory.<br />
The factory has 220/380V 35kW power supply and is connected to the common water<br />
supply. in.<br />
BUSINESS SUPPLEMENT<br />
Buying or Selling : A Business -<br />
House - Boat - Car - Bike - Condo - Land<br />
Let us take the stress & Hassle out of your transactions<br />
Sales price is 5 million baht o.n.o<br />
Rent for just 28,000 baht per month<br />
No-key money, just a security deposit (returnable)<br />
with first & last months rent payments.<br />
Now<br />
Guesthouse for Rent<br />
Rent per month only<br />
55,000 baht<br />
No key money, just a security<br />
deposit (returnable) with first & last<br />
months rent payments.<br />
This 3 unit shop house includes the Restaurant,<br />
kitchen, several eating areas both inside & outside<br />
Also 12 rentable rooms, located close to Regent<br />
International School. Rooms available with Sea view<br />
and Mountain View and free Wifi, free Sat TV, with<br />
security cameras & Key Card system.<br />
Rooms available from 4000 baht per month<br />
BUSINESS FOR SALE<br />
SUPER INVESTMENT OPPERTUNITY<br />
This turn-key free-hold business consists of a fully<br />
equipped, licenced & opperated/managed Pub,<br />
Restaurant & Boutique Hotel & has been established<br />
since 2006 & is a well known landmark located<br />
centrally & convieniently between Pattaya &<br />
Jomtien with a guaranteted rental income.<br />
Including a fully managed & licenced<br />
full kitchen<br />
with plenty of outside (Al-Fresco)<br />
laundry & 12 comfortably furnished<br />
rooms with ensuite bathrooms,<br />
the company is debt free and has a full<br />
income history available.<br />
An absolute “Must See”<br />
for those looking for a safe proven<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
THAILAND MORTGAGE LAW<br />
A mortgage is a contract whereby<br />
a person (mortgagor), assigns a<br />
property to another person (mortgagee)<br />
as security, without delivering<br />
the property to the mortgagee.<br />
The mortgagee is entitled to be<br />
paid out of the mortgaged property<br />
in preference to ordinary creditors<br />
regardless as to whether or not<br />
the ownership of the property has<br />
been transferred to a third person.<br />
A mortgaged property is a security<br />
for the performance of the obligation<br />
and for the interest, compensation<br />
in case of non-performance<br />
of the obligation and costs of enforcement<br />
of the mortgage.<br />
Immovable properties of any kind<br />
can be mortgaged. However, duly<br />
registered movables can also be<br />
mortgaged, such as ships of five<br />
tons and over, floating houses,<br />
beast of burden, or any other<br />
movables with regard to which the<br />
law may provide registration for<br />
that purpose.<br />
A mortgage over land does not<br />
extend to the buildings built upon<br />
such land by the mortgagor after<br />
the date of the mortgage unless<br />
there is a special clause in the<br />
contract. However, in any case,<br />
the mortgagee can have such<br />
buildings sold with the land, but he<br />
can exercise his preferential right<br />
only against the price obtained for<br />
the land. Mortgages over buildings<br />
built or constructed upon or<br />
under the land of another person<br />
does not extend to such land, and<br />
vice versa. Mortgage does not extend<br />
to the fruits of the mortgaged<br />
property except after the mortgagee<br />
has notified the mortgagor or<br />
the transferee of his intention to<br />
enforce the mortgage.<br />
To enforce a mortgage when the<br />
mortgagor defaults, the mortgagee<br />
shall notify the debtor by writing in<br />
advance to perform the obligation<br />
within a period of not less than 60<br />
days from the day that the debtor<br />
receives such notice. Otherwise,<br />
the mortgagee may bring an action<br />
to the court for a judgment ordering<br />
the mortgaged property to be<br />
seized and sold by public auction.<br />
If in case the mortgagor mortgaging<br />
property as security for the<br />
performance of an obligation by<br />
another person, the mortgagee<br />
shall deliver such notice to the<br />
mortgagor within 15 days from the<br />
date that the notice is delivered to<br />
the debtor. If the mortgagee does<br />
not proceed within such 15-day<br />
period, the mortgagor shall be<br />
discharged from liability in interest<br />
and compensation unpaid by the<br />
debtor, including charge accessory<br />
to such obligation incurring as<br />
from the date that such 15-day<br />
period expires.<br />
If there are no other mortgages or<br />
preferential rights registered on<br />
the same property, the mortgagee<br />
may bring an action to the court<br />
for the foreclosure of the mortgaged<br />
property in lieu of public<br />
auction if the debtor has failed to<br />
pay interest for 5 years and if the<br />
mortgagee has substantiated and<br />
satisfied the Court that the price<br />
of the property is lesser than the<br />
amount in arrears.<br />
When the mortgagee intends to<br />
enforce the mortgage against the<br />
transferee of a mortgaged property,<br />
the mortgagee shall notify the<br />
transferee by writing in advance<br />
for a period of not less than 60<br />
days in order to be entitled to the<br />
enforcement of such mortgage.<br />
Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT<br />
SOUTHEAST ASIAN<br />
BUSINESS ROUNDUP<br />
Myanmar-Singapore<br />
The Alliance for Microfinance in<br />
Myanmar Ltd, which is a Mandalaybased<br />
deposit taking microfinance<br />
institution, recently obtained an<br />
equity injection of US$5 million<br />
from their existing shareholders<br />
and a new investor, Asia Impact<br />
Investment Fund (AIIF).<br />
Alliance began operating in<br />
Myanmar in 2014, providing financial<br />
services and education to<br />
low-income households focusing<br />
on female entrepreneurs.<br />
Existing shareholders, Base of<br />
Pyramid Asia (BOPA), a Singapore-based<br />
equity investor in microfinance<br />
institutions, the Danish<br />
Investment Fund for Developing<br />
Countries (IFU), and Insitor Impact<br />
Fund of Insitor Management, participated<br />
in the latest investment<br />
round. Asia Impact Investment<br />
Fund I, is a joint collaboration between<br />
UOB Venture Management<br />
Pte Ltd, a subsidiary of United<br />
Overseas Bank Limited, and the<br />
Singapore branch of Credit Suisse<br />
AG.<br />
Alliance reached a gross loan<br />
portfolio of 64,120 active borrows<br />
and aims to promote financial<br />
inclusion around Myanmar by<br />
reaching a gross loan portfolio of<br />
US$36 million by 2019. Loan sizes<br />
can be from as little as $80 to as<br />
much as $4000.<br />
Myanmar has about 250 microfinance<br />
institutions, some of which<br />
recently received funding.<br />
Singapore<br />
Singapore-based venture capital<br />
fund Prestellar Ventures has<br />
committed an initial US$1 million<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
investment to solar products and<br />
Internet-of-Things energy company<br />
ThirdWave Power Pte. Ltd (TWP).<br />
In late July, Prestellar Ventures<br />
raised $100 million from four<br />
general partners with plans to invest<br />
in tech-enabled startups in<br />
South Asia and ASEAN working<br />
in hospitality, consumer, financial<br />
services, and rural products and<br />
services.<br />
TWP’s product range includes<br />
solar-powered low energy consumption<br />
lights, solar charging<br />
systems, including power banks<br />
as well as micro-grid batteries<br />
and inverters, and off-grid IOT<br />
solutions such as pay-as-you-go<br />
smart solar home systems.<br />
Indonesia<br />
The Asian Development Bank<br />
(ADB) has launched a US$1.1 billion<br />
funding support for the energy<br />
sector. The regional bank noted<br />
the support is composed of two<br />
loans, a $500-million policy-based<br />
loan (including $100 million from<br />
the ASEAN Infrastructure Fund)<br />
for the Sustainable and Inclusive<br />
Energy Program. The second is a<br />
$600 million results-based loan to<br />
the State Electricity Corporation<br />
(PLN), guaranteed by the Republic<br />
of Indonesia, which will boost<br />
access to sustainable and modern<br />
energy services in eastern<br />
Indonesia.<br />
ADB said Indonesia’s energy<br />
sector faces far-reaching and interrelated<br />
problems throughout<br />
the value chain, from the supply<br />
of primary energy to the distribution<br />
of electricity, leaving some 23<br />
million people lacking access to<br />
power.<br />
The $600 million loan to PLN<br />
forms part of a series of investment<br />
programs to enhance people’s<br />
access to sustainable and<br />
modern energy services, with a<br />
focus on developing the eastern<br />
part of the country as a new<br />
growth hub.<br />
Philippines<br />
Singapore-based venture capital<br />
firm Cocoon Capital, recognising<br />
the rapid improvement in the Philippines<br />
e-commerce space, has<br />
invested over US$629,700 in a<br />
seed round for local e-commerce<br />
startup Poundit, formerly YouPoundit.<br />
Founded in 2014, Poundit is an<br />
ecommerce site for electronics<br />
and accessories that has built<br />
partnerships with about 50 tech<br />
brands and authorized distributors<br />
including Sony, GoPro, ASUS, JBL,<br />
Harman Kardon, and Otterbox.<br />
BEST SUPERMARKET<br />
BEST SUPERMARKET<br />
North Pattaya Road<br />
(close to the Dolphin Roundabout)<br />
Logo for dark or black background<br />
Logo for light or white background<br />
Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT<br />
WHEN NOT TO IGNORE A HEADACHE!<br />
Most of the time, a headache isn’t<br />
an emergency. But in general, you<br />
should seek help if it’s the worst<br />
headache of your life, or if it’s<br />
severe and unlike others you’ve<br />
had before.<br />
Extend both arms (palms up)<br />
for 10 seconds. If one arm drifts<br />
downward, that indicates muscle<br />
weakness, a sign of stroke. Another<br />
test: With eyes open, lift<br />
each leg separately.<br />
An extreme headache can be the<br />
first sign that you have a cerebral<br />
aneurysm, which is a weak<br />
area in the wall of a blood vessel<br />
in your brain, and it has begun<br />
to leak. An MRI or CT scan can<br />
detect this problem. It requires<br />
immediate medical attention, and<br />
possibly surgery, because a leak<br />
might lead to a rupture, which can<br />
be life-threatening.<br />
A stroke - a decrease in blood<br />
flow to the brain due to a clot or<br />
bleeding - is a medical emergency.<br />
And doctors often say “time is<br />
brain,” meaning the quicker you<br />
get treatment, the less likely it is<br />
that your brain tissue will be permanently<br />
damaged. About 80% of<br />
strokes are due to a clot (ischemic<br />
strokes) and the rest are due to<br />
bleeding in the brain (hemorrhagic<br />
stroke).<br />
“There are treatments available<br />
for stroke that needs to be provided<br />
within the first 3-4 hours, such as<br />
clot-busting medications. That is<br />
why urgent attention is critical,”<br />
Trouble seeing or blurry vision<br />
Stroke can cause double vision,<br />
blurred vision or loss of vision in<br />
one eye.<br />
But it may not be as well recognized<br />
as facial weakness, arm<br />
weakness, and speech problems.<br />
When 1,300 people in the U.K.<br />
were asked what symptoms occur<br />
in stroke, only 44% knew vision<br />
loss is a strong indicator.<br />
Difficulty speaking or confusion<br />
When former Chicago Bears<br />
coach and Hall of Fame tight end<br />
Mike Dikta suffered what doctors<br />
told him was a “very minor stroke,”<br />
one of the symptoms he experienced<br />
was difficulty speaking.<br />
Dizziness or loss of balance<br />
If you are dizzy, nauseous or have<br />
trouble walking, people may think<br />
you’re intoxicated when, in fact,<br />
you’re having a stroke.<br />
Severe headache<br />
A sudden, severe headache, perhaps<br />
the worst you’ve ever had, is<br />
a common stroke symptom.<br />
One study involving 588 patients<br />
found people who experienced<br />
headache with the onset of stroke<br />
tended to be younger and have a<br />
history of migraine. Women were<br />
more likely to have a headache<br />
with stroke than men.<br />
Droopy face<br />
Sudden, one-sided facial weakness<br />
can be a sign of stroke.<br />
Emergency medical personnel<br />
will ask you to smile or show your<br />
teeth. If one side of your face sags<br />
or doesn’t move, that could mean<br />
you’re having a stroke.<br />
Fatigue or mental changes<br />
A recent study of gender differences<br />
in ischemic stroke, the type<br />
caused by clots, found that women<br />
having a stroke were more likely<br />
than men to experience general<br />
weakness, fatigue, disorientation,<br />
and change in mental status.<br />
If you would like more information<br />
on stroke or if you would like to<br />
speak to a specialist doctor then<br />
contact Phyathai Sriracha Hospital<br />
Neurology Center on direct international<br />
line no 087 – 100 – 0990<br />
or by email gavin@phyathai.com<br />
website www.phyathai-sriracha.com<br />
Stroke can impair the ability to<br />
express yourself or understand<br />
speech. One test: Repeat the<br />
phrase “You can’t teach old dog<br />
new tricks.” Are you slurring<br />
words, using the wrong words, or<br />
are unable to speak? If any one<br />
of these occurs, there’s a 72%<br />
chance you have had a stroke.<br />
Weak arm or leg<br />
When you’re having a stroke,<br />
it’s common for an arm or leg (or<br />
both) to suddenly go weak, numb,<br />
or to become paralyzed. Often<br />
the affected limb is on the side of<br />
the body opposite from where the<br />
stroke occurred in the brain.<br />
Gavin Waddell<br />
Phyathai Sriracha Hospital<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
BUSINESS FOR SALE<br />
LOUNGE, RESTAURANT & ACCOMMODATION<br />
PROPERTY DETAILS:<br />
- Ground floor: 400 sqm. with bar area,<br />
seating and sea front terrace.<br />
- 6 Sea view rooms (65 sqm.)<br />
with balconies and separate entrance.<br />
- All nicely decorated with<br />
modern furnishings.<br />
- Roof terrace with 80 sqm. of seaview<br />
Sale Price:<br />
2.5MB<br />
................<br />
PHONE: 08 4677 4360<br />
(A Partnership in this business for 1.35 MB<br />
or Full Rental Option available.)<br />
Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT<br />
Expanded organic farming keeps the freshness for<br />
&<br />
When the Business Supplement first started informing readers about the<br />
Toscana Italian and Moom Talay Thai restaurants, located side-by-side on Beach<br />
Road in central Pattaya, we initially took some time out to cover the two organic<br />
farms operated by Luca Marchetti and his Thai wife.<br />
What makes Toscana and Moom Talay<br />
stand out from their competitors in terms<br />
of food is simply that the vast bulk of<br />
the produce which is carried through the<br />
doors of these two places comes from<br />
their two almost pristine farms in the eastern<br />
reaches of Pattaya.<br />
The first of the farms sits in the shadows<br />
of the noted Khao Din temple, between<br />
the Charknok and Mabrachan reservoirs,<br />
and is solely devoted to growing the vast<br />
quantity of vegetables required by Toscana<br />
and Moom Talay.<br />
Covering an area of around 5,000 square<br />
metres, and with a house on the site, it has<br />
two full-time Thai staff employed to plant,<br />
water and generally cultivate the vast<br />
rows of spinach, onions, celery, mustard,<br />
parsley, rocket, beans and other vegetables<br />
which make it onto the plates and into<br />
the soups in Moom Talay and Toscana.<br />
Luca Marchetti grew up on a farm in the<br />
mountains to the north of Tuscany, so<br />
he knows what it takes to run a rustic<br />
operation. For example, after much<br />
experimentation, Luca found the<br />
only place on the farm where<br />
rosemary would grow.<br />
Much of the produce, especially the tomato<br />
plants, which take two to three<br />
months to grow to maturity, are protected<br />
from the worst of the elements by strong<br />
UV-plastic covering.<br />
The vegetable patches are rotated on a<br />
regular basis and a brace of free-range<br />
chickens put added manure into the soil,<br />
to help with regeneration of precious<br />
minerals.<br />
Luca refuses to use any chemicals on his<br />
produce, preferring nature and nurture to<br />
provide the necessary abundance to keep<br />
the restaurant tables well stocked.<br />
The organic animal farm is situated in<br />
Huay Yai and spreads over 10,000 square<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
metres, employing around eight staff to<br />
feed and care for a wide variety of creatures,<br />
from pigs, goats and rabbits to<br />
chickens, ducks and geese and, now, a<br />
clutch of Angus-Brahman cows.<br />
Luca’s central policy on the farm is to let<br />
nature take its course. As Luca says, “We<br />
do not use antibiotics for the animals. If<br />
they die, they die.”<br />
One major change in recent times has<br />
been to raise the cages for the chickens<br />
and fowl off the ground. This lets the<br />
manure filter through the flooring and fall<br />
to the ground, leaving the cages cleaner<br />
and has, not surprisingly, led to a marked<br />
reduction in fatalities.<br />
The number of pigs stocked by the farm<br />
has increased markedly over the last 18<br />
months or so. The pigeons have been<br />
moved to a new location and in their place<br />
a whole new set of pig pens have sprung<br />
up and include South African ‘Boer’ pigs,<br />
which Luca says provide good meat. All up,<br />
Luca has around 500 pigs and wild boars,<br />
500 sheep and 500 goats. Luca considers<br />
goat meat more filling and tasty than lamb.<br />
There are 14 incubators and from these<br />
Luca is able to produce all the daily requirements<br />
for his restaurants for chicken,<br />
duck and quail eggs. There are also plenty<br />
of eggs left over to provide the basis for the<br />
next generations of fowl on the farm.<br />
The farm is home to a variety of<br />
ducks, including Mallard and<br />
Muscovy, and geese as well as<br />
an ever-wider variety of chickens<br />
than previously. Apart from the Leghorns,<br />
Rhode Island Reds, Australorp<br />
(from Australia) and breeds from Germany<br />
and Russia, Luca recently added<br />
a Czech strain.<br />
As Luca stated when we first toured<br />
his farms, “How could I promote my<br />
food in my restaurant if I didn’t<br />
know where it came from?”<br />
While it involves an enormous amount of<br />
time and effort, the results are evident in<br />
the high esteem accruing to both Toscana<br />
and Moom Talay.<br />
Trattoria Pizzeria TOSCANA Restaurant<br />
and the Moom Talay Thai Restaurant are<br />
located on Beach Road, Pattaya (between<br />
Soi 6 and Soi 7). Telephone: 038 362 370;<br />
Fax: 038 362 371;<br />
email: tirreno@ptty2.loxinfo.co.th<br />
For reservations: Phone 081 861 3446.<br />
Trattoria Pizzeria Toscana<br />
Moom Talay Thai Restaurant<br />
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Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT<br />
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Reservations: 081-861-3446<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT<br />
GREEN IS GO!<br />
at<br />
Collingbourne<br />
Auctioneers<br />
PATTAYA<br />
You can now buy items that have a<br />
GREEN STICKER<br />
on week days.<br />
To see the auction live and to book in online, visit<br />
JUST THE STATISTICS<br />
While bar charts, line graphs and<br />
simple numbers are hardly capable<br />
of providing the defining answer<br />
to many economic, social and political<br />
questions, they are certainly<br />
a good way of obtaining a general<br />
overview of any particular subject.<br />
Each month the Business Supplement<br />
will look into a brace of<br />
statistical information and provide<br />
readers with what we consider to<br />
be the central elements of these<br />
figures. Readers are encouraged<br />
to dig deeper for greater perspective.<br />
English Proficiency<br />
The Education First English Proficiency<br />
Index ranks 72 countries<br />
and territories based on data obtained<br />
by testing approximately<br />
950,000 adults online who are<br />
prepared to take tests in English.<br />
The scores are grouped into five<br />
proficiency bands with very high,<br />
which is above 60 to very low, a<br />
score of 48 or under.<br />
Thailand ranked a low 62nd in<br />
2015, with a score of 45.35, but<br />
managed to improve marginally,<br />
to 56th place, in the 2016 series,<br />
scoring 47.21. When it comes to<br />
comparing Asians with Asians,<br />
Thailand ranks 15th, behind that<br />
perennial winner Singapore,<br />
which had a 63.52 score, Malaysia<br />
with 60.70, the Philippines, Vietnam<br />
and Indonesia.<br />
The latter pair are probably a<br />
cause for some concern since<br />
both represent real competition<br />
in terms of attracting tourists and,<br />
especially, business.<br />
The Economy of the Future<br />
In January this year the Business<br />
and Sustainable Development<br />
Commission released a list of<br />
what it called the 12 largest business<br />
themes in a world heading<br />
for the UN Sustainable Development<br />
Goals.<br />
Email: ben.hightowerltd@gmail.com<br />
With increasing strains being<br />
placed on resources and the environment,<br />
it is clear Asia needs<br />
to join the global drive aimed at<br />
cleaner and sustainable economic<br />
activity.<br />
Not surprisingly, technology in<br />
the form of mobility systems was<br />
identified as the clear leader on<br />
the list, with the next five on the<br />
table being new healthcare solutions,<br />
energy efficiency, clean<br />
energy, affordable housing, and<br />
circular economy manufacturing.<br />
The last six were healthy lifestyles,<br />
food loss and waste, agricultural<br />
solutions, forest ecosystem<br />
services, urban infrastructure<br />
and buildings solutions.<br />
The Internet of Things<br />
Businesses, governments and<br />
consumers are all engaged in using<br />
the Internet of Things, or IoT<br />
as it is now termed, and just about<br />
everyone agrees it will transform<br />
our lives.<br />
The IoT is expected to be worth<br />
around US$13 trillion by 2025<br />
and there will be an astonishing<br />
24 billion IoT devices installed by<br />
2020. The breakdown of these<br />
numbers will see governments<br />
having 7.7 billion devices installed<br />
by 2020, while businesses will have<br />
11.22 billion devices installed and<br />
private consumers around five<br />
billion.<br />
These devices will see a return<br />
on investment of about US$4.7<br />
billion for governments and $7.6<br />
billion for business by 2025.<br />
The biggest spending in the IoT<br />
up until around 2025 will come<br />
on application development, just<br />
ahead of device hardware and<br />
system integration.<br />
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open from 11 a.m. till 8 p.m.<br />
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Yen weakness ensued to push the cross rate<br />
to above 112.57 with a subsequent range of<br />
111.80 to 112.20 being set. (When the Japanese<br />
Yen becomes less expensive, the more<br />
Yen can be bought with the dollar so the exchange<br />
rate moves up on Yen weakness). This<br />
move comes amid a re-ignition of the risk-on<br />
trade that saw global stock markets rise during<br />
the latter part of September. Against the Thai<br />
Baht the Yen fell from its range of 0.3003 to<br />
0.3044 to sit at 0.295, its lowest level since<br />
December 2015.<br />
FOREIGN CURRENCY UPDATE<br />
The US Dollar has fallen again from what appeared<br />
to be a range-low in the previous month.<br />
The DXY Dollar index, (an index that measures<br />
the dollar’s strength compared to a basket of<br />
other currencies), dropped to a low of 90.8 from<br />
the previous bottoming out formation at around<br />
93, to recover back to 92.2. This marks a loss<br />
of nearly 10% for the year for the greenback.<br />
Against the Thai baht, the US Dollar has leveled<br />
off but is still lower at 33.06 from 33.28 previously.<br />
The British pound has had a volatile time but<br />
has built on gains from the previous high at<br />
1.3220 to move up to a high of 1.3667 before<br />
settling at around the 1.3440 mark. Plenty of<br />
news has buffeted the currency around including<br />
the Bank Of England minutes, the Federal<br />
Reserve meeting and various Brexit activities.<br />
Against the Thai Baht the rise was no less broad<br />
based with the Pound moving from 42.73 to hit<br />
a high of 44.93 before resting at 44.63. Expect<br />
the spread at currency exchange booths to be<br />
wider due to continued volatility.<br />
The USD/JPY cross rate reversed its fall from<br />
the recent downtrend, but only after hitting a<br />
low of 107.32, after which a strong period of<br />
The Russian ruble strengthened from 58.8 to<br />
the USD to move to 57.40. It is still far away<br />
from the 34 level seen 3 years ago but it appears<br />
to be slowly regaining ground. Against<br />
the Thai baht, the previous range of 0.556 to<br />
0.562 over the last few weeks has been tested<br />
to the upside with the Ruble at one point fetching<br />
a high of 0.584 Thai Baht, before slipping<br />
back to 0.575 which still represents a reasonable<br />
gain.<br />
There were several high profile bankers suggesting<br />
that the Euro would hit 1.20 to the<br />
USD by the middle of next year but it has<br />
already broken through this level and beyond<br />
to hit close to 1.21 before finding a footing<br />
following the German elections at around the<br />
1.<strong>17</strong>90 to 1.1950 range. At the ECB, Mario<br />
Draghi’s comments were overall quite ambiguous<br />
but the currency markets reacted with<br />
a Euro buying binge nonetheless. Against the<br />
Thai baht the Euro put on a nice gain rising<br />
from 39.07 to hit a high of 40.02 before settling<br />
in the 39.10 to 39.67 range.<br />
High Tower Co., Ltd. Tel: 038 411 009<br />
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BUSINESS SUPPLEMENT<br />
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www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT<br />
SUDOKU<br />
These Sudoku puzzles are pitched at a middle level: not too easy,<br />
and not too frustratingly hard, for the average person.<br />
We will publish the solutions in next month’s issue.<br />
Last months sudoku answers<br />
ACROSS<br />
CROSSWORD<br />
1. Sentiment (7)<br />
5. Short sleep (3)<br />
6. Teeth on the rim of a wheel (3)<br />
8. Percussion instrument (9)<br />
9. Floor covering (3)<br />
10. Units of Time (7)<br />
DOWN<br />
1. Unpleasant (9)<br />
2. Urge (7)<br />
3. Beginning (9)<br />
4. Forestalled (9)<br />
7. Ostler (5)<br />
TRIVIA Quiz<br />
1. Who was the most successful of the British air aces in<br />
World War One, downing 44 German planes?<br />
2. Who was the first man to fly over both the North and<br />
South Poles?<br />
3. In what year did the Hindenburg catch fire in New Jersey<br />
and crash?<br />
4. ‘Just like the old man in the book by Nabakov’ is a line from<br />
which Police hit song?<br />
1<br />
2 3<br />
4<br />
5. Which country was created by the Lateran Treaty of 1929?<br />
6. With which major conflict would you associate Tim Page,<br />
Jon Swain, and Neil Davis?<br />
5<br />
6 7<br />
7. The biography Plain Speaking is about which 20th century<br />
US President?<br />
8. Which Roman writer penned a series entitled ‘Lives’, potted<br />
biographies of famous Greeks and Romans?<br />
9. Is the Sea of Galilee to the north or south of the Dead Sea?<br />
8<br />
10. Which city has hosted two Summer Olympic Games closest<br />
together in time?<br />
9<br />
Answers<br />
1. Albert Ball VC 2. Richard Byrd 3. 1937 4. Don’t Stand So Close To Me 5. Vatican City<br />
6. Vietnam War (Second Indochina War) 7. Harry Truman 8. Plutarch 9. North<br />
10. Paris (1900 & 1924)<br />
10<br />
CROSSWORD ANSWERS<br />
ACROSS 1. Opinion 5. Nap 6. Cog 8. Xylophone 9. Mat 10. Seconds<br />
DOWN 1. Obnoxious 2. Impulse 3. Inception 4. Prevented 7. Groom<br />
For information on the PATTAYA BUSINESS SUPPLEMENT Contact High Tower Co., Ltd. Tel: 038 411 009 - 089 249 2778<br />
*The Pattaya Business Supplement is published by High Tower Co., Ltd.
BUSINESS SUPPLEMENT<br />
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Email: ben.hightowerltd@gmail.com<br />
www.Thailand-Business-Supplement.com
MAKE SURE YOUR BUSINESS<br />
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T: 038 411 009, M: 084 677 4360 (EN), 064 794 5600 (TH), E: Hightowerpattaya@gmail.com