PTY BU SUP September18

businesssupplement

FREE

COPY

VEKA uPVC WINDOWS AND DOORS

- FEEL THE DIFFERENCE

Cover Story Overleaf

INSIDE THIS ISSUE:

Southest Asia Business Roundup

Social Commerce Driving E-commerce Market To New Highs

Buying An Existing Business In Thailand

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BUSINESS SUPPLEMENT

Cover Story

VEKA uPVC WINDOWS AND DOORS

- FEEL THE DIFFERENCE

ARC is a company which has for a long

time had a substantial ‘footprint’ in the Pattaya

business landscape and its VEKA windows

and doors arm is probably its most potent

in terms of customer awareness.

VEKA offers a range of window and door

installation options for potential customers,

from the highly-rated uPVC windows

and doors with Insulated Glass Units (IGU)

with standard double-glazing to options

with noise (laminated) and heat reduction

(LowE).

While the latter may be the most expensive

initially, over the longer term uPVC

windows and doors usually prove to be

hard-wearing and certainly superior in terms

of energy efficiency, thereby helping to reduce

power bills and thus resulting in longterm

savings.

While aluminium is the cheapest initial

option for installation in a house or condo,

it is the least efficient when it comes to energy

efficiency. Of course, sometimes it’s the

only option for people whose budget cannot

stretch to either timber or uPVC.

Timber is aesthetically pleasing in most

cases, at least at the beginning of installation.

It’s a material which is readily available

and initial costs are fairly low. Timber is easily

worked and its appearance and feel are

hard to beat. It also offers a reasonable degree

of insulation.

The negative for timber is that if it’s not

maintained properly, as it ages it can become

unsightly and, depending on how

much exposure it has to Thailand’s harsh

weather environment, it may start to warp.

VEKA recommends uPVC above aluminium

and timber for sensible reasons, not the

least of which is the long-term energy savings

despite the initially higher expense.

For example, let’s say your property

needs the installation of five windows.

On average, one uPVC window will save

around 2.2 kilowatts per day, so five will

save around 11kw per day. While rates vary,

the cost of electricity is between three and

4.5 baht per kilowatt, so the saving per day

could be anything up to 49 or 50 baht. That’s

close to 1,500 baht a month, so it’s not hard

to see that within a couple of years or less,

the long-term savings outweigh the initial expense

of installing uPVC windows and doors

rather than aluminium or timber.

As well, uPVC reduces the impact of

heat and noise pollution, which is definitely

a factor of life in Thailand. VEKA recommends

the use of uPVC windows and doors

with LowE glass, as this blocks most of the

long-waved radiant infrared energy, which

helps keep the heat on the side of the glass

where it originated, thereby helping to keep

the interior cooler.

As for sound reduction, laminated glass

is used to increase the sound insulation of a

window. A special ‘acoustic PVB’ compound

is used for the interlayer and this improves

the sound attenuation compared to non-laminated

glass panes of the same thickness.

Another advantage of the uPVC windows

and doors with laminated glass is that they

hold together better if shattered, thus making

them more burglar resistant.

VEKA windows and doors can be contacted

via their advertisement in this magazine

for a no-obligation free quote.

They can be contacted at

081-377 4941 (EN)

info@arc-windows-doors.com

www.arc-windows-doors.com

High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

THAILAND BUSINESS NEWS

AIS AND DTAC SECURE MOBILE

LICENSES FOR BT12.5BN EACH

Total Access Communication Plc known by its

users as DTAC, and Advanced Info Service Plc.,

AIS, successfully secured licenses in Thailand’s

largest spectrum auction.

The licenses were for single 1,800 MHz operations

and both companies paid 12.5 billion baht

each for the permits. DTAC is Thailand’s third largest

operator whilst AIS is the country’s largest. The

notable absence was True Corporation who decided

to sit out of the auction.

AIS is expected to use the new license to bolster

its number one position, whilst DTAC will use

its license to cover expiring concessions. Veeravat

Virochpoka, an analyst at Finansia Syrus Securities

Plc in Bangkok, was quoted as saying, “More

spectrum enables Total Access to offer a smooth

transition when concessions expire,” adding, “Otherwise

subscribers may flee to rivals. Advanced

Info can market itself as having greater bandwidth.”

Nine licenses were up for auction and only

these two were sold.

MODERNFORM FURNITURE

MAKER REDUCES REVENUE

OUTLOOK

Modernform Group Plc, a SET listed company,

has reduced its growth target down from fifteen

percent to just ten percent citing a slow market for

home furniture especially for the condo market.

Chief executive Thaksa Busayapoka was

quoted as saying, “The condo market has slowed,

particularly in the lower-end segment,” adding,

“This significantly affected the overall furniture

business, including ours.”

At the same time office furniture sales grew

with co-working spaces cited as a hotspot.

Office furniture matched the residential sector,

both accounting for about forty per cent of sales

each. The remaining twenty percent of business

was from the interior decorations market.

The first half saw slower growth but the company

is confident of exceeding last year’s sales

overall.

Mr. Thaksa was also quoted as saying, “Performance

in the second half will be higher than in

the first half as it is the high season for furniture

sales,” adding, “The period will see a large number

of residential projects completed and units transferred.”

NEW CENTRAL PHUKET

SHOPPING CENTER TO OPEN

THIS MONTH

Central Group’s development division, Central

Pattana Plc will be opening its latest shopping

complex this month.

Central Phuket will open its doors on the 10th

September. It is an extension of the existing Central

Festival Centre and so its location is already

well placed. The expansion cost 20 billion baht

and aims to give tourists a fantastic high-end

experience. The complex is situated on 111 rai

of land and spans two buildings providing some

400,000 square meters of floor space. This makes

it the biggest such retail center in Phuket and the

South of Thailand.

New luxury shops and restaurants will ensure

Central Phuket helps maintain the island resort’s

position as a prime world destination, rivaling other

famous places such as Hawaii and the French

Riviera.

Other attractions soon to be opened in the

complex include an aquarium, a 3D virtual fantasy

area and a theme based indoor market.

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Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


BUSINESS SUPPLEMENT

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Email: Ben.HighTowerLtd@gmail.com

According to the most recent

report by the Electronic Transactions

Development Agency

(ETDA), the market value of business-to-consumer

(B2C) e-commerce

in Thailand stood at 778.3

billion baht in 2017, the highest in

Southeast Asia, and is expected to

rise by around 8.5 percent to more

than three trillion baht this year.

The top three sectors with the

highest value during 2017 were

wholesale/retail trade, accommodation,

and manufacturing. The

wholesale/retail trade was worth

more than twice that of manufacturing

in 2017.

Breaking the figures down further,

the value of business-to-business

(B2B) e-commerce stood at

1.6 trillion baht in 2017 and business-to-government

(B2G) was

worth 324.7 billion baht. This

means that B2C e-commerce accounted

for 29 percent of e-commerce

value.

In an effort to capitalize on

the e-commerce ecosystem, the

ETDA is engaged in developing

two major projects designed to

help local operators upgrade into

the global marketplace.

The ETDA approached the AliBaba

Group earlier this year to

help local e-commerce operators

access the Tmall platform. Tmall

claims it is the world’s largest

e-commerce platform.

In the first phase of their joint

operations, the ETDA is hoping

to promote 15 Thai e-commerce

brands into the top 100 in the

market. As well, the ETDA wants

to promote a number of five-year

small to medium enterprises

(SMEs) onto the Tmall platform by

the end of the year.

At this stage, the most popular

Thai categories for Chinese customers

on Tmall are agriculture,

cosmetics, healthcare and spa

products.

Internally, the ETDA signed a

memorandum of understanding

with Srinakarinwirot University

whereby the pair will establish

an e-commerce park to support

e-transaction activities. The park

will play a key role in promoting

the e-commerce ecosystem as

well as providing support for entrepreneurs,

SMEs, manufacturers

and service providers.

The e-commerce park will be

a training centre for e-commerce

knowledge exchange and holding

workshops for students, entrepreneurs

and SMEs. The directorship

of the ETDA has been quoted as

saying they aim for the e-commerce

park to help 10,000 people

create 1,000 SMEs within five

years.

The ETDA has previously

signed a memorandum of understanding

with the Dongguan China

Council for the Promotion of International

Trade. As the ETDA admits,

promoting Thai e-commerce

globally, especially into China, the

United States and Europe is challenging.

In 2018, e-commerce is expected

to trend towards a big data

approach in relation to personalization

for shoppers, social commerce,

blockchain and artificial

intelligence.

High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

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Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


BUSINESS SUPPLEMENT

IS ‘CLOUD COMPUTING’

FOR YOUR BUSINESS?

The term “cloud” is simply a metaphor

for the Internet. All your small business

needs to access cloud computing

is a browser and Internet access. At

the foundation of cloud computing are

online infrastructures that deliver services

through shared data centers.

Cloud computing gives your business

a single point of access for your computing

needs. Even governments are

considering the cloud as part of its IT

infrastructure to reduce spending.

Cloud Computing Saves Money for a

Small business

Without a doubt, cloud computing

can save your business money. Cloud

computing sets your business free

from all the expenses of operating an

IT department. The costs you pay for

the bank of servers, the backup issues,

software purchases, human resources,

training, implementation and upgrades,

and protecting valuable data can be a

thing of the past. Your business invests

substantial capital in information technology,

just to stay competitive. Cloud

computing changes all that. Here are

the features of cloud computing with its

advantages, disadvantages, and examples

for small business.

How Cloud Computing Works for

Small Business

Today your business data sits on

your servers down the hall. With cloud

computing, you do away with the on-site

technology. You avoid hardware costs

and software costs, staffing and training,

and you reduce overhead. With

the cloud, what you get instead is computing

power on demand, a wide array

of applications, communications, data

backup and recovery and state-of-theart

security. Plus, cloud computing offers

you immediate scalability for peak

business times. Cloud computing frees

up capital for your business. With cloud

computing, information technology is

a utility, like electricity and telephone

service, available when you need it and

as much as you need. Your business

is unique, and cloud computing offers

customized options to put you ahead of

the pack. Cloud computing is all about

saving money for your business.

10 Benefits of Cloud Computing for a

Small Business

1. On the cloud, your information

technology is independent of your location.

2. You don’t have to installl a software

package on each user’s computer.

The tools you need are sitting on the

web, and available for use 24/7. Entire

business applications have been coded

for the web in languages like AJAX.

3. You pay for only what you need,

when you need it.

4. Your business uses shared resources

from a central source,

5. The capacity for peak loads when

you need it (elasticity)

6. No expenses for under-utilized

capacity,

7. Improved reliability with redundant

sites

8. Improved state-of-the-art security

“Bits n

Bytes”

9. Cloud computing is eco-friendly,

“green” computing. Data centers can

be located in areas of natural cooling

and drenewable electricity.

10. Resources are used more efficiently

in a shared cloud environment.

5 Drawbacks to Cloud Computing

for Small Business

1. Cloud computing still depends on

a physical data center somewhere else.

2. It poses basic privacy concerns,

because the service provider can also

access you data on the cloud. They

could accidentally affect the integrity of

the data.

3. Government agencies will have

easy direct access to data that is stored

on the cloud.

4. Your cloud providers could close

up for financial or legal reasons, or fail

to provide the level of service required.

5. Your business depends on the

security of cloud services. In 2009, a

banking trojan illegally used the popular

Amazon cloud computing service to

infect PC’s with malware.

STEVE DICKENS

Examples of Cloud Computing for

Your Small Business

Here are useful examples of cloud

computing for your small business.

Does your business use email services

on the cloud? Perhaps your email

provider is GoogleMail, Yahoo Mail or

Microsoft Hotmail. Does your business

store files on the Internet: files containing

videos, photos, music or documents

on services like Microsoft’s SkyDrive or

Apple iCloud? These are all instances

of cloud computing for business.

Google Docs is a popular suite of office

software, with word processing

and spreadsheet applications, that is

accessed on the cloud. The ultimate

business service is a virtual cloud computing

environment running custom

applications. Do you use Amazon Web

Service, AWS, to deploy your data?

Any one of these examples of cloud

computing would very likely save your

business money. Grab the cloud now!

LIBERTY COMPUTERS PATTAYA (Est. 1997)

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from B31,000 New Pc’s, PC repairs, CCTV and security systems

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www.libertycomputers.asia

High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


BUSINESS SUPPLEMENT

GETTING A TOURIST

VISA FOR YOUR THAI

PARTNER TO VISIT

YOUR HOME COUNTRY

DON’T

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High Tower Co., Ltd. Tel: 038 411 009

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ben.hightowerltd@gmail.com

It is fast approaching the time

of year when we start thinking

about Christmas and spending

time with our nearest and dearest.

Many expats in Thailand

choose to head home for the holidays

and plan to take their partners

with them.

If you are planning to take your

Thai partner back to your home

country for a visit within the next

few months then you need to start

collecting your documentary evidence

now.

One of the main criteria that

the entry clearance will look for

is proof of a genuine relationship,

so prepare as many documents to

help with this as you can.

If you live in Thailand together

you can provide joint rental

agreements, or your name listed

in a yellow tabian baan at your

partners home, correspondence

for you both going to the same

address, photos together at your

home.

If you don’t live together then

you should provide evidence of

regular dates and meetups and

phone call/text message proof of

contact.

If you have a contract phone in

Thailand then your provider may

be able to ask your telephone

provider for an itemised bill. If

you use Facebook Messenger or

Whatsapp or LINE app to contact

your partner then you can check

the information on our website

for details of how to download

the messages - https://www.keyvisathailand.com/how-to-proveyour-relationship/

Your partner should also supply

details of any land or business

he/she owns in Thailand or if they

have a regular job confirmation

from their employer that their job

will be kept open for them on their

return.

If you are living together in

Thailand it may be slightly easier

to convince the entry clearance officer

of intent to return but this is

not always the case so make sure

that you have enough documentary

proof also.

If you are living overseas and

your partner is living in Thailand,

then you will need to provide evidence

of your previous meetings

and contact when you are overseas.

Again, you can use the information

on our website to help

to prove that you are in a genuine

relationship.

If you met your partner online,

then the situation is more complicated

and we recommend that

you contact the Key Visa office for

advice.

Spending Christmas or any

time of year back in your home

country with your Thai partner is

a great way to grow your relationship,

whether or not you intend to

live there full time.

Being in a different country

shows a different side of people’s

characters which is sometimes

good and sometimes bad. It is

best to find out early how well your

Thai partner copes with travelling

and adapts to spending time in a

different culture.

Read Online At

www.thailand-business-supplement.com

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

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BUSINESS SUPPLEMENT

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High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

BUYING AN EXISTING

BUSINESS IN THAILAND

Buying a business in Thailand

involves a huge amount of money,

so the legal and financial aspects

of buying a business are extremely

important. It is recommended

to seek legal assistance and have

a competent lawyer and accountant

perform due diligence on the

existing business you plan to take

over. It may provide considerable

benefits over starting a new business.

An existing business already

has an established customer base,

an established location, inventory

and suppliers, trained employees

and a reputation in the market; you

only have to improve or keep up on

what has already been achieved.

When you take over a business,

you absorb the people already in

place and it takes time to get rid

of the poor performers. However,

the new owner may struggle to implement

changes because the policies

and procedures are already

in effect. The financial statement

of the existing business somehow

helps to establish a value for the

company. The company may show

significant receivables on the balance

sheets but question is whether

these can actually be collected

or will eventually be written off as

bad debts.

BY: MAGNA CARTA LAW OFFICE

When you are looking to take

over an existing business, it is beneficial

to address the current business

owner these significant concerns

for your assessment:

• It is important to ask for all

the documentation that can help

you confirm the revenue history of

the business. This will give you a

clear idea of how the business has

been doing over the past years.

You may also want to find out how

much money has been flowing in

and out of the business on a daily,

weekly, monthly and yearly basis.

Proper accounting of the expenses

and revenues will give you a good

idea of the potential profitability of

the business.

• You need to be aware of any

impending legal responsibilities

associated with the business. Find

out whether the existing owner is

aware of any past, current or potential

legal disputes related to

the business operations. Find out

if the business has any contract

disputes, employment disagreements,

leasing issues, or government

regulation issues.

• The business owner needs to

provide a financial record of assets

and liabilities of the business. Find

out what the business owns,

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On the other hand, starting a

business involves taking a lot of

risks. Many new companies fail,

having to deal with many uncertainties

especially regarding the

profitability and customers’ response

to the company’s products

and/or services. But you have to

consider that when you start a new

company, you will be in full control

and will be able to develop the

business according to your own

specifications. You can gather your

own management team as you can

have the freedom to select the best

people you can find and those who

can work well with you and as a

team.

and what the business owes. Do

the assets outweigh the liabilities?

Is the owner aware of any financial

assets or liabilities that do not appear

in the company’s records?

• It is necessary for you to obtain

from the business owner a

copy of any written contracts entered

into by the business so you

can be aware of all contractual obligations.

• The business owner must be

required to produce evidence that

the business is properly registered

with the government agencies in

the district in which it operates.

Ask the business owner for copies

of all documents related to government

taxes, which include tax returns,

tax ID numbers, and more.

a note of when your passport is

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


BUSINESS SUPPLEMENT

THE SPORTSMAN PUB

AND RESTAURANT

CONTINUES ITS

WINNING FORMULA

The Sportsman Pub and

Restaurant, located in Soi 13, between

Beach Road and Second

Road, is one of the longest-running

British-style bar-restaurants

in Pattaya and among a long list of

reasons for its success are making

sure the food is top quality and portion

sizes are more than ample.

Staff attentiveness, hands-on

management, and ambience as

well as regular promotions add to

its success and it’s no surprise it

rates extremely highly on the Trip

Advisor website.

The Sportsman may well be

classified as a British pub, but its

fare is sufficiently variable that it

attracts diners from all corners of

the globe and they recently Introduced

an all new food and beverage

menu.

While keeping some of the traditional

favourites, they’ve added a

few new exciting dishes including

‘Jumbo Meatballs’, bacon wrapped

pork and apple meatballs served

with mashed potatoes, garden

or mushy peas and gravy, ‘Pizza

Toastie’, with salami, cheese, tomato

sauce and peppers toasted

on white or brown bread and

‘Chicken and Pepper Tortilla Wraps’

with cheese and ranch dressing to

name just a few.

New beverage items added

to our ‘Healthy Option’ section to

start your day the healthy way include

cucumber apple and lime

and wheatgrass and pineapple. For

those hot summer days, we’ve added

a ‘Frosties’ selection introducing

iced cold lime blizzard, pineapple

blizzard, melon blizzard and blueberry

blizzard.

Little John’s

395ß

199ß

All you can eat

Traditional English

Breakfast including

Toast, Juices and

Coffee/Tea

12.00 p.m. - 9.00 p.m.

Small roast dinner also available at 199 Baht per plate

7.00 a.m. - 2 .00p.m.

From

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4.00 pm

- 9.00 pm

Plated

dinners

Daily

Carvery

199

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Children under 8 eat for FREE - with each paying adult

All the latest

sports on show

Walking Street

Beach Road

Jomtien Beach 2nd Road

Exciting

new menu

2nd Floor

- Function room and sports

room available for your

special event or day

- Great selection of

imported draught and

bottled beers

- Selection of Daily

UK Newspapers to read

High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

The Sportsman’s new cocktail

menu with a buy one, get one free

offer is now available to both ladies

and men, but only on a Friday after

6:00pm and includes eight different

choices from the Bloody Mary to

the Singapore Sling.

There are three key days that

feature meal specials. On Wednesdays

the daily special is a burger

and chips, with a San Miguel for

just 195 baht, available all day and

all night.

On Fridays the food special is

an all-you-can-eat pizza, pasta,

salad buffet, available between

6:00 and 10:00pm, for just 249 baht

per customer.

On Sundays, the all-you-caneat

carvery, long-established, is

priced at just 450 baht, available

between 12:30pm and 8:30pm.

The carvery is often rated among

the best in Pattaya with a choice of

two soups, five roast joints, a special

steak and kidney pie, Yorkshire

pudding, and all the other elements

that one would expect of a proper

British carvery.

On the other four days the pub

promotes drink specials. On Mondays

the special features pints of

Heineken at 99 baht, all day and all

night; Tuesdays are pints of Guinness

at just 180 baht, again, all day

and all night; Thursday’s special is

Tiger Draught pints for 99 baht and

on Saturdays the special is pints

of Thatchers Gold draught cider at

160 baht.

Thursday also sees The Sportsman

weekly free-entry quiz starting

at around 9:00pm. There is a free

(Bowmans) pie and chips for all

contestants at the end of the fun

quiz, and a rollover jackpot question.

Everyone is welcome, and you

can either set up your own team, or

join in with another group.

There is a good quality pool table

and now eight large wall-mounted

TVs located in good viewing locations

showing all sports as well

as news channels.

Finally, their outside catering

division has been enhanced with

special catering packages for any

size party. Just visit www.partyfoodpattaya.com

for more information.

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At a seminar run by a National

Legislative Assembly committee

on religion, culture and tourism,

it was strongly suggested that all

tourists to Thailand should have

adequate travel insurance to cover

expenses arising from accidents,

common hazards and other

possible instances where a claim

may be required. Examples may

be motorcycle and scooter hire

and car hire but should be extended

to more risky pursuits such as

scuba diving, jet skiing, boating,

trekking, and mountain climbing.

The plan that is being floated

is to make travel insurance mandatory

for all visitors to the Kingdom

in order to reduce the load on

the country’s tourist compensation

fund which has paid out a great

deal of money recently due to

boating tragedies in Phuket. The

fund is in danger of being completely

depleted.

Tourism and Sports Minister

Weerasak Kowsurat backed the

proposal that would see all visitors

to Thailand require travel insurance

as a condition of entry.

This would help to appease

Chinese tourists who have been

hesitant to come to the country

after hearing news of the unfortunate

boating accident involving

the Phoenix tourist boat which

sank in Phuket in July, causing

47 deaths. Following the tragedy

many tourists cancelled their travel

plans to Phuket.

The president of the Association

of Thai Travel Agents, Vichit

Prakobkosol, was quoted as saying,

“Chinese tourists have cancelled

bookings made for July, August

and September,”adding, “The

cancellations have damaged the

tourism business on the Andaman

coast.”

The governments own tourist

compensation fund had already

paid out around 60 million baht in

relation to the Phoenix accident

and was in danger of going broke.

These payments were made on

top of insurance claims.

Mr. Kowsurat was quoted as

saying, “Safety cannot be comprised,”

adding that any tour company

that does not follow safety

procedures would face the consequences.

Many Western tourists who

come to Thailand already have

travel insurance, however there

are policies that have limited payouts

or high excesses, so it may

be just a case of ensuring that

coverage is adequate.

Another plan floated was to

make available GPS trackers for

Chineseand other tourists so that

they could not get lost. This would

help to account for people in an

accident as well as help to find

those who are trekking in more remote

parts.

35 million tourists visited Thailand

last year of which Chinese

tourists made up nearly a third

of these. Chinese tourists spent

500 billion baht, close to a quarter

of the total tourist revenues

that came in at around 1.8 trillion

baht. Out of the 10 million Chinese

tourists visiting the Kingdom, approximately

a third of them visited

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in the province.

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surprising

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to

in

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weight.

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older

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in

steps of either five or 10 pounds dedicated and motivated you

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which model of PowerBlock is your fitness goals.

ideally, combining it with aerobic

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.................................................. don’t have Read a Online set in At stock, they

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The Fitness Column is brought to you by:

PATTAYA BANGKOK PHUKET SAMUI

Pattaya: 038 757 196-7 / Bangkok: 02 185 1920

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


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- the key to a better life -

Weight train at home, quickly and easily

They are marketed as the best

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There are many reasons why

people don’t or won’t go to train

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Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


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BUSINESS SUPPLEMENT

SEVEN STEPS TO STARTING

AN ONLINE BUSINESS

Step 7 - SEO Part 3, Content:

Outreach & Relationship Building

Over the last 2 months we have

discussed the 3 steps to SEO success

and this month we come to

part 3 - outreach & relationship

building.

Just like a bricks and mortar

business needs referrals and recommendations

so does an online

business. You need to make sure

that your customers can say as

many good things about you in as

many places as possible. Of course

this can backfire if you get negative

feedback so also be sure to keep

an eye on your online reputation.

You can do this by listing your

business in as many local and industry

related directories as possible

such as yelp.com, whitepages.com

and any other directories

which are particularly relevant to

your industry.

You can also list your business

in the directory section of the Thailand

Business Supplement and get

exposure to all of their readers both

in print and online.

An important factor of outreach

& relationship building is links, in

this article we will show you how

to find relevant content online and

reach out to them for a link.

For example, if you have written

an article on your real estate website

about home maintenance you

can search on Google

High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

for other related articles which may

benefit from linking to your article.

You can do this by searching

for the following query string -

blog:home maintenance

If you only want to find content

in your specific location, you

can add the location at the end

blog:home maintenance thailand,

although there may not be as

many results.

Then visit the websites in the

search results, if the content is relevant

and not competitive then find

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and reach out to them for a link.

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link straight away, first email them

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in reading your article.

it over and ask for the comments,

when you get positive feedback

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you have already started to build a

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Gemma Purnell

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gemmapurnell.com

gemma@gemmapurnell.com

If the response is positive, send

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


SOUTHEAST

ASIAN BUSINESS

ROUNDUP

VIETNAM

BUSINESS SUPPLEMENT

BEST SUPERMARKET

PHILIPPINES

The Manila-based online

restaurant reservation startup

BigDish raised £1.8 million in

its listing on the London Stock

Exchange (LSE) ahead of a

planned expansion in the UK.

BigDish will use the proceeds

of the listing towards increasing

its brand presence, growing

its business development team

and completing the acquisition

of TablePouncer, a UK-based

restaurant reservation firm.

Founded in April 2013, Big-

Dish is a yield management

platform for the restaurant industry.

The platform allows

restaurants to boost their sales

by offering a variable pricing

strategy dependent on the time

of day a restaurant reservation

is made for.

SINGAPORE

Singapore e-commerce enabling

startup Synagie Corporation

made its debut on the SGX

Catalist at S$0.265 per share,

pegging Synagie’s market capitalisation

at about S$71 million.

Synagie’s listing follows

Ayondo, a Singaporean fintech

firm, which made its market debut

in May. Ayondo was the first

fintech firm to be listed on the

Singapore Exchange (SGX).

According to an official statement,

Synagie’s listing brings

the number of firms on the

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market capitalisation of over

S$100 billion.

Founded in 2015, Synagie

provides e-commerce solutions

for businesses in the consumer

sector. Synagie currently has

over 200 consumer brands partners

in Southeast Asia, helping

them to sell their goods and services

on and offline. Some of its

clients include Johnson & Johnson,

Kimberly-Clark and Shiseido.

Synagie also has a cloudbased

platform which taps on AI

and big data to help users automate

their commerce process.

This takes place through the

e-commerce value chain from

first order to final delivery.

The Vietnam government is

seeking to raise VND4.89 trillion

from the National Shipping

Lines (Vinalines) IPO, scheduled

on September 5. Vinalines

will auction 488.82 million

shares, or a 34.8 per cent

stake at the price of VND10,000

apiece at the HNX. Its charter

capital is estimated at approximately

VND14 trillion.

The State will still hold 65

percent stake, equivalent to

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after the IPO.

Vinalines’ 2017 revenue was

estimated at VND16 trillion,

exceeding the annual target

by 15 percent, while profit was

VND515 billion.

VIETNAM

Vietcombank is to sell its remaining

1.48 million shares in

OCB Bank, expecting to earn

VND27.9 billion from the sale.

The sale is scheduled for September

9 on the Hanoi Stock

Exchange.

In April, Vietcombank earned

approximately VND172 billion

by offloading 6.67 million OCB

shares. Vietcombank also plans

to sell its stake in Military Bank

(MB) and Vietnam Export and

Import Bank (Eximbank) this

year. The stake sale is a part of

its effort to pare its ownership

in other credit institutions under

a directive issued by the State

Bank of Vietnam.

INDONESIA

Indonesian conglomerate

Salim Group has invested in

mobile financial services company

Youtap, claiming a minority

stake in the Singapore-headquartered

company. Youtap

also announced that both parties

have agreed to establish

operating companies in multiple

markets to carry on the business

of providing e-money applications

and solutions to merchants

and consumers. Youtap,

which has an R&D center in

Auckland and an office in South

Africa, is a mobile financial services

company for contactless

mobile money payments and

financial services.

Read Online At

www.thailand-business-supplement.com

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BUSINESS SUPPLEMENT

RELIEVE SHOULDER PAIN

The rotator cuff is made up of

four muscles that help move and

stabilize the shoulder joint. Damage

to any or all of the four muscles

and the ligaments that attach

these muscles to bone can occur

because of acute injury, chronic

overuse, or gradual aging. This

damage can cause significant

pain and disability with range of

motion and use of the shoulder

joint.

Symptoms

The pain associated with a rotator

cuff injury may:

• Be described as a dull ache

deep in the shoulder

• Disturb sleep, particularly if

you lie on the affected shoulder

• Make it difficult to comb your

hair or reach behind your back

• Be accompanied by arm

weakness

When to see a doctor

See an orthopedic specialist

right away if you have a sudden

loss of motion after an injury —

you could have a substantial rotator

cuff tear. If you have pain

lasting longer than a few weeks or

you’ve been formally diagnosed

with a rotator cuff tear, you need

to be seen by a shoulder specialist,

because some of the surgical

procedures are time sensitive.

Causes

Rotator cuff disease may be

the result of either a substantial

injury to the shoulder or to progressive

degeneration or wear

and tear of the tendon tissue. Repetitive

overhead activity, heavy

lifting over a prolonged period

of time, and the development of

bone spurs in the bones around

the shoulder may irritate or damage

the tendon.

Risk factors

The following factors may increase

your risk of having a rotator

cuff injury:

• Age. As you get older, your

risk of a rotator cuff injury increases.

Rotator cuff tears are most

common in people older than 40.

• Certain sports. Athletes who

regularly use repetitive arm motions,

such as baseball pitchers,

archers and tennis players, have

a greater risk of having a rotator

cuff injury.

• Construction jobs. Occupations

such as carpentry or house

painting require repetitive arm

motions, often overhead, that can

damage the rotator cuff over time.

• Family history. There may

be a genetic component involved

with rotator cuff injuries as they

appear to occur more commonly

in certain families.

Complications

Without treatment, rotator

cuff disease may lead to permanent

stiffness or weakness and

may result in progressive degeneration

of the shoulder joint.

During the physical exam,

your doctor will press on different

parts of your shoulder and move

your arm into different positions.

He or she will also test the

strength of the muscles around

your shoulder and in your arms.

In some cases, he or she

may recommend imaging tests,

such as:

• X-rays. Although a rotator

cuff tear won’t show up on

an X-ray, this test can visualize

bone spurs or other potential

causes for your pain — such as

arthritis.

• Ultrasound. This type of

test uses sound waves to produce

images of structures within

your body, particularly soft tissues

such as muscles and tendons.

It allows dynamic testing,

assessing the structures of your

shoulder as they move. It also

allows a quick comparison between

the affected shoulder and

the healthy shoulder.

• Magnetic resonance imaging

(MRI). This technology uses

radio waves and a strong magnet.

The images obtained display

all structures of the shoulder

in great detail. The quality

of the images depends greatly on

the quality of the equipment used.

Conservative treatments —

such as rest, ice and physical

therapy — sometimes are all

that’s needed to recover from a

rotator cuff injury. If your injury is

severe and involves a complete

tear of the muscle or tendon, you

might need surgery.

Injections

If conservative treatments haven’t

reduced your pain, your doctor

might recommend a steroid

injection into your shoulder joint,

especially if the pain is interfering

with your sleep, daily activities or

exercise. While such shots are often

helpful, they should be used

judiciously, as they can contribute

to weakening of the tendon.

Therapy

Physical therapy exercises

can help restore flexibility and

strength to your shoulder after a

rotator cuff injury. Sometimes it is

possible to eliminate pain and restore

function without surgery.

Surgery

Many different types of surgeries

are available for rotator cuff

injuries, including arthroscopic

tendon repair, open tendon repair,

bone spur removal, tendon transfer

and shoulder replacement.

Arthroscopic rotator

cuff repair

In this procedure, surgeons

insert a tiny camera (arthroscope)

and tools through small incisions

to reattach the torn tendon to the

bone. Arthroscopic tendon repair

can provide restoration of the patient’s

normal anatomy with a relatively

pain-free procedure.

If you would like to consult with

shoulder specialist Dr. Watanacai

or if you should need any more

information then please contact

Phyathai Sriracha Hospital

on direct line number

089 – 7500293 or

Email: gavin@phyathai.com

www.phyathai-sriracha.com

Gavin Waddell

Phyathai Sriracha Hospital

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


BUSINESS SUPPLEMENT

FOREIGN CURRENCY UPDATE

The dollar rose quite sharply due to emerging

markets becoming jittery about the Turkish

Lira. The DXY Dollar index, (an index that measures

the US Dollar’s value against a number

of other currencies), rose from 95.37 to 96.46,

and momentum appears to still be building.

This move is in spite of the fact that yields on

the 10-year treasury remained below 3 per cent

and even fell back to 2.875 per cent. Against

the Thai Baht, the U.S. Dollar was somewhat

flat moving from 33.41 to 33.38, indicating that

the Thai Baht strengthened to the same extent.

It was another disappointing month for anyone

holding British Pounds and/or hoping they

will appreciate. There was some speculation

that the big fall from 1.4320 to the US dollar

down to 1.3100 might come to an end with a

bounce through 1.3315, but all hopes were

dashed when the pound broke through the

key 1.3000 barrier. This lead to a quick fall to

1.2684 with the potential for even more downside

to come. The continued Brexit uncertainty

is unlikely to be resolved quickly and since

this appears to be a catalyst for the pound’s

poor fortunes of late, the story should be closely

watched. Against the Thai baht, the pound

moved from 43.42 to give up the 43 level and

drop down to 42.29, its lowest level for a year.

The US Dollar vs. Japanese Yen cross rate

actually fell from 113.05 to 110.38. When the

rate falls it means 1 U.S. Dollar buys less

Yen and therefore the Yen has strengthened

even faster than the dollar has. The fact that

the Yen is considered a “safe haven” currency

at times of uncertainty could explain the move.

Yet a stronger Yen will not help put the Japanese

economy, which relies on the Yen being

relatively weak in order to attract export sales.

Against the Thai Baht, the Yen strengthened

against the Thai baht from 0.2936 to 0.3001,

the first time it has surpassed the 0.3000 level

in many months.

Due to ongoing sanctions and the announcement

of additional ones by the U.S.,

the Russian Ruble took a tumble against the

dollar to hit 69.03 from 63.36, before settling

at 68.15. The move was swift and represented

around a seven per cent depreciation. It would

be worth watching the news flow to see how it

further affects the Russian currency. Against

the Thai Baht, the Ruble fell quite dramatically

also, from 0.5505 to 0.4901.

The Euro broke below the 1.16 level to the

U.S. Dollar and fell rapidly to 1.1335, in a large

part due to the concern about European banks’

exposure to the Turkish Lira. There appears to

be no sign of a reversal yet and a move even

lower cannot be ruled out. Against the Thai

Baht, the Euro fell nearly a whole baht from

38.84 to 37.85.

High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


EMPLOYEES

FAMILY DAY

AT THAI GARDEN RESORT

The Thai Garden Resort hosted its 10th-annual

family day for its employees, giving them a

chance to partake in all the hotel’s activates just

like being a guest in the hotel.

Almost 300 moms, dads and kids enjoyed a

fantastic day along the huge swimming pool on

August 18, 2018. Everyone took turns jumping,

swimming and having a great time in the 63 meters

long swimming pool.

Thai Garden Resort’s General Manager Rene

Pisters personally took care of the “guests” and

managed to make them smile and laugh the entire

day. As per Mr. Pisters: I find it essential that

the family members of our team are aware where

their husband or wife, father or mother spends

their days of working, be it cooking, making

rooms, or serving guests at the Thai Garden Resort.

The family members must have the opportunity

to see and experience where the parents

work and in what environment they make their

living. We regard ourselves as one big family and

our team members are the ones who contribute

BUSINESS SUPPLEMENT

to the success of the hotel

and the satisfaction of our

clients.

Since fun and games

makes one hungry, a sumptuous

lunch buffet was prepared

with all the goodies

children like the most.

This family day showcases

the creative teamwork

of the management and the

employees and it shows

that, without this kind of spirit,

no hotel would be able to

operate properly.

Many children already

asked what date they have

to reserve for next year’s

family day !!

..........................................

Mitarbeiter-Familien Tag

im Thai Garden Resort

Das Thai Garden Resort

führte seinen 10.,

jährlichstattfindenden, Familien Tag für alle im

Hotel angestellten Mitarbeiter durch, um auch

ihnen und ihren Familien einmal die Möglichkeit

zu geben sich wie Gäste zu fühlen und alle Serviceangebote

des Hotels zu nutzen.

Am 18. August 2018 genossen fast 300 Mütter,

Väter und Kinder einen fantastischen Tag am

Großen Pool des Resorts.

Jeder der Angestellten und ihre Familien hatte

eine großartige Zeit mit Spielen, Sprüngen und

einfach nur Spaß am 63m langen Swimming Pool.

General Manager Rene Pisters kümmerte

sich persönlich um seine speziellen Gäste an diesem

Tag und zauberte ein Lachen in die Gesichter

aller Besucher.

Herr Pisters sagte: “Ich finde es sehr wichtig,

dass die Familienmitglieder unserer Angestellten

sehen und wissen wo die Mütter, Väter,

Ehemänner und Ehefrauen arbeiten in dem sie

zum Beispiel kochen, Zimmer reinigen oder anderweitig

den Gästen des Hotels ihren Urlaub unvergesslich

zu gestalten. Die Familienmitglieder

sollten die Möglichkeit bekommen zu sehen wo

die Eltern arbeiten und ihren Tag verbringen.

Wir sehen uns selbst als eine große Familie

und unser Team trägtmaßgeblich zum Erfolg des

Hotels und der Zufriedenheit unserer Gäste bei.

Da Spaß und Spiele sehr hungrig machen,

stand natürlich auch ein großartiges Buffet mit

allen, gerade bei den Kindern, beliebten Speisen

zur Verfügung.

Dieser Familientag zeigt ausdrucksvoll die

kreative Zusammenarbeit zwischen Angestellten

und Management und beweist, dass ohne diesen

speziellen Spirit kein Hotel in der Lage wäre einwandfrei

zu funktionieren.

Viele der Kinder waren so glücklich, dass

sie bereits jetzt schon fragten, welche Tag sie

fürnächstes Jahr im Terminkalender festhalten

sollen....

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Email: lex@thehuayyairiverside.com

Thehuayyairiverside.com

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


MOOM TALAY MAY BE PATTAYA’S MOST

UNIQUE THAI RESTAURANT

In August this year the Moom Talay Thai

restaurant was ranked 188th out of 1,045

restaurants in Pattaya by the website Trip

Advisor, with its general rating being a four

out of five stars. Of 127 reviews on the site

at the time, 33 percent ranked the restaurant

as excellent while 38 percent ranked

it as very good. To achieve a combined 71

percent of reviewers classifying your eatery

as in the top two brackets takes a bit of

doing, as the food business is notoriously

difficult at the best of times.

In late 2016, the Moom Talay Thai

restaurant menu underwent a fairly

ambitious makeover. Apart from the standard

elements of Thai cuisine which you

would expect to be available anywhere

and everywhere, they introduced a number

of dishes which are rarities not just in Pattaya

but almost anywhere. It’s ambitious,

but the management know there are plenty

of ‘foodies’ just itching to try something different.

One of these very different dishes

which feature in the Thai menu at Moom

Talay contains quails and quail eggs, all of

which are sourced from the Moom Talay

organic farm, situated just outside Pattaya.

Examples of the more unique-to-Moom

Talay offerings are Pot-Stewed Duck, or

Quail, garnished with garlic and pepper

and Stir-fried Quail with chilli paste (obviously

a dish for those who like their food

pretty spicy).

Moom Talay has so-called One-Plate

Dishes which are far more traditional dishes,

of the type you would find in the majority

of Thai restaurants. Even so, most of

the ingredients in these dishes are sourced

from their own organic vegetable and animal

farms, so the freshness remains. Most

of the dishes include steamed rice and

basil leaves with either pork, chicken or

beef; fried noodles done Thai style in an

omelette; or rice porridge with mince pork

or chicken.

Stir-fried dishes include the ever-popular

chicken and cashew nuts, fried mixed

mushrooms in oyster sauce, squid stir-fried

in egg yolks, beef in oyster sauce as well

as sweet and sour pork or chicken, or, for

vegetarians, fried mixed vegetables

in oyster sauce.


Curries

are always a

popular menu choice and Moom

Talay has such bowls of steaming delight

as red, green or yellow curry in choices of

either pork, beef or chicken. They also do

an Indian curry (chicken) and a Panang

curry among others.

Soups, as both starters or mains, are

well covered with dishes like spicy lemongrass

with chicken, or prawns, seafood, or

chicken, in coconut soup, or seafood soup

with Thai herbs.

On the deep-fried Thai dish front the variety

is just as exceptional, although a perennial

favourite among most Thai diners is

sea bass cooked in garlic and pepper. The

sea bass is purchased fresh each day from

the local seafood markets.

For holidaymakers who happen to have

teamed up with a local Thai,

the

Moom Talay restaurant

is not just a great eatery, its close but very

definite separate connection with the Toscana

Italian restaurant offers the best of

both worlds.

While a Thai national, naturally, will

want to partake of familiar Thai dishes, a

foreign holidaymaker may decide he or she

wants to try the same, but also wants the

opportunity of having an each-way ‘bet’ as

it were: maybe order an Italian dish, just in

case the Thai food proves a little too spicy,

or they aren’t quite as keen to dive into the

Thai menu just yet.

It’s important to remark that both the

Moom Talay and Toscana kitchens are well

and truly separate entities. The Thai dishes

are prepared exclusively in the Thai kitchen

while the Italian dishes are prepared

exclusively in the Italian kitchen; and never

the twain shall meet.

The Moom Talay Thai

Restaurant and Trattoria Pizzeria

TOSCANA Restaurant are located on

Beach Road, Pattaya

(between Soi 6 and Soi 7)

Telephone: 038 362 370

Fax: 038 362 371;

Email: tirreno@ptty2.loxinfo.co.th

For reservations: 081 861 3446


BUSINESS SUPPLEMENT

SUDOKU

These Sudoku puzzles are pitched at a middle level: not too easy,

and not too frustratingly hard, for the average person.

We will publish the solutions in next month’s issue.

CROSSWORD

Last months sudoku answers

TRIVIA Quiz

ACROSS

1/ Amphibians (5)

4/The start of a constrictor (3)

6/Essential (9)

7/Reptile (5)

8/ Male alley cat (3)

10/ Evade, avoid (5)

12/Impertinence (9)

DOWN

1/ Eyeteeth (5)

2/ Grove (7)

3/ Hung (9)

4/ Brag (4)

5/Unfathomable (7)

9/Per square inch init. (3)

11/ Takes an age (3)

1. In what century was Marco Polo most active as a traveller?

2. The 1884 conference that established zero degrees latitude

was held in what city?

3. Which Middle Eastern capital city lies on the Barada River?

4. What is the smallest independent country by area in South

America?

5. The east coast of Nicaragua is called the what ‘Coast’?

1 2

3

4

5

6. What is, as of 2013, the largest country by area in Africa?

7. Lebanon gained independence from which country in 1943?

6

8. Lake Sevan is the largest lake in which mountainous region

of Europe?

9. The Commander islands are the westernmost islands of

which Pacific archipelago?

10. In 1911 the capital of India moved to Delhi from which city?

7 8

9

10 11

6. Algeria 7. France (Vichy) 8. Caucasus 9. Aleutian Islands 10. Calcutta

1. Thirteenth century (1200s) 2. Washington DC 3. Damascus 4. Suriname 5. Mosquito

Answers

12

CROSSWORD ANSWERS

ACROSS 1/Frogs 4/Boa 6/Necessary 7/Snake 8/Tom 10/Dodge 12/Impudence

DOWN 1/Fangs 2/Orchard 3/Suspended 4/Boast 5/Abysmal 9/psi 11/Eon

For information on the BUSINESS SUPPLEMENT Contact High Tower Co., Ltd. Tel: 038 411 009 - 0846 77 43 60

*The Pattaya & Bangkok Business Supplements are published by High Tower Co., Ltd.

High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

TOYOTA SALES

RISE STRONGLY

AS CAR MARKET

PICKS UP SPEED

Following a strong first half of this year, Toyota

Motor Thailand has increased its outlook

for its car sales performance for the full year

citing a particularly strong car market.

Indeed, according to the Federation of

Thailand Industries, Thailand’s overall car market

rose by 19.3 per cent year on year hitting

sales of 489,118 vehicles from January to June

2018.

Of this total, Toyota sold 141,989 cars, a

very healthy increase of 26.3 per cent compared

to the same period last year. This stellar

growth comes after five previous years of contraction

and is a welcome respite for the company.

Total market share stood at 29 per cent

as of June 2018, a rise of 1.4 per cent.

The projection by Toyota for the overall

market for the full year has been increased to

980,000 cars from a previous level of 900,000,

equating to a rise of 12.4 per cent. The company

also raised its sales target to 315,000 cars

from a previous level of 300,000

Further market share increases are expected

as Toyota’s popularity surges.

President Michinobu Sugata was quoted as

saying, “We expect to gain

a 32.1% market share.”

Toyota does have competition

but is in a leading

position by quite a large

margin. Whilst the company

remained the largest

seller in the market for cars,

for pickup’s, Isuzu won first

prize in that market, bringing

them into second place

overall. Isuzu sold 86,363 vehicles in the first

half, an increase of 12 per cent on same period

the previous year.

Third largest carmaker, Honda, sold 59,838

cars in Thailand in the first half representing a

slight drop of 2.59 per cent from a year earlier.

This occurred as SUV sales contracted quite

substantially by 12.26 per cent.

Fourth place went to Mitsubishi who sold

41,101 vehicles in the Jan to June period,

a growth of 26.32 per cent on the first half of

2017.

All other makers saw strong sales increases.

Mazda saw its market share increase by

40.6 per cent and moved from seventh place

to fifth place. Ford relinquished its sixth position

as it moved down to seventh place, even

though it increased sales by 28.08 per cent

year on year. MG notched up two positions to

end up in ninth place from eleventh previously,

with a massive increase of 111.35 per cent.

Luxury carmakers Mercedes Benz and

BMW took 11th and 12th places respectively.

Mercedes Benz sold more cars than BMW at

7,521 units compared to 5,558 units. However,

BMW scored a higher sales growth rate yearon-year

with 13.71 per cent versus Mercedes

Benz’s 12.61 per cent.

Mr. Sugata indicated that strong GDP was

behind the rise as well as new model releases

and extra advertising and promotions not only

by Toyota but also by other carmakers. He was

quoted as saying, “We expect these positive

factors to accelerate the car market throughout

2018.”

SECURITIES AND EXCHANGE

COMMISSION EXPANDS

REPORTING RULES FOR

SECURITIES AND DERIVATIVES

Thailand’s SEC, The Securities and Exchange

Commission,has expanded the reporting

rules governing holders of securities

and derivatives. The expansion comes hot off

the heels of the Securities Act of 2016, which

sought to increase the scope of reporting requirements.

Now included in the list of those people required

to report their holdings are auditors, executives

and company directors as well as, in

the case of a company that is in a rehabilitation

process, temporary executives, rehabilitation

planners, and temporary and permanent plan

administrators.

If the total share holding exceeds 30 per

cent of voting rights then the spouse, civil partner,

juristic persons and children of those in the

list are also required to report their holdings.

Email: ben.hightowerltd@gmail.com

The main aim of the expanded

reporting requirements

is to ensure all investors

have a clear picture

of those with holdings and

to more easily have knowledge

of the movements of

securities and derivatives.

There is a broad scope

of the type of securities

and derivatives that the

new rules cover and these

include convertible bonds,

derivative warrants, equities,

non-voting depositary

receipts and single stock

futures. The rules cover

purchase, sale, transfer

and assigned transfer.

Reporting must be made within three working

days following the transaction date (T+3).

The time limit is expanded to seven working

days (T+7) for new directors who have not yet

released their name. Reporting must be done

online exclusively after 15th November 2018.

Prior to that date it is preferred that online reporting

take place but a hard copy Form 59 can

also be filed instead.

SEC deputy secretary-general Prakid Punyashthiti

was quoted as saying, “The adjusted

reporting criteria will allow investors to efficiently

monitor the movements of securities held by

those involved with listed companies. This is

because these individuals are closely associated

with listed companies and have access

to important information through their authority

before the general public.”

According to SEC secretary-general Rapee

Sucharitakul,the expansion in reporting will enable

the markets to become more transparent

and will bring them into line with international

standards.

52 Institutional investors have already

signed up to follow the Investment Governance

Code 2017, which outlines best practices, and

governance in the securities and derivative

markets and closely follows international standards.

Some life assurance and long-term equity

funds still have yet to signup to the code,

but it is hoped that they will follow suit. In any

case they will all have to conform to the expanded

reported requirements

Read Online At

www.thailand-business-supplement.com

www.Thailand-Business-Supplement.com


BUSINESS SUPPLEMENT

‘click-bait’. It’s generally used in a

derogatory sense, but the reality is

that quite a lot of what may be offered

when someone does indeed

‘click’ on a link may be of use to the

‘target’.

Notably, within Thailand the

e-commerce conversion rate for

those who do click on a website for

what it may be offering, is below

the regional average.

This may come as somewhat of

a surprise, but according to a company

called iPrice, which is an affiliate

platform of more than 1,000

e-commerce merchants in Southeast

Asia and which includes the

likes of Lazada, Blibli and Galleon

on its books, Thailand’s conversion

rate sits at 0.8. This is below the

regional average of 1.0.

It seems the Vietnamese are

more willing to press the ‘buy’ button

with iPrice saying Vietnam’s

conversion rate stands at 1.3,

more than 30 percent higher than

the regional average.

That said, the average Vietnamese

purchase is just the equivalent

of US$23 while the Thai purchaser

will average around $42.

Both Singapore and Malaysia are

also above the average, sitting at

1.1 apiece and, perhaps reflecting

the affluence of Singapore, its customers

spend an average of $91 a

time.

JUST THE STATISTICS

While bar charts, line graphs

and simple numbers are hardly

capable of providing the defining

answer to many economic, social

and political questions, they are

certainly a good way of obtaining a

general overview of any particular

subject.

Each month the Business Supplement

will look into a brace of

statistical information and provide

readers with what we consider to

be the central elements of these

figures.

E-commerce ‘click-bait’ conversion

rates lower in Thailand

If there’s a phrase that covers

the efforts by companies of all

shapes and sizes and individuals

(also of all shapes and sizes)

to lure internet users into looking

at what these companies or individuals

have to offer it would be

How many bother to vote

Supposedly Thailand will have

a national election in 2019, which

will be the first since 2014. Notably,

in that 2014 election just 46.8

percent of the electorate bothered

to visit their local polling booth and

cast a ballot. That was down from

around 75 percent in 2011, the first

election held after the protests of

2010 which ended in bloodshed.

Contrast that pathetic number

with the recent election in Malaysia

which saw the ruling party ousted

after a whopping 82.3 percent of

voters cast ballots. Even so, this

figure was down from the 2013

election where 84.8 percent of eligible

voters made the effort to cast

a ballot.

Even in the Philippines the

2016 election which saw Duterte

take the presidential reins, a substantial

81.9 percent of the electorate

turned out to vote. This was up

from 77.3 percent in the 2013 poll.

Indonesia tends to be fairly

consistent as well, with 71 percent

of people voting in 2009 and 75

percent turning out in 2014.

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AREA

High Tower Co., Ltd. Tel: 038 411 009

For all your advertising enquiries - Tel: 0846 77 43 60


BUSINESS SUPPLEMENT

GREEN IS GO!

at

Collingbourne

Auctioneers

PATTAYA

You can now buy items that have a

GREEN STICKER

on week days.

To see the auction live and to book in online, visit

every other Sunday at 11:00 a.m. Contact us for the next date

Household and hotel clearances. Onsite Property & Charity Auction a specialty

Our Auction Wine Bar is

open from 11 a.m. till 8 p.m.

Collingbourne Auctioneers

Soi Chaiyapruk 2, Nongprue, Pattaya, Chonburi, ailand.

Mob: 086-838-7841 ( Mr.John )

Tel: (+66) 038-076 234 Fax: (+66) 038-076 235

email: johncollingbourne@hotmail.com

www.collingbourne-auctioneers.com

Delivery/Pick-up Service Available

FULL IN-HOUSE PRINTING SERVICE

Great Prices

Professional Design

Fast and Efficient Service

Quality Work

Full Photocopying Service Available

Quotation without obligation

NO JOB TOO BIG OR TOO SMALL








HIGH TOWER CO.,LTD.

47/113 Moo 9, Nongprue, Banglamung, Chonburi 20150

T: 038 411 009 (Office), M: 084 677 4360 (En), 064 794 5600 (Th)

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com


59 RAI OF LAND FOR SALE

AT 40% OF MARKET VALUE!

Fast Return of Intitial Investment

Excellent Expansion Potential

Superb Profit Margin Forecast

Extremely Convenient Logistically

Great Investment Opportunity

Only 3 million

Thai Baht per Rai!

A 59 Rai Fruit Farm with Fruit & Cashew Nut

tree Orchards that is already cleared, the land worked

and partially planted/established by various types of tropical

fruits, vegetables. Also some fruit and nut tree

orchards. The land is properly and fully irrigated where

and when needed throughout different times of the year

by its own water source (adequate private reservoir).

The land is conveniently located very logistically

just off highway 331 (approx. 200 mtrs), with accommodation

for full time staff comprising of 4 small buildings

and 1 large accommodation building, storage/equipment sheds and a good sized product storage barn/building (rural

style). This great offer has been more than fairly priced at only 3 million Thai Baht per Rai! 59 RAI OF LAND FOR SALE AT

40% OF MARKET VALUE!

With smaller plots of land less than 2 km distance away having sold recently for near to the market price of 8

million Thai Baht per Rai and another parcel of land selling near to the asking price of 6 million Thai Baht not more

than a few hundred meters away on the same road, both parcels of land are within the same agricultural/governmental

zone with similar soil nutrient levels as

this land and are subject to the same governmental cultivation, production or building/construction allowances and

productivity etc.

Fully producing and well managed farms in the region have reported openly to fruit production profit margins

being over 2 million baht per operational Rai in 2017 in the province.

For further information or details please contact :

Tel: 0846 77 4360 (ENG), 094 3299 705 (THAI)

Email: hightowerpattaya@gmail.com

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