BKK_BUS_Nov19

November 2019 

BANGKOK TM 

FREE 

COPY 

BUSINESS 

BANGKOK’S GREY LINE 

MONORAIL GETS 

THE GO AHEAD 

Cover Story Overleaf 

INSIDE THIS ISSUE: 

- Public Debt-to-GDP Ratio Expected To Be Well Below Ceiling 

- Bangkok Sees Strong Growth Of Co-working Spaces 

- Foreign Currency Update 

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BUSINESS SUPPLEMENT 

Cover Story 

BANGKOK’S GREY LINE 

MONORAIL GETS THE GO AHEAD 

The much-delayed Grey 

Line, linking Vacharapol to 

Thong Lor and Lumphini Park 

with Tha Phra, has finally been 

given the green light. 

The reason for the delay 

has mainly been land access 

issues, so the plan has been 

modified over time. Indeed it 

will run as two separate sections 

with the line running 

from Vacharapol linking to the 

underserved Kaset Nawamin 

Road and then via Ladprao 87 

on towards Rama 9, Petchaburi 

Road and Thong Lor. The 

second section running from 

Lumphini Park will provide access 

to important areas such as 

Sathorn Road, Rama 3 Road 

and Charoen Krung Road before 

ending at Tha Phra. 

The entire cost of the combined 

project is expected to 

be 40 billion baht and it will be 

built by the Bangkok Metropolitan 

Administration (BMA). It will 

sport 32 stations and will open 

up new areas of Bangkok to 

the mass transit system master 

plan. 

The deputy governor of 

Bangkok, Sakoltee Phattiyakul, 

was quoted as saying,”The 

Grey Line has always been a 

high priority for Bangkok governor 

Aswin Kwanmuang. We 

have been working hard to 

make it come true. Recently, 

hurdles have been cleared. 

The Grey Line can serve city 

folks as soon as 2023.” 

Some creative measures 

will be used to bring the Monorail 

to life, including agreements 

with the Expressway Authority 

of Thailand (EXAT) to utilize 

its land along the Ram Intra-At 

Narong Expressway. As well, 

the Bus Rapid Transit lane that 

runs from Chong Nongsi BTS 

station along Rama 3 Road, 

will be replaced by a section of 

the Grey Line monorail. 

Mr. Sakoltee was also quoted 

as saying, “A monorail is 

smaller than the skytrain and 

subway. But the Grey Line can 

serve up to 35,000 passenger 

trips per hour and that is quite a 

lot,” adding, “City Hall supports 

the Grey Line project because 

it does not require a huge investment 

like the skytrain and 

subway. It will also not affect 

locals residents as officials will 

not expropriate their land.” 

The line will certainly help to 

alleviate traffic problems along 

its route and has won the backing 

of the Ministry of Transport. 

It is also a key part of Bangkok’s 

overall mass transit plan, 

as it will support connections to 

the Brown Line. 

The deputy office chief of 

the Office of Transport and Traffic 

Policy and Planning, Chayathan 

Promsorn, was quoted 

as saying, “This project has a 

rather good value-for-money if 

we take into account the number 

of passengers that the line 

can serve relative to the cost of 

constructing the structure.” 

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INCOME TAX CHANGES MULLED 

According to The Revenue Department, 

a study is being carried 

out to determine if income tax burdens 

can be more fairly shared by 

different income groups. 

Currently, the wealthiest twenty 

per cent of individuals benefit from 

tax advantages that are in force under 

the present code. 

Much of this advantage comes 

from taxable deductions and 

tax free allowances that include 

a 30,000 baht child allowance, 

100,000 baht for mortgage interest, 

as well as 200,000 baht for retirement 

insurance and 100,000 baht 

for life insurance premiums. Other 

hefty deductions include allowances 

for equity funds, provident 

funds, social security funds, and 

mutual funds. 

Typically, low-income individuals 

may not have such a raft of 

investment vehicles or mortgages 

and so will miss out on the allowances. 

Although low income earners 

with an annual income of less than 

150,000 are exempt from tax, those 

earning from 150,001 to 300,000 

baht are subject to five per cent tax 

and earnings above 300,001 baht 

up to 500,000 baht are subject to a 

10 percent rate. 

After this the rate steps up to 15 

per cent for earnings that are above 

500,001 baht but below 750,000 

baht, rising to 20 per cent for earnings 

that are between 750,001 baht 

and 1 million baht. 

Higher rates of 25 per cent do 

take effect for income that is between 

1,000,001 baht and 2 million 

baht, and 30 per cent is applied 

to earnings that are between 

2,000,001 baht and 5 million baht. 

Above 5 million baht rates are 

set at 35 per cent for the top rate 

of tax. 

Yet, higher earners typically 

have a raft of funds and mortgages 

that allow them to not only reduce 

their tax amount but may enable 

them to fall back into lower level 

tax bands. 

Middle-income earners are 

seen to have the highest burden as 

they pay higher rates but may not 

be able to take advantage of all the 

allowances. 

Under scrutiny are the limits 

of tax allowances for higher rate 

earners, especially with regard to 

equity and mutual funds, where 

much of their income may well end 

up, since these funds are providing 

both higher yielding returns and tax 

breaks at the same time. 

Other avenues will be explored. 

A study into the welfare system in 

other countries may provide insight 

into taxation versus welfare 

payments in retirement. European 

countries are of particular interest 

for the study. 

Corporate tax rates are currently 

20 per cent but effectively amount 

to 28 per cent when withholding tax 

on dividends is taken into account. 

Corporate tax changes are quite 

sensitive as there is a need to attract 

companies to ensure investment 

in the economy and a robust 

level of job creation. 

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“Bits n Bytes” 

STEVE DICKENS 

XMAS GIFTS 2019 

It’s that time of year. Looking to surprise the gadget lover in your life this Christmas? 

Whether it's a new camera, virtual reality set or something to play your vinyl on, 

you'll want to choose wisely. Luckily, here’s a few ideas I came across whilst browsing 

the net…. 

It’s Nintendo’s Switch but not as you 

know it. Mainly because the Lite won’t 

connect to your TV. 

Nope, this is a handheld-only console in 

the same storied lineage as the GameBoy 

and DS. On the upside, it’s about B4000 

less than a standard Switch and is that little 

bit more durable should some young 

gamer take umbrage to a last-minute blue 

shell in Mario Kart 8 Deluxe 

Vinyl is definitely 

making a comeback. 

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pros at 

P r o - 

Ject, this 

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affair 

d o e s 

justice to 

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without demanding a bunch of set-up and 

calibrations. Plus, it’ll even recognise the 

LPs you play and add them to your Spotify 

account if you haven’t done so already. 

Available from gearboxrecords.com. 

Oculus Quest 

It’s virtual reality, but not as you know 

it. Mainly because the Oculus Quest 

does away with all the faff usually associated 

with VR headsets. It’s a completely 

wireless device that doesn’t need to be 

plugging into anything or connecting to a 

super-powered PC to work. Just don the 

thing like you’re Robocop, switch it on 

and dive into some of the best VR games 

available, from Beat Saber to Superhot. 

Available at Amazon. 

Polaroid Mint 2-In-1 

Much like Brexit, reports of 

Polaroid's demise have been 

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the Mint 2-In-1 mirrors 

the way you snap with your 

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physical memento of each 

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Christmas. 

Amazon Echo Dot (with 

clock) 

No longer the runt of 

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treated to 

a welcome 

refresh 

just in 

time for 

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so 

that it 

better fits 

the role of a 

bedside alarm 

clock. How? Well, it’s 

got an LED display that actually works 

as a clock for starters, although you 

can also use it for temperature and as 

a thermometer. The Dot will adjust its 

brightness according to the time of day 

and does all the usual Alexa gubbins, 

from playing music on command 

to ordering takeaway. Again, 

available at Amazon. 

Spend your money wisely! 

Steve Dickens 

has worked in managerial and consultancy roles for over 40 years 

with international technology companies, 15 of which have been here 

in Thailand. He can be contacted at stevedickens@hotmail.com 

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In foreign name. Transfer fee 50/50 

Contact: 0846 7743 60 (BEN) - Viewing on Request - Email: Ben.hightowerltd@gmail.com 

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



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WORLDTRANSFER.ONLINE PROVIDES SUBSTANTIAL SAVINGS 

WITH THEIR INTERNATIONAL MONEY TRANSFER SERVICE 

Worldtransfer.online is a service 

that enables you to transfer money to 

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with ease, and at the best rates. 

It is particularly useful for expatriates 

living in Thailand since using Thai 

banks can be more expensive and 

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a condo, transferring in monthly 

pension payments, repatriating money 

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All that is needed is the destination 

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As for exchange rates, Worldtransfer.online 

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Worldtransfer.online allows you 

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Yet on larger amounts such as the 

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Worldtransfer.online will issue you 

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The Thai authorities accept this bank 

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On a 12 million baht transfer the 

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and a breakdown of the rates. There is 

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Example of transaction at 8,000,000 and 12,000,000 baht in euros: 

Traditional Bank 

Rational Fx 

Exchange rates (EUR/THB) 0.0267 (about 3% margin) 0.0259 

EUR equivalent for 8,000,000 THB €214,107.54 €207,684.31 

EUR equivalent for 12,000,000 THB €321,161.31 €311,526.47 

Currency Exchange 

0.5% (usually but variable 

depending on bank, No exchange fees 

amount and customer) 

Fixed costs €50 (Depending on €5 but Offered for 

the bank (can reach 190€) the first transaction 

TOTAL in EUR for 8,000 000 THB 215,228.07 EUR 207,689.31 EUR 

TOTAL in EUR for 12,000 000 THB 322,817.11 EUR 311,531.47 EUR 

DIFFERENCE FOR 8,000,000 THB : A real gain of €7,538.76 

DIFFERENCE FOR 12,000,000 THB : A real gain of €11,285.64 

You receive a pension or retirement each month from Europe? 

Example of transaction at 1500 euros per month in THB: 

Traditional Bank 

Rational Fx 

Exchange rates (EUR/THB) 37.3644 (about 3% margin) 38.52 

Counter-value in euro for 1500 EUR 56,046.60 THB 57,780 THB 

Currency Exchange 

0.5% (usually but variable by bank, 

amount and customer) 

No exchange fees 

Fixed costs €50 (Depending on the bank Normally €5 

(can reach €190) 

(Offered Thailand) 

TOTAL in THB for 1,500 EUR 53,898.15 THB 57,587.40 THB 

DIFFERENCE FOR 1,500 EUR SENT IN THAILAND 3,689.25 THB 

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APPLE’S 

IPHONE 11 

DEBUTS IN 

THAILAND 

In keeping with the strong sales 

already seen in the U.S., the debut of 

Apple’s iPhone 11 in Thailand didn’t 

disappoint. Customers queued up 

overnight at the Apple Store in the 

Icon Siam mall and at other Apple 

reseller outlets to get their hands on 

one of the new models. 

The new iPhone is still priced 

at the high end of the range compared 

to some previous models but 

the wide-angle cameras, enhanced 

processing power and other features 

justify the price in the eyes of customers. 

Com7Plc. is an authorized Apple 

reseller and also an IT retailer, operating 

the well-known Studio 7 and 

Banana IT chains. 

The chief executive of Com7, 

Sura Khanittaweekul, was quoted 

as saying, "The first day of sales of 

the iPhone 11, iPhone 11 Pro and iPhone 

11 Pro Max in Thailand saw a 

positive response from customers," 

adding, "Pre-booking of the devices 

doubled from that of previous models 

launched last year." 


THAILAND BUSINESS NEWS 

SIAM COMMERCIAL 

BANK ACHIEVES 

STRONG PROFIT 

GROWTH 

Based on its quarterly results 

through to September 2019, Siam 

Commercial Bank (SCB) posted a 

year-on-year profit increase of more 

than forty per cent. The numbers came 

in at 14.8 billion baht as compared to 

10.5 billion baht for the same quarter 

last year. 

The number did include an excep 

tional gain of 11.6 billion baht as a 

result of the divestiture of a 99.2 per 

cent stake of SCB Life to FWD Group 

Financial Services. 

Chairman of the executive committee 

and chief executive, Arthid Nanthawithaya, 

was quoted as saying, “In 

light of domestic economic uncertainty 

and global economic volatility, we foresee 

the need to strengthen ourselves," 

adding, "The bank set aside additional 

provisions against potential problem 

loans."The bank’s NPL ratio rose from 

2.77 per cent in the previous quarter to 

3.01 per cent in the current quarter, a 

trend that is being carefully watched. 

CENTRAL 

PATTANA TO 

OPEN NEW MALLS 

IN AYUTTHAYA, 

CHANTHABURI 

AND SI RACHA 

Leading mall owner and operator, 

Central Pattana Plc., will spend 13.9 

billion baht to build three new mixeduse 

developments outside of Bangkok. 

Central Plaza Ayutthaya will offer 

160,000 square metres of space and 

will cost 6.2 billion baht to develop. It 

will promote the city’s unique history 

and heritage to attract visitors. It will 

open in Q2 2021. 

The 3.5 billion bahtCentral Plaza 

Chanthaburi will sport 92,000 square 

metres of space and will open in mid 

2022. 

Central Plaza Si Racha will take 

advantage of the rapidly growing EEC 

corridor. Deputy Chief Executive Officer, 

Wallaya Chirathivat, was quoted as 

saying, "Central Plaza Si Racha will be 

a semi-outdoor complex outside Bangkok 

providing a 2,400-sq-m convention 

hall for Mice events.” 




FOREIGN CURRENCY UPDATE 

The U.S. Dollar fell against a 

number of currencies as interest 

rates were cut again in the U.S. and 

expectations of further rate cuts increased. 

The DXYDollar index, an 

index that measures the U.S. Dollar’s 

value against a basket of major 

currencies moved from 98.24 

to 97.14 in almost a straight line 

as other currencies gained ground. 

Against the Thai Baht, the U.S. Dollar 

gave up just a small amount of 

ground moving from 30.45 to 30.26, 

indicating that the Thai Baht also 

weakened along with the U.S. Dollar 

during the period. 

The Pound reacted positively 

to news that a no-deal Brexit is 

more likely to be averted, though 

many uncertainties remain. At the 

time of writing the EU and the UK 

had agreed a framework for a new 

deal, but passing it through the UK’s 

house of commons appears to still 

be a sticking point. Yet in spite of 

this the pound staged its biggest 

6-day rally since 1985, moving from 

1.2320 to 1.3012 before dropping 

back slightly to 1.2905. Another 

driver of the move was an expectation 

that some of the uncertainty 

might be coming to a close, although 

this may prove elusive. Of 

course, future movements will depend 

on Brexit developments and 

indeed there are plenty of hurdles 

ahead. From a technical analysis 

viewpoint, the Pound looks considerably 

stronger than previously with 

some analysts suggesting that there 

could be increased buying activity if 

there is a sustained move above the 

1.3000 level. Against the Thai 

Baht, the Pound moved from 37.45 

to 39.30, a move of nearly five per 

cent. Expect volatility to remain 

heightened as currency traders jostle 

for position. 

The U.S. Dollar vs. Japanese 

Yen cross rate remained range 

bound but saw some surprise 

moves as it moved from 108.10 

down to 106.71 and then back 

to 108.35. Whilst the U.S. Dollar 

weakened, the Yen weakened even 

more. This phenomenon is likely 

due to the “risk-on” trade on global 

stock markets taking hold that 

erodes the Japanese Yen’s strength 

as a safe haven currency. The Japanese 

Yen vs. Thai Baht spot rate 

fell from 0.2801 to 0.2770, further 

indicating Yen weakness. 

Some choppiness has started 

to exhibit itself when looking at the 

Russian Ruble against the USD. 

The Ruble weakened from 64.02 to 

65.38 only to return back to below 

64 at 63.69. Against the Thai Baht it 

was trading almost totally flat moving 

from 0.4750 down to 0.4650 before 

recovering back to 0.4750 

The Euro / U.S. Dollar exchange 

rate spent much of the time below 

the key 1.1000 handle before rallying 

to 1.1174 on the back of positive 

Brexit news flow. A weaker dollar 

also helped to boost the Euro even 

in spite of a continued dovish stance 

on the part of the ECB. Against the 

Thai Baht, the Euro dipped to 33.19 

before regaining ground and moving 

up to 33.83. 

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www.newspaperdirect-asia.com


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PROMOTE YOUR PLACE HERE 20 

0 

LOOKING TO PROMOTE YOUR RESTAURANT, PUB 

OR BAR AMONG THE EXPAT COMMUNITY? 

CALL US AT 02 651 3632 

OR REACH US VIA E-MAIL AT 

BANGKOK@NEWSPAPERDIRECT-THAILAND.COM 

TO FIND OUT HOW EASY AND INEXPENSIVE 

WE CAN HELP YOU RAISE AWARENESS FOR 

YOUR BUSINESS! 

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Featured restaurants & pubs 



X1 ESCAPE 

LADDERS 

We manufacture and sell high quality 

patented escape and access ladders 

Special promotion 

for November 

30% OFF 

โปรโมชั่นพเศษ 

สำหรับเดือนนี้ 30% 

Save your life and your family 

with a folded fire escape ladder 

ชวยชีวตคุณ และ ครอบครัว ดวยบันไดหนีไฟ 

Can be used on buildings 

up to 6 floors. 

สามารถใชได ทั้งตึก และ บาน, อาคาร สูง ถึง 6 ชั้น 

Compact only 7x7 cm, 

beautiful in aluminum 

ขนาดกะทัดรัดเพยง 7x7 ซ.ม. มีรูปแบบ 

ที่สวยงามผลตจากอลูมีเนียม 

A thief can’t use the fire ladder 

to go inside your family home 

ขโมยไมสามารถใชบันไดหนีไฟเพ่อเขาไปในบาน 

ของครอบครัวคุณ 

+66 99 221 5511 

post@x1escape.com 

47/113 Moo9, Nongprue, Banglamung, 

Chonburi 20150 Thailand 

www.x1escape.com 



MOOM TALAY – 

A TRULY SPECIAL THAI 

EXPERIENCE EVERY TIME 

In this month’s 

edition of the Business 

Supplement 

we’re taking a look at the 

‘local’ food side of the Moom 

Talay Thai restaurant, which 

operates side-by-side with the 

Toscana Italian Restaurant. 

As most Thai food aficionados 

will be well aware, 

most dishes on a Thai menu 

will come complete with a 

variety of vegetables, some 

more than others. The source 

of the vast majority of the 

vegetables served in Moom 

Talay is the organic vegetable 

farm operated by the 

owners of Moom Talay and 

Toscana. From coriander to 

rocket, from cabbage to chilli, 

from lemon to long beans 

and everything in between, if 

it’s in season then it will almost 

certainly have come 

from the organic farm. 

So the vegetables 

are not just fresh, 

they are free from chemicals 

and for people who are adept 

at recognising the difference 

in taste and texture, the result 

in terms of food enjoyment 

should be easily determined. 

The Moom Talay standard 

Thai dishes containing chicken, 

beef or pork, be they stirfries 

or curries, or simple salads, 

all the meats come from 

the large organic animal farm 

which is run by the owners out 

in Huay Yai district, on the outskirts 

of Pattaya. Once again, 

the freshness and organic nature 

of these standard meats 

should bring an obvious enhancement 

of flavour rarely 

found elsewhere in the city. 

While chicken, beef and 

pork, as well as duck and 

even wild boar (common 

around parts of Thailand 

but fairly unusual in Pattaya), 

are menu standards, 

Moom Talay also offers 

a somewhat unique series of 

speciality dishes made with 

guinea fowl as well as quail. 

For those looking to try a Thai 

dish with a difference, then either 

a quail or a guinea fowl 

as the key meat ingredient is 

going to offer a unique taste 

sensation. 

In keeping with the desire 

to produce unique flavours 

and a special culinary experience, 

the Moom Talay 

chefs do not use Monosodium 

Glutamate (MSG), or, at least, 

in nowhere near the amounts 

often experienced elsewhere. 

Of course, it’s important to 

add that MSG is hardly toxic, 

just tends to be over-used and 

dulls the genuine flavours of 

many of the foods into which 

it is added. 

Telephone: 038 362 370 

Fax: 038 362 371; 

Email:tirreno@ptty2.loxinfo.co.th 

For reservations: 081 861 3446

As for seafood, the Moom Talay 

chefs can be found scouring the fresh 

markets every morning to buy whatever 

catch is available, providing the 

produce is indeed freshly caught that 

day. This is why, on occasions, some 

dishes may not be available, or will 

have run out, at the restaurant. They 

simply won’t keep fish or seafood that’s 

not as fresh as possible, so this rules 

out deep-freezing product just to make 

sure the menu items are always available. 

When Toscana first opened there 

was no Moom Talay, and no Thai alternative 

menu. It soon became clear 

that while Toscana was booming, there 

were people who were keen to indulge 

in the various Italian dishes but whose 

partners really preferred to eat Thai, 

usually northeastern 

(Issan) style dishes. So, a year after 

Toscana started, the separate Moom 

Talay was opened to cater to this market. 

Nowadays, Thai food is served 

throughout the restaurant apart from 

the more ‘formal’ indoor setting where 

the tables are covered by tablecloths. 

This small section is reserved entirely 

for Italian dishes for the very simple 

and practical reason that the aromas 

of some Thai dishes are not complementary 

with some Italian menu 

items. It’s not about segregation or 

discrimination, simply sensible culinary 

logistics to make sure the meal 

experience can be as good as possible 

for all diners. 

Moom Talay is certainly well worth 

trying if you love Thai food and are 

keen to further educate your taste 

buds in a lovely beachfront setting.


WHAT'S IN STORE FOR THE 

DIGITAL MARKETING WORLD 

IN 2020 

The world of Digital Marketing 

offers us more and more opportunities 

every year to showcase 

our businesses. From websites to 

Social Media profiles, SEO, paid 

advertising and more, you have 

a wide range of choices when it 

comes to getting your business in 

front of your target audience. 

For e-commerce stores and any 

business selling physical products 

then Google Shopping has become 

a must have tool. Thailand is still 

new to Google Shopping so it’s 

not 100% essential for your Thai 

based market, however if you are 

an e-commerce business based in 

Thailand and selling overseas then 

Over the last few years trends 

such as retargeting, personalisation 

and automation have taken digital 

marketing to entirely new levels. 

Voice search is now the popular 

way to search on Google with accessories 

such as Alexa and Google 

Home becoming almost part of 

the family. When you optimise your 

site for SEO, then you need to make 

sure you are answering commonly 

asked questions in a clear and concise 

format with the correct schema 

markup to help your website show 

up in results from voice searches. 

Video marketing has been on 

the rise for the last few years and 

most savvy companies are now 

making the most of Youtube advertising 

and Facebook newsfeed ads 

with video. If you would like to know 

whether Youtube or Facebook is 

the best option for your companies 

video ads then you can schedule a 

discussion by emailing sales@pdsconsultingsolutions.com 

you need to make sure you are 

taking advantage of it. PDS Consulting 

offer both training and management 

for Google Shopping Ads. 

In 2020, it will become even 

more important to secure the help 

of a competent Digital Marketing 

agency to ensure that your company 

gets in front of the right eyes 

through as many means as possible. 

Advertising mediums such as 

Google Ads & Facebook ads are 

becoming even more complicated 

with additional tools such as 

smart bidding, dynamic ads and 

an abundance of retargeting ads. 

If you need help with setting up 

and managing your paid advertising 

campaigns, contact sales@ 

pdsconsultingsolutions.com or for 

specialised training for yourself or 

your in house staff contact gemma@gemmapurnell.com 

If you would like to learn more 

about Digital Marketing as either a 

freelancer, in house professional or 

agency owner/manager then sign 

up for our 3 Day Digital Marketing 

bootcamp in Koh Samui next year. 

Dates are TBC and will be released 

by the end of 2019. 

Gemma Purnell 

+66 33 039 399 

gemmapurnell.com 

gemma@gemmapurnell.com 

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


LUXURY LIVING AT AFFORDABLE PRICES 

READY 

TO MOVE IN 

www.villaasiatic.com 

Contact Info 

Tel: 090-226-4287 (EN) 063-382-1881 (TH) 

info@villaasiatic.com 


Facebook: VILLA ASIATIC 

by Fed Property Co.Ltd 

Railway Bypass, Moo 7, Nongplalai, 

Banglamung, Chonburi 20150 



䘀刀伀䴀 Ⰰ 㤀㜀㔀 Ⰰ 

吀䠀䈀伀一䰀夀 ℀ 

䔀堀䌀䰀唀匀䤀嘀䔀伀倀倀伀刀吀唀一䤀吀夀 

䈀夀嘀䄀唀䈀䄀一刀䔀䄀䰀䔀匀吀䄀吀䔀 

倀䄀吀吀䄀夀䄀䀀䌀伀䴀倀䄀一夀嘀䄀唀䈀䄀一 ⸀ 䌀伀䴀 

⬀ 㘀㘀 ⠀ ⤀アパート㠀㈀㔀㜀㈀㤀 



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. 

SURVEILLANCE 

CAMERAS IN 

ASIA GROWING 

IN NUMBERS 

According to Comparitech. 

com, a resource that provides 

resources regarding privacy and 

surveillance, Big Brother is certainly 

watching especially in China, 

which has become home to 

many of the most watched cities 

in the world. Yet in many cases 

more cameras do not equate to 

substantially less crime. 

In worldwide rankings, China’s 

cities appear in 8 out of the top 

10 positions including the number 

one spot with Chongqing sporting 

168.03 cameras per 1000 of 

population. That’s one camera for 

every 6 people in a city of 15.354 

million citizens. Shenzhen takes a 

close second with 159.09 cameras 

per 1000 citizens. In third place 

is Shanghai with 113.46 eyes in 

the sky, or on the street, for every 

1000 people on the ground, still 

more than a 1 in 10 ratio. 

Outside of China, but still in 

Asia, Singapore takes 11th position, 

with 15.25 cameras per 1000 

of population. Bangkok has fewer 

cameras and is in 31st position 

worldwide, with 5.16 cameras per 

1000 people. 

The only two places joining 

China in the top 10 list is London 

in sixth position with 68.4 cameras 

per 1000 people and Atlanta in 

the U.S. in tenth place with 15.56 

cameras per 1000 of population, 

just ahead of Singapore. 

Sydney, Moscow, New Delhi 

Berlin and Dubai all made it into 

the top 20. 

London was in the number 

one position in the world as recently 

as 2017, which just shows 

how quickly China is expanding 

its network of cameras. 

At the current rate of expansion, 

Comparitech suggests that 

by the end of 2020, China could 

have a whopping 626 million surveillance 

cameras in use. That’s 

at least triple the amount in use 

now and will equate to 1 for every 

2 people! 

TOURISM IN 

ASEAN BRINGS 

IN BUMPER 

REVENUE 

Tourism numbers in ASE- 

AN countries has increased by 

around 7 per cent based on full 

year numbers for 2018 as published 

by the World Tourism Organization. 

This has helped all the 

countries in the bloc to receive 

much needed revenue and boost 

their tourism sectors. 

Thailand leads the way with 

US$63.042 billion in receipts. Singapore 

came in second place with 

US$20.528 billion. 

Malaysia, Indonesia and Vietnam 

rounded off the rest of the 

top 5 positions with US$19.143 

billion, US$14.11 billion and 

US$10.08 billion respectively. 

The Philippines came in at 6th 

place followed by Cambodia in 

7th position. 

Worldwide, tourism in the 

same period increased by 6 per 

cent, significantly higher than the 

predicted rate of 3.7 per cent. 

The main drivers of the accelerated 

rate of travel across the 

world were lower airfares, technological 

advances and improved 

visa processing for many countries. 

Read Online At 


LOW COST CAR HIRE 

Hatchback, Saloons, SUV & Trucks 

First class rental insurance 

Unlimited kilometres 

24 Hour breakdown cover 

Flexible hire terms 




SUDOKU 

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

and not too frustratingly hard, for the average person. 

3 9 

7 

6 

3 

7 6 

9 4 

1 5 

4 

9 

4 6 

3 7 

4 9 

6 7 

3 

2 

3 2 

5 

4 5 

1 

2 6 

4 7 

8 3 

9 

5 

1 

6 2 

4 

3 7 1 

9 2 

8 

2 

4 

9 

8 

3 4 

5 2 

2 

1 6 

6 

3 

3 2 

6 7 

7 4 

7 6 8 

5 9 1 

2 3 4 

8 1 2 

6 7 3 

9 4 5 

3 8 9 

1 5 6 

4 2 7 

7 3 6 

9 8 4 

2 5 1 

3 6 2 

5 1 7 

8 4 9 

1 7 5 

6 9 8 

4 2 3 

4 1 3 

7 2 8 

5 6 9 

9 4 5 

2 8 1 

6 3 7 

1 7 4 

8 9 2 

3 5 6 

9 2 5 

1 7 6 

3 8 4 

8 5 1 

2 4 9 

7 6 3 

6 3 2 

4 1 7 

5 9 8 

5 9 2 

3 4 6 

1 7 8 

7 6 3 

9 5 4 

2 8 1 

6 2 5 

4 3 7 

8 1 9 

1 4 8 

5 3 2 

6 7 9 

4 9 7 

8 6 3 

2 5 1 

9 8 4 

3 2 5 

7 1 6 

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

ACROSS 

1/ Musician (9) 

5/ Polo sticks (7) 

8/ Seed (3) 

9/ Demolish (7) 

12/ Responses (7) 

CROSSWORD 

DOWN 

1/ Third sign of the Zodiac (6) 

2/ Cover (5) 

3/ Rodent (3) 

4/ Dullness (6) 

6/ Strong tree (3) 

7/ Mariners (7) 

10/ Express Mail Service (init) (3) 

11/ First name US baseball player Cobb (3) 

1. In which country would you find Mount Sinai? 

2. How many countries and principalities share a border with France. 

3. Which sign of the zodiac would you be if your birthday was on the 18th 

October? 

4. Which European country had three kings named Leopold who reigned 

for the majority of the years between 1831 and 1951? 

5. Of what is semiotics the study? 

TRIVIA Quiz 

1 2 3 4 

5 6 

7 

6 

6. In a standard UK Monopoly game, the green set consists of Bond Street, 

Regent Street and which other? 

7. Which birthstone is associated with the month of May? 

8. Which country has the internet domain extension .hu? 

9. What does UNESCO stand for? 

10. Which measurement of speed is equivalent to one nautical mile 

per hour? 

8 

9 

11 

12 

9 

10 11 

1. Egypt 2. 8 (Belgium, Luxembourg, Germany, Switzerland, Italy, Monaco, Andorra and 

Spain) 3. Libra 4. Belgium 5. Signs and symbols 6. Oxford Street 7. Emerald 8. Hungary 9. 

United Nations Educational, Scientific and Cultural Organisation 10. Knot 

Answers: 

12 

CROSSWORD ANSWERS 

ACROSS 1/ Guitarist 5/ Mallets 8/ Nut 9/ Destroy 12/ Answers 

DOWN 1/ Gemini 2/ Intel 3/ Rat 4/ Tedium 6/ Elm 7/ Sailors 10 EMS 11 tye 

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. 



BANGKOK 

SEES STRONG GROWTH 

OF CO-WORKING SPACES 


Co-working spaces have recently 

become all the rage of late 

as they boast affordable, flexible 

hot-desking with the benefit of an 

immersive experience. 

Boosted by an ever-increasing 

mobile workforce, new startup entrepreneurs 

and technology that 

allows anyone to work from anywhere, 

co working spaces are increasing 

in numbers. 

They look and feel like large 

modern coffee shops with big 

shared desks, sofas, been bags, 

bright colors and plenty of light. 

However, co-working spaces have 

some significant distinctions. 

One of the most sought after 

aspects for many is the ability to 

mingle with like-mindedentrepreneurs 

who may be in the process 

of commencing a startup. Many 

people meet at these places, swap 

ideas, form partnerships, and grow 

their enterprises just by meeting 

the right people at the right time, 

something that may be more difficult 

to achieve in a coffee shop. 

Also some co-working spaces 

provide a mailing address where 

you can receive important documents 

as well as allow you to provide 

a corporate address on websites 

and business cards etc. 

Other benefits include meeting 

rooms, event workshops, and the 

possibility of upgrading to small 

private office spaces whilst still 

maintaining the community work 

advantages. 

Freedom to hot-desk and to 

come and go as you pleasefor a 

modest fixed cost each month, 

without a long lease contract is 

also a draw. 

It is little wonder then that 

Bangkok is seeing a significant 

rise in co-working spaces entering 

the market. In 2013 there were 

21,574 square meters of co-working 

space available in the city, but 

within the last 6 years this has risen 

six-fold to 123,570 square meters 

in over 120 locations. It is expected 

that this number will rise by 

50 per cent in the next two years. 

With hosting companies such 

as WeWork hitting the headlines, 

expect more major players to enter 

the sector. Indeed WeWork alone 

is expected to provide an extra 

20,000 square meters of co-working 

space in Bangkok spread over 

5 locations by the end of 2021. 

Theassociate director of research 

at Colliers International 

Thailand, Phattarachai Taweewong, 

was quoted as saying,”Despite 

an economic downturn, big 

co-working space players continue 

expanding their spaces in Bangkok 

as Thailand is a new production 

base for businesses relocating 

amid the trade war.” 

Co-working spaces are also 

being looked at carefully, not 

only by individuals, but also by 

companies wishing to relocate to 

Bangkok. Office space is in short 

supply, whilst at the same time, 

many new staff like the open environment 

of co-working spaces. It 

makes sense to start with a flexible 

arrangement. 

Mr. Phattarachai was also 

quoted as saying, “These companies 

will use co-working spaces 

until new office supply enters the 

market over the next few years,” 

adding, “Some firms want to attract 

talented people who prefer using 

co-working spaces.” 

BitSiren 113/228 Anuphas Golf Ville Moo 7, T. Kathu, A. Kathu, Phuket 83120 Thailand 

T +66 76 319 179 F +66 76 319 178 contact@bitsiren.com - www.bitsiren.com 

Do you provide free WiFi 

to your guests? 

Do you need to comply with data collection laws? 

Connect2Social provides affordable legally compliant 

intelligent business software that captures valuable 

customer data. 

Guests help promote your business through social media, 

and the customer data can be used to directly market 

special promotions, upcoming events and to reward loyalty. 

Perfect for Hotels, Restaurants, Cafes, Bars, Retail outlets, 

Salons and Shopping Malls. In fact any business that 

interacts with customers. 

You can now enjoy the same 

data collected by online 

businesses to help you remain 

connected to your customers 

and drive repeat business. 

For more information, visit our website 

www.connect2social.com or contact us 

at sales@connect2social.com 

one stop service 

In these competitive times, the company that innovates and 

nimbly adapts to the changing business landscape, stays ahead 

of the pack. A balance of cutting edge technology, on trend 

marketing and classic business expertise will ensure that your 

company stays out in front. For custom-designed IT, Web & 

Marketing Solutions that present your best to a wider audience, 

BitSiren is your partner. No followers here. 



FOR SALE 

Fantastic 

12 Storey 

Building 

at Bali Hai 

(close to the Siam Bayshore Hotel) 

For Sale at an amazing 

All relevant documents – title deeds (chanote), 

etc. – are available for inspection by interested buyers. 

Property details: 12 Storeys with – 

• 6 Spacious Studio Units (40 sqm) 

• 12 Large One Bedroom Units (80 sqm) 

• 3 Penthouses with direct elevator access (150 – 180 sqm.) 

• 13th Storey with one apartment with a huge balcony and panoramic views 

of Pratumnak mountain and across Pattaya Bay 

• Land Area: 105 square wah 

• All rooms fully furnished. 

• Swimming Pool on the 2nd Floor. 

• Car Parking area. 

• Elevator with personal key access to Floors 10 – 12. 

• Internet system, CCTV, Sophon Cable. 

• Fire alarm system throughout, with fire escape stair well. 

This property sits near the end of a quiet Soi close to the Siam Bayshore Hotel. 

It provides the best of both worlds – with the feeling of being surrounded 

by nature and yet in the heart of the city! 

FOR FULL DETAILS ON THIS 

PROPERTY, CONTACT BEN@ 

084-677-4360 

E-MAIL : Hightowerpattaya@gmail.com 

(*This property is for sale exclusively through the Business Supplement)

BKK_BUS_Nov19

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