PTY BU SUP_Dec19

December 2019

FREE

COPY

AN OASIS IN THE CITY AWAITS

YOU AT THE THAI GARDEN RESORT

Cover Story Overleaf

Thai Garden Resort

Pattaya

Thailand

INSIDE THIS ISSUE:

- Mortgage Lending Increases At Most Large Banks

- Thailand Business News

- Around the Asian Region

ADVERTISEMENT

10am to 10pm

SCAN

THIS

AREA

Order food online:

www.frasersdirect.com

FREE Cheesecake

with your first order!

BUSINESS SUPPLEMENT

Cover Story

AN OASIS IN THE CITY AWAITS

YOU AT THE THAI GARDEN RESORT

Tropical gardens, a huge 63

meter lagoon swimming pool, and

gracious friendly staff are just a few

of the delights that you will find at

the Thai Garden Resort.

Located in a prime position

along Pattaya North Road, it is

easy to find as it is almost directly

opposite the new Terminal 21

shopping mall. It is also very easy

to reach from the Bangkok-Pattaya

motorway, allowing you to avoid

Pattaya’s traffic and reach the hotel

quickly and effortlessly.

The immediate vicinity has

many other attractions including

the Central Marina shopping complex,

Art in Paradise, Tiffany show

and an array of local shops and

restaurants, all within walking distance.

Once in the resort, guests are

greeted by friendly staff in a traditional

Thai-style, spacious, openair

lobby adorned with orchid arrangements

and original applique

murals created by artisans from

Chiang Mai.

Classical Thai statues are

tastefully displayed throughout the

entire resort, as are exotic flora, including

carefully tended Koi trees

and foxtail palms.

The Thai Garden Resort spans

some 25,000 square meters and

comprises 227 rooms and apartments,

all of which are in low-rise

buildings to make the most of the

tropical surrounds.

The hotel offers various comfortable

room types, including spacious

35 square meter standard,

superior and deluxe pool view

rooms, as well as deluxe garden

view rooms. Try out the 49 square

metre deluxe apartments that have

a suite layout and feature a separate

livingroom and bedroom.

The hotel is very conscious of

catering to disabled guests and so

all areas of the hotel are wheelchair

friendly. An additional room

type for disabled patrons is also

offered, which includes a drive in

shower and a separate living room

and bedroom.

All rooms offer free high-speed

Wi-Fi, 70 television channels on a

flat screen TV, a safety box

Thai Garden Resort

Pattaya

that is large enough to fit your

laptop into and a refrigerator with

complimentary water. Both rain

style and hand held showerheads

feature in the bathrooms as well as

a hair dryer.

The hotel is environmentally

friendly, reducing its packaging

footprint and using solar panels to

heat the water.

Thailand

The 63 meters long swimming

pool is the heart of the hotel and

it features a Jacuzzi area, stimulating

water features, aqua beds and

even foot massage and a separate

children’s pool as well.

Plenty of sunbeds surround the

pool area each with a service button

connected directly to the poolside

bar to call the service staff

instantly.

The Thai Garden Resort has an

elegant restaurant overlooking the

tropical gardens and the lagoon

swimming pool with in- and outdoor

seating. Here, you can enjoy their

rich buffet breakfast each morning

from 06:00 AM till 11:00 AM specially

for those who like to wake up

late.

Nightly from 6.00 p.m. to 9.00

pm every evening, an all-you-caneat

buffet is offered with varying

themes and cuisines such as Italian,

International, BBQ, Steaks &

Skewers and A German buffet with

Roasted Pig. The buffet is open to

all and is very reasonably priced at

just 499 baht all-inclusive net price.

For families, children under 12

years old eat for only 299 baht net.

The Thai Garden Resort is very

proud of the personal touch that

it offers, and guests have come

to appreciate it over the years. All

the staff enjoy working at the resort

and many of them have been there

for a long time, greeting returning

guests time and time again. The

exceptionally high level of customer

satisfaction is reflected on websites

such as Trip Advisor.

For more information please

call 038 370 614; email: guestservice@thaigarden.com

or visit their

website at www.thaigarden.com

High Tower Co., Ltd. Tel: 038 411 009 For all your advertising enquiries - Tel: 0846 77 43 60

BUSINESS SUPPLEMENT

THE ‘ONE & ONLY’ SOURDOUGH, STONE-OVEN-FIRED PIZZA IN PATTAYA

Discover a contemporary Italian

restaurant positioned at the prime

frontage of the Avenue Pattaya

and you would be at Sergio’s Pizza

Factory. You would also discover

authentic Italian cuisine and so

much more with Sergio’s modern

Milanese décor and generations old

‘Nonna’ Italian recipes.

At Sergio’s they begin with authentic

Italian recipes, traditional in

nature but with a modern twist, recipes

passed down from mother to

mother for generations. As then and

as it is now, it is all about flavour and

goodness, exciting our tastes with

refined recipes ‘just like Mama use

to make’ and using the healthiest

and freshest produce available.

Sergio’s is also home to the

‘one and only’, stone-oven-fired and

sourdough pizzas in Pattaya, offering

more than 20 authentic Roman

style pizzas in three different sizes.

Sergio’s first unique feature is in its

healthy and natural sourdough yeast

that they affectionately call Maria.

The yeast is many years old and

forms the basis of the sourdough

made fresh daily and cold cured for

a number of days. Sergio’s sourdough

is then hand-stretched with

artisanal flair to preserve the aeration

and texture of the sourdough,

before being topped with imported

Italian produce and stone-ovenfired

to perfection in the traditional

Italian manner.

The second unique feature to

discover is that Sergio’s only uses

the finest imported Italian produce

including; mozzarella, Parmesan,

tomato, prosciutto, pepperoni, pancetta

and other fine produce in the

creation of their ‘thin & crispy” authentic

Roman style pizzas. You

can choose from Italian Classic

favourites like; Margherita, Napoletana,

Pepperoni, Diavola and Vegetariana,

or Gourmet style such as;

Siciliana, Fruitti di Mare, Proscuitto

Crudo – a Parma classic, Capricciosa,

Canivora and Quattro Stagioni

…to mention a few.

At Sergio’s they don’t just rest

on their laurels of pizza alone, offering

an excellent menu of Antipasto,

Pasta, Soup, Salads, and

Desserts. Choose from classics

like Bruschetta, Calamari Fritti,

Proscuitto Mascarpone, Minestrone,

Gnocchi, Lasagne, Ravioli,

Spaghetti al Pomodoro, Penne

Arabiata, Fettuccini Bolognese and

Spaghetti alla Carbonara, or for

Dessert sample delicious ‘homemade’

Gelato, Tiramisu and Panna

Cotta.

Sergio's also offers great value

Lunch promotions on weekdays,

such as its 'LA DOLCE VITA' lunch

special. So spoil yourself and enjoy

the good life every weekday

with their Italian Two Course Lunch

special for only B229*. Savour your

choice in Appetisers of a hearty Italian

Minestrone Soup or Chef's Garden

Salad followed by your choice

of Main Courses including an authentic

Italian Spaghetti Pomodoro

or a Margherita Pizza. Or choose

Three Course Lunch for B299*,

which includes Dessert choices of

Tiramisu or Panacotta.

Fancy a Free Margherita Pizza?

Everyday special at Sergio’s is the

Free Pizza Deal and is available

when you order a Caesar Salad

and one glass of House Wine/Beer/

Soft drink… all for only B299* and

you’ll get a free Margherita Pizza.

At Sergio’s, and as it is in Italy,

eating is more than just feeding….

believing in ‘La Dolce Vita” or ‘the

good life’ and that dining is more

about sharing fine food with family

and friends.

Discover the difference today.

Sergio’s Pizza Factory.

The Avenue Pattaya,

Second Rd, Pattaya (Central)

Ph: 038 723 928

www.sergiospizzafactory.com

Pizza lovers love Sergio’s

WOOD FIRE SOURDOUGH PIZZA

& SO MUCH MORE...FOR LESS

An authentic Italian experience and menu with delicious Antipasto, Pasta, Soup, Salad,

Classic and Gourmet Sourdough Pizza, Dessert, Italian Coffee, Wine and an extensive

selection of beverages from our International Bar to savour.

Discover the difference today! Get 10% off your food bill this month by scanning the

QR code or by bringing this Ad in when you dine. Terms and Conditions apply. *

The Avenue Pattaya, Second Rd., Pattaya. Ph: 063 181 6050 sergiospizzafactory.com

*10% DIDCOUNT ON FOOD ONLY UPON PRESENTATION OF COUPON OR THIS AD. VALID FOR DINE IN ONLY DURING DECEMBER

* 10% DIDCOUNT ON FOOD ONLY UPON PRESENTATION OF COUPON OR THIS AD. VALID FOR DINE IN ONLY DURING OCTOBER

2019. 2019. NOT NOT VALID VALID WITH WITH ANY ANY OTHER OTHER PROMOTION

PROMOTION

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com

BUSINESS SUPPLEMENT

FOR SALE

FORMULA-32- FAST-TECH 312 Twin V8 x

420HP MERCURY-MPI

Your

Choice: 50% Ownership or 100% Ownership

800,000- THB

1,550,000- THB

Twin V8 x 420HP MERCURY-MPI BRAVO-1 Drives.

Share maintenance and monthly running costs

if 50% ownership option agreed.

Simple agreement can be managed by both parties.

Boat’s Features:

- Shower

- Toilet

- Stereo

- Trailer

- Log book

- Handbasin

- Running water

Boat Electronics:

- GPS / Sat Nav

- VHF Radio

- Nav Lights

- Type of Boat: Power Boat

- Model: FORMULA-32

FAST-TECH Series

- Make: FORMULA

- Year: 2000

- Length: 32’

- Beam: 2

- Draft: 1

- Hull Type: Fibreglass

- Number of Engines: 2

- Horsepower: 440 x 2

- Estimated Running Hours: 275

- Fuel Type: Petrol / Gasoline

- Fuel Capacity: 500L

- Total Passenger Capacity: 10

- Number Of Berths / Sleeps: 2

- Condition: Excellent

Eng: 089 898 8587, Thai: 089 827 8774

Email: Graemefoster30@hotmail.com

THE THAILAND ELITE

RESIDENCY PROGRAM

Thailand Elite, is a program initiated

and supported by the Thai

government since 2003. Managed

by the Ministry of Tourism, this

unique program allows you to become

a resident of Thailand and to

get access to numerous benefits

and privileges: 5-20 years visa,

VIP welcome upon arrival in Thailand,

transportation from the airport

to your place, help in obtaining

a Thai driving license, opening

a bank account, discounts on golf

courses, hotels and spas, shops

restaurants, hospital care and

24/7 assistance.

Membership in the program

also entitles any member to reside

in the Kingdom on a 5-year multiple

entry visa (renewable by membership),

without having to leave

the country.

"Joining the Thailand Elite program

means accessing unique,

prestigious and personalized services

that will make your stay in

the land of a smile unforgettable”.

• Thailand Elite Easy Access -

5 years

● Validity of membership: 5 years

● Visa: 5-years

● VIP assistance at Bangkok and

Phuket airports

● Concierge service 24/7

● Administrative assistance in

Thailand (driver's license, bank

account, etc...)

● Limousine service from the airport

to your place (24 times a year)

● Possibility of upgrade to Thailand

Elite Grand Package

● Cost: 500,000 THB

Thailande Elite Family

Excursion - 5 years


● Visa: 5-years

● At least 2 people (or more)


Phuket airports




account, etc...)



● Cost: 800 000 THB (for two people)

● To add a family member 300 000

THB

Thailand Elite Family

Alternative - 10 years


● Visa 10-years


Phuket airports




account, etc...)

● Cost: 800,000 THB


THB

Thailand Elite Privilege Access

- 10 years


● Visa: 10-years


Phuket airports




account, etc...)



● Annual health check

● Cost: THB 1,000,000


THB

Thailand Elite Superiority Extension

- 20 years


● Visa: 20-years


Phuket airports




account, etc...)

● Cost: THB 1,000,000

Thailand Elite Grand Package -

20 years


● Visa: 20-years


Phuket airports




account, etc...)


to your place (unlimited)

● Annual health check

● Golf, 24 times a year

● Spa, 24 times a year

● Cost: 2 120 000 THB + annual

fee of 20 000 THB / year

The process is very simple:

● Fill up the application with a copy

of your passport and an ID picture.

● Verification of the documents

and approval by the authorities

(30 days)

● Once the file has been approved:

payment of the subscription to

Thailand Elite (3 days)

● Validation of the payment and

finalization of the file: 5 to 6 days

● You are a now a Thailand Elite

member!

● Your visa can be affixed to your

passport within 72 hours, the visa

is obtained directly to the immigration

in Bangkok if you are already

in Thailand, or in Bangkok (Suvarnabhumi),

Phuket or Chiang Mai

airports on arrival from an international

flight.

The entire process can be

done remotely. Thus, you become

a member once the formalities are

completed, and your visa will be issued

directly at the airport (Bangkok,

Phuket or Chiang Mai) by the

Thailand Elite team.

Sounds good to you? So get in

touch now to get additional information,

or see the Back Page of

this edition of the Business Supplement.

● pattaya@companyvauban.com

● +66 (0)38 251 729

Do not forget to mention you

saw us in the Business Supplement!

High Tower Co., Ltd. Tel: 038 411 009 For all your advertising enquiries - Tel: 0846 77 43 60

BUSINESS SUPPLEMENT

WWW.VAUBAN.CO.TH

The best of Thailand’s real estate since 2006

INVESTMENT • LIFESTYLE PROPERTIES • EXPAT RELOCATION • SOLE AGENCY

PROFESSIONAL END TO END SERVICES

INVESTMENT, PROPERTY MANAGEMENT

LEASING AND RESALE DEPARTMENTS

Bank Opening assistance &

Chiang Mai

A FULLY INTEGRATED

REAL ESTATE BROKER WITH

6 BRANCHES IN THAILAND

WE SPEAK YOUR LANGUAGE

Bangkok

Hua Hin Pattaya

Samui

Phuket

Pattaya Office:

Chateau Dale, 306/71

Thappaya Road, South Pattaya

Tel: 038 251 729

Email: pattaya@companyvauban.com

Bangkok Office:

Trendy Office Building, unit10/36 Soi Sukhumvit 13,

Sukhumvit road. Klongtoey Noey, Wattana 10110 Bangkok

Tel: 02 168 7047

Email: bangkok@companyvauban.com



b i s t r o

b i s t r o

BUSINESS SUPPLEMENT

“Bits n Bytes”

STEVE DICKENS

WE ALL LIKE A GOOD

CHRISTMAS HORROR STORY

We all like a good Christmas horror

story, so here are some real life

examples I have gleaned from the

internet with names withheld to protect

the innocent!

The world falls silent. All you

can hear is the echo of your heart

pounding, palpitating as beads of

cold sweat trickle down the side of

your face. You feel nothing, except

for the lump in your throat and nausea

quickly creeping in as you realize

that something has gone wrong.

Very wrong. We've all been there —

that dreadful moment when a technology

mishap became our worst

nightmare.

From human error and system

failures to bloodsucking hackers

and thieves, here are some of the

scariest experiences that have sent

business people running, crying,

and even transmogrifying into expletive-throwing

beasts as technology

took a turn for the digitally macabre.

THE DEMON IN

THE DATABASES

My company develops some of

the top mobile apps for planning

and starting a business. We have

250,000 downloads across iOS, Android

and Kindle.

Recently, I had a huge disaster. I

was cleaning up some old tables in

a database and noticed a table with

a weird table name. I thought that it

was something experimental from a

long time ago and deleted it.

Then, literally five minutes later,

I started getting emails from my

app users that their business plans

were deleted. And there are something

like 26,000 business plans on

my apps.

I was like, "Oh my god, I just deleted

the business plans."

Mind you, these are business

planning apps — this is why people

use them. So the No. 1 function of

the app got totally wiped out.

After a day with my hosting provider,

for a fee, they restored my database

from the day before. So I am

99 percent OK. But OMG, that was

a scare!

THE MYSTERY IN

THE SERVER

One business owner we spoke

to a few years ago swore that his

company didn't have any IT problems

to speak of. Respecting their

verdict, we simply asked if they had

any IT questions as a courtesy for

their time. The business owner himself

stated that he had one question.

His server was almost to capacity,

though he was fairly certain he didn't

have that much data.

He allowed us to do a quick diagnostic.

Sure enough, someone

had hacked into his system and was

using it to spam pornography. We

helped move him to a more stable

platform

THE

WITCH CRAFT IN

THE

OPERATING

SYSTEM

It happened out of the clear blue

sky. Once my husband made the mistake

of clicking on a fake Microsoft "security

alert," Russian thieves took over

our entire operating system. Despite

all sorts of "foolproof" anti-whatevers,

my computer was being held hostage.

Luckily, we have a friend who has

his own computer security company

and he drove down both times from

near Dallas to Austin. And luckily, we

had backed up most of our information.

But until he could get things straightened

out, we could not use our computer,

not even to access our files or

anything. The first time, he replaced

our entire operating system and updated

the security.

Then it happened again. The second

time was such a mess that we had

to locate the virus first before we could

even dump the old program. That was

nerve-racking even for our friend. Apparently,

the thieves get more sophisticated

in their attacks with "root viruses"

and other such nightmares. Our friend

tells us that these thieves that take

over your system and then want you to

pay for them to "fix" it are catching up

with the drug dealers in making illegal

money.

Now I just say screw it and have

cheap junk backup computers ready to

go. It is cheaper to just fire up a new

system than to pay the crooks or to get

a technician.

Hope you enjoyed those tales,

and Merry Christmas everyone!

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

bistro

ITALIAN RESTAURANT

HOME SPECIALTIES

PASTA LUNCH

OR PIZZA OF THE DAY

FROM

12 am - 4 pm

GLASS OF WINE

OR

SOFT DRINK

OPEN FROM

12 am - 11 pm

250.-

JOIN US FOR OUR NEW

LATE NIGHT

Present

a

CARPACCIO

ENJOY CARD

to us

b i s t r o

ITALIAN RESTAURANT

HOME SPECIALTIES

038 119 132

CARPACCIOBISTRO

CARPACCIO

JOMTIEN, THAPPRAYA RD

Tel: 038-119-132

CARPACCIOBISTRO

ถ.ลงหาดจอมเทียน

TAXI:

Advertise with your own enjoy card - Call 089 249 2778

www.enjoycardsthailand.com

and receive a FREE glass of wine

with your food

(ONE PER CUSTOMER)

JOMTIEN

COMPLEX

JOMTIEN BEACH

THAPPRAYA RD.

JOMTIEN 2nd RD. PATTAYA

JOMTIEN

COMPLEX

bistro

JOMTIEN BEACH

ELEVEN

038 119 132

CARPACCIOBISTRO

JOMTIEN, THAPPRAYA RD

THAPPRAYA RD.

PATTAYA

JOMTIEN 2nd RD.

Wine, Cocktails & Tapas

Relax with your friends

in a cosy atmosphere.

11 pm - 2 am

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

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

BUSINESS SUPPLEMENT

Thai Decor

Best Quality, Best Prices

Looking

for

Something

Different?

Great selection of ideal

to choose from

Unique and Inexpensive!

We buy and sell

Thai and asian art and

design, Antiques and

good quality furniture at

realistic prices

www.thaidecorthailand.com

Open: Monday - Friday 10.00 a.m. - 5.00 p.m.

Saturday 10:00 a.m. - 4:00 p.m.

(or by appointment)

Worldwide Door - to - Door Shipping Service

See our location on the Pattaya centre map, ref: 19

FOR APPOINTMENTS & ENQUIRIES:

English: 081 000 7664

Thai: 087 134 7883

Email: rogermynott@gmail.com

Shop: 315/48 Thepprasit Road, Nongprue, Banglamung, Chonburi 20260 Thailand

Warehouse: (by apointment) appointment) Soi Soi Welcome Town, Central Pattaya Rd, Rd, Banglamung, Chonburi 20150 Thailand

Thappraya Rd.

Food Mart

Rompho Market

Thepprasit Rd.

Soi Rompho

Thepprasit Soi 17

Colosseum

Show

Pattaya



BUSINESS SUPPLEMENT

This CONDO is like

a lovely House

in a Beautiful Garden..

People Say!

1 bed 1 Bath -89 Sq Mt

completely renovated garden level -

in this magic location!

HEALTH ISSUES

FORCE SALE

PRICE REDUCED

1 MIL TB

NOW TB 4.95 MIL

T H E N E O N C L O S E T . C O

+ 66 (0) 89 404 1575

From a shell - we installed new walls - ceilings - floors -

wiring - plumbing - 3 Daikin inverter units -

new lighting - chefs kitchen - wardrobes -bathroom..

Yes its for sale - & everything you see is included -

furniture - artworks - lamps & rugs -

ALL NOT A YEAR OLD TOO!

Call - Phil - + 66 (0)89 404 1575

Email: Phil.CDTB@outlook.com

www.ChateauDaleThaBaliCondo.com

Sands

Cafe

NOW OPEN

Soi 5, Pratumnak

Sands

Pratamnak Beach Soi5

Big Buddha

Pattaya Beach

Pra Tam Nak Rd.

Pra Tam Nak 5

Thappraya Rd.

Sands

Cafe

352/11 Moo 12, Pratamnak Soi 5

Banglamung, Chonburi 20150

Jomtien Beach

Pattaya

Provincial

Court



CALLS FOR MORE

STIMULUS TO

HELP THE

BANGKOK CONDO

MARKET

Recently, the cabinet commenced

a quite attractive property

stimulus package aimed at enticing

buyers. It included a cut of

transfer fees to just 0.01 per cent

from 2 per cent for all properties

priced at 3 million baht or below.

The package will continue for

another full year until 24 th December

2020. This represents

quite a saving for a condo transfer.

Whereas previously it would have

cost between 30,000 and 40,000

baht for fees for transfer of a 1.5

million baht condo, the cost has

been reduced to less than 10,000

baht and in some cases the fees

will accrue to be just a couple of

thousand baht.

However condo developers

are calling for more stimuli in the

market, citing the cut in transfer

rates as not enough. Of particular

importance is to change mortgage

acceptance criteria including the

Bank of Thailand's more stringent

loan-to-value requirements in order

to reduce the mortgage rejection

rate.

BUSINESS SUPPLEMENT

THAILAND BUSINESS NEWS

It was noted that between 30

per cent and 50 percent of all

mortgages were rejected. At the

same time cash buyers from overseas

were responsible for only a

very small number of property purchases

due to the strong baht and

weak overseas currencies. Thus

the market was looking to domestic

buyers who usually buy using a

mortgage.

THAICOM TO GIVE

UP ITS SPECTRUM

RANGE FOR 5G

Thaicom Plc., a leading satellite

provider, has announced

that it will exit the 3400-3700MHz

spectrum range in order for 5G

networks to utilize it. The National

Broadcasting and Telecommunications

Commission (NBTC) has

arranged the exit so that it can

auction off the spectrum to new

5G operators.

The NBTC will consider the

compensation amount for the

spectrum being vacated. The Digital

Economy and Society (DES)

Ministry is the owner of Thaicom's

concessions which will end anyway

in September 2021. These

concessions cover satellites 4, 5,

and 6.

Thaicom chief executive,

Anant Kaewruamgvongs, was

quoted as saying, "Thaicom management

acknowledges that the

NBTC and Digital Economy and

Society (DES) Ministry are in talks

about spectrum recall,” adding,

“Thaicom has to wait for an official

letter from the DES Ministry and

the NBTC, as well as the discussion

framework and study from the

NBTC's advisory team, which will

be appointed in the near future.”

KASIKORN BANK

AND BANGKOK

BANK CUT

INTEREST RATES

Kasikorn Bank and Bangkok

Bank announced rate cuts of 0.25

per cent based on the recent similar

move by the Bank of Thailand.

www.thaicom.net

Minimum lending rates at both

banks will drop to 6 per cent.

The aim is to spur economic

growth and also to help the housing

sector.

Other banks such as the Government

Savings Bank and Siam

Commercial also cut their rates in a

prior move.

The Bank of Thailand reduced

interest rates to 1.25 per cent, the

lowest since the global financial crisis.

It comes at a

time when other banks across

the globe are also reducing interest

rates from already low levels to near

zero to prop up sluggish economic

growth.



BUSINESS SUPPLEMENT

FOREIGN CURRENCY UPDATE

The U.S. Dollar fell in value

after the Federal Reserve announced

another interest rate

cut, however the weakness was

fleeting and the greenback rose

back to its highs of the month. The

DXYDollar index, an index that

measures the U.S. Dollar’s value

against a basket of major currencies,

fell from 98.45 to 97.24 before

returning to 98.40. Against

the Thai baht, the rate moved from

30.26 to 30.39, showing that the

Thai currency weakened, but only

very slightly.

The Pound has managed to

keep most of its gains from the

previous month’s move against

the U.S. Dollar, remaining broadly

in the range of 1.2750 to 1.2950.

This is likely to be due to the reduced

chance of a no-deal Brexit.

With the Brexit deadline extended,

the focus is now on the snap

general election and also economic

factors including a slightly

more dovish stance by the Bank of

England at its latest interest rate

meeting. Economic matters such

as downgrades by major credit

rating agencies had taken a back

seat but appear to now be coming

to the fore. Of course Brexit will

rear its head again soon enough

too. Against the Thai Baht, the

Pound was range bound between

38.70 and 39.20.

The U.S. Dollar vs. Japanese

Yen cross rate was choppy but

generally on a weakening trend.

The yen moved from 108.10 to

109.23, a moderate move for the

pair. When the cross rate rises, it

indicates that the Dollar buys more

Yen and so the Yen is reduced in

value. Given that the dollar hasn’t

moved much, the weakness is

mainly Yen based, but is not large

enough to be considered significant.

Against the Thai Baht, the

Yen fell from 0.2797 to 0.2757.

The Russian Ruble has been

almost entirely flat against the U.S.

dollar moving in just a 0.5 Ruble

range from 64.2 to 63.7. This very

quiet month may precede a more

volatile outbreak later on. Against

the Thai Baht the Ruble was also

flat at 0.4750

The Euro / U.S. Dollar exchange

rate rose from 1.1019 to

1.1180 as the greenback weakened

but reversed course and

ended up almost back at the start

position at 1.1024. Even though

the ECB has decided to push interest

rates deep into negative territory

there has been no noticeable

effect on the currency and this

is borne out by the fact that the

moves in the last month were dollar

driven rather than Euro driven.

Against the Thai Baht, The Euro

moved from 33.45 to 33.70 only to

return back to 33.45.

FOREIGN CURRENCY UPDATE

is brought to you by

World Transfer

GET A BETTER DEAL FOR YOUR MONEY EXCHANGE

061 608 4830

contact@worldtransfer.online

www.worldtransfer.online

World Transfer Paris Bangkok London


Send money worldwide

It’s easy and free to open an account online

Send money overseas easily and securely,

with bank-beating exchange rates

The easy way for businesses to transfer foreign currency online 24/7 and private customers

to manage payments overseas, such as for a second home or education fees.

FINANCIAL ANALYSIS INVESTMENTS INSURANCE BUSINESS SUPPORT

www.worldtransfer.online www.worldinvestmentguarantee.com www.assurancepattaya.com

Office: 061 608 4830

contact@worldtransfer.online

Thepprasit Market next to 3BB

Thepprasit Rd, Pattaya, Chonburi 20150

Office: 061 608 4830, 089 8113 599

WORLD INVESTMENT

GLOBAL INVESTMENT SOLUTIONS

AGSERVICE



BUSINESS SUPPLEMENT

AROUND THE ASIAN REGION

WEWORK AND

UBER WRITE-

DOWNS PUSH UP

SOFTBANK

LOSSES

Japanese Investment company

SoftBank Group lost a huge 704.4

billion Yen (US$6.4 billion) in the

quarter ending September 30th

2019. Most of these losses came

from their Vision Fund and Delta

Fund that accrued 572.6 billion Yen

in losses as WeWork and Uber investments

were written down in value

by large amounts.

WeWork in particular came into

focus after its failed IPO bid as well

as headlines surrounding the recently

departed co-founder Adam Neumann

who left with a pay-off of US$

1.5 billion, accounting for nearly a

quarter of the losses reported.

Fast growing WeWork was valued

at as much as US$47 billion at

the start of 2020, but since the failed

IPO bid in the second half of the year

the company’s value has dropped

around 80 per cent. At the same time

WeWork has since reported mounting

losses and an operating funds

squeeze requiring a large cash injection

from SoftBank to stay afloat.

CHINA’S

GOVERNMENT

ANNOUNCES

ONLINE GAMES

CURFEW

China’s government has set up

a curfew to reduce the time spent by

young people playing games online. It

is the latest clampdown by state controllers.

The new rules target anyone

under 18 and will prohibit game playing

between 10pm and 8am. Also daytime

play will be limited to only 90 minutes.

The government has a number of

weapons at its disposal including the

absolute co-operation of China based

Tvncent, the world’s largest game provider.

It also has good control over the

ubiquitous WeChat service in the

country. WeChat started off as a useful

communications platform but has

now expanded to payments and other

services and is essential for almost all

aspects of daily life. Everyone is fearful

of losing his or her WeChat account

or being blocked by WeChat. So much

so that the Chinese government has

almost total control and has a heavy

influence on consumer actions simply

by threatening to revoke their WeChat

accounts.

The new regulations will require

all gamers to register with their real

names. To thwart fake accounts being

registered, it is possible that biometric

data such as fingerprints

and face scans may follow.

These are already requirements for

other applications including WeChat

verification.

SINGAPORE’S

E-SCOOTER

SECTOR RIDES

TOWARDS A HALT

Electric scooters have enjoyed a

boom recently in Singapore but regulators

are rushing to step in after

numerous accidents have been reported,

one fatal.

There are around 100,00 electric

scooters on the sidewalks of Singapore

- that’s about a two per cent

take up rate in a city-state of just 5.7

million people.

As complaints flood in from pedestrians

the booming sector could

be braced for a slowdown.

Indeed after the death of an elderly

cyclist following a collision with

an e-scooter, Singapore regulators

have moved to ban all e-scooters

from footpaths in the city. They will

be allowed in cycle lanes but this will

limit their appeal.

To start with, those flouting the

law will be given a warning but after

January 2020 offenders will face

up to 3 months in jail. The new rules

have annoyed some owners who

consider themselves responsible users,

suggesting that only a minority

is causing the problems.

Technician, Venkata Goruganthu,

an e-scooter owner who rode

his e-scooter to work every day was

quoted as saying, “"It is definitely

over-regulation," adding, "There are

car accidents and people are dying,

are we going to ban cars on the

streets now?"

Yet opinions do differ. Bank worker,

Vasukie Mayandi, was quoted as

saying, "People are not responsible

- they are reckless," adding, "They

feel they want to move somewhere

fast, but they're not considering others

who are using the same pathway."

AMA FASHION PATTAYA

Bespoke Tailor

AMA FASHION PATTAYA IS A BESPOKE TAILOR SHOP

FOR MEN & WOMEN. OUR REPEAT CUSTOMERS SAY

AMA- FASHION IS THE SAVILE ROW OF ASIA.

WE FOCUS ON THE QUALITY OF OUR FABRICS & WORKMANSHIP.

WE ARE LOCATED AT PATTAYA KLANG,

NEAR THE JUACTION WITH SECOND ROAD.

Tel: +66 3836 1861

Mobile: +66 8151 77321

Pattaya Beach

AMA Fashion Pattaya

Pattaya Beach Road

Central Pattaya Road

Pattaya Second Road

Hard Rock Hotel

P.S. Bowling Plaza

Best Supermarket

Directions for taxi: พัทยากลาง ตรงขาม พี เอส โบวลิ่ง พลาซา (PATTAYA KLANG ROAD)



Open Daily 9:30am to 12:00am Call 0646 209 225

facebook.com/hemingwaysjomtien | hemingwaysjomtien.com

Directions: Heading to Jomtien Beach from Thappraya Road, turn right at the red archway

BUSINESS SUPPLEMENT

HEMINGWAYS –

Hemingways on the ground floor

of Jomtien Complex Condo is fast

establishing itself as the mecca for

sports viewing in Jomtien. With 13 tv

screens and 1 large projector, seating

for 150 people, quality pub grub, air

conditioning, excellent management

and staff, it’s easy to see why. Add

to this the electric atmosphere which

is created when there is every type of

sporting event possible showing, with

screams and groans from people following

their teams, it makes for a must

visit if you’re living or visiting the Jomtien

area.

The Premier League is now in full

swing with every game shown live

(within opening hours), so this always

makes for a busy Saturday with up to 6

games showing simultaneously. So no

matter who your following you will get

to see and hear the game. Even if your

team is from a lower league and the

game is being televised, you can

ask the management and

they will find you a tv and

put your team on. Additionally

they show NRL, AFL,

Formula 1, Moto GP, UFC,

Boxing, Horse Racing, Tennis,

Cricket, Golf, Darts, Snooker,

Rugby and any other sport you

would like to see.

They also have activities almost

every day of the week with

the very popular quiz taking place

on Monday starting at 8pm. Live

music on Thursday which started

on the 28th November through until

the end of March, with a stellar

line up of The Elvis Tribute, Soulmates

Duo and Barry Upton taking

centre stage.

The line-up is as follows:

Soulmates Duo - Dec. 5, Dec. 19,

Jan. 2, Jan. 16, Feb. 6, Mar. 5 and Mar.

19.

Barry Upton - Dec. 12, Jan. 9, Feb.

13 and Mar. 12.

The Elvis Tribute - Jan. 23, Feb. 27

and Mar. 26.

Ladies night on a Friday with buy 1

get 1 on many drinks, and wall to wall

sports at the weekend.

They have an extensive European

and Thai menu catering for every taste

imaginable, with a food special available

every day:

Monday - Steak Special 395;

Tuesday - Pizza & a Pint 290;

Wednesday - Pie Night 199;

Thursday - Ploughmans

Lunch 220;

Friday - Gammon Steak

199;

Saturday & Sunday - Roast

Dinners from 250

Hemingways is also serving

their very popular 3 course Christmas

Dinner on Christmas Day, full

menu and costs featured with this

article.

So if your looking for a

place in Jomtien to spend a

relaxing afternoon or evening

in an appealing atmosphere,

eat some quality

pub grub, take part in

some activities or

watch sports you

know where to go

- Hemingways!

A

Advertise

your Bar or

Restaurant here

and receive a

FREE Daily International

Newspaper . . . every day!

For details, call

084-677-4360 (Ben)



BUSINESS SUPPLEMENT

MECCA FOR SPORTS VIEWING IN JOMTIEN

If you can’t come to us,

we’ll come to you!

Order food online:

www.frasersdirect.com

FREE Cheesecake

with your first order!



BUSINESS SUPPLEMENT

FITNESS & YOU

- THE KEY TO A BETTER LIFE -

THE MYTH

OF METABOLISM

Considering most people

reading this have reached an age

where fat either is, or may potentially

be, a problem, it’s worth stating

that there’s actually no biologic

reason to get fatter as you grow

older.

Most people accept the prevailing

wisdom that metabolism

slows down, and this leads to an

accumulation of fat. Some studies

suggest that in the Western world

at least, men and women do gain

weight from the age of 35 onwards,

averaging around half a kilo per

year for men and a little more for

women.

The reason is not an aging metabolism.

While older men tend to

average 25 percent body fat and

women, by age 50, can be up

around 35 percent body fat, there

is no biologic reason for men and

women to get fat.

According to the book Exercise

Physiology, by Drs. William D.

McArdle, Frank I. Katch and Victor

L. Katch, increases in body fat are

more a function of activity than

age. Being inactive leads to loss of

muscle, and loss of muscle is the

primary cause of creeping obesity.

The remaining muscle is as metabolically

active as ever.

In a book called The Weighting

Game by Lawrence Lamb the author

quoted research which found

the energy requirement of fat-free

body weight (weight of the body

minus the body fat) were remarkably

constant for both men and

women between the ages of 20

and 60.

So, what is metabolism?

Basically, metabolism is the

chemical and physical processes

in the body that build and destroy

tissue and release energy, thereby

generating heat. Our metabolism

speeds up when we exert ourselves,

and we burn more calories.

Our metabolism slows down when

we are at rest, and we burn fewer

calories. But even at rest we continue

to expend calories.

What really happens in terms

of a ‘slowing’ of the metabolism is

that older people burn fewer calories

on average per kilo of bodyweight

than do younger people.

But that's because their lean body

mass is less.

In a book called Biomarkers,

authors William Evans, Ph.D. and

Irwin H. Rosenberg, M.D. stated

that if you have a reduced amount

of muscle, as most middle-aged

people do, your metabolic demand

for oxygen and your caloric needs

decline. That's because muscle tissue

is active tissue requiring nourishment.

Fat is passive, it just sits

there as a storage form of body energy.

"We feel that older people's

reduced muscle mass is almost

wholly responsible for the gradual

reduction in their basal metabolic

rate," wrote the authors.

More next issue

The Fitness Column is brought to you by:

Pattaya: 092-223-0477 / Bangkok: 02-185-1920

EXCLUSIVELY FROM

Tel. 092-223-0477, 092-223-0479

EXCEED

YOUR FITNESS

GOALS

AT HOME

IN 2019

Set your goals. Then exceed them, with the world’s leading club-quality home fitness quipment. Choose from upright and recumbent bikes,treadmills

and selectorized strenth-training models designed to suit your home and enjoy the best in biomechanics, product design and service support



BUSINESS SUPPLEMENT

*(in each of these venues)

Pattaya Klang

North Pattaya

FOODMART

SUPERMARKET

Jomtien

Includes

FREE

PRINTING

of your

Enjoy Cards

South Pattaya

For 2,000 B. (+ VAT) p.m.

you get maximum exposure for

your business in these locations.

Along with being available in the four locations above the

Business Supplement is distributed daily with the

International Newspapers, through Door 2 Door and at the

Immigration Office in Soi 5 in Jomtien

Why not upgrade your

Marketing Package

by placing an advert in

the Pattaya Business

Supplement

for an extra

600 B.

(+ VAT) p.m.

(normally

1200 B. + VAT)

(This promotion is effective from May, 2019)

For further details, contact: 038 411 009, 084 677 4360 (BEN)



Business Key

1

BUSINESS SUPPLEMENT

4

20

2

3

4

5

AMA FASHION PATTAYA

PATTAYA

BUSINESS

SUPPLEMENT

24

6

bistro

8

7

16

7

22

17

26

5

2

8

D.T.CONSULTANT &

TRAVEL AGENCY Co.,Ltd

27

3 27

19

9

10

11

12

21

18

13

14

28

15

27

16

27

8

13

17

18

19

16

1

17

25

20

Thai Garden

Resort

11

23

21

14

9

10

19

22

6

23

12

24

28

Soi 89

25

World Transfer


26

27

Yenjit Currency

Exchange

BUSINESS SUPPLEMENT

IMMIGRATION

CONSULTANTS

The experts when it

comes to providing

VISAS

for the

UK, AUSTRALIA & IRELAND

Our Promise to You:

No Visa - No Professional Fee!

Key Visa Thailand

Kaotalo Rd.

|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

Bangkok

Rayong

Sukhumvit Rd.

Central Pattaya Rd.

South Pattaya Rd.

Thepprasit Rd.

Car Park

Thepprasit

Night Market

keyvisathailand.com

KEY VISA CO

565/88, Moo 10 (Next to Big C South Pattaya)

Nongprue, Banglamung, Chonburi 20260

Got a question?

Give Darren a call now!

Office: 038-422-131 Fax: 038-412-277 E-mail: info@keyvisathailand.com



BUSINESS SUPPLEMENT

RENEWING

UK PASSPORTS

IN THAILAND

FOODMART

SUPERMARKET

On Thappraya Road, Jomtien

316/3 Moo 12, Nongprue, Banglamung, Chonburi 20150

FOODMART

Offers a wide selection of the best foods and beverages

from around the world at reasonable prices.

FOODMART

Is located directly on Thappraya Road north of Thepprasit Road,

opposite Pan Pan Restaurant.

Tel: 038-303 467

There is nothing new about the

British Government keeping us

Brits on our toes, and so it should

not have come as a surprise when

they first required us to renew our

passports from Hong Kong and

now through Bangkok. As of the

26th of March, 2014, all UK passport

renewals or Thai babies’ first

UK passport applications have to

be through their Global partners,

VFS Global, located in Bangkok.

This can be a real bind for most

because decisive details on how

this should be done can be vague

and for the older generation making

appointments via the Internet is

not always an option. But the good

news is Key Visa Thailand can take

the hassle away for you and the

details can be found by contacting

our office or on our informative

website. Our service includes

document checking, color photocopies,

making the appointment

to submit the passport application,

taking the application to Bangkok

and collecting the new British

passport when it is ready.

Step 1

1. Never leave your passport

until the last minute! Make sure

you have a minimum of 9 months

to one year validity left when you

apply for a new passport.

2. Never wait until you have

nearly run out of pages in your old

passport! When you are over half

way through the passport order a

new UK passport. Why put yourself

under pressure?

Step 2

3. You should start the process

by downloading the application

(OS) form, for overseas applications,

and complete it, making sure

you do not forget two major things,

1.The British Passport application

should be completed in black ink

only not blue 2. If you are applying

for a first babies passport make

sure you complete the back page

of the form and have a counter signature

on the form preferably by a

British citizen who knows you and

has done for approximately 2 years

and also make sure they countersign

one of the passport photographs.

If you are over 16 years of

age and you look similar to the old

passport photograph then a counter

signature is not required. The

box guidelines on each page of

the OS application form will explain

how to fill in the form.

4. You then download the credit

card form from either our website

or the British Embassy website and

fill it in with the correct details. Payment

will be deducted from your

account by the passport office in

the UK at the HMPO and do not

worry it is very secure. If you live in

Thailand and do not have a credit

or UK debit card then maybe you

have a friend or family who can

assist with their card it does not

have to be your name. If you have

a Thailand credit

card not a

standard

debit

card

this

can

also be used.

5. As part of our

service Key Visa will then make

an appointment via e-mail with the

HMPO office in Bangkok and we

then will receive your application

appointment within three days.

6. Key Visa staff will then take

your application to Bangkok and

submit the paperwork and bring

back your old passport and the

receipt back to our office in Pattaya

so the old passport is available

when ever required only a copy is

taken by the HMPO and your original

passport stays in Thailand.

When the new passport is ready it

is collected from Bangkok and the

old passport and the new UK passport

are issued to you.

You can find all the procedure

and documents required on our

website www.keyvisathailand.com

or you can contact 038 422131

081-004 5397

Office: 038-422-131 Fax: 038-412-277

E-mail: info@keyvisathailand.com



THAILAND MOVES

UP 6 POSITIONS IN

‘EASE OF DOING

BUSINESS’ RANKINGS

BUSINESS SUPPLEMENT

Thailand moved up 6 places

from from 27th position to take the

21st spot in the 2020 Ease of Doing

Business (EODB) rankings as reported

by the World Bank.

The overall rankings are based

on a score of between 0 and 100 for

each country where 0 represents

the least success and 100 represents

the best possible achievement.

Overall Thailand scored 80.1,

up from 79.5 last year. This was

enough to secure the advance of

6 places. Indeed it was a tight race

with Malaysia scoring just a little

higher at 81.50, but at the same

time securing 12th position in the

rankings.

New Zealand took the top spot

globally gaining a score of 86.8,

with Singapore a close second at

86.2. Hong Kong and Denmark

came in at 3rd and fourth position

both with a score of 85.2 followed

by South Korea and the US

in 5th and 6th places with a score

of 84.0 each. The holders of the

top 5 positions in 2020 remain the

same as those in the previous year.

The other four spots in the top ten

were taken by Georgia in 7th place

with a score of 83.7, the UK in 8th

Place with a score of 83.5, Norway

in 9th position with a score of 82.6

and Sweden in the 10th spot with a

score of 82.0.

In the main, The EODB rankings

are based on 10 separate “ease of”

sub-sectors that are also rated from

0 to 100 on the same basis as the

main index.

These subsectors are: starting a

business, dealing with construction

permits, getting credit, getting electricity,

registering property, paying

taxes, trading across borders, ability

to enforce contracts, resolving insolvency,

and protection of minority

interests.

Thailand scored 92.4 for the

subsector of starting a business

and 98.7 for getting electricity. It

also scored well for trading across

borders at 84.6 and protecting minority

interests at 86, and indeed

ranked 3rd in the world for this.

Areas where improvement could

be made was enforcing contracts,

which garnered a score of 67.9, and

registering property, which received

a score of 69.5. Also, ease of getting

credit came in with a score of

only 70.

According to Finance Minister,

Uttama Savanayana, Thailand’s

success could be attributed to the

government’s drive to promote the

digital economy as well as incentives

and infrastructure that are being

laid out for the Eastern Economic

Corridor EEC project.

Despite this year’s ranking increase,

more will be done to make

further improvements in coming

years, to ensure Thailand takes a

more commanding position of the

index.

It is clear to see that just a small

increase in score can allow for a

large jump in the rankings. However

the scores are quite competitive

and it is the scoring activity in the

sub-sectors that really count.



PATT AYA

TM

BUSINESS

SUPPLEMENT

www.pattaya-business-supplement.com

To Advertise Call: 084 6774 360, 038 411 009

Email: hightowerpattaya@gmail.com

092-223-0477, 092-223-0479

Professional setup & management service

from a Google Partner Agency

Contact: sales@pdsconsultingsolutions.com


PATTAYA’S NUMBER 1 CAR RENT COMPANY

From Only

500Baht

per day (min 3 Day Rental)

CALL NOW!

UNLIMITED MILEAGE

New Automatic Cars

Free Sat Nav

Free Kiddy Seat

First Class Insurance

www.expatcarrent.com EMAIL: info@ expatcarrent.com

038 252 275,082 716 0194,082 716 0193

Includes

FREE

PRINTING

of your

Enjoy Cards

FOODMART

SUPERMARKET

For

2,000 B.

(+ VAT) p.m.

you get maximum

exposure for your

business in these

locations.

038 411 009 or 084 677 4360 (Ben)

038 416891-2

To order your favourite

Daily International Newspaper

Call:

038-411 009

or order online:

www.newspaperdirect-asia.com


Order Online: www.nickthepizza.com

Call: 038 420 428 or 092 647 5830

Includes

FREE

PRINTING

of your Enjoy Cards


For

FOODMART

SUPERMARKET

2,000 B.

(+ VAT) p.m.



038 411 009 or 084 677 4360 (Ben)


PATT AYA

TM

BUSINESS

SUPPLEMENT

www.pattaya-business-supplement.com

To Advertise Call: 084 6774 360, 038 411 009

Email: hightowerpattaya@gmail.com

To order your favourite

Daily International Newspaper

Call:

038-411 009

or order online:

www.newspaperdirect-asia.com

A

Tel : +66 3836 1861

Mobile : +66 8151 77321

Pattaya Klang Road

Investment Opportunity

in Thailand

Guaranteed rental return

10% Net for 5 years

Buy back option Finance available

info@tudorgroupthailand.com

+66 853952021

Includes

FREE

PRINTING

of your Enjoy Cards


For

FOODMART

SUPERMARKET

2,000 B.

(+ VAT) p.m.



038 411 009 or 084 677 4360 (Ben)

Insurance for expats

Health

Car

Home

Condo

Motorbike

Etc.

Your local insurance broker in Pattaya

+66(0)38-415-795

www.aainsure.net

clean-4you.com

Corner of

L.K. Metro &

Soi Diana Inn

www.robinsnest.com

038 720 194

www.ciderthailand.com

www.uberdrinksthailand.com

BEACH ROAD PATTAYA - RESERVATIONS: 081-861-3446

The Importers

of Fine Cider

: Applehoneycider,Uberdrinks

: 038 716 224, 094 717 7441



BUSINESS SUPPLEMENT

MORTGAGE LENDING INCREASES AT

MOST LARGE BANKS

Whilst property developers are complaining

about high levels of mortgage rejections, (primarily

due to the stricter loan-to-value requirements

as laid out by the Bank of Thailand), most

large banks are showing signs of increased

mortgage activity overall.

The main difference is that property developers

often have properties in Bangkok, which

are facing difficulties with the new rules, whilst

banks have diversified to provincial areas and

also to refinancing existing loans.

As such, a dichotomy appears to be presenting

itself. It could be simply that prices of condos

in Bangkok are falling foul of the new Bank of

Thailand rules as compared to properties outside

of the capital. Also the rental market is not

a guaranteed source of income since it can take

time to find a tenant for a high-end property in

Bangkok.

Yet for other markets things are on a positive

footing. Kasikorn Bank reported that mortgages

increased by almost10.7 per cent from the end

of last year to this September. The make up of

the mortgage business was varied with properties

usually valued anywhere within a 1-10 million

baht price range.

The bank doesn’t expect to run any promotions

for the rest of the year since it has already

surpassed 9-month targets. Kasikorn Bank’s executive

vice-president, Surat Leelataviwat, was

quoted as saying, "However, the bank plans to

expand its salaried-employee customer base to

60% of our new home loan applicants from 50%

now, in line with risk management strategy.”

Kasikorn bank expects the government stimulus

package, which includes heavily discounted

transfer and mortgage fees to help the market,

especially for properties valued at 3 million baht

or less.

The stimulus package has reduced transfer

fees from 2 per cent to 0.01 per cent and also

reduced mortgage fees down from 1 per cent to

0.01 per cent on all properties below the aforementioned

threshold. That is a saving of almost

3 per cent of the purchase price of a property.

On a 3 million baht property being purchased

with a mortgage that would equate to a heft saving

of nearly 90,000 baht in fees alone.

Other banks have in the main also seen an

increase in mortgage lending activity.

Bangkok Bank saw an increase of 2.89 per

cent in its mortgage lending business over the

same period, whilst T-bank saw an increase

of 4.87 per cent. Siam Commercial bank just

scraped through with a gain, standing at 1.09

per cent.

Bank of Ayudhya saw an increase of 5.43

per cent from the end of last year to the end of

September 2019. This was slower growth as

compared to last year as more stringent loan to

value ratios began to take effect in April 2019,

mimicking the same slowdown seen by Bangkok

based developers. The bank has less focus

on the sub 3 million baht property market, with

most of the propertie sit deals with priced above

this level. Thus it is expects that the government

stimulus measures wont be significant in bringing

a major uptick to its mortgage lending growth

rate.

Kiatnakin Bank saw a whopping 13.2%

growth in its mortgage business over the period

with a total of 21.1 billion baht lent as of the end

of September 2019.

Only LH Bank and Tisco Bank saw declines,

which were –7.78 per cent and -11.6 percent respectively.

Read Online At

www.thailand-business-supplement.com



BUSINESS SUPPLEMENT

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


I f

you haven’t

yet enjoyed

the experience you are in for

a real treat, because the dessert

menu in Toscana is quite extensive

and runs the gamut of dishes

you would expect to find in any top

quality Italian restaurant. There are

nine or ten flavours of ice cream,

all made from both cow and goat’s

milk, alongside sorbets, profiteroles,

tiramisu, mousses, puddings,

sponges, and the like, making up a

long list of dishes.

It will be no surprise that all the

desserts are made inhouse

from

products

sourced

p r i -

mari

l y

f r o m

the Toscana-Moom

Talay natural

animal farm

which they run

out at Huay Yai.

Although the

dessert menu runs

deep, desserts are not

considered as a key feature

in the Toscana

culinary landscape.

As owner Luca says,

“I don’t mind if people

want to

WHEN IT COMES TO

DESSERTS, TOSCANA

LEADS THE WAY

just come to Toscana and have a

cake and a coffee inside, or maybe

watch the sunset in our large

open area outside, that’s fine.”

Luca hangs his hat on the breadth

and quality of his starters and

main menu dishes, but also understands

that there will be some

customers who just like the idea

of having something light, say between

lunch and dinner, and can

relax and enjoy the passing parade

on Beach Road.

The restaurant has its own pasteurizing

machine and there is no

pre-mixed powder or preservatives

used in their desserts. This is in

keeping with the general theme of

Toscana and Moom Talay of producing

food across the menu spectrum

which is as natural and fresh

as possible.

After 30 years of “making ice

creams and desserts I can tell you

the most popular are tiramisu and

profiteroles,” says Luca. He understands

that part of the reason for

the popularity of both these dishes

is that they are usually familiar

to diners, while

desserts with

more exotic-sounding names such

as Panna Cotta, Cream Catalana,

Fragola and Amarena are not so

well known.

The latter pair (Fragola and

Amarena) are part of a selection

of desserts classified as Semifreddi.

These dishes are a meringue-based

cold dish which

consist simply of sugar, milk and

cream, with the flavor (chocolate,

strawberry, etc.) blended into the

cream. Simple yet tasty and filling.

As an accompaniment to a dessert

dish, Toscana also has around

35 different varieties of grappa with

an alcohol content of anywhere

from 38 to 43 percent. They are

blended as smooth as possible

so the alcohol doesn’t burn your

throat.

The restaurant serves liqueurs,

including Irish Coffee (made of

course with Jameson Irish Whiskey).

In keeping with the aim of running

a restaurant which

is as friendly

and relaxed

a s

possible, Luca says, “some customers,

when they’ve finished their

main meal, might like to go outside

and have a cigarette or a cigar. We

have no problem with that and they

are welcome to have their coffee or

dessert served outside where they

can sit down and enjoy the evening.”

Trattoria Pizzeria TOSCANA

Restaurant and the Moom Talay

Thai 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:

Phone 081 861 3446.

Trattoria Pizzeria Toscana

Moom Talay Thai Restaurant

TRATTORIA TOSCANA

Special Promotion

Choose from any

one of these

superb wines

and enjoy

any Main Course

from the list

below, all for just

1600฿

THe Dishes to choose from are -

ROAST HAM

WILD BEAR STEW

ROAST DUCK

ROAST WILD BEAR

VEAL STEW

ROASTED QUAILS

All the Meat

is from our

Organic Free

Range Farm

EXPERIENCE THE AUTHENTIC TASTE OF TUSCANY, RIGHT IN THE HEART OF PATTAYA

: Trattoria Pizzeria Toscana

Beach Road, Pattaya, between Soi 6 and Soi 7, Telephone: 038-362370, Fax: 038-362371

e-mail: tirreno@ptty2.loxinfo.co.th, Reservations: 081-861 3446

BUSINESS SUPPLEMENT

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


AN INSIDE LOOK AT

GOOGLE'S FUTURE PLANS

BUSINESS SUPPLEMENT

Digital Marketing guru, Neil

Patel recently wrote an indepth

guide on Google’s future plans,

here we condense that into a 5

minute read where you can get a

taste of the full article.

Using Google 24/7

One of the biggest changes

coming is that Google want users to

be unconciously using Google 24/7,

whether that’s through computers,

smartphones, smartwatches

or home devices. Just this year I

purchased a Google Home Device,

and almost everyday before I leave

home I ask it:

“Hey Google, is it going to

rain today in

XXX?” “Hey

Google, how

is the traffic on

XXX Road?”

Google is

becoming a

more integrated

part of our

life without us

even realising

it.

Future generations

are

more likely

to be hooked

on Google

Devices

With kids as young as 5 now

owning smartphones and tablets

and even Chromebooks becoming

a mandatory part of school

equipment, the chances of our kids

becoming hooked on technology

are greater than ever. The last generation

to grow up without standard

home broadband are now in their

30’s meaning that kids today are introduced

to the internet pretty much

as soon as they are born.

How can you combat tech addiction

with your kids?

- Limit the amount of time they are

allowed to spend on devices

- Have no tech hours or even days

if possible for the whole family

- Ban the use of technology during

family mealtimes

People like Steve Jobs and Bill

Gates have openly said that they

don’t allow their kids to have smart

devices so we can also follow their

example.

Expect Google to buy someone

big in the ecommerce space

Ecommerce or online shopping

is becoming more and more

common each year and when we

think of ecommerce, companies

like Amazon immediately come to

mind. Google already has a build

your own website product which

they could easily turn into a build

your own ecommerce site product

to encourage people to build their

own sites instead of advertising on

Amazon. Or they could look to go

head to head with a platform such

as Shopify.

Expect huge

growth in the

Google Ads

platform

Over 90%

of Google’s

revenue comes

from Google

Ads and for the

first time, the

2010 digital ad

spend in the

US overtook

traditional ad

spend. What

does this mean

for Google?

Well, wherever

money is they

want to be! So, it’s highly likely that

Google Ads will also so tart to provide

offline advertising in the near

future and combining offline and

online advertising correctly will enable

early adopters to explode their

global reach and growth beyond

their wildest imaginations.

If you would like further information

on Google Ads or marketing on

Google then please contact sales@

pdsconsultingsolutions.com to see

how we can help your company to

grow.

Gemma Purnell

+66 33 039 399

gemmapurnell.com

gemma@gemmapurnell.com



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.

BUSINESS SUPPLEMENT

JUST THE STATISTICS

ENGLISH

SPEAKING SKILLS

ACROSS ASIA

English training experts Education

First (EF), who are well known for their

English proficiency courses and examinations,

have prepared the eighth edition

of the English Proficiency Index.

The study ranked countries across

the globe by way of index points, which

were based on the results of English tests

taken by some 1.3 million people across

88 countries in Europe, Asia, Latin America

and Africa. Globally, English speaking

proficiency has risen but in Asia wide disparities

remain.

Top of the rankings in Asia, (and

third worldwide), was Singapore, where

English is widely spoken. Although Singaporeans

may struggle to be understood

due to their “Singlish” accent and

the speed at which they speak, you will

be hard pressed to find someone in Singapore

who doesn’t speak English. Singapore

scored 68.63 index points in the

rankings.

Second in Asia was, (yes you my

have guessed it), the Philippines, where

English is widely spoken, alongside the

traditional language of Tagalog. On the

global scale the Philippines was ranked

in14th position with an index score of

61.84.

In third, fourth and fifth positions in

Asia were Malaysia, India, and Hong

Kong respectively. China ranked 9th in

Asia and 47th place globally followed

by Taiwan and Japan.

Thailand scored 48.54 and secured

a global ranking of 64th position. In

Asia, Thailand came in 16th position

out of 21 countries, beating its neighbours

Myanmar and Cambodia, but only

just.

This may come as a surprise, since

countries where you may find even

more difficulty being understood in English

such as China and Japan rated

significantly higher.

Still the rankings for Thailand did

not take into account tourist areas

such as Bangkok, Pattaya and Phuket,

(where you may find English more easily

understood), but the entire country at

large.

On the flip side, it is interesting to

see Thailand keeping its heritage including

its language and it is just another

reason to learn Thai if you are a

frequent visitor!

GLOBAL

COMPETITIVE

INDEX SHOWS

LITTLE CHANGE

FOR MUCH OF

ASIA

Most Asian nations only lost or

gained a little ground in the 2019 Global

Competitive Index (GCI), vs. the 2018

rankings.

Singapore was top in the world, up

from second place last year with a score

of 84.8, an increase of 1.3 points. Hong

Kong dropped from second position

globally to third position with a score of

83.1 down 2 points. It secured the 2nd

place in the Asia Pacific rankings.

Japan, Taiwan, and South Korea

rounded of the rest of the top 5 positions

in Asia, with global positions of 6th, 12th

and 13th.

Thailand secured 10th position in

Asia, dropping 2 places globally to sit in

40th place with a score of 68.1.

The index measures several indicators

including the development of infrastructure,

labour market conditions, market size, stability

of the financial system, innovation capacity

and markets for products.



BUSINESS SUPPLEMENT

FOR SALE

Fantastic 12 Storey

Building

at Bali Hai

(close to the Siam Bayshore Hotel)

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 Sale at an amazing

All relevant documents – title deeds (chanote),

etc. – are available for inspection by interested buyers.

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)



BUSINESS SUPPLEMENT

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.



BUSINESS SUPPLEMENT

When We Say Printing

We don’t Just Mean Printing...

Printed Boxes

Placemats

Brochures

Pull Up Banners

Menus

Do you need to

get your menu translated to

Slim LED

Light Boxes

Flyers

Professional Design Service

Whether your artwork is for Print Media or

an Online Campaign it still centres on one

aspect - Visual Impact!

Let our Graphics Team design your promotional

material in a truly professional way to ensure the

maximum effectiveness for your business.

CHINESE,

RUSSIAN, etc

but don’t know how to go about it?

LET US HELP YOU!

Here at High Tower we will

take care of the translations

for you, be it for printing your

Menus, Brochures, Posters, etc

to cater for the various

foreign markets

Name Cards

Calendars

We bring your work to life

With our cutting-edge technology and professional human resources, we can provide you with a

total one-stop shop for all your printing needs.

T: 038-411-009

M: 084-677-4360 (EN), 062-365-3250 (TH)

E: hightowerpattaya@gmail.com



THAILAND ELITE RESIDENCY PROGRAM

PRIVILEGES

Elite Ultimate Privilege

(Grand Package)

Elite Family

Premium

Elite Privilege

Access

Elite Family

Excursion

Elite Family

Alternative

Elite Easy

Access

Elite Superiority

Extension

Requirement

Foreigner

Foreigner with core member

(Elite Ultimate Priviege)

Foreigner Foreigner Foreigner Foreigner Foreigner

(at least 2 persons or more)

Validity

20 Years

Subject to validity

of core member

10 Years 5 Years 10 Years 5 Years

20 Years

Fee

THB 2,000,000

(VAT Excluded)

THB 1,000,000

(VAT Included)

THB 1,000,000

(VAT Included)

THB 800,000

(VAT Included)

THB 800,000

(VAT Included)

THB 500,000

(VAT Included)

THB 1,000,000

(VAT Included)

Additional

Family member

(*Immediate Family)

None

None

THB 800,000

(VAT Included/Each)

THB 300,000

(VAT Included/Each)

THB 700,000

(VAT Included/Each)

None

None

Membership Transfer

1 Time

Only to immidiate Family

1 Time

None None None

None

None

Tranfer Fee

20%

of Prevailing Rate

20%

of Prevailing Rate

None None None None None

Annual Fee

THB 20,000

(VAT Excluded)

THB 10,000

(VAT Included)

None None None

None

None

Age

Not less then 20 years

Any Any Any Any Any Any

Visa

5 Years - Renewable

5 Years - Renewable

5 Years - Renewable

5 Years 5 Years - Renewable 5 Years 5 Years - Renewable

Airport Service/EPA

Airport Lounge

Yes Yes Yes Yes Yes Yes Yes


Short Haul Transfer Service

(50 or 80 Km) (International Flight Only)

Unlimited

Unlimited

18 Times/Calendar Year

Individual/

Group Usage Deduction


Individual/Group

Usage Deduction

None

24 Times/

Calendar Year

None

Long Haul Transfer Service

(275 km) International Flight Only)

None None None


Individual/Group

Usage Deduction

None

None

None

Golf


10 Times/

Calendar Year

None None None None None

Spa


10 Times/

Calendar Year

None

None None None None

Annual Health Check

Discount

Member Contact Center

Government Concierges

**90 Days Report


None

1Times/Person

Calendar Year

None None None None





Upgrade

None None None None

None

THB 1,500,000

(VAT Included)

For more information about Thailand Elite Residency Program, feel free to contact us:

Email : pattaya@companyvauban.com

Call:+66(0)38-251-729

None

(Ref,: Thailand Business Supplement)

PTY BU SUP_Dec19

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?