Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
April 2020
BANGKOK TM
FREE
COPY
BUSINESS
NEARLY ALL OF
BANGKOK’S HOTELS ARE
EXPECTED TO HAVE
ZERO INCOME IN APRIL
INSIDE THIS ISSUE:
- COVID-19 Handbook Available in 14 Languages Including Thai
- Thailand Business News
- Just the Statistics
ADVERTISEMENT
THAILAND’S OFFICIAL
NUMBER 1
PROVIDER OF THE ED VISA
GRANDE
CARIBBEAN
Airport Bus
SCAN
THIS
AREA
BEACH ROAD PATTAYA - RESERVATIONS: 081-861-3446
Tel: 027 350 956 , 081 271 5235 , Fax: 027 354 748
Email: tlslanguageschool@gmail.com , Website: www.tlslanguageschool.com
BUSINESS SUPPLEMENT
Cover Story
NEARLY ALL OF BANGKOK’S HOTELS ARE
EXPECTED TO HAVE ZERO INCOME IN APRIL
According to the Thai Hotels
Association (THA) more
than 30,000 hotels in the
Kingdom will have absolutely
no income whatsoever for
the month of April.
The actual number counted
was 30,936 establishments,
which represent more
than 95 per cent of the total
number of hotels in Thailand,
currently standing at 32,563.
Many of these hotels are
in Bangkok and there is little
distinction between the large
opulent hotels and the smaller
establishments.
It is not only rooms that
are empty but all of the additional
revenue from extras
such as buffet dinners for
non-residents, as well as
weddings and conferences
that has completely gone.
All hotels are suffering
significant losses. Indeed,
as is well known, there are
many internationally branded
hotels in the capital and
so companies that operate
extensive hotel chains are
having to close down multiple
properties.
For example, Marriot hotels
has many hotels. The
company has grown over
recent years and controls
brands such as the Sheraton
and Westin Grande.
Accor Group is the company
behind the Sofitel
brand as well as the Mercure,
Novotel, Pullman and
Ibis properties. Some of its
hotels are owned by franchisees
but the company manages
dozens of properties in
Bangkok and thousands of
hotels worldwide.
Well-known hotel operator,
Centara Group declared
that it will entirely close a total
of 28 hotels for the month
of April, with 25 of them in
Thailand and the other three
in other countries. It has
pledged to take care of its
staff during the shut down
period.
As for the staff in other
hotels, some operators are
seeking clear guidance from
the government regarding
shutdowns so that staff can
benefit from the state social
security fund (SSF).
Surapong Techaruvichit,
an adviser to THA was quoted
as saying, “THA had a
discussion with the Labour
Ministry last week, but failed
to achieve the goal of protecting
our workers,” adding,
“Operators in each province
have to help themselves by
urging their governors to
officially approve the closure
of hotels in order to get SSF
payment for affected employees.”
Mr. Surapong was also
quoted as saying, “We strictly
follow the rules by contributing
10% of salary to
this fund, in which both employers
and workers pay 5%
equally. For example, a hotel
with 550 staff [has] to contribute
at least 700,000 baht
every month. But during this
tough time when we have no
income, SSF cannot pay out
to employees who need it
the most.”
The association is requesting
that its member
hotels take care of workers
by offering them rooms and
meals.
Yet, in general many in
the tourist industry largely
agree with the lockdowns in
place across various parts
of the country citing them
as necessary to contain the
spread of the coronavirus.
Strong action early on will
hopefully lead to a quicker
outcome.
High Tower Co., Ltd. Tel: 038 411 009
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT
Try before you buy!
Property trials start at :
770,000 B ($25,000 USD)
returning 385,000 B ($12,500 USD) in 5 years
Get yourself on the property ladder and earn as you learn
Pay down 20% with nothing more to pay for 5 years
Receive 10% rental return on what you’ve paid
End of the 5 year term. If you like it, buy it.
If you don’t, then sell it back
Finance available
Pratumnak,
Soi 2,
Pattaya
FOR FULL DETAILS ON THIS PROMOTION CONTACT :
085-395-2021
E-MAIL : info@cubepattaya.com
Email: ben.hightowerltd@gmail.com
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT
WDC SPENDS 15 MILLION
BAHT ON THEIR NEW WDC
SHOWROOM IN PATTAYA
“Western Decor Corporation”
or WDC, an importer and
distributor of premium wall and
floor decorative materials and
sanitary ware have invested
over 15 Million Baht in opening
a new showroom in Pattaya,
despite the current unfavorable
market. To meet the requirements
of the property market
and middle-to upper-end customer
group, WDC have introduced
a variety of products
including tile, non-tile and sanitary
ware under the concept
of “The Best Customer Experience”
which aims to create customer
experience. It focuses
on both product variety which
meets customers various needs
in term of design, beauty, size
and usable space and “One
Stop Service.”
Bundit Hirunyanitiwatna,
Chief Executive of Western
Decor Corporation Co., Ltd.,
(WDC) discloses that the company
this year steps into the
16th anniversary. As an importer
of premium wall and
floor decorative materials and
sanitary ware by sourcing and
designing stylish products with
unique features and since we
are specialized in decorative
materials business for more
than 16 years and deeply know
customer needs, the company
can create product differentiation
to efficiently meet customer
needs, offering our unique
design and trendy products
with beauty which follow world
trend and market trend. The
company also offers a variety of
products, materials and prices
to meet all customer needs as
the company imports products
directly from many countries in
Europe and Asia.
To expand the market, the
company invested more than 15
Million Baht to open the WDC
Showroom in Pattya, which is
located on Chaiyapruek 1 Road
in Jomtien. The showroom features
3 main zones comprising
tile, non-tile and sanitary ware
with the concept of “The Best
Customer Experience” which
can help customers not only
create an idea for home decoration
but also build good experiences
towards products. WDC
focuses on product variety
which can meet customers various
needs like design, beauty,
size, usable area and budget.
In addition, WDC also provides
“One Stop Service” which
comprises both products that
meet requirements and “Decorative
Material Consultant” by
the WDC sales team who have
knowledge of decorative materials
and can give advice and
introduce products to efficiently
meet customers needs, budget
and usage.
Currently, WDC has a total
of 6 branches comprising
Crystal Design Center (CDC),
Nimitmai, Hat Yai, Chiang Mai,
Phuket and Pattaya. It also
plans to open the 7th branch
to support demand in the Bang
Na area. The new branch will
be located in the For You Park
project and will be launched in
the third quarter of 2020.
For architects, independent
designers and corporate designers
as well as small and
large developers and consumers
who are seeking information
about wall and floor decorative
materials, or are interested in
DIY home design, please visit
www.wdc.co.th or contact the
Call Center at 02-679-8885-7.
Or drop by to enjoy the good
experience at any of the six
branches of the WDC showrooms.
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
Email: ben.hightowerltd@gmail.com
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT
BUSINESS SUPPL
HOW TO
MAKE SOCIAL MEDIA
WORK FOR YOUR
BUSINESS...
There are currently more than
1.5 billion active Facebook users,
320 million Twitter users & 100 million
active Linkedin users.
guide - https://www.facebook.com/
business/learn/set-up-facebookpage
Twitter is great for short updates
about your services, product
launches or other newsworthy
items regarding your business. It
is also a great way to connect with
known industry influencers and experts.
Social Media opens up a whole
new world of Online Marketing for
small business owners. Even if you
haven’t got your website up and
running yet, you can still connect
with potential customers through
platforms such as Facebook, Twitter
& Linkedin.
Although these three popular
platforms all involve connecting
with your customers online, they do
need very different strategies.
Facebook is the most ‘social’ of
the Social Media platforms and in
order to succeed here you will need
to let your customers see the personal
side of your business through
humour, helpful hints and honest
feedback about your services.
Don’t sell your product or service
on Facebook, instead encourage
users to leave reviews on your
Facebook page which act as ‘Social
Proof’ that your company is trustworthy
and offer free advice and
tips related to your industry. Don’t
lock your content away and ask for
someone’s email address before
handing over any content, that’s
like walking up to someone in a bar
and asking for a date before you’ve
even asked their name!
Be sure to use a Facebook
Business Page for your company
and not a personal profile, as
personal profiles can get banned
if they are used for business. For
more information on setting up your
Facebook page for business, you
can check out Facebook’s official
Linkedin is the most professional
of all the Social Media platforms
and the place where you should aim
to establish yourself as an expert.
Joining groups, commenting on
discussions and posting links to relevant
articles are just some of the
ways in which you can start to get
noticed on Linkedin. Remember,
that it is a corporate platform and
the use of ‘emocions’ and other casual
content should be avoided as
it is your chance to show off your
professionalism and the professionalism
of your company.
For more information or help
with Social Media Marketing,
please contact sales@pdsconsultingsolutions.com
Gemma Purnell
+66 33 039 399
gemmapurnell.com
gemma@gemmapurnell.com
DO
MI
High Tower Co., Ltd. Tel: 038 411 009
Email: ben.hightowerltd@gmail.com
For all your advertising enquiries - Tel: 0846 77 43 60
EMENT
BUSINESS SUPPLEMENT
N’T
SS OUT !
“Bits n Bytes”
STEVE DICKENS
USEFUL INTERNET HINTS & TIPS
DURING THE COVID-19 CRISIS
As we spend more time
at home during the Covid-19
crisis, we will rely on our internet
connections more and
more.
Here are a few hints and
tips from around the internet
that hopefully will be useful.
Advice in the UK, which
is equally applicable here,
is that people should avoid
using the microwave at the
same time as their wi-fi, media
regulator Ofcom has said,
as part of advice to help improve
internet speeds.
It comes as millions of
people are working remotely
and relying on streaming services
after people are told to
"stay at home".
This has put pressure on
broadband providers, with the
UK’s BT's Openreach reporting
a 20% surge in internet
use.
Ofcom's advice ranges
from the seemingly obvious,
like downloading films in advance
rather than streaming
them when someone else may
be trying to make a video call,
to the less expected.
"Did you know that microwave
ovens can also reduce
wi-fi signals?" Ofcom asks.
"So don't use the microwave
when you're making
video calls, watching HD videos
or doing something important
online."
Other tips include:
• Position your internet
router as far as possible from
other devices that may interfere
with the signal, such as
on a table or shelf rather than
the floor
• Keep your router switched
on
When It Comes To
Promoting Your
Business You Can’t
Afford To Miss
A Single Day!
For Guaranteed
Daily Exposure
place your
advert here
in the
PATTAYA
TM
BUSINESS
SUPPLEMENT
&
BANGKOK
TM
BUSINESS
SUPPLEMENT
• If you're carrying out video
calls or meetings, turning the
video off and using audio will
require much less of your internet
connection
• Try starting those calls
at less common times, rather
than on the hour or half hour
• For the best broadband
speeds, use an ethernet cable
to connect your computer directly
to your router rather than
using wi-fi
• Where possible, try not to
use a telephone extension lead,
as these can cause interference
which could lower your speed.
Devices that can interfere
with router signals include:
cordless phones, baby monitors,
halogen lamps, dimmer
switches, stereos and computer
speakers, TVs and monitors.
It is also advised making
calls on a landline where possible,
citing an increase in the
demand on mobile networks.
"If you do need to use your
mobile, try using your settings
to turn on wi-fi calling," Ofcom
said.
"Similarly, you can make
voice calls over the internet using
apps like Facetime, Skype
or WhatsApp."
The regulator also suggested
disconnecting devices that
were not in use.
"The more devices attached
to your wi-fi, the lower the
speed you get," it said.
"Devices like tablets and
smartphones often work in
the background, so try switching
wi-fi reception off on these
when you're not using them."
Ofcom is not the only organisation
taking action to maximise
internet speeds during the
lockdown. Streaming platforms
including Facebook, Netflix,
Disney+ and YouTube have already
reduced the quality of
videos in an attempt to ease the
strain on internet service providers.
But the internet companies
say they can handle the pressure,
so use your connection
wisely and hang on in there!
Keep safe!
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
Contact Ben
0846 77 43 60
ben.hightowerltd@gmail.com
Email: ben.hightowerltd@gmail.com
www.Thailand-Business-Supplement.com
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT
FOREIGN CURRENCY UPDATE
The U.S. Dollar strengthened
in value during the first part of the
month as stocks rose to record
highs even in spite of corona virus
fears rising. However, a breaking
point came and both stock markets
and the dollar fell quite dramatically.
The DXYDollar index,
an index that measures the U.S.
Dollar’s value against a basket of
major currencies, increased from
98.45 to 99.9, almost touching
the all important 100 mark before
declining quickly to 95.1 and then
settling around 97.3.Stock market
declines prompted the U.S. Federal
Reserve to cut rates twice in
emergency meetings, but other
central banks were also looking to
cut rates worldwide ensuring that
U.S. Dollar falls were curtailed
somewhat. The USDTHB cross
rate actually rose even in spite of
Dollar weakness signifying that the
Thai Baht also weakened during
the period, at a rate slightly faster
than that of the Dollar’s. Against
the Thai baht the Dollar rose from
31.13 to 32.17.
The UK’s historic departure
from the EU did not move the British
Pound, with the volatility in
stock markets and central bank
intervention having taken a front
seat. Against the U.S. Dollar, the
pound sat in a range of 1.2885 to
1.3030 but eventually gave up the
1.2800 level and hit a low of 1.2772
before moving back above 1.3200.
Then as market volatility picked up
and the BoE cut interest rates by 50
basis points, the pound quickly fell
to 1.2275. A largely non-existent response
from the UK government to
the Covid-19 situation also arguably
contributed to the declines. As the
pound has fallen this has been reflected
in the GBPTHB rate, which
moved from 41.32to 39.51
The U.S. Dollar vs. Japanese
Yencross rate moved from 112.06
to as low as 102.07, before recovering
to 105.35. These moves
occurred as the Yen cemented its
position as a safe haven currency
at times of stock market volatility.
The move was nearly 10 per
cent and it is expected that as
stock markets remain under pressure
the Yen will still see inflows.
The JPYTHB cross rate saw the
Yen fetching 0.3033 Thai Baht,
up from the 0.2782 level before
stocks started to take a dive.
The Russian Ruble saw additional
volatility weakening from
63.05 to 74.83 against the US
Dollar. This was a more volatile
month than has been seen
for several months before and
could signify a new trend. Much
depends on the direction of the
Dollar. Against the Thai Baht the
Ruble lost ground, moving from
0.495 to 0.430.
The Euro / U.S. Dollar exchange
rate moved quite quickly
from 1.0804 to 1.1448 before giving
up some of the gains to trade
down to 1.1116. It has acted as
the other side of the trade for Dollar
weakness, since the basket of
currencies that make up the dollar
index are mostly weighted towards
the Euro. It has also made
gains where the British pound
made losses. Against the Thai
Baht, the rate rose from 34.23 to
35.89.
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
GET A BETTER DEAL FOR YOUR MONEY EXCHANGE
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
High Tower Co., Ltd. Tel: 038 411 009
For all your advertising enquiries - Tel: 0846 77 43 60
NewspaperDirect Bangkok Gazette Pull-Out Section
Featured restaurants & pubs
www.newspaperdirect-asia.com
NewspaperDirect Bangkok Gazette Pull-Out Section
1
2 3
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!
19
18
17
16
15
14
www.newspaperdirect-asia.com
NewspaperDirect Bangkok Gazette Pull-Out Section
4
5
6
7
8
9
10
13 12 11
www.newspaperdirect-asia.com
NewspaperDirect Bangkok Gazette Pull-Out Section
Featured restaurants & pubs
www.newspaperdirect-asia.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
Email: ben.hightowerltd@gmail.com
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT
THAI RESTAURANT
HOMEMADE FOOD AT ITS BEST!
All meals made using meat
and veggies fresh from
the owner’s organic farm
038-362370 038-362371
Reservations: 081-861 3446 tirreno@ptty2.loxinfo.co.th
Beach Road, Pattaya, after Soi 6/1
* FREE PARKING
SCAN
THIS
AREA
High Tower Co., Ltd. Tel: 038 411 009
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT
Trattoria Pizzeria
Fresh From Our Farm
Enjoy succulent lamb, tasty grilled chicken,
mouthwatering veal and many more
delicious options, all made with top grade
meat from Luca’s own organic farm
Sample great Italian wines - with
special promotions
Experience the authentic taste of Tuscany, right in the heart of Pattaya
SCAN
THIS
AREA
: Trattoria Pizzeria Toscana
038-362370, 038-362371 tirreno@ptty2.loxinfo.co.th
Reservations: 081-861 3446
Beach Road, Pattaya, after Soi 6/1
* FREE PARKING next door by Moom Talay.
Email: ben.hightowerltd@gmail.com
www.Thailand-Business-Supplement.com
BANK OF THAILAND
EXPECTED TO CUT
RATES AGAIN
Following a cut in interest rates by 0.25 per
cent to an all time low of 1 percent, the Bank of
Thailand is widely expected to cut rates again
to even lower levels.
This follows an emergency cut in the U.S of
0.5 percent on an intermeeting basis as well as
strong expectations of more interest rates cuts
to come from the U.S. Federal reserve in near
term scheduled meetings.
As such, the Bank of Thailand is likely to
cut again possibly twice in the coming month
as the Kingdom’s economic growth rate is
expected to slow to just 0.5 per cent year on
year, according to some leading economists at
Kasikorn bank.
Yet interest rate cuts, whether here or in the
U.S. are not necessarily the panacea they may
be commonly expected to be. When rates are
high, interest rate cuts can have a real effect,
but with interest rates already at decades’ low
levels there is little more in the way of stimulus
that they can provide. It will be just another excuse
to prop up overvalued stock markets with
such actions likely to be futile in any case. The
next step is for central banks to directly buy
stocks in the stock market to further artificially
inflate prices, a dangerous precedent.
In Thailand, the most important thing will be
for credit card and loan issuers to cut rates to
their borrowers, and to increase lending dramatically
to improve consumer confidence and
spur spending behavior.
BUSINESS SUPPLEMENT
THAILAND BUSINESS NEWS
GOVERNMENT’S
B 100BN STIMULUS TO
GO AHEAD
Approval has been given by the government
for a 100 billion baht economic stimulus
package to be releasedin order to kick-start the
economy. The measures will include financial
support for small business, tax incentives and
tax cuts as well as other financial aid targeting
specific parts of the economy as may be necessary.
Measures that may be rolled out are payment
holidays for principal amounts, new soft
loans from the Government savings bank, cash
giveaways to hardest hit families, speeding up
VAT refunds, and other tax relief packages for
SME’s.
Deputy Prime Minister Somkid Jatusripitak
was quoted as saying, ”It is particularly important
to help SMEs to prevent further impacts on
workers. This is the first set of measures, and
there will be more later.”
WINDSOR SUITES
HOTEL TO START
RENOVATIONS EARLY
The well-known Windsor Suites Hotel in
Bangkok’s Sukhumvit soi 20 will close for renovations
on 30th April and will re-open at the
end of the year.
A fall in occupancy to just 30 per cent due
to an absence of Chinese and South Korean
visitors has hastened the decision, and the
renovations will take place earlier than previously
planned. The amount being invested will
be 400 to 500 million baht.
Sukhumvit Road has seen a major change
to its skyline in the last 10 years or so with
many internationally recognized branded hotels
opening up recently. Amongst them are
the Sofitel and the Holiday Inn. More hotels are
expected to come online in the next few years.
The Windsor Suites Hotel’s chief executive,
Bundit Bosereewong, was quoted as saying,
“We have to shift the strategy and let an international
brand tune in because the competition
in the Sukhumvit area is more intense as new
supply is added every year.”
www.thailand-business-supplement.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.
THE WORLD’S
MILLIONAIRES
JUST STATISTICS
Much of the wealth can be found
in high property prices across the
said countries and possibly well
inflated stock holdings. The rest of
the top 10 countries all fall in those
categories with France, Italy, Canada,
Australia and Spain ranking 6th
to 10th in that order.
Asia’s other millionaires were
mainly concentrated in Korea, Tai-
HIGHEST VALUE
“UNICORN”
START-UPS IN 2019
2019 saw plenty of startup companies
emerging from venture capitalists
and hitting the stock market,
or even remaining in private hands
awaiting a possible IPO at the right
time.
worth some US$15 Billion.
Grab came in at US$14.3 billion,
even though there was competition
from Uber, which itself is a prior unicorn,
and now listed on the stock
market.
Millionaires, that is, those with a
net worth of more than US$1million,
can be found all across the globe,
but most are in the United States.
The U.S. is home to 18.61 million
millionaires, (that’s over 5 per cent
of the population).
China follows in second place
with 4.44 million, less than half of
one percent of the country’s population.
Japan, The UK and Germany
follow in third, fourth and fifth positions
with 3.02 million, 2.44 million,
and 2.18 million millionaires respectively.
wan, Singapore and Hong Kong,
with India also high on the list.
In total, worldwide there are 46.6
million millionaires and 168,030 are
of them are considered to be ultra
rich with a net worth of over US$50
million. Fully half of these ultra rich
individuals are to be found in the
USA.
Those that are valued above
US$1 billion are referred to as “Unicorns”,
and there were more than
400 of them last year.
23 of those were valued at above
the US$10 billion mark, amongst
them famous names such as AirBNB
worth US$35 Billion, SpaceX worth
US$33 Billion and Drone maker DJI
Chinese internet giant, Bytedance
(Tiktok), is the largest start up
of the year worth some US$75 billion,
and an IPO is expected to take
place when conditions are right.
In the end, for all unicorns, the
stock market will ultimately decide
on their final valuations, but most
startups have managed to largely
maintain their initial stock prices after
coming to the market.
Read Online At
www.thailand-business-supplement.com
High Tower Co., Ltd. Tel: 038 411 009
For all your advertising enquiries - Tel: 0846 77 43 60
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)
Email: ben.hightowerltd@gmail.com
www.Thailand-Business-Supplement.com
BUSINESS SUPPLEMENT
SUDOKU
These Sudoku puzzles are pitched at a middle level: not too easy,
and not too frustratingly hard, for the average person.
We will publish the solutions in next month’s issue.
CROSSWORD
Last months sudoku answers
TRIVIA Quiz
ACROSS
5. Like green or blue, for example (6)
6. British Airways init. (2)
7. Retained (4)
8. Government abbrev. (4)
9. Ended working life (7)
11. clean with brush (5)
13. Missing in Action init (3)
DOWN
1. An undisclosed number (4)
2. Fixing device with nut (4)
3. Pulled along the ground (7)
4. Over, higher than (5)
10. Help (3)
12. United Nations (init.) (2)
1. The Malagasy Republic was located on which large island?
2. In what year did the military government of Burma change the name of the
country to Myanmar?
3. 1. Called after a lengthy worldwide voyage, The Cruise of the Snark was
written by which famous American novelist who died in 1916?
4. Which country famously upset the favourites to win the 1995 Rugby Union
World Cup?
1
2 3 3
4
5. Hastings Banda was the first head-of-state of which southern African
nation?
5
6
6. One American and one Vietnamese were awarded the Nobel Prize for
Peace in 1973? The American accepted; the Vietnamese declined. Name them.
7. What was the name of the real-life English governess in the movies and
stage play ‘The King and I’?
7
8
8. What was the name of the movie starring Robert de Niro as the former
world middleweight boxing champion Jake La Motta?
9. Jellied petroleum which burns at about 2000 degrees centigrade is a weapon
better known by what one-word name?
9
10. Dr Ernst Chain, a German who lived in Britain, and two others were
awarded the Nobel Prize for Medicine in 1945 for the discovery and development
of penicillin? Name the other two awardees.
11 13
10
1. Madagascar 2. 1989 3. Jack London 4. South Africa 5. Malawi 6. Henry Kissinger & Le Duc
Tho 7. Anna Leonowens 8. Raging Bull 9. Napalm 10. Howard Florey & Alexander Fleming
Answers:
12
CROSSWORD ANSWERS
ACROSS 5./Colour 6./BA 7./Kept 8./govt 9./retired 11./scrub 13./MIA
DOWN 1./Some 2./Bolt 3./Dragged 4./Above 10./Aid 12./UN
For information on the BUSINESS SUPPLEMENT Contact High Tower Co., Ltd. Tel: 038 411 009 - 0846 77 43 60
*The Pattaya & Bangkok Business Supplements are published by High Tower Co., Ltd.
High Tower Co., Ltd. Tel: 038 411 009
For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENT
COVID-19
HANDBOOK
AVAILABLE IN 14
LANGUAGES
INCLUDING THAI
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.
The COVID-19 Prevention and
Treatment Handbook supported by
the Jack Ma Foundation and Alibaba
Foundation is now available in
Thai.
Written by doctors from First Affiliated
Hospital, Zhejiang University
School of Medicine who were on
the frontline of the pandemic, the
handbook details key learnings and
best practices from the clinical experience
of combating the virus. It
aims to share valuable insights and
information with medical professionals
and hospitals worldwide. In
just the first five days after its publication,
it was downloaded over 1.4
million times.
“We hope that, with this manual,
doctors and nurses in other affected
areas can learn from experience
as they face this battle, without
having to start from scratch,” Alibaba
Group Founder Jack Ma wrote
when the handbook launched.
Over 50 days of the outbreak,
FAHZU admitted over 100 confirmed
COVID-19 patients, without
a single death, misdiagnosis, or
infection of the facility’s medical
personnel. The handbook covers
isolation management, diagnosis,
treatment, proactive measures, and
rehabilitation of treating COVID-19
patients. It is one of the very first
medical guidebooks that contains
detailed explanations of the processes.
The translation of the Thai version
of the handbook was done
by volunteers. It is now available
to download from the newly established
Global MediXchange for
Combating COVID-19,
a centralized online platform established
to facilitate online communication
and collaboration across borders to
fight the virus.
The handbook is now available
in 14 languages including Thai at
no cost with more to come.
On March 29, the Jack Ma
Foundation and the Alibaba Foundation
also announced donations of
essential medical supplies to seven
more countries, namely Azerbaijan,
Bhutan, India, Kazakhstan, Kyrgyzstan,
Uzbekistan and Vietnam.
With this announcement, the two
Foundations have now donated
essential medical supplies to 23
Asian countries totalling 7.4 million
masks; 485,000 test kits; 100,000
sets of protective clothing along
with other medical equipment.
For more news and updates
from Alibaba Group, please visit AlibabaNews
Thai.
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
Email: ben.hightowerltd@gmail.com
www.Thailand-Business-Supplement.com
When We Say Printing
We don’t Just Mean Printing...
Printed Boxes
Menus
Placemats
Pull Up Banners
Brochures
VIP Cards
Slim LED
Light Boxes
Mocktail
March
Sands
Cafe
195
Baht
Buy 1 Get 1 Free!
Sand Cafe Pattaya
Name Cards
Posters
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.
M: 084 599 7315 (EN / TH) E: neville@royalsiamprintingservices.com