Bangkok August 2020

August 2020

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BUSINESS

SET LEADS ASIA IN

SUSTAINABILITY

DISCLOSURE RANKINGS

Cover Story Overleaf

INSIDE THIS ISSUE:

- Agoda joins Thailand’s Largest - Ever Program to Boost Domestic Tourism

- Honda Unveils The New Honda CR-V

- Thailand Business News

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Cover Story

SET LEADS ASIA IN SUSTAINABILITY

DISCLOSURE RANKINGS

According to Corporate

Knights’ and AVIVA’s

‘Measuring Sustainability

Disclosure’ 2019 report,

the Stock Exchange of

Thailand (SET) was the

leader in Asia and indeed

was the only Asian nation

that made it into the top

10 list worldwide.

Thailand was ranked

9th in the world and this

marks the third consecutive

year that the Kingdom

has been ranked in

the top 10.

apportioned this data to

the relevant bourses.

The sustainability aspects

measured included

energy use, greenhouse

gas emissions, water use,

waste disposal methods

sustainable business operations

and this has been

instrumental in increasing

awareness of Thailand in

this field on the international

stage. At the same

time there has been trans-

market participants. With

listed companies topping

the board in Asia, it reflects

that listed firms are

committed to growing their

businesses by embracing

sustainability practices

and impact in their operations.

In addition, SET

has consistently promoted

listed companies’ sustainability

best practice to

level up the quality of the

Thai capital market, in line

with SET’s key strategy

to grow with stakeholders

and sustainable society.

Significantly, this recognition

will make the Thai

capital market more appealing

to local and international

investors.”

In first position was the

Nasdaq Helsinki, closely

followed by the BME

Spanish Stock Exchanges.

Clinching third place

was Euronext Lisbon and

rounding off the other two

positions in the top five

was Euronext Paris and

the Johannesburg Stock

Exchange.

Taking their places in

positions 6 through to 10

were Borsa Italiana, Euronext

Amsterdam, Bolsa

De Valores De Colombia,

The Stock Exchange of

Thailand and the Nasdaq

Stockholm tied with the

Nasdaq Copenhagen in

that order.

The report measured

several sustainability aspects

of large listed companies

with a market cap

of over US$1 billion, and

and recycling, employee

turnover and occupational

injury rates. More than

6,200 companies within

49 internationally recognized

bourses across the

world took part in the survey.

The SET’s high ranking

means that Thailand’s

listed companies’ have a

strong commitment to ensure

parent disclosure of

all sustainability practices

by Thai companies that

has further provided support

for investors.

SET President, Pakorn

Peetathawatchai, was

quoted as saying, “The

success in continuous

sustainability development

is attributable to the

synergy of collaboration

and commitment from all

The rankings come at a

time when there has been

a shift of late on the part

of investors worldwide to

look for companies that

demonstrate that they are

embracing sustainability

and ethical business practices.

Bourses have a responsibility

to ensure that

publicly listed companies,

that have their shares

available for sale, convey

all relevant information to

would-be shareholders in

order to allow for fully informed

investment decisions.

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THAI CITIES BECOMING MORE

EXPENSIVE FOR EXPATS

BUSINESS SUPPLEMENT

In the latest ECA International

survey that analyses

the cost of living in various

cities worldwide for expatriates,

Bangkok came in at

28th place in Asia, and 60th

position globally.

Thailand’s capital city has

had quite a run in the rankings

in previous years. Prior

to 2017 it ranked 170th in the

world then jumped a whopping

80 places to move into

the top 100, at 90thposition

in 2018. A year later, Bangkok

jumped another 43 places

to find itself in the top 50

most expensive places in the

world.

Accounting for the various

movements, Regional Director

for Asia at ECA International,

Lee Quane, was quoted

as saying, "Bangkok, long

seen as a cheap destination

for holidaymakers and expatriates

alike, has seen a huge

jump in its rankings, moving

the most out of all Asian cities

surveyed. This is largely

the result of the strong baht."

Chiang Mai also joined

the Thai capital to feature in

the top 30 most expensive

places in Asia for expats,

coming in just behind Bangkok

in 29th position. However

the northern city came

in at a more modest 142nd

place in the global rankings.

Mr. Quane was also quoted

as saying, “The baht has

strengthened considerably

making the country more

expensive for expatriates

and tourists,” adding, “However,

this trend has slowed

over the past year, partly in

response to government attempts

to weaken the baht

in order to keep the country

competitive.”

The ECA rankings measure

the cost of a basket

of different goods and services,

but exclude the cost of

school fees, rentals, and car

ownership, since these are

often paid for by employers.

Since many expats shop for

imported goods these feature

in the calculations.

According to the report,

in Asia, the most expensive

city to live in was Ashgabat,

Turkmenistan due to very

high inflation of imported

products. In second place

was Hong Kong, outpacing

both Singapore and Tokyo.

Hong Kong was also 6th

place in the rankings globally,

whilst Singapore was in

14thposition.

Mainland Chinese cities

dropped slightly in the rankings

due to poor performance

of the Chinese currency and

low inflation compared to

some other places in Asia.

Middle Eastern cities on

the other hand have climbed

in the rankings due to currency

appreciation and rising

prices. Tel Aviv was in

the top ten most expensive

cities worldwide for the first

time.

The ECA International

survey has been carried out

twice a year, every March

and September, since 2005.

It will be interesting to see

what effect the coronavirus

will have on the rankings in

future reports.

Email: ben.hightowerltd@gmail.com

www.Thailand-Business-Supplement.com

BUSINESS SUPPLEMENT

THAILAND BUSINESS NEWS

SALES OF MERCEDES-BENZ G

CLASS MODELS SURGE

IN THAILAND

Despite the coronavirus, Mercedes Benz

(Thailand) reported that sales of its G class

off-road vehicles jumped by more than 225%

for the first 6 months of 2020, based on a year

on year comparison.

Sales of the AMG sports car also rose, but

by a more modest 1.6 per cent. These rises

came at a time when the car industry as a

whole was bracing for a downturn.

Roland Folger, president and chief executive

of Mercedes-Benz (Thailand), was quoted

as saying that G Class sales in June, ”have

surprisingly risen more than what we expected”,

adding, “These results showed a positive

trend for the Thai car market in the third quarter.”

The success

was due to carefully

engineered

online marketing

that enabled

users to become familiar with the features

of the models without leaving their home.

Mr. Folger was also quoted as saying, “As

consumers continued to be able to access and

get close to the Mercedes-Benz brand over the

past months when we were facing the Covid-19

crisis, it was reflected in positive sales results

during the first half of 2020.”

THAILAND’S PTT BEHIND ASIA’S

LONGEST DATED BOND ISSUE

Energy Company, PTT, has raised US$700

million by way of a 50-year bonds issuance.

These are the longest dated bonds ever issued

in Asia. The yield offered was 3.7 per

cent.

Just how investors can tell the future direction

of interest rates over the next 10 or 20

years is hard to imagine, but a whopping 50

years would require some certain conviction

from investors. Yet interestingly, demand for

longer dated bonds is increasing due to requirements

for pension funds to plan for the

future.

A debt capital markets banker who worked

on the PTT deal was quoted as saying, "For

high quality names moving towards longer

date deals is not that difficult, we have seen

some 40-year transactions already," adding,

"We are not jumping from 10-year deals to

50-year deals, we are moving there gradually

and investors are becoming more receptive to

longer dated issuances.”

THAI VIETJET SEES PROMISE IN

THE DOMESTIC TRAVEL MARKET

Thai Vietjet, an airline in the Kingdom operating

a number of domestic routes, has seen

an increase in bookings of around 10% in July

versus the month before.

The company hopes to boost domestic

travel demand by increasing the number of domestic

routes it flies. Five new routes are to be

added to its network.

These will be Bangkok to Khon Kaen,

Bangkok to Nakhon Si Thammarat, Bangkok to

Surat Thani, Bangkok to Hat Yai, and Bangkok

to Ubon Ratchathani.

Currently the airline is only flying 7 out of its

11 strong fleet of Airbus A320 and A321 aircraft

and so has the capacity to grow its route-map.

Thai Vietjet’s chairwoman, Nguyen Thi

Thuy Binh, was quoted as saying, “A growth

trend is possible in July, thanks to government

support to stimulate domestic tourism.”

www.thailand-business-supplement.com

HONDA UNVEILS THE NEW HONDA CR-V

Honda Automobile (Thailand) Co.,

Ltd. today unveiled the new Honda

CR-V, Honda’s iconic premium SUV, in

Thailand, making its debut in Asia and

Oceania. The new Honda CR-V comes

with a new exterior design that emphasizes

its sporty, luxurious, and robust

look in every dimension, making it more

premium with a panoramic sunroof and

LED sequential turn signals. It also features

intelligent safety technology to ensure

confidence in every journey: Honda

SENSING and smart technology; Honda

CONNECT that connects the driver

and car; and many premium features

for comfort in the spacious cabin ready

to answer every lifestyle need in both a

7-seater and 5-seater variant. The new

Honda CR-V is equipped with a 1.6L

i-DTEC DIESEL TURBO engine or a

2.4L DOHC i-VTEC petrol engine with a

CVT transmission. Offered in a new color,

Cosmic Blue Metallic, it is available at

prices from 1,369,000 to 1,759,000 baht,

along with a 1.99% special interest rate

offer, or, alternatively, the Double Smile

campaign with installments starting from

only 18,000 baht per month plus free insurance

for one year.

Exterior: A luxurious and robust look

in every dimension

More premium with a One-Touch

Panoramic Sunroof .Enhanced sporty

spirit with a Gloss Black front grille and

newly-designed front and back bumpers.

Tailgate in a black chrome wrap and taillight

in a black wrap. Full LED headlights,

with LED Daytime Running Lights (DRL)

and LED sequential turn signals, and full

LED taillights. Accentuated body line and

sporty new 18-inch alloy wheels.

The new Honda CR-V enhances

customers’ confidence with Honda’s

intelligent safety technology, Honda

SENSING, which includes

Collision Mitigation Braking System

(CMBS), Adaptive Cruise Control with

Low-Speed Follow (ACC with LSF), Lane

Keeping Assist System (LKAS), Road

Departure Mitigation System with Lane

Departure Warning (RDM with LDW) and

Auto High-Beam (AHB).

Other advanced safety features include

Honda Lane Watch, Driver Attention

Monitor (all variants) which detects

the driver’s tiredness on the steering

controls and alerts the driver with notification

via TFT display and steering vibration,

Agile Handling Assist (AHA), and

Honda CONNECT, a smart technology

that connects the driver and car.

Interior: Spacious cabin reflects a

luxury lifestyle fully equipped with premium

comfort features

The new Honda CR-V’s interior

comes with an attractive large console

in woodgrain and piano black, and is

available with 3-row seating (7 seats)

and 2-row seating (5 seats). Features

to provide premium comfort for every

trip include a Wireless Charger, Auto

Foldable Side Door Mirror (controlled

by remote control), Driver Memory Seat,

8-way power driver seat with 4-way lumbar

support, Auto Dimming Rear View

Mirror (all variants), and an Air-conditioning

system for both the 2nd and 3rd

row of seating (7-seats). It also features

modern connected technologies such

as a 7-inch Advanced Touch with Apple

CarPlay Display Audio and Siri voice

control, a navigation system (only 4WD

variants), TFT Multi-Information Display

that allows various features and content

to be displayed, and easy controls with

a multifunction steering wheel providing

buttons to control the audio system and

your phone.

The new Honda CR-V is ready to

respond to any lifestyle and functional

need. Enjoy the premium lifestyle with a

Hands-free Power Tailgate (all variants)

that can control opening and closing and

an adjustable height setting by remote

control, and design your own functional

areas with foldable seats to serve various

purposes, plus a flexible center console

that can adjust the storage compartment

three ways for usage.

Two engine options for powerful performance

The 1.6L i-DTEC 4-cylinder DIESEL

TURBO engine has maximum power

of 160 Ps at 4,000 rpm and maximum

torque of 350 newton-meters at 2,000

rpm, equivalent to a large-size diesel

engine. It works together with a shift-bywire

nine-speed automatic transmission

designed to offer good acceleration and

exceptionally high fuel efficiency of 17.9

km/l, together with a 4WD system. The

2.4L DOHC i-VTEC 4-cylinder engine

provides 173 Ps at 6,200 rpm and

224 newton-meters of torque

at 4,000 rpm. It is integrated

with a CVT

automatic transmission

that

offers timely

response,

and is compatible

with

E85 and E20

alternative

fuels. This

engine is

available with

either a 2WD

or 4WD system.

The new Honda CR-V comes in five

variants

Diesel engine DT-EL 4WD 7

seats for 1,759,000 baht; Petrol engine

2.4 EL 4WD 7 seats for 1,579,000

baht; Petrol engine 2.4 E

7 seats for 1,419,000 baht; Petrol

engine 2.4 ES 4WD 5 seats for

1,529,000 baht; Petrol engine 2.4 S 5

seats for 1,369,000 baht

The new Honda CR-V is available

in five stylish colors: A new color -

Cosmic Blue (Metallic), Crystal Black

(Pearl), Modern Steel (Metallic), Platinum

White (Pearl), and Lunar Silver

(Metallic).

Enjoy the new Honda CR-V special

offer of either a special interest rate of

1.99% or the “Double Smile” campaign

with installments starting from only

18,000 baht per month plus free insurance

for one year.

For more information about the new Honda

CR-V, please visit: www.honda.co.th/crv

www.thailand-business-supplement.com



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Intel says the production of its

next-generation chips will be set

back until 2022, following years of

delays getting its current-generation

chips on sale.The company

said it was exploring "contingency

plans" such as having third-party

manufacturers produce some of

its products.

In June, Apple said it would

transition its Mac computers away

from Intel processors and design

its own chips. Industry experts are

saying that Intel are risking leaving

a gap for competitors to step

into.

The reason? Well Intel said

it had identified a "defect" in its

manufacturing process that led to

the new delay.

So what exactly is a next-generation

chip?

Chip-makers try to miniaturise

their technology and processes

so that they can pack more transistors

on to a single silicon chip

and doing so typically creates

faster processors which are more

energy-efficient. This can give

smartphones and laptops a longer

battery life, and reduce energy

consumption by data centres.

Intel's current-generation chips

are described as 10nm (nanometre)

chips, and its next-generation

will be 7nm chips.These numbers

used to be a measure of the tiny

spaces in between transistors on

a chip, but today they are simply

marketing terms.

"Today, the metric commonly

used by the experts to compare

two different technologies is the

transistor density," said Dr Ian

Cutress, senior CPU editor of the

technology news site AnandTech,

which reported Intel's announcement.

Intel's most dense 10nm

designs are broadly equivalent to

the most dense 7nm designs by

rival chip-maker TSMC, he said.

Is Intel's delay significant?

Well, a delay in producing

next-generation chips could give

rivals a head start.

There are two main parts to Intel's

business: it designs computer

chips and manufactures them.

Most of its rivals only do one or

the other.

TSMC simply manufactures

chips designed by other companies,

such as AMD and Apple.

"During most of the 2010s,

one of Intel's key marketable industry-leading

features was that

it was ahead of its competitors in

manufacturing technology," said

DrCutress. "In recent years, Intel

has been unable to develop new

leading manufacturing technologies

on its original timescales."

While Intel's current-generation

10nm chips were delayed by

more than two years, TSMC was

shipping its equivalent 7nm chips

in bulk to major customers such

as Apple, AMD, Huawei and Qualcomm.

AMD already has a generation

of current-generation chips

on sale, Intel has no answer for

similar products in desktop computing,

and is only promising a

small launch of its first generation

10nm server processors by the

end of the year.

With all the delays Intel had on

its 10nm production, its new 7nm

chips were meant to solve that

issue and make 10nm more of a

footnote in Intel's history. The delay

to 7nm implies Intel is having

issues with the development.

If Intel fails to execute properly,

then it leaves a large hole for its

main competition to step into, as

well as eroding 20 years of confidence

in Intel's ability to deliver

high-performance and high-efficiency

computing products, which

would be nothing short of disastrous

for Intel

Steve Dickens

has worked in managerial and consultancy

roles for over 40 years with international technology

companies, 15 of which have been

here in Thailand. He can be contacted at

stevedickens@hotmail.com



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FOREIGN CURRENCY UPDATE

The DXY Dollar index, the

index that measures the U.S.

Dollar’s value against a basket

of major currencies was

choppy, but ultimately didn’t

move much, falling slightly

from 96.71 to 96.06. This

comes at a time when U.S.

tech stocks rose to all time

records and broader stock

markets rose to multi-month

highs, even in spite of the fact

that the U.S. now has a bigger

problem with coronavirus

infection rates than it did at

any time in the past. If a risk

off sentiment starts to prevail

in the stock markets, the

U.S. dollar may strengthen,

but gains will be capped by

the massive stimulus packages

that have been put in

place as well as the specter

of more to come. Against the

Thai Baht, the dollar moved

from 30.93 to 31.67 indicating

that the Baht weakened

during the period.

The British Pound moved

even lower from its 1.2348

level and hit 1.2250 before

rebounding back above 1.25

and passing the 1.2569 handle.

Looking at the past several

months the 1.25 level has

served as a center point of

a range that spans from approximately

1.2150 to 1.2850.

The pound has not held on to

levels below 1.20 or above

1.30 and so this range bound

activity may continue for a

while yet. If stock markets

sell off this could negatively

impact the GBPUSD cross

rate. Against the Thai Baht,

the pound moved from 39.06

to 39.81

The Japanese Yen has

been range bound as mixed

signals come from the other

side of the Pacific.

The JPYTHB cross rate

moved from 106.78 to 107.01

after hitting a high of 107.94.

It has not lost its safe haven

status during recent stock

market rises, and so more

strength could be on the

cards if equities take a turn

for the worse. Against the Thai

Baht, the Yen fetched 0.2930,

up from 0.2880, further confirming

Thai Baht weakness.

The Russian Ruble weakened

against an already weakening

U.S. dollar, moving from

69.70 to 71.96. Against the

Thai Baht, since both currencies

declined by about the

same amount, there was little

change in the cross rate which

moved from 0.445 to 0.420.

Ruble volatility continues to be

muted and there are no catalysts

to suggest a breakout in

either direction is likely to occur

just yet.

The Euro, again, has been

the biggest beneficiary of U.S.

Dollar weakness, moving from

1.1179 to 1.143. Since the

basket of currencies that make

up the DXY dollar index is

heavily weighted towards the

Euro, it is little wonder that it is

picking up the slack and rising.

Yet, Euro zone officials are still

embarking on their own additional

stimulus so it will be interesting

to see how long the

current uptrend can last.

Against the Thai Baht,

the rate moved strongly from

34.59 to 36.15, a multi-month

high.

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BUSINESS SUPPLEMENT

JUST THE STATISTICS

While bar charts, line graphs

and simple numbers are hardly

capable of providing the defining

answer to many economic,

social and political questions,

they are certainly a good way

of obtaining a general overview

of any particular subject.

Each month the Business

Supplement will look into a

brace of statistical information

and provide readers with what

we consider to be the central

elements of these figures.

THAI’S ARE THE

4TH MOST

GENEROUS IN

THE WORLD

According to the Charities

Aid Foundation’s 2019 World

Giving Index, Thailand scored

4th in the entire world in terms

of the generosity of its citizens,

with 71 percent of people donating

money in the prior month

at the time of the report.

Myanmar came in at the

top position with 81 per cent

of people making a donation of

some kind.

It is speculated that the

reason for these two countries

being highly ranked is the fact

that there are a large number of

people offering food and other

requisites to the community of

Buddhist monks and nuns.

In second place on the list,

also at 71 per cent was the UK.

This may be unsurprising to

some since the sheer weight of

pressure from charities urging

people to make donations is

evident in everyday life there.

Elderly people are particularly

targeted by charities and with

an ageing population it is no

surprise that the UK ranks so

high.

Malta was in third place with

the same rate of the population

making a donation.

In 5th place was the Netherlands,

whilst in 6th and 7th

places were Ireland and Indonesia,

respectively.

Australia, New Zealand and

Canada rounded up the rest of

the top 10 positions in that order.

PHUKET RANKS

WELL FOR VEGAN

OPTIONS

In keeping with a Hayes and

Jarvis’s analysis of Trip Advisor

ratings late last year, Phuket

came in second place worldwide

for providing vegan options for

visitors and locals alike.

Fully 20.1 per cent of all

restaurants in Phuket were either

vegan or provided vegan

options.

Just beating Phuket to the

post was Dublin in first place,

with 21.1 percent of restaurants

providing vegan fare, or classified

as vegan establishments.

In third place was Amsterdam

with 19.8 per cent, followed

by London at 19 per cent and

Venice at 18.6 per cent.

The rest of the top 10 was

made up of cities that were

spread across the world far and

wide.

Florence made 6th place

with 18.4 per cent of restaurants

suitable for vegans, followed by

Orlando, Athens, New York and

Johannesburg with scores ranging

from 17.3 per cent to 15.5

per cent.



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14



4

5

6

7

8

9

10

13 12 11



Featured restaurants & pubs


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



BUSINESS SUPPLEMENT

BUILD YOUR EMAIL

MARKETING LISTS TO

EXPLODE YOUR REACH

There are many people who

will tell you that email marketing

is dead and many people

who will tell you it’s the way

they make most of their sales.

Only you can decide if email

marketing is right for you and

your business. The best way to

find out is to start building a list

and send out some newsletters

and marketing emails and

measure the response.

First of all you need to sign

up to an email marketing platform

such as Mailchimp. This

platform is free for up to 2000

email addresses but you must

have a domain based email

address not hotmail or gmail.

As long as you have an

email address on your own domain

then you are good to go!

Once you have signed up,

Mailchimp is pretty easy to

navigate and start building

your lists. It’s important that

you get permission from whoever

you intend to send mail to

as if you get too many unsubscribes

in your mailing campaigns

then your mailchimp

account can get suspended.

The worst case scenario is that

your entire domain could be

blacklisted meaning that your

emails always end up in spam.

For this reason, many people

recommend to buy a separate

domain just for email marketing

which is closely related to your

main domain. Example mydomain.com

and mydomain.net

You should also avoid buying

email lists as they can contain

old email addresses which

are no longer active and a high

number of bounced emails in

your marketing campaign can

also result in a banned account.

So, what is the right way to

do it?

The first thing to do is to

add an optin plugin to your

website. If you use Wordpress

(which you should be) you can

use Bloom plugin which adds a

sign up for our newsletter form

to your website and connects

to your mailchimp account.

You may wish to incentivise

people to join your list by giving

away something for free in

return for their email address.

In order to remain compliant

with GDPR and other regulations

then you should also

provide a check box for them

to subscribe for additional

emails. Most people will usually

subscribe.

You can also encourage

people to sign up to your mailing

list by leveraging email

only special deals. If people

know that not signing up is going

to cost them money then

you can rest assured that your

‘new signup list’ is going to be

full everyday.

If you sell many products

you can give your customers

the choice to just receive

emails about products they

may be interested in as opposed

to your entire product

catalogue.

When it’s done correctly,

email marketing can be a great

way to expand your reach. If

you need help with an email

marketing campaign please

contact sales@pdsconsultingsolutions.com

Gemma Purnell

+66 33 039 399

gemmapurnell.com

gemma@gemmapurnell.com



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

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



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.



BUSINESS SUPPLEMENT

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

Tranfer Fee

Annual Fee

Age

1 Time

20%

of Prevailing Rate

THB 20,000

(VAT Excluded)

Not less then 20 years

Only to immidiate Family

1 Time

20%

of Prevailing Rate

THB 10,000

(VAT Included)

None None None

None

None

None None None None None

None None None

None

None

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)

None

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

Email : pattaya@companyvauban.com

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

(Ref,: Thailand Business Supplement)



FITNESS & YOU

- THE KEY TO A BETTER LIFE -

For those people who take

their health and well-being seriously,

it’s always a battle between

the desire to have the

best equipment and having the

budget to afford it. Even the

best home use equipment

can cost a

fortune let alone

thinking about full

commercial grade

kit. Everyone

has

their favourite

pieces

of

cardio

equipment

and

of course

a decent

home gym

wouldn’t be

complete

without a

set of freeweights

and bars,

but add

all this together

and

costs start

to add

up and

makes

the the dream less attainable.

Buying cheap home use

equipment, to those who take

things more seriously, is also

not a thought worth entertaining.

Cheaper price means lower

quality and more chance of

something going wrong. Repairs

could be costly, long drawn-out

affairs. There are other options

however.

1. Many companies use

demo machines to show big

name gyms the latest model,

once these machines have fulfilled

their purpose, they are

sold off at a cheaper price to get

back the original investment.

Some of these machines may

still be under the manufacturers

warranty. This represents excellent

value, although the equipment

may not be brand new and

straight out of the box, being a

commercial grade piece, it will

more than likely be in excellent

condition and under normal

home use, will last a hundred

years!!

2. Superseded model, or

end of production. When a new

model is released, many companies

like to clear out remaining

stocks of the old model to

BUSINESS SUPPLEMENT

make way for the incoming new

designs. It may not be the latest

and greatest, but it is by no

means a bad deal. Again, these

commercial models will last decades

when used by one or two

people at home and as above,

may even still carry the manufacturers

full commercial warranty.

3. Trade-ins. When big box

clubs catering to large membership

bases update their equipment,

they usually trade-in the

old models in to get something

back on their original investment.

More often than not,

these machines have been under

a yearly service contract

and although have had high usage,

they have been well taken

care of. Belts replaced and oiled

regularly. Most equipment suppliers

will happily sell these on

at more or less the same price

they bought it for in order to get

it off their hands quickly. The

last thing they need is a warehouse

full of equipment just

getting older. These machines

rarely have any manufactures

warranty left but if purchased

through a reputable dealer, you

will have after sales service and

support just a phone call away.

All of the above options

gives you a more reasonable

entry into the world of quality

health and fitness equipment.

High end brands and affordable

prices. SEARA is a company

that has been in business for 27

years in Thailand and has built

a reputation of being a trusted

and respected business partner

to both Commercial and Home

Use markets and from time to

time has stocks of good quality

equipment as mentioned in the

above article. You are more than

welcome to come and see what

is available either in the Pattaya

showroom or in the large warehouse

facility located an hour or

so drive towards Bangkok.

Investing in your health and

well-being is never something

that should be taken lightly and

it might just be worth the extra

digging around to try to find a

better quality of equipment at

an affordable price than simply

looking at the the cheapest easiest

option that may may end up

costing you more in the long run

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 2020 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

SUDOKU

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

and not too frustratingly hard, for the average person.

7 6

9

2

6

1

1

9

5

1

4

7

9

3

5

5

6

1

7

8

5

4

2 3

2

7

9

3

8 2

4

3

6

5

6

7

9

3

7

5

9

6

2 4

1

7

8

5

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.

CROSSWORD

Last months sudoku answers

TRIVIA Quiz

ACROSS

3/ Pleasant (4)

5/ Impartial (4)

8/ Sharp pain (6)

10/ Consume food (3)

12/ Diffident (5)

13/ Occupational Health & Safety init. (3)

14/ Show purpose (6)

DOWN

1/ Innate (8)

2/ Elizabeth Regina (2)

4/ Domesticated feline (3)

6/ Difference of opinion (8)

7/ Presents (5)

9/ Byword (5)

11/ average-sized conurbation (4)

1. The two battles of Manassas Junction in the US Civil War are better

known by what name?

2. In what year did East Pakistan become independent and change its

name to Bangladesh?

3. Two English kings have never been crowned in Westminster Abbey

since William the Conqueror. Which two?

4. Aristotle was the tutor to which famous ruler?

1 2

3 4

5 6

7

8

9

5. Which Greek city is often called the birthplace of democracy?

6. The Peloponnesian War was fought from 431 to 404BC between which

two Greek states?

7. Who is generally accepted as the chief author of the American Declaration

of Independence?

8. Who was George W. Bush’s first Secretary of State?

9. Which US Supreme Court justice headed the investigation into the

assassination of president John Kennedy?

10. To which country was General Douglas MacArthur referring to when

he said “I shall return”?

10 11

12

13

1. Battles of Bull Run 2. 1971 3. Edward V & Edward VIII 4. Alexander the Great 5. Athens 6.

Athens and Sparta 7. Thomas Jefferson 8. Colin Powell 9. Earl Warren 10. The Philippines

Answers:

14

CROSSWORD ANSWERS

ACROSS 3/Nice 5/Fair 8/Twinge 10/Eat 12/Timid 13/OHS 14/Intent

DOWN 1/Inherent 2/ER 4/Cat 6/Argument 7/Gifts 9/Adage 11/Town

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.



AGODA JOINS

THAILAND’S

LARGEST - EVER PROGRAM TO

BOOST DOMESTIC TOURISM

BUSINESS SUPPLEMENT

Agoda has announced a partnership

with the Tourism Authority

of Thailand (TAT), Ministry of

Tourism and Sports, Fiscal Policy

Office, Ministry of Finance,

and Krungthai Bank PCL to support

the ‘Rao Tiew Duay Gan’,

or TTogether stimulus project to

boost domestic travel.

Agoda’s Bangkok based

technology team has developed

tech and marketing solutions to

simplify the search, booking,

and payment processes for eligible

Thai travelers joining the

government’s subsidy program,

and booking participating hotels

via Agoda’s dedicated platform

www.agoda.com/ttogether.

The TTogether tourism stimulus

encourages Thai travelers

to plan inter-provincial trips to

book and stay between 18 July

and 31 October 2020, to help

revive domestic tourism and

support hoteliers and the tourism

industry in the 76 provinces

across the country. The government

will subsidize 40% of room

night rates, up to 3,000 THB

per night, for up to five nights

per person. Over 5 million room

nights are offered as part of this

Thai government initiative.

From 15 July 2020, travelers

can register to participate in the

TTogether program on the program’s

website, and once registered

can book via Agoda mobile

application. From 6 am, 18 July

2020, travelers can quickly and

easily see the great deals from

participating hotels on Agoda’s

dedicated platform, which will

highlight destinations across

the country to encourage Thai

travelers to visit more of Thailand,

beyond traditionally popular

destinations. Agoda’s platform

can help distribute tourism

spend to benefit the wider Thai

tourism economy.

For hoteliers, Agoda’s automation

of processes will provide

advantages, particularly to independent

hotels throughout Thailand,

to allow them to manage

these bookings more efficiently.

Agoda’s technology simplifies

participation in this initiative by

making it easier to receive payment

quickly for the room, and

reducing manual steps in the eligibility

verification process.

John Brown, Chief Executive

Officer of Agoda, said: “As one

of the biggest digital accommodations

platforms in Thailand,

we are delighted to partner with

the Tourism Authority of Thailand

(TAT), Ministry of Tourism

and Sports, Fiscal Policy Office,

Ministry of Finance, and

Krungthai Bank PCL to use our

technology to help enhance

the customer experience when

booking one of these fabulous

value deals offered by the ‘Rao

Tiew Duay Gan’ campaign. Thailand

is one of our most exciting

markets, as well as being home

to our major operations center,

so we are proud to be able to

help Thai travelers to explore

and experience all the beauty

and diversity Thailand has to

offer.

There will be thousands of

hotels to choose from all across

76 provinces in Thailand on the

Agoda platform, which means

we will also be supporting safe

and sustainable travel, and

sharing the tourism benefits

across the country.”

By using its state-of-art and

best-in-class technology, developed

by its Thai tech talent in

Bangkok, Agoda is innovating

the way people travel and creating

more personalized experiences

for travelers worldwide.

Agoda helps everyone travel

anywhere, offering over 2.5

million great value properties

across 200 countries and territories,

including Thailand.

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.

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



at its very best!

Location: PATTAYA

The countdown

to launch date

has begun

Bangkok August 2020

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