BUSINESS SUPPLEMENTTHAILAND BUSINESS NEWSSALES OF MERCEDES-BENZ GCLASS MODELS SURGEIN THAILANDDespite the coronavirus, Mercedes Benz(Thailand) reported that sales of its G classoff-road vehicles jumped by more than 225%for the first 6 months of 2020, based on a yearon year comparison.Sales of the AMG sports car also rose, butby a more modest 1.6 per cent. These risescame at a time when the car industry as awhole was bracing for a downturn.Roland Folger, president and chief executiveof Mercedes-Benz (Thailand), was quotedas saying that G Class sales in June, ”havesurprisingly risen more than what we expected”,adding, “These results showed a positivetrend for the Thai car market in the third quarter.”The successwas due to carefullyengineeredonline marketingthat enabledusers to become familiar with the featuresof the models without leaving their home.Mr. Folger was also quoted as saying, “Asconsumers continued to be able to access andget close to the Mercedes-Benz brand over thepast months when we were facing the Covid-19crisis, it was reflected in positive sales resultsduring the first half of 2020.”THAILAND’S PTT BEHIND ASIA’SLONGEST DATED BOND ISSUEEnergy Company, PTT, has raised US$700million by way of a 50-year bonds issuance.These are the longest dated bonds ever issuedin Asia. The yield offered was 3.7 percent.Just how investors can tell the future directionof interest rates over the next 10 or 20years is hard to imagine, but a whopping 50years would require some certain convictionfrom investors. Yet interestingly, demand forlonger dated bonds is increasing due to requirementsfor pension funds to plan for thefuture.A debt capital markets banker who workedon the PTT deal was quoted as saying, "Forhigh quality names moving towards longerdate deals is not that difficult, we have seensome 40-year transactions already," adding,"We are not jumping from 10-year deals to50-year deals, we are moving there graduallyand investors are becoming more receptive tolonger dated issuances.”THAI VIETJET SEES PROMISE INTHE DOMESTIC TRAVEL MARKETThai Vietjet, an airline in the Kingdom operatinga number of domestic routes, has seenan increase in bookings of around 10% in Julyversus the month before.The company hopes to boost domestictravel demand by increasing the number of domesticroutes it flies. Five new routes are to beadded to its network.These will be Bangkok to Khon Kaen,Bangkok to Nakhon Si Thammarat, Bangkok toSurat Thani, Bangkok to Hat Yai, and Bangkokto Ubon Ratchathani.Currently the airline is only flying 7 out of its11 strong fleet of Airbus A320 and A321 aircraftand so has the capacity to grow its route-map.Thai Vietjet’s chairwoman, Nguyen ThiThuy Binh, was quoted as saying, “A growthtrend is possible in July, thanks to governmentsupport to stimulate domestic tourism.”www.thailand-business-supplement.comHONDA UNVEILS THE NEW HONDA CR-VHonda Automobile (Thailand) Co.,Ltd. today unveiled the new HondaCR-V, Honda’s iconic premium SUV, inThailand, making its debut in Asia andOceania. The new Honda CR-V comeswith a new exterior design that emphasizesits sporty, luxurious, and robustlook in every dimension, making it morepremium with a panoramic sunroof andLED sequential turn signals. It also featuresintelligent safety technology to ensureconfidence in every journey: HondaSENSING and smart technology; HondaCONNECT that connects the driverand car; and many premium featuresfor comfort in the spacious cabin readyto answer every lifestyle need in both a7-seater and 5-seater variant. The newHonda CR-V is equipped with a 1.6Li-DTEC DIESEL TURBO engine or a2.4L DOHC i-VTEC petrol engine with aCVT transmission. Offered in a new color,Cosmic Blue Metallic, it is available atprices from 1,369,000 to 1,759,000 baht,along with a 1.99% special interest rateoffer, or, alternatively, the Double Smilecampaign with installments starting fromonly 18,000 baht per month plus free insurancefor one year.Exterior: A luxurious and robust lookin every dimensionMore premium with a One-TouchPanoramic Sunroof .Enhanced sportyspirit with a Gloss Black front grille andnewly-designed front and back bumpers.Tailgate in a black chrome wrap and taillightin a black wrap. Full LED headlights,with LED Daytime Running Lights (DRL)and LED sequential turn signals, and fullLED taillights. Accentuated body line andsporty new 18-inch alloy wheels.The new Honda CR-V enhancescustomers’ confidence with Honda’sintelligent safety technology, HondaSENSING, which includesCollision Mitigation Braking System(CMBS), Adaptive Cruise Control withLow-Speed Follow (ACC with LSF), LaneKeeping Assist System (LKAS), RoadDeparture Mitigation System with LaneDeparture Warning (RDM with LDW) andAuto High-Beam (AHB).Other advanced safety features includeHonda Lane Watch, Driver AttentionMonitor (all variants) which detectsthe driver’s tiredness on the steeringcontrols and alerts the driver with notificationvia TFT display and steering vibration,Agile Handling Assist (AHA), andHonda CONNECT, a smart technologythat connects the driver and car.Interior: Spacious cabin reflects aluxury lifestyle fully equipped with premiumcomfort featuresThe new Honda CR-V’s interiorcomes with an attractive large consolein woodgrain and piano black, and isavailable with 3-row seating (7 seats)and 2-row seating (5 seats). Featuresto provide premium comfort for everytrip include a Wireless Charger, AutoFoldable Side Door Mirror (controlledby remote control), Driver Memory Seat,8-way power driver seat with 4-way lumbarsupport, Auto Dimming Rear ViewMirror (all variants), and an Air-conditioningsystem for both the 2nd and 3rdrow of seating (7-seats). It also featuresmodern connected technologies suchas a 7-inch Advanced Touch with AppleCarPlay Display Audio and Siri voicecontrol, a navigation system (only 4WDvariants), TFT Multi-Information Displaythat allows various features and contentto be displayed, and easy controls witha multifunction steering wheel providingbuttons to control the audio system andyour phone.The new Honda CR-V is ready torespond to any lifestyle and functionalneed. Enjoy the premium lifestyle with aHands-free Power Tailgate (all variants)that can control opening and closing andan adjustable height setting by remotecontrol, and design your own functionalareas with foldable seats to serve variouspurposes, plus a flexible center consolethat can adjust the storage compartmentthree ways for usage.Two engine options for powerful performanceThe 1.6L i-DTEC 4-cylinder DIESELTURBO engine has maximum powerof 160 Ps at 4,000 rpm and maximumtorque of 350 newton-meters at 2,000rpm, equivalent to a large-size dieselengine. It works together with a shift-bywirenine-speed automatic transmissiondesigned to offer good acceleration andexceptionally high fuel efficiency of 17.9km/l, together with a 4WD system. The2.4L DOHC i-VTEC 4-cylinder engineprovides 173 Ps at 6,200 rpm and224 newton-meters of torqueat 4,000 rpm. It is integratedwith a CVTautomatic transmissionthatoffers timelyresponse,and is compatiblewithE85 and E20alternativefuels. Thisengine isavailable witheither a 2WDor 4WD system.The new Honda CR-V comes in fivevariantsDiesel engine DT-EL 4WD 7seats for 1,759,000 baht; Petrol engine2.4 EL 4WD 7 seats for 1,579,000baht; Petrol engine 2.4 E7 seats for 1,419,000 baht; Petrolengine 2.4 ES 4WD 5 seats for1,529,000 baht; Petrol engine 2.4 S 5seats for 1,369,000 bahtThe new Honda CR-V is availablein five stylish colors: A new color -Cosmic Blue (Metallic), Crystal Black(Pearl), Modern Steel (Metallic), PlatinumWhite (Pearl), and Lunar Silver(Metallic).Enjoy the new Honda CR-V specialoffer of either a special interest rate of1.99% or the “Double Smile” campaignwith installments starting from only18,000 baht per month plus free insurancefor one year.For more information about the new HondaCR-V, please visit: www.honda.co.th/crvwww.thailand-business-supplement.comHigh Tower Co., Ltd. Tel: 038 411 009For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENTWhen We Say PrintingWe don’t Just Mean Printing...Printed BoxesPlacematsPull Up BannersMenusFlyersBrochuresSlim LEDLight BoxesMocktailMarchSandsCafe195BahtName CardsBuy 1 Get 1 Free!Sand Cafe PattayaPostersCalendarsWe bring your work to lifeWith our cutting-edge technology and professional human resources, we can provide you with a total one-stop shop for all your printing needs.PATTAYAT: 038-411-009 | M: 084-677-4360 (EN),062-365-3250 (TH)E: hightowerpattaya@gmail.comBANGKOKM: 084 599 7315 (EN / TH)E: neville@royalsiamprintingservices.comEmail: ben.hightowerltd@gmail.comwww.Thailand-Business-Supplement.com
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