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Hemaraj contributes to
Eastern Seaboard Region
Hemaraj
Land and Development PLC coordinated with customers in Hemaraj’s 3
industrial estates, Chonburi Industrial Estate (Bo-Win), Eastern Seaboard
Industrial Estate (Rayong) and Eastern Industrial Estate (Map Ta Phut),
for the semester contribution program to donate tableware, notebooks,
stationary, and Kellogg’s cereal to 6,500 students in 31 schools around
the Eastern Seaboard Region.
BCCT to hold luncheon
with Dr Supachai Panitchpakdi, incoming Director General of the World Trade
Organization
On July 1st, Sweden will hand on the Presidency of the
European Union to Belgium. To mark the event, the Belgian-Luxembourg/Thai
Chamber of Commerce (which chairs the European Community Business
Association in Thailand) and the Thai-Swedish Chamber of Commerce are
delighted to announce that Dr. Supachai, one of the most respected opinion
leaders in Thailand in business politics, will speak at a luncheon on June
25 at 12:00 p.m. at the Sheraton Grande Sukhumvit Hotel. Dr Supachai will
give a speech titled: “World Trade Organization, The Next Round”.
From September 2002, Dr. Supachai will be the Director
General of the World Trade Organization. In the coming years his ideas will
influence the international business scene and the political agenda of many
countries. The Europe-educated Dr. Supachai is known as a straightforward
economist with an open and creative mind. He is also a very talented
speaker.
The luncheon is being organized under the patronage and
with the support of the Royal Belgian Embassy and the Royal Swedish Embassy.
Cost: THB 800 per person for payment at the Beluthai
office by June 18, THB 900 per person for payment at the door
Please confirm your attendance by Monday, June 18 to
Beluthai (not BCCT).
Mossack Fonseca &
Co. (Thailand) Ltd. arrives in Thailand
Mossack Fonseca & Co. (Thailand) Ltd. was recently
established to cater to the growing needs of the business community in
Thailand. Stephen Wagner, the newly formed company’s managing director
was educated at Emory University in Atlanta and Loyola Law School in Los
Angeles. He brings with him several years of experience in the field of
law and legal counseling. Wagner has been in Thailand for over 5 years,
and has previously been employed with Mongkolnavin Law Office and Finansa
Ltd.
Mossack Fonseca & Co. (Thailand) Ltd. is a member
of the Mossack Fonseca & Co. International Group. It specializes in
company formations in five major locations, namely, British Virgin
Islands, Bahamas, Niue (South Pacific), Seychelles (Indian Ocean) and the
Republic of Panama. Other jurisdictions, as well as a full range of
corporate services are available through the international group and local
office.
In BVI, the Bahamas, Niue, and the Seychelles, the
parent company acts solely as a company formation agent and provides
related services. In Panama, it provides a full range of legal services,
including those related to private foundations, trusts, ship mortgage
registrations and others. The Mossack Group has representative offices in
Latin America, Europe, North America and Asia. The company is accessible
to its client’s 24 hours a day for confidential, reliable and
continuously updated corporate advisory services.
The group comprises over 220 members, among which are
specialized attorneys, tax planners, business administrators, accountants
and system analysts who jointly provide speedy and efficient services to
its global clientele. Most of the senior staff members are multi-lingual
and have traveled extensively around the world. The company’s group of
experts, backed by over 23 years of experience, guarantees that its
clients can access its valuable information providing beneficial
advantages of various premier financial centers.
The newly operational office of Mossack Fonseca &
Co. (Thailand) Ltd. aims to provide offshore corporate services for
individuals, professionals and corporations alike. The company’s varied
services include:
Company formation and administration in all
jurisdictions
Foundations and trusts
Bank account openings with major offshore banks
E-banking and credit card services
Offshore tax planning and asset protection
Virtual office facilities/nominee services
Professional discounts are also available.
The company has operations in various countries,
including Hong Kong, Panama, Bahamas, Niue, Seychelles, Bermuda, Florida,
Geneva, Jersey, London, Luxembourg, Taiwan, Singapore, Vancouver, Zurich,
Uruguay, Guatemala, Lugano, Czech, Cyprus, Brazil and now Thailand.
Mossack Fonseca & Co. (Thailand) Ltd. is only a
phone call or e-mail away ([email protected]). Mossack can provide the
best solutions to either individual, professional or corporate business
needs. More information could be obtained from the company’s web site at
www.mossfon.com
Thailand’s
Privatisation Programme - Which way is up?
On Thursday, June 21, the BCCT will also hold a
Property & Infrastructure Committee luncheon - “Thailand’s
Privatisation Programme” Which way is up?
The guest speaker will be Simon Leary, partner in
corporate finance and head of project finance and privatisation for
Pricewaterhouse Coopers. The luncheon will take place at the Evergreen
Laurel Hotel, Laurel Room, 3rd Floor from 12 noon.
Simon Leary is resident in Bangkok and responsible for
PricewaterhouseCoopers’s infrastructure advisory practice which he
established in 1998. Recent clients have included the State Railway of
Thailand, Department of Aviation, BTSC, I-Net, the Department of Mineral
Resources and the World Bank.
With over thirteen years of relevant experience, Simon
has advised on privatisation and public sector reform issues in 15
countries worldwide including Thailand, Malaysia, India, Cambodia, South
Africa, Russia, Poland and the UK. He was educated at Cambridge University
and London Business School.
As part of the post crisis reform agenda, the Chuan
Government committed to a comprehensive programme of public sector reform
which was to include a substantial privatisation element. Four years on
and the new administration is still grappling with when and how to
privatise the significant portfolio of business still owned by the Thai
state. The new government is in the process of rolling out its own plans
for how best to privatise. These plans offer significant opportunities and
challenges for potential advisers, suppliers and investors. Next to the
new regulations for setting up the TAMC the plans for the SoE Hold Co
could represent the most significant reform programme of Prime Minister
Thaksin’s first year in office.
Understanding what’s happening has implications not
only for those directly interested in privatisation but for anyone with a
wider interest in the general health of the Thai economy and the role of
infrastructure in helping generate a sustainable economic recovery.
The cost of this luncheon is Baht 600 net per person
inclusive of VAT and soft drinks. Purchase of other drinks is on personal
accounts. If you wish to attend please reply with payment to the Chamber
office by Wednesday June 20, tel. +662-651-5350-3, fax: +662-651-5354, or
email: [email protected]
Opening Ceremony of Hi-Fi
show 2001
Dr.
Arthit Ourirat, Ph.D., former Minister of Science, Technology and
Environment (2nd left) presided over the opening ceremony of the Hi-Fi
show 2001 at the Bangkok Trade and Exhibition Center. The good Dr. is
shown here with Wijit Boonchoo (left), executive editor of GM Vision Co.,
Ltd.
DHL adds value to Import
Express service
Importers in Thailand can now pay import bills
in baht
International air express leader DHL is introducing four
new benefits to its Import Express service, all of which it says respond to
the specific needs of Thai importers.
The new version of Import Express sees DHL taking
responsibility for imports, from pick-up from a supplier through customs
clearance to delivery, and also charging importers in baht to offset currency
exchange costs.
The four new Import Express benefits are:
1) One account number means Import Express customers
control the movement of their international shipments - they just fax or
e-mail their overseas suppliers who then call their nearest DHL office to pick
up the consignment to send to them or third party.
2) One price means DHL customers know in advance the price
of a shipment in baht. This all-inclusive price includes pick-up from the
suppliers, express shipment to Thailand, customs clearance and door delivery.
DHL remains accountable for the shipment throughout.
3) One invoice means less paperwork for DHL customers
because their bills are collected onto one account number.
4) One phone call means an Import Express account number
can now be set up at ant time by contacting the 24-hour DHL Customer Service
division on hotline 658 8111 ext: 6.
“We expect these tailor-made benefits will help importers
in Thailand gain a new competitive advantage,” said DHL Thailand general
manager Dr. Don Bhasavanich. “I believe DHL Import Express is an easier and
more cost efficient way of importing.”
“Import Express simplifies negotiations between importers
in Thailand and exporters around the world. It will therefore facilitate
smoother trade relations between local businesses and their major trading
partners,” Dr. Don said.
From now until August 5, 2001, DHL is offering Import
Express existing customers and new customers who open an Import Express
account and use the service a complementary package tour and variety of Import
Express gifts, combined worth more than 500,000 baht.
Updated every Friday
Copyright 2001 Pattaya Mail Publishing Co.Ltd.
370/7-8 Pattaya Second Road, Pattaya City, Chonburi 20260, Thailand
Tel.66-38 411 240-1, 413 240-1, Fax:66-38 427 596; e-mail: [email protected]
Updated by
Chinnaporn Sungwanlek, assisted by Boonsiri Suansuk.
E-Mail: [email protected]
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