BUSINESS 
HEADLINES [click on headline to view story]: 

Dujduen will be next chairwoman of YWCA Bangkok-Pattaya Center

Laser technology makes light work of engineering problems

Floodwaters cause 1M baht of damage to Esso filling station

US heightens opposition to Thai compulsory licensing

New retail-business law goes to Thai Cabinet

Soho Square bringing a new dimension to Walking Street

Raimon Land to auction one-of-a-kind penthouses in Bangkok and Pattaya

King Power has rights to sue AoT, says transport minister


Dujduen will be next chairwoman of YWCA Bangkok-Pattaya Center

Nittaya Patimasongkroh (middle right), outgoing chairwoman of the YWCA Bangkok-Pattaya Center presents flowers to and congratulates new chairwoman Dujduen Ruongvachetivong.

Narisa Nitikarn

Dujduen Ruongvachetivong has been unanimously elected the new chairwoman of the YWCA Bangkok-Pattaya Center, and will take up her new appointment in June.

The announcement was made at the association’s monthly meeting held on March 13 at the Diana Garden Resort, headed by current chairwoman Nittaya Patimasongkroh and with former chairwoman Sopin Thappajug, advisor Chitra Wattanasin, and general secretary of the YWCA Acharn Walaiporn Viriyakovin also present.

Chitra in her welcome speech to the new chairwoman said the position requires giving totally the body and mind and cooperation. “An important point is that we are a group of Christian women who need God to lead the way in order that all expectations will be fulfilled,” she said.

The outgoing chairwoman will fill the post of chief advisor to the association. The vice chairwoman and the committee will be elected at the next meeting in April.


Laser technology makes light work of engineering problems

The DSU-Treff German-speaking business group gathered at Dusit Resort on March 18.

Michael Albers

The DSU-Treff German-speaking business meeting gathered at Dusit Resort on March 18, with Christian Frank, founder of DSI Laser-Service GmbH, from the small town of Maulbronn in southern Germany, as the guest speaker.

DSU chairwoman Elfi Seitz and Dusit Resort resident manager Marcus Wirsching welcomed all guests at the conference room, and equipped with a glass of wine, attendees caught up on their friends’ and acquaintances’ latest projects and established contact with newcomers to the monthly function.

Dr Raimund Cerny, president of CD-Presse and Swiss Esther Kaufmann, 2004 receiver of the German Federal Cross of Merit for her care for German-speaking prisoners in Thailand, were among the participants.

After a brief address, Elfi Seitz handed over to Walter Kretschmar, who introduced the “genuine Swabian small-scale entrepreneur”, guest speaker Christian Frank.

Christian is actually a dentistry technician by training and background. He worked in dentistry equipment development for 12 years before founding DSI Laser-Service in 1997. The enterprise uses laser technology to repair tool-casting molds, and can handle anything ranging from thin-sheet materials to injection molding devices and major equipment weighing several tonnes. Major business concerns including Mercedes, BMW and Audi are regular customers.

DSI’s service is by no means restricted to repair works. Laser labeling with texts, logos or even all-around labeling can be carried out on metal, synthetic and specula surfaces as well. Another core theme Christian offers is the professional training of laser-beam specialists at the factory, and courses are also conducted on the customers’ own premises. The enterprise offers corporate sales of hand-operated laser welding systems and welding rods for tool and mold construction.

Christian Frank has expanded his company to a global franchise network, with distribution partners in Germany, Switzerland, France, the USA, Thailand, Indonesia, Taiwan and Japan. With the support of his Thai wife Thongplew Banpao, managing director of DSI Thailand, he plans to develop the Chonburi site to become the center for the entire Asian franchise market.

Perpetual innovation and creative methods of problem solving are part of the DSI Laser-Service ethos. Even aluminum welding, for a long time considered a physical impossibility, is undertaken by the company. The advanced technology gives opportunities to work in heights of over two meters, at any angle and without any restraints or zones of temperature influence.

More information can be found at www.dsi-laser.de


Floodwaters cause 1M baht of damage to Esso filling station

Patcharapol Panrak

A storm flooded Sriprapat Market in Sattahip during the morning of March 20 and caused a large amount of damage to the nearby Esso filling station when water contaminated the fuel storage tanks.

The gas station is located on Sukhumvit Road and is owned by Pongsan Noppan. A total of 45,000 liters of fuel was contained in the underground tanks, itemized as 15,000 liters of diesel, 15,000 liters of Benzene 91, and 15,000 liters of Benzene Gasoline 95. Total cost of damage has been put at 1,171,350 baht.

Many cars and motorcycles were also damaged bikes when they were trapped in the floodwater.

Plutaluang sub-district and Sattahip sub-district administrative organizations sent officials from the Subdivision of Protection and Disaster Prevention to pump water out of the Sriprapat Market area.

Vice Admiral Chanchai Charoensuwan, commander-in-chief of the Sattahip Naval Base sent personnel into the flooded area where they worked in cooperation with the fire and rescue services to pump water out of the Esso station and help members of the public.

The flooding was caused by rainwater flowing from the high areas alongside Sukhumvit Road, going in the direction of Sattahip to Rayong. Many hours were spent pumping all of the water out of the gas station and surrounding streets.


US heightens opposition to Thai compulsory licensing

The Washington-based US Chamber of Commerce (USCC) has expressed concern regarding the Thai government’s decision to impose compulsory licensing on three important drugs, saying other countries might imitate the move.

Thailand recently broke patents on an antiviral HIV/AIDS drug, an anti-blood-clotting agent, and an anti-cancer medicine, in a bid to lower domestic prices for the estimated 600,000 people, who suffer from the diseases here.

Lt. Gen. Daniel Christman, senior vice president for international affairs of the US Chamber of Commerce, who recently paid courtesy calls on key ministers, including Deputy Prime Minister and Industry Minister Kosit Panpiemras and Finance Minister Chalongphob Sussungkarn, said he had raised concerns on the matter voiced by over 3 million American business members for discussion with the Thai ministers.

He said the US Chamber’s understanding of Thailand’s decision regarding compulsory licensing of the drugs in question is that they do not fall under the World Trade Organization’s agreement on intellectual property.

The US, however, fears the move could have a wider impact as other countries might follow suit. US investors, particularly those in the pharmaceuticals industry, are very concerned about the matter.

Gen. Christman said Thailand has been placed on the US watch list for intellectual property piracy under which it risks losing the generalised system of preference. But should Thailand insist on applying compulsory licensing on the drugs, it might be put on a special US watch list.

A compulsory copyright license is an exception to copyright law that is usually justified as an attempt by the government to correct a market failure. It has been rarely used in the past.

Gen. Christman added that US investors are also worried about the Foreign Business Act amendment and the reserve requirement imposed to curb the currency volatility of the baht.

Thailand needs to find new alternative measures that neither affect the investment climate nor shake the confidence of investors, he said. (TNA)


New retail-business law goes to Thai Cabinet

Commerce Minister Krirkkrai Jirapaet said that Thailand’s new retail business law, designed to create fair trade competition between major and minor retail and wholesale traders, would be given to the Cabinet for its consideration this week.

Speaking at a seminar held last Saturday in Korat, Mr. Krirkkrai said the draft law - which contains 60 articles - would be first submitted to the Cabinet for approval and then be sent to the Office of the Council of State.

It is expected that the draft could be forwarded to the National Legislative Assembly around May and could be brought into force by mid-year.

There are currently more than 300 major retail outlets in Thailand, with signs that the number will continue to increase in the future. Without proper laws to control them, several hundred thousand small Thai retailers could be forced out of business, Mr. Krirkkrai said

Even if the current law is enforced, there is no guarantee that major retailers will stop expanding branches, he said, adding that this new draft law is intended to create fairness in the market place.

Thai retailers will have to adapt themselves and their businesses to free trade practices in order for them to compete and survive, he added.

Hypermarket giants, including Carrefour, Siam Makro and Big C Supercentre, have agreed to cooperate with the Ministry of Commerce but Tesco Lotus has adopted a hard-line stance with no commitment to suspend its expansion.

Meanwhile, Somchai Pornratanacharoen, president of Thai Wholesaling and Retailing, said such retail-business laws can be found in many western countries and that major retail businesses which are operated by foreigners in Thailand should reconsider their stance.
“How can it be fair if only one party gains while another loses?” Mr. Somchai asked. (TNA)


Soho Square bringing a new dimension to Walking Street

Soho Square Plaza, situated on a busy spot of Pattaya’s world famous Walking Street is now almost 18% complete, with business operators such as fast food outlets and coffee shops, banks, souvenir shops, a bookstore, wine bar, offices and restaurant all booked to move in upon completion. At a recent signing ceremony, Chatchawal Wimugtayon (pictured right inset photo) CEO of Soho Square Plaza, signed an investment contract with Gary and Julie Anne Miller (pictured center), a couple from England. The Millers have booked a frontage building at the new plaza for their fast food restaurant. The entire project is due to finish in November this year. For further information please call 038-710 119, 038-374 590 or go to Web site www.sohothailand.com, email: [email protected]


Raimon Land to auction one-of-a-kind penthouses in Bangkok and Pattaya

The Northshore penthouse comes with its own lap pool.

When it comes to condominiums, there is nothing better than luxurious amenities, high ceilings, commanding views of the surrounding areas, and most importantly expansive spaces.

On April 2, publicly listed developer Raimon Land will auction two of its lavish penthouses; the penthouse of The Legend Saladaeng and Northshore penthouse in Pattaya.

The penthouse of The Legend Saladaeng is a 421sqm urban oasis in the heart of Bangkok, between lively Silom Road and the Sathorn business district. It is within walking distance of the BTS/MRTA. Perched on top of this exclusive development, the last remaining penthouse offers discriminating buyers the ultimate city living lifestyle.

Located on Soi 5 off Pattaya’s Beach Road, Northshore has been widely credited with setting new standards in luxury on the Eastern Seaboard. Sitting on the 28th floor, the penthouse comes with its own private access, lap pool, outdoor patio, mezzanine, and walk around balcony. With 954sqm of overall area, the generous living spaces offer unrivalled ocean views of Pattaya Bay.

The two unique penthouses are available for discerning buyers at www.penthouselover. com. Raimon Land advises interested parties to place their bids before 5pm. April 2.


King Power has rights to sue AoT, says transport minister

Thailand’s Transport Minister, Admiral Thira Haocharoen, has admitted that King Power International Group is within its rights to file a lawsuit against Airports of Thailand PLC for its decision to terminate contracts that allow the company to run duty free shops and commercial areas in Bangkok’s new Suvarnabhumi airport.

The AoT board last Thursday resolved to scrap the contracts with King Power, saying it must follow the Council of State ruling on March 19, that the agreements the company made with AoT are considered void due to the failure to comply with the Public-Private Joint Venture Act.

Admiral Thira said he had acknowledged the AoT’s board resolution and wanted to assert that its decision was made in accordance with the law and without an intention to bully any party.

However, he acknowledged that King Power had the rights to challenge the decision by suing AoT if it believes the decision is unfair.

The transport minister said he was not worried about any possible lawsuit as the Council of State clearly stated the contracts are considered nullified.

Thira made no comment on the selection of a new operator for the duty free shops and commercial areas at Suvarnabhumi Airport other than to say it was up to the AoT management to decide.

However he said he has instructed AoT’s executives to strictly adhere to the law for the concession granting process, and indicated that King Power could still reapply.

A source said King Power executives were awaiting formal written notification by AoT of the termination of the contracts before taking any further legal action.

King Power management affirmed that the company made the contracts with AoT in accordance with all legal procedures. They said the company had clear evidence from the previous AoT board that the deals need not be approved under the Public-Private Joint Venture Act.

King Power was authorised by AoT to run the two, billion baht airport projects for 10 years. Its commercial contracts were leased to food outlets and other retailers. (TNA)