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Member News provides news about AustCham member achievements and announcements
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  • Monday, November 18, 2019 15:10 | Anonymous member (Administrator)





    Sale of Intercontinental Samui Baan Taling Ngam Resort recognized as transaction of the year at HICAP 2019


    JLL Hotels & Hospitality has recently received the Transaction of the Year Award for the sale of the Intercontinental Samui Baan Taling Ngam Resort in Koh Samui at the Hotel Investment Conference Asia Pacific (HICAP) in Hong Kong.

    In 2018, the Intercontinental Samui Baan Taling Ngam Resort resort was sold with the benefit of management from InterContinental Hotels Group. The purchaser was a Thai high net worth family, marking their first acquisition in the hotels industry. The resort, considered one of the first luxury hotels on Samui, achieved the highest price for a hotel traded outside of Bangkok. JLL Hotels & Hospitality advised in the transaction on behalf of the seller, Serenity Asset Company Limited.

    “It’s a real honour to be recognised for the great work our team has done,” says Mike Batchelor, CEO, JLL Hotels & Hospitality Asia Pacific. “This underscores our commitment to putting our clients first and the importance of adding enduring value to their investments, particularly at a time when they’re faced with geopolitical uncertainty and increasing pressure to deploy capital.”

    For 30 years, HICAP has been the unequaled annual gathering place for Asia-Pacific’s hotel investment community, attracting the most influential owners, developers, lenders, executives, and professional advisors from around the globe.

    JLL’s global hotels and hospitality advisory team spans 350 specialists in 23 countries.


  • Wednesday, November 13, 2019 09:30 | Anonymous member (Administrator)





    Banyan Tree Holdings Founder and Executive Chairman Mr Ho Kwon Ping

    Conferred Prestigious HICAP Lifetime Achievement Award

    Founder and Executive Chairman of Banyan Tree Holdings and Laguna Resorts and Hotels, and Executive Chairman of Thai Wah Public Company, Mr Ho Kwon Ping was conferred the prestigious HICAP Lifetime Achievement Award at the recent 30th annual Hotel Investment Conference Asia Pacific (HICAP) held in Hong Kong. In the conference’s 30-year establishment history, this exclusive award had only been awarded 10 times prior to this. As the 2019’s winner and unique in his own right, Mr Ho is the only recipient of both HICAP’s Innovation Award (2003) and Lifetime Achievement Award (2019).

    The HICAP Lifetime Achievement Award honours exceptional individuals who have distinguished themselves through their accomplishments and contributions to expanding, enhancing and advancing the hotel industry in the Asia Pacific region and the world. Adding to its special nature, the Award is not given out every year in view of its stringent selection.

    “I thank HICAP for this award and particularly for honouring me as the only recipient who has won both the Innovation Award and the Lifetime Achievement Award.  These awards show that relatively small, independent players in a global hospitality space can remain innovative and relevant if its people remain passionate and purposeful, which are amongst Banyan Tree’s core values,” said Mr Ho Kwon Ping.

    “This award coming coincidentally on Banyan Tree Group’s 25th anniversary is especially meaningful. It has indeed been a lifetime of large and small achievements – and fortunately, fewer disappointments – for many of us at Banyan Tree who have spent the better part of our adult lives building the company, the brand and its values. This year is an inflection point for us to reflect on what brought us to now, and what we need to steer the journey forward. For me personally, this award is a kind encouragement by my peers to continue to mentor, guide and inspire the next generation of hospitality leaders.”

    Mr Ho’s accomplishments span beyond his professional endeavours in the hospitality industry. He is the founding and current Chairman of the Board of Trustees of Singapore Management University, Chairman of The Singapore Summit and Board Director of Diageo, the UK-listed spirits company. Educated in Tunghai University, Taiwan; Stanford University, California and University of Singapore, he was the Economics Editor of Far Eastern Economic Review in Hong Kong before joining the Thai Wah family business and then starting his own companies.

    Among various awards, Mr. Ho has received the London Business School Entrepreneurship Award; CEO of the Year at the Singapore Corporate Awards; CNBC Travel Business Leader Award; Distinguished Alumnus Award from the National University of Singapore; and Lifetime Achievement Awards from the American Creativity Association, China Hotel Investment Summit and Australia Hotel Investment Summit.

    For his services to the country, he has been decorated with the Meritorious Service Medal and the Distinguished Service Order by the Singapore Government. Mr. Ho has also been conferred honorary doctorates by Johnson & Wales University and from Hong Kong Poly University.

    He is the author of two books: “Asking Why” reflects his journey in journalism and entrepreneurship over a period of forty years, and includes articles commissioned by The Straits Times; while “The Ocean in a Drop: Singapore in the next Fifty Years” is a compilation of public lectures he gave as the Inaugural Fellow of the SR Nathan Lecture Series, named after the Sixth President of Singapore.

    Mr. Ho is married to Claire Chiang, Senior Vice President, Banyan Tree Holdings. They have three children – two sons and a daughter and three grandchildren.


  • Wednesday, November 06, 2019 11:23 | Anonymous member (Administrator)



    Doing Business in Thailand 2019

    For over 40 years, the team at Baker McKenzie, Bangkok has assisted foreign individuals and international companies who are seeking investment opportunities in Thailand.

    Doing Business in Thailand is your personal guide to the key aspects of Thai law that significantly affect the way business is conducted in Thailand.

    This edition covers a wide array of topics, including regulations and incentives regarding foreign investment, forms of business organizations available to foreign investors, and other regulations investors should be familiar with when planning a business venture in Thailand.

    This guidebook features:

    • Thailand: An overview
    • The legal system
    • Foreign investment
    • Investment incentives
    • Forms of business organization
    • Data privacy
    • Dispute resolution
    • Financial services and fintech 
    • Healthcare
    • Importing, exporting, and trade remedies
    • Insurance and insurtech
    • Intellectual property 
    • Labor laws
    • Product liability
    • Real estate, hotel, resort and property development
    • Securities law and regulations 
    • Taking security and enforcement in Thailand
    • Taxation
    • Technology 
    • Trade competition law

    For more information, please contact our Bangkok office.




  • Friday, November 01, 2019 14:13 | Anonymous member (Administrator)




    Invitation to Press Conference of 66 Tower - The Living Workplace Solution by MTL on Tue 5 Nov 2019 

    CBRE Thailand is pleased to invite you to a press conference of 66 Tower – The Living Workplace Solution by MTL on Tuesday 5 November 2019 at  Auditorium, 5th Floor, Muang Thai Life Assurance Building 1.

    Speakers:       Khun Sara Lamsam, CEO, Muang Thai Life Assurance PCL

                            Khun Nithipat Tongpun, Executive Director and Head of Business Development, CBRE Thailand

    Kindly confirm your attendance to join the press conference and lunch by replying e-mail to me or call 02 119 1523 / 086 663 2185.

    Parking available at Building 2 and near the company as in the attached map.

    Agenda:

    10.00 hrs.         Registration

    10.30 hrs.         Press Conference Commencement

    10.45 hrs.         Photo Session

    12.00 hrs.         Lunch

  • Friday, November 01, 2019 10:01 | Anonymous member (Administrator)



    Novotel Phuket Phokeethra have purchased AEDs (Automated External Defibrillators) for the prevention of emergencies

     

    Novotel Phuket Phokeethra gives great importance to the comfort and safety of guests, the resort has purchased several AEDs for use around the property. These are to ensure the prevention of emergencies and allow resort staff and other guests to save lives instantly.

    An AED, also known as an automated external defibrillator, is a portable electronic device that can help those experiencing sudden cardiac arrest. The system itself is sophisticated, however it is easy-to-use and can be employed by anyone who is in the vicinity rather than just medical professionals.

    For further information, please contact 076 397 777 Email : H9932@accor.com   

    For more information visit https://bit.ly/35FHKmr          


  • Friday, November 01, 2019 09:50 | Anonymous member (Administrator)




    Angsana Laguna Phuket unveils the 1,500-sq.m Angsana Convention and Exhibition Space (ACES)

    The multi-purpose space has a highly configurable layout and is fully equipped with the latest light and sound equipment

    Majestic in its scale and dynamic in its décor, the Angsana Convention and Exhibition Space (ACES) located at the Angsana Laguna Phuket resort complex, is now Phuket’s go-to venue for hosting meeting and events of all requirements and size, creating experiences that will leave a lasting impression.

    At 1,500-sqm, the spacious, world-class event hall can be easily configured into layouts suitable for any requirement from MICE business conferences and brand product launches, to weddings and grand gala dinner events. Lighting and sound themes are custom designed for each event to create a bespoke, professional and sophisticated ambience for business events or a more lively, upbeat atmosphere for fashion events, product launches, exhibitions or even dance parties.

    Furthermore, our team of Certified Meeting Professional (CMP) and Certified Incentive Specialists (CIS) are on-hand to assist you from start to finish, helping you create and curate the event you envisioned.

    For theatre-style seating, ACES can accommodate up to 1,500 guests and would make a spectacular space for a multi-national business conference or a MICE seminar. For training events, ACES can comfortably sit 850 guests in Classroom setting, while for other kinds of business events, our U-shape and boardroom-style seating can both fit 225 guests in, with room to spare for light, sound and staging.

    Meanwhile, for social affairs and gatherings, Angsana Convention and Exhibition Space can hold up to 800 guests in round-table seating, ideal for a romantic wedding reception or a glitzy dinner gala. Finally, for sophisticated cocktail receptions, ACES can host up to 1,500 guests, standing.

    Catering is also provided for all types of events, including themed coffee breaks and banquet fine dining. Our creative F&B set-ups are designed to delight guests, and meeting and event planners have the added advantage of personalising menus with any one of Angsana Laguna Phuket’s six restaurants and bars, covering local and international cuisines.

    Combining all the necessary components crucial for a front-runner in the meetings and events industry, the Angsana Convention and Exhibition Space (ACES) at Angsana Laguna Phuket is guaranteed to make a memorable backdrop for events to engage, inspire and remember.

    Angsana Laguna Phuket was recently recognised by the Thailand Convention and Exhibition Bureau (TCEB) for meeting the Thailand MICE Venue Standard Designation (TMVS) and ASEAN MICE Venue Standards certifications to host international-standard MICE events, offering a wide range of seating styles for delegates.


  • Wednesday, October 30, 2019 14:36 | Anonymous member (Administrator)




    dwp wins gold at the WIN Awards 2019

    The results are out for the World Interiors News Awards and we are very proud to announce that we won 2 Awards. We achieved a Gold Award within the Workspace Interiors category for our design of Glowfish Offices and we achieved a Bronze Award within the Healthcare and Wellbeing category for our design of the Thonburi-bamrungmuang Hospital. With entrants from across the globe it's an honor to have our work celebrated on a world-class stage. Congratulations to all the winners. 

  • Tuesday, October 29, 2019 10:28 | Anonymous member (Administrator)



    THE BOUTIQUE TEAM PLANTS YELLOW STAR TREES FOR THE COMMUNITY

    At Boutique Corporation Public Company Limited (Boutique), we place great importance on the environment and corporate social responsibility (CSR). On 17th September 2019, the Company planted 17 Yellow Star trees, 5 planted at Benchasiri Park and the remaining 12 planted at Benchakitti Park. These Yellow Star trees are the first of its kind to be planted at both parks and Boutique is proud to be the first company to plant these trees which is the signature plant in honour of His Majesty the King Rama X.

    In celebration of his Majesty King Maha Vajiralongkorn Bodindradebayavarangkun Ascension to the Throne, Boutique is one of a few companies to be involved in the government’s tree planting project with the aim to plant 100,000 trees. Aside from increasing the overall green areas in the city and reducing air pollution, the Yellow Star plant itself has many benefits including a fresh and fragrant smell, that helps to stimulate the nervous system, reduces stress and improve sleep. 

    Mr. Prabsharan Singh Thakral, President and Group CEO of Boutique Corporation Public Company Limited with the management team and employees along with Khun Arom Wongmaha, Director of the Public Parks Office, Khun Todsawan Kumwajanung, Diretor of Public Parks Region 1 and Khun Nonthaya Nuchanarod, Head of Benchasiri and Benchakitti Park were involved in the planning ceremony.

    Once the ceremony concluded, Khun Arom Wongmaha formally expressed gratitude to Mr. Prabsharan Singha Thakral and Boutique Corporation Public Company for helping to add more trees to Benchakitti and Benchasiri park. In exchange, Boutique was given the King of Ornamental plant - Aglaonema Banlangthong. This plant serves as good fortune for those who plant it in remembrance of the Company’s generosity and care towards the environment and Corporate Social Responsibility (CSR) at Benchakitti and Benchasiri Park.

    For more information about Boutique Corporation visit www.boutiquecorporation.com


  • Monday, October 28, 2019 15:54 | Anonymous member (Administrator)




    JLL launches residential project from Frankfurt in Thailand for the first time


    The firm is targeting high-net-worth Thais looking for long-term investment opportunities in one of the world’s safe heavens

    JLL is introducing Eden, one of Frankfurt’s iconic condominium development projects, to prospective buyers in Thailand. The development marks the first residential project from Germany’s finance hub that JLL has marketed in Thailand.

    “Generally, most Thais looking for opportunities to invest in overseas residential property show exceptional interest in the UK, the US and Japan that they may be more familiar with, says Ms. Napapat Wanitcharat, Director of International Residential at JLL. “The launch of Eden in Thailand will unveil to Thai investors the strong investment potential of Frankfurt’s residential market, another major safe heaven for overseas investors,” she continues.

    Frankfurt’s residential market

    According to data from JLL, Frankfurt’s residential prices have been on the rise for more than a decade and are likely to grow further as the city’s residential market has remained undersupplied. With about 736,000 residents, Frankfurt has a housing shortage of about 50,000 units and a very tight residential vacancy rate of 1.5%.

    “Buyers in Frankfurt’s residential market comprise both locals and foreigners who have purchased units for own use or as an investment. Studios and one-bedroom units are most popular among investors as the two unit types typically enjoy the healthiest rental demand in the vicinity of Frankfurt’s business districts,” says Ms. Napapat.

    Eden

    Eden is one of the most talked-about condominium development projects in Frankfurt, due to its exceptional location in the heart of the city, amenities, and spectacular architectural design. The project has been developed by Immobel, one of the fastest growing property development firms in Europe. Eden is marking the firm’s first footprint in Germany, the region’s largest and most stable economy that accounts for 20% GDP of the EU.

    Upon completion in 2021, the project will feature a 27-storey tower with 263 residential units sized from 30 sq.m to 194 sq.m and priced between 358,200 € (THB 12 million) and 3,134,700 € (THB 105.3 million).

    “Investors purchasing a unit Eden and put it up for rent can expect investment yields ranging between 3%-4% per annum. However, most buyers put a greater focus on a potential capital gain on the long term as residential prices in Frankfurt are likely to rise further due limited supply,” she adds.

    “With the current uncertainties in the world, coupled with more challenging conditions in Bangkok’s condominium market and stronger Baht, we expect Eden to be well received by Thai investors who are looking for new opportunities in less volatile markets such as Frankfurt, Germany’s financial hub and Europe’s most important financial center,” says Ms Napapat


  • Thursday, October 24, 2019 09:33 | Anonymous member (Administrator)





    The annual Vegetarian Festival Parade in Phuket saw both locals and tourists participating in an evening of fun-filled rituals. 

    This year, the popular annual Vegetarian Festival Parade was held on September 30th 2019 between the hours of 4.00pm and 7.00pm.

    The Vegetarian Festival Parade, began at the Dragon Yard with an opening ceremony that honoured Ittipol Khunpluem, the Minister of Culture, and Pakpong Thawiphat, the Governor of Phuket. The parade then concluded at the end of Saphan Hin and saw a traditional lion dance and an exciting fireworks display.

    Several of Accor’s properties in the South of Thailand took part in the Vegetarian Festival Parade, including Novotel Phuket Phokeethra and ibis Styles Phuket City, which were both offering the unique experience of Vegetarian Festival.

    For further information, please contact 076 397 777 Email : H9932@accor.com   

    For more information visit https://bit.ly/2MMf4zM


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Australian-Thai Chamber of Commerce

20 Floor, Unit 203, Thai CC Tower
43 South Sathorn Road   ·   Bangkok Thailand 10120

Tel: +66 2 210 0216   ·   Fax: +66 2 675 6696   ·   office@austchamthailand.com

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