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Member News provides news about AustCham member achievements and announcements
  • Thursday, March 08, 2018 15:28 | Anonymous member (Administrator)




    Welcome Top 5 Miss Universe




    Joon Kwan Park, left, Hotel Manager of Royal Orchid Sheraton Hotel & Towers, recently welcome and present bouquet to Maria Poonlertlarp, right, Miss Universe Thailand 2017, in occasion of visiting and wedding magazine photo shooting at Giorgio’s Italian Cuisine restaurant of the hotel.

    Photo shown from left

    1. Mr. Joon Kwan Park, Hotel Manager of Royal Orchid Sheraton Hotel & Towers
    2. Miss Maria Poonlertlarp, Miss Universe Thailand 2017


  • Thursday, March 08, 2018 14:35 | Anonymous member (Administrator)



    Growth And Change In 2018 Bangkok Property Market



    CBRE, the leading international real estate advisor, reports that the new year has started with a mood of optimism for the Thai economy lifted by an upbeat global outlook. Developers are competing fiercely for prime development sites, driving up prices to record levels and both condominium prices and office rents are at record highs. E-commerce and changes in consumer behaviour are shaping the retail and modern logistic property sectors.

    Exports and Tourism: Main Contribution to Thai Economy

    The Thai economy is picking up with growth in exports and tourism. Thailand finished 2017 with 3.9% Y-o-Y gross domestic product (GDP) growth, resulting from a significant increase of 9.9% in exports to all major markets.

    The tourism sector, accounting for 20% of the country’s GDP, saw a record 35.4 million arrivals, an increase of 8.6% Y-o-Y in 2017 with further growth predicted for 2018. 

    Local Developers Form Joint Ventures with Foreign Partners

    Thai banks are being conservative about new project lending to developers and so Thai developers are seeking funding from foreign partners. The number of joint venture projects in Bangkok have grown exponentially from only 4 projects in 2013 to 52 projects in 2017. Most joint ventures to date have been with Japanese investors on a project-by-project basis for condominiums.

    CBRE Thailand is now also seeing investors from other countries such as Singapore, Hong Kong and China. Although earlier joint ventures started with condominium development, CBRE expects new investment in both condominium and income producing properties such as office.

    The proportion of foreign buyer to Thai buyer rose slightly to from last year to 25% of total CBRE’s transactions. CBRE expects foreign buyers to continue to buy Thai residential property both luxury products and below THB 10 million segment as CBRE has witnessed developers put greater efforts to market their projects offshore.

    Demand Continues for Prime Sites

    “Demand for prime sites has remained strong with developers continuing to acquire sites both for condominium and rental income producing office, hotel and retail developments,” reported Ms. Aliwassa Pathnadabutr, Managing Director of CBRE Thailand.

    Land prices in the Bangkok’s central business district (CBD) will continue to increase in the most prime locations near mass transit stations. Prime sites have in some cases increased by 25-30% Y-o-Y in 2017.

    CBRE Research has already seen the biggest land sale in Thai history with the acquisition of the British Embassy site by the Central Pattana (CPN) / Hongkong Land Joint Venture at GBP 420 million and a record price paid of THB 3.1 million per square wah for an 880 square wah development site on Soi Langsuan by SC Asset.

    Developers are starting to diversify with residential condominium developers looking at moving into income producing office, retail and hotel properties.

    The scarcity of prime, CBD freehold sites will drive prices up.

    Steady Demand for Offices but Tenants Start to Look at Alternative Workplace Solutions

    Mr. Nithipat Tongpun, Head of Advisory and Transaction Services – Office, CBRE Thailand expects steady Bangkok office demand of 200,000 square metres per year for the next few years. However, he does not expect a sudden jump in demand, so new supply of less than 200,000 square metres in 2018 will mean that vacancy will remain low and rents will continue to rise, but at slower rate. The vacancy rate is 7.8% and falling and rents rose by between 4-5% for all grades in all locations.

    “As rents rise, office tenants will seek to reduce occupation costs by applying workplace strategies so they can put more people in less space,” said Mr. Nithipat.

    Rising rents and changes in international accounting rules where leases now have to be accounted for on the balance sheet and the desire not to pay for the capital cost of fit out and have no long-term commitments will lead some multinationals to choose renting by the desk in co-working space, rather than leasing and fitting out traditional offices.

    Four international co-working space operators will open their first locations with a combined area of about 18,000 square metres in office buildings in Bangkok’s CBD this year. CBRE expects they will continue to expand.

    Retail Landlords to Create New Experiences

    CBRE Research anticipates that the contest between “bricks versus clicks”, with the disruptive effect of e-commerce on traditional retail formats, will start to be felt in Thailand in 2018.

    CBRE predicts that the vacancy rate of 5% will fall as renovations are completed on existing shopping centres. New supply will be about 300,000 square metres in 2018, compared to 100,000 square metres in 2017, increasing competition among retail centres to attract customers.

    Retailers will also become omni-channel with a mixture of online and offline sales which could mean they need less space.

    Retailers and retail landlords will have to adapt by not only creating unique experiences but also providing convenience that cannot be replicated online.

    E-commerce Drives Demand for Modern Logistics

    The growth in e-commerce will lead to increased demand for all forms of modern logistics properties (MLPs), according to CBRE Thailand. As of Q4 2017, the overall occupancy rate of MLPs stood at 79.2%, improving from 78.6% in the previous quarter.

    The value of global e-commerce market has accelerated every year. For every USD 1 billion of e-commerce sales in the U.S., 100,000 square metres of additional logistics space is needed, according to CBRE’s Industrial Property Research. Thailand’s e-commerce value in 2017 was estimated at USD 2.84 billion or accounted for about 1% of total retail sales.

    CBRE predicts that increases in e-commerce sales in Thailand will have a similar proportionate effect on the demand for MLPs.

    Opportunities and Risks in 2018

        



  • Thursday, March 08, 2018 14:29 | Anonymous member (Administrator)




    ASEAN-Australia Special Summit 2018 Australian-Thai International Friendly Football Match




    Thailand’s women’s under-19s football team (known as Chaba Kaew U19) will be ASEAN’s representative in a match against Australian under-20s women’s national football team, the Young Matildas, on 16 March in Sydney ahead of the ASEAN-Australia Special Summit. 

    Chaba Kaew U19 will travel to Australia this coming Saturday 10 March as part of the ASEAN-Australia Young Women Football Exchange Program (AAYFE), a partnership between the Australian Government and Football Federation of Australia (FFA).  The AAYFE program aims to deepen participants’ understanding about ASEAN countries and Australia’s bilateral relationship with the region through sport. Shortly after arriving in Australia, Chaba Kaew U19 will join the Young Matildas for a week-long training camp.  They will test their newly honed skills at the end of the camp with the match.

    The Chaba Kaew U19 team were selected by FFA following a rigorous selection process. To congratulate them on their success, Australian Ambassador to Thailand, H.E. Mr Paul Robilliard hosted a reception at his residence in the evening of 6 March for the team and senior Thai officials.

    “This program is a great opportunity for both young Australians and Thais to showcase their sporting skills and enhance our bilateral relationship through sports.  In this week, when we mark the International Women’s Day, we also recognise the role sports play, and in particularly the AAYFE program, to empower woman” the Ambassador said.

    The ASEAN-Australia Special Summit to be held in Sydney on 17-18 March will provide an unprecedented opportunity for Australia’s and ASEAN leaders to discuss how our nations can continue to make our region safe and more prosperous. The Special Summit will strengthen our joint contribution in regional security and prosperity, including by addressing shared security challenges and unlocking greater opportunities for our businesses.

    The match between Australia’s Young Matildas and Thailand’s Chaba Kaew U19 will kick off at 12:30pm (AEST) on Friday, 16 March at Sydney’s Leichhardt Oval.


  • Wednesday, February 28, 2018 16:13 | Anonymous member (Administrator)




    KIS International School Wins Ultimaker Education Challenge APAC 2017!




    Left to right: Sally Holloway, KIS Head of School , Michael Hirsch, Secondary School Principal, Philip Toews, MYP Design Teacher, Mr. Vorawat Vadhanakovint, managing director of Septillion, Mrs. Kantaya Vadhanakovint, general manager of Septillion


    Bangkok - Ultimaker together with Septillion company, leading 3D printing companies, recently recognised KIS International School as winner of the “Ultimaker Education Challenge APAC 2017”. The prize for KIS was an Ultimaker 3D printer with accessories and an invitation to join the Ultimaker Pioneer Program from the United States.

    “I was very honoured when I received the news that my “Board Game Pieces” lesson won the ‘Ultimaker Education Challenge APAC 2017’. I firmly believe that my lesson will open up an exciting opportunity to students in the school and I am thrilled to be given this wonderful opportunity by Ultimaker and Septillion. I will definitely be able to use the excellent features of the Ultimaker 3 3D printer to bring out the creativity and skills of our students ”, Philip Toews, the representative of KIS school and the winner of the challenge said.

    Ultimaker supports creative and innovative educators who boldly pioneer new technology in the classroom and curate their inspiring lesson plans to share with other teachers using the Ultimaker Pioneer Program - Ultimaker’s own education platform. CEO Jos Burger explains: “We find it important to set the engineers, artists and designers of the future on the right path, and to support their learning along the way. We wish KIS International School the best of luck with their new Ultimaker 3D printer, which is a perfect accompaniment to developing key skills in science, technology, engineering, art and math (STEAM).”

    KIS International School places importance on innovation and the use of advanced technology in the classroom, allowing students to express their creativity and solve problems in inspirational ways.

    www.kis.ac.th


  • Friday, February 23, 2018 09:10 | Anonymous member (Administrator)



    The St. Regis Bangkok Named Five-Star Hotel By Forbes Travel Guide in its Official 2018 Star Rating Announcement


    Forbes Travel Guide today unveiled its annual Star Rating list, naming The St. Regis Bangkok as a new Forbes Travel Guide Five-Star Hotel. The St. Regis Bangkok will be showcased with all of the Star Rating recipients on ForbesTravelGuide.com.

    With a prestigious location on Rajadamri Road, The St. Regis Bangkok is situated in the heart of the city’s key commercial corridor, walking distance from international corporate offices, magnificent high-end shopping malls and Lumpini Park. With refined elegance, understated luxury and unrivalled service, the hotel is directly adjoined to the BTS Skytrain station ‘Ratchadamri’, to navigate the bustling metropolis with convenience and ease. Offering 229 guest rooms, suites and residential units, with the renowned St. Regis Butler Service, unparalleled personal attention is paid to every guest at any hour. Epicurean experiences abound at The St. Regis Bangkok, with a wide range of luxury dining venues and bars. Exquisite design, commanding views, meticulous diligence to detail and uncompromising St. Regis standards of excellence ensure an exceptional stay at this most exclusive address in Bangkok, just 45 minutes from Suvarnabhumi International Airport.

    “It fills me with pride and I am absolutely thrilled that the passion and continuous focus on improving our services and product, by the entire team of The St. Regis Bangkok, has been

    recognized by the prestigious Forbes Travel Guide Five-Star Award for 2018,” commented Klaus Christandl, General Manager, The St. Regis Bangkok.

    The St. Regis Bangkok is the latest addition to the luxury travel ratings that have been the gold standard in the hospitality industry since 1958. 

    “We are pleased to honor the 2018 Star Rating recipients, an exceptional collection of hotels, restaurants and spas that demonstrates a strong culture of service,” said Gerard J. Inzerillo, Chief Executive Officer of Forbes Travel Guide.

    “In an online environment of confusion and clutter, Forbes Travel Guide is the most trusted source of information to assist guests in making informed decisions,” Inzerillo said. “These properties, the largest and most global group in the company’s history, achieve an impeccable standard of excellence in hospitality, underscoring our overall mission of positively contributing to the international tourism industry as well as individual hotel experience. We are proud to congratulate everyone associated with the prestigious properties recognized today.”


  • Friday, February 23, 2018 08:27 | Anonymous member (Administrator)





    We are pleased to announce the appointment of Mr. Thomas Christiansen as a General Manager at Bangkok Marriott Hotel Sukhumvit and Marriott Executive Apartments Bangkok, Sukhumvit Thonglor from 1 February 2018 onwards.

    Originating from Denmark, Mr. Thomas started his career in Front Office team at Sequoia Lodge in France. After developing his path, he moved to Asia in 1997. He continued his success in various roles in Room Operations, EAM and General Manager. He had an experience in both resort and city hotels in China, Hong Kong, Phuket, Pattaya, Bangkok and Cambodia.

    Mr. Thomas began his journey with Marriott International in 2002, where he was in the role of Director of Front Office Operations at Marriott Grand Hotel Moscow. After that, he was in the position of Resident Manager and Hotel Manager at Pattaya Marriott Resort and Spa, Bangkok Marriott Resort and Spa and JW Marriott Phuket Resort and Spa. In 2009, Mr. Thomas started his first General Manager at Grand Millennium Sukhimvit Bangkok and his most recent position was Area General Manager of Raffles Hotel Le Royal and Raffles Grand Hotel d’Angkor in Cambodia.

    It is a pleasure to welcome Mr. Thomas back to Marriott and we are certain that he will be successful in this new role at Bangkok Marriott Hotel Sukhumvit and Marriott Executive Apartments Bangkok, Sukhumvit Thonglor.


  • Wednesday, February 21, 2018 08:25 | Anonymous member (Administrator)




    Ata Services can take care of

    • Electrical installation, telephone installation, Lan cables, Wifi, CCTV camara.

    All decoration with walls & partitions, furniture.

    Possibility to include all into a monthly renting cost.

    • Maintenance Services

    Air conditioner, electricity, Telephone system, IT.

    • Cleaning services

    Our maids will assure the cleaning services to your office follow-in

    Meeting room

    If your meeting rooms are not available, you have the possibility to rent our meeting room at 500 B/h including drinking services.

    Feel free to contact us and we can organize a meeting in one of our business centers or at AustCham office or on skype.

    Please visit our website www.ata-officerental.com

    For more information please contact +66 (0) 27 44 31 80-1 and +66 (0) 21 68 49 00-9, or email us at info@ata-services.com


  • Friday, February 16, 2018 10:17 | Anonymous member (Administrator)



    Thailand’s ranking improved to 70th in the 2018 Global Talent Competitiveness Index (GTCI) and beats the USA for Gender Equality.

    The Adecco Group, INSEAD and Tata Communications reveals the 2018 Global Talent Competitiveness Index (GTCI), an annual benchmarking tool ranking countries and major cities on their ability to develop, attract and retain talent.

    From 119 countries across the globe, Switzerland remains at the top of the GTCI, followed by Singapore and the United States. Thailand moves from 73rd to 70th, beating neighboring countries such as Vietnam, Laos and Cambodia but still far behind Malaysia and other regional peers.

    READ MORE


  • Thursday, February 15, 2018 11:27 | Anonymous member (Administrator)



    Anca upgrades CNC production


    Anca Manufacturing Thailand, a subsidiary of Melbourne-based Anca Group, has expanded and upgraded its production facility to serve high numbers of purchase orders in the country. 

    The world’s leading maker of computerised numeric controls (CNC) plans to almost double its production capacity to 85 CNC units per month from 45 units now. 

    The company has allocated 800 million baht to expand production capacity and it has also relocated the plant from Hemaraj Eastern Seaboard Industrial Estate to Amata City Industrial Estate in Rayong. 

    Yanisa Ninlawong, general manager of the local unit, said the new plant is expected to open in August and this facility will be the second-largest Anca production site in Asia-Pacific...

    Read more here


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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