Connect with us

Business

Phuket Business: Andaman motor show drives sales; Limited companies spike

Legacy Phuket Gazette

Published 

 on 

Phuket Business: Andaman motor show drives sales; Limited companies spike | The Thaiger
  • follow us in feedly

PHUKET: THE 14th Andaman Motor Show, organized last week at HomeWorks, opposite Central Festival Phuket, concluded with one of its most vibrant years in car sales.

The six-day event, this year under the theme “Summer on the Beach”, ended on Wednesday.

“We don’t have final figures for the overall number of car loan applications yet, but I have to admit that we are making better sales this year than the first two years we attended,” said Phichet Siripreuttikun, Kiatnakin Bank’s New Car Loan Marketing Manager for all of Thailand.

“By the nature of this kind of event, people usually make their decision whether or not to buy a car on the second-last day or on the final day of the show,” he added.

The trend for the car buyers this year is favoring pickup trucks and eco-friendly cars, said Mr Phichet.

“Pickups have became more popular since the flooding in Central Thailand, but this year is another good year for the eco-car market,” he added.

“We have approved more loans for people in Phuket compared with all other provinces in Southern Thailand,” Mr Phichet explained.

Kritchapanat Patwarasit, Marketing and Managing Director of event organizer ND Productions, pointed out there are vehicles from eight major Phuket dealerships on display at the show: namely Toyota, Isuzu, Volvo, Mazda, Chevrolet, Nissan, Ford, Mitsubishi, among others.

“Besides the wide range of vehicles from all the top dealerships, people who want to buy a car can expect special promotions that are difficult to resist,” he added.

Phuket resident Sumed Sutthikul, 42, agreed.

“I want to buy a pickup truck and I came to this event because I know I can expect tempting deals here – and I have found some great deals, even better than what they are offering at the showrooms,” said Mr Sumed.

“I will have to discuss this with my family and make a decision before the show closes,” he added.

Not all visitors were seeking a new car as the complimentary entertainment provided a major attraction in itself.

Popular Thai singer Kanitkul “Praw” Nestbud performed a mini-concert to a large crowd on Sunday, while the Andaman Junior Talent Contest on Saturday drew families from across the island.

And what Thai car show would be complete without sexy girl beauty competitions?

Mr Kritchapanat said: “Motor shows are all about special cars, tempting promotions and beautiful ladies. . .”

Every night of the event featured coyote dancers, with its finale: ‘Sexy Wash, featuring Ananya ‘Baifern’ Mongkolthai, runner-up of The Look Supermodel 2011 beauty pageant and the Final 20 contestant of the Miss Maxim 2011 contest, among other famous models.

Limited companies spike

Island officials have registered a decline in business dissolutions coupled with a rise in new limited liability companies (Co Ltd).

Figures from the Department of Business Development (DBD) show that only 16 company dissolutions were filed in the province in February, 2012, a 46.6% drop from the previous month (30).

Compared to 31 dissolutions in February 2011, the year-on-year (y-o-y) decrease equates to 48.3%.

Meanwhile, Phuket’s DBD office last month processed registrations for 157 new companies, including 141 Co Ltd and 16 limited partnership (LP) entities.

Although exactly the same number of new company registrations were reported in February 2011, Co Ltd registrations this February rose by 10.1% y-o-y (from 128) while lp registrations dropped by 44.8% (from 29) over the same period.

Month-on-month (m-o-m), registrations for new Co Ltd in Phuket jumped 21.5% from 116, while the number of new LP dropped 23.8% from 21 filed in January 2011.

The total number of dissolutions on the island decreased by 46.6% m-o-m, with failed Co Ltd ventures dropping by 60% down to only 10 from 25 the previous month.

A stabilizing economy is also apparent on the national scale, with all of last month’s new companies having combined worth of 30bn baht.

Speaking recently at a press conference in Nonthaburi, Deputy Minister of Commerce Siriwat Kajornprasart outlined national business registration trends in February, 2012.

He highlighted that 5,747 new companies were registered across Thailand, with 2,100 of these made in Bangkok and 3,647 in the provinces.

Registered capital of all the new companies have a combined worth of 29.7bn baht, while dissolved companies were valued at about 3.6bn baht.

All in, there are a total of 501,749 businesses registered nationwide, including Co Ltd, LP, and ordinary partnership entities.

In addition to 920 Public Companies, the total number of registered businesses in Thailand is now 502,669.

Of these, 17,846 are in Phuket, which comprises 13,745 Co Ltd, 4,078 LP and 23 ordinary partnerships.

A DBD registrar has confirmed with the Phuket Gazette that there are currently no public companies registered in Phuket.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Business

Governments & old media versus social media – who will win? | VIDEO

The Thaiger

Published

on

Governments & old media versus social media – who will win? | VIDEO | The Thaiger

We look at the recent changes made by the Australian and Indian governments to except control over the world’s biggest social media platforms. India has issued strict new rules for Facebook, Twitter and other social media platforms just weeks after the Indian government attempted to pressure Twitter to take down social media accounts it deemed, well, anti social. There is now an open battle between the rise of social media platforms and the governments and ‘old’ media that have been able to maintain a certain level of control over the ‘message’ for the last century. Who will win?

The rules require any social media company to create three roles within India… a “compliance officer” who ensures they follow local laws; a “grievance officer” who addresses complaints from Indian social media users; and a “contact person” who can actually be contacted by lawyers and other aggrieved Indian parties… 24/7.

The democratisation of the news model, with social media as its catalyst, will continue to baffle traditional media and governments who used to enjoy a level of control over what stories get told. The battles of Google and Facebook, with the governments of India and Australia will be followed in plenty of other countries as well.

At the root of all discussions will be the difference between what governments THINK social media is all about and the reality about how quickly the media landscape has changed. You’ll get to read about it first, on a social media platform… probably on the screen you’re watching this news story right now.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading

Business

The social media giants in battle with ‘old’ media and world governments | VIDEO

The Thaiger

Published

on

The social media giants in battle with ‘old’ media and world governments | VIDEO | The Thaiger

“The rules signal greater willingness by countries around the world to rein in big tech firms such as Google, Facebook and Twitter that the governments fear have become too powerful with little accountability.”

India has issued strict new rules for Facebook, Twitter and other social media platforms just weeks after the Indian government attempted to pressure Twitter to take down social media accounts it deemed, well, anti social.

The rules require any social media company to create three roles within India… a “compliance officer” who ensures they follow local laws; a “grievance officer” who addresses complaints from Indian social media users; and a “contact person” who can actually be contacted by lawyers and other aggrieved Indian parties… 24/7.

The companies are also being made to publish a compliance report each month with details about how many complaints they’ve received and the action they took.

They’ll also be required to remove ‘some’ types of content including “full or partial nudity,” any “sexual act” or “impersonations including morphed images”

The democratisation of the news model, with social media as its catalyst, will continue to baffle traditional media and governments who used to enjoy a level of control over what stories get told.

The battles of Google and Facebook, with the governments of India and Australia will be followed in plenty of other countries as well.

At the root of all discussions will be the difference between what governments THINK social media is all about and the reality about how quickly the media landscape has changed. You’ll get to read about it first, on a social media platform… probably on the screen you’re watching this news story right now.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading

Business

Turbulence ahead for Thailand’s aviation industry | VIDEO

The Thaiger

Published

on

Turbulence ahead for Thailand’s aviation industry | VIDEO | The Thaiger

When the airlines, in particular, were asking the government to put their hands in their pockets for some relief funding in August last year, it was genuinely thought that international tourists would be coming back for the high season in December and January. At the very least local tourists and expats would head back to the skies over the traditional holiday break. And surely the Chinese would be back for Chinese New Year?

As we know now, none of that happened. A resurge in cases started just south of Bangkok on December 20 last year, just before Christmas, kicking off another round of restrictions, pretty much killing off any possibility of a high season ‘bump’ for the tourist industry. Airlines slashed flights from their schedule, and hotels, which had dusted off their reception desks for the surge of tourists, shut their doors again.

Domestically, the hotel business saw 6 million room nights in the government’s latest stimulus campaign fully redeemed. But the air ticket quota of 2 million seats still has over 1.3 million seats unused. Local tourists mostly skipped flights and opted for destinations within driving distance of their homes.

As for international tourism… well that still seems months or years away, even now.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading
Phuket Thai food treats you need to try | VIDEO | The Thaiger
Tourism5 days ago

Phuket Thai food treats you need to try | VIDEO

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23 | The Thaiger
Thailand5 days ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

In search of Cat & Dog Cafés in Phuket Town | VIDEO | The Thaiger
Tourism5 days ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21 | The Thaiger
Thailand1 month ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19 | The Thaiger
Thailand1 month ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18 | The Thaiger
Thailand1 month ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15 | The Thaiger
Thailand1 month ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14 | The Thaiger
Thailand2 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13 | The Thaiger
Thailand2 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12 | The Thaiger
Thailand2 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11 | The Thaiger
Thailand2 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8 | The Thaiger
Thailand2 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8

Thailand News Today | 305 infections, No happy ending for massages, Phuket quarantine mooted | Jan 7 | The Thaiger
Thailand2 months ago

Thailand News Today | 305 infections, No happy ending for massages, Phuket quarantine mooted | Jan 7

Thailand News Today | 10,000 schools closed, 900 new migrant infections, Gambling crackdown | January 6 | The Thaiger
Thailand2 months ago

Thailand News Today | 10,000 schools closed, 900 new migrant infections, Gambling crackdown | January 6

Thailand News Today | PM reverses lockdown, Southern P.D.A. crackdown, Covid update | Jan 5 | The Thaiger
Thailand2 months ago

Thailand News Today | PM reverses lockdown, Southern P.D.A. crackdown, Covid update | Jan 5

Follow The Thaiger by email:

Trending