- HEADLINES [click on headline to view story]:
Nova goes into the movie business
Tax measures to help restore homebuyer confidence
Thailand to export spa businesses in world market
Nova goes into the movie business
On May 16 this year, Nova
Group announced that it had joined with Sahamongkol Film International as a
co-producer of a new Thai movie called “The Queen of Pattani”. Seen in this
photo from the press announcement are front row from left: Chomsajee
Techaratanaprasert, Vice president of Sales, Mr. Rony Fineman, President
Nova Group and Nonzee Nimibutr, the Director of the movie. Standing behind
from left are Boonchuen Jitprapai, Sales director of Nova Group and
Boonchuay Suwanna, the lawyer of Nova Group.
Tax measures to help
restore homebuyer confidence
The government’s tax measures aimed at stimulating the
property business will restore confidence among potential homebuyers, according
to industry executives.
Presiding over the opening of the 16th Houses and Condominiums Fair, held during
May 17-20 at Queen Sirikit National Convention Center, Kitti Pipatpongpibul,
president of the Housing Mortgage Association, said the tax measures being
issued by the Finance Ministry would help to boost the purchasing power of
people looking to get into the property market.
This, coupled with the downward interest trend, could stimulate the overall
property business, he said, but it could take between 1-1.5 years to do that, he
Athip Peechanont, president of the Thai Condominium Association, said the tax
measures would certainly encourage potential homebuyers to purchase houses as it
would give them more buying power.
At the same time, manufacturers and distributors of various products are also
set to benefit from the tax measures; particularly with the tax cut of 3.7 per
cent for installment payments and a reduction in ownership transfer and
With the tax measures, Peechanon believes the property business will grow by 20
per cent in the second or third quarters of this year. (TNA)
Thailand to export spa
businesses in world market
Thailand’s Department of Business Development, an agency
of the Ministry of Commerce, will conduct a workshop for spa business owners
to help them promote their businesses to the global marketplace.
Director-General Kanissorn Navanueraha of the Department of Business
Development said that spas are extremely popular worldwide, and that the
government supports Thailand as the centre of spa businesses in Asia.
However, some Thai spa owners lack administration and market planning
skills. More training in those fields will help Thailand’s existing spa
businesses to expand to overseas markets, he said.
The department has launched a project to develop spa businesses for the
international market. Spa owners will be trained in business management and
learn marketing strategies and brand development.
They will also have the opportunity to visit successful spas on a spa tour
programme. Advisors will be available for on-site visits to provide
counselling services on spa business development.
The project will run from June to September and aims to attract at least 40
spa business owners. Spa owners who have been in business for at least one
year are being invited to join the project free of charge. (TNA)
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