Sunday, February 7, 2010

Government to boost benefits for companies locating regional operating headquarters in Thailand

Dep Minister of Finance Pradit Phataraprasit to lead an Open Forum on Wed 10th Feb to solicit direct input from private sector on how government can help them operate more competitively in the region


Deputy Minister of Finance Pradit Phataraprasit, today, (Wednesday 3 February) announced that the government is formulating plans to boost tax and non-tax benefits to companies that locate their regional operating headquarters in Thailand.

“We aim to reinforce Thailand’s position in the region as an important manufacturing and services hub,” said Deputy Finance Minister Pradit who chairs a committee charged with developing a set of recommendations that can make Thailand a more attractive location for the regional operating headquarters of companies.

He said, “The establishment of a regional headquarters in Thailand by giant foreign companies can generate enormous benefits for our country and accelerate economic growth. It results in the location in Thailand of many high-salaried expatriate managers; it means more demand for housing, more shopping and other spending, and more business for hotels and restaurants with a greater number of international events being organized in Thailand. It also means that Thai staff have more opportunity to become regional managers with much higher salaries and responsibilities.”

Mr. Pradit said that he is organizing an Open Forum meeting on Wednesday 10th February at the Queen Sirikit National Convention Center for the private sector to give direct input to him on how they believe Thailand could become more attractive as a regional operating headquarters for their companies.

“I want this to be a collaborative effort that gets the best ideas on the table, and to weed out what isn’t important to the private sector,” said Mr. Pradit.

He said that, “multiple government agencies are working together and all key people responsible for developing and submitting these recommendations for Cabinet approval will be present at the session to listen to the views of the private sector, including the Board of Investment, the Bank of Thailand, the Revenue Department, the Fiscal Policy Office, as well as the Federation of Thai Industries, and the Thai Chamber of Commerce, in addition to himself and the Permanent Secretary of the Ministry of Finance.”
HOW TO REGISTER TO ATTEND

Attendance is free. To book a place, please email or fax representatives’ Name, Title, and Company to ROHforum@gmail.com , or fax: 02-664 9515, Attention: Khun Pairoj. Reservations should be made no later than Monday 8th February. Seating is limited and available on a first come, first served basis. Presentations will be in English and Thai.

Saturday, January 30, 2010

Good Progress Being Made Says Digicel Group CEO

Good progress is being made on restoring the Digicel network with over 80 percent of cell sites now back on air, enabling customers to make and receive calls, text messages, email and BlackBerry Messenger messages.
-- As the biggest and best network in Haiti, the Digicel network has
remained operational throughout and Digicel now has more cell sites on air
than any other provider. Coverage in the provinces continues to be good and
in Port au Prince it is improving rapidly with Haitians taking advantage of
the free credit of US$5 each (totaling US$10 million) that Digicel has
given them. International traffic on Monday showed a 250 percent increase
on normal daily levels.
-- Digicel is continuing to bring key technical people and equipment in to
Haiti to ensure that the network is returned to full strength as soon as
possible. In the last two days alone, six planes carrying Digicel network
equipment have landed in the capital.
-- As of yesterday (Monday 18th January), Digicel stores in provincial areas
mainly in the northern and southern parts of the country have started to
open -- and, importantly, Digicel stores in the metropolitan area of Port
au Prince will start to re-open today (Tuesday 19th January).
-- In an effort to ensure that as many customers as possible can purchase
credit, handsets and accessories like alternative energy mobile phone
chargers, one of Digicel's mobile stores will be open for business from 9am
until 4pm each day from tomorrow. The mobile store will be located in the
airport area of Port au Prince.
-- Supplementary charging stations will be placed in the Digicel stores to
ensure that customers can charge up their phone batteries and be able to
avail themselves of the US$5 free credit to stay connected with friends and
family.
-- And for people across the Diaspora wishing to send credit to friends and
family in Haiti, Digicel is giving Double Bubble to customers meaning that
they will receive double the value of the credit that they purchase for no
additional cost.

Colm Delves, Group CEO of Digicel, comments, "We are making good progress on returning our network to full strength with more and more cell sites coming back online and voice calls, text messaging, email and Blackberry Messenger available all across the country. Some customers may experience difficulties making and receiving calls at certain times largely due to the high volume of customers taking advantage of the US$10 million we have given them in free credit.

"We are doing everything we can to ensure our customers can stay connected with friends and family."

As the single largest investor in Haiti with a total investment of U$300 million since its launch in 2006, Digicel has over two million customers in Haiti and has announced a US$5 million donation to the Haiti relief efforts. This donation will go to NGOs like Concern and Medecins sans Frontieres.
ABOUT DIGICEL GROUP

After eight years of operation, Digicel has 8.8 million customers across its Caribbean and Central American markets and is renowned for competitive rates, unbeatable coverage, superior customer care, a wide variety of products and services and state-of-the-art handsets. By offering innovative wireless services and community support, Digicel has become a leading brand in the Caribbean and has placed the region at the cutting-edge of wireless communications -- the company is also a recent entrant to the Central American and Pacific markets.

Digicel is incorporated in Bermuda and now has operations in 32 markets world-wide. Its Caribbean and Central American markets comprise Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Bonaire, the British Virgin Islands, the Cayman Islands, Curacao, Dominica, El Salvador, French Guiana, Grenada, Guadeloupe, Guyana, Haiti, Honduras, Jamaica, Martinique, Panama, St Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname, Trinidad & Tobago and Turks & Caicos. The Caribbean company also has coverage in St. Martin and St. Barths. Digicel Pacific comprises Fiji, Nauru, Papua New Guinea, Samoa, Tonga and Vanuatu.
In total, across its 32 markets, Digicel has 10.3 million subscribers.

Digicel is the lead sponsor of Caribbean and Central American sports teams, including the West Indies Cricket Team and Special Olympics teams throughout the region. Digicel is also title sponsor of the Digicel Caribbean Championships and the Copa de Naciones Digicel, which are the Caribbean and Central American qualifiers to the CONCACAF Gold Cup.