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ISO 9001:2015 now requires organizations to bring some consistency to their

deliberations around these issues. It directs organizations to determine what issues


are relevant to their purpose and, through guidance notes, gives examples of some
of the tools and practices that may facilitate this process. So, the standard drives
organizations to do a better job of thinking of all the issues that can affect their
ability to serve their customers and to consider the risks and opportunities that are
associated with these factors. Bringing consistency to what, in the past, have
probably been haphazardly applied and poorly documented practices is the big
benefit from this requirement.

Internal issues might include:

Expected retirement of key personnel with specific knowledge and skills


Addition of a second shift to accommodate increased sales
Aging machinery or obsolete equipment
Formation of a labor union
Relocation of the company
Improvement to processes
Expiration of a government-funded training grant

External issues might relate to:

Loss of a key supplier


Changes in environmental regulations
Ventures into new markets with stricter statutory constraints
Tightening of lending guidelines from financial institutions
Major road construction in areas that the organization services
News on 18 Nov 2016 reported that the SCL has encountered several engineering
problems and delays will cost almost HK$100 billion. Compared with the original
estimate of HK$79.8 billion, which is approx.. 20 billion overbudget.

Thailand approved the construction of a high speed rail connecting Bangkok and
countries like Malaysia, Singapore and China. To be completed in 2021, this provides
great prospect for property investors in Thailand. In partnership with Sansiri and BTS
Group, we would like to invite you to join our upcoming event in Hong Kong to
preview their latest freehold condominium project, The LINE Phahon-Pradipat,
situated in close proximity to the future transportation and high speed rail hub of
Bangkok. During the event our expert speakers will also give you unique insight into
the Bangkok property market and provide more information about this new project.

This joint venture mega project between BTS Group and Sansiri is one of its kind, and
our clients in Hong Kong will get their first pick of choice units. We launched the 1st
BTS-Sansiri joint venture project called The Line Chatuchak back in May 2015 and the
project was sold out within 1 day (find out more). We foresee similar result for our
upcoming project as both projects are located close to the new high speed rail hub
which is in a short supply of residential units.

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