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Bangkok Post T H E N E WS PA P E R YO U C A N T RU S T WEDNESDAY, APRIL 26, 2017 30 BAHT
TRAFFICKING
RAMA IX
Cremation Governor
on Oct 26 denies sex
The royal cremation ceremonies for the
late King Bhumibol Adulyadej are sched-
ring links
uled for Oct 25-29 with the cremation
proper to be held on Thursday Oct 26, POST REPORTERS
which has been declared a public holiday.
Government spokesman Lt Gen San- The governor of Mae Hong Son has vehe-
sern Kaewkamnerd yesterday said the mently denied buying sex from teenage
cabinet had acknowledged the five-day girls trafficked into a prostitution ring alleg-
ceremony and approved Oct 26 as a public edly run by local police.
holiday to allow the people to take part. Yutthachai Thongchart, a police senior
On Oct 25, a royal merit-making sergeant-major formerly attached to
rite will be held to mark the start of the Mae Hong Son police, has been arrested
royal cremation ceremonies in the Dusit on charges of running a sex ring and
Maha Prasat Throne Hall inside the Grand human trafficking.
Palace. He was apprehended yesterday along
On Oct 26, the body of the late King with two women, identified as Piyathas
will be moved from the throne hall to the Thiensuwan and Piyawan Sukma, who
royal crematorium at Sanam Luang where are charged with acting as procurers and
the royal cremation will be held. human trafficking.
On Oct 27, following the cremation, The three suspects were questioned by
a royal ceremony will be held to collect police in Mae Hong Son and were to be
the royal relics of the late King at the flown to Bangkok for interrogation by the
royal crematorium. anti-human trafficking police yesterday.
On Oct 28, a royal merit-making rite The mother of one of the girls working
for the royal relics will be held in the Dusit in the sex ring said the female pimps had
Maha Prasat Throne Hall. forced them to work as prostitutes for cli-
On Oct 29, a royal ceremony will ents in Mae Hong Son, who included senior
be held to enshrine the royal relics at state officials, according to deputy national
the Chakri Maha Prasat Throne Hall at police chief Srivara Ransibrahmanakul.
10.30am, and the ashes of the late King The mother also reportedly worked as a
will be kept separately at Wat Rajabopit police informant.
and Wat Bowon Niwet, winding up the Pol Gen Srivara said the girls told inves-
five-day ceremony, Lt Gen Sansern said. tigators that one of the officials was Mae
The cabinet also acknowledged a post- Hong Son governor Suebsak Iamwicharn.
royal cremation exhibition is planned The girls said
from Nov 1-30, to be organised by the they were each
Culture Ministry. King Bhumibol Aduly- paid 1,000 baht
adej passed away on Oct 13, 2016. Construction work on the royal crematorium forthe funeral of the late King Bhumibol Adulyadej is making steady progress. PATIPAT
P JANTHONG per client for sex.
Yesterday, Mr
Suebsak denied
NATIONAL
Bahrainis treat PM in
style on official visit
The Bahrain government prepared accom- expertise in medical tourism.
Leaders sign bilateral modation for them at the Ritz Carlton Hotel. In the meeting, Gen Prayut expressed his
Yesterday morning, Gen Prayut met Prince appreciation to Bahraini PM Prince Khalifa
pacts in 3 categories Khalifa bin Salman bin Hamad Al Khalifa at bin Salman bin Hamad Al Khalifa on behalf
Al Gudaibiya Palace for bilateral talks and of the Thai government and his delegation for
signed agreements. the kindness and warm welcome the Bahrain
POST REPORTERS Bahraini PM Prince Khalifa bin Salman bin government had provided them.
Hamad Al Khalifa had recently extended an Gen Prayut said Bahrain is a friend of Thai-
Prime Minister Prayut Chan-o-cha will wrap up invitation to Gen Prayut to visit his country. land and the fact it was the first country in the
his official visit to Bahrain today after attending Gen Prayut accepted his invitation. Middle East to which he had paid an official
a bilateral signing agreement ceremony over At the meeting, three bilateral agreements visit highlighted the close ties between the
agriculture, tax, university cooperation and were signed between Thailand and Bahrain two countries.
education between the two countries. on agriculture, tax, and university cooperation On the same day, Gen Prayut had also paid
Gen Prayut and a group of Thai delegation and education. a courtesy visit to Bahrains King Hamad bin
arrived at Manama, the capital of Bahrain, Gen Prayut said the agreements will allow Isa Al Khalifa.
on Monday. the two countries to work together to boost Gen Prayut said the Thai people have a
This is Gen Prayuts first official visit to the bilateral trade and investment. deep gratitude towards King Hamad bin Isa Al
Middle East. He said they would also help tackle prob- Khalifa and PM Prince Khalifa bin Salman bin
The Thai delegation who accompanied the lems regarding trade and investment in Hamad Al Khalifa as they had sent a condo-
prime minister includes Foreign Minister Don both countries. lence letter to the Thai royal family following
Pramudwinai, Commerce Minister Apiradi Gen Prayut said he hopes the agreements the passing of the late King Bhumibol Aduly-
Tantraporn, and Agriculture and Cooperatives will strengthen cooperation between Thailand adej on Oct 13, 2016, and had also congratu-
Minister General Chatchai Sarikulya. and Bahrain to improve tourism and gener- lated Thais on the appointment of Thailands
Gen Prayut and the Thai officials were ate incomes. King Rama X.
welcomed by Bahraini PM Prince Khalifa bin He said Thailand was pleased to support The meeting is aimed at strengthening
Salman bin Hamad Al Khalifa at Bahrain Inter- Bahrain in any activities related to the tour- bonds between Thailand and Bahrain on cel-
national Airport and then escorted to a lounge ism industry. ebration of the 40th anniversary of diplomatic Prime Minister Prayut Chan-o-cha shakes hands with Bahraini PM Prince Khalifa bin Salman bin Hamad Al Khalifa as they met
in a special arrival lobby. The Thai PM emphasised Thailands ties with Thailand this year. at Al Gudaibiya Palace in the capital city, Manama, for bilateral talks yesterday. PHOTO COURTESY OF GOVERNMENT HOUSE
Tourism scam
suspect claims
to be victim
said she was persuaded by Mr Apiwat to
Police work to crack work in the administration department at
the couples company in October last year.
series of con jobs Although her niece was the companys
executive, the firm was mainly overseen by
the boyfriend, she said.
WASSAYOS NGAMKHAM Ms Phongphans duty was to inspect
hotel rooms, take pictures and send them
A key suspect, who is the aunt of a female to Mr Apiwat via the Line application.
doctor allegedly connected to a bogus tour- She also invested 1.3 million baht in the
ism company, turned herself in to police business and received dividends until last
yesterday, insisting she was also a victim month when Mr Apiwat claimed he was
of the fraud. unable to pay her as the company had failed
Phongphan Siriwat, aunt of Dr Phan- to collect money from its clients.
narat Chantharamani, yesterday surren- After that, she lost contact with him.
dered to Central Investigation Bureau (CIB) The woman said Dr Phannarat has been
chief Thitirat Nongharnpitak, saying she in a relationship with Mr Apiwat since 2014.
wanted to prove her sincerity and show she The man also allegedly lured the physi-
had no knowledge of the scam. cians relatives into the scam, causing them
She insisted she was one of the victims. to lose more than three million baht.
Ms Phongphan, who has been charged Ms Phongphan said her niece decided
with public fraud, also prepared to submit to flee abroad as she had an argument with
a bail request with a land title deed worth Mr Apiwat who also threatened her.
800,000 baht as surety. In another development, Pol Lt Gen
Police say Dr Phannarat is believed to Thitirat said police are in the process of
have escaped to the Philippines ahead of seeking an arrest warrant for another sus- A member of a group of about 20 product distributors lodges a petition against a company which lured them into a scam promising online product advertisement by Chinese net
the Songkran festival, days before the scam, pect involved in a high-profile tour scam idols. PORNPROM SATRABHAYA
which caused more than 60 million baht in to Japan, orchestrated by alleged fraudster
damages, was exposed. Pasist Arinchayalapis, alias Sin Sae Shogun. defrauded, the CIB chief said. A preliminary probe indicates Mr Sawat peoples accounts or used to buy property. advertisement scheme, causing 30 million
Arrest warrants were issued for the He also instructed investigators oversee- Besides the two cases, Pol Lt Gen Thitirat is still hiding in Thailand. Mr Sawats relatives and acquaintances baht in losses.
doctor and later for Ms Phongphan and ing the case to quickly wrap up the probe also ordered investigators to step up efforts Pol Lt Gen Thitirat said police were com- will be summoned for questioning as the The victims said paid 75,900 baht
the doctors boyfriend, Apiwat Akkara- summary and forward it to prosecutors by to track down Sawat Saengbangpla, 79, ex- piling evidence to find whether there were probe widens, he added. for each ad, but the company did not keep
detm, whose previous name was Theer- next week. chairman of Chulalongkorn University Sav- other accomplices in the case or whether In a separate case, the Crime Suppres- its promise to have their products promoted
ayut Burassakarn. The case has caused huge damages. ings Cooperative, who is accused of luring he acted alone. sion Division (CSD) yesterday received by popular Chinese idols on a well-known
He is reportedly still in the country, Although some of the money was returned people into a bogus lottery investment Checks of the suspects financial transac- complaints from 20 product distribu- online shopping site based in China.
according to officials. to the victims, there will be no compro- scheme, causing damages exceeding one tions showed none of the money taken from tors who claimed they were duped by a The company had also guaranteed a
During a police inquiry, Ms Phongphan mise in this case as a lot of people were billion baht. the victims had been transferred to other company to invest in a Chinese online high sales volume.
Feud erupts over NLA organic bill panel chairman Wissanu defends
MONGKOL BANGPRAPA According to the source, NLA member
Jate Siratharanont had been tipped to
foul when Mr Tuang was selected as the
committees chairman yesterday, the
Thassananchalee, serving as acting chair-
man of the committee, asked to exercise
avoid hurting feelings, the source said.
However, Mr Tuang yesterday said
militarys seats
A dispute has erupted over the selection
of the chairman of a National Legisla-
tive Assembly (NLA) committee set up
chair the committee to scrutinise the bill,
given he had earlier been appointed by
NLA chairman Pornpetch Wichitcholchai
source said. During the selection, former
permanent secretary for defence Gen
Nipat Thonglek, another NLA member,
his voting rights and voted in support of
Mr Tuang, the source said.
Mr Thamrongs action drew heavy
the problem stemmed from a commit-
tee member who refused to back down
even after the contender nominated by
on superboard
to scrutinise an organic bill on the Elec- to head another NLA committee set up unexpectedly nominated Mr Tuang for criticism from some members who saw that member was not chosen as chair-
tion Commission. to study the bill in advance. the chairmanship against Mr Jate, the it as a breach of etiquette, the source said. man. Mr Tuang did not name the com- AEKARACH SATTABURUTH
NLA member Tuang Anthachai was The Constitution Drafting Committee source said. If Mr Jate carried out his duties prop- mittee member.
selected on Monday as the committees forwarded the bill to the NLA on April 18. When the committee voted to choose erly while chairing the committee on the Other members also nominated him Deputy Prime Minister Wissanu Krea-ngam has
chairman, sparking outrage among some The NLA passed the bill in its first reading the chairman, it was split down the bill, there should be no reason to replace as a contender for the chairmanship apart defended the law thatwill allow the militarys top
panel members over irregularities and and set up a 31-member panel to scruti- middle, with eight votes in favour of Mr him. If there was to be any replacement, from Gen Nipat, Mr Tuang said, while brass to sit on a superboard committee that will
a breach of etiquette, a source close to nise it last Friday. Jate and eight votes for Mr Tuang. then there should have been talks to insisting that he had nothing to gain from oversee national strategy, despite fears this could
the panel said. Some committee members cried Therefore, NLA member Thamrong deliberate the matter first in order to becoming the committees chairman. interfere with the return to democracy.
Speaking at Government House yesterday about
preparations to establish the committee, Mr Wissanu
said of the 32 committee members that will draft the
CRIME 20-year national strategic plan, only five or six will be
selected from the military.
Boss rapist still to serve 50 years but wife acquitted Thai The rest of the members will be drawn from public
and private agencies including the Thai Chamber of
POST REPORTERS April 19 to Aug 10, 2008. spend a maximum of 50 Thanawan despite the fact she again
Pulse Commerce, the Thai Bankers Association, the Finance
Ministry, the National Economic and Social Develop-
With the alleged help years behind bars for the failed to show up. The plaintiff s ment Board and the National Farmers Federation.
The Supreme Court yesterday upheld of his wife, Surachai also crimes he committed. lawyer, Rassamee Waiyanet, said she The deputy prime ministers comments follow
the lower courts decision to sentence threatened to distrib- After Thanawan was plans to file for damages for being It is too early to worry about Chinas criticism that it is inappropriate to have army per-
a man to 50 years in jail for repeat- ute photos and videos of originally also given 10 wrongly accused. survey of the Mekong River as it strives sonnel occupy positions on the superboard, as they
edly raping his female employee and him having sex with the years imprisonment, the In July 1996, Surachai, formerly to improve cargo boat navigation there, are not experts in the field.
forcefully detaining and threatening woman. On March 29, couple took the case to the known as Kanisorn, was convicted authorities say. Earlier, a bill governing national strategy was pro-
her with the use of weapons. 2013, the Criminal Court Appeal Court. On Nov 4, of beating and torturing his ex-wife, posed to the National Legislative Assembly (NLA)
The court acquitted his wife, who found Surachai guilty of 2014 this court upheld the a former runner-up in the prestigious www.bangkokpost.com/news/ for deliberation.
was earlier sentenced to 10 years in rape and illegally possess- lower courts sentences. Miss Thailand beauty pageant. A year asean/1238347 Mr Wissanu said that seeing as the government
prison for acting as her husbands ing weapons. He and his Surachai: Man with a However, Surachais wife later, police in Phaya Thai district took it upon itself to establish the superboard, it is
accomplice. The high-profile case saw wife Thanawan Klaiprae colourful past did not show up for the reportedly found weapons in his vehi- now up to parliament to work on a bill governing the
Surachai Vivattanachart, 41, and his were also found guilty of ruling so the court issued cle and sought to prosecute him. He A man previously convicted of murder has national strategy committee.
wife Thanawan Klaiprae, 50, arraigned forcefully detaining the victim. a warrant for her arrest. was detained but later released. been arrested, along with his girlfriend, Under the superboard, a panel of 15 members
in the Criminal Court for raping a Surachais sentences added up to The case was then forwarded Surachai then used an M16 assault the former wife of a policeman, on a drugs drawn from various sectors will also be set up to draft
female employee of his firm, Interna- a total jail term of 85 years and six to the Supreme Court, which yes- rifle to fire rounds at the police station, charge. national development plans.
tional Detective Co, and detaining and months. He was also fined 1,050 baht. terday upheld the 50-year prison apparently in retribution, a crime for The schemes will then be submitted to the super-
threatening her with weapons from But according to the law he can only term for Surachai, but acquitted which he served six years behind bars. www.bangkokpost.com/news/ board, the cabinet, parliament and the King for con-
crime/1238307 sideration before being promulgated, he added.
4 I Bangkok Post I WEDNESDAY, APRIL 26, 2017
ASIA
NORTH KOREA INDIA
Lawyer seeks Trial of human rights lawyer national database in a bid to curb smug-
gling within India and beyond its borders.
Cows are considered sacred in Hindu-
ICC charges delayed, say supporters majority India, and their slaughter is a
punishable offence in many states.
Each animal will have a unique number
WORLD
PACIFIC
Five Eyes
spy groups
gather in NZ
together with other countries, Mr English
Govts deny meeting said, using a common acronym for the
Islamic State militant group.
called to tackle crises A source at one of the agencies con-
firmed that the New Zealand conference
was an annual get-together ... a regular
WELLINGTON/WASHINGTON: New Zea- meeting of all of the seniors.
land Prime Minister Bill English was flying Activities by Russias government and
to the mountainous resort city of Queen- counter-proliferation of nuclear arms in
stown yesterday to meet intelligence offi- North Korea would likely be discussed,
cials from the Five Eyes network, which alongside more mundane topics like
includes the United States FBI, CIA and managing diversity in the workplace and
National Security Agency. how to prevent whistleblowers, according
The meetings, designed to facilitate to Massey University security and defence
intelligence sharing between the US, analyst Rhys Ball, who formerly worked
United Kingdom, Canada, Australia and for New Zealands intelligence service.
New Zealand, are being held at a sen- The interesting thing about this con-
sitive time for the Asia-Pacific region ference, I think, is that this might offer
as tension between the US and North some of those senior officials the first
Korea escalates. opportunity to meet up with some of the
However, six US and allied govern- new American intelligence officials, Mr
ment sources said it was a routine annual Ball said.
get-together that was not being held to US officials declined to discuss the
respond to any particular crisis. movements of specific senior officials. A
The confirmation of the meetings source familiar with the matter said senior
indicates that Five Eyes countries hold Canadian officials were taking part.
regular intelligence conferences, a fact New Zealand media reported that FBI
not widely known outside intelligence director James Comey would attend and
circles until now, according to analysts. published photos of him disembarking
I can confirm that its Five Eyes, just from a plane in Queenstown on Sunday.
part of the regular cycle of conferences The sources said agencies whose offi-
that are held, Mr English told reporters cials were expected to attend included the
on Monday. He declined to specify which FBI, CIA and National Security Agency
officials were attending. from the US, the UKs MI-5, MI-6 and Gov-
The officials and Mr English declined ernment Communications Headquarters,
to discuss what topics would be on the the Canadian Security Intelligence Ser-
agenda, although Mr English said he vice and Communications Security Estab-
would use the meetings as an opportunity lishment Canada, the Australian Security
to stress New Zealands dedication to the Intelligence Organisation, the Australian
intelligence-sharing network. Signals Intelligence Directorate, and New
Its becoming increasingly obvious, I Zealands Government Communications
think, that as you consider these supra- Security Bureau and Security Intelligence
national threats like Isis that you work Service. REUTERS
SYRIA
UNITED STATES
OPINION
Established 1946
Bangkok Post
The Newspaper You Can Trust
Credibility
lost over sub
T
he handling of the purchase of submarines from
China was extremely distasteful. By refusing even to
tell the country what it was doing, the cabinet has
raised several questions and reduced its credibil-
ity. The arrogant and unnecessary argument that
the public doesnt have to know everything about cabinet
proceedings is insulting.
The purchase of the first of three Yuan-class submarines is
the most expensive of its kind in Thai history. It cost $393 mil-
lion, about 13.56 billion baht going by todays exchange rate.
Of course, a strong defence is important. The public, however,
knows this and the two more subs to come are not really vital
to the countrysnational defence capabilities. If they were, it
would have celebrated the official cabinet decision to pur-
chase the vessels, instead of covering it up.
The cost of the second most-expensive weapons platform,
HTMS Chakri Naruebett was $336 million 9.04 billion baht
at the time. But the purchase of the carrier, paid off between
the 1992 order and 1997 delivery, included many extras.
When delivered it had first-rate Harrier jets and helicopters.
It came equipped with four high-technology decoy craft.
Compared with the single submarine, the aircraft carrier was
a bargain.
For that cost, however,
the Chakri Naruebet
became an expensive
Gen Prayut and the tourist
O
the country needs three submarines to guarantee national government that has perhaps failed to fulfil CPI score decreased this year is because ruption Commission has already compiled
security. That is an extraordinary claim, requiring extraordi- ne way to gauge the efficacy of a its massive anti-graft vow. a new source, the Varieties of Democracy such statutes but has not proceeded to the
nary proof, and so far none has emerged. Thailand has a long countrys anti-corruption efforts The survey also indicates that the three Index (VDEM), was added to the CPI. The revision process yet.
coastline for sure, but most of the Thai sea is shallow, where is to examine various corrup- primary causes for corruption according to VDEM measures corruption in the executive, Second, the government should revise
subs can never even hope to operate effectively. And the use tion indices. Every year, coun- the respondents are the vague statutes that legislative and judicial branches of govern- the Office of the Prime Ministers Regula-
of subs in warfare, by definition, requires an all-out attack tries worldwide are evaluated provide excessive room for discretionary ment and places an emphasis on elections, tions for the Moral and Ethical Standards
on the country, the rather obvious question being: From by a myriad of indices that measure their powers, unethical public officials, and the freedom, and participation and deliberation of Political Civil Servants, BE 2543 (2000) to
where or by whom? There is no answer from the government levels of corruption. Such measures are governments lack of transparency. among all factions in a country. Thailand give it teeth. There should be clear penalties
or military. by and large based on the perceptions of The picture painted by foreign indices is scored just 24 points in the VDEM which for politicians found to be in violation of this
Even one submarine has already become a political and people garnered from mass surveys as this rather mixed. The Global Competitiveness significantly lowered the overall CPI score. particular law.
economic liability. Just think how 13.5 billion baht and 37.5 is generally the most widely accepted way Index (GCI) rates an economys competi- In the LPIs Governance pillar, Thailands Third, the auditing process for govern-
billion baht could be better spent. But that is not all. By con- to quantify an act that is by nature secretive tiveness based on 12 different pillars from 0 rating was significantly dragged down by two ment spending shall shift from merely
tinuing this obsession to purchase submarines, Gen Prayut and evades accountability. points (Least competitive) to 7 points (Most indicators: Political Participation and Rights, procedural inspections to cost-benefit
and allies have automatically begun the next round of divisive There are corruption indices produced competitive). The pillar most relevant to cor- which measures the ability to participate in inspections. Current auditing focuses far too
payback politics. by both Thai and international institutions. ruption is the Institutions pillar. political processes such as voting in elec- little on whether a project is actually worth
As certain as the mango rains, the next government will In Thailand, the main corruption index is In this pillar, Thailand has been rated at tions, joining political parties and running the investment as long as it adheres to the
launch investigations into the submarine purchase. If it is a the Corruption Situation Index (CSI). The around 3.7 out of 7 points or at the moderate for public office, and Democracy Level, letter of the law. Performance audit will help
Pheu Thai government, as most analysts currently predict, index is based on a survey of 2,400 Thai level for the last few years. This is a similar which measures the openness and competi- lessen wasteful government spending.
we can expect plenty of allegations. Politicians will certainly citizens, entrepreneurs and government trend as observed with the CSI. The GCI tiveness of elections and the extent of checks Last, the government should boost trans-
proclaim the injustice of punishing the Yingluck-era rice bureaucrats from different regions of the rates Thailand as especially poor in the fol- on executive authority. parency in its administration by instructing
scheme and claim there must be justice to probe the country on issues related to their perception lowing three indicators; public trust in politi- Had the CPI and LPI not factored in government agencies to make more govern-
submarine deal. Forget whether it is justified. It will be an of corruption. cians, wastefulness of government spending democratic indicators, our analysis indicates ment data publicly available in compliance
ugly, divisive and new round of nasty political battles serving Its chief finding is that according to the and favouritism in decisions of government Thailands performance would likely have with the Official Information Act, B.E. 2540
partisan politics instead of the people and the nation. respondents, the overall corruption situation officials. remained constant in the past few years. (1997). Although this act has been in place
Gen Prayut and the National Council for Peace and has improved from poor to moderate from On the other hand, unlike the two afore- But the fact is that bar Singapore, just about for 20 years, its enforcement has been so far
Order had a chance to nip this harmful purchase in the bud. 2010-2014 but has remained stable since. mentioned indices, the Corruption Percep- all the countries rated less corrupt by the been very lax, reflecting the lack of political
Instead, they have actively supported and pushed for it. It is The improvement can be attributed mainly tion Index (CPI) and the Legatum Prosperity various indices are democratic that regularly will in seeing this law properly enforced.
reported that the navys purchase proposal was submitted to the sense that the public, according to Index (LPI) rate Thailands corruption situa- hold free and fair elections and guarantee
to the cabinet last week without prior schedule. The refusal the survey, is more aware and less tolerant tion as poor and worsening of late. their citizens basic freedoms. Additionally, Natchapol Praditpetchara is a researcher at the
to level with the country by hiding the cabinet decision only of government graft than ever and is much The difference can be explained by a with or without the democratic indicators, Thailand Development Research Institute (TDRI).
compounds the damage to the regimes credibility. more willing to personally assist in anti- fundamental difference in the methodology all the indices would agree Thailands cor- Policy analyses from the TDRI appear in the
The regime obviously knows this is a purchase that is corruption efforts. of the indices. While the CSI and GCI do ruption situation remains mediocre at best. Bangkok Post on alternate Wednesdays.
opposed by most people. By pressing on, the government
and junta are entirely responsible for everything that follows,
quite possibly for years to come.
PostBag InQuote
COMMENTARY
Soonruth
Bunyamanee
So much for
the wave of
T populism
he decision of the military
regime to approve the procure-
ment of a 13.5-billion-baht sub-
I
marine from China in what has
been seen as a cover-up comes n his victory speech on Sunday
at a high price: public trust. night Emmanuel Macron, the next
How can we now have trust in its president of France, said: I want
planned massive spending on controver- to become...the president of the
sial military supplies? patriots in the face of the threat from
Defence Ministry spokesman Maj Gen the nationalists. The distinction would
Kongcheep Tantravanich surprised local be lost on most Trump supporters in the
journalists on Monday when he admitted United States and on the Little Englan-
that the cabinet, chaired by Prime Min- ders who voted for Brexit in Britain, but
ister Prayut Chan-o-cha, approved the its absolutely clear to the French, and
proposed procurement of a Yuan-class indeed to most Europeans.
submarine from China worth 13.5 billion In the US the preferred word is
baht a week ago. patriot, but it usually means nation-
The approval was covered up for a alist, with flags flaunted and slogans
week until Deputy Prime Minister and chanted. America First says Mr Trump,
Defence Minister Gen Prawit Wong- and the crowd replies USA all the way!
suwon dropped a hint at the Defence You cant imagine a British election
Council meeting on Monday that military rally doing that the United Kingdom
hardware and equipment to protect the is too close to mainland Europe, where
countrys maritime interests were neces- that sort of thing ended very badly but
sary and the purchase of such equipment the English nationalism behind Brexit
would be made with transparency. was painfully obvious. For some in both
His remark prompted military report- countries its actually white nationalism,
ers, who had been led to believe that but even the many non-racists who voted
cabinet consideration of the sub pur- for Mr Trump or Brexit draw the line at
chase would have taken place yesterday, the border or the waters edge. Theres
to dig into the issue until the authorities us, and on the far side theres them.
including government spokesman Lt Gen Whereas the French men and women
Sansern Kaewkamnerd finally admit- who voted for Mr Macron understand
ted that the planned purchase had been In this 2014 photo, then navy chief Admiral Narong Pipattanasai presides over the opening of the Royal Thai Navys Submarine Squadron at Sattahip naval base in Chon Buri province. After the difference between patriotism and
endorsed on April 18. a long delay, the Prayut Chan-o-cha government secretly approved the purchase of a submarine last week. THITI WANNAMONTHA nationalism very well. They will have to
The secret cabinet approval of this vote for Mr Macron again in the run-off
controversial deal has changed the focus to corruption for decades. Best practice in goals. future due to growing economic interests. subs are debatable, the thing that cannot election on May 7, when his opponent
of criticism from the appropriateness of terms of transparency and accountability Some people question why the Some have said such a massive budget be compromised on is the transparency will be the neo-fascist candidate, Marine
the submarine purchase to the transpar- of military budget spending on weapons country needs submarines when there is earmarked to buy submarines should be of the procurement process. Le Pen, but in that round they will be
ency of the procurement. purchases is always in question. no prospect of war looming. I liken this used for projects with real public benefits These days, local news headlines are joined by almost all the people who voted
Gen Prawit said the issue was con- Military leaders have repeatedly cited question to why we go to the gym to keep instead. I fully agree but in reality, such a dominated by numerous high-profile for other presidential candidates in the
fidential for the sake of security while national security and confidentiality for our bodies fit. Is it because we will have to premise is unlikely. If the navy opts not to scam cases. Among them, several medi- first round. She is a nationalist; they are
Maj Gen Kongcheep said not all of the their arms procurements. If the armed fight with others? The answer is definitely buy submarines, it will spend the money cal doctors were fooled by their trusted patriots.
issues approved by the cabinet have to be forces were strict on transparency and no. to buy other military supplies for sure. colleagues to invest in a fake tourism ser- In Europe, nationalism is linked in the
released to the press. To a certain extent, accountability in their weapons procure- In the near future, when the Dawei There is also sarcasm from some vice scheme and academics and mem- collective memory with the catastrophe
they are correct. But the excuse cannot be ments, there would not be problematic deep-sea port opens in Myanmar, ship- quarters that the submarines are a dream bers of a university savings co-operative of the last centurys great wars, and the
applied to such a contentious issue with cases like the 350-million-baht broken ping lanes around the western coast are come true not just for navy personnel but were lured by a trusted senior academic racism that is often associated with it trig-
strong public concerns over how taxpay- army airship and US$241 million (8.3 bil- expected to be bustling, which will need also Thai kids as they will have new excit- and then co-operative manager to invest gers images of Nazi extermination camps.
ers money should be used. lion baht) contract for several dozen T-84 increased maritime security and protec- ing equipment to ride on Childrens Day in a fake lottery scheme. Not all Europeans are immune to that
Before this, several elected govern- Oplot tanks with Ukraine which have not tion of the countrys maritime interests. apart from tanks and fighter jets. What we can learn from these cases kind of nationalism or political phenom-
ments decided to shelve the purchase for been fulfilled. We should not ignore the fact that Seriously, I dont think its a matter for is that we can be defrauded even by the ena like Ms Le Pen in France, Geert Wil-
fear of criticism. Credit Suisses military strength index several Asean neighbours that have sarcasm. Having submarines can inspire people we trust. ders in the Netherlands and Beppo Grillo
This time, the navy claimed the in 2015 ranked Thailand 16th, top in connecting marine territories with ours kids in terms of patriotism and techno- With the government apparently trying in Italy could not exist, but they remain a
planned purchase, with a total cost of 36 Asean, for the worlds strongest militaries have commissioned several fleets of logical development as well as future to keep the submarine procurement out minority almost everywhere.
billion baht for three Chinese subma- in term of budget spending and military submarines. Although there is no conflict careers. of public discourse from the start, how That was not obvious four months
rines, will be financed by its owned supplies. Imagine how bad it would be if now, who knows what will happen in the While the pros and cons of buying can the public trust the procedure? How ago. After the Brexit vote last June and Mr
budget over the next 11 years. While this military procurement lacks transparency. can taxpayers trust the navys explana- Trumps election in November, Europes
is true, Im sorry to say that navy budgets For the submarine deal, in fact, I tions and the information it uses to justify ultra-nationalists were convinced that
come from taxpayers as well. believe many people can be convinced of the necessity of the massive spending. their moment had finally come and
The approved purchase seems not to its benefits. And how can we trust the regime with many observers feared they were right.
conform with the stance of the govern- I agree the country should maintain its national strategic plan for the next Brexit seemed like the first step towards
ment regarding national reform which a full military capability and balance two decades, particularly when the law the break-up of the European Union, and
has seen the regime reiterate the neces-
sity of anti-corruption and transparency
military strength in the region to ensure
the free movement of vessels in and out
Some people question why the facilitating the plan has empowered all
military top brass to sit on a committee to
from the Netherlands to Austria it felt like
the fascists were at the door.
in state projects.
Buying weapons and military supplies
of Thai waters under all circumstances.
This is a matter of sovereignty and territo-
country needs submarines when draft and review the plan over its 20-year
time frame.
Not so. Mr Wilderss party gained only
a few seats in last months Dutch election
from defence contractors around the
world has met with heavy public scepti-
rial integrity.
Buying submarines, for me, is accept- there is no prospect of war. Soonruth Bunyamanee is deputy editor,
and remains very much a minority taste.
Marine Le Pen is no closer to the French
cism over transparency and vulnerability able if it enables the country to fulfil such Bangkok Post. presidency than her openly fascist father
was 15 years ago: the National Front vote
never breaks through the 25% ceiling.
Pace of Fed rate hikes points to some relief in Asia And the hard-right, anti-immigrant, anti-
EU Alternative for Germany party has
lost its leader and one-third of its popular
support in the past month.
The prolonged low interest rates encour- Some of this is simply disillusionment.
age more risk-taking behaviour for financial Significant numbers of Europeans were
institutions and households. Many finan- initially tempted to back local populist
ECONOMICS cial institutions with committed liabilities, parties by the sheer flamboyance of Mr
such as insurance companies and pension Trumps US electoral campaign. After all,
PORNPINUN CHANTAPA
P CDEPONG funds, are pressed to invest in riskier and Europeans also worry about immigration
higher-return assets to maintain their and terrorism and unemployment, and
financial viability. his rude and crude rhetoric seemed to
A
fter almost a decade of unconven- Some households are likely to consume validate the similar language of their own
tional monetary policy, a modest less and save more as they struggle to build populist leaders.
tightening cycle in the US is finally up sufficient retirement savings, while some The populist wave that seemed to
under way. The recent decision to hike opt for higher returns without awareness of be sweeping through Western politics
the benchmark US federal-fund rate by 25 the risk in alternatives such as depositing turns out to be merely a storm in the
basis points, and the signal for two more money in shadow banking institutions much smaller teacup known as the
rate hikes this year, followed by monetary People walk along for instance saving cooperatives, mutual Anglosphere. Its only known this way
tightening in China, has created market a busy street in funds, and asset management companies. to Europeans, who use the word, often
expectations that the long cycle of low and Pudong financial The too-low-for-too-long interest rates tinged with contempt, to describe the
falling interest rates in Asia could be over. district in may eventually induce changes in market deregulated economies and market-
However, over the two days following Shanghai, China. structures that increase the fragility of the obsessed politics of the post-Reagan
the Federal Reserve decision, Asian cur- Despite signs of financial institution system and pose chal- United States and post-Thatcher United
rencies strengthened as capital flowed economic recovery lenges to prudential policies worldwide. Kingdom. (Australia occasionally gets an
back into their bond and stock markets. in the US, high The disinflationary pressure seems to be honourable mention too.)
This is partly because the Fed rate hikes are volatility is easing due to higher oil prices. A gradual For a quarter of a century the politics
gradual and less aggressive than expected. continuing and Fed rate hike confirmed a strong economic of the Anglosphere has been consistently
Before that, the expectation was that a Fed Asian economies recovery in the US, which should improve subservient to the market even when
rate hike would create financial stress for must prepare for a the economic sentiment and outlook in purportedly left-wing leaders like Bill
Asian economies that have high US dollar rough ride. Asia. This should provide room for mon- Clinton and Tony Blair were in power.
debt, a weak current account balance and REUTERS etary policy in Asia to be less accommoda- The result, as you would expect, has been
a high proportion of foreign holdings of tive in the future to take care of domestic somewhat higher economic growth rates,
government bonds. Switzerland, Sweden and Denmark flows, currencies and asset prices have been expansion) and the announcement of the financial stability issue. and a rapidly widening gulf between the
However, it could bring great relief to adopted negative interest rates from mid- part of Asias landscape since the global US presidential election on exchange rate Nevertheless, Asian economies must incomes of the rich and the rest.
Asian economies that have strong eco- 2014 to early 2015. Japan followed in Janu- financial crisis. In addition, US dollar- and capital flows in Asia were more drastic. prepare for a rough ride as high volatil- The rest of the West has not been
nomic fundamentals and external positions ary 2016, and Hungary followed suit in denominated debt has been increasing in This implies that to a very large extent, the ity remains an issue. Market expectations immune to this political fashion, but
such as a strong current account position, March, the first emerging market to do so. many countries in Asia following the global dollar interest rate is the dominant factor become more volatile and are sensitive to it has been far less prominent in the
high foreign currency reserves, and low The implications of ultra-low and nega- financial crisis. for Asia. Nevertheless, the negative interest the uncertainty on the pace of the interest countries of the EU (and even in deviant
external debt and liability. tive interest rates for Asia have been a cru- The second issue is the implication of rate policy could cause an indirect effect rate hike in the US. anglophone countries like Canada and
The threat to financial stability from cial question among Asian central bankers. the negative interest rates policy in par- by signalling a low for long interest rate Fortunately, Asian economies learned New Zealand). Now the disparity in
the too low interest rates for too long is Two key issues must be considered. ticular. It can be considered as an exten- cycle in advanced economies. In addition, valuable lessons from the 1997 Asian finan- incomes between the 1% and the 99% has
becoming a serious issue and the appropri- The first is the implication of ultra-low sion of the quantitative easing policy. The it previously created market expectations cial crisis as a result, their financial con- grown so great in the heartlands of the
ate tightening cycle in the US could relieve interest rates in general, namely a near side effects of the negative interest rate that policy normalisation would be delayed dition, external position and monetary poli- Anglosphere that the political chickens
these worries. zero interest rate policy and the uncon- policy are not clear. Announcements of the elsewhere, especially in the US. cies are now in far better shape. are coming home to roost.
ventional monetary policies introduced negative interest rates neither resulted in However, Asia is facing headwinds. Cen- The response in both the United States
ECONOMIC THREAT by advanced economies following the obvious structural shifts in exchange rates LINGERING LOW RATES tral banks must preempt risk in the finan- and the United Kingdom is not real pop-
Ultra-low and negative interest rates in 2008 global financial crisis. In Asia, asset and capital flows to Asia nor brought an The prolonged low interest rates have been cial sectors, as well as monitor markets ulism, which for all its faults does at least
advanced economies are a concern to prices are influenced more by advanced immediate and obvious reduction in the around for nearly a decade in advanced and tighten regulations on market players try to shrink income inequalities. It is
financial markets and policymakers world- economies policies than by Asian coun- bond yield in Asia. economies and in Asia. Authorities needed if necessary, and at the same time ensure standard right-wing politics in a populist
wide. Policy interest rates plunged to zero tries policies and fundamentals. The low Instead, there was a continued declin- to ease their monetary policy to address economic stability. In addition, the central style, using nationalism to distract the
when central banks in advanced econo- interest rates in advanced economies have ing trend in the government bond yield disinflationary pressure and keep the inter- banks must communicate their monetary victims from the fact that these govern-
mies eased credit and applied quantita- sent international capital flowing into Asian following quantitative easing for several est rate spread with the US appropriate to policy and financial stability objectives in ments actually serve the rich.
tive easing. The central banks then imple- equities and government bonds, boosted years and this continued after the negative prevent an influx of international capital a much more systemic manner. Move along, please. Theres nothing
mented a negative interest rate policy, an Asian currencies, artificially inflated equity interest rates. flows. With this, they have increasingly new to see here.
unconventional way of encouraging private prices, and pushed down yields on Asian The impacts of the taper tantrum in faced difficult tradeoffs between price and Pornpinun Chantapacdepong is a research
consumption and investment. government bonds. May 2013 (when the Fed first mentioned output stability on the one hand, and finan- fellow at the Asian Development Bank Gwynne Dyer is an independent journalist
Central banks in the Eurozone, As such, volatile international capital the idea of gradually reducing monetary cial stability on the other. Institute. whose articles are published in 45 countries.
10 I SPORTS Bangkok Post I WEDNESDAY, APRIL 26, 2017
Cubs swatPirates aside, Selby, Fu, Hawkins into last 8 champions, Capitals coach Barry Trotz
said. We know how good they are. They
knocked us out last year, so we get a chance
Roma 33 24 3 6 74 28 75
MOTORSPORT BASEBALL
Cubs 14, Pirates 3; Brewers 11, Reds 7; Ori- SCORES and STANDINGS Napoli 33 21 8 4 77 35 71
Ratchanokeyes upturn at
Asia Championships event
World No.10 Ratchanok Intanon will be there are still a lot of tournaments in the
trying to win her first title of the year at the second half of the year for her to earn
Asia Championships which begin today in ranking points.
Wuhan, China. Also in the womens singles, world No.12
The sixth-seeded Thai will face world Busanan Ongbamrungphan will take on
No.33 Chen Xiaoxin of China in the No.11 Chen Yufei of China, No.15 Nitch-
first round. aon Jindapol will be up against No.42 Pai
Having failed in the defence of her India, Yu Po of Taiwan, and Pornpawee Chochu-
Malaysia and Singapore titles this month, wong will meet No.30 Chiang Mei Hui, also
Ratchanok is hoping to improve on her from Taiwan.
performances in those three tournaments. In the mens singles, No.11 Tanongsak
She reached the quarter-finals in India Saensomboonsuk will begin his campaign
and Malaysia and crashed out in the first against a qualifier.
round in Singapore. In the mixed doubles, No.11 pair
However, the 22-year-old star, who Dechapol Puavaranukroh and Sapsiree
reached the All England final last month, Taerattanachai, runners-up in Singapore,
said she had not yet reached full strength will play Ronald Alexander and Melati
after returning from an injury lay-off. Daeva of Indonesia.
The 2013 world champion said she In the womens doubles, No.9 pair Sap-
was not worried much about her results siree and Putita Supajirakul will face Malay-
in the opening stages of the season as sias Vivian Hoo and Woon Khe Wei.
Sharapova set to make return Ratchanok Intanon during the Malaysia Open this month. AFP
FOOTBALL
beginning of 2016, ends today, just in time the same way as [for] other tournaments. I said Sharapova will find out the week
Opponent opposes wild
cards after doping ban
to enter the opening round of the indoor
clay tournament she won three times in a
row from 2012-14.
Vinci joined the likes of Caroline Wozni-
will just play my game, stay focused.
Vinci expected a lot of the crowd on
Wednesday to be [cheering] for her. But I
dont know about the players. A lot of play-
starting May 15 if she can compete at the
French Open, which starts two weeks later.
The Russian was suspended after test-
ing positive for heart drug meldonium at
Dortmund hope to
STUTTGART: Maria Sharapovas first
opponent after her 15-month doping sus-
pension says the Russian should not have
acki, Dominika Cibulkova, Agnieszka Rad-
wanska, and Angelique Kerber in speak-
ing out against wild cards for players who
return from a doping suspension.
ers will agree with me on the wild card.
Vinci lost all four sets and scored only
four games in total during her two previ-
ous matches against Sharapova, but those
the 2016 Australian Open.
Sharapova has also been handed a
wild card into the Italian Open in Rome
next month.
end Bayerns dream
been granted a wild card for the Porsche I know [Sharapova] is important for were played on hard-court, 10 and five Now the French Open and possibly BERLIN: Thomas Tuchels Borussia Dort-
Grand Prix or upcoming tournaments. the tennis, for the WTA, for everything, years ago, respectively. Wimbledon must decide whether to give mund hope to add to Bayern Munichs
Roberta Vinci, who will face Sharapova Vinci said. She is a great person, a great On a different surface and against an an entry to Sharapova, a former champion recent woes in tonights crunch German
in a highly anticipated first-round match player, a great champion, but this is opponent who is lacking match play, the of both Grand Slams. Cup semi-final to end Carlo Ancelottis bid
late today, does not agree with organis- my opinion. Italian fancied her chances. The FFT said that the decision will for the domestic double.
ers giving Sharapova a free passage into The 36th-ranked Vinci, who reached a I know its tough to return after a long be taken the week of [Monday] May 15, Both Bayern and Dortmund had their
the main draw of their events. career high 10th a year ago, said she would time, Vinci said. She is probably happy without giving further details. Champions League campaigns ended last
She is a great player and I have noth- try to forget about the wild-card debate about her comeback... but practice is a Sharapova, who has titles at all four week by Real Madrid and Monaco respec-
ing against her. She paid for her mistakes, when stepping on court on today. little bit different from a match. You have majors, won at Roland Garros in 2012 tively in the quarter-finals, but they meet at
Vinci said on Monday. She can return to Its an interesting match for sure, a to be focused every single point. and 2014. the Allianz Arena for a place in Berlins cup
play but without any wild cards, without difficult match, a tricky match but I am Sharapova wont be allowed to access The 30-year-old Sharapova was among final on May 27.
any help. happy. I am excited to play against Maria, any tournament facilities before her sus- more than 100 athletes who tested positive Bayern are runway leaders in the
Sharapovas suspension for using heart the 2015 US Open finalist said. For me its pension officially ends today. after meldonium was banned in sport last German league and had been hoping for
drug meldonium after it was banned at the a normal tournament. I am preparing all in Earlier, the French Tennis Federation year. AP a place in the Champions Leagues semi- Dortmunds Thomas Tuchel. AFP
finals before a Cristiano Ronaldo-led Real
FOOTBALL
Spurs still believe, says Lloris Reals title credentials to be Newcastle manager Rafa Benitez. REUTERS
Uber urges
licensing
framework
Ms Siripa said Uber is suggesting two
Malaysian model regulatory models for Thai authorities.
Malaysias licensing model suits Thai-
proposed to regulator lands business conditions, she said. Several
In Malaysia, ride-hailing service commercial banks
providers must apply for an operating have partnered
SUCHIT LEESA-NGUANSUK licence and drivers must have a driving with oil firms to
licence. Service fares are determined by roll out marketing
Uber Thailand has proposed that local the market. promotions such
authorities impose a licensing system to We hope to reach a resolution with as credit card
legalise the burgeoning ride-hailing ser- the DLT by 2017, Ms Siripa said. cashback offers to
vice industry, following a model like the She insisted that Uber is committed drive consumer
one in Malaysia, where the government to the Thai market, where the usage of traffic. PORNPROM
finally drew up rules for app-based public smartphones continues to proliferate. SATRABHAYA
transport network companies. The company has enjoyed high growth
A
In March, the Department of Land rent legal hurdle has dented potential lthough global oil prices have introduced it had 100,000 cardholders. The Sales at our new petrol stations reached company wants to be the fourth-largest oil
Transport (DLT) and police caught and users confidence in the service. rebounded more than 60% from company wants 1 million cardholders by an average of 1 million litres a month from retailer in Thailand within three years.
fined dozens of Uber drivers because Uber is trying to make local authorities the record low of US$30 a barrel the end of this year. 500,000 litres, Mr Chaiwat said. PTG has maintained its strategy started
authorities said the ride-hailing service understand that ride-hailing can help the during 2014-16 to a range of $50-55, oil Susco announced its revenue goal this He declined to give further details about two years ago, switching from selling to
disrupted the traditional public transport country reduce urban traffic, she said. demand remains high, encouraging oil year is a new high of 19 billion baht, or capital expenditure used for promotion the industrial and fisheries sectors to truck
system and encouraged Thais to break Uber has continued to expand services retailers to run promotional campaigns to 50.6% growth from the previous year, based and renovation. drivers and sedan drivers instead.
the law. in Thailand this year, launching in Chiang attract motorists. on its campaign. Bangchak expects Thailands fuel The firm also diversified into non-oil
Ms Siripa said Uber remains com- Rai and Pattaya after its start in Bangkok Thai retail oil demand has seen dou- Another major oil retailer, mostly state- demand this year will grow by 4%. The businesses using a new marketing strategy.
mitted to creating reliable transport and Chiang Mai. ble-digit growth over the past few years, owned Bangchak Corporation Plc, also company claims a 15.6% market share of We could cut off our fat, trying a lean
for everyone. The company recently partnered with thanks partly to massive sales campaigns expects a big growth year. the retail market, second to the countrys business strategy by improving our logis-
We continue to work with authorities mobile messaging app Line to allow Uber from major oil retailers, including mileage In March, Bangchak announced its oil and gas conglomerate PTT Plc, which tics system and managing our oil depots
to make clear the benefits of ride-hailing riders to place a direct call for its service. cards and lucky draws. retail sales volume from retail petrol sta- owns a 40.5% share. efficiently, said PTG chief executive
in the country, she said. Uber operates in 450 cities in 74 coun- Some retailers renovated their petrol tions grew 10% each month the first three SET-listed PTG Energy Plc also Pitak Ratchakitprakarn.
Four countries in Southeast Asia tries. As of June 2016, Uber had logged 2 stations to offer extra services to motorists months year-on-year to 330 million litres. announced an aggressive marketing cam- PTGs marketing campaigns include
Singapore, Malaysia, Philippines and billion trips globally, or more than 5 mil- such as more parking space for the disabled That excludes the petrol sold to state enter- paign as it aims to be the nations largest mileage cards and advertisements on
Indonesia have licensed Uber. It lion trips a day on average. and vendor stalls for locals. prises and other government agencies via oil retailer, increasing its stations to 1,800 many channels.
is in a pilot project phase in Vietnam The company boasts 1.5 million driv- The collapse of global prices started the wholesale contracts. by 2020 from 1,220 stations now. PTT has Auttapol Rerkpiboon, senior executive
and Myanmar. ers around the globe. oil retail war in 2014, as retailers cut the President and chief executive Chaiwat around 1,400 stations now. vice-president for PTT, said the company
prices of several types of petrol. Retailers Kovavisarach said the rise in sales was PTG has therefore set aside up to 5 bil- launched an environmentally friendly
allocated huge amounts of capital to reno- largely because of its renovation of petrol lion baht of capex for expansion this year. design at its petrol stations and increased
vate their petrol stations and launch non-oil stations and expansion to include non-oil After PTG recovered from massive debt parking lot space to aid the disabled and
services and goods in the stations. businesses at its stations. in 2007, it listed on the SET in 2013. The women to attract motorists.
SET-listed oil retailer Susco Plc, whose Around 100 stations have been reno-
traditional clients were large vehicles, vated with this new style so far this year,
buses and trucks, changed gears to focus serving rising demand during the Song-
on personal vehicles, starting the Susco kran period, when many Thais drive to their
Smart Member campaign using mileage home province. Another 100 stations are
cards. The mileage is verified by the clients scheduled to be renovated by year-end.
Siripa Jungsawat,
mobile numbers, eliminating the need to
present a card.
We are targeting a new generation PTT also plans to distribute local prod-
ucts from the One Tambon One Product
general manager
of Uber Thailand,
We are targeting a new generation who
hold a lot of cards for several purposes, and who hold a lot of cards for several (Otop) scheme at its stations.
Our promotions will not just promote
says Malaysias
licensing model
they can sometimes forget or lose a card.
Our phone number verification simplifies purposes. Otop products. They should display our
reputation and show our hospitality, Mr
suits Thailands the process, said Susco executive chairman Auttapol said.
business Pimuk Simaroj. PIMUK SIMAROJ This year PTT has allocated 14 billion
conditions. A few months after the scheme was SUSCO EXECUTIVE CHAIRMAN baht in capex for its oil business.
B2 I BUSINESS NATIONAL Bangkok Post I WEDNESDAY, APRIL 26, 2017
DV awards
Long-term corporate DEBT INSTRUMENTS OUTSTANDING AS OF MARCH 2017
real sector fell by 13%, while issuance in
the banking and finance sector fell 37% as
a result of switching to long-term bonds.
non-investment grade long-term bond
issuance by real sector companies after
the B/E defaults, he said.
three startups
debt rose 41% in Q1 Short-term = B388bn
(12.5% of total corporate bonds outstanding)
The number of new short-term issuers
in the real sector fell by 17.
Ariya Tiranaprakit, senior executive
Earlier, companies that had planned
to issue long-term bonds and were rated
non-investment grade (below BBB-)
cash prizes
DARANA CHUDASRI Rating Sector vice-president of the TBMA, said the issu- would not reveal their grades. Those
PAWEE SIRIMAI Non-rated B95bn 3% Banking and nance B142bn 4% ance of short-term rated bonds declined by firms normally prefered to issue non-rated SOMRUEDI BANCHONGDUANG
Rated B293bn 9% Non-nancial B246bn 8% 11% and those of investment grade (rated long-term bonds and raise funds from
Long-term corporate bond issuance grew institution sector BBB- to BBB+) dropped 22%, while those high-net-worth investors. Digital Ventures (DV), a Siam Commercial
in popularity among private companies in with high credit rating scores ranging from The amount [of non-investment grade Bank (SCB) venture capital unit with a focus
Issuer Sector
the first quarter after numerous defaults in A- to AAA+ stayed unchanged from last bonds] may not significant but this is just on financial technology (fintech) firms,
non-rated short-term bonds. Listed B221bn 7% 151 Banking and nance B142bn 4% year. the beginning after the B/E defaults, he has picked three startup winners under
companies Non-nancial B246bn 8%
The overall picture of corporate bond Meanwhile, other non-rated bonds said. its accelerator programme and is offering
Non-listed B168bn 5% 333 institution sector
issuance in the first quarter changed released by issuers to use on their own At the end of March, outstanding value them venture capital and help.
companies
after many bill of exchange (B/E) issuers without relating to other group businesses for bonds was 11.3 trillion baht, up 3.4% It will provide them both finance and
defaulted in the fourth quarter of 2016, also fell in terms of issuer numbers and year-on-year. Average daily trade in the non-financial assistance, including legal
Type of debt
said Tada Phutthitada, president of the value, declining by 7.54 billion baht or 11% secondary bond market was 92 billion help, and solicit fundraising by seeking list-
Debenture B280bn 9%
Thai Bond Market Association (TBMA). year-on-year, said Ms Ariya. baht, up 0.1%. Government and corporate ing on a bourse to strengthen their business
Long-term corporate bonds grew by Bill of exchange B97bn 3% Mr Tada said that while the total value of bonds had higher liquidity, while the trade operations over the long run, said executive
Note: % change
41% year-on-year to 183.4 billion baht in compared with Dec 2016 Other B12bn 0% short-term non-rated bonds has declined, volume of Bank of Thailand bonds fell. committee member Thana Thienachariya.
the first quarter. transactions have become more secure Outstanding foreign holdings of Thai The three winners were chosen from
Source: Thai Bond Market Association POSTgraphics
As a result of the effects of the B/E under the Secured Transaction Act as bonds amounted to 696.1 billion baht, rep- 10 startup teams in the final round of DVs
defaults, firms are avoiding refinanc- issuances are collateralised by the major resenting 6.2% of the Thai bond market. first accelerator programme called DVAb0.
ing risks by switching to long-term the non-investment grade bond market short-term issuance was 453.6 billion baht, shareholders stocks or by the companies Net foreign fund flows to the bond market There were 150 applicants for the project
issuance,said Mr Tada. The amount is emerging. down 25.6% year-on-year. land asset collateral. totalled 69.0 billion baht, 84% of which that began six months ago. DV also pro-
of short-term issuance declined, while For the first three months, total Of the total, short-term issuance in the We have also seen the emergence of went to long-term bonds. vided initial fund-
ing of 300,000 baht
per team.
DERIVATIVES FINANCE The 10 teams
included both
Resolving
East Asia and Pacic APEC
POST REPORTERS
A
Thai business owner in Chiang Mai Thailand has now made further Starting a business
insolvency
might open a small resort serv-
ing local people as well as tour- BY INVITATION improvements in the business environ-
ment a top policy priority.
The Securities and Exchange Commission
(SEC) has urged investors inChai Watana
ists. It would probably take him about The Prime Ministers Office and the Dealing with Tannery Plc (CWT) to become informed
two months to set up his business after Finance Ministry have led the reform Enforcing construction and exercise their voting rights regarding
finding the location, staff and getting the effort, under the leadership of Deputy contracts permits the companys plan to buy a biomass power
company registered. He would find it Prime Minister Somkid Jatusripitak. They plant through subsidiary Koak Jareoun
reasonably easy to start his business. ULRICH ZACHAU asked the Office of the Public Sector Green (KE).
At the same time, a foreign inves- Development Commission (OPDC) to For the shareholder meeting slated for
tor living in Vietnam and considering serve as the coordinating body for all April 27, 2017, the SEC has asked share-
Trading Getting
whether to invest 3 million baht in remained broadly flat in recent years business environment reform efforts. The holders to thoroughly study the details and
across electricity
Thailand to start a restaurant might while other advanced middle-income World Bank Group is pleased to support exercise their rights to protect their own
have a different experience. She would countries have been catching up or pull- this important reform initiative and con- borders
benefits and question CWT executives
likely find the process a bit complex ing ahead. Singapore has been ranked tribute to Thailands efforts to strengthen and directors so as to obtain the necessary
and challenging. Most websites with the first or second for many years. Improving the business environment. information for making a decision, the SEC
relevant information are written in Thai, the business environment further and The work of the governments Doing said in release.
the paperwork involved in registering attracting more investments will be criti- Business task force has focused, with Registering The regulator has questioned whether
Paying taxes
a company can be pretty daunting for cal for Thailand to increase its integration World Bank Group support, on identify- property the tanner and maker of automotive seats
foreigners, and getting work permits and into regional and global value chains, ing key reforms to strengthen the busi- and car decor is making the investment
a business license can take longer than become an economic powerhouse in ness environment across ten areas: start- decision cautiously and for the utmost
expected. the Asean region, and realise its vision to ing a business, dealing with construction Protecting minority Getting credit benefit of shareholders.
Thailands business environment plays become a high-income economy. permits, getting electricity, registering investors The SECs prompting came after CWT
a pivotal role in attracting private invest- Measures to ease starting a new property, getting credit, protecting had already paid the final 20 million baht for
ment, both Thai and foreign, and these business, accessing credit for small and minority investors, paying taxes, trading Score: 100 = Global best practice the deal. The company was only required
experiences could be reflective of many medium enterprises (SMEs) to facilitat- across borders, enforcing contracts, and to make that payment once the seller had
peoples sentiments in trying to set up a ing trade all go a long way to realising the resolving insolvency. Thailand EAP APEC met all of the contractual conditions for the
business here. objectives laid out by the government. Most of the key reforms focus in Starting a business 87.01 82.03 88.43 arrangement, which it has yet to do.
A strong business-friendly environ- Recent critical reforms include an update particular on how to ease business entry Dealing with construction permits 75.65 69.96 75.04 CWT will hold its annual general meet-
ment makes it easy for people to invest, of the Customs Act to international stand- and operation for SMEs, by reducing Getting electricity 83.22 71.83 82.82 ing tomorrow, with the biomass power
start and run a business, and improves ards, which could shorten the time for complexity, cost of regulatory pro- Registering property 68.34 56.72 72.29 plant on the agenda.
the competitive position of Thai busi- clearance audits and investigations, as cesses, increasing transparency securing Earlier, an independent financial adviser
Getting credit 50 53.60 69.76
nesses in global markets. It also benefits well as the introduction of an electronic property rights, and increasing access raised red flags on some conditions in the
people. Small business owners, who ID system that would replace the need to to credit. Some of these reforms have Protecting minority investors 66.67 52.07 63.95 deal, including the sales agreement requir-
create most jobs and are responsible present physical state certified copies to already been introduced in the past Paying taxes 68.68 72.16 76.48 ing KE to buy Eucalyptus bark used as raw
for the well-being of many families in access public services, a significant sim- month. Trading across borders 84.10 68.08 76.57 material for the power plant from Kaew
Thailand, gain. Consumers who can buy plification of bureaucratic requirements. Reform actions range from short-term Enforcing contracts 64.54 52.91 65.51 Lumduan Group Co. Ltd (KLG) at a quantity
better goods and use services offered Thailand has undertaken key reforms measures that would include greater Resolving insolvency 77.08 40.33 65.80 not justified by real demand or the facilities
from more businesses gain as well as aimed at simplifying starting a busi- clarity in specific acts like the Business current production capacity.
a strong business environment means ness and paying taxes. In 2016, Thailand Security Act to help SMEs access funds to Furthermore, the sales contract does not
faster, better, and cheaper services for introduced reforms that made business longer term measures such as completing Source: World bank POSTgraphics include penalties for compensation in the
people living in Thailand. registration simpler by creating a single the full implementation of the National event that KLG fails to supply the requisite
Thailand still has a good business window for registering payments and Single Window system for all agencies implementing public infrastructure find Thailand an attractive place to invest. raw materials, the independent financial
environment by global comparisons, started to provide credit scores to banks and categories of goods to achieve a fully investments, developing skilled workers They will be able to bring capital, create adviser said.
as measured by the World Bank Doing and financial institutions. It has made paperless process for the clearance on through quality education, and promot- more and better jobs, and help the Thai Chai Watana Export Co Ltd is 79.99%
Business report, which measures the importing and exporting easier by intro- import, export and transit goods. ing innovations, will all be critical to economy grow faster, resulting in higher owned by CWT through Chai Watana Green
ease of doing business in 190 economies ducing electronic submission of customs Continuing these reforms to promote improve the countrys competitiveness. incomes for more people to improve their Power, while the remaining 20% stake is
globally. Last year, Thailand ranked 46th, declarations. Further trade-related a better business environment are key As Thailand makes it even easier to do families well-being and lives. held by KLG.
retaining a spot among the top 50 econo- reforms will be an important priority, for Thailand to realise its 20-year strategy business, Thai and foreign entrepreneurs CTW shares closed yesterday on the SET
mies for ease of doing business. especially as Thailand seeks to increase and Thailand 4.0. They will not guarantee alike from a small Thai business owner Ulrich Zachau is the World Bank country at 3.14, down 18 satang, in trade worth 6.1
However, Thailands score has foreign investment in the country. success, but they will help. In addition, to a foreigner living in Vietnam will director for Southeast Asia. million baht.
WEDNESDAY, APRIL 26, 2017 I Bangkok Post NATIONAL BUSINESS I B3
BNH offers
OCSB to scrap quotas emergency
to avoid WTO rift
services via
APORNRATH PHOONPHONGPHIPHAT
FINANCE ELECTRICITY
CPF invests
Office tower, luxury
strong demand for office space, especially
Grade A.
The occupancy rate of the overall office
will comprise construction cost of 2 billion
baht and rent of 3.3 billion. Construction
will start in April next year as the existing
accounting for 2.5%.
Chief financial officer Sataporn Amorn-
vorapak said the company expects revenue
condo project worth 3.2 billion baht with
268 units priced above 200,000 baht per
sq m. It is located on a two-rai plot on
B25bn in
residences planned market is higher than last years 90%.
The investment opportunity in the
office sector is attractive, Mr Lee said. It
tenants lease contract expires at the end
of 2017. It is scheduled to take four years
to complete.
to dip 10-15% this year as its completed
projects with remaining units for sale and
those ready to transfer were difficult to sell.
Soi Pramuan.
In 2018, Raimon Land plans to launch a
high-end single-house project with 20-25
foreign work
KANANA KATHARANGSIPORN can generate recurring income to reduce Raimon Land has an eight-storey office A majority of the completed, unsold units on a 3.5-rai plot on Soi Prasath Suk
volatility and stabilise cash flow for the tower for rent, Space 48, with a lettable area units are at Unixx, a condo project in Pat- in the Sathon area worth 1.1 billion baht. POST REPORTERS
SET-listed developer Raimon Land Plc company in the long run. We expect to of 2,200 sq m and 94% occupancy last year. taya with 1.17 billion baht worth of remain- We are very selective in choosing plots
(RML) plans to invest 5.3 billion baht in have an even split of income from resi- It is located on Ratchadaphisek Road near ing units, some 35% of its total completed to ensure a good margin, taking our time to Charoen Pokphand Foods Plc (CPF), the
developing an office tower on Phloenchit dential sales and office rents in the future. Sutthisan MRT station and was started four unsold units worth 3.33 billion. do a comprehensive market study and pro- SET-listed subsidiary of agribusiness giant
Road, spending another 4.8 billion to Last November, Raimon Land signed a years ago. After not launching any projects since ject design before a launch, said Mr Lee. Charoen Pokphand Group, is investing 25
launch three new luxury residential pro- 30-year lease contract starting from 2022 In 2016 the company recorded 851 June 2015, Raimon Land will resume with We will remain focused on this strategy billion baht this year to accommodate its
jects in the Silom and Sathon areas during to rent a six-rai plot on Phloenchit Road million baht in net profit, down 5.6% two projects this year. One is Mews Yen amid a slowdown in the property market overseas investment expansion, aiming
2017-18. opposite Central Embassy to develop a from 2015, on revenue of 5.2 billion baht, Akat, a semi-detached house project with and the economy. to enlarge foreign revenue over the next
Chief executive Lee Chye Cheng said Grade A office building with a total letta- up slightly from 5.14 billion baht a year eight pre-built units worth 499 million baht RML shares closed yesterday on the five years.
the Bangkok office sector is one of the ble area of 70,000-80,000 square metres. before. Of total revenue, income from non- on Yen Akat Soi 2 in the Sathon area. SET at 1.40 baht, down two satang, in trade Adirek Sripratak, CPFs president and
most promising markets because of The total investment of 5.3 billion baht residential business was 133 million baht, The other is The Loft Silom, a 37-storey worth 9.87 million baht. chief executive, said more overseas invest-
ments will help ensure sustainable reve-
nue growth.
AUTOMOTIVE The company wants to raise revenue
from overseas operations over the next
T
he startup trend continues to and open, Mr Narong says. The first company he established earned
pick up steam. For every entre- He says Vnet is now ready to invest in 34 million baht in revenue during its first
preneurial venture, one primary companies ranging from startups still in year of operation, all through the sweat and
mission is to find an investor con- their infancy to small and medium-sized toil of seven staff members. That business
fident enough in its potential to enterprises (SMEs) seeking funds for expan- later grew to a 350-strong staff generating
provide funding. sion. As it stands, Vnet will not invest more 20 billion baht annually.
Narong Intanate, founder and chairman than 100 million baht in each company. But today he no longer holds any share
of Vnet Capital Co, a venture capital firm, Also, while Mr Narong prefers getting a in VST ECS, having retired from all of his
is certainly no stranger to accomplishing majority stake in any investment, as that positions at the company earlier this year.
that goal. will allow Vnet much coveted managerial Like most companies, VST ECS has been
The Bangkok Post talked with Mr power, any companies that are brimming through thick and thin. The companys first
Narong, now 60, about his long and varied with potential are still worth acquiring a major challenge came during the financial
investment experience and the many les- minority shareholder position in. crisis in 1997. Due to the fallout from the
sons he has learned along the way. Now we are open to good opportuni- crisis, Mr Narong was forced to sell off 50%
Since its inception in 1999, Vnet has pri- ties, he says. We have expanded from of his shares to foreign partners so that the
marily focused on investing in the IT sphere focusing on tech startups to SMEs in any company could stay above water.
and dotcom industry. industry, and we can have everything from Later, in 2009, he sold his remaining Mr Narong says
In the early days, those who could a tiny slice to 100% acquisition. The point stake in VST to a Singapore-based venture Vnet is now ready
understand how the world wide web infor- is that whatever we are investing in, it must fund. But he still kept his position as execu- to invest in
mation space actually worked were few and have potential. tive chairman until February this year. companies ranging
far between. Mr Narong has also set a time Since retiring from VST ECS at the end from startups still
I was focusing only on tech startups at frame to evaluate the performance of of February 2017, Mr Narong has had more in their infancy to
that time, which was almost 20 years ago, each investment. time to focus on Vnet. small and
Mr Narong says. The aim of every investment is to make In 2017, Vnets investment strategy will medium-sized
In the beginning, things ran far from money in five years, through dividends entail focusing on lifestyle-related busi- enterprises (SMEs)
smoothly; it took him almost four years or capital gains from listing on the stock nesses, which are increasingly popular and seeking funds for
before realising that his investment policy market, he says. provide high returns. expansion.
itself was the main problem. Mr Narong has been in the IT industry Among those investments are a maker of
During that period, Mr Narong spent 500 for 34 years. He started off as an employee whey protein, which is particularly popular Vnet is also looking at opportunities in to list on the stock market by 2022, Mr has invested in.
million baht investing in 12 tech startups, at an IT firm in 1988 until he founded an among fitness addicts, as well as a Euro- the service industry, especially those busi- Narong says. One of them happens to be The subsidiary is expected to boost Vint-
only one of which is still up and running: IT products distributor, VST ECS Thailand, pean firm involved in food (particularly nesses that would have a lot to gain by using AME Technology, the only survivor from coms revenue to 2 billion baht in 2018 from
AME Technology. formerly known as The Value Systems Co. pastries) and drinks. IT systems to boost their efficiency, espe- Vnets early days. 1.2 billion at the end of 2016.
We invested in startups way too early, cially with regard to logistics and document Another is Vintcom Technology Co, a The IT service business in Thailand has
he says. Before the millennium, the IT and management services. provider of consulting services and infor- grown strongly at 16-18% annually over
internet infrastructure was not yet ready And when it comes to investing in tech mation technology for enterprise distribu- the past three years, while the wholesal-
and still lacked government support. startups, Vnet is being decidedly more tors, which is seeking to list on the Market ing and distribution of IT products, which
In 2003, Mr Narong shifted from invest- selective, only focusing on those firms that for Alternative Investment (MAI) by the is Vintcom and VST ECSs core business,
ing only in technology firms to the auto are inventing disruptive technologies or second or third quarter of this year. has grown at a single-digit pace due to the
RETAIL
INDUSTRY
TECHNOLOGY
Yahoo chief
will rake in
$186m after
sale of unit
VINDU GOEL
T
ers leadership, long-held investments in
he tiny city of Apalachicola, about restoring the shotguns was that a Alibaba Group Holding Limited, Chinas
Florida, is well known in pres- 1970s-era zoning change had imposed leading e-commerce company, and Yahoo
ervationist circles for its abun- larger lot requirements on Hill homes if Japan, an affiliated company controlled by
dance of restored 19th-century they became unoccupied for longer than SoftBank Group Corp, increased in value,
buildings, but when it comes to six months. driving up Yahoos stock price.
affordable housing, the Gulf Coast com- The zoning effectively made the revi- The sale to Verizon will leave those two
munity comes up short. talisation of this neighbourhood impos- investments, along with other assorted
28% of the population in Franklin sible for anyone who could not pay cash, assets like a patent portfolio, in a new com-
County pays 40% of its income for hous- said Carey Shea, the executive director at pany called Altaba. The management of
ing, said Jeffrey Sharkey, a political con- Project Home Again in New Orleans, the that company will seek to unlock the value
sultant from Tallahassee, Florida. non-profit housing developer, who had of its $44 billion stake in Alibaba and its $9.5
Sharkey is one of the investors in worked with Brown. billion stake in Yahoo Japan while minimiz-
Denton Cove, a proposed multi-family If the programmes beneficiaries could ing a $15 billion tax bill that Yahoo esti-
housing development that has divided the not get mortgages, Shea said, her company mates would be due on an outright sale.
community and prompted a discussion would have withdrawn from the project, Yahoo said in its filing that Altaba was
about whether the citys housing problem despite her feeling that it has benefits over more likely to sell its Yahoo Japan stock
should be solved with new homes or the Denton Coves more traditional plan. than sell its Alibaba shares, but it gave no
historic ones that are its legacy. She said the job-training and home- further details. Altaba will be led by Thomas
Denton Cove would be a 52-unit clus- ownership components would result in McInerney, the Yahoo director who led the
ter of town homes built on the site of a a revitalised neighbourhood, affordable Verizon sale process.
decommissioned high school and paid for housing and job creation. The filing also disclosed that Yahoo
through the sale of Housing and Urban Im lobbying to modify the zoning invested in Snap Inc, one of Silicon Val-
Development low-income tax credits. restrictions that impede the shotgun pro- leys hottest companies, buying 2.3 million
It would have been the only $10 million ject, Brown said. shares in a March 2015 fundraising round
residential development in the city in the There are 100 historic houses that are that priced the shares at $10.86. After a
previous 30 years, Sharkey said. empty, waiting for low- and moderate- stock split that doubled the number of
But residents of Apalachicola, popula- income Apalachicolans to live in them, shares Yahoo owned, Snap went public
tion 2,340, challenged the plan at meet- he said. in March. Snap shares are now trading at
ings of the citys planning and zoning com- The homes have been researched and $21.20, valuing Yahoos stake at $98 million.
mission. They didnt want those people mapped by Pam Richardson, one of sev- Yahoo also owns stakes in Hortonworks,
living there, Sharkey said. eral residents working on a monthlong art an enterprise software company; Paper-
But this is no not-in-my-backyard- festival and tour of the shotguns in April. less, a digital event invitation service; and
story, according to Willoughby Marshall, A remodelled shotgun home. The festival should show that restoring SeatGeek, a ticket reselling service. The
an architect who lives with his wife in his them is a much better prospect than con- company valued Excalibur, its portfolio of
childhood home. housing developer in New Orleans to The Denton Cove plan, by contrast, was In addition to training the local labour centrating poverty in one spot, Brown said. patents that are up for sale, at $740 million.
Mostly, were interested in history survey and map abandoned shotguns that outlined in thick contracts and bank docu- force in construction, Browns plan had a This was the argument against the The 2014 data breach prompted Yahoo
here, he said. Were not so interested in could be restored to habitability. ments as required by law. The town homes financing component. Because 33 of the Denton Cove project. But Sharkey sees the and Verizon to renegotiate their original
development because thats not in keeping Bernard Simmons, a lifelong Hill resi- would have energy-efficient appliances, a lots have more than one home on them, residents resistance as perpetuating racial deal, which was struck in July. Eventually,
with the nature of the town. dent who is a musician, lives in a shotgun pool and a fitness centre. But the develop- the purchaser would buy one home to live segregation in a city where century-and- they agreed to cut the price by $350 mil-
The Marshalls and others are endorsing that has been in his family for generations. ment was not for people with moderate in and a second income-producing rental a-half-old opulent homes can be found lion. 2017 THE NEW YORK TIMES
a local plan to train job-seeking residents Its a piece of history, he said. It incomes, as some residents had originally unit to help pay the mortgage. But speed on tree-shaded streets on the south side,
in home construction through the reha- speaks of my history, my ancestors. I feel been told. The countys depressed earn- was important. while the north sides historic homes
bilitation of abandoned, working-class their spirits in this house. ings meant only the poorest would qualify The tiny-house movement, combined are deteriorating. COMPANIES
cottages known as shotgun homes. While Simmons home is a comfort- to live there. with relatively low real estate prices on the In December, Denton Cove LLC settled
There are dozens of them in an Apala-
chicola district called the Hill, where black
fishermen and mill workers have lived for
able balance of old and new, others in the
neighbourhood are not as well tended.
Every block has three or four homes
Concentrating the poor in one project
was not a modern approach, said Bonnie
Davis, a retired lawyer who moved to
Hill, has already caught the attention of
people like Pete Olson of Connecticut. He
is finishing up work on a 450-square-foot
a lawsuit it had filed against Apalachicola
claiming fair housing violations and reneg-
ing on the sale of the high school property.
DuPont profit
more than a century.
The shotguns are historically significant
because they are among the first examples
that are livable and the rest are aban-
doned, said Elinor Mount-Simmons, the
president of the Hillside Organization of
Apalachicola from Tallahassee.
She and others embraced the idea that
Apalachicolas architectural past might
one-bedroom shotgun where he plans to
live with his wife.
Twenty years ago, Anthony Pierce, 57,
The inauguration of President Donald
Trump dampened the market for the
sale of tax credits on which the project
topsforecasts
of African architecture in the United States. Laborers for Apalachicola, a community guide the future as it had in cities like a lifelong Apalachicola resident, bought is reliant, so investors have not decided Chemicals and seeds producer E.I. du
The original affordable housing here group. It would be great if the Hill could Louisville, Kentucky, and New Orleans, four shotguns to restore and rent. Just pre- whether it is profitable to continue the Pont de Nemours and Company, which is
was the shotgun, said Creighton Brown, come alive again as it once was. where shotgun restoration programmes venting further deterioration by shoring up multifamily project. merging with Dow Chemical Co, reported a
a recent transplant from New York who Even so, Mount-Simmons is not enthu- have been underway for years. the foundation was a big effort, and after If somebody wants to come along better-than-expected profit for the seventh
devised the plan. siastic about the Brown programme, which When all this brouhaha came up, I, the taking a job in Tallahassee, Pierce said he and build single-family homes, Sharkey straight quarter yesterday, helped by a rise
Brown, a contractor specialising in his- is sometimes referred to as Save Our Shot- Browns, many people said, We have to be ran out of energy. said of the Brown proposal, God bless in seed sales.
toric structures, worked with a non-profit guns. Too many details remain unclear. about more than no, Davis said. What neither he nor Brown realised them. 2017 THE NEW YORK TIMES DuPont has moved from selling its farm
products to retailers and distributors, focus-
ing instead on selling directly to farmers in
the United States.
This pushed the timing of some seed
sales to the first quarter from the fourth.
Demand was also propelled by late-
season seed demand in South America
and the planting of the largest combined
corn and soybean acres on record in the
United States.
Operating earnings at DuPonts agricul-
ture business rose 12% to $1.24 billion in the
first quarter ended March 31.
Net income attributable to DuPont fell
to $1.11 billion, or $1.27 per share, in the
quarter, from $1.23 billion, or $1.39 per
share, a year earlier.
The latest quarter included charges of
$36 million, while the year-ago quarter
included a $160 million gain.
Pete Olson planes Excluding items, operating profit in the
cypress boards latest quarter was $1.64, above analysts
next to the shotgun estimate of $1.39, according to Thomson
home he is Reuters I/B/E/S.
remodelling and Net sales in the quarter rose 4.6% to
plans to live in $7.74 billion, beating estimates of $7.50
The interior of a remodelled shotgun home. with his wife. billion. REUTERS
WEDNESDAY, APRIL 26, 2017 I Bangkok Post WORLD BUSINESS I B7
Fresenius in
AVIATION
M&Apush
with 2deals
that area in the recent past, Sturm added.
To buy Akorn and Reuters earlier on Monday reported Fre-
senius was close to acquiring Akorn.
Merck KGaA arm In a deal that has the backing of Akorns
management and its largest shareholder,
Fresenius will pay $34 per share and take on
LUDWIG BURGER Akorns net debt of about $450 million for a
total price tag of $4.75 billion, Fresenius said
FRANKFURT: German healthcare group late on Monday.
Fresenius SE & Co KGaA has stepped up It will be financed by a broad mix of euro-
its dealmaking, agreeing to buy US generic and dollar-denominated debt instruments.
drugmaker Akorn Inc for $4.75 billion (4.37 Berenberg analyst Tom Jones said the
billion) and the biosimilars arm of Germanys price tag of 12.4 times Akorns core earnings
Merck KGaA. (adjusted EBITDA) estimate for 2017 should
Takeovers were part of Freseniuss growth not give anyone any great cause for concern.
strategy under previous boss Ulf Mark Sch- He flagged some risks related to Akorns
neider, now leading Nestle SA. But his suc- older drugs that might draw scrutiny from
cessor, former finance chief Stephan Sturm, US healthcare regulators but was reassured
is lifting the pace, having already bought by the buyers long history of doing M&A,
Spains biggest private hospital chain Qui- and doing it relatively well.
ronsalud for 5.8 billion ($6.4 billion), since For the Merck deal, Fresenius will pay an
taking over in June. initial 170 million and up to 500 million in
The latest deals are in keeping with Fre- milestone payments tied to the achievement
seniuss focus on drugs that have lost patent of drug development targets as none of Mer-
protection, but also mark a foray into new cks biosimilar drugs have been launched yet.
dosage forms, therapeutic areas and biotech Merck also stands to receive single-digit The first C919 passenger jet made by the Commercial Aircraft Corp of China (Comac) is pulled out during a news conference at the companys factory in Shanghai on November 2,
drugs for its Kabi unit, a maker of generic percentage royalties on sales. 2015. REUTERS
infusion drugs as well as tube feeding and Fresenius said it expected first revenues
blood transfusion equipment.
Akorn will add products such as medical
creams, ophthalmic drugs, oral liquids, ear
drops, nasal sprays and respiratory drugs,
towards the end of 2019. It also said it was
prepared to spend and invest up to 1.4 bil-
lion to build up the new business through
2022, including the upfront and milestone
Chinesejetliner ready for take-off
where competition is relatively benign com- payments to Merck. BRENDA GOH plane gives Comac a springboard in the While operating manuals for Comacs a catalogue price tag of around $50 mil-
pared with standard pills and tablets. Fresenius, with a market capitalisation of TIM HEPHER worlds fastest-growing domestic market, smaller ARJ21 regional jet, which took lion, less than half that of a Boeing 737
We are putting Fresenius Kabi on track for more than 40 billion ($43.5 billion), runs even though the company acknowledges its first flight in 2007, were written in or Airbus A320 could be among the
an even more broadly based and strong sus- businesses ranging from kidney dialysis and SHANGHAI/PARIS: When China unveiled much bigger hurdles abroad. Mandarin, the C919s will be in English biggest issues for the C919 internationally.
tainable growth beyond the current decade, drug manufacturing to hospital management. an historic order for its first large com- You cant compare us to Boeing or to support sales. Having a plane certified to fly commer-
said Sturm. Group net debt as a multiple of core earn- mercial jetliner at a national air show in Airbus, theyre in a different strategic Comacs sales and support networks cially is tough enough even for Western
The separate deal with Merck KGaA marks ings will temporarily increase to about 3.3 2010, Western journalists were kept away, stage... We took half a century to solve it has at least 50 people in its sales and jetmakers as aircraft become more com-
an entry into biosimilar copies of complex after both transactions but is expected to and only local media were allowed to wit- the first strategic issue (of plane develop- marketing departments, says Cheng plex and supply chains expand.
biologic drugs made from living cells, which return to about three at the end of 2018. ness a major turning point in Chinas avia- ment), it will also take many years to solve are, however, a fraction of those at Boeing There is still uncertainty over approv-
Fresenius has previously shunned. Fresenius has for years enjoyed low bor- tion ambitions. the second (market) problem, said Jeff and Airbus. als needed for the C919 to secure a foot-
Weve always said the regulatory envi- rowing costs because of its diversified busi- The Comac C919 jet is expected to Cheng, a spokesman for Comac. Still, Comacs home advantage is sig- hold beyond China, with the United
ronment would have to clear up before we nesses in an industry largely immune to stage its maiden flight in the coming After the first flight, we have to focus nificant as Chinese airlines are likely to States and European Union having the
invest in biosimilars. A lot has been done in swings in the business cycle. REUTERS weeks, and foreign media and potential and research on how to improve the planes drive airplane demand over the next two most influence.
buyers will be invited in force illustrat- and Comacs market competitiveness. decades, buying nearly 7,000 planes Although the EU has agreed to recog-
ing how Beijing is adjusting to competi- Eric Chen, president of Airbus Com- mostly from Boeing and Airbus. nise some of the checks carried out by
TELECOMS tion for a slice of global jet sales worth $2 mercial Aircraft China, welcomed the Their sales person is the govern- China, it is expected to insist on some
trillion over the next 20 years. competition from Comac, and a China- ment, said a Chinese airline executive, of its own tests before issuing a safety
RETAIL ENVIRONMENT
LVMHtakes full
control of Dior
DANIEL ARONSSOHN favourable prospects, Christian Dior
Couture will be a source of growth for
PARIS: The worlds top luxury group LVMH, it said.
LVMH Moet Hennessy Louis Vuitton The development of Christian Dior
SE said yesterday that it would take Couture will be notably supported over
full control of Christian Dior in order the coming years by a new creative
to harness the high growth potential of momentum and significant investments
one of the worlds most iconic brands, already completed, notably in America,
whose sales have doubled over the past China and Japan.
five years. In its part of the two-fold deal, the
LVMH, which already owns Christian Arnault Family Group would launch a
Dior perfumes, said in a statement that public takeover offer to purchase the
it had now agreed to buy Christian Dior shares in Christian Dior SA it did not
Couture the leatherware, Haute Cou- already own.
ture, ready-to-wear, jewellery and shoes The bid will take the form of a cash
businesses for 6.5 billion ($7 billion). offer of 172 per share, plus 0.192 shares
The announcement sent LVMH shares in Hermes International SCA, valuing
soaring on the Paris Stock Exchange, the each share at 260, according to
where they jumped by around 3% in the statement.
early trading, while Dior gained as much That represented a premium of 14.7%
as 13%. over the closing share price on Monday
At the same time, the Arnault family and a premium of 18.6% over the average
who own 74% of the holding company, share price during the past month.
Christian Dior SA, would demonstrate The boards of directors of Christian
their commitment by acquiring the Dior and LVMH were unanimously
remaining 26%, LVMH said. favourable to the plans, LVMH said.
That would streamline the current This project represents an important
shareholder structure and help unlock milestone for the group, said LVMH chief
synergies, LVMH finance chief Jean- executive Bernard Arnault.
Jacques Guiony told a telephone news The corresponding transactions will This undated image shows Cimeron Morrissey, an outdoor sports enthusiast and freelance writer, flying on the Kitty Hawk Flyer prototype. KITTY HAWK VIA AFP
conference yesterday. allow the simplification of the struc-
Set up 70 years ago, Christian Dior
Couture is one of the most iconic brands
worldwide, LVMH said.
tures, long requested by the market,
and the strengthening of LVMHs Fash-
ion and Leather Goods division. They
Personal flying machine to go on sale later this year
It sells its range of goods almost exclu- illustrate the commitment of my family ROB LEVER The video showed the single-seat aircraft the company, but several reports in recent the lead engineers were Cameron Robertson
sively in 198 luxury boutiques around group and emphasise its confidence in with two pontoons and a spider web- months have said Page has poured millions and Todd Reichert, who created a startup
the world. the long-term perspectives of LVMH and WASHINGTON: A Silicon Valley flying car like platform taking off from a lake at an of dollars into Kitty Hawk and another elec- called Aerovelo which aims to produce the
Sales have doubled over the past five its brands. startup, Kitty Hawk Corp, reportedly backed undisclosed location and hovering above tric car startup. fastest human-powered vehicle.
years and, last year, revenues amounted Analysts also hailed the long- by Google co-founder Larry Page, released the water, where it is meant to be used. Kitty Hawk president Sebastian Thrun, Kitty Hawk said the Flyer going on sale
to more than 2 billion, while underlying awaited deal. a video on Monday of its airborne proto- The craft, propelled by eight rotors, takes a Stanford University computer science later this year would have a different design
or operating profit totalled 270 million. We see a number of positives, said type and announced plans for deliveries of off and lands vertically, like a helicopter. It professor who has been called the father of than the prototype.
At present, Christian Dior Couture is Exane BNP Paribas analyst, Luca Solca. a personal flying machine this year. is said to weigh about 220 pounds (100 kilo- Googles self-driving car, tweeted: Chang- A blog post by writer Cimeron Morris-
wholly owned by Christian Dior SA. It adds a strong brand to the LVMH Our mission is to make the dream of per- grams) and fly at speeds up to 25 miles per ing the future of personal transportation. sey, who took the Flyer for a test run, offered
By making it a wholly-owned subsidi- portfolio at a reasonable valuation and sonal flight a reality. We believe when eve- hour (40 kph). and can hover at 15 feet (4.5 Join us @kittyhawkcorp to get information some clues on how it feels.
ary, LVMH would be able to unlock its on an accretive basis and it reduces the ryone has access to personal flight, a new, metres) high. about #theFlyer prototype. The prototype looks and feels a lot like
high growth potential, the group said. risk of LVMH potentially buying trophy limitless world of opportunity will open up The company describes the Flyer as a The company announced it was offering a flying motorcycle. You mount the seat and
The deal will allow LVMH to incorpo- assets which would dilute returns on to them, said a statement on the website of new, all-electric aircraft, which is safe, three-year memberships for $100 to be lean forward, just like you would on a bike,
rate one of the most emblematic brands capital, the expert said. the Kitty Hawk company, based in Googles tested and legal to operate in the United placed on a waiting list and to get a discount she wrote.
worldwide. It will allow for the regroup- The operation is being viewed posi- home town of Mountain View, California. States in uncongested areas under US on the price of the new transporter. The price I feel light and ecstatic and utterly free.
ing of Christian Dior Couture and Par- tively by the markets, because it will Today were announcing our first proto- federal regulations for ultralight aircraft. No is to be announced later this year. This is just like my flying dreams!
fums Christian Dior brands, according increase the theoretical value of the type of the Flyer, a personal flying machine pilots licence is required, and two hours The startup offered only limited details Several other companies, including
to the statement. share, Daniel Larrouturou of Diamant that will become available for sale by the training is said to be all that is needed. about the company. Airbus Group SE, have been working on
On the strength of its history and Bleu Gestion said. AFP. end of 2017. The website offered few details about An email response to an AFP query said similar flying machines. AFP
FINANCE AUTOMOBILES
LIFE
tech art
BANGKOK ASEAN
FILM FESTIVAL 2017
T
he Bangkok Asean Film Festival 2017 is taking place
from today until May 1 at SF CentralWorld. This is
the third year the Ministry of Culture has hosted the
festival aimed at celebrating filmmaking creativity within
Asean countries. Admission is free, though you have to book
seats in advance online. Visit www.facebook.com/Bangko-
kAseanFilmFestival/ for detail or contact 02-643-9100 or
admin@mpc.or.th
The 2017 edition of the festival is the biggest so far, with 22
titles on the menu. Ten films are in Asean Competition, nine
in the showcase sidebar, and there are three rare classic films.
T
he elephant and the man, walking down Tan remembers best. Especially the elephants. This was Some other contemporary highlights in the festival are:
Singaporean filmmaker the road to redemption and encountering the mid-2000s, before a clean-up campaign prevented
the wounded and the marginalised, the mahouts from marching unemployed beasts from the Solo Solitude
directs Thai actors and madmen and the prostitutes. In the film Pop provinces to peddle in Bangkok. When Tan was shooting Indonesia, directed by Yosep Anggi Noen
Aye, which will kick off Bangkok Asean Film her short film in Thailand in 2009, she also saw a group The film looks at the life of an activist poet who flees the per-
an elephant in a movie Festival 2017 this evening (see sidebar), the fine-tusked of boys pulling along an elephant. secution of the Suharto regime to a small village in Borneo.
beast accompanies the lost soul as the duo find their way The image, she says, stuck with her all through
that opens Bangkok Asean home from Bangkok to the Northeast. the years. Dearest Sister
It is a Thai story, told in the Thai language with Thai I remember feeling so bad for the animal, she said. Laos, directed by Mattie Do
Film Festival tonight actors across the Thai landscape, city and rural, chaotic But it also felt surreal. This stylish horror-drama from Laos tells the story of a
and lonesome. But in the world where imaginations cross [In conceiving Pop Aye], I started with my feeling blind woman who can glimpse the shadow of ghosts and her
STORY: KONG RITHDEE borders and demarcations, Pop Aye e a high-profile about Thailand and what I wanted to talk about: the caretaker who just came from the countryside.
Southeast Asian film that premiered at Sundance Film inevitability of the passage of time and how we have to
Festival in January is a debut feature film by a Singa- accept it. Then I came up with a story to talk about all Ho Chi Minh In Siam
porean director Kirsten Tan. The crew and cast, including those things. Vietnam, directed by Bui Tuan Dung
the elephant, are all Thai, and thus the film serves as a Speaking some Thai, Tan got a little help from her The Communist hero Ho Chi Minh spent a few years in the
perfect opener for a festival conceived Thai friends to pull things off. The entire creative crew of Northeast of Thailand. This film looks at his journey from
to showcase regional creativity of the Pop Aye, except Tan, was Thai. The script was originally Bangkok to Udon Thani in 1927.
Asean nations. in English, which was translated into Thai whereby Tan
Tan is in Bangkok for the screening asked three friends to revise, one of them the award-win-
tonight, where shes excited to see the ning writer Prabda Yoon. For Tan, theres nothing more
reaction at the first viewing by a Thai irritating than a foreign filmmaker coming to make a film
audience (there will be two more screen- about another culture and getting everything wrong
ings on Sunday and Monday). Pop Aye like Hollywood often does. And she made it a priority to
will go on general release in Thai cin- make everything as authentic as possible.
emas later. Perhaps the biggest challenge, however, is the ele-
In each place that Ive shown the phant. The animal used in the film is called Bong, and
film, the reaction has been different, even though hes super-nice and a proficient actor, its
says Tan, who premiered the film at the logistics surrounding the movement of the beast that
Sundance in the US, where it won best required patience and hard work.
script, and released it earlier this month We knew it would be difficult when we wrote the A Yellow Bird
in Singapore. script. But only when we started shooting did I release Singapore, directed by K Rajagopal
Since the film is about Thailand, its how much of a challenge it was, she said. The number This tough Singaporean drama looks at the underbelly of
important to know what the Thai audi- of permits we have to clear and getting permission to wealthy society. A Singaporean-Indian ex-convict tries to
ence think about it. shoot on location in one scene we had the elephant find work to support his ex-wife when he meets a Chinese
In Pop Aye, disillusioned architect inside a house these are the real challenges. And we prostitute abused by her pimp.
Thana (played by Thaneth Warakul- shot the film in April. In between takes we had to take
nukroh, rock singer and actor from the Bong out and water him down because it was so hot. Turn Left Turn Right
1990s) runs into an elephant he once Making a film about an elephant in Thailand, Tan Cambodia, directed by Douglas Seok
Singaporean director Kirsten Tan. kept when he was a boy in Loei prov- realises, means courting interpretative reading and sym- This Cambodian drama is narrated through songs, telling
ince. Thana is going through a bad patch, bolism. For one thing, the animal has long been a de the story of a young woman with big dreams and how they
and he decides to set out on a long road trip with the facto image of exotica, majesty and wilderness all at clash with the traditional lifestyle of her family.
beast, from the capital back to their hometown. It is a once whenever a foreigner looks at Thailand.In fact,
quest narrative and a road movie along which they meet the first foreign film ever shot in Siam, in 1927, was called Interchange
an assortment of oddballs and heartbreaks, before the Chang, g or Elephant; the directors were Merian C Cooper Malaysia, directed by Dain Said
journey ends in a sort-of revelation. andErnest B Schoedsack, who would go on to make the A police thriller from Malaysia involves a detective who
Drawing from her experience, writer-director Tan original King Kongg in 1933. The allure of the pachyderm, enlists the help of a crime photographer to solve bizarre
was not an ingnue to the craziness and drama of the its gentle amplitude and its million-year-old eyes, have murder cases.
Thai capital. Around 2005, she spent two years living in since attracted a number of artists to treat it as something
Bangkok, running a T-shirt store at Chatuchak Weekend larger than life with a deep association to the land. In The Flesh
Market and jamming with her Thai friends in a band. It Tan has a simpler idea though. Thailand, directed by Kong Pahurak
was the happy days, she said, the free-spirited days. To I definitely wanted to avoid the symbolism of the A 17-year-old girl escapes her claustrophobic life and runs
her, the city was a stark contrast to Singapore, and the elephant. But I know its such a strong symbol and into a human smuggler.
experience was integral to her creative growth when she its unavoidable for people to read into it, said Tan. I
went on to study in New York and became a filmmaker. stayed with Bong for three weeks to observe his daily
I remember feeling so It was the formative years of my life, said Tan, 35.
When I came to Bangkok, I was enamoured by it. I had
life. I wanted to keep the elephant in the film as real
and specific as possible. I dont want to make a Disney CLASSIC FILMS
bad for the animal. lived in Korea one year before [at an artists residency] elephant. I treat him as a character, and thats what the z The Emerald Junglee (Myanmar, 1934), the oldest sur-
and I spent the rest of my life in Singapore. I felt that movie is about. viving film from Myanmar telling the story of a fugitive
But it also felt surreal Thailand was completely opposite to Singapore, which who falls in love with a woman while on the run.
was a sterile and clinical place. Im not saying its better or Pop Ayee opens the Bangkok Asean Film Festival z Three Maidenss (Indonesia, 1956), a family comedy
worse, but its a totally different world here even though tonight at SF CentralWorld. Repeat screenings about three sisters.
its just two hours away. on Sunday, April 30 at 3pm and Monday, May z The Lion Cityy (Singapore, 1960), a romantic drama
Concrete slabs, vagabond elephants and construc- 1 at 3pm. Contact www.facebook.com/ that depicts Singapore at the cusp of modernisation.
tion sites these are some of the images of the city BangkokAseanFilmFestival/ for details.
life t HAPPENING
2 | WEDNESDAY, APRIL 26, 2017 | Bangkok Post
SPOTLIGHT
TODAY
A movie with spirit
PRESERVATION
V AND REVITALIZATION OF LOCAL
LANGUAGES IN THAILAND
I
A panel discussion at Foreign Correspondents ts a major event for Bangkok cinephiles.
Club of Thailand, Maneeya Centre, Phloenchit Olivier Assayas, one of the best-known French
Road, at 7pm. The fee is 450 baht (150 baht for Thai directors, is in town to present his latest film.
journalists and students and free for members). Personal Shopper, r from a glance, sounds like
Call 02-652-0580. a terrible movie. Twenty-something Maureen
Cartwright (played by Kristen Stewart) lives
MARCO GUIDOLOTTI JAZZ QUARTET CONCERT in Paris, working as a personal shopper
At Bangkok Art and Culture Centre, Pathumwan for a short-tempered celebrity named
intersection, at 7pm. No admission fee.
Kyra. But thats not what makes her
Visit www.eventbrite.com.
PHO
PHO
special. Maureen also happens to be
OTTO
a medium who can communicate
O COURT
NEW MOON SADHANA OF MAHAMUDRA
OUURTESY
PRACTICE with spirits, and is waiting to hear
UR ESY
from her twin brother who has
ESSY OF
At Bangkok Shambhala Meditation Center,
Sukhumvit 23, from 7-8pm. No admission fee but mysteriously passed away in the
OF FEST
donations welcome. city. Her life spirals into a murder
EST VAL DE
ESTI
Visit www.shambhala.or.th. mystery after receiving a text
from the unknown.
DE CANNE
THE MALL HAPPY SUMMER It sounds outlandish, but
N S
Featuring up to 50% discounts on chic fashion,
director Olivier Assayas makes
plus up to 20% discounts on new collections,
it work. Premiered at Cannes
at all branches of The Mall. Ends today. Kristen Stewart in Personal Shopper.
Call 02-310-1021. in May last year, the movie won
Best Director (but received some
KING RAMA IX - HEART OF THE NATION boos after its screening) and has tonight at the Alliance franaise de Bangkok drama starring Maggie Chueng as a rock singer
A painting exhibition by Daeng Buasan, at River been widely proclaimed as brilliant on Sathon Road. Director Olivier Assayas will who tries to reunite with her son. In Personal
City Bangkoks Room 181, Charoen Krung 24. with a dash of Hitchcockian flavour be there giving a presentation before the Shopper,r again we see the director presenting
PHOTO: AFP
Until April 29. added into the fashion-drama-thriller screening at 8pm. But to those who cant the story of a woman braving the confusion of
Call 02-237-0077/8 ext 701. (something you definitely dont hear make the premiere, the film will go into limited the world around her.
every day). Kristen Stewart has also been release this week at cinemas as well as at
A SENSE OF THAI 2017
Featuring a replica of the revered white marble
lauded as putting in one of her best Alliance franaise. Apipar Norapoompipat
performances yet. Assayas was in Bangkok once in 2005 to join
reclining Buddha housed in a sea of 10,000 red
lotuses, nine silver bells, cultural performances, and Those in Bangkok can judge for the now-defunct Bangkok International Film Visit Alliance franaise de Bangkoks Facebook
F
the royal recipes of Thai favourite dishes including Olivier Assayas attends the Personal
themselves, now that the film is premiering Festival. That time he came with Clean, a family page or call 02 670 4233.
khao chae, at Central Embassy, Phloenchit Road. Shopperr premiere at Metrograph.
Until April 30.
Call 02-254-70716.
Email: life.events@bangkokpost.co.th
UP & COMING
Rudklao Amratisha.
Phusit
Laithong.
artisans and their heirs will The Voice. The highlight of this full-scale
also be presented. More concert which will last for three hours will
than 50 retail shops will be the premiere of Raja Kue Phu Hai, a
offer textiles, batik, metal new song written by Nitipong to honour
PHOTOS COURTESY OF SACICT
SOCIAL SCENE
TOP COMPANY: Prof Dr Kasem Watthanachai, left, privy councillor, presented HAPPY SERVICE: Nongluck Kulpipat, left, director of Krabi provinces Special CHARITY SALE: Patrick Both, general manager of Anantara Siam Bangkok Hotel,
the Thailand Top Company Awards 2017 in the food and beverage category to Education Centre, received a donation of necessities from Centara resorts, led and The NewsMakers group hosted the 11th Clutter Sale For Charity, whose
S&P Syndicate, represented by Vitoon Sila-On, right, president of operations byGeorge Kenton, right, general manager of Centara Anda Dhevi Resort & Spa proceeds will be donated to Chulalongkorn Hospitals Genetic Cancer Research
and human resources.S&P Syndicate has been a recipient of the award for four Krab. Centara executives and employees also hosted lunch and organised leisure Centre under the auspices of the Thai Red Cross. Prof Shanop Shuangshoti,
consecutive years. Organised by the University of the Thai Chamber of Commerce activities for the Special Education Centres students andteachers. The event was director of Chulalongkorn GenePRO Center, as well as Janprapa Vichitcholchai,
and Business+ + magazine by ARIP, the award presentation was recently held a part of the Centara Care initiatives aimed at building a good relationship with deputy director of the Thai Red Cross Societys Fundraising Bureau, also attended
atDusit Thani Bangkoks Napalai Ballroom. local communities. the event atthe hotels ballroom. From left, Prof Shanop, Annabelle Daokaew,
Naphalai Areesorn, Ms Janprapa and Mr Both.
important to the LGBTQ community as of the book. What I was trying to accom- There was one moment in particular, Central Publishing, to her father and
a whole, such as same-sex marriage. She plish is, one, get it all out for myself, so there years later, that took Jenner to the ultimate brother. As for his dad likely not under-
voted for Trump nevertheless, though was no other secrets left, but two, it was dark place, suicide. The celebrity news site standing, thats OK, she said.
P O: REUTERS
PHO
PHOT
PHOTO: AP
R
through the food on the plate and the dis- he portrays in the film, Hanks
cussions held over them of larger cultural Anthony Bourdain attends the Turner Network 2016 Upfront in New York. deadpanned: You know
conversation. Of the traditions kept alive by that hes a diabolical genius
immigrants. Of the glories of street food. Of maximise your profit, to waste as little as out of leftover sandwich bread, or a budget In order to have their aisles look a because hes got a beard. Do Tom Hanks at the Peoples Choice Awards.
the simple power of breaking bread with possible, to merchandise what is not used grocery store of donated excess foods. certain way and give an impression of you find that to be the case,
people from all walks of life. in the principle entre. And of course travel- The film also preaches the flavour and abundance with only the freshest and Jack? The world that we live in now,
But standing out front of an issue in ling around the world I see again and again thrift of dishes that use typically tossed best, theyve deemed it necessary to waste The film, which opens widely in with the level of transparency that
todays ethically charged food world is a and again how circumstances force people parts of produce or animals. tremendous amounts of food that in the United States on Friday, is based were seeing, you get everything
step further for Bourdain. So what was it to cook really, really well and make the most I love tripe, oxtails, cheeks, said Bour- another situation would be vital to people, on a Dave Eggers novel. The book every unkind word, every criticism,
that lured him into combating food waste? of the often very little food they have. dain. I love going to a restaurant in Japan said Bourdain. sparked debate about the rise of Watson said.
A lifetime in which the cooking principle The film is directed by Anna Chai and where they serve nothing but collars and Wasted!! is just the latest in Bourdains social media when it was published Patton Oswalt, who plays a tech
Use Everything, Waste Nothing was Nari Kye and executive-produced by Bour- the meat around the fins. Those are the growing presence in movies. Being a film in 2013. executive in the film, asked whether
instilled in him, and driven deeper by one dain. Its a tragedy of trash, told colourfully things that cooks are most passionate nerd, he says, is a necessary qualification The fictional company at the people would become burnt out over
brutal kitchen regime after another. by Chai and Kye. about. Its so funny when you see all of for his Parts Unknown crew members. He centre of the film and the book is the next 10 years and start a mass
The intent of this film happens to align Some stats: Roughly a third of the food these things that only poor people used to recently listed the 10 films that are con- obsessed with getting people to retreat from social media.
with something that I feel very strongly produced for human consumption every eat now as the hipster dish of the moment. stant reference points on his shows, from share their daily activities publicly. Its the opposite of Andy Warhols
[about] from the point of view of just a year is never eaten. In the US, more than Most glaring, though, is the waste of Wong Kar-Wais In The Mood For Lovee to Reviewers have made comparisons thing. In the future, everyone will be
classically trained cook who came up in a 90% of wasted food ends up in a landfill, supermarkets where aisles are intended Peter Yates The Friends Of Eddie Coyle. The to Alphabet Inc, Google, Facebook allowed to be anonymous for 15 min-
system where the whole idea of waste was at an annual cost of US$1 trillion. The film to showcase abundance, even though that upcoming season, he vows, will pay ode, if and Twitter. utes, Oswalt said.
abhorrent, said Bourdain. The whole showcases those using creative solutions to means stocking shelves with the intent to not outright theft, to David Lean (Lawrence
story of food as a professional cook is to the problem, like a beer called Toast made not sell all of it. Of Arabia) when he travels to Oman.
Iggy Pop
performing during
the Festival Cognac
Artists urge Radiohead to skip Israel show Blues Passions in
France, last year.
Dozens of artists, including Roger freedom for the Tibetans, were won- to Palestinians every day, it said.
Waters, this week called on Radiohead dering why youd turn down a request Waters, the former Pink Floyd member
to cancel a concert in Israel, saying the to stand up for another people under and creative force of The Wall,
l has long
band, known for its left-wing politics, foreign occupation, the letter said. been outspoken on Israel.
should join Palestinian activists boy- In asking you not to perform in Other signatories included novelists
cott calls. Israel, Palestinians have appealed to Alice Walker and Hari Kunzru, Thurs-
The English experimental rock icons you to take one small step to help pres- ton Moore of US alternative rock pio-
are scheduled to play in Tel Aviv on July sure Israel to end its violation of basic neers Sonic Youth and Nick Seymour
19, closing a tour that includes premier rights and international law. of Australian rockers Crowded House.
festivals Coachella and Glastonbury. Surely if making a stand against the Retired bishop and Nobel Prize-win-
Radiohead has played benefits for politics of division, of discrimination ning anti-apartheid campaigner Des-
Tibetans rights, Amnesty International and of hate means anything at all, it mond Tutu also signed the letter.
and the battle against climate change. means standing against it everywhere A cultural boycott campaign against
Since Radiohead campaigns for and that has to include what happens Israel has had mixed success. Stevie
PHOTO: AFP
from Kid A, often called the were appropriate. body into a sweat, last year released Post by releasing a video in which he pulls off his
bands masterpiece, which I was a little surprised at how feeble I Pop Depression, which had the air of a own shirt to show his heavily tattooed torso.
were swapped online before the sounded on certain parts of it, but I thought career-capping album. You dont look a day over 30, Hetfield
Radiohead performs at Coachella Valley Music And Arts Festival. albums release. AFP that was OK, he said. His two previous albums had strong said of Pop, calling him a huge inspira-
Pop said he was drawn to jazz as theres jazz influences Preliminaires, which tion for musicians who are getting older.
no big, bashing thing or echo trick to hide took inspiration from provocative French AFP
life t TECH
4 | WEDNESDAY, APRIL 26, 2017 | Bangkok Post
CURRENTS
JAMES HEIN
A NEW The multi-function
pavilion was
assembled from
LANDSCA
fibre cement wood.
The inflexibility
of silicon Outdoor furniture produced
by 3D printing technology
using innovative cements is
S
ince the 1950s, silicon has been the basis for
our integrated circuits. The changes in compo-
nent density since then have been staggering, now available for the garden
with your smartphone now more powerful than
the early supercomputers. Current chips can cram
over 10 million transistors into a square millimetre, STORY: SASIWIMON BOONRUANG
The multi-function
and these can be scaled in 3D, giving us the storage
EGGO Pavilion.
solutions we have today. The problem for some
3
applications is that silicon is quite rigid, and while it D printing technology has taken shape and size of the rock can be created
is not going away anytime soon, some applications another step forward by producing without the use of natural rock.
want processors to be bendy. landscape architectural products Anon added that this was another chal-
with the use of innovative cements. lenge as a designer as it was the first time in
the Month award. One recent recipient was Global The rock garden component is shaped the panels to their own preference to make
Equity Management (SA) (Gemsa), located in Aus- to resemble natural materials. The product them most match their house. When light
tralia, which tried to sue the EFF, an American non- will become a large piece of art in the garden shines through the panels, it adds intriguing
profit. Gemsa is now facing a countersuit in the US, while withstanding all weather conditions. It patterns to the areas.
where freedom of speech rights do exist, unlike in will also add to the charm of nature with the Another decorated sun shelter, FISH is
Australia. Gemsa has also painted a sign on itself imitation of a rock garden. Rock is a familiar the quest for a design technique to build
that may as well read Patent Troll, and may also material used in landscape decorations for softness and a flowing feeling on hard mate-
have finally awakened the US court system to what Thai people but what is special is that the Special cement formula was used with the 3D printing technology. rial. Jeravej has reflected this concept with
some call runaway patent litigation. the flow of the water that is caused from
fish movement.
A
of course will already know that. fter being shortlisted as the seven finalist teams To prepare for this new digital era, Thailand needs
selected from over 100 applications nationwide, to focus on equipping the future workforce with tech-
Latest Consumer
Technology Products
On Display At CES 2017.
BUYING
ANEW TV?
Heres how to cut through the jargon
PHOTOS: AFP
CHRISTOPHER MELE What resolution should you get? Heinonen called HDR a bit of a trap, because models Should you buy a TV with a curved screen?
NYT
Y One of the buzzwords you will hear is 4K, which is the can say they offer this feature but not display much benefit No. They were promoted by manufacturers as a gim-
successor to 1080p, the high-definition resolution found from it. While 4K content with high dynamic range can mick and have been discontinued after selling poorly,
L
ooking to buy a new television? Youll face on modern television sets. The term 4K, also called Ultra be noticeably better compared with 1080p content, 4K Heinonen said.
an alphabet soup of terms like 4K, HDR and HD, offers sharper clarity. In the same space that a 1080p content without high dynamic range can create a negli-
OLED but you dont have to be fluent in tech- television has a pixel, a 4K model can hold four. gible difference in picture quality. How about a 3D TV?
speak to get a television that is right for your 4K comes standard with most new models, though Devindra Hardawar, a senior editor at the technology See answer above.
needs and budget. Heinonen cautioned that programming in that format news website Engadget, wrote in an email that OLED
is not uniformly available. Streaming 4K content is avail- (organic light-emitting diodes) is the next big thing How should you shop for a TV?
Should you buy now or wait? able from Netflix, Amazon, Vudu and others. There are but that it remains expensive. (A model with a 55-inch Do your homework, read plenty of reviews and do not
Consider upgrading now if you have not bought a televi- select broadcasts on DirecTV and none from network screen can cost up to $2,500 and a 65-inch model around believe your eyes when you are in a store looking at
sion in the last two years, Stephen Baker, vice-president broadcasters, he said. $3,500.) OLED televisions are impressively thin and models.
of technology-industry analysis at the NPD Group, a con- The advantages of 4K also may not be fully on dis- provide better contrast ratios than LED/LCD televisions, Some stores have halogen lamps that can distort the
sumer research firm, wrote in an email. Improvements in play, depending on what you watch, Richard Spaide, an and richer colours, he wrote. way television images appear, giving them an artificial
electronics make for superior picture quality, standards ophthalmologist at Lenox Hill Hospital in Manhattan, Look for information about a models contrast ratio brightness and vividness. Some televisions display con-
have been settled and the technology has been vetted. said in an email. Differences in the resolution would how light the whites and how dark the blacks appear. The tent specifically tailored to show off that particular model,
It is pretty clear that 2017 is going to be the most com- be more apparent with relatively static pictures, he greater the contrast, the better the visual pop. Heinonen said.
pelling year since the introduction of flat-panel models wrote. Scenes with a lot of motion, such as explosions A feature related to contrast is dimming, which has two The retail experience has no relationship to the home
to get a new television, he wrote. in an action movie, dont necessarily benefit much from types: local dimming and full-array local dimming. experience, he said.
increased resolution. With local dimming, dark sections of the screen remain
What should you look for? dark and light sections are brighter. Heinonen recom- Do you really need a TV?
Your purchase will largely be about resolution and What else should you know? mended full-array because it can dim smaller sections With the abundance of hand-held consumer electronics
screensize. HDR (high dynamic range) is the most modern advance- of the screen. such as smartphones and tablets that can play videos,
An excellent model that will meet the needs of a vast ment and generally found in 4K televisions released last does it make sense to buy a television?
majority of viewers can be had for US$500 (17,200 baht), year. This software enhances the contrast and colour What size screen should you get? Hardawar noted that shows such as The Young Pope
Chris Heinonen, a staff writer for The Wirecutter,
r which profile. In bright colours, you will see brighter highlights; Go big or go home. and Game Of Throness are looking more like films, and
makes recommendations for electronics and gadgets in dark colours, you will see more detail. David Katzmaier, a writer for the technology news a large screen is the best way to take in their grandeur,
(and that The New York Times Co bought last year), said website CNET, recommended at least 40 inches for a adding that watching television has increasingly become
in an interview. bedroom television and at least 55 inches for a main one. a communal experience.
He recommended against spending a lot of money for More than any other feature, stepping up in TV-screen If youre fine watching Netflix in bed, then you
a top-of-the-line television now. A lower-price model will One of the most common size is the best use of your money, he wrote, adding: One can probably rely on your laptop or tablet, he wrote.
serve you well for several years and can save you money post-TV-purchase complaints of the most common post-TV-purchase complaints Ive But theres no such thing as a movie party around
for an upgrade for when technology improves. heard is from people who didnt go big enough. alaptop. 2017 NEW YORK TIMES NEWS SERVICE
IIve
ve heard is from people
whodidnt go big enough
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silicon OLED displays. It is compact and stand for extra flexibility. Connect to a rather than just monitor symptoms or
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contrast, resolution and image quality. The or Bluetooth via the enclosed dongle. This cloth band, adjustable, hypoallergenic
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life t DIVERSIONS
6 | WEDNESDAY, APRIL 26, 2017 | Bangkok Post
HOROSCOPE
ANDY CAPP ANIMAL CRACKERS
JERALDINE SAUNDERS
may be romantic at heart in July and 26 Gangway (5) me, in a way Several 7, Tsar 8, Origin 12, Bites 13, Peach
spend more time than usual with like- 28 Precipitation (3) (6) 14, Limit 15, Diver 16, Pedal 18, Rival 19,
minded friends. This is an excellent 29 Serious (6) 11 Finishes near Divides 21, Rumour 22, Butane 23, Tablet 25,
30 Gems from central Ruislip Nacre 26, Fate 28, Fit
time for excursions, vacations or to be
inspired by a new idea. In November oysters (6) (6) CRYPTIC SOLUTIONS
overconfidence can cause you 31 Jealousy (4) 14 Put down some ACROSS: 1, Strap 6, Villa 9, Do-mini-c 10,
32 Crucial (8) mousetraps Godot 11, Toots 12, Ja-pa-n 13, Capital 15,
problems, especially if you promise Ass 17, US-ES 18, P-lent-y 19, All-ay 20, I-deal-s
33 Flaunt (6) (3)
more than you can deliver. Any 22, Redo 24, Tar 25, Met-ered 26, M-etal 27,
SCRABBLE
16 Notions said 30 The majority 5 A supplier points? (3) Tutor 28, Fives 29, Stand-up 30, Vesta 31,
opportunity that you receive might DOWN wrongly to are about half of seeds 21 Dai gets mixed Rests
make lasting improvements in your 1 Breathe out (6) include a dead and pretty (from Siena?) up with Carl, the
life and bring you added, long term 2 Broad street (6) foregone small (6) (5) extremist (7) DOWN: 2, Thomas 3, A-don-is 4, Pot 5, Fi-N-al 6,
benefits. However that might not be conclusion (5) VI-tally 7, Icon 8, LA-test 12, Jails 13, Cubit
3 Body of matter 31 The bookies 6 Being 22 Demonstrate 14, Peter 15, Anger 16, Sy-nod 18, Panel
a great time to start a new job or sign (4) 17 Heady items chances of overweight can ones 19, Albert-a 21, Danube 22, Recip-E 23,
important contracts. TRIBUNE CONTENT 4 Funny (7) of appeal (4) enrichment (4) mean a lot (5) humanity (3) Def-eat(-s) 25, Mainz 26, Most 28, Fur
AGENCY 5 Christmas hymn 19 One of those 32 One with a con- 8 Latest heartless 23 A non-playing
(5) confused suming interest conclusion? supporter of
6 Celebrities (5) scraps (5) in natural (4) golf clubs (6) TARGET
8 Round vessels 21 Prepared a species (8) 9 Being foolish, 24 Too long to wait ameer arete eater ewer
ON RADIO
mare mart mater matter
(4) bed in the 33 Antagonism, to we start trouble for a half of mere meter metre rate
9 Pinch (3) garden (5) saints, would be (3) sausages (4) ream rete tamer tare tart
12 Congeal (3) 22 Taken down unnecessary! 12 Of poetry, a 25 Note the tatter tawer tear term tetra
CHULALONGKORN FM 101.5 13 Open sore (5) from the menu? (6) modern piece? condition of the tram treat tree ware warm
(5) wart water WATTMETER
15 Lid (5) (3) property (6) wear weer were wert wetter
After Dinner Musicale (9.35-10.30pm) 18 Proportion (5) 23 To drive with it, DOWN 13 Quick to tangle 26 Little beast in
Haydn Scherzando No.6 In A For Oboes, Horns 19 Hawaiian you need a 1 A quarter day? with 27 (5) joint office! (5)
& Strings (7:32). Weber Leise, Leise (4:29). garland (3) car key (4) (6) 15 Keeps wild 27 Consent to
Korngold Romance-Allegro Finale (16:03). 20 Monetary unit 26 Its hard to 2 Its between dogs! (5) change gear at
Bax Morning Song (8:09). (3) conceal love of Windsor and 18 Continue the end of the
Hugo Alfven Swedish Rhapsody No.1 (12:58). 21 Stain (7) hidden wealth Eton (6) working in west race (5)
22 Alcoholic drink (5) 3 Tear for the London (5) 28 An odd rhyme
Music of the Masters (10.30-11.55pm)
(3) 28 Shoot into a right purpose 19 It could be a for almost
Holst Egdon Heath (14:40).
23 Amphibious container (3) (4) coaster (3) anyone (3)
Bax Violin Phantasy (23:33). 29 Half the main
rodent (6) 4 Suggested 20 In silence, how 30 Either letter
M. Berkeley Horn Concerto (20:52). 24 Askew (4) supply system one MP was can he make comes early in
Weber Symphony No.2 In C (19:04). 25 Snuggle (6) is for her! (6) dishonest (7) a number of the day (4)
Bangkok Post |
life t ART
WEDNESDAY, APRIL 26, 2017 | 7
A
s a teenager, Dorka Sternberg student searching online for information
watched as Nazi officers, about the Holocaust in Arabic is likely to
enraged after two youths encounter a lot of denial. Over time, he
from the underground fired said, the programme challenges them to
a handgun at them, randomly examine their own communities, which are
picked 25 young men and women from a often conservative and may be intolerant,
roundup in her Polish hometown, Czesto- for instance, of homosexuals.
chowa, lined them up against a wall and Sternberg, who was born Devora Zissel
shot them dead. Bram, grew up in a religious household
I was lucky, I suppose, because I am in Czestochowa and was 15 when World
here, Sternberg, 93, said, recalling the War II broke out. She said she lost her faith
event last week in her house in Kibbutz in God after her parents, younger sister
Lohamei Hagetaot, in a lush coastal area and brother were taken to the Treblinka
of northern Israel. death camp and killed. She was taken
Not long after the war ended, Sternberg with other girls for forced labour in a Nazi
met one of the few legendary fighters who arms factory. She fled to Warsaw as the
had managed to emerge alive from the Soviets approached, to avoid being taken
Warsaw Ghetto Uprising, the most signif- to Germany.
icant, albeit doomed, act of Jewish resist- She remembered Antek Zuckermans
ance during the Holocaust. She joined his knocking on the window of the apartment
group of pioneering Socialist Zionists, who in Warsaw where she was staying after the
drew up plans immediately after the war, war with other young women who had been
while still in Poland, to build a kibbutz, and left alone, without any family, pondering
a new life, along with a museum to honour what to do and where to go.
the dead in the Jewish homeland. Zuckerman was recruiting Zionist pio-
NOW SHOWING
Smurfs: The Lost Village hangman with a fearsome reputation. When Rahim begins
In this fully animated, all-new take on the Smurfs, a mysterious to train Aiman in the craft of execution, a terrible secret
map sets Smurfette and her friends Brainy, Clumsy and Hefty that links the two men is revealed. Directed by Boo Junfeng.
on an exciting race through the Forbidden Forest leading to Limited release.
the discovery of the biggest secret in Smurf history. Directed
From A House On by Kelly Asbury. The Boss Baby
Willow Street In this family-friendly animated film, an imaginative seven-
After Catherine, a Yu Wo Wakasuhodo No Atsui Ai year-old teams up with his new brother (with briefcase, suit
billionaires daughter, (Her Love Boils Bathwater) and tie) to topple the evil plot of a puppy. Directed by Tom
is kidnapped for a huge In this Japanese drama, Rie Miyazawa plays Fubata, a McGrath.
ransom, her captors soon terminally ill woman who runs a bathhouse in a small
We Are X
PHOTO COURTESY OF IMDB.COM
come to realise that in town. Her husband has left her for another woman. When
fact they may be the ones she catches up with him, she finds out a heartbreaking A documentary film charting the history of X Japan, a
in danger. Catherine is truth that hes caring for a daughter he never knew he had. legendary glam-rock group from Japan. Directed by Stephen
torturing them with her Her path to reconciliation and redemption will invoke Kijak. Limited release.
dark secret inside her. tears. Directed by Ryta Nakano.
Directed by Alastair Orr. Siam Square
Diamond Island In this Thai horror film, a group of high school friends
Featuring a group of young construction workers on Koh Pich uncover the dark secret of Siam Square, the popular haunt
or Diamond Island, a giant real-estate complex in Phnom for young people. Directed by Pairach Khumwan.
CINEINFO I Am Not Madame Bovary Penh. Featuring a non-professional cast, the story focuses on
Chinese superstar Fan Bingbing stars as Li Xuelian who files a teenager who leaves his rural home to work in the capital Mahalai Wua Chon
Lido and Scala 02-252-6498
a fake divorce with her husband (Zonghan Li) to secure a and who is reunited with his long lost brother. Directed by (Song From Phatthalung)
Swww.apexsiam-square.com/ This Thai independent film is inspired by a popular song by
home.asp second apartment in the city reserved by the government for Davy Chou. At Lido and House RCA.
single people. Her husband later remarries a different women a southern singer. Set in the southern region, the film tells
House RCA 02-641-5177-8
Swww.facebook.com/houseRCA
forcing Li to take things to court. The legal battle drags on but Get Out the story of two friends and how they overcome the odds to
Li doesnt give up the fight despite facing those who wish to A sleeper hit in the US, this social thriller tells the story of become singers. Directed by Boonsong Nakphoo.
Major Cineplex quash her efforts every step of the way. Directed by Xiaogang a black man and his white girlfriend on their nightmarish
Swww.majorcineplex.com Feng. weekend. Chris (Daniel Kaluuya) and Rose (Allison Williams) Koe No Katachi (A Silent Voice)
Paragon 02-129-4635
arrive at her parents house in a wealthy, predominantly-white In this Japanese animation adapted from a hit manga, a
Bangkok 02-515-5555
Chiang Mai 053-283-939 The Shack suburb where everyone is exceedingly civil. Chris will discover bullying schoolboy turns around to find redemption after
Pattaya 038-052-227 This American psychological drama tells a story of Mack the dark secrets of the household. Directed by Jordan Peele. a crime he commits against a deaf girl. Directed by Naoko
Phillips (Sam Worthington) who spirals into deep depression Yamada.
SF Cinema City
Swww.sfcinemacity.com after losing his youngest daughter. The family tragedy Ghost In The Shell
Call Center 02-268-8888 makes him question his innermost beliefs as he receives Scarlett Johansson plays Major, a human-cyborg operative Power Rangers
Chiang Mai 053-142-777 a mysterious letter inviting him to an abandoned shack tasked with fighting the enemy of her employer. A cyberpunk An American adaptation of the Japanese TV series Super
Pattaya 033-003-555
deep in the woods where something that will change his life adventure based on a popular Japanese comic, Ghost In Sentai, five adolescents discover coloured alien coins that
Phuket 076-209-000 give them superpowers. Each of them clad in a distinctive
Patong 075-600-555 forever awaits. Directed by Stuart Hazeldine. The Shell is an action film set in the future as well as a
contemplation on the nature of consciousness since Major, a colour, the quintet have to fight a monster army and save the
IMAX
Swww.imaxthai.com/index_th.html
Fast And Furious 8 robot by definition, still retains a part of her soul. Directed by world. Directed by Dean Israelite.
Life seems to return to normal now that Dom (Vin Diesel) Rupert Sanders.
Paragon
Ratchayothin
02-129-4631
02-511-3311 and Letty (Michelle Rodriguez) are on their honeymoon while Beauty And The Beast
Pinklao 02-435-3750 Brian and Mia have also retired from the game. But things Apprentice Emma Watson is Belle. Dan Stevens is Beast. In this new
change when a mysterious woman (Charlize Theron) seduces In this Singaporean film, Aiman (Firdaus Rahman) is a adaptation of the fairy tale, a young French woman lives in
Vista Chiang Mai 053-894-415 the decrepit castle of a monstrous-looking prince awaiting
Svistashowtime.blogspot.com/ Dom back into the world of crime making him betray his correctional officer working in a prison. He befriends Rahim
family and people close to him. Directed by F. Gary Gray. (played by Malaysian actor Wan Hanafi Su), a veteran his salvation. Directed by Bill Condon.
life t ART
8 | WEDNESDAY, APRIL 26, 2017 | Bangkok Post
T
he women portrayed in Filipina photographer Bacani flew from Hong Kong to New York, Singapore, Abu
Xyza Bacanis black and white shots sing, weep, Dhabi and the Philippines to meet and photograph them. While
chat among themselves and carry out seemingly the cities differ, the abuse and exploitation stories remain the
ordinary activities. same, she says.
Had exhibition labels, complete with captions, Migrant workers are like air, needed to serve but invisible,
not been hung next to each photograph, guessing the shows the Filipina photographer says.
central theme would have proven a challenge. After looking at her work, one can only agree with her state-
On display until tomorrow night at Cho Why, Bacanis series ment. Upon first glance, the photographs may look like your
titled Modern Slavery deals with human trafficking. But typical street photography or documentary shot.
there are no photographs of over-crammed boats, mass graves The shadowy alleys, rundown dorm rooms with bunk beds
or detention camps, as some media consumers would expect. it all seems so familiar, that one could mistake the scenes for
Instead, Bacani forces us to acknowledge that the reality of Yaowarat or any Asian citys back streets.
human trafficking is more diverse than that. Human trafficking Its so familiar that you practically end up overlooking that
has no face. these people could be modern slaves.
As the number of international migrants rose to 244 million
in 2015, more people become at risk of falling prey to trafficking, Modern Slavery is on view at Cho Why until tomorrow.
ART SCENE
Atmosfear: New Painting
100 Tonson Gallery
Soi Tonon, Ploenchit
Thursday to Sunday, 11am-7pm
Call 02-010-5813
Until May 21
Wall paintings by Yuree Kensaku explore fear through
seemingly light-hearted characters and colours.
In Nowhere Land
Kathmandu Photo Gallery
Silom Road
Tuesday to Sunday, 11am-6pm
Call 02-234-6700
A New Interpretation Of Until Apr 29
The Paradoxical World In this photographic exhibition, French-English
Nova Contemporary photographer Didier Mayhew presents a slice of life of the Made By Microwave
Until May 31 nomadic families from the Terai, the infamous malarial Pullman Bangkok Hotel
Tuesday to Sunday, 11am-7pm lowlands between the Indian border and the Nepali Until May 21
Soi Mahadlek, Himalayan foothills. Call 02-352-4000
Ratchadamri Road Kanitharin Thailamthong shows 10 artworks of digital prints
Call 090-910-6863 Investigating Inspirations inspired by his daily life, which revolves around a traditional
In A New Interpretation Thavibu Art shophouse and a round Chinese dining table.
Of The Paradoxical World, Jewelry Trade Center Building, Silom
Narissara Pianwimungsa Until May 30 Mode Of Liaisons
explores the condition of Monday to Saturday, 11am-7pm Bangkok Art and Culture Centre
loneliness that plagues the Call 02-266-5454 Tuesday to Sunday, 10am-8pm
modern world through Investigating Inspirations features new paintings and Call 02-214-6630-8
embroideries of animals. sculptures by a group of six Thai artists who take their Until Oct 2
inspiration from social, political and spiritual experiences, The Japan Foundation Asia Center presents the Mode Of
and who have created works of art that encourage the Liaisons exhibition featuring paintings, sculptures, films/
audience to question theworld we live in. videos, installations and performances by 20 artists.