The most beautiful Prime Minister in the world: Yingluck Shinawatra
The most beautiful Prime Minister in the world: Yingluck Shinawatra
Thailand has hot ".com" companies too
The Singapore-based website PropertyGuru.com plans to spend 80 million baht to expand the online property market in Thailand and develop data management systems after acquiring the Thai website DDproperty.com earlier this year.
PropertyGuru Group CEO Steve Melhuish said the investment over the next two years would be for upgrading the website’s data management, with a focus on marketing and promotional activities to give DDproperty.com more exposure to potential customers.<!—more—>
The group expects to break even within 18 months. It aims for DDproperty.com to have at least 1.5 million visits with over 10 million monthly page views by the end of the year, up from about 740,000 visits and 4.96 million page views in June with 95,000 property listings.
“Thailand has potential for growth due to the strong economy and the online explosion,” said Mr Melhuish. “The investment climate is expected to be positive after the election. The residential market is strong and commercial property is improving.”
He noted internet penetration reached 33% of the population last year.
The online advertising sector overall in Thailand has a value of more than 1.5 billion baht a year, with a growth rate topping 20% in the past year. The dynamic online property market is still young and has plenty of room to grow.
“We will put together a property database across countries. Singaporean investors can buy Thai property and vice versa,” said Mr Melhuish.
DDproperty.com was founded in late 2007 by Tanomsak Khacharoen and Siriporn Paewattanakul. Last year it generated 2-3 million baht in revenue from banner and display ads and listings.
PropertyGuru.com, found in 2006 by Mr Melhuish, has seven websites in eight countries including Singapore, Malaysia, Indonesia, Australia, Hong Kong, India and Macau, with 4 million users and 50 million monthly page views.
- Published in Bangkok Post: 22/07/2011 at 12:00 AM
Thailand is full of entrepreneurs, including small businesses that sell toast - all kinds of toast!. I bet this would make a killing in California!
Startup Costs:
1 loaf of bread: $3.50
Can of Jam: $2.50
Toaster: $15
TOTAL COSTS: $21!
Toast shop (by mic*)
ขนมปังสังขยา or else known as huge sliced white bread with custard. You can find these almost everywhere in Bangkok. Fills your tummy up with the most delicious things!
Thailand’s unemployment rate is 1.2%! No kidding…
I was pretty horrified the other day when my wife giggled and told me how a woman just cut off her husband’s penis and threw it down the garbage disposal. Then this morning I’m reading the LA times and I see this article explaining castration is not as uncommon as one would assume and that Thailand may lead the world in penis slashing. The act is colloquially referred to as “feeding the ducks” because that is apparently a common way of getting rid of the evidence.
So I ask my Thai wife if she’s heard of the expression, “feeding the ducks.” She replies, “Oh yes, it’s an old expression…” Really?!
Lub d Hostel, Bangkok. Low budget hostel that doesn’t scrimp on design…only about $10 to $25 U.S. dollars per night. Visit silom.lubd.com.
It would be fun to run one of these; be a nice break from my career in banking.
(Source: weheart.co.uk, via acoustic-garden)
Public Service Announcement (PSA) to encourage exercise in Thailand. Too funny.
(Source: youtube.com, via likelyhealthy)
Thailand’s opposition won a landslide election victory on Sunday, led by the sister of former Thai prime minister Thaksin Shinawatra in a triumph for red-shirt protesters who clashed with the army last year. Yingluck Shinawatra, a 44-year-old business executive, will become Thailand’s first woman prime minister.
