Weighty souvenirs

Economy April 08, 2014 00:00

By The Nation

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In an effort to support farmers who have suffered from delayed payments for their pledged rice, Banthoon Lamsam, chairman and CEO of Kasikornbank, asked staff who organised the bank's shareholders meeting last Friday to give those attending rice bags as s

Shareholders were not warned that they would be given a 1-kilogram rice bag as a meeting souvenir, and thus the first question bank staff were asked was: “Has the bank prepared transport shuttles?”
A 1kg rice bag might have been too heavy for some shareholders, many of whom are senior people. Banthoon may have forgotten this.
No questions asked
At a time of political turmoil when even roadside food vendors have been complaining of slow sales, Sorapoj Techakraisri, CEO of Pace Development, surprised many when he announced that the firm had achieved a record Bt1 billion worth of sales of its ultra-luxury Ritz-Carlton Residences condominium project, costing more than Bt100 million each, during the first two months of this year. 
When a reporter asked Sorapoj if he knew why these European and Asian customers had decided to buy these pricey condos, the CEO said he was also surprised but wouldn’t ask the buyers for their reasons until they had signed the contracts. 
“If I asked them first, maybe I wouldn’t be able close the sales at a good price,” he explained with a laugh. 
Not a bad sales tactic.
World Cup worry? 
At a media briefing last week, the governor of the Electricity Generating Authority of Thailand, Soonchai Kumnoonsate, used many graphics and charts to explain the country’s electricity situation. He expressed concern over a possible disruption of power supply in the Southern region if electricity-conservation measures are not effectively conducted, when gas transmission from the Joint Development Area to power plants shuts down temporarily. But the governor also showed his good sense of humour.
“While we expect industries to help save electricity, coincidentally, there will be the World Cup during that period. I hope [southerners] won’t watch too many soccer [matches],” he said. 
But he was only joking, as he knows that live broadcasts in Thailand of the matches in Brazil will be mostly late at night, not during the peak electricity-demand period.