Message from the Managing
Director
This is one of the most important
times in the history of Royal Siam Trust.
Our current projects are
the most exciting we have ever offered. The
concept of Land Banking has become very much
better known and is now an excepted component
of any well thought out portfolio. Thailand
continues tremendous economic growth supported
by high tech industries and motor manufacturing,
along with the ever important tourist industry.
We are better placed than
ever before to capitalize on this situation.
We emerged from 2006 a much
stronger organization, one that is more globally-focused,
restructured, and streamlined.
Our IT department rolled
out key initiatives which not only improved
our efficiency and effectiveness but gave
clients more information on their investments
than they ever had access to before.
Our forward-looking human
resource policies have enabled us to build
a strong team that is knowledgeable and experienced
in the areas of key importance. Our
ongoing hunt for personnel with the “right
stuff”will deepen our talent pool further. Today
we operate in an environment where only the
very best will survive so whilst we already
recruit the best, we continue our training
and personal development programs to ensure
we have the very best.
The opening of our digital
showroom in Bangkok was an important event
for us, allowing the interactive screening
of multiple presentations in a purpose built
friendly environment. While it can
never be a substitute for actually visiting
the land, immersing oneself in the world
created by three projectors and two large
plasma screens is a great way to see the
potential in any location.
Talking of visiting the land,
we welcomed more visitors than ever before
to join us at our White Sands Beach project. Only
40 minutes flight from Bangkok meant that
visitors were able to spend some time on
the beach feeling the white sand under their
feet as well as visiting the Cambodian border
a short drive away, followed by a splendid
and leisurely seafood lunch. The flight
back to Bangkok was invariably spent talking
about the wonderful “day at the beach”
Our fist office in Singapore
opened on 1st November and has been steadily
consolidating our position in that Island
state. Plans for offices in Hong Kong,
Taiwan and mainland China are well underway,
we are also looking at Europe and the USA.
There is an ancient Chinese
proverb that says “may you live in
Interesting times.” We have certainly
had an interesting time in Thailand during
2005. A peaceful coup supported by
his majesty King Bhumibol Adulyadej and welcomed
by the populace made little or no difference
to day-to-day life here. Six small bombs
exploding on New Years Eve seem to be the
work of disillusioned members of the old
government who have now lost power and as
such probably don’t form any real long
term threat. Already the Thai media have
moved on to other issues. I have
heard from many people abroad that the media
coverage has suggested that this is an ongoing
bombing campaign; this appears not to be
the case. The feeling here is that it was
just a few people who wanted to make their
point and now that they have done that, they
will use political means rather than violence
to get attention. Overall the situation in
Thailand remains unchanged.
I believe that Royal Siam
Trust’s prospects for growth are excellent. I
believe it not because I have to believe
it or because I have a crystal ball to see
the future. Rather I believe Royal Siam Trust
is heading in the right direction because
I know first-hand that Thailand has a secure
and stable future. Add to that a little focus,
a team of talented people and a lot of drive;
well I think it adds up to many more interesting
times to come.
 |
John D. Pickard
Managing Director |
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