HSBC aims at expanding its credit card business in Thai market by 20-30 percent this year.
The HSBC Thailand on Monday launched a promotion programme for the holders of its credit cards to redeem for gifts with lowest spending requirement in the local market in the latest attempt to grow its business.
Mariano Reisin, head of marketing and communications at HSBC Thailand, told reporters that the “HSBC Rewards Catalogue 2006” will offer card members the best value for every purchase.
What remains to be seen, according to consumer advocates in the United States, is whether HSBC will credit payments in a timely manner in Thailand, or if late fees, overlimit fees, past due fees, high interest rates, and failure to credit payments in a timely manner is a problem only in the United States.
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“The lawsuit, Wlodzimierz Stanny vs. HSBC Canada, was held on the 2nd day of February, 2000. I sued HSBC Canada because its lawyer, Douglas L. Kennedy, had full knowledge that the sale of the book “Your Choice” had already been investigated by the Royal Canadian Mounted Police and Scotland Yard, and both organizations found the deal 100 percent legal. Mr. Douglas L. Kennedy described the selling of the manuscript of the book “Your Choice” to HSBC Group as extortion.
Forced by good sense of business, the book “Your Choice,” which is based on true facts, should be advertised regardless of being published or not. I assured a wide
audience of this by advertising the book at the world wide web site and through other media.
Having some knowledge of journalism, I even advised the Hongkong Bank of Canada that I was publishing this advertisement.
Anyhow, the court case was scheduled to be heard like the one before (on the scheduled time-table) however somebody cancelled the last hearing. During the proceedings in court that day a lawyer stood up and claimed that his case had been
cancelled without anyone notifying him even though he was present and would like to be heard. Having shameful cases heard as the last one of the day was common practice in socialist Poland. To this day, I don’t know if it was a coincidence or if it was intended.
The case was stroked. It took Master-in-Chambers W. Breitkereuz two weeks to make a decision. In his ‘Memorandum of Decision,’ he stated that one of the paragraphs in the statement of claim was, “Bizarre beyond belief; the plaintiff alleges that he was ‘forced by good sense of business’ to [assure] a wide audience for that statement [advertised] on his world wide web site.”
-Wlodzimierz Stanny ‘YOUR CHOICE’
nb. for more information, please visit the web site:
http://www.albertacourts.ab.ca/go.aspx?tabid=13&retn=/isysquery/irld299/1/doc