Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
SlideShare a Scribd company logo
Agenda Bangkok
a
                  !"#$!%&'()*+,)"-./-0!12)324$5#$!%&670*8)9:;2*<5
             *1(=0!>?@#2A1B2C2#AD-0>E&C!%&671FG??C=C2#AD
        *1(=0!>H,I)"G$*<2-,?FBJF0>%$=@G<=GF#KL"GF#1#J*#16<=@G<)
    *1(=0!>?@#2A1A2B@?F67'#?#1MN*"IOP@#!(*C$F#=,)"@?)-
                                                                                                                                          a
                0>1#7G#17*1(=0!>AEC01E&C=9C=A2*1(=0!>!(*A2
!89$!:;)<==><8?"@A/#01!"23*)$4#B%C!89$!3D61*;:1E618#F!"GB".<3@             K;F!$DA61R)/5$HI:17C$8?<=__J<RF3@/)#!;D6/7+T1MNC:I)/#01!"23*)$4#*;+1R)/
8#FH)/#6)G+.7)3"F!,@.$3)//:I)<J<;C)$4$<B3I$+,/+,8#FH)/#KL1K;FMNC           "@A<3`#`:`<'0E032+$]0&<,#O2+7#<RF%()#17()K*$I14#,:)#F<U<8?<RV1!89$-6/)'"@A%@
"@A!EC)3)7O%7I66@/:+$;FB3I7(A)/:I)<=<;C)$4$</#01!"23*)$4#<3@'P)$F!89$!E7   5$/)#"@ARFR+%"()<a:)#F/#01!"23*)$4#b<!2DA6"@ARF'#08K;F#+,cW18WX*)R)/
8/4#612O!GQ<"@A3@/)#R+%'##6()$)RK;F-4#1'#C)1/)#,#O*)#1,8#F3)S!89$          8#FH)H$<'+3Z)QS&K;FP6%,"!#@.$R)/MNC"@A3@'I:$B%C'I:$!'@./+,/)#,#O*)#
E617+:!61<3@MNC:I)#)H/)#R+1*:+%"@A3)R)//)#!;D6/7+T1-%.7#1E618#FH)H$        1)$/#01!"23*)$4#-%.7#1<"+T16%@7MNC:I)#)H/)#R+1*:+%/#01!"23*)$4#<
%()#17()K*$I1:)#F4#+T1;F<U<8?                                              6%@7'3)HO/:0O'Z)/#01!"23*)$4#<7+:K"$R)/Z)4!6/H$<6%@7MNC"@A3@'I:$
                                                                           5$/)#:)1KM$#F,,E$'I1/#01!"2<<#:3B8PV1EC63N;R)/$+/:OH)/)#K;F$+/
PV1K3CRF3@'P)$F"@A4I6$EC)1!89$!6/!"GK;F')3)#P,N#S)/)#K/C8WX*)              2+$)'+143"@A3@4:)3#NC5$8#F!%Y$7I)1^<!2DA6R+%"()EC63N;<EC6!'$6!HO1$-.,).<
-%.'I:$"C61POA$B%C<K7IK"C"@AR#O1K;C:/#01!"23*)$4#.+141!7Y3B8%C:.8WX*)      K;FEC6!'$6K$F"@ARF!89$K$:")15*C/+,MNC:I)#)H/)#/#01!"23*)$4#4$5*3I<
3)/3)."+T15$%C)$</)#:)1M+1!3D61</)#43$)43<8WX*)6)HX)/##3<H03H$             #:3B8PV1H03H$K;F*$I:.1)$7I)1^
K66+%<3;Z):F<K;F6@/*;).%C)$</#01!"23*)$4#<B%C/;).!89$!3D61-7!%@A.:
6.I)1'3,N#S&K,,!3DA64:)3!R#OX"+T1%C)$!G#Q[/OR<'+143<:+$]##3<#:3B8PV1      6$VA1R)/8#F',/)#S&5$#F.F!:;)"@AMI)$3)<5$!:;)#F*:I)1/)#R+%!:"@
GN$.&/;)1E616()$)RB%C/#FR0/7+:3)6.NI"@A/#01!"23*)$4#<K;F6)G+./)#%V1        8#FH+$:O'+."+G$&E61MNC'3+4#MNC:I)/#01!"23*)$4#<-%.'I:$5*XIMNC#I:36ZO8#).
"#+2.)/#R)/2DT$"@A6DA$^<!EC)3)2+$)                                        3+/RF!'$6EC6!#@./#C61!HO1$)3]##3</)#R+%"():)#F/#01!"23*)$4#RF
                                                                           !89$/)#2+$)EC6!#@./#C615*C/;).!89$EC6!'$6"@A')3)#PR+,7C61B%C,$[)$
                                                                           EC63N;K;FEC6!"YRR#O1<K;F5$"C)."@A'0%/YB%C<d><!"#$%&$-.,)."@ARF!/O%EVT$/+,
                                                                           /#01!"23*)$4#5$6$)47<!2DA6"@ARF#I:33616$)47/#01!"2eB8%C:./+$<B3I5HI
                                                                           !2@.1*:+1:I)MNC:I)#)H/)#R+1*:+%/#01!"23*)$4#4$5*3IRF')3)#PK/C8WX*)
                                                                           "0/6.I)1B%C*3%<!2#)F:)#F/#01!"24D6!#DA61E614$/#01!"2"0/4$

                                                                           <            <           2O!H[<.OA1!/@.#7O40S
                                                                           <            <           <              <     <                     <
                                                                           <            MNC8#F')$1)$-4#1/)#<fghijk<lkigmnm




2   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
I17!%I-C:;=!1=X11?-`#D7
                                             C)%D'?#J8*G(U8'[#*1(=0!>H-NT7-2<*><U2#J(?J21#=G<TN?*,a,a-'#9#*#1518*#1'#X#1Y7
                        ^[#AI17J#J2-D"C=?%'FG21FG?B2*#1$*17)<5A(Y[#>J%G8D9C=D<G0C=)"G$_
QRB2S#27I17J#J22C*6#*01E&C=9C=*#109"#,I1"C=9CAG#?                                 K'$<!2#)FoF$+T$%Oo+$/Y4O%:I)7V/'N1^!*;I)$+T$5*C!E)<"@A40S3)"()
JFG$0@TEC67?%'FG21FG?C$F#=,1-B2*#1><U2#0?EC=*1(=0!>,)"                            3)*)/O$6.NI<40S/Y4:#RF!6DT6!cqr6%NK;<6.I)1/#S@E61,#OQ+"<
5"#=V                                                                             ;s6/!;I.&$F4F<!E)/Y5*C/)#%NK;H03H$"@A6.NI#6,^,#OQ+"<B3I:I)RF
I17!%IR/Y.+1$C6.6.NI$F4F<!2#)F:I)8WRR0,+$$@TPV1K3C:I)RF3@/)#                      !89$!#DA61E61/)#':+'%O/)#'+1436FB#7I)1^<%Oo+$4O%:I)$@A!89$R0%
!;D6/7+T1<'`E`K;F'`/`</Y.+1!89$'I:$!;Y/^$O%!%@.:"@A2##4/)#!3D61<                  !#OA3"@A%@<K;C:/Y4:#RF5HC7+:6.I)1$@T<!89$7+:6.I)1E61/)#"@AB8E.).
$()!6)4$5$2DT$"@A!EC)B8M'3M')$!2DA6RF"()5*C<3@4:)3#NC4:)3                         5*C4#,<_><!E7:I)K"$"@AMNC6()$:./)#!E7<*#D6!RC)*$C)"@A!E7RF3)
!EC)5R!/@A.:/+,8WX*)E61H03H$<K;C:/Y5*C!/O%/)#K/CBE<K7I:I)                         $+A14O%K4IB3I/@A4$<K7I:I)PC)!/O%!#)')3)#PE.)./)#3@'I:$#I:3E61
5$,)1!E7</YRF3@/)#8#FH03<!E7/YRF5*C!%D6$;F*$VA14#+T1"@A                           Z)48#FH)H$5*C"+A:"0/!E7/Y.OA1%@
8#FH)H$')3)#PB82N%40.<*#D6:I)B8$()!'$68WX*)B%C<K;C:
*$I:.1)$7I)1^/Y3)$+A1#+,cW1</Y!/O%R)/4;61!7.$@AK*;F"@A!#OA37C$                    QRA1LI17!%I2%&?%4C*#'09"#,I0ATE&C2,@GB2[#AI17J#J2B2-
B8K;C:<4;61!7.!89$R0%!#OA37C$/#F,:$/)#5*C8#FH)H$<5*C4$                            @T#$4C*#'-C$#*M#?GF#[#AI17J#J2-@1ECI17J#J2
.)/4$R$3@-6/)'5$/)#$()!'$68WX*)E617+:!61<K;C:8WRR0,+$                             !<&G,IAG1D17@2<*'8!X8]9C=D<G0C=C$F#=,15"#=A1<5V
$@T/Y*;).!E7<K7I/YB3I"0/!E7"@A3@/)#8#FH03MNC$()H03H$5$"0/!%D6$<                   I17!%IR4D6<E61!#)!$@A.$F4F<8#FH)H$-%."+A:B8/Y.+1361:I)<
K7I:I)%Oo+$!61.+13616.I)1$@T<:I)8WX*)E61/#01!"23*)$4#4D6<                         !E)!$@A.6.NI!89$8#FH)H$<B3I3@!'C$<B3I3@').<2N%B8/YB3I3@6FB#
/#01!"23*)$4#!89$!3D61"@A!89$!3D61*;:1<K;F!89$!3D61"@A3@MNC4$<                    !8;@A.$K8;1<8#FH)H$.+14O%6.I)1$@T6.NI<!;D6/7+T1B8!%@t.:/Y!;D6/
3)R)/"@A7I)1^K;C:3)6.NI<K;C:/Y<3+$B3I3@4:)3#+/4:)3MN/2+$5$                        B83+$/Y!*3D6$/+$*3%<!;D6/B8/Y*).*3%<8#FH)H$7C61!8;@A.$
2DT$"@A<.+13@4:)3#NC'V/:I)3)"()3)*)/O$6.I)1!%@.:                                  5*3I<!8;@A.$4:)34O%$@T5*3I<:I)!E)3@'O"]Ou<3@G+/%OuG#@<!E)!'@.Z)Q@<
                                                                                  K;C:/Y.+13@H):,C)$6@/<%Oo+$!HDA6:I)B3I7(A)/:I)<p>vU><!86#&!wY$7&
QR-IOP@#@2:&=*+AECI17J#J2'FG2B@PF1L"':*GF#,?FD"C=0IW2                             E618#F!"G$@T"@A.+1B3I#NC:I)!E)!'@.Z)Q@*#D6!8;I)<!E)!89$8#FH)H$
06"#9C=-9C='#X#1Y76:=-,?FD"C=)LNT1<*Z#BJF,@?A1<5V                                 "@A4:#RF3@'O"]O6FB#,C)1!E)B3I#NC<!E)4:#RF#NC:I)<!E)!61')3)#P"@A
I17!%IR5HI<R)/4:)3#NC#+/K;FMN/2+$<RF7C61%NK;#+/Q)K;FHI:.                          RF!#@./#C61B%C<')3)#P"@ARFRO$7$)/)#:I)</)#GV/Q)E61!E)#+[
!*;D6/+$3+$.+1$C6.<PC)*)/:I)!#)3@8#FH)43"@A!EC3KEY1EVT$<5*C                       4:#RF3)#+,MO%H6,6FB#40SZ)2H@:O75$"@A"()1)$<!E)4:#RFB%C
K7I;F!E7<_><!E7<!E)3@8#FH)435$2DT$"@A$+T$!EC)3)#:3/+$<6)R                         #+,/)#%NK;6.I)1B#<"@A6.NI6)G+.E61!E)<-R#MNC#C).6FB#7I)1^!E)
RFMI)$-%./)#!;D6/7+T1!89$MNC6()$:./)#!E7<*#D6*)/B3I3@/)#                          4:#"@ARF3@-6/)'<*#D6,)1"@%Oo+$/Y!EC)5R$F4F<!E)!#@./#C61B8
!;D6/7+T1!89$MNC6()$:./)#!E7</Y6)RRF3@!89$8#FH)43EVT$3)!89$                       6+$7#).3)PV1!E)6@/</)#PN/3)#&4*+:6@//Y!EC)5R<6+$$@T3+$/Y3@/)#
!#DA61!89$#):<B3I5HI!89$K4I4$E612##4/)#!3D61<K7I!89$4$"@A"()                      '#C)1/;0I3!2DA6RFw+226#&75*C!/O%4:)3!EC3KEY1<K;C:5*C8#FH)H$
3)*)/O$5$"@A7I)1^<5*C!E)!EC)#:37+:/+$K;FHI:./+$%NK;<%NK;/+$                       3@4:)3/;C)*)X"@ARF;0/EVT$3)K;C:,6/:I)<o+$6.)/!*Y$/)#
"+T1H03H$<%NK;/+$"+T1!E7<!2#)F:I)5$K7I;F!E73+$RF3@4:)3K7/                         !8;@A.$K8;1"@A%@/:I)!%O3
7I)1!*;DA63;(T)/+$6.NI<5HIB*34F<6.I)1!E74;61!7.<4:)3<
!*;DA63;(T)RF!*Y$B%CH+%3)/"@A'0%<!#)RF3@7V/'N13)/"@A'0%<K;F
4$R$5$';+3<3@';+3<Up<H03H$/Y!/D6,K'$4$<"@A6.NI5$';+3/Y!/D6,
                                                                                                                                                   3
C[81<*Z3--4*Z74$X82
C)%DKL"GF#1#J*#16<=@G<)*1(=0!>?@#2A1-c-'?<$
^*1(=0!>HD"C=*#1A2!%&?%G8'<$!<w23_
QR-IOP@#@T<*9C=*1(=0!>?@#2A1B2S#27!%&!F#20A$?%'FG2                !;Y/"@A!89$<‰nŠmh~<‰k}m<5*C4$5$H03H$')3)#P"@ARF3@4:)3
1FG?B2*#1G#=24$5#$*1(=0!>?@#2A1AECC7,1V                            'F%:/5$2DT$"@A!8‹%-;I1"@A!E)RF')3)#P2)<;N/*;)$B8:OA1!;I$<2)
                                                                   4#6,4#+:B82+/MI6$66//();+1/).<5$ESF!%@.:/+$7C613@#F,,
C[81<*Z3-R<!#DA61/)#,#O*)#R+%/)#*#D6-4#1'#C)1614&/#</"3`<          8Œ61/+$Z+.2O,+7ORF!89$-4#1/)#8Œ61/+$$(T)"I:3<-4#1/)#'#C)1
76$$@T!#)3@EC)#)H/)#,:/;N/RC)1!/D6,K'$4$wVA1PD6:I)!.6F             K$:/+T$$(T)<-4#1/)#60-314&#F,).$(T)E$)%5*XI<-4#1/)#K/C3;O1<
3)/<K7I:I)!:;)"()1)$$@A3+$/YRF3@EC6R()/+%<'I:$*$VA1!89$!#DA61EC6   -4#1/)#"@A,#O*)#R+%/)#!HDA63-.1/+,R+1*:+%7I)1^5$!#DA61E61;0I3
/x*3).E61<2`#`,`<,#O*)#</"3`<66/3)7+T1K7I8?<=y<76$$@T/Y            K3I$(T)")1<!*$D6<7F:+$7/<7F:+$66/<"@ARF!#I1#F,).$(T)B%C<*#D6
6).08#F3)S<=></:I)8?<!/D6,<p><8?<!89$!#DA61"@A$I)8#+,8#015*C       K3CK7I/)#8Œ61/+$Z+.2O,+7OKMI$%O$B*:</)#KRC1!7D6$Z+.<M34O%:I)
!*3)F/+,.04'3+.                                                    K,,$@TRF"()5*C/#01!"23*)$4#!89$!3D61$I)6.NI<3@'Z)2K:%;C63
                                                                   "@A%@
QR-*1(=0!>?@#2A10IW20?EC=!%&09"?N9+=NT"G01#67'#?#1M                nefoop-qrsi
1<5?EC*<5I17J#A?C#0a%$2B2Ib-c/.d-?#*NAF,@2V                        *3).4:)3:I)40SZ)2H@:O7E614$!3D61<PD6!89$!#DA61"@A3@4:)3
                                                                   '()4+X3)/<PC)!#)3@#F,,:)1M+1!3D61"@A%@<3@#F,,:)1-4#1'#C)12DT$
C[81<*Z3R<4D66.I)1$@T<7)3"@AM3361:I)/#01!"23*)$4#$6/R)/RF          [)$7I)1^<6.I)1!HI$<#F,,E$'I13:;H$<#F,,/)#,#O*)#R+%/)#
!89$!3D61*;:1E618#F!"GB".K;C:<.+1!89$!3D61GN$.&/;)1E61             !/Y,E.F<4:)3'F6)%</)#:)1#F,,/)#GV/Q)"@A%@5*C/+,2@A$C61
ZN3OZ)4%C:.<%+1$+T$/)#!7#@.37+:!2DA6!EC)'NI8#FH)43!G#Q[/OR         8#FH)H$<3@-#1!#@.$"@A3@40SZ)2<•8WRR0,+$/#01!"23*)$4#%NK;
6)!w@.$5$8?<=__y<*#D66@/<p<8?EC)1*$C)<M3361:I)3@6.NI<U<!#DA61"@A   -#1!#@.$PV1<Up></:I)K*I1Ž<K,,$@T7C61./#F%+,40SZ)2H@:O7E61
!89$!#DA61'()4+XE65HCZ)Q)6+1/zQ!#@./:I)<U{<B%CK/I                  4$<"+T15$!#DA614:)38;6%Z+.<4:)3'F%:/5$/)#!%O$")1<"+T15$
.e-fghijgk                                                         !#DA61':+'%O/)#'+1437I)1^<6+$$@TB3I$+,5$!#DA61E61GO;8:+$]##3
5$:+$$@T5$!HO1"()!;"@A7+T1*#D6.0"]G)'7#&7C61PD6:I)/#01!"23*)$4#    wVA1!89$6@/303*$VA1<'I:$5*XI!#)RF361303<†i•}kƒ~}•Š~•}h<!#DA61
!89$!3D61<GN$.&/;)1"@ARF!HDA63-.1/+,!3D617I)1^5$ZN3OZ)46)!w@.$     -4#1'#C)12DT$[)$<K7I:I)!#DA61$@T!89$303")1RO75R<
B%C%@"@A'0%!3DA6<!"@.,/+,!3D616DA$<2N%1I).^!89$GN$.&/;)1%C)$/)#    tefoop-fouilmgmvi-
!%O$")1<B3I:I)RF!89$%C)$/)#,O$<GN$.&/;)1")1%C)$43$)43              M3:I)$@A!89$!#DA61'()4+X3)/5$-;/'3+.5*3I<4():I)<{nnj<{n•h}iv
E$'I1-%.;+/QSFZN3O8#F!"G<<K;F7C61M;+/%+$5$!#DA61/)#                kiŠh<5$4:)3*3).E61M3B3IB%C*3).PV1!#DA61]##3)ZO,);<!#DA61
!HDA63-.1/)#E$'I1"+T1#F,,P$$K;F#F,,#)15$;+/QSF"@A!#@./<            4:)3-8#I15'!"I)$+T$<K7I3615$!#DA61E61/)#!8‹%-6/)'<5$!#DA61
:I)<a#F!,@.1!G#Q[/ORb<")1!*$D6<57C<7F:+$66/<7F:+$7/<5$             E61<‘k}~†Š†‘k~†ni<4D6!8‹%-6/)'5*C2@A$C618#FH)H$!EC)3)3@
;+/QSF"@A!#@./:I)<|n}~•<€n•~•<‚kƒ~<„hƒ~<…n}}†jn}                   'I:$#I:3'F"C6$8WX*)7I)1^'I:$"@A'61<!#DA611,8#F3)S"@A,#O*)#
cefliim                                                            #)H/)#E61</"3`<B3I4:#R()/+%!o2)F1,8#F3)SE61</"3`<
5$-;/$@T!3D61"@A!89$<‡hgk<…†~ˆ<7C612+$)!3D615*C!89$!3D61'@        6.I)1!%@.:<K7I4:#M;+/%+$/)#3@'I:$#I:35$;+/QSF"@A!#@./:I)<
!E@.:<3@/)#:)1#F,,M+1!3D61"@A%@<!2OA32DT$"@A'@!E@.:<!HI$</)#8;N/   ‰}†•k~h<‰•’“†Š<‰k}~ih}ƒ•†‘<•‰‰‰Ž<!8‹%-6/)'5*C3@/)#,#O*)#
7C$B3C</)#!2OA3':$*.I63<':$')])#SF<"+T1E$)%5*XI*#D6E$)%            R+%/)#!3D61
4   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
Y1=A3w<*)8]--[L?8w1%'C#)
                                                   KL"JFG$*11?*#1KL"6<)*#1I17'#21<S*86-518Z<!-a%>%-CCTT3-6x#*<)-€?@#J2•-D<GN!2[#A0C*J2
     ^-*#1?%'FG21FG?6#*!(*[#A'FG20IW2'8&='x#A<P-0>1#7*1(=0!>H,?FBJF9C=A2B2A2@2:&=_
QR-6#*I17'5*#1Y3!%&,)"!#=#21FG?*<5[#A1<S-?C=6#*?(?
                             x                                                             QR-DC22%;01#*x#T<=>L)M:=01E&C=@T<**#1B@?F--yz{|rv-ylrughi-
?C=0C*J209"#,I-B2[#A1<S?%T<*ZY7-9"C)%9"C)"C$0?E&C0!%$5*<5                                  yglhmil}~r•-€yyy•-*+AEC*#1!x#=#21FG?17@GF#=[#A1<S*<5
0C*J2ND*DF#=*<2C$F#=,1                                                                     0C*J2B2*#1!x#*86*11?DF#=-B2?(??C=9C=[#A0C*J2-A(Y
Y1=A3w<*)8]R-<4D6Z)4#+[.V%5$!#DA61/x#F!,@.,6.NIK;C:5$!#DA61/)#                             ?C=6()2%;C$F#=,1-NT"G*+'#?#1M2x#?#I17$(*D3*<5!#=-*!?e
"()1)$<K;C:/Y3@E+T$76$<3@/#F,:$/)#<3@;()%+,H+T$5$/)#%()!$O$                                @1ECa%>%,)"C$F#=,15"#=V
1)$3@3)/6.NIK;C:<K7IPC)P)3:I)Z)4!6/H$3@4:)3K7/7I)1/+$<                                     Y1=A3w<*)8]R<M3:I)"+T1<_><!E7E61!#)3@4SF/##3/)#:+$]##3
41RFH+%!R$$F4#+,:I)!#)3@6O'#F5$/)#"()1)$<-%.!o2)F*$I:.                                     *#D66FB#/Y7)3"@AESF$@T3@6.NI<K7I.+1B3I!*3D6$7()#:R<7()#:RESF
1)$!6/H$;+/QSF5*XI^6.I)1!#)<6.I)1!w!:I$3@<J”J>></:I)')E)<                                  $@T<!6)!6/H$*#D6MNC"@A3@4:)32#C63*#D6:I)MNC"@A5*C4:)34O%4:)3!*Y$
3@*$I:.1)$Z).5$6.NI8#F3)S<U></:I)*$I:.1)$<"0/*$I:.1)$                                      HI:.5$/)#<,#O*)#R+%/)#<P)3:I)!EC)B8K;C:<!#)B8*:+18#F-.H$&
3@6O'#F5$/)#"()1)$<K;C:/Y/)#7+%'O$5R5$!#DA61,)1!#DA61wVA1B3I                               6FB#*#D6!8;I)<B3I3@K;C:*;F4#+,<PC),#OQ+"5*XI*#D64$"@A3@4:)3
R()!89$7C61B8E6$-.,).!#)4O%6.NIK;C::I)6+$$@T4D6$-.,).<H+%!R$                               2#C63!E)3@K7I5*C<K;C:</"3`2#C63B*34#+,"@ARF5*C!6/H$!EC)B8
6.NIK;C:<!#)/Y!%O$*$C)!;.<!2#)FoF$+T$4:)3K7/7I)1/YRF!/O%EVT$<                              3@'I:$#I:3/+,/)#,#O*)#R+%/)#E61!E7<PC)!EC)B8#I:3B%C<M3
4D6*$VA1!#DA61/)#3@6O'#F<'61!#DA61/)#7+%'O$5R<')3!#DA61/)#R+%5HC                           :I)"()5*C!/O%4:)3'+32+$]&"@A%@</)#HI:.!*;D6!/DT6/N;/+$<*#D6K3C
1,8#F3)S<1,8#F3)S/Y3@'I:$7+:E61!#)<!2#)FoF$+T$!3DA63@1,                                    /#F"+A1/)#"@A!#)RF7C61"()5*CPN/7C61<4D6!EC)B86.NI5/;C<54#,C)1"@A
8#F3)SE61!#)K;C:<B3IR()!89$RF7C61B8E65HC1,8#F3)S6@/<M3                                     RF,6/5*C!2DA6$!%D6%#C6$<#NCR+/"I)$MNC6()$:./)#!E7<MNCHI:.<*#D6
/Y!HDA6:I)#F,,#)H/)#.+17C61!89$B87)3E+T$76$<!2#)FoF$+T$/)#                                 K3C/#F"+A1</"3`!61"@A!89$'I:$/;)1<RF!89$'()$+/B;IB8PV1"I)$#61
3@6O'#F6.I)1$@T!/O%EVT$</)#"()1)$RV17C61#:%!#Y:<<!2#)F!#)7C61                              8;+%<"I)$8;+%/Y7)3<.OA1#NCR+//+$!#).OA17C61#F:+13)/EVT$!2DA6B3I5*C
KEI1E+$5$7;)%5*CB%C                                                                        4$!*;I)$+T$<"+T1*;).!%D6%#C6$<K7IP)3:I)!#)HI:.6FB#B%C<6FB#"@A
                                                                                           HI:./+$B%CHI:.!;.4#+,<"0/:+$$@T2#C63!'36$F4#+,<<•vdd<!61HI:.
QRIOP@#9C=*1(=0!>H-B2'#$D#9C=[#A0C*J2AECC7,1V                                              !*;D65$*;).'I:$<!#@.$5*C"#),:I)!#DA61/)##+//)#6I)$<!#)"()5*C
Y1=A3w<*)8]R<M3:I)!#DA61E614N4;6176$$@T"@A!89$!#DA61'()4+X3)/</Y                           /+,-#1!#@.$5$</"3`"+T1*3%<!#DA61/)#5*C"0$/)#GV/Q)wVA1B%C!EC)B8
4D6!#DA61$(T)!$I)<4N4;61E$)%$@T$6/R)/$(T)!$I)K;C:.+17DT$!EO$<K;C:                          40./+,"I)$#61MNC:I)<6.)/5*C!%Y/</"3`76$$@T3@-6/)'5$/)#!#@.$<
/Y.+1B3IB%C3@/)#R+%/)#!/@A.:/+,!#DA61E61MNC;0/;(T)<#:3B8PV1!#DA61E61                       !#@.$K;C:7C613@1)$"()<]0#/OR!*;I)$@T"@A!#)E.).7I6B8RF!89$[)$"@A
/)#"@A!#@./:I)PN/P3<PN/"OT1B8-%.B3IB%CR+%/)#<M3./7+:6.I)11I).^                             RF#61#+,!%Y/"@AR,66/3)K;C:B3I3@<1)$"()<"0/:+$$@T!#)2#C63"@ARF
KP:3@$,0#@<!3DA6/I6$3@4N4;61EC)1P$$5$!'C$")1#61"+T1*3%!;.<                                 5*C!#@.$c#@<#F*:I)1!#@.$3@#).B%C<
4N4;61'61EC)1$F4#+,<:+$$@TPN/P3*3%K;C:,)1"@!E)"()PN/7C61
7)3/x*3).4D6B3IP3</YRF!89$K6I1$(T)<K7I"@A"@AP3B8/Y!89$P$$
!89$"@AR6%#P<!89$"@A4C)E).!89$6.I)1$@T"+A:"0/K*I1<!2#)F:I)PC)K/C
'OA1!*;I)$@TB%C<$(T)"I:3/Y*3%B8<4$/Y!89$6.NI6.I)1PN/7C61*#D6',).
EVT$<!2#)F:I)3@:O:"O:"+G$&"@A3+$B%C3+$B%C#+,/;+,3)5$!#DA61E614:)3
!E@.:2:/<$@T<M3:I)3+$7C61HI:./+$K;C:<
                                                                                                                                                           5
*JGG1Y-09?7I17'8!X8]
!%&I1:*Z#*8DD8?w<*)8]'?#A?1M1FG?518*#19C=*1(=0!>-€1M1FG?H-9'?*e•
^IOP@#9C=*1(=0!>HAECIOP@#4A1='1"#=*#1!<5a"C29C=24$5#$_
QR-IOP@#*#10)821MB2*1(=0!>H-0*8)6#**#1!<5a"C29C=                         "@A"0/4$7C61B8#P6FB#3)/Y7C61B8<6+$$+T$/Y/;).!89$:I)"0/:+$$@T
24$5#$BJF@1EC0ITF#V                                                      RFB%CK4I<=<E)<E)!HC)!EC)!3D61<K;C:/YE)!;O/1)$66/B8<K;C:HI:1
*JG11YR-!#DA61*$VA1/Y4D6:I)!'C$")1B3IB%CPN/8#+,8#015*C%@EVT$!;.<         #F*:I)1:+$/YRF!89$#Pc#@!/Y,B8*3%<!E)/Y/#FR).<y>><4+$B8
3+$3@K7IPN//()*$%!2OA3EVT$K;C:/YR+,#P.+%5'I;1B8<!2#)FoF$+T$              *3%<$@A/Y!89$8WX*)5*XI!*3D6$/+$"@A:I)<PC)40SRF!6)1,7#1$+T$3)
R()$:$#P3+$/Y!;.!/O$4:)37C61/)#<5$*;).!'C$")13+$3@#P:OA1                 %NK;<40S'NC5*C,+7#!E)B85HC!;.%@/:I)<5HC/+,#P#I:3/YB%C<5HC/+,6FB#
w+,wC6$/+$<./7+:6.I)1;)%2#C):<3@#P:OA1PV1<J>></:I)4+$7I6:+$<$@A          /YB%C<"()B37C613)R()/+%:I)7C615HC/+,6+$$@T<40SRF!6)!89$4N861/YB%C
!'C$")1!%@.:<!2#)FoF$+T$,)1!'C$")13+$/Y!;.PN/R+,!'C$")1!2OA3             3)EVT$!1O$<Kc#&/:I)<3+$HI:.B%C/+,"0/4$<6+$$@T3+$!*3D6$/+,*;).
;1B8!2OA3;1B8<!;.!89$!'C$")1"@A4),!/@A.:/+$<!2#)FoF$+T$7#1               3)7#[)$3)/!;.<HI:.<E'3/`!E)B%C:+$;F<y”>>><,)"7I64+$<7I6
$@T3+$$I)RF3@#F,,8#+,8#01!'C$")1!/O%EVT$B%CK;C:<K7IR#O1^K;C:/Y           :+$#P76$$@T$F<K7IZ)4!6/H$!#)6.I)1!'$6B8E6K4I<J”_>><!61
3@*$I:.1)$'()$+/1)$!E7/)#!%O$#P<"@A46.8#+,8#01!#DA61!'C$")1              $F<PN//:I)7+T1<d”_>><"()B3B3I3)RC)1!#)<5$!3DA6#P/YB3I5HI%@/:I)!#)
K;FR()$:$#P6.NIK;C:<K7I.+1B3IPN/$()3)5HCR#O1<K7IPN/$()B85HC!2DA6         !*#6<#P<E'3/`/Y!/I)/:I)!#)%C:.</Y7/<=U>”>>><7I6!%D6$7I64+$
E6wDT6#P!"I)$+T$<6+$$@T/Y!;.!89$!*70"@A:I)<S<:+$$@T/)#5*C,#O/)#E61       4NS<y>><4+$K;C:!E)6$03+7O"@<pvJ<!%D6$!/D6,<=>><;C)$,)"$@A4D6
#P#I:3RFB3I%@EVT$K$I$6$<PC).+13@R()$:$#P"@A!2OA3EVT$*#D63@!'C$")1        /)#!6)Z)Q@E614$"+T18#F!"G3)60%*$0$/#01!"2e<</"3`40S
"@A!2OA3EVT$!EC)3)!#DA6.^-%.B3I<B%CPN/R+%5*C%@EVT$<PC)/#S@"@A:I)3@!'C$   !/Y,Z)Q@!.6FK.F/:I)$@T6@/<K7I"()B340SB3I3)%NK;8#FH)H$7#1$@T
")1#).B%C5*C6.NI!;@T.17+:!61B%C<8#+,8#01,#O/)#B%C<8#+,8#017+:#P
B%C<#).B%C!2OA3EVT$6+$$@T</Y')3)#P"()5*C#P#I:36.NIB%C6.I)18/7O<K7I       QR-6#*I17'5*#1Y3!%&KF#2?#*#1I17'#2=#2*<5[#A1<S2<;2
:I):+$$@TB3I5HI<3+$3@/)#3)"+,wC6$/+$!.6F3)/                              $#*Tx#5#*NAF,@2A1<5V
                                                                         *JG11YR-4D6MNC:I)e/#01!"2e<!E)B3I.633)K7F7C618#F!%Y$$@T<
QRIOP@#9C=AG#?!<5a"C29C=1<S5#T*T#=NT71<S5#T!"C=M8&2                      K;C:/YB8'#C)1#F,,5*3I<!HI$<#P<l–—<4D6!E)40.B3IB%C<!R#R)B3IB%C<
*+0IW2IOP@#BJF,@?A1<5V                                                   K;C:R#O1^K;C:B3I5HI40SR+%/)#B3IB%C*#6/<4D6"0/4$B3I.636.NI,$
*JG11YR-E'3/`EVT$6.NI/+,/#3E$'I1")1,/<EVT$/+,/#F"#:1                     *;+//)#'+$7O:O]@<*#D6"@A6)RRF7C61!R#R)*;).^#6,<K7I40S!;D6/
43$)43<</"3`!E)/YB3I6.)/!6)*$@T3)<!E)6.)/RF"()5*3I<                      "@ARFB3I40.<40.4#+T1*$VA1B3IR,<!E)/Y4O%:I)B87I6B3IB%C<<40SRF40.4#+T1
!2#)F<E'3/`!E)"()E)%"0$B:C!.6F!E)/Y6.)/RFPI).!"*$@T66/<<                 "@A#C6./YB%C<4#+T1"@A2+$/YB%C<K7I40SB%C40.*#D6B%C'DA6')#/+$3)<!MDA6"@A
K7IPC)Z)4#+[,);B3I3),#O*)#R+%/)#7#1$@T<3+$/Y41RF!/O$K'$                  RF3@6FB#"@ARF.63#+,/+$B%C
;C)$B8K;C:<4D6/)#!%O$#PE61</"3`"0/:+$$@T/;).3)!89$8WX*)
E61/)#!3D61B8%C:.<!2#)F/)#"@ARF8#+,EVT$#)4)*#D66FB#</Y
/;).!89$B8/#F",/+,/)#!3D61<K;C:"0/:+$$@T.OA13@/)#5*C!%O$#P<
EVT$c#@<y>><4+$<.OA1/#F",/+,Z)4!6/H$6.I)15*XI<!2#)F:I)#P
c#@3)<#P!6/H$3):OA14NI/+,#Pc#@<P)3:I)40SRFEVT$#P6FB#PC)B3I
5HIHI:1R()/+%!:;)"@A7C61!%O$")1<7#1$+T$!#)!/Y,#).B%CB%C!2@.1!;Y/
$C6.<K7I:I)"0/:+$$@T3+$B3I5HIK;C:<3+$/YRFB%CK4IHI:1H+A:-31!#I1%I:$<
6   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
I17[<'13-6='=G2
                                                                        C)%DKL"GF#*#1*#11M,‚‚ƒ#92'F=?GTJ2N@F=I170!w,!$-€„…†‡•-
                                                                     ^*1(=0!>H67D"C=)LNTA2!(*A2C$F#=0!F#0!%$?_
QR--DC2!%&A(YD<)'82B6T='?<A1KL"GF#H*1(=0!>?@#2A1-A(Y                                40S3@'7)14&3)/!"I)B#<$@A!89$'0Z)QO7B%C!;.$F4#+,<"@A!E)2N%!;I$
A8)M:=C7,10IW2'8&=N1*V                                                              /+$:I)<.OA140S3@!1O$3)/!"I)B#<40S.OA13@/x*3).3)/!"I)$+T$<PC)40S
I17[<'13R-5$4:)34O%E61M3<!#DA61K#/4D6H@:O74:)3!89$6.NIE612@A                        3@!1O$$C6.^</x*3).3@$O%!%@.:<!2#)F:I)6FB#4#+,<!2#)F:I)!E)
$C618#FH)H$5$/#01!"23*)$4#<B3I5HIB8%NK;!o2)F,C)$"@A3@#+T:<                          *3).4:)3:I)<PC)40S3@!1O$!.6F^<40S')3)#PB8RC)1"$).3)
K;C:2:/"@AB3I3@#+T:<6.NIK,,';+3B3I7C61B8%NK;3+$<B3I5HI$F4#+,<40S                    B84C$/x*3).$+A$$@A3)<K;C:/Y3),6/:I)6+$$@TRF!89$6.I)1$@T<!89$
7C61%NK;6.I)1!"I)!"@.3/+$<K7I5$:+$$@T<4:)3!89$R#O1!89$6.I)1$+T$                     6.I)1$@TB%C<K7I:I)PC)40S3@!1O$$C6.40S/YB3I3@8WXX)B8RC)1<40S/Y#NC6.NI
*#D6!8;I)<$@A4D68#F!%Y$K#/                                                          K4I$@TK;C:40S/Y7C61.63!E)<40SB3I#NC:I)R#O1^<K;C:3+$3@/x*3).6DA$
8#F!%Y$"@A'61<4:)3#I:33D6#F*:I)1</"3`</+,#+[,);</)#!89$                             "@A3+$5HCB%C<$@A3+$!89$'+R]##3
2##4"@AK7/7I)1/+$<3+$B3I$I)RF!89$608'##4*#D6!4#DA61E:)1/+T$                         QR-A(YA8)GF#IOP@#0@TF#2%;G<2@2:&=C#667!x#B@"I170!w,!$-T)
5$/)##I:33D6/+$<K7IPC)'+1!/7R)//)#"()1)$<3+$B3I4I6.3@/)#                            17)<5AG#?'x#A<P6#*0G!%4T*V
#I:33D6/+$<K;FRF2N%B%C!;.:I)</"3`<!*3D6$!89$#+[6O'#F<-%.                            I17[<'13-R-:+$$@T'OA1"@A'()4+X"@A'0%4D66@/B3I/@A8?EC)1*$C)<<8?<=__y<
PD6:I)o+$/Y3)R)//)#!;D6/7+T1!*3D6$/+$<K;C:76$$@T2##4o+$!89$                         !#)RF3@8#FH)436)!w@.$<RF3@!#DA617C61!HDA637I6/+$6@/3)/<!HI$<
4$;FE+T:/+,2##4#+[,);</Y7I)14$7I)16.NI<K$:4O%K,,$@TB3I6.NI5$                        !#DA6143$)43<!#DA616O'#FE614$"@ARF-./.C).3)/EVT$<')3)#P!%O$
4:)34O%E61M3                                                                        ")1MI)$B8MI)$3)<K#11)$!EC)3)B%C*3%<7#1$@T!89$6FB#"@A$I)!89$
QR-N')=GF#A(Y0@+2IOP@#AG#?0@TE&C?Tx;#B2J(?J2NDFT7J(?J2                              *I:1<!2#)F5$K1IE61/)#E$'I1<3+$!89$!#DA61"@A'()4+X3)/^<"@A!#)
9C=*1(=0!>HV                                                                        7C61%NK;!#DA612:/$@T<'I:$!#DA61</"3`</Y'()4+XK7I,+1!6OXE6,!E7
I17[<'13R-B3I$I)!HDA6:I)5$.04$@T<76$$+T$/Y<=__d<.+13@H03H$wVA16.NI                  E611)$<7)34:)34O%M34O%:I)</"3`<'()4+XR#O1<K7I:I)3+$!89$
5$2DT$"@A$(T)4#()<BccŒ)B3I3@<8#F8)B3I3@<K;C:/YB3IB%C#+,/)#%NK;R)/<                  K4IR0%^<*$VA1E618#F!"GB".<8#F!"GB".6.NIB%C7C61"+T18#F!"G<
/"3`<E.F/Y"OT18;I6./+$7)3$(T)<7C61P)3:I)"()B3</"3`<B3I!6)                           B3I5HIK4I</"3`<K;C:/Y,+1!6OX/)##PBcwVA1:+$$@T/Y4I6$EC)1RF8WX*)
!1O$wVA13@6.NI$C6.$O%<3)%NK;2:/$@T<K"$"@ARF6.)/"()1)$/I6'#C)1                       !.6F<M3/Y!;.4O%:I)6.)/"()5*C#PBc3+$!%O$B8EC)1*$C)<6.)/"()
[)$F"@A6.NI5$#+[:O')*/OR3)/I6$<M3!EC)5R:I)/)#/I6'#C)13+$%@                          6FB#"@A!2DA65*C8#F!"G!#)B3IHC)B8/:I)4$6DA$!E)<:+$$@T!#)/YHC)3)
/:I);IF<6+$$@T!#)/Y2N%4:)3R#O1/+$!;.$F4#+,<K7I:I)P)3:I)3+$PN/                       3)/K;C:<8#F!"GB".!#)!89$4$!#OA3<!89$8#F!"GK#/^<5$KP,$@T
*#D6!8;I)</"3`<3@1,8#F3)S8?;F•vy<*3DA$;C)$7I68?<3@#).B%C                            "@A3@#PBc<!#)!#OA32#C63/+,X@A80˜$<PC)!#)3@2+$)/)#B8!#DA6.^<K,,
8#F3)S$@T<K;C:40S!6)!1O$'I:$5*XIB8;1"0$-4#1/)#5*XI$@A<K;C:                          X@A80˜$<M3!HDA6:I):+$$@T!#)7C613@K;C:<•†vƒ‘hhj<~}k†i<K7I,+1!6OX
!1O$"@ARFB8%NK;2@A$C618#FH)H$3+$6.NI7#1B*$                                          E61!#)3+$*.0%6.NI/+,"@A%C:.')!*70*;).6.I)1<6+$$@TB3IB%C-"Q/)#
QR-IOP@#01E&C=K<=0?EC=NT7A?2#A?$<=A=0IW201E&C=B@PF9C=                               #PBc4$!%@.:$F<PC)B8%N8#F:+7O<RFB3I-"Q#PBc4$!%@.:<!2#)F
*1(=0!>?@#2A1-BJF@1EC,?FV                                                           3@')!*70*;).6.I)1!EC)3)!/@A.:2+$5*C!#)*.0%6.NI/+,"@A3)$)$3)/<
I17[<'13-R-8WX*)E618#F!"GB".:+$$@T<7C61.63#+,$F4#+,:I)                              :+$$@T/;).!89$:I)3)!;!w@.'#C)1")1#PBc3)R6%"@AH).K%$<!E)
M+1!3D618#F!"GB".!#)!#OA3"()3)$)$K;C:<K7I3+$B3I!4.5HCB%C6.I)1                       '#C)13)#6!#)K;C:<!#).+1B3I"()6FB#!;.<7#1$@T!89$6FB#"@A3+$%NK;C:
!7Y3"@A<!2#)F6FB#4#+,<!2#)F:I)3+$3@/;0I3M;8#F-.H$&3)K6,                             3+$6V%6+%<%+1$+T$5$[)$F"@AM3!4.6.NI/+,#F,,#)1</Y6.)/!EC)B8
6.NI<3+$!89$*;+/"+A:B8<"+A:B8<"0/K*I15$-;/RF!*3D6$/+$*3%<.OA1                       "()7#1$@T<
                                                                                                                                                      7
./-'<PP#Y*#10IT%&$2NIT=*!?eB2!wG11Z@2"#
                     '+XX)S/)#!8;@A.$K8;1</"3`<5$"G:##Q*$C)<"@A3@G+/.Z)2                 :+7P08#F'14&5$/)#'#C)1/)#3@'I:$#I:3!HO1$-.,).<•‰n“†Šˆ<
                     K;FK$:-$C3$()B8'NI/)#2+$)$-.,).')])#SF5$#F%+,<<                    ‘k}~†Š†‘k~†niŽ<'()*#+,<$+/:OH)/)#<$+/]0#/OR<614&/#K;F/;0I3
                     a!3D613*)$4#b<B%CPN//;+A$/#61R)/4:)34O%<-%.:O]@/)#<a/:)%            H03H$7I)1<^<K;F8#FH)/#"0/4$<!2DA6$()!'$68#F!%Y$60,+7O5*3I<
                     '+XX)S/)#!8;@A.$K8;15$K$:#),<•™n}†šni<ƒŠkii†igŽb<                   •‚žh}g†ig<†ƒƒ•hƒŽ<6+$RF$()B8'NI/)#"()$:+7/##3")1/)#!3D61<
                     /+,/;0I34$#0I$5*3I<$+/:OH)/)#<K;FMNC$()4:)34O%<"@A3)#I:3            •‰n“†Šˆ<†iin•k~†niŽ<K/I<MNC:I)#)H/)#<MNC,#O*)#<$+//)#!3D61"C61
                     /#F,:$/)#3616$)47<•›n}hƒ†g•~Ž<66/3)B%C<d></;0I3                     POA$<K;F*$I:.1)$#)H/)#5$'+1/+%</"3`<!2DA6!7#@.34:)32#C63
                     '+XX)S/)#!8;@A.$K8;1%+1/;I):<3@<p<3O7O'()4+X<B%CK/I                 '()*#+,/)##+,3D67I64:)3B3IK$I$6$5$6$)47
                     œ<<3O7O%C)$M;/#F",<••ž‘kŠ~Ž<5$<_<%C)$4D6<'+143<!"4-$-;.@<
                     !G#Q[/OR<'OA1K:%;C63<K;F/)#!3D61<"@A6)R!/O%EVT$5$</"3`<"+T1$@T<     *#1*G#)'<PP#Y*#10IT%&$2NIT=B2N2G1#5--
                     -%.]##3H)7OK;C:<'+XX)S*$VA13+/3@M;/#F",5$*;).3O7O<wVA1              €ˆolr‰om-Švgmmrm‹•-AECC7,1V
                     ')3)#P,I1H@T%C:.#F%+,4I)7+:H@T:+%R)/$C6.B8*)3)/<•d<Ÿ<_Ž<            /#F,:$/)#6.I)1!89$#F,,"@A4()$V1PV12+$)/)#E616$)47wVA1B3IB%C6.NI5$K$:
                     œ<<3O7O%C)$-6/)'4:)3!89$B8B%C5$/)#!/O%EVT$E61K7I;F8#F!%Y$<          4:)34O%/#FK'*;+/<•‡k†iƒ~}hkž<†jhn“ngˆŽ<K;F#F,,/)#:)1KM$<•‰“kii†igŽ<
                     • †mh“†•nnjŽ<K;F3O7O%C)$-6/)'"@A8#F!%Y$$+T$<^<RF!/O%4:)3            5$8WRR0,+$K7I6)R3@$+.'()4+X<!"4$O4$@T!*3)F'()*#+,614&/#'3+.5*3I"@A7C61/)#'I1
                     K8;/K./5$!HO14:)34O%!*Y$<•…ni~}n•h}ƒˆŽ<-%.%NR)/4I)4:)3              !'#O34:)3')3)#P5$/)#a4O%$6//#6,b<!2DA64)%/)#S&K;F!7#@.37+:#+,3D6/+,
                     $I)RF!89$R)/$C6.B8*)3)/<•><Ÿ<dŽ<                                    Z+.40/4)3<•—•}hk~Ž<4:)3!'@A.1<•–†ƒmŽ<K;F<-6/)'5*3I^<•|h¡<¢‘‘n}~•i†~†hƒŽ<
                                                                                         6@/"+T1.+1HI:.5*C!/O%4:)33+A$5R5$/)#2+$)/;.0"]&"@A#61#+,/)#!8;@A.$K8;1E61
                                                                                         ,#O,"5$6$)47

             0.0                          Controversial                                1.0
1.0




                                                                                                     œ<!3D613*)$4#K*I1<f‚…<•f‚…<‡hgkŠ†~†hƒŽ
                                                                                                     œ<K#11)$#0I$5*3I<•|h£~<ghih}k~†ni<“k’n}Ž
                                                                                                     œ<6)HX)/##360,+7O5*3I<•‚žh}g†ig<Š}†žhŽ
                                                                                                     œ<4:)3*;)/*;).")1!2G<•€h£<†i<~•h<…†~ˆŽ
Likelihood




                                                                                                     œ<'O"]O60,+7O5*3I<•‚žh}g†ig<}†g•~ƒŽ
                                                                                                     œ<6+7;+/QS&/#01!"2e<•l¤¤<•jhi~†~ˆŽ
                                                                                                     œ<2DT$"@A"+A:PV1<••iŠ“•ƒ†•h<€‘kŠhŽ
                                                                                                     œ<MNC$()#6,%C)$<•pJ><jhg}hh< hkjh}ƒ•†‘Ž
                                                                                                     œ<'+1434)#&,6$7(A)7]<• n¡v…k}’ni<€nŠ†h~ˆŽ
                                                                                                     œ<GO;8F!2DA6"0/4$<•f}~<•n}<f““Ž
0.0




             8   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
N2G42"?24$5#$)<=*TF#G-'#?#1M6<)*T(F?,)"0IW2-t-*T(F?-)<=2%;
               C#0a%$2[8G<D23-€‡}igmr‰ghrom•                                        ?1*D2A1-€•Žilg|p-vrhk•
<*#D6</#F,:$/)#ZN3OZ)4ZO:+7$&6)!w@.$PD6B%C:I)!89$/;0I3/)#      6+7;+/QS&E61/#01!"23*)$4#K;F6+7;+/QS&#I:3E614$
!8;@A.$K8;1"@A3@-6/)'4:)3!89$B8B%C"@ARF!/O%EVT$K;F3@4:)3       /"3`<••jhi~†~ˆŽ<.+1413@2+$)/)#K;F/)##+,#NC"@A*;)/*;).6.NI<
K8;/K./")14:)34O%!*Y$5$#F%+,'N1!$DA61R)//;0I38#F!%Y$%+1        ./7+:6.I)1<!HI$</"3`<"@APN/361:I)!89$!3D61GO;8§K;F4()$O.3"@A7+T1
/;I):3@M;/#F",5$#F%+,ZN3OZ)4"@AM$:/!6)3O7OE614:)3!89$          B:C<B3IB%C'F"C6$7+:7$5$%@!6Y$!6E614$/#01!"23*)$4#6.I)1
!3D613*)$4#<•¥}’ki†šk~†niŽ<K;F/)#62.2.C).POA$[)$E61            K"CR#O16@/"+T1Z):F-;/#C6$RF!89$7+:!#I1"()5*C!3D613*)$4#K*I1
K#11)$<•‡†g}k~†niŽ<K;F/)#!/O%8#FH)43!G#Q[/OR6)!w@.$<           $@TR()!89$7C61'#C)1<a'+1434)#&,6$7(A)b<• n¡<…k}’ni<€nŠ†h~ˆ”<
•f‚…Ž<5$8?<=__y/)#!/O%3)7#[)$!3D613*)$4#K*I1<f‚…<RF'I1          …€Ž<"@A!89$<d<5$8#+HX)E61/)#2+$)!3D616.I)1.+A1.D$<5*C
M;/#F",7I6/)#!89$/#01!"23*)$4#3)/"@A'0%-%.!o2)F6.I)1           !/O%EVT$<6@/"+T12DT$"@A"@A3@#N8K,,/)#5HC8#F-.H$&K;F2;:+73)/
.OA1/)#!8;@A.$K8;1E61-4#1'#C)18#FH)/#B8'NI'+143'N1:+.K;F       EVT$<•€‘kŠhŽ<B3I:I)RF!89$<2DT$"@A')])#SF!HO1/).Z)2<2DT$"@A5$
/)#!8‹%!'#@")17;)%K#11)$5$ZN3OZ)4<RF'I1M;5*C<a'3/)#K#1         -;/Bw!,6#&K;F2DT$"@A")14:)34O%E618#FH)/#/;0I37I)1^'OA1
1)$/"3`b<!8;@A.$K8;1B8-%.3@/;0I3K#11)$M3'@%6/!;)<•{}hˆ<        K8;/5*3I!*;I)$@TRF3@-6/)'!/O%EVT$R#O1B%C.)/*)/MNC$()B#C:O'+.
“k’n}Ž<K;FK#11)$EC)3H)7O5*3I<•lkigmnm<¦†kƒ‘n}kŽ<!89$K#1        "+G$&<6@/"+T13@/)#,#O*)#2DT$"@A5HC'6.7I)1^6.I)1B#C2;:+7<K;F<B3I
M;+/%+$K;FE+,!4;DA6$/;B/!G#Q[/OR/"3`<5$ESF"@A</"3`/Y           5'I5R7I66$)47E616+7;+/QS&!3D61</"3`<RV17C61/)#<aZ):F
RF7C61!7#@.3#+,3D6/+,6)HX)/##360,+7O5*3I"@A3)2#C63/+,/)#       MNC$()#6,%C)$b•pJ><¦hg}hh< hkjh}ƒ•†‘ƒŽ<!2DA676,-R".&/)#
!8;@A.$K8;1")1%C)$!G#Q[/ORK;F'+143EC)17C$<6.I)1*;@/!;@A.1      !8;@A.$K8;15$6$)47$+A$!61
B3I2C$                                                                                M229C=01#-€•zl-…ogp•
                ?7?FG=B@PF-€†~i-Œr‹-„gm‹o•<                    !2DA65*C4()E:+X"@A:I)<a/#01!"2e<%0R!"2'#C)1!3D61GN$.&/;)1/)#
3*)$4#$O:.6#&4!89$"@A#NCR+//+$:I)4D6<aK68!8‹;5*XIb<•—™‚<l•{<   8/4#61:+%:+11)3!#D61#61!3D61*;:1E618#F!"GB".b<!89$
f‰‰ ‚Ž<!HI$!%@.:/+$</#01!"23*)$4#/Y4D6<a3F3I:15*XIb<•—•h<      4:)3R#O1"@A3@H@:O7EVT$3)B%C8#F!%Y$%C)$:+$]##3K;FGO;8F"@A"0/
l†g<‡kignŽ<"@A*;63#:3!6)<:OP@H@:O7<:+$]##3<6)H@2<H$H)7O<      4$')3)#P!EC)PV1B%C<•f}~<•n}<f““Ž<K;F'O"]O60,+7O5*3I<•‚žh}g†ig
K;F6)HX)/##3"@A*;)/*;).R)/"+A:"+T1":@8!6!H@.K;FR)/<            –†g•~ƒŽ<$+T$PD6B%C:I)!89$4:)3"C)")."@A'()4+X6.I)1.OA1</#01!"2e
3036DA$^E61-;/3)#:3B:C<3F3I:15*XI;N/$@T/();+1RFPN/"C)").R)/    RF')3)#P!8;@A.$!89$!3D61K*I1GO;8F6.I)1!3D61GO;8FE61-;/
8#F!%Y$%C)$4:)33+A$41K;F4:)38;6%Z+.!2DA6#+,3D6Z+.40/4)3        !o/!HI$<8)#@'<*#D6<3O;)$<B%C*#D6B3I/Y7C616)G+.4:)36O'#FE61
5*3I^%C)$4#6,4#+:K;F4:)3'+32+$]&"@AR()!89$7C613@/)#.63#+,      8WR!R/H$5$/)##+1'##4&M;1)$5$"@A7I)1^<#:3PV1"@A')])#SF<wVA1
'+143"@A3@4:)3K7/7I)1*;)/*;).!HI$!2G:OP@wVA1!89$R0%!%I$6@/     6)RRFB8E+%K.C1/+,6()$)R/)#8/4#61!/I)^E61/#01!"2e<K;F
%C)$*$VA1E61/#01!"23*)$4##:3B8PV1/)#!4;DA6$7+:E61!3D61B8       R()!89$7C61'#C)1'O"]O5*3I^<EVT$3)
'NI-4#1'#C)1K;FEC67/;1")1#F,,!G#Q[/OR5*3IRF$()B8'NI]0#/OR      $6/R)/$@T'O"]O"@A.+1361B3I!*Y$K;F4)%B3IPV1RF!/O%EVT$6@/3)/5$
607')*/##3K;F6)H@2"@AK7/7I)1B8R)/!%O3<-%./;0I3K#11)$<          6$)47/YRF!89$7+:"C)").5*C/#01!"2e7C618#+,7+:!2DA6K,I12DT$"@A
#0I$5*3I<                                                      5$/)#5HC6()$)R/)#8/4#61#F*:I)1MNC:I)e</#01!"23*)$4#K;F
                                                               8#FH)H$/#01!"2e



                                                                                                                                  9
10   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
11
12   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
13
14   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
15
16   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
17
INFO 5



18   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
19
INFO 6



20   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
21
INFO 7



22   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
23
INFO 8



24   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
25
INFO 9



26   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
27
INFO 10



28   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
29
Reference                                                                                Gen_3__ROM_150220120502.pdf
•-AG#?@T#*@T#$!#=0>w-€Ši‘-rm-h~i-’rhk•                                                   2012 Global Cities Index and Emerging Cities: What is Bangkok Ranking?
http://www.washingtonpost.com/politics/for­obama­gay­marriage­stance­borne­of­a­long­    http://www.doingbusinessthailand.com/thailand­business/doing­business­in­thailand/2012­
evolution/2012/05/10/gIQAIDIlGU_story.html                                               global­cities­index­and­emerging­cities­what­is­bangkok­ranking.html
http://www.cnngo.com/mumbai/life/india­ready­gay­travelers­086621                        How to be a Bangkok local: 10 tips on faking it
http://www.manager.co.th/china/viewnews.aspx?NewsID=9550000085317                        http://www.cnngo.com/bangkok/life/how­be­bangkok­local­10­tips­faking­it­880230
http://www.toonaripost.com/2011/07/world­news/lgbt­in­thailand­tolerated­or­accepted/    http://www.ryt9.com/s/iqry/1427448
http://en.wikipedia.org/wiki/Timeline_of_LGBT_history                                    •-w8TI70>E&C!(*A2-€‡lh-sol-‡||•
http://www.ct.gov/dcf/lib/dcf/wmv/pdf/timeline_of_lgbt_history.pdf                       http://www.princeton.edu/~artspol/workpap/WP20%20­%20Guetzkow.pdf
http://www.infoplease.com/ipa/A0761909.html                                              Culture­driven Urban Regeneration: A Case Study of The KadeeJeen Neighbourhood, Bangkok
•-N1==#21(F2B@?F-€“i‘h-‹imilghrom-|g{ol•                                                 http://www.cisasia.net/Case_Study_Brief/Bangkok/04­BKK­Art­Revitalization.pdf
http://ihppthaigov.net/publication/attachbook/116/chapter2.pdf                           Temporal Intervention ­ City Innovation for Public Art in Bangkok http://www.cisasia.net/
http://thailand.unfpa.org/documents/thai_ageing_englishversion.pdf                       Case_Study_Brief/Bangkok/03­BKK­Public­Art.pdf
http://www.scbeic.com/ENG/document/insight_apr10_en                                      http://www.artforall.or.th/
United Nations Population Division 2009                                                  •-C#JP#*11?C(5<D8B@?F-€•Žil‹rm‹-vlrŽi•
World Population Prospects: The 2008 Revision, United Nations Population Division 2009   http://en.wikipedia.org/wiki/Computer_crime
Population Projection for Thailand 2005 ­ 2025, Mahidol University                       http://now­static.norton.com/now/en/pu/images/Promotions/2012/cybercrimeReport/2012_
World Population Ageing 1950­2050, UN                                                    Norton_Cybercrime_Report_Master_FINAL_050912.pdf, http://www.symantec.com/about/news/
IDB US Cencus Bureau, NESDB; SCB EIC analysis                                            release/article.jsp?prid=20120905_02
http://www.scb.co.th/eic/doc/en/insight/SCB%20Insight%20Feb%202011%20Eng_AEC.pdf         http://www.bangkokpost.com/tech/mobile/305352/crossroads­of­mobile­innovation
http://wp.doe.go.th/s_map.html                                                           http://www.mobilemonday.net/reports/SEA_Report_2012.pdf
!""#$%%&#'()*'+)'"!%,-"*,%(*./01"%21*,%,"/"-,"-3%4%,564788'#(.                           http://www.bangkokpost.com/business/telecom/289969/survey­thai­mobile­usage­passes­tv­
http://www.un.or.th/documents/TMR­2011.pdf                                               and­desktop­pc
•-C<DT<*ZY3*1(=0!>H-€Œ””-•pimhrhk•                                                       http://www.socialbakers.com/facebook­statistics/cities/
Travel & Leisure names Bangkok World’s Best City 2012                                    http://visual.ly/internet­things­0
http://www.travelandleisure.com/worldsbest/2012/cities                                   •->E;2!%&!<&GM:=-€•mv|z}rui-Š•gvi•
Bangkok receives World’s Best City Award 2012                                            Asian Green City Index
http://www.pattayamail.com/travel/special­report­bangkok­receives­world­s­best­city­     http://www.thecrystal.org/_download/Asian­Green­City­Index.pdf
award­2012­14976                                                                         http://www.bangkokpost.com/tech/mobile/305352/crossroads­of­mobile­innovation
Bangkok ranks 17 among top 29 cities to visit in 2012                                    Press Freedom Index 2011­2012
http://www.pattayamail.com/travel/bangkok­ranks­17­among­top­29­cities­to­visit­         http://en.rsf.org/press­freedom­index­2011­2012,1043.html
in­2012­13402                                                                            •-'<=A?A#135C2Dx&#-€qoj–’gl{om-Šovrihk•
Asia’s 10 greatest street food cities                                                    Report of Delphi Analysis: For The Low Carbon Society Beyond 2050 Project ­ APEC CTF
http://www.cnngo.com/explorations/eat/asia­street­food­cities­612721?page=0,3            http://www.reuters.com/article/2012/09/25/climate­inaction­idINDEE88O0HH20120925
http://www.lboro.ac.uk/gawc/gawcworlds.html                                              http://www.bloomberg.com/slideshow/2012­07­06/top­20­cities­with­billions­at­risk­from­
The Economist Intelligence Unit. Global Liveability Report.                              climate­change.html#slide12
http://www.eiu.com/site_info.asp?info_name=The_Global_Liveability_Report                 http://www.knowledge.allianz.com/environment/pollution/?1384/whats­your­citys­carbon­
New liveability index                                                                    footprint­gallery
http://visual.ly/how­liveable­are­cities?view=true                                       •-0?EC=?@#2A1N@F=-‡•’-€‡•’-„i‹gvrhri}•
Hot spots: Benchmarking global city competitiveness, January 2012                        “Towards Innovative, Liveable and Prosperous Asian Megacities” project ­ cisasia.net
http://www.citigroup.com/citi/citiforcities/pdfs/hotspots.pdf                            •-'8!X8C(5<D8B@?F-€•Žil‹rm‹-lr‹~h}•
City Brand Rankings                                                                      http://www.go6tv.com/2011/09/blog­post_4273.html
http://www.publicaffairsasia.net/location_branding2012.pdf                               http://www.hiclasssociety.com/hiclass/detailcontent1.php?sub_id=388
Bangkok ranks 2nd in ASEAN as city with highest living cost                              http://www.thanonline.com/index.php?option=com_content&view=article&
http://www.thaivisa.com/forum/topic/473349­bangkok­ranks­2nd­in­asean­as­city­with­      id=133577:2012­07­28­12­
highest­living­cost/                                                                     25­13&catid=176:2009­06­25­09­26­02&Itemid=524
Economist Intelligence Unit. 2012. Worldwide Cost of Living 2012                         •-KL"2x#1C5)"#2-€n—/-pi‹lii-qigpil}~r••
http://www.romandie.com/news/pdf/PDF_Coe_la_vie_ravers_le_monde__Zurich_1er_             “Towards Innovative, Liveable and Prosperous Asian Megacities” project ­ cisasia.net

30   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
KL"I17'#2=#24A1=*#1<<             2O!H[<<.OA1!/@.#7O40S<<

@<G@2"#!%?G86<$<<<<               %#`2+$]0&6)R<H+.#+7$&<
<                 <               /)$7&<.D$.1

!%?G86<$<         <               8#@%)<H+.$)RO7#
<                 <               Z)4ZN3O<K'1/$//0;
<                 <               8)#OH)7O<-H4!/O%
<                 <               !R#OXH+.<BH.B2,N;.&:1G&
<                 <               6O'#O.F<<B2#@2I).z"]Ou
<                 <               RO#).0<6$0#+/Q&R+$"#)
<                 <               H+.2#<!w@.$2)$OH
<                 <               '!/Y%%):<:+$;@

w8TI*11?<         <               :#073&<#O$]$)!;OG
<                 <               www.varut.net
<
X(1*#1<           <               G0Z#+7$&<7+T1G#@:1G&
<                 <               o+7#'0%)<*)X,)1


E6E6,40SMNC!EC)#I:35*CEC63N;"0/"I)$"@A"()5*C-4#1/)#$@T')3)#P'()!#YR;0;I:1B8%C:.%@
<                <
EC63N;K;F:O!4#)F*&-%.<
<
,#O*)#-4#1/)#-%.<

'$+,'$0$-%.

;OE'O"]Ou<
<<
')3)#P7O%7)3-4#1/)#K;F4:)3!4;DA6$B*:B%C")1
~¡†~~h}¨<     <            ©kghijk’mm
•kŠh’nnm¨<< <              ¡¡¡`•kŠh’nnm`Šnžªfghijklkigmnm




                                                                                    31
32   !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47

More Related Content

Agenda Bangkok

  • 2. a !"#$!%&'()*+,)"-./-0!12)324$5#$!%&670*8)9:;2*<5 *1(=0!>?@#2A1B2C2#AD-0>E&C!%&671FG??C=C2#AD *1(=0!>H,I)"G$*<2-,?FBJF0>%$=@G<=GF#KL"GF#1#J*#16<=@G<) *1(=0!>?@#2A1A2B@?F67'#?#1MN*"IOP@#!(*C$F#=,)"@?)- a 0>1#7G#17*1(=0!>AEC01E&C=9C=A2*1(=0!>!(*A2 !89$!:;)<==><8?"@A/#01!"23*)$4#B%C!89$!3D61*;:1E618#F!"GB".<3@ K;F!$DA61R)/5$HI:17C$8?<=__J<RF3@/)#!;D6/7+T1MNC:I)/#01!"23*)$4#*;+1R)/ 8#FH)/#6)G+.7)3"F!,@.$3)//:I)<J<;C)$4$<B3I$+,/+,8#FH)/#KL1K;FMNC "@A<3`#`:`<'0E032+$]0&<,#O2+7#<RF%()#17()K*$I14#,:)#F<U<8?<RV1!89$-6/)'"@A%@ "@A!EC)3)7O%7I66@/:+$;FB3I7(A)/:I)<=<;C)$4$</#01!"23*)$4#<3@'P)$F!89$!E7 5$/)#"@ARFR+%"()<a:)#F/#01!"23*)$4#b<!2DA6"@ARF'#08K;F#+,c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d><!"#$%&$-.,)."@ARF!/O%EVT$/+, /#01!"23*)$4#5$6$)47<!2DA6"@ARF#I:33616$)47/#01!"2eB8%C:./+$<B3I5HI !2@.1*:+1:I)MNC:I)#)H/)#R+1*:+%/#01!"23*)$4#4$5*3IRF')3)#PK/C8WX*) "0/6.I)1B%C*3%<!2#)F:)#F/#01!"24D6!#DA61E614$/#01!"2"0/4$ < < 2O!H[<.OA1!/@.#7O40S < < < < < < < MNC8#F')$1)$-4#1/)#<fghijk<lkigmnm 2 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 3. I17!%I-C:;=!1=X11?-`#D7 C)%D'?#J8*G(U8'[#*1(=0!>H-NT7-2<*><U2#J(?J21#=G<TN?*,a,a-'#9#*#1518*#1'#X#1Y7 ^[#AI17J#J2-D"C=?%'FG21FG?B2*#1$*17)<5A(Y[#>J%G8D9C=D<G0C=)"G$_ QRB2S#27I17J#J22C*6#*01E&C=9C=*#109"#,I1"C=9CAG#? K'$<!2#)FoF$+T$%Oo+$/Y4O%:I)7V/'N1^!*;I)$+T$5*C!E)<"@A40S3)"() JFG$0@TEC67?%'FG21FG?C$F#=,1-B2*#1><U2#0?EC=*1(=0!>,)" 3)*)/O$6.NI<40S/Y4:#RF!6DT6!cqr6%NK;<6.I)1/#S@E61,#OQ+"< 5"#=V ;s6/!;I.&$F4F<!E)/Y5*C/)#%NK;H03H$"@A6.NI#6,^,#OQ+"<B3I:I)RF I17!%IR/Y.+1$C6.6.NI$F4F<!2#)F:I)8WRR0,+$$@TPV1K3C:I)RF3@/)# !89$!#DA61E61/)#':+'%O/)#'+1436FB#7I)1^<%Oo+$4O%:I)$@A!89$R0% !;D6/7+T1<'`E`K;F'`/`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cW1</Y!/O%R)/4;61!7.$@AK*;F"@A!#OA37C$ QRA1LI17!%I2%&?%4C*#'09"#,I0ATE&C2,@GB2[#AI17J#J2B2- B8K;C:<4;61!7.!89$R0%!#OA37C$/#F,:$/)#5*C8#FH)H$<5*C4$ @T#$4C*#'-C$#*M#?GF#[#AI17J#J2-@1ECI17J#J2 .)/4$R$3@-6/)'5$/)#$()!'$68WX*)E617+:!61<K;C:8WRR0,+$ !<&G,IAG1D17@2<*'8!X8]9C=D<G0C=C$F#=,15"#=A1<5V $@T/Y*;).!E7<K7I/YB3I"0/!E7"@A3@/)#8#FH03MNC$()H03H$5$"0/!%D6$< I17!%IR4D6<E61!#)!$@A.$F4F<8#FH)H$-%."+A:B8/Y.+1361:I)< K7I:I)%Oo+$!61.+13616.I)1$@T<:I)8WX*)E61/#01!"23*)$4#4D6< !E)!$@A.6.NI!89$8#FH)H$<B3I3@!'C$<B3I3@').<2N%B8/YB3I3@6FB# /#01!"23*)$4#!89$!3D61"@A!89$!3D61*;:1<K;F!89$!3D61"@A3@MNC4$< !8;@A.$K8;1<8#FH)H$.+14O%6.I)1$@T6.NI<!;D6/7+T1B8!%@t.:/Y!;D6/ 3)R)/"@A7I)1^K;C:3)6.NI<K;C:/Y<3+$B3I3@4:)3#+/4:)3MN/2+$5$ B83+$/Y!*3D6$/+$*3%<!;D6/B8/Y*).*3%<8#FH)H$7C61!8;@A.$ 2DT$"@A<.+13@4:)3#NC'V/:I)3)"()3)*)/O$6.I)1!%@.: 5*3I<!8;@A.$4:)34O%$@T5*3I<:I)!E)3@'O"]Ou<3@G+/%OuG#@<!E)!'@.Z)Q@< K;C:/Y.+13@H):,C)$6@/<%Oo+$!HDA6:I)B3I7(A)/:I)<p>vU><!86#&!w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o+$/Y!EC)5R$F4F<!E)!#@./#C61B8 !;D6/7+T1!89$MNC6()$:./)#!E7</Y6)RRF3@!89$8#FH)43EVT$3)!89$ 6+$7#).3)PV1!E)6@/</)#PN/3)#&4*+:6@//Y!EC)5R<6+$$@T3+$/Y3@/)# !#DA61!89$#):<B3I5HI!89$K4I4$E612##4/)#!3D61<K7I!89$4$"@A"() '#C)1/;0I3!2DA6RFw+226#&75*C!/O%4:)3!EC3KEY1<K;C:5*C8#FH)H$ 3)*)/O$5$"@A7I)1^<5*C!E)!EC)#:37+:/+$K;FHI:./+$%NK;<%NK;/+$ 3@4:)3/;C)*)X"@ARF;0/EVT$3)K;C:,6/:I)<o+$6.)/!*Y$/)# "+T1H03H$<%NK;/+$"+T1!E7<!2#)F:I)5$K7I;F!E73+$RF3@4:)3K7/ !8;@A.$K8;1"@A%@/:I)!%O3 7I)1!*;DA63;(T)/+$6.NI<5HIB*34F<6.I)1!E74;61!7.<4:)3< !*;DA63;(T)RF!*Y$B%CH+%3)/"@A'0%<!#)RF3@7V/'N13)/"@A'0%<K;F 4$R$5$';+3<3@';+3<Up<H03H$/Y!/D6,K'$4$<"@A6.NI5$';+3/Y!/D6, 3
  • 4. C[81<*Z3--4*Z74$X82 C)%DKL"GF#1#J*#16<=@G<)*1(=0!>?@#2A1-c-'?<$ ^*1(=0!>HD"C=*#1A2!%&?%G8'<$!<w23_ QR-IOP@#@T<*9C=*1(=0!>?@#2A1B2S#27!%&!F#20A$?%'FG2 !;Y/"@A!89$<‰nŠmh~<‰k}m<5*C4$5$H03H$')3)#P"@ARF3@4:)3 1FG?B2*#1G#=24$5#$*1(=0!>?@#2A1AECC7,1V 'F%:/5$2DT$"@A!8‹%-;I1"@A!E)RF')3)#P2)<;N/*;)$B8:OA1!;I$<2) 4#6,4#+:B82+/MI6$66//();+1/).<5$ESF!%@.:/+$7C613@#F,, C[81<*Z3-R<!#DA61/)#,#O*)#R+%/)#*#D6-4#1'#C)1614&/#</"3`< 8Œ61/+$Z+.2O,+7ORF!89$-4#1/)#8Œ61/+$$(T)"I:3<-4#1/)#'#C)1 76$$@T!#)3@EC)#)H/)#,:/;N/RC)1!/D6,K'$4$wVA1PD6:I)!.6F K$:/+T$$(T)<-4#1/)#60-314&#F,).$(T)E$)%5*XI<-4#1/)#K/C3;O1< 3)/<K7I:I)!:;)"()1)$$@A3+$/YRF3@EC6R()/+%<'I:$*$VA1!89$!#DA61EC6 -4#1/)#"@A,#O*)#R+%/)#!HDA63-.1/+,R+1*:+%7I)1^5$!#DA61E61;0I3 /x*3).E61<2`#`,`<,#O*)#</"3`<66/3)7+T1K7I8?<=y<76$$@T/Y K3I$(T)")1<!*$D6<7F:+$7/<7F:+$66/<"@ARF!#I1#F,).$(T)B%C<*#D6 6).08#F3)S<=></:I)8?<!/D6,<p><8?<!89$!#DA61"@A$I)8#+,8#015*C K3CK7I/)#8Œ61/+$Z+.2O,+7OKMI$%O$B*:</)#KRC1!7D6$Z+.<M34O%:I) !*3)F/+,.04'3+. K,,$@TRF"()5*C/#01!"23*)$4#!89$!3D61$I)6.NI<3@'Z)2K:%;C63 "@A%@ QR-*1(=0!>?@#2A10IW20?EC=!%&09"?N9+=NT"G01#67'#?#1M nefoop-qrsi 1<5?EC*<5I17J#A?C#0a%$2B2Ib-c/.d-?#*NAF,@2V *3).4:)3:I)40SZ)2H@:O7E614$!3D61<PD6!89$!#DA61"@A3@4:)3 '()4+X3)/<PC)!#)3@#F,,:)1M+1!3D61"@A%@<3@#F,,:)1-4#1'#C)12DT$ C[81<*Z3R<4D66.I)1$@T<7)3"@AM3361:I)/#01!"23*)$4#$6/R)/RF [)$7I)1^<6.I)1!HI$<#F,,E$'I13:;H$<#F,,/)#,#O*)#R+%/)# !89$!3D61*;:1E618#F!"GB".K;C:<.+1!89$!3D61GN$.&/;)1E61 !/Y,E.F<4:)3'F6)%</)#:)1#F,,/)#GV/Q)"@A%@5*C/+,2@A$C61 ZN3OZ)4%C:.<%+1$+T$/)#!7#@.37+:!2DA6!EC)'NI8#FH)43!G#Q[/OR 8#FH)H$<3@-#1!#@.$"@A3@40SZ)2<•8WRR0,+$/#01!"23*)$4#%NK; 6)!w@.$5$8?<=__y<*#D66@/<p<8?EC)1*$C)<M3361:I)3@6.NI<U<!#DA61"@A -#1!#@.$PV1<Up></:I)K*I1Ž<K,,$@T7C61./#F%+,40SZ)2H@:O7E61 !89$!#DA61'()4+XE65HCZ)Q)6+1/zQ!#@./:I)<U{<B%CK/I 4$<"+T15$!#DA614:)38;6%Z+.<4:)3'F%:/5$/)#!%O$")1<"+T15$ .e-fghijgk !#DA61':+'%O/)#'+1437I)1^<6+$$@TB3I$+,5$!#DA61E61GO;8:+$]##3 5$:+$$@T5$!HO1"()!;"@A7+T1*#D6.0"]G)'7#&7C61PD6:I)/#01!"23*)$4# wVA1!89$6@/303*$VA1<'I:$5*XI!#)RF361303<†i•}kƒ~}•Š~•}h<!#DA61 !89$!3D61<GN$.&/;)1"@ARF!HDA63-.1/+,!3D617I)1^5$ZN3OZ)46)!w@.$ -4#1'#C)12DT$[)$<K7I:I)!#DA61$@T!89$303")1RO75R< B%C%@"@A'0%!3DA6<!"@.,/+,!3D616DA$<2N%1I).^!89$GN$.&/;)1%C)$/)# tefoop-fouilmgmvi- !%O$")1<B3I:I)RF!89$%C)$/)#,O$<GN$.&/;)1")1%C)$43$)43 M3:I)$@A!89$!#DA61'()4+X3)/5$-;/'3+.5*3I<4():I)<{nnj<{n•h}iv E$'I1-%.;+/QSFZN3O8#F!"G<<K;F7C61M;+/%+$5$!#DA61/)# kiŠh<5$4:)3*3).E61M3B3IB%C*3).PV1!#DA61]##3)ZO,);<!#DA61 !HDA63-.1/)#E$'I1"+T1#F,,P$$K;F#F,,#)15$;+/QSF"@A!#@./< 4:)3-8#I15'!"I)$+T$<K7I3615$!#DA61E61/)#!8‹%-6/)'<5$!#DA61 :I)<a#F!,@.1!G#Q[/ORb<")1!*$D6<57C<7F:+$66/<7F:+$7/<5$ E61<‘k}~†Š†‘k~†ni<4D6!8‹%-6/)'5*C2@A$C618#FH)H$!EC)3)3@ ;+/QSF"@A!#@./:I)<|n}~•<€n•~•<‚kƒ~<„hƒ~<…n}}†jn} 'I:$#I:3'F"C6$8WX*)7I)1^'I:$"@A'61<!#DA611,8#F3)S"@A,#O*)# cefliim #)H/)#E61</"3`<B3I4:#R()/+%!o2)F1,8#F3)SE61</"3`< 5$-;/$@T!3D61"@A!89$<‡hgk<…†~ˆ<7C612+$)!3D615*C!89$!3D61'@ 6.I)1!%@.:<K7I4:#M;+/%+$/)#3@'I:$#I:35$;+/QSF"@A!#@./:I)< !E@.:<3@/)#:)1#F,,M+1!3D61"@A%@<!2OA32DT$"@A'@!E@.:<!HI$</)#8;N/ ‰}†•k~h<‰•’“†Š<‰k}~ih}ƒ•†‘<•‰‰‰Ž<!8‹%-6/)'5*C3@/)#,#O*)# 7C$B3C</)#!2OA3':$*.I63<':$')])#SF<"+T1E$)%5*XI*#D6E$)% R+%/)#!3D61 4 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 5. Y1=A3w<*)8]--[L?8w1%'C#) KL"JFG$*11?*#1KL"6<)*#1I17'#21<S*86-518Z<!-a%>%-CCTT3-6x#*<)-€?@#J2•-D<GN!2[#A0C*J2 ^-*#1?%'FG21FG?6#*!(*[#A'FG20IW2'8&='x#A<P-0>1#7*1(=0!>H,?FBJF9C=A2B2A2@2:&=_ QR-6#*I17'5*#1Y3!%&,)"!#=#21FG?*<5[#A1<S-?C=6#*?(? x QR-DC22%;01#*x#T<=>L)M:=01E&C=@T<**#1B@?F--yz{|rv-ylrughi- ?C=0C*J209"#,I-B2[#A1<S?%T<*ZY7-9"C)%9"C)"C$0?E&C0!%$5*<5 yglhmil}~r•-€yyy•-*+AEC*#1!x#=#21FG?17@GF#=[#A1<S*<5 0C*J2ND*DF#=*<2C$F#=,1 0C*J2B2*#1!x#*86*11?DF#=-B2?(??C=9C=[#A0C*J2-A(Y Y1=A3w<*)8]R-<4D6Z)4#+[.V%5$!#DA61/x#F!,@.,6.NIK;C:5$!#DA61/)# ?C=6()2%;C$F#=,1-NT"G*+'#?#1M2x#?#I17$(*D3*<5!#=-*!?e "()1)$<K;C:/Y3@E+T$76$<3@/#F,:$/)#<3@;()%+,H+T$5$/)#%()!$O$ @1ECa%>%,)"C$F#=,15"#=V 1)$3@3)/6.NIK;C:<K7IPC)P)3:I)Z)4!6/H$3@4:)3K7/7I)1/+$< Y1=A3w<*)8]R<M3:I)"+T1<_><!E7E61!#)3@4SF/##3/)#:+$]##3 41RFH+%!R$$F4#+,:I)!#)3@6O'#F5$/)#"()1)$<-%.!o2)F*$I:. *#D66FB#/Y7)3"@AESF$@T3@6.NI<K7I.+1B3I!*3D6$7()#:R<7()#:RESF 1)$!6/H$;+/QSF5*XI^6.I)1!#)<6.I)1!w!:I$3@<J”J>></:I)')E)< $@T<!6)!6/H$*#D6MNC"@A3@4:)32#C63*#D6:I)MNC"@A5*C4:)34O%4:)3!*Y$ 3@*$I:.1)$Z).5$6.NI8#F3)S<U></:I)*$I:.1)$<"0/*$I:.1)$ HI:.5$/)#<,#O*)#R+%/)#<P)3:I)!EC)B8K;C:<!#)B8*:+18#F-.H$& 3@6O'#F5$/)#"()1)$<K;C:/Y/)#7+%'O$5R5$!#DA61,)1!#DA61wVA1B3I 6FB#*#D6!8;I)<B3I3@K;C:*;F4#+,<PC),#OQ+"5*XI*#D64$"@A3@4:)3 R()!89$7C61B8E6$-.,).!#)4O%6.NIK;C::I)6+$$@T4D6$-.,).<H+%!R$ 2#C63!E)3@K7I5*C<K;C:</"3`2#C63B*34#+,"@ARF5*C!6/H$!EC)B8 6.NIK;C:<!#)/Y!%O$*$C)!;.<!2#)FoF$+T$4:)3K7/7I)1/YRF!/O%EVT$< 3@'I:$#I:3/+,/)#,#O*)#R+%/)#E61!E7<PC)!EC)B8#I:3B%C<M3 4D6*$VA1!#DA61/)#3@6O'#F<'61!#DA61/)#7+%'O$5R<')3!#DA61/)#R+%5HC :I)"()5*C!/O%4:)3'+32+$]&"@A%@</)#HI:.!*;D6!/DT6/N;/+$<*#D6K3C 1,8#F3)S<1,8#F3)S/Y3@'I:$7+:E61!#)<!2#)FoF$+T$!3DA63@1, /#F"+A1/)#"@A!#)RF7C61"()5*CPN/7C61<4D6!EC)B86.NI5/;C<54#,C)1"@A 8#F3)SE61!#)K;C:<B3IR()!89$RF7C61B8E65HC1,8#F3)S6@/<M3 RF,6/5*C!2DA6$!%D6%#C6$<#NCR+/"I)$MNC6()$:./)#!E7<MNCHI:.<*#D6 /Y!HDA6:I)#F,,#)H/)#.+17C61!89$B87)3E+T$76$<!2#)FoF$+T$/)# K3C/#F"+A1</"3`!61"@A!89$'I:$/;)1<RF!89$'()$+/B;IB8PV1"I)$#61 3@6O'#F6.I)1$@T!/O%EVT$</)#"()1)$RV17C61#:%!#Y:<<!2#)F!#)7C61 8;+%<"I)$8;+%/Y7)3<.OA1#NCR+//+$!#).OA17C61#F:+13)/EVT$!2DA6B3I5*C KEI1E+$5$7;)%5*CB%C 4$!*;I)$+T$<"+T1*;).!%D6%#C6$<K7IP)3:I)!#)HI:.6FB#B%C<6FB#"@A HI:./+$B%CHI:.!;.4#+,<"0/:+$$@T2#C63!'36$F4#+,<<•vdd<!61HI:. QRIOP@#9C=*1(=0!>H-B2'#$D#9C=[#A0C*J2AECC7,1V !*;D65$*;).'I:$<!#@.$5*C"#),:I)!#DA61/)##+//)#6I)$<!#)"()5*C Y1=A3w<*)8]R<M3:I)!#DA61E614N4;6176$$@T"@A!89$!#DA61'()4+X3)/</Y /+,-#1!#@.$5$</"3`"+T1*3%<!#DA61/)#5*C"0$/)#GV/Q)wVA1B%C!EC)B8 4D6!#DA61$(T)!$I)<4N4;61E$)%$@T$6/R)/$(T)!$I)K;C:.+17DT$!EO$<K;C: 40./+,"I)$#61MNC:I)<6.)/5*C!%Y/</"3`76$$@T3@-6/)'5$/)#!#@.$< /Y.+1B3IB%C3@/)#R+%/)#!/@A.:/+,!#DA61E61MNC;0/;(T)<#:3B8PV1!#DA61E61 !#@.$K;C:7C613@1)$"()<]0#/OR!*;I)$@T"@A!#)E.).7I6B8RF!89$[)$"@A /)#"@A!#@./:I)PN/P3<PN/"OT1B8-%.B3IB%CR+%/)#<M3./7+:6.I)11I).^ RF#61#+,!%Y/"@AR,66/3)K;C:B3I3@<1)$"()<"0/:+$$@T!#)2#C63"@ARF KP:3@$,0#@<!3DA6/I6$3@4N4;61EC)1P$$5$!'C$")1#61"+T1*3%!;.< 5*C!#@.$c#@<#F*:I)1!#@.$3@#).B%C< 4N4;61'61EC)1$F4#+,<:+$$@TPN/P3*3%K;C:,)1"@!E)"()PN/7C61 7)3/x*3).4D6B3IP3</YRF!89$K6I1$(T)<K7I"@A"@AP3B8/Y!89$P$$ !89$"@AR6%#P<!89$"@A4C)E).!89$6.I)1$@T"+A:"0/K*I1<!2#)F:I)PC)K/C 'OA1!*;I)$@TB%C<$(T)"I:3/Y*3%B8<4$/Y!89$6.NI6.I)1PN/7C61*#D6',). EVT$<!2#)F:I)3@:O:"O:"+G$&"@A3+$B%C3+$B%C#+,/;+,3)5$!#DA61E614:)3 !E@.:2:/<$@T<M3:I)3+$7C61HI:./+$K;C:< 5
  • 6. *JGG1Y-09?7I17'8!X8] !%&I1:*Z#*8DD8?w<*)8]'?#A?1M1FG?518*#19C=*1(=0!>-€1M1FG?H-9'?*e• ^IOP@#9C=*1(=0!>HAECIOP@#4A1='1"#=*#1!<5a"C29C=24$5#$_ QR-IOP@#*#10)821MB2*1(=0!>H-0*8)6#**#1!<5a"C29C= "@A"0/4$7C61B8#P6FB#3)/Y7C61B8<6+$$+T$/Y/;).!89$:I)"0/:+$$@T 24$5#$BJF@1EC0ITF#V RFB%CK4I<=<E)<E)!HC)!EC)!3D61<K;C:/YE)!;O/1)$66/B8<K;C:HI:1 *JG11YR-!#DA61*$VA1/Y4D6:I)!'C$")1B3IB%CPN/8#+,8#015*C%@EVT$!;.< #F*:I)1:+$/YRF!89$#Pc#@!/Y,B8*3%<!E)/Y/#FR).<y>><4+$B8 3+$3@K7IPN//()*$%!2OA3EVT$K;C:/YR+,#P.+%5'I;1B8<!2#)FoF$+T$ *3%<$@A/Y!89$8WX*)5*XI!*3D6$/+$"@A:I)<PC)40SRF!6)1,7#1$+T$3) R()$:$#P3+$/Y!;.!/O$4:)37C61/)#<5$*;).!'C$")13+$3@#P:OA1 %NK;<40S'NC5*C,+7#!E)B85HC!;.%@/:I)<5HC/+,#P#I:3/YB%C<5HC/+,6FB# w+,wC6$/+$<./7+:6.I)1;)%2#C):<3@#P:OA1PV1<J>></:I)4+$7I6:+$<$@A /YB%C<"()B37C613)R()/+%:I)7C615HC/+,6+$$@T<40SRF!6)!89$4N861/YB%C !'C$")1!%@.:<!2#)FoF$+T$,)1!'C$")13+$/Y!;.PN/R+,!'C$")1!2OA3 3)EVT$!1O$<Kc#&/:I)<3+$HI:.B%C/+,"0/4$<6+$$@T3+$!*3D6$/+,*;). ;1B8!2OA3;1B8<!;.!89$!'C$")1"@A4),!/@A.:/+$<!2#)FoF$+T$7#1 3)7#[)$3)/!;.<HI:.<E'3/`!E)B%C:+$;F<y”>>><,)"7I64+$<7I6 $@T3+$$I)RF3@#F,,8#+,8#01!'C$")1!/O%EVT$B%CK;C:<K7IR#O1^K;C:/Y :+$#P76$$@T$F<K7IZ)4!6/H$!#)6.I)1!'$6B8E6K4I<J”_>><!61 3@*$I:.1)$'()$+/1)$!E7/)#!%O$#P<"@A46.8#+,8#01!#DA61!'C$")1 $F<PN//:I)7+T1<d”_>><"()B3B3I3)RC)1!#)<5$!3DA6#P/YB3I5HI%@/:I)!#) K;FR()$:$#P6.NIK;C:<K7I.+1B3IPN/$()3)5HCR#O1<K7IPN/$()B85HC!2DA6 !*#6<#P<E'3/`/Y!/I)/:I)!#)%C:.</Y7/<=U>”>>><7I6!%D6$7I64+$ E6wDT6#P!"I)$+T$<6+$$@T/Y!;.!89$!*70"@A:I)<S<:+$$@T/)#5*C,#O/)#E61 4NS<y>><4+$K;C:!E)6$03+7O"@<pvJ<!%D6$!/D6,<=>><;C)$,)"$@A4D6 #P#I:3RFB3I%@EVT$K$I$6$<PC).+13@R()$:$#P"@A!2OA3EVT$*#D63@!'C$")1 /)#!6)Z)Q@E614$"+T18#F!"G3)60%*$0$/#01!"2e<</"3`40S "@A!2OA3EVT$!EC)3)!#DA6.^-%.B3I<B%CPN/R+%5*C%@EVT$<PC)/#S@"@A:I)3@!'C$ !/Y,Z)Q@!.6FK.F/:I)$@T6@/<K7I"()B340SB3I3)%NK;8#FH)H$7#1$@T ")1#).B%C5*C6.NI!;@T.17+:!61B%C<8#+,8#01,#O/)#B%C<8#+,8#017+:#P B%C<#).B%C!2OA3EVT$6+$$@T</Y')3)#P"()5*C#P#I:36.NIB%C6.I)18/7O<K7I QR-6#*I17'5*#1Y3!%&KF#2?#*#1I17'#2=#2*<5[#A1<S2<;2 :I):+$$@TB3I5HI<3+$3@/)#3)"+,wC6$/+$!.6F3)/ $#*Tx#5#*NAF,@2A1<5V *JG11YR-4D6MNC:I)e/#01!"2e<!E)B3I.633)K7F7C618#F!%Y$$@T< QRIOP@#9C=AG#?!<5a"C29C=1<S5#T*T#=NT71<S5#T!"C=M8&2 K;C:/YB8'#C)1#F,,5*3I<!HI$<#P<l–—<4D6!E)40.B3IB%C<!R#R)B3IB%C< *+0IW2IOP@#BJF,@?A1<5V K;C:R#O1^K;C:B3I5HI40SR+%/)#B3IB%C*#6/<4D6"0/4$B3I.636.NI,$ *JG11YR-E'3/`EVT$6.NI/+,/#3E$'I1")1,/<EVT$/+,/#F"#:1 *;+//)#'+$7O:O]@<*#D6"@A6)RRF7C61!R#R)*;).^#6,<K7I40S!;D6/ 43$)43<</"3`!E)/YB3I6.)/!6)*$@T3)<!E)6.)/RF"()5*3I< "@ARFB3I40.<40.4#+T1*$VA1B3IR,<!E)/Y4O%:I)B87I6B3IB%C<<40SRF40.4#+T1 !2#)F<E'3/`!E)"()E)%"0$B:C!.6F!E)/Y6.)/RFPI).!"*$@T66/<< "@A#C6./YB%C<4#+T1"@A2+$/YB%C<K7I40SB%C40.*#D6B%C'DA6')#/+$3)<!MDA6"@A K7IPC)Z)4#+[,);B3I3),#O*)#R+%/)#7#1$@T<3+$/Y41RF!/O$K'$ RF3@6FB#"@ARF.63#+,/+$B%C ;C)$B8K;C:<4D6/)#!%O$#PE61</"3`"0/:+$$@T/;).3)!89$8WX*) E61/)#!3D61B8%C:.<!2#)F/)#"@ARF8#+,EVT$#)4)*#D66FB#</Y /;).!89$B8/#F",/+,/)#!3D61<K;C:"0/:+$$@T.OA13@/)#5*C!%O$#P< EVT$c#@<y>><4+$<.OA1/#F",/+,Z)4!6/H$6.I)15*XI<!2#)F:I)#P c#@3)<#P!6/H$3):OA14NI/+,#Pc#@<P)3:I)40SRFEVT$#P6FB#PC)B3I 5HIHI:1R()/+%!:;)"@A7C61!%O$")1<7#1$+T$!#)!/Y,#).B%CB%C!2@.1!;Y/ $C6.<K7I:I)"0/:+$$@T3+$B3I5HIK;C:<3+$/YRFB%CK4IHI:1H+A:-31!#I1%I:$< 6 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 7. I17[<'13-6='=G2 C)%DKL"GF#*#1*#11M,‚‚ƒ#92'F=?GTJ2N@F=I170!w,!$-€„…†‡•- ^*1(=0!>H67D"C=)LNTA2!(*A2C$F#=0!F#0!%$?_ QR--DC2!%&A(YD<)'82B6T='?<A1KL"GF#H*1(=0!>?@#2A1-A(Y 40S3@'7)14&3)/!"I)B#<$@A!89$'0Z)QO7B%C!;.$F4#+,<"@A!E)2N%!;I$ A8)M:=C7,10IW2'8&=N1*V /+$:I)<.OA140S3@!1O$3)/!"I)B#<40S.OA13@/x*3).3)/!"I)$+T$<PC)40S I17[<'13R-5$4:)34O%E61M3<!#DA61K#/4D6H@:O74:)3!89$6.NIE612@A 3@!1O$$C6.^</x*3).3@$O%!%@.:<!2#)F:I)6FB#4#+,<!2#)F:I)!E) $C618#FH)H$5$/#01!"23*)$4#<B3I5HIB8%NK;!o2)F,C)$"@A3@#+T:< *3).4:)3:I)<PC)40S3@!1O$!.6F^<40S')3)#PB8RC)1"$).3) K;C:2:/"@AB3I3@#+T:<6.NIK,,';+3B3I7C61B8%NK;3+$<B3I5HI$F4#+,<40S B84C$/x*3).$+A$$@A3)<K;C:/Y3),6/:I)6+$$@TRF!89$6.I)1$@T<!89$ 7C61%NK;6.I)1!"I)!"@.3/+$<K7I5$:+$$@T<4:)3!89$R#O1!89$6.I)1$+T$ 6.I)1$@TB%C<K7I:I)PC)40S3@!1O$$C6.40S/YB3I3@8WXX)B8RC)1<40S/Y#NC6.NI *#D6!8;I)<$@A4D68#F!%Y$K#/ K4I$@TK;C:40S/Y7C61.63!E)<40SB3I#NC:I)R#O1^<K;C:3+$3@/x*3).6DA$ 8#F!%Y$"@A'61<4:)3#I:33D6#F*:I)1</"3`</+,#+[,);</)#!89$ "@A3+$5HCB%C<$@A3+$!89$'+R]##3 2##4"@AK7/7I)1/+$<3+$B3I$I)RF!89$608'##4*#D6!4#DA61E:)1/+T$ QR-A(YA8)GF#IOP@#0@TF#2%;G<2@2:&=C#667!x#B@"I170!w,!$-T) 5$/)##I:33D6/+$<K7IPC)'+1!/7R)//)#"()1)$<3+$B3I4I6.3@/)# 17)<5AG#?'x#A<P6#*0G!%4T*V #I:33D6/+$<K;FRF2N%B%C!;.:I)</"3`<!*3D6$!89$#+[6O'#F<-%. I17[<'13-R-:+$$@T'OA1"@A'()4+X"@A'0%4D66@/B3I/@A8?EC)1*$C)<<8?<=__y< PD6:I)o+$/Y3)R)//)#!;D6/7+T1!*3D6$/+$<K;C:76$$@T2##4o+$!89$ !#)RF3@8#FH)436)!w@.$<RF3@!#DA617C61!HDA637I6/+$6@/3)/<!HI$< 4$;FE+T:/+,2##4#+[,);</Y7I)14$7I)16.NI<K$:4O%K,,$@TB3I6.NI5$ !#DA6143$)43<!#DA616O'#FE614$"@ARF-./.C).3)/EVT$<')3)#P!%O$ 4:)34O%E61M3 ")1MI)$B8MI)$3)<K#11)$!EC)3)B%C*3%<7#1$@T!89$6FB#"@A$I)!89$ QR-N')=GF#A(Y0@+2IOP@#AG#?0@TE&C?Tx;#B2J(?J2NDFT7J(?J2 *I:1<!2#)F5$K1IE61/)#E$'I1<3+$!89$!#DA61"@A'()4+X3)/^<"@A!#) 9C=*1(=0!>HV 7C61%NK;!#DA612:/$@T<'I:$!#DA61</"3`</Y'()4+XK7I,+1!6OXE6,!E7 I17[<'13R-B3I$I)!HDA6:I)5$.04$@T<76$$+T$/Y<=__d<.+13@H03H$wVA16.NI E611)$<7)34:)34O%M34O%:I)</"3`<'()4+XR#O1<K7I:I)3+$!89$ 5$2DT$"@A$(T)4#()<BccŒ)B3I3@<8#F8)B3I3@<K;C:/YB3IB%C#+,/)#%NK;R)/< K4IR0%^<*$VA1E618#F!"GB".<8#F!"GB".6.NIB%C7C61"+T18#F!"G< /"3`<E.F/Y"OT18;I6./+$7)3$(T)<7C61P)3:I)"()B3</"3`<B3I!6) B3I5HIK4I</"3`<K;C:/Y,+1!6OX/)##PBcwVA1:+$$@T/Y4I6$EC)1RF8WX*) !1O$wVA13@6.NI$C6.$O%<3)%NK;2:/$@T<K"$"@ARF6.)/"()1)$/I6'#C)1 !.6F<M3/Y!;.4O%:I)6.)/"()5*C#PBc3+$!%O$B8EC)1*$C)<6.)/"() [)$F"@A6.NI5$#+[:O')*/OR3)/I6$<M3!EC)5R:I)/)#/I6'#C)13+$%@ 6FB#"@A!2DA65*C8#F!"G!#)B3IHC)B8/:I)4$6DA$!E)<:+$$@T!#)/YHC)3) /:I);IF<6+$$@T!#)/Y2N%4:)3R#O1/+$!;.$F4#+,<K7I:I)P)3:I)3+$PN/ 3)/K;C:<8#F!"GB".!#)!89$4$!#OA3<!89$8#F!"GK#/^<5$KP,$@T *#D6!8;I)</"3`<3@1,8#F3)S8?;F•vy<*3DA$;C)$7I68?<3@#).B%C "@A3@#PBc<!#)!#OA32#C63/+,X@A80˜$<PC)!#)3@2+$)/)#B8!#DA6.^<K,, 8#F3)S$@T<K;C:40S!6)!1O$'I:$5*XIB8;1"0$-4#1/)#5*XI$@A<K;C: X@A80˜$<M3!HDA6:I):+$$@T!#)7C613@K;C:<•†vƒ‘hhj<~}k†i<K7I,+1!6OX !1O$"@ARFB8%NK;2@A$C618#FH)H$3+$6.NI7#1B*$ E61!#)3+$*.0%6.NI/+,"@A%C:.')!*70*;).6.I)1<6+$$@TB3IB%C-"Q/)# QR-IOP@#01E&C=K<=0?EC=NT7A?2#A?$<=A=0IW201E&C=B@PF9C= #PBc4$!%@.:$F<PC)B8%N8#F:+7O<RFB3I-"Q#PBc4$!%@.:<!2#)F *1(=0!>?@#2A1-BJF@1EC,?FV 3@')!*70*;).6.I)1!EC)3)!/@A.:2+$5*C!#)*.0%6.NI/+,"@A3)$)$3)/< I17[<'13-R-8WX*)E618#F!"GB".:+$$@T<7C61.63#+,$F4#+,:I) :+$$@T/;).!89$:I)3)!;!w@.'#C)1")1#PBc3)R6%"@AH).K%$<!E) M+1!3D618#F!"GB".!#)!#OA3"()3)$)$K;C:<K7I3+$B3I!4.5HCB%C6.I)1 '#C)13)#6!#)K;C:<!#).+1B3I"()6FB#!;.<7#1$@T!89$6FB#"@A3+$%NK;C: !7Y3"@A<!2#)F6FB#4#+,<!2#)F:I)3+$3@/;0I3M;8#F-.H$&3)K6, 3+$6V%6+%<%+1$+T$5$[)$F"@AM3!4.6.NI/+,#F,,#)1</Y6.)/!EC)B8 6.NI<3+$!89$*;+/"+A:B8<"+A:B8<"0/K*I15$-;/RF!*3D6$/+$*3%<.OA1 "()7#1$@T< 7
  • 8. ./-'<PP#Y*#10IT%&$2NIT=*!?eB2!wG11Z@2"# '+XX)S/)#!8;@A.$K8;1</"3`<5$"G:##Q*$C)<"@A3@G+/.Z)2 :+7P08#F'14&5$/)#'#C)1/)#3@'I:$#I:3!HO1$-.,).<•‰n“†Šˆ< K;FK$:-$C3$()B8'NI/)#2+$)$-.,).')])#SF5$#F%+,<< ‘k}~†Š†‘k~†niŽ<'()*#+,<$+/:OH)/)#<$+/]0#/OR<614&/#K;F/;0I3 a!3D613*)$4#b<B%CPN//;+A$/#61R)/4:)34O%<-%.:O]@/)#<a/:)% H03H$7I)1<^<K;F8#FH)/#"0/4$<!2DA6$()!'$68#F!%Y$60,+7O5*3I< '+XX)S/)#!8;@A.$K8;15$K$:#),<•™n}†šni<ƒŠkii†igŽb< •‚žh}g†ig<†ƒƒ•hƒŽ<6+$RF$()B8'NI/)#"()$:+7/##3")1/)#!3D61< /+,/;0I34$#0I$5*3I<$+/:OH)/)#<K;FMNC$()4:)34O%<"@A3)#I:3 •‰n“†Šˆ<†iin•k~†niŽ<K/I<MNC:I)#)H/)#<MNC,#O*)#<$+//)#!3D61"C61 /#F,:$/)#3616$)47<•›n}hƒ†g•~Ž<66/3)B%C<d></;0I3 POA$<K;F*$I:.1)$#)H/)#5$'+1/+%</"3`<!2DA6!7#@.34:)32#C63 '+XX)S/)#!8;@A.$K8;1%+1/;I):<3@<p<3O7O'()4+X<B%CK/I '()*#+,/)##+,3D67I64:)3B3IK$I$6$5$6$)47 œ<<3O7O%C)$M;/#F",<••ž‘kŠ~Ž<5$<_<%C)$4D6<'+143<!"4-$-;.@< !G#Q[/OR<'OA1K:%;C63<K;F/)#!3D61<"@A6)R!/O%EVT$5$</"3`<"+T1$@T< *#1*G#)'<PP#Y*#10IT%&$2NIT=B2N2G1#5-- -%.]##3H)7OK;C:<'+XX)S*$VA13+/3@M;/#F",5$*;).3O7O<wVA1 €ˆolr‰om-Švgmmrm‹•-AECC7,1V ')3)#P,I1H@T%C:.#F%+,4I)7+:H@T:+%R)/$C6.B8*)3)/<•d<Ÿ<_Ž< /#F,:$/)#6.I)1!89$#F,,"@A4()$V1PV12+$)/)#E616$)47wVA1B3IB%C6.NI5$K$: œ<<3O7O%C)$-6/)'4:)3!89$B8B%C5$/)#!/O%EVT$E61K7I;F8#F!%Y$< 4:)34O%/#FK'*;+/<•‡k†iƒ~}hkž<†jhn“ngˆŽ<K;F#F,,/)#:)1KM$<•‰“kii†igŽ< • †mh“†•nnjŽ<K;F3O7O%C)$-6/)'"@A8#F!%Y$$+T$<^<RF!/O%4:)3 5$8WRR0,+$K7I6)R3@$+.'()4+X<!"4$O4$@T!*3)F'()*#+,614&/#'3+.5*3I"@A7C61/)#'I1 K8;/K./5$!HO14:)34O%!*Y$<•…ni~}n•h}ƒˆŽ<-%.%NR)/4I)4:)3 !'#O34:)3')3)#P5$/)#a4O%$6//#6,b<!2DA64)%/)#S&K;F!7#@.37+:#+,3D6/+, $I)RF!89$R)/$C6.B8*)3)/<•><Ÿ<dŽ< Z+.40/4)3<•—•}hk~Ž<4:)3!'@A.1<•–†ƒmŽ<K;F<-6/)'5*3I^<•|h¡<¢‘‘n}~•i†~†hƒŽ< 6@/"+T1.+1HI:.5*C!/O%4:)33+A$5R5$/)#2+$)/;.0"]&"@A#61#+,/)#!8;@A.$K8;1E61 ,#O,"5$6$)47 0.0 Controversial 1.0 1.0 œ<!3D613*)$4#K*I1<f‚…<•f‚…<‡hgkŠ†~†hƒŽ œ<K#11)$#0I$5*3I<•|h£~<ghih}k~†ni<“k’n}Ž œ<6)HX)/##360,+7O5*3I<•‚žh}g†ig<Š}†žhŽ œ<4:)3*;)/*;).")1!2G<•€h£<†i<~•h<…†~ˆŽ Likelihood œ<'O"]O60,+7O5*3I<•‚žh}g†ig<}†g•~ƒŽ œ<6+7;+/QS&/#01!"2e<•l¤¤<•jhi~†~ˆŽ œ<2DT$"@A"+A:PV1<••iŠ“•ƒ†•h<€‘kŠhŽ œ<MNC$()#6,%C)$<•pJ><jhg}hh< hkjh}ƒ•†‘Ž œ<'+1434)#&,6$7(A)7]<• n¡v…k}’ni<€nŠ†h~ˆŽ œ<GO;8F!2DA6"0/4$<•f}~<•n}<f““Ž 0.0 8 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 9. N2G42"?24$5#$)<=*TF#G-'#?#1M6<)*T(F?,)"0IW2-t-*T(F?-)<=2%; C#0a%$2[8G<D23-€‡}igmr‰ghrom• ?1*D2A1-€•Žilg|p-vrhk• <*#D6</#F,:$/)#ZN3OZ)4ZO:+7$&6)!w@.$PD6B%C:I)!89$/;0I3/)# 6+7;+/QS&E61/#01!"23*)$4#K;F6+7;+/QS&#I:3E614$ !8;@A.$K8;1"@A3@-6/)'4:)3!89$B8B%C"@ARF!/O%EVT$K;F3@4:)3 /"3`<••jhi~†~ˆŽ<.+1413@2+$)/)#K;F/)##+,#NC"@A*;)/*;).6.NI< K8;/K./")14:)34O%!*Y$5$#F%+,'N1!$DA61R)//;0I38#F!%Y$%+1 ./7+:6.I)1<!HI$</"3`<"@APN/361:I)!89$!3D61GO;8§K;F4()$O.3"@A7+T1 /;I):3@M;/#F",5$#F%+,ZN3OZ)4"@AM$:/!6)3O7OE614:)3!89$ B:C<B3IB%C'F"C6$7+:7$5$%@!6Y$!6E614$/#01!"23*)$4#6.I)1 !3D613*)$4#<•¥}’ki†šk~†niŽ<K;F/)#62.2.C).POA$[)$E61 K"CR#O16@/"+T1Z):F-;/#C6$RF!89$7+:!#I1"()5*C!3D613*)$4#K*I1 K#11)$<•‡†g}k~†niŽ<K;F/)#!/O%8#FH)43!G#Q[/OR6)!w@.$< $@TR()!89$7C61'#C)1<a'+1434)#&,6$7(A)b<• n¡<…k}’ni<€nŠ†h~ˆ”< •f‚…Ž<5$8?<=__y/)#!/O%3)7#[)$!3D613*)$4#K*I1<f‚…<RF'I1 …€Ž<"@A!89$<d<5$8#+HX)E61/)#2+$)!3D616.I)1.+A1.D$<5*C M;/#F",7I6/)#!89$/#01!"23*)$4#3)/"@A'0%-%.!o2)F6.I)1 !/O%EVT$<6@/"+T12DT$"@A"@A3@#N8K,,/)#5HC8#F-.H$&K;F2;:+73)/ .OA1/)#!8;@A.$K8;1E61-4#1'#C)18#FH)/#B8'NI'+143'N1:+.K;F EVT$<•€‘kŠhŽ<B3I:I)RF!89$<2DT$"@A')])#SF!HO1/).Z)2<2DT$"@A5$ /)#!8‹%!'#@")17;)%K#11)$5$ZN3OZ)4<RF'I1M;5*C<a'3/)#K#1 -;/Bw!,6#&K;F2DT$"@A")14:)34O%E618#FH)/#/;0I37I)1^'OA1 1)$/"3`b<!8;@A.$K8;1B8-%.3@/;0I3K#11)$M3'@%6/!;)<•{}hˆ< K8;/5*3I!*;I)$@TRF3@-6/)'!/O%EVT$R#O1B%C.)/*)/MNC$()B#C:O'+. “k’n}Ž<K;FK#11)$EC)3H)7O5*3I<•lkigmnm<¦†kƒ‘n}kŽ<!89$K#1 "+G$&<6@/"+T13@/)#,#O*)#2DT$"@A5HC'6.7I)1^6.I)1B#C2;:+7<K;F<B3I M;+/%+$K;FE+,!4;DA6$/;B/!G#Q[/OR/"3`<5$ESF"@A</"3`/Y 5'I5R7I66$)47E616+7;+/QS&!3D61</"3`<RV17C61/)#<aZ):F RF7C61!7#@.3#+,3D6/+,6)HX)/##360,+7O5*3I"@A3)2#C63/+,/)# MNC$()#6,%C)$b•pJ><¦hg}hh< hkjh}ƒ•†‘ƒŽ<!2DA676,-R".&/)# !8;@A.$K8;1")1%C)$!G#Q[/ORK;F'+143EC)17C$<6.I)1*;@/!;@A.1 !8;@A.$K8;15$6$)47$+A$!61 B3I2C$ M229C=01#-€•zl-…ogp• ?7?FG=B@PF-€†~i-Œr‹-„gm‹o•< !2DA65*C4()E:+X"@A:I)<a/#01!"2e<%0R!"2'#C)1!3D61GN$.&/;)1/)# 3*)$4#$O:.6#&4!89$"@A#NCR+//+$:I)4D6<aK68!8‹;5*XIb<•—™‚<l•{< 8/4#61:+%:+11)3!#D61#61!3D61*;:1E618#F!"GB".b<!89$ f‰‰ ‚Ž<!HI$!%@.:/+$</#01!"23*)$4#/Y4D6<a3F3I:15*XIb<•—•h< 4:)3R#O1"@A3@H@:O7EVT$3)B%C8#F!%Y$%C)$:+$]##3K;FGO;8F"@A"0/ l†g<‡kignŽ<"@A*;63#:3!6)<:OP@H@:O7<:+$]##3<6)H@2<H$H)7O< 4$')3)#P!EC)PV1B%C<•f}~<•n}<f““Ž<K;F'O"]O60,+7O5*3I<•‚žh}g†ig K;F6)HX)/##3"@A*;)/*;).R)/"+A:"+T1":@8!6!H@.K;FR)/< –†g•~ƒŽ<$+T$PD6B%C:I)!89$4:)3"C)")."@A'()4+X6.I)1.OA1</#01!"2e 3036DA$^E61-;/3)#:3B:C<3F3I:15*XI;N/$@T/();+1RFPN/"C)").R)/ RF')3)#P!8;@A.$!89$!3D61K*I1GO;8F6.I)1!3D61GO;8FE61-;/ 8#F!%Y$%C)$4:)33+A$41K;F4:)38;6%Z+.!2DA6#+,3D6Z+.40/4)3 !o/!HI$<8)#@'<*#D6<3O;)$<B%C*#D6B3I/Y7C616)G+.4:)36O'#FE61 5*3I^%C)$4#6,4#+:K;F4:)3'+32+$]&"@AR()!89$7C613@/)#.63#+, 8WR!R/H$5$/)##+1'##4&M;1)$5$"@A7I)1^<#:3PV1"@A')])#SF<wVA1 '+143"@A3@4:)3K7/7I)1*;)/*;).!HI$!2G:OP@wVA1!89$R0%!%I$6@/ 6)RRFB8E+%K.C1/+,6()$)R/)#8/4#61!/I)^E61/#01!"2e<K;F %C)$*$VA1E61/#01!"23*)$4##:3B8PV1/)#!4;DA6$7+:E61!3D61B8 R()!89$7C61'#C)1'O"]O5*3I^<EVT$3) 'NI-4#1'#C)1K;FEC67/;1")1#F,,!G#Q[/OR5*3IRF$()B8'NI]0#/OR $6/R)/$@T'O"]O"@A.+1361B3I!*Y$K;F4)%B3IPV1RF!/O%EVT$6@/3)/5$ 607')*/##3K;F6)H@2"@AK7/7I)1B8R)/!%O3<-%./;0I3K#11)$< 6$)47/YRF!89$7+:"C)").5*C/#01!"2e7C618#+,7+:!2DA6K,I12DT$"@A #0I$5*3I< 5$/)#5HC6()$)R/)#8/4#61#F*:I)1MNC:I)e</#01!"23*)$4#K;F 8#FH)H$/#01!"2e 9
  • 10. 10 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 11. 11
  • 12. 12 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 13. 13
  • 14. 14 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 15. 15
  • 16. 16 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 17. 17
  • 18. INFO 5 18 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 19. 19
  • 20. INFO 6 20 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 21. 21
  • 22. INFO 7 22 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 23. 23
  • 24. INFO 8 24 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 25. 25
  • 26. INFO 9 26 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 27. 27
  • 28. INFO 10 28 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 29. 29
  • 30. Reference Gen_3__ROM_150220120502.pdf •-AG#?@T#*@T#$!#=0>w-€Ši‘-rm-h~i-’rhk• 2012 Global Cities Index and Emerging Cities: What is Bangkok Ranking? http://www.washingtonpost.com/politics/for­obama­gay­marriage­stance­borne­of­a­long­ http://www.doingbusinessthailand.com/thailand­business/doing­business­in­thailand/2012­ evolution/2012/05/10/gIQAIDIlGU_story.html global­cities­index­and­emerging­cities­what­is­bangkok­ranking.html http://www.cnngo.com/mumbai/life/india­ready­gay­travelers­086621 How to be a Bangkok local: 10 tips on faking it http://www.manager.co.th/china/viewnews.aspx?NewsID=9550000085317 http://www.cnngo.com/bangkok/life/how­be­bangkok­local­10­tips­faking­it­880230 http://www.toonaripost.com/2011/07/world­news/lgbt­in­thailand­tolerated­or­accepted/ http://www.ryt9.com/s/iqry/1427448 http://en.wikipedia.org/wiki/Timeline_of_LGBT_history •-w8TI70>E&C!(*A2-€‡lh-sol-‡||• http://www.ct.gov/dcf/lib/dcf/wmv/pdf/timeline_of_lgbt_history.pdf http://www.princeton.edu/~artspol/workpap/WP20%20­%20Guetzkow.pdf http://www.infoplease.com/ipa/A0761909.html Culture­driven Urban Regeneration: A Case Study of The KadeeJeen Neighbourhood, Bangkok •-N1==#21(F2B@?F-€“i‘h-‹imilghrom-|g{ol• http://www.cisasia.net/Case_Study_Brief/Bangkok/04­BKK­Art­Revitalization.pdf http://ihppthaigov.net/publication/attachbook/116/chapter2.pdf Temporal Intervention ­ City Innovation for Public Art in Bangkok http://www.cisasia.net/ http://thailand.unfpa.org/documents/thai_ageing_englishversion.pdf Case_Study_Brief/Bangkok/03­BKK­Public­Art.pdf http://www.scbeic.com/ENG/document/insight_apr10_en http://www.artforall.or.th/ United Nations Population Division 2009 •-C#JP#*11?C(5<D8B@?F-€•Žil‹rm‹-vlrŽi• World Population Prospects: The 2008 Revision, United Nations Population Division 2009 http://en.wikipedia.org/wiki/Computer_crime Population Projection for Thailand 2005 ­ 2025, Mahidol University http://now­static.norton.com/now/en/pu/images/Promotions/2012/cybercrimeReport/2012_ World Population Ageing 1950­2050, UN Norton_Cybercrime_Report_Master_FINAL_050912.pdf, http://www.symantec.com/about/news/ IDB US Cencus Bureau, NESDB; SCB EIC analysis release/article.jsp?prid=20120905_02 http://www.scb.co.th/eic/doc/en/insight/SCB%20Insight%20Feb%202011%20Eng_AEC.pdf http://www.bangkokpost.com/tech/mobile/305352/crossroads­of­mobile­innovation http://wp.doe.go.th/s_map.html http://www.mobilemonday.net/reports/SEA_Report_2012.pdf !""#$%%&#'()*'+)'"!%,-"*,%(*./01"%21*,%,"/"-,"-3%4%,564788'#(. http://www.bangkokpost.com/business/telecom/289969/survey­thai­mobile­usage­passes­tv­ http://www.un.or.th/documents/TMR­2011.pdf and­desktop­pc •-C<DT<*ZY3*1(=0!>H-€Œ””-•pimhrhk• http://www.socialbakers.com/facebook­statistics/cities/ Travel & Leisure names Bangkok World’s Best City 2012 http://visual.ly/internet­things­0 http://www.travelandleisure.com/worldsbest/2012/cities •->E;2!%&!<&GM:=-€•mv|z}rui-Š•gvi• Bangkok receives World’s Best City Award 2012 Asian Green City Index http://www.pattayamail.com/travel/special­report­bangkok­receives­world­s­best­city­ http://www.thecrystal.org/_download/Asian­Green­City­Index.pdf award­2012­14976 http://www.bangkokpost.com/tech/mobile/305352/crossroads­of­mobile­innovation Bangkok ranks 17 among top 29 cities to visit in 2012 Press Freedom Index 2011­2012 http://www.pattayamail.com/travel/bangkok­ranks­17­among­top­29­cities­to­visit­ http://en.rsf.org/press­freedom­index­2011­2012,1043.html in­2012­13402 •-'<=A?A#135C2Dx&#-€qoj–’gl{om-Šovrihk• Asia’s 10 greatest street food cities Report of Delphi Analysis: For The Low Carbon Society Beyond 2050 Project ­ APEC CTF http://www.cnngo.com/explorations/eat/asia­street­food­cities­612721?page=0,3 http://www.reuters.com/article/2012/09/25/climate­inaction­idINDEE88O0HH20120925 http://www.lboro.ac.uk/gawc/gawcworlds.html http://www.bloomberg.com/slideshow/2012­07­06/top­20­cities­with­billions­at­risk­from­ The Economist Intelligence Unit. Global Liveability Report. climate­change.html#slide12 http://www.eiu.com/site_info.asp?info_name=The_Global_Liveability_Report http://www.knowledge.allianz.com/environment/pollution/?1384/whats­your­citys­carbon­ New liveability index footprint­gallery http://visual.ly/how­liveable­are­cities?view=true •-0?EC=?@#2A1N@F=-‡•’-€‡•’-„i‹gvrhri}• Hot spots: Benchmarking global city competitiveness, January 2012 “Towards Innovative, Liveable and Prosperous Asian Megacities” project ­ cisasia.net http://www.citigroup.com/citi/citiforcities/pdfs/hotspots.pdf •-'8!X8C(5<D8B@?F-€•Žil‹rm‹-lr‹~h}• City Brand Rankings http://www.go6tv.com/2011/09/blog­post_4273.html http://www.publicaffairsasia.net/location_branding2012.pdf http://www.hiclasssociety.com/hiclass/detailcontent1.php?sub_id=388 Bangkok ranks 2nd in ASEAN as city with highest living cost http://www.thanonline.com/index.php?option=com_content&view=article& http://www.thaivisa.com/forum/topic/473349­bangkok­ranks­2nd­in­asean­as­city­with­ id=133577:2012­07­28­12­ highest­living­cost/ 25­13&catid=176:2009­06­25­09­26­02&Itemid=524 Economist Intelligence Unit. 2012. Worldwide Cost of Living 2012 •-KL"2x#1C5)"#2-€n—/-pi‹lii-qigpil}~r•• http://www.romandie.com/news/pdf/PDF_Coe_la_vie_ravers_le_monde__Zurich_1er_ “Towards Innovative, Liveable and Prosperous Asian Megacities” project ­ cisasia.net 30 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47
  • 31. KL"I17'#2=#24A1=*#1<< 2O!H[<<.OA1!/@.#7O40S<< @<G@2"#!%?G86<$<<<< %#`2+$]0&6)R<H+.#+7$&< < < /)$7&<.D$.1 !%?G86<$< < 8#@%)<H+.$)RO7# < < Z)4ZN3O<K'1/$//0; < < 8)#OH)7O<-H4!/O% < < !R#OXH+.<BH.B2,N;.&:1G& < < 6O'#O.F<<B2#@2I).z"]Ou < < RO#).0<6$0#+/Q&R+$"#) < < H+.2#<!w@.$2)$OH < < '!/Y%%):<:+$;@ w8TI*11?< < :#073&<#O$]$)!;OG < < www.varut.net < X(1*#1< < G0Z#+7$&<7+T1G#@:1G& < < o+7#'0%)<*)X,)1 E6E6,40SMNC!EC)#I:35*CEC63N;"0/"I)$"@A"()5*C-4#1/)#$@T')3)#P'()!#YR;0;I:1B8%C:.%@ < < EC63N;K;F:O!4#)F*&-%.< < ,#O*)#-4#1/)#-%.< '$+,'$0$-%. ;OE'O"]Ou< << ')3)#P7O%7)3-4#1/)#K;F4:)3!4;DA6$B*:B%C")1 ~¡†~~h}¨< < ©kghijk’mm •kŠh’nnm¨<< < ¡¡¡`•kŠh’nnm`Šnžªfghijklkigmnm 31
  • 32. 32 !"#$%&'()*#+,$-.,)./#01!"23*)$4#5$6$)47