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Thai Unit of Multinational Ad Firm Aims to Match Last Year's 15 Percent Growth.

Bangkok Post (Bangkok, Thailand)

| January 09, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nondhanada Intarakomalyasut

Jan. 9--The Thailand unit of the advertising and communications multinational Ogilvy & Mather Group recorded 15 percent growth last year and expects similar growth this year in spite of the uncertain spending outlook caused by US-Iraq tensions.

Tim Isaac, chairman of O&M in Thailand, said none of the firm's clients had contingency plans for a war and most believed that if there was one, it would be quickly resolved.

The group's consolidated billings last year reached 2.8 billion baht, up 15 percent from the previous year, outpacing the average industry growth of 10-12 percent.

He said the performance ...

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