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Can automation and AI be vital tools in Thai forex markets?
In Thailand's rapidly evolving financial landscape, Forex is a vital channel for retail and institutional investors. In recent years, Thailand's trading community has turned to algorithmic solutions and Artificial Intelligence (AI) for the foreign exchange market. Automated trading systems are...
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Missing Phuket student, 17, found drowned
PHUKET: Rescue workers have recovered the body of the missing 17-year-old student who was swept away by strong waves when he entered the surf while with friends at Nai Yang Beach on Tuesday.Nithipol Lorlaem’s body was found this morning, about 500 meters from the police box near the beach, where he was last seen in the strong surf.“Six lifeguards, Mr…
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Travel Malaysia Consumer Fair starts tomorrow
PHUKET: Starting tomorrow the Tourism Malaysia Phuket Office for Southern Thailand, will once again be staging the Travel Malaysia Consumer Fair at Central Festival Phuket. This will be the second series of road shows and consumer fairs held in selected areas in Southern Thailand, includ ing Trang, Koh Samui and now Phuket. Selected outbound tour operators in Phuket will be…
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Phuket Sports: Fed Ex Cup; Golf tip of the week
PHUKET: This week on the PGA tour saw the Tour Championship and the finals of the Fed Ex Cup played at the East Lake golf course in Atlanta, Georgia. The course was in immaculate condition and the greens were similar to those at the Lakes golf course at Blue Canyon in Phuket, with subtle breaks, which make it difficult to…
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Roads reopen as floods recede, but residents still on high alert
PHUKET: Police today reopened roads in Phuket’s busiest tourist town of Patong after heavy rain there yesterday delivered floodwaters reaching depths of up to a meter deep, cutting off roads and access throughout the resort town. The worst affected area was Phang Muang Sai Kor Road in front of the Patong Hospital. Thaweewong Road, including near Loma Park on the…
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Thailand News: Failure to join CLMV could cost millions
PHUKET MEDIA WATCH – Thailand news selected by Gazette editors for Phuket’s international community Reluctance to join single-visa scheme could prove to be costly Phuket Gazette / The Nation PHUKET: Thailand has to revise its strategy concerning a regional single visa scheme, or it could lose millions of tourists to neighboring countries, which are kicking off the “CLMV Single Visa”…
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Phuket Vice Governor to take the big chair on October 1
PHUKET: Phuket Vice Governor Sommai Prijasilpa will take on the responsibility of Acting Governor from October 1 following the Thai Cabinet failing to name a successor to Tri Augkardacha, who will retire this Sunday, September 30.The news follows a Cabinet meeting on Tuesday not including the annual reshuffle of provincial governors on its agenda as Deputy Prime Minister Yongyuth Wichaidit…
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Patong police defer action in Tiger Disco investigation
PHUKET: Police yesterday declined to commit to pressing any charges against the operators of the Tiger Discotheque over the fire that destroyed the venue and killed four people, including two tourists in Phuket’s main tourism town, Patong. Provincial Police Commander Chonasit Wattanavrangkul chaired a meeting with Patong Police to review the forensics report into the cause of the fire and…
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Search launched for 17-year-old feared drowned in Phuket
PHUKET: The search continues for a 17-year-old student who disappeared in strong waves at Nai Yang Beach late yesterday afternoon.Royal Thai Navy officers from the Third Naval Area command in Phuket and Kusoldharm Foundation rescue workers resumed their search for Nithipol Lorlaem at 8am today, after it was deemed unsafe to continue the search around midnight last night.Mr Nithipol’s parents,…
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Weather warning issued as rain soaks Phuket traffic
PHUKET: Heavy rain across Phuket this morning has caused minor flooding in some areas and severely hampered traffic flow during the morning rush hour.The Phuket Gazette has received reports of minor flooding in Phuket Town, as well as some parts of Chalong and Patong.The news comes as the Thai Meteorological Department (MD) at 5am today issued its eighth consecutive “heavy…
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Go-Eco Phuket dives for biggest reef cleanup in world
PHUKET: Qualifiers keep dropping with Go-Eco Phuket as the environmental group prepares for its official launch on September 30 with the biggest reef cleanup of any kind in the world. “On September 30, the eyes of the world will be attracted to Phuket,” Tony Andrews, Thailand’s West coast PADI Regional Manager and Project AWARE Ambassador, said at a press conference…
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Phuket’s “Pink Panther’ Paiboon denies “last stage’ cancer rumors
PHUKET: Paiboon Upatising, the president of the Phuket Provincial Administrative Organization (PPAO), today replied personally by email to the Phuket Gazette to deny rumors that he has last stage cancer.“Don’t listen to all the rumors. I do not have final stage cancer, and thank you to everybody for your concern,” he wrote.Mr Paiboon said that he went to Bangkok Hospital…
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Phuket landowner denies “ghosting’ land titles
PHUKET: Public Sector Anti-Corruption Commission (PACC) Secretary-General Col Dusadee Arayawuth encountered an unusual experience during his inspection of four plots in Phuket yesterday. The named landowner, for two plots along the coastal road north of Patong, denied any knowledge of owning the land under investigation and expressed no intention of even wanting to claim ownership of the plots in question.…
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World News: LA hikers find skull and torso; 2nd in 8 months
PHUKET MEDIA WATCH– World news selected by Gazette editors for Phuket’s international community Hikers find human skull, torso near canyon trail in Los Angeles Phuket Gazette / News WiresPHUKET: Hikers along a canyon trail in the Los Angeles neighborhood of Pacific Palisades on Saturday discovered a human skull and a torso, more than eight months after a similar discovery was…
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Phuket Investor: Excuse me, what is QE3?
PHUKET: Being a regular on the sun soaked shores of Phuket, watching the many boats sail by on a frequent basis, one may start thinking that QE3 is a new luxury cruise liner replacing the old QE2 that was recently decommissioned. Not the case. In the never ending roller-coaster ride that is the world of finance, this is the latest…
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Phuket Business: Let’s go back and review the basics
PHUKET: Every once in a while I think it’s good to go back and review the basics. This is especially important in a world where the rate of change keeps increasing. Ever since the financial crisis began we have heard a lot of saber rattling with regards to offshore financial centers, banking secrecy, tax information exchange agreements and so forth.…
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Phuket Live Wire: iPhone 5 – Caveat emptor
PHUKET: Last week I talked about the importance of fast internet speeds and the evolution of technology in Phuket. This week, man oh man, the pigeons came home to roost. If you’re thinking about buying an iPhone 5, it would behoove you to read and understand this and next week’s column. The money you save could be your own. I…
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World News: Schoolgirl runaway believed to be in France
PHUKET MEDIA WATCH – World news selected by Gazette editors for Phuket’s international community British girl, 15, thought to have run away to France with teacher Phuket Gazette / News Wires PHUKET: A 15-year-old British girl is believed to have run away to France with her 30-year-old math teacher, police said yesterday as her parents made an emotional appeal. The…
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World News: 11 now confirmed dead in avalanche
PHUKET MEDIA WATCH– World news selected by Gazette editors for Phuket’s international community Climbers’ death toll in Nepal avalanche reaches 11 Phuket Gazette / News WiresPHUKET: The death toll has reached eleven while a number of others remain missing after a group of foreign and national climbers were buried under an avalanche in Nepal, local authorities said.The avalanche occurred on…
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New hospital wing rises in Patong
PHUKET: Construction of a new 69-million-baht wing at Patong Hospital, that will double the facility’s inpatient capacity, is well underway and scheduled for completion by August next year.The new building, under construction by Pornthisan Co Ltd, will provide room for 60 more inpatient beds and another 13 private rooms, Hospital Director Phumin Silapunt explained to Phuket Vice Governor Sommai Prijasilpa…
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Phuket Immigration launches online queue for “one-year visas’
PHUKET: Phuket Immigration currently has no plans of launching an online queue system for re-entry permits similar to the one recently launched by Immigration Division 1 on Cheng Wattana Road in Bangkok, the busiest Immigration office in Thailand. However, Phuket Immigration has quietly launched a queue system for people applying for one-year permits-to-stay. “Even though we don’t have an online…
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Patong security guard arrested on Deep South terrorism charges
PHUKET: Phuket police have arrested a security guard in Patong wanted on an outstanding warrant for charges related to terrorist activities in Thailand’s restive Deep South. The man had a bounty on his head of more than one million baht for his capture, said police. Mahamasakree Mahama-useng, 29, was arrested at a rented house in the Soi Bang Thong area…
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Phuket Police identify body of woman found in roadside ditch
PHUKET: Police have identified the woman whose body was found alongside her motorbike in a roadside ditch opposite Ladthi Wanaram Temple (Wat Tai) on Chao Fa East Road this morning as that of 26-year-old Chanupan Sawangewit. Police suspect that Ms Chanupan lost control of her motorbike while riding back to Phuket Town after visiting her mother’s house in Soi Koktanod,…
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Phuket Business: New trade surplus milestone achieved
PHUKET: A new milestone was set for Phuket’s international trade last month with the the island’s annual surplus of exports over imports peaking at 11 billion baht – more than 700 million baht clear of last year’s full-year, record figure.According to Phuket Customs’ receipts for the 2012 fiscal year (October 2011 to September 2012), accounting through to the end of…
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Phuket Sports: Unity USA douses Rising Stars in basketball finals
PHUKET: American ballers on Saturday showed basketball lovers why they continue to dominate the sport, with USA’s Team Unity securing a gold medal in Phuket’s first international basketball tournament. Held between September 14-22, the TOA Thailand Open 2012 Phuket Championship featured six teams – two from Thailand and a team each from USA, Australia, Indonesia and Brunei – who played…
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Phuket Sports: Warlords conquer the Islanders
PHUKET: A poorly coordinated and lackluster Phuket FC defense conceded five consecutive goals in a devastating 5-1 away loss last night to Saraburi FC. Played in front of 1,328 fans at Saraburi’s OrBorJor Stadium in Saraburi province, about an hour’s drive northeast of Bangkok, the match was both side’s 28th of 34 scheduled fixtures. Though playing without their key Brazilian…
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Phuket ‘jellyfish attack’ report eludes hospitals, confounds experts
PHUKET: Local hospital staff and experts at the Phuket Marine Biological Center (PMBC) are confounded by the story of a British woman, reported in sensational fashion yesterday, as suffering extreme injuries in a jellyfish attack “somewhere near Phuket”. Although the story, published by the Daily Mail in the UK, showed that British mum Sam Webster, 37, clearly suffered serious injuries,…
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Phuket Burmese decry gold shop bandits
PHUKET: A crowd of onlookers at the re-enactment of the robbery of Yong Chuan gold shop in Rassada shouted disparaging remarks and denounced the prime suspect as he retraced his getaway from the Karn Keha Housing estate yesterday. “You have shamed our community” and “We’re glad you finally surrendered,” were shouted at the suspect, named by police only as “Koson”.…
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Woman cheats death with fake funeral
PHUKET: Friends and family of 80-year-old Kulap Chomduang gathered at Sop Tui Temple in the northern province of Lampang for her funeral in early August. Mrs Kulap had been suffering from a variety of health problems, including diabetes, high blood pressure and cancer of the uterus. But there was a catch: Mrs Kulap wasn’t dead. Since then, Mrs Kulap has…
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Weird World News: You never know what you’ll get, from a baby to false gold
PHUKET: Forrest Gump famously said, “My Mama always said, ‘Life was like a box of chocolates. You never know what you’re gonna get.'” In honor of Mrs Gump’s timeless wisdom, this week’s Phuket Gazette Weird World News roundup is popping out a baby, drilling for gold and counting its carats in diamonds all in the name of getting more, or…
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American aircraft carrier to arrive in Phuket
PHUKET: The American aircraft carrier USS John C Stennis (CVN-74), dispatched four months ahead of schedule back in August, will arrive in Phuket early next month along with two US warships and 3,500 sailors.The Washington-state-based aircraft carrier’s current mission is to ensure security and stability in the “vital Asia-Pacific region”, according to the ship’s Facebook page. The departure of the…
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