Search Results for: GDP
- World News
Phuket Gazette World News: India looks to head off junk status
PHUKET MEDIA WATCH – World news selected by Gazette editors for Phuket’s international community India budget increases spending, taxes the rich Reuters / Phuket Gazette PHUKET: India unveiled higher-than-expected spending for fiscal 2013/14 today, aiming to fund it with higher revenues – including new taxes on the rich and large companies – in a budget aimed at reviving growth amid…
- Property
Phuket Property: Singaporeans looking abroad
PHUKET: THE number of Singaporeans buying overseas property is likely to increase because of significant property cooling measures introduced by the government of Singapore, according to PropertyGuru, a leading Asian property website.The measures, which came into effect on January 12, include an immediate increase in stamp duties payable across the board between three and eight per cent. The government said…
- Business News
Phuket Finance: Investing in “frontier markets’
PHUKET: I have recently come across an investment concept that’s caught my interest, and for those of you with a speculative bit of capital to allocate – you might find it interesting also. Fund Management Group has recently launched an equity-based fund, spread across what they call new frontier countries. According to them, frontier markets represent 40% of the world’s…
- Property
Phuket Property Watch: Finding the center of gravity
PHUKET: When I was in school, science classes usually just elicited a big yawn and most likely you’d find me ditching the enforced boredom for a smoke out back of the gym. Be it biology, physics or even branching out to those other affiliated headaches like algebra, calculus. My short breaks became afternoon off’s. Ferris Bueller only dabbled in this…
- Thailand News
Phuket Gazette: Gender inequality; Public debt; 4 Forbes’ heroes
PHUKET MEDIA WATCH – Thailand news compiled by Gazette editors for Phuket’s international community Gender inequality still a problem among police cadets, say female students Phuket Gazette / The Nation PHUKET: The Royal Police Cadet School is proud of a recent workshop it conducted on ending violence against women in the community. However, in practice, its female students still experience…
- World News
Phuket Gazette: Discouraging words in UN Forced labor report and US/EU employment trends
PHUKET MEDIA WATCH– World news compiled by Gazette editors for Phuket”s international community UN: More than 20 million forced laborers worldwide Phuket Gazette / News WiresPHUKET: More than 20 million people around the world are currently victims of forced labor, the United Nations (UN) said on Saturday, but progress has been made in a number of countries to establish or…
- Phuket News
Phuket scam artists boost another 14 cars
PHUKET: Following the recovery of 17 stolen cars from a “car pawn yard” in Nakhon Sri Thammarat earlier this week, a host of Phuket car rental agents gathered late last night to highlight the extent of scam operation. Collectively, the group claim that at least 14 more cars have been stolen by the alleged scam artists, identified as Sukanya Janthanarak…
- World News
Phuket Gazette: ASEAN business news
PHUKET MEDIA WATCH – World news compiled by Gazette editors for Phuket’s international community U.S. exports to China reach historic US$203.9 billion in 2011 Phuket Gazette / News Wires PHUKET: The U.S.-China Business Council (USCBC) yesterday released its annual report on U.S. State Exports to China for 2011, showing that it surpassed US200 billion for the first time in history.…
- Phuket News
Myanmar rushes headlong into brave new world
SPECIAL REPORTPHUKET: The Japanese salary-man’s blue suit brushed past the backpacker’s Bob Marley t-shirt as they passed in the guest house hallway.“No rooms. Fully booked,” said the desk clerk.The Japanese man was on his way to shore up a lease on a garment factory and the Irish backpacker was here in Myanmar to see the wonders of Inle Lake and…
- Business News
Phuket business: Indonesia – Asia’s new rising star
PHUKET: For many of us expats in Phuket, our Asian paradise has sheltered many of us from the financial woes being experienced back home by family and friends. Asian markets, though not totally immune to European debt levels and the impending push for White House power, have been fairly resilient over the last few years and have provided steady economic…
- Business News
Phuket business: Skyscrapers and economic woe
PHUKET: There’s an economic-cycle theory based on the link between the building of skyscrapers and economic strife. Guess what it’s called? Correct: the Skyscraper Index. While many trends and theories these days are based on cycles, this economical theory is based on the completion of skyscrapers. So what is this theory and does it have any credibility? Let’s first unravel…
- World News
Phuket Gazette: Oracle buys Taleo; PepsiCo cuts 8,700 jobs; Air traffic double; Dreamliner fuels Thai growth
PHUKET MEDIA WATCH – World news compiled by Gazette editors for Phuket’s international community Oracle to buy Taleo for US$2.9 billion PHUKET (news Wires): Multinational tech company Oracle yesterday announced that it has agreed to acquire Taleo Corporation for approximately US$2.9bn. The Board of Directors of Taleo, a leading provider of cloud-based talent management, unanimously approved the transaction which is…
- Business News
Phuket Business Briefs: new AirAsia route; Sri Lankan E-visa; Dollar rise; Wallace leaves
Trang welcomes new AirAsia routeThai AirAsia has announced regular flights between Bangkok and Trang commencing in the middle of January. Currently Nok Air and Orient Thai service the destination. Tourism in the southern area of Trang continues to struggle with low demand. Sri Lanka starts E-visa requirementDespite a drive to increase tourism numbers into post-war Sri Lanka, the country is…
- Phuket News
TAT targets yachties in new Phuket strategy
PHUKET: Phuket’s world-class marinas and vibrant yachting community are key to the Tourism Authority of Thailand’s new strategy to attract high-end tourists to the island. TAT Governor Suraphon Svetasreni believes the infrastructure already in place in Phuket means the island has the potential to become a world-class center for marine tourism. Phuket already has a number of marinas suitable for…
- Phuket News
Dusit Deal for Phuket; Thaksin trimmed; Phuket Fantasy flourishes; Shares soar
Phuket NEWS Hound – A daily digest of news about Thailand from around the world, compiled by Gazette editors for Phuket’s international community. Dusit Deal a plus for Phuket As reported in Phuket NEWS Hound yesterday, Dusit International has acquired the Dusit Thani Laguna Phuket for 2.6 billion baht. The seller was Laguna Resorts & Hotels, a local Phuket unit…
- Phuket News
Phuket Events: Yacht racing dominates
Phuket NEWS Hound – A daily digest of news from around the world compiled by Gazette editors for Phuket’s international community. World Cup? Get instantaneous scores and news updates right here on the Gazette Online (fed directly from FIFA). PHUKET: The third SEA Property International Phuket Multihull Championship will take place July 16-18 in the Chalong Bay area. This increasingly…
- Phuket News
RoyFest returns to Phuket
Phuket NEWS Hound – A daily digest of news from around the world compiled by Gazette editors for Phuket’s international community PHUKET: According to public relations website PR Urgent, anyone in the Karon Beach area of Phuket will be able to hear music from a host of Thai and international DJs, as well as various other artists, at RoyFest 2010.…
- Phuket News
Beware “The Next Phuket”
Phuket NEWS Hound – A daily digest of news from around the world compiled by Gazette editors for Phuket’s international community PHUKET: A lead story on major travel site CNN Go this morning says that Phuket is set to receive some stiff competition as a number of other destinations are being touted by developers and local governments as the “next-generation”…
- Phuket News
Phuket a super-star for hotel performance
Phuket NEWS Hound – A daily digest of news from around the world compiled by Gazette editors for Phuket’s international community PHUKET: According to data compiled by STR Global Hotels and reported by Hotel News Now, the Asia/Pacific region, and most notably Phuket, experienced increases in all three key performance metrics for March 2010. “The Asia/Pacific region is still leading…
- Phuket News
Phuket safe, but warnings on ‘Thailand’ vary widely
Phuket NEWS Hound – A daily digest of news from around the world compiled by Gazette editors for Phuket’s international community PHUKET: Germany advised travelers yesterday to avoid going near large crowds when visiting Thailand. The update to the travel advisory, reported by Earth Times, notes that the Foreign Ministry website says Germans should “stay well away from demonstrations” and…
- Phuket News
First road death recorded in “Safe Songkran’
PATONG: Within minutes of government officials urging people to ride safely, Sarawuth Kohavee became the first road fatality in Songkran week in Phuket. About noon his motorbike, bound for Phuket City, slammed into the rear of a six-wheel truck as it turned into a soi in Chalong, near the entrance of Phuket Vanich Company. K. Sarawuth was not wearing a…
- Phuket News
Thailand teeters toward recession
BANGKOK (AFP): Thailand could slide into technical recession if second-quarter growth results due next month fall into negative territory, dashing hopes for a recovery from the 1997 financial crisis, analysts say. Over the three months to March, Thailand’s gross domestic product (GDP) shrank by 0.2 percent when compared to the previous quarter, although on a year-on-year basis it recorded a…
- Phuket News
Economy may be headed for another recession
BANGKOK (AFP): Thailand risks heading into another recession unless monetary policy is eased in the face of a slowing economy, ING Barings said in a report released yesterday. The merchant bank downgraded its growth forecast for 2000 to 4.0 percent from 4.8 percent, a day after official data clipped expected GDP expansion to 4.5 percent from an earlier goal of…
