Search Results for: coming war on china
- News
Future of money or a fraud? Deconstructing Bitcoin in the region.
By Asia News Network, NEW DELHI Bitcoin’s popularity in Asia has had a positive influence on other alternative cryptocurrencies such as ethereum and litecoin. Clearly there is a great demand for such digital money, even though its volatility hurts. Asia has reacted both warmly and violently to the rising interest and craze in cryptocurrencies. Asian regulators have either outrightly banned the…
- News
THURSDAY MORNING NEWS BRIEFING – All your local news in 3 minutes
Today is the start of the Seven Days of Danger, one of two periods during the year when Thais, expats and tourists die in preventable road crashes. In large numbers. It’s also the day when we’re told we’ll start to feel the effects of the weakening tropical depression Tembin which started off as a typhoon, killing 200 in The Philippines,…
- News
Tropical storm “Tembin” makes its way across the Gulf of Thailand
Fishermen have been warned of strong winds and high waves in the Gulf of Thailand as the result of typhoon “Tembin”, which has now passed through southern Vietnam yesterday and due to affect the southern coastal areas from Pranchuap Khiri Khan to Songkhla from tomorrow and Thursday. Payao Muengngam, director of the Southern Meteorological Centre for the east coast, is…
- News
Wednesday Morning Briefing – everything you need to know in 3 minutes
How many methamphetamine tablets!? PHOTO: The Nation The Kathu Police Station Superintendent is heading to Patong to be the acting Patong Police Station Superintendent. This follows the transfer of several officers over the ongoing bribe scandal including former Patong Superintendent, Pol. Col. Tassanai Oladirek. Pol. Col. M.L. Pattanachak Chakrabhan will move from Kathu Police Station to be acting Patong Police…
- Phuket News
Shorter peak season expected in Phuket
PHUKET: Phuket is bound to experience a shorter peak season this year due to a change in the market, and it is a matter of concern for hospitality firms when it comes to the low season, says Bill Barnett, managing director of C9 Hotelworks. “In previous peak seasons, rates or surcharges had benefited many hotels in Phuket, but this year…
- Business News
Finance: Profiting from periods of panic
THERE is a good lesson in handling panic that can be learned from recent events in Thailand. The SET index, which is a broad measure of the Thai stock market, went on a pretty wild ride in response to the news regarding the monarchy. If you are not aware of what happened, the chart (right) shows the massive sell-off, only…
- Opinion
Opinion: Why investing in Phuket makes good sense
PHUKET: Panupong Kritchanarat, originally from Bangkok, is currently the CEO of Boat Pattana, Phuket and has been working with its management for eight years. He also has several years of experience in real estate management. He holds a Masters of Business Administration from the Sasin Graduate Institute of Business Administration at Chulalongkorn University. Here, he talks about business options in…
- Business News
Biz leaders make French connection
PHUKET: Phuket’s tourism industry leaders are banking on boosting the number of foreign visitors to the province by about 20 per cent during the year-end high season by attracting more French tourists. Local hoteliers, tour operators and agencies are hopeful of a new influx of French nationals after a string of successful roadshows in Nice, Lyon and Paris, from September…
- Thai Life
Keep it green: Implications of climate change
PHUKET: The world’s two most powerful countries, the United States and China, have just formally agreed to ratify the Paris climate change agreement. This landmark commitment, sealed last December after two weeks of intense negotiations, needs to be ratified by 55 countries, representing 55 per cent of global emissions, in order for it to come into effect. According to a…
- Phuket News
Krabi tourism gets airlift from Asian influx
KRABI used to flip-flop between having a regimented high-season – catering to winter snowbird visitors from Scandinavia and Europe – and a low-season during which many hotels even scrapped breakfast buffets. However, the latest research by C9 Hotelworks reveals skyrocketing airlift is edging the market towards being a year-round destination. The C9 Hotelworks ‘Krabi Hotel Market Update 2016’ report reveals…
- Opinion
Opinion: Promoting sporting events in Phuket
PHUKET: Sirawee Waloh, originally a native of Pattani, was appointed as the new director of the Ministry of Tourism and Sports Phuket Office (MOTS) on July 25, 2016. She had previously been working as a human resource developer and nurse at Pattani Provincial Public Health Office for 18 years. She is a graduate of the College of Nursing, Songkhla. Here,…
- Business News
Finance: Alibaba proves naysayers wrong
PHUKET: It’s not been an easy market for many individual stocks over the last few years. Take the case of Chinese internet and e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) – a stock I have been watching closely since its debut, when a client wanted to buy some shares. Many western investors do not appreciate just how big of…
- Business News
Finance: Runts rally amid mixed earnings season
PHUKET: As of the beginning of May, earnings season was in full swing, with the markets sending mixed messages to investors. So far, some big names like Facebook Inc (NASDAQ: FB) and Amazon.com (NASDAQ: AM- ZN), with the latter sometimes being a difficult stock to own given its ups and downs, have put in good earnings reports and have pretty…
- World News
Thai police say 15 bomb suspects at large as two appear in court
PHUKET MEDIA WATCH – World news selected by Gazette editors for Phuket’s international community Thai police say 15 bomb suspects at large as two appear in court Phuket Gazette / Reuters BANGKOK: Thai police cannot find 15 suspects in connection with a bomb at a shrine in Bangkok last year that killed 20 people, an officer said on Wednesday, as…
- Business News
Peeking behind Phuket’s lace veil
PHUKET: With its idyllic beaches and beautiful beachfront resorts, Phuket is not only a hub of tourist activity, but with Asean integration now a factor, it is also well on its way to becoming a key global economic player. One industry that has seen sustained growth in the past decade is wedding planning and luxury events management. Here is a…
- World News
Ethnic rebels’ show of force highlights Suu Kyi’s peace challenge
PHUKET MEDIA WATCH – World news selected by Gazette editors for Phuket’s international community Ethnic rebels’ show of force highlights Suu Kyi’s peace challenge Phuket Gazette / Reuters PHUKET: Speaking to 1,000 of his soldiers at a mountain base on Myanmar’s border with Thailand, the leader of a powerful ethnic armed group called on other rebels to join government-led peace…
- Opinion
Opinion: Creating sustainability in tourism
Bhummikitti Ruktaengam, 43, is the vice president of the Phuket Tourist Association (PTA). Born and raised in Phuket, he graduated with a Masters in Business Administration (MBA) from the University of Missouri, Kansas City, USA. Here he talks about different tourist markets and how the PTA plans on making them more sustainable. PHUKET: In terms of tourism, the island is…
- Property
Property Watch: Changing face of luxury villa rentals
PHUKET: Islands by nature change and evolve over time. Since the late 1980s, Phuket has witnessed sustained upward growth in luxury private pool villas and even today there are no signs of the sector slowing down. One important byline has been a growing emphasis on holiday rentals, and this has in fact shifted through the last two decades. In recent…
- Property
Across the Land: Evolution of Phuket’s property scene
PHUKET: The property market in Phuket has seen an increasing amount of supply over the last five years with both Thai and foreign developers jumping on the bandwagon, building projects all over the island. The island continues to witness the growth in construction and some clients have commented that since the last time that they were in Phuket (which was…
- Phuket News
Tourism resilience: the mark of 2015
PHUKET: The year 2015 marked yet another solar orbit during which the Phuket tourism industry continued to change and grow – despite some unexpected developments that some feared would spell its death knell. Here guest columnist Somchai Huasaikul looks back on the year that was.POLITICS ASIDE The year 2015 was notable because it was the first full calendar year in…
- Business News
Finance: Symmetrical triangle of gold
PHUKET: Gold is such a different asset class that it can really be very confusing thinking about it. As I write, gold is forming a classic technical trading pattern known as a symmetrical triangle, which makes it an interesting time to talk about it. These consolidation patterns usually result in a big move one way or the other, but let…
- Phuket News
Phuket celebrates ‘Golden Week’ to promote Chinese tourism
PHUKET: Phuket International Airport launched the island’s ‘Golden Week’ campaign yesterday to celebrate the National Day of the People’s Republic of China. To get the seven-day party started off right, Phuket’s new governor, Chamroen Tipayapongtada (story here) and Airport Director Monrudee Gettuphan welcomed to the island 260 mainland Chinese visitors arriving on direct flights from Guiyang and Shenzhen. The lucky…
- Business News
Arrivals increase as room rates slide
PHUKET: While it’s encouraging that passenger arrivals at the island’s airport jumped by 11% during the first half (H1) of this year, compared to the same period last year, the flip side shows that hotels in all tiers tumbled with average room rates plunging from US$175 in H1 2014 to US$154, Bill Barnett, managing director of C9 Hotelworks said in…
- Thai Life
On your Mind: Phubbing phenomenon decoded
PHUKET: Ever had the unpleasant experience of seeing your dish of Pad Thai sitting at a pick-up window while your waiter spends time on his smartphone? How about lying barely clothed in a frosty room while your masseuse ‘preps’ for you by texting friends? Or maybe you’ve just gone to the local KFC with your buddies and are enthusiastically trying…
- World News
FACTBOX: U.S. Export-Import Bank moves closer to liquidation
PHUKET MEDIA WATCH – World news selected by Gazette editors for Phuket’s international community FACTBOX-U.S. Export-Import Bank moves closer to liquidation Phuket Gazette / Reuters PHUKET: Hopes for a quick revival of the shuttered Export-Import Bank were dashed on Tuesday as the U.S. Congress moved toward a short-term extension of highway funding without a provision to renew the trade bank’s…
- Thai Life
On Deck: When only Thai quality will do
PHUKET: Back in the pre-iPhone days when you went shopping for clothes and the label said ‘Made in China’, you would have sighed and thought, ‘What is the world coming to?’ Fast forward to the era of the iPhone, iPod, iPad not to mention self-driving Google cars, and nobody blinks an eye at the ‘Made in China’ tag anymore. Hey,…
- World News
GLOBAL MARKETS: Asian shares catch gloomy mood from Wall Street
PHUKET MEDIA WATCH – World news selected by Gazette editors for Phuket’s international community GLOBAL MARKETS: Asian shares catch gloomy mood from Wall Street Phuket Gazette / Reuters Phuket: Asian shares edged down in early trading today, on track for a weekly loss, while U.S. jobs data underpinned the dollar as it bolstered bets that the U.S. Federal Reserve is…
- Pattaya News
Property: Building a better market
PHUKET: Although not visible across the island’s multi-fold property market, the dominance of re-sales over new developments is obvious in the luxurious, but not lavish segment, chairman of CB Richard Ellis Thailand David Simister said. Sitting just below the multi-million-dollar villa tier is this interesting segment, which has a number of quality properties in the range of 12 to 30…
- Thai Life
Looking Back: Friar fights way to Siam
PHUKET: Throughout his life, King Naresuan fought many wars with the Burmese in order to liberate Siam from their control. Toward the end of his reign, in the year 1600, Siam had recovered its independence and peace was restored. During this time, the king worked to restore foreign trade for the Kingdom. Due to ongoing wars between Burma and Cambodia,…
- Thai Life
Rainmakers berth
PHUKET: The wet weather in Singapore shouldn’t have damped the spirits of Phuket’s leading brokers and charter companies who joined the Singapore Yacht Show (SYS) last week. Many leading marine-industry operators in Phuket attended the show in hopes of tapping into the lucrative Chinese and Southeast Asian markets. “The presence and enthusiasm of serious buyers and HNWIs [high net worth…
