The News Review:

- Senior Appointments Announced At Shangri-La ‘s Villingili Resort and…
- ff the Menu
- How to deal with the weak dollar?
- Indonesia hosting international workshop on remittance
- BUSINESS IN BRIEF 11/7

Senior Appointments Announced At Shangri-La ‘s Villingili Resort and…
etravelblackboard.com – Nov 7, 2007
Mr Moesker brings with him 19 years experience in the hospitality industry. He joined Shangri-La in 2000 as director of food and beverage at The Kerry Centre Hotel Beijing. In late 2002 Mr Moesker became the resident manager of Shangri-La Hotel Changchun in China before his promotion to general manager in 2004 a position he held until his latest appointment in the Maldives. He has held key positions at the Hilton Jerusalem in Israel InterContinental hotels in London and Germany the Hotel Bristol-Forte in Warsaw and the Jebel Ali Hotel in Dubai. In his new capacity Mr Moesker will play a pivotal role in leading the team that will bring the hallmark Shangri-La Asian hospitality to the Maldives for the first time. Gerhard Fink has been appointed director of sales and marketing. Mr Fink has 18 years hospitality experience and he previously opened The Westin Guangzhou W Retreat and Spa Maldives and the Sheraton Sanya Resort in China… Hong Kong-based Shangri-La Hotels and Resorts currently manages 53 hotels under Shangri-La and Traders brands with a rooms inventory of over 24000. Shangri-La hotels are five-star deluxe properties featuring extensive luxury facilities and services. Shangri-La hotels are located in Australia mainland China Fiji Hong Kong India Indonesia Malaysia Philippines Singapore Sultanate of man Taiwan Thailand and the United Arab Emirates. The group has over 45 projects under development in Austria Canada mainland China France India Japan Macau Maldives Philippines Qatar Seychelles Thailand United Arab Emirates United Kingdom and the United States.

ff the Menu
New York Times – Nov 7, 2007
pen Now BISTR DESARET They like bistros; the owners of Bistro Le Steak on the Upper East Side now have this: 227 East 56th Street (212) 207-8777. CASAVILLE This French-Moroccan restaurant is owned by its chef Lahcen Ksiyer: 633 Second Avenue (34th Street) (212) 685-8558. CSMPLITAN CAFE Craig Bero has opened this spot in the Cosmopolitan Hotel: 85 West Broadway (Chambers Street) (212) 766-3787. EAT-PISDE THAILAND A winner in the strange restaurant name sweepstakes this Thai place on the Lower East Side has inventive plates like tamarind-fried snapper: 123 Ludlow Street (Rivington Street) (212) 677-7624. JDIE’S FRIENDS This sleek little restaurant serves Korean food including eight kinds of hot and cold bibimbap: 22 West Eighth Street (Fifth Avenue) (212) 260-5646. RUTHIE MAE’S AUTHENTIC BAR-B-QUED SUL KITCHEN This combination of barbecue and soul is the latest from Carl Redding formerly of Amy Ruth’s in Harlem: 90 West Palisade Avenue Englewood N.

How to deal with the weak dollar?
USA Today – Nov 7, 2007
But says TravelSmart “Albania Croatia Hungary Latvia Poland Romania and Slovakia have not gone over the top and they are endlessly fascinating. ” ther spots to consider around the globe as alternatives to pricey Western Europe include Argentina Chile Ecuador Peru Indonesia India Laos Thailand the Bahamas Quebec City Belize Costa Rica Guatemala and Nicaragua. If you do opt for Europe you can lock in much of your budget by booking a tour that guarantees prices in dollars and includes airfare hotels sightseeing breakfast and other meals. r cover your lodging meals and transportation in advance by seeing Europe via a river cruise. Also says TravelSmart “think winter instead of summer” and “think inland instead of coastal. “Prices in summer are always sky high regardless of the dollar” according to the newsletter… But places like Venice and Florence can be wonderful offseason destinations. And resorts and spas are cheaper when they don’t offer river views or seaside locations with inland prices 25% lowerTravelSmart says. You can also save money on hotels and restaurants by basing yourself in a smaller city rather than a capital or by staying in a suburban area and taking the train or bus in each day to see major attractions. For example TravelSmart recommends Sitges a Spanish resort town near Barcelona; Brighton as an alternative base to London and Bologna as less expensive than Rome. If you must stay in big cities two options for finding lodging include Uptown Reservations —.

Indonesia hosting international workshop on remittance
Antara – Nov 7, 2007
The Finance Ministry in a press statement said on Wednesday that the workshop was part of the activities organized to realize the Bali Initiative reached by ASEM`s finance ministers in their fifth meeting in Bali in July 5-6 2003. ASEM (the Asia-Europe Meeting) is an informal dialog process initiated in 1996. Indonesia in cooperation with Japan has organized the same workshop twice namely Workshop on Deposit Insurance System and Valuation in January 2004 and Workshop on Deposit Insurance System in July 2004… About 60 delegates from various member countries of ASEM will attend the workshop here on Wednesday and Thursday. Besides Indonesia countries that have confirmed to take part in the workshop are Brunei Darussalam Cambodia Czech Republic China Germany Laos Malaysia Thailand and Vietnam. Speakers will among others come from the World Bank the Asian Development Bank the European Commission Japan and Thailand. Topics to be discussed included the remittance policy in European Union remittance migration and effects to host country`s economy Malaysia-Indonesia remittance corridor building attractive channel for remittance and cost problem of formal and informal remittance channel. (*)CPYRIGHT © 2007.

BUSINESS IN BRIEF 11/7
VietNamNet Bridge – Nov 7, 2007
Companies already outsourcing IT services to Vietnam include Honda Motor and Intel the world leading chip producer that just invested 1 billion USD in a chip factory in southern Vietnam. Foreign investors interested in building luxury hotels Several foreign companies are showing their keen interest in building luxury hotels in Vietnam particularly in Ho Chi Minh City. A Slovakian company revealed its plan to invest 500 million USD into construction of two luxury hotels including one in HCM City on the heels of a suggestion of 21 sites for hotel building in HCM City presented by the City’s Department of Tourism. Construction sites at the centre of the city’s district one have proved the most attractive to foreign investors. The city welcomed 182 FDI projects worth a total of 576 million USD in the first six months including 21 projects in the construction sector with a combined investment capital of 20. Auction on Gov?t bonds makes pitchThe second auction of Government bonds wrapped up at the Ha Noi Securities Transaction Centre on July 9 with agreed annual interests hitting the ceiling of 7… 5 million tones of latex by 2020. Suarni Bin Sumormo from the Malaysian Rubber Board said his country now is standing third in the world in rubber latex output after Thailand and Indonesia. Last year Malaysia produced around 1. 26 million tonnes of latex from 1. Capital city plans to build 12 more trade centres.

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