9Jun

The News Review:

- Tourism booms Thailand gets hotel act together
- Bangkok Post : Business news
- Daily Times – Leading News Resource of Pakistan
- When Indians in Bangkok went berserk over Bollywood stars
- Flip flop fantastic

Tourism booms Thailand gets hotel act together
Nation Multimedia – Jun 9, 2008
The sector is expected to add Bt800 billion to Thailand's coffers. With the sector growing construction of hotels and resorts has seen a boom. This has provided higher employment opportunities boosted infrastructure development and benefited associated industries such as banking finance and manufacturing. In Thailand small hotels and guest accommodations have seen higher growth.

Bangkok Post : Business news
Bangkok Post – Jun 9, 2008
Amid the current political turmoil most of the resort properties and high-end condominiums in Bangkok are still doing well depending on their location design and price point. Robert Collins managing director of the property agency Savills Thailand said that as tourism performance remained very positive this translated into a positive resort market. ”Thailand remains the holiday destination for the region particularly for Singapore and Hong Kong where the concentration of money is. Thailand’s resort destinations are a short-haul flight” he said. The booming tourism industry has led to greater demand for condominiums and villas because not everybody wants to spend their holiday in a hotel room especially families with children. ”We certainly see that resort locations in general are really unaffected by any political environment be it positive or negative” said Mr Collins. ”It has very limited effect… ”Thailand remains the holiday destination for the region particularly for Singapore and Hong Kong where the concentration of money is. Thailand’s resort destinations are a short-haul flight” he said. The booming tourism industry has led to greater demand for condominiums and villas because not everybody wants to spend their holiday in a hotel room especially families with children. ”We certainly see that resort locations in general are really unaffected by any political environment be it positive or negative” said Mr Collins. ”It has very limited effect. It’s more in terms of international buying. The state of the economic markets in Hong Kong and Singapore will have greater short-term impact.

Daily Times – Leading News Resource of Pakistan
Daily Times – Jun 9, 2008
82 percent fall a week earlier. BANGKK: Thai share prices are likely to rise next week amid growing speculation over another US interest rate cut in early December dealers said. “The market will trade in the positive territory supported by hopes of another rate cut” said Kanang Duangmanee an economist at Kasikorn Research Center. Investors cheered following US Federal Reserve chairman Ben Bernanke’s remarks Thursday hinting that the US central bank may cut its base federal funds interest rate on December 11. For the week to November 30 the Stock Exchange of Thailand composite index rose 22… Kanang said the Thai market could rise to the 860-point level next week. afp* ManilaPhilippine share prices will likely take their cue next week on what happens following the latest failed military mutiny against President Gloria Arroyo dealers said Friday. Military officers involved in past attempts to topple President Gloria Arroyo briefly occupied a luxury hotel in the Philippine financial district on Thursday demanding Arroyo’s resignation. For the week to November 30 the composite index rose 84.
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When Indians in Bangkok went berserk over Bollywood stars
Economic Times – Jun 9, 2008
Enthusiasticfans gathered outside the Dusit Thani Hotel one of the oldest five-star hotelshere to catch a glimpse of the cine stars during the three-day extravaganzathat ended late Sunday. From Amitabh Bachchan Abhishek AishwaryaRai Saif Ali Khan and Kareena Kapoor to Fardeen Khan Akshay Kumar GovindaZayed Khan Katrina Kaif and Vivek beroi – people went ga-ga over thesuperstars as well as budding actors. But the Bachchan family was themost popular of them all. Fans turned out in huge numbers to see the Bollywood’smost sought after couple Aishwarya and Abhishek – they had the longest line ofautograph seekers. “IIFA means a lot for us Indians living here… “IIFA means a lot for us Indians living here. Itis a perfect showcasing of India in terms of our stars and glamour” RaviMathur who works as general manager in a company here toldIANS. Thailand has a nearly 85000-strong Indian diaspora withfamilies of many having settled in the country three-four generationsago. Ashima a young woman was over the moon as her autograph book was full. Shesaid: “It’s like a dream come true for us. We usually see them (stars) in filmsand admire them. But the experience of meeting them in person is ecstatic.

Flip flop fantastic
Easier – Easier (press release) – Jun 9, 2008
Send your holiday postcard from Ikon Eastside. The gallery space in the city?s creative quarter will be home to Soi Project Island until they say bon voyage on 22 June. Japanese architect Jiro Endo and Thai artist Wit Pimkanchanapong Soi have created a three-dimensional island an imaginary land mass made from a composite of satellite images drawn from Google Earth. The passage of time on the island is simulated through the use of lighting that gradually shifts from night time darkness through brilliant daylight over a 24 minute cycle. Visitors and fans of TV programme ?Lost? are encouraged to influence the landscape and occupy areas of their choice by attaching templates of buildings swimming pools and beach umbrellas. After all your travels cool down with a Birmingham Sundae at Morelli?s Gelato the heavenly ice cream parlour in Selfridges Foodhall. With its superb repertoire of over 60 ice cream flavours 20 of which are freshly made on the premises every day customers will be able to sit back and watch their favourite sundaes milkshakes or alcoholic sorbetto cocktails being made by Morelli’s Gelato Masters… These are ideal for a quick brunch or light lunch and enjoyed with a glass of prosecco or wine shared with friends. A trip would not be complete without one of Morelli?s creamy cappuccino made with Morelli’s specially selected blend of coffee beans. Keep the nautical theme flowing with an overnight stay at nitenite hotel whose rooms are fashioned on a luxury yacht cabin. The chic but comfort-conscious interiors include a 42? plasma screen avant-garde design and a great city centre location next to the Mailbox. Throughout the whole of June July and August there?s a special room rate from £44. For further information:? Bullring – bullring.

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