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The Hua Hin
boom
28 February
2008
Hua Hin appears to
be in boom time. There are far too many property billboards all over the
town. They do spoil the look of the place. But they do show just how many
developments are now under construction.
Is it a bubble or
a sign of long term growth? The town is growing inland and up and down the
coast. To Cha Am in he North and Pranburi in the south. The new Black
MOuntain golf course is open and a new Banyan course under development. The
highway from Bangkok is being widened.
By guess is that
Hua Hin will continue to prosper; as a destination for Thai weekenders and
European retirees.
The following is a
UK based commentary on the Hua Hin property market:
From
http://www.escape2fareast.co.uk/area_info/Hua_Hin.aspx
It may not be the
first resort destination that springs to mind when thinking of a trip to the
Kingdom of Thailand, but Hua Hin is the oldest resort in the land, and comes
blessed with royal endorsement! Located 170 kilometres south of Bangkok on
the west coast of Thailand, Hua Hin has long been to the Thai royal family
what Balmoral is to the British monarchy.
A very attractive, grand, coastal fishing port, Hua Hin has been a resort
for over 70 years, proving as popular with Thais as with visitors from
overseas. A peaceful fishing village until the early 1920s, Hua Hin was
effectively set up as a resort by the then King Rama VII who saw it as the
perfect holiday location for his family away from bustling Bangkok. He had a
palace built in 1928, named Klai Kangwon – ‘Far From Worries’ - to reflect
the fact that it was precious sanctuary indeed from the pressures of ruling
a nation! As a consequence, the nobility and well-to-do of Bangkok followed
suit, having their own residences built in the town, firmly establishing Hua
Hin as an exclusive resort from thereon in.
Hua Hin’s air of exclusivity has softened greatly in recent decades, opening
to all eager to sample its considerable charms. Most are drawn to the
magnificent, 5-mile-long town beach, which is considered amongst the most
picturesque in the whole of South East Asia. In fact, the town takes its
name – translating a little morbidly as ‘headstone’ - from the rock
formations found on the beach. There are also four other fine beaches
accessible from the town, and none of them ever get particularly busy as
there is so much space available!
There is plenty to see and do in and around Hua Hin, starting with visits to
Klai Kangwon and the many beautiful temples in the town. The stunning Wat
Hua Hin is essential, and you may wish to feed the catfish in the lovely
ponds at Wat Bor Fai, situated just 5 km north of the town. If close
encounters with wildlife get your pulse racing, then a visit to ‘Chopstick
Hill’ – 7 km south of the town – is absolutely essential. With a lovely
temple at the top of the hill, the area is home to troops of long-tailed
macaque monkeys that lend the hill’s other nickname of ‘Monkey Mountain’!
They love nothing more than to be fed bananas and nuts, but keep your
personal belongings close by, as they are also rather fond of scampering off
into the jungle with them if they get half a chance!
For the outdoor type, there is a huge range of sporting activities available
in Hua Hin. The area has amongst the finest golf courses in Thailand, many
watersports options, go-karting (so thoroughly enjoyed throughout Thailand)
and much more. As is also the case the length and breadth of the land, the
local scenery is extraordinary, presenting plentiful opportunities to swim
in waterfalls, explore caves and go jungle trekking with elephants. After a
day of action or simply relaxing on the beach, why not dine at one of the
many excellent restaurants (the seafood being amazing), or take in the
atmosphere of the colourful night markets? If Hua Hin sounds too good to be
true for a resort destination, then have faith that it is everything and
more that has held Thai kings and princesses, and all who have followed them
here, for over 70 years.
Whether you are considering purchasing property in Hua Hin as a holiday
home, retirement home or solely for investment purposes, it can only
represent a solid investment. With increasing numbers becoming aware of Hua
Hin as a superb alternative to more ‘established’ Thai resort destinations,
and the golfing community’s promotion of the superb links in the area, this
lovely town is moving quickly into the spotlight. Consequently, property for
sale in Hua Hin is in increasing demand.
Emirates to
where?
26 February
2008
Emirates has
announced a third route to the Indian state of Kerala, a week after
UAE-based Air Arabia said it would launch a similar service.
The Dubai-based airline will begin a six-weekly service to the south Indian
city of Kozhikode (Calicut) starting on 1st July 2008, in what will be the
second of eight new route announcements this year.
Kozhikode will become Emirates’ 10th destination in India, following the
introduction of services to Kochi in 2002 and Thiruvananthapuram in 2006.
The target market is the large non-resident Indian community in the Gulf so
that they may visit their families and friends."
On the Dubai-Kozhikode route, Emirates will initially operate its Boeing
777-200 and Airbus A330-200 aircraft, offering over 4,000 Business and
Economy class seats and close to 200 tonnes of cargo capacity per week in
both directions.
Kozhikode, formerly called Calicut, is in the north Kerala province of
Malabar.It is a trading and vacation city.
Just 15 minutes from the city centre is a place called Dolphin's Point,
where visitors can see dolphins playing in the sea of an early morning.
The long tree-lined beach, about 2 km away, is popular with the local
people because of the Lions Club Park, the lighthouse, and two piers - and
of course, the opportunity to soak in the evening breeze
Back to the
future in Thailand
23 February
2008
The following
quite depressing analysis of Thai politics comes from Chang Noi, a
commentary in the Nation newspaper. He is sadly just writing what
most people know yo be true. The smacking sound is Thailand's officialdom
getting ready to feed again at the trough. The saddest statement is how
little the coup achieved:
"The unmistakable
sound heard over the last two weeks has been the simultaneous smack of many
lips newly moistened by a saliva of expectancy after a long spell of
drought.
There have been three general elections within three years. Elections
Thai-style are expensive for candidates, for parties, and for patrons. There
has been little time for recovery. On top, political chaos has disrupted
budget spending. Under Thaksin rather few Cabinet posts went to MPs. Most
were taken by outsiders. The Samak government is expected to be a welcome
return to business as usual. Cabinet portfolios were shared among party
financiers and the nominees of key faction heads in the time-honoured
fashion.
Many newly anointed ministers were so overcome with excitement that they
blurted out plans which have “gimme” written all them, even before they had
got through the ministry door. Reverse compulsory licensing. Declare the
eucalyptus tree an environmental marvel and plant thousands of hectares.
Haul back the Bangkok mass-transit plans so that the specs can be changed
and the whole bidding process restarted from scratch. Re-activate computer
purchase schemes which are already mired in corruption charges. And refloat
the irrigation fantasy which will require mega-volumes of earth moving,
mega-kilometres of piping, and mega-tons of concrete without any popular
demand or any calculable benefit.
If the landscape seems familiar that is because we have been here before,
around a dozen years ago. No fewer than twelve of the current ministers or
their nominators were members of the famous Cabinet of Banharn Silpa-archa.
There is a photo of the heads of that coalition on the steps of Government
House just after their alliance was formed. Samak, Thaksin, Banharn, Snoh,
Sudarat, and Chalerm are all there. Banharn is trying to get them to link
hands in the tableau popular at international conferences. But it isn’t
really working. They look as if they don’t want to touch one another.
This similarity to the Banharn Cabinet signals a structural reversal too.
This is a return to a government of small capital. Thaksin brought together
a cabal of some of the biggest and most modernized corporate interests in
Thailand. Several were directly represented in the Cabinet. Others were
clustered close outside. Lesser businessfolk were excluded. The career path
from local boss through MP to minister was suddenly disrupted. Over the last
five years, several political families deserted national politics for the
new and more accessible opportunities in local government. But now we are
back to the old days. The tycoons are nowhere to be seen. The Cabinet is
again the property of contractors, construction magnates, property dealers,
and hauliers.
This means old-style feeding habits will return too. In the Thaksin era, the
big corporations were less interested in crude old ways of looting the
government budget. They collected their reward through increases in their
profits or share prices brought about by government actions. This was sleek
and even legal, most of the time. But we will be back now to the politics of
loot, of padded estimates and percentage deductions.
There are two other reasons why the smacking of lips last week was
especially enthusiastic and expectant. Both of these are gifts from the coup
government, for which the new ministers should be truly grateful.
First, there is a lot of money around and a pressing need to spend it
quickly. The coup ministers dedicated themselves to doing as little as
possible. In truth, public investment has been low ever since the financial
crisis over a decade ago. There is clear rationale for spending on public
infrastructure and public goods of many kinds. The mega-projects have been
dangling for three years, stymied by political conflict. There is money in
the coffers and clear directions for spending it
Second, the total failure of the coup regime to nail anyone for corruption
is an invitation to plunder with impunity. Recall that the coup regime made
corruption one of its four key tasks. Look at the pitiful result.
The inability to catch big businesses for profiting through conflict of
interest is perhaps not so surprising. But the total failure to prosecute
anyone for the massive mining of Suvarnabhumi Airport is gob-smacking. The
case over the CTX scanners has dissolved into thin air, even though it was
reported months ago that the US Department of Justice had provided the names
of those involved. Khunying Jaruvarn estimated that contracts were padded by
40 percent on average, but not one case has been launched. It is well
established that King Power occupied far more retail space than its contract
allowed, blocked safety exists, built a whole building without permission
and without rental, and prejudiced airport security. Yet all attempts to
bring the company to justice have been sandbagged. If these massive bits of
plundering are safe from the law, then more modest piracy should be fine.
So it was not surprising that the first week of this government was
dominated by a great smacking sound. And it was not surprising that the
other sound of the week was a lot of snarling aimed at the media.
The old hands in this government will easily recall the problems which free
media can cause. The press played a key role in exposing the multiple
corruption which brought the Banharn government down after only sixteen
months. The short period in the late 1990s when ITV was truly independent
brought evidence of corruption to the attention of a wider swathe of the
public than ever before. Thaksin’s government was doomed after it lost
control of the media in mid 1995.
We can expect a return to the methods of controlling media used by the
Banharn, Chavalit, and Thaksin governments: oversight, manipulation of
advertising, and intimidation. Most of all, intimidation. Probably this time
it will be faster and nastier. Chirmsak Pinthong was thrown off the airwaves
by both Banharn and Thaksin, but this is the first time he lasted no more
than a week."
Edison's
unlikely repent
23 February
2008
Vancouver-born
actor Edison Chen took a deep breath yesterday on Thursday and admitted to a
packed Hong Kong news conference that he took explicit photographs that have
been circulating online for weeks, featuring him with an assortment of
actresses and pop stars in compromising positions.
"I would like now to apologize to all the people for all the suffering that
has been caused and the problems that have arisen from this," Mr. Chen said
in his first appearance since the scandal broke. "I would like to apologize
to all the ladies and to all their families for any harm or hurt that they
have been feeling."
It is all such
hypocritical nonsense.
In reality the Hong Kong public learned, no surprise here, that bored young
movie stars who have a libido and know how to operate a camera sometimes
combine the two for their personal amusement.
Forget the self
righteous condemnation; that many Hong Kong men are quietly in awe of Edison
Chen's string of starlet conquests. This silly tale of on camera sexual ego
and unsecured computers should never have become an international news story
or a matter for prosecution over the distribution of "obscene" materials.
The truth is that Mr. Chen enjoyed photographing himself and his female
companions, and would have continued to do so had his hard disk not been
stolen and ransacked. His pleas for people to learn from his experience and
his apology for not being a role model are implausible.
Thomson gets
approval for Reuters acquisition
20 February
2008
Thomson
Corporation said Tuesday it expected to close its 17-billion-dollar takeover
of British media group Reuters in April after regulatory approval in the US,
Canada and European Union.
The US Justice Department said it would require Thomson to sell financial
data and related assets in three markets for financial data in order to
proceed with the Canadian company's proposed 17-billion-dollar acquisition
of Reuters Group PLC.
The conditional approval, taking into account antitrust concerns, paves the
way for the creation of the world's biggest financial information group.
The Canadian company, whose operational headquarters is in the US state of
Connecticut, said the Canadian Competition Bureau had also approved the
deal.
The US condition for the sale to proceed was similar to that announced
Tuesday by the European Commission.
According to the Justice Department, to preserve competition, Thomson must
sell within 60 days copies of three financial datasets and must license
related intellectual property to a firm or firms that will use the data in
order to offer products and services in competition with the combined firm.
Thomson and Reuters said separately they expect the transaction to close in
the week of April 13. Shareholder meetings for both companies have been
scheduled for March 26.
The department filed a proposed settlement in federal court to protect the
government's antitrust concerns.
Thomson agreed last year to buy Reuters for 8.7 billion pounds (11.5 billion
euros, 17 billion dollars).
The deal would create the biggest provider of financial data to trading
rooms, leapfrogging current market leader and US rival Bloomberg.
Along with the privately held US group Bloomberg, Thomson and Reuters
currently dominate the market for providing financial data to banks,
investment funds and other financial services firms.
In a joint statement, Thomson and Reuters said they would retain full
ownership of the relevant databases and these undertakings do not affect
Thomson's and Reuters' ongoing business or capabilities in these areas.
They said they were not required to complete the sales prior to the closing
of the acquisition, and that all regulatory approvals needed to close the
transaction had now been obtained
The following is a
chronology of key moments in the history of a once great media name:
1851 - German-born Paul Julius Reuter opened an office in the City of London
which transmitted stock market quotations between London and Paris via the
new Calais-Dover cable. Reuter had previously used pigeons to fly stock
prices between Aachen and Brussels, a service that operated for a year until
a gap in the telegraph link was closed.
1870s - As overland telegraph and undersea cable facilities developed,
Reuters expanded beyond Europe to the Far East in 1872 and South America in
1874.
1925 - The Press Association took a majority holding in Reuters.
1927 - Reuters introduced the teleprinter to distribute news to London
newspapers.
1939 - Reuters moved its corporate HQ to 85 Fleet Street.
During both World Wars, Reuters came under pressure from the British
government to serve British interests.
In 1941 Reuters deflected this pressure by restructuring itself as a private
company. The new owners, the British national and provincial press, formed
the Reuters Trust, with independent trustees.
The Trust preserves Reuters independence and neutrality. The principles of
the Trust were maintained, and the power to enforce them was strengthened
when Reuters became a public company in 1984. (See Reuters Independence and
Trust Principles here).
1973 - Reuter Monitor launched, creating an electronic marketplace for
foreign exchange. The service expanded to carry news and prices covering
securities, commodities and money and led to the 1981 launch of the Reuter
Monitor Dealing Service.
1984 - Reuters floated as a public company in London.
1995 - Reuters established its 'Greenhouse Fund' to take minority
investments in a range of start-up technology companies, initially in the
United States.
2000 - Reuters announced plans to accelerate its use of Internet
technologies. Its shares set a record intraday high of 1,715 pence on March
7, days before the peak of the tech bubble.
2001, July: - U.S.-trained M&A lawyer Tom Glocer, became CEO, breaking long
tradition of journalists running the company.
2003 - Reuters unveiled Fast Forward, a three-year program to make it more
competitive. Its shares end a three-year decline when touching a low of
95.25 pence on March 12, having lost nearly 95 percent of their value. Staff
are allowed to buy three-year options on up to 4,200 shares at 90 pence
apiece.
2005 - Reuters consolidates most of its London-based operations into one
building in the Canary Wharf financial district, east of London.
2007, May 4: - Reuters says it has received an approach.
2007, May 7: - Thomson confirms it has approached Reuters.
2007, May 15: - Thomson and Reuters say they have agreed a deal, valuing
Reuters at $17.2 billion.
2007, July 5: - Thomson completes sale of its education assets for $7.75
billion to private equity partners Apax Partners and OMERS Capital Partners.
2008, Feb 7: Thomson said 2007 revenue rose 11 percent to $7.3 billion with
operating profit up 4 percent to $1.3 billion.
Is Hillary down
and out ?
20 February
2008
She has gone.
Wisconsin probably sealed the Democratic nomination of Barack Obama. The
nomination is now his barring a disaster.
Hillary has lost
ten states in a row including Wisconsin on Tuesday. Hillary Rodham Clinton
cannot win the nomination unless Obama makes a major mistake or her allies
reveal something damaging about the Illinois senator's background.
The Clinton camp
will play rough for the next two weeks. They have to. The danger for Obama
is anything that undercuts his image as a candidate who rises above
politics.
Obama is undeniably raw but he looks set to take the Democratic nomination.
He is too well polished and advised to make a mistake that hurts in the
Texas debates.He has won the most states, earned the most pledged delegates
and has all the momentum.
Clinton needs to
win Ohio and Texas on March 4 and in Pennsylvania on April 22 to make her
come back. Only one of them can win, and it doesn't look good for her.
Ignore the Clinton
advisers who argue that Wisconsin was just a bump on the road en route to
the tell-all March 4 primaries.
Obama is now
winning the support of the Clinton base; in Wisconsin Obama led among whites
(widely among white men), moderates and those earning less than $50,000, all
bastions of Clinton's past strength. Obama and Clinton split the vote among
women, erasing her one-time advantage.
Demographically, Wisconsin was a warm-up for Ohio: nearly 90 percent of
Tuesday's voters were white; about 40 percent earn less than $50,000
annually; nearly 60 percent have no college degree; and half are over 50
years old; all demographics that have tended to favor Clinton.
It looks
increasingly likely that Rodham Clinton thought it would all be over by
Super Tuesday. But it was not. Her camp had no post super Tuesday strategy
and worse still no funds. The Clintons have lent US$5 million to her
campaign.
Sports Day
19 February
2008
The mind is
willing; the body is beginning to show signs of wear and tear. I thought
that I had hung up my football boots in Hong Kong back in 2002 after another
torn hamstring and a pitched brawl at the Hong Kong football club. They
started it!
But here we are;
back in goal for the corporate office at work led by "Fabio" Suchley and
"Franz" Keevil, the latter strutting the pitch like a well-fed Beckenbauer.
It was a fun day
  
Pai - not such
a Paradise
16 February
2008
Lovely Pai is
still a sleepy paradise in North East Thailand; hard to get to the town
still survives primarily on tourism. The town is full of cheap guesthouses,
souvenir shops and restaurants. In the proximity of the town are spas and
elephant camps. Further outside of town, there are several waterfalls and a
number of natural hot springs. Many tourists use it as a base for trekking
and visiting the local villages and tribal people from all around the Pai
Valley.
Recently Pai has
appeared on the local tourist map and has received major infrastructure
upgrades including two 7/11's, several small- to medium-size luxury resorts,
a couple of live music clubs, beer bars and two sets of traffic lights. Yet
the town still has a peaceful spirit especially out of season. There has
however been a recent influx of business investment and land speculation by
both farang and big city Thais.
In the tourist
high season of November through March there are large numbers of tourists.
Thai tourists make up the vast majority, particularly after Pai featured in
two popular, Thai-made romantic movies.
Regular readers of
this site will know that Tai and I were in Pai with her family in October
and there are many pictures
here.
But all is not
well. It may be a sleepy town in the mountains, but Pai has over the past
decade generated an unusual amount of controversy concerning the conduct of
its local police, as well as the conduct of Thai drug enforcement police
operating there. This is partially due to the proximity of Pai to drug
routes from the Shan State in Burma.
There are many examples but worst of all was the so-called "War on Drugs"
launched in February 2003 by former Prime Minister Thaksin Shinawatra, in
which "more than 2,000 people in Thailand were killed as the government
effectively declared 'open season' on those accused of involvement in the
drug trade. This took a heavy toll on Pai district and downtown Pai in
particular where a number of local people were killed without investigation.
In 2006, the Pai
Police purchased a new mobile drug testing vehicle, and there have been
numerous reported instances of the police entering bars and other
establishments and randomly urine-testing foreign tourists. In many of these
cases it is apparent that the searches were not performed legally. In
Thailand, "when requesting urinalysis for drug identification purposes, at
least one member of the Narcotics Suppression Police must be present.
Regular Thai police do not have this right, nor do the Tourist Police.
Second of all, there must be probable cause. In most cases, apprehended
suspects are detained in Mae Hong Son jail for a few days, then released
with a "fine" typically on the order of 5,000-10,000 baht.
On January 5th
2008, Pai made national and international news when an off-duty police
officer, Sgt-Major Uthai Dechawiwat, fatally shot Canadian tourist John Leo
Del Pinto, and shot and wounded a second Canadian tourist Carly Reisig,
fleeing the scene immediately after the event. Nearly all involved believe
that both the policeman and suspects were drunk at the time. Official police
reports differ widely from eye-witness reports and it is expected that the
officer will be acquitted by the Thai Justice system.
In an extremely
unusual development which highlights the deep integrity issues that exist
with the Pai police, reporter Andrew Drummond published an editorial in The
Nation where he expressed his regrets for publishing views from all sides of
the story in his earlier Nation article because: "While the facts presented
were true, they have been wrongly taken in a malicious way by many...What
the journalist cannot convey sometimes is his opinion of whether the
witnesses are telling the truth or show immediately what links these
witnesses have to the police....I am very concerned at several aspects of
this case:
The police claiming that Reisig was pregnant and this had angered a jealous
foreign boyfriend.
The claims by the police shooter that he had been out of town before the
shooting, when other witnesses were saying the officer was drinking heavily
that night in Pai.
The threats to prosecute Reisig for assault on police.
The automatic bail for the police gunman.
The fact that local police are investigating themselves.
The claims that the gun had discharged three times accidentally."
The most obvious
question to be answered by
Sgt Uthai, who
claims his gun fired accidentally, is why how three bullets hit vital
targets so accurately.
In a January, 2008
editorial published in Chiang Mai City Life (submitted in December, 2007),
anonymous author "A Tourist" eerily anticipates the January, 2008 shooting
in his/her strongly-worded objection to excessive police actions in Pai:
"I have noticed
another significant change over the last year, which is the reason for
writing this letter. The method of law enforcement in this small town needs
to be seriously examined....there is also a general feeling of unrest here
and I feel that it is quite obvious to the tourist travelling through. The
police are unapproachable and menacing. This has a strong negative impact on
the atmosphere here in Pai town. The previously friendly and welcoming town
appears to have changed into a place where everyone is afraid to even walk
down the street in case they are accused of doing something wrong."
For more
information on the Del Pinto shooting read Bangkok based journalist -
Andrew Drummond.
For more
information about Pai
click this great page with stories, photos and opinions.
Lessons from
Hong Kong's latest internet frenzy
15 February
2008.
There are a few
lessons from Hong Kong's latest and longest running scandal. One for the
girl celebrities; what are you thinking letting the guy you are in bed with
take digital pictures of you? For everyone else; be very careful who you ask
to repair your pc! And remember that however much Hong Kong's celebrities
love to stay in the bright media lights actually what sells newspapers is
scandal.
And this story has
been running in Hong Kong for over two weeks now.
What happened in simple. Canadian born Edison Chen, is a moderately
successful cantopop and film star. He also seems able to bed, photograph and
video many of Hong Kong's minor celebrities and a few of the better known
ones as well. He then sent his ugly pink macbook to a back street computer
shop for repair and almost instantly hundreds of x certificate photos
featuring some of Hong Kong's best-known entertainers have appeared on the
internet after being copied from his pc.
Hong Kong police have now arrested nine people for uploading the images,
which are being constantly posted and then deleted from message-boards
across the region. The pictures have also been posted to file-sharing
networks with new images being uploaded daily. In mainland China the images
are being reposted to message boards as soon as they are removed by
moderators.
Even the church
has become involved with the Catholic bishop of Hong Kong, John Tong, was
moved enough to ask people to delete the photos.
The dozens of
photos show Chen in separate scenes, some featuring sex, with at least six
women, including Canto-pop singers Gillian Chung, (of Twins fame) Cecilia
Cheung and the bizarrely named Bobo Chan.
And there is more
apparently to come - Edison Chan and Maggie Q. And now three pictures of 19
year old Vincy Yeung, who is apparently Edison Chen's current girlfriend,
have also been released by the mystery poster, and here's where it gets a
lot juicier. Vincy is the daughter of Ricky Yeung, brother of tycoon Albert
Yeung, the boss of Emperor Entertainment Group who is said to have numerous
triad affiliations. Hong Kong tabloids are now running reports that there
are plans by gangsters to "teach a lesson" to Chen. Organised crime is a key
element in the Hong Kong entertainment industry. Chen may want to take extra
protection, for a change!
The pictures began
surfacing on the internet late last month where they immediately caused a
frenzy in celebrity-obsessed Hong Kong. Gillian Chung features heavily in
the advertising for Hong Kong Disneyland; looking at the Edison Chen
pictures she might start singing "Its a small, small word."
For a little more background - here is my ex colleague Kristie Lu Stout, now
with CNN - and her report on YouTube
http://youtube.com/watch?v=9jFeEaSnYo0
Dubai's
rocketing food prices
14 February
2008
One alarming
figure in today's press was that basic food prices in the UAE have rocketed
by 36%, with basmati rice expected to increase by at least a further 70%.
UAE daily Gulf News said that an expected shortage in rice would send prices
sky-high, with Pakistani rice suppliers threatening to reduce exports if
prices are not increased to match Indian products.
Retailers have been quick to point out that this appreciation is not of
their doing; they argue that the weakening US dollar and the appreciation of
certain Asian currencies are the main reasons for this trend. It has nothing
to do with the profitability of the retail sector!!! Sure!
A leading hypermarket executive held the suppliers responsible, since 90 per
cent of products here are imported.
There is no doubt
that food price inflation is a global phenomenon; but GCC [Gulf Cooperation
Council] countries have been affected because of their weak, dollar-pegged
currencies.
Some examples of the soaring costs include:
Price of Basmati rice has shot up more than 50 per cent from Dh15 for a bag
of 5kg to Dh22.70
A two litre bottle of cooking oil has increased 80 per cent, from Dh10.85 to
Dh19.60
Indian mutton has gone through the roof from Dh13 a kg last year to Dh28 per
kg
A whole chicken now costs Dh17.25 as compared to Dh10.35 last year
A 30-egg tray costs Dh14.60 today. Last year it was Dh12.30
Bangkok airport
woes continue
13 February
2008
The Airline
Operators Committee has (not unreasonably) proposed that a detailed plan is
needed to cope with any emergencies which could arise when Suvarnabhumi
airport is be left with only one operational runway while repairs are made
to the other. Half of the eastern runway will be closed for 50 days for
repairs, from Feb 18 to April 7.
The AOC said that
Airports of
Thailand (AoT) apparently have no plan to deal with any
emergency during this period other than a plan to deal with heavy fog; in
which case that will tell aircraft to divert to Don Muang airport and wait
there for a few hours.
The AOC is
demanding a workable plan in case, for example, the western runway was also
forced to close during that period because of cracks or any other incident
which could make it impossible to land or take-off.
AoT have not made
clear whether Don Mueang would be ready to handle more flights from
Suvarnabhumi if it were needed. The old airport no longer has the ground
equipment or the airport, immigration and customs staff to handle
international flights.
The AOC has also
identified 19 critical issues, many of which it has raised before, and which
now need immediate corrective actions. Most of these issues have not been
addressed since the new airport opened.
- For the government to commit to a single airport concept for Bangkok with
the old Don Mueang airport being used for low-cost carriers
- Urgently fixing the surface depressions in the runways, taxiways, taxi
lanes and apron.
- Immediately revising and finalising the master plan for Suvarnabhumi's
expansion with the construction of a mid-field terminal and a third runway.
- Putting knowledgeable and experienced personnel on AoT management.
- Relieving congestion at immigration lines, both at arrivals and
departures.
- Getting rid of unauthorised tour guides, travel agents and illegal taxi
drivers in the terminal.
- Improving reliability of the current baggage handling system and resolving
the theft problems by activating under-covered patrols and reviewing CCTV
capacity.
- Setting up a multi-party steering committee of experts to solve problems
plaguing the airport's cargo operation.
If AoT continues
to be run by civil servants seeking to make as much money as possible from
converting the airport facility into a shopping mall none of these issues
will be addressed.
Thailand's
annual V-day crusade
12 February
2008
You always know
when Valentines day is approaching as Thailand's protectors of the nation's
morality start to speak out. In Ayutthaya the provincial cultural council
has apparently surveyed the activities of young people and has called called
for strict monitoring of love nests for underage couples on Valentine's Day.
The local council chairlady is concerned that several love
motels have appeared around the city and that all outbound highways in every
direction lead to such motels.
She has urged police and related agencies to step up checks
at motels which the council has found to have allowed minors, who apparently
can be identified as they usually arrived on motorcycles.
The council's survey also identified six locations that young
couples choose for promiscuous behaviour; they include three public
parks,near the Somdej Phra Sri Suriyothai monument and King Naresuan
monument and the Somdej Phra Srinakarindra Boromarajajonani park.
Teens have also been found making out in the provincial
sports stadium, particularly the area on the back of a basketball field.
Sadly no map was available with this new report!
Other locations include karaoke rooms, internet cafes and
isolated corners in department stores. Shopping with your loved one takes on
a whole new meaning in Ayutthaya.
She also said that ''the sale of condoms at grocery stores
also encourages sex among youngsters.'' The good news is that if this is
true then teenagers are practising safe sex and that seems far better than
withdrawing (no pun intended) condoms from sale and increasing the health
risks.
In her final salvo she argued that media hype surrounding
Valentine's Day has also encouraged teens to skip classes to engage in
sexual activity. It has nothing to do with the vast marketing hype
surrounding Valentines and all the promotional activity that leads up to V
day!
Meanwhile in Bangkok a recent survey conducted by Assumption
University showed as many as 21.4 per cent of Thai youths were well prepared
to have sex this Thursday for Valentine’s Day.
The survey was
conducted between February 1 and 9 among 2,384 youths aged between 12 and 19
in Bangkok and surrounding areas. As many as 48.9 per cent of total
respondents said it was their private right to have sex on Valentine’s Day.
Statistically since 84.6 per cent of youths said that they had never had sex
before it means that 143 of those surveyed (6%) expect to have sex for the
first time this Thursday.
Meanwhile back in
Dubai I will be home alone for the second year running!
The new flying
yeti!
9 February 2008
Sharjah-based
low-cost carrier (LCC) Air Arabia has marked the next step in its aggressive
expansion strategy by establishing a new budget airline out of the Nepalese
capital Kathmandu.
FlyYeti.com, a joint venture with Nepalese domestic airline Yeti Airlines is
Nepal's first low-cost carrier (LCC). The airline launched its flights to
Sharjah and Kuala Lumpur on January 20.
Air Arabia said it hoped that by operating from this hub it would be able to
better serve markets encompassing South and Central Asia, the Far East,
Middle East and Indian Subcontinent.
FlyYeti.com
adheres to Air Arabia's low-cost business model and operates a single A320
aircraft. Sharjah and KL routes now operate two and three times weekly
respectively. The carrier is looking to fly to Bangkok, Delhi, Hong Kong and
Doha.
The announcement of Air Arabia's Nepalese airline venture comes after the
LCC recently revealed plans to establish yet another hub in the Moroccan
city of Rabat, having signed an agreement with private Moroccan carrier
Regional Air Lines.
No kissing -
this is Dubai
8 February 2008
The Mall of the
Emirates has posted signs at all its entrances instructing visitors on its
"Courtesy Policy."
The blue sign
placed on the sliding glass doors advises visitors to "Please wear
respectful clothing" and "No kissing or overt displays of affection", among
other things.
The sign, however,
doesn’t elaborate on what the policy regards as "non-respectful clothing"
nor what the penalties for violating the policy may be.
A spokesman has
apparently elaborated that if any visitor is overly-exposed, the security
guards will make them aware that it is not culturally acceptable and that
the policy is enforced in a positive and constructive way. Your average
security guard wont be able to do this.
The blue sign
placed on the sliding glass doors advises visitors to:
-
"Please wear respectful clothing"
-
"No kissing or overt displays of
affection"
-
"No smoking in the mall"
-
"No consumption of alcohol in the mall"
-
"No dangerous activities, ie sport
games, rollerblading or skateboarding"
More traffic
chaos in Dubai
8 February 2008
Motorists will be
hit by crippling traffic jams in Dubai’s Al Garhoud area following the
closure of a major road leading towards Al Garhoud Bridge and Bur Dubai from
Friday.
The Roads and Transport Authority (RTA) will close a section of the road and
bridge leading towards Al Garhoud Bridge from Casablanca Road and Al Rebat
Road, to demolish the old Al Garhoud Bridge.
Massive traffic jams are expected with airport traffic now forced to take
the Al Maktoum Bridge, the Floating Bridge or the Business Bay Bridge to
reach Sheikh Zayed Road and Bur Dubai.
The closure is a temporary process - but will last for at
least one month - until the new Al Garhoud Bridge is opened.
The demolition and removal of the old Al Garhoud Bridge is
required to ensure boat movement under the new bridge. Traffic heading to
Bur Dubai using roads leading to the closed path should re-route through the
Business Bay Crossing, and motorists inbound from the Airport Tunnel may go
to Nad Al Hummer and drive through Al Rebat road to the Business Bay
Crossing.
Motorists inbound from Marrakesh Road may drive through the free path
leading to the Business Bay Crossing, while others coming from Casablanca
Road may drive through Al Rebat Road towards the Business Bay Crossing.
The RTA is currently investing around $22 billion in Dubai's transport
infrastructure as it looks to reduce congestion.
The investment plan allocates $12 billion for new roads, $2.5 billion each
for marine transport and tram systems, $6.3 billion for the Dubai Metro and
$600 million for new buses.
Construction on the new $13 million Al Garhoud Bridge began in February 2006
and its capacity is estimated at 16,000 vehicles per hour, more than double
the volume of the old bridge.
No victory in
this coup
Commentary from
the Nation newspaper
4 February 2008
"The past 16
months have seen an epic battle to rule Thailand. Once the outcome of such a
battle becomes certain, there's a tendency to imagine it was inevitable all
along. But, at this transitory moment, it's worth looking back to review
what happened.
After the coup in
September 2006, the junta set out to obliterate Thaksin's political
leadership. A special task force of soldiers paid with public money was sent
into the villages of the North and Northeast on a hearts-and-minds mission
against pro-Thaksin thinking. The tactics were based on the campaigns which
mopped up the last traces of the communist movement in the 1980s. By
brandishing their weapons, the soldiers would persuade people to transfer
their allegiances.
By decapitating
the Thai Rak Thai (TRT) party, the junta expected the alliance of MPs
supporting Thaksin to fall apart. Many factions had joined the Thaksin camp
since 2001 because that was the way to gain access to power. Now that TRT
had been disbanded and Thaksin was in exile, faction leaders would peel away
and wait until a new power centre arose. Some did indeed follow this route.
Now fast-forward
to the referendum on the new Constitution in August 2007. This was not
really a vote on the Charter, since few understood or cared about its
intricacies, but an opinion poll on the junta's performance. Again state
funds were mobilised on a large scale to secure the yes vote which the junta
wanted, and state power was used to search-and-destroy the opposing
campaign. This mobilisation was a dress rehearsal for the general elections
that would follow. The junta seemed sublimely confident of success. General
Sonthi Boonyaratglin predicted 90 per cent support. Army polls estimated 70
per cent. A junta spokesman cited 60 per cent as the minimum imaginable.
The result was a
shock. Only 58 percent voted in favour. The upper North and Northeast were
virulently against it. Most strikingly, many people had lied to the opinion
pollsters, and to the exit pollsters on referendum day. Some enterprising
journalists probed this widespread deception. They found that many people in
the Northeast resented the junta's attempts to manipulate opinion using
state machinery and intimidatory tactics. They lied to the pollsters in part
because they were afraid of possible consequences, and in part as a way of
thumbing their noses.
Meanwhile, TRT had
failed to fragment as the junta hoped. Thaksin was outside the country but
not off the screen. By purchasing Manchester City, employing an experienced
political PR consultant in the UK, and exploiting the potential of the
Internet, Thaksin kept alive the thought that he, rather than the generals,
might be the future focus of power. While some factions defected, the core
lineage of the TRT stayed together (Chaturon Chaisang, Sudarat Keyuraphan,
Yaowapha Wongsawat, Newin Chidchob).
Once the
constitution referendum was concluded, the path to a general election was
clear. The junta debated delaying the polls, but finally decided against.
Instead it concentrated on orchestrating a desired election result. Sonthi
believed there was still time to change people's minds by using the
ammunition of government money. The main strategy was to herd the defecting
factions into a new political third force which would lure promising
election candidates away from the pro-Thaksin camp. Sonthi prepared to
launch himself into politics as the leader of this third force.
But this
battlefront proved to be a minefield. The party proposed for Sonthi's
entrance into politics went down with the crash of an aircraft owned by the
party's chief sponsor. The faction heads fell to stabbing one another rather
than carrying out the junta's mission. Prachai Leophairatana had delusions
of becoming Thaksin reincarnate. Instead of a single third-force party,
there were six of them.
At this delicate
point Sonthi had to stand down as Army chief. With so much uncertainty, he
abandoned the idea of party leadership and instead took direct charge of
orchestrating the election result. With the generals' position crumbling
away, their thinking became more desperate. They drew up a strategic plan
which described TRT/People Power Party (PPP) as the historical extension of
the communist movement and justified the continued use of state resources to
fight the elections and manipulate the result. One of the action plans to
implement this strategy was a campaign of anti-PPP publicity and deliberate
disinformation, using state-owned media. Probably there were parallel action
plans for deploying other state machinery to manage the election.
But by now TRT/PPP
had regrouped and begun to concentrate its fire on the junta's embattled
position. The junta tried to tie three major anti-PPP parties into a
pre-poll alliance which would act as a draw for other candidates. At first
the parties seemed to agree, but then they disengaged and retreated to
neutral ground. Probably there were salvoes of money influencing these troop
movements.
The election
result again dashed the junta's hopes. People had again either lied to the
pollsters or abandoned the third-force parties when they came to vote. The
PPP won more seats than the junta hoped or feared. Orchestrating an anti-PPP
victory would now require major manipulation by the Election Commission
(EC). When the EC withheld approval of 80 seats, this still seemed possible.
Sonthi went on record that he had not lost hope. But in practice, the only
option was a carpet-bombing campaign that would invite international
condemnation. Sonthi ran up the white flag.
The junta's
attempts to resurrect the divisive thinking and intimidatory methods of the
1980s has failed. The attempt to orchestrate an election using public money
and public resources has failed. Even though the Cabinet is a time-warped
13-year regression to the 1995 line-up dubbed the "7-Eleven administration"
(seven parties, eleven factions, open for business 24 hours), and includes
many of the same faces among ministers or their nominators (Samak, Chalerm,
Thaksin, Banharn, Snoh, Sudarat, Suwit, Somsak, Anusorn and Newin), this is
a victory for the principle of electoral democracy.
The lesson from
this debacle is already in the old manual on the "Art of War" (Phichai
Songkhram): do not fight a war when other methods are appropriate.
Chang noi - The
Nation"
Dubai's new
crown prince
2 February 2008
UAE Vice President
and Prime Minister Sheikh Mohammad bin Rashid has issued a decree in his
capacity as Dubai Ruler, appointing his son Hamdan as Crown Prince of Dubai
Emirate. Hamdan becomes the clear successor to his father.
Born on 14 November, 1982, Hamdan studied at the Rashid Private School in
Dubai. After graduating, he joined the UK's Sandhurst Royal Military
Academy. He has attended specialized courses at the London School of
Economics and the Dubai School of Government.
Hamdan is currently chairman of the Dubai Executive Council, entrusted with
overseeing Dubai Government entities.
Hamdan is also the President of Dubai Sports
Council, Dubai Autism Center and the Sheikh Mohammed bin Rashid
Establishment for Young Business Leaders.
He has also won several awards at local and international endurance horse
races, including the Gold Medal at the Asian Olympic Games.
Dubai ruler also issued another decree naming his brother Hamdan bin Rashid
and his son Maktoum bin Mohammad as his deputies.
Sheikh Mohammed
rules in tandem with three key lieutenants: Mohammed al-Gergawi, who heads
Dubai Holding, a conglomerate of private companies owned by Sheikh Mohammed,
including Dubai International Capital; Sultan bin Sulayem, who oversees
government companies such as DP World and Dubai’s offshore real estate
developments; and Mohammed Alabbar, the chairman of Emaar Properties, the
real estate giant.
As Sheikh Hamdan
gains more public prominence, his advisers could also come to play a more
active role in government.
EK's 2008
expansion
1 February 2008
The Chairman of
Emirates has announced that the airline will open 8 news destinations in
2008 and take delivery of 22 new airplanes (almost 2 a month).
The only announced
destination so far is Cape Town. There are five other that insiders say are
confirmed with two others to be agreed.
The five confirmed
by insiders are:
Buenos Aires GIG
Chicago Orly ORD
Los Angeles LAX
Rio de Janeiro EZE
Madrid MAD
The Buenos Aires/Rio flight could be combined into a single route probably
with the A340-500.
With regards to
LAX, the Boeing 777L will be used to fly DXB-LAX-DXB nonstop. For ORD the
flight will be flown non-stop by a B777W, the same equipment as
Toronto and New York.
Lots of
speculation about other destinations - here are a few possibilities with
comments: growth would be faster if new equipment was available; the
delivery schedule of the remaining B777-200LRs is as follows:
End of Jun 2008 - A6-EWE
End of Jun 2008 - A6-EWF
End of Aug 2008 - A6-EWG
End of Sep 2008 - A6-EWH
End of Oct 2008 - A6-EWI
End of Jan 2009 - A6-EWJ
The delivery of A6-EWE will be used to upgrade GRU (Sao Paulo)to a daily
service and to upgrade the aircraft used for flight EK306/307 to Beijing 5
out of 7 days a week. So any new ULR service (eg LAX) is unlikely to
commence until mid summer. Even so it will likely be 3 or 4x weekly and
would only upgrade to a daily by beginning of September 2008.
Berlin and Stuttgart are keenly sought by Emirates but there are concerns
getting new routes approved by the German authorities etc. Berlin in 2008 as
EK has stopped its Hamburg to JFK connections.
San Francisco - probably not in 2008. Ideally needs a 777L especially during
the hot summer months.
Copenhagen and Stockholm. 2009 is my guess.
Dakar and other African destinations. 2009 at the earliest.
Miami - requires a 777L unless it operates one stop via Spain. Another one
for 2009 when the A380s start to free up some capacity.
Calgary - decent oil/energy traffic. But not enough to justify a 777.
Perhaps a 340-300. 2009 at the earliest.
Vancouver - would be nice - 2010 at best.
Barcelona - only after Madrid
Durban, South Africa. Possible for 2010 in time for the football world cup.
Geneva - likely - as Etihad does well on this route. 2009.
Mexico - possibly through Madrid or as an extension to Houston. A hot and
high airport I doubt non stop to Dubai is feasible.
Edinburgh - might impact Glasgow yields. Double daily to Glasgow more likely
in the short term.
Amsterdam - 2009.
Brussels - 2009
Kiev and St Petersburg - additional Russian coverage. Better than flying
Aeroflot
Regional Chinese destinations. Name them all. China alongside India are some
of the fastest growing economies in the world. EK performs well on these
routes and one more Chinese city (Guangzhou) is likely by the end of 2008.
Thailand's
dismal new cabinet
from The Nation
1 February 2008
"It has become
obvious to everyone that the Cabinet being formed by the People Power
Party-led coalition under Prime Minister Samak Sundaravej is handicapped not
by lack of opportunity, but a dearth of talent. Samak or his handler,
deposed prime minister Thaksin Shinawatra, may have searched in vain for
well-respected professionals with unblemished track records among the rank
and file of the six parties that make up the coalition. Would-be political
appointees outside party politics, who might otherwise be persuaded to take
up key Cabinet positions - especially ones that require some technical
knowledge, such as the Finance portfolio - appear reluctant to join Samak's
Cabinet.
Because of Samak's
controversial past and his new-found role as Thaksin's nominee, the new
prime minister is not able to access the usual pool of talent made up mainly
of retired technocrats, well-known academics and prominent bankers. Such
people would certainly make his Cabinet more presentable.
Failure by Samak
to reassure the business community and the general public of any intention
to take a more principled approach in implementing some of the populist
policies that the PPP inherited from Thaksin's disbanded Thai Rak Thai Party
also worries many prospective appointees with professional integrity.
Most of these
talents are reluctant to associate themselves with Thaksin, who is accused
of a series of corruption scandals and due to face trial in the courts for
some of them. They probably also wonder if it is worthwhile to be part of a
coalition government that most political observers say will be short-lived.
It is no
exaggeration to say the Cabinet line-up is not a pretty sight by Thailand's
standard, as a middle-income developing country.
It is true that
the urban middle-class and the rural masses expect different things from the
government, but the level of integrity and competence of members of the new
Cabinet will lag far behind that of any previous administration in recent
memory.
What is the new
government going to do to restore the confidence of the public and
international investors? All is not lost. There are many people in this
country who are prepared to give the incoming Samak administration the
benefit of the doubt.
To get off to the
best possible start, the new government will need the service of advisory
teams, made up of second- or third-tier talents who are willing to feed
Cabinet ministers with ideas, offer policy options and act as spin-doctors.
This may compensate for the lack of skill on the part of some Cabinet
members.
In addition, and
very quickly, the Samak government must prove beyond any reasonable doubt
that its main purpose is to put the country back on track to genuine
democracy and to put an end to the politics of divisiveness. It must strive
to restore confidence in the economy and to work to achieve national
development goals based on sound governance and good economic stewardship.
To do that, it
must prove that it is capable of being magnanimous in victory. Thailand has
suffered enough from missed political and economic opportunities due to the
abuses committed under the five and half years of Thaksin's misrule, the
military coup that suspended democracy, and almost 16 months of ineffective
military-appointed government.
The least we can
expect from the emerging coalition government - which controls an ample
majority in the House of Representatives - is for it to do everything in its
power to work solely toward a normalisation of national politics and the
economy. This is no time for the ruling party to indulge in vengeful actions
or to settle scores with political opponents.
Most important of
all is the need for the government to show a sense of fair play. Let's not
forget that the mandate the PPP and its political allies won in the December
23 general election is only for honest and responsible politics.
It cannot be
emphasised enough that dirty politics - characterised by disrespect for the
rule of law; corruption; suppression of civil liberties; and undermining of
democratic institutions - can never be justified regardless of the size or
margin of the electoral victory. Unless the new government learns from the
mistakes of Thaksin, Thai politics may yet fall into the same vicious circle
again.
The Nation
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