Posts Tagged ‘Asean’

Tourism Authority of Thailand register 16% increase in Tourism arrivals

Thursday, June 24th, 2010

The Tourism Authority of Thailand (TAT) has announced that Thailand received 6,563,099 visitor arrivals during January-May 2010, registering a 16.07 per cent year-on-year growth. Tourism receipts were estimated at 242,559.35 million baht, or about US$7.4 billion, a year-on-year increase of 20.26% in comparison with January-May 2009.

The top five visitor-generating markets during the period were Malaysia (770,804), China (428,709), Japan (419,980), United Kingdom (352,586), and South Korea (335,648). These markets are Thailand’s traditional top tourist producers, but other markets such as India (277,393) and Russia (284,424) showed phenomenal growth during the same period.

TAT expects a number of markets to continue to perform well until the end of the year. Proximity and value for money will still be the main attractions for tourists from South Asia, the Middle East and ASEAN countries.

Qatar Airways to add new flights to Bangkok, Phuket and Vietnam

Thursday, June 24th, 2010

Qatar Airways has announced a route expansion that will include the introduction of new services to Asia. The carrier will launch a total of six new routes in the eastern continent and Europe over a four-month period from October 2010.

New flights to Phuket – which will be Qatar Airways’ second destination in Thailand after Bangkok – are scheduled to begin from Doha on 11 October. Three weeks later on 1 November, the airline will introduce a service to Hanoi in Vietnam, which will support its existing flights to Ho Chi Minh, the country’s largest city and main commercial centre.

Chief executive officer Akbar Al Baker said: “Qatar Airways’ track record to grow remains strong and solid. The airline is well positioned globally, focusing on a long-term strategy that is forward thinking and not one to look back on.”

Moving on to 2011, the airline also plans to start flights into Romania. A Doha Bucharest service is due to start on January 17th, with the aircraft continuing onto Budapest after stopping in the Romanian capital. The final route will start as of January 31st of next year. This route will be made of up five flights a week to Brussels.

Phuket World Expo 2020: Bidding Begins Today

Thursday, June 24th, 2010

”FROM the beauty of nature to the world of creativity.” This is likely to be the phrase that Prime Minister Abhisit Vejjajiva will hear today when Phuket presents its case for holding World Expo 2020 in the Andaman region.

Governor Wichai Praisa-ngob will be leading the contingent from Phuket, with the island up against six other provinces of Thailand in bidding for what could be a transformational opportunity for Phuket, Phang Nga and Krabi.

Phuket is the only contender, apart from Chiang Mai, with an airport, and the only contender with a second airport, Krabi so close. High-speed bullet rail from Bangkok would also become more of a possibility if the island wins the bid.

As a yellow Democratic Party stronghold, Phuket had never been in a more favorable position.

”Quality public transport would reach Phuket with the expo as a matter of course,” the governor said. Having experienced a 300kph rapid rail ride in Spain last week, he sees the potential in a link from Bangkok to Phuket.

Phuket airport’s planned 5.7 billion baht expansion would also enable ”Greater Phuket” to cope with up to 12.5 million arrivals and departures within the next three years, he added. Twenty-two landings and take-offs could then occur every hour, he said.

Key people from all over the island briefed the governor at a special meeting at Provincial Hall in Phuket City yesterday. The governor noted the number of world-class golf courses, the yachting marinas, the quality of international resorts and hospitals, and the capacity of Phuket to easily welcome and farewell a large number of visitors.

If the balance between Phuket’s natural beauty and development could be maintained, the World Expo 2020 will become a watershed moment for Greater Phuket.

Tan Chee Kion, representing the Provincial Federation of Industry, told the governor that he was a Thai but had spent most of his life in China. He said that he had visited Shanghai for its current word expo and ascertained that the city had 80,000 rooms for international guests.

Half a million people a day were visiting the Shanghai expo, he said. Millions of yuan had been spent in clearing schools and industry for the space needed for the current expo, yet the one advantage Phuket had from the start was plenty of open space.

The income alone from the price of admission to the Shanghai expo was huge. Coupled with holidaymakers, the expo in Greater Phuket had the possibility of turning the region into Southeast Asia’s Hawaii almost overnight.

”Shanghai has been successful and unsuccessful,” he said. ”Transport is difficult there, with some people taking three hours to get to exhibitions on foot.

”Phuket has huge advantages if it gets the public transport right and the timing right. But Phuket cannot walk alone. Phang Nga and Krabi need to be involved, too.”

The concept of international expos had left many places in the world with great infrastructure, he said. It was possible to see Phuket emerge with a range of high-quality venues for all kinds of future tourism.

Phuket’s ability to call on people as volunteers during a world expo would be a bonus but the teaching of languages was a huge demand, so people who spoke different languages would probably have to be brought from all over Thailand.

A local representative from Mai Khao told the governor that the balance in the district between development and nature was about right.

”No place in the world is like Phuket, with its mixture of Buddhists, Muslims and Christians,” he said. ”People have been sailing here as traders and tourists for centuries.

”We already understand the need for tolerance and have the ability to welcome people from all over the world with a smile.

”All we need is more knowledge to make it work.”

Phuket, he said, was the kitchen of the world, with the ability to cook in a range of styles and with fresh ingredients that few other places could match.

Chinese efforts have “cooled property market”

Tuesday, June 15th, 2010

BEIJING (AFP) – China’s recent measures to rein in soaring property prices had been effective in stabilising the real estate market, a top housing official said on Friday during a rare online chat with Internet users.

“The trend of excessively fast rising residential property prices in some cities has been curbed, sparking a wide, positive response in society,” Qi Ji, vice minister of housing and urban-rural development, told web users.

Qi also warned excessive increases in property prices posed a risk to “living standards, security of the financial system and social harmony and stability”.

The online discussion attracted hundreds of questions from web users, highlighting growing fears that China’s property market was at risk of overheating.

Beijing has introduced a series of measures in recent weeks to cool soaring prices amid growing complaints they are out of the reach of many Chinese people.

Questions posted on the central government’s website covered a range of issues such as the lack of affordable housing and corruption among officials.

One web user with the name “Give Me Hope” complained he and his wife could not afford to buy an apartment in a second-tier city and were jealous of “house slaves”, referring to people with a mortgage.

“We cannot afford the down-payment at all, particularly after the issuance of the new policy requiring a down-payment of at least 30 percent,” he wrote.

Prices in major cities rose 11.7 percent year-on-year in March, the fastest pace since a nationwide survey was widened to 70 cities in July 2005, official data show.

At the Beijing Real Estate Expo last month, the average price of a new apartment in the Chinese capital was 21,164 yuan (3,100 dollars) per square metre, double that of last year, state media said.

That means a 90-square-metre apartment in Beijing would cost 1.9 million yuan, compared with the average per capita income of 17,175 yuan in 2009.

A government-backed survey showed consumer confidence in the first quarter hit the highest level since 2007 but people were less willing to spend money, possibly due to rising property prices, state media said Friday.

S’pore final Q1 jobless rate 2.2 per cent

Tuesday, June 15th, 2010

Singapore’s unemployment rate was 2.2 percent in the first quarter, unchanged from the preliminary estimate, the Manpower Ministry said on Tuesday.

The final jobless figure for the first three months of 2010 was a slight improvement from 2.3 percent in the fourth quarter of 2009.

Total employment rose by 36,500 during the first quarter, higher than the initial estimate of 34,000 reported in April.

Tue, Jun 15, 2010
Reuters

BoT: Interest rate to rise slowly

Tuesday, June 15th, 2010

The Bank of Thailand (BoT) said the country’s economy is still on the path to recovery, but warned the private sector that the interest rate has a tendency to rise gradually.

After attending a meeting of BoT and private sector representatives on Tuesday morning, Thai Chamber of Commerce deputy chairman Pongsak Assakul said the central bank had reported that the country’s overall economic situation was slowly recovering and was not heavily hit by the political situation.

But the BoT was concerned that the tourism industry could be severely affected by the recent political unrest, Mr Pongsak said.

“The central bank also warned the private sector that the interest rate will likely rise steadily, as it has been kept at a low level for a long time,” he said.

The private sector wanted the baht’s value to be closer to the currencies of other trade partners even though the BoT insisted the Thai currency was not much stronger than other currencies in the region, he said.

Bangkok Post
15/06/2010

Thailand Leads ASEAN Higher

Tuesday, June 15th, 2010

As we expected ASEAN Markets have been performing well with Thailand leading the way. Today will offer a good buying opportunity as a weaker Wall St exchange will lower values around ASEAN for the day.

Thailand Stock Exchange rose 1.5 percent on Monday as higher consumer confidence improved the market for companies reliant on the domestic economy, while energy shares in the region got a lift from a strong oil market.

Thailand Stock Exchange is by far the best buy in Asia as stocks are trading at a 12-month forward price to earnings ratio of 10.4, the lowest valuation in the region and a great bargain for investors.

June 15, 2010
East Asian Times

Cambodia’s Environmentally Planned Resort Island Koh Rong

Monday, May 31st, 2010

Emerging Cambodia resort destination Koh Rong is being touted as the first environmentally planned resort island in Asia. Planning for environmental impact and development is being lead by the Scott Wilson Group’s Malaysia office. Lauri Van Run who has 20 years experience in large scale projects and prior to that spent 5 years with the United Nations is spearheading the work.

Developed by The Royal Group of Singapore, the island is 30 minutes from Sihanoukville, and takes up an area of 80 square kilometers with a population based of only 1,500. Key elements of the plan are marine resources, protection of flora and fauna, waste management and social programs for sustainable employment of locals in the tourism industry.

The Phuket Insider

Hanoi Targets Green Plan

Monday, May 31st, 2010

Despite the growing development and fast tracked urbanization of Vietnam, the capital city of Hanoi is working on a long term green sustainability initiative. Under the proposed plan 70% of its open spaces will be retained as green areas in the plan which is targeting the next 40 year cycle.

Despite forecasted rampant population growth, a green corridor will be a dominant part of the city’s long term planning objectives and will be highly regulated by the Government.

Phuket is continuing to struggle with the present and definate future population explosion and could well look abroad for initiatives to benchmark regulation and planning.

The Phuket Insider

GETTING TOURISM BACK ON TRACK TOPS AGENDA

Monday, May 31st, 2010

State authorities and private – sector organs will swing into action this week to thrash out immediate measures to resuscitate the tourism industry-one of the worst hit by the political convulsions.

The transport Ministry will also likely call a meeting with other agencies this week to evaluate the damage from the riots in Bangkok and devise remedies to restore businesses to health.

Although most official tourim bodies and private associations have prepared plans to revive the tourism bodies and private associations have prepared plans to revive the tourism industry that was crushed by the recent political turbulence, they all want to discuss through this week urent rescue efforts.

The Tourism Ministry will invite the private sector to talk tomorrow about the damage and needed assistance for operators.

Tourism Minister Chumpol Silparcha is expected to ask the Cabinet for an emergency budget of Bt30 billion to help stricken operators.

The Tourism Authority of Thailand (TAT) is scheduled to revise its strategy tomorrow. The authority has already identified three approaches to boost tourism.

They are to rebuild the entire industry, join international trade shows and events and encouraging domestic tourism. “TAT has already prepared recovery measures and is ready to implement them once the situation stabilises,” TAT governor Suraphol Svetasreni said last week.

Work would still proceed on organising activitie such as the “Amazing Thailand Grand sale”, set for next month to September, while online marketing activities would be reinforced. Tomorrow, the Thai Hotels Association (THA) will meet in Bangkok to conduct damage assessment from all regions.

One of the pressing needs is to ask the government to grant funds to help staff laid off by hotels and service businesses in the Rajprasong area.

The THA chapter in Chiang Mai will launch a campaign called “Amazing One price Chiang Mai to draw travellers back to the rgion.

The Association of Domestic Travel (ADT) will meet on Wednesday with members and some travel partners to discuss how to encourage local people to vacation within the country.

Ithipon Khunplom, mayor of Pattaya city, said his administration had earmarked Bt10 million to stimulate tourism.

Last week, the Bangkok Metropolitan Administration said it would spend Bt100 million on tourism reconstruction, with most of that going to renovate public areas destroyed by the demonstration.

The Nation