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Sale Time at AirAsia! Save 20% on bookings before 26 April 2012!

Sale Time at AirAsia! Save 20% on bookings before 26 April 2012!

Just thought i’d let you know, it’s on now! If you want to get the best airfares around Asia, and even long haul flights to destinations in Europe or Australia, AirAsia are now having their ‘Awesome 20% Sale’ on all flights operating on over 165 routes. AirAsia have begun their 20% off sale – Applicable on all flights on all routes! The sale begins today (January 11, 2012) and ends on January 13.

The three day sale is available on travel on any immediate flight departing between the 30 th  of January and the 26 th  of April 2012. For those planning a long haul vacation, the 20% offer includes thecomfy premium fly flat beds on flights to New Zealand, Japan, Australia, China, India, Taiwan, Europe and Korea. Long haul AirAsiaX flights, which feature the cheapest bed in the sky, are also included in the Awesome 20% Sale.

Thai AirAsia chief Tassapon Bijleveld said that it highlighted the budget carrier’s commitment to giving more passengers the chance to take off by providing low fares. “AirAsia is showing our commitment to providing low fares by offering this ‘Awesome 20% Sale’ throughout both AirAsia and AirAsia X’s route network. Now guests will be able to connect to more than 80 destinations in 23 countries. Apart from affordable air travel, this promotion will also allow people to travel immediately while enjoying even lower fares to any of the over 165 destinations that AirAsia and AirAsiaX fly to. ” But it’s not just in the sky where savings are to be made, but also on the ground.  The low-cost group’s holiday division, AirAsiaGo, is also offering a 10% discount on selected destinations for bookings made between 11 and 13 January.

The travel period for this promotion is also from 30 January – 26 April 2012.

To make holidays more interesting and memorable, guests may log on to airasiago.com to be able to mix and match their preferred tour and activities, apart from affordable holiday packages and lodging.

Together with the partnership with Expedia, the travel portal has 130,000 hotel partners around the world. Guests are also able to enjoy the ‘Awesome 20% Sale’ via AirAsia’s mobile apps on Blackberry, iPhone and Android devices, or via mobile.airasia.com on WAP enabled phones.

The discounted fares can also be purchased through our flight search engine – visit http://flights.thaitravelnews.net  Related Video

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Sale Time at AirAsia! Save 20% on bookings before 26 April 2012!

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So How’s That "Bet On Android" Thing Working Out For You? (GOOG)

So How’s That "Bet On Android" Thing Working Out For You? (GOOG)

Two big Android handset makers had terrible quarters. HTC announced a 26% drop in profit from the previous year — its first such drop in two years — and Motorola warned that it would have only modest profits on smaller-than-expected revenue. But more important, both companies saw mobile phone unit sales drop from the previous quarter. HTC sold only 10 million units in the last three months of the year, down from 13.2 million in Q3, reports Bloomberg . And Motorola sold only 10.5 million, down from 11.6 million in the previous quarter (although smartphone sales were up slightly).

That’s exactly the opposite of what happens with most successful consumer products, where the holiday quarter is usually the biggest of the year.

Samsung , perhaps not wanting to be tarred with the same brush, pre-announced a fantastic quarter : it will earn $4.5 billion in operating profit, which is about 10% than analysts expected (according to Reuters ), and 22% higher than Q3. A lot of reports credited the strength to Samsung’s smartphone business.

That’s reasonable — Samsung passed Apple last quarter as the number-one smartphone maker in the world according to one estimate, and analysts are expecting big growth. But Samsung itself said nothing about smartphone sales in its note. Every report citing Samsung smartphone sales in Q4 are estimates from analysts. Guesses, if you will. But let’s assume that the Android market has one big winner — Samsung — and a lot of smaller players at the margin. Either way, the business of being an Android reseller is starting to look a lot like the traditional PC business.

Some hardware makers do great, others don’t, and the players change from year to year. But the big winner is always the platform provider.           Please follow SAI on Twitter and Facebook . Join the conversation about this story » See Also: UH-OH: The Company That Google Just Paid $12.5 Billion For Had An Awful Holiday Google Goes On The Offensive In Oracle Fight THE GOOGLE INVESTOR: Does The Weak European Ad Market Suggest A Google Miss?

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So How’s That "Bet On Android" Thing Working Out For You? (GOOG)

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Sensex ends 232 pts up on Infosys, RIL support

Sensex ends 232 pts up on Infosys, RIL support

Mumbai: The Sensex staged nice performance on the first day of last week of the year 2011, shooting up over 200 points amid low volumes.

Telecom, technology, banks, FMCG and capital goods were major sectors that led the rally. Positive macro data and congress move from the US too lifted the confidence of Indian equities on Monday.

The Sensex tried to hit the 16000 mark but all its attempts failed. It touched an intra-day high of 15,998.44, before closing up 232.05 points at 15,970.75.

The Nifty rose 65 points, to end at 4,779.

Sudarshan Sukhani of s2analytics.com advised holding long position. He does not think that this market is ready to mature and sell out.

Telecom, technology, banks, FMCG and capital goods were major sectors that led the rally.

The rally of about 1 per cent in the US markets on Friday was led by positive macro data and Congress move. US Congress approved a two-month extension of a payroll tax cut and in the economic data, home sales rose to a 7-month high in November.

Supply of houses on the market was lowest in 5.5 years, whichrekindled hope of a revival in the housing market.

The US and European markets are shut today for Christmas holiday.

Back to the Indian market, the TECk and IT outperformed other indices – gained 2.6 per cent and 2.4 per cent, respectively.

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Sensex ends 232 pts up on Infosys, RIL support

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Tourism authorities to giveaway free five-star Bangkok holiday

Tourism authorities to giveaway free five-star Bangkok holiday

Thailand’s tourism authorities aim to win back the confidence of international holidaymakers with the chance to win a free trip to Bangkok.

The competition, titled ‘Bangkok Wish List’ will give one lucky winner the chance for a five-star holiday to Bangkok, staying at the Mandarin Oriental Bangkok, as well as return business class airfares from their home country. Bangkok tourism authorities hope to win back the confidence of international tourism with a free trip giveaway. Participants in the competition must create a list of their five favourite attractions in Bangkok, along with a brief reason as to why their entry should be chosen.

The competition will feature on Facebook and Twitter, with the winning entrant scoring the most ‘likes’ and ‘retweets’.

The competition is aimed at stimulating the nation’s tourism industry back to pre-flood levels.  The floods took the lives of almost 700 people, displaced millions and affected the livelihood of more than 10 million people. In Bangkok, floodwaters inundated Bangkok’s secondary airport at Don Mueang, which led to hundreds of flight disruptions as Nok Air and Orient Thai relocated their flights to Bangkok’s Suvarnabhumi Airport. Meanwhile, the Tourism Council of Thailand has revealed a revised number of international arrivals for this year.  Despite the floods, the forecast of arrivals in Thailand has been reduced by 1.2 million Original estimates estimated a total of 19.5 million, but due to the floods a revised figures of 18.3 million visitors has been forecast.

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Tourism authorities to giveaway free five-star Bangkok holiday

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Floating Lantern Festival Continues Despite Thai Floods

Floating Lantern Festival Continues Despite Thai Floods

AFP Elephants prepare to float Krathongs during the Loi Krathong festival at Dusit Zoo in Bangkok on November 2, 2009. A popular Thai holiday in which candle-laden lanterns are floated along waterways and launched into the skies has been disrupted in Bangkok due to ongoing flooding, but festivities are continuing as planned in some other parts of the country.

The Loi Krathong festival, which is an annual favorite of international travelers, is believed by some to have roots in the Indian Diwali, or festival of lights. It became more widespread in Thailand in the 19th century, and involves floating lanterns to pay tribute to Buddha.

The act also involves honoring a Thai water goddess — something that’s especially poignant this year, given the devastating effects caused by the country’s worst flooding in decades. Most official celebrations run from now though through the weekend in various cities.

The Tourism Authority of Thailand (TAT) told Southeast Asia Real Time that all of its official Bangkok celebrations have been cancelled, however, along with those in the central Thailand cities of Ayutthaya and Suphanburi. Meanwhile, the Bangkok Metropolitan Administration (BMA) was reportedly planning to move its Loi Krathong events from a central Bangkok bridge to city parks that have not been hit by floods.

The BMA could not immediately be reached by telephone, and there were no details available on the BMA website. Despite the cancellation, authorities are still worried that some residents and tourists could ignore official advice and choose to float their lanterns along the Chao Phraya or other waterways that are close to overflowing and subject to unpredictable currents.

The Thai Culture Ministry’s head, Sukumol Khunploem, has warned residents to be aware of the dangers posed by higher water levels, including possible electrocution risks, according to the Bangkok Post.

The Ministry has also asked that anyone who ignores official warnings against participating should at least collect their lanterns after they are floated, so as not to obstruct waterways that may be clogged, according to local reports. Elsewhere in Thailand, where flooding has not been a problem, Loi Krathong events are still set to take place. A festival in Chiang Mai, a northern city popular with tourists, will go ahead, the TAT says.

Those festivities will incorporate the northern Thai custom of launching luminescent paper lanterns into the evening sky, which creates a dazzling effect. Events in the northern Thai city of Sukhothai are also unaffected. In addition, people in southern Thailand destinations, like Phuket and Koh Samui, will still celebrate the holiday. Loi Krathong events are also unaffected in Pattaya, the beach resort on the eastern seaboard, as well as in Hua Hin, a resort city south of Bangkok. Activities in the western Tak province, near the Myanmar border, and in the southern city of Hat Yai, will also go ahead.

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Floating Lantern Festival Continues Despite Thai Floods

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Report: Workers in China and India Most Likely to Play Hooky

Report: Workers in China and India Most Likely to Play Hooky

Sajjad Hussain/AFP/Getty Images
Worker dedication may not be the root cause of China’s and India’s booming economies.

Among all the possible explanations for why China and India have experienced explosive economic growth in recent years, worker dedication doesn’t appear to be one of them.

According to a new Harris International survey on worker absences, workers in China and India – the world’s second and 10th largest economies, respectively – are the most likely to take bogus sick days.

The survey, conducted on behalf of Massachusetts-based workforce management firm Kronos, found Chinese workers were the most likely to play hooky, with 71% admitting they had called in sick despite not actually being sick. India came in second with 62% of workers copping to the lie.

France finished last (or first?) with 16% while the U.S. (52%) and U.K. (43%) finished in the middle.

Credits for book covers and movie posters/stills – The credit has to be given to the book publisher or the producer of the movie.

The survey, based on responses from more than 9,000 people in eight countries, was conducted in July and did not include a sampling error.

Does this mean Chinese and India workers are lazier than their French counterparts? Not necessarily.

As Joyce Maroney, director of Kronos-sponsored think tank the Workforce Institute, points out in an interview with Reuters, France is among the most generous countries in giving workers paid time off with a mandated minimum of 30 days per year. China (10 days minimum) and India (12 days minimum), meanwhile, are among the worst.

“One could surmise that in those countries where more paid time off is given, people are less compelled to call in sick when they are not actually sick,” Ms. Maroney said in the interview.

Vacation time has been the subject of fierce debate in China, particularly since 2007, when the country abolished the long May Day “Golden Week” holiday and replaced it with three shorter holidays spread throughout the year. Among the complaints: Chinese companies were hesitant to grant paid holidays at other times of the year.

“Chinese people play hooky so they don’t die on the job,” joked a user of China’s popular Sina Weibo microblogging service writing under the name Xingruyu2001 in response to the survey results. “The worker’s compensation claims would be an inconvenience to our leaders.”

In India, meanwhile, part of the issue is also the contrast between the busy workaholic ethos of the city and the leisurely pace of traditional Indian family life.

“In the village, I could go to work whenever I wanted and take rest when needed,” says Amit Kumar, a 18-year-old worker at a New Delhi restaurant who recently arrived in the city from a village in the northern Indian state of Uttar Pradesh. “Here I hardly get any leave and it’s always work.” He says he feigns sickness once or twice a month and goes to visit new places in the city or simply rests at his room. His friends at the restaurant also do so, he says.

While China had the highest percentage of respondents – 45% — saying they thought employers could solve the problem by providing more time off, only a quarter of Indian workers felt the same way.

Interestingly, China and India were among the only places were a majority of workers said employers used an automated system to keep track of absences – something Kronos elsewhere claims can increase a company’s bottom line by as much as 10%.

– Josh Chin, with contributions from Krishna Pokharel.

After keeping its currency tightly linked to the US dollar for years, China in July 2005 revalued its currency by 2 % against the US dollar and moved to an exchange rate system that references a basket of currencies.

The Chinese government seeks to add energy production capacity from sources other than coal and oil, and is focusing on nuclear and other alternative energy development.

China is the world’s fastest-growing major economy, with an average growth rate of 10% for the past 30 years.

The restructuring of the economy and resulting efficiency gains have contributed to a more than tenfold increase in GDP since 1978.

Agricultural output has been vulnerable to the effects of weather, while industry has been more directly influenced by the government.

The technological level and quality standards of its industry as a whole are still fairly low, notwithstanding a marked change since 2000, spurred in part by foreign investment.

By the early 1990s these subsidies began to be eliminated, in large part due to China’s admission into the World Trade Organization (WTO) in 2001, which carried with it requirements for further economic liberalization and deregulation.

Both forums will start on Tuesday.

” Although the figure is already “quite amazing,” the volume is “not large enough” considering China’s economic growth and local companies’ expanding demand for international opportunities, Shen said.

China reiterated the nation’s goals for the next decade – increasing market share of pure-electric and plug-in electric autos, building world-competitive auto makers and parts manufacturers in the energy-efficient auto sector as well as raising fuel-efficiency to world levels.

In large part as a result of economic liberalization policies, the GDP quadrupled between 1978 and 1998, and foreign investment soared during the 1990s.

Even with these improvements, agriculture accounts for only 20% of the nation’s gross national product.

In terms of cash crops, China ranks first in cotton and tobacco and is an important producer of oilseeds, silk, tea, ramie, jute, hemp, sugarcane, and sugar beets.

Due to improved technology, the fishing industry has grown considerably since the late 1970s.

Coal is the most abundant mineral (China ranks first in coal production); high-quality, easily mined coal is found throughout the country, but especially in the north and northeast.

Alumina is found in many parts of the country; China is one of world’s largest producers of aluminum.

Major industrial products are textiles, chemicals, fertilizers, machinery (especially for agriculture), processed foods, iron and steel, building materials, plastics, toys, and electronics.

In the northeast (Manchuria) are large cities and rail centers, notably Shenyang (Mukden), Harbin, and Changchun.

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Report: Workers in China and India Most Likely to Play Hooky

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Late Eid Postponement Creates Confusion in Indonesia

Late Eid Postponement Creates Confusion in Indonesia

Shopkeepers and residents in Indonesia scrambled to rearrange their schedules in the world’s most populous Muslim-majority nation Tuesday after the government announced a last-minute change in the Eid al-Fitr festival.

Indonesians had prepared for days to celebrate the festival, which marks the end of the fasting month of Ramadan, on Tuesday along with most of the Muslim world. But officials announced late Monday that the moon was not in the right position and the holiday would occur Wednesday.

The switch forced many housewives to throw out carefully prepared feasts and observant Muslims to fast for another day. Businesses had to arrange to shut down Wednesday instead of Tuesday.

Muslim women perform Eid al-Fitr prayers on Parangkusumo beach in Yogyakarta, Indonesia, Tuesday, Aug. 30, 2011

Muslim women perform Eid al-Fitr prayers Parangkusumo beach in Yogyakarta, Indonesia (AP)

Adding to the confusion, Indonesia’s Muhammadiyah sect, the nation’s second largest, decided to observe the holiday Tuesday anyway, noting that some astronomers still maintain that is the correct day.

Jakarta businessman Muhammad Zulkifli was one of those who observed the holiday on Tuesday. “I am very grateful to be celebrating Eid today. Other countries such as Malaysia, Singapore and Saudi Arabia also celebrate it today. In my opinion having Eid celebrations today is better.”

Some information for this report was provided by AP, AFP and Reuters.

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Late Eid Postponement Creates Confusion in Indonesia

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Gold Prices to Rise During Water Festival

Gold Prices to Rise During Water Festival

The Gold Traders Association said that gold prices have been rising during the Water Festival holiday.

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Gold Prices to Rise During Water Festival

At the end of 2009, real GDP was back at pre-crisis levels, as measured in seasonally adjusted terms.
However, the upside is limited due to political and regulatory uncertainty, including from possible political violence and the Map Ta Phut court case. The government investment plan is proceeding at a slow pace, but public investment should contribute to growth.

There has been a massive outflow from China, particularly into energy and resources. The more savvy Thai companies are increasingly tailoring their investor relations strategies to the changes in power in the markets.
There is a growing split in terms of family-run companies. There are those still dominated by the older generation, who are still conservative and don’t want to do much. And there are firms led by the younger generation, who are more active about transparency and investor relations.

The modern Thai capital market can essentially be divided into two phases, beginning with “The Bangkok Stock Exchange” which was privately owned, followed by the establishment of “The Securities Exchange of Thailand”.

The inception of the Thai stock market began as far back as July 1962, when a private group established an organized stock exchange as a limited partnership. The group later became a limited company and changed its name to the “Bangkok Stock Exchange Co., Ltd.” (BSE) in 1963.
Despite its well-intended foundation the BSE was rather inactive. Annual turnover value consisted of only 160 million baht in 1968, and 114 million baht in 1969. Trading volumes continued to fall sharply thereafter to 46 million baht in 1970, and then 28 million baht in 1971. The turnover in debentures reached 87 million baht in 1972, but stocks continued to perform poorly, with turnover hitting an all time low of only 26 million baht. The BSE finally ceased operations in the early 1970s.

It is generally accepted that the BSE failed to succeed because of a lack of official government support and a limited investor understanding of the equity market.

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