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Posts Tagged ‘Phuket’

Sonam, Akshay play basketball on cruise

Sonam Kapoor and Akshay KumarSonam Kapoor and Akshay Kumar are having a rollicking time shooting for “Thank You”. In their free time, they indulge in various activities and recently the two challenged each other to a basketball match on a cruise in Thailand. “Well I’ve reached Phuket where Sonam & i are shooting a song on a cruise ship [...]

Moss to celebrate New Year in Thailand

kate moss 1Kate Moss is heading again to Thailand for New Year’s eve, a place where she has celebrated past three New year’s as well. The British supermodel was keen to fly somewhere exciting and new place to welcome 2011, but couldn’t plan it on time and instead will be returning to Phuket, Thailand for the fourth [...]

Banyan Tree Holdings rated ‘hold’ by DBS

Banyan Tree Holdings’ (“BTH”) listed subsidiary in Thailand, Laguna Resorts & Hotels (“LRH”) has entered into an agreement with Dusit Thani Public Company (“Dusit”) for the sale of one of its resorts in Phuket- Dusit Thani Laguna Phuket resort for THB2.6 billion (or $110 million), implying a P/BV of 2.7x.

Read more…

Banyan Tree +1.2% on dividend hopes; $0.875 cap

Banyan Tree (B58.SG) +1.2% at $0.86 as $110.0 million disposal of Phuket hotel raises hopes for special dividend, eases concerns of further hit to business as move lowers luxury resort operator’s exposure to Thailand, where past political unrest responsible for its reduced bookings last year, says Dow Jones.

“A potential return of capital is positive for shareholders,” says Kim Eng Securities, which has no rating on stock. Banyan unit Laguna Resorts & Hotels (LRH.TH) will sell hotel to Dusit Thani (DTC.TH) for expected $68.4 million gain, which it plans to use for investment in hotel or hotel-related project overseas, repay bank loans, pay dividends.

Pending 2Q10 results due this Friday, upside for shares likely to be limited, with resistance at year-to-date high of $0.875.

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Kate Moss flaunts curves in white bikini in Phuket

Brit supermodel Kate Moss was spotted holidaying in a sexy white bikini, minus the pounds she is said to have put on during the festive season.
Moss, 35, who was said to have postponed her trip to the Far East, sported a flat tummy as she frolicked on the beach in Phuket, reports the Mirror.
She is [...]

Kate Moss learns synchronised swimming

It looks like Kate Moss has developed a liking for synchronised swimming.
And she has even roped in supermodel pal Naomi Campbell to join her in the newest obsession.
Moss has been spotted religiously practising her underwater ballet moves on holiday in Thailand.
“Kate has spent five days solid preparing for this synchronised swimming display,” the Mirror [...]

Sheraton Grande Laguna Phuket – Corporate moves

Klaus Christandl has been appointed GM wef Nov 16
Work experience: GM, Sheraton Miramar Resort, Egypt
 

N Korea calls Clinton ‘pensioner going shopping’

Exchange of insults reflects lack of progress at regional summit over country’s nuclear programme

The stand-off over North Korea’s nuclear programme took a turn for the petty today, with the country’s leadership claiming Hillary Clinton looked like a “primary schoolgirl” or “a pensioner going shopping”, after Clinton compared them to “small children”.

The exchange of jibes reflected the lack of progress at a regional summit being held in Phuket, Thailand.

North Korea, attending the talks, said it had no intention of re-entering six-nation talks on its nuclear programme, because of the “deep-rooted anti-North Korean policy” of the US.

“The six-party talks are over,” the spokesman for the North Korean delegation, Ri Hung Sik, said at the Association of South East Asian Nations (Asean) security forum.

Clinton said North Korea had “no friends left that will protect them” from international determination that the regime dismantle its nuclear programme.

She called on North Korea to dismantle its weapons programme verifiably and irreversibly or face further isolation and the “unrelenting pressure” of international sanctions. She said the international community was prepared to offer a package of incentives if Pyongyang complied, including the normalisation of diplomatic relations.

A 2007 six-party agreement in which North Korea began dismantling its nuclear complex at Yongbyon in return for fuel oil deliveries broke down in April this year, when North Korea threw out UN inspectors and restarted its weapons programme. It has since raised tensions by conducting an apparent nuclear test (some experts say it could have been a hoax using huge quantities of high explosive) and a series of missile tests.

In an interview on Monday, Clinton said the US should not over-react to North Korean provocation. She told ABC television: “Maybe it’s the mother in me, the experience I’ve had with small children and teenagers and people who are demanding attention: Don’t give it to them.”

Pyongyang’s reaction took three days to come, but the delay did not lessen its evident fury.

“We cannot but regard Mrs Clinton as a funny lady as she likes to utter such rhetoric, unaware of the elementary etiquette in the international community,” a foreign ministry statement said. “Sometimes she looks like a primary schoolgirl and sometimes a pensioner going shopping.”

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North Korea ‘has no friends left’

Hillary Clinton in Phuket, Thailand - 23 July 2009

North Korea has no friends to protect it from international efforts to end its nuclear programme, US Secretary of State Hillary Clinton has said.

At an Asian regional forum in Thailand she said there was widespread agreement that North Korea could not be allowed to maintain nuclear weapons.

North Korea’s envoy at the meeting said his nation would not re-enter six-party talks on ending its nuclear programme.

A spokesman in Pyongyang added that Mrs Clinton was "not intelligent".

Mrs Clinton said there was widespread concern among the members of the Association of South East Asian Nations (Asean) over North Korea’s recent "provocative behaviour".

"Sometimes [Mrs Clinton] looks like a primary schoolgirl and sometimes a pensioner going shopping"

North Korean spokesman

North Korea dropped out of the six-party talks after the UN censured its long-range missile test in April.

An underground nuclear test and further missile tests followed, provoking new UN Security Council sanctions, allowing for inspections of North Korean vessels suspected of carrying banned arms and tighter financial pressure on the already isolated state.

‘No place to go’

At the Asean forum on the resort island of Phuket, Mrs Clinton said North Korea’s nuclear ambitions threatened regional security and risked triggering an arms race.

"The United States and its allies and partners cannot accept a North Korea that tries to maintain nuclear weapons, to launch ballistic missiles or to proliferate nuclear materials," Mrs Clinton said in Phuket.

"And we are committed to the verifiable denuclearisation of the Korean peninsula in a peaceful manner."

North Korean spokesman Ri Hung Sik in Phuket, Thailand - 23 July 2009

"There is no place to go for North Korea; they have no friends left that will protect them from the international community’s efforts to move towards denuclearisation."

Even Burma had said it intended to implement the new UN resolution, she said.

Mrs Clinton outlined benefits for North Korea if it ends its nuclear activity.

"Full normalisation of relations, a permanent peace regime and significant energy and economic assistance are all possible in the context of full and verifiable denuclearisation."

Before she spoke, the spokesman for North Korea’s delegation in Phuket, Ri Hung Sik, attacked Washington’s "deep-rooted hostile policy" and said there would be no return to the six-party talks until US policy changes.

Separately, a spokesman in Pyongyang described Mrs Clinton as a "funny lady" – responding to her comments that North Korea’s behaviour was that of an unruly child.

"Her words suggest that she is by no means intelligent," the spokesman said, quoted by state news agency KCNA.

"Sometimes she looks like a primary schoolgirl and sometimes a pensioner going shopping. Anyone making misstatements has to pay for them."</p


This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

US piles pressure on Burma regime

The flags of nations attending the Asean conference

US officials have had a rare meeting with representatives of Burma’s regime.

Unnamed officials told reporters that efforts to improve ties depended partly on the outcome of democracy leader Aung San Suu Kyi’s trial.

The US also pressed Burma to enforce a United Nations resolution imposing an arms embargo on North Korea.

The US Secretary of State Hillary Clinton has been on the diplomatic offensive ahead of a regional meeting now under way in Thailand.

Earlier in her trip to Thailand, she issued warnings about how a nuclear North Korea was unacceptable to the United States, and expressed concerns about the possible transfer of nuclear technology from North Korea to Burma.

The wrong road

Mrs Clinton called for the release of Ms Suu Kyi from many years of detention.

"If she were released, that would open up opportunities… for my country to expand our relationship with Burma, including investments in Burma," Mrs Clinton said.

Hillary Clinton arrives in Phuket (22.7.09)

This point was reinforced in the face-to-face meeting between US and Burmese officials on Wednesday night, US officials said.

They said they had told Burma that "the outcome of the trial of Aung San Suu Kyi would affect our willingness and ability to take positive steps in our bilateral relationship".

Mrs Clinton was not present at the meeting with Burmese officials, and said she did not intend to appear at a possible meeting with North Korean officials either.

She told reporters that the US is convinced that Burma is taking the wrong road by associating with North Korea.

Mrs Clinton also told reporters that North Korea must completely and irreversibly end its nuclear weapons program or face further isolation and "the unrelenting pressure" of international sanctions.

She said there were more positive ways ahead if the North chooses, and she is expected to announce conditions in which the North will be welcomed back into international discussions later on Thursday.

Symbols matter

Meanwhile, Mrs Clinton signed a symbolically important treaty with members of Asean.

The Treaty of Amity and Co-operation binds the US more closely into the regional security architecture – something previous US administrations had fought shy of.

"I want to send a very clear message that the United States is back, that we are fully engaged and committed to our relationships in South East Asia," she said before the signing the treaty in the resort of Phuket.

Mrs Clinton’s predecessor Condoleezza Rice skipped two Asean forums, leading analysts to remark on how China was gaining friends and influencing people in the perceived US absence.

Mrs Clinton also said the Obama administration would soon appoint a permanent ambassador to Asean headquarters in Jakarta.

Asean comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Burma, the Philippines, Singapore, Thailand and Vietnam.</p


This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Clinton: “Irreversible Denuclearization” Only Option For North Korea

PHUKET, Thailand – U.S. Secretary of State Hillary Rodham Clinton says “irreversible denuclearization” is the only viable option for North Korea.

Attending an Asian security conference, Clinton said China, Japan, Russia and South Korea were a…

Burma-N Korea ties ‘of concern’

Burmese Foreign Minister Nyan Win (L) reads documents during the Asean meeting in Phuket

Indonesia’s foreign minister has said Burma’s elections cannot be free and fair unless detained opposition leader Aung San Suu Kyi is free.

Hasan Wirayuda was speaking as regional foreign ministers gathered in Thailand for an Association of South East Asian Nations (Asean) Regional Forum.

US Secretary of State Hillary Clinton is on her way to the security forum.

Asean has a policy of non-interference in members’ affairs, but Burma has provoked widespread censure.

Indonesia has led Asean concerns about Burma, telling correspondents that the group has become frustrated at the lack of progress on democratic reforms.

Mr Wirayuda said the recent trial of Ms Suu Kyi had dashed hopes of a meaningful election scheduled for next year.

A new human rights body created by Asean, lambasted by regional activists as lacking any enforcement power, was almost scuttled over the weekend when an increasingly assertive Indonesia sought to strengthen its provisions.

Inclusive

"We have been saying to them [Burma] directly that the process must be inclusive for all groups in society … including Aung San Suu Kyi," Mr Wirayuda told The Associated Press in a reference to Burma’s planned poll.

"We should see whether from now until 2010 they develop a credible process leading to truly democratic elections acceptable to the international community," he said.

US Secretary of State Hillary Clinton in India, 20 July

He said the "big test" will be whether the regime’s promised elections next year are truly "multiparty, meaning inclusive in nature, but also whether the process is a democratic one."

He said Asean has been "able to develop a more open, frank discussion" with Burma, while admitting it was hard to see if all the talk made any difference inside the country.

He was speaking after United Nations Secretary-General Ban Ki-moon made a fruitless trip to Burma, during which he was not allowed to visit Ms Suu Kyi.

Clinton in Thailand

US Secretary of State Hillary Clinton said six months ago that the US was reviewing its policy towards Burma as sanctions did not appear to be successful in forcing change.

However, on this, her first trip to an Asean meeting, analysts have noted that there has been no hint of a new policy.

Instead, the talks are expected to focus on finding ways to push North Korea back to the negotiating table.

Six-party talks aimed at ending the North’s nuclear programmes stalled last year, and since then the North has set off nuclear and missile tests amid questions over the leadership as Kim Jong-il’s health has worsened.

Asean leaders have expressed satisfaction that a figure as senior as Mrs Clinton is at last gracing the regional forum with her presence. In recent years, more junior officers have been sent, leaving the delegate from China, a growing influence in the region, to be the key figure at the talks.

Mrs Clinton will meet Thai Prime Minister Abhisist Vejjajiva and the Thai foreign minister in Bangkok before joining the forum in Phuket.

Another challenge at the regional talks will be for Thailand – it has had to cancel regional summits twice since December due to domestic political turmoil. </p


This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Krishna leaves for Thailand to attend India-ASEAN Ministerial meeting

External Affairs Minister S M Krishna left for Phuket, Thailand on Tuesday to attend the three-day Association of South East Asian Nations (ASEAN) and East Asia Summit.
Speaking to reporters, Krishna said that India’’s participation in the ASEAN meet and the East Asia Summit is an important element of the country’’s ”Look East” policy.
“India shares civilizational [...]