Thursday, July 16, 2009

Kuala Lumpur Visa Run

My visa has expired so I am off to KL next week to get a new one from the Thai Embassy. As my wife is Thai this is usually a fairly easy process. I will apply for a 1 year multiple entry non immigrant visa the documents required included copies of marriage certification, wife's ID card, house registration book, passport and photocopy. I will also take my son's birth certificate as he was born in Bangkok and has dual nationality, a Thai and UK passport. I am flying with Air Asia and the total cost return from Bangkok including taxes, selected seat, bus to city and a chicken sandwich comes in at only 3,800 THB.
I've booked into the Tune Hotel in KL city a new budget hotel so will report back on that next week www.tunehotels.com


Fasthosts update

Managed to get hold of fasthosts support and it turns out the sitebuilder is not supported on the latest version of firefox. Once loaded in inernet explorer it works. Slightly annoying when you add content as it appears blank and you have to highlight and change the font colour each time but I've got a feeling there is way round this - time will tell! Added a few pages to the onlinefxtrading.org site and Smart Traffic SEO Company are considering it for their free link partner (FLP) program. If approved then it will benefit from monthly themed links which will increase it's visability in the search engines. If you want to find out more about the FLP program contact David Friend at Smart Traffic via email david.friend@smart-traffic.co.uk

Tuesday, July 14, 2009

Website Hosting & Site builders

In the process of building a new website and have opted to use fasthosts for the hosting and am using their built in sitebuilder for the design you can see the site here www.onlinefxtrading.org

For www.villarentalspattaya.com I bought a domain name and hosting package from GoDaddy which includes a sitebuilder called website tonight. However if you use any of their sitebuilders you will not get ftp access. I have now bought a seperate hosting account from them and will have to use an external sitebuilder so am currently trialing some I found online.

With the anatta property site I use the built in sitebuilder provided by hostgator which I am really impressed with however i'm not sure if you can purchase the software seperatly. It is provided by Parallels and seems to be a product only for hosting companies.

Monday, July 13, 2009

Khao Kheow Open Zoo Chonburi

Had a great trip to the Khao Kheow open zoo on Sunday with the family and will post some pics when I get the time. Now I'm a dad I think I will become an expert on Thai zoos in the years to come!. We were staying at the house in Pattaya for the weekend and and the zoo is only about a 30 minute drive away. It is located in a remote and beautiful part of the country and we took the opportunity to hire a buggy so that we could be nearer to the animals. 2 hours buggy rental costs 300 baht and its pretty easy to pick up if you haven't driven one before. - Highly recommended

Zoos visited this year Chiang Mai, Dusit, Khao Kheow...

You can find some details regarding Thailand's Zoos here http://www.zoothailand.org/en/main.php.

Saturday, July 11, 2009

Thai Built Toyota Camry Hybrid Launch

Toyota Motor Thailand unvieled the new hybrid Toyota Camry recently at the Dusit Thani hotel. The company has suspended production of the petrol only version in anticipation of the roll out and is hoping to sell 1,000 new cars a month. This locally built enviromentally friendly car is run on both gasoline and electric. The governement is pushing companies to adopt more green technologies and alternative energy sources to reduce the reliance on oil and reduce the impact on the enviroment.


Happy Birthday HRH Princess Soamsawalee

Anatta Property joins the people of Thailand to humbly wish Her Royal Highness Princess Soamsawalee a very Happy Birthday on Monday 13th July

Swine Flu Update

Pattaya City

The entertainment area has beeen declaired virus-free and no new cases of flu have been reported.

Nationwide

Out of 2272 cases only 35 patients have been hospitalised and none are in critcal condition.

Data correct as of 6th July 2009

Friday, July 10, 2009

Consumer confidence boosts Thai property stocks

Thailand´s second-largest developer Preuksa Real Estate led a surge in stocks yesterday as the Consumer Confidence Index (CCI) rose for the first time since January – an indication that residential sales could be on the upswing.

The company´s shares rose 4.3 percent to Bt8.45m in trade worth about Bt12m.

Land & Houses, the country´s largest developer, also made gains climbing 4.3 percent to Bt4.9 – putting an end to a four-day slide that saw it lose 10 percent of its value.

Asian Property Development also increased its share advancing 2.4 percent to Bt4.30, its biggest increase since June 19.

Property stocks rose following a survey by the University of the Thai Chamber of Commerce (UTCC), which saw the CCI increase to 72.5 points in June from a static 71.5 points in May.

A score below 100 indicates a gloomy outlook, however, it is the first time in five months that the index has moved in a positive direction. Figures are based on a nationwide survey of 2,245 respondents.

CCI figures for the economy (65.4), employment opportunities (64.7) and future income (87.4), all made small gains – edging up from 64.3, 63.8 and 86.8 respectively.

“The rebound is based on hopes that the situation will improve after parliament authorised the government to borrow Bt800m for its [2010-12] stimulus package,” said Saowanee Thairungroj, vice president of UTCC´s research division.

http://www.property-report.com/property-news-printer-version.php?file=aprarchives&id=2669

Interest Rates Announcement - BOE

Bank of England Maintains Bank Rate at 0.5% and continues with £125 Billion Asset Purchase Programme

The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to continue with its programme of asset purchases totalling £125 billion financed by the issuance of central bank reserves.

http://www.bankofengland.co.uk/publications/news/2009/059.htm

Currency News: Great British Pound

Bloomberg: Britain Currency to Crumble
Tuesday, July 7, 2009 3:33 PM

By: Elaine Barr

Harvard professor Niall Ferguson sees the handwriting on the wall with Britain’s currency, and he doesn’t like what he sees.

“The probability of a real sterling crisis is around one in three, and the probability of major tax hikes and cuts in public spending is roughly one in one,” the British financial historian told Bloomberg Markets.

The deterioration of the U.K.’s public finances already has prompted Standard & Poor’s to warn on May 21 that the country could lose its AAA rating.

Another ominous sign: Chancellor of the Exchequer Alistair Darling said the government’s 2009 deficit would hit 12.4 percent of GDP.

Nigel Lawson, former chancellor of the Exchequer under Margaret Thatcher from 1983 to 1989, agreed with Fergueson’s outlook. He said Britons can expect to face spending cuts in coming years in all areas, including Social Security and healthcare.

“Our public finances are easily the worst we’ve ever had in peacetime. The amount of borrowing the government will have to do as a result of the deficit is very worrying,” Lawson said.

Andrew Bosomworth of Pacific Investment Management Co. goes even further with his prediction. “In a worst-case scenario, there could be a run on the currency.”

To head off a crisis, Lawson urged Britain’s next leaders to make deep cuts in government spending right away.

Ferguson sees no alternative to severe cuts.

“It has to happen. This kind of red ink implies both spending cuts and tax hikes that could make the 1980s look like a teddy bear’s picnic,” he said.


Source: Bloomberg/Moneynews.com

http://moneynews.newsmax.com/financenews/s.../07/232876.html

Thursday, July 2, 2009

BTS Extension - Bangkok

The BTS Extension (skytrain) is coming along well and I see the progress as I drive down the Sukhumvit Road on my way home from work. Investment oppportunites still exist in the areas that will now be covered by the new line and some more details can be found here in the property report.

House for sale in Pattaya

I currently live in Bangkok, Thailand in a 3 bedroom townhouse which was built by Sansiri who are a well regarded property company. Since moving to Bangkok for work we have decided to sell our house in Pattaya but it is also available for rent full details can be found here. It is located in the exclusive Siam Royal View development just of the Sukhumvit Road. You can find all the houses for sale or rent in this development on the website plus details of the remaining land plots.