Author: Ashley Wings
SYDNEY, Sept 30 (Reuters) – Australia on Monday slightly cut its commodity and energy export revenue forecasts as broad-based commodity price falls and a stronger currency continue to weigh on key government revenue sources. Australia now expects commodity export revenue to fall to A$372 billion ($256 billion) in the year ending June 30, 2025, down about 10 percent from the A$380 billion forecast in June, according to its official raw materials and energy quarterly report. Revenues reached A$415 billion last year. The decline is expected to continue, albeit more slowly, through 2026, reaching A$354 billion. Slowing economic growth in developed…
September 28 (Reuters) – Open a new tab Buyout firm TPG (TPG.O) has emerged as the front-runner to acquire a $2 billion minority stake in Creative Planning, a deal that could swell the asset management company’s value to more than $15 billion, people said on Saturday. The deal marks TPG’s second bet on asset managers in the past week, highlighting growing demand for deals in the sector that generates lucrative fee income for managers. On Thursday, TPG inked a deal to buy a minority stake in Omrich Berg. San Francisco-based TPG is expected to be the winning bidder in an…
When planning a trip to Thailand, Krabi and Phuket are two of the top destinations for travelers seeking sun, sea, and adventure. Each offers a unique experience, so it’s important to know what makes them distinct. Here are eight essential things to know about Krabi and Phuket travel to help you make the most of your vacation. 8 Things to Know About Krabi and Phuket Travel 1. Location and Accessibility Both Krabi and Phuket are located along the Andaman Sea on Thailand’s west coast, but they differ in terms of accessibility. Phuket is an island connected to the mainland via…
When planning a trip to Thailand, travelers often find themselves deciding between two of the country’s most popular destinations: Krabi and Phuket. While both locations offer stunning beaches, exciting activities, and unique experiences, they cater to different types of travelers. Here are the main differences between Krabi and Phuket to help you choose the perfect destination for your vacation. 1. Atmosphere: Tranquility vs. Liveliness Krabi: A Peaceful Getaway Krabi is known for its calm, relaxed atmosphere. With fewer crowds, Krabi offers a peaceful environment, perfect for travelers seeking relaxation, nature, and quiet. The slower pace allows visitors to enjoy the…
ZURICH, Sept 29 (Reuters) – UBS (UBSG.S) Chairman Colm Kelleher warned on Sunday that the Swiss government’s plans to raise capital requirements for big banks could damage the country’s status as a financial centre. Earlier this year, the government presented plans to tighten capital requirements for UBS and the other three biggest Swiss banks to boost the health of the financial sector after Credit Suisse’s collapse last year. Writing in Swiss newspaper Sonntagsblick, Kelleher said he agreed with most of the government’s 22 recommendations, except for the proposal to tighten capital requirements. “The really big issue for me is the…
Choosing between Krabi and Phuket for your next Thai getaway can be tough, as both destinations offer beautiful beaches, vibrant cultures, and unique experiences. However, there are key differences that set these two travel hotspots apart. Let’s dive into the 4 major differences in travel experiences: Krabi vs. Phuket to help you make the best choice for your vacation. 1. Beaches: Tranquil and Scenic vs. Lively and Popular Krabi: Secluded, Pristine Beaches Krabi is famous for its secluded, pristine beaches that are often less crowded than those in Phuket. From the dramatic limestone cliffs of Railay Beach to the peaceful…
Phuket and Krabi are two of Thailand’s most popular travel destinations, but they offer different experiences to visitors. Whether you’re seeking lively nightlife, beautiful beaches, or thrilling adventures, both regions have something special to offer. Here’s a look at six unique features that set Phuket apart from Krabi. 6 Unique Features of Phuket Compared to Krabi 1. Phuket’s Vibrant Nightlife Scene When it comes to nightlife, Phuket offers a much more energetic and varied experience than Krabi. Patong Beach, the island’s nightlife hub, is famous for its neon-lit streets, beach clubs, bars, and nightclubs. Bangla Road comes alive after dark…
A Rawai father has gone public with his frustration after his 6-year-old son was brutally attacked by classmates at Wat Sawan Arom school and agreed not to receive compensation. The incident occurred on August 18, when the 32-year-old father reported to Chalong police that his son had been tied up, stripped naked and assaulted by two or three girls. They tied the boy’s hands, removed his shirt, pulled his trousers down to his ankles and used rubber sandals to hit his back, body and head, injuring him. A video of the attack, apparently filmed by one of the attackers, shows…
Krabi and Phuket are two of Thailand’s most beautiful destinations, each offering stunning beaches and unforgettable experiences. However, if you’re trying to choose between them, Krabi might just edge out as the better destination for many travelers. Here are the top 7 reasons to visit Krabi over Phuket. 1. Serene and Less-Crowded Beaches H3: Experience Tranquil Beaches Unlike Phuket, which is known for its bustling beaches like Patong and Kata, Krabi offers more serene and peaceful spots. Beaches like Railay, Phra Nang, and Ao Nang are often less crowded, allowing you to fully relax in a pristine natural setting without…
Krabi vs Phuket: 5 Key Differences for Travelers Krabi and Phuket are two of Thailand’s most popular tourist destinations, each offering its own unique charm. While both boast stunning beaches, crystal-clear waters, and exciting activities, they cater to different types of travelers. Here are five key differences between Krabi and Phuket travel that can help you decide which destination suits your needs. 1. Size and Accessibility Phuket: Thailand’s Largest Island Phuket is Thailand’s largest island and is more developed than Krabi. It has an international airport that connects to many global destinations, making it highly accessible. The island also has…