What's new in business news: February 13, 2014 (app links) | Bangkok Post: learning

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What's new in business news: February 13, 2014 (app links)

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India rice exports climb to record high, pledged rice stocks damaged by floods, fire & valentines gifts for lovers, digital & cheap. 

A young man checks out a selection of Valentine’s Day gifts at Pak Khlong Talat, Bangkok’s biggest flower market. Traders say roses are selling at lower prices this year of 20-80 baht each and 150-250 baht a bunch, depending on the size of the bloom. Apichart Jinakul

AGRICULTURE 

India rice exports climb to record high

Bloomberg News agency

Rice shipments from India, the world’s largest producer of rice after China, will probably expand to a record high this year as buyers from Iran to Saudi Arabia boost purchases of aromatic basmati grain used in biryani and pilaf dishes. Exports are set to increase 7.8% to 11 million metric tons in the 12 months through March from a year earlier, with sales of basmati jumping 14% and non-basmati varieties 4 percent.  India supplies 65% of the overseas basmati rice market, while Pakistan accounts for the rest. Saudi Arabia and Iran are the two major buyers of Indian basmati, while Africa is a major destination for non-basmati varieties.

Shipments are increasing from India as Thailand, once the world’s biggest supplier, is also set to boost exports. The Southeast Asian country has built record stockpiles big enough to meet about a third of global import demand under a high-priced buying program that started in 2011. Farmers are demanding the government sell the stockpile to pay for their crops delivered last year.

The price of Thai 5% broken white rice, a benchmark grade, fell 23% in 2013, the most in at least five years, and was at $460 a ton yesterday. A slump to US$370 by March is possible as grain is offloaded from state granaries. Thailand may not be able to find enough buyers for its stockpiles because major importers in Africa and the Philippines increasingly prefer grain from Vietnam and India. The United States Department of Agriculture expects Thai inventories to reach a record 14.7 million tonnes this year, compared with 6.1 million in 2010. 

[Read full story demand" >here ]

AGRICULTURE 

Pledged rice stocks damaged by floods, fire

Caretaker Deputy Commerce Minister Yanyong Phuangrach yesterday conceded about 10 small warehouses where pledged rice was stored were found to have been damaged by fire and floods. The problem allegedly happened only with the warehouses in Uthai Thani, Lop Buri and Phetchabun, which housed rice pledged in 2011 and 2012 with the rice pledged from last year not being affected.

A fire broke out at a rice warehouse in Lop Buri’s Chai Badan district on Tuesday, which caretaker Deputy Commerce Minister Nattawut Saikuar said damaged about 200 sacks of rice. The incident raised suspicions there might be an attempt to cover up alleged irregularities in the government’s rice-pledging scheme.

Representatives of a rice farmer network yesterday submitted information involving alleged irregularity in the government’s rice pledging scheme to the National Anti-Corruption Commission (NACC). Five rice mills allegedly committed misconduct, and information about them has been submitted to the NACC. 

[Read full story here ]

Technology

Digital Valentines gifts for lovers, on a shoestring

While many think that Valentine's Day surprises and gifts for loved ones need to be expensive, some creative digital gift ideas can help make your Valentine's Day romantic and special — and they cost very little money or are even free.

Infinite Square has an app that lets you choose flowers in a selection of photos, add your own words and send a flowery message to your sweetheart. Line and WeChat are also introducing free and paid stickers for Valentine's Day. Absolute Play and Hua Lampong, makers of popular photo-sharing mobile apps, are offering a bunch of sticker sets and photo frames for Valentine's Day to let users decorate photos and share them with their lovers. Key features include decorating photos using filters, stickers, frames and text, expressing feelings and sharing humour over the many supported social networks such as Facebook, Twitter, Google and Instagram. The Molome app by Hua Lampong lets you grab your phone, shoot a photo, decorate it using photo tools and share it with friends and family.

For those who want to make a special meal or dessert, Microsoft has the Bing Food & Drink app for exploring recipes, choosing wine and cocktails, and learning tips from celebrity chefs. For film buffs, Major Cineplex's Major Movie Plus app and SF Cinema's SF Showtimes in Hand app let moviegoers book tickets in advance to avoid long queues. GrabTaxi, an automated location-based app, maps your taxi's route and estimates the fare. Users get immediate confirmation of the driver's name, plate number, picture and phone number.

[Read full story here ]

Learn from listening

Click "play" to listen to What's new in business news: February 13, 2014 (app links) and "Download" to keep this file for educational purpose.

Vocabulary:

account for: to be a particular amount or part of something -

allegedly: stated without giving complete proof - ที่ถูกกล่าวหา

application (app): a program designed to do a particular job; a piece of software - โปรแกรมใช้งาน, โปรแกรมคอมพิวเตอร์

aromatic: having an especially good smell - มีกลิ่นหอม

attempt: when a person tries to do something or achieve some goal, makes an effort to do it - ความพยายาม

automated: done by machines or equipment instead of people - ปฏิบัติการหรือควบคุมโดยขบวนการอัตโนมัติ

base: to use an idea, a fact, a situation, etc. as the point from which something can be developed - วางรากฐาน

benchmark: a standard that other things can be compared to, for example, to calculate prices - ตัวเปรียบเทียบ; การวัดเปรียบเทียบสมรรถนะเกณฑ์มาตรฐานหมายถึง การทดสอบเพื่อวัดความสามารถในการประมวลผล หรือการทำงานของ โปรแกรมใดโปรแกรมหนึ่ง หรืออุปกรณ์คอมพิวเตอร์ชนิดใดชนิดหนึ่ง โดยเทียบเคียงกับเกณฑ์มาตรฐาน

bloom: a flower (usually one on a plant that people admire for its flowers) - ดอกไม้

book: to buy a ticket in advance; to arrange to have or use something on a particular date in the future - จอง

boost: to increase - เพิ่ม

break out: (of something bad) to start - เริ่มต้นทันที

broken: become apart - แตกหัก

buff: a hobbyist; a person who has some activity as a hobby -

bunch: a large amount of something; a large number of things or people - จำนวนมาก

bunch: a number of things of the same type which are growing or fastened together - กลุ่ม,ช่อ,พวง

caretaker: in charge for a short time, until a new leader or government is chosen - รักษาการ

celebrity: someone who is famous, especially in the entertainment business - คนมีชื่อเสียง

check out: look at something to see what it is and whether they are interested in it -

chef: a professional cook, especially the most senior cook in a restaurant, hotel, etc. - คนครัว,หัวหน้าครัว

cinema: movie theater, movie house - โรงภาพยนต์

commerce minister: the minister in charge of the Commerce Ministry - รัฐมนตรีว่าการกระทรวงพาณิชย์

concede: to admit that something is true - ยอมรับว่าถูก

confirmation: a statement, letter, etc. that shows that something is true, correct or definite - การยืนยัน

cover up: an action that is taken to hide a mistake or illegal activity from the public - การปกปิด, การปิดป้อง

creative: involving a lot of imagination and new ideas - ซึ่งมีความคิดริเริ่ม, ซึ่งมีความคิดสร้างสรรค์

damage: to harm or spoil something/somebody - ทำความเสียหาย

deliver: to take goods, letters, etc. to the people they have been sent to - ส่ง

demand: the need and desire of people to buy goods - อุปสงค์

deputy: a person who is given the power to do something instead of another person, or the person whose rank is immediately below that of the leader of an organisation - รอง, ตัวแทน,ผู้รักษาการแทน

dessert: sweet food eaten at the end of a meal - ของหวาน, ขนมหวาน

destination: the place where someone or something is going - จุดหมายปลายทาง

dish: food prepared and cooked in a particular way - อาหาร

estimate: an amount that you guess or calculate using the information available - ประมาณการ

expand: to make or become larger - ขยาย

explore: to examine something completely or carefully in order to find out more about it - สำรวจ,ตรวจ

export: something sold and transported to another country - สินค้าออก

express: to tell someone about a feeling, opinion, or aim by speaking or writing about it - แสดงออก (ทางความคิดหรือความรู้สึก) โดยใช้คำพูดหรือการเขียน, พูดออกมา

fare: the money that you pay for a journey - ค่าโดยสาร

feeling: an emotional condition or state that a person is in such as anger or happiness - ความรู้สึก, อารมณ์

gift: something that you give to someone as a present - ของขวัญ

global: world - เกี่ยวกับโลก

grab: to take or hold somebody/something with your hand suddenly, firmly or roughly - จับ,ฉวย,คว้า,แย่ง

grade: a level of quality of importance; class, rank, standard - ระดับ, ระดับคะแนน, เกรด

grain: the small hard seeds of food plants such as wheat, rice, etc; a single seed of such a plant - เมล็ดข้าว, เมล็ดพืช

granary: a barn; a place where rice, wheat or some other grain is stored - ยุ้งฉาง, ยุ้ง, ฉาง

immediate: happening or done now, without any delay - ทันทีทันใด

import: to buy or bring in products from another country - นำเข้า

in advance: before the time that is expected; before something happens - ล่วงหน้า

incident: something that happens, usually something bad - เหตุการณ์

inventory: the products kept in a shop, warehouse, etc., in this case, unsold cars - สินค้าที่จัดเก็บในสต๊อก

irregularity: a situation in which the rules, laws, or usual ways of doing things have not been followed - การปฏิบัติที่ไม่เป็นไปตามระเบียบปกติ

license plate: the metal plate on the front and back of a car and motorcycle that identifies it - ป้ายทะเบียนรถ

location: where someone or something is - ที่ตั้ง,ทำเล

loved ones: the people you love: parents, children, family, girlfriend, boyfriend, etc .... -

major: very large or important - สำคัญมาก

metric: a way of measuring something -

mill: a building fitted with machinery for crushing or grinding something - โรงสี

misconduct: unacceptable or bad behaviour by someone in a position of authority or responsibility - การประพฤติผิด

National Anti-Corruption Commission: An independent government organisation to investigate corruption carried out by government officials - ปปช. (สำนักคณะกรรมการป้องกันและปราบปรามการทุจริตแห่งชาติ)

network: a large system of connected parts, organisations, people, etc. - เครือข่าย

offload: get rid of something you don't want to have -

on a shoestring: using little money; costing little; cheap; inexpensive -

overseas: in another country - ต่างประเทศ

plate: a flat piece of metal with some information, design, etc. on it - แผ่นโลหะ

pledge rice: to sell rice to the government at a particular price, with the right to reclaim the rice if the market price goes higher - จำนำข้าว

prefer: to like or want more than anyone or anything else - ชอบมากกว่า

producer: a person who makes the practical and financial arrangements needed to make a film, play, television or radio programme - ผู้อำนวยการสร้างภาพยนต์, ผู้ผลิต

producer: a person, a company or a country that grows or makes food, goods or materials - ผู้ผลิต

purchase: something that has been bought - ของที่ซื้อมา

queue: a line of people waiting for something - คิว

recipe: a set of instructions for cooking or preparing a particular food - วิธีปรุง, ตำรากับข้าว

record: the best or most ever achieved - สถิติ

representative: someone who has been chosen or elected by a person or group to vote, give opinions, or make decisions for them - ผู้แทน

rest: the remaining amount, outside of what has been used - ส่วนเหลือ

rice-pledging scheme: a government programme in which farmers sell rice to the government at a particular price, with the right to reclaim the rice if the market price goes higher - โครงการจำนำข้าว

romantic: believing that things are more exciting or better than they really are, dreamy, idealistic, overuse of imagination - เพ้อฝัน, ในอุดมคติ, เต็มไปด้วยจินตนาการ

rose: a popular flower that expresses love, usually red - ดอกกุหลาบ

route: the roads, paths, waterways, etc., used to go from one place to another - เส้นทาง

sack: a large strong bag for storing and carrying things - กระสอบ, ถุงขนาดใหญ่

selection: a number of people or things that have been chosen from a larger group - ผู้ที่ได้รับการคัดเลือก, สิ่งที่ถูกเลือก

share: to have or use something at the same time as someone else - ใช้ร่วมกัน

shipment: a load of goods that are sent from one place to another - ปริมาณสินค้าที่ขนส่งในครั้งหนึ่ง ๆ

shoot: an occasion when somebody takes professional photographs for a particular purpose or makes a film/movie - การถ่ายภาพ

slump: to fall suddenly - ตกต่ำมาก

state: government - รัฐบาล

sticker: a sticky label (paper, plastic, etc.) with a picture or message on it, that you stick onto something - สติ๊กเกอร์

stockpile: a large collection of things that may be needed - สิ่งที่เก็บสะสมไว้ คลังสินค้า

stockpile: to collect large amounts of things that may be needed - เก็บสะสมไว้ใน

submitted: formally given to someone so they can make a decision about it - ยื่นเอกสารเพื่อการพิจารณา

supplier: a person or company that supplies goods - ผู้จัดหาสิ่งของให้, ผู้ผลิตสินค้าและวัตถุดิบ

supply: to provide somebody/something with something that they need or want, especially in large quantities - จัดหาให้, จัดส่งให้

suspicion: a belief that a crime has been committed - ความสงสัย

tip: a small piece of advice about something practical - คำแนะนำ

trader: someone who buys and sells things - ผู้ค้า

variety: a type of a thing, for example a plant or language, that is different from the others in the same general group - ประเภท ชนิด หรือลักษณะ

warehouse: a large building for storing things - โกดังสินค้า, คลังสินค้า, โรงพัสดุ

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