What's new in business news: July 9, 2014

What's new in business news: July 9, 2014

Rice warehouse struck by fire 3 times, Myanmar sells $3 billion in gemstones & call for junta to deal with problem taxis.

Many rice sacks lie scattered during an inspection by authorities at a warehouse in Nakhon Si Thammarat’s Thung Song district. The warehouse has caught fire three times – once in 2011 and twice in February and April this year. NUCHAREE RAKRUN

RICE

Rice warehouse struck by fire three times

A warehouse in Nakhon Si Thammarat was found to be damaged by fire during a survey by inspectors yesterday. The warehouse stored 60,068 sacks of rice weighing 100kg each. The stockpile of rice was scattered about and a vast amount of rice was damaged by fire. The warehouse had caught fire three times on Mar 4, 2011, Feb 21, 2014 and April 5, 2014. The blazes were caused by a chemical reaction between aluminium phosphide and humidity.

After warehouse inspections in Suphan Buri no rice was found to be missing and rice sacks were stacked up neatly, showing that there are some good warehouses that could be used as models for others nationwide.

More than 100 teams are inspecting rice stocks at 1,800 warehouses nationwide, checking the amount and quality of the rice against official government records. The amount of rice in government stockpiles is a key issue in the pending corruption case against former prime minister Yingluck Shinawatra. As well as pledged rice that has been lost, the quality of rice must also be examined. Damaged rice may have been caused by leaked water, weevils or improper fumigation.

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GEMSTONES

Myanmar sells $3 billion in gemstones

8/07/2014
dpa News agency

Myanmar's annual gem emporium had record sales this year. Sales reached the highest level since Myanmar started to hold annual gem sales in 1964. The auction of jade, gemstones and pearls generated income of $3.4 billion The emporium earned around $2.4 billion dollars last year, which was the highest in recent decades.

Improved access to the country and a rise in the price of jade has boosted gem sales revenue recently. This year's jade price was more than 20% higher than last year. An uncut lump of jade weighing nearly a quarter of a metric ton failed to make its starting price of $82 million dollar. No one dared to buy such a precious stone. Over 4,000 traders from Thailand, China, Hong Kong, and Japan attended the emporium this year.

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TRANSPORTATION

Call for junta to deal with problem taxi drivers

9/07/2014

The National Council for Peace and Order (NCPO) has announced a plan to reform and organise public transport. Bad service from some Bangkok taxi drivers is an issue that needs to be addressed. Professional and well-behaved taxi drivers may even be the norm, but there are many complaints heard everyday about bad taxi service.

Taxis at Suvarnabhumi Airport airport are a big business. Many taxis wait for passengers and because there are so many taxis in the queue, drivers can wait for three to four hours for their turn. Waiting for a long time makes them expect a big fare to make it worthwhile. If the destination is a short ride away, some taxi drivers can get upset. Some complain all the way, some vent their anger by driving dangerously, while others are simply rude. If they could kick the passenger out, they would do it, promptly. Not all taxi drivers do this, but most of them do. At the airport, many drivers expect to take foreign passengers who may be planning onward trips. Heavy tips from such tourists makes short-distance local passengers not worth the fare. Some drivers think a passenger is a foreign tourist and rush to help them to carry their bag, but once they learn that the person is a local Thai, they treat them as if they were invisible. The Airport Rail Link luckily does not suffer from this problem. 

Mor Chit Bus Terminal in Bangkok suffers from similar taxi driver problems as Suvarnabhumi airport. Many drivers won’t charge according to the meter, saying the destination is far beyond their taxi service. However, if a person is assertive and confident and acts like they know the place like the back of their hand, they can often control such drivers. Mor Chit on Monday mornings presents special problems, as all drivers know that the terminal will be flooded with tourists and people from the provinces returning to work in Bangkok. So, the passenger queues are incredibly long with a handful of cabs trickling in. Other taxis wait outside the terminal, looking for passengers in a hurry to drive a hard bargain.

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Vocabulary

  • access: the ability or opportunity to enter a building or place - สิทธิ์เข้าสู่ โอกาสในการเข้าสู่
  • access: the possibility of entering a place - ทางเข้า
  • address: to try to deal with a problem or question - จัดการกับปัญหา
  • announce: to tell people something officially, especially about a decision, plans, etc - ประกาศ, แจ้ง, แจ้งให้ทราบ
  • annual: happening every year - ทุกๆปีด, ประจำปี
  • assertive: behaving in a confident way in which you are quick to express your opinions and feelings - ซึ่งยืนยันอย่างมั่นใจ
  • attend: to go to an event, such as a meeting, a show, a sports competition, etc. - เข้าร่วม (ในการประชุม, งานต่าง)
  • auction: a usually public sale of goods or property, where people make higher and higher bids (= offers of money) for each thing, until the thing is sold to the person who will pay most - การขายโดยการประมูล, การขายทอดตลาด
  • authority (noun): a person or government agency who has the power to make decisions or enforce the law - เจ้าหน้าที่ผู้มีอำนาจ
  • blaze: a fire - เพลิง
  • boost: to increase - เพิ่ม
  • case: a matter that is being officially investigated or heard by a court - คดี
  • charge (noun): a payment or fee for something - ค่า
  • check: to look at something written or work that has been done and make sure it is correct - ตรวจ, ตรวจสอบ,
  • chemical reaction: a process in which a chemical change happens - ปฏิกิริยาเคมี
  • complain: to say that you are annoyed, unhappy or not satisfied about somebody/something - บ่น, ร้องทุกข์
  • complaint: when someone says that something is wrong or not satisfactory - การบ่น, ข้อที่ไม่พอใจ
  • confident: being certain of your abilities or of having trust in people, plans, or the future - มั่นใจ
  • damage (verb): to harm or spoil something/somebody - ทำความเสียหาย
  • decades: periods of ten years - เป็นสิบๆปี
  • destination: the place where someone or something is going - จุดหมายปลายทาง
  • distance (noun): the amount of space between two places or things; being far away - ความห่างไกล
  • drive a hard bargain: be tough in negotiating a price, so in the end they get the price they want -
  • emporium: a place where things are bought and sold, a large market or store -
  • examine: to look at somebody/something closely, to see if there is anything wrong or to find the cause of a problem - ตรวจ
  • fare: the money that you pay for a journey - ค่าโดยสาร
  • flood: a large amount or number of something - จำนวนมาก
  • former: of or in an earlier time; before the present time or in the past - อดีต, แต่ก่อน
  • fumigation: using special chemicals, smoke or gas to destroy the harmful insects or bacteria in a place - อบควัน, รมควัน
  • gem: a jewel (= precious stone), especially when cut into a particular regular shape - อัญมณี, เพชรพลอย
  • gemstone: a precious stone such as a diamond or rub that has been specially cut and polished so it can be worn as jewelry - เพชรพลอยที่ยังไม่เจียรไน
  • generate: to produce - ผลิต, ก่อให้เกิด
  • humidity: the amount of water that is present in the air - ความชุ่มชื้น
  • hurry (verb): going fast, doing something quickly - รีบ, รีบเร่ง, รีบไป
  • improper: not suited or appropriate to the situation - ไม่เหมาะสม ไม่สมควร
  • income: money that someone gets from working or from investing money - รายได้
  • incredibly: in a way that is difficult to believe - อย่างไม่น่าเชื่อ
  • inspect: to look at something carefully - ตรวจสอบ, ตรวจสอบอย่างละเอียด
  • inspection: an official process of checking that things are in the correct condition or that people are doing what they should - การตรวจสอบตรวจตรา
  • inspector : an official whose job is to check that things are in the correct condition or that people are doing what they should - ผู้ตรวจสอบ
  • invisible: unable to be seen  - มองไม่เห็น
  • issue: a problem that needs to be considered - ประเด็น
  • jade: a hard stone that is usually green and is used in making jewellery and decorative objects - หยก,แร่หยก
  • key: very important - ที่สำคัญ
  • know the place like the back of their hand: to know something very well -
  • leak: (of a liquid or gas) flowing out of a hole or crack - การรั่วไหล
  • missing (adj): lost; not able to find someone/something; not in the usual place because it has been removed or lost - ซึ่งหายไป
  • model: a person or thing that is considered an excellent example of something - แบบอย่าง, บุคคลตัวอย่าง
  • National Council for Peace and Order (NCPO) (noun): The military-installed group ruling Thailand following the 2014 coup d'état - คณะรักษาความสงบแห่งชาติ
  • nationwide: throughout a whole country - ทั่วทั้งประเทศ
  • neatly: tidy and in order; carefully done or arranged - เรียบร้อย, เข้าที่เข้าทาง, เป็นระเบียบ
  • norm (noun): a situation or type of behavior that is expected and considered to be typical - มาตรฐาน, ปกติ, ภาวะปกติ
  • official: done by people in authority or decided by the government; announced publicly - เป็นทางการ
  • onwards: continuing from a particular time - ต่อมา
  • passenger: someone who travels in a motor vehicle, aircraft, train, or ship but is not the driver or one of the people who works on it - ผู้โดยสาร
  • pearl: a round shiny valuable ball found that grows in pearls and is used in jewelry - ไข่มุก
  • pending: waiting to be dealt with, settled or completed - ยังค้างอยู่, ซึ่งยังไม่จบสิ้น, อยู่ในระหว่าง
  • 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
  • professional: showing that somebody is well trained and extremely skilled - ที่มีความเชี่ยวชาญ
  • province: one of many divisions of the government of a country into smaller parts - จังหวัด
  • public transport: the system of buses, trains, etc. provided by the government or by companies, which people use to travel from one place to another - ขนส่งมวลชน
  • quality: the standard of something when it is compared to other things like it; how good or bad something is - คุณภาพ
  • queue: a line of people waiting for something - คิว
  • recent: happening or starting a short time ago - เร็วๆ นี้
  • record: the best or most ever achieved - สถิติ
  • reform: a change that is intended to correct a situation that is wrong or unfair - การแก้ไข การปฏิรูป
  • rude: not polite - หยาบคาย
  • rush: to move or do something very quickly - รีบเร่ง, วิ่ง
  • sack: a large strong bag for storing and carrying things - กระสอบ, ถุงขนาดใหญ่
  • scattered: spread over a large area or time period - กระจัดกระจาย
  • stack: a pile of something, usually neatly arranged - กองที่ซ้อนกัน, กองสิ่งของที่ซ้อนกันอยู่
  • stock: an amount of something that you keep so that you can use it when you need it - ที่เก็บไว้ในสต๊อก
  • stockpile: a large collection of things that may be needed - สิ่งที่เก็บสะสมไว้ คลังสินค้า
  • store: to put and keep things in a special place for use in the future - เก็บ
  • suffer: to be badly affected by a very difficult or unpleasant situation - ประสบความลำบาก
  • survey: the act of asking for and recording information - การสำรวจ, การหาข้อมูล
  • trickle into: to gradually arrive in small numbers - เคลื่อนไหวอย่างช้าๆ
  • upset: to cause to be very worried, angry or sad about something   - ทำให้วิตกกังวล ทำให้หงุดหงิด
  • vent: to express your feelings of anger very strongly - แสดงออก, ปล่อยอารมณ์, ระบายอารมณ์
  • warehouse: a large building for storing things - โกดังสินค้า, คลังสินค้า, โรงพัสดุ
  • worth: having a value in money, etc - มีค่า, มีมูลค่า
  • worthwhile: useful, important or good enough to be a suitable reward for the money or time spent or the effort made - คุ้มค่ากับความพยายาม
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