| Amari Orchid Resort & Tower Voted TTG Asia’s Best New Beach Resort (Thaipr.net) |
| Amari Orchid Resort & Tower, Pattaya, received TTG Asia’s coveted ‘Best New Beach Resort’ Award, on 9th October 2008, in the 19th TTG Annual Travel Awards 2008. This prestigious award signifies deserv |
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| Lucrative business class air travel hit by crisis (AFP via Yahoo! News) |
| Businessmen and women, hit by the global financial crisis, are cutting back on their trips and forcing airlines to either slash their prices or to reduce capacity, analysts said. |
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| Neptune Orient Gains as Bid to Buy Hapag-Lloyd Fails (Update1) (Bloomberg) |
| Oct. 13 (Bloomberg) -- Neptune Orient Lines Ltd. , Southeast Asia's largest shipping company, rose the most in a week in Singapore trading after a bid to buy TUI AG 's Hapag-Lloyd unit failed, ending concerns the company would have overpaid. |
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| Neptune Orient Shares Gain After Bid to Buy Hapag-Lloyd Fails (Bloomberg) |
| Oct. 13 (Bloomberg) -- Neptune Orient Lines Ltd. , Southeast Asia's largest shipping company, rose in Singapore stock trading after the company's bid to buy TUI AG 's Hapag-Lloyd unit failed, easing concerns the company would have overpaid. |
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| TUI Sells Hapag-Lloyd Unit in 4.45 Billion-Euro Deal (Update1) (Bloomberg) |
| Oct. 12 (Bloomberg) -- TUI AG , the German owner of Europe's largest travel company, agreed to sell Hapag-Lloyd to a Hamburg- based investor group in a deal that values the shipping company at 4.45 billion euros ($6 billion). |
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| News CENTRAL/S. ASIA (Aljazeera) |
| The Nato commander in Afghanistan has rejected the idea that the military alliance is losing the Afghanistan war to the Taliban. But US General David McKiernan also said on Sunday he needed more troops to tackle fighters in a chaotic Afghan countryside. |
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| Lucrative business class air travel hit by crisis (Central Chronicle) |
| Paros, Oct 12: Businessmen and women, hit by the global financial crisis, are cutting back on their trips and forcing airlines to either slash their prices or to reduce capacity, analysts said. |
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| US will not relax its policy on Nepal's Maoists (Asia News Network) |
| The United States has said that it will continue to support the newly elected government in Nepal, but will not change its policy on the Communist Party of Nepal-Maoist (CPN-M), which is on the US terror list. The United States, however, seems to have relaxed travel bans on Maoist leaders. |
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| Long-term challenges must be faced (Bangkok Post - Thailand's English news) |
| Non-governmental organisations in the travel and tourism industry took advantage of World Tourism Day recently to stress that current financial crises may be a short-term phenomenon, and that the industry would still have to deal with long-term issues. |
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| India-Asia continental clash may have caused long term cooling in Earth's climate (New Kerala) |
| Washington, Oct 11 : A new study has suggested that the collision between India and Asia set off events that likely caused long-term cooling in Earth's climate. |
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