Category Archives: WORLD

Tanzania Tightens Foreign Currency Exchange Controls Through New Regulations

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Before starting your vacation to another part of the world, make sure to exchange your dollars for the best conversion rate and cheapest fees. While it is true that there are ATM’s in most tourist destinations, you will gain better rates from Knightsbridge FX because it is guaranteed to beat the rates of competitors including banks.

There are countries with restrictions on its currency because of political and economic conditions and banks may not be able to access the currency. One example is Tanzania that has tightened currency controls through new regulations on foreign exchange bureaus. According to authorities, this is part of their ongoing battle against money laundering and currency speculation.

Months before, the government has revoked the licenses of foreign exchange bureaus and temporarily shut down a newspaper for publishing unofficial data on exchange rates. According to President John Magufuli, the central bank has previously licensed too many bureaus and some of them have broken the laws.

Since the start of the year, the Tanzanian shilling has been broadly stable. In April, the International Monetary Fund (IMF) said that the true value of the currency is broadly in line with fundamentals. However, IMF has warned of serious weaknesses in official data. There are indications of a slower pace of economic activity contrary to what is being reported by the government.

When the foreign exchange bureaus were closed in February, the bulk of foreign currency trading was handled by commercial banks. About $10 million are traded daily in the commercial banks because of the reduced number of Forex bureaus. This led to more transparency in the market and improved the inflow of hard currency.

With new regulations, it will be more difficult for foreign exchange bureaus to operate. Most of the transactions will shift to commercial banks. Minimum capital for Forex bureaus was also raised to 1 billion Tanzanian shillings.

Many customers continue to use the services of Knightsbridge FX because of the consistent currency rates that beat banks. There are also services like free same day transfers and professional proactive service. Best rates are guaranteed with more personal attention to ensure 100% satisfaction.

WHO Recognizes Traditional Chinese Medicine, And Conservationists Aren’t Happy

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The World Health Organisation recently recognised traditional medicines, like acupuncture in Bankstown, and green groups aren’t pleased.

The World Health Assembly recently wrapped up in Geneva, and had 194 member states adopt the latest iteration of the International Statistical Classification of Diseases (ICD-11), which, in turn, accepts WHO’s recognition of traditional medicines, like acupuncture in Bankstown, as a legitimate diagnostic source.

The ICD defines the world standard for diagnosing, and understanding the causes of diseases, illnesses, and death, as well as the reporting of health conditions internationally. The adoption of the ICD-11 formally recognizes burn-out as a legitimate medical condition, on top of recognising diagnoses provided by traditional medicine for at least 400 medical conditions.

The ICD-11 has a supplementary chapter that talks about disorders and patterns of symptoms that were first noted down in ancient Chinese medicine, now known across the world, but more commonly recognised in China, Korea, and Japan.

The latter, however, was met with some flak, particularly with conservationists, who say that it might have negative implications for wild animal trade.

Panthera, a big cat conservation group hailing from New York, was one of the group’s who took umbrage with the recognition of the WHO. Their Chief Scientist, Dr. John Goodrich says that recognising traditional medicine, which uses wild animal parts, is effective approval from the UN on the overall practice. Failure to consider the repercussions, put effective regulations, and/or condemn the hunting and use of wild animal parts for medicine, he says, is egregiously irresponsible.

The list of wild animals being poached for traditional medicine is huge, with a massive illegal trade market across the world. For example, Singaporean authorities confiscated nearly 13 tonnes of pangolin scales, amounting to about 21,000 of the world’s most poached animal, intended to be used for Chinese medicine.

WHO, have defended their move, saying that including traditional diagnoses and treatment will do much to translate key information across Eastern and Western medicine, recognizing how many people are reliant on traditional, alternative, or complimentary medicine, so much so that it’s not easy to ignore them in global matter of healthcare.

The WHO already have a strategy for the inclusion of traditional medicine in healthcare systems in use across the world, and are looking for ways to have it managed and regulated properly.

 

What You Need To Know About Domestic Delivery

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A ส่งของในประเทศ is the act of sending documents, parcels or large industrial equipment within your own country. This shipping is limited to destinations within Thailand, and your correspondence or products is moved by a domestic courier to your recipient.

Why There Are Domestic Delivery Services?

Much as you want to ship goods internationally, you need to start selling through your domestic market, especially when just starting out. If you were to import goods, you need to abide by the import duties and customs procedures of that foreign country, which can cost substantial amounts of money, and delivery times can depend on how it is shipped. If you were to consider foreign sales for your business, you need to establish first your domestic market before expanding.

Sending Documents and Parcels

You can choose a reputed and reliable courier for your ส่งของในประเทศ services. You may choose bicycle couriers which are plenty in the area and can send your deliveries to your preferred recipients. However, there are independent courier and delivery services for local and provincial deliveries. There are also the major courier companies and the Thai post office for national deliveries.

Options for Larger Deliveries

While typical courier companies can handle huge deliveries, such as appliances, furniture and industrial machinery, they require bigger vehicles with specialised handling. Courier services can handle these delivery services, but air freight and long-haul trucks can make it reach nationally. If you were to send a truck filled with products on a single destination, this can be done faster and more cost efficient, rather than sending it in mixed loads.

Truck versus Rail versus Water

If you send oversized products or huge volume of products, choose to utilise heavy-hauling capacities of ships, barges, trucks and trains. If you choose ships and barges to take heavy loads to other destinations, you need to bring the load to the port areas. Choosing trucks are highly advantageous for the shipper as these can take the products to anywhere down the road. Trains may also be a great option for the ส่งของในประเทศ; however, you need sidings along the railway to ensure your products reach their destination.

 

Digitalization For A More Organized And Efficient Ocean Transport Of Containers

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Through digitalization, it is expected that the ocean transport of containers will be more efficiently organized. It is without doubt that containerization has revolutionized the world of ocean freight but it is also interesting to note that the business model of liner shipping dates back to the early days of the British Empire.

The system of fixed frequencies of sailing was only continued from the days of passenger and freight transport systems. However, buyers of ocean freight are not really interested on sailing frequencies or transit times because what is more important is guaranteed time of delivery of their goods to the destination. Digitalization will mean more organized and efficient ocean transport of goods or on-demand container shipping.

Digitalization and any corresponding changes in global manufacturing networks will make current business models look inefficient. Since there are more distributed manufacturing networks and more personalized on-demand production of goods, mass production will be replaced. This will eventually lead to a change in the logistic network because the transportation network will be distributed. This means the point-to-point volumes will be smaller and a lot less predictable while the number of points served will be greater.

The winners in a digitalization system will be those that have effectively controlled their logistics with some visibility on the complex flows. With enough aggregation and digitalization visibility in cargo flows, super shippers will be able to organize ocean freight in an organized manner. It could entail chartering for only the tonnage needed or departure time only when required and servicing on ports needed by the particular voyage. The highest possible utilization will be achieved along the route.

However, it is very unlikely for the super shippers to consider shipping operations as their core business. It is more possible for operators and super shippers to join forces in optimizing logistics so that the economics of chartering a vessel will be improved.

The best services are provided by container transport company in Perth for your goods. Your time sensitive container packs and unpacks can be handled economically and quickly to ensure timely delivery. A minimal wait time for loading and unloading of cargo is guaranteed.

The Economic Values Of International Education In New Zealand

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According to a recent research, international students in New Zealand are pumping in millions of dollars to the international education sector. It has also generated hundreds of job opportunities in regions all over the country. For New Zealand, the total economic value of international education has surpassed NZ$4 billion (US$2.82 billion).

The 2015-2016 report was commissioned by Education New Zealand to cover 8 regions that include Northland, Bay of Plenty (including Tauranga and Rotorua) Taranaki, Manawatu-Whanganui, Hawke’s Bay, Nelson Marlborough, Otago (including Dunedin and Queenstown) and Southland.

Of the 8 regions that were included in the study, Otago had the highest regional foreign exchange earnings at NZ$174 million. From the total earnings, NZ$136 was generated by Dunedin. The average spend of an international student is estimated at NZ$33,100. The figures reflect the importance of attracting international students to Dunedin.

According to Director John Christie of Enterprise Dunedin during an interview with Otago Daily Times, the figures revealed in the research reinforces the work invested in schools, the polytechnic and university in order to put Dunedin in a position as premier international study destination through Study Dunedin.

The second highest contribution to the international education sector comes from the region of Bay of Plenty at NZ$118 million. The average spend of international students in the Bay of Plenty is NZ$28,500 per student. Apart from their monetary contributions, international students also diversify the region.

When foreign students study in the universities, they contribute towards having a diverse population, making students global citizens. International students make people aware of global cultures and practices and helps broaden the minds of students towards survival in a global environment.

The largest group of foreign students are the Chinese (26% of the total) followed closely by India and Japan. These 3 countries generate the most contributions among all the source countries.

At the international school in Thailand, an interfaith, inclusive and academically rigorous education is provided to students to become balanced, successful and compassionate individuals. The international school has gained a reputation globally for nurturing intellectual development, moral character and physical wellbeing to shape their lives as leaders of the future.

An Opportunity To Remodel The Hated Avocado Bathroom

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In the 1960’s up to the later part of the 70’s, avocado green was the rage for bathtubs, sinks and toilets. Now, the color is the second most hated feature of a bathroom suite that immediately turns off a home buyer.

Bathrooms.com, an online bathroom retailer has made a research on the most hated design trends that can decrease the value of the home. Wood paneling was number one most hated feature while outdated avocado bathrooms were on second place with 16% of respondents planning to reduce the asking price by £5,000. At least 6% of the respondents between 25 -34 years old plan to seek a price reduction of £10,000.

Other features that can turn off a property buyer include built-in bars, woodchip, Artex ceilings, heavily patterned carpets, textured wallpapers, crazy paving, fireplaces made from brick and built-in wardrobes installed over the bed.

Based on the results of the UK survey conducted by Census Wide in December 16, 2016, on 2,000 people that are 16 years old and above, there are still households (1.2%) that have avocado green suites in their bathrooms. If you will consider the fact that there are 27 million households in the UK, avocado green suites equate to about 324,000 in the UK.

At least 75% of the respondents consider avocado green suites as ugly while 71% or 3 out 4 say that if they bought a home that has an avocado green bathroom, it would the first thing they will rip off. However, in spite of the general consensus that avocado green bathrooms are ugly, a fifth of UK households have not updated their bathrooms. 23% consider the bathroom to be an embarrassment.

Owners of avocado green suites are encouraged to join Avocado Amnesty by posting a picture of the bathroom at Bathroom.com, Facebook, Twitter or Instagram with a reason on why the bathroom has to be upgraded.

Avocado bathrooms went out of style years ago. If you are going to remodel your bathroom, opt for frameless glass sliding shower screens that look elegant and luxurious. It is guaranteed to gain the attention of home buyers and increase the resale value of the home.

British Homeowners Prefer To Procrastinate Maintenance Tasks

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Based on a research made by residential property manager FirstPort, at least 82% of Brits interviewed procrastinate for at least 4 weeks the essential jobs that have to be undertaken in their homes. One in ten, the task is postponed for more than three months. At least 32% claim they are too busy to perform DIY jobs while 25% do not know what to do. 9% are afraid they might do more damage and devalue the home while 6% are afraid of injuring themselves.

If the amount of time that the Brits do jobs inside the home is calculated, it would total to about 114 hours or seven weekends a year. The amount spent for home maintenance on plumbing, painting, carpet cleaning, windows and gutter cleaning, decorating, repairs and gardening is estimated at £700 a year. If you add the amount of time spent working at home maintenance, the full cost required by an average home will reach £1,840 annually.

Yes indeed, it really takes time and money to ensure that a home is in good condition. This was found out from the research that covered 115,000 properties across more than 2,000 developments. Homeowners who are uncomfortable doing maintenance tasks can hire professionals for the job because what is important here is to ensure that any issues are dealt with properly and quickly so that a small problem will not grow worse with time. Homeowners who have DIY skills must determine whether they can do quality maintenance or if it is better left to the experts.

Simple jobs like gardening and a bit of painting can be done by any homeowners. However, there are maintenance that seems easy that are best left to professionals who have the right equipment and skills. These maintenance tasks include cleaning and repair of gutters, removal of molds and replacing sealants.

A team from Cool Spec gutter repair and replacement in Perth can fix different issues with the gutter from leaking joints, loose downpipes, damaged and missing brackets for reasonable costs. If the gutter is beyond repair, the condition of the system will be identified to check the root cause of the problem so that replacement can be done if absolutely necessary.