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Posted: 27 Oct 2011 | 6:00 am
Inflation is never a good thing but recently hyperinflation has been reverberating on the island.
Of course, post GFC, the situation Phuket finds itself is hardly unique as basic needs such as food continue to escalate through the veritable roof worldwide.
Thailand's CPI or Consumer Price Index which covers all manner of commodities including food, electricity and water, housing, medical care, transportation , petrol, and education continue to grow.
While an outcry over the proposed increase in the island's minimum wage by THB300 baht looks set to come on stream early next year, the move could be a double whammy to inflation and create a domino effect which will see benefits not only quickly eradicated but perhaps worsening CPI levels.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
While we hope for the best that Phuket's new airport expansion will have some green focus, it's encouraging to view Singapore's Changi as setting a global standard.
Flying always gives me a chance to look outside the box and today a news article in SikAir's in-flight magazine caught my imagination.
CENTEL 35.00 - 1.00 %
DTC 57.00 - 2.25 %
ERW 4.02 - 0.14 %
GRAND 1.11 - 0.01 %
LRH 28.25 - 0.25 %
MANRIN 25.75 0.00 %
MINT 24.00 0.00 %
ROH 27.00 - 2.75 %
SHANG 50.00 + 0.75 %
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