Strong U.S. employment report brightens economic outlook
More than a million Turks gathered in Istanbul on Sunday for a rally called by President Tayyip Erdogan to denounce a failed coup - a show of strength staged in the face of Western criticism of widespread purges and detentions.
"We're here to show that theses flags won't come down, the call to prayer won't be silenced, and our country won't be divided," said Haci Mehmet Haliloglu, 46, a civil servant who traveled from the Black Sea town of Ordu for the rally.
nTo cope with the dramatic swell in tourist numbers, Krabi construction companies are busy with a number of new high profile projects that will significantly improve the number of quality hotels and resorts in the region. Both the Mercure Krabi Deevana in Ao Nang and the Beyond Resort Krabi in Klong Muang are scheduled for completion in the last quarter of 2011
Erdogan, a polarizing figure seen by opponents as intolerant of dissent, has invited the heads of the secularist and nationalist main opposition parties to address the crowds in a display of national unity in defiance of Western criticism.
In addition, 18,000 more jobs were created in May and June than previously reported. Nonfarm payrolls rose by 255,000 jobs after an upwardly revised 292,000 surge in June, with hiring broadly based across the sectors of the economy, the Labor Department said on Friday.
Krabi International Airport itself will benefit from a new and regular, non-stop service from both Oslo and Munich to Krabi, which will begin in December 2011 and provide much, needed extra capacity nA number of projects designed to improve passenger numbers at Phuket international airport should have a positive, knock-on effect for Krabi resorts and hotels � a long term expansion project is due to begin in 2012 and complete in 2014. The premise is virtually identical - match three coloured baubles in a twisting conga line of the things, whittling them down as they roll inexorably to the point of no return. It�s the manner in which this is achieved that�s been changed.
Other details showed a rise in the labor force, which lifted the participation rate, or the share of working-age Americans who are employed or at least looking for a job, by one-tenth of a percentage point to 62.
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"The July jobs report was everything you could have asked for and more. Provided the strength in jobs is confirmed with other economic data, the Fed will have sufficient reason to hike (rates) this year," said Michelle Meyer, a senior economist at Bank of America Merrill Lynch in New York.
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Whatever the future holds, Krabi is well on course to achieving record tourism figures simply because it is flexible and willing enough to adapt and offer its world famous hospitality to an ever changing and fickle holiday market nThe Centara Grand Lanta Island resort in Koh Lanta will begin welcoming its first customers in 2012 and the Ibis Krabi Ao Nang is expected to open its doors in 2013.
But a broad measure of unemployment that includes people who want to work but have given up searching and those working part-time because they cannot find full-time employment rose one-tenth of a percentage point to 9.
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