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Patience is a Virtue
Phuket Life
/
Travel
With so much going on right now on our beautiful island of Phuket, it can be hard to keep up with where is open and available for a day out at sea. Fear not, 5 Star Marine will give you the latest island and national park scheduled openings, with lots of inspiration to satisfy the island tripping lovers out there.
When do I change my transmission oil?
Phuket News
/
Business
Automatic transmissions are a crucial component of most modern cars and are the second-most expensive part of any car after the engine. They need to be serviced correctly and on time to ensure good performance and to avoid costly breakdowns.
Bluetti AC200P - the Best Portable Power Supply for Camping in Thailand
Phuket News
/
Business
Powerful camping generators like those from Bluetti have a huge power capacity to essentially take your electricity needs on the road with you.
Stamp and You Shall Receive
Phuket Life
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Travel
Here at 5 Star Marine, we love seeing how much our guests enjoy their travels onboard our private speedboats to Phi Phi, the Similan Islands, Hong Krabi and beyond. The past 16 months our loyal residents have kept us busy exploring the islands around Phuket and Krabi, and now we feel that it is our turn to say ‘Thank you’ back.
How to keep your car well maintained
Phuket News
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Business
Cars age, like we all do. Keeping them well maintained is the key to low maintenance costs, good performance and low fuel consumption. The most crucial step to keep your engine in good shape is changing the engine oil regularly. In Thailand, the intervals are different than in Europe or the US because of climate and fuel quality. You should change the engine oil every 10,000km or once a year when using high-quality engine oil.
Family Fun Here We Come
Phuket Life
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Travel
With so many family friendly activities in Phuket, we can’t list them all, so here is a small selection to inspire you:
iNoble Clinics in Phuket Expand into the Expat Market
Phuket Life
/
Health
With over 16 years of experience across Phuket, Songkhla, Trang and beyond, iNoble Clinics specialise in beauty, high quality skin laser treatments and cosmetic surgery. Their equipment and procedures are cutting edge, and combine leading modern innovations from overseas as well as Thailand in order to offer the best enhancements in their field.
Celebrating 160,000 Life Bags and Preparing for the Road Ahead
Phuket Life
/
Community
This April, 5 Star Marine passed a milestone – over 14 months’ of continuous efforts supporting vulnerable families and communities in need, situated in and around the Phuket and Phang Nga areas. Over 60 weeks of donations has produced an incredible amount of Life Bags; more than 160,000 have been paid for, packed and delivered to date; with each Life Bag containing staple items such as eggs, oil, noodles, sauces and rice, among other essentials.
Factors That Affect the Currency Markets
Phuket News
/
Business
Currency exchange rates, like stock prices, constantly move up and down in a never-ending cycle.
360 Degrees, Yes Please!
Phuket Life
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Travel
After reading over the past few weeks all about the unspoilt beauty of the islands around Phuket to be enjoyed, you might ask, “What more can I add?” Just take a look at this incredible picture and let’s leave it there shall we?
All good things must come to an end
Phuket Life
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Travel
Last Chance Tourism isn’t a new concept. The fear of missing out, or ‘FOMO’, social and psychological notion has been around for several years, feeding tourists with a hunger to visit or experience a place at risk of vanishing or altering due to climate change. Now, I am not suggesting that Thailand is about to disappear, however a huge shift is most certainly on its way, so this might well be your Last Chance Tourism window of opportunity.
UWC Lends a Helping Hand
Phuket Life
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Community
It has now been over a year, and 5 Star Marine together with Sutai Muay Thai continue to support vulnerable communities in and around Phuket, Phang Nga and Surrounding Islands. To date, they have exceeded over 150,000 ife bag donations, (each one containing enough staple supplies to feed a family of 5 for around 4 days). The fleet of 5 Star Marine speedboats have enabled access to some of the most at-risk areas, and allowed the charity efforts to go further afield, reaching impoverished smaller villages and islands as well as focusing efforts across Phuket itself.
How do you like my island, Mr Bond?
Phuket Life
/
Travel
Brought to you by 5 Star Marine (and Scaramanga)
A Quick Introduction to Forex and Forex Brokers
Phuket News
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Business
Foreign exchange reading has always been popular, and with the advent of automated trading bots, it has become a much more widely accepted activity. This article will give you an overview of what forex trading is, how it happens, and the state of Liteforex in Thailand. What Is Forex? Forex is a combination of the words Foreign Exchange. It is the process of changing or converting one currency into another for the purposes of trade, finance, or tourism. For the purposes of this article, we will take Forex to refer to the process of trading. What Happens in a Forex Market? A foreign exchange market is simply where currencies are traded against each other. It is a very important and interesting process, and the world as we know it would come to a standstill. Why? Suppose you live in Thailand and want to buy a Japanese manga, an Indian spice, or a French wine. You need to pay for the goods in either Yen, Rupees, or Euros for any of those transactions. If you have that particular currency, well and good. However, the chances of you having the currency you want to buy things in is very low. In this situation, you will have to exchange your currency for a foreign one. Either you will do it yourself, or the importer will have to do it for you. Either way, every time you buy something from another country, you are taking part in a Forex trade. The interesting thing about Forex markets is that there is no centralized place you go to for foreign exchange. Instead, most of the trades happen online through over-the-counter electronic transactions. These transactions are handled around the clock for five and a half days of the week and across several centers of financial importance, such as New York, London, Paris, Zurich, Frankfurt, Hong Kong, Singapore, Tokyo, and Sydney. Why so many many? This is to make sure that a market is open in most time zones across the day. If you want to trade for Australian dollars or Yen, you need to trade during the hours when that center is open. Similarly, when that center closes, the American one opens up for business. You, as the trader, need to work during the hours when the traders of the currency you want are active. Risks Related to Forex Trading Like everything else happening on the internet and related to money, there are many risks involved with Forex trading. Because it is so decentralized, there are no standard rates. The market is very volatile, and rates can change as many as twenty times in an hour. In fact, depending on which part of the world you are trading from, you may find that the market is completely free of regulation of any kind. There are many guides for beginners that detail the various risks involved and how to get around them, and if you are among those people who are just getting your feet wet in the field, looking up ways to protect yourself is probably the best thing you can do. Pros and Cons of Trading Forex Forex trading is not easy. There are many things that make it profitable, and there are also many other things that can become problematic. In this section, we will present some of the most significant pros and cons related to Forex trading. Pros Cons The Forex market is the largest when it comes to the number of people partaking in daily trades, as well as the number of trades actually taking place. This makes it very liquid and allows for easy entry and exit for people making trades and exchanges. Forex traders use a high ratio of leverage, which allows them to borrow money from brokers in order to make trades. These ratios can be very high, meaning the amount of profits that are made can reach the skies. However, high leverage also means that traders can lose all their money in the case of a bad investment. Understanding the risks inherent in the system are important for this very reason. Trading is available 24 hours a day over five days of the week. It starts in Sydney and ends in New York, giving people across several far-flung time zones a huge window of opportunity to conduct their trades and make money. To trade in Forex, you as a trader need to have a strong understanding of how the market works and predict how changes in one currency will have a far-reaching, cascading impact on the rest of them. Trading is a study of interconnectedness within the market, and you need to always have your finger on the pulse and change your operations on a dime. This requires a heavy investment of time. Forex Trading in Thailand In South Asia, Thailand is among the top emerging markets. The Forex markets are very well regulated by the Bank of Thailand and the Thailand Securities and Exchange Commission. They have put a structure in place that is both robust and accessible, and this makes for a breeding ground of activity. Due to the structures and regulations in progress, only registered dealers are allowed to trade in Forex. Due to this, you can be sure that only reliable brokers are handling trades. What is more, since there is a growing trend in the country to trade in Forex, there is a lot of support available for beginners who are just starting out in the industry. Conclusion Forex trading is a rewarding process, but it is also a risky business. There is a certain level of thrill associated with trading. At the same time, navigating the volatility and risks surrounding you is undeniable. However, in the face of these challenges, make sure you are equipped with the proper knowledge and resources to adapt, improvise and overcome any situation that you face. Never forget that it is the internet, so always an exit strategy no matter what you do. Otherwise, trade safely, and good luck!
Rediscover how to be Sustainable at an Affordable price
Phuket News
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Business
Many people know me through Island Technology, others as a lawyer and some as a provider of Renewable Energy with “Smarter Energy Solution”, my latest business, started in 2019.
Seal Life Safari - Brought to you by 5 Star Marine
Phuket Life
/
Travel
Thailand’s local wildlife has been given a much-needed chance to recover since the disappearance of tourists flooding in. Islands and national parks have seen sea and wildlife populations start to return, making right now a once-in-a-lifetime opportunity to get out and explore on the new Sea Life Safari.
Life without glasses possible after you’re 50?
Phuket Life
/
Health
Yes, this state-of-the-art breakthrough technology makes it possible.
Blue Horizon Developments Partners with SolidBlock to Launch Thailand’s First Real Estate STO
Phuket News
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Business
Blue Horizon Developments, one of Thailand’s most decorated property developers, has partnered with SolidBlock, a smart contract development and management platform for transforming real estate into digital shares that can be traded, to tokenize The Beachfront Prime in Phuket, a project managed under the Best Western Plus brand.
What impact did the US ‘Capitol Hill’ incident have on world democracy?
Phuket News
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World
On January 6, while the U.S. Congress was going through the last part of this presidential election, Trump supporters suddenly broke into the U.S. Capitol, all work was suspended, and four intruders and a guard died in the riot. This three-hour occupation of Congress became “a disgrace to the United States.”
What does 2021 hold for local businesses?
Phuket News
/
Business
Andres Pira, CEO & Founder of Blue Horizon Developments, shares his insights
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