Archive for June 15, 2018

America Fist Protectionism Backfires On The US

Even if the business has only one employee, it is required to obtain Tax ID in Ohio so that IRs can track the business and ensure that it pays the payroll tax. Even if you have not yet hired an employee, it is suggested to apply for EIN because it is very likely that your business will grow in the future and you will need additional manpower to help you run the business.

Meanwhile, let us hear the story of Bill Adler the owner of metal parts maker Stripmatic Products. Last year, Adler was invited to bid on a contract that will make commercial sausage stuffers. The company wanted to replace its Chinese supplier and is looking for a bidder that can match China’s price. Adler believed that his company can win the bid.

However, while Adler was preparing his proposal, US President Trump announced the steel tariffs. This resulted into an increase in price of Stripmatic’s main raw material. In short, Adler lost the bid because his costs were too high. Adler is optimistic that the ugly scenario is short term; otherwise, he has to find another way to make a living.

The plight of Stripmatic is one example of the hidden costs of the America First protectionism. As the president seeks to unwind globalization, his logic of protectionism is operating in reverse. On the other hand, there were gains in protectionism if you will look at new solar plants and reopened steel mills. Protectionism might backfire on the US and undermine the president’s goal of reclaiming manufacturing from China.

US steel producers will benefit if metal imports were discouraged but it can lead to a surplus of steel markets outside the US. This means lower prices for the US competitors. An increase in steel in prices will force Adler to reduce employee bonuses and profit sharing checks.

However, threat of tariffs does not affect all types of businesses in Ohio. If you planning to be an entrepreneur, make sure to apply for Tax ID in Ohio to facilitate business licenses, business bank accounts, financing and loans. Aside from the IRS website, there are also 3rd party designees that can provide assistance.

How A Bus From Bangkok To Chiang Mai Takes You Conveniently To This City?

If you’re thinking of visiting Thailand with the whole family for recreation and entertainment, then Chiang Mai aside from Bangkok can be an ideal place. Once the plan has been finalized, your next step is to consider the best means of transportation. If you are travelling from a different country, the best ways to travel to Thailand is by plane, which can take you to its capital, Bangkok. Here you can see the international airport with various means of communications to any part of the country. If you reach Bangkok and want to go to Chiang Mai directly, you can travel by bus from Bangkok to Chiang Mai, which will only take you nine hours of land trip.

If you’re travelling with family, you will need travel to Chiang Mai on a bus from Bangkok to Chiang Mai, especially for their safety and convenience. Though the fastest way to travel here is through a plane, you can see how much you can save when you travel by land. Certainly, there is the train, which is also a popular choice for commuting. It can take you ten to eleven hours travel by railway to Chiang Mai. For the buses, you will need to head to the Northern Bus Terminal in Bangkok, where you get to choose between air-conditioned and non-air conditioned. The bus tickets are fairly priced and the public buses are really reliable.

You can also travel through a car for hire when going to Chiang Mai. You will need to route highways 1, 32, 117 and 11 to reach Chiang Mai from Bangkok. If you want to travel by express trains, you can head on to the Hua Lamphog rail station and travel to Chiang Mai. The express trains offer cheap fares for travellers as they are considered public transportations. If you want the sleeper classes of the train, you need to book in advance as they sell out easily. If you want to return to your home country through Chiang Mai, ensure you are booked in a plane ticket for accommodation. For some, they return to Bangkok to fly back to their homeland.

Airport Shuttle Service

Modern airports are located in faraway localities from the city. It is a challenge to travel to and from airports to the different parts of the city. Reaching to your destination from an airport with the heavy luggage creates stressful situations. When you consider the cost of transportation, the stress doubles up.

A convenient and cheap mode of transportation to and from airport is airport shuttle service, which take the passengers from airport to their destination and back to the airport, after the trip completes. These services are affordable and convenient to travel with heavy luggage.

Some of the reasons why travelers prefer to hire airport shuttle service, whether on business travel or on vacation are

  1. The main benefit of using airport shuttle service is, it costs less. Airport shuttles cost less when compared to other modes of transport to and from the airport, like using private transport and hiring a taxi. Airport shuttles decrease your travel costs drastically, especially if you are planning a budget vacation.
  2. Using airport shuttle helps to reduce stress while travelling. These shuttles pick-up and drop-off passengers on time. This helps you to check-in without stress. Using airport shuttles also helps the travelers to reach their destination on time, especially if they are visiting the city for the first time. The local drivers driving the shuttles know about the important landmarks and attractions in the city. They can easily guide you on how to navigate the city traffic and the safest mode of transport in the city.
  3. Travelling in airport shuttle is safe and reliable. The shuttles can accommodate huge luggage and many number of passengers. Opting for airport shuttles is safe because it eliminates the chances of getting duped by taxi drivers, who overcharge the passengers. There is no risk of losing your belongings in a shuttle service as they are stored safely.
  4. Using airport shuttles allows the travelers to gather information about the city. Shuttles are driven by local drivers, who have authentic information about the different tourist spots of the city, best places to dine, famous shopping areas and the local festivals and traditions. It is always advisable to use airport shuttle service for transportation from airport to your hotel, especially when you are on vacation or business trip in a new city.

How Much Does The Best Alcohol Rehab Cost?

The best alcohol rehab program will come in various price range. It will usually depend on several different factors, which include the ones listed below:

  • Type of Alcohol Rehab Facility

Public alcohol rehab centers operated by the government and non-profit organizations are usually cheaper than the private alcohol rehab facilities. The private rehab can include all basic luxury facilities that may offer spa-like conveniences.

  • Inpatient Versus Outpatient Alcohol Rehab

Outpatient alcohol rehab is generally cheaper than inpatient or residential alcohol rehab. The increased cost is important to cover all the expenses of housing the alcoholics during the treatment. They need to be in the best alcohol rehab center so they can recover.

  • Methods of Treatment

The price for the alcohol rehab will depend on the treatment methods done to an alcoholic. For instance, if the patient opts for rapid detox services, it will cost him around $5000 or even more. Furthermore, his medication, visits to experts and alternative treatment methods can add up to the final cost of the alcohol rehab.

  • Duration

How long an alcoholic will stay in the best alcohol rehab center will affect the final price for his rehabilitation. Not surprisingly, long-term rehab programs starting from three months and onwards may be very effective, however, they come with more expenses.

Knowing the Actual Price for Inpatient Alcohol Rehab

The most expensive types of alcohol rehab are the inpatient programs. The price for undergoing such program will include the accommodation, including daily meals and the bed. According to studies, alcohol rehab is estimated at $715 per day.

Knowing the Actual Price for Outpatient Alcohol Rehab?

The outpatient alcohol rehab is more affordable than inpatient treatments as there is no need for accommodations. The estimated cost for a traditional outpatient rehab is $135. For more intensive outpatient treatments, they may cost a bit higher.

The Benefits of Insurance

It will surely help the alcoholic and his family if the alcohol rehab program is covered by insurance. Insurance will cover the entire expenses of the best alcohol rehab program, especially if the alcoholic will take more time to recover. If he doesn’t have insurance, he may resort to other alternatives which are currently provided by the government.

The Danger Of Spoofing In The Cryptocurrency World

If there is one word that Leonardo González Dellán could fittingly describe digital currencies, it would be that it is volatile. The price is fluctuating in a significant manner and quite often especially during the early days when a cryptocurrency has just been introduced into the market. This is still happening even to the most popular and biggest digital currency which is bitcoin. One god example is during the end of last year when the every coin has reached almost $20,000 but in just a matter of few weeks it has already spiraled down to one third of the original value.

The time scale by which the prices can fluctuate can be as long as months or as fast as seconds. This is the reason why criminal operations can be accomplished because of the flash crashes that the largest digital currencies are experiencing. This occurs when the hottest tokens are bought at a price lower than usual due to fluctuations and then sold again when the price is back to normal. Sadly, the criminals’ scheme does not end there. A new trend has been caught and it is called spoofing.

Spoofing happens when the criminals try to alter the price of the cryptocurrency in an artificial method through accomplishing fake orders. Traders influence the change in the market by doing fraudulent transactions which could manipulate the investors. As a result, they eight feel positive or negative by the actions thus they buy or sell a digital currency therefore impacting the cryptocurrency’s price at the same time. After the traders have achieved the price they want, they will withdraw the fraudulent transactions they have made.

There are already sources saying that the Department of Justice of the United States is currently doing investigations in order to see if the bitcoin network has been a victim of spoofing through price manipulation. Leonardo González Dellán, on the other hand, believes that the investigation will only focus on bitcoin for now because it is the biggest cryptocurrency in the market. Another reason why they are focusing on bitcoin is the significant price increase in 2017 that resulted to more investors flocking into the network.

 

 

Luxury Property Prices In Bangkok Lower Than Other Asian Cities

Aside from hotels, apartments and condo units, there is also serviced apartment in Sukhumvit for visitors to Thailand. How do the serviced apartments differ from hotels? The serviced apartments are not just rooms; they feel and look like a home with living space, dining area, full furnished kitchen and services similar to what a hotel provides.

In Bangkok, the capital city of Thailand, foreign buying binge has reached phenomenal proportions to fuel the extra hot market of ultra-luxury real estate. When a luxury condo opened at 98 Wireless last March, it was immediately snapped up by a Hong Kong buyer for U$2.2 million without even thinking twice about the investment.

UthaiUthaisangsuk, an executive at property developer Sansiri, said that it was impulse purchase but the investor was able to gain an opulent 2-bedroom spread complete with Ralph Lauren furniture, three bathrooms that have been outfitted with Carrera marble, butler service and a chauffeured Bentley car.

Scenes similar to this are quite common in Bangkok where foreign investments are pushing up high end property prices at the top of the real estate market. Meanwhile, developers have a difficult time selling pedestrian properties. The Thai economy is still recovering and many families have household debt that disqualifies them from a home loan.

Companies like Sansiri and Country Group Development have to sell the luxury properties to foreign buyers who know that they will get more bang for the buck when buying property in Bangkok instead of Hong Kong.

Prices of condominiums in the heart of Bangkok have doubled during the last 5 years but they are still cheaper compared to less-travelled cities that include Jakarta, Kuala Lumpur and Ho Chi Minh City. Bangkok has surpassed London as the most visited city making it popular among investors particularly Chinese from the Mainland.

Expats who cannot afford to buy condo units in the heart of Bangkok have the option of serviced apartment in Sukhumvit as a second home. Most of the serviced apartments have generous living spaces with Wi-Fi and TV entertainment centre. There are also facilities like the fully-equipped fitness centre and outdoor swimming pool for relaxation.

Bangladesh Minister Asks Thailand For Duty Free Benefits For Garments 

 

Due to innovations in technology, the modern embroidery machine was introduced for mass production. Whether the embroidery is done by hand or through machine, there is still a need for embroider supplies in Thailand to meet the demands for quality in the industry. The trend in the garments industry right now is for high quality products which require quality embroidery supplies.

Commerce Minister Tofail Ahmed made a demand for duty free benefit from Thailand for 36 products that include garments and medicine. Tofail made the demand during a meeting with KobsakPootrakool, a minister that is attached to the Thai Prime Minister’s office because Thailand is providing duty free access to 6,998 items from Bangladesh but garments is not on the list. At least 81% of Bangladesh’s total exports are garments.

Ahmed has also called the attention of Thai investors to encourage them to make investments in Bangladesh’s pharmaceutical sector. Thai investors will be given cash incentives while exporting products should they consider an investment in the pharmaceutical sector. Total investments that Thailand has made to Bangladesh amount to $1.5 billion. Investors from Thailand will also be given allocations in the special economic zone.

In 2016-17, Bangladesh was able to export products worth $48.57 million to Thailand. Total imports from the country amounted to $781.6 million. Meanwhile, Pootrakool has expressed his interest to make investments in Bangladesh’s infrastructure, power, energy and other potential sectors. He announced the interest during the “Bangladesh-Thailand Business Dialogue” that was organized by the Federation of Bangladesh Chamber of Commerce and Industry.

In order for Thailand to import more goods from Bangladesh, it is important to have a deep sea port including the establishment of road connectivity between the two countries. Should plans push through, expect a significant boost to the trade and economic ties between Thailand and Bangladesh.

Embroidery is an important sector in the garments industry which requires quality embroider supplies in Thailand to be competitive with other countries. Embroidery is no longer the domain of a few experts because it has become a widespread and popular technique of applying decorations to garments. You can see elaborate embroideries in many items not just clothing and hats.