Media face challenges in Maintaining the wall

Hello, everybody in this blog I will be talking about the media faces. Which I will give you an example of Media face of DIY news.

Veteran journalist Laurie Oakes is predicting the rise of DIY journalism as political parties, interest groups and corporations set up newsrooms to try to sidestep scrutiny by the media.
''It's not hard - all you need is a laptop, 50 bucks for a video camera and you're away,'' he said on Thursday.He sees a gloomy economic future for mainstream media outlets but believes Australians will still want authoritative, fact-based news.
Oakes delivered an in-depth analysis of the future of the media in Canberra in the Walkley centenary lecture.

 

The annual Walkley media conference is being held in Canberra on Thursday and Friday to celebrate Canberra's centenary next year, and to recognise the national capital's important role in Australian life and the critical role that journalism plays in federal politics.
The prestigious Walkley awards honouring high achieving journalists will be presented at a black-tie dinner on Friday at Parliament House.
Oakes, himself a multi-award winner, said he wanted to be optimistic about the future of political journalism and the Parliament House-based press gallery.The symbiotic relationship between politicians and journalists is now changing.

Market head to China

The head of China's securities regulator said the country should do more to improve its capital markets, including its system for approving initial public offerings, the Shanghai Securities News reported Thursday. China Securities Regulatory Commission Chairman Guo Shuqing told a financial summit in Beijing that reform would help simplify administrative processes, including the procedure for delisting companies from the country's stock exchanges, according to the report. He also said the cabinet plans to approve the trading of bond and crude oil futures and listed companies should be encouraged to distribute dividends. Mr. Guo has been a vocal advocate of efforts to open China's capital markets since he became chairman of the CSRC in October. He recently gave local markets a boost when he said foreign investment in the country's stock and bond markets could be sharply increased

Thai airways annual report: Summary

 

 

 

Thai Airways International Public Company Limited is the national carrier of the Kingdom of Thailand. It operates domestic, regional and intercontinental flights radiating from its home base in Bangkok to key destinations around the world and within Thailand. The company's fully paid up share capital amounts to 16,988,765,500 Baht (9 May 2005) and is 53.77% owned by the Ministry of Finance, the Thai Government. At the end of September 2004, consolidated total assets of the company amounted to 193,211 million Baht. In its operations, THAI has achieved profitability every year for the last 40 consecutive years.

 

The cost of legal proceeding for the protection of the antitrust is the potential damages, which the Company had reserved the costs of damages and fine arisen from the antitrust infringement in the fiscal year 2008 amounting to THB 4,290.17 Million. In the fiscal year 2010, the Company has nevertheless deducted such reserved cost for potential damages in the amount of THB 1,783.19 Million. In addition, it must be noted that the Company has already recorded the cost of the professional lawyer for the case that the Company was sued, alleged and administrative costs, in the total of THB 186.28 Million. Consequently, the cost of legal proceeding for the protection of the antitrust can be decreased in the total of THB 1,596.91 Million.

 

Tax credit arising from net losses which incurred in the fiscal year ended December 31, 2008 in accordance with P.N.D. 50 amounted to THB 15,722.63 million. In the fiscal year ended December 31, 2009, the Company exercised its tax benefit amount of THB 6,301.78 million, leaving the balance of unexercised tax credit amount of THB 9,420.85 million which, the Company exercised such the whole amount of tax benefit in the fiscal year ended December 31, 2010.