Flying ‘Buddhist monk’ pictured in a private jet and carrying a Louis Vuitton bag is exposed as a fake who is married

High flyer: One of the Buddhist monks featured in the YouTube cilip, Luang Pu Nenkham Chattigo, has been accused of being married, and a fake

Colonel Pong-in Intarakhao has also claimed that the monk owns two houses, as well as an incredible 13 cars and motorbikes. The abbot is currently believed to be in Europe, and has been ordered to return to his home country within the next 30 days by Mr Benjawatananun. Accused: Pu Nenkham, who is abbot of the Khantitham Forest Monastery in north eastern Thailand, is allegedly married to a woman called Yupinpraethong Janthawa Under suspicion: He has also been accused of being a fake, and wearing the religious robes despite not being entitled to do so – a criminal offence in Thailand Thailand has attempted to help Buddha’s 2,600-year-old doctrine stand the test of time through a variety of means, including imposing a ban on the sale of alcohol on religious holidays. The efforts, however, are sometimes tainted by the monks themselves. Last year, about 300 out of 61,416 Buddhist monks and novices in Thailand were reprimanded – in several cases removed from the monkhood – because of their misconduct, ranging from alcohol consumption, having sex with women, to extortion. The office also received complaints about monks driving cars, and scams and false claims of black magic uses by monks. Mr Nopparat has said the monks in the video were acting ‘inappropriately, not composed and not adhering to Buddha’s teachings of simplicity and self-restraint’. Monruedee Bantoengsuk, an administrative officer at Khantitham Temple in Sisaket province, confirmed that the monks on the private plane lived at the temple but refused to give details about the trip.

Sorry Louis Vuitton, China’s No Longer Into You

Hannah Tattersall Dates July 7 to August 30 Prospects Bets are on New Zealand to win Americas Cup Starts September 1; americascup.com As the series designed to provide the contender for the Americas Cup, the LouisVuitton Cup has always been the lesssignificant race of the regatta. But with more boats on the water, manyargue its the event that showcases better racing. Come July 4, Emirates Team New Zealand, Luna Rossa from Italy and Swedish squad Artemis Racing will compete to decide who challenges defending champions Oracle in the Americas Cup in September. The oldest sporting trophy in the world, the Americas Cup is a race run and dictated by the wealthiest men in the world. The competitions former yachting magnates include tea drinker Sir Thomas Lipton, English aviation pioneer Sir Thomas Sopwith, Harold Vanderbilt and CNN founder Ted Turner. Australian entrepreneur Alan Bonds money helped snatch the Cup from American control 24 years ago. Current defending team Oracle is named for billionaire owner Larry Ellisons tech organisation, Oracle Corporation, and Forbes estimates Ellisons wealth at $US43billion ($46.82billion), ranking him behind only Bill Gates and Warren Buffett in the United States. Torbjorn Tornqvist, an accomplished helmsman and director of Gunvor Group, the fourth-largest crude oil trader in the world, owns Artemis Racing. Luna Rossa belongs to Prada chief executive (and husband of Miuccia), Patrizio Bertelli. Funding could run dry Team New Zealand is the only team owned by a trust.

Louis Vuitton to buy croc skins

To be fair, of course, Louis Vuitton is not licked yet. Not by a long shot. Its firmly in the No. 2 spot. David Sadigh, Founder & CEO of Digital Luxury Group,said Louis Vuittons weak first quarter had a lot to do with China being over-sold the brand. Brands from different segments ranging from Chanel to Coach or Burberry are continuing to grow. The Chinese market is still developing. In order to stay ahead of the game, brands must have the ability to adapt (and) reduce the risk of brand saturation. In the case of Louis Vuitton, LVMH has already shifted gears, putting the brakes on its global expansion, while raising prices and developing more leather upmarket products, he said. This years China World Luxury Index shows Chinese consumer interest in the luxury fashion segment is mostly fixated on 10 global brands.

Louis Vuitton buying Philippine croc skins

Peacekeepers to stay in Golan MANILA: The Philippine government will continue to deploy Filipino peacekeepers to Golan Heights provided that the United Nations will improve the security measures for them, a senior government official said yesterday. Foreign Affairs Secretary Albert del Rosario said this was the condition set by President Benigno S Aquino III after an assessment team, of which he is a member, submitted its recommendation to him. Subject to meeting considerations which the Philippines has made to enhance the security and safety of our peacekeepers, the President has expressed the Philippines is prepared to continue its United Nations Disengagement Observer Force participation, he said. He added that the president has agreed to continue with the deployment of the 340 contingent until August 11. Councillor shot dead in Abra MANILA: A councillor was killed and robbed after he bought cattle in Abra province, police said yesterday. Police identified the victim as Rogelio Talingdan, 52, a businessman of Sitio Naguilian, Brgy San Gregorio, Lapaz, Abra. Investigation showed that a gunman approached and shot the victim twice on the head after he negotiated to buy cattle at Brgy Talogtog, Dolores last July 4 at the porch of the cattle market office. The assailant grabbed the victims jacket which reportedly contained P500,000 then ran toward Brgy Kimmalaba also in Dolores, police said.

Louis Vuitton series sets off as America’s Cup drama begins

The trunk maker owned by Paris-based LVMH Moet Hennessy Louis Vuitton SA (MC) lifted prices on bags such as the Speedy and NeverFull by about 10 percent in the euro region, Antoine Belge , an HSBC analyst, said today in a note to clients. Vuitton raised prices by at least 10 percent in the U.K. and U.S., and by 5 percent to 10 percent in Asian markets including China, Hong Kong, Taiwan and Singapore, the analyst wrote. The euros strength against some currencies may lead LVMH to charge more, Chairman and Chief Executive Officer Bernard Arnault said Jan. 31. Vuittons price increase in Japan, the biggest ever by the brand in the country, was taken to offset the impact of the yens slide on sales, the company said Feb. 20. In addition to protecting margins, the price increases must be seen, in our view, as a means to accelerate LVs repositioning towards more leather, Belge wrote.

7×7 Exclusive: The Making of a Louis Vuitton Bag

Step one? Choose a bag. Here are your options: 1. Milaris. The name combines Milan and Paris. It was created for the first Salon H.M. in Milan in 2011.

LVMH Lipstick Growing Bigger Than Bags as Vuitton Slows: Retail

New and upgraded stores at airports and in downtown shopping districts, where travelers can buy goods and claim back value-added tax when they leave the country, mean DFS is well positioned to benefit from growth in Asian tourism, said Magali Dubreil, an analyst at researcher Planet Retail. Attractive Investment While Selective Retailings earnings before interest and tax will expand 24 percent annually through 2017, three times the pace of LVMHs fashion and leather goods division, according to Sanford Bernstein, its less profitable than other parts of the company. Vuitton alone accounted for more than half LVMHs 5.9 billion euros of Ebit in 2012, Exane BNP Paribas estimates. Selective Retailings profit was 854 million euros last year — 14 percent of LVMHs total. Still, Sephora and DFSs mass-market appeal makes LVMH an attractive investment as Vuitton raises prices, uses more leather in its collections and limits store expansion to appear more exclusive, says Exane BNP Paribas analyst Luca Solca.

Louis Vuitton Raised Most Non-Leather Handbag Prices, HSBC Says

Quality crocodile skin commands a very high price and is said to be sold per centimeter. Located in Barangay New Katipunan in Kapalong, the 10-hectare JKMSAE farm breeds over 6,000 crocodiles both for conservation (Crocodylus mindorensis species) and trade purposes. The crocodile slaughterhouse is considered to be the most modern and second largest in the country. Mercado said that the JKMSAE slaughters at least 24 crocodiles a day. The reptiles first undergo an electric stunner and the coil is cut before their brains are picked to make sure that the crocodiles are dead. Mercado said that while the skin is sold to blog url luxury bag makers, the crocodile meat, on the other hand, is sold in the local market and made into delicacies.

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