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scotinsiam

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Posts posted by scotinsiam

  1. Wow, I missed that story. Where did you read about that? My landlord is also foreign I hope this is a one off.


    Also that report this week of a retiree's renewal being refused because the owner of the condo he rented was Chinese, rendering the rental illegal because the owner was not permitted to work in Thailand. Hopefully just a one-off bizarre decision but if it in any way represents the start of a fad to exclude foreign landlords it will pour cold water on the entire market.


    Sent from my FLA-LX2 using Thailand Forum - Thaivisa mobile app

  2. 17 minutes ago, mran66 said:

    Just FYI in case relevant to someome: paid a visit to Jomtien immigration for this TM30 to

    file my report & ask about the latest requirement, said that before was told that no need to do if on retirement ext and return to same address.

     

    Answer was that new rules now: would need to do every time. Maybe due to the overall situation around TM30.

     

    Whether not filing has any implications for renewals etc is another matter, you never know....

    I was previously told not needed again as on retirement extension - looks like its changed ???? what documents did you need to show them? I have a rented condo. cheers

  3. https://www.nasdaq.com/article/thailand-plans-10-bln-stimulus-to-support-economy-20190816-00088

     

    Thailand plans $10 bln stimulus to support economy

    August 16, 2019, 04:19:00 AM EDT By Reuters
     
     
     

     

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    2019-08-16T044726Z_1_HC2_RTRLXPP_2_LYNXPACKAGER.JPG.ashx
     
    Reuters

     

    By Kitiphong Thaichareon and Orathai Sriring

    BANGKOK, Aug 16 (Reuters) - Thailand is planning a stimulus package worth $10 billion that will include support for farmers and tourism, its finance minister said on Friday, in a move to shore up a flagging economy.

    Southeast Asia's second-largest economy expanded 2.8% in the first quarter, the weakest annual pace in more than four years, as exports - a key growth driver - have declined amid rising trade tensions and a strong baht .

     

    Following discussions between economic and finance officials, the package was worth 316 billion baht ($10.23 billion), Finance Minister Uttama Savanayana told reporters.

    The stimulus package will help "cope with a global slowdown and enable the Thai economy to grow as targeted," Uttama said.

    Earlier in the day, in a post on Facebook, the minister had announced a package of at least 225 billion baht, but that post was removed.

    The package - which will be presented to the cabinet next Tuesday - includes loans and a debt moratorium for farmers, loans for smaller businesses, and more money for low-income earners.

    However, the package does not include subsidies for farm prices, as initially announced. Uttama had said the government would guarantee rice prices at 10,000-15,000 baht per tonne, cassava and rubber prices at 60 baht per kg, and oil palm prices at 4 baht per kg.

    Farm price guarantees will need to be considered by relevant committees first, Uttama said.

    The government will provide cash handouts of 10 billion baht for 10 million people plus tax breaks on domestic tourism spending. Uttama had initially announced cash handouts of 15 billion baht.

    Kobsak said the government will offer visa exemptions for visitors from China and India as it aims for 39.8 million foreign tourists this year and 41.8 million next year. Foreign tourist receipts account for 12% of Thailand's GDP.

    The measures should generate cash flow of at least 200 billion baht in the economy in the second half of the year, Uttama said.

    Nomura economist Chanon Boonnuch in Singapore said the stimulus would help offset some of the downside risks to growth posed by a worsening drought and the knock-on effects of the Sino-U.S. trade war.

    Second quarter gross domestic product data, due to be released on Monday, is expected to economic growth slowing to 2.4%.

    Last week, the central bank said 2019 growth might be less than its forecast of 3.3%, after last year's 4.1% expansion.

    ($1 = 30.90 baht)

     

    • Haha 1
  4. Thanks for the good wishes [emoji16] It's true the method I get my extension with hasn't altered much. For me it's a combination of dozens of rules and regulations relating to life in general here.
    I loved living here and now my feelings have changed, I think as I get older I dislike constant change and uncertainty about the future. Who knows maybe in a few years it will improve. For me personally it doesn't feel like home anymore. I don't feel any resentment but I think for me it's time for a change.

    If you are on retirement via the 800k method, I am not aware that anything has changed except the spending profile which I am sure does not bother you seeing as money is no issue.
     
    Other than that, it was good to hear your account, Vietnam is not for me but I wish you good many years there.


    Sent from my FLA-LX2 using Thailand Forum - Thaivisa mobile app

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