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smutcakes

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Everything posted by smutcakes

  1. Obviously many of the large Thai conglomerates behind the scenes push against foreign ownership. Not because they are worried about land prices for the poor, but because it becomes a problem for their monopolies. Groups like Frasers (TCC), Central, CP, Singha all have close to zero competition in some of their business units due to land ownership restrictions preventing foreign competition entering the market or at least at a level which would allow them to be competitive- all on the pretense that Thais are not ready to compete and the need to protect the land for the poor...- whilst on the other hand Central just bought Selfridges (among other assets) Frasers have land and buildings all over the world, Singha recently bought a European hotel chain....
  2. Possibly. I think generally they dont pull up the company route as the ship has somewhat sailed on it. I think even the company route its mostly small scale, low investment individuals not in prime desirable locations (for the most part). I think if it started being used by large conglomerates to buy land it would be looked at quickly. In fact i think most large conglomerates are not going to try that route anyway due to the inherent risk with it, questionable legality and their lawyers for the most part would advise against it. Of course you would get the odd risk adverse one who would go down that route, probably Chinese who would set up a questionable JV with local people, but i think its fairly rare.
  3. There will be so much complexity and red tape to these regulations that very few will actually bother to jump through the hoops. I think in some quarters they are very worried about the Chinese and to a certain extent the Indians finding loop holes and unscrupulous officials to take advantage of this. I dont believe they are overly concerned by a few retired westerners buying a piece of land in Nakhon nowhere as on the overall scale the numbers would be low. I do find myself shaking my head a little when i read these very wealthy landowners and Thai hi so's who are complaining about it and pretending their concern is for the poor.... This while they skim off money all over the place and own houses and land all over the world...
  4. Shangri La if you are just going to potter around the hotel area with family. If you want to hit the bars or go anywhere in the day Landmark. Was in the landmark last week for the 1st time in probably 10 years and was impressed, they seem to have upgraded it, previously was always a bit run down.
  5. I was party to some of the technical DD aspects of the acquisitions. Two sites in Rayong and one in Chonburi.
  6. Well of course, how else does any condominium govern who can vote? You cannot have passersby walking off the street to vote of course you need to be an owner. (or below) You actually don't need to be on a chanote, your wife if she is on the chanote can give you a POA.
  7. They are not building in BKK. They have acquired 3 sites on the Eastern Seaboard. In BKK they will just rent space at other DC operators.
  8. I believe he does coding for one of the global online booking platforms. No idea of that could he true. I know how much he is paid from another source as well.. a financial advisor. He is just not the type to lie. Does not matter anyway.
  9. Yes 100% serious. I know it for a fact. Complete tight ass mind- typical IT geek as well (Italian) Pretty ugly looking and dresses like a tramp (but lovely gf). Anyway its still a decent wedge about 253K USD before tax at todays exchange rate, so not crazy. Its a global company- presumably he works not just on Thailand stuff but on global things. Irrelevant where he sits, they pay for his skills.
  10. Sure it will differ from industry to industry... i know a few guys in the office block here who work on the tech side of online companies and some of their senior guys (IT Geeks) are on up to 800K basic.
  11. Sure it might be above, but i know some of the local companies in the same business who also have some very good Thai staff i would like to poach, but they are happy where they are. When i have discussed with them on packages there salaries may average a little lower but its not by a large amount.
  12. I work for a Multinational Firm in BKK, where i would say most employees are middle to upper end of education. Obviously it depends from department to department but would say new starters would be on about 35-40,000 THB per month, plus 2-3 months bonus (admin/secretary roles) Experienced staff but not management level closer to 60-80,000 THB plus bonus or commission Management and director level from 130-400 K plus bonus or commission Technicians who normally are just higher education and vocational training about 17-19,000 K The job market is very active at the moment and it is very difficult to retain good staff. Its one of the issues in Thailand in that many companies do not progress staff on a performance basis but more a length of service. Many younger staff tend to jump around for salary improvements as you are barely rewarded for long service, with a general pay rise of 3-4% per annum whereas if they move job they can jump up 50% in a go in the current labor market.
  13. Hows the case coming along of money being paid to smaller parties which Thammanat posted photos of? From a location/account which is the home base of Prawit?
  14. Were you surprised to see AWS 5 billion USD investment announced over the next 15 years?
  15. So they can just read their agreement? How the hell would anyone else know what their agreement says.
  16. Depends how long you signed your lease for, and what the agreement says.... Cannot believe people ask this question.
  17. If you have a 12 month contract with no clause about leaving early, legally speaking you are on the hook for the full 12 months- however most landlords would not bother filing police reports and taking you to court over it and would just take the deposit. Not really much point for landlords having year contracts, which presumably you negotiate at lower rental, if you can just walk away early. May as well just do month by month.
  18. Neither would I, but at least they have been successful enough to try living over here-- some dont even get that far... Not sure how far below average they would be.... any ideas?
  19. On another note, there is not a chance in hell Putin is coming to Thailand.
  20. They are more than welcome to not trade with G7/8/20 countries or turn down the foreign aid..... On the one hand its bad that they are 'controlled'- we dont want to be 'controlled' but we still want to trade and take the money.....
  21. Absolutely laughable stuff in this thread... a member who carries a 'blade' to cut his hoagies but also for self defense.... Lets hope if you are ever attacked they kindly give you a few mins to put your specs on and rummage around in your bag to find your 'blade' and then you can go to work with your 'blade'. The BS and downright obscure things that people do and say on this forum get wilder by the year....
  22. Arthit is a rampant yellow shirt and has a long history of supporting supporting anti democratic causes. According to reports he was one of the main backers of the PAD... and an arden propenent of an unelected group to oversee the 'reform' of the country....
  23. Actually from an opposition point of view it is probably better the CC vote with Prayuth. That will drive the narrative and discord far more towards the votes next year than changing now. Many Thais have short memories and come 6 months down the line, many may have tempered views if the PPRP managed to do a few things to improve their image. Having him there or not make zero difference to the election schedule, so its almost worth keeping him from an opposition point of view.
  24. The only thing i can say with 100% certainty is.. the decision of the CC will have zero to do with what the law actually says...
  25. You can simply buy the Kirkland Nuts in their regular Tops.
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