Cake Monster
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Posts posted by Cake Monster
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9 hours ago, webfact said:BBL, recognised as the country’s largest lender by total assets and a primary creditor to ITD, chose not to reveal the exact sum of loans it has extended to the beleaguered contractor. The bank also did not disclose the identity of the largest lender among all the primary creditors.
Apart from BBL, other major creditors of ITD include Kasikornbank, Krungthai Bank, and Siam Commercial Bank.According to another source of news out of BKK a couple of days ago, a very large sum of Money has been loaned out by these Banks to Italian Thai already.
A considerable percentage of it being in the form of unsecured Loans
These Creditors have absolutely no choice at all in their action of trying to keep IT afloat.
They have to try and secure their money back after lending against poor quality
Any defaults by IT would hit the Banks very hard indeed, down grading their credit worthiness at the very least
Stormy seas ahead me thinks
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5 hours ago, herfiehandbag said:Intern them.
They are a defeated army which has fled across the border.
If they are allowed to fly out then they will go back to fighting.
And given that they are Officers and Senior NCOs they probably have good reasons for not falling into rebel hands. Some very nasty people likely!
There is every possibility that some of these " Senior Military " people will be wanted by the ICC for War Crimes.
Does Thailand wish to be seen aiding these monsters ?
It has also been reported that the flights were to also carry out " Important Documentation "
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5 hours ago, webfact said:
During his meeting in China, Sutin presented several proposals, keeping three factors in mind: the navy’s necessities, Thailand’s interests, and ensuring the over 7 billion baht spent on the submarine was not wasted.
Why would they have paid 7 Billion Baht for the Sub ? as a down payment.
Any procurement of this kind should have had a due diligence taken out upon it, which would have flagged up the fact that under EU Law, no parts or equipment manufactured in the EU are allowed to be used in anything manufactured in China for any kind of Military use
Gross incompetence
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On 4/1/2024 at 3:09 PM, Asquith Production said:
Just returned from a well known supermarket chain after having to jump over and push past trollys loaded with goods and trays of eggs on the floor with staff cross legged alongside them. It makes shopping very difficult and makes it impossible to look at or reach certain items. It does not seem to matter what time of day I go in their is always someone stocking shelves and causing a blockage. In other countries they have staff to resupply when the shop is closed. I realise that some products need to be restocked during the day but today every aisle had someone in it and the ones that did not had products causing a blockage.
Its not just shelf stocking that seems to be a daytime only activity
Are there any workers on the " important " constant roadworks that work during the night as not to disrupt traffic during the Day, or at least to minimize the disruption.
I think the introduction of night workers on these road works would speed the entire operation up no end
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2 hours ago, hotchilli said:
If it goes to oppressed people that need help it's fine... however if it's hijacked en-route and gets in the hands of the military then shame on Thailand.
I think there is a fair chance of the latter coming to fruition
Of course Thailand will say " we only supplied it and were not involved in its distribution "
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+1 on the accounts
It is your legal right to be able to view the Accounts on a Monthly basis,
These Accounts are legally to be posted in a prominent position where they are able to be viewed without any kind of restrictions.
200K in debt ?
I dont know how you became aware of this , but the residents to start asking some serious questions of the Management Committee, and the Accounts would be a good place to start
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2 hours ago, hotchilli said:It started long before that.
Thailand's Household Debt issues did indeed start way before Covid.
The occurrence of Covid did not cause a massive spike in borrowing
However, the Junta in charge did
They openly allowed the Financial Institutions to lend money that had a very high risk of default,
This was a policy that enabled the Economy to function without tanking.
Covid has long since finished, but the excuse is being used to cover the sheer incompetence of the previous Government.
The most scary part of all the Money borrowed is the fact that 80 % of it has been lent with little or no security upon it, unlike many other Countries that have high Household Debt that is secured against the likes of Property
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10 hours ago, ikke1959 said:
Miraculous cured from the neck brace....Probably no high bloodpressure too, but has fun as all problems are solved... Sissy is coming back soon too
The neck brace has come off to allow him to swallow great mouthfuls of prime steak, and the arm support has now moved to his back !
He cannot even remember to put of the smoke and mirrors dressing correctly
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6 hours ago, webfact said:
This is reflected in the high rate of home loan refusals and car repossessions.
What numbers do " high rate " actually entail
I have seen figures that some 50 + % of people applying for Home Loans are rejected in the 3M value and less sector.
This being the largest sector of the Housing Market, there is trouble ahead
Also I seen published that some 250,000 + vehicles were repoed last year and the number is projected to be even worse this year.
And lets not forget, all these projections and numbers re bae on then Date of Financial Year End( End Sept ) last year.
This Trian Wreck has had another 5 full Months to gather speed , so the Debt to GDP could easily be in excess of 92 % of GDP now, and the repos and NPL could be through the roof.
There is also very little or no mention of " Special Mention Loans " - those that are over due by 30 - 90 Days in these reports, and these Loans are also starting to soar
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Sure !
Some Travel is need for Business and Investment purposes as well as Diplomatic reasons
However Shretta seems to be a glorified Salesman on a mission to sell whatever he possibly can to keep his Country afloat
I am sure that other Countries dont need to peddle their wares in this fashion to attract Investment
Their track records and commitment to favourable 2 way relationships sell their own Investments
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20 hours ago, Bangkok Barry said:
No. And interesting info on the eye drops 'dosage'. Thanks.
I had Cataract Surgery only 3 weeks ago
Anesthetic used was drops which allowed me to return to normal within a matter of just an hour or so, and therefore could return home.
Injection Anesthetic takes longer to wear off - hence the possibility of an overnight Hospital stay.
I was given some Steroid+ Antibiotic combined drops to use when I left the Hospital, however they did not perform for me and upon my visit one week later, the pressure was over 20 so the drops were changed and after a further 7 days pressure was good
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16 hours ago, snoop1130 said:
As of the end of September 2023, Thailand registered one of the highest ratios of household debt in the region, standing at 16.2 trillion baht (US$451 billion) or 90.9% of the gross domestic product (GDP), reported Bangkok Post.
And there have been 5 further Moths since the published Data to today
I wonder what is the real number today ?
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PM Srettha's Diplomatic Mission to France, Italy, and Japan
in Thailand News - Discussion
So Lurch is off on another jolly to whore the Country to Investors
Its not as if the Country was doing so great now and he had the free time for these jaunts