Cake Monster

Firstly, I personally think that 7,86 % is not the true number, and it is closed to 9 %, or maybe even as high as 10 %. Secondly, 1 % to combat Inflation is no where near enough as you have correctly pointed out. This rise to 1 % is neither going to reign in Inflation ( which is due to increase again once the Electricity rises, and minimum wage filter through to Factory Gate prices ) It is a half A@%$D attempt at trying to slow down or halt the Capital outflows from the Country as money from the 2008 crisis is relocated back to higher earning places. And Thirdly. The BOT are trying to slow the Interest Rate rises basically because their hands are tied by massive amounts of Household and Corporate Debt that has been amassed during the Covid period. Loose lending has placed Thousands and Thousands of people very, very close to delinquent Loans and defaults already, and any rise in Interest rates will push them into NPL and Special Mention Loan defaults. This is a place Thailand does not want to go, but the Loans ( or much of them ) are against poor Asset Value, such as Credit Card Loans, Vehicles and White Goods.

Technical publications need to be used in a place of Technical Learning. A really good home for these Books may be the Disabled Learning Center on Soi Umai Its the Soi next to Big C, Central Pattaya ( Klang )Road going towards Nua ( Right at lights for Big C if coming from Suk ) and the Center is about 1 KM along on the Right I know they have classes in Computer Repair, but not sure about coding. Hope you find a good home for these Books.

I dont know how old this Kid is, but Children under the age of criminal responsibility, whether instructed by their Parents or others what to do with a Gun safely, should have the thing taken from them and destroyed. OK, its only a BB gun you say, but its very easy to wound another person seriously with this thing, so making them criminally responsible for their actions is correct. Allowing this child to have the weapon, is asking for problems down the line. BTW, Me, I was a NSRA Club Instructor in the UK for many years, so I maybe just have a little more knowledge of Gun issues than some of you.

Its all well and good for Prawit to beat a drum for Solar Energy, but the Government need to start showing some initiative of their own, instead of the population having to foot the bill for expensive Energy solutions. A really good start would be to resurrect the Power Stations that were built for burning Household waste and then allowed to fall into disrepair, making them obsolete now. Thailand, as usual, are well behind the curve on anything to do with the Environment and alternative energy sources. Now is the time to really get on board, or forever be a Third World Country with high Energy costs which will decimate the Industrial Sector and Exports.

Banksys permission or not, I am really surprised this Exhibition is going ahead considering the Artists " Abrasive " nature against authorities.

There appears to be some kind of " Smoke and Mirrors " activity concerning the amount of Household Debt to GDP. Six months or so ago, the debt was reported at 94 % of GDP, and was projected to rise to nearly 100 % of GDP by the Years end. A report in about April of this Year, stated that the ratio of Household Debt had increased by 13 % over the previous 2 Quarters, an insane amount. This publication of the Household Debt, does not include the amount of Money that is in the hands of the Loan Sharks, and is additional Debt to the published numbers, and the amount in the hands of the Loan Sharks is also an eye-watering amount The amount of Capital outflows was reported in a paper out of Bangkok as being some 5 + % of the entire Foreign Currency Account. These outflows are going to continue, as better rates are now offered in the $, than the baht, and most, if not all of the money located into Thailand during the 2008 financial crisis, is going to be relocated back to the US. Thailand is indeed between a rock and a very hard place. Pushing up the Interest Rates to combat the rising Inflation ( which is going to increase once the Electricity and Labour rates hit Factory Gate prices ), is going to push so many people into Delinquent Debt, such is the amount of borrowing. It has to be remembered that most of this Household Debt is against poor asset Loans, such as Vehicles, Credit Cards, and White Goods. During Covid, the Gov,t had a policy to keep the Economy ticking over by increasing Domestic Consumer spending. Well !, that is now coming back to bite them in the Butt.

Look into Roof Sealants from a Company called " Sista " Did the job for me.

There are plenty of " Development Projects " within Thailand. keep building - no sales - keep building

I for one, as I am getting older have become much less tolerant of Stupid or Stupid People. Maybe thats the reason for more Stupid on the Planet these Days.

Too many Years of poor infrastructure, with little or non attention being paid to one of the fundamentals about building. Of course, all kinds of " Boys Games " have also been played out, and the end result is what we have today. And nothing has been learned, so the problem going forward is going to get worse.

Clearly, Prawit is becoming very concerned about all the Capital outflows from the Country. However, Thailand has a huge Bear in the room. Its called Household Debt, and Cooperate Debt.. The BOT is stuck between a rock and a very hard place. They are reluctant to raise Interest Rates due to all the Household Debt, much of which is against poor asset Loans such as Vehicles and White Goods. This is the direct result of the Governments " initiative " during Covid to keep the Economy ticking over, and this " initiative " has now come back to bite them in the rear end. Even a small rise in Interest Rates will push many people, and Business's over the edge into NPL, and Managed Loans Etc, such is the amount of Debt that has been issued by the Banks. 13 % of GDP issued over the past 6 Months alone in just Household Debt. To not raise Interest Rates, means the Capital outflows will increase even further meaning the Countries Credit Rating will fall, and their own borrowing will become more expensive. It will also mean a Country of high Inflation, which in turn will deter Tourists, and add extra costs onto production of export Goods. Interesting times ahead.

As sure as the Sun will rise tomorrow, just before the Chinese Vegetable Festival all the prices rise because of a " shortage "

I read in a report from another source, that most of these Cars were stolen about 5 Years ago, They may have come to Thailand via the Middle East, where they have had the Bolts blasted out of them before shipping here.

When the extra costs of production kick in due to the additional Wage rise of the Workers and the massive Electricity hike, you can expect the cost of everything you buy to again increase in price. This will push Inflation to double figures for sure by the Year end. Many Economies around the Globe are experiencing Inflation rates of around 8-9 %, but they already have the addition costs of Fuel added in. Thailands Inflation was reported to be 7.6 % , - without the additional cost of Fuel . With household debt running at record levels, there are sure to be many, many NPL going forward, debts are going to go delinquent for Houses, and Vehicles, in a major way. Thailands Economy is ( IMO ), not in a good place at the moment. Tourist numbers are lack lustre, at best. Export costs will rise due to the Electric hike, making products more expensive in a Global Market that is close to recession. Consumer spending is going to plummet The Property Market seems to have stalled And, there are large capital outflows from the Country.

40 Baht per room per Month Close to Pattaya

My Missus has some Dormitory Apartments, and Her Monthly fee for Garbage collection is 400 Baht to the Local Authority.

Any pay increases that the workers were due to receive, have already been eaten away by the cost of Electric and Gas alone. The allotted 5 % wage rise along with the 18 % rise in Electric and the huge rise in Cooking Gas, is going to see another large spike in Inflation, as all products from the Factory Gate will rise in price. Thats everything from Cars to Vacuum Cleaners to all Food and Drink items. Inflation was recently published to be at 7.6 % If that is the true figure, then its going to rise by another 2-3 % minimum by the Year end, reaching double figures. Exports will also take a huge nosedive in the near future due to the additional Manufacturing costs, and consumer spending is also going to plummet. With slow pickup in the Tourism Sector, there is not a very rosy picture to be painted at this moment in time for the Countries future going forward.

Thai Society of today, is indeed very twisted, and sick in so many aspects. We hear almost daily of Children who suffer the most terrible abuse, often from those who are supposed to be protecting them. And very often the abuse is known to a Neighbour or Family member, who allow the abuse to continue without stepping in to prevent it. The Old and Infirmed do not seem to escape the wrath of those, often family members who heap torment and abuse upon them also. Something is severely lacking within Thai Society, and having lived here now for 15 Years, I can state that the problem seems to be getting worse on an almost Daily basis.

Wow ! It only took them 2 Hours to send some Engineers out to sort the Dangerous issue out. Thank God that the Kids and the Uni Student that tried to help them are all OK. This could have been far more serious

The Tolpuddle Martyrs used these things in their revolt many years ago.

I personally would be more interested in the number that actually stayed and booked Hotel Nights. This is just more nonsense rhetoric trying to big up the Tourist Sector, that is still very clearly on its A@@e

I had visions of the little Ball Bearing bobbing about in the Chao Praya River when I read the headline at first.

With many of those projected 10M, trying to pay their ever rising Energy and Food costs at Home, the 10 M is more likely to be nearer to 1 M. When things get tight, the first " Luxury " to go out he Window, is a Foreign Holiday, and with the state of the World at the moment, Thailand has to be very, very special to attract any Tourists at all.

Any person that lives here, and walks around without wearing Rose Tinted Glasses, will have seen over the past several Months a very marked slowdown in the Economy in general. Tourist arrivals and Vacationers is still very poor. The Factories are not as busy now, with Staff having little or no overtime, and in some cases there are even layoffs. Local Markets are very quiet, with few customers willing to spend. The pace at which people are trying to borrow Money is increasing, along with NPL of Loans on Vehicles and Houses. The Property Market has slowed significantly from even 6 Months ago The combination of a 18 % rise in Electricity over and above the 7 % seen in May, and a new minimum Wage rate, is going to add even more pressure to an Inflation rate that IMO is understated at 7.6 %, as all factory Gate goods will rise in price to the Consumer. The future is indeed not looking too Rosy

Its going to cost the Gov,t a whole heap more than that. These people expect the crisis to be over soon, and all will be good again in the land of dreamers. Alternative sources of fuel are the real answer, or do they know something we do not.