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Eric Loh

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Posts posted by Eric Loh

  1. 1 hour ago, rooster59 said:

    The finance minister said a decline in export sector due to the world’s economic recession has prompted the state firms which have a combined 330 billion baht in investment capital to spend more on their respective economic bolstering projects. So far, only about 80 billion baht has been reimbursed while more is to follow in May and June.

     Can only think of 2 reasons why they have not spend the approved capital. Either they are incompetent to identify good returns investments or the kick-back amount not to their liking. 

  2. 1 hour ago, garyk said:

    Thailand has aligned with China totally now. Thailand, China used to taking advantage of the US now feel's the pain. Thailand has pretty much alienated all western countries, tourism and expat's to visit and live in Thailand will dry up and the people will suffer horribly.  

    It will get so bad soon that Thailand will start changing their laws, but it will be too late IMO. 

    Way overdue IMO, let them eat their rice, and dream about the past good times when relations with the western countries were good.

    Maybe the silver lining is that Thailand largest trading partners are not all western countries. Actually of top 10 countries, only USA and Australia who is more an Asia Pacific country. China happen to be top and also in tourism. Doubt a small country like Thailand can alienate all those big powerful western countries. 

  3. 52 minutes ago, boonrawdcnx said:

    Oh the coward Chalerm is back! Where was he the last 5 years while Cha Cha and his cronies dismantled everything that was left of Thailand’s fragile democracy?


    Sent from my iPhone using Thaivisa Connect

    He was quiet after demanded to report to the the army barrack with other previous ministers. Those NCPO policies warning against criticism must have affected him like so many others. It was not a normal time last 5 years.

    • Haha 1
  4. 1 hour ago, gamini said:

    Taxation is relative to all political parties and usually is an important part of the manifesto.

     no party, which has been elected has any policy of taxation at all. In fact, they all have the same fiscal policy. None of them had advocated higher taxes and taxing the rich, so the voters had little choice. Maybe that's why so many of them voted for the junta parties.

    No doubt is that tax reforms are important which is why all parties include them in their manifesto. You can look that up here https://prachatai.com/english/node/7980 and find the list of tax reforms which include personal tax, inheritance tax, land tax among many other proposed tax reforms. 

  5. He seem like a utility man and been hanging around in the party for a very long time but never had the fortitude to speak out against the party incumbents. Some may call that a lack of spine. He will allow himself to be cowed by the more vocal pro military party members. Done deal and heading to the arms of the PPRP.

    • Sad 1
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