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Eric Loh
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Posts posted by Eric Loh
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Seem like the private sector and the general public are doing more for the victims of the serious flooding in the NE than the government.
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1 hour ago, natway09 said:
Hang on, this applies globally
Irrelevant and diversion. Stay local.
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Thailand with Prayut will never learn anything as they will push ahead with 3 coal fired projects in the not so far future.
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1 hour ago, Eric Loh said:
Why crow about this rather mundane news. Thailand has been the world biggest rubber exporters for years by virtue of the world largest cultivation area of 3.5 million hectares. The second largest cultivation area is Indonesia and miles away at 3.15 million hectares. Rather we should be concerned that the exports consist of natural rubber rather than value added rubber products.
I misquoted. Thailand cultivation area is actually 4.5 million hectares.
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18 minutes ago, z42 said:
I wonder how sustainable they determined having 1000 plus Generals was.
It would be fair to label the Army leadership in many of the region's individual forces as "crooked" i'd say. What a nonsense meeting, I wonder what it all cost.
It does sustain the 1,600 generals with wealth and power and probably new lease of life as senators etc and if you are lucky ministerial positions. Old Generals here never die but re-cycle.
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Why crow about this rather mundane news. Thailand has been the world biggest rubber exporters for years by virtue of the world largest cultivation area of 3.5 million hectares. The second largest cultivation area is Indonesia and miles away at 3.15 million hectares. Rather we should be concerned that the exports consist of natural rubber rather than value added rubber products.
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4 hours ago, candide said:
Additional interesting information:
And in the other journal an article about a Bitcoin suspect who says he was duped
The irony was that Thammanat Prompow was in the 2016 Prawit black list of 'influential figures'. Yet in just 3 years, he is in Prawit's government as an influential minister.
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I thought the water management plan was one of the top agenda after the coup. Seem the junta sat on it for last 5 years and 9 years after the big flood. Wasteful years of procrastination or just pure incompetency.
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Nice way to appease the navy after a history of acrimonious relationship.
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58 minutes ago, rkidlad said:
These crimes are worse. They are held accountable to no one. That's very, very scary.
It gets more scary when their unaccountable acts are repeated 20 times and the current army chief is itching for another one.
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3 hours ago, Stargrazer9889 said:
I do look forward to the day the Baht falls over the cliff. It may not be
this year or the next, but someday...
Geezer
I wouldn’t if you intend to stay here. If Baht collapse, it will bring in imported inflation and will result in hyper inflation. Your foreign money gained due to weak Baht will be spend on higher prices of practically all products.
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1 hour ago, the guest said:
I feel another 1997 coming on !
Unlikely for 3 reasons - then the Baht was pegged (since floated), massive USD borrowing offshore (now more Baht borrowing and small foreign reserves to fight off Soros (massive foreign reserves to thwart currency speculators).
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15 minutes ago, Baerboxer said:
How does that compare with the likes of Chalerm etc etc?
Equally scaly but he didn’t crossed over so he gets a brownie point.
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12 minutes ago, Baerboxer said:
What's interesting Eric, is that this again demonstrates that people vote for a person rather than a party. Which is one reason why people feel safe changing parties whenever it suits them. Hierarchical patronages with clan like loyalties.
One does wonder what police rank the gentleman was holding when he turned Red Shirt law breaker?
PTP has conceded before the election that they will lose Kampong Phet because of the populist policies like welfare card and the 3 years moratorium on loans. These were powerful reasons for the lost; not so
much due to the person. Let’s see the by-election which will reveal a lot.
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16 minutes ago, OneMoreFarang said:
All red-shirts should be in jail.
No red shirts - no problems.
Don’t forget to bring along the blue, yellow and green shirts.
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14 minutes ago, scorecard said:...was the incumbent since TRT days, nice example of long-term cronyism and gangs of scaly politicians unethical ...
This scaly thrash was embraced warmly by your scaly government plus one convicted drug dealer. That pales beyond unethical.
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6 minutes ago, jonclark said:
PPRP won by a landslide there with nearly double the votes of PTP in 2019. Think the most likely outcome is another win, but a low turnout might affect the number of votes the micro parties get and their party listings.
PPRP got 30,012 against PTP 17,751. Pol Gen Waiphote was the incumbent since TRT days. This by-election will be a bellwether test on PPRP support now that Waiphote is not able to contest.
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1 hour ago, Cadbury said:For expats and exporters who were hoping it might fall sometime soon. From Bloomberg.
"......strategists say the currency isn’t likely to lose its newfound status as a haven anytime soon, thanks to Thailand’s rising current-account surplus and record foreign reserves".
“’Thai baht remains a safe haven as we haven’t had significant impact from the worsening trade war like other emerging markets,” said Jitipol Bangkok-based chief strategist at Krung Thai Bank Pcl. The third most-accurate forecaster for the currency last quarter predicts the baht will rise to 30.25 per dollar by the end of the year",
The baht is a double edged sword. Great for the military and the rich elite who get their money out and store it offshore and watch it grow but a disaster for exports and the economy.
A lot going for the Baht in a world where institutional investors are chasing for yields. Current current surplus, strong foreign reserves, low PE ratio stocks, good yield for bonds, debts at manageable level, debts mostly denominated in Baht and stimulus spending based on assets rather than printing money like the west. A opportune time for government to have policies to encourage import of technologies to improve productivity i.e. if they have the brain cells in the cabinet to seize the moment.
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On 9/11/2019 at 4:43 AM, webfact said:
it was Thai society that will judge the MPs in the parliament.
Bold statement when he didn't even stand for election and has to cheat and bribe to be the PM.
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He even got himself a PhD from a non educational accredited Calamus Int. University. Probably bought on line.
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The government must reform the process of obtaining working visa and permit if they serious in making business easier for investors. The same amount of repetitive paperwork every year is tedious and wasteful.
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8 hours ago, webfact said:
He said the government could borrow more money or push the debt up to 70 per cent of the GDP
Stop giving this government any more ideas for military procurement.
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7 minutes ago, webfact said:“There are those finding fault with the government all the time these days,” Prayut sasid.
Get use to it. This is democracy, well maybe quasi democracy.
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16 minutes ago, londonthai said:
yes, nobody convicted of drug offences can run for public office. Constitution was broken by the party he was running for, as well as by the PM, who knew well about his conviction but decided to ignore it.
You can judge for yourself whether he fit the eligibility to be a ministers. As for me he failed under item 5 and 7.
Thailand 2017 constitution.
Section 160 • Eligibility for head of government A Minister must: 1. be of Thai nationality by birth; 2. be not less than thirty-five years of age; • Minimum age of head of government 3. have graduated with not lower than a Bachelor’s degree or its equivalent; 4. be of evident integrity; 5. not have behaviour which is a serious violation of or failure to comply with ethical standards; 6. not be under any of the prohibitions under section 98; 7. not be a person sentenced by a judgment to imprisonment, irrespective of the finality of the case or a suspension of the punishment, except for an offence committed through negligence, a petty offence or a defamation offence; 8. not be a person whose office has been vacated on the grounds of committing any prohibited act under section 186 or section 187, for a period of less than two years up to the date of appointment.
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Future Forward spokeswoman’s remarks about charter draw flak
in Thailand News
Posted
This certainly help in getting the endorsement
“The Court’s decision allowed the Election Commission (EC) to deem any criticism of the draft as a distortion of the facts, resulting in widespread arrests of local politicians, university students, and political activists who voiced disagreement with the draft”.