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Srikcir

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Everything posted by Srikcir

  1. I was thinking blue skies and oceans for freedom, blue tea for common folk and blue in the Thai flag for country.
  2. Esso's crude oil refining capacity in Thailand 2021 was 177,000 BPD. Bangchak was 120,000 BPD. www.statista.com So maybe with acquisition of Esso refinery Bangchak increases its output by 177,000 BPD based on 2021 outputs? For a total of 297,000 BPD based on 2021 outputs that would place Bangchak #1 in Thailand's crude oil refinery vs RRC/PTTAR/PTTCC at 280,000 BPD, moving from 6th place (2021). Hence: The company now plans to increase its refinery capacity to 294,000 barrels per day, effectively making it the largest oil refinery company in Thailand. Anyone remember this acquisition being actively reviewed and approved by the Thailand SEC with public comment as now two refinery owners appear to control the Thailand crude oil refinery industry? All I could find is that " ... Bangchak sent the acquisition intimation (sic) to the Securities and Exchange Commission on Monday (August 28)." ref. September 1, 2023 https://www.nationthailand.com
  3. Normally traffic lights change from green to orange/amber before turning red. That allows drivers to safely leave the intersection. So maybe the driver entered the intersection on orange instead of stopping?
  4. Maybe begin a shift from funding massive highways, bridges, train systems and military conveyances all of which provide no escape from climate change.
  5. MFP should adopt the Blue color reflecting a fresh and clean direction towards democracy.
  6. About as effective as the UN Permanent Security Council.
  7. What has past are the legal restraints against another coup. Dropped from the 2007 Constitution in the 2017 Constitution written by the NAPO coup leadership : Chapter III "Rights and Liberties of Thai People," Part 13 "Right to Protect the Constitution": "No person shall exercise the rights and liberties prescribed in the Constitution to overthrow the democratic regime of government with the King as Head of State under this Constitution or to acquire the power to rule the country by any means which is not in accordance with the modes provided in this Constitution."
  8. Good news but doesn't change fundamental challenges facing foreigners in China. "Sharp Decline in the Number of Foreigners in China Demands Serious Attention," June 2023. https://www.pekingnology.com For example, "... the actual implementation of China's policies and social-cultural environment still have room for improvement to effectively accommodate foreigners." A very "softball" observation. In terms of proportion of foreign residents in China, China lags behind (0.05%) even with countries like Laos (0.08%) and Cambodia (0.05%), or compared to other developed Asian nations such as Japan and South Korea (0.8%).
  9. In February 2023 the Bank of Thailand published "Sustainable Solutions to Thailand's Household Debt Problems" is detailed on the subject. You want to be wide awake to entirely read it. https://www.bot.or.th An example of a debt area among many identified is "Debts that Require Immediate Attention." It covers 70% Non Perfoming Loans (NPL's) which are mostly personal and agricultural loans which are held by Specialized Financial Institutions. It proceeds to address the desired outcomes from immediately solving problems from 4 types of debt and remedial actions. So it seems to me that NESDC's current revelations now are very past due and lacks any specific agenda to address Thailand's debt issues. In spite of BOT's 6 month-old analysis. Why? The answer might be in BOT's section "What Success Looks Like." Basically, it cites several intuitive actions (vs rocket science ) required by creditors, the government, stakeholders and debtors. Those actions might not be very acceptable to a new government that may have the need to weave politics between its minority coalition members to maintain power. Stalling any substantive solutions might be its immediate priority that will in effect further exacerbate the debt crisis. It will be the "Do Nothing" scenario but with "Great Fanfare."
  10. Remember it's PM-elect who currently has no authority until royal endorsement. And caretaker PM Prawit can't authorize new budget expenditures, So take whatever talks occur with "a grain of salt."
  11. It would seem intuitive that the farther one travels on the train, the more cost efficient it is. So maybe charge less for longer commutes (ie., GT 3 stations) than shorter commutes ( ie., LT 4 stations). Help finance the former by higher rates on the latter. However, such a plan must be justified by rider statistics rather than by intuition.
  12. Dominance of a Buddhist government over an Islamic society itself creates social disparity. It would seem that SBPAC intends (as it has for decades) is to displace the bulk of Islamic society with promises of materialistic rewards versus any form of autonomy. At the same time the caretaker government of PM Prawit has just extended a State of Emergency in the South almost through next year which suspends constitutional rights!
  13. I believe this so-called "committee" (why no name?) is ISOC (Internal Security Operations Committee, a division of the Royal Thai Military). The decree itself is likely the State of Emergency that basically waives all constitutional rights of citizens in a prescribed area. Curious that a Prawit caretaker government enacted the decree extension. As I recall, when caretaker PM Yingluck (for the duration of new elections to be held in 2014) invoked a State of Emergency to breakup violent protests against government facilities using force (police shields, batons, tear gas and water cannons), the Court denied such use because the government was in caretaker status.
  14. Thaksin has not been tried and convicted for lese majestic. It's been "under investigation."
  15. No, it was a royal endorsement. No "coup folk" (NCPO) were ever convicted that would require a pardon and in fact the Constitutional Court later recognized all coup orders as legal.
  16. Not required in Thailand. One can directly petition the Constitutional Court without "layers of courts." Or indirectly through agencies that have standing with the CC such as the Election Commission or Ombudsman. Otherwise processing Thaksin's probable petition starts with the prison director.
  17. FY 2024 begins Sept. 1, 2023 with no new funding, means budget may default to FY 2023 until the government and Parliament pass a new budget. In the interim that may mean government debt defaults, lower imports with a higher baht exchange rate, higher cost of government operations impacted by inflation. PS: the government continues to delay implementation of the Act of Prevention and Suppression of Torture and Enforced Disappearance. In February 2023 the government approved a decree (?) to postpone until October 1, 2023 when it should have all the equipment purchased and training completed. But with no new budget? Seems convenient if protests become "ambitious" against the new government.
  18. You're blowing a lot of smoke so you must by GOP logic be quilty of something egregious.
  19. versus 4 years of POTUS Trump and his DOJ FAIL to successfully try and convict any Democrat leader, congressman or government official under POTUS Obama. While the Trump regime weaponized government agencies to push fascist agendas, feed government funding to his weslthiest donors and enrich himself, his family and family relations from foreign fascist powers.
  20. Where does Thai social media get ideas of this kind of outrage? "Thai university students forced to dance naked in hazing ritual" July 19, 2022 https://www.asiaone.com/Asia
  21. That ball was stolen. But his political morality remains.
  22. Go to jail long time and enjoy the free benefits of a progressive society.
  23. "Not only would the flow of immigrants into countries whose population is declining serve the purpose of avoiding depopulation, it would also help with the countries' age structures." From the International Monetary Fund (IMF): "Immigration solve the demographic dilemma-but not without the right policies." March 2020; https://www.imf.org/en/Publications/fandd/issues/2020/03 Zenophobic, nationality and racial discriminatory nations need not apply.
  24. Never forget world democracies for innovation, competitiveness and freedom: "Japan, the EU and U.S. race to replace the lithium-ion battery" November 21, 2021 htpps://Asia.nikkei.com Remember Russia's perceived stranglehold over EU with its oil & gas to not interfere with Russia's invasion of Ukraine. How's that working? "How China's rare earth dominance spurs US and its allies to diversity supply chain of critical minerals"July 21, 2022 https://scmp.com US response: "Biden awards $2.8 billion to boost U.S. minerals output for EV vehicles" October 20, 2022 https://www.reuters.com "...part of a bid to wean the country off supplies from China."
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