
placnx
Advanced Member-
Posts
2,625 -
Joined
-
Last visited
Content Type
Events
Forums
Downloads
Quizzes
Gallery
Blogs
Everything posted by placnx
-
The delisting on US exchanges may still happen, because certain issues have not really been resolved. The FASB (Financial Accounting Standards Board) is sending people to Hong Kong to see whether the proposed solution will work, but meanwhile China is giving their own interpretation of what was agreed. A digital currency may give the Chinese government much closer control of people, which seems to be a mania of Xi in particular. Stopping the flight of capital is just one aspect.
-
I read a few years ago that the figure was 325%. The local governments have been saddled with taking care of Covid while the source of 30% of their finance, property sales, has been hobbled by Xi. Bailout by the central government is unlikely. So far there have been anemic gestures to puff up credit.
-
Wealthy Thai-Chinese families of recent vintage which have known significant investment in China could potentially undermine the Thai economy, depending on the extent of their borrowing from Thai banks and any downgrading of their local debt and selloff of their company shares if a worldwide recession develops into a prolonged stagnation and then deflation. We are not anywhere near that now. Years ago I used to meet someone I knew from university who had moved to Hong Kong to run some investment funds. Concerning China, he said that he would invest in anything except property.
-
TM 30 after returning to the same address.
placnx replied to rutteketuut's topic in Thai Visas, Residency, and Work Permits
So this means that we do not need to do the first 90-day report after reentering by mail or in person? -
It's better to go with someone to serve as lookout in the passenger seat to spot oncoming traffic on curves, especially on rural roads in the hills.
-
Thailand grapples with allowing more Chinese landowners
placnx replied to webfact's topic in Thailand News
In the Pibulsonggram era (from 1930s) there were laws to reserve certain professions to Thais, such as farming, barbering, and similar modest occupations, but there was no prohibition from banking or rice milling. With wealth came power. -
Efforts underway to return three historic artefacts to Thailand from USA
placnx replied to snoop1130's topic in Thailand News
If you read the history section of the following, the Emerald Buddha was in the Lanna kingdom of Chiang Mai when the crown prince of Lan Xang came to rule Chiang Mai due to the lack of a male heir there, because his mother, the queen of Lan Xang, was the daughter of the late king of Chiang Mai. Subsequently the Emerald Buddha was taken to Luang Prabang when the crown prince acceded to the Lan Xang throne. https://en.wikipedia.org/wiki/Emerald_Buddha So Chiang Mai has a superior claim to Luang Prabang's over rights to the Emerald Buddha. -
10 years ago or so Bumrungrad gave a video disk of the colonoscopy. My doctor in Boston was impressed. In recent years they just issued printed reports. The latest (2018) had a map of the colon indicating where various snapshots were taken. I got the impression that they used an advanced scope with NBI (narrow band imaging). https://ensem.samitivejhospitals.com/colonoscopy.html https://www.asge.org/home/about-asge/newsroom/media-backgrounders-detail/new-endoscopic-technologies
-
The Chinese first choice must be without firing a shot. Second would be a rapid, near stealth, takeover where the world would have to acquiesce because China would then control the supply of high end semiconductors. This second option could become ineffective if EU and US have already built enough fabs at home to live without the supply from Taiwan. If Taiwan has not seriously upgraded its defense capabilities with sufficient effective weapons tailored to a number of scenarios, plus a lot of military training, it would be difficult to hold on for long. China has been busy preparing to deny US et al access to Taiwan in a confrontation.
-
There is an effect of climate change causing inflation because of droughts and shortfall in harvests, but also in finance banks are loath to finance fossil fuel projects, so now the supply of petroleum and natural gas is limited. The lack of follow on investment in existing fields is now compounded with the disruption of Russian supplies.
-
This is probably because Moderna's new version (bivalent - original & Omicron) has been approved in the UK (and other countries soon). Moderna is also working on a BA.4 & BA.5 version for the US.
-
How the US rate hike impacts the baht and Thailand’s economy
placnx replied to webfact's topic in Thailand News
The other thing to check is what rate is baht converted to foreign currency. Does that bank ATM give the option for conversion by them or sending the charge in baht to be converted abroad? It is probably better, maybe much better, to have conversion done abroad. If the ATM does not offer the option of conversion here or there, where does the conversion happen, and at what rate? If you can't get an answer from the bank you prefer, try TMBThanachart (formerly Thai Military Bank) to see the rate you get on conversion abroad, then try an ATM (on same day if possible) at another bank where the conversion option is not presented when making an ATM withdrawal. -
In CHiang Mai they want to see the back statement printout and letter done within the last week. I always do a copy of the bank book for the year, and they want to see a transaction on the day of the retirement extension, so I need to do a withdrawal and an update of the bankbook before heading to immigration.
-
I had a colonoscopy, I believe using NBI (narrow band imaging) instead of the usual "white light" at Bumrungrad in 2018. The following explains various endoscope approaches including NBI: https://www.asge.org/home/about-asge/newsroom/media-backgrounders-detail/new-endoscopic-technologies Samitiivej in Bangkok uses NBI. I'm wondering whether CM Ram, Bangkok Hospital CM, or others in Chiang Mai use this technology.
-
How the US rate hike impacts the baht and Thailand’s economy
placnx replied to webfact's topic in Thailand News
He means a 30K baht withdrawal from an ATM with a 220 baht fee. -
How the US rate hike impacts the baht and Thailand’s economy
placnx replied to webfact's topic in Thailand News
In the past week there has been speculation that the next increase will be 0.5% instead of 0.75%. This is causing dollar weakness. It's unlikely that a few tourists could have an effect on the exchange rate. Anyway the next Fed rate rise will not be until Sept 21st, so a lot can happen before then. -
No Thai Customs charges ever if package is valued at less than 1500 THB.?
placnx replied to JimmyJ's topic in General Topics
If customs duty is not charged, Amazon rebates the amount previously charged for duty & taxes. -
Will thumbprint do?