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bkkandrew

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Posts posted by bkkandrew

    Mass Exodus

    in General Topics

    Posted

    I do like to stereotype and generalize, one of my skills. But, Bendix, you are "the man" in this department. Thread after thread of sweeping statements - it's a joy to read, and to know that I'm learning from a master. :D

    I know. I know.

    They're a joy to read, aren't they? Frankly, I don't know where all this great material comes from :-)

    Usually your a*se... :o

    Baht 35 Or 33 Per Usd? Currency Control?

    in Jobs, Economy, Banking, Business, Investments

    Posted

    offshore and onshore rates. In thailand rate is much better then outside, hence the two different rates. :o

    Thanks britmaveric. I guess the question now is why has the spread opened so wide? Has to be some kind of control going on.

    Yes the BOT is trying to stop the forex speculators.

    Who are exactly the group that get excited and encouraged by a rate variance opening up!

    BTW - has anyone any data on the rate achieved by cash withdrawel on a thai bank card in ATMs , say in UK?

    Thailand Demands Telecom, Satellites Back From Singapore

    in Thailand News

    Posted

    Umm, I guess for the umpteenth time: I am an expat here in Singapore, as white as a sheet of paper and as European as the Brussels European Parliament.

    Having said that, my wife is Chinese (Malaysian Chinese) and there is no feeling of connection between Thai Chinese or Indon Chinese. The one combining factor is the mainland, but that is fading away slowly.

    Chinese migration spans millenia, much as European migration = same thing, if anything they are wary of one another. Eurpeans do share many aspects of their culture and history, borders as we know them now werenot always there, nor were the states etc . . .

    Fact remains that Singapore cannot work very shady deals that might put them in a bad light to the investment community as this is what Singapore is based on and what keeps Singapore alive. Take that away and you'll see them moving to Malaysia or further afield.

    To compare Thailand and Thaksin's or the Junta's modus operandi to that of this place . . . wrong.

    Your persistence on defending Singapore that they didn't work a shady deal on this takeover makes me wanna puke. Everyone knows that Thaksin bent, changed the rules of law, and did everything he could to make this deal go through. Singapore knew this. They knew there were risks. But they thought Thaksin would always be a powerful figure in Thailand and that no one would and could do what the current government is doing. The Thai government is rightly trying to take back what should have never been in the hands of Singapore in the first place.

    Here you go again... Spouting nonsense. Thailand has no more right to seize satellites than anyone else! Typical paranoia from you and the Junta.. Mature coutries recognise the interconnectability of the 21st Century world, try UK:

    Only Sat broadcaster (Sky) - owned by News Corp (US), major sharholder - Murdoch (Aussie - I think);

    Major Cellphone providers - O2 (Spain), Orange (France), 3 (Hong Kong), Vodafone (UK)...

    (Above from memory), You get it now? Live with it, nabbing satellites (you can't anyway, as they are in orbit) does not extend you p3nis!

    Thailand Demands Telecom, Satellites Back From Singapore

    in Thailand News

    Posted · Edited by bkkandrew

    As Penguin pointed out a few pages ago, General Sonthi's comments were given to one to two thousand, impressionistic high school students and carried a very nationalistic message. The question was asked as to why Singapore, with no arable land, was able to afford THB 140 billion to purchase these assets? The only answer given was the nationalistic aspect, but the real answer to this question, which high school students would not know, is that Singapore (with little arable land) created a business environment very friendly to long term foreign investors.

    General Sonth's use of Singapore as a model was surprising given that (a) Thaksin was also using the Singapore model as a system beneficial to Thailand and (:o the CNS's new foreign business laws (as confirmed by TDRI) will have the opposite impact on Thailand.

    Or simply that Gen. Sonthi genuinely does not know why Singapore is rich and successful? This theory is backed up by many of the nonsense pronouncements and policies eminating from his Junta!

    Thailand Demands Telecom, Satellites Back From Singapore

    in Thailand News

    Posted

    This has two aspects. As a Military man he is correct to demand secure communication channels. This is a requirement for all militaries. The fact that Singapore is saying they do not listen in is probably not true unless their government did not realize they had this capability which is possible. He should try all means to have HIS GOVERNMENT find a way to get him the secure communications he needs. But it should be the Government doing this via a much more intelligent means.

    The other aspect is what will it cost Thailand to further alienate the free market. They could always purchase it back. Most things are for sale if the price is right. If it truly is a national asset they should buy it back. Taking back the asset is the wrong method without a doubt. They may not be able to take it back anyway. This is not an oil well that sits under their land that they can take back. Whoever has the passwords to access telemetry and communication channels controls the satellite. I have not doubt the command set was altered when new ownership took over. Should Thailand try to take the satellite back the Singaporeans could simply disable the satellites via commands. Trying to force the company to give back the Satellites is definitely the wrong approach.

    I have no doubt the general is good at running an army. But yet again this shows why generals should not run countries.

    No, you misunderstand. The Thai law states that a maximum of 49% ownership applies to the airspace over Thailand, but only as far as this solar system. Current thought is to extend the range, on the basis that better binoculars are on sale for B99 in Pratunam, but even under the old definition, the satellite is cleary orbiting above Thailand, so breaking the ownership rules....

    Upcoming court cases include part of Saturn's ring that can clearly be seen to be in Thai airspace and Gen. Sonthi is drawing up plans invade the Sun to restore full ownership there as well!

    Baht/euro Exchange-rates

    in Jobs, Economy, Banking, Business, Investments

    Posted

    anyone noticed the difference in exchange rate of the baht when get it from atm in thailand with foreign atm card/account and when you change cash euro in thailand? (1euro atm=43bht/1euro cash=46bht) interesting is the last days every day from 9 till 11:45am thai time, international rate goes up to almost 47bht for 1euro, and go down again to 43bht........(yahoo exchange rates)

    anyone can explain?

    Just read the rest of the forum re. Exchange controls and onshore vs. offshore rates... :o

    Thai Starting A New Job At A Posh Hotel

    in General Topics

    Posted

    Had an ex that was told 10K deposit to work in a boutique in Siam Centre.

    After my astonishment and meeting with the manager all was forgotten about, so guess it does exist but is a flexible arrangement depending on the person concerned...

    A bit cr*p as it turned out though, as my ex ended up working with no deposit or guarantor, and she was the biggest con merchant that I have ever known! :o

    Stop Press ! Stop Press Baht Rises

    in Jobs, Economy, Banking, Business, Investments

    Posted · Edited by bkkandrew

    I apologise for repeating myself, but has anyone seen the note rate spread at Super Rich?

    Also what is the weekend rate at Forex booths around the city for USD, GBP and EUR?

    1. Thaivisa is SUPER SLOW AT THE MOMENT.... :D server problems ?

    2. I'm not sure what you mean by 'Super Rich' ? :D

    3. same for 'weekend rate' at Forex.... :D

    LaoPo

    Super Rich is the main, non-bank exchange system, based in Pratunam. It has the lowest spread between buy and sell, therefore gives the most accurate on-shore rate indication..

    Weekend rate is the rate at booths accross Bangkok that stabalise due to the closure of the markets during the weekend..

    Sorry for my colloqualisms :o

    Best Fish And Chips In Bangkok?

    in Bangkok

    Posted

    I had an English friend a few years ago who said he liked OffShore on Sukhumvit Soi 23, near Soi Cowboy. He used to say their fish and chips was better than he got in London!

    No Offshore is terrible. They come from the Fish and Chip shop next door that is part of the same business and you just have to look at the oil to see how bad it is. An I have tried, many times, usually assisted by alcohol.. :o

    The best, by far is actually The Ship Inn about 20 yards further towards Soi Cowboy. I take visitors there who always comment that it is better than blighty!

    Stop Press ! Stop Press Baht Rises

    in Jobs, Economy, Banking, Business, Investments

    Posted · Edited by bkkandrew

    Good News - rise has been rather quickly, so likely hood of a sharp drop is equally good. :D

    Nonsensical, baseless comment. Typical of the poster, who I have cautioned over making simplistic comments recently...

    It would seem that GBP and USD has had a bad day against a basket of currancies worldwide. Caught me by suprise as I was on the golf course, bloo*y freezing one at, being in the that UK this week... THB in particular seems to be suffering an abnormal positition, possibly down to the currency controls that can (perversely) cause stockpiling of currency by individules/corporations/institutions that can, in turn, cause undue appriciation of the affected currency.

    The result is that Britmaverik may turn out to be right, but without any idea why... :o

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