Jump to content

Fex Bluse

Advanced Member
  • Posts

    3,366
  • Joined

  • Last visited

Posts posted by Fex Bluse

  1. 2 minutes ago, Skallywag said:

    Safer than driving a motorcy or a mosquito bite at this point. Over 30 days with no cases in Pattaya. Many are non-professionals now who worked as hotel maids, restaurant workers, etc... If you cannot help those in need, you are an living a non-essential life here.  Be Kind, Do it from Behind. ???? 

     

     

    I hear you. Its good that some real women will join the force and reduce the high ladyboy percentage to a manageable level. A good place to try will also be the young 7/11 girls 

  2. 2 hours ago, Yinn said:

    I not open my new business in March. Because covid.

    Now accept will not open this year. Maybe next year. Up to covid.

    i loose money because that/ not have profit because that 

    but

    lucky it happen just then, because not have staff or pay rent yet. If covid come one month later I will loose so much. Lucky and unlucky. 

    Maybe never open. Not sure.

     

    But nobody my friend/family die. We have food and music. Many friend come back because loose the job. Not see long time. 

     

    People more worse than me. I soso.

     

    How your business? 

     

     

    Good luck and see you soon. 

  3. 20 minutes ago, Nielsen said:

    They need to stop dubbing the movies on TV. It's mostly because the kids never get to hear spoken English, other than from their teachers that their pronunciation is so bad.

    The more they are subjected to hearing English the better for their learning.

    Nah, it's because, just like with many other Thai endeavours, competence is not important to them. It is only the superficiality they care about. It's a problem throughout the culture. 

    • Confused 1
  4. 4 minutes ago, crobe said:

    It is difficult to know exactly what will happen under the rehabilitation plan, but as far as I am aware the reason to rehabilitate under the bankruptcy court is exactly to afford them protection from creditors - i.e. creditors cannot seize their assets while the process is ongoing.

    The fact that they are doing this inside Thailand rather than also filing for chapter 11 etc. leaves it open to interpretation as to whether creditors could get a local court order and seize Thai assets outside of Thailand

    It would be wise not to pay for a trip from Paris to Bangkok on Thai as the plane may not take off.

    In all seriousness though, one of the first settlements they will try to achieve is with the aircraft easing in order that the company can still fly once restrictions are eased and some cashflow can come in - but of course this would be a sensible thing to do.

    You are absolutely right. But, if Thai (or the government) think they can disregard demands of the to be agreed plan, what I'm saying is that there will be consequences. 

     

    They cannot simply shun responsibility like they have in their dealings with other issues, like Australia mining companies and Hong Kong property and development conglomerates. 

     

    If they play their games with these creditors after agreeing to a rehab plan, their assets overseas will be seized. 

  5. 2 hours ago, crobe said:

    Local, foreign creditors back govt's move to put THAI under bankruptcy protection

     

    Err - No, most of the foreign creditors would prefer the government to bail it out and get their money back - this was the guarantee they got when they loaned them the money - it is a state enterprise it cannot go bust.

    As soon as the government stake is reduced and Thai goes through a restructuring under debt protection they are liable to lose most of their investment as this is hived off into a zombie company and a "new Thai" shorn of the debt is allowed to continue.

    You can already see creditors such as Airbus calling in the debts, I expect most of the other foreign creditors will do the same.

     

     

    Or they'll simply start seizing Thai assets which will be enjoyable news. Thai has property in foreign countries that banks can seize if their creditor debt obligations aren't met. 

×
×
  • Create New...