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Isaan sailor
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Will Western tourists ever go off visiting Thailand?
Isaan sailor replied to webfact's topic in Thailand News
Sure, but we’re not all from UK, even though we speak and write in English. -
I believe their decision to hold interest rates at .50% turned into a green light for international currency traders in the last 24 hours. They chase currencies from perceived stable economies with higher interest rates. Baht up more than 2% on some western currencies this month—Mai dee.
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Will Western tourists ever go off visiting Thailand?
Isaan sailor replied to webfact's topic in Thailand News
On top of the well-discussed quarantine hurdles, you can now add the rising Baht as a dealbreaker. The higher Baht crimps spending, hurts exports, and should force foreigners to look elsewhere. -
Exports to expand by 5 per cent in the first quarter of 2022
Isaan sailor replied to webfact's topic in Thailand News
Gotta believe they made these lofty export projections based on currency rates at least one month ago. Since then the mighty Baht has added 2% on many western currencies. Next month’s projections may not look so encouraging.- 1 reply
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Thailand rice exports expected to rise sharply
Isaan sailor replied to webfact's topic in Thailand News
No worries, the Baht strengthened a bit today. The article probably took data from several weeks ago when the Baht was 1-2% lower than today. The higher the Baht—the worse the economy. They should understand that by now. -
Thailand rice exports expected to rise sharply
Isaan sailor replied to webfact's topic in Thailand News
Well, why not weaken the Baht a boatload, so they can sell more rice, and most everything they make here more competitively? Thailand must choose between a future of Belt and Road servitude, or an independent, competitive and vibrant economy. -
Thailand eyes travel bubble with China and Malaysia
Isaan sailor replied to webfact's topic in Thailand News
How about a travel bubble for all western countries including OZ and NZ? -
Caught between a rock and a hard place. Don’t dare visit family & friends in America, for fear of return complications. And thanks to ADP’s gloomy job report (300,00 jobs lost) currency traders have dumped the Dollar, fearing a delay or cancellation of promised interest rate hikes this year.
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PM calls for meticulous re-activation of Test & Go entry pathway
Isaan sailor replied to snoop1130's topic in Thailand News
I’m no longer advising my friends and family members in America to come for a visit. Can you guess why? -
FDA to Register Sinovac, Sinopharm Vaccines for people aged 3-17
Isaan sailor replied to snoop1130's topic in Thailand News
Sino vaccines didn’t work so well on adults in Thailand—so now let’s try it on kids. Sorry, I don’t follow their logic. -
Chinese shrines minimize incenses to help curb air pollution
Isaan sailor replied to webfact's topic in Bangkok News
The worlds biggest polluter voluntarily cuts incense burning at Thai shrines. Isn’t that special? -
Good news! They’ve finally struck oil in the Gulf of Thailand.
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Thai exports up 17% in 2021, beating previous estimates
Isaan sailor replied to webfact's topic in Thailand News
Yes, good things can happen when the Baht weakens. Now that the Baht has begun to strengthen again—don’t expect continued prosperity. -
Are you experiencing “Pandemic Fatigue” here in Thailand?
Isaan sailor replied to webfact's topic in COVID-19 Coronavirus
Not exactly. More like rising Baht fatigue. Baht up 2% in short order. Why on Earth did this happen?