Mike Lister

The Rutnin Eye Hospital is the best there is. https://www.rutnin.com/th/home/index.php

Proton's no spring chicken you know.

Myanmar India, depending on the source country. The bigger questions is, which countries are considering taxing outbound remittances.

I think you underestimate the capabilities within the Central Bank.

I can easily imagine banks and visa/mastercard networks being required to provide some form of reporting, they already do this for BOT and foreign currency exchange reporting. Perhaps something like the old US 10k rule whereby cumulative transactions over 10k per X, had to be reported.

From the Brooklyn Beckham book of cooking I imagine.

Indeed, it's much smaller, located in the mountains and away from the ocean plus there are far fewer people who live there. :)

Sampling is an established and proven way to determine accurate statistics, as long as the sample is greater than 1,070. You might be surprised at the extent of its use globally, especially in helping to predict election results and budgets.

https://bnnbreaking.com/finance-nav/stock-markets/sp-500-faces-valuation-wall-a-decade-long-bull-run-under-scrutiny/ A decent article that certainly sums up my feelings, "As the S&P 500 inches towards new record highs, there is a sense of anticipation mixed with foreboding among investors". I've made a good profit, especially in the the closing stages of the year and I'm comforted that I didn't make more by the thought that most of Wall Street got burned and missed the bulk of the rally. Still, valuations are sky high and as everyone can see, there is a wall in front of us all. Could it really be different this time? Nah. of course not! But who will be brave enough to cash in and run the risk of getting burned, again? 'tis human nature, is it not. I believe what I will do is I will not increase my equities position, 47% seems plenty high enough for now. But I might reduce my money market holdings and put some more long dated Treasuries, that seems reliable and safe, even if it doesn't maximise profit.

Airport arrivals is known in the airline business as traffic movements and traffic reporting, short for plane traffic and passenger traffic, nothing to do with motor vehicles.

Yes, TIPS, commonly known as linkers, they have paid off very nicely.

Yes. I did not say bond yields were not fixed, they are. But the value of the bond (not its redemption value) varies, based on the current interest rate vs the bonds yield.

TAT can measure tourism in a number of ways. Arrivals and departures by nationality from AOT data along with supplementary traffic movements at non-AOT airports and from Immi data from border crossings. Tourist expenditure IS measured using sampling and from Visa/Mastercard reporting. Sampling is the most likely means, the same tourism related outlets report the same data consistently every month, the results will be statistically reliable given the large volume of outlets surveyed. Plus all hotels are required to report details of all foreigners who stay, within 24 hours.

Solely to play devils advocate for a moment, banks with hold tax on savings at source from Day 1, the assumption being that tax is due unless it is reclaimed via a tax return. It is however a stretch of the imagination to think banks might with hold tax on all inbound transfers, for the reasons you have stated and more.

Well, sort of! You must send a tax return if, in the last tax year (6 April to 5 April), any of the following applied: you were self-employed as a ‘sole trader’ and earned more than £1,000 (before taking off anything you can claim tax relief on) you were a partner in a business partnership you had a total taxable income of more than £100,000 you had to pay the High Income Child Benefit Charge You may also need to send a tax return if you have any untaxed income, such as: some COVID-19 grant or support payments money from renting out a property tips and commission income from savings, investments and dividends foreign income https://www.gov.uk/self-assessment-tax-returns/who-must-send-a-tax-return

Whether or not this is a rare exception or an every day event is of course down to conjecture. But I have to say I've never heard of one similar in real life, neither does anyone I know. And whether the story quoted is a wind up or has unique unfortunate aspects, is also open to debate. I'm pretty sure the existence of this story would never stop me from using an usufruct, just like knowing that cars are involved in terrible accidents would never stop me from buying a new one.

One point to add to the above: an exchange of foreign currency, into THB, is often shown by the bank as a Foreign Currency Exchange Transaction. It is a normal everyday type of banking transaction that does not imply remittance from overseas or anything else, just that foreign currency was bought or sold.

Thanks, corrective type at its worst. expat vs expert

I've never seen or heard of that being reported, at Swampy it is a several person desk so it is unlikely to ever be unstaffed, unless somebody shows up for a flight five minutes before departure and they all went to take a leak at the same time....I suppose it could happen! Regardless, I've used the airport for this purpose several times, without a hitch, it's up to you what you do.

When the Fed reduces interest rates (not if they do), the value of USD will fall on the US Dollar Index as investors move out of USD into better performing currencies that offer higher interest rates, and/or, into other markets in other currencies where the return is higher, eg, overseas exchanges or bonds etc. USD is currently at 102%. Just as an example, it spent 10 years around 80%, ending in 2015. Thereafter it was under 100% for several years. The value of USD moves on the DI as the basket of five core currencies move. Traders can take a view on what those movements might be in the future but trying to short USD under those circumstances, especially when the date and extent of any reduction is unknown, is highly unlikely to any meaningful degree hence no again, it is not baked in.

"Another important difference between stocks and bonds is that they tend to have an inverse relationship in terms of price — when stock prices rise, bonds prices fall, and vice versa. Historically, when stock prices are rising and more people are buying to capitalize on that growth, bond prices have typically fallen on lower demand. Conversely, when stock prices are falling and investors want to turn to traditionally lower-risk, lower-return investments such as bonds, their demand increases, and in turn, their prices. Bond performance is also closely tied to interest rates. For example, if you buy a bond with a 2% yield, it could become more valuable if interest rates drop, because newly issued bonds would have a lower yield than yours. On the other hand, higher interest rates could mean newly issued bonds have a higher yield than yours, lowering demand for your bond, and in turn, its value. To stimulate spending, the Federal Reserve typically cuts interest rates during economic downturns — periods that are usually worse for many stocks. But the lower interest rates will send the value of existing bonds higher, reinforcing the inverse price dynamic". https://www.nerdwallet.com/article/investing/stocks-vs-bonds

You didn't but the other poster did, I thought it sensible to include both of your posts in my reply. Bonds don't have interest rates, bonds have yields which are determined by the Fed rate. As the Fed rates increase, new bonds are issued with rates that reflect the higher rate. The value of bonds are inversely corelated to their yields, it is not bond yields that drives equities markets, it is Fed interest rates. The key to both markets, bonds and equities, is the Fed rate.

Actually, no that doesn't make sense, at least not for the reasons stated! The value of USD rises on the Dollar Index, as the US Fed rates increase. This is because investors are able to get a better risk free return on cash rather than a risk inherent return on equities....this causes equity markets to fall. The Fed rate increases also push up bond yields which also provide a lower risk investment return. The value of THB (to USD and/or USD connected currencies) falls as the value of USD increases and vica versa. The value of THB does NOT change as a direct consequence of the direction of US equity markets, as said above, correlation does not necessarily mean causation.

Consider doing at the airport next time, it's quick and easy.