Mike Lister

UOBAM LTF Fund.....I don't know if there's anything on the web but there may be, either that or under the Thai Airways bankruptcy. There were other AN members who were impacted by this.

I would strongly advise you do your investing offshore rather than here, why? Because there is so little governance and protection, fees are so high and all the alternatives far safer and cheaper. I also have been burned here after investing via an asset management company of a well known bank. The problem was not the bank, the problem was the Thai financial governance law which always favors the corporate rather than the individual investor. Case in point was shares held by the fund in Thai Airways which went bankrupt. The bankruptcy court allowed them to reclaim dividends paid on their stock, since the date of purchase. That meant that the fund held class A shares for 20 years and had to repay all the income from them.

I think the OP is entirely right in asking about this now, rather than waiting and panicking in January, anyone else who has to file next year should consider doing exactly the same. I think KuhnPer's post above is the most appropriate answer. I've also seen where there are practise sites which I will try to locate once again.

Yes it will be interesting to see how that pans out. But put yourself into the wayback machine for a moment and revisit that point in time when realisation struck that a new virus was rapidly spreading and there was no off the shelf solution, what do you do if you're government? The first thing you'd do is turn to your drug companies and ask if they can make something for you, they of course would say, we can try. And when after 3 or 6 months they made something but said it wasn't fully tested, because that normally takes 10 years, not 3 or 6 months, what do you do? Do you say no, test it.....cannot. Do you say, roll it out but tell everyone it's not fully tested and say this is at your risk? If you do that, a large percentage of the population wouldn't take up the offer so the needs of the population overall probably haven't been served. And anyway, the general population may be mostly dense but not that much so that they don't realise it can't have been fully tested, because of the short timescales. What you probably do is to roll it out and say something like, we think this is mostly safe for most people. I think that was the basis on which most reasonable people (not ambulance chasers however), were vaccinated, I know it was for me, even though there's no signed agreement in place, it's called, good faith, best efforts. Will 1%, 2% or even 5% more people die because they took the vaccine? Probably. Is that acceptable? Probably, given the circumstances and nature of the problem.

As far as I can understand, the differences between the severity of cases numbers one and two was determined by the viral load. On the first occasion I had minimal exposure to the virus. On the second I was trapped inside my car for twelve hours, driving from Rayong to Chiang Mai with a sick wife who was coughing constantly. Her contamination preceded mine by two days, ultimately we both ended up getting quite sick.

No, the Pink ID card number is not the tax TIN for foreigners, it is totally separate.

We all have different experiences. My first time comprised a cough and nothing else, the nurse at a local hospital recognised the type of cough and suggested I get tested, which turned out to be positive for covid. No fever, no nothing, just a cough. The second time was much much worse. Extreme fatigue, temperature to 39 degrees, sore throat, constant headache......48 hours on anti inflammatories saw the worst of it over and done.

That's the SWIFT code, the BIC code is BKKBTHBKXXX but it changes based on the type of service being used. The two numbers are interchangeable but are not exactly the same.

The fact I caught covid a second time was entirely my own fault, I accept that. I am in an at risk group and I failed for one year to obtain a vaccine for the latest strains which I knew were active in Thailand. I also failed to mask up in tourist centric locations where the risk of contamination and infection were higher than average. I think I probably overestimated the extent to which my immune system and the combined effects of previous vaccines would afford some degree of protection, I had also become very complacent....mea culpa. There's nothing wrong with the science, the latest vaccine would have afforded me greater protection but i ignored it. If any aspect on my behaviour is worthy of laughter, it's my stupidity at ignoring the science and not following it more precisely and I agree that's very odd. That other people may look at me as stupid for being vaccinated is their prerogative. I try not to tell others what aspects of their behaviour I might think are stupid because it's not productive or helpful to anyone, which is why I avoid debates about religion, politics and the like. I also don't feel strongly enough about the rights and wrongs of this topic to where I will criticise and chastise others for not doing as I do, it's a matter of personal choice for which people shouldn't be criticised or ridiculed, despite there being significant latitude on both sides of the argument to do so. I not some posters behaviours in this thread are geared towards trying to humiliate and embarrass those in the opposite camp, to what end I have no idea but I'd just as soon not be around them, even in debates. Bye.

I've just written a letter to the head of retail banking at UOB to ask them what their requirements are for this. I'll post the response when I get one, they are normally pretty good at answering queries like this one.

Desal consumes huge amounts of energy and Thailand is reliant on coal for energy production in its power plants. I was involved in the Dubai desal plant operated by Dubal in Jebel Alley in the 1980's, that was only successful because the energy used was a bi product off shoot of aluminium production. https://www.pub.gov.sg/Public/WaterLoop/OurWaterStory/DesalinatedWater

Thanks. That report is from a property sale where it's fairly straight forward to repatriate funds, as long as the you have the Land Office receipt showing tax has been paid on the sale.

Because you might find it interesting and useful, given we have similar interests in this topic. But if you don't wish to and you already know everything, don't, it's up to you.

You might want to read the article linked below, after which, read the following. The US Fed has long tried to pin the badge of "currency manipulator" on Thailand, mostly because their trade surplus with the US is so large: https://www.cfr.org/article/tracking-currency-manipulation

In Thailand? None online.

No, there is no currency swap in place with USD but there is a swap in place with RMB. BOT does however engage heavily in the futures market to an amount equal to almost 50% of their foreign currency reserves. It was this activity that caused the US Fed to label Thailand as a currency manipulator.

I read this as being 20% financial markets related and 80% political.

Yes.....that's the one I mentioned at the outset, it supports transfers under 16 different scenarios, most of which seem aimed at Thai nationals Payment of imported and exported products Students’ expenses Consultant’s fee Income repatriation by workers Remittance to family members or relatives who have a permanent residence in other countries International travel expenses - others Travel expenses - tourists Fares Healthcare expenses Shipping costs Insurance and reinsurance premiums on goods Indemnity for goods News service fees Advertisement costs Property rental Private sector grants

That's around 1.8 mill baht per day. Can you tell me: 1) Is that just you or can all customers do the same? 2) Do you have a prior arrangement with your bank where you supplied them with paper work etc? TIA

As far as I can see, there is no reason in law why the Thai banks shouldn't be able to remit 4 million baht in foreign currency, to an overseas account, apart from the fact they don't want to. If anyone else thinks there is a reason in law, perhaps they can point to it?

Yes, but the limits are almost certainly very low, a couple of hundred thousand baht.

having sold my car et al Et al.” is an abbreviation of the Latin term “et alia,” which means “and others.” It's used in source citations to save space when there are too many authors to name them all.

Yep, I'm 75.

Slightly somewhat cherry picked statistics, me thinks but hey, nice try and A for effort.

Did you read that in The Sun or is there a fact to support what you said?