Jaonghais

Do you perhaps mean his son? Who is scheduled to meet with regulators today.

Yes, you are right. It is his son!

TTV has reported at 11 am that Thaskin is back in Bangkok

[Thailand to limit foreign stake in firms to 50 per cent

"The Council of State is authorized to work on the details to make the law precise and transparent, without any need to be resubmitted for cabinet approval again," he told reporters.

"Pridiyathorn insisted that foreign companies would not be scared off by the final version of the law, which has not yet been released.

"Why should we withdraw it? They have not yet seen the details. If they had seen the details, I am sure that they would be happy," Pridiyathorn said.

Pridiyathorn said he had consulted some foreign investors about the changes to the Foreign Business Act and more than half of them had found the new rules acceptable.

"I myself will talk with them. I have held talks with many investors but they have not seen all of the details and the commerce minister cannot disclose the bill before the cabinet gives its approval," he said.

-- AFP/The Nation 2007-09-09

How can more than half of them find the new rules acceptable if you take note of the highlighted red text above

Transparent = See-through. Clear. Translucent. Crystal clear. Easily seen through. Frank. Obvious and easy to recognize. Fine enough to see through. (Take you pick)

Thailand to limit foreign stake in firms to 50 per cent

BANGKOK: -- Thai government will limit foreign investors to holding no more than 50 per cent of the shares or the voting rights in companies here under legal changes approved Tuesday, Finance Minister Pridiyathorn Devakula said.

"Foreign investors who altogether hold more than a 50 per cent stake in a company must lower their stake within a year," Pridiyathorn Devakula said after a cabinet meeting.

"Foreign investors who hold more than 50 per cent of voting rights must also reduce their voting rights within two years,"he added.

The 50-per cent cap will only apply to companies that deal with areas considered important to national security, or that have an impact on natural resources or Thai culture, he said.

The 50-per cent cap will only apply to companies that deal with areas considered important to national security, or that have an impact on natural resources or Thai culture, he said.

The cabinet approved the changes to the Foreign Business Act "in principle" on Tuesday.

Surayud said the government's top panel of legal advisers would continue to work on the details of the law to ensure precision and transparency.

"The Council of State is authorized to work on the details to make the law precise and transparent, without any need to be resubmitted for cabinet approval again," he told reporters.

"It will take some time for the law to take effect," he added.

The Cabinet approved Tuesday the foreign business law amended by the Commerce Ministry.

The amended act would include the requirement on the voting rights of the board members and increase the penalty for violators.

Netpreeya Chumchaiyo, deputy government spokesman, said after the Cabinet meeting that the Council of State is assigned to review the draft amendments.

Earlier, Joint Foreign Chambers of Commerce warned that the amendment might affect their decisions to do business decision.

Commerce Ministry and Finance Ministry are scheduled to make seperate press conference at 3pm.

Earlier Finance Minister Pridiyathorn Devakul vowed to press ahead with legal change that could overhaul the way foreign companies do business here despite warnings of potentially disastrous economic fallout.

Pridiyathorn insisted that foreign companies would not be scared off by the final version of the law, which has not yet been released.

Foreign business community in Thailand has urged the government to postpone the changes for at least six months.

"Why should we withdraw it? They have not yet seen the details. If they had seen the details, I am sure that they would be happy," Pridiyathorn said.

"Why should we postpone it when we have worked on it for three months. This is Thailand," he added.

The minister was speaking after attending the cabinet meeting which will consider the changes.

Pridiyathorn said he had consulted some foreign investors about the changes to the Foreign Business Act and more than half of them had found the new rules acceptable.

"I myself will talk with them. I have held talks with many investors but they have not seen all of the details and the commerce minister cannot disclose the bill before the cabinet gives its approval," he said.

"We have a record of welcoming foreign investment. We are not hostile to them. Foreign investors have made Thailand develop and we are certainly still adhering to this policy," he said.

The revised law is expected to redefine shareholder rights and ownership structures for local subsidiaries of international firms.

Companies have traditionally set up their operations in Thailand so that the local subsidiaries are nominally owned by Thais but controlled by foreigners.

-- AFP/The Nation 2007-09-09

The 50-per cent cap will only apply to companies that deal with areas considered important to national security, or that have an impact on natural resources or Thai culture, he said.

Doesn't this mean everything!

I read recently that in order to ride the Thai 'waves' and survive in this country, one has to indeed be resilient.

I concur with this statement wholeheartedly. Whilst only having been in Thailand for a split second compared to others, it appears more than clear to me that a foreigner should be VERY careful.

I am conscious of still being in a cultural state of flux and yes I do have the option of jumping on a plane and going home. Easier said than done when one has a partner and 2 children.

The entire uncertainty that is oscillating throughout the country in so many areas cannot be good for such a grand and proud nation.

Nor do I feel it instills economic and investment certainty for those wishing to avail themselves of trade opportunities.

Personally, I will not be buying anything here, other than food and the daily requirements. I will not be bringing money into the country for investments and nor will I even look at real-estate. For the time being.

The best I feel we can do, is put one foot in front of the other and see what each day brings. Hoping of course that the entire situation ameliorates and stabilises.

Many people that post on this forum are obviously well versed in the Thai way of life and extremely informed in terms of politics, economics, power and government etc.

I would sincerely like to clarify that my comments are in no way intended to offend anyone or the institutional processes in this country.

I am just so bloody confused at the moment that my head's spinning and it makes it a challenge.

Good luck to all and thanks for letting me have my say.

Big Paulee.

Hear!!! Hear!!! Paulee. I also look to this forum for informed opinions. One foot in front off the other. And slowly at that.

I am about to leave my present apartment in North Pattaya which supplies free interenet (wireless) access through TP-LINK at 54 Mbps. The area that I am moving into is located in the vicinity of Pattaya Nua Rd and Pattaya 3rd Rd. (In my present area I am able to connect with 3 other providers for free).

I have taken my laptop to the townhouse that we will be moving to this Thursday 11th Jan and can pick up 2 ISP that are in range (Pattaya WiFi and Linksys) but there signals are weak.

I am new to wireless technology. There is a phone line provided in the new location.

My question is this; which is the best way for me to go?

I am about to leave my present apartment in North Pattaya which supplies free interenet (wireless) access through TP-LINK at 54 Mbps. The area that I am moving into is located in the vicinity of Pattaya Nua Rd and Pattaya 3rd Rd. (In my present area I am able to connect with 3 other providers for free).

I have taken my laptop to the townhouse that we will be moving to this Thursday 11th Jan and can pick up 2 ISP that are in range (Pattaya WiFi and Linksys) but there signals are weak.

I am new to wireless technology. There is a phone line provided in the new location.

My question is this; which is the best way for me to go?

Last Result:

Download Speed: 154 kbps (19.3 KB/sec transfer rate)

Upload Speed: 60 kbps (7.5 KB/sec transfer rate)

Supposed to be 1 gig Pattaya Tot goldcyber shared router

At times grinds totally to a halt!

Results of test at

http://free-web-speed-test.com/bwtest/resu...&recorded=1

Your current bandwidth reading is: 40.80kbps

which means you can download at 5.1 KB/sec. from our servers.

28.8 kbps dial-up

33.6 kbps dial-up

40.8 kbps YOU

53.3 kbps dial-up

56 kbps ISDN

128 kbps ISDN

384 kbps DSL

768 kbps DSL

1000 kbps DSL

1500 kbps DSL/T1/Cable Modem

Similar to old dial up

Mai dee lehee!

Your current bandwidth reading is: 40.80kbps

which means you can download at 5.1 KB/sec. from our servers.

28.8 kbpsdial-up33.6 kbpsdial-up40.8 kbpsYOU53.3 kbpsdial-up56 kbpsISDN128 kbpsISDN384 kbpsDSL768 kbpsDSL1000 kbpsDSL1500 kbpsDSL/T1/Cable Modem

I am in the Pattaya area (Beach Rd Soi 1) and am experiencing many problems accessing sites. Mainly international sites. Error; site not found. This started occurring around 10pm last night (5/01/07). I am connecting through TP-Link at 54.0Mbps.

I'm in Thailand, using True ADSL, but get a SERVER NOT FOUND message when I try to access http://www.cat.or.th/

Anyone know the reason?

With all the rumors of a coup in the air maybe the FAT CAT is limiting access at the moment. I spoke to my GF(Thai) 30 mins ago who went to BKK today and she said there was a signifigant military presence

I'm in Thailand, using True ADSL, but get a SERVER NOT FOUND message when I try to access http://www.cat.or.th/

Anyone know the reason?

I'm experiencing problem getting international sites at the moment. This has happenned in the last hour. Yahoo, Google etc

Is anybody else experiencing problems with international sites in the last hour

Ok, normally I dont say anything on these postings, it is just interesting to watch. I keep seeing information about "someone" saying there will not be another coup or there is no coup, but... did they not say that the last time and a few days later there was a damned coup?

This is where the "Don't believe anything you see and only half of what you hear" come into play.

This is where the "Don't believe anything you see and only half of what you hear" come into play.

You got that one backwards.

Don't believe anything you hear and only half of what you see.

At 10:08 AM this morning I heard (from my house near Silom) what sounded to be a loud boom/explosion coming from the Silom Area. I don't want to cause any scare because I really can't confirm anything, but I wanted to see if anyone had any reliable information to either confirm or explain what that very loud boom was from? Any info at all would be helpful.

This whole situation is so sad and I hope peace will soon be restored to this great country.

Curfew. Is that the next thing that we can expect?

What kinds of bombs are these? Are they remotely controlled or do they have timers(I'd assumed the latter)? Grenades seem out of the q after the one found planted in a tire?

Whomever responsible has obvious access to the man power and materials, not to mention brains. A lot of preparation must've gone into this.

These are fear tactics; "The only thing to fear is fear itself."

Also, again, if/once a list of names is obtainable, please pass it on, thanks.

These are fear tactics; "The only thing to fear is fear itself."

FEAR= F = false

E = evidence

A = apperring

R = real

.

Who did it?

The police say they suspect people discontent with the military coup in September to be behind the attacks. The police does not believe it was people in the south of Thailand who have been exploding bombs and setting schools on fire who were behind the attack. sad.gif

2006-12-31

Source: Rinrada, Scandasia and Ron (thanks!)

Create the problem, offer the solution, CONTROL