Thai sex industry now worth 260 billion baht, say Thai media

[webfact]

Thai sex industry now worth 260 billion baht, say Thai media

 

Picture: Sanook Money

 

Thai media has claimed that the country's sex industry is probably worth 260 billion baht.

 

Sanook Money were speculating about the country's infamous sex businesses after the raid on the Victoria Secret massage parlor in Bangkok became the latest news to put the issue of pay for sex in the public spotlight.

 

Sanook went back ten years to 2007 when famous ex soapy massage boss Chuwit Kamolvisit came up with figures for the number of sex workers, average wages for sex workers and percentage of GDP (Gross Domestic Product) garnered by the sex industry.

 

Chuwit, who ran for political office before being jailed for corruption, later became a well-known TV host.

 

He reckoned that the sex industry was worth 163 billion in 2007. Top of the tree for earning were Thai style traditional massage parlors, followed by beer bars, soapy massage, karaoke and other brothels.

 

It was reckoned that the industry represented 2% of GDP.

 

With GDP now at 13 trillion baht it could mean that the sex industry today is worth a staggering 260 billion baht, said Sanook.

 

Source: Sanook Money

 

-- © Copyright Thai Visa News 2018-01-16

[CelticBhoy]

I'm sure I pumped a good deal into that . . . 

[Darcula]

7 minutes ago, webfact said:

Thai sex industry now worth 260 billion baht

 

That's creating a lot of hand jobs.

[rkidlad]

There is no sex industry in Thailand. It’s this unique and special country and culture that defies its naughty human urges by being saintly. 

Edited January 16, 2018 by rkidlad

[Thechook]

Prostitution is ilegal 

[Eric Loh]

18 minutes ago, webfact said:

Thai sex industry now worth 260 billion baht, say Thai media

Say 10% to the RTP and some to the RTA, that's a neat 26 Billion of corrupt money. Surely that necessitate a major police and military reform. Maybe no, too much at stake. 

[Ossy]

24 minutes ago, webfact said:

Thai sex industry now worth 260 billion baht

 

Nationalise it, I say and, until he comes clean about all his asses assets, give Prawit the doorman's job at the Victoria massage parlour . . . it's a no-brainer!

[PatOngo]

How can they even admit that..........national reputation! Did the minister for culture approve?

[ExpatOilWorker]

They go from billion to million and then back to billion again in the article. 

 

It is certainly worth more than what the industry generate in income annually. From the title I thought they were doing a IPO of love.

[PatOngo]

15 minutes ago, Eric Loh said:

Say 10% to the RTP and some to the RTA, that's a neat 26 Billion of corrupt money. Surely that necessitate a major police and military reform. Maybe no, too much at stake. 

I guess that's why 30 million in watches is miniscule. Time to buy a few more.

[George Bowman]

Working in a restaurant must also bring in the big bucks. There is always someone leaving the village to work in one.

[gk10002000]

That's a lot of money that a lot of people would not like to pay taxes on, while many other people would love to collect taxes on

[jaltsc]

"Thai media has claimed that the country's sex industry is probably worth 260 million baht."

 

How can they call themselves the "Media" if they don't know the situation in Thailand? All they needed to do was inquire with the government and become aware of the fact that there is no sex industry in Thailand. 

Edited January 16, 2018 by jaltsc

[Ossy]

28 minutes ago, ExpatOilWorker said:

They go from billion to million and then back to billion again in the article

Welcome to Thailand  . . . and think nothing nothing nothing of it.

[Ulysses G.]

1 hour ago, CelticBhoy said:

I'm sure I pumped a good deal into that . . . 

Me too. It really is a HUGE success.

[steven100]

I'm sure most of you TV farang pumped some into that 260mil baht ...       

[AGareth2]

tax it and distribute to the old people

sort of like what the girls are doing already

[robblok]

11 minutes ago, AGareth2 said:

tax it and distribute to the old people

sort of like what the girls are doing already

I wonder if those massage places are not already taxed, i also wonder how much of their actual profit is taxed if it is taxed at all. 

[marqus12]

If my Thai girlfriend gives me money...
do I count in these 260 billion too???

[hoyism]

1 hour ago, steven100 said:

I'm sure most of you TV farang pumped some into that 260mil baht ...       

 

on the contrary 80% of Thailand's sex industry is for Thai or Chinese customers

 

If you are Thai you don't need me to remind you (but i will!) that on every motorway, in every town/city and on every block you will find massage parlous/go-go bars catering for your okker Thai man.

 

it's quite hilarious when the authorities have their annual 'war on the sex trade' forays into Pattaya and Sukhumvit which are (shockingly) minuscule in comparison with what goes on  (untouched) in the rest of the country.

 

still, as with most things here, it's always better to blame things on farangs... 

 

  

Edited January 16, 2018 by hoyism

[bkkcanuck8]

2 hours ago, Thechook said:

Prostitution is ilegal 

No prostitution - easy explanation - Thailand 4.0 is all about the sex robots ... they were even dancing the poles at CES.

[PatOngo]

1 hour ago, marqus12 said:

If my Thai girlfriend gives me money...
do I count in these 260 billion too???

If a Thai gives you money, frame it for posterity!

[mikebell]

3 hours ago, CelticBhoy said:

I'm sure I pumped a good deal into that . . . 

I'm still pumping; climbing two flights of stairs is really good exercise.

[Borzandy]

3 hours ago, Thechook said:

Prostitution is ilegal 

Sex industry is not prostitution, it's companies run by some well known figures. So, nothing illegal!

[JAG]

Say 10% to the RTP and some to the RTA, that's a neat 26 Billion of corrupt money. Surely that necessitate a major police and military reform. Maybe no, too much at stake. 

Eric, that is precisely why there will be no major police or military reform
But then I'm sure you know that...

Sent from my KENNY using Thailand Forum - Thaivisa mobile app

[JAG]

I wonder if those massage places are not already taxed, i also wonder how much of their actual profit is taxed if it is taxed at all. 

I think that the concept you are looking for is "informal taxation", a chap in a tight brown or green uniform pops round from time to time to collect the "tax". No paperwork, all very relaxed...

Sent from my KENNY using Thailand Forum - Thaivisa mobile app

[hottrader77]

3 hours ago, CelticBhoy said:

I'm sure I pumped a good deal into that . . . 

same here and had a great time doing it , thank goodness for the thai sex industry or i would be using a box of tissues a week and my hand would be dropping off , go go sex workers !! ha ha 

[robblok]

1 minute ago, JAG said:

I think that the concept you are looking for is "informal taxation", a chap in a tight brown or green uniform pops round from time to time to collect the "tax". No paperwork, all very relaxed...

Sent from my KENNY using Thailand Forum - Thaivisa mobile app
 

No that they are extorted is something I understand good source of income for police and army. I was more thinking along the lines that these guys must register as a business and pay taxes.. or would they not even go through that trouble as they are already paying of the army or police ? 

 

I really don't know just curious 

[dinsdale]

2nd largest export after rice in Issan. So, they say. 

[Emster23]

Maybe jockeying for some sort of ministry of hooking... Keep an eye on prices like they do with staples.... maybe set up some government run knock shops to drive entrepreneurs out of business whilst returning happiness to the Thai people