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Thai economy in crisis: Japanese engineering firm to shut at end of the month

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  • Lucius verus
    Lucius verus

    Thailand has been in a downward spiral since the army overthrew a democratically elected gov several years ago. Consumption and confidence is way down and small businesses have to shutter due to

  • Crash baht crash.????

  • Nothing an extra submarine can't fix.

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1 hour ago, geoffbezoz said:

Cos why ?

It's a little gem.

On 7/22/2019 at 5:28 AM, cheapcanuck said:

what about the economic crisis? B S story. Wasted my time on this crap.

Any sharp movement (down or up) in the value of currency is a economic crisis for any country, it might be great to up the price of what you sell but then your sales will drop where there is an alternative market.

 

Goodby Thailand Hello Vietnam...

On 7/22/2019 at 6:43 AM, ratcatcher said:

Surely they weren't relying solely on the Sanyo staff for their customers?

They probably had to close because they spent all the company money in snack bars.

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