‘Don’t panic’ over bombings, stimulus measures coming, says Finance Minister

[webfact]

‘Don’t panic’ over bombings, stimulus measures coming, says Finance Minister

By THE NATION

 

Uttama

 

Finance Minister Uttama Savanayana on Friday afternoon (August 2) asked people not to be panic following a series of small explosions in Bangkok.

 

Despite a drop in the SET index, Uttama said he believes that the bombings would not much affect investor confidence, as the authorities would be able to control the situation.

 

He added that the ministry would soon launch stimulus measures for the second half to take care of the farm sector and respond to the volatile global economy.

 

The government will also have to seek new revenue sources, given the its recent adjustment of the budget deficit to Bt469 billion from the previous Bt450 billion. 

 

As of 13.36pm, the SET index had dropped 1.23 per cent to 1,678.78.

 

Source: https://www.nationthailand.com/news/30374118

 

-- © Copyright The Nation Thailand 2019-08-02

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[baboon]

Seems these people think of everything in terms of money...

[keith101]

I don't understand I mean I know thai have no logic but what has stimulus measures  got to do with bombings ?

[RotBenz8888]

8 minutes ago, webfact said:

Don’t panic’ over bombings, stimulus measures coming

 

8 minutes ago, webfact said:

He added that the ministry would soon launch stimulus measures for the second half to take care of the farm sector

Is he saying the farmers are behind the bombings?

[geoffbezoz]

1 minute ago, baboon said:

Seems these people think of everything in terms of money...

That is the issue in Thailand from top to bottom. But how to change it ?

[candide]

From a Khaosod article: 

Defense minister Gen. Prawit Wongsuwan told press at Government House at 10am that two suspects have been apprehended and that he suspects political motivations behind the bombings.

“Perhaps it’s because the NCPO [National Council for Peace and Order] just ended its rule,” he said, referring to the transition from the junta to a nominally elected government. “I don’t know for sure.”

[FarFlungFalang]

13 minutes ago, webfact said:

Uttama said he believes that the bombings would not much affect investor confidence, as the authorities would be able to control the situation.

He might be right when he says bombings in won't affect investor confidence much but it might affect it a lot,and he is definitely moving his lips when he says the authorities would be able to control the situation so I know he is lying. 

[BobbyL]

That is good to know. The first thing I thought of when I saw the news on the explosions was I really do hope this won't affect investor confidence. 

[from the home of CC]

obviously the title of the article written to wind people up - typical

[FarFlungFalang]

10 minutes ago, baboon said:

Seems these people think of everything in terms of money...

They also think in terms of luck,if you have lots of money you are considered lucky and visa versa.

[from the home of CC]

12 minutes ago, keith101 said:

I don't understand I mean I know thai have no logic but what has stimulus measures  got to do with bombings ?

not one thing except to those who profit from readership..

[CNXexpat]

He should thank Buddha that no Chinese was injured or killed.

[from the home of CC]

11 minutes ago, geoffbezoz said:

That is the issue in Thailand from top to bottom. But how to change it ?

money provides food, education and a roof over your head, what's to change? 99% of the expat complainers on this site are bleating about funds lol 

[worgeordie]

22 minutes ago, webfact said:

"The government will also have to seek new revenue sources"

Wonder if that has anything to do with Farangs,One thing it

won't be ,is tax the rich more,or even try to get them to pay

their fair share.

regards worgeordie

[Farangwithaplan]

21 minutes ago, keith101 said:

I don't understand I mean I know thai have no logic but what has stimulus measures  got to do with bombings ?

You say Thai's have no logic yet you can't see the connection... ok...So which are you - pot or kettle? ????

[NCC1701A]

so inter-province permits required for Thais to travel now?

 

sort of a giant TM-30.   

[Cadbury]

28 minutes ago, keith101 said:

I don't understand I mean I know thai have no logic but what has stimulus measures  got to do with bombings ?

In the meantime the bombers are back at HQ and have interpreted that message to mean that the more bombs they set off the more stimulus money will be released.

[SOUTHERNSTAR]

No just that they will receive aid due to the drought.

Is he saying the farmers are behind the bombings?

Sent from my SM-A730F using Thailand Forum - Thaivisa mobile app

[soalbundy]

51 minutes ago, candide said:

From a Khaosod article: 

Defense minister Gen. Prawit Wongsuwan told press at Government House at 10am that two suspects have been apprehended and that he suspects political motivations behind the bombings.

“Perhaps it’s because the NCPO [National Council for Peace and Order] just ended its rule,” he said, referring to the transition from the junta to a nominally elected government. “I don’t know for sure.”

Whereas I am sure he doesn't know

[soalbundy]

26 minutes ago, NCC1701A said:

so inter-province permits required for Thais to travel now?

 

sort of a giant TM-30.   

only if you are carrying a bomb I believe

[DrTuner]

Ah it's bomb time again. Followed by demonstrations and a coup. All is good, all is normal, nothing to see here, move along.

[ChipButty]

1 hour ago, FarFlungFalang said:

He might be right when he says bombings in won't affect investor confidence much but it might affect it a lot,and he is definitely moving his lips when he says the authorities would be able to control the situation so I know he is lying. 

How do you know he is lying? His lips are moving

[ChipButty]

53 minutes ago, NCC1701A said:

so inter-province permits required for Thais to travel now?

 

sort of a giant TM-30.   

Would TM 888 have more luck?

[NCC1701A]

the government is doing a good job of scrubbing the bombing from the media. tweets disappearing. TV live shots being interrupted. fake news about lights exploding while photos tell a different story.

[Oziex1]

Too many people are focused on economic mismanagement, OK let off a few bombs that'll get them thinking about something else. 

[Orton Rd]

Maybe the stimulus measures will be giving in to the southern insurgents demands?

[Pique Dard]

why the finance minister?  is he in charge of the security as well?

[DrTuner]

40 minutes ago, NCC1701A said:

the government is doing a good job of scrubbing the bombing from the media. tweets disappearing. TV live shots being interrupted. fake news about lights exploding while photos tell a different story.

Once I heard about it I headed here and expected to see BREAKING or something. Couldn't find anything on the first page of news threads. Little China in action.

[holy cow cm]

Why is this jackal even talking trying to act like Mr. honest? He really needs to be sat out like they did with Thanathorn until they can re investigate his act(s) of signature(as) that were brought up by Paqnthongtae.. 

[StayinThailand2much]

2 hours ago, keith101 said:

I don't understand I mean I know thai have no logic but what has stimulus measures  got to do with bombings ?

No comment, cause "what's in Bangkok,  stays in Bangkok..."