Thai finance ministry cuts 2019 GDP growth forecast to 2.8%
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27
Accident Russian Dies After Fall from Jomtien Condo
RIP to the young guy but then watch them try to put the blame on weed lol. Guys, people dont just jump out of a window or shoot a gun because they smoked a blunt. Thats just not how it work. Im curious to see his toxicology report. Wouldnt surprise me to see some harder drugs in his system. Regardless, RIP to him. Its easy to get lost as a foreigner-expat here in Thailand. -
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Gold, the undisputed "safe harbor". Or is it?
This is precisely why I have 65% of my net worth in physical gold at the moment: If it continues to go up, fine. But for me, the most important thing is to have assets outside of the banking system and not in the form of paper money when the SHTF and/or when CBDCs are forced on us.- 1
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Report Pattaya Cannabis Shop Busted for Selling Illegal Vapes and Cigarettes
The cabinet approved rules for education and public awareness of vaping so that is no problem anymore... it is forbidden, but we educate now...Thai thinking is very complicated for normal people -
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Report Police Clamp Down on Prostitution to Protect Pattaya’s Image
The long-standing position of the Thai police is that prostitution does not exist in Pattaya because private arrangements between women and expats does not fit the definition of prostitution. If you insist on defining your own terms, suppose they have a point. -
121
Trump ambushes South African president at White House meeting
Trump is completely lost. His tariffs will only diminish the US and it's economy. He just doesn't get it at all. Mr. Trump is taking a wrecking ball to the pillars of American power and innovation. His tariffs are endangering U.S. companies’ access to global markets and supply chains. He is slashing public research funding and gutting our universities, pushing talented researchers to consider leaving for other countries. He wants to roll back programs for technologies like clean energy and semiconductor manufacturing and is wiping out American soft power in large swaths of the globe. China’s trajectory couldn’t be more different. It already leads global production in multiple industries — steel, aluminum, shipbuilding, batteries, solar power, electric vehicles, wind turbines, drones, 5G equipment, consumer electronics, active pharmaceutical ingredients and bullet trains. It is projected to account for 45 percent — nearly half — of global manufacturing by 2030. Beijing is also laser-focused on winning the future: In March it announced a $138 billion national venture capital fund that will make long-term investments in cutting-edge technologies such as quantum computing and robotics, and increased its budget for public research and development. The Chinese electric carmaker BYD, which Mr. Trump’s political ally Elon Musk once laughed off as a joke, overtook Tesla last year in global sales, is building new factories around the world and in March reached a market value greater than that of Ford, GM and Volkswagen combined. China is charging ahead in drug discoveries, especially cancer treatments, and installed more industrial robots in 2023 than the rest of the world combined. In semiconductors, the vital commodity of this century and a longtime weak point for China, it is building a self-reliant supply chain led by recent breakthroughs by Huawei. Critically, Chinese strength across these and other overlapping technologies is creating a virtuous cycle in which advances in multiple interlocking sectors reinforce and elevate one another. Yet Mr. Trump remains fixated on tariffs. He doesn’t even seem to grasp the scale of the threat posed by China. Before the two countries’ announcement last Monday that they had agreed to slash trade tariffs, Mr. Trump dismissed concerns that his previous sky-high tariffs on Chinese goods would leave shelves empty in American stores. He said Americans could just get by with buying fewer dolls for their children — a characterization of China as a factory for toys and other cheap junk that is wildly out of date. The United States needs to realize that neither tariffs nor other trade pressure will get China to abandon the state-driven economic playbook that has worked so well for it and suddenly adopt industrial and trade policies that Americans consider fair. If anything, Beijing is doubling down on its state-led approach, bringing a Manhattan Project-style focus to achieving dominance in high-tech industries. Mr. Trump’s blinkered obsession with short-term Band-Aids like tariffs, while actively undermining what makes America strong, will only hasten the onset of a Chinese-dominated world. If each nation’s current trajectory holds, China will likely end up completely dominating high-end manufacturing, from cars and chips to M.R.I. machines and commercial jets. The battle for A.I. supremacy will be fought not between the United States and China but between high-tech Chinese cities like Shenzhen and Hangzhou. Chinese factories around the world will reconfigure supply chains with China at the center, as the world’s pre-eminent technological and economic superpower. America, by contrast, may end up as a profoundly diminished nation. Sheltered behind tariff walls, its companies will sell almost exclusively to domestic consumers. The loss of international sales will degrade corporate earnings, leaving companies with less money to invest in their businesses. American consumers will be stuck with U.S.-made goods that are of middling quality but more expensive than global products, owing to higher U.S. manufacturing costs. Working families will face rising inflation and stagnant incomes. Traditional high-value industries such as car manufacturing and pharmaceuticals are already being lost to China; the important industries of the future will follow. Imagine Detroit or Cleveland on a national scale. Avoiding that grim scenario means making policy choices — today — that should be obvious and already have bipartisan support: investing in research and development; supporting academic, scientific and corporate innovation; forging economic ties with countries around the world; and creating a welcoming and attractive climate for international talent and capital. Yet the Trump administration is doing the opposite in each of those areas. Whether this century will be Chinese or American is up to us. But the time to change course is quickly running out. -
45
Transport Bangkok Cabbies Call for Grab Service Ban at Suvarnabhumi Airport
That appears unlucky and unusual in my experience. 1) getting any crap from a Grab driver 2) the meter fare being higher than Grab fare (subject to ridiculous Bangkok traffic) In my typical Grab usage, I know the routes well and usually Grab is at least 50% more expensive than meter in standard times, more so in busy times. Not hugely unreasonable, they will drive to pick you up from your pick up point and they remove all the hassles. Whatever happened with you, there was the option to report your issue with Grab. First mistake, getting in the car when “he turned on the meter and laughed”. You need to self-advocate in Thailand. People will often try to bend the rules. If not comfortable or not to mutual advantage and polite and clear “no” is required.
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