Minister calls on experts to brainstorm on reviving Thai economy

[Fatman666]

3 hours ago, brain150 said:

Just ask Bill Gates. He is running the global show now !!!

 

All Governments do as he says ... world wide !!!

As "owner" of the WHO he even invented this SCAMdemic !!!

Bill just opened the Gates of hell. 

[Alex 012]

Stop being racist and hanging the dirty Farang out.

Spend money on infrastructure.

Stop the Land of Scams.

Ask TAT to spin a number

[lamyai3]

32 minutes ago, worgeordie said:

I suspect idea No.1 will how to get the Chinese tourists back

quickly,free visa and all you can eat shrimp buffets.

Maybe the pudgy DPM will serve 10000 helpings of mango and sticky rice in a naughty costume like he did before. 

[DrTuner]

I know one that would work instantly. The usurpers going back to barracks and letting expert do the governing.

[Saint Nick]

3 hours ago, brain150 said:

Just ask Bill Gates. He is running the global show now !!!

 

All Governments do as he says ... world wide !!!

As "owner" of the WHO he even invented this SCAMdemic !!!

Citation!

Needed!

[CLS]

What about a 3 months visa exemption like MY, SG and HK?

Extendable to 12 months by proving you can afford it.

 

Condo owners >3mn฿ should get PR status and scrap the re-entry permit annoyance.

Spouses of Thais get a settlement visa including WP and can own 1 rai of land.

Foreigners holding a settlement visa should be able to own 100% and run a business without Thais.

 

Successful countries all have a high percentage of foreigners.

[Kullstar]

Barnstorming more like!

[3NUMBAS]

flyers are too terried to fly any where so not much hope on a quick bounce .unless its a jigy jiggy bounce

[Pedrogaz]

What experts are there out there that have experience of opening up businesses after a lockdown? None. None at all. Ministers instead of pissing money away on experts, do some thinking for yourself. 

[DrTuner]

2 minutes ago, Pedrogaz said:

Ministers instead of pissing money away on experts, do some thinking for yourself. 

That is way too much to ask.

[khunpa]

With most people here uneducated and living of simple jobs requiring no education, Thailand will be facing a very long downturn period after this. It will take years for the tourism industry to bounce back. And not many foreign companies (small or big) will see Thailand as a place to invest. In fact, I believe many companies will move more of their outsourcing and production back home.

 

Had Thailand spent efforts on education and had a more stable political system, it would have had a much better chance of survival. Instead it will now be facing a nearly unable to fix financial challenge.

 

Normal Thai-people are in for a lot of hurt for a very long time. I am happy I do not have to attend that meeting, because only thing I could suggest would be improve education, get rid of corruption and attract foreign investments. Suggestions i am sure no one attending the meeting would like to hear.

Edited April 20, 2020 by khunpa

[timendres]

Simple. Rent a conference hall, assemble the TVF members, take notes. How could these folks possibly know more about their culture, people, businesses, economy, and government than TVF?  ????

Edited April 20, 2020 by timendres

[Oziex1]

Just tell the 5 committee's to hurry up and sort it. 

[Toadie]

Luckily this stipulates "Ministers" otherwise we're excluded

On 4/20/2020 at 4:18 AM, Chang_paarp said:

That requires several things in short supply.
1) Ministers with a brain
2) Creative thinking

 

Good luck.

 

[3NUMBAS]

experts are not pinning much hope on international travel bouncing back and bransons aussie setup has gone bust today .despite offering to sell his neckar island ..

[Eibot]

For starters you can open up the economy and start massive testing to monitor potential spread.

 

Make foreign ownership easier and less tax for foreign investors.

 

Protect your nature. 

Legalise marijuana and tax it.

[pixelaoffy]

Thailand Officialdom. Full of committees of ass licking cronies . The country will see mass deprivation with health issues if it doesnt move fast. Infections are clear in most provinces and even in Bangkok its minimal. If these restrictions last beyond May then suffering and collapse will be incalculable. Banning Alcohol sales and Closing parks highlights what a bunch of "bleep" run this country 

Edited April 21, 2020 by pixelaoffy

[pixelaoffy]

On 4/20/2020 at 3:05 PM, Alex 012 said:

Stop being racist and hanging the dirty Farang out.

Spend money on infrastructure.

Stop the Land of Scams.

Ask TAT to spin a number

never in a millions years 

[Yadon Toploy]

On 4/20/2020 at 3:52 PM, CLS said:

What about a 3 months visa exemption like MY, SG and HK?

Extendable to 12 months by proving you can afford it.

 

Condo owners >3mn฿ should get PR status and scrap the re-entry permit annoyance.

Spouses of Thais get a settlement visa including WP and can own 1 rai of land.

Foreigners holding a settlement visa should be able to own 100% and run a business without Thais.

 

Successful countries all have a high percentage of foreigners.

Thailand has 60 day tourist visas. Surely 60 days is long enough for any tourist? If you need to come for longer, and for other reasons, then a 90 day Non-Immigrant visa is available. Then extensions allowing even longer stays.

 

They don't want foreigners owning land. They are too proud of never being officially colonised to ever allow foreign land ownership, so it will never happen in our lifetimes (treaty of Amity and other rare exceptions excluded). There's also other issues with land ownership that we are not permitted to discuss here. A non-starter.

 

They want foreigners that contribute to the economy, transfer skills to the Thai workforce, and integrate, and they want to cherry pick, not just create a free for all. Opening up PR to condo owners defeats the purpose as most condo owners do not contribute in the ways they want, do not fit the demographic they are looking for and there would be a glut of applicants. Another non-starter. 

 

Work permits for those married to Thais? Settlement visas? The Thais are well aware of the... erm, loose morals of their own and so fully understand the quality of foreign men that marry Thais is not an effective measure of who should stay in the country. Another non-starter.

 

Thailand does allow 100% foreign ownership of businesses under certain conditions and in areas where there is a recognised requirement. 

Needless to say, in general they don't want an influx of new and wholly owned foreign businesses increasing the competition. They are quite happy with the uneven playing field allowing Thai owned and operated businesses having an advantage. If you are clever enough there are opportunities and there's always got to be Thais involved whatever you do. 

 

Bottom line, they tolerate us, but they don't really want the majority of us here. We play by their rules. If you're clever, you'll work it out. 

[Yadon Toploy]

42 minutes ago, Eibot said:

For starters you can open up the economy and start massive testing to monitor potential spread.

 

Make foreign ownership easier and less tax for foreign investors.

 

Protect your nature. 

Legalise marijuana and tax it.

There are plenty of very generous tax incentives under BOI for those considering opening a foreign owned business in Thailand and even opportunities for 100% foreign ownership. Depending what sector you are investing in, there's up to 13 years tax free and that's a lot better than what most countries will offer to foreign businesses.

 

You need to be serious though, opening a beer bar or pie shop in Patters isn't going to cut it.

Edited April 21, 2020 by Yadon Toploy

[Eibot]

2 hours ago, Yadon Toploy said:

There are plenty of very generous tax incentives under BOI for those considering opening a foreign owned business in Thailand and even opportunities for 100% foreign ownership. Depending what sector you are investing in, there's up to 13 years tax free and that's a lot better than what most countries will offer to foreign businesses.

 

You need to be serious though, opening a beer bar or pie shop in Patters isn't going to cut it.

Better than some countries but not good enough to attract the big boys.

 

In regards to smaller businesses, they bring capital aswell! It has nothing to do with not being serious. Thailand doesn't have an environment where companies feel comfortable investing in.

 

ALL major players are in the long run being bought by the rich Thai's. Tesco is the latest who is pulling the plug.