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Thai economists predict further economic contraction from Covid-19 fallout

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12 hours ago, webfact said:

Planned investment in the Eastern Economic Corridor (EEC) may not be enough to upgrade the economy into a 4.0 economy that is driven by information technology. 

 

I had to do some minor business at a major Thai bank company branch the other day. Even though I know I had updated the info before, they claimed they had my old passport number on record, not my current one. So couldn't do anything until I returned with my current passport, which I did.

 

At that point, we launched into about a half hour long process that involved them making multiple photocopies of my old and current passports, then having me sign probably a dozen different pages, then them manually stamping many of those pages, and lots of shuffling and rechecking...

 

All to get a one-page printout of my account activity for 2019, for which they charged me a 200b fee... Heck, for a while there, I thought they had me applying for a new 30-year home loan mortgage, there was so much paperwork involved...

 

So amid all that, I really want to ask, where the heck is Thailand's "4.0 economy that is driven by information technology."

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  • Walker88
    Walker88

    There's some odd things in this article, which might be attributable to the author and not the quoted economists.   It notes high levels of bad debts in banks, yet states that this is not 19

  • herwin1234
    herwin1234

    yes, sure, they are all clowns and idiots, all Thai profesionals, officials,  politicians, and just about anyone here in Thailand. Except you of course, the Pinnacle of Wisdom and Knowledge and Compas

  • The real problem to hit is when the condo market tanks. So many were bought on speculation that prices always rise and they could rent them out or flip them. Well the music is stopping and a lot of pe

5 hours ago, Susco said:

did i say that?

no you didn,t thats why i asked not that i,d have bothered if i knew that was your attitude.

6 hours ago, kingdong said:

no you didn,t thats why i asked not that i,d have bothered if i knew that was your attitude.

If you don't like the answer, then don't ask questions, or just go away

7 minutes ago, Susco said:

If you don't like the answer, then don't ask questions, or just go away

if you don,t like people asking a simple civil question pertaining to a post you put up on an open forumn then don,t bother posting,not that i,m sure anyone gives a tinkers cuss.

Edited by kingdong

12 hours ago, Susco said:

 

That is the time the foreigner wakes up from his dream

sorry you overslept

Nothing to worry about . Prayut Prawit and Anutin are on the job and all be ok

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