webfact Posted September 3, 2021 Share Posted September 3, 2021 file photo Thais are the most worried about money a survey among six countries conducted by IPSOS has revealed as what they called the fourth wave of Covid-19 ravaged the country. Usana Janklam of IPSOS (Thailand), an international market research and consultancy firm, told Thai business media they had surveyed Thailand and five other ASEAN countries - the Philippines, Singapore, Indonesia, Vietnam and Malaysia. Thais were the most worried about the economy and higher than the regional average. Consumer confidence that started to dip in March 2020 continued to be low as Covid fears and money worries prevailed. One in 3 Thais described their financial position as "terrible". 80% said they were only spending money on household essentials like food to prepare at home and cleaning products. Spending on expensive items like houses and cars continued its dive since the third wave of infection. As far as the future months goes Thais were most concerned with passing the crisis, price controls on essentials, employment creation and job protection, help for families and households and financial inequality. -- © Copyright ASEAN NOW 2021-09-03 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
Popular Post RotBenz8888 Posted September 3, 2021 Popular Post Share Posted September 3, 2021 9 minutes ago, webfact said: 80% said they were only spending money on household essentials like food to prepare at home and cleaning products. Because the shopingmalls have been closed, but now.... 2 2 Link to comment Share on other sites More sharing options...
ThailandRyan Posted September 3, 2021 Share Posted September 3, 2021 As of yesterday, not seeing many inside the malls like Icon Siam where we took a trip to. Looked like it was a private opening for a dozen or so.... 2 Link to comment Share on other sites More sharing options...
Popular Post 2umich Posted September 3, 2021 Popular Post Share Posted September 3, 2021 In nearby area this year I see people buy and build houses like never before. 3 1 Link to comment Share on other sites More sharing options...
Popular Post Antonymous Posted September 3, 2021 Popular Post Share Posted September 3, 2021 (edited) 36 minutes ago, webfact said: As far as the future months goes Thais were most concerned with passing the crisis, price controls on essentials, employment creation and job protection, help for families and households and financial inequality. Thais were most concerned with x x x x and financial inequality. Interested to know how the questions were phrased to illicit this response. Thais were probably concerned about this before Covid came along. It would be downright amazing if it wasn't an issue today, But how concerned and how much motivation is there to change things? These are interesting times we live in. Edited September 3, 2021 by Antonymous 3 Link to comment Share on other sites More sharing options...
ThailandRyan Posted September 3, 2021 Share Posted September 3, 2021 6 minutes ago, 2umich said: In nearby area this year I see people buy and build houses like never before. Where? We're they falang built hones, new MooBan, or folks who borrowed free money from the banks while no payments were needed. Maybe just rich folks 2 Link to comment Share on other sites More sharing options...
Popular Post Mr Meeseeks Posted September 3, 2021 Popular Post Share Posted September 3, 2021 The lack of mass tourism for the foreseeable future, lacklustre domestic spending and prolonged political protests (and possible violence) will be the straws that break the economy's back. The teflon is starting to rub right off now and right in the middle of a global economic crisis and possible depression. 11 2 Link to comment Share on other sites More sharing options...
2umich Posted September 3, 2021 Share Posted September 3, 2021 1 hour ago, ThailandRyan said: Where? We're they falang built hones, new MooBan, or folks who borrowed free money from the banks while no payments were needed. Maybe just rich folks Korat. I don't know exactly who they are, and how rich they are. Mostly locals. Some even build restaurants and food shops. But a lot of construction activity here recently. 1 Link to comment Share on other sites More sharing options...
Scrotobike Posted September 3, 2021 Share Posted September 3, 2021 12 minutes ago, trainman34014 said: Watch this space....coming soon ! I think the third wave is enough - not sure it has finished yet..... 1 Link to comment Share on other sites More sharing options...
metisdead Posted September 3, 2021 Share Posted September 3, 2021 A post using oversized emojis has been removed as well as a reply. Link to comment Share on other sites More sharing options...
Popular Post vandeventer Posted September 3, 2021 Popular Post Share Posted September 3, 2021 Where I live a lot of people are worried about their jobs. Some companies and government jobs are taking advantage of the covid situation and working people longer and harder. So if you lose your job another one will be hard to find and they know this. Life these days are not easy for the Thais. 2 2 1 Link to comment Share on other sites More sharing options...
Popular Post klauskunkel Posted September 3, 2021 Popular Post Share Posted September 3, 2021 4 hours ago, webfact said: Thais are the most worried about money No need to worry, you have a General/Czar and his able crew helming the ship called Thailand. Do I see happiness returning on the horizon? No, it's just an iceberg. 5 3 Link to comment Share on other sites More sharing options...
Popular Post Pedrogaz Posted September 3, 2021 Popular Post Share Posted September 3, 2021 Unsurprising really seeing how most of the girls in Pattaya, Bangkok and Phuket were sending money home to support their idle brothers and their mum and dad. I look at this and feel that I was lucky to have been born in the West. 7 Link to comment Share on other sites More sharing options...
hotchilli Posted September 3, 2021 Share Posted September 3, 2021 5 hours ago, webfact said: As far as the future months goes Thais were most concerned with passing the crisis, price controls on essentials, employment creation and job protection, help for families and households and financial inequality A bleak outlook then. Price controls on essentials that already seem to be rising. Employment and job protection has no chance under this present regime. Financial equality has always been in favour of the rich families, monopolies and the top 10% 2 Link to comment Share on other sites More sharing options...
hotchilli Posted September 3, 2021 Share Posted September 3, 2021 5 hours ago, ThailandRyan said: As of yesterday, not seeing many inside the malls like Icon Siam where we took a trip to. Looked like it was a private opening for a dozen or so.... Did you get an RSVP or just gate-crashed? 1 Link to comment Share on other sites More sharing options...
hotchilli Posted September 3, 2021 Share Posted September 3, 2021 4 hours ago, Mr Meeseeks said: The lack of mass tourism for the foreseeable future, lacklustre domestic spending and prolonged political protests (and possible violence) will be the straws that break the economy's back. The teflon is starting to rub right off now and right in the middle of a global economic crisis and possible depression. Yet the baht seems to be making a recovery... just like the other stats. 2 1 Link to comment Share on other sites More sharing options...
Ginner Posted September 3, 2021 Share Posted September 3, 2021 1 hour ago, vandeventer said: Where I live a lot of people are worried about their jobs. Some companies and government jobs are taking advantage of the covid situation and working people longer and harder. So if you lose your job another one will be hard to find and they know this. Life these days are not easy for the Thais. Yes, that's the point. The ones who are suffering are ( as usual ) the workers and low paid. We visited a Japanese restaurant we haven't been there for awhile, no need to say why, usual there are 6 /9 waiting on tables last night only 3. the new thing is computer menu on the tables. chose what you want send the order straight to the kitchen and a server brings to your table after about 10/20 mins. We had finished our meals and had to ask for the drinks we had ordered at the same time as the meal. 2 Link to comment Share on other sites More sharing options...
Isaan sailor Posted September 3, 2021 Share Posted September 3, 2021 Here in Isaan the malls remain quite full. People don’t need money. They buy on credit. 2 Link to comment Share on other sites More sharing options...
Popular Post Jimbo2014 Posted September 3, 2021 Popular Post Share Posted September 3, 2021 Should ask Xi for some compensation. 3 Link to comment Share on other sites More sharing options...
newnative Posted September 3, 2021 Share Posted September 3, 2021 11 minutes ago, Ginner said: Yes, that's the point. The ones who are suffering are ( as usual ) the workers and low paid. We visited a Japanese restaurant we haven't been there for awhile, no need to say why, usual there are 6 /9 waiting on tables last night only 3. the new thing is computer menu on the tables. chose what you want send the order straight to the kitchen and a server brings to your table after about 10/20 mins. We had finished our meals and had to ask for the drinks we had ordered at the same time as the meal. That reminds me of when my partner and I visited Japan. We went into a restaurant and sat down. We were the only non-Japanese in the restaurant. We waited and waited and nobody came to take our order. Turns out we were suppose to order and pay for our meal at a vending machine type thing out by the entrance that we hadn't noticed. I prefer the personal interaction with wait staff. I know of one Japanese restaurant in Pattaya that has the computer menu on tables but, fortunately, some of the tables by the windows don't have them--yet. 1 Link to comment Share on other sites More sharing options...
Popular Post geisha Posted September 3, 2021 Popular Post Share Posted September 3, 2021 Are the government not embarrassed that the whole world can see the queues of people begging food qall over Thailand ? The jobs that are lost , and the 20 000 a day suffering because they are too mean to fork out the cash to buy the COVID vaccins ? Amazing Thailand, the land that has been reaping in the tourist dollars for decades, and not giving anything back ? The world is watching. The government will eventually have to face up to the consequences of their actions . You reap what you sow . 8 2 Link to comment Share on other sites More sharing options...
Cake Monster Posted September 3, 2021 Share Posted September 3, 2021 5 hours ago, ThailandRyan said: Where? We're they falang built hones, new MooBan, or folks who borrowed free money from the banks while no payments were needed. Maybe just rich folks I think also that there are many Thais who have taken the " Free Money :" the banks are offering to buyers of new Houses. There are 10 new Houses being built down the Soi from me, and the guy cannot get them up quick enough before they seem to be sold. I have never seen Houses sold so quickly, and they are the typical 2 M, single storey House on 50 TW of land, so nothing special. Of course we all know that " Free Money " is anything but free, and there will be a substantial tick up in Mortgage Payments to come for these folk as time goes on. Link to comment Share on other sites More sharing options...
Brickbat Posted September 3, 2021 Share Posted September 3, 2021 Central just bought Germany’s largest luxury drop store Link to comment Share on other sites More sharing options...
Brickbat Posted September 3, 2021 Share Posted September 3, 2021 Just now, Brickbat said: Central just bought Germany’s largest luxury drop store Department Store Link to comment Share on other sites More sharing options...
Popular Post runamok27 Posted September 3, 2021 Popular Post Share Posted September 3, 2021 8 hours ago, geisha said: Are the government not embarrassed that the whole world can see the queues of people begging food qall over Thailand ? The jobs that are lost , and the 20 000 a day suffering because they are too mean to fork out the cash to buy the COVID vaccins ? Amazing Thailand, the land that has been reaping in the tourist dollars for decades, and not giving anything back ? The world is watching. The government will eventually have to face up to the consequences of their actions . You reap what you sow . The world isn't watching and couldn't care less. If you polled the world about Thailands problems about 1.1% of the people will have heard anything at all about Thailand. 3 2 Link to comment Share on other sites More sharing options...
Bangkok Barry Posted September 3, 2021 Share Posted September 3, 2021 20 hours ago, webfact said: 80% said they were only spending money on household essentials like food to prepare at home and cleaning products. There goes any hope of domestic tourism, then. Link to comment Share on other sites More sharing options...
Bangkok Barry Posted September 3, 2021 Share Posted September 3, 2021 4 hours ago, runamok27 said: The world isn't watching and couldn't care less. If you polled the world about Thailands problems about 1.1% of the people will have heard anything at all about Thailand. Indeed. Thailand is important only to the people that live there. To others, it is a south-east Asian backwater with no influence at all in world affairs, and best known for ladyboys and prostitutes. 1 1 Link to comment Share on other sites More sharing options...
Bangkok Barry Posted September 3, 2021 Share Posted September 3, 2021 15 hours ago, hotchilli said: 19 hours ago, Mr Meeseeks said: The lack of mass tourism for the foreseeable future, lacklustre domestic spending and prolonged political protests (and possible violence) will be the straws that break the economy's back. The teflon is starting to rub right off now and right in the middle of a global economic crisis and possible depression. Yet the baht seems to be making a recovery... just like the other stats. Nothing at all affects the Baht, other than what the US$ does. Even during the worst of the riots, even during the airport shut-down, the Baht stayed far more stable than anyone would have expected. 1 Link to comment Share on other sites More sharing options...
ChipButty Posted September 4, 2021 Share Posted September 4, 2021 1 hour ago, Bangkok Barry said: and best known for ladyboys and prostitutes. I wouldnt want it any other way 2 Link to comment Share on other sites More sharing options...
Harveyboy Posted September 4, 2021 Share Posted September 4, 2021 4 hours ago, Bangkok Barry said: Indeed. Thailand is important only to the people that live there. To others, it is a south-east Asian backwater with no influence at all in world affairs, and best known for ladyboys and prostitutes. yes has 2 good things going for it eh 1 Link to comment Share on other sites More sharing options...
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