Popular Post webfact Posted July 13, 2023 Popular Post Share Posted July 13, 2023 Protests and potential political instability are causing growing unease within Thailand‘s private sector, chiefly due to the impact of delays in forming the country’s new government. The possible effects are multifaceted, potentially touching areas such as new investments and the tourism industry. The Thai Chamber of Commerce’s vice-chairman, Poj Aramwattananont, expressed concern yesterday in light of recent moves by the local Election Commission (EC). The EC recommended prime ministerial candidate Pita Limjaroenrat’s disqualification from his parliamentary duties due to violations of electoral rules. Yet, constitutionally-compliant action is something the private sector can readily accept, according to Aramwattananont. He noted forthcoming investments could be influenced negatively by the delayed government formation. An extended delay could significantly dent investor confidence, as policies set by a new government and its cabinet are often key determinants for future investment decisions. Furthermore, the vice-chairman emphasised the obligation of the government to uphold peace and order, especially during political protests. “The caretaker government should continue its work,” he said, maintaining that the private sector and civil servants should carry on their duties without interruptions. by Alex Morgan Picture courtesy of Clint Oka, Unsplash Full story: https://thethaiger.com/news/business/thai-private-sector-braced-for-impact-amid-political-unrest-and-government-delays -- © Copyright Thaiger 2023-07-13 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. 1 3 Link to comment Share on other sites More sharing options...
Popular Post sammieuk1 Posted July 13, 2023 Popular Post Share Posted July 13, 2023 Bad news good news up will go the Baht to brace someone for sure ???? 5 1 Link to comment Share on other sites More sharing options...
Popular Post herfiehandbag Posted July 13, 2023 Popular Post Share Posted July 13, 2023 4 minutes ago, webfact said: The caretaker government should continue its work,” he said, maintaining that the private sector and civil servants should carry on their duties without interruptions. Oh it will, don't worry. Fresh elections will be needed of course, when the time is right, at the appropriate juncture, when the necessary groundwork has been done. Never let it be said that democracy will be ignored, just that certain, adjustment (?), need to be made, for the good of the nation. 5 1 7 Link to comment Share on other sites More sharing options...
DjSilver Posted July 13, 2023 Share Posted July 13, 2023 We need Thai baht to lose value and do it fast. Thailand meeds to stop buying their own currency with gold. That's the only thing keeping it up. 1 Link to comment Share on other sites More sharing options...
Popular Post Ironmike Posted July 13, 2023 Popular Post Share Posted July 13, 2023 Here's a simple solution why not give the people what they legally voted for and get rid of all these stupid old men just bankrolling their own bank accounts, before something bad happens 13 7 8 6 Link to comment Share on other sites More sharing options...
Popular Post hotchilli Posted July 13, 2023 Popular Post Share Posted July 13, 2023 2 hours ago, webfact said: The EC recommended prime ministerial candidate Pita Limjaroenrat’s disqualification from his parliamentary duties due to violations of electoral rules. A travesty of duty. 2 1 7 Link to comment Share on other sites More sharing options...
Popular Post hotchilli Posted July 13, 2023 Popular Post Share Posted July 13, 2023 1 minute ago, Ironmike said: before something bad happens It just went south.. the fix is in. 2 3 Link to comment Share on other sites More sharing options...
Popular Post Bim Smith Posted July 13, 2023 Popular Post Share Posted July 13, 2023 The dinasours would rather see the country burn to ashes than concede control. Like all dictatorships. 12 1 7 6 Link to comment Share on other sites More sharing options...
Popular Post Ginner Posted July 13, 2023 Popular Post Share Posted July 13, 2023 27 minutes ago, DjSilver said: We need Thai baht to lose value and do it fast. Thailand meeds to stop buying their own currency with gold. That's the only thing keeping it up. The pound has gained 6 points against the Baht.... 39 to the £ at the end of June. Now 45 to the £ as of this morning. 1 2 1 4 Link to comment Share on other sites More sharing options...
Purdey Posted July 13, 2023 Share Posted July 13, 2023 Peta has been very disappointing. Couldn't plan his way out of a paper bag. Best thing to hope for is a minority government then and early election where MF win an overwhelming number of votes. 2 2 Link to comment Share on other sites More sharing options...
Popular Post topt Posted July 13, 2023 Popular Post Share Posted July 13, 2023 17 minutes ago, Ginner said: The pound has gained 6 points against the Baht.... 39 to the £ at the end of June. Now 45 to the £ as of this morning. Not sure where you got 39 from. Lowest in last 60 days was 42.171 interbank and over 43 for all of June...... Main reason I think is strength of GBP vs $US 4 2 Link to comment Share on other sites More sharing options...
Popular Post poppysdad Posted July 13, 2023 Popular Post Share Posted July 13, 2023 The pound has gained 6 points against the Baht.... 39 to the £ at the end of June. Now 45 to the £ as of this morning. On 29th June I got 45.02 so where you got your facts from heaven knows. More posts without any checks on what you post seems common these days. 2 1 2 Link to comment Share on other sites More sharing options...
NicoBKK Posted July 13, 2023 Share Posted July 13, 2023 1 hour ago, DjSilver said: We need Thai baht to lose value and do it fast. Thailand meeds to stop buying their own currency with gold. That's the only thing keeping it up. hopefully not, loosing plenty of money here 1 Link to comment Share on other sites More sharing options...
Gknrd Posted July 13, 2023 Share Posted July 13, 2023 Here we go again. 1 Link to comment Share on other sites More sharing options...
Chongalulu Posted July 13, 2023 Share Posted July 13, 2023 56 minutes ago, Ginner said: The pound has gained 6 points against the Baht.... 39 to the £ at the end of June. Now 45 to the £ as of this morning. That's not what my charts are showing. It was 45baht as now at the end of June Link to comment Share on other sites More sharing options...
Brickleberry Posted July 13, 2023 Share Posted July 13, 2023 The Baht has been gaining on the dollar for the last few days... Do they know something we don't? 34.5 right now, yet just week it was 35.8 I think we are all in agreement that there's no way Pita is going to be elected as the PM, yet the Baht is rising like one of Bezos' cock-shaped rockets. What's going on? 2 Link to comment Share on other sites More sharing options...
Popular Post RichardColeman Posted July 13, 2023 Popular Post Share Posted July 13, 2023 Funny they did not use the headline - 'Previous Junta and unelected senators wreak havoc on Thailand's democracy push' 1 1 4 1 Link to comment Share on other sites More sharing options...
mrfill Posted July 13, 2023 Share Posted July 13, 2023 2 hours ago, Ginner said: The pound has gained 6 points against the Baht.... 39 to the £ at the end of June. Now 45 to the £ as of this morning. You mean June 2020 of course... 1 Link to comment Share on other sites More sharing options...
h90 Posted July 13, 2023 Share Posted July 13, 2023 2 hours ago, Purdey said: Peta has been very disappointing. Couldn't plan his way out of a paper bag. Best thing to hope for is a minority government then and early election where MF win an overwhelming number of votes. Why would you need a minority government? PTP could build a normal coalition, with or without MFP. I doubt in a new vote MF will win the same amount of vote....but I could be wrong 1 Link to comment Share on other sites More sharing options...
stix40 Posted July 13, 2023 Share Posted July 13, 2023 What do we want 50 baht / £ When do we want it ? Link to comment Share on other sites More sharing options...
KannikaP Posted July 13, 2023 Share Posted July 13, 2023 1 hour ago, Brickleberry said: I think we are all in agreement that there's no way Pita is going to be elected as the PM You might be in agreement with some others, but ALL, no way. 1 Link to comment Share on other sites More sharing options...
sambum Posted July 13, 2023 Share Posted July 13, 2023 4 hours ago, Ironmike said: Here's a simple solution why not give the people what they legally voted for and get rid of all these stupid old men just bankrolling their own bank accounts, before something bad happens What a good idea! I wonder if anybody else has thought of that? Link to comment Share on other sites More sharing options...
zzaa09 Posted July 13, 2023 Share Posted July 13, 2023 When these folks speak of a private sector, do they mean corporate sector? Link to comment Share on other sites More sharing options...
grego49 Posted July 13, 2023 Share Posted July 13, 2023 1 hour ago, stix40 said: What do we want 50 baht / £ When do we want it ? And 30 to the Aussie dollar,,,, Link to comment Share on other sites More sharing options...
still kicking Posted July 13, 2023 Share Posted July 13, 2023 2 minutes ago, grego49 said: And 30 to the Aussie dollar,,,, Dream on 1 Link to comment Share on other sites More sharing options...
whiteman Posted July 13, 2023 Share Posted July 13, 2023 KIWI IS ON THE MOVE UP Link to comment Share on other sites More sharing options...
Cabradelmar Posted July 13, 2023 Share Posted July 13, 2023 5 hours ago, DjSilver said: We need Thai baht to lose value and do it fast. Thailand meeds to stop buying their own currency with gold. That's the only thing keeping it up. More likely, they are draining their dwindling foreign currency reserves to artificially prop up the baht... we'll see how long they can keep it up, but if democracy fails, the peoples vote is disrespected, and they seat a minority coalition government, it could spiral Link to comment Share on other sites More sharing options...
stix40 Posted July 13, 2023 Share Posted July 13, 2023 1 hour ago, grego49 said: And 30 to the Aussie dollar,,,, Way hay and up she rises Link to comment Share on other sites More sharing options...
Frankie baby Posted July 13, 2023 Share Posted July 13, 2023 The back room unseen dormant ministers who have been riding the pay-roll for decades were never going to accept change, especially change that could see them all binned. Link to comment Share on other sites More sharing options...
Brickleberry Posted July 14, 2023 Share Posted July 14, 2023 20 hours ago, KannikaP said: You might be in agreement with some others, but ALL, no way. I was right, wasn't I? Lol! Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now