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Present Economy Affecting Business

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Mr. Jamroon Wissawachaiyaphan, President of the Business and Tourism Association

Pattaya, chaired a meeting on 11th July with the members and business people about the economic climate concerning business in Pattaya. Many topics were discussed in the meeting including the lack of trust from foreign investors who are withdrawing their interest in Thailand because of the new alien and business act. Plus the changes in the land act and concerns about tourism in Pattaya dropping dramatically because of the unstable political situation – mainly in the southern part of Thailand. All adding to the tourists fear about their safety. The strong Baht against other currencies is another concern. Banks are predicting that the dollar will drop further to come to a ratio of 1 dollar = 33 Baht.

http://www.pattayapeople.com/default.asp?F...;IdArticle=6612

Any one else think the one in the middle of that picture on PP looks like he has a false groucho marx nose and glasses on

Any one else think the one in the middle of that picture on PP looks like he has a false groucho marx nose and glasses on

LOL. It does kind of look like it.

:o

Present Economy Affecting Business

well , f me

sign me up for a subscription ..............................

not.

Given the "not me" finger pointing that Thais are so famous for, I don't think much will change.

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