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Baht volatility surpasses regional currencies amid US rate cut speculation
The Baht strengh , have nothing to do with the local economy, its a fall of the USD against all currencys. Speculation on narrowing intrest rate in US, risk off , Carytrades. The Top speculation was JPY , the most undervalued currency from the top 5 , rose 20Y or 14% ,Eur up 5% and all other emerging country currencys are simmilar up . like the THB. depending how it goes forward in the US , is stocks in correction and risk off mode , than usd fall more. but i doubt there is a big correction ( bearmarket) around the corner , not jet , but medium term -
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Don’t kill the golden goose! Tax reforms may drive away expats
It hasn't even been passed through yet. This was proposed by a PM and a deputy PM who really didn't like farangs. They say it won't even be debated until the beginning of 2025, plus, there is quite a lot of opposition to is as it will effect Thais as well as foreigners. The PM of today and her family were always very farang friendly. So wait and see. As for the agents and IOs they will always find away round it. -
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Drunk foreign men reportedly fight over Thai woman in Phuket
They were just fighting over their turn. I too hate it when people try to push in in front of you. The queue system with the tickets like they have in Thai banks are good. -
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Crisis in Mae Sai: Floods Leave Residents Trapped
Seems the whole world is flooding at the moment. Spain, India, China, Saudi, Vietnam, Philippines, USA, Switzerland ........ my Facebook page is full of reels of extreme flooding. -
2
2019 harris questionnaire sheds light on more liberal past
On a more positive note, try on these patriotic shoes: https://cl.babylonbee.com/c/7/eyJhaSI6OTM0MDM5NzAsImUiOiJ0bV9kdmxuQHlhaG9vLmNvbSIsInJpIjoiMTM0NDIzNjQ1OSIsInJxIjoiMDItYjI0MjU0LWIxM2ZmMTI1OTIzMTQ4ZDA4YjI3NGQyMWNjNDFkMGE3IiwicGgiOm51bGwsIm0iOmZhbHNlLCJ1aSI6IiIsInVuIjoiIiwidSI6Imh0dHBzOi8vdHJ1bXB0cmVuZHouY29tL3Byb2R1Y3RzL21hZ2EtbWF4LW1pbGl0YXJ5LXNuZWFrZXJzIn0/dYCj9H93XI0-XA7SO6B9_A -
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Don’t kill the golden goose! Tax reforms may drive away expats
If I stayed in Thailand this year my Thai tax bill on global earnings would more than $400k USD if I remitted it all because I sold something of value which I got far cheaper many many years ago- there was zero chance I would pay that to them, so I left and became a non resident. How many people in this kind of situation do you think will take avoidance measures? My guess is all of them. Just selling a house in a country where there are zero percent gains tax on your main residence (many countries I believe) can make a liability on that capital gain in Thailand for the rest of your life if you don't plan it right and are a resident in the year it's realised, and that's under the current rules introduced on Jan 1 2024, never mind if the global taxation change comes in - that's infinitely worse for investors if that is ever enacted. -
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Don’t kill the golden goose! Tax reforms may drive away expats
" Thought in Dept " Not happening in Thailand in my lifetime it begins and ends with Greed 🤑 -
173
Pattaya: Search For Culprit Who Muzzled 10 Dogs With Tape
Oh Dear, Go talk to H. Finn now. -
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China Expands Approval of Thai Poultry Plants for Export
Of course China would approve this. The plant is likely owned by Chinese. -
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Nude awakening: Foreigner filmed naked on Phuket hotel balcony - video
Never really grasped the fascination with staring at a naked body. Basically only two flavors since the beginning of time , though some have attempted non OEM modifications. if it bothers you, then turn your head or walk away. Shame that children brought into this world naked and then told the naked body is a sin. -
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New Bangkok city plan: Battle rages over public benefit vs commercial development
Listen but not hear. -
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Don’t kill the golden goose! Tax reforms may drive away expats
You are correct most countries have legislation preventing the disclosure of information. I rightly have to go through a rigorous check list if I ring my pension fund in Australia. I rang my Aus bank recently and was on speaker they heard my wife and said she had to leave the room while they spoke to me. That's why the income method for the retirement extension stopped most countries including Australia wouldn't disclose the information for Thai Immigration
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