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172
Huge markup on imported foods. Why?
The HS custom code for marmite is 2106.90.99. As you may see in this document (https://www.customs.go.th/data_files/ad5e0129680ac963317538ca8ea02209.PDF) the import duty for this specific product category is 60%. The duty is calculated on the CIF cost of the product (cost + insurance + freight). To the resulting landed cost a 7% VAT applies. Assuming that the price ex-factory paid by the importer is A$2.80, and assuming 15% as the cost for freight and shipment to the BKK port from the factory warehouse, the CIF cost is A$3.22. Adding Thai import duties (60%) and VAT (7%) the cost becomes A$5.51. Adding 5% for BKK port handling and domestic freight from the vessel to the importer's warehouse, plus 25% gross margin for the importer and 30% gross margin for the retailer, the selling price is A$11.90. This is not true only for the Australian Marmite (which I personally find disgusting). Sadly, it is true also for my favored European, delicious, imported food 😃. -
101
What's behind the current THB strength?
Everyone can cherry-pick something to make his point. Tell us about your losers. Oh wait, you only have winners, of course, that is why you live in Isaan in a rental house and post threads about downsizing. -
14
Motorcycle Cuts in Front of 18-Wheeler, Ignites in Fiery Crash: Elderly Man Dies
Just make sure you have a very good Dashcam. -
172
Huge markup on imported foods. Why?
Both are pretty disgusting. You are welcome to my allotment of either. -
3
Which state that Trump won in 2020 will he lose this time?
What is the question? Even if he doesn't lose any he's still 38 short -
101
What's behind the current THB strength?
Duhhhh.... I currently have twice that amount invested in about 10 different tickers. I would say 5 of those are considered high paying dividend stocks.....I spread the risk around....I've been investing for years and wasn't born last night. Let me see....YMAX 1K shares at a cost of less than $20k USD will get you around $200 USD a WEEK in dividends.... (~6,500 THB). Can you do the math or do you need any help....and do note, that's just $20k on a single ticker! -
6
Thailand Aims for 36.7M Tourists, Unveils Bold Campaign Plans
By made up figures are you talking about the TAT by any chance? Maybe a NIDA poll? -
77
Trump Challenges Special Counsel's Evidence Release in Election Case
So being informed is election interference? I would say that suppressing information is election interference. -
92
Trump Erupts in Incoherent Rants After New Court Brief Details How He ‘Resorted to Crimes’
It's the biased hysterical hating media and especially Yahoo that are the disgrace. -
6
Thailand Aims for 36.7M Tourists, Unveils Bold Campaign Plans
Poor taste mate. To make a joke of what's happened doesn't say much for your character. -
98
Trump to remove legal immigrants.
Trump was the only president in 46 years that had 0 wars. Facts speak for themselves and Americans are aware of this!- 1
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5
Are you smart? Did you wait for the update to Sequoia? Apple just pushed 15.0.1 - Update
You must persuade yourself that you are smart, having been in both worlds I now have the better choice. -
98
Trump to remove legal immigrants.
Just like evil LBJ with his great society who said it would have N's voting democrat for 200 years, this importing voters, especially into swing states, is aimed at getting the Democrats becoming the only electable party. They have the nerve to talk about preserving democracy!- 1
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