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Cambodia Outshines Thailand in Race for Chinese Tourists


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Posted
23 hours ago, spidermike007 said:

  23 hours ago, blaze master said:     They're going to build casinos though.

 

23 hours ago, spidermike007 said:

Look at what happened in Cambodia, when casinos were approved. Billions of dollars flowed in for construction money and then the next government outlawed them, same would happen in Thailand no doubt. 

 

AND ...........  Somebody will get rich in the process image.jpeg.a57a9034f888b56ccb2512ba4aa61616.jpeg

23 hours ago, spidermike007 said:

 

 

unfinished_construction_sites_in_sihanoukville_on_november_25._hean_rangsey.jpg

2022-08-31-21.04.40.jpg

  23 hours ago, blaze master said:

 

They're going to build casinos though.

Look at what happened in Cambodia, when casinos were approved. Billions of dollars flowed in for construction money and then the next government outlawed them, same would happen in Thailand no doubt. 

  • Like 1
Posted
20 hours ago, pdc9 said:

the tourists will come again when the currency exchange is adjusted to the reality, cost of a trip to Thailand went up the last few years and the Baht exchange is stable and clearly overvalued by about 25% so after adjusting the rate the tourists will think again about Thailand

Did a little more digging.  It appears that somehow the Thai Baht is tied to Gold Prices to some degree and Thailand has a decent amount of Gold Reserves.  That makes little sense as China has 10X the Gold Reserves as Thailand.  The Yuan is down 10% against the Baht YOY.  Definitely sounds like currency manipulation and not tied to Gold Prices.

  • Agree 1
Posted
On 5/29/2025 at 4:43 PM, snoop1130 said:

While Thailand grapples with dwindling numbers of Chinese visitors, attributed largely to negative press surrounding tourist scams and issues, Cambodia has adeptly positioned itself as a budget-friendly, hassle-free haven.

 

LMFAO

 

SCAMbodia is a well deserved name

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