Finance Minister Kittiratt Pushes Rating Upgrade: Thailand

[Moruya]

BOI Stats - Interesting

http://www.boi.go.th/upload/content/T.FDI126_96215.pdf

[BlackJack]

with the political uncertainties, riots, southern problems, rice scheme, raising the daily salary, floods etc.

how come one of the Thai funds paid 80% over the last 12 months

just doesnt make sense does it

[TheGhostWithin]

with the political uncertainties, riots, southern problems, rice scheme, raising the daily salary, floods etc.

how come one of the Thai funds paid 80% over the last 12 months

just doesnt make sense does it

Read the pdf file contained in the link above, you will see documented proof of a larger group of people (Thais), making less money, and a smaller group of foreigners, being approved since 2011, investing a smaller total amount of money.

Burning the candle at both ends will allow the candle to still burn fast, but it will eventually peter out.

[philw]

Never let the facts get in the way of prejuidice, eh???

Facts........

OK - substantiate your claim that Yingluck's popularity is on the increase?

The economy is no strenthening - far from it. Overspend is around 5% and national debt has risen by a staggering 20% of GDP since the Dems.

Remind me how much of the flood "infrastructure" that the massive loan was taken out for has been done?

The 300B wage went in 15 days ago - already seen stories of 250,000 unemployed in anticipation

Militaru tension - yes, they had a sectret meeting to discuss their response to the ICJ verdict

Thai involvement with ASEAN? You're kidding right? The government is too scared about impending disease

BOI up? They haven't published an annual report since the Dems were in power.

Tourism up since the massive floods. Splendid. Well done.

Please see here and try and read some newspapers of greater depth and content than the Nation.........

http://asiancorrespo.../bangkokpundit/

Recent reports say BOI applications and approvals are higher than previous years, I'll leave it to you to read the paper that cannot be mentioned.

By all accounts relations between PT and the Army are warming and are certainly not as frosty as they could have been.

Viz recent comments from Prem.

Your comment on the recent meeting ( can't be secret if you knew of it ) is a red herring.

Where are the reports of 250,000 unemployed ???

Ask any Thai person you know about the standing of the Government, is it going up or down ???

Where is your evidence to suggest it is going down or are you just in denial ??

Your comment re ASEAN is inane.

What is happening in Myanmar ???

It's not all doom and gloom and the reality is a bit different from the garbage portrayed by some on here.

Edited January 16, 2013 by philw

[bigbamboo]

with the political uncertainties, riots, southern problems, rice scheme, raising the daily salary, floods etc.

how come one of the Thai funds paid 80% over the last 12 months

just doesnt make sense does it

Was that Ponziporn?

[Thai at Heart]

Meanwhile, Thailand goes forwards, the PM's popularity rises, the economy strengthens, major long term infrastructure is being planned and implemented, the 300 minimum wage has not caused the economy to collapse, military tension with neighbouring countries is on the wane, Thai involvement with ASEAN is growing, BOI applications and approvals are high ( if not at record levels ), the military top brass seem to be cooperating with the Government and tourism is up.

This must hurt some on here.

Is Thailand going blindly down the same path as Greece?

Debt servicing is something everybody always wants to forget, but cannot avoid. Today, Thailand, under the Financial Institutions Development Fund (FIDF), is carrying a debt burden of Bt1.4 trillion from the 1997 financial crisis. To date, the Bank of Thailand (BOT) has paid down Bt200,000 billion, (the agreement reached in 2002 between the BOT and Ministry of Finance (MOF) called for the BOT to pay Bt1.39 trillion over 30 years and the MOF to pay for the interest, but the BOT's commitment was never materialised. To date, the MOF has paid up Bt600,000 billion and the rest remains on the balance sheet. Rain or shine, the chickens come home to roost, and eventually the hard question to eschew will have to be dealt with. This FIDF issue will be the subject of much analysis and commentary following Tuesday's Cabinet decision to transfer the burden of the FIDF to the BOT, to wipe the slate clean so the government can borrow anew.

http://www.nationmul...r-30173553.html

Thailand and Greece are literally and statistically thousands of miles apart.

[Moruya]

Never let the facts get in the way of prejuidice, eh???

Facts........

OK - substantiate your claim that Yingluck's popularity is on the increase?

The economy is no strenthening - far from it. Overspend is around 5% and national debt has risen by a staggering 20% of GDP since the Dems.

Remind me how much of the flood "infrastructure" that the massive loan was taken out for has been done?

The 300B wage went in 15 days ago - already seen stories of 250,000 unemployed in anticipation

Militaru tension - yes, they had a sectret meeting to discuss their response to the ICJ verdict

Thai involvement with ASEAN? You're kidding right? The government is too scared about impending disease

BOI up? They haven't published an annual report since the Dems were in power.

Tourism up since the massive floods. Splendid. Well done.

Please see here and try and read some newspapers of greater depth and content than the Nation.........

http://asiancorrespo.../bangkokpundit/

Recent reports say BOI applications and approvals are higher than previous years, I'll leave it to you to read the paper that cannot be mentioned.

By all accounts relations between PT and the Army are warming and are certainly not as frosty as they could have been.

Viz recent comments from Prem.

Your comment on the recent meeting ( can't be secret if you knew of it ) is a red herring.

Where are the reports of 250,000 unemployed ???

Ask any Thai person you know about the standing of the Government, is it going up or down ???

Where is your evidence to suggest it is going down or are you just in denial ??

Your comment re ASEAN is inane.

What is happening in Myanmar ???

It's not all doom and gloom and the reality is a bit different from the garbage portrayed by some on here.

I have several black bags for your empty and unsubstantiated comments

[Asiantravel]

Meanwhile, Thailand goes forwards, the PM's popularity rises, the economy strengthens, major long term infrastructure is being planned and implemented, the 300 minimum wage has not caused the economy to collapse, military tension with neighbouring countries is on the wane, Thai involvement with ASEAN is growing, BOI applications and approvals are high ( if not at record levels ), the military top brass seem to be cooperating with the Government and tourism is up.

This must hurt some on here.

Is Thailand going blindly down the same path as Greece?

Debt servicing is something everybody always wants to forget, but cannot avoid. Today, Thailand, under the Financial Institutions Development Fund (FIDF), is carrying a debt burden of Bt1.4 trillion from the 1997 financial crisis. To date, the Bank of Thailand (BOT) has paid down Bt200,000 billion, (the agreement reached in 2002 between the BOT and Ministry of Finance (MOF) called for the BOT to pay Bt1.39 trillion over 30 years and the MOF to pay for the interest, but the BOT's commitment was never materialised. To date, the MOF has paid up Bt600,000 billion and the rest remains on the balance sheet. Rain or shine, the chickens come home to roost, and eventually the hard question to eschew will have to be dealt with. This FIDF issue will be the subject of much analysis and commentary following Tuesday's Cabinet decision to transfer the burden of the FIDF to the BOT, to wipe the slate clean so the government can borrow anew.

http://www.nationmul...r-30173553.html

Thailand and Greece are literally and statistically thousands of miles apart.

The number of miles between the two countries and any amount of statistics cannot overcome basic economics and these people are in no way, shape or form prepared for a global downturn

[philw]

Never let the facts get in the way of prejuidice, eh???

Facts........

OK - substantiate your claim that Yingluck's popularity is on the increase?

The economy is no strenthening - far from it. Overspend is around 5% and national debt has risen by a staggering 20% of GDP since the Dems.

Remind me how much of the flood "infrastructure" that the massive loan was taken out for has been done?

The 300B wage went in 15 days ago - already seen stories of 250,000 unemployed in anticipation

Militaru tension - yes, they had a sectret meeting to discuss their response to the ICJ verdict

Thai involvement with ASEAN? You're kidding right? The government is too scared about impending disease

BOI up? They haven't published an annual report since the Dems were in power.

Tourism up since the massive floods. Splendid. Well done.

Please see here and try and read some newspapers of greater depth and content than the Nation.........

http://asiancorrespo.../bangkokpundit/

Recent reports say BOI applications and approvals are higher than previous years, I'll leave it to you to read the paper that cannot be mentioned.

By all accounts relations between PT and the Army are warming and are certainly not as frosty as they could have been.

Viz recent comments from Prem.

Your comment on the recent meeting ( can't be secret if you knew of it ) is a red herring.

Where are the reports of 250,000 unemployed ???

Ask any Thai person you know about the standing of the Government, is it going up or down ???

Where is your evidence to suggest it is going down or are you just in denial ??

Your comment re ASEAN is inane.

What is happening in Myanmar ???

It's not all doom and gloom and the reality is a bit different from the garbage portrayed by some on here.

I have several black bags for your empty and unsubstantiated comments

.............but no answers.

[Moruya]

.............but no answers.

That's right. You didn't provide any