changnaam Posted July 1, 2015 Share Posted July 1, 2015 Very interesting article on Bloomberg website today, not sure if links are allowed? Talks about the size of the "grey economy" in Thailand. Think the "government" might be a bit upset by it, how dare those pesky news agencies show Thailand in a bad light. Google it, bit of an eye opener. Link to comment Share on other sites More sharing options...
lostoday Posted July 1, 2015 Share Posted July 1, 2015 You mean the article on hookers? Grey economy article was written in 07. Link to comment Share on other sites More sharing options...
Anthony5 Posted July 1, 2015 Share Posted July 1, 2015 You mean the article on hookers? Grey economy article was written in 07. Maybe the OP's internet connection is slow. Link to comment Share on other sites More sharing options...
Jingthing Posted July 1, 2015 Share Posted July 1, 2015 Here it is: http://www.bloomberg.com/news/articles/2015-06-30/bangkok-s-sex-shops-street-bars-survive-graft-crackdown Link to comment Share on other sites More sharing options...
changnaam Posted July 1, 2015 Author Share Posted July 1, 2015 Here it is: http://www.bloomberg.com/news/articles/2015-06-30/bangkok-s-sex-shops-street-bars-survive-graft-crackdown Yes that's the one, plenty of reference to non taxed income if the term "grey" was not clear. Wasn't sure if the link would be allowed. Doesn't paint a very rosy picture, no surprise to those living here but not sure the rest of the world should be knowing as well!! Link to comment Share on other sites More sharing options...
lostoday Posted July 1, 2015 Share Posted July 1, 2015 Here it is: http://www.bloomberg.com/news/articles/2015-06-30/bangkok-s-sex-shops-street-bars-survive-graft-crackdown Yes that's the one, plenty of reference to non taxed income if the term "grey" was not clear. Wasn't sure if the link would be allowed. Doesn't paint a very rosy picture, no surprise to those living here but not sure the rest of the world should be knowing as well!! Amazing Thailand. I amazed that anyone would get paid for an article as obvious as that. I've read a many more posts on Thai Visa that were better written and more insightful on the hookers and cop show in Thailand, Link to comment Share on other sites More sharing options...
CharlieH Posted July 1, 2015 Share Posted July 1, 2015 As this ix economy related, MOVED to economy forum. Link to comment Share on other sites More sharing options...
changnaam Posted July 1, 2015 Author Share Posted July 1, 2015 Here it is: http://www.bloomberg.com/news/articles/2015-06-30/bangkok-s-sex-shops-street-bars-survive-graft-crackdown Yes that's the one, plenty of reference to non taxed income if the term "grey" was not clear. Wasn't sure if the link would be allowed.Doesn't paint a very rosy picture, no surprise to those living here but not sure the rest of the world should be knowing as well!! Amazing Thailand. I amazed that anyone would get paid for an article as obvious as that. I've read a many more posts on Thai Visa that were better written and more insightful on the hookers and cop show in Thailand, Yeah but TV is not read by quite as many people as Bloomberg. Most TV readers would have some idea what the score is here, whereas BMG readers might find it an eye opener. Slightly different view than the drivel we see in the press here, that is my point. Link to comment Share on other sites More sharing options...
BuaBS Posted July 1, 2015 Share Posted July 1, 2015 All countries have a grey/black economy. Even in europe where there are high fines and government is actively searching . Why is this news ? So Thailand has a bigger sex-industry , where no hooker is going to report an income , or an income bigger than 120.000/year. You think that is different than say the Philipines ? India with over a billion people , will have an even bigger grey/black/shadow (whatever you want to call it) economy. Man ,Thailand is sure taking the hits these days . From every corner and from under every rock , everybody has some sh-- to say. Link to comment Share on other sites More sharing options...
faraday Posted July 1, 2015 Share Posted July 1, 2015 As Bua says, Thailand does seem to be 'getting it in the neck' quite alot recently. Dunno why....maybe the long term aim is for some benevolent country to step in & help....? Link to comment Share on other sites More sharing options...
Thai at Heart Posted July 1, 2015 Share Posted July 1, 2015 Forget hookers and noodle stands , 80% of family owned shops pay Nada, zip, zero Link to comment Share on other sites More sharing options...
Jessi Posted July 1, 2015 Share Posted July 1, 2015 I think its a good article. Link to comment Share on other sites More sharing options...
MJKT2014 Posted July 2, 2015 Share Posted July 2, 2015 I find the Bloomberg web site hideously unreadable since they changed the format. Link to comment Share on other sites More sharing options...
Pib Posted July 2, 2015 Share Posted July 2, 2015 I think its a good article. ^^^^Ditto. Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now