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Longan Farmer Kills Business Partner During Argument in Chiang Mai


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Longan Farmer Kills Business Partner During Argument
by CityNews

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CityNews – A man was killed in Sanpatong after he was murdered by a business partner who was upset over the profits from their longan farm.

64-year-old Charan Punyakaew was murdered by his business partner, identified only as Nu, after an argument broke out over the benefits and profits from a longan farm they both invested in.

Full story: http://www.chiangmaicitylife.com/news/longan-farmer-kills-business-partner-argument/

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-- Chiang City News 2016-07-14

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Thainess at work here, nothing to see, just another day in paradise. coffee1.gif

Oh stop that nonsense.

Are you totally clueless?

As if cold-blooded murder wasn't a common occurrence worldwide.

These mindless and repetitive accusations of ​Thainess ​are making farangs look like village idiots.

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Thainess at work here, nothing to see, just another day in paradise. coffee1.gif

Oh stop that nonsense.

Are you totally clueless?

As if cold-blooded murder wasn't a common occurrence worldwide.

These mindless and repetitive accusations of ​Thainess ​are making farangs look like village idiots.

Guilty as chargedgigglem.gif

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Here is an off the wall guess: less than 10 percent of Thai small business (defined as having less than 10 employees) make a profit as would be defined using international accounting practices. To make a profit one has to know first how to calculate the gross profit, the cost of inputs, then the operating profit, the cost of making what you are selling. I have yet to meet a Thai that understands these basics.

That being said, most Thais start businesses to eat; it is purely a subsistence enterprise and is done because they cannot get a job. This is especially true for Thai women who, after the age of 30 or 35 and lacking a professional degree, are locked out of the job market. The most impactful thing the government could sponsor is knowledgeable assistance in starting up these micro businesses.

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