Thailand expects windfall from Trump’s policies

[webfact]

Thailand expects windfall from Trump’s policies

 

 

BANGKOK: -- The private sector says US President's trade policies could be a windfall to Thailand.

 

This was what the private sector expressed at yesterday’s seminar.

 

TISCO Assets chief executive Mr Paiboon Nalintarangkun stated at the ‘Stock Market Outlook after the Inauguration of Donald Trump as US President’ seminar that the core of Mr Trump’s economic stimulus packages centers on jump-starting basic economic infrastructures and lowering corporate taxes from 35% to 15%.

 

The tax reduction will directly contribute to increased private sector investments and should help drive the US economy, he said.

 

This in turn will allow the global economic situation to improve which will consequently result in a windfall for Thailand, he said.

 

Full story: http://englishnews.thaipbs.or.th/thailand-expects-windfall-trumps-policies/

 

-- © Copyright Thai PBS 2017-01-25

[1Gringo]

pie in the sky thinking.

 

nothing that moron is going to propose is going to help the little guy in the least.

[yellowboat]

35% business tax is high.  Benefits outside of the US remain to be seen. 

[Brer Fox]

The spin doctors hard at it again to try and convince everybody including themselves that the economy is and will be hunky dory. Windbags talking about windfalls seems appropriate.. 

Only three days ago the military economic experts were hitting the panic button with Deputy PM Somkid calling a meeting of Thai trade representatives from 47 countries worldwide. These vacuous muppets wouldn't have a clue what's going on. 

[JAG]

Trouble is, even if they do get a windfall, they've spent it already.
New frigates, submarines, tanks, high speed railways.....

[Jeffrey346]

Wait till Trump finds out what Thailand's import charges are.. Especially on autos imported from the USA.

[rkidlad]

If the governments ([past and present) of Thailand have taught me anything, it's that words here are so often just meaningless. When you have a culture of no criticizing or asking too many questions, you really don't have to think about or worry about the words you splurt out. 

 

Where as we mock it, most Thais simply ignore it. 

[Puwa]

Thailand is always expecting a windfall.

[Kinnock]

Just now, Puwa said:

Thailand is always expecting a windfall.

No other choice if you can't climb the tree.

[vincent13]

If interest rates rise in the US as widely expected it is likely to hurt developing economies, including Thailand.

[Lingba]

HA HA HA HA HA

[lungmi]

Balance of Trade. Trump's policies are beyond any logique, mathematics and ethics. (http://www.spiegel.de/wirtschaft/soziales/donald-trump-so-abhaengig-ist-die-us-wirtschaft-von-der-welt-a-1131514.html

 

[Emster23]

Windfall like that poor Italian 91 year old got the other day in Jomtien

[Vegetablebottom]

2 hours ago, 1Gringo said:

pie in the sky thinking.

 

nothing that moron is going to propose is going to help the little guy in the least.

The "moron" has done pretty well for himself hasn't he?

[Vegetablebottom]

5 minutes ago, lungmi said:

Balance of Trade. Trump's policies are beyond any logique, mathematics and ethics. (http://www.spiegel.de/wirtschaft/soziales/donald-trump-so-abhaengig-ist-die-us-wirtschaft-von-der-welt-a-1131514.html

 

These graphics have no bearing on Trump. He's only been prez 4 days.

[Eligius]

1 hour ago, rkidlad said:

If the governments ([past and present) of Thailand have taught me anything, it's that words here are so often just meaningless. When you have a culture of no criticizing or asking too many questions, you really don't have to think about or worry about the words you splurt out. 

 

Where as we mock it, most Thais simply ignore it. 

Very, very true - one of the best statements I have ever read on Thaivisa. 

Yes, words here are totally meaningless. They have no bearing on, or relation to, reality whatsoever.

One sees this all over the place here. Empty phrases and claims, in all sectors of Thai society, while the reality is the diametrical opposite of what is pretended.

[Ulic]

No bad news for Thailand. Tourism will go up 8% exports to grow by 5%.

No matter what happens, all will be good.

[Srikcir]

5 hours ago, webfact said:

lowering corporate taxes from 35% to 15%

These are tax RATES before application of carryforward losses and credits, business deductions, credits and income exclusions. The average EFFECTIVE  federal tax rate paid by corporations is an average 7%. Cutting the tax rate may not produce significant corporate savings, especially if tax havens are still allowed that reduces taxable income to zero.

[selftaopath]

So does Trump, his family, and defenders.

[thisisnotmyrealname]

Total nonsense.

[bangon04]

Mr Trump is sitting in the Oval Office right now, looking at his list of priorities, and frowning to himself - how can I make Thailand feel special and improve the lives of the ruling elite there.....

[Jingthing]

I predict a spike in mostly middle level or somewhat lower wealth American medical care refugees to Thailand, especially those aged 50 through 64. Many will go on retirement visa and set up households here. It's something anyway (for Thailand). 

[choff56]

6 hours ago, Jeffrey346 said:

Wait till Trump finds out what Thailand's import charges are.. Especially on autos imported from the USA.

Find out? I'm sending the tweet right now.

 

[HaleySabai]

And why does Thailand even deserve a "windfall" ? 

The premise behind Trump's campaign vision is to 'Make America Great Again'. This will have to involve serious budget cuts to EVERYTHING, especially foreign aid. I say that's a good thing.

[HaleySabai]

5 hours ago, Vegetablebottom said:

The "moron" has done pretty well for himself hasn't he?

Yup, much better than you...but of course,you are only a "vegetablebottom"

[chilli42]

Mr Paiboon clearly is a deep and insightful thinker.  Though on this occasion he seems to be spouting the same nonsense as everyone else who watches CNBC.  Just take infrastructure investment as one case in point ... it is not even remotely conceivable that spending on any new infrastructure project can happen during 2017.  What will a high US dollar do to US Corporate profits, does anyone believe that corporate tax cuts will be retroactive etc?

[elliss]

7 hours ago, Kinnock said:

No other choice if you can't climb the tree.

           LOS  loves   all  foreigener / aliens .   

             DT   ,  will not  fund  losers , aka  buisness .

[lvr181]

15 hours ago, Puwa said:

Thailand is always expecting a windfall.

And they get the "windfall" by way of public announcements, by windbags, on a regular basis (full of wind) just for the happiness of Thai peoples!

[ffaarraanngg]

15 hours ago, Jeffrey346 said:

Wait till Trump finds out what Thailand's import charges are.. Especially on autos imported from the USA.

Lets hope so, Asia has been robbing the west blind for 3 decades and our incompetent and corrupt leaders have encouraged it whilst profiting from it.

[ezrider62]

15 hours ago, Puwa said:

Thailand is always expecting a windfall.

It does seem that way, doesn't it?