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A Singaporean's guide to living in Thailand

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
how come i long time no come into here... now i cannot see all the pics???


Take off your stupid sunglasses

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Jah_rastafar_I

Alfrescian (Inf)
Asset
Animals at the floating market,

Park

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kanchanaburi war memorial

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Next on the tiger temple

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Overlooking the tiger canyon where you can pet the tigers and they take your picture with the tigers

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Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
Great pics Jah

looks like a long trip for you and seems you're really enjoying yourself.
 

yinyang

Alfrescian (Inf)
Asset
No surprise on July's lousy business sentiments (7 straight months?)

Industry sentiment falls again in July

The Nation August 26, 2015 1:00 am

The Thai Industries Sentiment Index (TISI) fell for the seventh straight month in July amid the economic slowdown, according to the Federation of Thai Industries (FTI).

The government should accelerate disbursements for investment projects and increase the capacity of small and medium-sized enterprises, Supan Mongkolsuthee, president of the FTI, said yesterday.

The index in July dropped to 83.0 from 84.0 a month earlier, both well below the 100-point baseline. The risks to the confidence index remained the economic slowdown, domestic consumption weakening and export shrinkage.

Thailand's exports have confronted contractions from the slowing economic recoveries of its major trading partners. Its exports of fishery products could also be affected in the long term, as the United States has kept Thailand in Tier 3 of its "Trafficking in Persons" report despite the Thai government's insistence that it has been trying to solve this problem.

Both public and private agencies have cut their estimates for Thai economic expansion and export growth for the latter half of 2015. The businesses surveyed by the FTI viewed the current economic slowdown as an opportunity for improvement of production efficiency and product development as a way to increase competitiveness and cope with a future recovery.

The July TISI survey covered 1,202 businesses in 43 groups of the FTI.

The sub-index on three-month expectations rose to 101.2 in July from 99.0 in the previous month.

The businesses surveyed were more concerned about the global economy and domestic political developments and less about foreign-exchange rates, oil prices and interest rates.

According to the survey, operators want the government to accelerate disbursement of the investment budget and proceed with its projects to prop up the economy, along with tax measures for more private spending.

SMEs should also be promoted for product development and improvement of production efficiency.

Whole trade negotiations with high-potential countries should also be done for market expansion and to lower trade barriers. Another survey conducted by the FTI and Nida Poll on SMEs found that most of them wanted the government to speed up solving the country's economic problems, particularly the high cost of living and low prices of agricultural products, and to stimulate tourism. Skill training and technological and knowledge development should also be promoted.

Surapong Paisitpattanapong, spokesman of the FTI's Automotive Industry Club, said July's vehicle production rose 9.6 per cent year on year to 165,863 units thanks to more production of new pickup-truck models and eco-cars for export.

From January to July, automobile production slipped 0.21 per cent to 1.10 million units from the same period of last year. Production of passenger cars in July climbed 10.81 per cent year on year to 65,005 units on a 19.19-per-cent jump in exports.

In the first seven months of this year, passenger-car production edged up 7.32 per cent to 461,729 units, equivalent to 41.93 per cent of total vehicle production.

Production of 1-tonne pickups went up 8.42 per cent year on year to 98,545 units in July and rose 5.88 per cent to 623,181 units or 56.6 per cent of total auto production in the first seven months of this year.

July's auto production for exports increased 6.58 per cent year on year to 100,843 units or 60.8 per cent of total production in the month. Its seven-month production for exports inched up 4.42 per cent to 683,449 units or 62.07 per cent of total auto production.

However, domestic car sales in July dropped 12.5 per cent year on year to 60,863 units.
 

yinyang

Alfrescian (Inf)
Asset
FOREX
BOT could shift to forex-rate policy: CIMB

Sucheera Pinijparakarn. The Nation August 26, 2015 1:00 am

Businesses and investors have been advised to prepare for a new context of monetary policy, as the Bank of Thailand might use the foreign-exchange rate to fuel the economy instead of interest rates.

This means that the central bank is unlikely to lower interest rates further while inflation is not a major issue but the export slump is, said Amonthep Chawla, head of research at CIMB Thai Bank.

After China devalued its currency recently, a number of countries followed suit to keep their exports competitive, and CIMBT expects Singapore to be the next to join this trend.

Meanwhile Thailand is not seeing its economy improve even though the BOT lowered its policy interest rate twice in the first half of this year.

Amonthep said that as a result, the central bank could also shift from adjusting interest rates to adopting an exchange-rate policy.

He said doing so could help Thailand escape the middle-income trap, the liquidity trap, the confidence trap and the demography trap.

Pointing to the liquidity trap, he noted that the lowering of interest rates in the first half failed to enhance the demand for loans among businesses or consumers. Therefore, lending did not serve as a trigger for economic growth.

He said businesses should use this time to reduce imports and obtain their raw materials here in Thailand instead.

Using local content would stimulate local employment and investment, thus boosting the overall demand for goods as well as services.

Meanwhile, the government should consider waiving duties on imported machinery and support research and development. Otherwise, exporters will not focus on adding value to their products while enjoying the effects of a weaker baht, which could become another trap for Thailand in the future, the economist warned.

Currency war

CIMBT has revised this year's exchange-rate target from Bt34 against the US dollar to Bt37, but the baht could weaken to 40 if the currency war led by China has a severe influence on Thailand's trading partners.

He said the baht was likely to appreciate again next month if the US Federal Reserve postpones increasing its policy interest rate, as capital would flow back into Thailand.

The bank has also lowered its economic-growth forecast for this year to 2.5 per cent from 3.3 per cent.
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
Great pics Jah

looks like a long trip for you and seems you're really enjoying yourself.

Thanks froggy. New places to see but kanchanaburi has so many sights to see it's impossible to take in all the sights in a day. The saf camp is also located in this province at sai yok
 

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
Thanks froggy. New places to see but kanchanaburi has so many sights to see it's impossible to take in all the sights in a day. The saf camp is also located in this province at sai yok
Many nice golf courses there too. Yes SaiYok was there in '87 Ex Croc
 

NanoSpeed

Alfrescian
Loyal
What was the CNX and Lanna excursion like? :p

Well, I wasn't that adventurous. I made my way to Doi Suthep, nevertheless. It was at Doi Suthep where a bird decided to shit on my head when I was standing outside the Wat admiring the statues.

Central Festival @ CNX looks exactly like the one in Pattaya. Nothing spectacular. I was pretty shocked with the state of Central Airport Plaza. And Kad Suan Kaew was almost haunted.

The Walking Street at Rachadamoen Avenue was packed like sardine, almost impossible to walk.

I am beginning to like Pattaya more and more.
 

johnny333

Alfrescian (Inf)
Asset
....I am beginning to like Pattaya more and more.


I was surprised that there were so few Russian & angmo tourists in Pattaya. Mostly asian visitors. It is actually quite nice without such large crowds.

On this visit I saw mostly Hongkies, Japanese, Malaysian,... visitors.
 

dredd

Alfrescian
Loyal
I was surprised that there were so few Russian & angmo tourists in Pattaya. Mostly asian visitors. It is actually quite nice without such large crowds.

On this visit I saw mostly Hongkies, Japanese, Malaysian,... visitors.

For a more relaxed environs without the hordes of farangs, try Bang Saen. This is the place where Thais come to relax...
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
Visited the bridge over river kwai on the same day as the tiger temple visit. It was full of people both tourists and thai

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Guan yin temple at the river side

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restaurant

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River, turns out you can actually get on boats to ride the river and it's part of the tour of the area but i didn't get to do it

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Asleep

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towards the end of the bridge

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You see these small shops selling trinkets at the bottom of the bridge at both sides

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A few scenic shots of the bridge

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