Showing 1-10 of 17 results
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Anti-money laundering blacklist spells trouble
Jon Fernquest, Published on 22/05/2012
» With Thailand thrown on an international financial blacklist, difficulties sending money places, opening bank accounts & higher interest rates all likely.
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Rice policy mainly benefits rich people
Jon Fernquest, Published on 08/08/2012
» Poor farmers get 5% of govt rice program money, merchants & millers get 63%.
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Rice industry corruption
Jon Fernquest, Published on 02/05/2012
» With dealings between millers, exporters & government invisible to public, rice industry corruption seems likely but also impossible to prove.
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Govt rice losses: 130 billion baht, not 34 bil
Jon Fernquest, Published on 17/06/2013
» Low estimate didn't include market value of unsold rice in storage. Rice is perishable & falls in value so market value is real value (mark-to-market).
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Labour day promises
Terry Fredrickson, Published on 02/05/2012
» At the big Labour Day gathering at Sanam Luang the PM and Deputy PM promised to fully implement the minimum wage policy and tackle the cost of living, but labour leaders asked for more.
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Cut oil tax, reduce inflation?
Jon Fernquest, Published on 31/08/2011
» No plans to lower prices at major companies. Global oil prices volatile with tendency to rise further. Oil only one factor among many.
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Government control over central bank?
Jon Fernquest, Published on 20/02/2013
» Will long-term inflation control goals of central bank bow to govt belief that cutting rates will help weaken baht & exports?
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Rice policy: Govt spending black hole?
Jon Fernquest, Published on 05/09/2011
» Will consumers pay for huge rice price subsidies, far above market prices? Will ignoring the market lead to a vicious cycle of government spending?
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Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
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Stock exchange: Punishing share price manipulators
Jon Fernquest, Published on 23/04/2013
» Criminal laws exist but not enforced so first step: quick fines & warning to protect public, then criminal penalties for repeat offenders.
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