[Noticed many low mileage cars, something is fishy.]

2 minutes ago, Liverpool Lou said:

Very unlikely that anyone would be allowed to do that with a private sale or a tent sale.

They don't allow you to take to a dealer to inspect.  Don't buy

[Noticed many low mileage cars, something is fishy.]

Just now, Liverpool Lou said:

Why is that "most likely"?   Much more likely that a 20/21 will have genuine low miles.  When and where were the floods that you refer to last year and this year?

It is most likely because if it is a 20/21 model it means it just was purchased which raises the question of why someone would buy it and then with only a few kilometers want to sell it.  

You see lots of cars on Facebook typically with Russian sellers.  I see the same people on FB selling cars each and every month.  Different cars but same seller.  They are buying distressed vehicles, repairing them, and then trying to quickly resell.  Often they have not changed the book on the car and it remains in the original purchasers name with papers supposedly authorizing the transfer.  

[Food costs - Thailand vs the West]

Food is significantly more expensive here in Thailand than in the USA.  There are always exceptions like locally grown fruit.  However things like apples, pears, grapes, oranges, etc are much more expensive.  Any dairy item is hugely more expensive.  I suspect that has to do with the USA being the producer of the vast majority of its meat, produce, dairy products etc.  


Things that are low cost in Thailand include any labor cost. Taxi rides, lawn mowing, electrician etc.  

[Measures in 10 most strictly controlled provinces to be further escalated]

 

All motorcycle riders will be required to be outfitted with oxygen face masks. Oxygen cylinders can be refilled at any Tesco Lotus, Big C or Makro location ????

 

 

[Compromised Bangkok Bank Be 1st Debit card]

1 hour ago, thonglorjimmy said:

I called Bangkok Bank yesterday and after going through a miriad of security questions she recorded my complaint and asked me if I wanted to suspend the card, which she did and confirmed so, she advised that it would be sent to the appropriate department, who would be in touch.

It sounds to me that either Bangkok Bank was hacked or that someone using a random number generator somehow created your number.   The bank will  be able to determine if it was a card presented or internet based transaction.  If it was a card presented transaction someone with the skill to take the information and encode it on a card is involved and that would likely be from someone who hacked into Bangkok Bank.  There are card "skimmers"  If you go to a restaurant, bar, dept. store etc and use the card, accomplishes run your card through a reader that captures all of the information and they then use that to create a cloned card or to do internet purchases.  The fact that the product or service was going to a different person and/or address than yours should serve as proof it was not you.  That being said, it is up to the bank to determine it to be fraudulent and reimburse you. 

[Noticed many low mileage cars, something is fishy.]

The ones that are fishy are the very recent models 2020/2021 with very very low miles.  Most likely they are damaged cars that have been repaired or flood vehicles.  One way or another, you can take a car to the dealer and they can plug in to their diagnostic equipment and it will report the mileage from the computer chip inside the car.  That can't be turned back. 

[Beware of the Lazada Sellers Advertising of Products.]

2 hours ago, sanuk711 said:

A lot of the stuff doesn't come from Lazada, but direct from where its sourced. I have found Lazada quite good.

Shopee ....I havent used much---

None of it comes from Shopee or Lazada.  They are just an online shopping venue.  You have merchants from all over who list their products on Shopee or Lazada.   These two sites are nothing more than a menu where people shop and the products are shipped from the merchant to the customer.  There "may" be some products that are warehoused but the advertisements are done by those selling products.  You could sell something new or used on Lazada or Shopee.  They just get a percentage for facilitating the sale. 

 

[Roads torn up throughout Pattaya - Do they ever repair them?]

I have now been in Pattaya for 2 years.  During that time, I have seen numerous roads including major ones like Sukhumit ripped up.  Huge ditches marked with only a few security cones that if you accidently drove into you likely would face serious injury or death.  Particulaly that would be true if the person was on a motorcycle.  What is the story?  They seem to be very active with ripping the streets apart but then they remain in that torn up condition it seems like indefinitely. 

[Measures in 10 most strictly controlled provinces to be further escalated]

9 hours ago, webfact said:

Thai Prime Minister states further Covid-19 restrictions and controls coming, says it is necessary

How about some vaccines coming. 

[Beware of the Lazada Sellers Advertising of Products.]

I had that once on Shopee where I ordered two pair of scissors and only one arrived.  I immediately notified the shop and Shopee.  I was required to return the one pair I received.  I then reordered and got the two pair.  

You do have to be careful on Shopee and Lazada.  Often they will have pictures showing large or numerous items.  But upon reading you find that the size is small or that the order is for 1 item. 

[Pfizer, BioNTech deny talks with Thai Thonburi Healthcare on vaccines]

1 hour ago, Dogmatix said:

THG share price up another 2.4%

I can see how "if" the Thonburi group gets Moderna and is able to sell it, that they will accrue a one time increase in revenue and profits.  However, unless the investors believe that this will be an ongoing source of future revenue the increase in share price is just emotional and not based on a multiple of future earnings.  If the Moderna is only a one time event, following the vaccinations the revenue and profitability of the group would go back to what it was without the Moderna.  

[What happens to the minority shareholders in a company when a company is dissolved and the home sold?]

1 hour ago, Yellowtail said:

You have to answer my question first. Again, if a corporation has no real value at the time of liquidation, what do the shareholder have coming to them?

 

This should be an easy question for you

If a company has zero value or even negative value shareholders all of them get nothing.  However this is a bogus question.  My OP stated specifically that it dealt with the dissolvement of a Thai company and the sale of the home.  It is impossible, I repeat impossible for that company to have no value.  It is incredulous that you could even run a shoe shine business with no understanding of a balance sheet.  The home is an asset, if sold, it is replaced by the cash.  The value of the company only goes to zero after all of the assets are distributed.  These companies are not engaged in a business activity that generates losses.   The business entity is just a shell that is allowed to have the Chanote put in its name.  

Now with that, tell me exactly how when you open a company here in Thailand with the specific purpose of purchasing a home, and you put in 5 million baht and the company buys a home for 5 million baht, that whether 1 year or 10 years or 100 years that home and its land have No Value.  

[Thailand’s continued efforts to bring in vaccines]

I see lots of announcements about various parts of the government being "instructed" to order vaccines.  I see precious few about contracts with established delivery dates being actually signed and fewer yet about vaccines actually arriving.  Trust Me - The Check Is In The Mail. 

[Twenty percent of donated Pfizer vaccines from US must go to foreigners living in Thailand, says CCSA general]

On 7/6/2021 at 8:27 AM, scubascuba3 said:

We need an audit afterwards to ensure foreigners did get 20%

No audit required.  All applications will be using the same strict application procedures used for mail in voting ballots in the USA. 

[Stuck in Sandbox quarantine: A tourist offers a list of suggestions]

9 hours ago, RichardColeman said:

Looking at her suggestions they fail to me to address the real elephant in the room of 50 odd grand for a 2nd hotel after paying for one and even then after two negative tests

You have people coming to Thailand that 1. were tested for Covid prior to departure 2. Had vaccine shots to prevent the spread of the virus 3. were tested once they arrived in Thailand.  And those are the people to be worried about?

How about the the threat the Thai people present to her and the others since they have neither been tested or vaccinated.  Yes some in Phuket have but since they have not been quarantined and likely vaccinated with something other than a mRNA vaccine, they are more of a threat to her than she is to them. 

[Thai Cabinet approves Space Affairs Act, promoting “New Space Economy” and space exploration in Thailand]

To Boldly Go Where No Man Has Gone Before

 

 

[PM calls for confidence in vaccines provided to citizens]

And which vaccine did the PM chose for himself and family? 

[30% of arrivals denied entry to Phuket on Day 1 of new requirements]

5 minutes ago, webfact said:

PHUKET: About 30% of people arriving to enter Phuket by road yesterday (July 15) were refused entry for failing to satisfy the new entry requirements for those coming from the 34 ‘red’ and ‘dark-red’ COVID high-risk provinces, according to local officials.

Well that news should certainly spur domestic tourism. 

[EU restricts travel from Thailand]

2 hours ago, webfact said:

The European Union member states have agreed to restrict travel from Thailand.

Does anyone know how that impacts people from the EU who are currently residing or visiting Thailand?  Are they stuck here? 

[1.5 million more Thais fell into poverty in 2020, over 5 million now living under the poverty line]

5 hours ago, ThailandRyan said:

Not hard to see this coming with the decimation of tourism, which they claimed was only a small percent of the GDP.

You are correct.  The actual amount spent by tourists may only have been a fraction of GDP but that money is like water priming a pump.  The hotels, restaurants, servers, attractions, boat operators anyone who makes a portion of their money from tourists spends it.  They spend it on food, clothing, utilities, cars, gas, hardware, etc.  Without those tourist dollars the GDP for spending throughout most areas of the economy will likewise decrease.  It is called the multiplier effect.  While car dealers here in Thailand are not tourist related, car sales will go down.  The employees not working in the tourist trade will not have the money to buy a car, taxi drivers will not need to replace their car etc. 

 

[U.S. Donated Pfizer Vaccine to Thailand - Anyone know any specifics on delivery and distribution?]

5 minutes ago, internationalism said:

to thailand only 1.5mln pfizer.

Yep, the headline read 80 million donated but later it said 1.5 million to Thailand.  I know it is a long distance from the USA to Thailand but "if" the vaccines are available for distribution in the USA taking months seems to be a long delay. 

[travel pattaya ---bkk]

On 7/15/2021 at 11:16 AM, Guderian said:

OK, so that's two people who, like myself, haven't heard of any need to apply for an official travel permit. I've sent a message to Phyathai2 and asked them to e-mail me an official appointment.

I am in the same situation.  I have appointment next Friday.  I "think" that going to get the vaccine would be considered essential but who knows.  I sure don't want to be on my way to or back and find that I am being stopped, particularly from re-entering back to Pattaya

[U.S. Donated Pfizer Vaccine to Thailand - Anyone know any specifics on delivery and distribution?]

The U.S.A. announced it was donating 80 million doses of vaccine to Thailand with the provision that 20% of them going to non=Thai's.  I don't know if they specifically earmarked those for U.S. citizens living in Thailand or for all expatriates.  Though there was the announcement of the donation, I have seen nothing regarding the anticipated arrival of the vaccine nor how it is expected the vaccine to be distributed and a sign up.  Has anyone seen any follow up that provides further information?

[What happens to the minority shareholders in a company when a company is dissolved and the home sold?]

12 hours ago, Yellowtail said:

And still, you are unwilling or unable to answer a simple question. If a corporation has no real value at the time of liquidation, what do the shareholder have coming to them?

 

The company does not have to have any assets to be viable. 

Ok I thought this would be a challenge given your previous nonsensical posts. 

You tell me, how if I form a company to purchase a home, and the home is an asset of the company how in earth could the company have "no value"  Hint:  company book value is the balance sheet.  The balance sheet would show the home as "an asset"  Now the value of the home may have gone down.  But it would not be as you somehow think would have "no real value"  What you describe is Impossible. 

Second, the foreign stockholder places money into the corporate account and uses it to purchase a home.  The home is an asset.  If the home is sold, the money flow reverses and the home is taken off the balance sheet and is replaced by the cash going into the corporate bank account.  With these Thai companies it would be impossible for it to have zero or negative book value. 

Third,  Every business must "if legal" have a legitimate business purpose. 

If the company has no assets, and is not engaged in any activity that could be construed as a legitimate business purpose it would no longer be legally eligible to remain a business entity in Thailand and if done "legally" would have to be dissolved. 

 

[Employers in Thailand must pay 50,000 baht towards funeral if staff member dies]

On 7/14/2021 at 1:03 PM, webfact said:

Henceforth employers will be obliged to pay 50,000 baht towards funeral expenses of employees who die while employed by them.

Meet the new "employees"  You see this happening in the USA as it imposes more costs on employers such an unemployment, workers compensation, health care etc.  The more expensive you make it to have an employee, the greater the incentive to eliminate the employee.