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snoop1130

Over 1,300 factories were up for sale or out of business in first 10 months of 2019

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Exporters are really suffering because of the strong Baht but aside from a belated rate cut nothing has been done. 

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11 hours ago, ivor bigun said:

A friend of my wifes works for a major car manufacturer here ,she is in quite a high position and is in sales ,traveling to many countrys ,they have many many many thousands of cars stored as nobody is buying them ,owing to the high baht . she says its very worrying ,also our son is in charge of a Thai company ,they are doing quite well ,but many companys on the estate are in great difficulty he was saying this weekend .

The flip-side being that this is very good for Thais buying things overseas.

I was first in Thailand in 1985 when it was dirt cheap, it just ain't any more. A much wealthier country, for one thing.

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