Jump to content

Good news for those having money in Thai banks


Recommended Posts

5 hours ago, Leaver said:

I agree, but the Thai economy will be hit hard by the virus.  Some suggest, it will be the hardest hit economy in Asia. 

 

I hope they have ordered a lot of ink and paper.   ????  

I am not sure why it would be the hardest hit...the Philippines and Indonesia are not doing well with the virus, and this will not help their reputation...

Link to comment
Share on other sites

20 minutes ago, Brunolem said:

I am not sure why it would be the hardest hit...the Philippines and Indonesia are not doing well with the virus, and this will not help their reputation...

Why?

Because of the 10 ASEAN countries Thailand is number one in tourism.

By far actually almost 40 million.  Number 2 is Malaysia with approx. 26 million.

The countries you mentioned are way behind.

So, pretty simple math it seems...

 

 

Edited by bkk6060
Link to comment
Share on other sites

34 minutes ago, bkk6060 said:

Why?

Because of the 10 ASEAN countries Thailand is number one in tourism.

By far actually almost 40 million.  Number 2 is Malaysia with approx. 26 million.

The countries you mentioned are way behind.

So, pretty simple math it seems...

 

 

So you mean that Thailand would be the hardest hit...when it comes to tourism...which is very likely.

 

In fact, Thailand is probably underestimating what is going to hit it...

 

The guys in Bangkok are there, pussyfooting around, like "shall we open in June or in July?" as if it was up to them to decide when to allow the hordes of tourists to enter.

 

Well, they could open today, and they wouldn't see anyone...and it will be the same in June, July, August...

 

  • Like 1
Link to comment
Share on other sites

On 5/12/2020 at 7:32 PM, Brunolem said:

I am not sure why it would be the hardest hit...the Philippines and Indonesia are not doing well with the virus, and this will not help their reputation...

https://www.telegraph.co.uk/business/2020/04/01/five-economies-coronavirus-will-hit-hardest-revealed/

 

https://www.thestar.com.my/news/regional/2020/04/19/thai-economy-worst-hit-in-six-decades

 

https://www.nationthailand.com/news/30386149?utm_source=bottom_relate&utm_medium=internal_referral

 

Just a few articles from the first page of Google.  

 

This is just the start for the Thai economy.  There will be bigger problems ahead.  

Link to comment
Share on other sites

40 minutes ago, Leaver said:

Of course, but it is going to be the same for all the countries...worse for some, like those depending on oil (Saudi Arabia...), or those with a socialist regime (US, EU...), and better for countries with a more independent, localized, economy...

 

But all in all we are in for 5 to 10 years of economic depression...

 

Link to comment
Share on other sites

9 hours ago, Brunolem said:

Of course, but it is going to be the same for all the countries...worse for some, like those depending on oil (Saudi Arabia...), or those with a socialist regime (US, EU...), and better for countries with a more independent, localized, economy...

 

But all in all we are in for 5 to 10 years of economic depression...

 

Yes, it will be worse for some, and Thailand will be one of the "some."  

Link to comment
Share on other sites

  • 2 months later...
  • 1 month later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.





×
×
  • Create New...