siampolee
Detective
Alive alive O
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Post by siampolee on May 14, 2024 17:31:02 GMT 7
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chiangmai
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Post by chiangmai on May 16, 2024 4:15:25 GMT 7
The power of a single CPI reading:
CPI came in cold, it means the Fed medicine is working and US inflation is falling, instantly, look what happened:
The YEN strengthened over 1%
Equities took off
Bond yields fell
Long Bond values surged, AND, critically,
USD fell in value
Markets are now ramping up bets that the Fed will cut rates sooner rather than later, there's still some way to go but this is a good start.
All of which means, the Baht will strengthen
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Mosha
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Post by Mosha on May 23, 2024 10:54:34 GMT 7
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chiangmai
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Post by chiangmai on May 23, 2024 17:50:09 GMT 7
Smaller current account surpluses results from tourism and exports coming in under par.
Reduced FDI results from the US Fed rate and the prospect of greater government debt.
Same picture, different day.
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Mosha
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Post by Mosha on May 24, 2024 9:19:11 GMT 7
While flights are relatively expensive, tourist numbers will be lower than Thailand saw pre Covid
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Mosha
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Post by Mosha on May 24, 2024 9:19:11 GMT 7
While flights are relatively expensive, tourist numbers will be lower than Thailand saw pre Covid
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Mosha
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Post by Mosha on May 24, 2024 9:19:11 GMT 7
While flights are relatively expensive, tourist numbers will be lower than Thailand saw pre Covid
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rubl
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Post by rubl on May 24, 2024 10:33:58 GMT 7
Although maybe less tourists, what with the higher quality tourists we are aiming for, we can of course raise prices locally to make up for the possible income loss.  |
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chiangmai
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Post by chiangmai on May 24, 2024 16:22:35 GMT 7
Some are speculating that the Singapore Airlines event will deter some from flying and that will hurt tourism.
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rubl
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The wondering type
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Post by rubl on May 24, 2024 17:44:30 GMT 7
Some are speculating that the Singapore Airlines event will deter some from flying and that will hurt tourism. Ah but Singapore Airlines only uses those reliable Boeing airplanes, not some cheap air busses.  |
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siampolee
Detective
Alive alive O
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Post by siampolee on May 24, 2024 18:15:26 GMT 7
Wind bagging Srettha brain farts again. Free trade deals should be a 'top priority' for Asia: Thai PM Srettha TOKYO -- To boost investment in Asia, "FTA negotiations should be a top priority," Thai Prime Minister Srettha Thavisin said Friday, the second day of Nikkei's Future of Asia forum, as he continued his global push to attract capital to his country. Thailand has 15 FTAs with 19 countries, and negotiations on seven more are underway, including with the European Union, he said. He also touted the success of the Regional Comprehensive Economic Partnership -- the world's biggest free trade pact in terms of economic size -- which brings together ASEAN members and partners including Japan and China. asia.nikkei.com/Spotlight/The-Future-of-Asia/The-Future-of-Asia-2024/Free-trade-deals-should-be-a-top-priority-for-Asia-Thai-PM-Srettha |
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rott
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Post by rott on May 25, 2024 10:18:49 GMT 7
Some are speculating that the Singapore Airlines event will deter some from flying and that will hurt tourism. Well I know one who changed flying Phuket - BKK to coming on the bus. Just the thin end of the wedge if you ask me. We're doomed. |
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chiangmai
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Post by chiangmai on May 25, 2024 11:19:54 GMT 7
Some are speculating that the Singapore Airlines event will deter some from flying and that will hurt tourism. Well I know one who changed flying Phuket - BKK to coming on the bus. Just the thin end of the wedge if you ask me. We're doomed. Back in the good old days, when flying was still an adventure and before the masses got involved, flying from Bangor Maine to Prestwick was a long arduous journey made at 26,000 feet, the turbulence at that altitude was fearsome but was part of the thrill for many. It was on one such flight, that was the inaugural flight of a fledgling transatlantic charter airline, that stewardesses dressed the tables with linen table cloths and served the food on real china plates with stainless steel cutlery. It all went swimmingly and without mishap, despite the odd plunge of a dozen meters or more and constant shaking from side to side. And that was just me, the plane was pretty bumpy too! I would often wear my Biggles helmet and goggles which impressed the stews no end, so much so that I ended up marrying one of them, she just couldn't resist me......the bitch, she didn't need a plane, only her broomstick. |
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oldie
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Post by oldie on May 25, 2024 20:32:58 GMT 7
I tried to exchange my Sydney- Bangkok flight for a bus ticket, and the told me to eff off.
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rubl
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Post by rubl on May 25, 2024 20:41:23 GMT 7
Well I know one who changed flying Phuket - BKK to coming on the bus. Just the thin end of the wedge if you ask me. We're doomed. Back in the good old days, when flying was still an adventure and before the masses got involved, flying from Bangor Maine to Prestwick was a long arduous journey made at 26,000 feet, the turbulence at that altitude was fearsome but was part of the thrill for many. It was on one such flight, that was the inaugural flight of a fledgling transatlantic charter airline, that stewardesses dressed the tables with linen table cloths and served the food on real china plates with stainless steel cutlery. It all went swimmingly and without mishap, despite the odd plunge of a dozen meters or more and constant shaking from side to side. And that was just me, the plane was pretty bumpy too! I would often wear my Biggles helmet and goggles which impressed the stews no end, so much so that I ended up marrying one of them, she just couldn't resist me......the bitch, she didn't need a plane, only her broomstick. My first flight was in 1983 I think, already with 'safer' planes and less service. I found this from 1963 when the passenger was still treated very well indeed.  |
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