Search found 105 matches

by Twixies
January 31, 2019, 8:50 pm
Forum: Thailand Visa & Immigration Information
Topic: Thai immigration is considering forcing some retirees to show a bank statement with 800,000 baht balance every three mon
Replies: 7
Views: 2441

Re: Thai immigration is considering forcing some retirees to show a bank statement with 800,000 baht balance every three

UPDATE: Confirmed in police order No. 35/2561 obtained by ******, foreigners who apply for a retirement extension using the 800k baht in the bank or the combination of income method now need to keep 800k baht in the bank for three months after the extension and 400k baht in the bank after that. Fore...
by Twixies
January 17, 2019, 12:32 pm
Forum: General Udon Thani Forum
Topic: Baht Strengthening Again
Replies: 16
Views: 2639

Re: Baht Strengthening Again

I hope someone can give me a clear economic reason why the Baht is heading downward again. It takes a longer time to depreciate then appreciate, at least that is the way I see it. It is so frustrating because it mostly happens at the beginning and end of the month when funds are transferred into my...
by Twixies
January 17, 2019, 12:20 pm
Forum: General Udon Thani Forum
Topic: Baht Strengthening Again
Replies: 16
Views: 2639

Re: Baht Strengthening Again

The US Dollar is in the gutter One reason is to make their products cheaper than their competitors therefore more US jobs I am not an economist nor do I want to be, if they were right all the time they would be the Billionares and they are not, therefore I take their leads with a pinch of salt I kn...
by Twixies
December 29, 2018, 1:05 pm
Forum: Money, Finance & Investing
Topic: Is the Thai Baht manupilated
Replies: 3
Views: 1733

Re: Is the Thai Baht manupilated

As always JimboPSM. Thank you so much for the explanation :D But if true with 25% overvalued, how comes the current account with over $200 bill to be true. Dont they have to use of all this billions to support it. I do know back in 1997 the was publishing a current account so big and when IMF wants ...
by Twixies
December 28, 2018, 6:19 pm
Forum: Money, Finance & Investing
Topic: Is the Thai Baht manupilated
Replies: 3
Views: 1733

Is the Thai Baht manupilated

JimboPSM
As a specialist in economy. What happen today??????

Seen it so many times every time Thailand is going to show data

Look at this picture today, when all the figures went out(Export/Import and so on)
28-12-2018.png
by Twixies
October 19, 2018, 5:11 pm
Forum: Money, Finance & Investing
Topic: The sick man of Southeast Asia
Replies: 16
Views: 3214

The sick man of Southeast Asia

Amasing Thailand keep doing well, even the stock marked has a big selloff =D> Risks are rising for the sick man of Southeast Asia. Thailand has held up well during global market ructions that have battered its neighbours. Yet there are few reasons to cheer an ossifying $460 billion economy. With an ...
by Twixies
May 8, 2018, 9:18 pm
Forum: Money, Finance & Investing
Topic: Where is the Baht headed?
Replies: 18
Views: 5247

Re: Where is the Baht headed?

I dont know if jimboPSM follow this tread anymore, but today there is a very good article about the manipulation of the currency. What i dont understand is why the Bank of Thailand is loosing money on the manipulation and i hope someone can explain it to me :) The Bank of Thailand has attempted to a...
by Twixies
December 16, 2017, 6:12 pm
Forum: Money, Finance & Investing
Topic: USD prognosis post new tax cuts - poor
Replies: 46
Views: 14118

Re: USD prognosis post new tax cuts - poor

As you are a optimist and its very good to be but but but, it seems like the dollar is going to fall even more, and Asia is going to be the new hotpot for investment. Bloomberg predict Euro 1.30 to a USD in the first months of 2018. https://www.bloomberg.com/news/articles/2017-12-12/after-stunning-r...
by Twixies
December 7, 2017, 8:18 pm
Forum: Money, Finance & Investing
Topic: USD prognosis post new tax cuts - poor
Replies: 46
Views: 14118

Re: USD prognosis post new tax cuts - poor

I always enjoying reading JimboPSM's economic analysis's. Good explanation, and always good facts. JimboPSM Do you have any explanation why the Thai Baht just getting stronger against all currencies. In my view of point, im about to leave Thailand after 7 years here. Everything is getting more and m...
by Twixies
July 26, 2017, 6:09 am
Forum: Money, Finance & Investing
Topic: Performance of GBP, EUR, USD & THB against each other since 2001
Replies: 25
Views: 5686

Re: Performance of GBP, EUR, USD & THB against each other since 2001

Once again The powerful baht The baht has gained about 7% year-to-date against the US dollar , trailing only South Korea's won, which is up 8% in the period, according to data provided by the central bank. Im out of words, but seems like the hole world just wants the Baht as security [-o< http://www...
by Twixies
July 14, 2017, 7:06 am
Forum: Money, Finance & Investing
Topic: Performance of GBP, EUR, USD & THB against each other since 2001
Replies: 25
Views: 5686

Re: Performance of GBP, EUR, USD & THB against each other since 2001

JimboPSM please read this. So the bath is very strong somehow

How can this be
BoT 'suppressed baht' to bolster exports: KBank
http://www.bangkokpost.com/news/politic ... orts-kbank
by Twixies
March 11, 2017, 2:17 pm
Forum: Money, Finance & Investing
Topic: Baht What up with Dat?????
Replies: 4613
Views: 499492

Re: Baht What up with Dat?????

Interesting (distressing, too!) numbers for Thai GDP (World Bank) I do Agree. Dont look good. There must be a reason why investors take money out on the stock marked and Hot money in the bond it on the way out to. In bangkok post today we can read that Mr Somkid that not all is good with private in...
by Twixies
February 7, 2017, 12:12 pm
Forum: Money, Finance & Investing
Topic: Baht What up with Dat?????
Replies: 4613
Views: 499492

Re: Baht What up with Dat?????

JimboPSM. As always i like reading you post's about the economy here in Thailand.Thanks for the explanation of the exchange rate, because it seems like out of range with other currencies value. :)
by Twixies
February 7, 2017, 7:05 am
Forum: Money, Finance & Investing
Topic: Baht What up with Dat?????
Replies: 4613
Views: 499492

Re: Baht What up with Dat?????

I don't know if JimboPSM is still following this thread.......maybe he has some thoughts on the news at the link below http://www.bangkokpost.com/business/news/1193797/minister-defends-b421bn-drop-in-treasury-reserves I hope he does, will love to hear a investor view and thoughts of this. Today's D...
by Twixies
January 10, 2017, 8:14 pm
Forum: General Udon Thani Forum
Topic: Udon Immigration
Replies: 570
Views: 76696

Re: Udon Immigration

What a bunch of Cheap Charlies we have on here… People who openly admit to tipping an insignificant bar girl but refuse to give a small token gesture to a person who could very easily cause problems for you if they wish to… I like to walk down easy street when at all possible… Don’t beat yourselves...
by Twixies
November 26, 2016, 4:56 pm
Forum: Thailand Visa & Immigration Information
Topic: BREAKING: Govt approves 10 year visas for foreigners over 50
Replies: 65
Views: 15312

Re: BREAKING: Govt approves 10 year visas for foreigners over 50

Charlieb wrote:I see where the price is 10,000 Baht. I wonder if that is a single or multi-entry visa? If single how much would the multi-entry cost?
It is a multi :)
by Twixies
November 25, 2016, 6:41 pm
Forum: Thailand Visa & Immigration Information
Topic: BREAKING: Govt approves 10 year visas for foreigners over 50
Replies: 65
Views: 15312

Re: BREAKING: Govt approves 10 year visas for foreigners over 50

1. December will be the day for implantation Properly have been answered before. But has they being talking about the 1 year extension, like the most of us get down here Non 0 + 1 Year extension as many call retirement visa. I was thinking about the old 2* 60 days TV suddenly become 1 Time only (60+...

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