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- RonnyLatYa: Yes, I say that Kanchanaburi is just an example and that you can change that. You can also do this on the web page itself and then see
- william-korat: In the dry period the line is bottom of Bangkok and lower and east of that to just above Khao Yai National Park usually we
- Eric Kuypers: If you change the command line, such as https://www.iqair.com/thailand/nong-khai, you will get a different city or region. But you
- Cornelis: Well, GeertP, I am absolutely not a 'Brussels sprouts supporter' or THE Red Brand addict, but that does not mean that I don't like the Thai cuisine.
- Rudolf: It depends on what you are looking for in Thailand, but to be honest you don't have much choice in my opinion. The big cities are falling apart
- RonnyLatYa: Also take a look at this. https://www.iqair.com/thailand/kanchanaburi Also scroll down a bit and they will also give you some explanation
- Peter (editor): I also enjoy the Thai food and yes, the price is very attractive. But it's just a fact that Thai farmers are unbelievable
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- GeertP: Dear Ronald, I completely agree with your story, I also enjoy Thai cuisine every day and even after 45 years of Thai
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Home » Reader question » Reader question: How to proceed with Thailand after the corona crisis?
Dear readers,
I agree with the editors that the yes/no discussions about the corona disease do not make much sense. No one knows exactly what it is, not even the doctors.
What worries me is how Thailand will fare after these corona states. It may take months before tourism gets going again. And that is very important for Thailand. Then many Thai will remain unemployed and it is of course not as well arranged with benefits as in the Netherlands. Soon the government will run out of money and everyone will have to bite the bullet.
I worry about that. What do other readers think about that?
Regards,
Bernard (72 years old)
Ben, this is a problem that will not only affect Thailand; in Europe, the US and elsewhere have the exact same problem. In the Netherlands, too, it is feared that countless companies will go under and mass unemployment threatens. Although well-intentioned, the government's financial support package is nowhere near sufficient to save these companies. And the question is whether the benefits can handle the massive demand. The result is fear of mass poverty. The 30s are often brought up in the discussions.
Regards,
Richard.
Moderator: Please keep the discussion to Thailand.
In many places, small and large entrepreneurs will be in catastrophe, but... what is the point of filing for bankruptcy as a creditor? The furnishings will be virtually worthless, because... who buys something like this from the overwhelming supply, to start or expand from scratch in the same disaster market? And as a supplier… it is better to maintain a good relationship with what will again be a good customer in the future.
This crisis is not going to last that long, 6 months or so.
There are hardly any creditors for small and larger entrepreneurs. Most transactions are even done by prepayment. Most normal thing in Asia. It's not Europe here.
The major financial debt in Thailand lies with the common man. Borrowing and borrowing, but a strategy to be able to pay back?
It is not strange for companies to provide credit terms to well-paying customers over time. Hotels almost always ask for 30 days as standard, but there was a certainty that the money would always come.
With the (compulsory) closure, it is only a question for the suppliers whether you will get your money and therefore an extra downer. Up to 150.000 baht, there is hardly any point in going to court to claim your claim.
I wouldn't be surprised if prices go up at lightning speed to cover the risks.
Hi Harry
I think the rich get even richer, they have money and can buy everything for next to nothing.
And then rent it back or rent it again at extortionate prices.
I had a verbal agreement to sell my house in the Netherlands to a real estate dealer, but it fell through because he suddenly wanted a 20% discount because of the coronavirus.
This can also happen very easily in Thailand, the rich take advantage of this and become richer.
An estate agent in Phuket told me after the tsunami that he never sold so much for such good prices in his life.
Even junk he hadn't sold for years was sold for extortionate prices.
Anyone with money thought they could make a move.
That will happen again soon.
Think it will also become a bit less safe, people have to
food, drink and fixed costs.
Moderator: Unreadable due to misuse of punctuation marks (only commas). So not posted.
Of course, it depends on when Thailand opens its borders to tourists again and the catering industry opens again there. But many Europeans, including my wife and I, already have a plane ticket to go to Thailand (us in October). And hotels already booked. If there are no more travel restrictions, things will soon go in the right direction, although of course people will not make up for the income that they miss out on this month(s).
Well Ben I hope for you those hotels still exist by then. Already 30.000 hotels closed.
When I was in Thailand in February / March I already had this reservation. There were no Chinese, which I didn't mind so much, but you saw that the Thai suffered from the loss of income. I predicted they would go back 10 years if this dragged on. And now at the beginning of April it has just gotten even worse. I fear for the average Thai and the beautiful country. In any case, I will go back when I can and will try to do my limited part in the resurrection. Good luck and courage to all people in this difficult period.
If this problem continues for months, it will also become a problem for a large number of foreigners with a work permit.
If you are unemployed, you will have to apply for a different type of visa with a lot of hassle. If the company goes into sleep mode and the visa expires during that period, it will also be very exciting.
Are you sitting with your good behavior, wife, child and the rest and then suddenly it is gambled and lost…..and then get up again.
Just like for the Thais, it is a liquidity problem and the solution for the Thais should be sought there. Something like a 5000 benefit and a 2500 loan without too much hassle, no or limited school fees for incomes up to x amount for the next term, postponement of rent payments and that kind of first need happens.
It went so well with tourism in Thailand that I had to book my bungalow a year in advance on “my” island where I have been coming for 18 years.
The prices were also significantly increased during my last stay (Jan / Feb 2020), the rent of my bungalow by 300THB / day, some services and drinks by 50-60%.
Apparently people thought that the tourists would come and pay anyway, it couldn't go on.
I lost about € 2000 more than last year.
Many farang acquaintances complained about this and said they would consider looking for a cheaper destination next time, such as Vietnam or the Philippines.
And now the fun is over and a lot of people are losing their income.
And most I've come to know really have no reservations.
Hopefully things will get better for them in a few months and they will reverse the price increases, otherwise I will have to look for another destination as well.
I don't need to know what your holiday budget is, but €2000/70.000 Baht more than last year, then I can assume that you will definitely choose a different holiday location.
What the Thai do is raise, not lower; so you can shake it. And if you do go again with those higher prices, the Thai think you'll like it that way. You are a farang so you have enough money. The Very Hungry Caterpillar.
This is not Thai bashing, but that's how it goes in tourist areas and not just in Thailand.
Greeting.
Correct Hugo,
The Thai raise the price when sales fall!
Thinking about how to get income this way.
Have never heard of “turnover speed”: selling more units at a lower price to generate a higher profit.
The banking system could falter and banks could collapse if this takes too long. The Thai borrow for a mortgage, to make ends meet, for a car and for a motorbike. 75% of the Thai borrow for a car and a motorbike. The number of cars sold was 2019 million in 1.08 and the number of motorcycles is around 2.5 million units. When the bank starts reclaiming goods and selling them publicly, the chaos will be complete because there will be buyers.
Addition: there will be no buyers.
Yes Ruud,
There are. Those are the ones who saved.
I would like a white Toyota Fortuner with black rims…
1-2 years old now half….mmmm
The second hand car companies have sprung up like mushrooms in the last few years. I fear that many more will be added, but whether there will be sold is my question. The price will have to come down considerably.
The Thai government is betting on the Chinese. The investments they make in real estate and soon many casinos will only fund the state treasury and not the small entrepreneur. If the Chinese invasion really gets going, the farang like us will most likely stay away. Look at Sihanookville in Cambodia, which has now become Chinatown. Full of casinos and Chinese restaurants and hotels. Many tourists / backpackers no longer go there and many Cambodian entrepreneurs have lost their income because the Chinese do not come to the beach, bars or local restaurants. But that government also collects a lot of money that does not go to the population. As in Pattaya, Chinese people go to Chinese restaurants and hotels. So they come in large numbers but the small entrepreneur has nothing to do with it except the speedboat runs. But this government would much rather see us (farang) go than come.
A cornered cat makes strange jumps and when no more income comes in they will tack and then the invasion of Chinese will increase considerably.
Thailand is NOT dependent on tourism. This is relatively only a small part of the Gross National Product.
With a share of somewhere between six and ten percent, a considerable amount. But not as important as some would have us believe.
In monetary terms, tourism accounts for about 20% of GDP.
And because it is a service sector (and not industry) in which people mainly provide services and not machines, the associated employment is considerable.