Strong Thai Baht bad for export and tourism

Export, strong Thai baht, yes all nice. The other side is imports. Well a strong baht is good for imports because it is cheaper than with a weaker baht. In January 2019, Thailand had a trade deficit of USD 4 billion, namely an export of USD 19 billion and an import of USD 23 billion. The largest deficit since April 2013. Now everyone is also aware of the other side, so don't complain that the Thai baht is so strong. In the nineties this was only strong, converted (from guilders to the Euro) around 27 baht and now around 36 baht for a Euro. And let's hope that the trade deficit does not increase or persist, because that is detrimental to Thailand.

Info in the link:https://tradingeconomics.com/thailand/balance-of-trade

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”The abnormal height of the Thai Bath'.. is not only bad for Thailand and exports, but certainly for the foreign elderly who come from the Euro countries, with an AOW (tje) without a pension (and there are many who do not health insurance) who are permanently resident here! And the poor population, who miss out on their income (and you see the poverty surrounding you in this group) because they are being diverted to neighboring countries. And to think that… that the Thai Bath are artificially 'upheld' by 5 very wealthy Elite families for their own gain' ”Normally… I was not going to respond anymore, or to post columns, because I know from research to report that there are a large number of negative inciting posters who have never set foot on Thai soil” and that a lot is also posted while the poster himself is no longer fully able to distinguish the letters on his keyboard . And only spit gloating for the sake of entertainment' to find themselves a little important behind the lonely Dutch geraniums ” and jealousy and envy play a major role! because they don't have the balls to make something of their pathetic existence” ( pathetic Vinegar pissers' )

”We, as expats abroad, benefit more from larger venues, such as associations that are committed to representing the interests of all expats. Only, such an association does exist, but it represents interests from all over the world. “We should actually have an association that represents the interests of expats in Thailand. And I do not mean a forum like Thaivisa, there are often only announcements and explanations given about certain matters (also useful) but that is not an agency that will shake up an Embassy, ​​or Thai government or foreign affairs. There are associations of expats here, but strangely enough you never hear anything from that side about showing up for expats who get into trouble because of the low exchange rate of many currencies compared to the high exchange rate of the Thai Bath. They are more clubs of expats who come together periodically, discuss all sorts of things, go somewhere together or have dinner and that's it. "Surely there must also be members among them who are almost watering their lips", right? And yet, to date, there has been no initiative that manages to organize foreigners into a kind of union with the aim of opposing the issue or making the issue a subject for discussion with the Thai government, and to make them realize that stoic regulations in the field of visas applying for is no longer in keeping with this time, 400 / 800 Bath is not very old-fashioned and is still based on a situation that you still got 1 Bath for 50 euro. (or any other currency for that matter) It's not just about the Dutch! but millions of victims”

“The entire Embassy, ​​if from now on we can just have our passports created at the municipality here, or even better, if we can just apply for everything digitally (why do we even have that citizen service number) then they can do away with the whole mess for me. . All other matters, such as mobilizing and informing companies that want to establish themselves in Thailand, can all be done from the Netherlands. In any case, the cards are on the table as follows: Given the recent history and the problems that the Dutch encounter here in Thailand, the Embassy does nothing with the argument that they have no influence on the development of the course. But this completely ignores the core of the problem, namely putting pressure on or entering into discussions with the Thai government about the stoic legislation in the field of Immigration. 'They can certainly exert their influence there.

“Elections are coming up, then the cards will be shuffled again here in Thailand, the more influential are trying to get even more influence, the Thais themselves might be back in protest marching mode etc etc. So who is going to care about expats for the time being being in financial trouble here…….right….no one. That we have largely helped (and still do) to keep the economy going, they don't care at all, thank you and goodbye. Recently read a study that if we all pulled the plug here together, an economic decline of around 20% could be expected. Not to mention all the grief and misery many families will face here. That, for example, many hotels, garages, shopping malls will be closed, that is certain, almost the entire Immigration is on the street because no one is coming anymore. In short, the consequences will be drastic for this country, and then I go back to my earlier statement… they don't care at all”

'One should be glad that the Thai have a calm and friendly character by nature (they also suffer from the large financial differences here) because otherwise a popular uprising would have started here a long time ago. Go to any village in the countryside and you will see the huge differences in wealth. The government doesn't do anything about that either, well, an occasional contribution of 100/200 Bath for the poorest, but that really doesn't solve their problem. Unfortunately, no one will lose any sleep over expats like all of us here, unless all expats unite to 1 stage. Only then it may be possible to convince a government that things should be adjusted.
Take that 800.000 Bath rule, which was originally created to support you in case of a medical emergency. But if you have good and expensive health insurance, for example, then I think that measure could be dropped”. We are also unfairly lumped together with expats who come here for the first time, same regulations. I think, but who am I,.. that for expats who have proven to have lived here for more than 10 years' without problems, whether it be in the field of justice or problems with paying the hospital bill or causing accidents, etc. that the regulations should be relaxed for this group.! Someone who has just entered and can prove that he has an income of 65 Bath will also receive his annual visa. It is not checked whether that man has a criminal history, whether he has health insurance, whether he has a drinking or drug problem, no, just the same visa as we are issued. We didn't know that either….butrrrrrr………we have proven in recent years that we are on the right side. That's the big difference. But unfortunately no distinction is made in this respect and we, just like an entrant, have to account for ourselves as a criminal every 000 days. And especially on these last mentioned items, an Embassy or Expat Association could make a strong case. So the Embassy's excuse that unfortunately they cannot do anything about the currency does not make sense, that is actually without looking further, just keep things off and abandon us victims” What if millions of old European elderly return must? to their Fatherland', without any prospects for the future' … Prevention is Better' than cure! is the well-known saying, and politics is foresight (??) Yet'

PD

Nice story, PD. But as you rightly point out, nothing changes. And that won't happen either. The protectionist attitude of the Thais is solely based on fear that the Westerners will take over here. On the other hand, I would also like to point out that if the European countries had adopted the same attitude, the Western countries would have been much more proactive. The social and economic system would not have been eroded by the fortune-seeking migrants who do not have to prove a guarantee and "get everything".

Proletarians of all kinds….. oh no expats. Can someone explain to me what stoic regulation is? Thank you in advance.