• IP addresses are NOT logged in this forum so there's no point asking. Members are encouraged to install GOM or HOLA or TUNNELBEAR for an added layer of protection.

    The SEX forum is HERE so please stop asking.

A Singaporean's guide to living in Thailand

chonburifc

Alfrescian (Inf)
Asset
400 baht can go Bacarra drink draft beer mak mak and watch sao sao mak mak.
555 the way i drink. 400 baht at baccara can only last me 20 minutes....or 30 minutes at most.
Still remember bringing a bag of 5 kg new harvested jasmine rice to meet up with a sbf bro at baccara.

Paiseh paiseh to that bro to make him lug 5 kg of rice in walking street. :-p
 

yinyang

Alfrescian (Inf)
Asset
8437dbca7a8fbec44d8219c4ae662f88.jpg


Stock market extends record run as investors bet on more to come

Economy January 12, 2018 01:00


By The Nation

ANOTHER trading record toppled in the Thai stock market yesterday when the benchmark index pushed deeper past 1,800 points, and investors have expressed confidence it will hit 1,900 by the end of the year.

The Stock Exchange of Thailand (SET) Index closed at 1,802.80 yesterday, up 7.88 points from Wednesday, with a trading value of Bt86.82 billion.

However, foreign investors and institutions made net sales of Bt1.14 billion and Bt1.64 billion, respectively. In contrast, proprietary and individuals recorded net purchases of Bt1.64 billion and Bt1.13 billion, respectively.

Isara Ordeedolchest, senior vice president for SCB Securities, said the SET Index had made corrections on its approach to 1,800 points, and any pullbacks were likely to be short term amid a bright long-term outlook.

In the short term, the SET Index could drop to 1,740 points as a result of market corrections on any sell-down by long-term funds, but he expressed confidence about a 2018 target of 1,900 points.

“The Thai stock market is not a bubble, despite the fact that it is trading at two times above the normal level, as the Thai economy is expanding with recoveries in both domestic consumption and external factors,” Isara said.

A stock market bubble occurs when demand for shares drives their prices and the index to levels beyond any accurate or rational reflection of their actual worth.

Given that the US economy is showing consistent growth with an acceleration in inflation expectations, the federal funds rate - the US benchmark rate – is expected to rise four times this year against market expectation of three times, Isara said. The European economy is recovering, while Japanese consumption expanded better than expected.

However, it is worth to keeping an eye on China, where the economy is slowing down under the direction of the government’s March policy announcement. If the country adopts more monetary tightening, the global economy and Thailand could be affected.

Thailand's economic growth is projected at 4 per cent on the back of consistent export expansion and recovery in domestic consumption and public investment. One concern is over the country's general election, which has been promised by the government for no later than early 2019.

Meanwhile, there remain concerns over apparent bubbles in stock markets across the world.

Isara said that a bubble would likely occur first in bond markets and this impact could be felt later in the stock markets.


Even though it is possible for the US stock market to make a 10 per cent correction, he believed such a sell-down would not affect the Thai stock market, given its strength with forward price to earnings ratio of 14-16 times.

Asia Plus Securities expected the Thai stock market's corrections to continue on pressure from blue chip reversals and the SET Index could stay below 1,800 points for a period.

However, ICT and energy groups have become resilient against the market corrections.

Foreign investors switched to net sellers of stocks in the region after a nine-day net buying streak, with net sales of US$493 million. Most of the foreign sales were centralised in stock markets in East Asia.

Thailand faced net foreign sale of stocks worth about US$135 million, or Bt4.4 billion.
 

yinyang

Alfrescian (Inf)
Asset
Bad-boy baht
The currency keeps rising, up another three-tenths of a point on Thursday and now at its highest value since the coup. Here's the background.

c1_1394206_180112041411_620x413.jpg


Foreign funds drive baht
Exporters continue to fret over currency

Year-to-date net foreign inflows into Thai bonds have reached 47 billion baht, with foreign investors viewing Thailand as a destination to park their funds.

Some have fingered the movement as the source of the baht's strengthening value.

The baht rose 0.3% Thursday to a nearly 3½-year high of 32.02 against the US dollar. The baht is the year-to-date best-performing currency in Asia, appreciating 1.75%.

Early Friday, currency dealers in New York quoted the baht at 31.99 per dollar in trades of $1 million or more.


The strong baht has caused heartburn among exporters, with the Thai National Shippers' Council set to discuss the issue with the Bank of Thailand Friday.


Tada: Thai bond market an attractive destination

Foreigners are probably taking a wait-and-see attitude before the Federal Open Market Committee's meeting at the end of this month, with the minutes set to be released in February, said Ariya Tiranaprakit, executive vice-president of the Thai Bond Market Association (TBMA).

Net foreign outflows in the Thai equity market are worth 8.4 billion baht this year, the TBMA said.

Ms Ariya said foreign inflows parked in short-term bonds are valued at 27 billion baht, while long-term bonds total 20 billion.

Foreign funds moving into Thai bonds are uncertain because these inflows might turn into outflows if Thailand's inflation picks up or there is an increase in the US Treasury yield, she said.

"This is a time when foreign investors are parking their money in emerging markets, and the Thai bond market is an attractive [destination] because there is a good return and the economy is picking up," said TBMA president Tada Phutthitada.

The TBMA expects domestic inflation to remain low, while the benchmark interest rate is projected to stay unchanged at 1.5% throughout the year.

The long-term US yield curve will gradually pick up, but occasional dips in the US bond market are expected, Mr Tada said.

"In the past, when the US economy recovered, dips sometimes occurred in the US bond market because of the significant sale of bonds," he said. "But the possibility of a crash in the US bond market is minimal, as the US Federal Reserve's balance sheet reduction will be gradual."

Such a scenario repeating itself in Thailand's long-term bonds is unlikely because financial institutions and insurance firms have a surplus of liquidity, Mr Tada said, adding that the country also has a huge number of local players investing in foreign investment funds (FIFs).

"The size of outstanding investment in FIFs is 1.1 trillion baht -- larger than the net foreign inflows into Thai bonds," he said. "It is more worthwhile keeping a close eye on FIF movements than foreign inflows."

Foreign investors increased their holdings in Thai bonds to 223 billion baht in 2017.

Some 76% of those holdings were long-term bonds and the rest went to short-term debt instruments.


 

chonburifc

Alfrescian (Inf)
Asset
In Siam Lor, selling online skin whitening cream is very competitive. Know at least 5-6 friends doing either skin whitening or slimming pills. One of them is a poo chai too. This is what happen when it gets too competitve. Show the product really works by posting pics of own kar chng on fb. Again, as usual 2 camps, one for and one against.






Trust me. If got money, invest and sell whitening cream online. Profit better than sell drugs.
 

chonburifc

Alfrescian (Inf)
Asset
Today really cold since 2 am in the morning. Good for many but not so good for me as knees, elbows and back start experiencing hong sip pain. Usually goes by itself when weather become warmer.


 

chonburifc

Alfrescian (Inf)
Asset
Remember the 72 year old yakuza ah gong that was arrested in lopburi?

Apparently, he was a senior fighter with yamaguchi and runroad after gai guat a rival gang member.

Became a social media sensation last 2 days as many are curious why he is able to avoid detection for so many years.

Apparently, he was cheated by his thai wife of all his money and after that he take refuge in a chinese temple (san jao)in lopburi for many years. Became a temple helper and even have monthly salary of 5000 baht. Eat sleep at temple and thats how he survive for so many years. How he got caught also very comical.
Was playing chess with the neighbors and got into dispute with chessmate as he was known to be quite hot temper guy. Somehow a police report was make and thats how he got busted.

Morale of story: when runroad dont play chess, and if have to play chess, dont get hot temper.
Enactment of playing chess before get into argument.

Attracted lots of attention.

PNarong, read somewhere in one of FB comments that the jitpoon statute of limitation for murder have been either abolished or extended to 30 years about 10 years ago. So this pai kia ah gong will need to balek jitpoon soon.
 

rectmobile

Alfrescian
Loyal
Remember the 72 year old yakuza ah gong that was arrested in lopburi?

Apparently, he was a senior fighter with yamaguchi and runroad after gai guat a rival gang member.

Became a social media sensation last 2 days as many are curious why he is able to avoid detection for so many years.

Apparently, he was cheated by his thai wife of all his money and after that he take refuge in a chinese temple (san jao)in lopburi for many years. Became a temple helper and even have monthly salary of 5000 baht. Eat sleep at temple and thats how he survive for so many years. How he got caught also very comical.
Was playing chess with the neighbors and got into dispute with chessmate as he was known to be quite hot temper guy. Somehow a police report was make and thats how he got busted.

Morale of story: when runroad dont play chess, and if have to play chess, dont get hot temper.
Enactment of playing chess before get into argument.

Attracted lots of attention.

PNarong, read somewhere in one of FB comments that the jitpoon statute of limitation for murder have been either abolished or extended to 30 years about 10 years ago. So this pai kia ah gong will need to balek jitpoon soon.
Woman put on an act as wife to get his money. Either that man is stupid or the woman is smart. A weakness for pussy cause him to lost all his money.
 
Top