preahko Posted October 12, 2010 Report Share Posted October 12, 2010 Thank fucking god!!! Just in time for my next trip, haha... Bangkok Post - The cabinet has approved three measures to curb the strengthening baht, Finance Minister Korn Chatikavanij said on Tuesday. The first measure is to slow down foreign capital inflow by removing the exemption from the 15 per cent withholding tax on capital-gains for fixed-income investments for foreign investors. Another measure is to promote capital outflow by encouraging state agencies and enterprises to expedite the disbursement of investment funds in foreign currencies and buy foreign currencies in advance. The third measure is to help small- and medium-sized business entrepreneurs affected by the appreciation of the Thai currency. Mr Korn said the Export-Import Bank, the Islamic Bank, the Small and Medium Enterprise Development Bank and Krung Thai Bank will provide foreign exchange risk insurance for small- and medium-sized exporters entering a forward contract at no more than US$500,000 (about 15 million baht) each. Link Link to comment Share on other sites More sharing options...
cavanami Posted October 12, 2010 Report Share Posted October 12, 2010 where's the Smile for "holding my breath" Link to comment Share on other sites More sharing options...
Old Hippie Posted October 12, 2010 Report Share Posted October 12, 2010 And all this will get us what? 30/1? 45/1? and what happens when other currencies keep tanking...? Link to comment Share on other sites More sharing options...
Central Scrutinizer Posted October 12, 2010 Report Share Posted October 12, 2010 OH, Pattaya's still cheap. Get a pass and get on over for a holiday. You know you need one! :-) Link to comment Share on other sites More sharing options...
Coss Posted October 12, 2010 Report Share Posted October 12, 2010 The whole basket load of currencies are jockeying for position these days, who will come out best? Who knows. It's almost worth making a prediction. That'd be a 50/50 chance of being right. Link to comment Share on other sites More sharing options...
Old Hippie Posted October 12, 2010 Report Share Posted October 12, 2010 OH, Pattaya's still cheap. Get a pass and get on over for a holiday. You know you need one! :-) I suppose...and I can always mooch off the guys I know in Surin... Link to comment Share on other sites More sharing options...
Central Scrutinizer Posted October 12, 2010 Report Share Posted October 12, 2010 Fuckin' mooch! :-) C'mon up and I'll make you a pizza and some nachos. The Archa beers are only 50 baht for a big bottle, and gin and tonics and vodka sodas are only 65 baht each. Find your own women! And bargain hard! :-) C'mon up to Starbeam Restaurant in Surin and we'll take care of your poor American ass! http://www.starbeam-restaurant.com/ Link to comment Share on other sites More sharing options...
cavanami Posted October 12, 2010 Report Share Posted October 12, 2010 OK. I'm on my way...sorta kinda... :hubba: Link to comment Share on other sites More sharing options...
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