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  1. #1
    Mid
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    Pro-Thaksin Party Looks to Abolish Capital-Inflow Controls in Thailand

    Pro-Thaksin Party Looks to Abolish Capital-Inflow Controls in Thailand
    DOW JONES NEWSWIRES
    December 24, 2007 6:38 a.m.

    BANGKOK -- Thailand's People Power Party, which won the most seats in national elections, will abolish the controls on short-term capital inflows if it forms a new government, the party's secretary-general Surapong Suebwonglee said Monday.

    snip

    online.wsj.com






  2. #2
    Thailand Expat Texpat's Avatar
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    kinda premature, eh?

    Why would they give up their secrets so soon, before the election commission even begins shaving their lead? Bet they suck at poker.

  3. #3
    Mid
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    maybe there's some capital that needs to get into the country ?

  4. #4
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    Ahh! But as I recall, anything over $18,000 must sit in a non-interest bearing account for one year.

  5. #5
    I am in Jail

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    Well, Thakin will curry favor with the foreign capitalists if he does this, which will increase capital flow and inward investment.

    He's not so dumb....

  6. #6
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    I think they need it NOW.

    "Kuhn Banhard, will you take a check?"

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