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  1. #1476
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    Quote Originally Posted by Albert Shagnastier
    An anti-coup activist in Thailand called Friday for a weekend rally to defy the military government's ban on demonstrations, urging those opposed to the takeover to wear masks and be ready for cat-and-mouse chases with soldiers in the capital.


    Quote Originally Posted by Albert Shagnastier
    "There is no need to be aggressive in opposing the coup. Smile, please, and take it easy," Sombat said. "The masks you wear ... will be enough to make the dictators in the military lose face."
    I think I see a slight flaw to the plan. How will you know if they're smiling if they're wearing masks?

  2. #1477
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    Anybody see the latest TV presser by the NCPO this morning at 8 AM? It was in Thai with very good English subtitles but about 45 minutes long. Tough to follow along for me 'cuz I just woke up from a classic Chang Classic hangover. But I was particularly interested in what they would say about TV censorship and the curfew. I caught these bits: the signal was pretty positive that the curfew restrictions will be gradually lifted and in a piecemeal process (tourist areas first, e.g.). About the TV censorship that seems to be indefinite (although he did say there are no plans to regulate social media Web sites). The guy went off on a rave how the media sites exaggerated, instigated and played sides. It doesn't look like I'll be getting my CNN anytime soon. The summary at the end listed 3 stages: I know the first stage is estimated to take 2-3 months and the last stage is the election. So that's looking down the road quite a bit (1 year). I don't recall the specifics of these stages. A little help, please? (Needless to say, the innumerable Thai political pundits spending their lives keeping this thread alive will feel free to make all necessary corrections to my post without my telling them to feel free.)

  3. #1478
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    Quote Originally Posted by thegent
    My punt that the baht will be trading at 40 to the USD by Sept is looking better and better.
    No brainer.

    A weak baht is the best thing for 95% of Thais. The weaker the baht the better. More tourists and more exports.

    They are almost totally fuel self-sufficient now.

  4. #1479
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    Quote Originally Posted by Albert Shagnastier
    The weaker the baht the better.
    Certainly true for American expats.

  5. #1480
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    Quote Originally Posted by leemo View Post
    Quote Originally Posted by buriramboy View Post
    The Junta have said they'll be remaining in power for 1-3 years and that should tell you all what it's really all about, nothing going to change that, if want to live in Thailand just have to accept that's how it is, although personally I won't be visiting or moving back till it's all done and dusted as someone still has to play his hand and that's when it will get messy.
    And when it's 'over' I'm sure everything will be just fine for you to come and live in Thailand. You never know, this might well be the last coup.

    But consider, if it is, how bright would it be to come on over?
    I should imagine there will be no practical changes. The Thai will remain Thai, the weather will still be hot, the cuisine still monotonous, the TV will be puerile, the place will remain as dirty and scruffy as it always has been, the cost of living will remain lower than in the West, prostitution will still be available and cheap, traffic will remain anarchic, pedestrians will still risk life and limb and the tourists will still come. The only certainty of change it seems is the depreciation of the baht against Sterling which is great news if one is funded in Blighty.

  6. #1481
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    Thailand are dependent on imports of fuel, possibly fossil fuels there ok with

    Quote Originally Posted by Albert Shagnastier View Post
    Quote Originally Posted by thegent
    My punt that the baht will be trading at 40 to the USD by Sept is looking better and better.
    No brainer.

    A weak baht is the best thing for 95% of Thais. The weaker the baht the better. More tourists and more exports.

    They are almost totally fuel self-sufficient now.

  7. #1482
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    They are almost totally fuel self-sufficient now.
    that must be why they still need to import nearly 800,000 bbl/day of oil.

  8. #1483
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    Indeed, I think he's had a bit of a brain fart there.

    A devalued baht would be far more beneficial all round than tinkering with the taxation rates.

  9. #1484
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    Quote Originally Posted by Yasojack
    Thailand are dependent on imports of fuel, possibly fossil fuels there ok with
    Quote Originally Posted by taxexile
    that must be why they still need to import nearly 800,000 bbl/day of oil.
    Quote Originally Posted by thegent
    Indeed, I think he's had a bit of a brain fart there.
    OK - maybe I'm a few years ahead of myself here - but the way is clear.

    Almost all vehicles in this country now run on fuels produced within the country. The tech leaps in solar over the past ten years coupled with this fact show clearly that Thailand could easily wean itself off oil imports over the next 10 years.

  10. #1485
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    Quote Originally Posted by wjblaney
    Certainly true for American expats.
    True for every tourist/expat living via a foreign currency.

    Oh look - buy one get one free - no wonder dad's gone to Thailand.

  11. #1486
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    According to Khun Prayuth they are moving into Alternatives fuels

    Quote Originally Posted by Albert Shagnastier View Post
    Quote Originally Posted by Yasojack
    Thailand are dependent on imports of fuel, possibly fossil fuels there ok with
    Quote Originally Posted by taxexile
    that must be why they still need to import nearly 800,000 bbl/day of oil.
    Quote Originally Posted by thegent
    Indeed, I think he's had a bit of a brain fart there.
    OK - maybe I'm a few years ahead of myself here - but the way is clear.

    Almost all vehicles in this country now run on fuels produced within the country. The tech leaps in solar over the past ten years coupled with this fact show clearly that Thailand could easily wean itself off oil imports over the next 10 years.
    Last edited by Yasojack; 31-05-2014 at 12:23 PM.

  12. #1487
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    Quote Originally Posted by Yasojack
    According to Khun Prayuth that are moving into Alternatives fuels
    It would be fantastic if Thailand could lead the way for once.
    It certainly has the resources.
    Let's pray for a bit of vision

  13. #1488
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    Quote Originally Posted by taxexile View Post
    They are almost totally fuel self-sufficient now.
    that must be why they still need to import nearly 800,000 bbl/day of oil.
    Do you have any idea what amount that is in comparison to the fuel used daily which is produced internally?

    Any idea what it's earmarked for - i.e heavy industry? re-export etc?

  14. #1489
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    i'm not sure i agree with your assumption that thailand produces its own fuels.


    Economic Update

    Fuel for Thailand’s future

    Thailand |

    22 Oct 2013

    Energy consumption in Thailand is set to jump by 75% over the coming two decades as the economy expands and a more affluent society takes to the roads in increasing numbers, according to a new report. However, this new growth and mobility will come at a cost, with dependence on oil imports set to rise and increasing susceptibility to external price shocks.

    A recent report from the International Energy Agency (IEA) on the energy outlook for South-east Asia, released on October 2, found that Thailand’s oil import bill could climb to $70bn by 2035, three times its present level.

    According to the report, Thailand is the second-largest energy consumer in the region, ranked behind just Indonesia. Its energy requirements amounted to 118m tonnes oil equivalent (TOE) in 2011, with almost all of this met through imports. The IEA estimates that Thailand’s energy consumption will hit 206m TOE in 2035, amounting to a 75% increase over the two-decade-plus period. While the agency says the country’s population will remain relatively stable, the economy will treble in size over the coming 22 years, driving the higher demand for energy, with oil continuing to be the fuel of choice.

    “Fossil fuels are by far the most important source of energy in Thailand and are projected to remain so through to 2035, with their share of the primary energy mix remaining above 80% throughout the period,” the report said. “Oil keeps its position as the dominant fuel, with demand rising from 1m barrels per day in 2012 to 1.6m barrels per day in 2035.”

    Coal to play increased role in power generation.

    However, coal is seen as the potential replacement for at least some of Thailand’s oil and gas consumption, with usage expected to rise by 4% per year to reach 47m TOE by 2035, equivalent to 23% of the projected total. Most of this will be consumed by power stations, as demand for electricity continues to increase. According to the IEA, coal-fired plants will provide just over one-third of the nation’s needs in 2035, while the share of natural gas will fall from 68% to 52%.

    The biggest single call on energy, and in particular oil, will be the transport sector, which will use 41m TOE per year by 2035. For the most part, the rise will result from a growing number of private vehicles on the road, which is set to jump from 3m to 10m. Thailand will also see many more buses and commercial vehicles take to the nation’s roads, pushing up diesel consumption as well. The IEA puts Thailand’s fuel mix for 2035 at 84% oil-based, 10% gas and 6% biofuels, with oil’s contribution only marginally down from that at present.

    Risk of external shocks.

    The IEA also warned that the Thai economy was particularly vulnerable to external shocks, disruptions to its energy supplies and oil cost escalation. According to a report issued by Bank of America (BofA) Merril Lynch in early September regarding the possible impact of the Syrian conflict on Asian economies, Thailand was more exposed than most countries in the region to any destabilisation of the global oil market.

    A 10% increase in international oil prices would cut Thai GDP by 45 basis points, while pushing up the consumer price index (CPI) by 25 basis points, the report said. Of the 11 countries surveyed, only South Korea would see a greater impact in terms of GDP, while the effect on CPI would be higher in just four countries – Indonesia, the Philippines, India and Malaysia.

    One measure that the IEA put forward to ease the high rate of oil usage was scaling back subsidies. At the end of June, the government said it was considering following the lead of both Indonesia and Malaysia and reducing fuel subsidies, which cost the state some $8bn in 2012.

    Savings could be redirected into energy infrastructure, with more fuel-efficient coal-fired power stations being an obvious investment. Though the Electricity Generating Authority of Thailand has plans to bring another four power stations using clean coal technology on-line by 2028, doubling the present number in operation, this additional capacity will likely fall short of demand. The gap could be filled by the private sector, either acting in partnership with the state or alone, though any new plants will be dependent on imports to fire their turbines.

    Fuel for Thailand

  15. #1490
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    Ye it would be good as currently a large percentage of it is exported.

    Quote Originally Posted by Albert Shagnastier View Post
    Quote Originally Posted by Yasojack
    According to Khun Prayuth that are moving into Alternatives fuels
    It would be fantastic if Thailand could lead the way for once.
    It certainly has the resources.
    Let's pray for a bit of vision

  16. #1491
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    Quote Originally Posted by taxexile View Post
    i'm not sure i agree with your assumption that thailand produces its own fuels.


    Economic Update

    Fuel for Thailand’s future

    Thailand |

    22 Oct 2013

    Energy consumption in Thailand is set to jump by 75% over the coming two decades as the economy expands and a more affluent society takes to the roads in increasing numbers, according to a new report. However, this new growth and mobility will come at a cost, with dependence on oil imports set to rise and increasing susceptibility to external price shocks.

    A recent report from the International Energy Agency (IEA) on the energy outlook for South-east Asia, released on October 2, found that Thailand’s oil import bill could climb to $70bn by 2035, three times its present level.

    According to the report, Thailand is the second-largest energy consumer in the region, ranked behind just Indonesia. Its energy requirements amounted to 118m tonnes oil equivalent (TOE) in 2011, with almost all of this met through imports. The IEA estimates that Thailand’s energy consumption will hit 206m TOE in 2035, amounting to a 75% increase over the two-decade-plus period. While the agency says the country’s population will remain relatively stable, the economy will treble in size over the coming 22 years, driving the higher demand for energy, with oil continuing to be the fuel of choice.

    “Fossil fuels are by far the most important source of energy in Thailand and are projected to remain so through to 2035, with their share of the primary energy mix remaining above 80% throughout the period,” the report said. “Oil keeps its position as the dominant fuel, with demand rising from 1m barrels per day in 2012 to 1.6m barrels per day in 2035.”

    Coal to play increased role in power generation.

    However, coal is seen as the potential replacement for at least some of Thailand’s oil and gas consumption, with usage expected to rise by 4% per year to reach 47m TOE by 2035, equivalent to 23% of the projected total. Most of this will be consumed by power stations, as demand for electricity continues to increase. According to the IEA, coal-fired plants will provide just over one-third of the nation’s needs in 2035, while the share of natural gas will fall from 68% to 52%.

    The biggest single call on energy, and in particular oil, will be the transport sector, which will use 41m TOE per year by 2035. For the most part, the rise will result from a growing number of private vehicles on the road, which is set to jump from 3m to 10m. Thailand will also see many more buses and commercial vehicles take to the nation’s roads, pushing up diesel consumption as well. The IEA puts Thailand’s fuel mix for 2035 at 84% oil-based, 10% gas and 6% biofuels, with oil’s contribution only marginally down from that at present.

    Risk of external shocks.

    The IEA also warned that the Thai economy was particularly vulnerable to external shocks, disruptions to its energy supplies and oil cost escalation. According to a report issued by Bank of America (BofA) Merril Lynch in early September regarding the possible impact of the Syrian conflict on Asian economies, Thailand was more exposed than most countries in the region to any destabilisation of the global oil market.

    A 10% increase in international oil prices would cut Thai GDP by 45 basis points, while pushing up the consumer price index (CPI) by 25 basis points, the report said. Of the 11 countries surveyed, only South Korea would see a greater impact in terms of GDP, while the effect on CPI would be higher in just four countries – Indonesia, the Philippines, India and Malaysia.

    One measure that the IEA put forward to ease the high rate of oil usage was scaling back subsidies. At the end of June, the government said it was considering following the lead of both Indonesia and Malaysia and reducing fuel subsidies, which cost the state some $8bn in 2012.

    Savings could be redirected into energy infrastructure, with more fuel-efficient coal-fired power stations being an obvious investment. Though the Electricity Generating Authority of Thailand has plans to bring another four power stations using clean coal technology on-line by 2028, doubling the present number in operation, this additional capacity will likely fall short of demand. The gap could be filled by the private sector, either acting in partnership with the state or alone, though any new plants will be dependent on imports to fire their turbines.

    Fuel for Thailand
    Tax.

    This article.

    Report.

    According to.......

    IEA - International Energy Agency - affordable clean energy for all | iea.org

    Right??

    IEA was

    wait for it.....

    "Establishment of the new organization was proposed by United States Secretary of State Henry Kissinger in his address to the Pilgrims Society in London"

    International Energy Agency - Wikipedia, the free encyclopedia


    Just another biased propaganda arm of a corporate interest that hides behind the cloak of a charity/ngo etc.

    SOP these days sadly - "political advertorials"

  17. #1492
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    its from the oxford business group. i put a link to the article after the quoted information.



    read into it what you like. but facts is facts.





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    OBG CONSULTING HAS REPORTED ON PROJECTS VALUED AT $315BN TO DATE

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    Modern offices in Istanbul house OBG's editing and design departments, as well as other departments needed for what continues to be a bustling and growing company – HR, finance, accounts, logistics and IT. The offices in Dubai’s Media City are home to OBG's Consultancy Division, Media, Subscriber, Public Relations plus Event Support teams. OBG's London office is centrally located in Great Titchfield Street W1.





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    With its reports regularly cited in the Financial Times, BBC, the Economist and other leading media outlets and its staff frequently interviewed on all forms of broadcast media, Oxford Business Group is a recognised and respected source of business intelligence in many parts of the world.With its authority further enhanced by collaboration with leading professional partners in its coverage countries, OBG's balanced and insightful comments and analyses, showcased in award-winning design, are ever more recognised as compelling content, rightly drawing readers in.

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  18. #1493
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    Quote Originally Posted by Albert Shagnastier View Post
    Quote Originally Posted by Albert Shagnastier
    An anti-coup activist in Thailand called Friday for a weekend rally to defy the military government's ban on demonstrations, urging those opposed to the takeover to wear masks and be ready for cat-and-mouse chases with soldiers in the capital.


    Quote Originally Posted by Albert Shagnastier
    "There is no need to be aggressive in opposing the coup. Smile, please, and take it easy," Sombat said. "The masks you wear ... will be enough to make the dictators in the military lose face."
    I think I see a slight flaw to the plan. How will you know if they're smiling if they're wearing masks?
    Gee shagger I thought you were smart, they wear a smiley face !!!!!

  19. #1494
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    Quote Originally Posted by Albert Shagnastier View Post
    Quote Originally Posted by Yasojack
    According to Khun Prayuth that are moving into Alternatives fuels
    It would be fantastic if Thailand could lead the way for once.
    It certainly has the resources.
    Let's pray for a bit of vision
    Ah yes, vision, what we see for the future and what we do to realise those dreams.

    Much rests on the vision of our glorious leaders, just as it did with our previous glorious leaders.

  20. #1495
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    I see Shag is being correct with all his facts as usual....

    Am I right in thinking thegent doesn't give a doggy-pooh about Thailand just as long as he gets more baht for his buck?

    Let's hope this relaxed attitude about the Coup doesn't pop-up and bite you on the bum.

  21. #1496
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    Err, Troy, I'm a farang, what else would I be worried about? If I were to be welcomed as a potential migrant and afforded citizenship rights I may be interested in other matters. However, the relationship is such that my life here is, was and always shall be, simply motivated by the need to maintain a standard of living in which I can successfully insulate myself from the Thai and enjoy myself.

    How these people choose to disport themselves is really a matter for them and none of my business. My contempt for their hypocrisy, greed, recklessness, stupidity and propensity for deceit is well documented within the forum. I do not see this particular coup changing anything very much and as such I remain quite indifferent although their silliness does wear one down.

    If they can only manage one thing I would settle for the introduction of a functioning pedestrian road safety system within the urban environment. When that happens I might actually develop some interest in them but since hell will freeze over before that happens I shall remain as I am.

  22. #1497
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    Just read a certain somebody is back in Thailand and he commands a lot of soldiers, be interesting to see where their loyalty lies, to him or the junta.

  23. #1498
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    Quote Originally Posted by Albert Shagnastier View Post

    True for every tourist/expat living via a foreign currency.


    Sounds like all those Australian dollars sitting in my Safe will stay in cash and I'll start using the money in my Thai Bank account.

    Thanks for the heads up.

  24. #1499
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    Just watching the news the army are really spreading the love about, free concert free hair cuts free ice cream.

    Must be winning the people over by now surely

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    Quote Originally Posted by buriramboy View Post
    Just read a certain somebody is back in Thailand and he commands a lot of soldiers, be interesting to see where their loyalty lies, to him or the junta.
    One and the same - him and the new regime - are they not?

    The relationship is quite deep.

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