Thread: Coup 2014 !!!! : Military 'takes control' in Thailand

Originally Posted by Tom Sawyer

^
Yeah agree. I reckon that's why that kid was crying.

Yes that display of emotion can be a double edged sword, meaning he can go either way, possibly close to cracking under the pressure, potentially scary scenario.

Originally Posted by Tom Sawyer

Yeah well on Koh Chang I guess there ain't much to do these days is there. Howz business pal? The soldiers are likely just happy to see ANYONE coming through even you -- snigger

That's funny, actually...Probably just have a couple of soldiers on the big island...

This coup has been well planned in advance

Private sector lauds NCPO

Private sector lauds NCPO’s economic roadmap
in Business | May 26, 2014 (156 views)
Test
The economic roadmap revealed by the National Council for Peace and Order receives support from the private sector with the Thai Chamber of Commerce and the Federation of Thai Industries (FTI) saying it could help bolster economy and stimulate growth.
Thai Chamber of Commerce vice president Somkiat Anuras said he was confident that investors’ confidence in the country’s economy would improve after tensions among conflicting sides have eased following the coup.

He said the NCPO’s economic roadmap has shed light on the gloomy Thai economy and enhance the people’s confidence.

“We have studied the NCPO’s economic roadmap and we can say that the NPCO’s has done good homework in the roadmap. The sooner the eight-point roadmap is implemented, the better the Thai economy will be.”

He also said the joint effort of the NCPO and the Bank for Agriculture and Agriculture Cooperative (BAAC) to resolve overdue payment worth 90 billion baht for rice farmers sold under the previous government’s rice pledging scheme will help improve the economy as the amount of money circulating in the market will increase to some 300-400 billion baht.

The spending could help to boost the economy to grow at 3% this year in contrast to earlier projections of 1.5% by private and public sectors.

The Thai Chamber of Commerce will hold talks with seven other private organizations to forge an economy strategy and propose it to the NCPO, he said, adding that he would also call the NCPO to allow general elections to form a civilian government as soon as possible.

FTI President Suphan Mongkholsuthee also hailed the NCPO’s economic roadmap, saying the NCPO has shown strong determination to solve the country’s economic problems.

He said the FTI plans to propose its economic stimulus plan to the NCPO.

The plan seeks to restructure seven aspects, including education, investment, society, civil servant regulations and innovations.

It will also ask the NCPO to grant authority to the Board of Investment of Thailand (BoI) to consider mega investment projects and BoI’s sub-committee to consider medium projects.

Power Buy, a leading electrical appliance retailer senior marketing director Ms Sangthip Amornchat, also viewed political tension has eased after the NCPO seized power from the caretaker government without any violence.

She said the NCPO’s economic roadmap will help boost people’s confidence and purchasing power and stimulate the economy.

Roadmap.. Roadmap... Roadmap. I seem to hear Abhisit using that same word.


[QUOTE="Yasojack"]“We have studied the NCPO’s economic roadmap and we can say that the NPCO’s has done good homework in the roadmap. The sooner the eight-point roadmap is implemented, the better the Thai economy will be.”


What business of theirs was it for the army to be making roadmaps? They could have put their roadmap to the people in an election if they were interested in this sort of thing. Where did it come from? How long have they had it? Why didn't they put it up for discussion? Why were they doing homework on this roadmap?


Good to hear that all the corporations love the roadmap. I wonder if they'll find a way to get rid of that nasty 300 baht minimum wage which has completely fucked the economy.

Originally Posted by Yasojack

He said the NCPO’s economic roadmap has shed light on the gloomy Thai economy and enhance the people’s confidence.

With a gun pointing at his head?

Where is this 8-point plan and does it include a time-line?

The longer the Junta stay in charge the further Thailand will sink. They best be gone by Christmas...

Tomta maybe fucked you,but certainly not fucked the people who deserve a living wage, more money in wage more money to spend, more money for govt coffers.

Originally Posted by BaitongBoy

That's funny, actually...Probably just have a couple of soldiers on the big island...

About a dozen actually, what's your point?

Originally Posted by tomta

Roadmap.. Roadmap... Roadmap. I seem to hear Abhisit using that same word.

Very commonly used word these days.

Not sure what your point is.

Originally Posted by Yasojack

Tomta maybe fucked you,but certainly not fucked the people who deserve a living wage, more money in wage more money to spend, more money for govt coffers.

Irony, Yasojack

[QUOTE="cyrille"]Very commonly used word these days. Not sure what your point is.[/QUOTE

My point , Cyrille, is that the army claims to be a neutral body that was "forced" by the exigencies of the moment into holding a coup that would prevent violence. We now learn that they have somewhat well prepared economic and social plans. What we were told was that a couple of days ago, they had "invited" various sides of this conflict to participate in discussions under the "martial law" - not of course a coup that they had imposed - just a means to get the various sides to talk to each other. After seven months of conflict on the streets - essentially overseen and controlled by the army - they gave them two hours to talk and when agreement was not forthcoming, they seized power. And now it seems that they have "roadmaps", policies, probably a couple of populist plans, lots of money for the poor rice farmers. This was planned and very imperfectly executed.

Only support internationally for the military coup is from Australia, not govt but major commerial: ANZ. Bloomberg: ANZ:AU (It's Australia and New Zealand Banking Group Limited) Some here said US is to blame for all world's problems, however now US is strongly against military coup. But Aus ANZ is fully endorsing military coup, are they clininally insane announcing that now, could have waited a couple of weeks, no, now they calculated it is bigger win to to get all that "goodwill" from military junta... ok.

FU ANZ no business with you for 6 generations...

Part of the story
Boost for ANZ's Thai banking plan despite coup
"Today Asian expansion is a key objective for the bank, which aims to generate 25 to 30 per cent of its profit from outside Australia and New Zealand by 2017.bThe approval comes after the Thai military this month wrested control of the country's government, sparking mass protests across the country. The Prime Minister and Finance Minister were both removed by the country's Constitutional Court.

A few people are getting all excited because the military through a Coup.

The protesters where banging on for 7 months without a result and things where dead locked.

Off course the Army was going to come in under these circumstances.

If anything they should be congratulated for staying out of it for so long.

As for the International media, just treat them with contempt as they will sensationalize anything for a story.

Anyway things are progressing nicely so far, farmers are getting payed for their rice and no mass killings.

Maybe tomorrow EH.

Originally Posted by Albert Shagnastier

most of the western journalists are completely ignorant to what's going on

not sure about that... you do know better?

Originally Posted by terry57

they should be congratulated for staying out of it for so long.

Enjoy your curfew and restrictions

Originally Posted by Exit Strategy

But Aus ANZ is fully endorsing military coup, are they clininally insane announcing that now, could have waited a couple of weeks, no, now they calculated it is bigger win to to get all that "goodwill" from military junta... ok.

Huh?....I read the article and damned if I can see where they are endorsing anything other than the license to operate in Thailand which was granted by the government, before it was deposed. The deal was probably years in the making....and it's business, not politics.

Barclays PLC was busy financing Argentina when it was fighting the British military in the Falklands war......you can't have silly war's, coups and suchlike shit interrupting a good business deal.....

FU ANZ no business with you for 6 generations...

Yeah, great idea. Stop doing business with thailand. No more imports, no more investment, trade sanctions, no orders for the factories. Lay off a few hundred thousand thai workers so they have to return to their parched rice fields.

Originally Posted by Exit Strategy

Enjoy your curfew and restrictions

Makes absolutely no difference to me or the majority of expats in Thailand.

The ones who are effected are the ones trying to run a business and maybe a few hard core mongers wanting to troll bars in certain areas.

No big deal is it.

Originally Posted by terry57

As for the International media, just treat them with contempt as they will sensationalize anything for a story.

Anyway things are progressing nicely so far, farmers are getting paid for their rice and no mass killings.

How about local journalists being pulled off the streets and held without charge - on the supposition they might write something unfavourable about creeping totalitarianism. Not a good indicator, is it?

Originally Posted by koman

Originally Posted by Exit Strategy

But Aus ANZ is fully endorsing military coup, are they clininally insane announcing that now, could have waited a couple of weeks, no, now they calculated it is bigger win to to get all that "goodwill" from military junta... ok.

Huh?....I read the article and damned if I can see where they are endorsing anything other than the license to operate in Thailand which was granted by the government, before it was deposed. The deal was probably years in the making....and it's business, not politics.

Barclays PLC was busy financing Argentina when it was fighting the British military in the Falklands war......you can't have silly war's, coups and suchlike shit interrupting a good business deal.....

As I said, it was partly in that article, more on somewhere not allowed here... bloomberg , independent.

I am not sure about your Barclays thing. If they were financing Argentinians? They should have been taken over. And would have. In the the end, Argie were beaten, banking transactions do not come into that, it was military.

Originally Posted by The Ghost Of The Moog

How about local journalists being pulled off the streets and held without charge - on the supposition they might write something unfavorable about creeping totalitarianism. Not a good indicator, is it?

That has not happened to every local reporter.

Only the Few. Cant say why though. Maybe more to it. ??

Originally Posted by taxexile

FU ANZ no business with you for 6 generations...

Yeah, great idea. Stop doing business with thailand. No more imports, no more investment, trade sanctions, no orders for the factories. Lay off a few hundred thousand thai workers so they have to return to their parched rice fields.

No, FU just this one - there are many better ones, Aus and NZ banks

Originally Posted by taxexile

FU ANZ no business with you for 6 generations...

Yeah, great idea. Stop doing business with thailand. No more imports, no more investment, trade sanctions, no orders for the factories. Lay off a few hundred thousand thai workers so they have to return to their parched rice fields.

Err, getting a tad excited there, Tax.

There are currently 2 million Burmese migrants working here and God knows how many Cambos.

The problem with the labour supply is that a significant proportion of Thai Isaanites are jobbing journeymen who elect to spend much of their time in the boonies where their land is. This land is of course virtually useless in a dynamic economy but provides a source of subsidy for a significant part of the labour force which has now recognised it is a player in the political stakes of this country.

Talk about the tail now wagging the dog. Economic development is founded on trade and manufacturing with agriculture contributing only 8.5 % to GDP, less than tourism in a good year.

Rather think that puts the whole rural poor thing into perspective. If the unemployed and less than industrious of Isaan wanted to they could improve their lot by seeking proper employment elsewhere in the economy. But they don't, much preferring to spend their time in feckless indolence funded by subsidy and loans.

Fact of life but I dare say many of the vacuous commentators here, like most of the Western press, reject it much preferring their emotional baggage to sustain them.

Burmese, cambo, or thai. Makes no difference.

They need jobs and income, economic sanctions based on debateable moral values will hurt the ones that need help the most.