Michel *************
This is a summary of
Michel *************
's contributions to the platform. They have posed 0 questions and added 72 comments.

QUESTIONS

No questions found

COMMENTS

Michel *************
@John *********
He is totally right... In the long run, you will for sure have a very different view of the country! I have been through that and I finally invested a lot here. I may not have done so during the first year...
Michel *************
@Hugh *******
some of these guys are limited... Forgive them 😂
Michel *************
Juste arrived with Émirates... Dubaï airport was a total mess. I have been VERY lucky... Avoid Emirates at all costs...
Michel *************
@Edward *******
In fact the owner of the restaurant kept his restaurant open (loosing money) to provide a salary for the employees waiting "forever and ever" they money... I went there on purpose to provide a bit of help (as customer).
Michel *************
@Edward *******
I know - they ran out of budget very fast... the original money allocated was far too low... several waitresses working for a restaurant I know have never seen a THB...!
Michel *************
I am afraid there is still some way down... we are not at the bottom of the pool yet.
Michel *************
@Oliver *******
There is no furlough scheme (nothing like what Europe does)... just an indemnity of 5000 THB/month that started in the Spring/Summer (for people with official contracts)... and was quickly running out of budget (there is a debt holidays tough). The 20% of GDP employs around 25% plus of work force. My motorbike drivers in Pattaya are queuing for food... they have zero other option... Pattaya has lost 300.000 people over the last six months - people went back to the farms in Isaan... that's the option B!
Michel *************
Only option is to speed up a i-visa based on vaccine and - from time to time - get some covid cases... The boss of the Minor group (Avani hotels...) - a major group that could disappear if nothing change - mentioned that covid cases are almost all detected during the first week. Anyway... 10 million jobs are on the line... (and most of them with low qualification).
Michel *************
Trust the World Bank forecasts and not the local ones (WB are -9% GDP more or less). I agree they badly need to arrange some travel bubbles with Asian countries but even Singapore and HK (two World class cities) have problems right now! The bubbles will not happen for a long time... China has no interest (economically) and in terms of public health to take any risk with Thailand. Same for Korea... and Japan has 2000 cases per day right now.