All hail the rich!

5 07 2020

Bloomberg reports that the regime’s “plan to target high-spending foreigners to kick-start its travel sector,” as promoted by the CP tycoon, “has a green light after winning Cabinet approval and additional support from the nation’s aviation regulator.”

Now with an almost total ban on foreign travelers the “Civil Aviation Authority of Thailand added a clause to also allow those who have ‘special arrangements’ with the government.” We thought king and queen and any guest or the Army boss. But, no, this is for the filthy rich of the world.

Chula Sukmanop, director general of the CAAT, “explained”: “Many in the high-spending, high-income groups avoided direct impact from the pandemic, but couldn’t come here because of travel restrictions…”. Trust royalists to take advantage of the class nature of the virus crisis and make it explicit.

Chula added: “I’ve spoken with private aircraft operators who said they have plenty of potential customers looking to charter a plane to here.” And he sounds ecstatic about the prospect of the wealthiest landing in Thailand:

The “special arrangement” group widens the market for “big spenders,” whose applications could be treated on a “fast-track basis that requires case-by-case approval,” Chula said. The biggest proportion of visitors in the initial phase will qualify through one of the travel-bubble agreements Thailand makes with other nations, he said.

Somprawin Manprasert, chief economist at Bank of Ayudhya, observed: “This won’t do much to help the many small hotel operators in the country…”.

Despite Gen Prayuth Chan-ocha’s lame denials that his regime does favors for his favorite Sino-Thai tycoons, when it comes to the domestic super-rich, there’s a veritable smorgasbord of wealth enhancement projects in the works.

The Nation reports that the “Agriculture and Cooperatives Ministry has announced plans to establish 3,000 foreign investment funds to support Thai farmers and deal with food shortages.” That’s shortages outside Thailand.

Deputy Minister Prapat Pothasuthon said his “ministry is in talks with the Capital Trust Group and related private agencies on plans to establish 3,000 foreign funds to enhance agricultural businesses in Thailand and create food sustainability…. This move also aims to boost [Thai] farmers’ liquidity by creating channels that connect them with institutional investors worldwide managing total assets of US$40 trillion…”.

This won’t do much to help many small farmers in the country. Watch the financial whales breach and grasp the profits.

Then there’s the “megaprojects” being developed by the giant bag of loot also known as the Ministry of Transport: “eight motorway-railway projects linking economic zones with Thailand’s border regions…”. Minister Saksayam Chidchob added “double-track rail projects would be constructed to link the economic zones with border checkpoints around the country…”.

Buriram relatives  and party faithful must be rubbing their hands and the super-rich will be the contractors.



3 responses

6 07 2020
Updated: Generals, kings and isolation | Political Prisoners in Thailand

[…] If you aren’t filthy rich and are without a royal or military connection, then you can be held in contempt compared to those […]

7 07 2020
Cost of virus crisis | Political Prisoners in Thailand

[…] do know that the super-rich are doing pretty well and we guess that plenty of regime purses are being […]

14 08 2020
A winner!! | Political Prisoners in Thailand

[…] Chan-ocha was babbling about getting help from Thailand’s richest tycoons? Remember the sclerotic ideas he received from some of the tycoons? Charoen Pokphand’s patriarch was one who proposed ideas […]

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