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Old 01-03-2007, 08:10
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More Thai Weirdness

Few bits happening last couple oof days-

1) BoT cuts overnight repo rate to 4.5% - yes folks you can pile into the Thai Baht at 75bp LESS than the USD.

2) Finance Minister Devakula quits - getting friendly there at the top (not).

3) BoT scraps most of the capital controls that led to the one day 20% plunge in the SET - stating that the Baht has now 'stabilised'.

And finally this gemette!!

4) iTV to be renamed TITV - could anything be more apt !!! (I kid you not).

Bangkok Post Breaking News
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  #2  
Old 01-03-2007, 08:34
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Number 4 is a crack up.. They must know surely ??

1) is just freakish..
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Old 01-03-2007, 09:20
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Quote:
Originally Posted by K2 View Post
4) iTV to be renamed TITV - could anything be more apt !!! (I kid you not).
]

I don't get anything on google. What the western acronym joke?
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Old 01-03-2007, 09:28
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TiT.. This is Thailand..

Used whenever farang meets one of those pieces of Thai logic that doesnt compute to us..

This is Thailand Vision.
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Old 01-03-2007, 10:35
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Thanks. Guess I'm used to "It's Thailand" so didn't quite get it.

Anyway, hope they get out of self destruct mode soon.
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