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Three-quarters of Bangkokians in debt

The Thaiger & The Nation

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Three-quarters of Bangkokians in debt | The Thaiger

An estimated 77.5 per cent of Bangkokians are in debt and 53 per cent admit to have fallen behind in repayments. This, from a survey by Bansomdej Poll in collaboration with the Foundation for Consumers (FFC)’s Chaladsue (Smart Buyer) magazine.

The poll of 1,171 people conducted between August 24-28 this year found that out of the indebted respondents (most of whom had debts even before this year), 37.6 per cent were in debt for housing, followed by car payments (28.2 per cent), loans with illegal money-lenders (18.8 per cent) and loans with banks (17 per cent).

The three most-cited loan sources were commercial banks (36.4 per cent), finance/leasing companies (16.7 per cent) and loan sharks (15.3 per cent).

About 40 per cent of the indebted respondents owed under 100,000 baht, while 30.6 per cent owed between 100,000-500,000 baht and 17.4 per cent between 500,000-1 million baht.

Another 8.2 per cent owed between 1-3 million baht, 2.7 per cent between 3-5 million and 1.1 per cent owed more than 5 million baht.

Some 53 per cent admitted to missing repayments.

About 46 per cent had been subjected to communication regarding repayment (33.5 per cent via letters and 19.6 per cent via debt collectors’ rude verbal communication).

About 22.8 per cent of the in-debt respondents said they had been subject to lawsuits and asset seizure over unpaid overdue debts.

As for their awareness about the Thai government’s measures to aid the creditors, 40 per cent of the respondents said they knew about new loan sources such as The Bank of Thailand (BOT) Debt Clinic, the provincial-level “Pico Finance” loans under Finance Ministry’s supervision (to handle smaller cases and with loans not exceeding 50,000 baht) and the BOT-supervised “Nano Finance” loans for vocational aid (to handle larger loans up to 100,000 baht).

Narumon Mekborisut, chief of the foundation’s Consumer Rights Protection Centre, said Bangkok residents still didn’t have enough information to decide whether to partake in the government’s debt-tackling measures, including the Debt Clinic. Narumon cited Credit Card Debtors’ Club president Chuchat Boonyongyot’s comment in the magazine’s 209th edition (July 2018) that none had at the time passed strict criteria to use the Debt Clinic services.

SOURCE: The Nation



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Bangkok

Chinese charged over test-taking scam

The Thaiger & The Nation

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Chinese charged over test-taking scam | The Thaiger

by Khanathit Srihirundaj

A scam of a different kind has been uncovered today. In this case no one was being harmed but the system was being cheated.

The Nation reports that Thai police have arrested seven Chinese who were allegedly hired to take ACT (American College Testing) exams on behalf of other test-takers who wanted good results in order to apply to study in the United States.

The first batch of five suspects – Chinese nationals between the ages of 29 and 33 – were arrested on Friday afternoon at the ACT examination site at Mahidol University’s Salaya Campus in Nakhon Pathom.

The five suspects reportedly confessed to police that they had been hired to take the ACT exams on behalf of the real applicants for between 10,000 and 20,000 yuan (about 47,500-95,000 baht) per person.

They said a China-based agency had helped coordinate with the customers and arranged for their accommodation, travel expenses and fake passports – containing the real applicants’ details, but with the suspects’ photos – to undertake the task.

They were to get good results in the exam, discard the fake passports and travel back to their home countries, police quoted them as saying.

The second batch of two suspects – Chinese nationals 28 year old He Liu and 39 year old Huang Xiofan were arrested on Saturday at the ACT examination site at NIST International School in Bangkok’s Watthana district.

Police also found that Liu was carrying eight fake passports, and he reportedly confessed to having previously taken exams for hire in various countries, including the Philippines, Malaysia and Vietnam.

The seven suspects, whose Thai visas have been revoked, were all charged with using forged passports, while Liu faces the additional charge of having fake passports in his possession for the purpose of selling them, Surachate said.

Chinese charged over test-taking scam | News by The Thaiger Chinese charged over test-taking scam | News by The Thaiger

STORY: The Nation

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Bangkok

Top 10 most popular Asian cities 2018 – Agoda

The Thaiger

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Top 10 most popular Asian cities 2018 – Agoda | The Thaiger

Bangkok ranks on top of the list of most-visited Asian city tourist destination for 2018. This is from Agoda, a fast-growing online travel booking platform. With millions of online bookings each year they have the data to back up their findings.

Other cities in the top 10 include Tokyo, Kuala Lumpor, Hong Kong, Osaka, Taipei, Seoul, Singapore, Bali and Pattaya.

Agoda says both Thai and foreign tourists would normally lodge in Bangkok for a night or more before continuing to the other destinations.

Agoda also reported that Thailand was placed second after Japan among Asian countries most visited by tourists because of the country’s rich cultural and historical tourist attractions, clean beaches and world-class cuisine.

The 10 most popular cities among Thai tourists are Bangkok, Pattaya, Chiang Mai, Hua Hin, Phuket, Tokyo, Khao Yai, Chon Buri, Krabi and Chiang Rai.

The most-favoured country for sight-seeing among Thai tourists is Japan followed by Singapore.

Top 10 most popular Asian cities 2018 - Agoda | News by The Thaiger

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Bangkok

Two foreigners arrested over cannabis oil raid in BKK

The Thaiger

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Two foreigners arrested over cannabis oil raid in BKK | The Thaiger

PHOTO: The Nation

A Canadian, a Brit and two Thais were arrested last week following a drug raid in Bangkok.

67 year old David Kulik from Canada was arrested last Monday in Chon Buri alongside 64 year old Brit, Joseph Toole.

The Thai Narcotics Suppression Division raided the warehouse in the Bang Phli area of Samut Prakan, south of Bangkok, which they say they operated for over a year producing cannabis oil.

During the bust Police seized 70 kilograms of oil and 6.6 kilograms of cannabis resin.

The cannabis was smuggled from Laos to the warehouse in southern Bangkok, where after having been processed into oil, was then exported to Belgium and other European countries.

Police claim that it was Joseph Toole, a former doctor, who was in charge of the oil production while Kulik helped finance the operation.  They also believe that it is a Japanese national who heads the operation.

SOURCE: ThaiVisa

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December 11, 2018, 3:47 am
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