Thailand Is Giving Cash To Low-Income Families To Help Fix Their Economy: "In a bid to combat this and kickstart the weakening economy, the government has approved plans to give low-income families a one-time payout."Capitalism is a trickle-up economy. That is why austerity makes things worse. But pushing money to the bottom is equally risky as it could lead to devaluation/inflation. Here is a chance to change the culture and reduce the wasteful private auto. Thailand already has many fare-free buses. This plan should be expanded instead of handing out money which might be spent on cars.
Wednesday, November 30, 2016
Helicopter money -- big mistake -- make more buses #farefree instead
Friday, November 18, 2016
False promise of #ParisAgreement against the reality of demand for more cars
The Star Online : "Indonesia, Philippines, Thailand and Malaysia all rank in the top 10 countries globally in terms of intention to acquire a car within the next two years. Around four in five Indonesian and Thai consumers (81% and 79% respectively) intend to buy a car within the next two years, as do three-quarters of Filipinos (76%) and seven out of 10 Malaysians (71%), compared to just 65% globally.
“Historically automotive demand in South-East Asia has been relatively low, and for many households owning a car has been financially out of reach,” said Chang Park, Managing Director of Nielsen’s Automotive Industry Group in South-East Asia, North Asia and Pacific.
“We have seen those tables turn in a big way in recent years, however, largely due to rising income levels across the region as more and more households join the middle class and attain the financial means to make their first car purchase.”
Intention to upgrade among car owners here is also high, particularly in Indonesia (the highest globally), and the Philippines (seventh highest)."
“Historically automotive demand in South-East Asia has been relatively low, and for many households owning a car has been financially out of reach,” said Chang Park, Managing Director of Nielsen’s Automotive Industry Group in South-East Asia, North Asia and Pacific.
“We have seen those tables turn in a big way in recent years, however, largely due to rising income levels across the region as more and more households join the middle class and attain the financial means to make their first car purchase.”
Intention to upgrade among car owners here is also high, particularly in Indonesia (the highest globally), and the Philippines (seventh highest)."
Saturday, November 12, 2016
Penang’s challenge: More highways or good public transportation
Free Malaysia Today : "Penang is at an important crossroad. Which road will it take? Will the State ignore scientific evidence and make policies based on personal whims and populism by over investing in highways to please car users? Or will it show far-sighted and courageous leadership by building and improving public transport; educate and lead the public along this new road of sustainable public transport system? Investing more and more on highways undermines a good public transport system."
Thursday, November 10, 2016
Cabinet approves extension of free bus, train service
Coconuts Bangkok: "The cabinet yesterday approved a THB2.2 billion project to extend free bus and train services for another six months.
Transport Minister Arkhom Termpittayapaisith said the free public transport service will be extended to the end of April of 2017, Daily News reported.
There are currently 800 free buses and 152 free trains in service. The free ride scheme was initiated in 2008 during Samak Sundaravej’s term as prime minister and has been continued ever since to help lower travel expenses for low-income people."
Transport Minister Arkhom Termpittayapaisith said the free public transport service will be extended to the end of April of 2017, Daily News reported.
There are currently 800 free buses and 152 free trains in service. The free ride scheme was initiated in 2008 during Samak Sundaravej’s term as prime minister and has been continued ever since to help lower travel expenses for low-income people."
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