How To Profit From Global Warming: Thailand Edition

The streets of Chiang Mai, Thailand’s second city located near the northern end of the country, are nearly empty during summer middays. Most people you encounter will be tourists, backpackers and the drivers of tuk-tuks, the three-wheeled taxis that are everywhere in South East Asia. Thais know that the midday sun–or heated haze–is to be avoided.
So where are all the Thais? A great many are at home, safely shaded and cooled by those slow-motion fans that cool residents of South East Asia but provide no relief to visitors. But those Thais who need to get out of the house–especially those with some extra disposable income–head to the mall.
Recent visits to a few of the malls in Chiang Mai suggests that hotter days drive up mall visits. It’s been unseasonably warm in the last few weeks, and business is booming. If you want to profit from fear of imminent environmental doom, the mall is where to do it in Thailand.
I’m officially on vacation here in Thailand, so I haven’t bothered to find out who owns the malls or the bigger Thai stores. But I did notice a few American companies with Thai mall exposure: Dairy Queen, Pizza Hut and Duncan Donuts.
So the next time you hear about the “inconvenient question” you’ll have a convenience store answer: Long the DQ Blizzard!

–John Carney is trying to find ways stay cool in Thailand.

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25 Responses to “How To Profit From Global Warming: Thailand Edition”

  1. guest says:

    is Duncan Donuts related to Dunkin Donuts?

  2. big r says:

    rapid JP posts

  3. big r says:

    rapid JC posts

  4. guest says:

    “I don’t have any friends and don’t have any intention of making any”
    Mr. Pink, Gary needs a friend.

  5. man says:

    one night in bangkok makes a hard man humble.

  6. guest says:

    “I always feel like I have the weight of the world on my shoulders every day I get up. … There are days I don’t even want to get up.”
    – WTF? I thought that this only applied to Bennie or Dick. Is Gary Coleman really running the planet? Who knew?

  7. guest says:

    @$:22 I really don’t like that song. I prefer the works of Huey Lewis.

  8. guest says:

    one more post and i ask tim sykes to teach you how to make money in commodities

  9. mrpink says:

    guest at 4:20-
    For shame… I don’t want to be his friend… LOL

  10. guest says:

    Do it! Do it! I want to learn to trade commodities from Master Timmay (that’s what his loyal followers call him in the Far East). I’ve already seen Trading Places, so I probably only need Timmay’s “advanced course” DVD to be ready to trade! And I drink orange juice and eat bacon. Give us all another update on rice – or the Vietnamese Dong would work as well. Are you long or short on the Dong? Do Thai hookers even take Dongs – or just Dollars?

  11. Jesse Livermore says:

    Duncan Donuts is a subsidiary of Duncan Hines. They specialize in cake donuts, but their margins have been under pressure recently due to the rising cost of rice flour and guava jelly.
    No connection to Dunkin’ Donuts which is Bill Clinton’s new favorite hangout.

  12. guest says:

    Dongs is going down. They call this phenomenon ‘Dig Dong’

  13. guest says:

    @ Jesse Livermore
    Does Monica Lewinsky now work at DD or has Bill and his impecable taste in women moved on to some other heffer?

  14. guest says:


  15. guest says:

    Ugly has nothing to do with a blowjob.
    -Jimmy Crack Korn, East Texas Gas Trader

  16. guest says:

    Thanks for the clarification on the spelling now get back to work because I want those god damn cows milked by 7:00!

  17. guest says:

    @ 5:21
    I agree, beauty is only a light switch away.

  18. guest says:

    i-m-p-e-c-c-a-b-l-e. Milk your own damn cows.

  19. guest says:

    @ 5:57
    Fuck you and don’t ever talk back again. That’ll be 10 lashes, now get back to work.

  20. guest says:

    I believe Dairy queen and Pizza hut are franchised. It is managed by Thailand’s leading food and hospitality company, Minor International. It is listed in the Bangkok stock exchange with the market cap of about 53 billion bath (~1.8 billion USD). They are building their flagship 70 storey residential tower under the St. Regis brand. The starting price is $1.2 million USD!!
    St. Regis

  21. guest says:

    In other news, 99% of all DB readers don’t give a sh*t about Thailand. You’ve posted enough Carney, you can call it a business expense, please stop posting about Thailand.

  22. guest says:

    I wonder which IB made a killing from the rice price shock.

  23. guest says:

    It’s a peanut buster parfait!

  24. guest says:

    Duncan Donuts or not, Thailand is no place of doughnuts! Sure would love a Krispy Kreme here now and again, but one can’t have everything.
    Indeed, on one of my first visits here before taking up residence, a friend said that, “It’s going to be hot today so let’s go the mall.” Unless you’ve got air conditioning, which she did not, it can be a furnace in all these masonry buildings–all the wood is long gone.
    Oh, and if one wants to read about climate change in Thailand, there’s always