Pattaya November 2020

More documents

Recommendations

Info

BUSINESS SUPPLEMENTFOREIGN CURRENCY UPDATEThe US Dollar has beenlargely flat in terms of its valueon the international markets.The DXY Dollar index,the index that measures theU.S. Dollar’s value against abasket of major currencies,fell from 94.6 to 93.6 in achoppy month.With the U.S. Electionscoming up volatility is expectedto increase but atthe same time the dollar willlikely not make a significantdirectional move one way orthe other. A look at stock marketactivity may give someguidance as to the futuredollar outlook. A protractedoutcome to the U.S. electioncould lead to more volatilityin both the currency marketsand the stock markets. Watchfor any oversized stimulusthat may weigh on the dollarin the medium term. Againstthe Thai Baht, the USDTHBrate fell from 31.69 to 31.25 inkeeping with the weakeningDollar, although both movesare quite muted.The British Pound hashad quite a lot of news behindit in recent weeks. A rallyto 1.3061 against the USDollar faded and the Pounddropped to 1.2909. A temporaryfailure of Brexit talkscould have been a major factor,but equally a significantrise in Corona cases in theUK could also be behind themove. The fact that the Brexittalks did not send the Poundlower could be an indicationthat the news was alreadypriced in and so an upsidesurprise could be in store,depending on further discussions.Against the Thaibaht, the Pound rose to ahigh of 40.99 from 40.38before falling back to 40.91The Japanese Yen actuallyweakened against the U.S.Dollar, moving from 104.61 to105.39 even though the Dollarhas also given up some ofits value. The likely reason isa recent stock market surge,which often inspires a risk-offtrade in the Yen. Against theThai Baht, the Yen fell from0.2970 to 0.2936 illustratingthe compounded weaknessof both the US dollar and theJapanese unit.The Russian Ruble continuedto weaken against theUS Dollar moving from 75.29to hit 79.59 before droppingback slightly to 77.76. Thetrend could be set for morenear term weakness. TheRuble’s continued move wasmirrored in the RUB/THBrate, which fell from 0.415 to0.401, briefly dipping belowthe key 0.400 mark.The Euro, which hadmounted a monster rallyagainst the US Dollar from1.08 to nearly 1.20 over thelast few months continued togive up a small part of thosegains and moved from 1.1817to 1.1727, in largely choppytrade. News of more possibleECB stimulus on the cardsmay have lead to the modestdecline. Against the ThaiBaht, the Euro moved from36.83 to 37.10 and then backto 36.51.is brought to you byWorld TransferGET A BETTER DEAL FOR YOUR MONEY EXCHANGE061 608 4830contact@worldtransfer.onlinewww.worldtransfer.onlineWorld Transfer Paris Bangkok LondonGET A BETTER DEAL FOR YOUR MONEY EXCHANGESend money worldwideIt’s easy and free to open an account onlineSend money overseas easily and securely,with bank-beating exchange ratesThe easy way for businesses to transfer foreign currency online 24/7 and private customersto manage payments overseas, such as for a second home or education fees.FINANCIAL ANALYSIS INVESTMENTS INSURANCE BUSINESS SUPPORTwww.worldtransfer.online www.worldinvestmentguarantee.com www.assurancepattaya.comOffice: 061 608 4830contact@worldtransfer.onlineThepprasit Market next to 3BBThepprasit Rd, Pattaya, Chonburi 20150Office: 061 608 4830, 089 8113 599WORLD INVESTMENTGLOBAL INVESTMENT SOLUTIONSAGSERVICEHigh Tower Co., Ltd. Tel: 038 411 009For all your advertising enquiries - Tel: 0846 77 43 60
BUSINESS SUPPLEMENTWWW.VAUBAN.CO.THThe best of Thailand’s real estate since 2006INVESTMENT • LIFESTYLE PROPERTIES • EXPAT RELOCATION • SOLE AGENCYPROFESSIONAL END TO END SERVICESINVESTMENT, PROPERTY MANAGEMENTLEASING AND RESALE DEPARTMENTSBank Opening assistance &Chiang MaiA FULLY INTEGRATEDREAL ESTATE BROKER WITH6 BRANCHES IN THAILANDWE SPEAK YOUR LANGUAGEBangkokHua Hin PattayaSamuiPhuketPattaya Office:Chateau Dale, 306/71Thappaya Road, South PattayaTel: 038 251 729Email: pattaya@companyvauban.comBangkok Office:Trendy Office Building, unit10/36 Soi Sukhumvit 13,Sukhumvit road. Klongtoey Noey, Wattana 10110 BangkokTel: 02 168 7047Email: bangkok@companyvauban.comEmail: ben.hightowerltd@gmail.comwww.Thailand-Business-Supplement.com
Page 1 and 2: November 2020FREECOPYNEW MEGAPROJEC
Page 3 and 4: THAI PROPERTY MARKETBUOYED BY SUCCE
Page 5 and 6: ELEVENBUSINESS SUPPLEMENTbistroITAL
Page 7: BUSINESS SUPPLEMENTWhen We Say Prin
Page 11 and 12: MALAYSIAAIRLINESFIGHTING FORSURVIVA
Page 13 and 14: BUSINESS SUPPLEMENTPattaya’s prem
Page 15 and 16: BUSINESS SUPPLEMENTThe experts when
Page 17 and 18: To order your favouriteDaily Intern
Page 19 and 20: While bar charts, line graphsand si
Page 21 and 22: FACEBOOKLEVERAGE FORYOUR BUSINESSBU
Page 23 and 24: BUSINESS SUPPLEMENTTHAI RESTAURANTH
Page 25 and 26: BUSINESS SUPPLEMENTBURGER KING SEEK
Page 27 and 28: BUSINESS SUPPLEMENTDon’t leave it

Pattaya November 2020

Create successful ePaper yourself

Delete template?

Save as template?