Podcasts about Thai baht

"It was hell. The worst seven months of my life. I was beaten, humiliated, electrocuted."Jalil Muyeke thought he was travelling to Thailand for a dream job. Instead, he was trafficked to Myanmar, imprisoned in a scam centre, and forced to commit online fraud under the threat of violence. An estimated 100,000 people fell victim to these operations run by Chinese crime groups. Jalil endured seven months of beatings and abuse before finally finding a way out. He eventually had to pay for his own flight back home and was fined 1,500 Thai Baht for overstaying his visa, which is approximately 44 dollars - a small price to pay to be swiftly reunited with his family in Uganda. But thousands are still stuck in Myanmar today, with many African governments unwilling to pay to bring their citizens home. Alan Kasujja speaks to Jalil, who survived the ordeal, to find out how he was tricked, what life was like inside, and how he made it out.

Today we'll be talking about a rise in in-flight thefts, the weakening Thai Baht and a rise in the cost of hotels, and a little later the increasingly aggressive behavior of monkeys in Angkor Wat.

What does the latest CPI data suggest about the US Fed's fight against inflation? What are economists saying about the trajectory of the future monetary policy path? What are some stocks that have surged more than 200% this year? And how did Tencent perform in its latest quarter earnings? Find out with Dan Koh and Ryan Huang as they breakdown these latest financial news and walk you through an action pack tour of markets.  See omnystudio.com/listener for privacy information.

INVX 11/11/2024Fund Flows GS Asia PacWeekly Kickstart : MXAPJ +2% led by ChinaA ( Yuan 10 bn Stimulus package> mkt exp.) and Taiwan / Sector Tech outperformed Energy GS Buy WHA higher land Sales , Bt 1 bn divestment revenue and Data Centre play. Raised target price to Bt 6.50 from 6.00GS cut target price TOP from Bt 67 to Bt 65, weaker Ebitda from larger than expected one-off inventory losses, stronger Thai Baht and higher OpexStocks of the Day : Buy CPALL and LHHotelResearch KEX Underperform tp Bt 1.70, negative view with unclear sign of recoveryTHRE Outperform with cut target price to Bt 0.70 fromBt 0.80QH Underperform with raise target price to Bt 1.97 from Bt 1.89

US inflation outpaces expectations, supporting bets for a 25 basis point cut by the Fed in November; Japan's producer prices are stronger than expected; A manufacturing bounce in Singapore may lead its Monetary Authority to hold policy next week. In our bonus Deep Dive interview, ANZ FX Analyst Kausani Basak analyses how the Thai Baht was the second strongest Asian currency in Q3, prompting the Bank of Thailand to intervene. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

Saktiandi Supaat, Head of Forex Research at Maybank explains how the weak economy and rising inflation are reasons behind his forecast revisions on the Thai Baht, while looming uncertainties surrounding the US elections in November are weighing on his outlook for the RMB. He also highlights the currencies to watch in the region.

27th Nov: Crypto & Coffee at 8

What is the outlook for the Thai Baht? Chua Hak Bin speaks with Saktiandi Supaat, Head of Forex Research at Maybank on his latest ASEAN Macro report. For the full conversation with other analysts at Maybank, go to the latest Weekly Briefing episode on ASEAN Speaks.

In this video, we're sharing the latest news from Pattaya and Phuket. As of today, 10,000 Thai Baht (about US$258) will be given to all Thai citizens as a sign of goodwill. Additionally, the visa requirements for Chinese tourists to Thailand have been eased. This is great news for Phuket and Pattaya tourists, who now have more options when it comes to travelling to Thailand. Be sure to check out the latest news from these beach towns today!--Tourist visa requirements eased for Chinese visitorshe government has further relaxed its tourist visa requirements and shortened the standard time required for approving visas for Chinese visitors in a bid to make the process easier for people visiting the country.Source - The Bangkok PostPheu Thai to revive ‘digital wallet'The Pheu Thai Party intends to reintroduce its 10,000-baht digital wallet programme once the government it is forming takes office, says deputy secretary-general Paopoom Rojanasakul.Source - The Bangkok PostPatong massage parlour raidedPHUKET: Police have raided a massage parlour in Patong that was operating without a licence and providing masseuses under the age of 18.Source - The Phuket NewsPatong officials arrested for corruptionTwo officials at Patong Municipality have been arrested for extorting B250,000 from a business owner wanting to change the permit of use for his building under the Building Control Act 1979. The two also demanded an extra B50,000 for ‘services rendered'.Source - The Phuket News - Thaiger NewsDon Mueang police slammed for being lenient towards aggressive foreignerPolice officers at Don Mueang International Airport have been criticised by netizens for not using cracking down on an aggressive Chinese tourist who caused a commotion at the airport in Bangkok on Wednesday night.Source - The Nation Thailand--Want to support the show? Then why not buy me a coffee! You can do so by following the link belowhttps://www.buymeacoffee.com/thaiexpatshow--Interested in starting your own podcast like the Thai Expat Daily Show? I use Buzzsprout and I can't recommend it highly enough. It makes everything super easy. Sign up today to get on the path to making great podcasts!https://www.buzzsprout.com/?referrer_id=1751572--Check out our website and forum - https://www.thaiexpatdailyshow.com--LIKE & SUBSCRIBE for new videos every dayhttps://www.youtube.com/channel/UCB8khQ_NapVMDiW09oqL-rw--Listen to our podcast on Spotify, Apple, and Amazon or on our podcast website: https://thaiexpatdailyshow.buzzsprout.com--Facebook - https://www.facebook.com/thaiexpatdailyshow--#thaiexpatdailyshow #thailandnews #phuketnewsSupport the show

What's taken a bite out of ComfortDelGro's earnings?  How could two big mergers reshape the global energy marketplace, and what could this mean for the share prices of the companies involved? The prices of platinum and coffee are moving up, so how do you invest in them? Michelle Martin dives into what market watchers are discussing this morning, for the details.See omnystudio.com/listener for privacy information.

Singapore shares started the week lower after US equities ended down on Friday. In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,204.36 points after 63 million securities changed hands in the broader market. In terms of companies to watch for today, we have Genting Singapore. The company announced on Friday that its net profit more than tripled year-on-year to S$129.2 million for the first quarter ended March, though this is no reason for optimism if we dive deeper into the numbers.  Elsewhere, investors continue to monitor more developments out of the US including plans to resume debt ceiling talks tomorrow, and the meet-up between Tesla's CEO Elon Musk and Samsung Electronics' executive chairman JY Lee and the odds of a possible alliance. On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.

What was behind the OPEC+‘s surprise oil cut decision? What's the impact of Taiwanese President's visit to the US on markets? And why is the Thai baht appreciating? Michelle Martin investigates with Stephen Innes, Managing Partner, SPI Asset Management. See omnystudio.com/listener for privacy information.

Expat Thailand: Why a 1/4 of your Assets should be in Emerging Markets like Thailand? More buying POWER! - More Investors entering these markets! - Diversifying your Portfolio! - Thai Baht at Historic LOWS! Timing! - Thailand is one of the top destinations for Tourists and future Expats! Resort Living at its BEST! Exclusivity - Privacy - Gated Communities with First-Class services & amenities in the best Locations throughout Bangkok & Beach Cities! Our Mission: Assisting our affluent clientele (and investors) in relocating their luxury lifestyle to Thailand, and creating an "Income-Generating" real estate portfolio. Specializing in Bangkok & Beach Cities. Expat Thailand Podcast Season 10! Will & Aoy Roadhouse "30+ yrs working with Affluent Clientele!" Compass Group International (est. 2002) Thailand Commercial & Luxury Real Estate Specializing in Beachfront Homes & Boutique Hotels International Real Estate Planning & Asset Management All Social Media & Podcast Apps (search): Will Roadhouse --- Support this podcast: https://anchor.fm/willroadhouse/support

On today's showBaht freefall could hit 38THBGreenlight given for Robinhood and Grab to operate an app-based taxi and bike taxi servicesThailand's Emergency Decree to end on September 30thPhuket sees 4m, foreign touristsThe Phuket Pattaya News Report

Some analysts in the United States suggest that interest rates there could reach 2.7% to 3% by the end of 2022 leading to a wider divergence between interest rates stateside and in Thailand where even if the central bank does raise rates from August, most economists predict that they will only reach 1% by the end of the year, leaving a wider spread, thus encouraging capital flight and further deprecation of the baht. https://www.thaiexaminer.com/thai-news-foreigners/2022/06/10/concern-for-baht-and-financial-liquidity/ Joseph O' Connor reports from Bangkok.

Welcome to the first ever episode of The Underdog Vet Podcast! I am ridiculously excited for you to hear this episode. For the very first 'Animal Advocate Interview' I chatted with the inspirational Michael Baines. A chef by profession but a dog rescuer by choice Michael left his native Sweden and moved to Thailand in 2002 where he has become known as the man that rescues dogs. Michael is the President and Co-Founder of The Man That Rescues Dogs Foundation. Since it was established in 2011 the Foundation has grown massively and now cares for more than 1000 dogs. It has taken over the running of the local government dog shelter and has a fully equipped free of charge veterinary clinic. Michael and I talked about how he got into rescuing dogs, how the Foundation started, living with 18 dogs in your home and of course the Wheelchair Mafia! The Foundation's work includes neutering of cats and dogs in its veterinary clinic, caring for 690 dogs in its sanctuary and feeding some 350 dogs living on the streets. They also educate the local community about keeping pets and that a pet is for life. Also 6000 Thai Baht is about £135 or USD$170. Michael used some terms some listeners may not be familiar with: TVT are Transmissible Venereal Tumours, a malignant tumour common in street dogs in Thailand (here's a link for more information on these tumours in dogs https://www.msdvetmanual.com/veterinary/dog-owners/reproductive-disorders-of-dogs/transmissible-venereal-tumor-in-dogs). Vincristine is a chemotherapy drug often used in treating cancers. Links: The Man That Rescues Dogs website: https://tmtrd.org/ The Man That Rescues Dogs Facebook Page: https://tmtrd.org/ Facebook page: https://www.facebook.com/tmtrdorg/ The Man That Rescues Dogs Instagram page: https://instagram.com/themanthatrescuesdogs?utm_medium=copy_link How you can help: https://tmtrd.org/how-you-can-help/ Clips: The Wheelchair Mafia on Instagram: https://www.instagram.com/reel/CUPeDGSsqrc/?utm_medium=copy_link The Wheelchair Mafia on Facebook: https://fb.watch/c07KPsR0wI/ Clip that went viral in 2015 mentioned by Michael: https://fb.watch/bNO-H-2Axs/ The Wheelchair company Michael uses for The Wheelchair Mafia: https://www.handicappedpets.com/ --- Send in a voice message: https://anchor.fm/the-underdog-podcast/message

The Russian invasion of Ukraine extends into its second week, and its military assault coupled with mounting sanctions on Moscow are boosting oil prices, stoking inflationary fears, and roiling markets and currencies. JP Ong spoke to Vishnu Varathan, Mizuho's Head of Economics and Strategy, to discuss the risks of stagflation, how the Federal Reserve may respond, and his outlook on both the Chinese Yuan and the Thai Baht. See omnystudio.com/listener for privacy information.

A recession strikes the global economy once every seven or eight years on average, and another one will happen in the future. That's for sure it's just a matter of when? So what currencies do you want to be holding? In this video, our new guest host Reid Kirchenbauer, the founder of InvestAsian, shares Three Best Currencies to Hold in a Recession. 00:00 Start 2:11 Thai Baht 3:51 Korean Won 4:53 Singapore Dollar https://nomadcapitalist.com/ Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best". Work with Andrew: https://nomadcapitalist.com/apply/ Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort. About Andrew: https://nomadcapitalist.com/about/ Our Website: http://www.nomadcapitalist.com Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist Buy Andrew's Book: https://amzn.to/2QKQqR0 DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

Digital Thai Bath คือ สกุลเงินดิจิทัลที่ออกและควบคุมโดยแบงก์ชาติ ซึ่งมีความแตกต่างจากคริปโทเคอร์เรนซีอย่างมาก แล้วการมาของสกุลเงินดิจิทัลที่ออกโดยธนาคารกลาง ถือว่าเป็นเครื่องยืนยันได้มั้ยว่าคริปโทฯ คือ โลกอนาคตของระบบการเงิน พี่ทุยชวนมาฟัง Podcast ใน EP นี้กัน

The start of August saw the greenback show signs of firming up after weeks of weakness, as more Fed officials strike more hawkish tones. Meanwhile, market uncertainty boosted safe haven currencies like the Japanese Yen and the Swiss Franc, while resurgent COVID-19 outbreaks weighed on ASEAN currencies like the Thai Baht and the Philippine Peso. Han Tan, Exinity's Chief Market Analyst, joined us on Forex Fridays to discuss the week that was in the FX space. See omnystudio.com/listener for privacy information.

"The Thai baht goes from Asia's best performing currency to the worst!" Why this is a good thing? International Investor EP111: Thai Baht takes a DIVE! Why NOW is the best time to Buy Thai Real Estate! - Buy LOW sell HIGH! - How to invest in the Thai Baht? - The biggest financial crash is upon us! - Why you should sell everything - move to Thailand and Retire? Our Mission: Assisting our affluent clientele (and investors) in relocating their luxury lifestyle to Thailand, and creating an "Income-Generating" real estate portfolio. Specializing in Bangkok & Beach Cities. Based in Thailand - Costa Rica - USA: ROADHOUSE INTERNATIONAL (and COMPASS GROUP INTERNATIONAL) is an International Real Estate Consulting Firm solely dedicated to helping Investors & Homeowners find (or develop) their next Boutique Hotel, 5-Star Mega Resort, Commercial Building, or Luxury Home! See you in Thailand! Will & Aoy Roadhouse Will@1Compass.net Roadhouse International (Commercial & Luxury Real Estate) Specializing in off-market Hotel Listings & Luxury Homes! International Real Estate Consultant & Asset Management Compass Group International (est. 2002) All Social Media Apps (search): Will Roadhouse Facebook Page: @WillRoadhouse Spotify - Anchor - Soundcloud Podcast Channels: @WillRoadhouse iTunes - Amazon Music Podcast Channels: @WillRoadhouse YouTube: @WillRoadhouse Instagram: @WillRoadhouse Twitter: @WillRoadhouse --- Support this podcast: https://anchor.fm/willroadhouse/support

FOMC expectations, China's industrial production and retail sales, Singapore's exports, the Thai Baht and Ringgit strengthening, and the MCO impact on Malaysia's labour markets. The Morning Run gets into all this and more with UBP's senior economist Carlos Casanova.

Follow me, Nicholas, on Instagram, for more motivational content and a sneak peek into my daily activities:Instagram @TeacherinyourpocketYouTube Channel Medium ArticlesTo purchase one of my books, please view the links below:For Bright Bored & Disruptive StudentsFor Tired Frustrated Angry Morose TeachersFor all other bookings, requests, comments, and contact information, please visit my website.

10min Expat Thailand Edition EP5: Don't worry about FLUCTUATIONS in the Thai Baht! - Why it's not important to an expat? - Thai "inflation?" - It's insignificant...little to no impact to your lifestyle or retirement! - Don't sweat it...no need for concern. - Opening a Thai bank account. Our Mission: Assisting our affluent clientele (and investors) in relocating their luxury lifestyle to Thailand. Specializing in Bangkok & Beach Cities. Based in Thailand - Costa Rica - USA: ROADHOUSE INTERNATIONAL (and COMPASS GROUP INTERNATIONAL) is an International Real Estate Consulting Firm solely dedicated to helping Investors & Homeowners find their next Boutique Hotel, 5-Star Mega Resort, Commercial Building or Luxury Home! See you in Thailand! Will & Aoy Roadhouse Will@1Compass.net Roadhouse International (Commercial & Luxury Real Estate) Specializing in off-market Hotel Listings & Luxury Homes! International Real Estate Consultant & Asset Management Compass Group International (est. 2002) All Social Media Apps (search): Will Roadhouse Facebook Page: @WillRoadhouse Spotify - Anchor - Soundcloud Podcast Channels: @WillRoadhouse iTunes - Amazon Music Podcast Channels: @WillRoadhouse YouTube: @WillRoadhouse Instagram: @WillRoadhouse Twitter: @WillRoadhouse --- Support this podcast: https://anchor.fm/willroadhouse/support

Louis Teo, Market Strategist, Fullerton Markets shares his market outlook, including which sectors will benefit most from the "Blue Sweep" and how much more momentum is behind the Bitcoin rally. See omnystudio.com/listener for privacy information.

The start of December yielded some interesting questions for the FX space. Will the growing bickering surrounding Brexit trade talks hit the British Pound? How much more can the South Korean Won flex? And will the Thai Baht's recent strength persist? Stephen Innes, Chief Market Strategist for AxiCorp, joined us on Forex Fridays to discuss. See omnystudio.com/listener for privacy information.

Thailand's battered tourism industry stands to gain much from the possible rollout of COVID-19 vaccines and an end to the drawn-out pandemic. We spoke to Maria Lapiz, Managing Director of Maybank Kim Eng Thailand on Across the ASEAN, for the group's outlook on Thai markets, from equities, IPO's and even the Thai Baht. See omnystudio.com/listener for privacy information.

With Singapore's manufacturing data still weak and the country being a proxy to global trade and demand, what does this say about the trajectory of recovery? Thailand's export numbers are also similarly weak and the strength of the Thai Baht doesn't help. This week, our equity and macro strategists will give their perspectives on these key developments, and what it means for different asset classes. We will also give a run down of Maybank Kim Eng's top calls for ASEAN banks as well as the Indonesian Property & Mining sectors.

Retire in Thailand EP 10: Why are people leaving the US & UK to 2nd world countries? The vicious "Business Cycle?" You've been through multiple financial (and economic) crashes... Why the "Thai Baht" and "Fluctuation of the Thai economy had no impact on the foreign Expat!" Why most Expats and future retirees are asking the WRONG questions and searching for the WRONG ANSWERS? Enough...is Enough! "I'm tired of the Rat-Race!" I want "real personal relationships with people!" NOT, virtual "connections" on social media! Start planning your move (retirement) now! And much more! See you in Thailand! Will & Aoy Roadhouse Roadhouse International (Commercial & Luxury Real Estate) Specializing in off-market Hotel Listings & Luxury Homes! International Real Estate Consultant & Asset Management Compass Group International (est. 2002) All Social Media Apps (search): Will Roadhouse Facebook Page: @WillRoadhouse Spotify - Anchor - Soundcloud Podcast Channels: @WillRoadhouse iTunes - Amazon Music Podcast Channels: @WillRoadhouse YouTube: @WillRoadhouse Instagram: @WillRoadhouse Twitter: @WillRoadhouse --- Support this podcast: https://anchor.fm/willroadhouse/support

On Market View, Claressa Monteiro and finance presenter JP Ong discuss Chinese PMI numbers, rebounding on Wall Street, and the weakness in some Asian currencies, specifically the Indonesian Rupiah and Thai Baht. See omnystudio.com/policies/listener for privacy information.

Thai markets have been on a solid road to recovery with the country making solid progress in controlling the COVID-19 outbreak and the gradual reopening of their economy. But current valuations for Thai stocks are among the priciest in Asia. Win Phromphaet, CIO of Principal Asset Management in Bangkok, joined us on Across the ASEAN to tell us what he's telling clients, and his thoughts on the Thai Baht.

This episode 2 describes the process of purchasing 96.5% gold in the Thai gold shops in Bangkok versus buying customized gold jewelry from seller on-line selling through eCommerce. Tom Pryor discusses selling the gold back to gold shops, where to have purity tests performed and what information you need to place an order. Why you need to look for purity stamps and some gold designs that can not have purity stamps applied. Thai Baht gold is 96.5% pure which is a little over 23k. It is bought and sold by the International gold spot price every day in all of Thailand with the hub being the China town district in Bangkok. Tom has 20 years of experience in gold trading in Thailand.

BAHT GOLD JEWELRYThe ins and outs of purchasing high karat gold in Thailand. A supplemental to our YouTube videos on the basics of Thai Baht gold investment. A discussion based on the Baht gold jewelry phenomenon and how you can be a part of it. Arming you with the necessary knowledge to successfully purchase investment jewelry in the 96.5% purity, and to benefit from your purchase. This podcast is the first of a series and also updates the status of the current Coronavirus (Covid19) in Bangkok Thailand. Covid19 Bangkok update for March 25, 2020How we got started in purchasing Thai Baht goldHow is it special?The value considerationsWhat it's like going into a gold shop in China townThe "Baht" as a weight and as a currencyHow to get the best workmanshipTransparent pricing and long term value

With the novel coronavirus spreading like bushfire all over the world, it is a terrifying time for both individuals and businesses. The future is indeed uncertain, and the anxiety is setting in. Andrew Stotz has lived through many different personal and financial crises over the years. Today he shares his story of loss. It’s not his worst investment but his worst personal moment, and it came with lots of lessons that we can all borrow from to carry us through the current COVID-19 pandemic and the looming economic crisis.   “Stay calm, and look forward to a great future because things will turn around.” Andrew Stotz   Worst moment ever The calm before the storm It was around 1995, and I was riding high as a stock market analyst in Thailand. I had been promoted to be the head of research of W.I. Carr, which was the number one foreign broker in Thailand at the time. All was going well. My best friend Dale came to visit and suggested we set up a coffee business in Thailand. Initially, we were going to buy coffee from other roasting companies, package it, and then sell it. However, we couldn’t find companies that would be able to produce the coffee to our standard, so we decided to build a coffee factory. Well, no problem. I was making good money and had already saved a lot. Dale moved to Thailand, and we set up CoffeeWORKS. We started our sales in 1996. Riding my first wave of a financial crisis In 1997, the Asian financial crisis happened. I remember walking into work in July, and the news was that the Thai government could no longer defend its currency, the Thai Baht, and it was going to collapse. The collapse soon started. The Baht at that time was 25 to the US dollar. By the end of 1997, it was at 60 Baht to the US dollar. Companies that had US dollar debt were in serious trouble because they didn’t have enough money to pay it back. The economy started to collapse, and everything got worse. Our plans for our business soon disappeared. We had plans to sell coffee to many companies as the economy was expanding in Thailand before the financial crisis. But instead, our sales dried up to almost nothing. Every day, we saw no new customers come in, and existing customers disappeared. And of course, no income. Yet we still had a factory and people working in it. Gloom was setting in fast. Riding my second wave of loss As if the poor launch of our coffee business was not enough, in April of 1998, I lost my job working in an investment bank. All of a sudden, we had a business and a factory, and a lot of costs, but no revenue, and no employment for me to feed the cash needs of the company. There was very little hope that I would get a job again in the financial industry because everything seemed to be decimated by the collapse that had now hit Thailand, Indonesia, Malaysia, and later on many other countries in Asia. Time to scale down Dale and I had lived together in a house in Bangkok. We decided to move out to cut down costs. So we moved into the coffee factory. We moved the sales team out of one of the rooms that had air conditioning, put two beds in it, and it became our new home. It was like going back to college days, two beds, one room, and a bathroom outside of that room. The angel of doom visits again One day in August of 1998, Dale and I had woken up to an empty factory. No workers, nothing going on, it was raining heavily outside, and it was just a depressing day. I got a call from my sister Kelly, and she said that her cancer had come back. The doctor said she had only one month to live. She asked me to go home to see her. When I hung up the phone, Dale and I looked at each other and just cried. We were at the absolute bottom that August Sunday of 1998. A professional bottom and a personal bottom. Within one week of arriving in America, my sister passed away. I got one week to spend with her. I stayed for a couple more weeks with her family, and then I had to come back to Thailand. I came back completely depressed and defeated. Time to buckle up and deal with all the loss Dale decided that living in the factory would eventually break us and so we moved into a tiny low-cost apartment nearby that cost $150 per month for the two of us. I was so depressed to even think about our coffee business. Dale is an Iron Man, and he kept doing the next best thing that he could do to continue the business. Dale was a very honest and sincere man during these desperate times, and he continued slowly. In 1999, I got a call for a job offer to work for a bank. The economy was starting to go up slowly. CoffeeWORKS began to recover as Dale continued making the next right steps. We made mistakes along the way, but today we’re a company with more than 100 staff in a robust business, and we’re celebrating 25 years in existence. Lessons learned You can’t stop an economic crisis When a financial crisis comes, there’s not a lot that you can do to change it. You’ve got to buckle down, keep your costs low, and come up with ways to cope with the situation because it isn’t going to turn around quickly. Don’t let desperation lead you astray Don’t cheat, lie, steal, or do other things that some people do in times of desperation. Everyone is suffering, don’t add to their suffering by being inhumane. Keep walking forward In times of crisis, small businesses are trapped. You can’t sell the company because no one wants to buy, and you are not making any sales to secure your future. All you have to do is to keep moving forward until the dust settles down. Actionable advice When a crisis comes, take it easy. Don’t let panic and fear drive you into the ground. You will make it. It’s just going to happen slowly, step by step. Don’t cheat or defraud people. But if you can’t pay, just tell them, “I can’t pay right now.” And work it out together. No. 1 goal for the next 12 months My number one goal for the next 12 months is to have 80% of my company’s revenue come from my online courses and other digital assets. Parting words   “Take it easy, stick close to the people that you love and the people that care about you.” Andrew Stotz   Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr.Deming’s 14 Points Andrew’s online programs Valuation Master Class Women Building Wealth The Build Your Wealth Membership Group Become a Great Presenter and Increase Your Influence Transform Your Business with Dr. Deming’s 14 Points Connect with Andrew Stotz: astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast  

Thai Baht movement in 2020. Five events/factors to watch.

Investerarna Anna Svahn och Karl-Mikael Syding diskuterar denna vecka bombsäkra alternativ på oroliga marknader. Några av ämnena som tas upp är noteringen av We Work, eller the WE company som det bytt namn till, de tilltagande kravallerna i Hong Kong, valutornas konung Thai Baht, guld, Burning Man och Gotland. 00:30 - Mannen som uppfann tystläsning 03:00 - INTRO, det skakar på marknaderna 04:30 - Krypto 07:20 - We Work, årets farligaste short 10:40 - Grönland, Gotland och greenbacks 13:20 - Handelskriget 15:40 - Thailändska Baht 18:50 - Griskrisen gynnar kycklingar 21:20 - Monopolanalys och eviga sanningar 23:20 - Vapen och sammanfattning 24:40 - Så gör kryptokunskap dig antifragil

Investerarna Anna Svahn och Karl-Mikael Syding diskuterar denna vecka bombsäkra alternativ på oroliga marknader. Några av ämnena som tas upp är noteringen av We Work, eller the WE company som det bytt namn till, de tilltagande kravallerna i Hong Kong, valutornas konung Thai Baht, guld, Burning Man och Gotland. 00:30 - Mannen som uppfann tystläsning 03:00 - INTRO, det skakar på marknaderna 04:30 - Krypto 07:20 - We Work, årets farligaste short 10:40 - Grönland, Gotland och greenbacks 13:20 - Handelskriget 15:40 - Thailändska Baht 18:50 - Griskrisen gynnar kycklingar 21:20 - Monopolanalys och eviga sanningar 23:20 - Vapen och sammanfattning 24:40 - Så gör kryptokunskap dig antifragil

Stephen Innes, Managing Partner, VM Markets gives his take if jitters are overblown over the uptick in US-China trade escalations on the currency front, and if safe haven plays such as gold and Thai Baht still have upside. 

FXTM's Han Tan joins us on Forex Fridays to look at the landscape of Forex markets in the second half and before the upcoming US-China showdown on the sidelines of the G20 summit. He also touches on the race to the bottom of the world's central banks, and why he's taking a closer look at the Thai Baht.

ANZ's Head of Asia Research Khoon Goh speaks to Prime Time about what drivers markets are looking forward to in the month of May. He also touched on trade talks, the Fed, why the Central Bank of Thailand might hike rates and if we might see a flash crash while Japanese markets are on holiday.

You too can learn Thai. Episode 15 You will: - learn sentences to be used at the money changers; - learn currency names; - practice how to express an amount of money; (www.youtoocanlearnthai.com / youtoocanlearnthai@gmail.com) ** Timestamp ** [01:11] All sentences [04:04] Explanation [18:16] Summary [20:11] Quizzes ** Sentences ** Thai transcription provided by thai-language.com. Capital letters at the end of each syllable indicate tones. ที่นี่รับแลกเงินไหม theeF neeF rapH laaekF ngernM maiR “Do you provide currency exchange service here?” “Can I exchange money here?” ขอแลกเงินดอลลาร์เป็นเงินบาท khaawR laaekF ngernM daawnM laaM bpenM ngernM baatL “I would like to exchange Dollar to Thai Baht.” ขอแลกเงินห้าร้อยดอลลาร์เป็นเงินบาท khaawR laaekF ngernM haaF raawyH daawnM laaM bpenM ngernM baatL “I would like to exchange 500 dollars to Thai Baht.” อัตราแลกเปลี่ยนเท่าไหร่ atL raaM laaekF bpliianL thaoF raiL “What is the exchange rate?” หนึ่งดอลลาร์แลกได้สามสิบสองบาท neungL daawnM laaM laaekF daiF saamR sipL saawngR baatL “You can exchange 1 dollar for 32 Baht.” “The exchange rate is 32 Baht for 1 dollar.” ห้าร้อยดอลลาร์แลกได้กี่บาท haaF raawyH daawnM laaM laaekF daiF geeL baatL “For 500 dollars, how much do I get in Baht?” ห้าร้อยดอลลาร์แลกได้หนึ่งหมื่นหกพันบาท haaF raawyH daawnM laaM laaekF daiF neungL meuunL hohkL phanM baatL “For 500 dollars, you get 16000 Thai Baht.” “500 dollars can be exchanged to 16000 Baht.” ขอแบงก์ย่อยด้วยได้ไหม khaawR baaengM yaawyF duayF daiF maiR “Can I have small denomination banknotes as well?” ขอแบงก์ร้อยด้วยได้ไหม khaawR baaengM raawyH duayF daiF maiR “Can I have the one hundred Baht banknotes as well?” ** Currencies ** บาท baatL “Baht” ดอลลาร์ daawnM laaM “Dollar” ดอลลาร์ออสเตรเลีย daawnM laaM aawtL dtraehM liiaM “Australian dollar” ดอลลาร์แคนาดา daawnM laaM khaaeM naaM daaM “Canadian dollar” ดอลลาร์สหรัฐฯ daawnM laaM saL haL ratH “US dollar” ปอนด์ bpaawnM “Pound” ยูโร yuuM ro:hM “Euro” เยน yaehnM “Yen” หยวน yuaanR “Yuan” ** Contact ** Write or send your voice clip to: youtoocanlearnthai@gmail.com. Questions, comments, ideas for future episodes are all welcome. ** You may also like ** Episode 13: How to talk about illness and describe your symptoms in Thai

In Episode 106 we welcome market vet, Brian Singer. Meb dives right now, asking Brian for his general approach to the markets. Brian tells us it’s fundamental in nature. They look at about 100 different asset markets, trading the broad markets rather than individual equities or bonds. They look for mis-pricings, then when one has been identified, they dig in, running both quantitative and qualitative analyses. They follow this with various risk management strategies. The overall portfolios are both long and short. As Brian often writes about macro factors that affect asset prices, Meb asks which macro factors are influential today. Brian gives us his thoughts – not just on macro factors, but game theaters as well. He talks about populism, energy (which ties into the Middle East game theater), and Chinese growth. Additional game theaters beyond the Middle East he discusses are the European Union and Asia. Next, Meb asks about Brian’s process. How does it really work when you’re putting together a portfolio? Brian starts with valuation work. Specifically, they focus on the present value of future cash flows. They then assess things from a qualitative perspective – for instance, how might a certain government policy affect markets? They don’t look at markets on a company-by-company basis. It’s a macro approach, with fundamental value being a critical component. All of this is the “where” stage in Brian’s process. Next is the “why?” For instance, why does an asset mis-pricing exist? This eventually leads to game theory and an assessment of market turbulence and fragility. Meb brings up Brian’s portfolio and asks about his current positioning. In general, Brian is cautiously optimistic on some equity markets, but generally against bonds. What he finds attractive right now from an equity perspective are Emerging Markets and some European markets. He’s especially attracted to Greece, Brazil, Argentina, and India; and to a lesser degree, China, Indonesia, and Malaysia. Brian talks more about Italy, Spain, and the UK. Brian tells us most bond markets are unattractive. He gets into more detail regarding investment grade bonds, sovereigns, and junk. Soon, the guys dive into currencies. Though most investors tend to think “it’ll all net out in the long run,” Brian takes a more active approach. The specific currencies he finds attractive right now include the Swedish Krona, Indian Rupee, Russian Ruble, Philippine Peso, and Turkish Lira. As to overvalued currencies, he points toward the U.S. Dollar, the Euro, the Swiss Franc, the Thai Baht, and the Israeli Shekel. Next, Meb asks what is keeping Brian up at night as he looks at the markets today. Brian points toward four major concerns: monetary policy, rules-based strategies such as smart beta, the Volcker Rule, and circuit breaker inconsistency. He dives into tons of great detail that supports the notion for some concern, concluding “We don’t know what will trigger the decline, but when it happens, our fear is that it’s sharper and deeper than investors would otherwise expect.” There’s plenty more in this episode: Brian’s thoughts on what steps can be taken to help protect against a declining market… his stance on cash in a portfolio… whether the 10-year bond will ever get back to 4%-5%... and finally, Brian’s most memorable trade. This one involves Black Monday. Hear all the details in Episode 106.

In the eighth episode of our series on the Asian financial crisis, we spoke with Don Hanna, a prominent international economist who has advised investors on Asia for over three decades. Don has worked as an economist at a variety of global financial institutions and multilateral organizations and lived in the region for 16 years. He has written extensively on Asia’s economic and financial development since the crisis. Some of the key takeaways of our conversation include: Foreign investors had a more nuanced view of Asia during the crisis than is commonly acknowledged. While some prominent hedge funds were famously short the Thai Baht, they had a more balanced view of other Asian economies, such as Indonesia.   Investors often confuse the difference between real and nominal rates when investing in overseas markets. This can lead to insufficient risk analysis and, in the worst case, rapid outflows when investors suddenly discover the difference.   While capital controls can be helpful as a country slowly liberalizes its financial system, sound regulation is arguably more important in preventing and managing crises.   Since the crisis Asian economies are increasingly issuing debt in their own local currencies. This is a noteworthy development and has the potential to reduce the risks associated with currency mismatches.   Financial innovation to spur productivity growth, but that innovation can create risks that are often unforeseen and perhaps unknowable in advance. Regulators have to find a balance between promoting innovation and controlling risks.

On today’s episode of Trend Following Radio Michael Covel interviews Jim Rickards. Jim was front and center during the 1998 LTCM blow-up. He was a partner and general counsel for Long Term Capital Management. Following their blowup, he was principal negotiator in the 1998 bailout of LTCM by the Federal Reserve. He has had a bird’s eye view of some of the most interesting events in the economy over the last 20 years. Michael and Jim dive right into the sequence of events that lead to the devaluation of the Thai Baht in May of 1997. Jim then goes into the chronology of events that took place leading to the fall of Long Term Capital Management. He makes clear that LTCM had some of the brightest brains in finance working for them at the time, including Nobel Prize winners and a vast number of PhD’s from MIT, Harvard, Stanford, Yale, etc. Jim summarizes the events prompting Russia to default on their debt which let loose a sequence of events leading to LTCM losing four billion dollars in one month. Wall Street cared not for the four billion LTCM loss but because they had over 1 trillion dollars of derivatives contracts tied to LTCM positions. Many thought all of Wall Street would have been taken down if LTCM went down. That was when the Fed intervened and organized a bailout. Jim goes on to talk about the changes that took place and the lessons that were learned from the fall of LTCM. He says the three lessons that should have been taken away from the crisis were; derivatives are dangerous, leverage is dangerous and getting banks involved is dangerous. The changes started with repealing Glass Steagall in 1999, rewriting laws so they could do “swaps” on everything, and then in 2006 the SEC changed leverage rules on brokers. So in short regulators ended up doing the complete opposite of what they should have learned from LTCM. Michael asks the question, “Why were the same people who were saying that the economy was great till the day it crashed, the same people that were responsible for fixing it?” Jim says policy makers never see bubbles. He gives two possible explanations for why policy makers act as they do; conspiracy or complete incompetence. He believes it is more incompetence rather than a conspiracy and goes on to explain why. Michael and Jim then dive into “models”. If you have the wrong models you will get the wrong results every time. Michael notes that the right models are rooted in behavioral finance. Jim notes that the Fed does not use behavioral economics. Jim talks about the three elements that his model is based on: behavioral finance, complexity theory and inverse probability. He goes into great depth on what all of those models are and gives real life examples for them.

Happy Valentine's Day!We have finally left the beach and are in our second country, Cambodia.To listen to the podcast click here!9th FebAfter waking up relatively late due to a long night of celebrations for Casey’s birthday, we had decided to stay in Koh Samet for two more nights. We found out that our current room has been previously booked, so we had to find some new accommodation. We walked around for about an hour in the rain trying to find a hotel, until we eventually found one just around the corner. Fortunately for us, the hotel was much nicer then the first and at the same price of 500 baht, or approximately A$16 for us both, was a steal. We inevitably spent the day relaxing by the beach reading, before Casey enjoyed a run on the beach. The day was then finished off by having dinner with some friends we’d made the day before, by the beach of course.10th FebAs our final day on Koh Samet, we decided to make it count with some serious beach work. I, unfortunately for me, was roomridden due to a very mild bout of the runs, the first victim of what I’m sure will inevitably reoccur during our trip. Luckily that passed within a few hours and I was able to join Casey on the beach where he had accrued additional sunburn whilst reading his book and taking photos as you have probably seen in the tabs above (if not, check them out!). We enjoyed a bit of a workout session on the beach before a light run and enjoyed our final night by having another dinner on the beach at a place we’d frequented every night bar one.11th FebWe were keen to go to Cambodia, and utilising the liberated Lonely Planet guide we had an extremely rough idea about how we intended to get there. We got off the island much later the expected and luckily were ushered to a minivan company, which did visa runs to Cambodia. They suggested we headed to the city Pailin, just across the border and then make our way to Battambang. We had no idea where Pailin was as it was not listed in the lonely planet, so we spent the next few hours on a bus that dropped us in a Thai city just near the border that we still have no real idea about. After waiting at an outdoor restaurant for an hour, we were both forced to learn our first real words in Thai, the words for “public toilet”. This was mainly due to Casey’s failed attempt of a hand rubbing gesture, which made a lady gesture towards a tap….. We caught another minivan to the Cambodian-Thai border, which was typical of a Thai town, happy people, colourful, graveled roads and buildings that I still would have considered pretty rudimentary, until we crossed the border and saw the ultimate contrast. The border crossing was relatively painless, but as we crossed, we were hounded by men pulling up on motorbikes for lifts and taxi rides on the now dirt road. We ended up acquiring the help of an English speaking tourist advisor (who obviously would get commission out of any sale he assisted in) we reluctantly paid for a taxi to Battambang as the suggested alternative was to stay in a hotel that looked like it would be robbed the second we fell asleep. The roads we travelled down were mostly ungraded as we avoided potholes after pothole as we passed houses that were now made of wood and straw in the most part, we could visually see the difference between Thailand and Cambodia, and the harsh history of the country really did start to become highly evident. The taxi driver was in fact one of the men that had been stalking us down the street earlier, yet through his limited English, we could tell that he was actually a really nice guy as he stopped off at picturesque locations so we could take photos. After working out the debacle of paying the driver in Thai Baht and American dollars, which we have now learnt is interchangeable with Cambodian currency, the Riel (1 to approx. 4000), we found a nice hotel. Battambang was obviously quite a touristy town, but it was a nice place to start in Cambodia.12th FebThe night before we had organised a Tuk Tuk with three other people to go around and see the local sights of Battambang for the day. We first ventured to the Bamboo train, which is just a rectangle formed by pieces of bamboo to utilise abandoned French train tracks. This was great to get a few pictures of the Cambodian countryside. We then went to a very old yet beautiful temple that was reached via a rather steep set of stairs at Phnom Banan. We then went to the only winery in Cambodia and had a wine tasting.  There is a reason there is only a single winery in Cambodia. I have a feeling we were drinking gasoline infused with grape juice…. Our final and most confronting destination so far was to a set of temples; bat infested caves and “The Killing Caves” at Phnom Sampeau. Visiting the latter definitely put things into perspective for us, as we learnt about the bloody atrocities committed by Pol Pot and the Khmer Rouge during their relatively recent reign. This did not completely hinder the enjoyment of seeing the temples in the area, visiting a monastery where monks were living and accidently disturbing numerous classes of students in a school as they all wanted to wave and say hello as we passed. We then watched a consistent stream of bats leave their cave for roughly 20 minutes. It was truly incredible to see them uniformly weave into the distance and even more interesting to watch from a platform next to the head of a 30 metre Buddha being carved into a cliff face. We then went back to town and enjoyed a traditional Cambodian dinner with our friends from the Tuk Tuk.13th FebWe decided to set out towards Siem Reap, which is the town that is within reach of Ankor Wat. We boarded a relatively small boat that uncomfortably took roughly 9 hours to reach Siem Reap port, passing by floating villages and the friendliest people, always waving and smiling. We then caught a Tuk Tuk into town finding out that most accommodation was full at this point, spending an hour with our packs trying to find a place to stay. We had to break the accommodation budget for the first night, yet we had a pretty nice air conditioned room. We ventured out into Siem Reap to discover how expectedly touristy it really was. There’s a street called “Pub street”, enough said. We visited the night markets, which is really just stall after stall of relatively similar merchandise such as the Khmer scarf.14th Feb – Valentine’s Day!That brings us to today, a day we have decided to relax and try to recover from the sunburn and peeling that has been inflicted on us whilst on Koh Samet and the boat ride from Battambang yesterday. We had a nice scrambled egg breakfast with the most amazing bread either of us was expecting in Asia (probably due to the French influence on Cambodia). We are preparing our next few nights here and our trip to Ankor Wat and the surrounding temples, which is one of the main reasons we really decided to come to South East Asia, hopefully it’ll live up to the hype. Unfortunately for the day, we are each other’s Valentines....We are loving the people we are meeting and the unexpected and different experiences we are already having. We can’t believe it’s only been 9 days. Hopefully it keeps up and you’ll keep reading about our adventures. Hope all is well back home, we both send our love.Make sure you check out the photos on the Cambodia page and add your e-mail address to the subscription box on the left to keep updated.Keep posted.

Optimism seems to be everywhere just as the Federal Reserve's Open Market Committee gets ready once again to pass judgment on where interest rates are headed. The consensus is that Fed chairman Ben Bernanke will keep the federal funds rate unchanged. Part of the reason is that oil prices are down and inflation seems to be under control. Still the bursting of the commodities bubble has not been a universal blessing -- as investors in the Connecticut-based hedge fund Amaranth Advisors discovered after it lost $5 billion in value. The coup in Thailand also raises questions about international business risks. In an interview with Knowledge at Wharton finance professor Jeremy Siegel spoke about these issues and more. See acast.com/privacy for privacy and opt-out information.