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It is anticipated that the Baht would improve

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According to Poon Panichpibool, a market strategist at Krungthai, the value of the Thai baht in relation to the United States dollar will most likely fluctuate between 37.25 and 37.50 throughout the course of the day. According to him, the baht is gaining strength and has already surpassed its support level as a result of the market is more willing to take chances. This is placing stress on the dollar, which is having the opposite effect on the price of gold. According to Poon, if US economic data on Wednesday is worse than expected, the market might think that the US Federal Reserve won’t raise the interest rate because doing so would make the financial market more willing to take risks. This is because raising the rate would make the market more competitive. On Wednesday morning, the exchange rate between the baht and the US dollar opened at 37.40, which was a slight improvement over the rate that prevailed on Tuesday evening, which was 37.60.

Also, it might put pressure on the dollar while helping the baht gain or move sideways near its support level of 37.30 to 37.40. This is the level that importers are seeking in order to purchase US cash.

Bangkok requests that businesses allow employees to work from home till October 7

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The Bangkok Metropolitan Administration (BMA) has urged that businesses enable employees to work from home if at all possible between the dates of October 5 and October 7 as the Thai city prepares for another round of intense downpours.

Residents of the city are ready for another round of intense precipitation. Be cautious when traveling through specific locations because they are prone to flooding. From now until October 7, we should anticipate a lot of rain. In order to lessen the strain on the transportation system, we are requesting assistance from businesses by requesting that employees be given the option to either work from home or come home earlier than usual.

Because of the severe flooding that occurred on Chaeng Wattana Road last night, transportation was completely halted. In order to transport patients to hospitals, paramedics were forced to abandon their ambulances and walk through the water while pulling stretchers with patients on them.

Working from home will lessen the likelihood of getting stuck in traffic and will make it easier to get to medical facilities. The military is making preparations to send out rescue teams and trucks to assist anyone who may be cut off by the flooding. In addition to this, the military is placing two million sandbags in areas around the city that are at risk of flooding. If you are in need of immediate assistance and have been affected by the flooding in Thailand, you can get in touch with the English-speaking Tourist Police of the Thai Government by dialing 1155 from anywhere in the country.

One of the top five places for expatriates to live is Bangkok

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Bangkok is one of the top five ex-pat cities in the world, according to the language-learning portal Preply. On a list of the 60 best cities in the world for ex-pats to live and work, Thailand’s capital city ranked fifth.

The four cities that ended ahead of Bangkok in the rankings were Kuala Lumpur in Malaysia, Tbilisi in Georgia, Lisbon in Portugal, and Dubai in the United Arab Emirates.

Bangkok is the second most affordable city in the world to rent a one-bedroom city center property, after Kuala Lumpur. Preply’s rating of the best places for expatriates is based on eleven distinct relocation parameters. Examples include the average monthly salary, the level of danger prevalent in the place, and the average time required to become fluent in the native tongue. Recently, Bangkok has ranked highly on a substantial number of lists. Bangkok was ranked as the top location in the Asia-Pacific region for its ability to leverage the knowledge leaders it possesses in international associations to attract international conventions, according to a report published in August by a consulting firm that specializes in international conferences. In June, Travel + Leisure Southeast Asia magazine ranked Bangkok as the best city in Southeast Asia, placing it at the top of their list of the 10 best cities in the area. In the same month, a British company ranked Bangkok as the second-best destination for digital nomads to work.