Post by account_disabled on Feb 26, 2024 16:07:55 GMT -12
OSMEP supports SME entrepreneurs Extension of knowledge promotion project Risk management The exchange rate for SMEs doing international trade has been extended for another 6 months , ending on May 14th . Mr. Mongkol Leelatham, Chairman of the Executive Committee Enterprise Promotion Office small and medium sized( OSMEP ) revealed that due to the spread of the COVID - 19 virus , exports have slowed down. And Thai exporters are also being aggravated. Dealing with the problem of currency fluctuations The baht still tends to strengthen despite the economic slowdown. On average, it has strengthened by approximately 5-7%. Therefore, it is seen that SME entrepreneurs still face risks. The project should be expanded to promote knowledge on risk management. Exchange rate for SMEs doing international trade or FX Option for another 6 months after the project has been implemented. The first project was completed in November 2020.
This expansion project will begin From now until May 14th , this is an Jamaica Mobile Number List online seminar training. that facilitates SMEs , which invites highly qualified speakers Let's give useful knowledge. and help develop the potential of Assembled to be ready to deal with Import and export The FX Options project is a risk insurance tool. Can set the exchange rate By specifying the desired currency in advance, seminar participants will receive a maximum support amount of 100,000 baht , divided into 80,000 baht for exchange rate insurance limit Various fees and 20,000 baht for import and export This method will help those In addition to knowing the amount of baht required What will be paid or received in the future? more clearly Makes you not have to worry about the currency fluctuations and help reduce the risk of losses from the exchange rate Seminar participants will have the right Requesting to lock the currency rate with the bank Without having to pay fees yourself, for example, an entrepreneur buying FX Options to sell products worth 100,000 dollars can ask to lock in the rate today at 1 dollar, equal to 33 baht, but the buyer will pay in the next 90 days, and if the rate is at that time which is locked If the market rate is 30 baht, you can use FX Options rights by accepting payments at the original rate of 33 baht.
But if the locked rate is low during that time, than the market rate There is no need to use FX Options rights . Entrepreneurs have the opportunity to pay Earn less money or receive more money, which the operator will use the right or You can't use your rights. It is not an obligation.” Mr. Mongkol said the government supports doing business. international trade I want to create more entrepreneurs. and ready to help those Thai businesses have increased and not decreased income amid fluctuations in the economy. Exchange currency available at all times Plus the Covid crisis Makes it impossible to predict at all Therefore, buying risk through FX Options tools is very necessary. that will help make entrepreneurs “Income does not disappear, profits do not decrease” and is not difficult. Because you can go in and do business. How to use various fees Available with every bank Therefore, I would like to invite all entrepreneurs to attend this seminar in order to be able to survive the currency crisis in such an uncertain and volatile situation. Let's go together today.
This expansion project will begin From now until May 14th , this is an Jamaica Mobile Number List online seminar training. that facilitates SMEs , which invites highly qualified speakers Let's give useful knowledge. and help develop the potential of Assembled to be ready to deal with Import and export The FX Options project is a risk insurance tool. Can set the exchange rate By specifying the desired currency in advance, seminar participants will receive a maximum support amount of 100,000 baht , divided into 80,000 baht for exchange rate insurance limit Various fees and 20,000 baht for import and export This method will help those In addition to knowing the amount of baht required What will be paid or received in the future? more clearly Makes you not have to worry about the currency fluctuations and help reduce the risk of losses from the exchange rate Seminar participants will have the right Requesting to lock the currency rate with the bank Without having to pay fees yourself, for example, an entrepreneur buying FX Options to sell products worth 100,000 dollars can ask to lock in the rate today at 1 dollar, equal to 33 baht, but the buyer will pay in the next 90 days, and if the rate is at that time which is locked If the market rate is 30 baht, you can use FX Options rights by accepting payments at the original rate of 33 baht.
But if the locked rate is low during that time, than the market rate There is no need to use FX Options rights . Entrepreneurs have the opportunity to pay Earn less money or receive more money, which the operator will use the right or You can't use your rights. It is not an obligation.” Mr. Mongkol said the government supports doing business. international trade I want to create more entrepreneurs. and ready to help those Thai businesses have increased and not decreased income amid fluctuations in the economy. Exchange currency available at all times Plus the Covid crisis Makes it impossible to predict at all Therefore, buying risk through FX Options tools is very necessary. that will help make entrepreneurs “Income does not disappear, profits do not decrease” and is not difficult. Because you can go in and do business. How to use various fees Available with every bank Therefore, I would like to invite all entrepreneurs to attend this seminar in order to be able to survive the currency crisis in such an uncertain and volatile situation. Let's go together today.