DeeMoney! A Dream Come True!

AS EASY AS CAN BE —

Today’s Easy, Quick, Economical and Safe choice for sending money from Thailand to more than 180 countries around the world at highly competitive, most reasonable rates!

AS SIMPLE AS CAN BE —

Register using valid passport ONLY! No work permit or any other documents are required.

AS SAFE AS CAN BE —

Safety guaranteed!

DeeMoney is the first non-bank in Thailand who has licenses both of Money Transfer and Money Exchange from Bank of Thailand.

DeeMoney is the financial services brand of SawasdeeShop Co. Ltd which has been operating for the past 17 years, with currently 4 official branches around Bangkok.

AS CHEAP AS CAN BE —

Imagine sending money to India anywhere, anytime @ only 150 Baht per transaction! (compared to minimum 500 at IOB or 1300 at other banks).

AS CONVENIENT AS CAN BE —

Transfer in the privacy and convenience of your home, at the touch of your smartphone screen, under the mutual trust and in collaboration with your most trusted local banks around Thailand such as KBank, SCB or Bangkok Bank.

GO DIGITAL —

You can send money as cash (simply walk into any branch!)

Currently, DeeMoney has 4 official branches around Bangkok, and with your consistent love and trust… will undoubtedly have more soon!

Or

Via the digital channel such as Mobile Application (Android and iOS) and Website (3 modes of payment:

1) Direct Debit with Kbank, SCB or Bangkok Bank

2) QR Code with all local banks.

3) KPlus and receive money and credit in your bank account in India.

For transfer via our mobile application, you can pay your transaction via bank and receive money in banks all over India.

SIGN IN TODAY!

Become a member of the DeeMoney Family today! Simply fill out our registration form, present your passport and you are done!  Once registered, you can transfer immediately at branch or via Mobile App.

Money Transfer couldn’t have been made easier!

DeeMoney is the all-in-one safe and legal overseas money transfer solution that you may have been seeking for ages! Try it today and be free of all your overseas money-transfer related worries. Reaching your near and dear ones in times of need is no longer a hassle. DeeMoney is your friend in need, aiding instant transfers within seconds at a negligible fee! Instant, hassle-free digital transfers now at your fingertips!

 

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With your trust and support, we look forward to gradually advance and grow together, adding more and more facilities at the lowest rates possible. Join us; encourage us to bring forth more and more services to you.

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Travelers Spend More Money in Thailand Than Anywhere Else in Asia

It’s the fourth-most-profitable tourism destination in the world.

Just more than a year ago, I ate at Nahm, in Bangkok—and walked out after paying barely $60 for a tasting menu that currently ranks 49th on the World’s 50 Best Restaurants list. My grand, five-star hotel, the Anantara Siam, with its gilded murals and landscaped courtyards, cost $150 a night, including a breakfast buffet that was truly fit for royalty. Even the most expensive souvenir I bought in town, an elephant figurine with inlaid mother of pearl, cost less than a typical outing to McDonald’s back home in New York.

Yet, according to a visualization of recent UN World Tourism Organization data by HowMuch, a financial literacy and infographics agency, Thailand outranks every other nation in Asia when it comes to tourism spend.

Last year, it collected $57 billion in international tourism receipts, nearly doubling Macao ($36 billion), Japan ($34 billion), Hong Kong ($33 billion), and China ($33 billion). Globally, the only countries that out-earn Thailand in terms of tourism dollars are France ($61 billion), Spain ($68 billion), and the United States—which handily takes the gold medal, at $211 billion.

It all comes down to volume. Foreign arrivals could hit 40 million next year, which is more than half the country’s population.

“In Thailand, you’ve got something for everybody,” says Rebecca Mazzaro, a specialist for bespoke outfitter ATJ. “From the private island with the private villa to amazing street food meals that only cost a couple bucks, it has a diversity and variety that exists in few other markets. It’s no surprise lots of people are going—and spending,” she says.

A Coming Luxury Boom

Though gaps in the WTO’s data make it difficult to ascertain the per-visitor spend in each of these countries, given recent and forthcoming developments, that number is likely to be rising.

“There’s no question that historically Bangkok—and Thailand in general—has always been perceived as a value destination,” says John Blanco, general manager of the forthcoming five-star Capella Bangkok, opening next spring with 101 suites facing the Chao Phraya River. “But there has been a real effort to shift that perception.”

photo.marketingbyraj.com
Tuk tuks are a key local transport mode in Bangkok. Source: http://photo.marketingbyraj.com

Bangkok’s iconic Tuk-Tuk Taxi

Mastercard’s annual Global Destination Cities Index recently ranked Bangkok as the most-visited city in 2017 for the third year in a row. The study, based on undisclosed public data sources, rather than cardholder transactions, indicates that travelers shell out $173 for a day in the Thai capital, compared to $537 in Dubai or $286 in Singapore. This year, it forecasts travelers will spend an additional 14 percent more.

By next year, the city will have gained even more opportunities to spend, such as superlative new resorts from Four Seasons, Rosewood, Mandarin Oriental, and Waldorf Astoria, plus a $1.6 billion Bal Harbour-esque mixed-use retail development called Icon Siam. When it opens in November, the latter will claim restaurants from top-tier chefs, including Alain Ducasse and an outpost of Tokyo department store Takashimaya. The Capella hotel will house Mauro Colagreco restaurant, whose Mirazur in Menton, France, has two Michelin stars. “There’s a lot more meat on the bone now,” Blanco says of luxury offerings in the capital.

Overlooking the scenic ‘Land of Smiles’ – Bangkok Source: http://photo.marketingbyraj.com

Dino Michael, global head of Waldorf Astoria Hotels and Resorts, agrees. “We’ve been noticing the upscaling of Bangkok for a few years,” he tells Bloomberg. “The consumer has become more sophisticated; the dining scene has become more sophisticated.” And yet the timeless appeal is what led him to open the brand’s first southeast Asia property here in August—a glassy tower with dramatic skyline views from nearly every angle. Among Bangkok’s selling points, he says, are strong infrastructure and airlift, a “depth and breadth of tourists,” and an ingrained culture of hospitality. For tourists and brands thinking about charting the region, Michael adds, “It’s world renown—and an obvious starting point.”

The Pitfalls of Popularity

There may be a price to pay for popularity, particularly on Thailand’s beaches and islands. Already, throngs of partygoers on commercial yachts have done so much damage to the pristine marine ecosystem of Maya Bay—the picturesque backdrop to Leonardo DiCaprio’s 2000 film The Beach—that the area closed for four months earlier this year to recover. Unable to bounce back fast enough, it’s now being closed indefinitely. That follows similar measures in nearby Koh Khai and Koh Tachai islands, where coral was being destroyed at devastating rates.

n Phuket, Mastercard’s 12th-most-visited destination in the world, there’s been a sharp decline in the local turtle population, correlated with the rise in beachside pollution. It’s led 70 hoteliers to band together to promote sustainability and encourage better etiquette among travelers. And in Thailand’s north, the dramatic growth of tourism has led to a sobering spike in unethical wildlife tourism, often centering around elephants and tigers.

The capital, meanwhile, has stayed largely out of the way of these visitor-related troubles—perhaps because it’s hard(er) to justify bad behavior in a city with 40,000 Buddhist temples. “Of course, red light tourism is alive and well—like it or not,” says Catherine Heald, founder and chief executive of Asia outfitter Remote Lands. “But ultimately, tourism has really lifted the local economy.” At $57 billion a year, there’s no denying that.

A birds-eye view of the second-hand market in Bangkok Source: Asia Transpacific Journeys
Phi Phi Island, in Thailand.
Source: Remote Lands
Thailand remains most visited destination among Chinese

The Tourism Authority of Thailand (TAT) has reported that Ctrip.com, China’s largest and most influential online travel agent, has ranked Thailand the number one global destination among Chinese tourists during this year’s National Day vacation, or the Chinese Golden Week 2018.

Thailand comes out on top of Japan, Hong Kong SAR, Vietnam, Singapore, Taiwan, and Korea, among more than 1,000 destinations in nearly 100 countries. Favorite Thai destinations among Chinese tourists include Bangkok, Pattaya, Phuket, and Chiang Mai.

Mr. Yuthasak Supasorn, TAT Governor, said China is Thailand’s largest tourist market, and this latest Ctrip’s study shows that the kingdom continues to win the hearts of Chinese tourists with a wide range of attractions, ranging from local experiences, abundant natural beauty and a remarkable variety of activities, including soft adventure, health and wellness, weddings and honeymoons, and sports tourism.

This year, TAT is maintaining its target of 10.5-11 million arrivals from China, up from last year’s 9.8 million. Already this year, from January to August, Thailand has welcomed 7.7 million Chinese tourists, generating 423 billion baht.

Royal Decree regarding Work Permit matters

As per the Royal Decree issued by the Government in March 2018 regarding regulations for issuing of new work permits, foreigners with work permit will be able to work legally in any field, anywhere in the country, for any employer as long as the work being done is not on the list of occupations prohibited to foreigners.

We have obtained an English and a Thai version of the Royal Decree for our members to download. The changes came about via the Emergency Decree on Non-Thais’ Working Management (No.2) (2018) which was passed on March 27 and came into effect on March 28. Section 37 of the Emergency Decree this year annulled Sections 70, 71, 72 and 74 of the former Emergency Decree issued in 2017. 

Download an English version of the Royal Decree
Download a Thai version of the Royal Decree

This implies that a new work permit book will be issued as soon as possible. It has also been informed from the Labour Department that in future the book will finally be replaced by a smart card to fit in your wallet.

For further information you should contact the Labour Department directly.

Thailand prepared to host 8th ACMECS Summit this week

Thailand has prepared to host he 8th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Leaders’ Summit this week, hoping participants will accept the ACMECS Master Plan for fostering connectivity.

The 8th ACMECS Leaders’ Summit will take place this June 14-16 and Prime Minister Gen Prayut Chan-o-cha has pressed that all preparations be made to ensure it goes off smoothly in all dimensions. The hope is that regional leaders attending the summit will validate the ACMECS Master Plan for 2019-2023, making it the first master plan to be signed by ACMECS leaders. The plan focuses on fostering connectivity on basic infrastructure and financial and human resource cooperation regulations.

Leaders are also expected to accept the Bangkok Declaration, a reflection of the political intentions of the five nations of ACMECS. It is believed that the declaration will drive development and benefit the ASEAN grouping.

Director-General of the Department of Information and Ministry of Foreign Affairs Spokesperson Busadee Santipitaks elaborated that the ACMECS Master Plan covers three main areas; seamless connectivity, economic connectivity and financial connectivity. Each area comprises more detailed projects and plan, which will be open to interpretation by the five countries of ACMECS.

Thailand has also invited representatives from international organizations to the summit to bolster its relations with the wider world. Emphasis was placed on the business sector, which Thai organizers view will help bring value to the summit.

Information and Source

Reporter : Itiporn  Lakarnchua Rewriter : Itiporn  Lakarnchua National News Bureau & Public Relations : http://thainews.prd.go.th

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Thailand’s experience of employment generation for the people of lower strata of the Economy

Thailand with per capita income of USD 6000 enjoys very successful employment rate, which is 99%. Thailand also has very successful participation of women in its economy with women forming 64% of total workforce and contributing 50% to the GDP. Thailand achieved this through various interventions to skill the people of Thailand especially those who are not into formal employment. One such intervention is skilling street food vendors. To illustrate this we have taken a model of ready to eat fresh cut fruit sellers and freshly squeezed fruit juice sellers.

Like India, Thailand is abundant producer of fruits. Thailand has very successful mobile fruit carts which primarily serve three purposes (i) part-time employment for fruit sellers (ii) creating additional market for fruit producers, and (iii) encourage healthy eating habits in the society.

Fruit Carts

While there are many types of fruit carts, the above depicted carts are most commonly used in Thailand. Perhaps the one with glass cover may be suitable for Indian conditions considering our foot paths are not yet covered with concrete. We may find nothing new in Thai fruit carts as this practice is there is India also. However, the difference is training of these sellers in maintaining hygienic conditions in and around the cart. Moreover, they do not dirty the place around the cart by throwing the peel.

The fruit sellers bring peeled fruits to market place and cut the fruit into bite size pieces when customer orders. The cut fruit are served in food grade polythene with wooden eating prickers. The fruits covered are pineapple, watermelon, apple, guava, mango, dragon fruit, papaya, chickoo, etc. The quantity sold is standardized and is in the range of Thai baht 10 to 20 (Rs. 20 to 40).

Source: Embassy of India Bangkok

Street Exchange is Going to Launch a CryptoCurrency with  the Power of Blockchain Technology Secured by Cryptography

Street Exchange- launched recently in Bangkok, Thailand- has created an open platform to assess advantages of digital currency and blockchain technology which provides a secure platform for the cryptocurrency investors in conducting peer-to-peer (P2P) crypto trading.

Street Exchange offers a ‘simple’ way to trade that brings people together, backed up by a blockchain wallet and cryptocurrency exchange process. This makes transactions faster, easier, and more secure.

 

Street Exchange plans to expand its operations to the entire South and Southeast Asia, Europe, and the Middle East in the next few years with the goal of becoming one of the biggest exchanges and apex in the league. It seeks to expand geographically, along with the highly traded cryptocurrencies and digital tokens.

 

Jamie Parkinson, Street Exchange CEO, said during the Pre-ICO Sale on April 25, 2018, Street Exchange brings exciting possibilities driven by innovation and disruptive technologies that may be leveraged by those harnessing technology. Street Exchange follows strict KYC and AML standards required by most of the government. All of our customers are allowed to trade only after completion of KYC/ AML documentation approval. This will make Street Exchange the most preferred exchange by people, media, and governments worldwide.

Street Exchange is determined to be the leading crypto P2P platform in the industry. Street Exchange is managed by a highly capable team with a diverse background in fintech, cryptocurrency, trading, and ICO marketing.

Ms. Jana Glenda Ancheta, Street Exchange CMO, highlighted the pre-ICO and ICO benefits to investors.

She noted that Street Exchange is beneficial to anyone who strives to participate in an ICO, including an investors, traders, and crypto professionals. Street Exchange is being supported by a community of recognized advisors, investors, crypto advocates, and blockchain trainers. With their technical expertise, this provides a full-service team that brings the exchange’s vision to become a reality.
Their customer base includes professionals, bankers, investors, start-ups, educators, miners, exchanges, wallets, academicians, existing and/or upcoming cryptocurrencies, ICOs, and enthusiasts from different parts of the world who are wants to invest in cryptocurrency. Street Exchange is a perfect platform to answer the increasing demand for valuable and reliable cryptocurrency from this exciting industry.

Varun Vasista, Street Exchange CTO, stated that Street Exchange’s mission is to perpetuate a shift in crypto trading by promoting effectual technologies and drive a new era of easy and improved cryptocurrency exchanges.
“Street Exchange is designed for those who are seeking to freely trade with each other. The exchange regards financial transactions is simply between two parties and not involving an intermediate exchange,” Varun said.

Pichamon Deesamer, Street Exchange Sales Director, believes that “The cryptocurrency industry has passed the market capitalization mark of $800 billion in December 2017. The whopping amount of circulation makes it evident that a huge chunk of fortune awaits for those who are early adopters. However, there is little understanding of the repercussions of this new disruptive trend and its underlying technology”.
Cryptocurrency refers to a digital or virtual currency that is difficult to fake. It uses cryptography to ensure high standards of security and this currency is immune to any government interference.

Aisawan Prakob, Social Media Manager at Street Exchange said that Street Exchange is marketed by Global Crypto Hub – a Bangkok based cryptocurrency and blockchain event company who hosted the inaugural of Cryptocurrency Expo in Plaza Athenee, Bangkok, Thailand on August 6-7, 2017 and 7 events after that.

All crypto events made a resounding success and were well-received by international and local delegates. Digital currencies and blockchain technology cut across multiple sectors, with the potential to impact everyone from Wall Street to the world’s unbanked and build robust business opportunities.

 

Global Crypto Hub Founder Shahin Noble Pilli is a staunch believer of cryptocurrency and blockchain technology. He noted that “Those who can’t see this wave of change is somewhat similar to the dinosaurs who failed to see the bolt from the blue. Globally, we as a human race, need to create more and cryptocurrency is one crucial step in this direction.”

DPM Somkid lauds arrival of Alibaba

The Deputy Prime Minister for Economic Affairs has welcomed Alibaba Group’s interest in investment in Thailand and voiced confidence that the Thai economy is recovering steadily and should see growth of over 4 percent this year.

Deputy Prime Minister Somkid Jatusripitak remarked at a signing ceremony attended by government agencies and Alibaba Group Executive Chairman Jack Ma, that the timing of Alibaba’s entry into Thailand is appropriate as the Kingdom’s economy is on an uptrend and the government is looking to support SMEs adopting digitization and to reform the agricultural sector.

The DPM lauded Alibaba as a strong and suitable partner for Thailand as it has shown a propensity to elevate low-income earners and its business does not focus too heavily on profit. The company’s business model rates its success on its ability to reduce poverty in China. Somkid said such goals are in line with the administration’s Thailand 4.0 agenda while reiterating his belief that the Thai economy will see growth of over 4 percent this year and that rapid changes will soon take place.

The Alibaba Executive Chairman stated Thailand’s history, tourist attractions, food and public, provide a strong foundation on which the company can build, explaining that it will be using the Internet to direct Thai SMEs towards an operational future expected to be conducted 80 percent online. The executive indicated that China is on track to become the world’s leading buyer in the next five years with annual purchasing power of over 8 trillion USD.

Mr. Ma gave his assessment that a third industrial revolution involving digital technology is approaching in Asia and that his company will use Thailand as a base for sustainable economic development. He said Alibaba plans to be a long term investor in Thailand.

Addressing accusations of unfair competition, the Alibaba chief explained his company always seeks a “Win-Win” outcome in the countries where it does business, pointing out that in Thailand it sees up to three winners; consumers, partners and business operators. He confirmed the company’s intent is to elevate Thai SMEs.

Minister of Commerce Sonthirat Sonthijirawong explained that the government will work with Alibaba to develop human resources in the digital realm and support E-Commerce through the Department of Industrial Promotion, Department of International Trade Promotion and the Alibaba Business School. Thai rice and durian are slated to become major items for sale at Alibaba’s flagship stores to kick start the E-Commerce evolution of Thai products and businesses.

Information and Source

Reporter : Itiporn  Lakarnchua Rewriter : Tarin Angskul National News Bureau & Public Relations : http://thainews.prd.go.th

Thailand produces more than 178,000 vehicles in Feb

Domestic vehicle production expanded 15.37% year-on-year in February to more than 178,000 units, according to the Federation of Thai Industries (FTI).

Surapong Paisitpatnapong, spokesman for the FTI’s Automotive Industry Club, said a total of 178,237 cars were produced in February 2018. The number of vehicles manufactured for export stood at 98,625 units, an increase of 13.33%.

Furthermore, vehicle exports in February rose for the 4th consecutive month to 102,217 units, accounting for a 4.05% increase. Major buyers were Middle Eastern countries, the US, and South America.

Also in February, domestic car sales surged 10.3% to 75,466 vehicles. Surapong cited the Thai economic recovery as the main reason.

Should the trend continue, the spokesperson believes vehicle production will be around 2 million units this year, 1.1 million units for export and 900,000 units for domestic sales.

Information and Source

Reporter : Thammarat Thadaphrom Rewriter : Rodney McNeil National News Bureau & Public Relations : http://thainews.prd.go.th

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