The Indians are coming! Expect ten million in ten years say ATTA

PHOTO: LookEast Magazine

Tourism from India will increase markedly over the next ten years.This prediction from the head of the Association of Thai Travel Agents, Wichit Prakorpkoson. By 2028 he says he expects 10 million Indian visitors each year. About Chinese tourism, the ATTA chief say he expected the numbers to slow from previous trends but there will still be 20 million visitors from China coming to Thailand annually in ten years time.

Speaking to Thai Rath, he also called for the free visa-on-arrival scheme to be extended to after Songkran (April 13) and make it easier for tourists to visit neighboring countries.

He predicted that Chinese tourism would be back to normal by January 2019 after the downturn in Q4, 2018. He says 10.5 million visitors from China have come to Thailand this year among the 38 million total arrivals.

“The 20% growth in Chinese tourism year-on-year is no longer sustainable but I expect 11-11.5 million Chinese to come in 2019.

He says he expects a dramatic surge in Indian tourism –  1.5 million visitors for 2018. But he expects this to grow to 20% a year and be 3 million visitors annually in five years time and 10 million in ten years time.

Tourism and Sports Minister Weerasak Kowsurat revealed in the same article that requests have been made and granted for an increase in flights from India into Phuket and Don Muang airports.

He also wants to make renting vehicles easier for tourists by making temporary licences easier to get and doing away with fines levied on people renting to those without licences.

 

Image: Thai Rath

SOURCE: Thai Rath

Most surprises are welcome, but this is one we all wish to avoid. Hidden fees!

You have surely experienced the pain of hidden expenses and high rates. It’s punishing to get charged more than anticipated every time you transfer money out of the country. Now, it is time you say goodbye to these problems because, at DeeMoney, we make sure everything concerning you is visible to you.
 
Use our application and check real-time transfer rates. Know how much you will transfer and receive. And unlike traditional exchanges, we charge an all-inclusive flat fee. No further surprises and deductions!
Click the links below to learn more about our service and how DeeMoney is a complete and transparent solution for your next money transfer.
 
☎️ Call DeeMoney: 028215555
🖥 Visit DeeMoney’s website: bit.ly/dee-money
Get in touch with DeeMoney here: bit.ly/DeeMoney
Tired of expensive and inconvenient international money transfers?

DeeMoney

Tired of expensive and inconvenient international money transfers?

We are here to help! At DeeMoney, it’s never been easier and more affordable to send money overseas.

Why? Because we charge a flat & all-inclusive fee of 150 THB for all transfers*. Best of all, you’re not required to fill out any written documentation, just use our mobile app!

Join our 10,000+ customers who are benefiting from our cost friendly fees and let your money fly with the DeeMoney application.

☎️ Call us: 028215555
🖥 Visit DeeMoney’s website: bit.ly/dee-money
✉ Get in touch with DeeMoney here: bit.ly/DeeMoney

*Applicable to Australia, Bangladesh, Cambodia, China, India, Indonesia, Malaysia, Myanmar, Nepal, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, UK, US, Vietnam.
*The Company has the right to change the promotion without notice.

 

East Asia Summit 2018: PM Narendra Modi meets Australian counterpart Scott Morrison in Singapore

By:  | Published: November 14, 2018

Prime Minister Narendra Modi and his Australian counterpart Scott Morrison held talks Wednesday and discussed ways to further deepen the bilateral ties, including in areas of trade, defence and security.

The two leaders met on the sidelines of the East Asia Summit in Singapore, Ministry of External Affairs spokesman Raveesh Kumar said. (Twitter Image/PMO India)
Prime Minister Narendra Modi and his Australian counterpart Scott Morrison held talks Wednesday and discussed ways to further deepen the bilateral ties, including in areas of trade, defence and security. The two leaders met on the sidelines of the East Asia Summit here, Ministry of External Affairs spokesman Raveesh Kumar said.“PM Narendra Modi met with PM of Australia Scott Morrison on the margins of East Asia Summit in Singapore. Both leaders had a good discussion on deepening ties in trade and investment, defence and security and other areas of bilateral cooperation,” Kumar said.“A fruitful meeting between Prime Ministers Narendra Modi and Scott Morrison in Singapore earlier today,” the Prime Minister’s Office said in a tweet.

Modi began his two-day visit to Singapore Wednesday by delivering his keynote address at the prestigious Fintech Festival.

He became the first head of government to address the world’s largest event on financial technology.

The prime minister also held bilateral meetings with global leaders, including US Vice President Pence and Singapore premier Lee Hsein Loong.

During his visit, Modi will attend the East Asia Summit, an ASEAN-India informal meet, the Regional Comprehensive Economic Partnership summit.

Before leaving for Singapore, Modi said in New Delhi that his participation in the ASEAN-India and East Asia summits symbolised India’s “continued commitment” to strengthen its engagement with ASEAN members and with the wider Indo-Pacific region.

Modi also said he was confident that his visit to Singapore would impart fresh momentum to New Delhi’s growing partnership with ASEAN and East Asia Summit nations.

The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organisation comprising ten Southeast Asian countries, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration among its members and other Asian states.

 

Source: East Asia Summit 2018: PM Narendra Modi meets Australian counterpart Scott Morrison in Singapore

Money never hurts! Wanna earn some easy pocket money…?

Favour friends by introducing this “One in a lifetime – easy, affordable, instant, online, overseas money transfer service”; at the same time make some good money 🤑
Refer three friends by December 31st, 2018 and earn 500 Baht every time you bring someone in. Your friend gets a 500 Baht Voucher too! 💰
Participate and share the joy in 3 simple steps:

STEP1: Bring your friend to register at any DeeMoney branch
Click to see branches

STEP2: Your friend just have just only one form of valid ID
(e.g., your passport, driving license, national ID card)
and do a minimum transfer of 10,000 Baht

STEP3: Both of you receive 500 Baht Voucher
for your next DeeMoney Transfer

You are eligible to invite 3 friends for the above promotion
until December 31st, 2018

 

For more information:
Call Center 02 821 5555


Terms and Conditions:

  • Referrer must be a current DeeMoney Member
  • The referee must be a brand new DeeMoney client with no previous account on file
  • The referrer and referee must both go to a DeeMoney branch in person to register in accordance with voucher conditions
  • Up to 3 referrals maximum per DeeMoney Member during the promotional campaign
  • Referees must complete the registration in person at a DeeMoney Outlet between today 31st December 2018
  • Referees from this campaign must accumulate more than 10,000 THB in transfer transactions to qualify referee and referrer for 500 THB money voucher
  • Referrer and referee can receive the 500 THB voucher at a DeeMoney Branch
  • If the registration or 10,000 THB transaction amount is not completed, DeeMoney retains the right not to issue a voucher
  • Upon referee’s registration approval and 10,000 THB completed transaction within the promotional period, then both the referrer and referee will both receive a 500 THB voucher to top-up their next DeeMoney transfer transaction
  • This promotion can apply only customer who sends money to Australia, Bangladesh, China, India, Indonesia, Malaysia, Nepal, New Zealand, Pakistan, Philippines, Singapore, Sri Langa, United Kingdom, United States of America and Vietnam during the Promotion Period
  • In case there are multiple referrers for the same referee, DeeMoney reserves the right to accord the referral 500 THB voucher to the first referrer
  • Referrer and referees who receive a reward and share on Facebook or any similar social media network allow DeeMoney the right to use such posts for advertising
  • DeeMoney reserves the right at its discretion to terminate this program or to vary, delete or add to any of these terms and conditions as appropriate without prior notice
  • In the case of any dispute, DeeMoney’s judgment is deemed absolute and final

Are you tired of being at the mercy of banks when you move money? You may live in Thailand, but no doubt you want to send funds for bills, expenses, and your family all over the world. So, why does it feel like your money is shackled to your bank account? And why is the cost of releasing it so high?

In today’s society where we can live and work practically anywhere, moving money should be frictionless. But so often it isn’t.

High exchange rates, exorbitant bank/transaction fees, and hidden charges all work to cripple our hard-accumulated funds the minute we even consider sending money abroad. Sending money out of Thailand is both challenging and expensive—everyone’s least favorite combination of factors. Repeat an exchange transaction more than once, and you may as well gift wrap your money for the bank with a bow.

We know you’re not alone with these frustrations too. Members of expat forums for cities all over Thailand see the oft-repeated question time and again, “What’s the best way to send my money abroad?” Because to date, there hasn’t been a cost-effective, transparent solution available.

SWIFT transactions—which are anything but—are expensive, just like Western Union. Thai Bank transfers for foreigners involve tedious forms and multiple document verification followed by a three-day wait just to attach an international account to your personal one. That’s before you then suffer the high exchange rates and processing fees of up to, and beyond, 1300 THB. Attaching a business account—don’t bother trying.

Sure, it’s free to send money through PayPal, but your recipient loses out on a significant chunk at the other end thanks to the company’s high commission charges which take some finding on their website. Payoneer’s ‘Global Payment Service’ is yet to include THB. So first, you need to exchange your money before you can ACH it across to another country. And TransferWise doesn’t offer the capability to upload THB. (Yes, you can trade THB, but you can’t add it to your balance—even with the new borderless account.)

But what am I telling you this for? You know all this already and have chalked up the frustrations to “This Is Thailand.”

There is, however, a new solution. At the top of Soi 8 on Sukhumvit Road is the headquarters for DeeMoney. With just one form of ID, you can register to become a member in a matter of moments. DeeMoney is the ONLY non-bank in Thailand to hold the required special international money transfer and money exchange licenses, issued by the Bank of Thailand, for moving THB abroad. We cater to 5000+ customers already.

 

Launched in July 2018, DeeMoney is partnered with Moneygram for global distribution. We also leverage direct partnerships for countries outside of the Moneygram network to ensure customers can send money to 16 countries as swiftly and easily as possible. For these 16 countries, we charge a single FLAT fee of 150 baht for ALL transfer amounts. Which means you can send up to 800,000 THB and still only pay 150 THB for the opportunity.

Compare this with other companies and banks mentioned above which stagger rates the more you wish to send, and the savings become astronomical.

In addition to ease of registration, there’s also a DeeMoney app available on Android and from the App Store. The app works with KPlus linking quickly and easily to your Thai bank account or you have the option to pay for your transfer through a QR Code too. Now you can send money abroad anytime, anywhere all from your phone. There’s no need to log on to a laptop to make an international bank transfer—consider that a thing of the past.

The 150THB FLAT rate is for transfers to Australia, Bangladesh, Cambodia, India, Indonesia, Malaysia, Myanmar, Nepal, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, the UK, the US, and Vietnam.

No hidden charges. No high exchange rates. No additional transaction fees. Everything is as clear as Dee.

DeeMoney, what are you waiting for?

 

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!

 

Instant, Anytime, Anywhere —

DeeMoney enabling digital transfers on the spot without wasting any of your valuable time/money in traveling on site and waiting in queues to wire funds at high transfer costs for every transaction made. Eliminating all of this inconvenience and discomfort, just use DeeMoney’s friendly Mobile App and make magic anytime, anywhere!

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.

Save Money; at the same time Send Money with DeeMoney! Join Today!

 

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.

The Style Souk