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    5 ways retirees in Thailand lose money (and how to stop it)

    Retiring in Thailand can be affordable and enjoyable, but many retirees lose money due to common mistakes. High living costs, scams, and unexpected expenses can quickly drain savings. There are five ways that retirees in Thailand can lose money and...

  • What role for Thailand in China’s great European EV invasion?

    What role for Thailand in China’s great European EV invasion?

    Just over a month ago, China’s top electric vehicle (EV) maker BYD announced its first overseas factory, in Thailand. The company bought 96 hectares at Rayong industrial estate. The factory is expected to start producing in 2024 with an annual production capacity of about 150,000 vehicles. Vehicles made in Thailand will be sold locally as well as exported to neighbouring…

  • Line Man Wongnai now Thailand’s largest tech startup

    Line Man Wongnai now Thailand’s largest tech startup

    Line Man Wongnai became Thailand’s largest tech startup by valuation thanks to a new round of funding. Singapore sovereign wealth fund, Capital Market Company (GIC), led the latest funding round that managed to raise 10.1 billion baht for the Thai food delivery app and in doing so made it Thailand’s latest unicorn company. Line, Taiwan Mobile, BRV Capital Management and PTT…

  • Apple to raise prices throughout globe but not Thailand

    Apple to raise prices throughout globe but not Thailand

    United States multinational Apple Inc. yesterday declared it is to raise prices in its app stores across most parts of the world but not Thailand. Apple announced the price increases will take effect on both App Store apps and in-app purchases next month. Great news for the Kingdom or Smiles but not so good for the likes of Japan, South…

  • Moon landing: can the space industry revive the Thai economy?

    Moon landing: can the space industry revive the Thai economy?

    The National Innovation Agency urged citizens to understand that the solution to saving the struggling economy may not be found in Thailand, but on the moon. The agency revealed a new launch pad on Friday for the space industry to use in shuttle missions such as a lunar orbit that Thailand has been dreaming of and striving for in recent…

  • DeeMoney Unveils its Neobank Transformation Roadmap

    DeeMoney Unveils its Neobank Transformation Roadmap

    Press Release SawasdeeShop Co., Ltd, branded as DeeMoney, Thailand’s leading and fastest-growing fintech company specializing in cross-border payments, recently announced its readiness to transform into a full-fledged independent neobank with the upcoming launch of licensed cross-currency e-wallet services in Q1/2023. DeeMoney’s move to expand its financial product offerings and become a neobank is in response to the evolving demands of…

  • Machine invented to replace monkeys climbing coconut trees

    Machine invented to replace monkeys climbing coconut trees

    Monkeys climbing coconut trees have been an icon in Thailand for years, but have also drawn the ire of animal rights groups like People for The Ethical Treatment of Animals (PETA). Now the Agriculture Department has invented a machine that can help farmers climb coconut trees themselves, eliminating the need to train and use monkeys to harvest coconuts. PETA released…