money
- Retire in Thailand
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 how to avoid them and with the right planning, retirees can protect their finances and enjoy a secure, worry-free life…
- Crime News
Two women detained at Nong Khai with millions in Thai banknotes
Two women from North Thailand were detained at Nong Khai checkpoint after attempting to bring millions of baht into the country. They confessed to being hired and were unsure of the destination province. The money was seized yesterday, March 2, at the Thai-Lao Friendship Bridge checkpoint in Mueang Nong Khai district. The operation was part of a crackdown led by…
- Thailand News
Ang Thong ice cream vendor scammed with fake 1,000 baht note
An ice cream vendor in Ang Thong province was deceived by a fraudster who posed as a customer ordering ice cream for construction workers. The incident, which occurred on Sunday, February 16 around 12.20pm, involved a counterfeit banknote trick. The fraudster altered a 100 baht note to resemble a 1,000 baht note by adding a zero with a blue marker.…
- Thailand News
Thai couple arrested for swindling millionaire out of 21 million baht
Crime Suppression Division officers arrested a Thai couple for deceiving and swindling over 21 million baht from a millionaire in the southern province of Yala. The couple, 36 year old Kanpathitcha and 46 year old Ammarin, were arrested at their home in the central province of Samut Prakan yesterday after operating their scam against the female victim in Yala for…
- Pattaya News
Spotless honesty: Pattaya street cleaner returns lost wallet
A Pattaya street cleaner has stolen the spotlight with a simple yet extraordinary act of honesty, earning admiration far and wide. The cleaner, whose identity remains unknown, stumbled upon a wallet while working on the bustling South Pattaya Walking Street and went above and beyond to ensure its safe return to its rightful owner. Eyewitnesses and online commenters hailed the cleaner’s…
- Thailand News
Good Samaritan returns lost wallet with 12,860 baht
A heartwarming incident unfolded when a Good Samaritan returned a lost wallet, containing a significant amount of money, to its owner after nearly two months of searching. The event took place near a market square next to Plutaluang, Sattahip district, Chon Buri. On this occasion, the community was abuzz with excitement as the wallet, which contained cash and important documents,…
- Thai Life
How much do you need to live comfortably in Thailand?
Hosting 28.15 million tourists in 2024, Thailand is built to attract international attention. But with so many types of people in this city, do you ever wonder about how much they have to spend to live here? In this article, we will provide some insights into the cost of living in Thailand and, most importantly, how much you need to…
- Thailand News
Cyber police arrest Thai woman for illegal lending in Songkhla
Cyber police executed a raid on a residence in Songkhla to apprehend a woman involved in illegal money lending with a staggering interest rate of 15%. The operation uncovered weapons, land deeds, and multiple vehicles used as collateral. The investigation revealed a turnover exceeding 1 million baht. A team led by Jirawat Phayungtham, acting commander of the Cyber Crime Investigation…
- Thai Life
Is Thailand considered a rich or poor country?
When you think of Thailand, it can be tricky to define whether it’s a rich or poor country. On one hand, it boasts skyscrapers, luxurious malls, and a booming tourism industry. On the other hand, you might also encounter rural areas where people live more modestly. So, is Thailand rich or poor? Well, the answer depends on how you look…
- Thailand News
Lost wallet containing 40,000 baht returned to Thai woman
A Thai woman was greatly relieved and overjoyed after a Facebook post led to the reunion with her lost wallet, which had more than 40,000 baht inside. Phasuk Samroengsin, a factory worker from Rayong, lost her wallet on a family trip to Khao Kheow Open Zoo, near Pattaya. While visiting Moo Deng, the zoo’s current superstar, Phasuk took out her…
- Thailand News
Found fortune: Udon Thani man proves cash can’t buy character
A young man working at the VT Naem Nueang restaurant in Udon Thani has become a local hero after discovering a whopping 100,000 baht in cash lying on the street. Instead of pocketing the cash, he bravely handed it over to the police, hoping to reunite the money with its rightful owner, though he confessed he was seriously tempted to…
- Thailand News
Cash splash: Truck crash with 4.2 million baht, money still missing
A vehicle accident involving a pickup truck carrying 4.2 million baht in cash has led to a dispute and ongoing investigation into the missing money in Uthai Thani. The truck, driven by a local car broker, veered off the road and plunged into a pond near Wat Huai Khanang, located in the first village of Uthai Thani province. Rescuers and…
- Lifestyle
5 ways to create passive income in Thailand
Ever thought about a scenario where your bank balance accumulates even when you are not actively working? This is a common aspiration and within the context of Thailand, it can become a reality with an array of opportunities available to achieve a consistent revenue stream. You have the option to invest in high-income portfolios, pursue a career in English teaching,…
- Thailand News
BoT urges usage of older banknotes for special occasions
The Bank of Thailand (BoT) urged consumers to use existing banknotes for special occasions instead of requesting newly printed ones. This request comes as the circulation period of banknotes has extended due to the rise in digital payments and improved banknote quality. Currently, the first-in, first-out cycle for banknotes means they stay in circulation about 10% longer than before. The…
- Thailand News
Man’s desperate plea for debt repayment of nearly 1 million baht
At the Mahachakrapad intersection in Chachoengsao yesterday, a man driven by desperation stood on a bridge with a sign pleading for the repayment of nearly one million baht, borrowed by a friend. This friend not only refuses to repay the debt but has also threatened legal action against him. The man displayed two handwritten signs addressed to the woman. “Dear…
- Technology News
How blockchain technology is transforming finance
Just imagine a world where your money is not only safe, but everything about it is transparent and cannot be tweaked or twisted. Sounds like a dream, right? Well, that’s where we’re headed thanks to the power of blockchain technology. This isn’t some sci-fi concept; it’s happening now. Blockchain acts as a shared ledger system and is shaking up the…
- Guides
10 Signs you’re spending money wrong
In a world where the allure of instant gratification often overshadows the virtue of financial prudence, it’s alarmingly easy to fall into the trap of mismanaging one’s finances. The subtle art of spending money wisely is lost on many, leading to a cycle of financial strain that seems inescapable. Recognising the signs of poor spending habits is the first step…
- Business News
BoT may adjust policy due to economic changes and challenges
The Bank of Thailand (BoT) may revise its monetary policy if economic changes in the landscape and structural challenges significantly lower its long-term potential growth, disclosed BoT Deputy Governor Alisara Mahasandana. This follows governmental pressure on the central bank to decrease interest rates. Alisara, speaking from the International Monetary Fund (IMF) and World Bank Spring Meetings in Washington, highlighted that…
- Thailand News
Thai police bust illegal lender for extreme rates and data breach
Thai authorities apprehended 37 year old man at his residence for running an illegal money-lending enterprise that charged exorbitant interest rates of 8% per week. The operation, led by senior police officials, uncovered not only evidence of the illicit business but also a trove of personal data harvested from individuals, signalling a breach of Thailand’s Personal Data Protection Act. Yesterday,…
- Thailand News
Bangkok taxi driver returns bag containing US$3,310 and passports
A 51 years old taxi driver from Bangkok found himself in the spotlight after returning a passenger’s forgotten handbag, which contained a considerable sum of US$ 3,310 and two Myanmar passports. The incident took place on March 7, and it was reported to the public by FM91 Trafficpro yesterday. Songchai Chaiiam has a long-standing reputation for honesty, cultivated over his…
- Thailand News
TikTok star defends marrying older man for his wealth
The viral story of a 25 year old woman’s marriage to a 55 year old man on TikTok resulted in a flurry of comments, many accusing her of marrying for money. The woman, who shares her life with her older husband on her TikTok account, tretippayanipasriwirak, responded to the comments with candidness. The woman’s life, filled with travels, gold purchases,…
- Thailand News
Thai man saves 300,000 baht in six months by stocking 50-baht notes
A 33 year old man named Thana Benjasak has made an inspiring impact on social media with his unique savings method. Thana, a breeder of Siamese fighting fish residing in Klong Chuk Chae, Chachoengsao, has managed to amass nearly 300,000 baht (US$8,727) in just six months by saving 50-baht notes. Thana’s saving journey began when he saw a TikTok video…
- World News
Rat-ical savings scheme: Married man’s cash stash shredded by rodents
A married man was left in acute distress after his carefully hidden cash was shredded by rats. The man, who had tucked away a substantial sum of Vietnamese dong notes totalling around 500,000 (720 baht), discovered his savings in tatters, gnawed by rodents in the secluded corner of his home where he hid them. The unfortunate man had decided to…
- Thailand News
Counterfeit money scam shocks Thailand’s mobile top-up kiosk operators
A video circulating on social media platforms showing a successful mobile top-up using counterfeit money has rocked Thailand. The clip, posted on the Facebook page Want to Be Famous, will arrange it, Retrine part 6, has triggered concerns among kiosk operators offering top-up services. A 71 year old shopkeeper, known as Uncle Lek, from Moo 6, Saohonghin sub-district, Bangyai district,…
- Thailand News
Cosmic cut-off: Thai student’s stellar space science event opportunity eclipsed by budget black hole
A Thai student selected by Japan for a space science event has missed the opportunity due to the Thai government‘s inability to fund the airfare. The National Science and Technology Development Agency’s (NSTDA) SPACE Education programme highlighted the situation. The Japanese programme, known as JAXA Asian Try Zero G, has conducted similar space science events for several years, inviting young…
- Thailand News
Rayong man hides 500 baht from wife under police booth
A seemingly furious man was found rummaging under a police checkpoint in Rayong, revealing a new dimension to hiding money from his wife. When his secret was uncovered, he claimed he would need to find a new hiding place. At 4pm yesterday, Deputy Superintendent of Rayong City Police, Woradet Phongthong, and Police Lieutenant Pachar Sangngoen, were informed of a man…
- Thailand News
Money in the air after gold necklace sold by heartbroken Chinese man
A Chinese man surprised shoppers in Huizhou, Guangdong province, China, when he tossed cash in the air upon leaving a jewellery store after the sale of a gold necklace he had bought for his girlfriend. He then nonchalantly walked away without a second glance, leaving passersby astounded. The owner of the gold jewellery store, Wu, reported that the customer had…
- Thailand News
Money mishap:Thai woman’s 20 baht note goes ‘choo-choo’ in the frying pan
A Thai woman mistakenly fried a 20 baht banknote, resulting in a shrivelled and crispy note that sparked much mirth on social media asking whether a bank would accept it. A wave of humorous responses from netizens ensued after a Twitter user yesterday posted an image, from a life and family problems consultation group, where the woman sought advice, accompanied…
- Thailand News
Police launches special probe into suspect ‘Nok’s’ bidding capers amidst murder inquiry
A special investigative team has been established by the Royal Thai Police to delve into the alleged bidding price manipulation by two businesses owned by Praween Chanklai, also known as Nok. Nok is an alleged suspect in the recent murder of a highway police officer. The investigative team is composed of officials from various departments including the Revenue Department, State…
- Press Room
Win 150,000 baht in prizes in DeeMoney’s short ad campaign
DeeMoney invites everyone to participate in the short advertising entries campaign on TikTok with the hashtag #DeeMoneyOWNDEEChallenge. Feel free to express your creativity for a chance to win a variety of prizes, totaling 150,000 Baht. The objective is to raise awareness among the target audience and the wider public through TikTok. SawasdeeShop, the leading Thai fintech company specializing in cross-border…
