How Yidan Xiong Went from FinTech to Farm Life in Thailand
Bangkok/ Venture/ Profiles

From FinTech Executive to Chiang Dao Farmer: Yidan Xiong's Story

Yidans Farm v2

For many, the COVID-19 pandemic was a wake-up call. It was a moment of clarity, shifting priorities, changing values, and determining what truly matters.

For Yidan Xiong, it meant reconsidering almost everything in her life.

Before the pandemic, Yidan had a globe-trotting career as a FinTech cryptocurrency marketing executive. Today, she runs a farm and farmstay in Chiang Dao, Thailand.

It wasn’t an easy transition, nor was it linear. Leaving corporate life behind to live and work on a farm might be a fantasy for plenty of burnt-out professionals, but Yidan actually made the leap. She traded meetings, marketing campaigns, and international conventions for rice fields, animals, and the slow pace of farm life.

Yidan during a FinTech conference
Courtesy of Yidan Xiong
Yidan and her dog in the farm
Courtesy of Yidan Xiong

And from the looks of Yidan's Farm, it's easy to understand the appeal. Through the photos and videos she shares online, as well as the farmstay listed on Airbnb, her corner of Chiang Dao looks idyllic and quaint. With a growing list of animals she lives with — three pigs, two goats, 20 chickens, 10 ducks, four cats, four dogs, and a pond of fish — it can almost feel like stepping into the shoes of a Disney character.

But Yidan's story isn't necessarily about escaping one life for another.

She emphasizes that she loved her corporate career as much as she enjoys what she's doing on her farm now. Rather than leaving those years in her rearview mirror, she brought what she learned from them with her. Corporate, for Yidan, isn't necessarily a bad thing. In fact, she credits the skills she developed in her previous line of work as extremely valuable now that she's building, running, and promoting her farm.

In this exclusive interview, The Beat Asia sits down with Yidan Xiong to talk about her journey from FinTech marketing to farm life, the realities of running Yidan's Farm, and how building a farm was a way of coming home.

Yidan in the farm
Courtesy of Yidan Xiong

You grew up in the countryside. What was that like and do you feel like your childhood experiences influenced your decision to run a farm?

I grew up in the countryside in Zhejiang, China. My childhood was quite free, and I lived there until I was 8 years old. It's not really that long, but it was the freest, wildest, and most adventurous time of my life. Often, I feel like the decisions I make, and [ultimately] the place I found where I should build my farm, are because of my childhood memories.

[Chiang Dao] is a very similar landscape. But we didn't have so many mountains in Zhejiang. But we had rice fields, and my family had farmland. We didn't really live off of farming, but I was lucky enough to get involved with the farming activities. I still remember one of my best memories was having a picnic in the rice fields. While the adults were harvesting, I was sleeping on the straws and watching them harvest. Then later on, we'd eat the food that we packed from home. These memories followed me even when I grew up.

Even during my corporate days, I went to a lot of farms. I travelled a lot and went to many countries, and wherever I went, I always tried to look for farm stays to have a piece of the kind of life I used to have. But it's different when you're a guest, and you go to pay for a night to live there. It's not really what I want. People treat you like a guest, and you just feel like a customer taking photos of the farm.

But it's not just the landscape; it's the way of life, the sense of community. China is very modern now, but back then, living in the village, everyone was very close to each other emotionally. This kind of community is also another big part of why I really wanted to [build a farm] and experience this kind of lifestyle again.

You've mentioned that your grandfather used to work with bamboo and it's a material you currently use in your farm. What is it about bamboo and the memory of it that's important to you?

When I got the land, I actually had no idea what I was going to build for my house. I was flipping through different references on Pinterest, magazines, online, this and that. But then bamboo structures caught my attention, and that's when I started to dig into the idea.

Intuitively, I think, of course, it [was prominent in] my childhood because we had a bamboo forest next to the house. And my grandpa used to make furniture and all these things from bamboo. So it's kind of in my memory that bamboo is something very easy to work with. You can just chop it off and instantly start to work with it, unlike other building materials.

The more I dug into it and why people use bamboo as a sustainable building material, especially in tropical countries like the Philippines, which often suffers from natural catastrophes like earthquakes, flooding, etc. because bamboo is strong enough to withstand them. And it's affordable and a fast-growing material.

You've done a lot of research into bamboo and working with traditional farming methods, how do you apply that in your farm?

I have two main houses that are completely made out of bamboo. The first one is a two-floor house where I stay, but there's a common space where people can make coffee and tea and hang out, like a living room. For the foundation, we used concrete pillars; however, because bamboo will rot in one to two years, we have to use concrete footing as the pillars underneath. Besides that, almost 95% of the building is made of bamboo. The roof is made of thatch, like hay or grass, which also needs to be changed every year or two.

That is the first home on the farm, and it was finished fast, in 10 days. I rented a house in Chiang Dao. Then when I started to build the house, I camped there with my dog, Lucky. I had a little tent and watched over the construction. Every day, I needed to be there with them because I didn't really have a blueprint. I had to be there every day to help the workers visualize and relay what I had in mind. I'm also a visual person, so even though I had a picture in mind, it was also hard for me to deliver numbers, measurements, etc. Back then, I also didn't speak Thai at all. So it was a lot of body language and miming, and that's how we built the first house.

I built the second bamboo house as a guest house to host friends who wanted to come visit. They were kind of shocked by the decision I made because I didn't really tell anyone beforehand, so they got curious about why I would make such a big, sudden move. And they came to visit me. They saw how quiet it is. Not touristy. And they wanted to stay with me too.

Yidan as a child
Courtesy of Yidan Xiong

Why did you choose Chiang Dao specifically?

Honestly, it was more like a gut feeling. An intuitive decision. At the beginning, I got to know Chiang Dao because I went hiking on Doi Luang Chiang Dao Mountain with some friends, and then we got lost. We ended up spending three days without knowing how long we would be there, but it was the best three days I spent then. It was also extreme because before that, I was used to the city and never really left my phone or went without signal for more than five hours. So that was the longest time that I was actually off-grid, and I didn't bring anything to entertain myself. No books, no board games, nothing.

At night, we were just sitting around the campfire and looking at the stars. I thought I would be scared or intimidated by nature, you know, getting lost in the jungle. But everyone was super chill, so psychologically, we calmed each other down. The experience also spiritually awoke something in me. After that, I started to roam Chiang Dao by myself on a bike, and that's when I formed the idea of staying here. Like, "It would actually be nice to own a farm here."

That was when I started to ask myself questions like, "Why am I so drawn to this kind of life?" I didn't really wonder why I always tend to pick farm stays wherever I go, even on business trips sometimes. My company back then would ask me for an invoice, and there wasn't always one, but I just wanted to stay in farm stays. I didn't want to trap myself in a hotel. And I'm also a super animal person. I would always adopt cats back then; somehow, animals would always come to me. So, the idea of building a farm and having that land where my animals could roam around freely started to form in my head.

Then COVID-19 happened, and that was a transition period for you. Could you share what that era was like for you?

I wasn't sure what I wanted to do, but I was pretty sure that I was done with [FinTech].

COVID-19 happened, and it was good timing. My decision wasn't actually very sudden; it was a period of two years. To a lot of people, it appears sudden. But there was a lot of internalization going on that I never really shared with anyone. At that point, I was just certain that I no longer enjoyed doing what I was doing, but I didn't have the courage to step away from it. And as a Chinese [person], you have to work to prove that you're valuable. So I was really struggling with the idea of not working and not getting validation through my career. But that's why COVID-19, in a way, gave me the opportunity to pause. Because the whole world was on pause, and everyone else didn't know what to do.

So, I just decided to leave my condo in Bangkok. It was the beginning of COVID-19, and everyone started to panic and hoard in the supermarket. I thought, "Okay, I can't be in Bangkok. I don't want to be trapped here, for I don't know how long." We didn't know when it was going to end, right? All I knew was that I needed to get away from the city. Packed up my stuff, got a taxi, which dropped me off at the pier. Went to an island about five to six hours away; I don't even remember the name. Then I stayed on that island for two months because of the lockdown. I was basically living in a bubble. On the island, no one talked about COVID-19. Life just carried on because it was geographically isolated.

Yidan and Yidan's Farm
Courtesy of Yidan Xiong | Photo from Instagram/Yidan's Farm

I roamed around Thailand for almost two years.

Luckily, I had some savings. It was also then that I realized that, after I left Bangkok, after two months living on the island, I could hardly remember what I had in the condo. At that point, I realized that if everything disappeared in that condo, it actually wouldn't affect my life at all. I don't need those things.

That's when I started to ask myself: "What do I actually need for my life?"

So, I lived on my savings for two years, just roaming, adopted a cat on an island, and travelled with that cat, met some people along the way, and travelled with them too.

Two years later, I came to Chiang Mai, and that was when I felt like I needed a home. It was cool to be a nomad and roam around, but I'm tired of moving around and moving my cats around. That was when I ended up in Chiang Dao.

When you built the farm, was it always meant to be a farmstay?

Everything just kind of happened, like a flow. I have no idea what I'm doing [sometimes]. It was very spontaneous, organic in a way. Something I kind of just manifest an idea and people sometimes get on board because they agree. With this, I'm really lucky people trust me and they invested in this idea. They saw something in it, something about our farm stay that is unique, different, and interesting.

COVID-19 also pushed people to long for this kind of connection to others and to nature. Slowly we just built things and now we have five accommodations or houses. And we have a capacity to host up to 20 people.

We're now a group of six people who are living together at the farm. But I'm the one who really lives here full-time and operates everything.

A lot of people are also thinking of making a similar jump: leaving their corporate lives behind and starting something rural or closer to nature. What would you say was the hardest part of that transition?

Realistically, for most people who have worked their entire lives in a corporate setting, they don't have the actual skillset to be able to live in the countryside. But that's not really the hardest part because I also didn't know how to farm, how to build things on my own, even the language. But I grinded in all those five years. Even to this day, I'm still learning how to fix water heaters or this and that, right? I'm still learning every day. So those practical things, finances, skillsets, are not really the number one obstacle.

It's the mentality.

You have to be mentally prepared that in the years to come, you will have to learn everything from scratch. And also, the loneliness. I was alone there, living and building my farm, for two to three years. I had people but they come and go. It was actually an emotional struggle back then because I'd meet friends and people who have the same energy, and we build a connection. But they have to leave. So that was my struggle for a while, being in a fluid status where everything is constantly changing around you.

You mentioned before that you would stay in farms and being treated like a customer is not exactly what you were looking for. Now that you have Yidan's Farm, is that something you aim to do differently?

From the very beginning, we are very different. Right now, my guests, I don't really see them as my guests. I think about 30 to 40% of my guests who come to stay at our farm, they are people who have stayed with us before already, and they're just coming back again.

A lot of times you will see former guests who volunteer with tasks, like helping other guests check in. They would stay for one to two months, and our farm has become like their spiritual home. It's become a community.

In a way, they've also been part of the journey from the start. Because I started to share this whole farm building journey from Day 1 on YouTube, also on Instagram, Facebook, and on my Chinese social media platforms. I didn't have a lot of followers back then, but some of my long time followers have seen my videos from Day 1 when I didn't even know how to hammer a nail to five years later. So, for them, there's also an emotional connection [even before they visit the farm].

Finding validation in your career is something that you said you had to change. Now that you're doing the hard labor of building this farm and running it, do you find validation in being able to do these very physical tasks?

For me, the biggest validation right now is that I know that if you drop me in any corner of the world, I'm able to make a living.

And I can live a fucking great life. Because I have proven to myself that I have this ability to start from zero and adapt myself in a completely new environment and culture, connect with people, physically build a house for myself, attract people who are on the same frequency, and start a novel kind of co-living community.

I'm also able to farm my own food. So that sounds like a very complete, wholesome life to me.

Organic Food and Community
Photo from Instagram/Yidan's Farm

Going back to your career, what led you to FinTech and cryptocurrency in the first place?

When I first heard about Bitcoin, crypto, blockchain [and more], it was like 2017. I was working in the entertainment industry back then, still in marketing. The majority of my corporate life was always about advertising, PR, and marketing.

When I started to work for a crypto brand, I was doing PR, building the brand image, hosting events and conferences. It was a whole new world [back then], I was pretty hyped about the concept. A decentralized, borderless kind of utopian world where everyone owns their own money and no one controls them. I guess that was kind of idealistic, but that's why I was really attracted to it and why I started to work in that space. Back then, it was very early stages of crypto in Beijing. I went to meetups and there would be people from twenty different countries — and everyone was so passionate. That whole vibe kind of really got me.

What did a typical day look like for you back then?

I didn't really have a typical day, to be honest. That was how the industry was like back then. It was totally chaotic. No one knew exactly what they're doing. It was kind of hectic and, I mean, in a way, I'm good with dealing with chaos. Chaos was my friend. I'm quite adaptable, flexible, a spontaneous person. So, it was easy for me to adapt to the new industry and environment.

Back then, I would fly to many different countries. [During my time there], I visited over 20 different countries. We organized and hosted a lot of meetups, events, conferences. Online digital marketing, building communities online.

A lot of it was seemingly done on the fly and you did a lot of traveling. Would you say it was a very demanding career, especially when you were in the thick of it?

Yeah, I think, although I'm good with chaos, it makes you feel lost after a while, right?

At some point, you just pause and you think like: "What am I doing here?" It's not like anything that you were building was leading to anything physical. Unlike building a house, you sketch something and a month later, you see a house standing there. But the whole business was virtual. They kind of have a sense where you don't feel where your achievement is.

Like, where did it land? What did it bring to the world and the people around you? I asked myself that [at some point] and my parents asked me all the time: "What do you do?" And I didn't have an answer for that. I didn't know how to explain it. Then I realized, it's a job where the accomplishments or the value it brings to the people or the community, or the meaning of it all, gives you pause. Like why am I spending my valuable life and energy into something that I don't see the value of?

Yidan as a speaker
Courtesy of Yidan Xiong

Now that you're in a farm. What do you love most about it? What does your day at a farm look like?

My life at a farm is very simple, relaxing. It starts at around 6 or 7 o'clock. If we have guests, we make them coffee. I live with my boyfriend and he also volunteers in the farmstay. He's a barista, so he makes coffee while I entertain the guests. We also have a yoga space in the middle of the rice field and since I practice yoga, sometimes I do yoga with the guests.

I have a huge group of animals, so I check on them and feed them. Interact with them. Then online work. I spend about three to four hours focused on something online. We call the cafes around us our "office," and that's where I go to work because I can't really focus so much at the farm since there can be a lot of distractions.

In the morning, we also brief ourselves about the maintenance. What needs to be done like check ins and outs. Welcome the guests. House repairs. Farming schedule, harvesting and planting. Then in the evening, we cook. We have a big communal kitchen, and we have a community dinner. There are about two to three bars in town, but we also mix our own cocktails. I make my own plum wine [and] we ferment things too like kombucha. Sometimes we host our own parties or have outdoor movie nights.

In the past, you talked about the role of money in attaining freedom. Has your definition of freedom changed since leaving the tech industry?

My definition's changed along the way, at some point in the whole journey of building this place and the community. Before, my definition of freedom was to be able to travel or go wherever I want instantly. Now that I have many obligations at the farm — like the animals, the guests, the property — travelling is not as easy. I'm not able to leave just like that.

Now, freedom is being responsible at the same time as being able to be free. It's not just physical freedom anymore. Yes, I can go wherever I want, but what is the consequence of that? At every stage in your life, you realize that you have to redefine your idea of freedom again and again. Because things always change, so you have to change too.

Right now, [I ask myself]: What is the utmost freedom that I can reach at this stage of my life and still be able to hold onto the things that I can call valuable? My animals, my relationship with my community, my place, my farm, the things we grow here — these are valuable to me. Freedom now means balancing those things.

You talked about people coming from all these different countries, coming to stay in your farm for months. Why do you think people are drawn to this?

To a certain degree, I would say everyone is escaping from something.

I was also escaping. But what matters is what do you do after escaping? For me, the initial intention was moving out of the city to the countryside because I had enough of it. Sometimes, you just want to go: "Fuck it, I just want to run." And there's no shame in wanting to run away. Sometimes, it's too much for some people.

Everyone is going through some struggle. Modern struggles may not always look harsh, but the mental stress, loneliness, and everything our generation is going through is still a lot. First step is accepting that there's no shame in wanting to escape. But the idea of it may even make you feel guilty, especially when life may seem so perfect. But if you have that idea of wanting to leave and start a new life, acknowledge it. Face it, and once you've decided what you want to do, follow through on it.

Following through is the part a lot of people actually struggle with. A lot of people think they might be escaping one bubble only to end up in another bubble. Like a lot of people in these hippie places, they escape to the islands, but they refuse to learn the local language, eat the local food, and do what they used to do in their own country.

First day after buying the farm
Courtesy of Yidan Xiong

Is there anything from your past career that you're still trying to unlearn, or some reflex that you find yourself still doing?

Yeah, I mean now I'm marketing my own life. I'm not exaggerating it or boosting it, not trying to convince anyone of buying my lifestyle. I'm just telling, sharing that this is my life right now. And if people are interested, they can come have a look, come to the farm, stay here and see what our life is like.

When I first started to post videos, a lot of people commented that they don't believe I'm really here. They said: "She's just shooting videos in the countryside and she'll go back to her condo in the city after that." But eventually, it became less and less. No one can pretend for such a long time. Maybe a month or two, but for five years?

I understand [why they react that way]. It's not cynical. In a way, they're probably angry at themselves. They want to make the same choice, but they're not able to do it. So, they make excuses for themselves. They just tell themselves it's not real, so that they feel better.

But they can come book our farm stay, live with us for a few days, to get the feeling for it. And they can figure out if it's something they really want. Because it's not just a story. It's a lifestyle. We live here.

If you could talk to Yidan before the COVID pandemic, what would you tell her?

I'll just tell her: "You're doing great. You're on the [right] path. Whatever you haven't figured out, you'll figure it out. It's all [where] it's supposed to be." Honestly, if I get that chance, I will say nothing. Because I think whatever I chose to do at that point is supposed to be happening at that point. I never really felt like I did something that I didn't enjoy.

Even when I worked in corporate back then, I enjoyed it. Then I stopped doing it when I stopped enjoying it. It was #NoRegrets *laughs*

What's next for you and Yidan's Farm?

Five years is a milestone. Honestly, this project has grown beyond what I have anticipated in the beginning. There was no plan, no business model, and I'm very proud that we've gone so far. But is also brings a lot of challenges, for sure. I need to think about the project less in a personal way, but more in a community and business way. It's not just myself and my animals anymore. This project needs to support the people who are working for this project; they need to get paid. And it's growing, so we need to think of things in a more systematic, even in a corporate way. This is something I can probably borrow from my old corporate life.

Corporate is not a bad word. Running things in a corporate way just means bringing in professionalism and structure. It's not just being in a corporate world.

We were featured in a BBC documentary by Ben Fogle: New Lives in the Wild. One episode was about my farm and I'm travelling because of private screenings. Like business trips with my previous job. Because of these, a lot of people have come over to visit our farm.

In the near future, we're also planning on having our own coffee farm and roastery. We're also planning on an Eco Village project for two years now. We might potentially expand our land, create a sort of village for those who want to stay long-term like a couple of months or half a year whenever they come back, they have a place here they can call home.

Yidan's Farm and cats
Photo from Instagram/Yidan's Farm

This interview has been edited for length and clarity.

To learn more about Yidan Xiong, follow her on Instagram. For updates and information on Yidan's Farm, follow them on Instagram.

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Photo from Website/Tourism Authority of Thailand (TAT) Newsroom

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Get the latest curated content with The Beat Asia's newsletters. Sign up now for a weekly dose of the best stories, events, and deals delivered straight to your inbox. Don't miss out! Click here to subscribe.

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Instagram Krungsi First ChoicePhoto by Instagram/Krungsi First Choice

Applying for a credit card feels like taking a big financial step, especially for young professionals and fresh graduates. Having a card not only helps build your credit history but also provides a convenient payment method while giving you financial flexibility.

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Krungsri First Choice Visa Platinum

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Bangkok Bank Visa Platinum Credit Card

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UOB YOLO Platinum Card

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TMBThanachart (ttb) So Smart Credit Card

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AEON NextGen Digital Credit Card

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Bangkok/ Venture/ Careers

Trans for Career THL is Supporting Trans Men & Women in Their Job Hunts

352271 BC D023 4 B7 A BF89 2 FB29 D82196 CPhoto by Courtesy of Risa Siriwat

Despite the ostentatious celebrations we hold for Pride Month, it’s obvious that true equality has a long way to go. In Thailand, one of the most difficult aspects of life that members of the LGBTQIA+ community have to navigate is their careers. Those seeking to better themselves may find difficulties in climbing their desired ladder as the path to success comes riddled with prejudice and discrimination.

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Founded by Risa “Mai” Siriwat, Khemmanath “Kob” Naradech, and Nishanaaj “Sarina” Sudlarphaar, Trans for Career Thailand has done an exemplary job of using social media to reach their desired audience.

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A portrait of Risa Siriwat

How did your personal journey inspire you to establish Trans for Career?

Risa: My personal journey has been marked by significant challenges and discrimination in the workplace due to my identity as a transwoman. One pivotal moment was when I applied for a position as a stock and investment analyst and was dismissed despite my qualifications, simply because of my gender identity. This and other similar experiences inspired me to co-found Trans for Career Thailand (TFCT) to support transgender individuals in their professional pursuits and to advocate for their rights and inclusion in the workforce.

How are trans people viewed in Thailand?

Risa: Transgender people still encounter significant discrimination and stereotypes, especially in professional settings. The media often perpetuates negative stereotypes, portraying transgender people as comedic or solely belonging in entertainment or beauty industries, which affects their employment opportunities and societal acceptance.

For example, when I applied for an equity analyst position at a major securities firm, the interviewer suggested I work as a makeup artist despite my finance background and lack of makeup skills. Many talented trans women are pushed out of the professional market and forced into jobs they dislike simply to make ends meet. This kind of tragedy always breaks my heart.

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Thailand has few laws to support the rights and freedoms of the LGBTQIA+ community yet it also touts itself as a very LGBT+ friendly country. Why do you think that is?

Risa: The disconnect arises from Thailand's desire to present itself as a progressive and inclusive society to attract tourism and international attention, while the actual legal framework and societal attitudes lag behind.

Although Thailand is marketed as LGBTQIA+ friendly, the country lacks comprehensive legal protections for the LGBTQIA+ community, including laws against discrimination based on gender identity and sexual orientation. This discrepancy highlights the difference between external perceptions and internal realities.

What are the laws in place right now that protect and empower those in the LGBTQIA+ community?

Risa: Currently, the Equality Act of 2015 is one of the few laws that offers some protection against gender-based discrimination in Thailand. However, it is not specifically tailored to address the unique challenges faced by the LGBTQIA+ community. The community advocates for more comprehensive anti-discrimination laws, legal recognition of gender identity, and equal marriage rights. Strengthening these legal frameworks would significantly improve the rights and protections for LGBTQIA+ individuals.

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Are there certain sectors that are less welcoming of trans and or LGBTQIA+ members than others?

Risa: Yes, certain sectors are less welcoming to transgender and LGBTQIA+ individuals, particularly those that are seen as requiring "high credibility," such as finance, law, and corporate sectors. These industries often hold conservative views and are less accepting of gender diversity compared to more progressive sectors like entertainment and beauty, where LGBT+ individuals are more visible and accepted.

What are the unique problems that trans people face in the work environment that people may not be aware of?

Risa: Transgender individuals face unique challenges in the workplace, including discrimination during hiring, lack of legal recognition for their gender identity, and workplace harassment. Trans women often face issues related to credibility and appearance due to negative societal perceptions influenced by media portrayals.

In contrast, trans men face the problem of lack of recognition; many people are unaware of their existence, leading to their issues being overlooked and unresolved. This results in different types of discrimination and lack of support for their community. Both groups struggle with the lack of policies and practices that accommodate their needs and ensure their safety and inclusion in the workplace.

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Why are Thai transgender candidates rejected for career opportunities more than other people in the LGBTQIA+ community (i.e., lesbians, gays, bisexuals)?

Risa: Trans women are disproportionately affected in the job market compared to other LGBTQIA+ individuals due to media portrayals that depict them as comedic figures, which undermines their credibility. This creates unconscious biases, making it difficult for society to envision trans women in professional roles. According to a World Bank paper, about 77% of trans women are immediately rejected during the pre-screening process in recruitment. These biases result in higher rejection rates and less acceptance in professional environments.

What does Trans for Career aim to do for the community?

Risa: I want to clarify that advocating for the hiring of LGBTQIA+ individuals does not mean pushing for their employment regardless of qualifications. What we seek is fair consideration based on our qualifications. I never advocate for preference, only for the opportunity to be judged on an equal footing. Trans for Career Thailand is dedicated to creating an inclusive and supportive environment for transgender individuals in the workforce.

We believe that diversity and inclusion are crucial for the success of any organization and that every individual, regardless of their gender identity, should have the opportunity to pursue their career goals without facing discrimination. We continue to work towards raising awareness, changing perceptions, and advocating for the rights and inclusion of transgender people in all sectors of society.

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Bangkok/ Delish/ Happenings

One Bangkok to Bring Mitsukoshi Supermarket, Food Hall to Thailand

One Bangkok to Bring Mitsukoshi Supermarket Food Hall to ThailandPhoto by One Bangkok

Just a few months ahead of its highly anticipated opening, fully integrated smart and sustainable district One Bangkok has partnered with Japan’s largest department store group, Isetan Mitsukoshi Holdings, to bring the latter’s first food destination to Thailand.

Under the joint venture, the two companies will open a Mitsukoshi supermarket and food hall at the One Bangkok Retail space. According to the press release, the soon-to-open Mitsukoshi food destination will span over 4,600 square meters and will house various local and international brands.

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At the supermarket, customers can look forward to a range of high-quality fresh produce, fresh meat, and fish from exclusive farmer networks, and trusted Japanese producers.

Meanwhile, the food hall will offer a variety of pastry boutiques, cafes, restaurants, and Japanese vendors, among others.

"Their decision to bring a distinctive Japanese culinary experience courtesy of Mitsukoshi to One Bangkok will enhance our mixed retail tenants as a key anchor, giving an immersive authentic Japanese tradition and experience to Thai residents and international visitors,” said Panote Sirivadhanabhakdi, Group Chief Executive Officer at Frasers Property Limited, One Bangkok’s developer.

One Bangkok is slated to open in the fourth quarter of 2024.

Watch out for Mitsukoshi’s supermarket and food hall openings by following One Bangkok on Facebook and Instagram.

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Bangkok/ Venture/ Money

Struggling to Budget Your Money? Here Are Five Expense Trackers to Help You

Instagram ExpensifyPhoto by Instagram/Expensify

Budgeting may seem like an easy task, but the truth of the matter is, it takes a lot out of you. Not only do you need to think ahead about your expenses for the next few weeks or months, but you’re also dealing with numbers, which can be confusing. The good thing is that expense-tracking apps are available to make the process of budgeting smooth and straightforward. Often, these applications have calendars, in-app calculators, and budget planning sheets that can be beneficial for your money-saving strategy.

Here are some of the best budgeting apps if you’re struggling to manage your hard-earned money.

Spending Tracker

Google Play/Spending Tracker

As straightforward as its name, Spending Tracker is a user-friendly application that showcases an intuitive interface, making it an ideal choice for beginners. Some of its best features include the Log Expense and Income function, which allows for easy logging of budget entries; the Flexible Time Periods feature, which lets you choose to track your budget weekly, monthly, or yearly; and the Reports tab, which gives you an overview of where your money goes.

Spending Tracker is available for free download on Google Play and App Store.

Expensify

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Whether you’re a business owner who needs an app to keep track of expenses or someone saving up for a big purchase, Expensify might be the app you’re looking for. Dubbed the “ultimate expense management solution,” this tracker boasts efficient features to help you budget your money seamlessly. It has a receipt scanner and organizer, which helps streamline expense management and offers better financial insights for the user. Moreover, it also features a budget tracker that supports multiple currencies.

Expensify is available for free download on Google Play and App Store.

Honeydue

Facebook/Honeydue

Whether you’re newlyweds or a couple living in one home, Honeydue is the perfect budget-tracking app for you. Tailor-made specifically for couples, this application helps you manage your budget, expenses, and bills together. This app promotes transparency between partners, allowing both of you to see all of your bank account balances in one place. However, if you want to maintain a sense of privacy while also having a joint tracker, there’s an option that lets you choose how much of your financial information you share with your partner.

Honeydue is available for free download on Google Play and App Store.

Goodbudget

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If you’re building a family or planning to move out of your home, Goodbudget can help you manage your expenses throughout the whole moving process. It features a myriad of helpful functions, including the ability to list your expenses and upcoming bills and notify you when the due date is near, so you don’t miss any payments. The best part is that transactions are backed up to the cloud and accessible from other devices, including Goodbudget’s web app.

Goodbudget is available for free download on Google Play and App Store.

Krungthai NEXT

Website/Krungthai NEXT

Do you need an application that will help you keep track of your finances at your fingertips? Krungthai NEXT is your best bet. This Thailand-born app is easy to use, allowing you to transfer money, top up accounts, pay bills, withdraw funds, and apply for loans with no hassle. It also features a function called Smart Banner, which gives you reminders about your upcoming payments so you can avoid late fees. Moreover, it also allows users to schedule transactions up to 24 months in advance, giving you the ease of knowing that your bills will be paid on time. For queries and more details about the app, reach out to Krungthai NEXT via 02-111-1111.

Krungthai NEXT is available for free download on Google Play and App Store.

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Bangkok/ Venture/ Money

Thailand’s Top User-Friendly Banks for Young Adults

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There is a certain thrill in opening your first bank account, but choosing the right bank can be a hassle. Fortunately, with everything going digital in recent years, now you can make payments with the tap of your smartphone.

Although we are still waiting for our first all-digital bank to launch in Thailand, our traditional banks have adapted to our digital lifestyle by providing online banking apps that offer convenience, speed, and security.

No more physical passbooks! If you're interested in opening a savings or deposit account in Bangkok in 2024, here are the top banks you can consider.

Kasikorn Bank

Kasikorn Bank

Kasikorn Bank, also known as K Bank, was initially established as Thai Farmers Bank in 1945. Today, it is considered one of the largest and most popular banks in Thailand, catering to both locals and foreigners. Today, it comes with a reputation for offering top-notch financial services and digital banking solutions.

To open a basic savings account with K Bank, you don't have to make any minimum deposit. You will receive a K-Debit Card (for THB150) with an annual fee of THB250 per card. This account is eligible for credits twice a year, in June and December. If you have an account with K Bank, you can quickly apply for a K-Bank PLATINUM credit card and a personal loan of up to THB1.5 million.

Download the K-Bank app to enjoy various digital banking services, including money transfers, QR code payments, cardless withdrawals, and bill payments for your credit card and utility bills.

How/where to sign up:  Simply walk into any K-Bank branch with your Thai ID or Passport. 

Interest Rate for Credit Card: 16% per annum with an annual fee of THB1,050  

Other features: No additional fees, No minimum deposits 

Bangkok Bank

Bangkok Bank

Bangkok Bank is the go-to bank for anyone looking for international banking services. Established in 1999, it is one of the top providers of corporate finance with the biggest retail customer base in the country.

You can easily sign up for an e-savings account from the comfort of your home without any account opening fees. Alternatively, you can simply head to any of their branches and open a savings account that comes with a Be1st Smart Card. With this card, you can conveniently make cash deposits and withdrawals, and your account will receive interest every six months.

How/where to sign up:  Download the Bangkok Bank app on Apple Store or Google Play or simply head to any branch to open an account.

Interest rate for Credit Card: 16% per annum, minimum THB1,500 annual fees for credit card

*Contact bank for an interest rate of 0%* per month for a 6-month installment plan 

Other features: THB500 to open a savings account

Siam Commercial Bank

Siam Commercial Bank

Siam Commercial Bank (SCB) is the first bank ever established in Thailand, through a royal charter in 1907. With over 110 years of experience, SCB is a leading universal bank that offers exceptional financial services with a wide range of products and services.

You can easily visit any branch and open a general savings account that includes a debit card for THB100, with annual fees of THB200 that comes with an old-school passbook. Additionally, you can apply for a personal loan up to THB3 million with no need for personal guarantors.

How/where to sign up: Find the nearest branch and open your savings account at the bank. Download the SCB Easy App (Apple Store or Google Play) for mobile banking services. 

Interest Rate of Credit Card: 16% per annum

Other features: Minimum deposit of THB500

United Overseas Bank (Thai) Public Company Limited

United Overseas Bank (Thai) Public Company Limited

United Overseas Bank Limited (UOB) was established in 1935 with a commitment to providing quality products and exceptional customer service. With a global presence of 500 offices across the world, UOB is user-friendly for both locals and expats. UOB Thailand is a regional bank that strives to bring connectivity to its customers.

Recently, UOB acquired Citibank in 2022, and all Citi-branded products have been migrated to UOB products. If you're a newbie, you can easily open a TMRW Savings account by downloading the app and enjoy an attractive interest rate of 1.3% per annum with no minimum initial amount. UOB is popular for its diverse range of credit cards, catering to different interests. From its UOB Royal Orchid Plus Credit Card, popular amongst travelers, to the UOB Premier Card for Shopping, you can choose the one that best suits your needs.

How/where to sign up: Find the nearest UOB branch and open your savings account at the bank or download the app via Apple Store or Google Play.

Interest Rate of Credit Card: Depends on the type of card

Other features: No Minimum amount required 

KrungThai Bank

KrungThai Bank 

Krungthai Bank Public Company Limited is a state-owned bank that was founded in 1966 under a license issued by the Ministry of Finance. Over the years, the bank has evolved from being just a convenience bank to embracing the concept of “Growing Together for Sustainability.”

Opening a savings account with Krungthai Bank is a hassle-free process. You can simply download the bank's app, follow the steps, and verify your identity via NDID or the nearest KrungThai ATM. Alternatively, you can visit one of their branches and make a required deposit of THB500 if you prefer the traditional way of doing things.

How/where to sign up:  Download the app via Apple Store or Google Play or visit the nearest branch. 

Interested Rate of Credit Card: Depends on the type of card

Other features: KTB Visa Debit Card requires THB200 annual fees with a deposit interest rate of 1.5% per annum 

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Bangkok/ Venture/ Money

Swipe and Earn Perks: 6 Credit Cards in Bangkok with Travel Deals

Website Krungsi Bank 2Photo by Website/Krungsi Bank

According to statistics published by Statista.com, Thailand saw a surge in credit card payment transactions in 2022. The number rose from approximately 686 million transactions in 2021 to 850.4 million transactions in 2022. Owning a credit card not only offers convenience and serves as a backup fund, but it also helps individuals build their credit history.

Are you contemplating whether to apply for a credit card or not? These cards come in handy during shopping trips if you prefer to not carry large amounts of cash, while also providing reward programs such as discounts and cashback. Aside from being convenient for online purchases, some credit cards also have travel benefits for frequent flyers. From providing travel insurance to giving airport lounge access, there are enticing perks awaiting cardholders.

If you’re considering applying for a credit card soon, we’ve curated a list of cards that offer unbeatable rewards, including travel deals that enhance your flying experience. Check them out below:

Bangkok Bank Visa Platinum Travel Credit Card

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One of the oldest and biggest banks in Thailand, Bangkok Bank offers a range of cards that suit different lifestyles. Jetsetters will lean toward the Bangkok Bank Visa Platinum Travel Credit Card that lets you enjoy traveling with four key benefits: special deals on tour packages and access to activities organized by the Tourism Authority of Thailand, mileage redemption, personal assistant services, and travel insurance.

For mileage redemption, spending at least 25THB earns you points that can be redeemed for flights with Thai Airways, Bangkok Airways, or AirAsia. Going on a trip soon? You’ll also receive advice on arranging international visas. As for travel insurance, get up to US$200,000 protection for you, your spouse, and children under 23 years old. If you’re traveling together domestically or overseas, you can use your credit card when paying for public transport tickets or tour packages.

You can apply for the Bangkok Visa Platinum Travel Credit Card today and conveniently track your application online.

Krungsri Exclusive Signature Credit Card

Website/Krungsi Bank

Officially known as Bank of Ayudhya Public Company Limited, Krungsri Bank is recognized as the fifth-largest bank in Thailand. The Krungsri Exclusive Signature Credit Card offers enticing deals, including travel privileges for primary credit cardholders who have accumulated spending within a specified period.

For 2024, they are offering a BKK-America round-trip direct airfare ticket, private limousine, and airport services when the target spending is reached by December 31. This privilege can be claimed within the year until January 31, 2025. Got a long flight? Those who can maintain a certain total investment balance will also be granted access to the Thai Airways International Royal Silk Lounge at Suvarnabhumi Airport or Royal Silk at domestic airports twice a year; as well as to worldwide airport lounges via DragonPass Card up to four times a year.

You can review the terms and conditions of this travel privilege online as well as how you can upgrade your ticket when flying.

Kasikornbank (KBank) Debit Card

Website/KBank

KBank invites you to make the most of the ultimate lifestyle experience with the KBank Debit Card, a card that lets you dine, travel, and shop with unmatched benefits and privileges. While not a credit card, you can still get discounts from participating merchants of VISA. Traveling overseas? You can avail of travel insurance coverage of up to THB100,000 when you use your KBank Debit Card when purchasing your air ticket.

Travel insurance covers accidents, loss or damage of baggage, baggage delay, trip delay, and trip postponement or cancellation.

You can view the application details and process online and be on your way to becoming a KBank Debit Cardholder.

KTC Visa Signature Credit Card

Website/Krungthai

Krungthai Card Public Company Limited or KTC wants you to make the most out of life with the KTC Visa Signature Credit Card, a card with no annual fee and a bevy of privileges for cardholders. Aside from letting cardholders earn twice the KTC FOREVER points when spending in foreign currency, primary cardholders are also granted access to Suvarnabhumi Airport’s MIRACLE LOUNGE twice a year. To avail of this perk, you need to have a normal account status and should have made at least one transaction after activating your card.

To access the MIRACLE LOUNGE, present your KTC Visa Signature Credit Card with a Thai Airways boarding pass for international flights.

You can easily apply for your KTC Visa Signature Credit Card online.

UOB Zenith Credit Card

Website/UOB

A subsidiary of the United Overseas Bank Limited, UOB Thailand wants you to “discover the pinnacle of privilege” with the UOB Zenith Credit Card, a card that lets you earn rewards for spending in Thai Baht or foreign currency.

Aside from earning twice or thrice the reward points, frequent travelers can avail of complimentary airport limousine transfers at participating airports in Bangkok and within the Asia Pacific region twice a year. Through a Priority Pass card, you can also get unlimited complimentary access to over 1,300 airport lounges in Thailand and around the world. Staying in a hotel? Get a complimentary fourth night at participating hotels when booking through UOB Zenith’s Personal Assistant and paying with your Zenith Credit Card.

You can apply for UOB’s Zenith Credit Card online.

ICBC Horoscope UnionPay Credit Card (Platinum)

Website/ICBC Thai Bank

Industrial and Commercial Bank of China (ICBC) Thai Bank offers a variety of credit cards tailored to different needs, but for frequent flyers, the Horoscope UnionPay Credit Card (Platinum) stands out as the best choice.

Some key benefits of owning this card include enjoying a “no foreign exchange risk” perk, meaning all transactions conducted in Thailand and abroad are settled in Thai Baht. When dining out during your travels, you can receive a four percent cash rebate when spending THB1,000 or more at restaurants worldwide. Going on a long flight? The Horoscope UnionPay Credit Card (Platinum) allows you to purchase DragonPass Lounge VIP access at a discounted rate, providing access six times a year.

Each credit card privilege comes with terms and conditions. You can apply for an ICBC credit by visiting any of their branches nationwide. You can review the required documents for each application online.

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Bangkok/ Venture/ Careers

THE Recognises Chulalongkorn University as Thailand’s Top University

THE Recognises Chulalongkorn University as Thailands Top UniversityPhoto by Website/Chulalongkorn University

Surging 102 spots from its previous ranking, the Times Higher Education (THE) has named Chulalongkorn University as Thailand’s top university and placed 117th overall in Asia among the other 739 participating universities across the region.

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The ranking was based on five key indicators: Teaching (24.5%), Research Management (28%), Research Quality (30%), Industry (Industry income and Patents) (10%), and International Outlook (7.5%).

Aside from Chulalongkorn University, 19 more universities from Thailand were also included in the list, along with Mahidol University on the second spot, and King Mongkut’s University of Technology Thonburi on the third spot.

Standing as the first and oldest university in Thailand, Chulalongkorn University has a long list of recognition, from local to international, as one of the leading universities that provides innovative and quality education.

For the full rankings, visit their website.

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Bangkok/ Venture/ Careers

Level Up BKK: Business, Seminars, & Masterclass Events in May 2024

Level Up Bangkok Business Seminars Masterclasses in May 2024

The hustle never stops, and neither should your professional growth! If you're looking to boost your career and expand your network, you're in luck. We've handpicked a selection of top-notch business events happening this month that promise to deliver unparalleled insights, practical knowledge, and valuable connections.

From thought-provoking seminars led by industry experts to practical masterclasses that delve into the latest trends and strategies, these events offer a wealth of opportunities to equip you with the knowledge and connections to thrive.

1. Leadership Beyond: Shaping the Future Executive

Leadership Beyond: Shaping the Future Executive
Photo by Website/Eventpop

Don't miss the "Leadership Beyond: Shaping the Future Executive" course at TK. Palace Hotel & Convention in Bangkok on May 3. Enhance your executive skills with sessions on digital marketing, AI, and more. Network with top professionals and receive a certificate! Secure your spot now!

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2. Create AI Products Manually

Create AI Products Manually
Photo by Website/Eventpop

What does it take to create AI products? Join the "Create AI Products Manually" online course from May 4 to June 30 to learn all things AI. Gain comprehensive skills in data handling, machine learning, API development, and agile management. By the end of the course, you will have a robust understanding of the end-to-end process of AI products. Perfect for enhancing both technical and leadership capabilities in AI. Register now!

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3. AustCham Thailand May Sundowners

AustCham Thailand May Sundowners
Photo by Website/AustCham Thailand

Experience networking at its finest with AustCham Thailand's May Sundowners at Sofitel Bangkok Sukhumvit on May 8. Connect with professionals and learn from leaders in healthcare and education. The entry fees are THB850 for members and THB1,700 for non-members. Book your spot now!

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4. SweCham Business Connect May 2024

SweCham Business Connect May 2024
Photo by Facebook/Singapore Thai Chamber of Commerce หอการค้าสิงคโปร์ - ไทย

Join the SweCham Business Connect on May 9 at Oriental Residence Bangkok from 6:30 PM to 9 PM. Network with top business professionals, enjoy free-flow drinks, and discover collaboration opportunities. Tickets are available for members and non-members. Register today!

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5. Ask Me Anything (AMA) Series with Finance Experts: Session 1

Ask Me Anything (AMA) Series with Finance Experts: Session 1
Photo by Facebook/CFA Society Thailand

Engage with finance leaders Win Phromphaet and Martina Watcharawaratorn in the first session of the CFA Society Thailand's AMA Series on May 16 at Glowfish. Ask about everything from investment strategies to managing work stress. This is a must-attend session for anyone in the finance industry, promising valuable insights and networking opportunities. Sign up now!

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6. Study, Work, Network: France Alumni Day in Thailand

Study, Work, Network: France Alumni Day in Thailand
Photo by Facebook/France Alumni Thailande

Explore academic and career opportunities at France Alumni Day on May 18 at Alliance Française Bangkok. Engage with French and Thai companies, and gain insights into higher education in France through keynotes and workshops. Don't miss this chance to network with industry leaders and academics! FREE ENTRY!

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7. Masterclass: Unlock Financial Potential with Climate Risk Intelligence

Masterclass: Unlock Financial Potential with Climate Risk Intelligence
Photo by Facebook/Thai Institute of Directors (IOD)

Maximize your financial strategies with the "Masterclass on Climate Risk Intelligence" at Eastin Grand Hotel Phayathai on May 30. Learn from top experts how to assess and apply climate data effectively. Register now to secure your spot!

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