The term kathoey or katoey (Thai: กะเทย, IPA: [kaʔtʰɤːj]) generally refers to
a male-to-female transgender person or an effeminate gay male in Thailand.
Related phrases include sao (or phuying) praphet song (”a second kind of woman”),
or phet thee sam (”third sex”). The word kathoey is thought to be of Khmer
origin.[citation needed] It is most often rendered as ladyboy in English
conversation with Thais and this latter expression has become popular across
South East Asia except in the Philippines where the term Billyboy is sometimes
used.
It is quite amazing that the "girls" above have XY-chromosomes.
They are nice, slim Thai men that has been handcrafted into this what to the
normal male eye are beautiful young ladies. I'm flabbergasted.
The LadyBoy
experience by SukPshyko.
More about Katoeys can be found here.