Thailand Tightens Grip on Illegal Nominee Businesses in Key Sectors

The Baiyoke Tower II in Ratchathewi District, Bangkok
The Baiyoke Tower II in in the Ratchathewi District Bangkok, second tallest building in Thailand. Photo: pxhere.

On November 27th, 2024, Deputy Commerce Minister Napintorn Srisunpang outlined a nationwide strategy to address illegal nominee businesses in foreign-owned firms, aiming to mitigate economic [Read More…]

Thai Commerce Ministry to Tackle Chinese Business Influence in Thailand

Yaowarat Road is the centre of Bangkok's Chinatown
Yaowarat Road is the centre of Bangkok's Chinatown. Chinese immigrants and their descendants form the largest ethnic group in the city. Photo: Ninara.

On August 19th, 2024, Thai national media reported that the Ministry of Commerce is advancing efforts to address the impact of foreign investments, particularly from [Read More…]

Chinese Companies Eye Struggling Thai Bus and Restaurant Sectors for Expansion, Thai Business Owners Concerned

Hino White Bus in Bangkok.
Hino White Bus in Thailand. Photo: Pond 374-38.

On August 10th, 2024, Thai business insiders reported that several local bus operators are facing severe financial difficulties, with rising costs and continued losses forcing [Read More…]

Thailand ranks as second most attractive investment location among emerging and developing countries in Asia

The Baiyoke Tower II in Ratchathewi District, Bangkok
The Baiyoke Tower II in in the Ratchathewi District Bangkok, second tallest building in Thailand. Photo: pxhere.

Thailand has achieved second place among emerging and developing countries in Asia, according to the recent Global Opportunity Index (GOI) 2024, by the Milken Institute. [Read More…]

Investigation on Foreigners Using Thai Nominees to Run Businesses Continues in Phuket

A Family Mart minimart and pharmacy in a backstreet of Patong in Phuket
A Family Mart minimart and pharmacy in a backstreet of Patong in Phuket. Photo: PercyGermany - Jan Friedrich / flickr. CC BY-NC-ND 2.0.

In Phuket, the Thai police are investigating vehicle rental businesses in the Thalang district for potential illegal practices. The inquiry, led by Region 8 Police [Read More…]