Asok Junction in Bangkok

Commerce Ministry probes 200 suspected ‘grey’ business fronts for foreigners

The Commerce Ministry has been investigating 200 companies suspected of acting as nominees for foreign businesses in a move to curb the so-called “grey business” sector, focusing on restaurants and tourism-related enterprises in four notorious areas of Bangkok.

According to Keerati Rushchano, director-general of the Foreign Trade Department, the practice of using Thai citizens unconnected with the business to allow a company to operate in Thailand is once again on the rise since the easing of the Covid-19 outbreak and, most recently, the reopening of China’s borders, resulting in a flood of Chinese tourists into Thailand.

Full story: Bangkok Post

Phusadee Arunmas
BANGKOK POST

TN

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