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Phuket Authorities Raid Unlicensed Illegal Hotels

Thai Woman Detained In Myanmar Following Death Of American Diplomat In Yangon

Death Penalty Handed Down To Erawan Shrine Bombers After 11-year Legal Saga

Late-night Chemical Explosion Sparks Hotel Fire In Lampang

Two police generals transferred for alleged links to grey businesses in Myanmar

Two police major generals have been abruptly transferred to inactive posts at Operations Centre of the Royal Thai Police (RTP) for their alleged connections with casinos and “grey” businesses in Myanmar, according to an order signed by the police commissionermgeneral, Pol Gen Kitrat Phanphet. Thai police commander transferred over theft of impounded oil-laden vessels The […]

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Thailand Tightens Grip on Illegal Nominee Businesses in Key Sectors

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 damage within 21 months. More Than 230 Arrested in Phuket Nominee Crackdown The plan, divided into short-, medium-, and long-term phases, was developed in collaboration with relevant agencies. The crackdown […]

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Thai Commerce Ministry to Tackle Chinese Business Influence in Thailand

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 Chinese capital, on Thai businesses. Quality controls to be tightened on cheap imported Chinese products Chinese investors have reportedly been using a comprehensive strategy that includes importing low-cost goods, launching […]

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

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 many to consider selling their businesses. Thai ceramics industry threatened by Chinese knockoffs In response, Chinese companies, both bus manufacturers and operators, began negotiations to acquire these struggling Thai firms […]

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Thai Restaurant Industry Faces Over 50% Drop in Spending

On July 31st, 2024, Mr. Sorathep Rojpotjanaruch, the Chairman of the Thai Restaurant Business Association, revealed that the restaurant industry has faced a significant drop in spending, exceeding 50% recently. Blackpink’s Lisa Manoban visits Michelin-starred street food restaurant Jay Fai in Bangkok The association had appealed to the Thai Prime Minister to address the current […]

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

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. Foreign Investment Flourishes in Thailand The index’s purpose is to offer vital information to investors who are seeking opportunities outside their local markets. The index is based on 100 indicators […]

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

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 Commander Lieutenant Colonel Suraphong Thanomjit, focuses on the suspicion that foreign business owners might be using Thai citizens as stand-ins to meet legal requirements. Ninety Visas Revoked, 614 Foreigners Arrested […]

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Thai businesses advised to prepare for global economic reset

The Thai private sector should brace for a global economic reset, amidst the uncertainty over geo politics and the changing political landscape, which will lead to a multi-polar world order and the advent of artificial intelligence (AI), warned Dr. Phatcharaphot Nuntramas, first executive vice present and chief economist of the state-run Krungthai Bank. Prayut Stresses […]

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