Showing 1 - 10 of 13
Ministries tackle nominees
News, Phusadee Arunmas, Published on 24/05/2025
» The Ministry of Commerce and the Ministry of Interior have signed a Memorandum of Understanding (MoU) to tackle the long-standing issue of foreign nationals using Thai nominees to acquire land unlawfully.
Foreign investment to be liberalised with shakeup of law
Business, Phusadee Arunmas, Published on 05/05/2025
» The Commerce Ministry plans to simplify business registration by removing 10 service businesses from List 3 of the Foreign Business Act, aiming to increase investment in the country.
Thai officials revise nominee inspection strategy
Business, Phusadee Arunmas, Published on 24/04/2025
» The Ministry of Commerce has revised its strategy for inspecting the use of Thai nominees by foreign business operators by targeting six high-risk sectors.
Durian exports set to increase and avoid dye contamination
Business, Phusadee Arunmas, Published on 21/03/2025
» Durian exports are expected to operate smoothly this year, with no concerns about basic yellow 2 (BY2) dye contamination, says Commerce Minister Pichai Naripthaphan.
Thai nominees crackdown targets 27,000 juristic persons
Phusadee Arunmas, Published on 24/11/2024
» The Department of Business Development (DBD) plans to probe 27,000 juristic persons next year as part of its crackdown on the use of Thai nominees by foreign businesses.
Crackdown on cheap foreign goods planned
Business, Phusadee Arunmas, Published on 19/11/2024
» The Commerce Ministry has drafted a plan to deal with an influx of cheap substandard goods from abroad.
Just 4 of 26,000 firms found using Thai nominees
Phusadee Arunmas, Published on 30/09/2024
» Only four out of more than 26,000 businesses in Thailand inspected by the Business Development Department were found to be illegally operating through nominees, while 64 others were found to have violated the accounting law.
Foreign investors updated on regulations
Business, Phusadee Arunmas, Published on 22/05/2024
» The Department of Business Development invited diplomats and representatives of international organisations in Thailand to attend a briefing on foreign investment under the Foreign Business Act (FBA) of 1999.
Commerce Ministry probes 200 suspected 'grey' business fronts for foreigners
Phusadee Arunmas, Published on 13/02/2023
» 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.
Three service fields to open for foreign firms
Business, Phusadee Arunmas, Published on 24/09/2018
» The government looks set to remove three service businesses from List 3 under the Foreign Business Act (FBA) to facilitate foreign investment in Thailand, with the move to take effect next year.