Showing 1 - 10 of 26
Concerns over foreign ‘zero-dollar’ factories
Lamonphet Apisitniran, Published on 29/05/2025
» Foreign “zero-dollar” factories, including those that enter Thailand in the form of foreign direct investment, are causing grave concern among industry leaders who fear they will deal a further blow to Thai manufacturing, according to the latest survey conducted by the Federation of Thai Industries (FTI).
Government urged to monitor nominee firms
Business, Lamonphet Apisitniran, Published on 06/05/2025
» The government is being asked to carefully promote foreign investment as some transnational firms plan to set up nominee businesses, where foreigners use Thai nationals as proxies.
Tech sector braces for new US export rules
Business, Suchit Leesa-nguansuk, Published on 25/04/2025
» The Thai technology industry is preparing for the impact of new tiered US AI chip export restrictions set to take effect on May 15.
Thai ombudsman calls for tougher crackdown on proxies
Post Reporters, Published on 17/04/2025
» Ombudsman Songsak Saicheua has urged the government to step up enforcement against foreigners using proxies to do business in Thailand, which is spreading in many sectors and costing the country income opportunities.
Thailand fights back against nominee firms
Business, Phusadee Arunmas, Published on 03/03/2025
» Several laws regulate the entry of foreigners into Thailand, according to Auramon Supthaweethum, director-general of the Department of Business Development (DBD).
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.
EU imposes tariffs on China EVs, risking retaliation
Bloomberg News, Published on 30/10/2024
» BRUSSELS — The European Union (EU) has imposed higher tariffs peaking at 45% on electric vehicles (EVs) from China, ratcheting up trade tensions between the world's leading export powers.
New Thaksin controversy hits Thai stocks' prospects
Business, Nareerat Wiriyapong, Published on 22/10/2024
» Global and local politics, including the Election Commission's (EC) decision to accept a case against Thaksin Shinawatra for dominating the internal issues of the ruling Pheu Thai Party, are limiting the upside for the Stock Exchange of Thailand (SET) after the Thai index briefly topped the 1,500-point range on Friday, say analysts.
Addressing the Thai nominee problem in foreign-owned firms
Business, Molpasorn Shoowong, Kuakul Mornkum, Lamonphet Apisitniran and Phusadee Arunmas, Published on 12/08/2024
» A large Chinese-language billboard explicitly offering a service to help customers obtain passports and citizenship for several countries, observed in Huai Khwang district last month, has again sparked a controversy regarding nominee businesses in Thailand.
Mideast jitters push gold past $2,400
Bloomberg News, Published on 12/04/2024
» Gold prices climbed to a fresh record on Friday as demand for the safe-haven asset was spurred by simmering Middle East tensions.