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BUSINESS

Crackdown targets use of Thai proxies

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» The government is tightening controls on nominees by introducing new measures to prevent foreigners from using Thais as proxies to operate businesses, effective April 1.

BUSINESS

Oil price spike threatens to cut Thai GDP growth, raise inflation

Business, Boonsong Lipimas, Published on 24/03/2026

» A rise in global oil prices poses a growing risk to Thailand's economic outlook, with Tisco Financial Group warning that a 10% increase in crude from a baseline of US$72 per barrel could trim GDP growth by 0.3-0.4 percentage points, while lifting inflation by about 0.8%.

BUSINESS

Grab to buy Delivery Hero’s Taiwan business for $600 million

Bloomberg News, Published on 23/03/2026

» SINGAPORE — Grab Holdings Ltd agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for US$600 million, a deal that marks its first foray outside of its Southeast Asian base.

BUSINESS

Jury finds Musk ​misled Twitter shareholders

Published on 21/03/2026

» SAN FRANCISCO - A ‌US federal jury has found Elon Musk liable for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44-billion takeover in 2022.

THAILAND

Police send ‘VIP runway’ case to anti-graft body

News, Post Reporters, Published on 20/03/2026

» Police have completed their investigation into a “VIP runway” on land owned by the family of Prime Minister Anutin Charnvirakul in Nakhon Ratchasima and forwarded the the case to the National Anti-Corruption Commission (NACC).

BUSINESS

Cabinet focuses on illicit tour operators

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» The cabinet has instructed the Tourism and Sports Ministry to accelerate efforts to tackle the use of nominees in tourism businesses, including so-called "zero-dollar tours", as they affect the country's tourism industry.

THAILAND

True Corp appoints Khun Nakul Sehgal as Chief Financial Officer, ending Co-CFO structure

Published on 14/03/2026

» Bangkok, 13 March 2026 – Following the completion of the Arise and Telenor transaction, the Board of Directors of True Corporation Plc today approved the appointment of Khun Nakul Sehgal as the Chief Financial Officer of the company, effective March 13, 2026. This decision marks the end of the co-CFO structure that has been in place since the amalgamation of True and Dtac in March 2023. Moving forward, the CFO role will be consolidated, granting Khun Nakul full end-to-end responsibility for all finance functions within the company. 

BUSINESS

Foreign holdings of Thai stocks peak

News, Nuntawun Polkuamdee, Published on 13/03/2026

» Foreign investor holdings in Thai stocks reached a new record high of 6.11 trillion baht in January, representing 37.1% of the total market capitalisation and reflecting growing overseas interest in the equities market, says the Stock Exchange of Thailand (SET).

THAILAND

Six ‘foreign-controlled’ coconut firms named

News, Post Reporters, Published on 12/03/2026

» Authorities have named six firms suspected of running foreign-controlled coconut businesses through Thai nominees, while preparing legal amendments to close regulatory loopholes.

THAILAND

Chinese-controlled coconut firms keeping Thai farmers poor

Wassayos Ngamkham, Published on 10/03/2026

» Police say that Chinese companies hiding behind Thai nominees illegally control aromatic coconut production in Ratchaburi province, hurt Thai farmers by keeping farm prices very low, and make huge profits from exports.