The Securities and Exchange Commission’s (SEC) is warning over a new form of investing scam, in which victims are lured into investing with websites claimed to be legal digital currency traders operating overseas. Pol Lt Co Woranan Silam, a spokesman for the Department of Special Investigation, on Saturday relayed the SEC’s warning to the public, saying […]
Read MoreThe private sector and government are currently at odds over a new push by immigration officials to enforce the TM30 regulation, requiring landlords of foreign residents to report to Immigration if a tenant leaves his or her residence for over 24 hours. While TM30 is technically part of the 1979 Immigration Law, the government recently […]
Read MoreSky-high selling prices for land plots in the most sought-after areas of Bangkok always make headlines. When the time comes to develop that land, many people wonder how the purchaser can make a profit. When a plot of land sells for more than 1 million baht per square wah, most developers will seek to build […]
Read MoreTHE policy torpor in Bangkok is over. After sitting out interest-rate cuts and growth warnings that have swept both the developed world and emerging markets for most of the year, Thai authorities are getting anxious. If this unlikely haven, which lit the fuse of the Asian crisis two decades ago, is now fretting, everyone should […]
Read MoreThailand’s automotive industry expects cloudy sentiment the next few months as it suffers from myriad negative factors like restricted auto loan approvals from banks and an intense trade war between the US and China, says the Federation of Thai Industries. The FTI’s automotive industry club reported yesterday that car sales in July contracted 1.1% to […]
Read MoreThe Bank of Thailand is still concerned the baht’s gain relative to trading partners’ currencies could affect the economy to a larger degree amid intensifying trade tensions, according to minutes of the rate-setting committee meeting on Aug 7. The committee believes financial markets will remain highly uncertain going forward because of various factors including prolonged […]
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Thailand
