The Latest Breaking News from Department of Business Development

Nominee crackdown steps up

The Commerce Ministry has vowed to intensify its crackdown on the illegal use of Thai nominees by foreign investors as part of a broader effort to protect fair competition and the country's economic interests.

Bangkok Post · Jul 4

Foreign businesses face checks for illegal nominees

The Department of Business Development (DBD) is preparing to check the profiles of Thai nominees at 400 to 500 foreign-run businesses to see if they violate any laws.

Bangkok Post · Jan 19, 2023

Jail threatened for Thai nominees of foreign-owned businesses in Chinatown

The chief of the Department of Business Development has warned Thai nominees of Chinese-owned shops in Yaowarat, aka Bangkok's Chinatown, that they are liable to up to three years in jail and/or a fine of up to 1 million baht plus daily fines.

Bangkok Post · Jan 15, 2023