Thai man files complaint after losing over 3m baht in Chinese business fraud

    A THAI BUSINESSMAN who was defrauded of 3.6 million baht by a Chinese company after a product he ordered was not delivered petitioned the Chinese embassy for help before reporting the swindle to Technology Crime Suppression Division police, Siam Rath newspaper said today (Oct. 15). Mr. Somchai Saengwichaipat, 55, director of Amadeus Piano …

New business registration tops highest since January 2019

  NEW business registration topped 7,283 in January, the highest since January 2019, driven by the promise of Covid-19 inoculations and upbeat sentiment on the country’s economic outlook, NNT said today (Feb. 27). Business Development Department Director-General Thosapone Dansuputra said the new business registration trend in 2021 is expected to come in line with the …