Thailand Business Directory

BANGKOK (NNT) – The kingdom will this month begin to open up to more groups of foreign visitors.

On October 8th, the kingdom will be receiving its first group of foreign visitors, as the country gradually opens itself through the issuance of the new Special Tourist Visa (STV), permitting foreign visitors up to 270 days in the kingdom.

The first group will comprise 150 Chinese visitors who have scheduled a charter flight from Guangzhou to Phuket. There are also another seven international business operators coming to Thailand on the same day.

Foreign Ministry Deputy Spokesperson, Natapanu Nopakun shared that following the first flight, the kingdom will be receiving other special flights this month, mostly bringing in a hundred or so people on each flight.

All inbound passengers will be screened upon arrival and transported to each individual’s chosen hotel for the required 14-day quarantine. Prio…

The ICIJ’s report refers to files leaked from the Financial Crimes Enforcement Network in the US. They allegedly indicate that many commercial banks worldwide turned a blind eye to suspicious transactions between 1999 and 2017.

The International Consortium of Investigative Journalists (ICIJ), says that four Thai banks have been involved in suspicious financial transactions, worth about 41.31 billion baht, over nearly two decades.

Responding to the ICIJ report, AMLO Acting Secretary-General Pol Maj-Gen Preecha Charoensahayanont said today that checking suspicious financial transactions is a normal practice of AMLO, as he asked for time to verify the report.

Meanwhile, it is reported that, since the 1997 financial crisis, the Bank of Thailand has demanded information from commercial banks about their credit transactions, for risk analysis of financial institutions and economic stability.

The central bank has not, however, demanded i…

The Anti-Money Laundering Office (Amlo) is currently investigating an international report claiming that four major Thai banks were involved in suspicious financial transactions, according to the International Consortium of Investigative Journalists’ report referring to alleged leaked files from the Financial Crimes Enforcement Network of the US.

The 92 transactions included in the four Thai banks’ records covered combined amounts of $41.31 million — $9.56 million transferred in and $31.75 million transferred out.

Bangkok Bank and Kasikornbank have allegedly transferred the biggest amounts with a total of 31.75 billion USD transferred out.