Proposed Modest Relaxation of Foreign Business Restrictions
Current restriction: The Foreign Business Act B.E. 2542 (1999) (FBA) restricts the operation of many types of businesses by foreigners. The businesses set out in List Three annexed to the FBA are businesses in which Thai nationals are considered not yet ready to compete with foreigners.
By Chatchavej Chitvarakorn, Kanokon Worachanyawong and Nicharee Dejakaisaya © October 2018