Pattaya Grapples with Shadow Economy Concerns Amidst Foreign Investment Influx
Business

Pattaya Grapples with Shadow Economy Concerns Amidst Foreign Investment Influx

Concerns over foreign-backed 'nominee companies' and 'shadow economy' activities are escalating in Pattaya, Thailand, particularly impacting the real estate and tourism sectors. While legitimate investors are also a consideration, calls for enhanced regulatory oversight are growing.

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