Thai authorities are investigating 11,426 companies on Koh Phangan and Koh Samui for foreign ownership, with over 7,000 suspected of using illegal nominee structures, primarily in real estate and tourism. This crackdown follows prosecutions of over 850 companies for financial damages exceeding 15 billion baht.
A crypto tycoon is giving record-breaking amounts to Farage’s party. But little is known about his motivesShortly before Christmas 2022, Chakrit Sakunkrit, owner of the Kamalaya Wellness Sanctuary on the Thai island of Koh Samui, invited 200 guests to spend a few days celebrating his 60th birthday. One sultry afternoon, Sakunkrit and a small group gathered around a table near the shore, surrounded by the burgundy foliage of Good Luck plants. To his right, dressed down in a polo shirt, sat Nigel Farage.Since Brexit marked the achievement of his life’s work three years earlier, Farage had fizzled. Even some of his supporters had pronounced him finished. Now, with the Conservatives in disarray after Liz Truss’s disastrous budget that September, Farage was hinting at a still more ambitious project: to make himself prime minister. Continue reading...
Centara Hotels & Resorts, operating over 50 properties mostly in Thailand, is adapting its offerings as Middle East conflict disrupts long-haul European travel routes. Chief Operating Officer Michael Henssler noted concerns about worsening conditions, but observed market stabilization. The hotel chain is tailoring services like photo sessions at Koh Samui resorts and late-night noodle bowls at Centara Life properties to maintain appeal.
