Skip to main content

Democrat Party urges strict checks on foreign capital

Democrat deputy spokeswoman Ms. Vee Srivarathanakul urged the Thai government on Aug 16, 2026, to strictly monitor foreign investors and migrant workers.

AI-written
Inewgen
16 Aug 2026Source: Khaosod Politics2 min read (0 views)
Share
Democrat Party urges strict checks on foreign capital

Stock photo for illustration only, not from the actual event

Font size
  • Democrat Party urges strict checks on foreign businesses
  • Foreign staff in service sectors spark Thai job displacement fears
  • Three core measures proposed to protect local economy and culture

On August 16, 2026, Ms. Vee Srivarathanakul, deputy spokeswoman for the Democrat Party, addressed the growing concerns regarding the impact of foreign capital and migrant workers in Thailand, noting that society is questioning their widespread presence in the service and tourism sectors, such as restaurants and hotels.

In several areas, frontline staff and managers cannot communicate in Thai because they are entirely foreign nationals, raising serious concerns over whether foreigners are taking jobs away from Thai citizens. She also addressed the common stereotype that Thais are reluctant to work low-paying jobs, clarifying that the real issue stems from unattractive wage structures, poor working conditions, and unappealing working hours.

Bangkok tourist street market Thailand

Stock photo for illustration only, not from the actual event

The Democrat deputy spokeswoman further pointed out that some employers, both Thai and foreign, deliberately hire migrant workers with low bargaining power to cut labor costs. Such practices are illegal and unethical, causing severe economic damage when driven by foreign investors who leave Thailand and its citizens with zero economic benefits.

Never miss the latest news?

Subscribe to get news summaries by email - not often enough to be annoying.

โฆษณา

"ขอเรียกร้องให้หน่วยงานที่เกี่ยวข้อง เร่งมีกลไกตรวจสอบและกำกับดูแลอย่างเข้มงวดใน 3 ประเด็นหลัก"

Ms. Vee Srivarathanakul

To tackle these challenges, the Democrat Party has called on relevant authorities to implement strict supervision across three main areas:

  • Investigating the origin of foreign funds to ensure transparency and prevent illegal capital or Thai nominees.
  • Protecting local businesses and small-scale entrepreneurs so they can compete and benefit from tourism.
  • Safeguarding cultural identity and preventing local communities from losing their heritage due to unchecked tourism growth.

Economic analysts note that unregulated foreign investments and nominee businesses may provide short-term boosts, but they ultimately harm the competitiveness of local small businesses, trigger capital flight, and widen income inequality within the country.

Source: Khaosod Politics

Comments

Leave a Comment
0/2000

Found something wrong in this article? Report an issue with this article