Nationwide crackdown launched on illegal nominee shareholders and land holdings
Opposition whips agree to vote against 2025 fiscal budget bill
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Opposition whips agree to vote against 2025 fiscal budget bill
11 Sept 04:28Key points summarised by AI
Opposition parties are set to reject the government's 2025 fiscal budget bill, arguing its allocations neglect Thailand's future needs and jeopardize the nation's fiscal stability.
A primary concern is the alleged misdirection of budget funds to finance the 'digital wallet' scheme, prompting warnings of potential Constitutional Court intervention if the bill passes.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.