Myanmar junta says ‘facing challenges’ curbing opium boom

18 Sept 11:36 Key points summarised by AI

Myanmar's junta admits "facing challenges" in stemming opium poppy cultivation, confirming a "slight increase" in 2023.
The UN reported Myanmar as the world's largest opium producer in 2023, with output rising significantly to 1,080 metric tonnes amid post-coup instability.
The country's "opiate economy" is estimated at $1 billion to $2.4 billion, fueled by conflict and the involvement of ethnic armed groups in drug manufacturing.
Despite official statements and drug destruction ceremonies, analysts question the military's genuine commitment to eradicating the lucrative drug trade.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key 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.