Nationwide crackdown launched on illegal nominee shareholders and land holdings
Saudi prince in Thailand, eyes further cooperation in sports
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Saudi prince in Thailand, eyes further cooperation in sports
13 Sept 12:19Key points summarised by AI
Saudi Prince Fahd bin Jalawi bin Abdul Aziz, Vice President of the Saudi Olympic Committee, visited Thailand to foster enhanced sports cooperation.
Saudi Arabia proposed agreements for sports knowledge and personnel exchange, and invited Thailand to send organizing teams to upcoming Asian Games hosted in Saudi Arabia.
Thailand's Deputy Prime Minister Prawit Wongsuwan affirmed strengthening bilateral relations across various sectors, including sports, and expressed readiness for cooperation and Saudi investments.
The visit underscores the ongoing normalization of Saudi-Thai relations, which have significantly improved after a 30-year diplomatic freeze.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 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.