Nationwide crackdown launched on illegal nominee shareholders and land holdings
Top 3 trends at Thailand’s largest food exhibition underline the importance of sustainability
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Top 3 trends at Thailand’s largest food exhibition underline the importance of sustainability
13 Sept 18:51Key points summarised by AI
THAIFEX-ANUGA ASIA 2022 highlighted three dominant food trends: sustainability (in products and packaging), plant-based foods, and clean label products, reflecting a post-pandemic surge in health and environmental consciousness.
The plant-based food market is rapidly expanding in Thailand, with major companies like Vudhichai Group, V Foods, and CPF heavily investing in alternative proteins to meet growing consumer demand and leverage Thailand's abundant raw materials.
The clean label trend emphasizes consumer preference for natural ingredients and transparent product information, driving companies like Blue Elephant to innovate with eco-friendly packaging and formulations that cater to diverse dietary needs.
These interconnected trends collectively underscore the food industry's commitment to the United Nations' Sustainability Development Goals, positioning Thailand as a significant player in the global shift towards sustainable food systems.
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.