Nationwide crackdown launched on illegal nominee shareholders and land holdings
TAT expects up to 10 million foreign tourists to visit Thailand this year
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TAT expects up to 10 million foreign tourists to visit Thailand this year
13 Sept 08:06Key points summarised by AI
The Tourism Authority of Thailand (TAT) forecasts 7-10 million foreign tourists will visit Thailand this year, generating approximately 1.5 trillion baht in revenue.
Tourist arrivals are projected to significantly increase, reaching 500,000 per month in Q3 and up to one million per month in Q4, exceeding earlier estimates.
The surge in foreign visitors is attributed to the relaxation of travel restrictions, including the recent removal of all quarantine measures.
TAT plans to lead delegations to European countries (France, Netherlands, Belgium) and China (upon reopening) to actively promote Thai tourism internationally.
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.