Thailand freezes prices of 46 products for another year

19 Sept 21:43 Key points summarised by AI

Thailand's Central Committee on the Price of Goods and Services extends price freezes on 46 essential items and 5 services until June next year.
This measure aims to stabilize consumer costs amidst rising energy prices, which have driven up the prices of food and various consumer products.
The Commerce Minister assures the public of sufficient supply for goods like canned fish and vegetable oil, dismissing reports of shortages.
Provincial governors and commerce officials are instructed to monitor prices rigorously to prevent traders from illegally hiking costs on controlled products.
Despite a significant increase in wheat costs due to the Ukraine war, the government guarantees that instant noodle prices will not be raised.

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.