Nationwide crackdown launched on illegal nominee shareholders and land holdings
GrabBike riders given two more months to operate without registration
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GrabBike riders given two more months to operate without registration
11 Sept 15:34Key points summarised by AI
Thailand's Land Transport Department extended the deadline for GrabBike riders to register as public transport operators by two months, past the original July 15th date.
This extension allows authorities time to develop new regulations or laws specifically for app-based motorcycle taxi services, aiming for their eventual legalization.
To continue operating, GrabBike riders must register and change their private vehicle license plates to public transport plates, a requirement many riders find complex and object to.
Grab Thailand committed to cooperating with relevant agencies and supporting its estimated 10,000 riders nationwide through the registration process to maintain service continuity.
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.