Electricity rate for August frozen to ease burden on low-income households

21 Sept 02:43 Key points summarised by AI

Thailand's Ministry of Energy and Energy Regulatory Commission froze the electricity rate for August to alleviate the financial burden on the public, particularly low-income households, following concerns from Prime Minister Prayut Chan-o-cha.
Concurrently, the Fuel Fund Executive Committee maintained the retail price of diesel at 34.94 baht/litre for the eighth consecutive week, aligning with global crude oil price declines and aiming to ease consumer costs.

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.