Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thai cabinet approves new minimum wages, effective October 1st
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Thai cabinet approves new minimum wages, effective October 1st
14 Sept 01:55Key points summarised by AI
The Thai cabinet approved new minimum wage rates, effective October 1st, marking the first adjustment since 2020.
Wages are divided into nine provincial rates, ranging from 328 baht to a maximum of 354 baht per day, reflecting local living costs.
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.