62,000 debtors apply for debt restructuring through Thailand’s central bank

14 Sept 17:00 Key points summarised by AI

More than 62,000 individuals have applied to restructure 158,539 debts, predominantly personal loans and credit cards, via the Bank of Thailand's Online Debt Restructuring Fair since September 26th.
Debtors can continue to apply for debt restructuring until November 30th, with further information and assistance available through the central bank's financial service protection centre.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 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.