What lies ahead after NBTC decision to allow controversial True-Dtac merger?

23 Sept 06:10 Key points summarised by AI

Thailand's telecom regulator (NBTC) approved the True-Dtac merger despite strong protests from academics and civic groups fearing market duopoly and adverse consumer impacts.
Opposing commissioners and critics highlighted concerns over the merged entity's near 50% market share, potential service charge increases, and the inadequacy of proposed remedy measures.
The controversial decision is set to trigger legal battles, with consumer groups planning court injunctions and petitions to investigate NBTC commissioners for alleged regulatory failure.

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.