Nationwide crackdown launched on illegal nominee shareholders and land holdings
Biden to join ASEAN summit, Harris to attend APEC
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Biden to join ASEAN summit, Harris to attend APEC
14 Sept 01:58Key points summarised by AI
President Biden will visit Cambodia for the US-ASEAN and East Asia summits, reaffirming the US commitment to Southeast Asia and ASEAN centrality.
Biden's participation aims to build on previous US-ASEAN successes and underscore the importance of cooperation for regional security and prosperity.
Vice President Kamala Harris will represent the US at the APEC leaders' meeting in Bangkok, emphasizing Washington's commitment to economic cooperation in the Indo-Pacific region.
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.