Thai private sector seeks freeze on electricity prices from January to April

13 Sept 10:34 Key points summarised by AI

The Thai private sector formally requests the government to freeze electricity rates at 4.72 baht per unit from January to April.
This freeze is deemed essential to prevent severe impacts on businesses recovering from the pandemic, protect the public, and maintain Thailand's regional competitiveness.
The request comes as the Office of Energy Regulatory Commission (OERC) gathers feedback on a proposed 14%-28% rate increase, with a decision on new rates expected this month.

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.