Thailand anticipates windfall from China’s easing of travel restrictions

13 Sept 12:50 Key points summarised by AI

Thailand's tourism sector anticipates a significant surge in foreign visitors, particularly from China, following the easing of China's travel restrictions.
Thai hotels and tourism-related businesses are actively preparing for this influx, expecting a substantial increase in room occupancy and a potential doubling of overall foreign tourist numbers next year.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 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.