฿100m needed to salvage the sunken HTMS Sukhothai

23 Sept 03:46 Key points summarised by AI

The Royal Thai Navy (RTN) estimates a 100 million baht cost to salvage the sunken HTMS Sukhothai, with 12 companies offering to undertake the complex recovery operation.
A crucial condition set by the RTN for the salvage is that the ship must be recovered intact, without being cut into sections, as search efforts continue for five crew members still missing from the December 18th sinking.

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.