Diesel price to reduce by 50 satang per litre on February 15th

13 Sept 11:13 Key points summarised by AI

Thailand's Fuel Fund Executive Committee will reduce the retail diesel price by 50 satang/litre, effective February 15th, marking the first cut in seven months and bringing the pump price to 34.50 baht/litre.
The government maintains its diesel price subsidy through an excise tax cut until May 20th, even as the Oil Fuel Fund faces a deficit of 113.4 billion baht as of January 29th.

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.