GSB announces end of sending URLs to customers via SMS

24 Sept 15:28 Key points summarised by AI

Thailand's Government Savings Bank (GSB) stopped sending SMS with URLs to customers on March 1st to protect them from scams, advising any received links are fake.
This move follows Kasikornbank's similar action and is part of a broader effort by Thai commercial banks to combat scammers, including setting up 24/7 call centers for fraud complaints.

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.