Nationwide crackdown launched on illegal nominee shareholders and land holdings
China lifts sweeping visa curbs on foreigners
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China lifts sweeping visa curbs on foreigners
13 Sept 06:24Key points summarised by AI
China reinstates a wide range of visas for foreigners, effective Wednesday, signaling a major reopening after its stringent Covid-19 travel restrictions.
The policy honors previously issued valid visas and resumes visa-free entry for specific groups, including cruise ship passengers to Shanghai and tourists from Hong Kong, Macau, and ASEAN nations.
This move aims to significantly boost international personnel exchange, reversing years of isolation post-pandemic.
The decision follows China's pivot from its zero-Covid strategy and new leadership appointments amidst efforts to stimulate economic growth.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 15:20Key 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.