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Thailand among most improved countries in which to do business - EIU

13 Sept 23:28 Key points summarised by AI

Thailand, Vietnam, and India are recognized by the Economist Intelligence Unit (EIU) as the most improved Asian countries for business, driven by favorable policies for foreign investors and greater economic stability.
This improvement is partly fueled by the 'China+1' strategy, as businesses diversify supply chains away from China, which the EIU identifies as the 'biggest loser' globally due to policy uncertainty and US-China tensions.

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.