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Thailand’s industrial confidence index for March highest in a decade

21 Sept 03:13 Key points summarised by AI

Thailand's Industrial Sentiment Index (TISI) soared to a decade-high of 97.8 points in March, propelled by a robust rebound in domestic demand, increased production, and a recovering tourism sector.
Despite the optimism, industrial entrepreneurs voiced concerns over escalating production costs, driven by rising raw material and energy prices, inflation, and currency fluctuations, compounded by global economic instability.
The government affirmed its readiness to address these challenges by tackling high energy costs and actively securing new markets to support sustained industrial recovery and mitigate downside risks.

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.