Pita meets with Federation of Thai Industries to soothe concerns

23 Sept 05:00 Key points summarised by AI

Move Forward leader Pita Limjaroenrat met with the Federation of Thai Industries (FTI), notably arriving by motorcycle taxi to navigate Bangkok's infamous traffic congestion.
Pita aimed to gather details on FTI's six proposals and explain his party's economic policies, particularly the immediate minimum wage hike to Bt450, to build business confidence.
He committed to discussing the proposed wage increase with his transition panel and coalition partners, while FTI anticipated the meeting would foster understanding on wages, utility costs, and potential law reforms.

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.