US$2.8Bn worth of Thai durian exported to China in four months

14 Sept 02:51 Key points summarised by AI

Thai durian exports to China surged to US$2.8 billion from January to April, marking an 85.31% increase, primarily driven by the ASEAN-China Free Trade Agreement (FTA) and the Regional Comprehensive Economic Partnership Agreement (RCEP).
These trade agreements, particularly the ASEAN-China FTA and RCEP, provided essential tax exemptions, significantly reducing costs and boosting the competitiveness of Thai durian in the Chinese market.
Overall, Thailand's exports under its 12 FTAs reached US$25.8 billion in the same period, reflecting a substantial 74.75% increase and highlighting the broad positive impact of these agreements across various Thai products.

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.