Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand sets goal to attract 68.5 million foreign tourists in 2028
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Thailand sets goal to attract 68.5 million foreign tourists in 2028
16 Sept 03:30Key points summarised by AI
Thailand's Tourism Authority (TAT) targets attracting 68.5 million foreign tourists by 2028, aiming for 5.6 trillion baht in revenue, representing 25% of the country's GDP.
The TAT is finalizing 2025 marketing plans to generate 3.1 trillion baht, anticipating a 'Resilience phase' of continuous growth post-pandemic, but also acknowledging intense global competition requiring prioritized marketing efforts.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 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.