Sluggish tourism business forecast over Mother’s Day weekend

15 Sept 00:02 Key points summarised by AI

Forecasts a 5% drop in tourism revenue to 8.7 billion baht for Thailand's Mother's Day long weekend, primarily due to high fuel and living costs deterring travel.
Highlights mixed regional performance, with Bangkok seeing a boost from the "King the Land" series (up 10.82%), while eastern and southern regions anticipate significant drops in visitor numbers.
Reveals a survey indicating many Thais lack travel plans for the holiday, with 23% planning no trips and others opting for local or neighboring province travel, further impacted by recent long holidays and the rainy season.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 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.