Price of packed rice to go up by ฿3/kg in September

29 Sept 18:51 Key points summarised by AI

The Thai Rice Packers Association will increase the price of packed rice by ฿3/kg, to ฿20/kg, starting September, citing increased production costs.
This adjustment follows record-high unmilled Thai rice prices, influenced by India's export suspension, and is already impacting consumers who are seeing price hikes in bulk rice and seeking cheaper alternatives.

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.