Nationwide crackdown launched on illegal nominee shareholders and land holdings
Pheu Thai’s challenge to reduce electric train fares to 20 baht max
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Pheu Thai’s challenge to reduce electric train fares to 20 baht max
2 Oct 06:01Key points summarised by AI
Pheu Thai pledges to cap electric train fares at a maximum of 20 baht in Bangkok and its suburbs, fulfilling a key election promise.
Implementing the 20-baht fare policy would require the government to allocate special funds to subsidize operators for lost revenues, adhering to concession contracts.
Studies reveal Thai electric train fares are comparatively high, about 20% more than Singapore's, and consume a significantly larger portion of the minimum wage than in South Korea, Japan, or Singapore.
A primary reason for expensive fares is the repeated 16-baht entry charge applied when commuters travel across different sections or extended parts of a route.
Successfully reducing fares to 20 baht would likely boost Pheu Thai's popularity among urban residents.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 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.