Deputy finance minister defends digital wallet scheme

23 Sept 06:05 Key points summarised by AI

Deputy Finance Minister Julapun Amornvivat defended the digital wallet scheme, emphasizing its aim to stimulate the grass-root economy and develop digital infrastructure using a blockchain platform.
Julapun assured parliament that the government would maintain fiscal discipline, avoiding funding from national reserves, social security funds, or by increasing public debt, addressing critics' concerns.
While the 4km spending radius is under review for public input, Prime Minister Srettha Thavisin confirmed the limit would largely be maintained, with exceptions for rural areas.

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.