Oil firms should not make excessive profit from consumers : Energy minister

23 Sept 03:25 Key points summarised by AI

Thai Energy Minister Pirapan Salirathavibhaga asserts that oil companies must avoid excessive profits to prevent consumer hardship, emphasizing energy as a basic necessity.
The Minister is actively seeking data from the Customs Department to restructure oil pricing, aiming for fairness and to curb unjustifiable price increases, labeling profiteering as "robbery."
Assigned by the Prime Minister, the Energy Ministry is committed to ensuring fair energy prices, following recent cabinet decisions to cut diesel and electricity costs, despite rising benzine and gasohol prices.

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.