Foreign business leaders urge clarity and stability

20 Sept 00:12 Key points summarised by AI

Foreign business leaders advocate for political stability and regulatory transparency to attract investment, urging the Srettha government to provide concrete plans, especially for the digital wallet scheme's funding and implementation.
They highlight critical issues impacting competitiveness, including labor shortages, the need to simplify visa rules for the MICE industry, and the importance of expediting digitalization and education reforms.
Leaders stress the urgency of the government's commitment to climate action, warning that a lack of serious, expedited efforts on net-zero emissions will hinder Thailand's regional competitiveness.
Caution is advised on the proposed minimum wage hike, emphasizing that any salary increases must be carefully implemented in conjunction with productivity improvements to avoid negatively impacting businesses, particularly SMEs.

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.