How Thailand’s seven-decade submarine dream hit the rocks and sank

23 Sept 05:13 Key points summarised by AI

Thailand suspended its long-sought purchase of a Chinese-built S26T submarine after China failed to procure the contractually specified German engine, citing an EU arms embargo.
The Thai government opted to acquire a Chinese frigate instead, a decision framed as a diplomatic move to maintain strategic ties with China while deferring the submarine acquisition.
Defense Minister Sutin Klungsang clarified that the submarine procurement plan is not canceled but shelved, indicating future consideration for proposals from other countries when Thailand is ready.
This marks another setback in the Royal Thai Navy's decades-long, often-thwarted ambition to re-establish a submarine fleet since its last vessels were decommissioned in 1951.

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.