Ex-refinery sugar prices may go up by Bt4 per kilogram

21 Sept 05:45 Key points summarised by AI

The Ministry of Industry is considering a Bt4/kg increase in ex-refinery sugar prices to cover rising production costs for millers and fund subsidies for sugarcane growers.
The proposed price hike aims to finance a Bt120/tonne subsidy for growers, intended to discourage the practice of burning sugarcane, a major cause of PM2.5 air pollution.
This subsidy would cost the state approximately 8 billion baht, which would be recouped by the sugar price increase; half of the additional revenue would go to the Sugar and Sugarcane Fund, and the other half to millers.

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.