Opposition sees “no future” for Thailand in government’s budget

25 Sept 04:53 Key points summarised by AI

Leading opposition MPs criticize Thailand's FY2024 budget for failing to reflect government policies and allocating a disproportionate amount to fixed expenditures over public benefit.
Thai Sang Thai leader Sudarat Keyuraphan expresses deep disappointment, highlighting increased spending on defense and the Prime Minister's Central Fund while neglecting crucial areas like poverty reduction and human resource development, contrary to election promises.
Move Forward leader Chaithawat Tulathon points out a significant discrepancy between the budget and the Prime Minister's stated policies, noting inflated revenue assessments that will burden future administrations.
Both opposition leaders conclude that the current budget offers no promising future for Thailand, citing its inadequacy in addressing key national challenges.

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.