PM confident 2024 budget will improve the Thai economy

13 Sept 10:51 Key points summarised by AI

Prime Minister Srettha Thavisin presented a 3.48 trillion baht 2024 budget, expressing confidence it will stimulate tourism and boost the national economy through efficient spending.
The budget is designed to improve livelihoods, foster economic growth, enhance competitiveness, and encourage private investment, supported by short-term stimulus schemes.
Key allocations include improving public access to medical services via "30 Baht Plus" and addressing drug addiction, alongside drafting a new constitution to resolve political polarization.
The budget focuses on national security, human resource development, social equality, and environmentally friendly growth, with an expected 9.3% increase in expenditure and 11.9% rise in revenues.

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.