Nationwide crackdown launched on illegal nominee shareholders and land holdings
Energy board sets electricity unit price at Bt4.18
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Energy board sets electricity unit price at Bt4.18
14 Sept 03:08Key points summarised by AI
The Energy Regulatory Commission (ERC) set the electricity unit price at 4.18 baht and the fuel tariff (FT) surcharge at 39.72 satang per unit for the January-April period.
The Electricity Generating Authority of Thailand (EGAT) will bear an estimated 15 billion baht loss, partially offset by 4.3 billion baht in fines from natural gas producers and 1.95 billion baht in government subsidies for households using under 300 units/month, who will be charged 3.99 baht/unit.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 15:20Key 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.