PM seeks weekly meetings with central bank governor

14 Sept 02:39 Key points summarised by AI

Prime Minister Srettha Thavisin proposed weekly meetings with the Bank of Thailand governor to enhance mutual understanding on economic policies, following a discussion on inflation, interest rates, and the digital wallet scheme.
The PM, who previously disagreed with the central bank's policy rate hike, emphasized that these regular meetings would be transparent and not an intervention, aiming to openly address key economic issues like the controversial digital wallet funding.

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.