Myanmar junta, armed alliance confirm China-mediated ceasefire

14 Sept 03:04 Key points summarised by AI

Myanmar's military junta and an alliance of ethnic armed groups confirmed a China-mediated ceasefire, ending months of intense conflict in northern Shan state.
The agreement, reached in Kunming, China, aims to halt military operations, disengage personnel, and facilitate the reopening of vital border trade with China.
China's active mediation followed its strong dissatisfaction over fighting impacting its border residents and its previous calls for a temporary ceasefire.
The conflict, which began in October, had posed the biggest threat to the junta since 2021, with the alliance seizing several strategic towns.

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.