Nationwide crackdown launched on illegal nominee shareholders and land holdings
Call for overhaul of outdated firework factory icensing laws after Suphan Buri tragedy
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Call for overhaul of outdated firework factory icensing laws after Suphan Buri tragedy
14 Sept 04:33Key points summarised by AI
House Industrial Affairs Committee chairman Akkaradet Wongpitakrote advocates for amending outdated firework factory licensing laws, prompted by a recent explosion in Suphan Buri that killed at least 23 people.
The current Factory Act exempts facilities employing fewer than 50 people or using machinery under 50 horsepower, leaving most firework factories beyond the regulatory control of the Industrial Works Department and raising significant public safety concerns.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 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.