PM Srettha urges ASEAN to hike minimum wages

14 Sept 02:08 Key points summarised by AI

Thai Prime Minister Srettha Thavisin urges ASEAN nations to collectively increase minimum wages, arguing that low labor costs should no longer be the primary incentive for foreign investment.
Srettha advocates for attracting investment through superior factors such as clean energy, quality international schools, robust public healthcare, fair capital markets, zero corruption, and ease of doing business.

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.