Purchases of e-trucks and e-buses in Thailand are now tax deductible

23 Sept 01:16 Key points summarised by AI

Thailand's Electric Vehicle Board approved tax deductions for commercial e-truck and e-bus purchases, offering up to double the price for local vehicles and 1.5 times for imports, to accelerate EV adoption, reduce carbon emissions, and foster domestic production.
Valid until the end of next year, this policy aims to replace 10,000 conventional vehicles with electric ones and is complemented by incentives for battery cell manufacturing, building on a substantial surge in EV registrations and investments.

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.