Land title deeds for farmers: Can Thailand escape the poverty trap?

14 Sept 01:19 Key points summarised by AI

Thailand's government is converting agricultural land reform certificates into title deeds, empowering farmers to use their land as collateral for loans and for other purposes beyond farming, aiming to alleviate poverty.
Critics fear that the new transferability of these deeds could allow investors to acquire land intended for poor farmers, potentially leading to increased landlessness and exploitation for non-agricultural commercial ventures.
Concerns are heightened by instances near Khao Yai National Park, where ALRO land was reportedly allocated to non-farmers for potential tourism development, prompting a government investigation and a vow to reclaim exploited plots.
While a civil society group advocates for community-based deed issuance for better oversight, the government plans to complete deed issuance within five years, boost farmer income, and implement measures to prevent misuse of land.

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.