Nationwide crackdown launched on illegal nominee shareholders and land holdings
Singapore PM defends exclusive deal to lure Taylor Swift
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Singapore PM defends exclusive deal to lure Taylor Swift
14 Sept 01:47Key points summarised by AI
Singapore's Prime Minister Lee Hsien Loong defended an exclusive deal that secured the city-state as the sole Southeast Asian stop for Taylor Swift's Eras Tour.
The arrangement, which involved financial incentives, sparked controversy in the region, with Singapore accused of preventing Swift from performing in other countries.
PM Lee affirmed the deal as 'very successful' and not 'unfriendly,' despite regional criticism over the secretive agreement.
Singapore has repeatedly declined to disclose the specific financial terms of the exclusive arrangement.
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.