Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thai PM has praised Singapore’s Taylor Swift concert deal - spokesman
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Thai PM has praised Singapore’s Taylor Swift concert deal - spokesman
23 Sept 02:48Key points summarised by AI
Thai Prime Minister Srettha Thavisin praised Singapore's exclusive deal with Taylor Swift, viewing it as a shrewd business decision rather than a cause for criticism.
He encouraged other nations promoting tourism to emulate Singapore's strategic approach and business acumen in securing such high-profile events.
Singapore's Prime Minister Lee Hsien Loong confirmed the arrangement, which reportedly involved a payment of US$2-3 million per show to ensure Swift's "Eras" tour made Singapore its sole Southeast Asian stop.
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.