“Digital wallet” scheme disbursements to start in Q4 : Julapan

14 Sept 20:53 Key points summarised by AI

The Deputy Finance Minister announced that approximately 50 million eligible Thai citizens will begin receiving 10,000 baht under the digital wallet scheme in the fourth quarter of this year.
A key meeting for the digital wallet policy committee is set for April 10th to finalize all scheme details and conditions for cabinet approval, with registration expected to open in Q3.
While the scheme is assured to proceed, the specific funding source for the 500 billion baht (either additional borrowing or the national budget) will be clarified by April 10th.

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.