Good news about digital wallet scheme in April : Srettha

13 Sept 09:50 Key points summarised by AI

Prime Minister Srettha Thavisin announced that significant updates on the digital wallet scheme will be revealed on April 10, following a crucial board meeting.
The April 10 meeting will finalize reports on 'open loop' technology and legal considerations, with subsequent submission to the cabinet for final approval within April.
The scheme's timeline remains set for Q3 registration and Q4 disbursement of the 500 billion baht, with the funding source also to be clarified on April 10.
This massive financial injection aims to stimulate Thailand's economy, which has faced a decade of low growth compared to its regional neighbors.

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.