FT charge for May-August period to remain unchanged

23 Sept 07:08 Key points summarised by AI

The Energy Regulatory Commission (ERC) has frozen the fuel tariff (FT) at 39.72 satang/unit for May-August, maintaining the average electricity price at 4.1805 baht/unit (excluding VAT).
This decision, following a public hearing, requires increased liquefied natural gas (LNG) imports to meet higher dry season demand, prompting the ERC to urge consumers to conserve electricity.

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.