Is Srettha planning to divest his finance portfolio to SET chief Pichai?

14 Sept 01:20 Key points summarised by AI

Prime Minister Srettha Thavisin is expected to divest his finance portfolio after April 9, with Stock Exchange of Thailand (SET) chief Pichai Chunhavajira emerging as the leading candidate for the position.
Pichai, a long-time Shinawatra family loyalist and current advisor to Srettha, boasts an extensive background in finance, having held key leadership roles in major corporations and previously served on the Bank of Thailand board.
His strong political connections and proven track record, including a significant role in the privatization of PTT, position him as a crucial figure to implement the government's economic agenda and navigate the complexities of a coalition government.

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.