Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand and Vietnam to announce CSP in June
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Thailand and Vietnam to announce CSP in June
13 Sept 13:09Key points summarised by AI
Thailand and Vietnam will elevate their relations to a Comprehensive Strategic Partnership (CSP) in June, a significant upgrade in their bilateral ties.
This partnership makes Thailand the first ASEAN country and the eighth nation overall to establish a CSP with Vietnam, underscoring its strategic importance.
The decision follows recent high-level meetings where both countries committed to strengthening cooperation in trade, investment, tourism, and infrastructure development.
Leaders are scheduled to hold a joint cabinet retreat in Hanoi in June to formalize the CSP, aiming to drive peace, stability, and economic integration in the Mekong sub-region.
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.