Thailand expects to increase rice exports to the Philippines this year

13 Sept 13:54 Key points summarised by AI

The Philippines' rice import projection for this year has increased to 4.1 million tonnes, making it the world's largest rice importer due to domestic production shortfalls exacerbated by El Niño.
Thailand aims to capitalize on this heightened demand to significantly boost its rice exports and market share in the Philippines, instructing its Commerce Ministry and attachés to explore opportunities despite Vietnam's current market dominance.

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.