Nationwide crackdown launched on illegal nominee shareholders and land holdings
Japanese urged to avoid panic-buying as megaquake fears spread
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Japanese urged to avoid panic-buying as megaquake fears spread
13 Sept 12:57Key points summarised by AI
Japanese authorities urge citizens to stop panic-buying disaster supplies like water and food, as fears of a megaquake spread following a recent 7.1 magnitude tremor.
The weather agency issued an advisory, stating an increased likelihood of a major earthquake in the Nankai Trough region, historically prone to destructive quakes.
This heightened anxiety has led to widespread hoarding, causing product shortages in stores and online, with some retailers rationing essential items.
Despite the official advisory, experts stress that the overall risk remains low, while social media platforms are seeing a surge in spam exploiting public fears.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 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.