Retirement lottery project wins massive public support

13 Sept 11:44 Key points summarised by AI

The government's proposed 'retirement lottery' secured overwhelming public support, with 99.05% of respondents in a National Savings Fund poll endorsing the idea.
A key feature of the scheme is that participants do not lose their money; funds are kept in their accounts and refunded upon reaching retirement at 60, a concept supported by 92.45% of respondents.
The scheme ensures that if investors die before retirement, their beneficiaries inherit the refund plus any financial returns, an arrangement agreed upon by 98.11% of participants.
The Finance Ministry will incorporate public observations and suggestions, including preferences for lump-sum refunds (80.2%) and potential scheme expansions, before submitting the plan to the Cabinet in October.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 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.