Fabric shops in Chiang Mai slash prices on flood-damaged inventory

23 Sept 05:20 Key points summarised by AI

Dozens of fabric shop owners in Chiang Mai's Waroros Market are selling flood-damaged stock at 50-90% discounts to recoup losses.
The spontaneous roadside market attracts many customers, as shops remain closed for post-flood restoration, with one owner reporting over 20 million baht in unexpected damage.

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.