Nationwide crackdown launched on illegal nominee shareholders and land holdings
Blinken builds ties with Thai, Malaysian PMs after turbulence
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Blinken builds ties with Thai, Malaysian PMs after turbulence
14 Sept 01:54Key points summarised by AI
US Secretary of State Antony Blinken met with Thailand's new Prime Minister Paetongtarn Shinawatra, expressing hope for enhanced cooperation on economy, security, and climate, aiming to build on the countries' long-standing alliance despite past US concerns over Thai democracy.
Blinken also engaged with Malaysian Prime Minister Anwar Ibrahim, emphasizing the United States' position as Malaysia's top foreign investor as a sign of trust and confidence, while strategically avoiding discussion on Anwar's vocal criticism of US support for Israel.
These high-level meetings at the East Asia Summit in Laos signal a renewed US diplomatic focus on Southeast Asia, aiming to strengthen regional relationships and address key issues such as the Myanmar crisis and concerns regarding China's actions in the South China Sea.
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.