Nationwide crackdown launched on illegal nominee shareholders and land holdings
PM Paetongtarn departs to attend Kunming summits
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PM Paetongtarn departs to attend Kunming summits
13 Sept 18:00Key points summarised by AI
Thai Prime Minister Paetongtarn Shinawatra departed for Kunming, China, to attend the two-day Greater Mekong Sub-region (GMS) and Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summits.
The GMS Summit, themed "Toward a Better Community Through Innovation-driven Development," brings together six Mekong sub-regional countries to foster a prosperous and integrated subregion through connectivity, competitiveness, and community.
The ACMECS Summit, hosted by Laos, focuses on "Seamless Connectivity for Mekong Sub-regional Integration" and will review progress on its Master Plan (2019–2023) to bridge economic gaps and promote sustainable prosperity among its five member countries.
These summits highlight crucial regional efforts to enhance economic cooperation, reduce disparities, and strengthen integration across the Mekong subregion, with Thailand playing a key role in the ACMECS initiative.
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.