Labour minister hopes new minimum wage will start on New Year’s Day

21 Sept 04:25 Key points summarised by AI

Labour Minister Phiphat Ratchakitprakarn anticipates the 400-baht national minimum daily wage will take effect on January 1st, pending cabinet approval for a new Wage Committee member.
The private sector expresses strong concerns that a blanket wage increase will burden businesses, particularly SMEs, and diminish the competitiveness of Thai products globally, advocating for skill-based wage adjustments instead.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 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.