Private sector sends White Paper on economic development to government

10 Sept 19:08 Key points summarised by AI

The Thai private sector submitted a White Paper to the government, detailing recommendations for sustainable national development and targeting over 3% GDP growth.
Key recommendations revolve around fostering connections for growth, strengthening businesses through networking, and integrating innovations for sustainable development.
The paper urges the government to prioritize building business confidence through price controls, production cost reductions, minimum wage increases, and equitable budget distribution.
Specific proposals include incorporating Prachin Buri into the Eastern Economic Corridor and promoting advanced technologies like AI, digital economy, EVs, and green energy.
The private sector believes Thailand's economy could achieve 5% growth if household debt is eased and revenue distribution becomes more equitable.

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.