Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand’s unemployment rate in first nine months was 1.03 percent
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Thailand’s unemployment rate in first nine months was 1.03 percent
23 Sept 02:19Key points summarised by AI
Thailand's third-quarter unemployment slightly decreased to 414,000 from the previous quarter, though it remained higher than the same period last year.
Overall employment saw a marginal 0.1% dip, largely due to a 3.4% contraction in the farming sector, attributed to widespread flooding.
Key sectors like transport and goods storage (up 14%), hotels and restaurants (up 6.1%), and construction/hospitality experienced growth, while non-Thai employment notably increased by 22.2%.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 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.