Private sector up in arms against national Bt400 minimum wage

13 Sept 09:02 Key points summarised by AI

The private sector strongly opposes the government's plan for a uniform Bt400 national minimum wage, warning it could lead to mass layoffs and business closures.
Business leaders argue that minimum wages should reflect diverse provincial economic realities, not a single national standard, noting 90% of provincial wage subcommittees disagree with the flat rate.
They predict the Bt400 rate will increase production costs, reduce the competitiveness of Thai products amid global uncertainties, and severely impact the farming and service sectors.
The private sector supports improving worker welfare but advocates for skill-based pay and urges the government to focus on enhancing worker skills across various fields.

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.