Nationwide crackdown launched on illegal nominee shareholders and land holdings
Surat Thani’s agri-sector suffering significant losses due to floods
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Surat Thani’s agri-sector suffering significant losses due to floods
16 Sept 14:35Key points summarised by AI
Widespread flooding in Surat Thani province has caused major losses, particularly impacting oil palm, rubber plantations, and shrimp farms.
Hundreds of households are submerged, with residents forced to commute by boat or high-clearance vehicles for over a week.
The floods, caused by heavy rainfall from December 14-18, have affected 50,000 households across 17 districts, resulting in eight deaths, two injuries, and one person missing.
Floodwaters are higher than usual in some areas, and high tides are significantly slowing the drainage process, with estimates suggesting it could take at least 15 days for waters to recede in some districts.
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.