Nationwide crackdown launched on illegal nominee shareholders and land holdings
State rail board endorses plan to spend Bt10.5bn on new train carriages
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State rail board endorses plan to spend Bt10.5bn on new train carriages
11 Sept 08:59Key points summarised by AI
The State Railways of Thailand (SRT) board approved a Bt10.5 billion plan to procure 182 new train carriages and spare parts.
This initiative aims to replace aging rolling stock, some over 50 years old, as part of a broader transportation system development plan.
The new air-conditioned carriages will operate on 12 routes, increasing maximum speeds from 90kph to 120kph.
Enhanced safety features like CCTV and automatic doors will be included, supporting predicted passenger growth and dual-track development projects.
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.