Thailand looking to export more cassava into China’s massive market

10 Sept 17:06 Key points summarised by AI

Thailand's Ministry of Commerce is actively working with the private sector to significantly increase exports of cassava and its processed products to China, with a joint delegation currently seeking new business opportunities.
This initiative aims to secure new memoranda of understanding (MOUs), potentially boosting exports by 120,000 tons worth over 1.7 billion baht, capitalizing on China's substantial demand for cassava in industries like animal feed, paper, glue, and alcohol manufacturing.

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.