Nationwide crackdown launched on illegal nominee shareholders and land holdings
Entertainment complex: So much for soft power
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Entertainment complex: So much for soft power
14 Sept 00:22Key points summarised by AI
The article criticizes Prime Minister Paetongtarn Shinawatra's shift from promoting Thailand's unique 'soft power' (culture, food) to advocating for an 'Entertainment complex' that includes a major casino.
It argues that investing in such a complex is a poor tourism strategy, as it offers generic experiences (casinos, concerts) that fail to attract international tourists seeking Thailand's distinctive cultural and natural attractions.
The author highlights the significant financial risks for an economically challenged nation and suggests that a large-scale entertainment complex would exacerbate social inequality, creating a 'rich house in a poor neighbourhood'.
The piece concludes by asserting that Thailand's sustainable tourism appeal lies in its authentic culture, people, street food, and natural beauty, which are already world-renowned and require no new, risky investments.
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.