Thailand expanding intra-ASEAN market share for herbal red onion

14 Sept 02:37 Key points summarised by AI

Thailand is actively expanding its red onion exports to ASEAN countries, capitalizing on their high demand and recognized herbal properties.
Si Sa Ket province's red onions, known for their quality, are prioritized as Geographical Indication (GI) products for both domestic trade and international exports.
The government is accelerating research and development initiatives to enhance production, improve product quality, reduce costs, and develop value-added features.
Exports surged by 19.6% year-on-year in the first 11 months of 2024, with Malaysia, Vietnam, and Singapore being the largest intra-ASEAN importers.
With continued government support and strategic measures, Thailand projects further expansion of its market share in the intra-ASEAN red onion market.

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.