Nationwide crackdown launched on illegal nominee shareholders and land holdings
Phase III of cash benefit scheme expected between April and June
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Phase III of cash benefit scheme expected between April and June
13 Sept 09:46Key points summarised by AI
Deputy Finance Minister Julapun Amornvivat confirms 16 million Thais will receive Bt10,000 digital cash benefits between April and June under Phase 3 of the scheme.
Eligibility requires applicants to be at least 16, meet specific income and bank deposit limits, and register via the "Thang Rath" application, with an appeal process available for those who do not pass.
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.