Mazda to invest an additional Bt5Bn to produce hybrid SUVs in Thailand

14 Sept 08:22 Key points summarised by AI

Mazda will invest an additional 5 billion baht in Thailand to produce mild hybrid SUVs (MHEV) and enhance its supply chain efficiency.
The Thai government, represented by Prime Minister Paetongtarn Shinawatra, affirmed its commitment to promoting Thailand as a global EV production hub and encouraging the shift to clean energy, including tax cuts on EV imports.

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.