Nationwide crackdown launched on illegal nominee shareholders and land holdings
Protesting rice farmers rally in front of parliament
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Protesting rice farmers rally in front of parliament
9 Sept 18:08Key points summarised by AI
Rice farmers moved their protest to parliament, demanding government intervention as paddy prices have fallen significantly below production costs, reaching as low as 5,300 baht per tonne in some areas.
Farmers dispute government claims of 8,000 baht per tonne prices and subsidies, stating that rice millers suppress prices due to high grain humidity, making actual farmer income much lower.
Protesters threaten to burn rice waste starting April 1st if the government fails to guarantee a paddy price of 11,000 baht per tonne, aiming for an 8,000 baht/tonne net income after deductions.
The Commerce Ministry proposes subsidies for farmers who commit to diversifying into other crops, shrimp, or fish farming within three years, with government agencies assisting in the transition and market access.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 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.