Nationwide crackdown launched on illegal nominee shareholders and land holdings
Malaysian PM stresses need for balance between China and US
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Malaysian PM stresses need for balance between China and US
13 Sept 19:02Key points summarised by AI
PM Anwar Ibrahim asserts Malaysia's commitment to balancing strong relations with both the US and China, vital for regional stability and economic growth.
Malaysia will negotiate with US officials regarding tariffs, with Anwar emphasizing the US's role as a key trading partner, particularly in semiconductor exports, while advocating for free trade.
Anwar concurrently plans to deepen cooperation with China, recognizing its significant contributions to trade, investment, and diplomacy, and its respect for ASEAN mechanisms.
He has proposed an ASEAN-US Summit to President Trump and will host regional summits to strengthen ASEAN's centrality and strategic partnerships.
Anwar has also engaged leaders from Japan and New Zealand to foster broader trade cooperation and understand their regional positions.
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.