3rd phase of cash handout scheme will proceed on schedule

13 Sept 19:30 Key points summarised by AI

Deputy Finance Minister Julapun Amornvivat confirmed the 3rd phase of the 10,000 baht cash handout scheme will be disbursed in May or June as scheduled.
This phase targets approximately 2.7 million Thais aged 16-20, receiving 10,000 baht each in "digital money," costing 35 billion baht.
The online disbursement system is already arranged with financial institutions, and Cabinet approval for the scheme is expected next week.
The minister dismissed allegations that the government is using budget allocated for loan repayments to fund the scheme, amidst calls for an anti-corruption investigation into its legality.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 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.