Nationwide crackdown launched on illegal nominee shareholders and land holdings
Third phase of digital handouts scheme postponed - PM
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Third phase of digital handouts scheme postponed - PM
13 Sept 13:42Key points summarised by AI
Thailand's government has postponed the third phase of its 10,000 baht digital handout scheme, intended for 2.7 million Thais aged 16-20, which was due this month.
Prime Minister Paetongtarn Shinawatra stated the delay stems from global economic shifts, including potential US tariffs on Thai exports, and the need for further feedback from agencies like the Bank of Thailand.
The government remains committed to the scheme but is assessing whether the funds could be better utilized, promising to explain the necessity of the postponement to potential recipients.
PM Shinawatra also confirmed ongoing, confidential tariff negotiations with the US, expected to conclude within a 90-day timeframe.
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.