Tax increase on diesel and benzine won’t affect pump prices

11 Sept 01:36 Key points summarised by AI

Deputy Finance Minister Paopoom Rojanasakul confirmed that a one-baht per litre excise tax increase on diesel and benzine will not raise pump prices, as it will be offset by reduced contributions to the Oil Fund from refiners.
The adjustment, driven by declining global oil prices, is an internal mechanism to rebalance state revenues and is assured not to impact the cost of living; electricity prices will also remain stable at 3.99 baht/unit until December.

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.