Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand and Vietnam enhance ties with agreements and flight proposals
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Thailand and Vietnam enhance ties with agreements and flight proposals
13 Sept 14:13Key points summarised by AI
Formalized a 'comprehensive strategic partnership' through MOUs covering trade, aviation, education, banking, and narcotics control.
Proposed direct flights between Vietnam and Thailand's Udon Thani and Nakhon Phanom to boost tourism and business.
Explored investment in future industries like semiconductors and data centers, fostering tech collaboration and human capital development.
Reaffirmed strong economic ties, with Thailand as Vietnam's largest ASEAN trading partner and significant bilateral trade and investment.
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.