Nationwide crackdown launched on illegal nominee shareholders and land holdings
Southeast Asian leaders meet to talk tariffs, truce and East Timor
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Southeast Asian leaders meet to talk tariffs, truce and East Timor
13 Sept 08:51Key points summarised by AI
ASEAN leaders expressed deep concern over US unilateral tariffs, highlighting a global shift towards protectionism and emphasizing the bloc's strategy to diversify trade alliances with partners like China and Gulf states.
The summit intensified pressure on Myanmar's military junta to adhere to a 2021 peace deal, with calls to extend and expand a ceasefire amidst the ongoing conflict.
ASEAN members showed strong support for East Timor's accession, noting significant progress in its application and aiming to finalize its membership by the next summit in October.
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.