Nationwide crackdown launched on illegal nominee shareholders and land holdings
JBC on demarcation of land boundaries to meet in Phnom Penh
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JBC on demarcation of land boundaries to meet in Phnom Penh
13 Sept 21:53Key points summarised by AI
Cambodia and Thailand will convene a Joint Commission on the Demarcation of Land Boundaries (JBC) meeting in Phnom Penh on June 14 to deescalate their ongoing border dispute.
The meeting was agreed upon by foreign ministers, who committed to upholding the 2000 Memorandum of Understanding (MoU) and expediting JBC technical meetings to address border issues, especially in recent incident areas.
Cambodia's Ministry of Foreign Affairs confirmed its commitment to resolving border issues peacefully through technical mechanisms and international law.
Following a fatal clash, army commanders agreed to withdraw troops from the disputed area, while Cambodian leaders Hun Sen and Hun Manet reiterated calls for the International Court of Justice (ICJ) to consider the dispute.
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.