Nationwide crackdown launched on illegal nominee shareholders and land holdings
Can JBC talks move the needle on resolving Thai-Cambodian border disputes?
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Can JBC talks move the needle on resolving Thai-Cambodian border disputes?
12 Sept 12:03Key points summarised by AI
The Thailand-Cambodia Joint Boundary Commission (JBC) is set to meet on June 14, but expectations for resolving long-standing border disputes are low, especially after a recent military clash.
Thailand insists on bilateral talks through the JBC, emphasizing national sovereignty and refusing to concede territory, while Cambodia proposes referring specific "Emerald Triangle" disputes to the International Court of Justice (ICJ).
Thailand's Foreign Minister explicitly stated that Thailand does not recognize the ICJ's jurisdiction on these matters, preferring the bilateral JBC framework as the most effective mechanism.
The Thai government faces significant pressure from right-wing nationalist groups to scrap the 2000 MOU, reject ICJ authority, and firmly assert Thai sovereignty over disputed temple areas.
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.