Nationwide crackdown launched on illegal nominee shareholders and land holdings
Cabinet caps electric train fares at Bt20, effective October 1
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Cabinet caps electric train fares at Bt20, effective October 1
13 Sept 23:56Key points summarised by AI
Cabinet approves a uniform Bt20 fare cap for all Bangkok and suburban electric train services, effective October 1.
Thai nationals must register via the "Thang Rath" platform starting August to access the capped fare using specific payment cards.
The new fare extends to numerous lines, including Green, Blue, Red, and Airport Rail Link, expanding a key Pheu Thai election pledge.
Taxpayers will compensate train operators for revenue losses, with the policy aiming to reduce private car use, traffic, and carbon emissions.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 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.