Indonesia hails 'new era' with US after Trump trade pact

14 Sept 04:53 Key points summarised by AI

Indonesian leader Prabowo Subianto announced a 'new era of mutual benefit' with the US after President Trump agreed to a reduced 19 percent tariff on Indonesian goods, down from an initial threat of 32 percent.
The trade pact was secured following direct negotiations and includes 'significant purchase commitments' from Jakarta, notably a pledge to buy 50 Boeing jets.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 15:20 Key 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.