Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand and Cambodia open ceasefire talks in Malaysia
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Thailand and Cambodia open ceasefire talks in Malaysia
14 Sept 08:14Key points summarised by AI
Thailand and Cambodia commenced historic ceasefire talks in Malaysia, brokered by Prime Minister Anwar Ibrahim as the current ASEAN Chair, to halt hostilities and de-escalate tensions along their disputed border.
The meeting saw attendance from Thailand's acting Prime Minister Phumtham Wechayachai and Cambodian leader Hun Manet, with US and Chinese ambassadors participating as co-facilitators.
These discussions aim to resolve long-standing diplomatic tensions and recent deadly armed clashes, which have erupted since May 28 and escalated on July 24, causing fatalities and forcing thousands of civilian evacuations.
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.