Second round of US-Thai non-tariff trade talks expected end of this month

11 Sept 12:33 Key points summarised by AI

Thailand and the US anticipate a second round of non-tariff trade talks by early September, aiming to establish an Agreement on Reciprocal Tariffs (ART).
Key discussion points will include regional value content (RVC), with potential significant impacts on Thai goods, alongside the ongoing implementation of US tariffs and exemptions for US imports to Thailand.

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.