Nationwide crackdown launched on illegal nominee shareholders and land holdings
Promising prospects seen for Thai coffee market
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Promising prospects seen for Thai coffee market
10 Sept 22:08Key points summarised by AI
The Thai coffee market is experiencing strong growth, valued at 65 billion baht in 2025 (an 8.33% year-on-year increase), driven by a steady rise in domestic consumption.
Significant opportunities exist for new operators, particularly in the specialty coffee segment, though success hinges on unique marketing strategies and strong branding amidst increasing competition.
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.