New government urged to address urgent problems

12 Sept 05:20 Key points summarised by AI

The private sector, led by the Federation of Thai Industries (FTI), urges the new Bhumjaithai-led government to implement immediate measures addressing urgent national issues, despite its expected short tenure.
FTI President Kriangkrai Thiennukul highlights critical concerns including the rising cost of living, high energy costs, financial support for SMEs, ongoing trade talks with the United States, and the need to improve the investment climate.
Despite a limited four-month mandate, the private sector emphasizes maximizing the government's time to stimulate the sluggish economy and enhance the investment climate, pledging full support.
Economic advisors support the new Prime Minister's plan to recruit economic professionals for his Cabinet, anticipating their assumption of office and commencement of work by mid-October.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 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.