Thai and Taiwanese youth have divergent strategies when saving money

14 Sept 16:11 Key points summarised by AI

Thai youth predominantly opt for low-risk cash savings, with many citing insufficient income as a primary barrier to saving or investing.
Taiwanese youth are more inclined towards stock investments, such as ETFs, to combat inflation and actively grow their assets.
These divergent saving habits are influenced by personal circumstances and economic perceptions, where some Thais feel unable to save while Taiwanese actively seek higher returns.

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.