Thai Chamber of Commerce welcomes possible easing of border trade restrictions

13 Sept 09:52 Key points summarised by AI

The Thai Chamber of Commerce (TCC) strongly supports the potential easing of border trade restrictions with Cambodia, viewing it as crucial to mitigate negative impacts from extended closures on international trade.
Proposed relaxations would focus on low-tension areas such as Chanthaburi and Trat provinces, aiming to help residents resume normal lives and enable businesses to restart economic activities.

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.