Co-payment scheme may start as early as mid-October

11 Sept 21:05 Key points summarised by AI

The Thai government plans to launch a co-payment scheme by mid-October to boost citizens' purchasing power and stimulate the sluggish economy.
The scheme offers differentiated government contributions: 60% of spending for those in the tax system and 50% for those not in the tax system.
Holders of state welfare cards are not eligible for the co-payment scheme but may receive increased financial support through their existing subsidies.
Funding for the initiative is estimated at over 25 billion baht, targeting approximately 25 million people, with individual allocations potentially less than previous schemes.

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.