Nationwide crackdown launched on illegal nominee shareholders and land holdings
Work, air, and industry: Inside the battle for Thailand’s future
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Work, air, and industry: Inside the battle for Thailand’s future
11 Sept 09:32Key points summarised by AI
Thai businesses strongly resist three draft laws – covering labor protection, air quality, and factory oversight – arguing they will escalate operational costs and diminish national competitiveness.
Proposed labor reforms, including reduced working hours, are criticized by the private sector for potentially lowering worker income and production capacity, especially impacting SMEs.
Environmental and factory oversight bills face backlash over stricter penalties, biennial license renewals, and concerns about clarity in pollution funds, with businesses fearing a deterrent effect on foreign investment.
Proponents, including environmentalists and lawmakers, assert these laws are vital for public health, human rights, and transitioning to a green economy, accusing business groups of prioritizing profit over societal well-being.
The Clean Air Bill's passage is urgent before the current parliamentary term ends, aiming to replace inadequate existing regulations and ensure accountability for polluters despite private sector objections.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 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.