Thai Government upset over US suspension of tariff talks

14 Sept 13:02 Key points summarised by AI

Thailand expressed disappointment over the US's decision to suspend tariff talks, conditioned on Thailand reviving a joint declaration with Cambodia.
Thailand's suspension of commitments under the declaration followed a landmine explosion that injured four Thai soldiers on Thai territory.
The Thai government insists on separating tariff and security issues, preferring to resolve border conflicts with Cambodia through bilateral means.
Thailand plans to continue trade talks with the US and seeks support from President Trump and Malaysian Prime Minister Anwar Ibrahim to mediate with Cambodia.
President Trump jokingly suggested a 19% tariff reduction on Thai products if Thailand swiftly clears landmines along the Cambodian border.

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.