Govt cuts electricity price for four-month period to ease living costs

13 Sept 07:53 Key points summarised by AI

The National Energy Regulatory Commission (NERC) has cut electricity prices from 3.94 baht/unit to 3.88 baht/unit for January through April to reduce living expenses.
This reduction aligns with an EGAT proposal to return accrued expenses and follows a drop in global liquefied natural gas (LNG) prices, which also lowers the Fuel Tariff (FT).

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 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.