Labour, Commerce unveil measures for flood victims, businesses

10 Sept 09:07 Key points summarised by AI

Labour Ministry initiates job creation and financial aid, providing 4,000 manual jobs, low-interest soft loans for repair businesses, and funds for employee house repairs and employer equipment restoration.
The ministry also offers social safety nets, ensuring 50% salary for redundant workers, funeral expenses, and mobilizes skilled teams for free house and vehicle repairs.
Commerce Ministry secures significant product discounts, coordinating up to 80% off on essential goods like electrical appliances and construction materials for flood victims.
The Commerce Ministry further fosters business growth by planning franchise opportunities for small-scale operators and implementing a three-phase recovery strategy, including relief distribution, discounted goods, job creation, and long-term economic recovery through business promotion and financial advice.

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.