Nationwide crackdown launched on illegal nominee shareholders and land holdings
The central bank to launch banknote clinic to assist flood victims
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The central bank to launch banknote clinic to assist flood victims
11 Sept 19:02Key points summarised by AI
The central bank will launch mobile "banknote clinics" in flood-affected southern areas to directly inspect and exchange damaged banknotes for residents.
Government and commercial banks in affected regions will offer daily damaged banknote exchange services throughout December, a significant expansion from the previous weekly service, while new polymer notes are durable and can be washed if soiled.
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.