Daikin Thailand suspends all employees after bonus talks collapse

10 Sept 17:02 Key points summarised by AI

Daikin Industries (Thailand) suspended all employees from December 6 after bonus negotiations with the labour union failed to reach an agreement.
The suspension, a legal last resort under Thai labour law, means employees will not be paid during this period but are not laid off.
The conflict stems from employees' dissatisfaction with the company's offer of a 5-month bonus plus 12,000 baht, arguing for more due to improved company performance.

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.