Nationwide crackdown launched on illegal nominee shareholders and land holdings
BOT prepares cash supply for nationwide New Year celebrations
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BOT prepares cash supply for nationwide New Year celebrations
15 Sept 09:58Key points summarised by AI
The Bank of Thailand (BOT) has supplied commercial banks with approximately 70 billion baht in banknotes to ensure sufficient cash for public withdrawals during the upcoming New Year 2026 festivities.
Major commercial banks, including Bangkok Bank, Krungthai Bank, and Kasikornbank, have also announced their individual cash provisions, guaranteeing ample funds at ATMs and branches nationwide from December 30, 2025, to January 4, 2026.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 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.