Satellite loss will not set back Thailand’s space ambitions - GISTDA

10 Sept 21:41 Key points summarised by AI

Thailand's GISTDA confirms the loss of its THEOS-2A Earth observation satellite due to a launch vehicle failure in India, but asserts this will not deter the nation's space ambitions or morale.
GISTDA emphasizes that the invaluable technological know-how and experience gained by over 20 Thai engineers embedded with the UK manufacturer remain intact, forming a priceless asset for future satellite development.
The lost satellite and its launch were fully insured, enabling the construction and deployment of a replacement without significant financial impediment.
The Indian Space Research Organisation (ISRO) reported a malfunction in the third stage of the Polar Satellite Launch Vehicle C62 as the cause of the anomaly, preventing THEOS-2A and 15 other satellites from reaching orbit.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 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.