Nationwide crackdown launched on illegal nominee shareholders and land holdings
How bonds are helping investors cash in amid rising public debt
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How bonds are helping investors cash in amid rising public debt
19 Sept 20:35Key points summarised by AI
Thailand's escalating public debt, driven by persistent budget deficits, necessitates increased government bond issuance, creating a substantial supply for investors.
In 2025, government and corporate bonds yielded 5-8% returns, significantly outperforming the struggling stock market and establishing bonds as a more profitable investment.
The Thai bond market's outstanding value has surpassed the equity market, offering a relatively default-risk-free alternative for investors as the government relies on local funds to manage its debt.
ESG bond issuance surged by 18.18%, with government-issued ESG bonds providing the highest returns (8.2%), highlighting a growing and lucrative segment within the bond market.
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.