Cash circulation of over Bt54bn foreseen during Lunar New Year 2026

14 Sept 01:58 Key points summarised by AI

Thai-Chinese spending for Lunar New Year 2026 is projected to exceed Bt54 billion, marking a six-year high, reflecting a 5% year-on-year increase.
Despite the overall increase, 70% of consumers are concerned about rising prices, leading 33.2% to limit purchases to essential ritual items, with fresh markets remaining their preferred shopping destination.
Purchasing patterns are shifting, with less fruit, joss sticks, and joss paper, but a slight increase in poultry and pork, partly influenced by concerns over PM2.5 pollution.
Businesses anticipate a 5.2% average increase in sales volume, and both consumers and entrepreneurs foresee enhanced domestic economic activity in Q4 2026, driven by expected government stimulus measures.

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.