Nationwide crackdown launched on illegal nominee shareholders and land holdings
Ratchaburi Nam Hom coconut registered as GI product in EU
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Ratchaburi Nam Hom coconut registered as GI product in EU
15 Sept 10:42Key points summarised by AI
Ratchaburi's Nam Hom coconut achieved Geographic Indication (GI) status in the European Union, significantly expanding export opportunities to 27 EU member countries and enhancing Thailand's agricultural standing.
Approved on February 18th, this designation is expected to generate an average of 300 million baht annually in exports, boosting consumer confidence and marking it as Thailand's fifth GI product in the EU 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.