Oil export ban confusion leaves oil trucks queuing at border crossing with Laos

11 Sept 02:27 Key points summarised by AI

Thai oil trucks are queuing at the Laos border due to conflicting reports regarding a potential ban on crude oil and finished petroleum product exports.
Border officials cited a new Energy Ministry ban, aimed at ensuring sufficient domestic reserves amidst the Middle East conflict, as the reason for halting shipments.
Energy Minister Atthapol Rerkpiboon clarified that oil deliveries to Laos will not be affected, but exports will be under strict control to prevent diversion to other destinations.
The confusion and fear of supply stoppage led to motorists in Laos and Myanmar flocking to petrol stations, causing long queues.

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.