Nationwide crackdown launched on illegal nominee shareholders and land holdings
Govt to curb fare hikes amid Middle East war
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Govt to curb fare hikes amid Middle East war
23 Sept 01:54Key points summarised by AI
The Ministry of Transport will implement a new regulation to freeze public transport fares, including taxis, motorcycle taxis, and ride-hailing services.
This measure is part of a package of government initiatives aimed at mitigating the economic impacts of the ongoing Middle East war on Thailand.
The government assures sufficient oil reserves for 60 days and is actively seeking alternative oil supply sources to ensure stability.
Authorities will invoke anti-profiteering laws to prevent opportunistic price increases by traders and ensure consumer product stability.
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.