Thailand to challenge US unfair-trade probe

10 Sept 19:57 Key points summarised by AI

The United States initiated Section 301 unfair trade practice investigations against 16 key trading partners, including Thailand, to reinstate tariffs recently deemed illegal by the US Supreme Court.
Thailand's Commerce Minister established a special working group to challenge the US probe, preparing a formal response by April 15 and an open hearing scheduled for May 5 in Washington DC.

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.