Fishing industry hit as diesel supplies run short

10 Sept 12:06 Key points summarised by AI

Over half of Thailand's 9,000 fishing boats face being idled as subsidised "green" diesel becomes scarce and unaffordable, with actual prices surging to 34 baht/litre in some coastal areas despite an official price of 20 baht/litre.
Fuel, which accounts for approximately 80% of operating costs for trawlers, makes sea trips economically unviable for many owners, severely impacting the fishing industry's operations.
Reduced fishing activity due to these fuel issues has directly led to a significant increase in seafood prices, ranging from 20 to 100 baht per kilogram.
The Thai Fisheries Association is urgently seeking government assistance to address the critical fuel shortages and escalating prices affecting the industry.
The fuel crisis extends beyond fishing, with general petrol stations experiencing shortages, shortened operating hours, and rationing, prompting some motorists to seek fuel in neighboring Malaysia.

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.