Panic buying, not hoarding, behind fuel shortages: PM

14 Sept 02:27 Key points summarised by AI

Prime Minister Anutin Charnvirakul dismissed accusations of fuel hoarding by refineries and depots, attributing widespread shortages to panic buying by motorists and stockpiling.
Daily fuel demand surged from 67 million to 84 million litres due to panic buying, despite consistent crude oil imports and unchanged refinery production levels.
Energy Minister Atthapol Rerkpiboon's inspection found no evidence of hoarding at a major depot, which is operating 24/7 with doubled deliveries, though distribution is experiencing longer delivery times.

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.