Thai FDA moves to prevent drug supply shortages amid oil crisis

10 Sept 14:57 Key points summarised by AI

The Thai FDA allows fast-track changes to raw material sources and packaging modifications for pharmaceutical producers to combat shortages caused by rising oil prices and transport costs, particularly affecting plastic pellets.
The Commerce Ministry proposes adding plastic pellets and bottled water to the list of controlled products and will require manufacturers of essential goods to seek permission before increasing prices.
As a mid-term measure, the Thai FDA will promote the use of alternative and herbal medicines for life-saving treatments to ensure continued availability.
The Commerce Ministry plans 'Blue Flag' sales promotions and will tighten price controls on essential household goods to provide consumers with affordable necessities.

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.