Nationwide crackdown launched on illegal nominee shareholders and land holdings
Government to promote B20 biodiesel
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Government to promote B20 biodiesel
12 Sept 06:58Key points summarised by AI
The government promotes B20 biodiesel (20% palm oil blend) to save public transport operators 5 baht/litre and boost palm oil demand, enhancing farmer revenues and energy security.
Despite its lower price and benefits, B20 faces low adoption among motorists and truckers due to concerns about engine compatibility and potential higher maintenance costs.
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.