Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand launches cost-of-living relief drive with deep retail discounts
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Thailand launches cost-of-living relief drive with deep retail discounts
11 Sept 11:57Key points summarised by AI
Thailand's Commerce Ministry launched the 'Thai help Thai' initiative, a nationwide campaign offering deep discounts on over 3,000 daily essentials to combat rising living costs.
The program features discounts up to 58% on a wide array of products, including food staples, personal care items, and household goods, supported by major retailers like Makro, Lotus's, Tops, and GO Wholesale.
Consumers can expect significant savings on rice (up to 58%), cooking oils (up to 34%), fresh and frozen foods, and personal care products (up to 50%), alongside 'buy one, get one free' promotions.
The initial phase runs through April and May, with plans to introduce new products, extend discounted pricing until year-end, and expand distribution channels across all provinces for broader access.
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.