Ekniti builds policy team as Santitarn tipped for role

13 Sept 12:18 Key points summarised by AI

New Finance Minister Ekniti Nitithanprapas is forming an expert advisory team to strengthen economic policy direction.
Santitarn Sathirathai, known for his extensive experience in economic policy and global financial analysis, is expected to be appointed as Ekniti's vice minister.
Santitarn has resigned from his positions at the Bank of Thailand and Bluebik Group, preparing to take on this significant government role.
His distinguished background includes a PhD from Harvard, a career spanning the Bank of Thailand, Sea Group, and Credit Suisse, and recognition as a top global economic forecaster.

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.