ASEAN to hold second special meeting on Middle East crisis Friday

15 Sept 15:04 Key points summarised by AI

ASEAN foreign ministers will convene a second special online meeting to address the escalating Middle East crisis and its significant economic impacts on Southeast Asia.
The Philippines, as ASEAN chair, initiated the meeting due to concerns over the Strait of Hormuz blockade, which threatens global energy supplies and regional economic stability.
Discussions will focus on strategies to mitigate economic fallout, ensure energy security, protect supply chains, and explore contingency measures like energy source diversification.
ASEAN is expected to reaffirm its calls for de-escalation, adherence to international law, civilian protection, and its long-standing neutrality in major power conflicts.

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.