Coffin shops struggle to stay afloat amid oil price surge

13 Sept 09:28 Key points summarised by AI

Rising oil prices severely impact the funeral industry, causing a significant surge in costs for raw materials like wood, paint, and transportation for coffin makers.
Some businesses, such as Ananta Golden Coffin, have been forced to increase coffin prices (e.g., from 1,000 to 1,100 baht) to cover escalating expenses and remain viable.
Other firms, like Suriya Coffin, are delaying price adjustments out of sympathy for grieving families, absorbing the increased costs while offering free local delivery.
The industry faces immense pressure, with business owners urging the government to address high fuel prices to help reduce overall operating expenses.
Temples, such as Na Mai Temple, continue to serve as a vital safety net, offering assistance and arranging funeral rites for low-income families struggling to afford services.

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.