Nationwide crackdown launched on illegal nominee shareholders and land holdings
‘Super El Niño’ could extend Thailand’s dry season into next year
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‘Super El Niño’ could extend Thailand’s dry season into next year
10 Sept 21:35Key points summarised by AI
Thailand faces a potential 'super El Niño' event, threatening to prolong its dry season for up to 1.5 years, impacting water resources.
The country's climate risk has escalated dramatically, with its ranking for extreme heat vulnerability rising from 72nd in 2020 to 17th in 2024.
Projected record temperatures for 2026 align with global warnings, identifying environmental risks as the leading threat to the global economy.
Authorities emphasize the critical need for efficient water resource management to ensure sufficient supply for consumption and irrigation during the extended dry period.
Unseasonal summer storms, characterized by strong winds, heavy rain, lightning, and hail, are also forecast due to converging weather fronts.
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.