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Ministries join forces to leverage Thailand’s production advantages

23 Sept 02:51 Key points summarised by AI

Thailand's Ministry of Commerce and Ministry of Higher Education, Science, Research and Innovation are partnering to enhance the production and marketing of Thai products.
The initiative will deploy innovative knowledge, research, and technology to upgrade the competitiveness of Thai entrepreneurs, prioritizing the agricultural and small to medium-sized manufacturing sectors.
Support includes improving regulations, providing upskilling/reskilling services, and encouraging local businesses to utilize intellectual property (IP) as collateral for financing.
The cooperation will unfold in immediate phases addressing urgent economic issues and long-term phases aimed at transforming Thailand into a high-value economy.

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.