Electricity price for small households cut to ฿3/unit

10 Sept 22:32 Key points summarised by AI

Reduces Electricity Costs: The Energy Policy Committee approved cutting electricity prices to ฿3/unit for approximately 20 million small households consuming under 200 units monthly, with billing adjustments starting in June.
Launches Solar Buyback Scheme: A new program will purchase surplus electricity from solar rooftops at ฿2.20/unit for a decade, promoting installations and requiring grid infrastructure upgrades.
Promotes Broader Energy Reforms: The Cabinet also mandated a 20% energy reduction for state agencies, replacing streetlights with LEDs, and advancing electric vehicle adoption and bio-energy use.

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.