Amid stagflation fears, fledgling Anutin government juggles economic tools

12 Sept 15:30 Key points summarised by AI

The Anutin administration is implementing a 500 billion baht loan and relaunching a co-payment scheme to stimulate weak domestic demand and combat the global oil crisis.
Despite these measures, the Finance Ministry cut the 2026 GDP forecast to 1.6% due to oil price shocks and reduced tourism, though officials deny Thailand has entered stagflation.
The government is also pursuing structural economic adaptations, including tax deductions for clean energy investments and accelerated public spending, to mitigate the crisis and bolster the economy.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 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.