Price of LPG frozen until end of July

10 Sept 23:35 Key points summarised by AI

The Energy Policy Management Committee froze the ex-refinery LPG price at 20.9179 baht/kg until July 31, ensuring the retail price for a 15Kg cylinder remains at 423 baht.
This decision, prompted by Middle East conflicts and global price volatility, has led to a 38.6 billion baht accumulated loss for the Oil Fuel Fund, despite a 43% increase in global LPG prices from March to May.

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.