Chinese steelmaker linked to SAO collapse cleared to resume operations

12 Sept 02:30 Key points summarised by AI

Chinese steelmaker Xin Ke Yuan in Rayong received permission to resume operations from June 5, having rectified issues identified by the Industrial Works Department.
The company was suspended last April after its substandard rebar was found in the collapsed State Audit Office building, though it was not deemed the primary cause.
Despite rectifications, public and trader concerns about product quality persist, leading the Industry Minister to request further clarification on product safety.
Xin Ke Yuan also upgraded its emissions control system and successfully passed all required tests during trial operations in March.

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.