Malaysia's "unjust" shrimp ban could trigger WTO dispute, minister warns

29 Sept 11:26 Key points summarised by AI

Thailand's Commerce Minister criticizes Malaysia's sudden ban on five species of Thai shrimp as an "unjust" and "disproportionate trade barrier," asserting that Thai shrimp meet all safety standards.
Thailand warns it will escalate the dispute to the World Trade Organisation (WTO) and regional ASEAN channels if bilateral talks with Malaysia fail to resolve the immediate import suspension.
The ban impacts 300-400 tonnes of Thai shrimp monthly, severely affecting local farmers; Thailand is implementing short-term domestic distribution plans and actively seeking new international buyers to mitigate the financial shock and diversify export markets.

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.