Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand targets 2029 to become ASEAN’s largest aviation hub
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Thailand targets 2029 to become ASEAN’s largest aviation hub
10 Sept 18:51Key points summarised by AI
Thailand aims to establish itself as ASEAN's premier aviation hub by 2029, leveraging its strategic geographic position to enhance regional travel and logistics.
The plan involves significant infrastructure upgrades, targeting a combined annual passenger capacity of 120 million at Suvarnabhumi and Don Mueang airports by 2029.
Key initiatives include integrating provincial airports, improving cargo handling, streamlining regulatory processes, and developing dedicated Aircraft Maintenance, Repair, and Overhaul (MRO) facilities.
Major expansion projects, such as Suvarnabhumi's East Expansion and Don Mueang's Phase 3, are underway, with the Transport Minister expressing confidence in achieving the ambitious 2029 target.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 15:20Key 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.