Thailand, Malaysia to meet Wednesday over shrimp ban

13 Sept 23:08 Key points summarised by AI

Thai Agriculture Minister Suriya Juangroongruangkit will meet his Malaysian counterpart on Wednesday to resolve a trade dispute over shrimp and sea bass.
Malaysia banned five species of Thai shrimp on June 1, citing food safety concerns, a move widely perceived as retaliation for Thailand's stricter health inspections on Malaysian sea bass.
Thailand is committed to protecting its shrimp industry and is prepared to introduce new technology to speed up health screenings for Malaysian sea bass, aiming to benefit both countries and end the dispute.

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.