Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thai shrimp exports to Malaysia expected to resume within 30 days
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Thai shrimp exports to Malaysia expected to resume within 30 days
11 Sept 11:31Key points summarised by AI
Thailand and Malaysia are expediting health and hygiene inspections for five Thai shrimp species, aiming to resume exports within 30 days following a temporary ban.
Bilateral discussions also focused on accelerating regulatory processes to facilitate future Thai beef and pork exports to Malaysia, indicating broader trade cooperation.
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.