Nationwide crackdown launched on illegal nominee shareholders and land holdings
Phiphat considers relocating Bangkok port for casino-free complex
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Phiphat considers relocating Bangkok port for casino-free complex
15 Sept 02:30Key points summarised by AI
Transport Minister Phiphat Ratchakitprakarn proposes relocating Bangkok Port's cargo operations to Laem Chabang Port to consolidate maritime trade, reduce administrative overhead, and alleviate traffic congestion in the capital.
The prime 376.8-hectare Bangkok Port site would be redeveloped into a casino-free entertainment complex, featuring a cruise terminal, commercial spaces, and high-end real estate through private sector concessions.
A substantial 96 hectares of the redeveloped land is designated for constructing modern high-rise residential housing and community facilities for the Khlong Toei slum community, home to over 40,000 residents.
The minister has ordered a comprehensive review of past resolutions and a pause on the existing master plan, emphasizing the need for feasibility studies, public hearings, and consultations before proceeding with the overhaul.
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.