Nationwide crackdown launched on illegal nominee shareholders and land holdings
Min Aung Hlaing pitches own vision of 'land bridge' to Thai investors
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Min Aung Hlaing pitches own vision of 'land bridge' to Thai investors
10 Sept 07:31Key points summarised by AI
Myanmar's leader, Min Aung Hlaing, proposed positioning the nation as a strategic 'land bridge' connecting East, Southeast, and South Asia, aiming to link the Pacific and Indian Oceans for enhanced logistics and trade.
He actively invited Thai businesses to invest in critical sectors such as energy, electric vehicles (EVs), green technology, high-value agricultural processing, and major infrastructure projects, specifically highlighting Special Economic Zones (SEZs) like Dawei.
Hlaing stressed the creation of a stable, win-win business ecosystem by leveraging Myanmar's abundant resources and labor with Thai capital and technology, while also addressing illegal border trade and assuring investors of ongoing economic reforms and legal protections.
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.