Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand’s calibrated re-engagement with Myanmar and uncalculated costs
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Thailand’s calibrated re-engagement with Myanmar and uncalculated costs
11 Sept 21:09Key points summarised by AI
Thailand hosted Myanmar's Min Aung Hlaing to advance its 'calibrated re-engagement' policy, aiming to protect national interests and facilitate regional peace, but the visit drew strong domestic and regional criticism for legitimizing the military regime.
Despite signing agreements on labor and environmental cooperation, the visit yielded limited tangible progress on critical cross-border issues like pollution and security, with critics highlighting Nay Pyi Taw's inability to control all problem areas.
The engagement incurred high diplomatic costs, risking the weakening of ASEAN's collective stance and failing to advance genuine peace talks or uphold the Five-Point Consensus, as evidenced by ethnic armed groups' distrust and subsequent military actions along the border.
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.