Nationwide crackdown launched on illegal nominee shareholders and land holdings
M82 elevated motorway free trial to start Aug 28
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M82 elevated motorway free trial to start Aug 28
14 Sept 13:03Key points summarised by AI
The 25-kilometre M82 elevated highway, connecting Bang Khun Thian, Ekachai, and Ban Phaeo, will commence a toll-free trial on August 28 to alleviate severe traffic congestion on Rama II Road.
Motorists can utilize the new route from the Southern Kanchanapisek Outer Ring Road to Ban Phaeo, with key entry/exit points at Phanthai Norasing, Mahachai 1 & 2, and Ban Phaeo becoming immediately operational.
During the trial, speed limits are enforced (80 km/h for cars, 65 km/h for trucks/buses), and certain vehicles like motorcycles are prohibited; full commercial toll operations are projected for 2029 after system installations.
This strategic opening is expected to significantly cut travel times to southern provinces, enhancing freight logistics, trade, and tourism across the region.
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.