Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thai PM says US AI demands unrelated to tariff talks
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Thai PM says US AI demands unrelated to tariff talks
13 Sept 16:27Key points summarised by AI
Thai Prime Minister Anutin Charnvirakul states that US demands for allies to choose sides in the AI competition with China are separate from ongoing tariff negotiations and will not influence Thailand's trade discussions.
Reports indicate the US is preparing to pressure dozens of countries to align with its Pax Silica AI coalition, threatening exclusion if they join China's rival framework, aiming to deny China resources for AI dominance.
China has launched its own "World Artificial Intelligence Cooperation Organisation" to promote open-weight AI technology, intensifying the global tech rivalry and challenging US influence.
A draft US letter explicitly urges countries to "choose deliberately" on AI alignment, implying that dual membership in both US and Chinese initiatives, as seen with Kazakhstan, is unacceptable.
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.