Philippines remains major importer of Thai rice

14 Sept 01:33 Key points summarised by AI

Thai rice exports to the Philippines surged over 110% year-on-year in the first half of this year, reaching nearly 300,000 tonnes, establishing the Philippines as a major market.
White rice comprises the majority of exports, but demand for quality fragrant and distinctive rice varieties is increasing, particularly in urban areas and the hospitality sector.
Thailand actively promotes its diverse rice varieties and strengthens bilateral trade cooperation with Philippine rice industry stakeholders to further expand market access.
The Philippines welcomes rice imports to ensure sufficient supplies, maintain stable domestic prices, and sustain national food security.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key 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.