The private sector has proposed the government establish a specific agency to take charge of reforming outdated laws and regulations, especially those relating to the ease of doing business, to enhance the country’s competitiveness and rehabilitate the economy.
According to Sanan Angubolkul, chairman of the Thai Chamber of Commerce, the new agency should be staffed with suitable people and given an appropriate budget to work full-time on a “regulatory guillotine” exercise to get rid of outdated rules and laws that hinder business activities and public services.
“The private sector through the Joint Standing Committee on Commerce, Industry and Banking [JSCCIB] has already requested the Office of the Council of State improve more than 40 proposals,”…
