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Saturday, May 4, 2024

Foreign business leaders urge clarity and stability

As the Srettha government begins implementing its stimulus packages, aimed at revitalising Thailand’s economy, members of the foreign business community here have reiterated their call for political stability and regulatory transparency, which they see as essential in attracting investment.

The much-publicised “digital wallet” scheme has received their support, but that comes with advice for caution, especially as far as transparency is concerned.

In an interview with Thai PBS World, Vibeke Lyssand Leirvag, Chairwoman of the Joint Foreign Chamber of Commerce, stressed that transparency in implementing the policy is paramount.

“The digital wallet scheme must be fully digital and completely transparent, despite potential challenges, especially for the elderly. This policy has the potential to enhance domestic purchasing power, but it must be implemented with full…

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