Reform effort urged for incoming administration - News Summed Up

Reform effort urged for incoming administration


Improved connectivity would not only support tourism but also raise productivity and unlock new business opportunities nationwide, he said. "If there is no economic reform, Thailand's GDP growth is expected to remain persistently low at just 1-2% a year. These industries, which have driven economic growth for more than 30 years, are becoming outdated, leading to factory closures and production cuts. After that, growth could return to 4-5% if economic reform and industrial transformation are successfully implemented," he said. Mr Kobsak said economic stimulus measures that support growth and improve public welfare, such as co-payment schemes and domestic tourism incentives, are acceptable.


Source: Bangkok Post January 15, 2026 19:19 UTC



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