Thai PM revives joint panel with business to tackle economic bottlenecks
Thai PM revives joint panel with business to tackle economic bottlenecks — confirmed details at this stage for Phuket readers.
Prime Minister Anutin Charnvirakul met executives from the Federation of Thai Industries on May 12 to relaunch the joint public-private committee, or KorRorOr, as part of a wider push to improve competitiveness. The government said the talks, relevant to business sentiment in Phuket and nationwide, covered financing, infrastructure, legal reform and labor management, with the private sector also raising the status of more than 200,000 Cambodian workers outside the formal system.
Government spokeswoman Ratchada Thanadirek said the meeting included ministers handling legal and economic portfolios and marked the start of closer coordination with industry. She said Anutin framed the state’s role as shifting from regulator to supporter so companies can operate at full capacity.
Three economic groups to join revived committee
Anutin backed restoring the formal mechanism by bringing in three core economic institutions: the Federation of Thai Industries, the Thai Chamber of Commerce and the Thai Bankers’ Association.
Officials said the committee is intended to become a regular forum for identifying problems, proposing solutions and turning economic policy into action. Ratchada cited the role similar state-business cooperation played in the past during development of the Eastern Seaboard.
The industry side also raised production costs, SME access to funding, logistics, clean energy and business-friendly legal changes.
SMEs, supply chains and migrant labor in focus
The government said it is concerned about SMEs facing liquidity problems, non-performing loans and, in some cases, a slide into informal debt.
Ratchada said officials are considering ways to help those operators return to the formal economy while improving their ability to make competitive products. She said the government also plans to use state purchasing under the Made in Thailand, or MiT, policy to create orders for Thai goods and make bank credit easier to access.
On infrastructure, Anutin highlighted missing links beyond transport construction, including downstream industry, logistics and agricultural and food exports.
The Labor Ministry will take forward a proposal with the private sector to design registration, oversight and use of foreign workers, especially more than 200,000 Cambodian workers who remain outside the system.
Source: https://www.prachachat.net/politics/news-2006330
