Thailand in Focus :: Thailand’s economy is steady and strengthening
Thailand in Focus :: Thailand’s economy is steady and strengthening
31/03/2015
The Upper Reach Team interviewed Sommai Phasee, Minister of Finance. During the interview, he stressed the focus of the government to raise the competitiveness of the Thai economy through the implementation of Special Economic Zones and big expenditure in infrastructure. He explained that the decrease of some taxes such as the Property Tax would spur the economy in 2015 up to 4%.The AEC intervention is almost a reality by the end of this year. It will change the dynamics of the whole region. Prime Minister Prayuth stated not long ago, "We must continue to raise our competitiveness to stay ahead of our neighbors, especially with some countries that can be considered both partners and economic competitors." The Government is then committed to improve Thailand's competitiveness.
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