Retailers call for ‘quick win’ policies to boost economy

The Thai Retailers Association (TRA) is asking the new government to pursue a set of "quick win" measures aimed at reducing the cost of living and stimulating the economy.

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Nath Vongphanich, president of the TRA, said the next three months represent a critical window for the implementation of short-term measures to generate tangible momentum.

The TRA said the measures must be effective, targeted, practical, and deliver visible results that support consumers, small and medium-sized enterprises, farmers, workers, and businesses at every level.

The association has outlined urgent measures designed to boost consumer spending and cash flow in the final quarter of the year, creating a multiplier effect across the economy.

These initiatives include the "Khon La Khrueng" co-payment scheme, of which the association recommends an expansion of coverage to include all types of retailers, thereby maximising consumer choice and convenience, while simplifying conditions.