Trade war serves as opportunity

Chamber of Commerce, said Thailand possesses growth potential aligning with the chamber's “Unlocking New Growth” strategy launched earlier this year.

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The trade war presents a good opportunity for Thailand to reshape its economy and enhance its appeal to investors in the short, medium and long term.

In the short term, he said Thailand needs to boost business confidence, streamline business operations, and urgently reform regulations and bureaucracy to improve transparency and efficiency.

This includes reevaluation of various permits, such as environmental impact assessments, Bol approvals, and processes for importing foreign workers, said Mr Poj.