Government asked to expedite regulatory guillotine
published : 29 Jul 2021 at 04:00
The government is being urged to step up efforts to reform outdated laws and regulations that hinder business activities and public services within six months to raise Thailand s competitiveness after the pandemic.
Kobsak Pootrakool, senior executive vice-president of Bangkok Bank and chairman of a subcommittee on business regulation reform set up by the premier, said the government needs to expedite reducing unnecessary or obsolete laws and regulations, known as a regulatory guillotine, within six months.
Any delay may affect Thailand s overall competitiveness, especially after the pandemic when frenetic competition is anticipated, said the former minister to the Prime Minister s Office.
First double-dip recession since 1998 looms
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Thailand risks first double-dip recession since 1998 crisis
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American Express retains commitment American Express retains commitment
Financial service provider s latest tie-up with Bangkok Bank is helping increase uptake of its cards in the premium and affluent segments
published : 27 Jul 2021 at 04:53
1 Mr Brown is optimistic about consumer spending in Thailand and expects pent-up demand in both travel and retail industries when the pandemic situation improves.
Thailand remains an important strategic market for global financial service provider American Express, said Marlin Brown, vice-president and country manager at American Express in Thailand, in an interview with the Bangkok Post.
He added that American Express latest collaboration with Bangkok Bank to accelerate its card acceptance across Thailand shows the company s commitment to growing the business in the market. American Express and Bangkok Bank recently signed this partnership deal.