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Foreign investors suggest the new government should focus on long-term plans

Foreign investors suggest the new government should focus on long-term plans

22 Sept 20:40 Key points summarised by AI
  • Foreign investors urge Thailand's new government to prioritize long-term strategies, focusing on industrial and educational transformation, rather than short-term policies like a substantial minimum wage increase.
  • Experts recommend reforming the educational system to cultivate a skilled workforce and transforming industries, including agricultural automation, to enhance competitiveness and generate higher incomes.
  • Political stability is identified as a crucial factor for attracting foreign investment, with calls for the new government to establish a clear direction promptly.
  • Business leaders caution that a 20% daily minimum wage hike could significantly challenge all economic sectors, particularly SMEs and foreign investors, advocating for thorough discussion before implementation.
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