Tag: Regulatory Guillotine

‘Guillotine’ regulations to lift economy

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Phumjit Sri-UdomkajornTiensawang ThamwanichNathchaya Pongakkarawat The second wave of Covid-19 in Thailand has proved to be challenging to our economic team. Previously, the government has introduced several relief measures to curb the economic impacts from the pandemic including (1) Monetary policy when BoT cut the policy interest rate and (2) Fiscal policies which are about taxs […]

Eradicating outdated laws to boost national competency

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Laws and regulations are comparable to machine code instruction executed by computers. If code is written correctly, the computer can function properly; however, if programmers write code poorly, the computer will not function well or will not even function at all. In Thailand, there is red tape and a number of outdated laws that obstruct […]