Thai Chamber Backs Central Bank Gov on Anti-Corruption Drive

Matichon•Economy•257d ago

Reader Briefing

The Thai Chamber of Commerce President supports the Governor of the Bank of Thailand's call for decisive action against corruption and structural reforms to boost economic growth.

•The President of the Thai Chamber of Commerce, Poj Aranwatthananon, expressed support for the Governor of the Bank of Thailand's emphasis on practical anti-corruption measures.
•Both business leaders and the central bank governor highlighted the urgent need for concrete structural reforms to address Thailand's economic and political challenges.
•The business sector is promoting a 'Zero Corruption' policy and calls for tangible action beyond mere policy announcements.
•The Thai economy is projected to grow at a low 1.5-1.7% in 2026, requiring both short-term stimulus and long-term structural changes.

Overview

•On Jan 29, Poj Aranwatthananon, President of the Thai Chamber of Commerce, commented on corruption issues.
•The private sector, led by the Joint Private and Public Sector Consultative Committee (GCP) and 'Friends Don't Tolerate,' has been promoting a 'Zero Corruption' policy.
•Poj Aranwatthananon stated that 'Announcing policy alone is insufficient. What Thailand needs today is to translate policy into tangible and continuous action from all sectors.'
•Poj Aranwatthananon expressed support for the ideas of Vitai Ratanakorn, Governor of the Bank of Thailand, presented at the 'Thailand Blooming 2026' seminar on March 28, 2026.
•Poj Aranwatthananon noted that 'Thailand has discussed solving inequality, increasing productivity, and enhancing competitiveness for decades, but what's missing is execution and continuity. Today, the private sector sees clearly that without urgently fixing structural issues, the Thai economy cannot achieve sustainable growth.'
•The Bank of Thailand forecasts Thai GDP growth of only 1.5-1.7% for the current year.
•The Bank of Thailand is actively working on structural issues such as household debt resolution, SME credit guarantees, baht stability, and combating illicit capital, money laundering, and unusual cash usage.
•The Thai Chamber of Commerce is ready to support all sectors in driving policies into practice, fostering cooperation between the government, financial institutions, and the private sector to restore confidence and solve structural problems.

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Source: Matichon (Original)

Key Quotes

Poj Aranwatthananon

"“Thailand has discussed solving inequality, increasing productivity, and enhancing competitiveness for decades, but what's missing is execution and continuity. Today, the private sector sees clearly that without urgently fixing structural issues, the Thai economy cannot achieve sustainable growth.”"

“ประเทศไทยพูดถึงการแก้ปัญหาความเหลื่อมล้ำ การเพิ่มผลิตภาพ และการยกระดับขีดความสามารถในการแข่งขันมานานหลายทศวรรษ แต่สิ่งที่ยังขาดคือคนทำและการทำอย่างต่อเนื่อง วันนี้ภาคเอกชนเห็นชัดเจนว่า หากไม่เร่งแก้ปัญหาเชิงโครงสร้าง เศรษฐกิจไทยจะไม่สามารถเติบโตได้อย่างยั่งยืน”

Poj Aranwatthananon

"“Announcing policy alone is insufficient. What Thailand needs today is to translate policy into tangible and continuous action from all sectors.”"

“การประกาศนโยบายเพียงอย่างเดียวไม่เพียงพอ สิ่งที่ประเทศไทยต้องการวันนี้ คือการแปลงนโยบายไปสู่การลงมือทำจริงอย่างเป็นรูปธรรมและต่อเนื่องจากทุกภาคส่วน”

Key Entities

Person

Thai Chamber of Commerce President(ปธ.หอค้าฯ)

The President of the Thai Chamber of Commerce and the Board of Trade of Thailand, who advocates for anti-corruption measures and economic reforms.

Poj Aranwatthananon(นายพจน์ อร่ามวัฒนานนท์)ℹ️

The current President of the Thai Chamber of Commerce and the Board of Trade of Thailand, advocating for structural economic reforms and anti-corruption efforts.

Vitai Ratanakorn(นายวิทัย รัตนากร)ℹ️

The Governor of the Bank of Thailand, who has spoken out about Thailand's structural issues and the need for decisive action.

Ek Nitisithanatprapas(คุณเอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance of Thailand, involved in the development of the Data Bureau system.

Organization

Thai Chamber of Commerce and the Board of Trade of Thailand(หอการค้าไทยและสภาหอการค้าแห่งประเทศไทย)ℹ️

A leading business organization in Thailand that champions policies for economic development and competitiveness.

Joint Private and Public Sector Consultative Committee(กกร.)ℹ️

A committee representing both private and public sectors in Thailand, involved in shaping economic policies.

Friends Don't Tolerate(เพื่อนไม่ทน)

A private sector group within Thailand advocating for an 'Zero Corruption' policy.

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

Thailand's central bank, responsible for monetary policy, financial stability, and economic oversight.

Matichon Group(เครือมติชน)ℹ️

A media conglomerate in Thailand that organized the 'Thailand Blooming 2026' seminar.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The government ministry in Thailand responsible for fiscal policy and public finance.

Law

Data Bureau(ดาต้าบูโร)

A system for data linkage and information sharing between government agencies in Thailand to improve the investigation of irregular financial transactions.

Policy

Reinvent Thailand

A framework proposed by the Joint Private and Public Sector Consultative Committee (GCP) aimed at elevating Thailand's development and competitiveness.