Vitai Ratanakorn on Thai Economic Reform and SMEs

MGR Online•Economy•19d ago

Reader Briefing

Bank of Thailand Governor Vitai Ratanakorn emphasizes economic structural reform and SME support at The INTANIA Forum 2026.

•Vitai Ratanakorn spoke at The INTANIA Forum 2026 regarding the need for Thai economic resilience.
•There is a significant gap in loan interest rates between large enterprises (3.9%) and SMEs (7.8%).
•The Bank of Thailand has implemented a rule requiring clarification for cash withdrawals exceeding 5 million baht.
•Thailand's economy this year is estimated to grow by 1.5-1.7%, potentially reaching 2.3% with government measures.

•Vitai Ratanakorn delivered a speech at The INTANIA Forum 2026 regarding the need for Thailand to be resilient in a Multi World era.
•Vitai Ratanakorn stated that Thailand must reform its long-term economic structure to keep pace with a changing world where superpowers use taxes and trade as weapons.
•Vitai Ratanakorn noted that large entrepreneurs use low-interest loans at 3.9%, while SMEs face high interest rates of 7.8%.
•Vitai Ratanakorn urged the government to create measures and channels for efficient SMEs to access low-interest funding.
•Vitai Ratanakorn highlighted that 140,000 million baht in old 1,000-baht banknotes have disappeared from the system.
•The Bank of Thailand issued a regulation requiring explanations for cash withdrawals exceeding 5 million baht.
•USDT cryptocurrency transactions reached over 250 billion baht within 5 months, accounting for 40% of transactions, leading to the closure of 2,500 mule accounts.
•Thailand's economy is estimated to grow by 1.5-1.7% this year, but could reach 2.3% if government measures are effective.

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Vitai Ratanakorn

"The government must pay attention to funds flowing in the wrong directions and pull money from illegal businesses to enable tax collection."

รัฐต้องใส่ใจกับเม็ดเงินที่ไหลออกไปผิดที่ผิดทาง ดึงเงินจากธุรกิจเถื่อนออกมาเพื่อให้จะเก็บภาษีได้

Vitai Ratanakorn(วิทัย รัตนากร)ℹ️

Governor of the Bank of Thailand who delivered a speech at The INTANIA Forum 2026.

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

The central bank of Thailand, also referred to as Bank Chat, which implemented rules on large cash withdrawals.