The economic outlook for Thailand amid rising global inflation was central to an Asia House briefing with Sethaput Suthiwartnarueput, Governor of the Bank of Thailand.
Speaking with Asia House Corporate Members, Governor Sethaput gave an overview of Thailand’s economic recovery from the COVID-19 pandemic and outlined the nature of inflation in the country, which reached 7.86 per cent in August.
Asia House Corporate Members put a range of questions to the central bank Governor during the in-person briefing, held at the think tank’s London HQ.
Questions included the importance of tourism to the Thai economy and its implications for the labour market and wage growth; Thailand’s approach to green taxonomies and broader green finance trends; and the Bank of Thailand’s expectations around inflation and the stability of the Baht.
The Governor was also asked about deregulation in the beverage industry; the prospect of greater ASEAN cooperation; and his view on central bank digital currencies.
Chaired by Asia House Chief Executive Michael Lawrence, the briefing provided Corporate Members with unique insights on Southeast Asia’s second largest economy from a key figure shaping monetary policy in the region.
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