Thailand’s economic prospects amid rising inflation and a strong US dollar were discussed during an Asia House briefing with Arkhom Termpittayapaisith, Thailand’s Finance Minister, in Washington DC this week.
The Minister updated Asia House Corporate Members on Thailand’s tourism sector and domestic consumption, and outlined the fiscal policy measures the country was taking to counter rising food and energy prices. Thailand’s energy transition was also discussed in the off-the-record briefing, convened in the sidelines of the IMF and G20 Finance Ministers Meetings in Washington.
Asia House Corporate Members attended the briefing to engage with Minister Termpittayapaisith, who fielded a range of questions from around the table.
Topics raised included inflation in Thailand; the challenges and opportunities emerging around supply chain diversification; and Thailand’s commitments to climate change and sustainability. The Minister was also asked about investments in infrastructure, efforts to boost the digital economy, and the broader state of ASEAN’s financial sector.
Chaired by Asia House Chief Executive Michael Lawrence, the briefing gave Corporate Members a unique opportunity to engage with a key figure at the heart of Southeast Asia’s second largest economy.
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