🏛️ Government Formation Update

Prime Minister Anutin Charnvirakul announced that the cabinet member list has been submitted for royal endorsement. Once approved, the government will immediately present its policy statement to parliament and begin administration without delay.

The incoming government has made economic revitalization its top priority, aiming to strengthen Thailand’s economy as quickly as possible within the given four-month timeframe.

👥 Key Economic Ministers

Prime Minister Anutin emphasized that these economic cabinet members are closely familiar with the business community and their specific needs.

💼 Chamber of Commerce Proposals

💱 Currency & Trade Focus

The Chamber of Commerce wants the Bank of Thailand to manage the baht’s value at around 34-35 per dollar to ensure export competitiveness. The currency is currently trading at a four-year high around 31.80.

Key trade initiatives include expediting negotiations to address US tariffs, tackling non-tariff barriers, and expanding markets in China, Africa, and the Middle East.

🏭 SME Support & Tourism

The private sector urged the government to:

• Carry out consumption stimulus programs like Khon La Khrueng co-payment scheme
• Allocate 10 billion baht for SMEs to mitigate non-performing loan losses
• Set up one-stop tourist service centers
• Enhance safety measures for Chinese visitors
• Reduce import duties on lifestyle products in major tourist destinations

⏰ Timeline

The new Anutin cabinet awaits royal endorsement in the coming days. The government expects to deliver its policy statement before month-end, triggering a four-month countdown to House dissolution and elections under the agreement with the People’s Party.