In a live-streamed speech, Ms Paetongtarn announced an ambitious agenda for 2025, including major infrastructure projects and social welfare programmes.
According to a VNA correspondent in Bangkok, on December 12, Thai Prime Minister Paetongtarn Shinawatra delivered a speech after 90 days in power titled "Empowering the Thai People by 2025: A Real Possibilities," focusing on initiatives and policies to be implemented in the coming year.
In a speech broadcast live on Thai national television channel NBT, Ms. Paetongtarn announced an ambitious agenda for 2025, including major infrastructure projects and social welfare programs.
The Thai Prime Minister’s announcement of an ambitious policy for 2025 could have many important implications, both economically, socially and politically . The policy could be aimed at creating momentum for the Thai economy , encouraging domestic and international investment, thereby promoting growth and job creation. Some policies could focus on education, health, and social welfare reforms, aiming to improve the quality of life for the people, reduce inequality and promote sustainable development.
Economically, the Thai government plans to support small and medium enterprises (SMEs) in rice exports, promote the fields of artificial intelligence (AI) and electric vehicles (EV), and develop the semiconductor industry.
In addition, the government plans to launch a major workforce development program to train 280,000 students to help improve Thailand's competitiveness in industries.
In addition, the Thai Government has also proposed a remarkable social welfare program, including the "One Village, One Scholarship" initiative to create opportunities for outstanding students to study at top universities at home and abroad.
The housing project, called “Housing for Thais” (Baan Pheu Khon Thai), promises to offer affordable apartments measuring 30 square metres, with 99-year lease options and monthly payments of 4,000 baht ($117)...
Mr. Pichai emphasized that Thailand's standard corporate income tax rate is 20%, but the Thai government will apply tax exemptions or reductions for some investment projects to attract large foreign companies. Illustration photo, internet.“These companies have to pay taxes in their home countries anyway, even if they are tax-free or enjoy a 5% tax rate here… We will return some of the taxes we collect to them,” Pichai stressed.
In addition, according to Mr. Pichai, the Thai government will also help support part of the tax burden for foreign companies if they meet requirements such as moving research activities to Thailand, improving business operations to be more environmentally friendly or supporting training to improve skills for local workers.
The announcement of the ambitious policy in 2025 is an important step for Thailand to shape its development future, while affirming the country's role and position in the region and the world./.
Bui Tue
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