Time for Thailand's new government to match rhetoric with reform

New growth engines needed to reach ambitious economic targets

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20231010 srettha chinese tourists

A Chinese tourist takes a selfie with Thai Prime Minister Srettha Thavisin, right, at Suvarnabhumi International Airport: "Quick win" stimulus like visa waivers will not bring stronger growth. © AP

Burin Adulwattana is chief economist and managing director at Kasikorn Research Center in Bangkok.

Thailand's famed economic resilience, which once earned it the moniker "Teflon Thailand," now seems a thing of the past. This has put the focus on new Prime Minister Srettha Thavisin, a novice but determined leader who has also taken up the finance minister portfolio.

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