Roundtable Meeting with H.E. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance

Deputy Prime Minister and Minister of Finance and AMCHAM Discuss Government Key Priorities and “Five to Thrive” and Initiatives to Drive Economic Growth

Bangkok, Thailand, February 11 – AMCHAM Vice President Ornkanya (Mook) Pibuldham of Bank of America, and AMCHAM Board Governors Kwanjit Sudsawad of Seagate, and Narumon Chivangkur of Citibank led a delegation of AMCHAM members to meet with Deputy Prime Minister and Minister of Finance, H.E. Pichai Chunhavajira, together with advisors and executives from various departments, including the Fiscal Policy Office, Customs Department, Revenue Department, and Excise Department.  

During the meeting, AMCHAM presented its “Five to Thrive 2025” initiative, which is developed to attract and promote investment as well as cultivate economic growth in Thailand. The discussion focused on key areas such as encouraging trade facilitation, digital regulation to foster innovation and investment, as well as incentives for preparing the skilled workforce to cope with Thailand’s economic growth.  

DPM Pichai emphasized the importance of the government’s flagship project developments, including high-speed rail links, preparing Thailand as a regional trading hub connecting goods from land through rails and seaports. 

Ease of doing business was the main topic of discussion. Both parties exchanged information regarding Thailand’s accession plan to the OECD, covering general tax reform and Global Minimum Tax Pillar II. As a network of almost 700 companies, many of them having a global footprint, AMCHAM offered members’ resources in sharing business input and international practices to be considered for government policy. 

AMCHAM reasserted its dedication to bolstering Thailand’s economic expansion, promoting investment opportunities, and partnering with the Ministry to advance sustainable development goals.  This collaborative effort contributes to an attractive environment for international investors, with the ultimate goal of increasing foreign direct investment inflows. 

About AMCHAM Thailand

The American Chamber of Commerce in Thailand (AMCHAM) is an independent, non-partisan, non-profit organization. With over 3,500 executives representing 700 American, Thai, and other international companies, AMCHAM is the leading international business association in Thailand. Member companies have cumulatively invested over 84 billion U.S. dollars in Thailand and provide more than 500,000 local jobs.

If you would like to learn more about AMCHAM, please visit: www.amthamthailand.com or contact Varsha Wadhwani, AMCHAM Communications Manager at e-mail varsha@amchamthailand.com.