The government's "Thailand Inc" initiative will support the country's long-term economic transformation and improve investor sentiment, although meaningful structural gains and stronger foreign fund inflows may take 2-3 years to materialise, says InnovestX Securities (INVX).
Piyasak Manason, head of economic research at INVX, said the framework marks a new policy approach in which the government is engaging directly with 17 business sectors under the concept of "businesses speak, government listens" to shape national economic strategies.
