Thailand Plans to Scrap 7,000 Business Rules to Attract Foreign Investment

6 articles · Updated · Bloomberg · May 18

Thailand’s government is preparing a sweeping rollback of more than 7,000 business rules in a bid to speed investment approvals and make the country easier for foreign companies to enter.
Prime Minister Anutin Charnvirakul’s administration is targeting ministerial rules and other secondary regulations that have built up over time and become a significant burden on businesses.
The overhaul is meant to sharpen Thailand’s appeal as multinationals reconfigure supply chains and governments across Asia compete more aggressively for global capital.

Is Thailand's regulatory 'clean-up' a true open door for investors, or a veiled form of protectionism?

As Thailand slashes 7,000 regulations, can its workforce bridge the skills gap to meet investor demand?