Bangkok, Economist Suggesting ways to weather the economic storm Amending regulations, reducing obstacles, overhauling teaching curriculum to accommodate the modern world. Magnate announces investment plan. Take care of the environment Recommend the government to upgrade personnel in 8 areas to support modern society. Mr. Somkiat Tangkitwanit President of the National Development Research Institute (TDRI) spoke at the seminar. "Breaking the storm of change" by Prachachat Turakij newspaper said to reduce investment obstacles. Therefore, it is recommended to amend the law. ancient rules Over ten thousand redundant and outdated documents, such as immigration laws requiring reporting every 90 days, requesting duplicate licenses from many agencies, such as requesting to set up a restaurant. Must apply for 6-7 licenses, taking a long time to consider. Many countries have repealed many old laws or guillotine laws. To reduce obstacles to doing business admits that when the government has reduced obstacles to doing business in many areas Makes rankings more convenient for conducting business This made Thailand's ranking rise from 26th in 2017 to 21st in 2020 after revising regulations in many areas. Adjusting the study curriculum Teaching changes from memorization to discussion. Creativity Therefore, we must move forward to fix and improve many aspects. While many countries Move forward in leaps and bounds to improve Therefore, Thailand must urgently improve the learning curriculum. modern teaching For the distribution of digital money by this government It is accepted that many governments have continuously distributed money to the people in every era. It is seen that the multiplier that causes turnover to the economy is only 0.4-0.5 percent if the government does not maintain fiscal discipline. It will have a serious impact on the economy. and caused private companies to have their credit ratings downgraded as well. and want to remind you of the lesson Prime Minister intervenes in the National Bank To want to reduce interest Because many countries cause economic problems. Therefore, you must be careful about this matter. As for investing in large projects that are not successful, the reason is that they are too optimistic. Sculpting numbers to make them beautiful To move forward with investment, therefore, you should study the feasibility of the project well. In moving forward with the Land Bridge project in the southern region because of the Ministry of Transport The study gave an economic return of 10 percent, worth more than 260 billion baht, while Chula and other institutions studied it and found that it gave a negative return. Therefore, I would like to clearly study the possibility. Don't fool yourself. Mr. Athit Nanthawithaya, Chief Executive Officer of SCB Why not fix investment barriers? Like many countries Therefore, we want all parties to join in unlocking various obstacles. In order to move forward, we accept that the modern world moves forward very quickly. Especially in technology You have to run fast and don't stop. Leaders of every organization must change. Make decisions quickly. Developing AI systems to work in place of people must communicate to people in the organization to adapt to support development. To work in other areas instead of AI, so it's not all about taking away jobs. Mr. Panot Sirivadhanaphakdi Chief Executive Officer of Frasers Group (Property Limited) said that Frasers and TCC Asset have gone out to expand investment abroad in 22 countries on 4 continents. In Thailand, they have set goals. Invest to support government policy in infrastructure development As an example, The 1 Bangkok project helps raise the level of the inner city's economy. to support the development of the subway in various routes Therefore proceeded to develop 7 large projects along Rama 4 Road, including office buildings. Department stores, residences, Queen Sirikit Convention Center project development Focus on taking care of the environment to make it a green space. Hoping to increase green space, Frasers and TCC Ass et continue to develop real estate projects. In preserving the identity and culture consistent with the original community. Mr. Supachai Chearavanont, Chairman of the Executive Board of Charoen Pokphand Group Company Limited, said that 4 new factors for everyone today are: 1. Knowledge and ethics. Modern people must have 2. Finance, everyone must have access to cover all groups. 3. All forms of communication 4. Social security system It has become a necessity for health care. When Thailand has to adapt to the 5.0 era, it must learn to adapt to new era technology. Supports AI society Must produce 4-5 million quality workers, but Thailand still does not produce enough. Therefore, the IT study curriculum should be adjusted to basic subjects. Because everyone cannot escape IT comes into every form of everyday life. It is a new basis for every industry, every career field. Electric trains are considered a global trend. Therefore, Thailand must make a decision quickly. build confidence Attract to invest to give i ndia Decided to set up a production base for electronic components. which is weighing between Thailand and Malaysia When the Prime Minister Go out on road shows to attract investment. Therefore began to be considered Thailand is ready to welcome investment. Therefore, we must urgently use this opportunity to attract investment to Thailand. Must place Thai level as a reference and is the holder who chooses to invest in the region Mr. Supachai also suggested 8 ways to raise the level of Thai personnel. 1. Science is a compulsory subject in the teaching curriculum. 2. Every child should have a clean computer to use in school. The government is giving out 600,000 computers. 3. Every school must be a learning center by 2025. 4. Government agencies Create motivation through content Soft power during prime time to drive society 5. Creating quality labor 3 million people will have advanced digital skills within the next 5 years. 6. Creating 20,000 startup entrepreneurs by 2027 by creating incentives for the pri vate sector to participate in entrepreneurial development. 7. Develop mathematics and science subjects to be about reason and application instead of focusing on calculations. 8.University push Focus on teaching science and technology. 9. Promoting morality Ethics for modern society. Source: Thai News Agency