Bangkok: The government is pleased with the positive turnaround in the industrial confidence index, the first in four months. The government views the passage of the 400 billion baht loan decree as positive news reinforcing the direction of investment growth.
According to Thai News Agency, Ms. Ratchada Thanadirek, spokesperson for the Prime Minister's Office, revealed that the latest survey by the Federation of Thai Industries (FTI) showed that the industrial confidence index for June 2026 increased to 88.2 from 84.7 in the previous month. This marks the first positive turnaround in four months, reflecting concrete confidence among the private sector in the government's economic policy direction.
The spokesperson for the Prime Minister stated that the Federation of Thai Industries' (FTI) report indicates that improved industrial confidence stems from two main measures continuously promoted by the government: the "Thai Helps Thai Plus" program, which helps stabilize the cost of living and boosts consumer purchasing power, thereby generating economic activity. The Ministry of Finance recently reported total spending as of July 9th exceeded 645.46 billion baht, supporting sales of consumer goods, food and beverages, and restoring liquidity to SMEs.
Another measure is Thailand Fastpass, which can accelerate investment through the Board of Investment (BOI). Currently, it has facilitated 25 investment projects totaling over 223 billion baht, with the goal of reaching 1 trillion baht in actual investment by the end of this year. Conditions have also been set for the transfer of technology and skills to Thai workers through the Skill Bridge project.
"The turnaround in the confidence index confirms that the government's policies have not just been empty words, but have yielded real results, increasing people's purchasing power and helping private sector investment decisions," Ms. Rachada said.
Ms. Rachada stated that, in addition, the Constitutional Court's unanimous decision on July 9th that the Emergency Decree authorizing the Ministry of Finance to borrow 400 billion baht to address the impact of the energy crisis and facilitate the country's energy transition is not unconstitutional is another piece of good news. This reinforces the direction of future investment, allowing the government to proceed with using this borrowed funds to sustainably reduce energy costs for households and businesses, within the 200 billion baht budget allocation.
The Prime Minister emphasized that spending must strictly adhere to the objectives of the Emergency Decree, through projects that directly benefit the public. These include promoting the installation of rooftop solar panels for the public, supporting electric vehicles and charging stations, developing energy storage systems, and developing workforce skills to support the new energy industry. A committee will meticulously screen projects, with the ultimate goal of reducing reliance on imported fossil fuels, enhancing energy security, and stimulating the domestic clean energy industry supply chain.
"The government will continue to address both short-term economic concerns and lay the foundation for long-term energy goals simultaneously, within a framework of sound and transparent fiscal discipline, to ensure that Thai citizens and businesses can compete sustainably," Ms. Rachada said.