Bangkok: Confident that "Thai Helps Thai Plus" will drive continued growth in Thai industry in the second half of the year. The Minister of Industry is confident that "Thai Help Thai Plus" will drive continued growth in Thai industry in the second half of the year. While the situation in the Middle East remains a risk to the global economy, the Minister remains confident in Thai industry.
According to Thai News Agency, Mr. Varawut Silpa-archa, Minister of Industry, is optimistic that the "Thai Help Thai Plus" project will propel the growth of Thai industry in the latter half of the year. He highlighted that although the ongoing situation in the Middle East poses risks to the global economy, particularly in terms of energy prices and transportation costs, he remains assured of the Thai industry's resilience.
Meanwhile, Danucha Pichayanant, Secretary-General of the National Economic and Social Development Council, indicated that they would delay assessing the economic landscape following the US-Iran peace agreement. He noted it is premature to determine if this development will positively impact Thailand's GDP, given the range of influencing factors.
Today, Prime Minister and Minister of Interior Anutin Charnvirakul is set to preside over a Cabinet meeting. Key agenda items include the Ministry of Finance's proposal of draft legislation aimed at promoting the electronic tax system and participation in international agreements on tax information exchange to curb international tax base erosion. Additionally, a draft law extending tax measures to support education and sports will be discussed.
The Ministry of Foreign Affairs has proposed plans for the sixth round of dialogues with Russia scheduled between 2026 and 2030. This includes seeking approval for the outcome document of the special ASEAN-Russia Summit and nominating experts to participate in establishing a conciliation commission under the United Nations Convention on the Law of the Sea (UNCLOS).
The Ministry of Energy is set to propose a draft production sharing agreement and related agreements in the Thai-Malaysian Joint Development Area.