Veerathai Santiprabhob: The Thai economy - the current state and the way forward

Dinner talk by Dr Veerathai Santiprabhob, Governor of the Bank of Thailand, at the Japanese Chamber of Commerce (JCC) Thailand, Bangkok, 27 March 2019.

The views expressed in this speech are those of the speaker and not the view of the BIS.

JCC Board of Directors,

JCC members,

Distinguished guests,

Ladies and gentlemen,

Good evening to you all,

Thank you very much for inviting me once again to give a talk at the Japanese Chamber of Commerce Thailand. This event is a great opportunity for us all to exchange our views and ideas on the Thai economy and its prospects as we move forward into the year 2019. Your opinions and feedback are undoubtedly valuable to policymakers, like myself, and I look forward to a very engaging session tonight.

Japan and Thailand have been in long-standing diplomatic relations for more than 132 years-and even much longer from a trade perspective, dating back to as early as 1600s. Time has shown that while the Thai economy has encountered many challenging transitions, business partnerships between Japan and Thailand have continued to remain strong, fostering economic opportunities for both our nations throughout the present day.