Thailand’s financial sector ready for AEC integration

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BANGKOK, 28 April 2015 – The Finance Ministry has hosted a seminar to prepare the country’s financial sector for the launch of ASEAN Economic Community.

Deputy Finance Minister Wisudhi Srisuphan said that the ministry has prepared four strategies to prepare for the regional integration, which has been set to take off later this year.

The four strategies include the turning of Thailand into a joint production base, the promotion of competitiveness, the equal economic development, and the integration of the local economy with the global economy.

According to Mr. Wisudhi, all the strategies will help Thailand ready for the integration, saying that the ministry has been preparing the country in many aspects during these past years.

He stated that Thailand is now around 87% ready — a comparatively higher percentage than the 77% average of other regional countries.