Government Rushes to Revise Over 100 Laws to Ease Business Barriers
Deputy PM Pakorn Nilprasert is accelerating the revision of over 100 laws based on private sector proposals to cut costs and boost competitiveness, expecting clear results within 1-2 months.
Stock photo for illustration only, not from the actual event
- Pakorn Nilprasert drives the overhaul of over 100 laws alongside the Joint Standing Committee on Commerce, Industry and Banking.
- Focuses on targeted legal reforms proposed by the Federation of Thai Industries and Thai Chamber of Commerce.
- Prioritizes key industries under the 7 Leading Thailand strategy, focusing on tourism and manufacturing.
- Expects tangible progress and clearer outcomes within the next 1 to 2 months.
On July 31, 2026, Deputy Prime Minister for Legal Affairs Pakorn Nilprasert revealed progress on regulatory reforms aimed at enhancing national efficiency and economic competitiveness. He stated that the government has initiated collaborative efforts with the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) through public-private mechanisms to review laws that hinder business operations.
The private sector recently submitted proposals to amend more than 100 laws, with the majority of suggestions originating from the Federation of Thai Industries and the Thai Chamber of Commerce. These proposals are currently being categorized to identify which regulations exert the most severe impact on the economy and national competitiveness.
Stock photo for illustration only, not from the actual event
Pakorn explained that this reform approach will bypass drafting a massive master plan, as such processes are too time-consuming and inadequate for fast-changing circumstances. Instead, the private sector has been asked to specifically pinpoint problematic legal clauses and suggest exact wording changes. Once precise drafts are ready, public hearings involving stakeholders will immediately follow.
"Initially, we expected it to take about 2 months. Significant progress has been made, and we expect a clearer picture in another 1-2 months. We must act quickly because time waits for no one, the government's agenda moves fast, and the country needs tangible changes."
Pakorn Nilprasert
Following public hearings and a finalized consensus, the principles will be presented to the Cabinet to assign respective agencies with executing the amendments. The focus will remain on practical measures that deliver rapid benefits to business operators. Furthermore, the government will prioritize laws according to the 7 Leading Thailand strategy, targeting industries with a direct impact on competitiveness such as tourism and manufacturing, as the private sector agrees that high operating costs put Thailand at a competitive disadvantage globally.
The government's decision to pursue targeted legal amendments based on direct private sector feedback, rather than drafting a lengthy master plan, reflects an agile approach to addressing urgent economic roadblocks. Nevertheless, regulatory reform is only part of the equation; long-term competitiveness will heavily rely on tackling structural burdens such as high energy prices, which form the baseline operational cost for all businesses.
Source: Khaosod Politics
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