IMD ranking boost sparks reform drive (opens original article in a new tab)

Thailand's government aims to address structural weaknesses and improve economic competitiveness following a rise in the IMD World Competitiveness Ranking, focusing on energy transition and regulatory reforms.

• Thailand's government plans to address structural weaknesses after rising to 26th in IMD World Competitiveness Ranking
• Energy intensity is identified as the main infrastructure challenge with high reliance on imported oil and gas
• IMD highlights improvements in international investment and business efficiency but notes weaknesses in trade and education rankings
• Government establishes committee to drive economic reforms focusing on infrastructure, trade, and regulatory changes