OECD quest spurs reform (opens original article in a new tab)

Thailand is implementing extensive legal and regulatory reforms to qualify for OECD membership by 2028, focusing on digitizing processes and reducing bureaucratic hurdles.

• Thailand is pursuing OECD membership by 2028 through legal and regulatory reforms to improve competitiveness and quality of life.
• The government is reviewing 7,600 ministerial regulations, digitizing processes, and integrating databases to reduce paperwork and increase transparency.
• OECD membership aims to boost investor confidence, trade, and governance standards, with support from multiple political factions.