Despite the country's dependence on tourism to boost its revenue, Thailand needs to further drive its economy through electric vehicles (EVs) and bio-, circular and green (BCG) economic development amid a rapidly changing world, says the Federation of Thai Industries (FTI).
The world is increasingly disrupted by high-level digital technology and is adopting more clean energy in an effort to combat climate change.
A new government must be aware of these factors and design policies that match the changing technological, environmental and economic conditions, said Kriengkrai Thiennukul, chairman of the FTI.