Thailand plans new financial business law to attract funds, official says

This aerial photo taken on May 17, 2024 shows a general view of the Bhumibol bridge (left) over the Chao Phraya river and an under-construction high-rise building (right) in the backdrop of Bangkok's skyline. - Photo: AFP

BANGKOK: Thailand is planning to introduce a new financial business law to attract foreign funds and facilitate investment in the sector, a deputy finance minister said on Friday (July 19).

The law will create a 'one-stop authority' agency responsible for setting regulations and issuing licences for key financial areas to support Thailand's aim to become a global financial center, Paopoom Rojanasakul told a business event.