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Pakorn Accelerates Overhaul of More Than 100 Laws to Cut Business Costs and Boost National Competitiveness, Results Expected in 1-2 Months

Politic31 Jul 2026 10:57 GMT+7

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Pakorn Accelerates Overhaul of More Than 100 Laws to Cut Business Costs and Boost National Competitiveness, Results Expected in 1-2 Months

Pakorn is accelerating the overhaul of more than 100 laws that obstruct business operations, based on private sector proposals, aiming to reduce business costs and boost the country's competitiveness, focusing on tourism and industry. Results are expected within 1-2 months.


On 31 July 2026 GMT+7, Mr. Pakorn Nilprapan, Deputy Prime Minister for Legal Affairs, revealed progress on legal reforms to enhance the country's efficiency and competitiveness. He said work has begun with three private sector institutions (JCC) through the Joint Government-Private Sector Committee (JPSC) mechanism to review laws that hinder business activities.

Currently, the private sector has proposed amendments to about 100 laws, mostly from the Federation of Thai Industries and the Thai Chamber of Commerce. These laws still need to be clearly grouped to identify which most significantly impact the economy and competitiveness.

The Deputy Prime Minister said this work approach will avoid large master plans because they take too long and may not keep pace with current conditions. Instead, he has asked the private sector to clearly specify which laws are problematic and what wording needs revision. Once clear drafts are prepared, they will immediately seek feedback from relevant stakeholders.

Pakorn stated that after gathering feedback and reaching joint conclusions, the principles will be proposed to the Cabinet for assignment to the responsible agencies to proceed with amendments systematically. The focus will be on feasible changes that quickly benefit entrepreneurs.

The government will prioritize laws aligned with the 7 Leading Thailand strategy, especially those directly affecting competitiveness such as tourism and industrial sectors. The private sector unanimously reflects that if business operating costs remain high, Thailand will struggle to compete with other countries.

Pakorn mentioned that his team has preliminarily consulted with the private sector to identify beneficial and practical proposals. A system has been set up allowing the private sector to submit issues and continuously track progress on each matter.

However, competitiveness challenges do not stem solely from laws but also structural costs, particularly very high energy prices, which are basic costs for all businesses. Without addressing these alongside legal reforms, law amendments alone may be insufficient.

"Originally, we expected this to take about two months, but significant progress has already been made. We anticipate clearer results within 1-2 months. We must accelerate because time is pressing; the government’s term is moving quickly, and the country needs tangible changes," Pakorn said.