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Jeremy Au에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Jeremy Au 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Thailand: Pheu Thai Pro-Business Reform, Cannabis, LGBTQ & Gaming Legislation, and Fintech Market Study Optimism - E404

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Manage episode 411179186 series 3243141
Jeremy Au에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Jeremy Au 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Wing Vasiksiri, General Partner of WV, and Jeremy Au discussed three main points:

1. Pheu Thai Pro-Business Reform: Wing and Jeremy discussed the new Thai Prime Minister Srettha Thavisin's ambitious plans to stimulate the economy through pro-business reforms. The administration has decided to focus on helping and investing in the tourism sector to recover, from a pre-pandemic 19.3% of GDP to a potential 30% of GDP in 2030. They debated whether this is a strategic or differentiated sector to invest in, vs. Vietnam's focus on China + 1 manufacturing and Singapore's focus on finance and trade. They also discussed the electoral promise to stimulate the economy by distributing 10,000 Thai baht to every citizen, and the political pressure on the Bank of Thailand to lower interest rates. They discussed Thailand's GDP forecast, and whether the country would be able to escape the middle-income trap.

2. Cannabis, LGBTQ & Gaming Legislation: Wing and Jeremy discussed the legislative push to roll back the legalization of weed and the prior administration's distribution of 1 million cannabis plants to households. Wing expressed skepticism about the complete rollback of cannabis decriminalization, given its popularity, integration into the economic retail landscape, and its attraction as a tourism booster. They also discussed how 96.6% of public support for same-sex marriage is driving LGBTQ legal reforms and the parallels with Taiwan. They also touched on the push towards legalizing gaming casinos to attract foreign investment with a 17% tax on gross gaming revenue (one of the lowest tax regimes in the region) and further boost tourism receipts.

3. Fintech Market Study Optimism: Wing shared about WV's recent market study on Thailand's financial tech sector (which is ranked 4th globally in transaction value of real-time payments), thus indicating a robust digital payments infrastructure and entrepreneurial optimism. They also discussed the broader fintech landscape, including the country’s debate on whether the consumer handout stimulus should incorporate blockchain technology (vs. existing mobile wallets), as well as the potential issuance of virtual banking licenses (despite challenges such as high minimum capital requirements).

Jeremy and Wing also talked about the underreported issue of Bangkok’s poor air quality, the importance of the national soft power strategy, and how the various reforms are synergistic with each other.

Watch, listen or read the full insight at https://www.bravesea.com/blog/thailand-pheu-thai-reform

Nonton, dengar atau baca wawasan lengkapnya di https://www.bravesea.com/blog/thailand-pheu-thai-reform-in

观看、收听或阅读全文,请访问 https://www.bravesea.com/blog/thailand-pheu-thai-reform-cn

Get transcripts, startup resources & community discussions at www.bravesea.com

WhatsApp: https://chat.whatsapp.com/CeL3ywi7yOWFd8HTo6yzde

TikTok: https://www.tiktok.com/@jeremyau

Instagram: https://www.instagram.com/jeremyauz

Twitter: https://twitter.com/jeremyau

LinkedIn: https://www.linkedin.com/company/bravesea

TikTok: https://www.tiktok.com/@jeremyau

Instagram: https://www.instagram.com/jeremyauz

Twitter: https://twitter.com/jeremyau

LinkedIn: https://www.linkedin.com/company/bravesea

English: Spotify | YouTube | Apple Podcasts

Bahasa Indonesia: Spotify | YouTube | Apple Podcasts

Chinese: Spotify | YouTube | Apple Podcasts

Learn more about Grain here: https://www.grain.com.sg

  continue reading

425 에피소드

Artwork
icon공유
 
Manage episode 411179186 series 3243141
Jeremy Au에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Jeremy Au 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Wing Vasiksiri, General Partner of WV, and Jeremy Au discussed three main points:

1. Pheu Thai Pro-Business Reform: Wing and Jeremy discussed the new Thai Prime Minister Srettha Thavisin's ambitious plans to stimulate the economy through pro-business reforms. The administration has decided to focus on helping and investing in the tourism sector to recover, from a pre-pandemic 19.3% of GDP to a potential 30% of GDP in 2030. They debated whether this is a strategic or differentiated sector to invest in, vs. Vietnam's focus on China + 1 manufacturing and Singapore's focus on finance and trade. They also discussed the electoral promise to stimulate the economy by distributing 10,000 Thai baht to every citizen, and the political pressure on the Bank of Thailand to lower interest rates. They discussed Thailand's GDP forecast, and whether the country would be able to escape the middle-income trap.

2. Cannabis, LGBTQ & Gaming Legislation: Wing and Jeremy discussed the legislative push to roll back the legalization of weed and the prior administration's distribution of 1 million cannabis plants to households. Wing expressed skepticism about the complete rollback of cannabis decriminalization, given its popularity, integration into the economic retail landscape, and its attraction as a tourism booster. They also discussed how 96.6% of public support for same-sex marriage is driving LGBTQ legal reforms and the parallels with Taiwan. They also touched on the push towards legalizing gaming casinos to attract foreign investment with a 17% tax on gross gaming revenue (one of the lowest tax regimes in the region) and further boost tourism receipts.

3. Fintech Market Study Optimism: Wing shared about WV's recent market study on Thailand's financial tech sector (which is ranked 4th globally in transaction value of real-time payments), thus indicating a robust digital payments infrastructure and entrepreneurial optimism. They also discussed the broader fintech landscape, including the country’s debate on whether the consumer handout stimulus should incorporate blockchain technology (vs. existing mobile wallets), as well as the potential issuance of virtual banking licenses (despite challenges such as high minimum capital requirements).

Jeremy and Wing also talked about the underreported issue of Bangkok’s poor air quality, the importance of the national soft power strategy, and how the various reforms are synergistic with each other.

Watch, listen or read the full insight at https://www.bravesea.com/blog/thailand-pheu-thai-reform

Nonton, dengar atau baca wawasan lengkapnya di https://www.bravesea.com/blog/thailand-pheu-thai-reform-in

观看、收听或阅读全文,请访问 https://www.bravesea.com/blog/thailand-pheu-thai-reform-cn

Get transcripts, startup resources & community discussions at www.bravesea.com

WhatsApp: https://chat.whatsapp.com/CeL3ywi7yOWFd8HTo6yzde

TikTok: https://www.tiktok.com/@jeremyau

Instagram: https://www.instagram.com/jeremyauz

Twitter: https://twitter.com/jeremyau

LinkedIn: https://www.linkedin.com/company/bravesea

TikTok: https://www.tiktok.com/@jeremyau

Instagram: https://www.instagram.com/jeremyauz

Twitter: https://twitter.com/jeremyau

LinkedIn: https://www.linkedin.com/company/bravesea

English: Spotify | YouTube | Apple Podcasts

Bahasa Indonesia: Spotify | YouTube | Apple Podcasts

Chinese: Spotify | YouTube | Apple Podcasts

Learn more about Grain here: https://www.grain.com.sg

  continue reading

425 에피소드

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