Image courtesy of Bangkok Post
Thailand is exploring a partnership with Hong Kong to establish a financial hub aimed at connecting ASEAN markets.
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Thailand is exploring a partnership with Hong Kong to establish a financial hub aimed at connecting ASEAN markets.
Deputy Finance Minister Paopoom Rojanasakul announced the initiative after a meeting with Hong Kong’s Financial Secretary, Paul Chan, during the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting in Lima, Peru.
The meeting highlighted Thailand’s ambition to become a global financial player, as Paopoom invited Hong Kong’s business community to contribute to the development of Thailand’s financial hub, a strategic priority for the current government. Paopoom sees the partnership as providing mutual benefits among the two nations.
“Thailand stands out as a gateway to ASEAN markets, particularly rapidly growing economies such as Cambodia, Laos, Myanmar, and Vietnam (CLMV). The financial cooperation between…