Economy
FETCO Urges Government to Prioritize National Savings Alongside Investment
The Federation of Thai Capital Market Organizations (FETCO) has called on the government to balance investment promotion with policies that encourage long-term national savings.
On August 27, 2026, Paiboon Nalinthrangkurn, Chairman of the Federation of Thai Capital Market Organizations (FETCO), issued a public statement via social media urging the Thai government to broaden its economic focus. While acknowledging the government's push to accelerate national investment, Paiboon emphasized that fostering domestic savings is equally critical for long-term economic stability.
Key proposals from FETCO include transitioning the Provident Fund into a mandatory system and expediting the implementation of the Thailand Individual Savings Account (TISA) framework. Furthermore, Paiboon highlighted the necessity of developing a comprehensive strategy to attract long-term foreign capital into the country.
For residents and expatriates, these policy discussions are significant as they signal potential shifts in the financial landscape, including future changes to retirement savings structures and investment regulations. Such measures, if enacted, could influence the broader economic environment and the availability of financial products for those living in Thailand.
It remains to be confirmed how the government will respond to these specific recommendations or if any legislative timeline will be established for the proposed TISA measures or mandatory provident fund requirements. As of now, these suggestions remain at the advocacy stage, and no official policy changes have been announced by the administration.