The Office of the Fiscal Policy Office (FPO) reports that the April 2025 Regional Economic Outlook Index signals decelerating economic expansion across all regions, driven by pressure from rising energy prices and production costs. Fiscal Policy Office Director Winit Wisetsuwannaphumi, speaking as the Finance Ministry spokesperson, disclosed that while some regions including the Eastern and Northern zones continue to expand, supported by tourism recovery and industrial sectors benefiting from Middle East conflict mitigation measures, agricultural demand remains steady.

The Eastern Region's confidence index stands at 66.0, reflecting solid economic expansion supported by service sectors and new tourism development policies, plus agriculture buoyed by sustained agricultural product demand. The Eastern Economic Corridor (EEC) maintains positive signals at 66.5, with service and agricultural expansion as primary drivers.

The Northern Region's index reaches 65.8, reflecting economic expansion particularly in industry and services, supported by government mitigation measures for Middle East tensions, the tourism season, and favorable weather conditions. The Southern Region index sits at 60.6, indicating expected economic expansion driven by service and industrial sectors, continuing recovery support for flood-affected Hat Yai areas, rising orders from trading partners, and expanding palm oil and rubber processing industries.

The Northeastern Region's index stands at 59.5, supported by agriculture entering rice harvest season—a primary economic crop—and services from provincial tourism promotions in provinces like Chaiyaphum, Yasothon, and Buriram. The Central Region index reaches 56.2, supported by industry and investment sectors under government investment stimulus measures. Bangkok and its metropolitan area register 52.9, with employment sectors as primary support. The Western Region's index is lowest at 48.6, reflecting slowed confidence in agriculture and industry, pressured by rising cultivation costs from chemical fertilizer prices and energy price uncertainty.

Director Winit noted that despite many regions maintaining indices above the 50.0 threshold indicating expansion potential, all regions show month-on-month declines. This reflects pressure from rising production costs and Middle East uncertainties, impacting both Thai and global economies with potential continued effects on manufacturing and agricultural sectors ahead.

At 10:00 AM on April 29, 2025 at Parliament, Nat Phongpannavutti, Pheu Thai party leader and list MP, along with deputy party leaders Sirikhanya Tanskul, Wiraryut Kanchanchuchatt, and Dechardt Sukgamaenid announced the shadow cabinet's operational framework. Nat stated that this internal meeting was designed to organize the Pheu Thai team's workflow, noting that the "shadow cabinet" concept is borrowed from international democratic parliamentary systems, such as Britain's centuries-old tradition, rather than an invention of Pheu Thai or any single Thai political party.

Nat explained that since the February 2025 election, beyond economic, political, and rule-of-law decline, Thailand has experienced a collapse of public hope. Pheu Thai aims to serve as a crucial mechanism to restore this hope among Thai citizens. He emphasized that weekly cabinet meetings are critical, as every resolution impacts citizens and business operators, with winners and losers in each policy decision. The shadow cabinet will closely monitor all resolutions, track them, and expose whether government decisions benefit particular groups.

The shadow cabinet will also propose better alternatives and offer urgent recommendations during specific crises for immediate government implementation. Work has been divided into four main pillars with assigned leaders:

- Wiraryut Kanchanchuchatt, deputy party leader, overseeing economics - Sirikhanya Tanskul, deputy party leader, overseeing state reform - Dechardt Sukgamaenid, deputy party leader, overseeing new quality of life - Picharn Chaovapatvanit, party secretary-general, overseeing new security

Additionally, a team of MPs will serve as Pheu Thai's shadow cabinet to drive implementation and meet with all relevant stakeholders.

Nat stated that today's meeting discussed four urgent matters to be closely monitored over the next month: 1) People assistance measures like Thai Help Thai Plus, 2) The Land Bridge project requiring review of implementation approach, 3) Electricity costs and Pheu Thai's better proposal for energy structure adjustment, and 4) Air quality, requiring the government to resubmit two important bills by May 12: the Clean Air Act and PRTR Act.

When asked if cabinet candidates from The Professionals would join meetings, Nat confirmed they would participate, emphasizing that their goals aren't tied to individuals. All sectors—The Professionals team, MPs, private sector, civil society—are welcome to collaborate with the focus on national interests.

Regarding how the shadow cabinet differs from parliamentary government oversight, Nat explained that restoring public hope is essential. While parliament uses formal mechanisms through committee meetings sometimes bound by procedure, the shadow cabinet provides greater flexibility and timely responsiveness to situations.

At 10 a.m. on April 29, 2025, at Parliament, Weerayut Kanjanapuchatra, a Pheu Thai party list MP and deputy party leader, presented the results of a shadow cabinet meeting regarding the urgent electricity price issue. He stated that the government must not address the high electricity problem with temporary, patchwork solutions that simply pass the burden back to the public. Instead, he proposed that the government should boldly pursue negotiations to reduce costs including capacity charges, while dismantling restrictions on purchasing electricity from the private renewable energy sector.

Weerayut criticized the current approach as merely addressing symptoms rather than solving the real problem, noting that policy direction remains unclear. He pointed out that Energy Minister Eknath Promphan speaks about the issue frequently, yet cabinet measures lack clarity, particularly regarding electricity consumption exceeding 400 units. Further discussions are expected at the National Energy Policy Committee meeting.

Weerayut emphasized that the government should not view people consuming over 400 units as wasteful, as many households with large occupancy require such consumption out of necessity. During an energy crisis of this magnitude, no one is truly wasteful, he argued.

Another significant group affected includes small and medium enterprises (SMEs) operating from homes, he noted. Many Thai SMEs use the ground floor for business and the upper floor for residential purposes, resulting in electricity usage exceeding thresholds. This increases operational costs and compounds the burden on SMEs already facing declining purchasing power and rising expenses.

Weerayut called on the government to approach the problem correctly by not forcing citizens to manage the burden themselves. Instead, the government must have the courage to actively reduce electricity rates and negotiate the crucial capacity charges that drive costs. He stated that only through such bold action can it be clear that the government truly prioritizes the public interest.

Regarding solar panel installation, Weerayut noted that while many affluent households and businesses have already installed systems, new installations can cost hundreds of thousands of baht. He argued that low-interest credit alone is insufficient incentive. While transitioning to clean energy is worthwhile, actual installation costs must be seriously considered.

The National Energy Policy Committee has passed two key resolutions to reduce electricity rates. On April 29, 2025, Energy Minister Eknath Proamphant and Industry Minister Weerawut Silpaacha announced the committee's decisions at Government House.

The first resolution promotes solar rooftop installation by streamlining installation procedures and reducing approval steps. Excess electricity generated will be purchased back at 2.20 baht per unit, with buyback sales beginning after June 2025. The second resolution approves new electricity rates for residential households. For the first 200 units, consumers will pay no more than 3 baht per unit. Households consuming between 200 and 500 units will use a progressive rate structure calculated as an average, resulting in lower overall bills. Those consuming no more than 500 units monthly, or paying no more than 2,200 baht per month, will benefit from the rate reduction.

More than 90 percent of Thailand's 21 million households will benefit from this policy. The Energy Ministry is coordinating with the Finance Ministry to provide loan financing for solar installations at rates lower than electricity costs. The government is also tasking the Provincial Electricity Authority and Metropolitan Electricity Authority with offering affordable solar installation services for those without upfront capital.

For installations intended for personal use only, completion is required within 7 days. For installations with electricity sell-back agreements, completion must occur within 30 days. The committee immediately approved increasing the electricity purchase capacity by 500 megawatts, with further expansion if that capacity is reached. Minister Proamphant confirmed this electricity rate will remain in effect through the end of the current government's term.

The Department of Intellectual Property is hosting a training program titled 'GI Next Generation: Opening GI Markets and Creating Opportunities in China and Japan' to equip a new generation of GI entrepreneurs to penetrate the Chinese and Japanese markets.

Deputy Director-General Wiroj Jongklawanichsuk of the Department of Intellectual Property stated that he has been assigned by Director-General Ormun Sraptaweedham to chair the opening of the 'GI Next Generation' training program, which aims to open geographical indication (GI) product markets and create opportunities in China and Japan.

This represents another proactive initiative of the department aimed at strengthening the competitiveness of Thai GI entrepreneurs in global markets. The program focuses on enhancing knowledge in marketing, product standards, and exporting GI products to target markets.

Under the leadership of Deputy Prime Minister and Commerce Minister Supachai Sutheerathampun, the initiative emphasizes strengthening SMEs and communities by leveraging GI as a mechanism for community economic development. This is paired with aggressive marketing promotion both domestically and internationally to increase trade opportunities and improve the competitiveness of Thai products over the long term.

The effort also aims to increase the value of agricultural products through elevating GI products, which are predominantly agricultural goods and processed agricultural products with high quality, connection to their origin, and distinctive local identity that is difficult to imitate. These characteristics encourage consumers to pay premium prices for the added value and differentiation of these products.

Wiroj Jongklawanichsuk stated that China and Japan are promising target markets with high consumer purchasing power and strong emphasis on product quality and product storytelling, which aligns perfectly with the strengths of GI products. This presents an excellent opportunity to leverage these competitive advantages to add value and propel Thai GI products into global markets sustainably.

For this training session, the department has invited expert lecturers to share knowledge and experience covering product standard preparation, important trade requirements and regulations, international shipping, opportunities and trends in premium markets, marketing strategy planning, and online sales channels. The training will include over 50 GI entrepreneurs from across the country, enabling them to apply this knowledge effectively in business development and market expansion. This will help elevate Thai GI products to compete competitively in international markets.

The GI Next Generation training also plays an important role in building cooperation networks among GI entrepreneurs nationwide, strengthening their business operations, and driving Thai GI products toward sustainable global market competitiveness.

The department will continue promoting and developing GI products by emphasizing quality control and upstream production to maintain Thai GI products' standards and distinctive local identity as key competitive advantages. This will build confidence among both domestic and international consumers, serving as the foundation for elevating GI products to premium market levels.

Currently, Thailand has 256 GI products generating a market value exceeding 115,979 million baht. Of these, 212 products have established quality control systems, representing 82.8% of all Thai GI products.

There are 17,983 entrepreneurs operating through systems that meet quality standards and are authorized to use the Thai GI trademark, reflecting the strength of Thailand's GI product development and protection system and its potential for long-term expansion into international markets.