13 October 2023 at 06: 38 PUBLISHED
As he landed in Lion City on Thursday to meet his Taiwanese counterpart, Lee Hsien Loong, and President Tharman Shanmugaratnam, Prime Minister Srettha Thavisin urged the Singapore authorities to further strengthen economic ties between Thailand and the city-state.
As Thailand’s new prime minister, Mr. Srettha intended to meet other East Asian officials during his first visit of the area after taking business.
Mr. Srettha stated that Singapore is still dedicated to being a” good friend” to Thailand after speaking with Mrs. Shamugaratnam and Lee. Additionally, he vowed to keep up the effort to improve diplomatic relations for the benefit of both nations.
The state is prepared to discuss cooperation in different areas that have not yet been fully explored, such as the online economy, clean business and bonds, and high-tech industries, but he also vowed to make the most of the current channels for diplomatic cooperation.
Additionally, Mr. Srettha invited Singapore to invest in data centers in Thailand, which he claimed would be crucial in guiding the economy of both nations.
Thailand also promised to support Singapore’s efforts to increase food safety by encouraging agricultural imports.
However, Mr. Lee praised the governments of both nations for successfully integrating PromptPay and PayNow, two QR code-based payment gateways that enable account holders in each nation to get their funds without having to make a cash withdrawal.