BANGKOK, THAILAND -
Media OutReach Newswire
- 19 June 2026 - As geopolitical tensions reshape global trade, supply
chains and investment flows, Thailand's long-standing reputation as a
trusted and neutral regional partner could become one of its strongest
competitive advantages, according to Distinguished Professor Andrew K.
Rose, Dean of NUS Business School.
Speaking to the media during a visit to Bangkok, Professor Rose said
economies with deep international trust and stable regional
relationships are increasingly well positioned as businesses rethink
where they invest, manufacture and expand.
"In a world where global alignments are shifting and supply chains are
being redrawn, trust becomes a strategic asset," said Professor Rose.
"Thailand has spent decades building strong relationships across Asia
and beyond. That foundation becomes more valuable in periods of
uncertainty."
A pivotal moment for Thailand
Thailand's current environment is demanding, and the
International Monetary Fund's World Economic Outlook (April 2026) projects growth of 1.5 per cent in 2026.
Professor Rose noted that rising energy costs, softer long-haul tourism
demand and rapid AI adoption are creating near-term pressure across key
sectors of the Thai economy. However, he said periods of disruption
often create the conditions for long-term competitive repositioning.
"The economies that emerge stronger are usually the ones that adapt
earliest," as Professor Rose. "Leadership capability, agility and the
ability to navigate change will determine who captures the next decade
of growth."
The comments come as businesses across Southeast Asia accelerate
investment in AI, digital transformation and workforce reskilling amid
growing global economic fragmentation.
A 2026 Milieu Insight study of 3,000 workers across six Southeast Asian markets
including Thailand found that 53 per cent ranked over-dependence on AI
as their top concern, ahead of privacy risks and job displacement. This
suggests that organisations in Thailand and across the region must do
more to guide, not just deploy, new technology.
Building regional leadership capability
Addressing these challenges requires more than a policy response alone.
Professor Rose emphasised that both multinationals and SMEs must build
their adaptation strategies around talent and leadership development to
power Thailand's growth engine.
Ms Usa Skulkerewathana, Senior Lecturer at NUS Business School, said
Thai organisations should consider focusing on strengthening talent
development and practical AI readiness rather than treating technology
as a standalone solution.
"This is not a wait-and-see moment," said Ms Skulkerewathana. "Thai
businesses that invest early in leadership, digital capability and
workforce resilience will be better positioned to compete regionally and
internationally."
Singapore's role as Asia's financial and educational hub offers Thai
professionals and organisations a natural gateway to build regional
leadership capability. Thai professionals and executives have, for
decades, benefitted from NUS Business School's MBA, MSc and executive
education programmes, including the Stanford–NUS Executive Programme and
other senior leadership initiatives developed with global academic and
industry partners. Thai enrolment has remained steady over the past five
years as professionals seek regional exposure and globally benchmarked
leadership training.
Thailand's "trust capital" is intact, and its position within a
reorganising ASEAN is reinforced by the changes underway. The Thai
institutions and business leaders that treat "trust capital" as a
competitive asset, and build the leadership depth to deploy it, will
define the country's next chapter of growth.
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