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Thailand: Digitalisation to drive low-carbon leadership

Thailand is expected to become Asean’s low-carbon leader, driven by a digitalisation journey through the support of the country’s innovation infrastructure, according to global tech giant Huawei Technologies. To drive the so-called low-carbon digital Thailand approach, Huawei indicated that the country requires enrichment of 5G adoption for ubiquitous connectivity, building cloud-based digital platforms, accelerating a […]

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SEC issues warning over Thai temple’s coin

The Securities and Exchange Commission (SEC) has warned investors against investing in Somdejcoin (SDC), a decentralised finance token, saying the investment data regarding the coin is still unclear in many respects. The SEC issued a statement on Wednesday raising suspicions about SDC, a coin named after a monk who is revered by many Buddhists. The coin […]

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Thailand economy expected to recover in Q1/2022: TU-RAC

Thailands herd immunity can be reached with 100 million vaccines administered by the end of 2021 and forecasts economic recovery with 1.1 million more international tourists in Q1/2022, according to the Thammasat University Research and Consultancy Institute (TU-RAC)s research. Asst Prof Suthikorn Kingkaew, a research project manager at Thammasat University Research and Consultancy Institute (TU-RAC), […]

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Thailand: Value of digital content to hit B49.6bn

Thailand’s digital content industry is expected to reach 49.6 billion baht in market value this year, up 26% year-on-year, buoyed crucially by strong growth in the gaming segment, according to the Digital Economy Promotion Agency (Depa). The figure is projected to surge to 72.7 billion baht in 2023. The forecast was revealed at Depa’s news […]

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Thailand: Loy Krathong spending set to shrink

Overall consumer spending during Loy Krathong is likely to remain sluggish this year because people remain concerned about the reoccurrence of Covid-19 outbreaks and relatively poor economic conditions. The latest survey by the University of the Thai Chamber of Commerce (UTCC) revealed that spending during the annual full-moon celebration, which this year falls on Friday, […]

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