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Thailand: Big Data mined to boost services

BIG DATA gathered from customers’ accounts with public utilities and state-owned banks will be crunched under a pilot project destined for expansion across all government departments in an effort to make public services more efficient. Deputy Prime Minister Somkid Jatusripitak, yesterday presided over a signing agreement between the State Enterprise Policy Office, the National Credit […]

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Thailand: Accelerator Rise forecasts $4 bn startup ecosystem

CORPORATE accelerator Rise plans to steer the startup ecosystem in Thailand towards a US$4 billion valuation in 2020 under efforts to promote new ventures in the domestic and overseas markets. Rise founder Supachai Parchariyanon said that the achievement of the US$4 billion target would equate to 1 per cent of the country’s gross domestic product. […]

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UTCC: Consumer sentiment hits 40-month high in April

Consumer sentiment rose for a second straight month in April to the highest level in 40 months, boosted by growing exports and strong tourism.  According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index stood at 80.9 in April, up from 79.9 in March and 79.3 […]

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Thailand: JFin Coin slumps to investors’ dismay

JFin Coin’s maiden trading day in the secondary market ended on a sour note Wednesday, with the price dropping over 50% from February’s initial coin offering (ICO) launch.  The sale price stood at 3.10 baht per token as of press time, down from 6.60 baht during the ICO on Feb 14. The token peaked at […]

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Thailand openly airs hope to join TPP

Thailand has expressed its hope of joining the Trans-Pacific Partnership, Japan’s minister in charge of the free trade deal said Tuesday. “Thailand has made it clear that it wants to take part in the TPP,” Toshimitsu Motegi told reporters after meeting with Deputy Prime Minister Somkid Jatusripitak. Mr Somkid was quoted by Mr Motegi as […]

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