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Cambodia: RCEP strengthens global value chains, says PM

Lauding the Regional Comprehensive Economic Partnership (RCEP), Cambodian Prime Minister Hun Sen said it has strengthened the global value chains and protected the multilateral free trade system. The world is facing uncertainty due to the war in Ukraine, climate change, geographical situation, and trade and technology war, the Prime Minister said during the 10th anniversary […]

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Thailand: Call for tax cut to help flood-hit businesses

Company executives want the government to help flood-hit entrepreneurs with a corporate income tax reduction, according to a Federation of Thai Industries (FTI) survey of its members. Most of the 176 executives surveyed in the latest FTI poll, some 67.6%, want authorities to allow affected business operators to reduce their tax burden by offsetting the money […]

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Thailand: Meta and TAT offer new vision of tourism

Facebook parent Meta has joined forces with the Tourism Authority of Thailand (TAT) to introduce “Rediscover Thailand”, which features augmented reality (AR) experiences for the country’s tourist attractions. According to Meta, Thailand is one of the top 10 countries in terms of number of active Meta Spark AR creators. “The metaverse is the next evolution of […]

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Thailand’s digital GDP skyrockets to B2tn in 2021

Thailand’s digital GDP reached 2 trillion baht in 2021 after posting year-on-year growth of 14.1%, according to a study by the Office of the National Digital Economy and Society Commission (ONDE). The increase was attributed to Covid-19 infections easing and a partial economic recovery, supported by the return of the production of digital products and services, […]

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