THAILAND’S Internet economy is expected to be worth US$43 billion in 2025, according to a study. “e-Conomy SEA 2018: Southeast Asia’s Internet Economy Reaches an Inflection Point” conducted by Google and Temasek says that Southeast Asia’s Internet economy will be surge from $72 billion in 2018 to $240 billion in 2025. Thailand’s Internet economy in […]
Read MoreThailand has overtaken Russia and India as the most unequal country in the latest survey by a Swiss bank. Banyong Pongpanich, chairman of Phatra Securities, posted on Facebook on Wednesday the findings of the Credit Suisse Global Wealth Databook 2018 conducted on 40 countries. He expressed concern about the trend. Two years ago, Thailand ranked […]
Read MoreThe government’s tax collection policy is threatening the growth of e-payments and discouraging a cashless society, say e-payment and e-commerce proponents. The Bank of Thailand reported that the value of e-payments in June 2018 was 38.94 trillion baht, up from 33.56 trillion a year earlier. The volume of e-payment transactions in June 2018 totalled 375 […]
Read MoreAs the Fourth Industrial Revolution (Industry 4.0) expands the possibilities of digital transformation, business executives foresee sweeping changes. A new Deloitte Global report finds that businesses plan to invest heavily in digital transformation, but strategic and operational paradoxes threaten to hamper these efforts. The survey of more than 350 executives in the manufacturing, power, oil and […]
Read MoreSome 10 million Thai tourists are expected to travel abroad next year, up from an estimated 9 million this year, says the Thai Travel Agents Association (TTAA). The key factors driving the growth are more attractive tour packages offered by travel companies and affordable airfare, especially from low-cost carriers operating in and around Thailand, said Thanapon […]
Read MoreThe consumer confidence index tumbled to a six-month low in November on concerns about ebbing tourism revenue and falling crop prices, says the University of the Thai Chamber of Commerce. The UTCC’s latest survey said the index fell for a third straight month to 80.5, down from October’s 81.3, September’s 82.3 and August’s 83.2. Fewer […]
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