In its April 2018 Economic Monitor for Thailand, the World Bank reported that GDP growth accelerated to 3.9% in 2017, from 0.91% in 2014, 2.94% in 2015 and 3.23% in 2016. This was the fastest expansion since the 7.24% recorded in 2012, and was driven by strong global growth, increased export revenue and a modest recovery in private consumption.
Thailand has taken a step towards formalising its digital asset trade, introducing new rules governing cryptocurrencies that could boost confidence in the market and address concerns over investor security.
Already a rising player in global innovation rankings, Thailand is looking to further improve its standing by widening broadband access.
Thailand is quickly going from being a secondary player in the world of technology to a regional, if not global, leader. The relevant sectors are rapidly beginning to take off with the introduction of 4G and the build-out of fixed-line assets. Greater bandwidth, higher speeds, lower latency as well as increased consumer demand have led to a...
In 2016 the National Broadcasting and Telecommunications Commission (NBTC) published a draft five-year master plan for the telecommunications sector, with the previous master plan having ended in April 2017. Under the new plan, advanced technologies will be promoted and competition will be encouraged. One of the main issues addressed is the...
How can Thailand tap into the booming telecoms market of the ASEAN Economic Community (AEC) by investing in regional infrastructure?
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