E-commerce in Thailand is growing rapidly and is set to become a main driver of internet development. To a great extent, 4G is responsible for the transformation, as it will be bringing faster connectivity to a large, nationwide pool of consumers. Estimates place e-commerce spending growth over the next five years at 18.2%. The subsector is...
In late 2015 two 4G auctions were held in Thailand and three companies, Advanced Info Service (AIS), True and newcomer Jasmine International, were awarded spectrum. With $6.4bn in bids, and an additional player being added to the market, the exercise was seen as a great success. The government will receive a considerable influx of funds, while...
The Thai telecoms sector is transforming in a comprehensive way. Auctions were held in late 2015 that will bring new and powerful technology to the market, introduce much-needed competition to the sector and finally end the problematic concession system, which has created uncertainty and may have discouraged some investment. It is not clear...
With the introduction of nationwide 4G services following the late 2015 spectrum auctions, the IT sector in Thailand received a significant boost. Improved connectivity is increasing usage and helping the development of electronic products and services. In particular, an e-commerce boom is gaining steam (see analysis). More local app...
Following two challenging years, during which the country has experienced slower overall economic growth and reduced spending on large government contracts, the construction industry came roaring back to life in 2015 with the strongest growth rates on record. The resurgent construction sector expanded by a whopping 15.8% in 2015, making up for...
Buoyed by robust domestic demand and persistent foreign interest in Thailand as both a desirable location for vacation homes and a commercial base within the ASEAN community, the Thai real estate sector continues to perform well even in the face of slowing regional economic growth. In late 2015 the sector showed a significantly improved...
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