Digital Payments in Thailand Quadruple from Pre-Pandemic Levels

Digital Payments in Thailand Quadruple from Pre-Pandemic Levels

In October 2021, the Central Bank of Thailand revealed that digital payments in the country have quadrupled from pre-pandemic levels. The number of daily transactions made through the PromptPay platform currently averages 28 million. PromptPay enables customers to...
mu Space Opens New Satellite and Space Factory in Thailand

mu Space Opens New Satellite and Space Factory in Thailand

Aerospace manufacturer and satellite internet service provider mu Space Corp. has just displayed to the public its brand-new satellite, the mu-B200 and the opening of Factory 2 in Bangkok, at its Satellite Tech Unveil 2021 event. Factory 2 is the company’s third...
Digital Payments in Thailand Quadruple from Pre-Pandemic Levels

Thailand’s E-Commerce to Reach USD 120 Billion in 2021

According to the Electronic Transactions Development Agency (ETDA), in 2020, e-commerce in Thailand was ranked as the 26th largest market globally, with revenues of USD8 billion. In 2021 it is predicted that the sector will become a USD 120 billion industry with a...
Dow Piloting Plastic Recycling in Thailand

Dow Piloting Plastic Recycling in Thailand

American multinational chemical corporation Dow Chemical has joined a project with the Thailand Institute of Scientific and Technological Research (TISTR) aimed at developing a system to better collect and recycle plastic waste under a circular economy model to reduce...
Thailand to Launch Smart Healthcare Platform with Huawei

Thailand to Launch Smart Healthcare Platform with Huawei

The Thai Department of Medical Services (DMS) and Huawei Technologies Thailand have just agreed to establish a smart platform that will enable advanced medical treatments using digital technology. DMS and Huawei will use 5G technology to launch smart healthcare...
Thailand Approves Incentive Package to Promote Industry 4.0 Transformation

New Incentives for Investments in Digital Activities in Thailand

As part of its efforts to revamp its promotion policies for digital businesses, Thailand’s Board of Investment (BOI) has announced the consolidation of its list of promoted digital activities into a single new category for the development of software, platforms for...
Thailand Plans New Private Shipping Line

Thailand Plans New Private Shipping Line

Bloomberg has reported that Thailand is planning to launch a national shipping company in 2022 in order to enhance its trade capabilities, reduce transport costs and become a bigger player in global logistics. According to Thailand’s Transport Minister, the shipping...