Southeast Asia Internet Economy To Be Worth $240bn By 2025

Southeast Asia Internet Economy To Be Worth $240bn By 2025

The 2016 and 2017 Google-Temasek reports foresaw a $200 billion internet economy in the region by 2025 But this year, the same researcher sees such drastic market acceleration that it now expects that number to be closer to $240 billion Southeast Asia’s internet economy, including e-commerce, online travel and online media, will be worth $240 billion by 2025, according…

Thailand BOI’s Tax Incentive To Support Infrastructure Development For EEC

Thailand BOI’s Tax Incentive To Support Infrastructure Development For EEC

The investment incentive scheme is aimed to increase investors’ confidence and success opportunity. With the biddings for the development of both projects planned for late 2018, BOI has offered the incentive scheme to attract more investors To drive concrete development of the Eastern Economic Corridor (EEC), Thailand’s Board of Investment (BOI) has recently approved investment incentive scheme.…

Thailand Ranks 38th In Revamped Global Competitiveness Index

Almost 40 years after its first annual assessment of the global economy, the Forum’s 2018 report changes methodology to asses Global Competitiveness Thailand scores 67.5 to rank 38th in the new index reoriented towards future technology-driven growth How well countries adapt to the Fourth Industrial Revolution (4IR) will determine whether they ‘thrive’ or ‘stagnate’ and…

Thailand Automobile Manufacturing Industry Report

Automobile manufacturing has long been the pillar industry of the Thai economy In 2017, the output value of automobile manufacturing accounted for more than 10% of Thailand’s GDP. With its superior geographic location and government support, Thailand has become the largest automobile producer in Southeast Asia, and is called the Detroit of Asia. Automobile manufacturing…

Thailand 6th Economy In Asia

Thailand ranks 6 th among the ten most important economies in Asia according to DataLeads China, world’s second-largest economy stands tall with US$ 25.3 trillion and is up by 9% from 2017 followed by India at 10.38 trillion which is up by 9.8% showing growth over the preceding year. Thailand ranks 6 th among the…