Thailand plans large-scale 5G adoption by next year

Thailand plans large-scale 5G adoption by next year Thailand could adopt a large-scale 5G network by next year. The fifth generation wireless technology has higher speeds, lower latency and the ability to connect more devices. The National Broadcasting and Telecommunications Commission, or NBTC, says they are ahead of schedule. Along with the mass adoption of…

Bangkok’s commercial property market struggles through 2020

Bangkok’s commercial property market struggles through 2020 This year Thailand’s developers had to work around the effects of government lockdowns and restrictions because of the Covid-19 pandemic. Indeed significant changes have occurred to the commercial property market in Thailand. CBRE Research reports that the Bangkok office market suffered a significant change in the net up-take,…

Online intellectual property dispute platform to go live next year

Online intellectual property dispute platform to go live next year The online dispute settlement platform for intellectual property cases will assist with cases related to copyright, patents, and trademark infringements using digital technology. BANGKOK (NNT) – The Department of Intellectual Property has introduced its online dispute settlement services covering intellectual property cases that it developed…

State data-sharing platform set for 2023

State data-sharing platform set for 2023

State data-sharing platform set for 2023 The Digital Economy and Society (DES) Ministry aims to use a centralised data-sharing government platform by 2023 through the Government Data Center and Cloud (GDCC) service as part of efforts to boost public services within a single window for data access. GDCC is the central cloud system to be…

Domestic headwinds hinder recovery

Domestic headwinds hinder recovery Thailand’s economy is projected to recover slowly because of downside risks from domestic headwinds despite upbeat signals about Covid-19 vaccine development, says KKP Research. Although the economy gained traction in the third quarter, the economic recovery outlook remains fragile and uneven for different sectors and throughout Thailand, according to a report…

US vows more business in Thailand

US vows more business in Thailand US businessmen have pledged to press on with their investment plans in Thailand and called on the government to maintain momentum in tourism stimulus projects and also ease travel restrictions to help get the economy back on track. Prime Minister Prayut Chan-o-cha on Wednesday met the US ambassador and…

Economist predicts economy will shrink 8.9% this year, despite easing of restrictions

Recovery momentum picks up in Q3

Recovery momentum picks up in Q3 Thailand’s economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house. GDP contraction has been upgraded to 6.4% from a 10.3% decline projected previously, attributed to an…