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GENERAL

Riot Games to tap into country's promising gaming market

Business, Suchit Leesa-nguansuk, Published on 08/12/2023

» Riot Games, the US-based video game developer, publisher and e-sports tournament organiser, is making an aggressive move to capitalise on Thailand's gaming market, which is the company's third-largest in Asia-Pacific based on users and the second-largest for viewership of e-sports in the region.

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GENERAL

Thailand climbs up to 35th in digital competitiveness

Suchit Leesa-nguansuk, Published on 30/11/2023

» Thailand's Digital Competitiveness ranking in 2023 has climbed up by five places from last year, reaching the 35th position out of 64 economic territories, according to the Institute for Management Development's (IMD) World Digital Competitiveness Ranking (WDCR) 2023.

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GENERAL

Thailand set to remain No.2 digital economy

Business, Suchit Leesa-nguansuk, Published on 03/11/2023

» Thailand is expected to remain the second-largest digital economy in Southeast Asia in terms of gross merchandise value (GMV) from 2023 to 2030, according to data in the "eConomy SEA 2023" report.

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GENERAL

Meta, agencies target online scammers

Business, Suchit Leesa-nguansuk, Published on 26/10/2023

» Meta, Facebook's parent, is working with local authorities to tackle online scams in Thailand, particularly fraud and deception. Meanwhile, the Digital Economy and Society (DES) Ministry says Meta needs greater transparency to take down online scam adverts.

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GENERAL

Tencent focuses on AI to drive cloud services

Business, Suchit Leesa-nguansuk, Published on 12/09/2023

» Chinese tech company Tencent is capitalising on its artificial intelligence (AI) development as a key driver of its cloud business.

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GENERAL

Thai phone market seen as regional sweet spot

Business, Suchit Leesa-nguansuk, Published on 24/07/2023

» With a market value of more than 100 billion baht, Thailand's smartphone market will continue to be a "sweet spot" in Southeast Asia for device makers, mainly for the flagship models, amid the country's challenging economy and less handset subsidy support from mobile phone operators, says Chinese smartphone maker Oppo.

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TECH

Thailand rises in startup ecosystem index

Business, Suchit Leesa-nguansuk, Published on 20/06/2023

» After dropping three places last year, Thailand has shown positive momentum this year rising one spot to 52nd globally, according to StartupBlink's Global Startup Ecosystem Index 2023.

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BUSINESS

TikTok optimistic on prospects for growth

Business, Suchit Leesa-nguansuk, Published on 24/08/2022

» Short-video platform TikTok is expecting strong growth in Thailand where the "shoppertainment" market is forecast to jump to US$12.4 billion by 2025, up from $3.4 billion this year.

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BUSINESS

Thailand's digital dependence revealed in new internet study

Business, Suchit Leesa-nguansuk, Published on 17/02/2022

» Thailand shows a strong level of digital readiness with a high penetration rate for internet usage, social media engagement, mobile connections, online shopping and digital payments, according to the "Digital 2022: Thailand" report.

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BUSINESS

Thailand a leader in crypto ownership

Business, Suchit Leesa-nguansuk, Published on 10/02/2022

» Thailand is a world leader in terms of the proportion of the country's internet users who own cryptocurrencies, engage in online purchases and buy groceries online, according to the Digital 2022 Global Overview Report.