Panachit Kittipanya-ngam, president of the Thailand Tech Startup Association, said that more startups turned from B2C to B2B organisations to offer business and service technology services. Those vertical tech startups are growing. The top five are startup voucher, innovation coupon and NIV Venture, TED fund, Depa Digital Startup Fund, and 5-year Startup Income Tax Exemption. Around 19 per cent of startups have overseas operations,while 91 per cent plan to expand operations abroad. Most startups need support in areas of networking, technology knowledge, business training, grants and funding, ease of doing business, and tax reductions and exemptions.

Source: The Nation Bangkok June 01, 2019 05:15 UTC