THAILAND RACES AHEAD IN THE GLOBAL DIGITAL REVOLUTIONFacilitated by easier access to high-speed internet, the rise of Thailand’s vibrant digital industry over recent years has been underpinnedby the rich creativity and strong entrepreneurial spirit of Thailand’s tech-savvy digital generation. At the forefront of this brave new digital world, Thailand has seen its economy consistently prove its readiness to embrace the new opportunities presented by the global digital revolution. Committed to driving investment in digital transformation, Thailand is pursuing six key strategies: 1) efficient digital infrastructure; 2) digital business promotion; 3) the creation of equitable access through digital technology; 4) digital government; 5) workforce development and 6) improved trust in digital business1. Another initiative is True Digital Park, which serves a centre for digital innovations and startup operations. • Digital Technology Development for the development of targeted technology transfers in cooperation with academic researchers and development institutions through a ten-year Corporate Income Tax exemption.

Source: Bangkok Post February 23, 2021 06:45 UTC