"We are concerned about the loss of the local startup ecosystem and the competitiveness of local startups. We need the government to offer measures to support local players," Pattaraporn Bodhisuwan told the Bangkok Post. That is why local startups struggle to compete as they fall short of capital," he said. For example, the government could promote the use of local startup services in each ministry, calling it "One startup, one ministry", he said. Policymakers can provide tax incentives for corporations that use local startups' services, said Mr Pattaraporn.

Source: Bangkok Post July 21, 2020 00:11 UTC