How Thailand Is Moving Toward a Digital-First Economy
According to Wikipedia, Digital economy refers to an economy that is based on digital computing technologies, although we increasingly perceive this as conducting business through markets based on the internet and the World Wide Web. The digital economy is also sometimes called the Internet Economy, New Economy, or Web Economy. India has made waves since the government decided to remove about 86% of the country’s currency notes by value from circulation in 2016. There are other countries embracing the digital economy and Thailand is not being left behind. Thailand is significantly developing and the country is ready to make the leap to a digital-first economy. The government in Thailand knows that supporting a new online economy starts with building a solid technological infrastructure, and in recent years, Thailand has invested millions of dollars in making internet accessible (Thailand Board of Investment, 2017, June 21). It is thus not surprising th...