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Saturday, May 4, 2024

A perspective from Thailand, HRSEA News, ETHRWorldSEA

Thailand 4.0 is going to prove to be a digital behemoth for the economy. The economic opportunities available to Thailand through digital transformation are significant and could support up to THB 2.5 trillion (USD 79.5 billion) of annual economic impact nationally.

However, World Bank predicts that the shortage of skilled talent due to a combination of mismatched skills and an inefficient technical and vocational education and training system is a big challenge affecting Thailand’s future growth prospects and economic competitiveness.

Organisations are acutely aware of the importance of learning in today’s business environment. As per Coursera’s latest e-book, The Job Skills of 2023, the range of digital skills may also stem from organisations increasingly investing in digital transformation. Such investments are forecast to reach $7 trillion by 2023, growing at a rate of 18%…

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