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Thursday, May 16, 2024

ASEAN needs to promote digital infrastructure development for small businesses, individuals

KUALA LUMPUR (Jan 17): ASEAN should build a new economic ecosystem by promoting the development of digital infrastructure that is accessible for both small businesses and individuals to reinforce its economic recovery efforts and promote sustainable and inclusive growth.

The Royal Thai Embassy in Malaysia said this will help ensure that the group can be part of the growing digital economy in the region, which is estimated to contribute more than US$240 billion in the next five years.

“On our part, Thailand is developing ‘ASEAN Digital Hub’, which will help enhance digital infrastructure in ASEAN, as well as ‘Digital Park Thailand’, as part of our Eastern Economic Corridor.

“The private sector will play an important role in the development of infrastructure and technology and innovation businesses through PPP (public-private partnership) investment,” the embassy said in an email…

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