Report finds formal institutions in the region promote internet economy
A visitor examines mobile phones at Mobile Expo 2023 held at Queen Sirikit National Convention Center in Bangkok.
A rapid increase in digital consumers is expected to be a major driver for Southeast Asia’s economy, which is projected to grow by 4.7% this year, according to consulting firm YCP Solidiance.
A report by YCP Solidiance indicated Southeast Asia is on course to become the world’s largest market by 2030, with an influx of investment and business set to benefit several industries, including the digital economy.
With a projected growth rate among the fastest in the world, the region’s digital economy is projected to exceed…
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