Digital economy requires readiness

Both the government and the private sector are being advised to speed up preparation to cope with changes and economic disparities caused by rapid digital economy development.

Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, said the efforts should focus on workforce skill development to get ready for technological advancements; crucial infrastructure preparedness, such as a supportive legal framework; establishing secure online payment systems; regulatory measures to cope with changing competition; and competitive fairness for…