Digital industry sentiment index edges lower in Q3

The digital industry sentiment index dipped to 53.2 in the third quarter from 54.1 in the previous quarter, attributed to economic factors such as higher interest rates, uncertainty regarding government policies, and a slowdown in the economies of Thailand’s trading partners.

However, the index remained above the 50-point threshold, reflecting entrepreneurs’ confidence, according to the Digital Economy Promotion Agency (Depa).

The quarterly survey samples roughly 500 enterprises in the digital industry that are registered in the Depa’s database.

The latest survey found that domestic demand continued to expand, influenced by the tourism sector, which improved over the previous quarter.

Business owners expected the government to push for relevant laws to provide clarity in terms of their business planning and carry out infrastructure development for the digital…