Is metaverse the way forward for Thailand?

Thailand’s National Economic and Social Development Council foresees both potential and constraints in developing the metaverse business model in Thailand. It has outlined key points for consideration. (Photo by Martin Sanchez)

Thailand has been setting its sights on the digital economy to serve as a new growth engine amid a slowdown in growth in the past several years since the 2014 military coup.

A prolonged political conflict and fundamental changes in economic and social aspects have been blamed for the recurring sluggish economic performance.

One option to catch up with the fast-changing global economic landscape is to explore the potential of the digital economy and the emerging metaverse technology.

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