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Sentiment hits 3-year high amid economic recovery

The Digital Industry Sentiment Index rose above the threshold of 50 in the first quarter for the first time in 12 months, reaching a three-year high.

The Digital Industry Sentiment Index rose above the threshold of 50 in the first quarter for the first time in 12 months, reaching a three-year high, according to a survey by the Digital Economy Promotion Agency (Depa).

The index surged to 54.0, up from 49.0 in the fourth quarter of 2022, driven by entrepreneurs’ confidence as Thailand’s economy recovers thanks to a tourism rebound and higher foreign investment.

The survey was conducted among five sectors, comprising hardware and smart devices, software, digital services, digital content, and telecommunications.

The survey found…

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