As the Srettha government is busy trying to revive the Thai economy, it is also facing a long-term dual challenge of keeping pace with digitalisation and the energy transition necessary for establishing sustainable supply chains to achieve net-zero emissions, according to a Thai blockchain leader.
In a recent interview with Thai PBS, CEO and founder of Bitkub Group, Jirayut Srupsrisopa, emphasised the need for the Thai government to be proactively equipped for digitalisation and green supply chains. Jirayut asserted that the digital economy would be a major growth engine, with green transitions, such as energy transition and carbon neutrality.
Addressing short-term concerns, Jirayut expressed concern over the rising household debt to GDP ratio, which is approaching a historic high of 90% in Thailand. If this trend continues, it could lead to an economic crisis with debt levels…
