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Sunday, May 5, 2024

Thailand eyes ‘Unicorn Factory’ to propel startups to global success

Top investment destination

Thailand remains a viable investment destination thanks to its large domestic market, convenient business operations, competitive stock market and low startup costs, Krithpaka said.

Plus, she said, the technological infrastructure in the country is ready to support business operations, while the stock market is competitive with impressive valuation and liquidity strengths.

“When compared to other countries, Thailand’s startup investment costs are still low. More AI applications are expected in Thailand this year, including business analytics, market analysis, medical process improvement, education and job creation. As a result, AI-enabled industries such as electronics and robotics are expected to see an increase in business value,” she said, promising that the government will provide strong support,…

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