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Tuesday, May 7, 2024

Thais urged to embrace disruptive tech

Accelerating the adoption of digital technology, along with promoting a circular economy, can generate up to $3.4 billion in investments, cost savings and revenues for Thailand.

Accelerating the roll-out of digital and disruptive technologies while promoting a circular economy approach in key industries could generate up to US$3.4 billion per year through investment flows, savings and revenues for Thailand, according to a new World Bank Group report launched on Tuesday.

Thailand Country Private Sector Diagnostic (CPSD), a joint report by the World Bank and International Finance Corporation (IFC), said the country needed to foster a new innovation-led growth model while addressing existing investment constraints to create better jobs and achieve its goal of becoming a high-income country.

The report found…

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