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Thursday, March 28, 2024

UTCC tips services with high potential

Medical services, beauty and e-commerce are expected to see the brightest growth prospects in 2021, driven by changing consumers’ behaviour in the aftermath of the pandemic.

Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), said the crisis has triggered off massive demand for medical services and online shopping, while demand for beauty remains strong as Thais continue to prioritise their health and beauty.

More importantly, Thailand’s medical treatment remains affordable and internationally recognised, he said.

The university has identified medical services and beauty as the top business sector with the brightest prospects, followed by online platforms, mainly content developers, YouTubers and product reviewers.

Insurance, both life and non-life, food and beverage, are still tipped as businesses with promising outlooks in…

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