Flood damage strains households amid high debt, says Krungsri Research
Making the right moves to drive growth
Thailand’s Civil Court launches its new e-commerce department on Thursday
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Thailand’s Civil Court launches its new e-commerce department on Thursday
23 Sept 04:19Key points summarised by AI
Thailand's Civil Court inaugurated a new department to exclusively manage online trade disputes and e-commerce cases.
This initiative combats the surge in online shopping fraud and complaints about substandard goods, a problem exacerbated by the pandemic's push towards digital retail.
Making the right moves to drive growth
Yesterday 16:36Key points summarised by AI
Thailand must shift its focus from merely creating intellectual property (IP) to actively commercializing it to unlock sustainable economic growth in its creative industries.
The World Bank advises establishing robust commercial infrastructure to generate steady revenues, attract private investment, and scale creative businesses globally.
Key strategic shifts include building systems to monetize and build value around original IP, and strengthening global links to connect domestic creators with international markets.
Elevating productivity in the creative sector could generate up to 3 million formal jobs by 2040, significantly increasing its contribution to Thailand's national gross value added.
Thailand's Creative Economy Agency (CEA) is developing an action plan to push high-potential content internationally, maximize IP commercialization, and upskill talent.