BANGKOK, 14 MAY 2019 (NNT) – Thailand joins hands with Indonesia to push for creative industries starting with three major industries with a growth target of five percent per year.
Both countries aim to develop target creative industries, especially the fashion industry, the design industry and the broadcasting industry to allow them to grow by five percent per year.
Mrs. Atchaka Sibunruang, Chairperson of the Creative Economy Agency Thailand (Public Organization)’s board, signed a memorandum of understanding on “Thailand-Indonesia Creative Industry Cooperation” with the Creative Economy Office of the Republic of Indonesia in order to jointly promote and create a better understanding of the creative industries as well as produce creative creators in both countries to compete in the global market through meetings and activities to exchange knowledge and personnel and create a database on digital industry together.
Mrs. Atchaka said Indonesia is a country that has grown and become the incubator for the creative industries of the world.
There are up to four unicorn startups (unicorn startups are 3-5 year startup businesses worth over one billion US dollar or over 30 billion baht), such as Go-Jek, a company that provides shuttle services worth 60 billion baht in Indonesia and Traveloka, a company that provides hotel and travel booking services worth 6.5 billion baht. This cooperation will result in the development of digital skills that truly meet the needs of the industry.
Governments most exposed to coronavirus have strong fiscal and external buffers
Moody’s baseline assumption is that the economic effects of the outbreak will continue for a number of weeks, after which they will tail off and normal economic activity will resume.
As measures to contain the coronavirus and fear of contagion hit consumption and production, downside risks to our GDP growth forecast for China (A1 stable) have increased., says Moody’s Research Announcement.(more…)
Bank cuts Thai 2020 GDP growth outlook to 2.7%
SCB’s Economic Intelligence Center (EIC) has released its latest growth forecast, at 2.7 percent, showing a slow recovery from just 2.5 percent economic growth in 2019
SCB’s Economic Intelligence Center (EIC) has released its latest forecast, indicating that the Thai economy at the end of 2020 will have grown by 2.7 percent, showing a s recovery from just 2.5 percent economic growth in 2019, thanks to a better performing export sector and improved global economy.(more…)
BOI steps up investment promotion measures in the EEC
The measures will be in effect from January 2, 2020, to December 2021. Applicants can sign up for the new privileges, with no deadline set for registration.
What is Forex Trading and how it works?
Why do the investors choose Forex trading? Forex trading is traded by currency pairs. This is because all currency trading...
APRIL International Care opens up TeleHEALTH service to address Coronavirus worries
The TeleHEALTH service means policyholders do not have to leave their home or workplace to “see” a doctor, with a...
Thailand rolls out New Investment Measures to Boost Economy
The new definition of qualified applicants now includes businesses that have not previously received BOI promotion privileges as long as...
Subscribe via Email
- Tourism7 days ago
Thailand faces zero tourists, zero revenue situation
- Economics1 week ago
BoT says Thailand’s economy to shrink by 5.3 per cent in 2020
- Economics3 days ago
Thai Cabinet approves Measures to Ease Economic Impact of COVID-19
- Economics2 days ago
EAP Countries Brace for Economic Shock of COVID-19