Thailand Receives $164 million Investment from Japanese Data Center Providers
According to a report, Telehouse has recently opened its first data center in Thailand with an investment of $74 million, while NTT Global Data Centers Corporation has invested 3 billion baht to develop its largest data center in Thailand
Thailand unveils 5 billion baht plan for tourism growth
The Tourism Authority of Thailand (TAT) has announced its plan for fiscal year 2024 with a budget of $144.2 million, which aims to increase off-peak tourism, boost spending per trip by 7%, and distribute income to a greater number of destinations.
Thailand’s GDP to grow 3.9% in 2023 says World Bank
The EAP region’s GDP is predicted to accelerate to 5.5% in 2023, with a comeback in China balancing sluggish growth in a number of other economies. Growth in the EAP is predicted to drop to 4.6% and 4.5% in 2024 and 2025, respectively, as China’s economy slows and the rest of the region experiences largely stable growth.