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The Next Digital Behemoth: Thailand's 4.0 Revolution


The Next Digital Behemoth: Thailand s 4.0 Revolution
BANGKOK, July 30, 2021 /PRNewswire/ Thailand s Ministry of Foreign Affairs says that the country is on the verge of turning into an Asian digital behemoth. In June 2021, Thailand s start up scene celebrated its first unicorn with Flash Group, a Thai e-commerce logistics and delivery services provider Flash Express, after the company s Series D+ and E funding raised more than USD 150 million, shooting up its total value to more than USD 1 billion. Thailand also boasts other half-unicorns that are expected to join the coveted ranking soon. In short, the Thai economy looks set to be transformed into a cutting-edge economic powerhouse through digitalisation. ....

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Thailand Post expects delays


Thailand Post expects delays
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The country s biggest postal service provider handles an average of 8 million parcels each day.
Thailand Post says its postal services could be delayed in some areas due to the pandemic as some of its staff are infected with Covid-19, forcing post offices to shut temporarily.
The country s biggest postal service provider vowed not to hide information about its infected staff and pledged to step up efforts to make sure there is no backlog of parcels at its facilities.
Dhanant Subhadrabandhu, chief executive of Thailand Post, said some post offices have closed temporarily after staff became infected, requiring treatment and quarantine. ....

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SET president prepares incentives to welcome at least 30 companies a year
MASAYUKI YUDA, Nikkei staff writer
July 5, 2021 06:02 JST | Thailand
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BANGKOK The Stock Exchange of Thailand is putting all its effort into developing new measures to lure listings from sexy foreign companies and small- and mid-sized enterprises, aiming to become the leader among Southeast Asian stock markets.
We would like to have 30 to 50 IPOs at the SET each year, with them raising roughly 250 billion baht ($7.8 billion) per year, Pakorn Peetathawatchai, the president of the exchange, told Nikkei Asia in an online interview. We would like to see the same amount of secondary offerings as well, he added. ....

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