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SEA’s Digital Economy Totals 122 Billion USD in 2024

SEA’s Digital Economy Totals 122 Billion USD in 2024

by Teuvo Tuomi | Nov 17, 2024 | ASEAN, Digitalization, Economy, News, Reports, Southeast Asia

Southeast Asia’s digital economy will be worth US$122 billion in 2024, according to the e-Conomy SEA 2024 report. This comprises digital financial services, e-commerce, travel, online media, food, and transport. Digital economy revenue for 2023 was US$78 billion in...
Thailand’s Software Sector Sees Solid Growth

Thailand’s Software Sector Sees Solid Growth

by Teuvo Tuomi | Sep 16, 2024 | News, Business, Digitalization, Economy, Technology, Thailand

Thailand’s software sector outperformed other digital sectors last year with a growth of 12.8%, earning 215 billion baht. Main reasons were investment in advanced technology such as artificial intelligence (AI), data analytics, cloud computing, and...
ASEAN’s Growth Remains Robust

ASEAN’s Growth Remains Robust

by Teuvo Tuomi | Mar 5, 2023 | ASEAN, Business, Economy, Southeast Asia, Technology

According to the Asian Development Bank (ADB) and the International Monetary Fund (IMF), the Southeast Asian (SEA) economy is forecasted to grow by 4.7% in 2023, much faster than the global average of 2.7%. Some reports even suggest that ASEAN is on track to become...

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