Thailand’s embrace of the Fourth Industrial Revolution is perhaps among the most impressive in the region. From e-commerce to law enforcement, Thailand has shown that it is doing all it needs to ensure it lives up to its Thailand 4.0 plan.It’s often been pitted that while the Fourth Industrial Revolution brings a lot of opportunities with it, there are also some challenges.
Mobile is the future, and this is especially the case in ASEAN member states. As a matter of fact, e-commerce logistics management platform, Parcel Perform, recently noted that emerging markets like Myanmar and Thailand are seeing rapid growth in mobile marketing.
In line with its Thailand 4.0 goals, the Land of Smiles has been on an active lookout for foreign investors willing to finance projects under this initiative. South Korea recently expressed keen interest in doing so during the 60th anniversary of South Korea-Thailand diplomatic relations late last year.Thailand and South Korea have plans to hold a joint trade committee meeting in the first half of this year to connect investors and to spur trade.
Thailand’s Eastern Economic Corridor (EEC) is slated to become an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region.
Thai police seem to be embracing the intricacies of the Fourth Industrial Revolution, or Industry 4.0. Recent reports revealed that one of the ways the force is doing this is through utilising global positioning system (GPS) technology in order to tackle the issue of some errant police officers who are not patrolling crime-prone areas on their beat.GPS technology was introduced after the Crime Suppression Division (CSD) found that there was a way to “hack” the previous monitoring system.
The seaside province of Rayong, located on Thailand’s eastern gulf coast is well known for its tranquil holiday beaches, crystal clear waters and a dazzling selection of fresh tropical fruits from nearby fruit orchards. The picturesque town is the perfect place for a weekend’s escapade – 180 kilometres from the hustle and bustle of Bangkok or just a two and half hour drive away.However, Rayong may not be a getaway from the fast-paced urban lifestyle for much longer.
Thailand’s military junta, also known as the National Council for Peace and Order (NCPO) came into power after a coup in 2014. Since then, it – under the leadership of Prime Minister Prayut Chan-o-cha – has received both criticism and praise from people inside and outside the country.
Thailand’s Eastern Economic Corridor (EEC) is slated to be an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region.
Mobile is the future, and this is especially the case in ASEAN member states. As a matter of fact, e-commerce logistics management platform, Parcel Perform, recently noted that emerging markets like Myanmar and Thailand are seeing rapid growth in mobile marketing. A case in example is Myanmar which recorded a tremendous increase in mobile penetration from just 10 percent in 2014 to above 80 percent or 46 million mobile users in 2017.
As this is being written, Rap Against Dictatorship’s (RAD) “What my country's got” (Prathet Goo Mee) has managed to garner more than 28 million views on YouTube, and is still being talked about in both, foreign and local news.
Despite launching the Thailand 4.0 initiative two years ago, Thailand is on track to lose as many as three million jobs over the next 20 years if it fails to adapt to new disruptive technologies, according to the Thailand Development Research Institute (TDRI).Thailand 4.0 is a new economic model launched by the Thai government which aims to transform the country into a high-income nation.
Similar to many other growing Southeast Asian countries, Thailand is facing an increase in energy demand. According to the ASEAN Centre for Energy (ACE), energy demand in Southeast Asia in 2040 is expected to increase between 110- to 130 percent. Meanwhile, due to Thailand’s good economic performance and population growth, energy demand is forecasted to rise by almost 80 percent in the next 20 years. At the same time, Thailand is now facing a fossil fuels crisis.