Thailand's digital GDP expected to grow 6.2% this year
According to the official, the digital economy has played a key role in lifting the Thai economy. In the past five months, the value of digital exports tallied 860 billion THB (26.54 billion USD), up 35% year-on-year.
Thailand's digital GDP growth is being boosted by huge investments in data centres. (Photo: //www.bangkokpost.com/)
Bangkok (VNA) - The Digital Economy and S🦋ociety (DES) Ministry of Thailand expects digital GDP this year to expand by 6.2% year-on-year, despite the potential impact of the US's reciprocal tariffs.
The figure indicates growth 3.4 times higher than the anticipated national GDP gain this year, according to the ministry.
Citing the latest forecast from the National Board of DES Office's (BDE) latest forecast, Deputy Prime Minister and DES Minister Prasert Jantararuangtong estimated that digital GDP will be driven by continued growth in digital exports to avoid the effects of the US tariffs, Thailand's Cloud First Policy and the acceleration of the digital government project.
In addition, massive investment in data centres and the printed circuit board and semiconductor sectors will pace growth, according to the forecast.
Another contributing factor is Thais and foreign tourists increasingly adopting digital payment services, Prasert added.
According to the official, the digital economy has played a key role in lifting the Thai economy. In the past five months, the value of digital exports tallied 860 billion THB (26.54 billion USD), up 35% year-on-year.
Wetang Phuangsup, secretary- general of the BDE, said the value of the broad digital economy in 2025 is expected to reach 4.69 trillion THB, expanding by 6.2% year-on-year.
Digital industries are projected to continue to expand this year, albeit at a slower pace.
The BDE forecast the telecom industry to grow by 8.1%, down from the previously estimated 9.5%, the smart devices sector by 5.6%, down from the previously estimated 6.3%, software by 4.5%, down from the previous estimate of 5.2%, and digital content by 9.9%, down from the previously estimate of 12.7%. Other digital industries are estimated to expand by 5.8%, down from the previously estimate of 6.7%.
The National Economic and Social Development Council of Thailand has estimated the country's GDP growth of 1.8% this year./.
In recent years, Thailand has attracted large amounts of investments in data centres and digital services, from companies as diverse as Amazon Web Services, Tik Tok, and NTT Data.
Thailand has imposed a comprehensive ban on electronic waste imports as it grapples with a burgeoning e-waste problem. A 2021 report from the Pollution Control Department revealed that the country generates over 400,000 tonnes of domestic electronic waste annually.
The primary consideration for granting visa-free entry to Brazil and Turkey is reciprocity, as both countries already offer visa-free entry to Indonesian citizens.
This is considered the second largest cumulative penalty imposed by MAS for breaches related to anti-money laundering and countering the financing of terrorism.
The sharp rise has raised concerns over a potentially severe forest and land fire season in one of Indonesia’s wildfire-prone regions over the past decade.
In the absence of a deal, Washington could impose a 36% tariff on all imports from Thailand as soon as July 9, compared with the 10% baseline tariff in effect now.
The event underscored Vietnam’s proactive role in advancing human rights in the context of climate change, helped strengthen its network of partners, and shared practical lessons with the international community.
SEA Games 33 is scheduled for December 9–20 in Bangkok, Chon Buri, and Songkhla, while the ASEAN Para Games 13 will take place from January 20–26, 2026, in Nakhon Ratchasima
Danantara CEO Rosan Roeslani said the collaboration could help Indonesia achieve its renewable energy targets, including a 34% renewable energy mix by 2034 and 87% by 2060.
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is preparing to hold discussions with the Bank of Thailand, the National Economic and Social Development Council (NESDC), the Finance Ministry and the Commerce Ministry to realign economic priorities given the limited available resources, with a focus on the next 6-12 months.
Currently, Indonesia's daily oil consumption stands at 1.6 million barrels and it sets an ambitious target of achieving 1 million barrels of oil per day by 2029 or 2030.
In its first year, Tomorrowland will hold a 2-3 day event, offering exclusive packages, pre- and post-tours, and hotel accommodations. This model will resemble Tomorrowland in Belgium, which will significantly boost Thailand’s tourism industry.
The police has taken appropriate measures to ensure high preparedness ahead of this meeting, and the main focus is on the security of VIPs, traffic control and handling emergencies, he said, adding the team will use sophisticated technologies such as facial recognition systems and explosives detection to ensure the event runs smoothly.
At a press briefing on July 3, Indonesia's national search and rescue agency chief Mohammad Syafii confirmed that five people died in the incident and 25 are still missing.
Thai Deputy Prime Minister and Interior Minister Phumtham Wechayachai was assigned Acting Prime Minister, replacing caretaker Prime Minister Suriya Juangroongruangkit, following a special Cabinet meeting on July 3.
Under the new regulations, only pedestrians and users of personal mobility aids (PMAs), such as electric wheelchairs, are allowed on pedestrian-only paths, which are marked with the words “pedestrians only.” Cycling paths, by contrast, are painted red.
The two-tier local government model will serve as a key driver for Vietnam’s green economic development and enhanced governance capacity amid the Fourth Industrial Revolution and deep international integration, according to Prensa Latina.
The Indonesia Manufacturing Purchasing Managers’ Index (PMI) from S&P Global, released on July 1, dropped to a reading of 46.9 in June from 47.4 in May, indicating a further deterioration in the health of goods-producing industries.
