Government agencies and research centers are urged to build strong innovation systems focused on technology, skills, and sustainability, according to economic advisors. Key actions involve aligning business strategies with national economic goals, investing in emerging tech, and strengthening national Research and Development (R&D) capabilities

In its economic recovery strategy, the government is actively encouraging SMEs and startups to develop clear digital transformation roadmaps and invest heavily in employee upskilling. This push is crucial to ensure that small businesses can adapt to structural challenges and maintain competitiveness in the rapidly evolving global market. credit

As part of its climate investment strategy, the World Bank estimates that interventions focused on energy efficiency retrofits across various sectors offer substantial savings of approximately $1.3 billion. These retrofits, along with transitions to LED street lighting and EV upgrades, are key to lowering power costs and boosting energy security.

Hotels across Bangkok reported being fully booked or operating at extremely high occupancy rates, directly attributing the spike to several massive Blackpink concerts held in the capital. The phenomenon highlights the significant economic impact of major international entertainment events on Thailand's hospitality and related service sectors. cr