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Today: October 8, 2024
August 1, 2024
1 min read

Boosting Startup Competitiveness: New Matching Fund from BOI

TLDR:

  • Thais are cutting back on overseas travel plans due to financial constraints
  • Government prepares for the first day of digital wallet registration

In a recent article by Nation Thailand, it was reported that Thais are grounding overseas travel plans due to financial constraints. The article mentioned that the government is also preparing for the first day of digital wallet registration. This move is seen as a step towards boosting the digital capability of public and private organizations in Thailand, leading to success in the transition towards a digital economy.

Another key point highlighted in the article was the launch of a matching fund by the Board of Investment (BOI) to support Thai startups in targeted industries and help them expand their businesses. This initiative aims to boost the competitiveness of startups in Thailand and foster innovation in the country.

Furthermore, the article also mentioned a case where a former Revenue Department chief lost a substantial sum of money in gold bars. The Supreme Court upheld previous rulings stating that the source of the 871.5 million worth of gold could not be explained as honest earnings. This case highlights the importance of transparency and accountability in financial matters.

Overall, the article covers various aspects of financial and technological developments in Thailand, shedding light on the challenges and opportunities facing the country in the digital age.

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