Thailand to become technology, innovation-driven economy
Thai Deputy Prime Minister Somkid Jatusripitak has said Thailand must transform itself into a technology and innovation-driven economy to prepare for the decreasing role of manual labour.
Bangkok (NNT/VNA) - Thai Deputy Prime Minister Somkid Jatusripitakhas said Thailand must transform itself into a technology and innovation-driveneconomy to prepare for the decreasing role of manual labour.
He chaired the opening of the CEO InnovationForum 2018 under the title “Transforming Thailand Towards Science &Technology Frontier," which was organised at Queen Sirikit ConventionCenter by the National Science, Technology and Innovation Policy Office (STI).
In his keynote address, Somkid said science and technologyplay an ever-increasing role in the economy and society, and the country musttherefore stimulate science and technology investment.
Over the past two years, Thailand's annual GDP growth rate increased from 2.8percent to 4 percent. There are signs of further growth, due mainly to thetourism and export sectors, as well as domestic and foreign investments.
The government's Thailand 4.0 agenda focuses on economicmobility using science, technology, and innovation to coincide with rapidchanges in science and technology trends, such as changes in raw materials andproduction streamlining.
According to the deputy premier, the Ministry of Science and Technology is draftingpolicies to support ecosystems that foster innovation and S-curve industries.
STI Secretary-General Kitipong Promwong said this year, hisoffice will announce the latest statistics on investment in research anddevelopment (R&D). Last year, R&D investment topped 100 billion baht or0.78 percent of national GDP. Kitipong expressed confidence that the numberwill continue to grow to over 160 billion THB or 1 percent of GDP this year.-VNA
The Thai Ministry of Tourism and Sports reported that the tourist arrivals to the country in the first two months of this year jumped to over 7 million.
Rice exports of Thailand in 2018 will be less than the target growth of 9.5 percent due to strong baht and decrease in rice production, said the Thai Rice Exporters Association (TREA).
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Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
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Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
Illustrative image (Source: internet) 
