Thailand’s ageing demographics: challenges and opportunities ahead!

Just like China (don’t miss out our free report on Chinese Silver Hair industry here), people aged 60 and over are expected to account for 20% of the Thai population in 2022 and for 28% in 2032.

Thai elderly population has low to moderate income, but it remains a top emerging segment for the tourism and care industry in general, for medical devices and equipment in particular.

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Malaysia regulates Cloud Services with license requirements from January 2022

The Malaysian Communications and Multimedia Commission (MCMC) will be implementing a light touch regulation on cloud services that are operating in Malaysia. Effective from January 1, 2022, Malaysia has imposed a licensing requirement on the provision of cloud services, although it will only be enforced from April 1, 2022.

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Asia-Pacific partnership creates new ‘centre of gravity’ for global trade

A new free trade agreement, covering 30.5% of the world economy, enters into force on 1 January 2022.
It eliminates 90% of tariffs among 15 East Asian countries: Thailand, China, Philippines, Australia, Brunei, Cambodia, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, New Zealand, Singapore, and Vietnam.

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