29-May-18, Nikkei Asian Review
Thailand's commerce minister, Sonthirat Sonthijirawong, has hailed e-commerce as the business model that could propel the country to new heights.
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Image: Reuters
If tapped well, Sonthirat said, online business will expand its share of bilateral trade between Thailand and its biggest trading partner, China, expected to hit USD120 bn by 2020 - a considerable rise from USD73 bn in 2017.
This wider embrace of e-commerce follows the digital touch of Jack Ma, co-founder and executive chairman of Alibaba, China's largest e-retailer.