Thailand Leads ASEAN in Digital Economy Revolution, Aiming for $2 Trillion Boost by 2030

August 29, 2025
Thailand Leads ASEAN in Digital Economy Revolution, Aiming for $2 Trillion Boost by 2030
  • Central to this initiative is Thailand's leadership in establishing the ASEAN Digital Economic Framework Agreement (DEFA), which focuses on digital trade, online commerce, and cross-border digital payments, with the goal of boosting the region's digital economy to US$2 trillion by 2030.

  • Thailand's active role was highlighted during a special ASEAN Economic Community Council session on August 28, where Deputy Minister of Commerce Chantawit Tantasith emphasized Thailand's leadership as chair of DEFA discussions.

  • Thailand's proactive leadership in resolving key policy issues demonstrates its commitment to regional benefits, aiming to deliver tangible outcomes for businesses and citizens across ASEAN.

  • Thailand is strategically positioning itself as a regional digital leader by spearheading efforts to connect ASEAN's digital economies, aiming to transform the region into a global digital economic hub.

  • The ASEAN Digital Economic Framework Agreement is on track for a final deal by the end of 2025, with formal signing anticipated in 2026.

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