Facebook to boost its investment in Thailand

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Bangkok – Facebook has pledged to increase its investment in Thailand, citing its support for the country’s digital transformation with a focus on small and medium-sized enterprises (SMEs), large businesses, and the community.

Facebook Thailand managing director John Wagner said it is the social media company’s mission to lead the transformation of Thailand into a digital economy and society and to support the country’s businesses and communities to realize their digital aspirations.

Facebook will launch new programs, partnerships, and initiatives to support the three drivers it has identified for Thailand’s transformation.

SMEs play crucial roles in the Thai economy, carrying out 98 percent of business, employing 70 percent of the workforce and accounting for 40 percent of gross domestic product (GDP), he said.

Facebook has committed to offering the support programs, including workshops, live training, online training, and chat support for SMEs.