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Thailand's financial landscape is undergoing a dynamic transformation, driven by the Kingdom's focus on innovation and its ambition to become a global financial hub. The "Ignite Finance" initiative signals a strategic move to attract global financial institutions through future-ready regulations, next-generation incentives, and an empowered ecosystem. As Thailand's economy is projected to grow by 2.9% in 2025, fueled by recovering investment and tourism, the financial sector is poised for further expansion and innovation. Banks in Thailand are also preparing to migrate 50% of their new digital workloads to public cloud in the next five years to meet the digital demands.
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