Categories: FC

Thailand’s DITP showcases 30 top companies in the third MOVE online trade event.

Bangkok, Thailand, 29th Jul 2022,  The Department of International Trade Promotion (DITP), Ministry of Commerce, will host the third Multimedia Online Virtual Exhibition (MOVE) from 1st to 3rd August 2022, presenting the latest projects and services from 30 top Thai companies operating in the digital content industry.

Mr. Phusit Ratanakul Sereroengrit – Director-General of the DITP confirmed the importance of the digital content industry – currently contributing over 5.8 billion USD to the national economy. 

The government is committed to supporting Thailand’s creative economy, conforming with the policy issued by the Deputy Prime Minister and Minister of Commerce, Mr. Jurin Laksanawisit of establishing Thailand as the hub of the region’s creative industry. As the result of the government’s advocacy through various trade activities, there has been a distinct recognition of Thai digital content talent in the global market.

Mr. Phusit Ratanakul Sereroengrit said, “The global demand for digital content has grown exponentially. This is largely driven by international streaming platforms such as Netflix, Disney+, WeTV, iQIYI, VIU, HBO GO and Prime Video. The global streaming market is forecast to grow 12% a year – from $342b in 2019 to approximately $842b in 2027.

A 2020 survey reported that the value of the digital content industry in Thailand was over $5.8b. The film and television industry was valued at over $4b of which almost $1b was generated from online distribution.

In 2020, in response to the COVID situation, DITP launched the Multimedia Online Virtual Exhibition (MOVEin order to support the digital content industryIn its first two years, it generated $95m in trade valueAlthough COVID19 is becoming an endemic disease, and global travel is returning, the world has discovered that conducting business via online platforms, as we sometimes consider unconventional, has greatly benefited entrepreneurs when under any circumstances; difficult or normal.

In its third year, MOVE shall continue to provide a vital database of the industry, a showcase of Thailand’s latest digital content, and a portal allowing Thai companies to connect to potential international partners and meet online. 

MOVE also adds a new element to the program with the Pitching Event, where a new generation of digital content producers will have an opportunity to pitch their latest projects with fresh, out-of-the-box ideas to international industry leaders.”

In 2022, MOVE will feature 30 top Thai companies in the digital content industry. These include Five Star Production, M Pictures, GDH 559, Sahamongkolfilm International, BEC World, Thai Broadcasting, Benetone Films, Kantana Post Production (Thailand) and The Monk Studios.

Media Contact

Organization: Department of International Trade Promotion

Contact Person: Media Relations

Email: Send Email

City: Bangkok

Country: Thailand

Website: https://www.ditp.go.th

The post Thailand’s DITP showcases 30 top companies in the third MOVE online trade event. appeared first on King Newswire.


Information contained on this page is provided by an independent third-party content provider. eTrendystock make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@etrendystock.com

KNW

Recent Posts

ZEREBRO Price Collapses 40% in Just 3 Hours: Market Cap Tanks to $45 Million

Zerebro, one of the largest AI projects, has seen its price dropped sharply today, going…

8 hours ago

Ethereum Price Prediction: Can ETH Sustain Its Bullish Momentum as Price Surges 15%?

Ethereum is back in the spotlight, not for explosive price action, although it has made…

20 hours ago

Ajman Bank Successfully Prices USD 500 million Inaugural 5 Year Sukuk

Ajman, UAE, 25th April 2025, Ajman Bank P.J.S.C. (“Ajman Bank” or “the Bank”), the first Islamic…

1 day ago

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment system

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment…

1 day ago

Echo Launches Real Unique Tokenomics with Real Yield in USDC

Douglas, Isle of Man, 25th April 2025, ZEX PR WIRE, Echo is about to launch…

1 day ago

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

Tortola, BVI, 25th April 2025, ZEX PR WIRE, World of Dypians (WoD), a highly immersive…

1 day ago