Soaring ‘solo economy’ a challenge for Thai policymakers

BANGKOK: Thailand’s government and business sector must prepare for the growing trend of single-person households, or the so-called solo economy, the state planning office has warned.

In its special report on the solo economy, the National Economic and Social Development Council (NESDC) cites data showing the rising trend for young-generation individuals to stay single, leading to a rapid growth in single-person households.