ASEAN
- Thailand News
Thailand slips in global digital race: Urgent tech policy shake-up
Thailand’s digital prowess took a hit, dropping two spots to 37th globally in the World Digital Competitiveness Ranking 2024. The ranking, published by the International Institute for Management Development (IMD), evaluated 67 countries and economic zones across three key metrics: knowledge, technology, and future readiness. With an overall score of 65.45, Thailand is now third in digital competitiveness in the…
- Business News
Thailand leads ASEAN in gold demand growth amid record prices
Thailand continues to lead the ASEAN region in consumer gold demand growth, as reported by the World Gold Council (WGC). In the third quarter of 2024, Thailand’s gold demand surged by 11% year-on-year, reaching 14.5 tonnes, marking its second consecutive quarter of robust growth. Globally, gold demand remained strong, increasing by 5% from a year earlier to 1,313 tonnes. This…
- Events
EU Green Diplomacy Weeks in ASEAN 2024 kicks off with a fun run/walk and green action events
The Ambassador of the European Union (EU) to ASEAN, H.E. Sujiro Seam, officially kicked off the EU-ASEAN Green Diplomacy Weeks 2024 in Jakarta, Indonesia. The launch featured already 2nd edition of the dynamic five-kilometre fun walk and run titled “EU-ASEAN Green Transition for Sustainable Planet and More Positive Impact” (GET UP and MOVE). Around 500 participants took part, including representatives…
- Business News
Thailand & Hong Kong aims for ASEAN financial hub status
Thailand is exploring a partnership with Hong Kong to establish a financial hub aimed at connecting ASEAN markets. Deputy Finance Minister Paopoom Rojanasakul announced the initiative after a meeting with Hong Kong’s Financial Secretary, Paul Chan, during the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting in Lima, Peru. The meeting highlighted Thailand’s ambition to become a global financial player, as…
- Environment News
Green dreams: EU-ASEAN leaders forge path to eco-future
Top EU-ASEAN business leaders and cooperation agencies came together for a high-powered Partners’ Dialogue forum to tackle the opportunities and challenges of ASEAN’s green transition. The event was hosted by none other than the European Union’s Ambassador, H.E. Sujiro Seam. Representatives from EU-ASEAN institutions, member states, businesses, and cooperation agencies gathered to share insights and experiences on ASEAN’s journey towards…
- Transport News
New SRT governor aims to make Thailand ASEAN rail hub
Veeris Ammarapala, the newly appointed governor of the State Railway of Thailand (SRT), pledged to transform Thailand into a leading railway service hub in the ASEAN region during his four-year tenure. Ready to begin his duties as the 20th governor, Veeris recognises the significance of his role and the SRT’s mission as the nation’s largest state-owned transportation enterprise. The SRT…
- Events
Exclusive event for the brightest business minds in the ASEAN region
FACE, in collaboration with the ASEAN Economic Forum, is proud to present an exclusive networking event tailored for business leaders across Southeast Asia. This highly anticipated event is set to take place on September 20 at the Waldorf Astoria. The event promises to bring together the region’s most influential CEOs, founders, and investors for an evening of dynamic pitches, strategic…
- Education
Thai activist joins peers about the EU’s advanced education system
A renowned Thai youth activist has been selected to join the Youth Sounding Board for the European Union in ASEAN (YSBEA) for the 2024 to 2025 period, after a lifelong commitment to transforming Thailand’s education system to be more accessible for the country’s younger generations. Comprising youth leaders from 10 ASEAN Member States and Timor-Leste, the YSBEA is expected to…
- Business News
Canada-ASEAN free trade agreement expected by next year
A free trade agreement (FTA) between Canada and the Association of Southeast Asian Nations (ASEAN) is anticipated to be finalised by next year, according to officials from Canada and Thailand involved in the discussions. Surin Thanalertkul, the Canadian embassy trade commissioner, along with Martin Sullivan, senior market development officer of the Canada Indo-Pacific Agriculture and Agri-Food Office (IPAAO), discussed the…
- Thailand News
ASEAN Troika Plus meeting on Myanmar crisis likely post-summit
The Ministry of Foreign Affairs (MFA) announced that the ASEAN Troika Plus meeting aimed at addressing the Myanmar crisis may take place after this year’s ASEAN Summit. The Deputy Director-General of the Department of ASEAN Affairs, Bolbongse Vangphaen, revealed that Laos, the ASEAN chair for the year, endorsed Thailand’s proposal for the ASEAN Troika Plus meeting during the 57th ASEAN…
- Thailand News
Thai-ing up: China’s industrial trade reshapes Southeast Asia
Chinese industrial products are increasingly penetrating the Southeast Asian market, significantly impacting Thailand’s trade dynamics. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) reports that this influx has diminished Thailand’s market share and contributed to a trade deficit with China amounting to nearly US$20 billion. Chinese online retailer Temu’s recent entry into Thailand is poised to exacerbate this…
- Thailand News
Neighbours come together for peace in Myanmar conflict
Foreign Minister Maris Sangiampongsa called on Myanmar’s neighbouring countries to strengthen their cooperation in encouraging all parties involved in Myanmar’s civil war to halt the ongoing conflict since the 2021 military coup. Maris spoke to Kyodo News and Thai media in Vientiane yesterday, July 29, noting that he had informal discussions with his counterparts from Myanmar and India concerning the…
- Thailand News
Thailand to ASEAN: Let’s get digital for ‘byte-sized’ unity
Thailand urged the Association of Southeast Asian Nations (ASEAN) to enhance integration by adopting a unified digital economy system, supporting sustainable development, and ensuring regional security through existing mechanisms. Speaking at the 57th ASEAN Ministerial Meeting in Vientiane yesterday, July 28, Foreign Affairs Minister Maris Sangiampongsa emphasised the growing interest of many countries and international organisations in engaging with ASEAN.…
- Business News
SCG Décor forecasts 10% rise to 30 billion baht in ASEAN market
SCG Décor (SCGD), a key player in the decor surface and bathroom business, projects a 10% year-on-year revenue increase to 30 billion baht, largely fuelled by heightened sales in the ASEAN market, including a significant push for green products. The company anticipates its revenue will double by 2030. Numpol Malichai, Chief Executive and Managing Director of SCGD, revealed the company’s intention…
- Education
EU’s Global Gateway initiative unlocks new opportunities for education and research in ASEAN
In a landmark discussion hosted by the Ambassador of the European Union (EU), H.E. Sujiro Seam, the EU, ASEAN and leading scholars from both regions came together to enhance cooperation in education and research. The Partners’ Dialogue focused on the transformative impact of the EU’s Global Gateway strategy in ASEAN, emphasising innovation, research collaboration, sustainable development, and the exchange of…
- Thailand News
Chinese foreign minister calls for ASEAN regional cooperation
During a meeting between the Thai and Chinese foreign ministers to discuss the consultation mechanisms between the two nations, Chinese Foreign Minister Wang Yi emphasised the importance of upholding the ASEAN-centered East Asian regional cooperation framework and rejecting exclusive small circles. Wang and Thai Foreign Minister Maris Sangiampongsa co-chaired the second meeting between the foreign ministers. This two-day visit marked…
- Thailand News
Thailand and Singapore bolster regional stability through civil ties
Singapore and Thailand’s foreign ministers affirmed that enhanced civil service collaboration will deepen bilateral ties and contribute to regional development. Speaking at the 14th Civil Service Exchange Programme (CSEP), co-hosted by the Thai and Singaporean foreign affairs ministries, officials highlighted the importance of sharing knowledge and best practices among civil service officers from both nations. The ministers emphasised that such…
- Thailand News
Laos considers Thailand’s proposal for ASEAN troika meetings
The Foreign Affairs Ministry spokesperson, Nikorndej Balankura, confirmed that Laos has received and is considering Thailand’s proposal for ASEAN Troika and Troika plus meetings, which aim to alleviate the ongoing crisis in Myanmar. The proposal is Thailand’s attempt to engage with Myanmar’s military junta to resolve the situation while simultaneously advocating for humanitarian aid and peace. Thailand put forth this…
- Thailand News
Travel with AirAsia MOVE’s ASEAN Explorer Pass
To revolutionise travel within the ASEAN region, AirAsia MOVE has unveiled its groundbreaking ASEAN Explorer Pass. AirAsia MOVE, the brainchild of Capital A Berhad, is reshaping the landscape of online travel with its pioneering digital venture. At the heart of its mission lies the ASEAN Explorer Pass, hailed as a game-changer in connecting and championing the ASEAN region like never…
- Thailand News
Thailand proposes ASEAN Troika to mediate Myanmar crisis
Thailand has proposed a collaboration between three or more ASEAN member nations to engage with Myanmar’s military junta, to mitigate the crisis and restore peace in the conflict-stricken country. The nation maintained its commitment to extend humanitarian assistance and foster peace amid the turmoil. Nikorndej Balankura, spokesman for the Foreign Affairs Ministry, announced yesterday that Thailand, through Laos, the current…
- Business News
Charged up: Thai finance chief sparks debate on EV development
Thailand’s finance permanent secretary stressed the need for the country to continue developing its electric vehicle (EV) sector, despite concerns about the arrival of the Chinese EV supply chain in the local automobile industry. Lavaron Sangsnit warned that without active policies to encourage EVs, Thailand may be overlooked as a locale for factory establishment due to the lack of essential…
- Thailand News
Thai defence ministry to downsize military
The Thai Ministry of Defence outlined a comprehensive plan to downsize service personnel by approximately 700 individuals within the next three years. This strategic move aims to restructure the military and is expected to result in savings of up to 34 million baht. Defence Minister Sutin Klungsang confirmed these details after a Defence Council meeting last Thursday. The initial phase…
- Thailand News
Thailand celebrates UN’s International Day of Happiness
Thailand is basking in the glow of happiness as it marks the International Day of Happiness, a celebration initiated by the United Nations on March 20 (today). This year, the nation has every reason to rejoice as it ascends two places in the global happiness index, landing at an impressive 58th spot, though trailing behind regional counterparts like Singapore, the…
- Thailand News
Bangkok’s Suvarnabhumi soars to seventh heaven in luxury airport rankings
Travel magazine and website Travel + Leisure ranked Suvarnabhumi International Airport in Bangkok as the seventh place most luxurious airport in the world. It was also rated second in the Association of Southeast Asian Nations (ASEAN). Financial information and research website Business Financing recently launched the best and worst airports in the world ranking in February this year. In the…
- Business News
Thai processed sugar exports to China surge due to ACFTA
Thai exports to China, particularly those of processed sugar items including syrup, artificial honey, and various sweeteners, have seen a significant surge, courtesy of the ASEAN-China Free Trade Agreement (ACFTA). Over the past decade, Thailand has witnessed a yearly growth of 145% in processed sugar exports to China, as reported by the Foreign Trade Department. Ronnarong Phoolpipat, the director-general of…
- Thailand News
Thailand takes lead in Myanmar crisis: Calls for active role in finding peaceful solution
Thailand’s plan to provide humanitarian aid to displaced persons within Myanmar has earned praise from the chairman of the House Committee on Foreign Affairs, Noppadon Pattama. Speaking exclusively to Thai PBS World, Noppadon emphasised the urgency for the current Srettha Thavisin government to step up its efforts in resolving the conflict in Myanmar. Dubbing it a good starting point, Noppadon…
- Thailand News
Thailand pledges support to Laos in handling ASEAN issues
Thailand is prepared to back Laos in addressing the Myanmar crisis and other significant issues within the ASEAN region, according to Thai Foreign Minister Parnpree Bahiddha-Nukara. During a press conference yesterday, January 29, he explained that this support would bolster Laos’s success as the ASEAN chair this year. Parnpree held discussions with his Lao equivalent, Saleumxay Kommasith, on Sunday to…
- Tourism News
Thailand tops ASEAN for international tourist arrivals
Thailand emerges as the top destination for international tourists in the ASEAN region, as revealed by Sudawan Wangsuphakitgosol, the Minister of Tourism and Sports, during the 27th ASEAN Tourism Forum (ATF 2024) in Vientiane, Lao People’s Democratic Republic. The forum’s theme, Quality and Responsible Tourism – Sustaining ASEAN Future, reflected a collective intent among ASEAN tourism ministers to restore and…
- Thailand News
Thailand aims to become Asian aviation hub, says Thai PM
Prime Minister Srettha Thavisin outlined plans to transform Thailand into an Asian aviation hub. The announcement was made during his keynote speech at the Thailand 2024 The Great Challenges event. He highlighted the government’s focus on tourism and the introduction of several measures to boost the industry, including reciprocal visa exemption programmes. A reciprocal visa exemption deal will be signed…
- Business News
Thai government insists on land bridge project amidst criticism, seeks international investors
Despite facing criticism, the Thai government remains determined to proceed with its Land Bridge project, inviting foreign investors and prioritising environmental implications, especially in headwater regions. Government spokesperson Chai Wacharonke, addressing a mobile Cabinet meeting in Ranong, confirmed the government’s intent to engage foreign investors post the project’s promotion by Prime Minister Srettha Thavisin at three international events. These included…
