Asean
Thailand running for the largest wind farm in ASEAN
Thailand has unveiled the largest wind farm in ASEAN. The project is intended to help the country become the regional leader in alternative energy.

With strong determination to promote alternative energy development, the government has aimed to use the newly-opened wind farm to generate as many as 1,200 megawatts of power within eight years.
Energy Minister Pongsak Ruktapongpisal said that the new wind power generation project is the first of its kind in Thailand and offers the largest combined capacity of 207 megawatts.
In addition, the West Huay Bong 2 and the West Huay Bong 3 can, individually, generate around 350 million units of electricity for sale to the Electricity Generating Authority of Thailand, each year.
Mr. Pongsak stated that the wind farm not only responds well to consumer demand but also does good to the society and the environment as it effectively reduces the country’s carbon-dioxide emission by 270,000 tons and cuts fuel oil imports by 90 million liters, worth around 1.9 billion baht, per year.
PM Yingluck added that the Ministry of Energy, on the government’s behalf, has been working hard to help Thailand secure the energy stability while cutting down the reliance of fossil fuel, particularly in the power generation sector.
Rewriter : suwit rattiwan
สำนักข่่าวแห่งชาติ : Thailand unveiled ASEAN’s largest wind farm in Korat
Asean
The Latest on Covid-19 in Southeast Asia
Thailand has largely avoided widespread community transmission of Covid-19, but the kingdom is not faring well on the economic front, with a projected contraction of 7.1 percent this year.

As a region, Southeast Asia has fared relatively well in keeping coronavirus cases low, with the notable exceptions of the Philippines and Indonesia.
(more…)Laos
China’s debt-trap diplomacy: Laos’ credit rating downgraded to CCC
Laos’ debt challenge is deeply concerning, with some media commentators suggesting the country is falling into a debt trap as a result of Chinese infrastructure investments connected to the Belt and Road Initiative (BRI)

On 23 September, the Fitch Ratings agency downgraded Laos’ credit rating to CCC — the second downgrade in 2020, having dropped to B- in May.
(more…)Vietnam
Foreign capital still heads to Vietnam
As many as 798 projects added a combined over 5.11 billion USD to their investment capital, down 23 percent year-on-year in project number but up 6.8 percent in value.

Hanoi (VNA) – The total amount of foreign investment poured into Vietnam this year to September 20 reached 21.2 billion USD, equivalent to 81.8 percent of the same period last year, reported the Ministry of Planning and Investment.
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