Thai Airways International (THAI) is providing ground-handling services for Asean leaders and dialogue partner leaders at Hua Hin airport, during the 15th Asean Summit from today until Sunday.

Original source:
Thai Airways geared up for Asean visitors

Demand from businesses have increased rapidly over the years in Thailand

Recent crashes in Thailand’s GDP and export markets, plus the drop in tourism fuelled by recession and last year’s domestic political turmoil, have dispelled illusions that the country is insulated from the effects of the global downturn. Numerous indicators of economic health are hitting the red, foreign investment is evaporating, unemployment is surging, and credit lines are freezing up. Thailand’s government still says there is a possibility of positive growth this year, despite facing a rougher ride than in the 1997 Asian financial crisis as conditions infest the real economy on a broader scale.

Rapid industrial expansion and population growth have outpaced environmental management, resulting in sharply increased pollution levels (e.g. solid and hazardous waste, air, noise, and water). For example, fine particles in Bangkok’s air exceed WHO standards by 2.5 times, and other air pollutants are also causing major health impacts. Overall, it is estimated that air and water pollution costs the country 1.6 – 2.6 percent of GDP per year.

250px-thai_airways

Thai Airways geared up for Asean visitors

Infrastructure plays a crucial role in economic development and enrichment of living standards. Various stages of economic development require different levels of infrastructure upgrades or enhancements to ensure infrastructure in fact facilitates economic activities. Thailand has been facing a series of infrastructure challenges, both new and well-established. To name a few: there is a need for infrastructure services to catch up with economic development and international competition, manage the growth in urban areas, respond to global energy prices, and ensure basic services for the poor.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Vietnam Electricity Reforms Spark Opportunities for Foreign Investment

Private investors can now build, manage, and operate power grids in Vietnam following recent legal amendments, as the Vietnamese state gradually reduces its control of the sector.

Southeast Asia leaders, UK experts examine education disruption

Two years after COVID-19 related school closures affected the quality of education for more than 152 million children in Southeast Asia, Ministers of Education and representatives from Brunei, Cambodia, Indonesia, Laos, Thailand, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam

Joint Vision Statement of The ASEAN-U.S. Special Summit

WE, the Member States of the Association of Southeast Asian Nations (ASEAN) and the United States gather on the occasion of the ASEAN-U.S. Special Summit, the first-ever to be held in Washington, D.C., on 12-13 May 2022.