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Thailand sets target to become ASEAN’s electricity hub

Thailand is planning to develop its power transmission lines to become the electricity hub of the region, sourcing hydropower from Laos and selling it to Malaysia, Cambodia and Myanmar

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Bangkok (VNA) – Thailand has set a target of becoming an electricity hub in the Association of Southeast Asian Nations (ASEAN).

Thailand is planning to develop its power transmission lines to become the electricity hub of the region, sourcing hydropower from Laos and selling it to Malaysia, Cambodia and Myanmar, the Thai Energy Ministry’s Permanent Secretary Kulis Sombatsiri said at the 37th Senior Officials Meeting on Energy (SOME) on June 24.

Kulis said he discussed with ASEAN energy ministers to find ways to guarantee affordable electricity to the Southeast Asian region by installing modern transmission lines, and other alternatives include providing other sources of renewable energy including solar, wind and biomass power.

Themed Advancing Energy Transition through partnership and Innovation, the 37th SOME meeting brought representatives from 10 ASEAN countries as well as international organisations, such as international energy agencies and international renewable energy agencies, to discuss issues pertaining to electricity trade in ASEAN.

The ASEAN Senior Officials Meeting on Energy is being held in Bangkok on June 24-28 with an aim to shift ASEAN from fossil fuel to clean power. 

Discussions at the meeting will be brought to the ASEAN Ministerial Meeting on Energy scheduled for September 2-3. – VNA

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Employers should hire new workers based on their potential

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A Thailand representative office is essentially a branch of a foreign corporation

58 percent of employers have hired employees based on their potential, and 94 percent of them said their potential-based hires had become a valuable part of their teams. 

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Asean

ASEAN bucks record 155 billion USD FDI in 2018

The flow of foreign direct investment (FDI) into the 10 ASEAN countries has gone up for the third consecutive year, breaking a record 155 billion USD set in 2018.

Olivier Languepin

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Last year inflows to the ten-member Association of South East Asian Nations (ASEAN) were up 11.5%, from US$147 billion in 2017 to $155 billion in 2018, according to new UNCTAD research.

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Asean

Thailand to renegotiate GSP with US delegation at ASEAN Summit

The United States recently announced the cancellation of Generalized System of Preferences benefits, which used to allow 573 items exported from Thailand to the US to be exempt of import duties.

National News Bureau of Thailand

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Apart from resolutions to be made by ASEAN leaders at the ASEAN Summit in November, the Thai government will seek this opportunity to hold a talk with the U.S. regarding the decision to revoke the Generalized System of Preferences (GSP) treatment previously given to 573 Thai products.

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