Thai companies are increasingly investing in neighboring ASEAN countries. While these investments have resulted in significant profits for both the companies and the host countries, they have also triggered adverse environmental and social issues.
Moreover, these outbound investments often occur without implementing the proper mechanisms to ensure compliance with international human rights standards and practices, which is exposing the local communities to human rights violations and abuses.
The National Human Rights Commission of Thailand (NHRCT) has investigated Thai investments in Myanmar, Laos, and Cambodia, and it is playing a significant role in shaping the government cabinet resolutions in 2016 and 2017 on Thai outbound investments.
These resolutions align with the principles articulated in the UN Guiding Principles on Business and Human Rights. However, additional work is needed to strengthen how these resolutions are applied.
From 10am to Noon on June 1, 2018, the Asian Forum for Human Rights and Development (FORUM-ASIA), Community Resource Center (CRC), and Extraterritorial Obligations (ETO) Watch Coalition will hold a panel discussion on the human rights obligations that Thai companies have when they make outbound investments in ASEAN.
Panelists will include:
Tuenjai Deetes, NHRCT Commissioner;
Sor Rattanamanee Polkla, CRC Coordinator; and
Debbie Stothard, Alternative ASEAN Network Coordinator for Burma and Secretary General of the International Federation for Human Rights (FIDH).
The panel will provide an overview of the main issues surrounding these Thai investments, discuss options on ways to ensure greater accountability and protection of people’s rights.
In addition, this event will combined with the publication of the Thai chapter of FORUM-ASIA’s latest publication: ‘Business and Human Rights: Learnings from Asia.’
A light lunch will be provided after the event.
Foreign Correspondents’ Club of Thailand
Penthouse, Maneeya Center Building
518/5 Ploenchit Road (connected to the BTS Skytrain Chitlom station)
Patumwan, Bangkok 10330
Web Site: http://www.fccthai.com
One million people register on first day of Chim-Shop-Chai program
10 million persons will be able to register themselves to receive a 1,000 baht allowance each in the government’s electronic money mobile application
A total of a million people have registered to join the government’s Chim-Shop-Chai (Taste-Shop-Spend) program, under which each of them will receive a 1,000 baht giveaway to be spent between September 27th and November 30th, on the first day.(more…)
16 countries agree to conclude RCEP talks by end of this month
The final round of RCEP talks in Danang, Vietnam, is scheduled from September 19 to September 27 for senior officials to prepare various agenda pertaining to goods, services and investments
BANGKOK, 9 September 2019(NNT)-The 51st ASEAN Economic Ministers Meeting has agreed that the final round of the Regional Comprehensive Economic Partnership (RCEP) talks in Vietnam should reach their conclusion by the end of this month.(more…)
Thailand to Produce 2.5 Million Vehicles in 2030
Today there are about 15 million vehicles in Thailand and the Energy Ministry expects to see 1.2 million BEVs and plug-in hybrid electric vehicles within 2036.
Thailand Ecommerce Market: Shooting For Success
At present, the Thai ecommerce market is valued at USD 3.5 billion. According to a Google Temasek study, Thailand’s e-commerce...
Aspire Set to Become First SME Neobank in Southeast Asia with US$32.5 Million Raise
The recent financing has been led by Mass-Mutual Ventures Southeast Asia with participation from Silicon Valley’s Arc Labs and existing...
How is Thailand Bringing Technology to the Table?
In Asia, a country like Thailand has taken the initiative to implement agricultural biotechnology in its industry. The country has...