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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

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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.

Thailand’s Deputy Prime Minister/Commerce Minister Jurin Laksanawisit, who chaired the 7th RCEP meeting, said 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 which are to be submitted to an ASEAN Summit in Bangkok in November.

Then, the signing of RCEP agreements will take place next year.

The deputy prime minister commented that all the 16 ASEAN and trade partner countries should compromise in negotiations pertaining to goods, services and investments for the improved well-being of the people in each of those countries.

He said RCEP agreements will strengthen the economic and investment stability and cooperation among the 16 ASEAN and trade partner countries, which are to make common resolutions and compromises over the next three months so that a conclusion will be reached and submitted to the ASEAN Summit as planned.

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China’s economy stumbles on power crunch

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BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymakers to do more to prop up the faltering recovery.

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Thailand aims to push its games and content industry

After almost a year under the pandemic, the number of game players in Thailand rose to 32 million and helped the market generate over a billion dollars in 2020, according to NewZoo, an international analytics and market research group.

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Currently, key digital organizations involved in the economy are joining forces to push the Thai gaming industry, so as to attain the level of a regional hub.

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