Thai Prime Minister Yingluck Shinawatra held talks with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation APEC Summit 2013 which kicked off yesterday on the Indonesian resort island of Bali.
Thailand and China have agreed to boost bilateral trade to a total value of US$100 billion by the end of 2015
Ms Yingluck reassured the Chinese leader that Thailand was determined to forge ahead with joint projects agreed earlier between the two countries, such as development of a high speed train project, alternative energy, education and human resource development, and water management.
Mr Xi Jinping said Thailand has been China’s partner in rural development and new cooperation would be explored while bilateral relationship would be enhanced. On infrastructure development in Thailand, the Chinese president proposed setting up a bank for infrastructure investment in Asia to promote connected and successive economic development in the region. Ms Yingluck reportedly threw her support to the proposal. MCOT online news
How the COVID-19 situation may affect Thailand’s export sector
Thailand’s export sector could face damage of 200-300 billion baht if the situation cannot be brought under control within six months.
The Thai National Shippers’ Council has raised a concern that the export sector might face a 200-300 billion baht toll should the COVID-19 situation not be brought under control in six months, urging the government to speed up the vaccine rollout to all segments of the population.(more…)
Pandemic drives sea freight prices to record high
The Covid-19 pandemic, which initially brought global shipping to a virtual standstill, did not bode well for the industry and led to “an unprecedented drop in demand”
Can border reopening revive tourism in South-East Asia?
In Thailand, where pre-pandemic tourism accounted for 11-12% of GDP, the country lost an estimated $50bn last year as Covid-19...
Thailand dropped from UK’s tough covid-19 travel ‘red list’
Earlier, Thailand was listed among countries with high infection levels that were put on a ‘red list’, requiring arrivals to...
The ASEAN-Russia Trade and Investment Cooperation Work Program
ASEAN and Russia recently agreed to enhance and widen economic cooperation at the 10th ASEAN Economic Ministers (AEM)-Russia Consultations held...
Flexible Workspace Startup Worklounge Debuts with 20+ Luxury Member Lounges in Thailand
Worklounge launches a premium membership granting remote professionals and executives access to exclusive hotel lounges across Thailand. Their platform is...
5 insights to guide ASEAN’s digital generation in a post-pandemic world
We surveyed 86,000 people from six ASEAN countries about their views for a post-pandemic world. The ASEAN Digital Generation Report...