Thailand’s economy slightly grew in the first three months of the year, a positive sign after a difficult period since the death of King Bhumibol Adulyadej.
Hanoi, (VNA) – Thailand’s economy slightly grew inthe firstꦆ three 👍months of the year, a positive sign after a difficult periodsince the death of King Bhumibol Adulyadej.
According to data released on May 15, the country’ grossdomestic product expanded 3.3 percent year – on – year in the first quarter, up3 percent from the previous quarter. Growth in agriculture, government expenditure and exportsdrove the expansion of economy of the Southeast Asian country, said PorameteeVimolsiri, secretarygeneral of Thailand’seconomic planning agency. Healso said the country’s economy is expected to grow between 3.3 and 3.8 percentin 2017, compared to 3.2 percent in 2016. Besidesthe long national mourning period for the King which affects Thailand’sconsumption, its economy faced political unrest, high household debt andfalling export competitiveness. Experts forecasted the country’s economy to pick up a little furtherbut high household debt and political instability will continue to negativelyaffect its long-term growth prospects. -VNA
The Fiscal Policy Office (FPO) under Thailand’s Ministry of Finance has raised its growth forecast for the country in 2017 by 0.2 percent to 3.6 percent.
Thai Minister of Commerce Aphiradee Tantraporn is confident that the Thai economy will continue its growth from last year and end this year up by 3-4 percent.
Themed “emerging trends in terrorism and violent extremism”, the event drew over 200 participants from domestic and international agencies, discussing the rapid evolution of terrorism and the need for stronger regional and global cooperation.
Indonesia aims to start nuclear power generation by 2034, with a government roadmap already in place to develop small modular reactors (SMRs) with capacities ranging from 300 to 500 megawatts.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
An Indonesian official emphasised that energy security is extremely essential amid global geopolitical and economic fragmentation, highlighting the need for the energy industry to strengthen resilience and responsiveness in the face of fluctuating oil prices and the shift to clean energy.
ASEAN must deepen collaboration through platforms such as the ASEAN Senior Officials Meeting on Transnational Crime (SOMTC) to ensure regional responses keep pace with the rapidly evolving cyber threat landscape.
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The pact covers goods, services, investments, intellectual property rights, customs facilitation, competition policy, sanitary and phytosanitary, trade and sustainable development, government procurement and economic cooperation.
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Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
Thai rice - Illustrative photo (Photo: VNA) 
