Committee makes proposals to help stimulate Thai economy

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has come up with proposals in six main areas as a framework for stimulating the economy together with the government.
Committee makes proposals to help stimulate Thai economy ảnh 1Visitors to Erawan Shrine in Bangkok, Thailand (Photo: AFP/VNA)

Bangkok (NNT/VNA) - The Joint Standing Committee on Commerce, Industry and Banking(JSCCIB) has come up with proposals in six main areas as a framework forstimulating the economy together with the government.

These proposals arestrengthening public-private partnerships, upgrading collaboration between thegovernment and the private sector at various levels, enhancing thecompetitiveness of the private sector, developing the management system of thegovernment, supporting important government projects, establishing goodgovernance & social responsibility and enhancing skills and knowledge andquality of life of human resources.

Prime Minister andDefense Minister General Prayut Cha-o-cha has responded that the proposalswould be taken into consideration.

He expressed confidencethat the private sector will cooperate with the government to find ways andmeans to work under the volatility of the global economy and the difficultsituation stemmed from the ongoing trade war.

He touched on the EasternEconomic Corridor project, saying he will make sure that the mega project willbenefit all groups of people and the nation as much as possible.

PM Prayut has asked theprivate sector to promote SMEs to provide low-income earners with access toquality and to manufacture affordable products to help improve the quality oflife of all groups of people thoroughly.-NNT/VNA
VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.