World

Thailand to promote bio-circular-green economy model at APEC 2022

Thailand aims to inspire the 21 Asia Pacific Economic Cooperation (APEC) economies with a new business code of conduct that embraces the Bio-Circular-Green (BCG) economy model.
Hanoi (VNA) - Thailand aims to inspire the 21Asia Pacific Economic Cooperation (APEC) economies with a new business code ofconduct that embraces the Bio-Circular-Green (BCG) economy model.

The local e-newspaper The Nation Thailand quoted CherdchaiChaivaivid, director-general of the Department of International EconomicAffairs and Thailand's APEC senior official, Foreign Affairs Ministry, as saying that the upcoming APEC Summit in 2022 will take place in the midst of a globaleconomic recession and serious geopolitical tensions.

Despite these unfavourable possibilities, Cherdchai statedthat Thailand is committed to achieving the Bangkok Goal Declaration on the BCGeconomy.

According to him, the focus of this declaration would be theBCG economy model. It will serve as the business code of conduct for the 21 APECmembers in terms of trade and investment.

He explained that the declaration will be highlighted infour agenda items on dealing with the climate change consequences; beingenvironmentally responsible in order to ensure long-term sustainability; seriousconservation of natural resources and their efficient use; and businessmanagement with little or zero waste.

The official believed that APEC leaders will support the declaration as the environment and climate change are now urgent global issues./.

VNA
#Thailand#bio-circular-green economy model#APEC 2022#vietnam#vietnam news agency#vietnamplus
Follow VietnamPlus

Related News

Thailand revives tourism stimulus package

Thailand revives tourism stimulus package

The Thai Tourism and Sports Ministry is pushing ahead with its proposals for a 1-billion-baht stimulus project and a 4am closing time for entertainment venues, as Prime Minister Prayut Chan-o-cha returns to office.
Thai gov’t eyes 2026 full opening of Automotive and Tyre Centre

Thai gov’t eyes 2026 full opening of Automotive and Tyre Centre

The construction of an automotive and tyre centre in the Eastern Economic Corridor is now more than halfway complete, with the center expected to be fully operational in 2026. The Thai government hopes this facility will promote Thailand as a global manufacturing base for electric vehicles.

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.