Japan supports Thailand in promoting green technologies
Japan pledged to increase support for Thailand in promoting carbon neutrality to help the Southeast Asian country rebuild its economy which is being affected by the COVID-19 pandemic, the Japanese Ministry of Foreign Affairs said in a statement on August 11.
Illustrative image (Photo: Electricity Generating Authority of Thailand)
Hanoi (VNA) - Japan pledged to increase support for Thailand inpromoting carbon neutrality to help the Southeast Asian country rebuild itseconomy which is being affected by the COVID-19 pandemic, the Japanese Ministry of Foreign Affairs said in a statement on August 11.
In a online meeting between Japanese Minister of Foreign AffairsToshimitsu Motegi and his Thai counterpart Don Pramudwinai, Japan confirmed it would provide Bangkok with thenecessary technologies to cut carbon dioxide emissions and develop renewable energy.
In the first quarter of 2021, the Thai economy shrank by 2.6 percentyear-on-year. This was the fifth consecutive quarter the country suffered economiccontraction.
Earlier this year, the Japanese Government announced the"Asia Energy Transition Initiative ", under which it pledged to provide 10billion USD for ASEAN member states, including Thailand, to promote renewableenergy, liquefied natural gas (LNG), energy efficiency as well as other greenprojects.
The Association of Southeast Asian Nations (ASEAN) welcomed Japan's commitment during aspecial meeting between the two sides on June 21 to pledge financial supportfor the member countries' decarbonization efforts.
Japan's "Asia EnergyTransition Initiative " will also include "human resource developmentthrough various training seminars, research and reports, as well asknowledge-sharing activities".
According to Japanese officials, theinitiative is not only aimed at reducing the region's greenhouse gas emissions,but also opens up business opportunities for Japanese companies./.
Investment applications in Thailand in the first half of this year rose 158 percent from a year earlier to 386 billion THB (11.5 billion USD), led by the electronics and medical sectors.
The annual ASEAN Online Sale Day is being held from August 8 to 10, creating an avenue for retailers across various sectors to showcase their offerings and reach out to the larger regional market, China’s Xinhua reported.
The State-run Electricity Generating Authority of Thailand (Egat) plans to import an additional 1,200 megawatts of electricity from hydroelectric power plants in Laos under a long-term purchase contract, reported the local newspaper Bangkok Post.
The Thai Cabinet on August 10 approved a relief package worth 33.47 billion THB (1 billion USD) to help 6.69 million workers in 29 "dark red zone" provinces registered under Sections 39 and 40 of the Social Security Act.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
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Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
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PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
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Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
Illustrative image (Photo: Electricity Generating Authority of Thailand) 
