Thailand: outbound investment soars 143 pct in Jan-Sept 2015
Thailand’s outbound investment reached 6.82 billion THB (194 million USD) between January and September 2015, an increase of 143 percent compared to the same period in 2014.
Bangkok (VNA) ౠ– Thailand’s outbound investment reached 6.82 billion THB (194 million USD) between January and September 2015, an increase of 143 percent compared to the same period in 2014.
The growth is considered to match with the country’s outbound investment reinforcement policy that particularly targets Cambodia, Laos, Myanmar and Vietnam (CLMV).
The country’s new foreign economic strategy has aimed at reducing dependence on exports and bolstering investment overseas.
The Ministry of Trade said major destinations of the Kingdom’s outbound investments flow largely to Indonesia, Cambodia, Laos, Myanmar and Vietnam, primarily under acquisition form.
The ministry cited trade through frontiers in 2015 rose 3.48 percent to 1.4 trillion baht (40 billion USD), lower than the set target of 1.5 trillion baht (42.8 billion USD).
Thailand will also continue intensifying the establishment of special economic zones (SEZ) in order to show the country’s readiness to become an economic hub of the region.
The country’s economy increased steadily in 2015, after the government bolstered spending to recover the gloomy economy due to prolonged unstable conditions in recent years.
Thailand’s gross domestic product (GDP) grew 2.8 percent in the year, higher than 2014’s 0.8 percent, the lowest growth in the past three years.-VNA
The government and National Council for Peace and Order (NCPO) of Thailand have shifted up a gear in their efforts to lure support for the draft constitution.
Thailand, Indonesia and Malaysia have agreed to cut exports of natural rubber by 615,000 tonnes for six months from March to reduce supplies and increase prices that are trading near six-year lows.
Minister of Foreign Affairs of Thailand Don Pramudwinai has visited the ASEAN Secretariat, seeking to carry out the next steps after the launch of the ASEAN Community at the end of last year.
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.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
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.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
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.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
Illustrative image (Source :Internet)
