snoop1130 Posted May 25, 2022 Share Posted May 25, 2022 BANGKOK (NNT) - The ASEAN bloc is expected to see gross domestic product (GDP) growth of 4.9% this year and 5.2% in 2023. This was according to Thai Vice Commerce Minister Sansern Samalapa, who made his remarks after attending the ASEAN Economic Ministers’ (AEM)’s Special Meeting last week in Bali, Indonesia. The meeting was held under the theme “ASEAN A.C.T: Addressing Challenge Together”, which was prompted by the armed conflict between Russia and Ukraine. Their war, together with the pandemic, has had repercussions throughout the globe. The meeting expressed optimism that the regional economy would return to pre-pandemic levels, with GDP growth expected to reach 4.9% in 2022 and 5.2% in 2023. The bloc acknowledged, however, that the region’s recovery momentum and growth prospects remain vulnerable to geopolitical conditions, supply chain disruptions, shortages in key commodities, and inflationary pressures. Keep up to date with all things Thailand - Join our daily ASEAN NOW Thailand Newsletter - Click to subscribe The meeting thus emphasized the need for ASEAN to remain vigilant and accelerate the implementation of the ASEAN Comprehensive Recovery Framework (ACRF) to navigate these global challenges and to ensure that the ASEAN economy remains capable of bouncing back better and stronger. Sansern said the meeting also reaffirmed the objectives and principles of the ASEAN Outlook on the Indo-Pacific (AOIP) to reinforce an open, transparent, inclusive and rules-based regional architecture with ASEAN at the center. Additionally, the vice minister said the meeting acknowledged the potential of the Regional Comprehensive Economic Partnership (RCEP) agreement to contribute substantially to post-pandemic economic recovery efforts. It therefore encouraged the remaining signatory states to expedite their ratification of the trade pact. Furthermore, attendees underscored the importance of the 12th World Trade Organization (WTO) Ministerial Conference (MC12) - to be held from June 12-15 in Geneva, Switzerland - to securing a predictable, transparent, non-discriminatory, rules-based and open multilateral trading system. The meeting also reiterated its support to the rules-based multilateral trading system centered around the WTO. -- © Copyright NNT 2022-05-25 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Link to comment Share on other sites More sharing options...
snoop1130 Posted May 25, 2022 Author Share Posted May 25, 2022 Investigation Launched Into Airport Runway Incident BANGKOK (NNT) - The Ministry of Transport has launched an investigation into a Thai AirAsia flight that landed on the wrong runway at Don Mueang Airport, which could have resulted in a serious aviation accident. Full Story: https://aseannow.com/topic/1260691-investigation-launched-into-airport-runway-incident/ Link to comment Share on other sites More sharing options...
snoop1130 Posted May 25, 2022 Author Share Posted May 25, 2022 Phuket to Host Big Tourism Events Next Month BANGKOK (NNT) - Phuket is set to host two major tourism events in June, as the province indicates its readiness to organize large-scale promotional campaigns to help revive its economy. Full Story: https://aseannow.com/topic/1260692-phuket-to-host-big-tourism-events-next-month/ Link to comment Share on other sites More sharing options...
snoop1130 Posted May 25, 2022 Author Share Posted May 25, 2022 Thai rural environmentalist wins 2022 Goldman Environmental Prize A rural Thai teacher-turned committed protector of the mighty Mekong River, Niwat Roykaew, aka “Teacher Thi”, has been awarded the prestigious Goldman Environmental Prize for 2022, along with five other grassroots environmentalists. Full Story: https://aseannow.com/topic/1260693-thai-rural-environmentalist-wins-2022-goldman-environmental-prize/ Link to comment Share on other sites More sharing options...
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