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The Latest Breaking News from Asean

UOB appoints new head of Asean and Greater China

SINGAPORE — ⁠Singapore's ⁠United Overseas Bank, or UOB, has appointed Tan Choon Hin as ‌head of the Association of Southeast Asia (Asean) and Greater China, effective Sept 1, it said in a statement on Tuesday.

Bangkok Post

Myanmar leader in Thailand on legitimacy quest

Myanmar President Min Aung Hlaing received a red-carpet treatment as he began an official visit to Thailand on Thursday, part of efforts by Bangkok to push for re-engagement between its war-torn neighbour and Asean.

Bangkok Post

Asean's next security challenge is cyber

It is not easy to imagine that our online activities carry intensifying and proliferating risks. Scam networks in mainland Southeast Asia that have preyed on many thousands of hapless citizens worldwide and thereby plagued the Asean region are just one of these risks. More potent are the cyber operations perpetrated…

Bangkok Post

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Myanmar faces Mekong choice

Newly elected Myanmar President Min Aung Hlaing made an official trip to Laos from July 3-5. It was his first state visit to another Association of Southeast Asian Nations (Asean) member country after taking office on April 10.

Bangkok Post

Rubio to hold talks with China's Wang Yi as regional powers join Asean meeting

MANILA — United States Secretary of State Marco Rubio will meet Chinese Foreign Minister Wang Yi on ‌Wednesday on the sidelines of a regional gathering led by the Association of Southeast Asian Nations (Asean), where the two top diplomats are expected to discuss a possible September summit between their leaders.

Bangkok Post

Fetco sets market reform roadmap

The Federation of Thai Capital Market Organisations (Fetco) has unveiled a 15-year roadmap to position Thailand as Asean's leading capital market by 2032 and achieve developed market status by 2040, supporting the government's ambition to become a high-income economy while strengthening the country's long-term competitiveness.

Bangkok Post

Anutin unveils chip hub vision

Prime Minister Anutin Charnvirakul has unveiled a plan to position Thailand as Asean's hub for advanced chip manufacturing, with the goal of producing "Made in Thailand" semiconductors by 2050.

Bangkok Post

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PM vows to ramp up Hanoi ties

HANOI: Prime Minister Anutin Charnvirakul on Monday pledged to strengthen economic ties with Vietnam and support Thai investors operating there, saying closer cooperation between the two countries would help drive growth across Asean.

Bangkok Post

Thailand rises in World Happiness rankings

Thailand rose nine places to be 49th in the World Happiness Report rankings for 2024 - and the third-happiest in Asean.

Bangkok Post

Thailand ranked 'very low' in English proficiency

Thailand has been ranked 8th, or "very low", among Asean countries and 101st worldwide in the English Proficiency Index 2023.

Bangkok Post

Thai banks top Asean bad debt rankings

Thailand's top three banks have combined non-performing loans (NPLs) of more than US$9.6 billion, the highest in Southeast Asia, but Thai banks overall still have a high level of reserves for bad debts, says the Federation of Thai Capital Market Organizations (Fetco).

Bangkok Post

Empowering MSMEs to embrace circular economy

Mark Sultan Gersava was a peace development worker from Mindanao, the Philippines, who decided to act on what he saw as a critical challenge: transforming his ordinary products to become environmentally friendly to help mitigate the effect of climate change while empowering his local community with sustainable and long-term livelihoods.

Bangkok Post

Firms to rally amid economic revival

The performance of Thai corporations should gradually improve this year as the domestic economy recovers and inflationary pressures ease, according to analysts at Fitch Ratings' 2023 Thailand Corporate Credit Outlook & Asean ESG conference in Bangkok recently.

Bangkok Post

Inflation tepid in May as food prices decrease

Inflation in Thailand is expected to increase by only 0.5% year-on-year in May, the lowest in Asean, because of a decline in the prices of fresh food such as pork and chicken, says Commerce Minister Jurin Laksanawisit.

Bangkok Post

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Leaders highlight regional economic 'strategy for change'

The C Asean Forum 2023 was held in Bangkok under the theme: "Master Plan on Asean Connectivity: Strategy for Change". The May 17 event was attended onsite and virtually by delegates from across the world.

Bangkok Post

YSS expands operations

Thai shock absorber manufacturer YSS has opened a 400 million baht distribution and service centre which will serve as a blueprint for its aggressive network expansion strategy into future Bangkok areas and provincial markets as well as the Asean region and other global markets.

Bangkok Post

Uni rolls out novel treatment

Mahidol University has introduced Chimeric antigen receptor (CAR) modified T-cell therapy to treat B-cell leukaemia, making Thailand the first in the Asean to adopt this cutting-edge technique.

Bangkok Post

Social work symposium in Bangkok

In celebration of Social Work Month and World Social Work Day 2023, the Asean Training Centre for Social Work and Social Welfare is holding an international symposium on the theme "Human Security Is Global Security", at Novotel Bangkok Platinum Pratunam, Phetchaburi Road on Friday from 8.30am to 4.30pm.

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Bangkok Post

New science 'caravan' gets its educational show on the road

The National Science Museum of Thailand (NSM) has kicked off what it is calling a science caravan, an activity aimed at fostering interest in science and technology among school students in Asean countries, starting with Laos.

Bangkok Post

BBLAM now bullish on Asean, China

BBL Asset Management (BBLAM) is overweighting its investment in Chinese and Asean stocks this year as the prospects for economic recovery are higher in Asia than in the West.

Bangkok Post

Cisco warns of risks posed by hybrid work

Global networking giant Cisco Systems says security for hybrid work is among its top business priorities in Asean and Thailand as businesses are paying more attention to the issue.

Bangkok Post

Economists slice growth outlook for Asean+3

China's reopening should provide a timely boost to the Asean+3 region as the area's economic growth was downgraded because of continuing weakness in China, Japan and South Korea, according to economists.

Bangkok Post

Amazon unveils cloud trends for 2023

Industry use cases, simulation and machine learning are among the trends associated with the rise of cloud computing usage in 2023, according to Amazon Web Services (AWS), the cloud service arm of tech giant Amazon.

Bangkok Post

Asean ready to take on market volatility

Major Asean economies should be able to survive volatile market swings in 2023 following similar turmoil last year thanks to the region's strong fundamentals, says Singapore-based United Overseas Bank (UOB).

Bangkok Post

Firms to see major changes in IT, digital expenditure

IT spending in Asean, South Korea, Australia and New Zealand is expected to drop by 1-3% in 2023 despite immense economic challenges as enterprises shift to digital business to grow their revenue, according to International Data Corporation (IDC), a global tech market research firm.

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