MIL-OSI Asia Pacific: Thai Economy Proved to Be Resilient in the Face of Strong Global Headwinds

Source: Government Of Thailand

The World Bank stated that The Thai economy proved to be resilient in the face of strong global headwinds due to strengthening domestic demand stemming from an upswing in private consumption and private investment.

 

According to the World Bank�s “Thailand Economic Monitor: Inequality, Opportunity, and Human Capital,� released on 16 January 2019, amid a global slowdown and elevated trade tensions, the Thai economy is projected to grow by 3.8 percent in 2019 and 3.9 percent in 2020. In 2018, despite external shocks to trade and tourism, growth of the Thai economy is estimated to have accelerated to 4.1 percent.

 

In line with trends in the global economy, a slight economic slowdown is expected in 2019. Public infrastructure spending is expected to accelerate in 2019 and pick up in 2020, as the Eastern Economic Corridor projects are being implemented.

 

The report said that investing in human capital and pursuing economic reforms is critically important for Thailand to become a high-income nation with equal opportunities for all citizens. 

 

Last October, the World Bank launched the Human Capital Index, which measures the productivity level for the next generation of workers relative to their full potential if all education and health outcomes were maximized. While Thailand scores in the upper half of the various indicators compared to ASEAN countries and other upper-middle income country peers, there remains room for improvement.

 

Deputy Secretary-General to the Prime Minister for Political Affairs, Buddhipongse Punnakanta, in his capacity as Government Spokesman, said that Prime Minister General Prayut Chan-o-cha was pleased with the World Bank�s confidence in Thailand�s economic growth, as reported in its “Thailand Economic Monitor: Inequality, Opportunity, and Human Capital.�

 

The Prime Minister agreed with the World Bank that continued implementation of public infrastructure projects and economic reforms could help catalyze domestic demand in 2019 and support medium-term growth.

 

The Government has so far implemented many key economic policies, such as the enforcement of the 2017 procurement law and the 2015 Licensing Facilitation Act. It has also invested in various infrastructure development projects, as well as placing high priority on human resource development, especially on providing underprivileged children with greater access to education and public healthcare. This will help reduce disparities and increase opportunities, which will benefit the Thai economy as a whole.

 

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MIL-OSI Asia Pacific: Five Universities Sign MOU on the Fight against Corruption

Source: Government Of Thailand

Five universities from the five regions of Thailand have joined forces with the Association of Correspondents for Anti-Corruption Thailand in combating corruption. They signed a memorandum of understanding (MOU) with the Association on their cooperation in anti-corruption efforts on 15 January 2019 at the Centara Grand Hotel in Bangkok.

 

These universities include Phranakhon Rajabhat University in Bangkok, Chiang Rai Rajabhat University in the northern province of Chiang Rai, Kanchanaburi Rajabhat University in the central province of Kanchanaburi, Udon Thani Rajabhat University in the northeastern province of Udon Thani, and Songkhla Rajabhat University in the southern province of Songkhla.

 

They are ready to work with the media in launching pro-active moves against corruption and inspecting various agencies to ensure transparency. Under the MOU, the Association of Correspondents for Anti-Corruption Thailand and the five universities will jointly conduct an anti-corruption campaign among young people, students, and members of the general public.

 

They will also raise public awareness of the dangers of corruption, which is comparable to a cancer threatening the country. The problem will need cooperation from all sectors in stepping up efforts to improve the situation.

 

In 2019, the Association of Correspondents for Anti-Corruption Thailand will hold five panel discussions in both Bangkok and the regional areas of the country. The discussions will be organized under the topic “Dangers of Corruption in the 4.0 Era.�

 

The first discussion will be held at Phranakhon Rajabhat University on 31 January 2019. Prime Minister General Prayut Chan-o-cha will be invited to preside over the opening of this event, aimed at mobilizing the National Strategy to create a society with zero tolerance toward corruption.

 

 

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MIL-OSI Asia Pacific: Thailand and the Philippines Sign MOU on Information and Media Cooperation

Source: Government Of Thailand

INSIDE THAILAND

Thailand and the Philippines Sign MOU on Information and Media Cooperation


18 January 2019 (Readers 6)
    

Thailand and the Republic of the Philippines have signed a memorandum of understanding (MOU) to strengthen information and media cooperation between the two countries.

 

The signing ceremony took place at Government House in Bangkok on 17 January 2019. Representing the Thai government in signing the MOU was Minister to the Prime Minister�s Office Kobsak Pootrakool, while the Philippines was represented by Presidential Communications Operations Office Secretary Martin Andanar. 

 

After the ceremony, Minister Kobsak said that the MOU seeks to exchange news and information, as well as facilitating news production and reporting between Thailand and the Philippines. He cited the need for both Thailand and the Philippines to maximize the potential benefits for greater information exchange and media coordination.

 

Both countries are also aware of the need to boost information and media cooperation in order to combat fake news. As Thailand serves as ASEAN Chair in 2019, it will raise this issue for discussion in order to seek ways to tackle this problem more effectively at this year�s Conference of ASEAN Ministers Responsible for Information.

Meanwhile, Mr. Andanar said that the signing of the MOU is a vital event as ASEAN continues to evolve and its members strengthen their partnership. He also stressed his gratefulness to the Thai government for its collaborative efforts with the Philippines, citing that “the awareness, the understanding, and the knowledge that proceed from this endeavor underline the honored values we both uphold, in the profession of journalism and public relations.�

 

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