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What do Thai youth think about the future and their country’s priorities?

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Thailand has come a long way and represents an impressive development story: it has drastically reduced the number of poor people from nearly 70% of the population in 1986 to 11% in 2013 and its economy grew at an average annual rate of 7.5% in the late 1980s and early 1990s, creating jobs that helped pull millions of people out of poverty.

However, challenges remain as there are still 11% – 7 million – of the population living below the poverty line, and another 7 million or so who remain highly vulnerable to falling back into poverty. Although inequality has declined over the past 30 years, the distribution in Thailand remains unequal compared with many countries in East Asia. Significant and growing disparities in household income and consumption can be seen across and within regions of Thailand, with pockets of poverty remaining in the Northeast, North, and Deep South. Today, the Thai economy faces headwinds, and growth has been modest. Export competitiveness is sliding, and a severe drought is expected to weigh on off-season rice production. Poverty is expected to continue to fall at a slower rate, with poor households concentrated in rural areas affected by falling agricultural prices. The country is now at a critical time since the new draft constitution won approval by a majority.

“What do you hope for Thailand’s future?” was a question we asked Thai youth earlier this year as part of the World Bank’s nationwide engagement process in developing the  Systematic Country Diagnostics for Thailand, a study that aims to identify development priorities to end extreme poverty and share prosperity widely.

Apart from a series of public engagement meetings with stakeholders from local government agencies, civil society, NGOs, academia and the private sector, we also kicked off a special way to gather the views of Thailand’s younger generation and to encourage them to be part of the dialogue on what they hope for the country.
 
A ‘Wall of Hope’ backdrop was set up at universities in Bangkok, Pattani, and Chiang Mai, and a public space in Udon Thani, to gather and ensure voices from different regions were included.  More than 500 Thai youths were asked to write down on a postcard their own personal views on what they think are Thailand’s development priorities.

Their responses and concerns covered a vast array of development issues that the country is already working on. What the youth mentioned offers  perspective and brings to the spotlight several challenges that remain dominant in the minds of many across the country, such as access to quality education, reconciliation across social and political divisions and an effective law, justice and democracy, human rights and equality.  
 

Differences between rural and urban youth

In Bangkok: Living in the capital city, a majority of youth hope, first and foremost, to see true reconciliation across social and political divisions. Seeing their conviction for significant change and that the country and its people will be stronger together was incredibly inspirational.

“I hope Thai people…

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Business

EU’s Solar Initiatives in Southeast Asia Impacted by US-China Trade Tensions

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中国拥有的太阳能公司在东南亚,尤其是泰国、越南、马来西亚和柬埔寨,正面临潜在的挑战和机遇。


Challenges for Chinese Solar Companies in Southeast Asia

Chinese-owned solar companies in Southeast Asia, especially in Thailand, Vietnam, Malaysia, and Cambodia, are encountering significant challenges. These nations are becoming crucial markets for solar energy; however, increased competition and regulatory hurdles are complicating their operations.

Regulatory Hurdles

Many Southeast Asian governments are implementing stricter regulations for foreign investments in renewable energy sectors. This development may hinder Chinese companies’ ability to navigate local laws and establish a strong foothold in these growing markets.

Market Competition

Beyond regulatory challenges, the competition among local and international solar companies is intensifying. To succeed, Chinese firms must innovate and adapt their strategies to meet regional demands while maintaining cost-effectiveness and securing partnerships with local entities.

Source : EU’s solar plans in SE Asia caught in US-China trade war

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Business

Malaysia Launches ‘Luxury’ Durian Exports to China as Indonesia Eyes Market Opportunities

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Malaysia has begun exporting fresh durian to China, targeting high-end consumers with 40 tonnes shipped in phases. China, the largest durian buyer, may eventually import from Indonesia pending compliance with standards.


Malaysia’s Fresh Durian Shipment to China

Malaysia has successfully sent its first shipment of fresh durians to China, aiming to capture the interest of a market largely supplied by Thailand and Vietnam. This shipment includes 40 tonnes released in three phases, as announced by Deputy Agriculture and Food Security Minister Datuk Arthur Joseph Kurup. China represents the world’s largest durian importer, having purchased 1.4 million tonnes last year, with a significant portion sourced from Thailand.

Emphasis on Quality

Malaysian exporters, having met China’s phytosanitary requirements, are focusing on the quality of their products rather than sheer volume. Lim Chin Khee from the Durian Academy states that Malaysian durians are considered luxury items, targeting high-end consumers. The first shipment of 20 tonnes has already reached the Zhengzhou Xinzheng International Airport, fetching prices that can reach 200 yuan (approximately $28) per fruit.

Indonesia’s Durian Prospects

Indonesia is also exploring opportunities in the Chinese durian market, with discussions surrounding compliance to China’s phytosanitary standards ongoing. As reported, Indonesian officials are eager to establish a protocol that could facilitate durian exports, considering the strong demand in China. Lynn Song from ING emphasizes that should these negotiations succeed, Indonesian durians could effectively carve a niche in the burgeoning market.

Source : Malaysia starts ‘luxury’ durian exports to China as Indonesia sniffs the market

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Business

Vietnam’s Exports of Fruits and Vegetables to Thailand Surge by 70%

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Thailand has become Vietnam’s fourth largest fruit and vegetable market, with exports rising significantly, particularly in durians, as Thailand faces supply shortages due to droughts.


Growth in Bilateral Trade

Thailand has risen to become Vietnam’s fourth-largest market for fruits and vegetables, according to recent customs data from the Vietnam Fruit and Vegetable Association. This shift from sixth place last year is largely attributed to increased demand, particularly for frozen durian. China continues to dominate as the top buyer, importing nearly $2.5 billion worth, a 25% increase.

Rising Imports and Export Dynamics

The United States and South Korea have also contributed to this growth, with imports from Vietnam surging by 31% and 51%, totaling $189 million and $188 million, respectively. Overall, Vietnam’s exports reached an estimated $4.6 billion, a 29% increase, as the country capitalizes on year-round durian cultivation.

Changing Trade Relationships

The trade landscape between Vietnam and Thailand has transformed significantly over the past decade. Thailand, once the leading supplier of fruits and vegetables to Vietnam, saw its imports drop to just $46.5 million in 2023. However, imports have surged 35% this year, reaching $32 million, with popular items including dates and mangosteens.

Source : Vietnam fruit, vegetable exports to Thailand rise by 70% – VnExpress International

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