
Renewable Energy Investments and Feed-in Tariffs: Firm-Level Evidence from Southeast Asia
The implementation of a feed-in tariff has a significant and positive effect on firms’ investments in renewable energy projects.
The implementation of a feed-in tariff has a significant and positive effect on firms’ investments in renewable energy projects.
The COVID-19 pandemic posed unprecedented challenges for migrant workers in Thailand, who found themselves facing not only health risks but also economic and social hardships. Recognizing these challenges, the Asian Development Bank contracted a local-based civil society organization, Raks Thai Foundation, to implement a project aimed at addressing the plight of migrant workers in three provinces. It emphasized community-led prevention, the establishment of social protection systems, and economic support for jobless migrant workers.
The 6th Meeting of the Greater Mekong Subregion (GMS) Urban Development Working Group (UDWG) was held via web-based conferencing on 21 June 2023.
The 52nd GMS Tourism Working Group Meeting (TWG-52) was held on 21 November 2023. It was attended by senior and mid-level officials representing the National Tourism Organizations (NTOs) of the Greater Mekong Subregion (GMS) countries, Mekong Tourism Coordinating Office, development partners and organizations including the ASEAN Japan Centre, GMS Secretariat and private sector.
Cambodia recorded 4.4 million international tourist arrivals in the first 10 months of 2023, a 180% increase over the same period in 2022. Tourism Minister Sok Soken remarked that based on this figure, Cambodia is expected to receive approximately 5.4 million foreign visitors in 2023.
The digital marketplace prototype established by the Digital Economy Promotion Agency (DEPA) of the Government of Thailand garnered participation from 13,200 entrepreneurs from 75 markets across 25 provinces in the country. It generated an economic value of over 450 million baht (around $12.80 million).
ASEAN member countries agreed to fast track the implementation of cross-border payments in ASEAN at the 43rd ASEAN Summit in Jakarta, Indonesia. This paves the way for ASEAN member countries to utilize local currencies when transacting in the region and promote regional payment connectivity. This move encourages the use of local currencies to support cross-border trade and investment in the ASEAN region.
The ASEAN Federation of Forwarders Associations (AFFA) met on 2 December 2023 in Phnom Penh, Cambodia, for their 33rd annual meeting, and discussed facilitation of goods transportation via inter-governmental cooperation in the region.
ASEAN countries have emphasized the development of logistics services, infrastructure, and trade facilitation measures, and promoting intra-bloc connectivity.
This brief explores how bookings for alternative accommodations have soared in Southeast Asia and why stronger regulation can help maintain quality standards, increase tax revenue, and maximize local economic benefits.
This report analyzes the importance of Thailand's blue economy and examines ways to mobilize and scale up private sector investment to help bolster the country's sustainable blue development.