Thailand addresses aging population, declining birth rates

By
Sun, March 10, 2024 | 10:22 pm GMT+7

Thailand's Ministry of Social Development and Human Security has engaged in discussions to exchange opinions, seek solutions, and address the challenges of the country transitioning into an aging society and the younger generation's reluctance to have children.

Thai children. Photo courtesy of United Nations.

Thai children. Photo courtesy of United Nations.

Varawut Silpa-archa, Minister of Social Development and Human Security, chaired the workshop at the Queen Sirikit National Convention Centre.

The minister highlighted the demographic structure issues, including the declining birth rate and the increasing average lifespan. It is projected that by 2037, the proportion of children will decrease to 14.3%, while the elderly population will rise to 29.85%. Additionally, the workforce age group will diminish in number.

If the situation persists, Thailand's population could drop to just 31-32 million people in the next 60 years.

The meeting utilised the ‘World Cafe’ model to gather ideas from five groups: children and youth, working-age individuals, the elderly, people with disabilities and the underprivileged, and the ecosystem for family security. Its purpose was to facilitate the exchange of ideas and collaboratively design policies, measures, and actions to tangibly secure the well-being of Thai families and humanity.

The outcomes of this meeting will be presented at a United Nations conference on population by the end of April.

This aims to inform the global community about the widespread issue of declining birth rates, demonstrating Thailand's proactive measures and willingness to collaborate with international agencies to jointly address these challenges.

Comments (0)
  • Read More
S Korean firms pledge nearly $2 bln in new investments in Indonesia

S Korean firms pledge nearly $2 bln in new investments in Indonesia

South Korea's companies will increase their investment in Indonesia by $1.7 billion, Indonesian Economic Minister Airlangga Hartarto said on Monday after attending a meeting between a Korean business association and President Prabowo Subianto.

Southeast Asia - Thu, May 1, 2025 | 10:01 pm GMT+7

Malaysia develops sustainable semiconductor ecosystem

Malaysia develops sustainable semiconductor ecosystem

The Malaysian Investment Development Authority (MIDA), the Federation of Malaysian Manufacturing (FMM), and Bintang Capital Partners (Bintang Capital) on Monday announced a landmark MoU signed recently regarding the establishment of Bintang Semiconductor Impact Fund I (BSIF I).

Southeast Asia - Thu, May 1, 2025 | 9:59 pm GMT+7

Vietnam to become second-largest economy in Southeast Asia by 2036: CEBR

Vietnam to become second-largest economy in Southeast Asia by 2036: CEBR

The Centre for Economic and Business Research (CEBR), in its report World Economic League Table 2022, forecasts that Vietnam will become the second-largest economy in Southeast Asia after Indonesia and the 20th-largest economy in the world by 2036.

Southeast Asia - Thu, May 1, 2025 | 9:42 pm GMT+7

Vietnam conglomerate Vingroup's Q1 revenue surpasses $3 bln for first time

Vietnam conglomerate Vingroup's Q1 revenue surpasses $3 bln for first time

Vingroup, Vietnam's leading private conglomerate, recorded revenue of VND84.05 trillion ($3.3 billion) in the first quarter of 2025, its record high.

Companies - Thu, May 1, 2025 | 3:44 pm GMT+7

Work starts on expressway connecting Vietnam's Central Highlands with southeastern region

Work starts on expressway connecting Vietnam's Central Highlands with southeastern region

Construction on Tuesday began on the first component of Gia Nghia town (the Central Highlands province of Dak Nong)-Chon Thanh town (the southeastern province of Binh Phuoc) section of the North-South Expressway.

Infrastructure - Thu, May 1, 2025 | 2:46 pm GMT+7

Final sections of central Vietnam’s longest sea-crossing bridge joined

Final sections of central Vietnam’s longest sea-crossing bridge joined

Authorities of Hue city in central Vietnam on Wednesday held a ceremony to celebrate the joining of the final sections of Thuan An sea-crossing bridge, a landmark infrastructure project with significant implications for local development and tourism.

Infrastructure - Thu, May 1, 2025 | 2:35 pm GMT+7

Lach Huyen port will achieve 70% of year's target in worst-case scenario: exec

Lach Huyen port will achieve 70% of year's target in worst-case scenario: exec

Lach Huyen deep-water port, the largest of its kind in northern Vietnam, would see its cargo volume decline by 30-50% if the U.S. maintains its 46% reciprocal tariff on Vietnam and the U.S.-China trade tensions escalate, said CEO of Port of Hai Phong JSC (Hai Phong Port) Nguyen Tuong Anh.

Companies - Thu, May 1, 2025 | 12:24 pm GMT+7

Taiwan electronics firm Lite-On to invest extra $25 mln for expansion in Vietnam

Taiwan electronics firm Lite-On to invest extra $25 mln for expansion in Vietnam

Taiwan-based Lite-On Technology Corporation, a world leader in optoelectronics and power management solutions, will invest an additional $25 million in Vietnam as part of its expansion plan in the Southeast Asian country.

Industries - Thu, May 1, 2025 | 12:13 pm GMT+7

Petrovietnam on track to restart $1.5 bln thermal power plant project in southern Vietnam

Petrovietnam on track to restart $1.5 bln thermal power plant project in southern Vietnam

State-owned energy giant Petrovietnam is on track to resume the Long Phu 1 thermal power project, located in the Mekong Delta province of Soc Trang, after six years of suspension.

Energy - Thu, May 1, 2025 | 12:10 pm GMT+7

Vietnam's steel industry will see 'turning points': Hoa Phat CEO

Vietnam's steel industry will see 'turning points': Hoa Phat CEO

The U.S. imposition of tariffs will not directly affect Vietnam's steel industry, while the industry is expected to record turning points as demand for infrastructure development surges, said Nguyen Viet Thang, CEO of Hoa Phat Group.

Companies - Thu, May 1, 2025 | 8:17 am GMT+7

Vietnam's leading property developer Novaland sets sights on strong recovery in 2025

Vietnam's leading property developer Novaland sets sights on strong recovery in 2025

Novaland, Vietnam's leading property developer, is setting its sights on a strong recovery in 2025, with plans to issue nearly 7,000 land-use right certificates and accelerate handovers in the fourth quarter.

Companies - Wed, April 30, 2025 | 3:12 pm GMT+7

Vietnam's private lender Eximbank aims for 23.8% growth in 2025 pre-tax profit  

Vietnam's private lender Eximbank aims for 23.8% growth in 2025 pre-tax profit  

Eximbank, among the leading mid-sized banks in Vietnam, targets a consolidated pre-tax profit of VND5.2 trillion ($200 million), an increase of VND1 billion or 23.8% compared to 2024, marking the bank's record-high profit.

Banking - Wed, April 30, 2025 | 1:19 pm GMT+7

Japan's IHW eyes 2.5 ha, world-class hospital project in northern Vietnam

Japan's IHW eyes 2.5 ha, world-class hospital project in northern Vietnam

Japan's International Healthcare and Welfare Group (IHW) is keen on building a 2.5-hectare, world-class hospital in the capital city's North Hanoi Smart City area.

Industries - Wed, April 30, 2025 | 12:37 pm GMT+7

Vietnam's military-run telco giant Viettel builds one of Southeast Asia’s largest data centers

Vietnam's military-run telco giant Viettel builds one of Southeast Asia’s largest data centers

Military Industry and Telecoms Group (Viettel) has broken ground on a state-of-the-art data center in Ho Chi Minh City, set to become one of the largest in Southeast Asia and the first in Vietnam to have such a hyperscale capacity.

Industries - Wed, April 30, 2025 | 11:28 am GMT+7

Grand military parade, procession to celebrate Vietnam's 50th anniversary of National Reunification

Grand military parade, procession to celebrate Vietnam's 50th anniversary of National Reunification

A spectacular military parade and civilian procession took place along Le Duan Boulevard in District 1, Ho Chi Minh City on Wednesday to celebrate Vietnam's 50th anniversary of the Liberation of the South and National Reunification (April 30, 1975 - April 30, 2025).

Politics - Wed, April 30, 2025 | 11:05 am GMT+7

Vietnam PM requests more aircraft, LNG, agi import contracts with US in May

Vietnam PM requests more aircraft, LNG, agi import contracts with US in May

Prime Minister Pham Minh Chinh has requested relevant Vietnamese authorities to urgently negotiate and sign contracts in May for import of goods from the U.S., such as LNG, aircraft, medicine, and agricultural products, to ensure a sustainable trade balance.

Economy - Wed, April 30, 2025 | 10:25 am GMT+7