Thailand deploys rainmaking planes to battle drought, pollution
The Thai government plans to deploy 30 aircraft nationwide for cloud-seeding operations to induce artificial rain to battle air pollution and ease dry weather conditions in the main crop-growing areas.
The annual royal rainmaking program began on February 29, with seven centers set up across the country to coordinate efforts in all the 77 provinces for operations in March and April.
This year’s operations will rely on 24 aircraft from the Department of Royal Rainmaking and Agricultural Aviation and six jets from the Royal Thai Air Force.
Agriculture Minister Thamanat Prompow said that rainmaking is necessary to ease the impact of climate change on the agricultural sector and prevent hailstorms and forest fires in some regions of the country. The artificial rain will also ease persistent pollution problems such as smog and unhealthy levels of fine particulate matter known as PM2.5.
According to the Meteorological Department, this year's summer season officially began on February 21 and will last until mid-May with the temperature forecast to rise as high as 44.5 degrees Celsius in some areas.
A combination of humidity, wind and other factors last year pushed the heat index to a record of over 50 degrees Celsius in parts of the country, pushing electricity demand to the highest level ever.
Bangkok, Chiang Mai and other cities have grappled with poor air quality in recent years, with pollution tending to get worse in the dry season starting around December due largely to agricultural burning, forest fires in neighbouring countries, and vehicular emissions.
- Read More
Vietnam to block customs clearance for purchases on unregistered online platforms
The General Department of Vietnam Customs (GDVC) has requested local customs authorities not clear shipments purchased via cross-border shopping platforms that have yet to register with the Ministry of Industry and Trade.
Economy - Sun, November 10, 2024 | 11:10 am GMT+7
Central counterparty clearing mechanism key to facilitating Vietnam stock market upgrade: exec
A central counterparty clearing (CCP) mechanism is key to removing prefunding hitches and drawing more foreign investors to Vietnam’s stock market, said Ta Thanh Binh, general director of Vietnam Securities Depository and Clearing Corporation (VSDC).
Finance - Sun, November 10, 2024 | 9:00 am GMT+7
Vietnam semiconductor workforce meets just 20% of industry demand: academic
Vietnam faces a significant shortage of semiconductor workers, with the country currently meeting just 20% of actual demand, said a senior academic.
Economy - Sun, November 10, 2024 | 7:50 am GMT+7
Hot real estate prices not a good sign for Vietnam: association exec
Recent fluctuations in real estate prices in suburban areas and the surge in land auction prices are issues of concern, said Nguyen Van Dinh, vice chairman of the Vietnam Real Estate Association (VNREA).
Real Estate - Sat, November 9, 2024 | 9:27 pm GMT+7
200 billionaires to attend Art for Climate Festival in northern Vietnam
Around 200 billionaires are expected to attend an Art for Climate Festival that the United Nations Alliance for Sustainable Development Goals (UnASDG) is jointly organizing early next year in the northern province of Quang Ninh.
Industries - Sat, November 9, 2024 | 7:18 pm GMT+7
Vietnam can achieve two-digit GDP growth if bottlenecks removed: PM
Vietnam can achieve two-digit GDP growth rates in the coming decades if institutional bottlenecks are cleared and all resources are mobilized, Prime Minister Pham Minh Chinh asserted at a regular cabinet meeting on Saturday.
Economy - Sat, November 9, 2024 | 4:14 pm GMT+7
PYN Elite sees returns down 1.7% in October, first time since May
Finland-based PYN Elite Fund has said it recorded returns of negative 1.7% month-on-month in October, the first decline since May this year.
Finance - Sat, November 9, 2024 | 2:26 pm GMT+7
Philippines’ rice imports surpass 2023 level
The Philippines’ rice imports so far this year have surpassed last year's level and can hit 4.2 million metric tons by end-2024, said Department of Agriculture's technical advisory group member and former undersecretary for rice industry development Leocadio Sebastian.
Southeast Asia - Sat, November 9, 2024 | 1:58 pm GMT+7
Indonesia, Canada discuss expediting completion of comprehensive economic pact
Indonesian Deputy Trade Minister Dyah Roro Esti expressed optimism that the 10th round of the negotiations on the Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) will run smoothly and produce a substantial agreement.
Southeast Asia - Sat, November 9, 2024 | 1:54 pm GMT+7
Indonesia considers Apple’s $10 mln investment proposal
Indonesian Deputy Minister of Industry Faisol Riza said at a Wednesday press meet that he has heard about Apple's plan to invest $10 million in Indonesia and hoped that this commitment will be fulfilled.
Southeast Asia - Sat, November 9, 2024 | 1:50 pm GMT+7
Indonesia shifts focus to upgrading existing airports
Indonesia has decided to put the brakes on a IDR14 trillion (over $888 million) project to build a fourth terminal at Soekarno-Hatta International Airport, the country's largest and busiest aviation hub.
Southeast Asia - Sat, November 9, 2024 | 1:46 pm GMT+7
Chairman of Vietnam's leading corp. BIM Group passes away
Doan Quoc Viet, chairman and founder of BIM Group, one of Vietnam's largest multi-sector corporations, died on Thursday at the age of 70.
Companies - Sat, November 9, 2024 | 12:43 pm GMT+7
Vietnam's T&T Energy, China firms to cooperate in battery energy storage systems
T&T Energy Group JSC, under Vietnamese conglomerate T&T Group, will collaborate with Chinese firms Cospowers and Goldwind in battery energy storage systems (BESS).
Energy - Sat, November 9, 2024 | 12:12 pm GMT+7
Taiwan firms opens $15 mln factory in Vietnam, to export cameras, lens to Japan, US
Ability Electronics Technology Vietnam, under Taiwanese manufacturer and designer of optical devices Ability Enterprise, opened its $15 million factory in the northern province of Vinh Phuc on Friday.
Industries - Sat, November 9, 2024 | 10:41 am GMT+7
Vietnam’s long-term appeal for FDI to boost industrial real estate stocks: analysts
Vietnam’s long-term appeal for foreign direct investment is likely to boost the stocks of industrial real estate developers in the near future, analysts say.
Industrial real estate - Sat, November 9, 2024 | 9:29 am GMT+7
'Trump' a keyword in economic outlook for 2025: Dragon Capital exec
The biggest unknown and major factor affecting global economic outlook in 2025, including that of Vietnam's, will be Donald Trump's second term as U.S President, says Le Anh Tuan, head of Investment at Dragon Capital Group.
Economy - Sat, November 9, 2024 | 7:59 am GMT+7