Economics
Think tanks prove valuable
Institutions play an important role in getting data to serve as decision-makers’ reference, Hu Yongqi reports.In the main building of the Chinese Academy of Social Sciences (CASS) in downtown Beijing, Xu Jin and his colleagues were preparing to move to a new office. Everything was packed, except for a mountain of questionnaires and documents.In the past two months, researchers have collected 4,000 copies of a questionnaire about the workforce in Shanghai and the provinces of Zhejiang and Jiangsu. The papers were safely locked up in a meeting room, along with some other publications, to ensure they weren’t lost in the move.Xu, deputy director of the Institute of Population and Labor Economics, said the institute conducts about 30 research projects in the field of labor economics each year. The safety of the workforce questionnaires was crucial because Xu and his colleagues had collected precise data that would be used to offer advice to the central government.Population and labor are crucial in the formulation of national policy.
Institutions play an important role in getting data to serve as decision-makers’ reference, Hu Yongqi reports.In the main building of the Chinese Academy of Social Sciences (CASS) in downtown Beijing, Xu Jin and his colleagues were preparing to move to a new office. Everything was packed, except for a mountain of questionnaires and documents.In the past two months, researchers have collected 4,000 copies of a questionnaire about the workforce in Shanghai and the provinces of Zhejiang and Jiangsu. The papers were safely locked up in a meeting room, along with some other publications, to ensure they weren’t lost in the move.Xu, deputy director of the Institute of Population and Labor Economics, said the institute conducts about 30 research projects in the field of labor economics each year. The safety of the workforce questionnaires was crucial because Xu and his colleagues had collected precise data that would be used to offer advice to the central government.Population and labor are crucial in the formulation of national policy.
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Think tanks prove valuable
Economics
National News Bureau Of Thailand
BANGKOK (NNT) – The Commerce Ministry has launched measures to increase rice exports to 6 million tons this year, valued at around 150 billion baht, with Indonesia, China, Bangladesh and Iraq set to be the main markets under government-to-government (G2G) deals.
Commerce Minister Jurin Laksanawisit said G2G deals and a campaign to make Thai rice more recognizable around the world will spearhead efforts to increase the export volume from last year’s 5.7 million tons.
He said the ministry is working with the Thai Rice Exporters Association to promote Thai rice under the “Think Rice, Think Thailand” campaign, adding that Thailand successfully made Thai rice become better known in Canada, increasing its exports to the country by 21% to 120,000 tons last year.
Mr Jurin said one of the distinctive characteristics of Thai rice is its very low sugar content. This would make it the preferred choice among Canadians as 28% of the Canadian population has high blood sugar levels.
Economics
Bangkok Metropolitan Energy Authority (MEA) partners with Chineses owned Newsky Energy (Thailand) Company
The MEA has signed a Memorandum of Understanding with private firm Newsky Energy Thailand on co-investment arrangements for waste-to-energy power plants in the Nong Khaem and On Nut districts of Bangkok, a project costing about 10 billion baht.
MEA Governor Kirapat Jiamset, said today that each of the waste-to-energy plants will have a generating capacity of 35 megawatts of electricity using 1,000 tons of waste as fuel each day.
Mr Kirapat said the two power plants will be introduced along with the smart grid system, which allows communities in service areas to receive power entirely from these plants, independent of the main power lines.
New Sky Energy Thailand CEO He Ning said the company has been working with the Bangkok Metropolitan Administration to operate a waste-to-energy incinerator at Nong Khaem dump, which converts 500 tons of garbage into electricity each day.
Operating since 2016, Mr Ning said the incinerator has been continuously feeding electricity to the MEA, with systems in place to take care of the environment and nearby communities.
The proposed new waste-to-energy plants are currently in the public consultation process. The construction of these projects is expected to commence later this year, and come online in the electricity grid in 2024.
According to the Department of Business Development, Newsky Energy (Thailand) Company Limited is currently registered as an electric power generation and transmission company in Thailand. The company is 100% owned by Chinese investors and reported a -7.25% net profit in the fiscal year 2019.
Economics
Thailand sets export growth target at 4% for 2021
BANGKOK (NNT) – Thailand has seen export growth of 0.35 per cent in the first month of the year. The Commerce Minister has ordered the Department of International Trade Promotion to advance an action plan to accelerate growth, which is set at 4 per cent this year.
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