The Latest Breaking News from APEC

Economies in the Asia-Pacific are forecast to hit the doldrums this year as decades-high inflation and the war in Ukraine add to uncertainty and the aftereffects of the pandemic

Intergovernmental forum forecasts 2.5 percent growth in 2022, down from 3.2 percent in May.

Key business people are preparing to propose five-point recommendations, including the long-delayed Free Trade Area of the Asia-Pacific (FTAAP), which is part of regional economic recovery plans, to 21 leaders of the Asia-Pacific Economic Cooperation (Apec) when they meet in Bangkok later this year.

The post-censure debate period may pose less of a hassle for the government, with the growing prospect of a return to power of the current coalition parties after the next election, say political scientists.

The Bio-Circular-Green (BCG) model, Thailand's new economic model for inclusive and sustainable growth, can boost business opportunities after the pandemic has subsided, local experts told an Asia-Pacific Economic Cooperation (APEC) forum yesterday.

The Thai business sector is gearing up for the hosting of the Apec CEO Summit in Bangkok this year, expecting the meeting to lead to business insights post-pandemic and a boost in economic activity during the three-day summit in mid-November.

Thailand and the United States on Sunday agreed to strengthen cooperation and advance their partnership as both nations prepare to mark the 190th anniversary of their ties next year.

U.S. Secretary of State Antony Blinken said on Sunday the United States expects President Joe Biden and Chinese leader Xi Jinping will have the opportunity to speak in the weeks ahead.

Thailand hopes to see its status in the annual US human trafficking report upgraded and would like the US president to attend the Apec summit this year, government spokesman Thanakorn Wangboonkongchana said on Sunday.

A recent visit to Thailand by Chinese State Councillor and Foreign Minister Wang Yi as part of his two-week diplomatic mission comes as both nations mark the 10th anniversary of the China-Thailand strategic cooperative partnership.

Prime Minister Prayut Chan-o-cha has invited the Chinese to scale up their investment in Thailand, saying the country's strategic location perfectly positions it as a hub for regional logistics.