Japan has said that it will help Southeast Asian countries train large language models (LLM) in their local languages to promote the advancement of artificial intelligence (AI) in the region.
Indonesia launched its first electric vehicle (EV) battery plant on July 3, which is also the first of its kind in Southeast Asia.
Statistics Indonesia (BPS) has reported that the number of people categorised as poor in Indonesia has declined by 3.06 million, or around 2.22%, bringing the country’s poor population percentage into 9.03% in the last 10 years, acting chief secretary of the BPS Imam Machdi said on July 1.
Thailand's rice exports in the first five months of 2024 increased 16.5% year on year to nearly 4.06 million tonnes worth 94.6 billion THB (2.6 billion USD), but exports in the third quarter are expected to drop as compared to the first half of 2024, said President of the Thai Rice Exporters Association (TREA) Charoen Laothamatas.
Thailand’s cabinet on July 2 approved an additional 276 billion THB (7.4 billion USD) in borrowing for the 2024 fiscal year, of which 269 billion THB is for direct government use as well as funds for state enterprises to restructure debt.
The Lao Ministry of Public Security has announced the implementation of the relaxed visa policy to attract international arrivals and unlock the tourism potential through its “Visit Laos 2024” programme.
Thailand's economic growth is projected to be 2.4% in 2024, down from the 2.8% forecast in April, mainly due to weaker-than-expected exports and contracted public investment earlier this year, the World Bank (WB) said on July 3.
On July 1-2, 2024, the United States and the Philippines met under the U.S.- Philippines Trade and Investment Framework Agreement (TIFA). The TIFA meeting was co-chaired by Assistant U.S. Trade Representative for Southeast Asia Sarah Ellerman and the Philippine Department of Trade and Industry Undersecretary for International Trade Group Allan Gepty.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
