China, Japan to sign MoU with Thailand’s Eastern Economic Corridor
The Thai Eastern Economic Corridor (EEC) Office is scheduled to sign a Memorandum of Understanding (MoU) with the China Development Bank (CDB) and the Japan Bank for International Cooperation (JBIC) for financial support of investment projects next week, according to Thailand’s media.
Thailand's Deputy Prime Minister Prajin Juntong and other officials attend the Smart City Thailand Takeoff event (Photo: www.bangkokpost.com)
Bangkok (VNA) – The Thai EasternEconomic Corridor (EEC) Office is scheduled to sign a Memorandum ofUnderstanding (MoU) with the China Development Bank (CDB) and the Japan Bankfor International Cooperation (JBIC) for financial support of investmentprojects next week, according to Thailand’s media.
Nathporn Chatusripitak, spokesman of DeputyPrime Minister Somkid Jatusripitak, said the cabinet on May 14 approved thedraft MoU that is due to be signed by the three parties on May 21 inBeijing.
The CDB is a state-owned bank focusing onproviding loans and investment for infrastructure projects and otherdevelopment ones in China.
It also supports overseas development projectsin response to the government policy for sustainable growth and Chinesecompanies’ active overseas expansion.
The JBIC is a financial institution aiming tosupport the development of the Japanese and international economies.-VNA
The Thai government has launched a joint investment programme with the private sector to develop a digital park in the Eastern Economic Corridor (EEC) to promote investment in high-tech and innovative industries.
Thailand's Laem Chabang Port and China's Qinzhou Port have signed a sister port agreement to promote trade and maritime connectivity between Thailand and China, both of which will set up a joint working group and host a biennial meeting.
The Thai Government will test 5G services in the Eastern Economic Corridor (EEC) in preparation for the development of S-Curve and new S-Curve industries.
The Board of Investment (BoI) of Thailand recently approved five investment projects worth a total of 40.46 billion THB (nearly 1.3 billion USD) during a meeting chaired by Prime Minister Prayut Chan-o-cha, reported Thai media on February 26.
Thailand’s Digital Economy Promotion Agency (DEPA) plans to open and begin operating three research and development (R&D) centres in June, comprised of an artificial intelligence (AI) lab, an augmented reality/virtual reality (AR/VR) lab, and Maker Space – an innovative device design centre.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Thailand's Deputy Prime Minister Prajin Juntong and other officials attend the Smart City Thailand Takeoff event (Photo: www.bangkokpost.com) 
