Former Argentine ambassador embraces PCA’s ruling

Former Argentine Ambassador to Thailand and Japan Felipe Frydman on July 24 voiced his support for the recent East Sea-related ruling of the Permanent Court of Arbitration (PCA) in The Hague.
Former Argentine ambassador embraces PCA’s ruling ảnh 1​Felipe Frydman published an article titled "Soslo el nombre es de China" (Only the name is from China) on perfil.com on July 24. (Photo: VNA)

Buenos Aires (VNA) – Former Argentine Ambassador to Thailand and Japan Felipe Frydman on July 24 voiced his support for the recent East Sea-related ruling of the Permanent Court of Arbitration (PCA) in The Hague, the Netherland.

In his article titled “Sólo el nombre es de China” (Only the name is from China) published on perfil.com, Frydman highlighted the judgment of the PCA on the case the Philippines brought against China which has invalidated China’s claims to most of the East Sea and historic rights to resources within the so-called nine-dash line.

He affirmed that the 1982 United Nations Convention on the Law of the Sea (UNCLOS) is an instrument for resolving disagreements between the claimants.

The UNCLOS says in case of disputes, involved countries should resort to negotiations or arbitration to settle their differences, he noted.

The lawsuit the Philippines filed against China was an unexpected move and China’s reaction to the verdict clearly shows its difficulties to act within the rules of international agreements, he added.-VNA

VNA

See more

Thailand ready to share experience with Vietnam in green urban development: officials

Thailand ready to share experience with Vietnam in green urban development: officials

Thailand is ready to share its experience and successful models in green urban development with Vietnam, as the two countries share many similar characteristics, including rapid urbanisation, traffic congestion, flooding, canal networks and growing demand for greener public spaces, Thai officials have said in recent interviews with the Vietnam News Agency.

KKP cuts GDP forecast, warns Thailand faces recession risk. (Photo: The Nation)

Thailand’s economy may face recession risk

In its latest report, KKP Research noted that Thailand’s vulnerability goes beyond its reliance on imported crude oil and liquefied natural gas (LNG). Disruptions to shipping routes in the Middle East could also worsen shortages of fertilisers, affecting agricultural output, as well as petrochemical feedstocks, which would impact the plastics and textile industries.

Thai Prime Minister Anutin Charnvirakul speaks before Thai Parliament in Bangkok. (Photo: Xinhua/VNA)

Thailand plans tighter, targeted fiscal 2027 budget

Thailand's fiscal 2027 budget is projected at around 3.78 trillion THB (nearly 118 billion USD), a 2% increase from the previous year, with a focus on targeted spending and cutting unnecessary expenses, according to Prime Minister Anutin Charnvirakul.

Fitch downgrades Philippines’ outlook to ‘negative’. (Illustrative photo: Reuters)

Fitch downgrades Philippines’ outlook to ‘negative’

The Outlook revision reflects rising risks to the Philippines' strong medium-term growth prospects from recent disruptions to public investment, exacerbated in the near-term by elevated exposure to the ongoing global energy shock.

The Singapore Maritime Technology & Research Roadmap is aimed at advancing the sector’s efficiency and sustainability. (Photo: businesstimes.com.sg)

Singapore unveils new roadmap to boost innovation in maritime sector

The Singapore Maritime Technology & Research Roadmap is aimed at advancing the sector’s efficiency and sustainability. It highlights priorities – including digital technologies, decarbonisation and operational integration – to boost resilience, productivity and innovation in Singapore’s maritime ecosystem. It also addresses structural issues such as manpower, land and sea space limitations.

Malaysia considers establishing strategic petroleum reserve

Malaysia considers establishing strategic petroleum reserve

Malaysia, which was previously a net exporter, has now become a net importer due to declining domestic production and rising consumption, with demand estimated at around 800,000 barrels per day compared to production of about 400,000 barrels per day.

Indonesia to halt diesel imports from July

Indonesia to halt diesel imports from July

The move is part of the Indonesian Government’s efforts to strengthen national energy independence by utilising palm oil as an alternative fuel, said Agriculture Minister Andi Amran Sulaiman.

Malaysia’s growing microplastics crisis is largely self-inflicted, driven by domestic waste, weak recycling practices and everyday plastic use, said experts. (Photo: New Straits Times)

Malaysia seeks solutions to microplastic crisis

Microplastics originating from domestic waste and wastewater are increasingly entering the food chain, posing serious threats to seafood safety and the livelihoods of coastal communities.