The ASEAN Sugar Alliance says there will be a global sugar deficit of about 2.5 million tonnes in 2019-20, and prices are expected to firm following a number of years of falling prices and surplus stocks. The prediction was reported at the fourth meeting of the ASEAN Sugar Alliance in Ho Chi Minh City yesterday.
Thailand faces two major challenges in 2019 – conducting a general election and chairing the Association of South-east Asian Nations (ASEAN). Mishandling either task would invite serious damage to both the country and the wider region, according to a New Year editorial in The Nation
The Ministry of Foreign Affairs has announced that Thailand will assume the ASEAN chairmanship next year. ASEAN has ten member states.