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Emerging technologies can help APEC economies combat corruption

Harnessing emerging technologies, such as artificial intelligence and machine learning (AI/ML) and blockchain, to strengthen transparency and accountability can help Asia-Pacific Economic Cooperation (APEC) economies combat corruption and build public trust.

In a news alert, APEC Policy Support Unit (PSU) senior analyst Emmanuel San Andres and researcher Glacer Niño Vasquez said emerging technologies offer powerful tools to prevent, detect and deter corruption.

San Andres and Vasquez cited as an example AI/ML which enables real-time monitoring, risk scoring, pattern detection, and predictive analytics.

“These tools can support monitoring and investigation by automating document review and evidence gathering. AI/ML can also enhance institutional capacity through adaptive, personalized training systems,” they said.

San Andres and Vasquez said advanced data analytics can support the review of large volumes of data, revealing patterns of corrupt activity and informing decision-making.

“When data from different sources are connected, it becomes easier to understand corruption risks early and act with greater precision,” they added.

The authors said blockchain, the technology that enables cryptocurrencies, can be used to create immutable, transparent ledgers for government transactions, supply chain monitoring and secure identity management, making it harder to conceal corrupt activity.

“Remote sensing and facial recognition technologies also offer potential in compliance monitoring and anomaly detection,” they said.

However, San Andres and Vasquez underscored that implementing these emerging technologies presents challenges and risks.

“The effectiveness of AI/ML systems is only as good as the quality, integrity and objectivity of the data they are fed; biased inputs can produce biased outcomes,” they said. “Blockchain technology is very energy-intensive, which may hinder its scalability and availability. Facial recognition raises serious concerns over privacy and due process, enabling widespread surveillance without individual consent.”

San Andres and Vasquez said these trends mirror growing international momentum around the digitalization of integrity systems, while offering a timely opportunity for APEC economies to shape global standards while advancing domestic reform.

They also cited the importance of recognizing the central role of human and institutional elements in anti-corruption efforts.

“Emerging technologies are not a silver bullet; they will only be effective if they are well integrated into government processes and are aligned with the skills of the people who need to use them,” the authors said.

Further, San Andres and Vasquez said training and capacity building will be essential to bridge capability gaps, while a committed leadership will be needed to implement the legal reforms and oversight structures needed to ensure effective adoption.

They said buy-in from anti-corruption stakeholders across government, the private sector and civil society is also crucial to this pursuit.

“Technologies like AI/ML and advanced analytics require large volumes of reliable data, requiring cooperation and information sharing. Public understanding and trust, ethical use of data and equitable access to technology are all essential to ensuring long-term success,” they added.

PHILEXPORT News and Features
Published: August 1, 2025
Photo source: Canva

Cambodia: Pursat solar power plant inaugurated

A 10-megawatt solar power plant, combined with an energy storage battery system developed by SchneiTec ZEALOUS, has officially begun operations in Pursat province.

The inauguration ceremony took place at the project site in Sna Ansa commune, in Krakor district. The event was attended by Keo Rottanak, Minister of Mines and Energy,  Uneno Atsushi, Japanese Ambassador to Cambodia, Khoy Rida, governor of Pursat Province, and many other stakeholders.

In his opening remarks, the Pursat governor drew attention to how political stability and the close attention of the authorities at all levels have made Pursat an attractive location for investment in many sectors. At present, Pursat is a key area for solar and hydroelectric investment.

“Today, Pursat province is seeing remarkable growth, transforming from a transit province into one full of industrial and tourism investment appeal,” he said.

Energy minister Rottanak noted how the seventh-mandate government is working to strengthen economic partnerships with the private sector through the implementation of several new policies aimed at attracting foreign direct investment. He emphasised how the solar project inaugurated today is vital in supporting the province’s economic development.

He added that it will help supply Cambodia’s national grid and promote the development of renewable energy in the country, ensuring a stable energy supply through low-carbon sources, paving the way towards carbon neutrality.

“This project was invested in by Chugoku Electric Power Company, one of Japan’s leading electric power companies, in cooperation with SchneiTec Zealous, which is already established in Cambodia,” he continued.

Japanese Ambassador Ueno Atsushi stated “This solar power and battery storage project will help meet Cambodia’s growing electricity demands and contribute to greenhouse gas reduction efforts,” added Japanese ambassador Ueno.

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Source: The Phnom Penh Post 

Philippine energy major to explore market opportunities in Cambodia

Synopsis: The Kingdom’s energy sector has been on an expansion path with many global giants showing active interest in exploring investment opportunities.

Citicore Renewable Energy Corporation (CREC), a major player in the energy scene of the Philippines, is all set to explore market opportunities in the Kingdom.

This was revealed by Oliver Tan, President and CEO of CREC, during an interview with Singapore-based business daily The Business Times.

“Cambodia is really exciting because of its strategic geographical location, especially in terms of the Asean power grid, and its land mass,” Tan said.

He said Cambodia offers many advantages compared to other Asean countries such as Thailand. “Comparatively, property in Thailand is expensive because of how the country markets itself as a tourist destination, and hence, building solar facilities there could be relatively difficult.”

Tan added that energy transition ambition across the Asean region offers great opportunities for the company in the days to come.

The visit by Prime Minister Hun Manet to the Philippines in February provided a perfect platform for many leading companies there to explore investment opportunities in the Kingdom.

CREC is a leading pure renewable energy developer and operator of solar, run-of-river hydro, and offshore wind energy platforms in the Philippines and is now focusing on a major expansion plan across Southeast Asia and beyond.

Indonesian energy giant PT Pertamina last year acquired a 20 percent stake in the Philippine company, with its public float accounting for another 20 per cent and the remainder owned by parent company Citicore Power.

The Kingdom’s energy sector has been on an expansion path with many global giants showing active interest in exploring investment opportunities.

French behemoth TotalEnergies said last month that the company is seriously exploring investment opportunities in the Kingdom.

Mehmet Celepoglu, TotalEnergies Deputy Director for Oceania and Southeast Asia region, also held a meeting with Keo Rottanak, Minister of Mines and Energy, at the ministry headquarters in Phnom Penh, and discussed investment opportunities.

Many Chinese and Korean companies have also expressed interest in the Kingdom’s energy sector.

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Source: Khmer Times

Digital shift propels market expansion as Thailand's economy adapts

The Thai retail sector experienced robust growth in 2024, expanding by 6.02% to 4.51 trillion Baht, a trend largely propelled by the booming online market. This mirrors a global phenomenon where e-commerce is increasingly driving retail expansion, with worldwide sales reaching approximately $18.60 trillion in 2024, significantly influenced by the Asia-Pacific region and digital channels.

While offline sales still dominate in Thailand, online retail's share has surged from 20.45% in 2022 to 23.50% in 2024, marking a remarkable 379% increase compared to 2019. The Trade Policy and Strategy Office (TPSO) forecasts continued expansion for Thailand's retail sector, anticipating an average annual growth rate of 4.5% between 2024 and 2029, with the market expected to reach 5.61 trillion Baht by 2029.

This growth is primarily attributed to the rise of online commerce, the resurgence of tourism, and supportive government stimulus policies. However, the sector also faces potential challenges such as economic volatility, high household debt, and intense competition. Globally, retail sales are projected to grow at an average annual rate of 2% between 2024 and 2029, with the global market exceeding $20.8 trillion by 2029. A significant 64% of this global growth is expected to originate from the Asia-Pacific region, with online sales contributing an estimated 74% of all retail sales growth.

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Thai Businesses Turn to AI for Cost Savings and Competitive Edge

Thai businesses, ranging from startups to large corporations, are rapidly embracing Artificial Intelligence (AI) to achieve significant operational efficiencies, reduce costs, and enhance decision-making, marking a crucial step towards a more digitally competitive economy. This widespread adoption is evident across various sectors, including translation services, customer service, manufacturing, healthcare, energy, logistics, and e-commerce.

A key driver of this shift is the accessibility of AI, particularly through the rise of small language models and open-source AI platforms. These tools are making advanced AI technology more affordable and scalable, allowing even small and medium-sized enterprises (SMEs) to integrate AI into their operations, thereby fostering inclusive digital growth.

The momentum behind AI adoption in Thailand is substantial, with the AI market projected to reach 114 billion baht by 2030, driven by an impressive 28.55% annual growth rate. AI is actively replacing repetitive manual tasks, reducing waste, and spurring innovation across industries. For instance, in translation services, AI dramatically boosts productivity and cuts costs. Chatbots and virtual assistants are streamlining customer inquiries in banking and telecommunications, leading to cost reductions of up to 30%.

In manufacturing, firms are leveraging AI's predictive analytics to prevent costly equipment failures and optimize supply chains. Similarly, AI systems in energy and logistics are contributing to lower utility bills and more streamlined operations. The e-commerce sector benefits from AI's ability to personalize shopping experiences and accelerate product launches, while hospitals are deploying vision AI for diagnostic assistance, reducing workload and costs.

Furthermore, governmental support and a strong interest from the workforce in AI upskilling are crucial factors overcoming adoption barriers. Public incentives and the eagerness of Thai workers to acquire AI skills are positioning the nation's economy for sustainable digital competitiveness and continued growth in the AI landscape.

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Thailand’s Strategic Position in ASEAN Supply Chains: Reshoring, Realignment, and Risk Management

Thailand is strategically positioned as a critical hub within ASEAN supply chains, playing a significant role in global trends of reshoring, realignment, and risk management. Its appeal stems from a combination of advantageous geographic location, well-developed infrastructure, and business-friendly governmental policies, making it a prime destination for companies seeking to diversify their manufacturing and logistics operations away from areas susceptible to disruptions, such as China.

A cornerstone of Thailand's logistical prowess is its advanced infrastructure. The Laem Chabang port, a major maritime gateway, handled substantial trade volumes in fiscal year 2024, underscoring its capacity to support international commerce. Complementing this is the Eastern Economic Corridor (EEC), a flagship initiative designed to transform the eastern provinces into a leading industrial and innovation hub. The EEC boasts modern transport links and has been instrumental in attracting significant foreign direct investment, further solidifying Thailand's manufacturing base. Additionally, the ambitious Land Bridge megaproject is set to enhance regional connectivity, offering an alternative route that could reduce reliance on the congested Strait of Malacca.

The nation's automotive industry stands out as a vital component of its economy, contributing substantially to the GDP. Despite facing recent global economic challenges, Thailand has maintained its status as ASEAN's largest automotive producer, demonstrating its resilience and established manufacturing capabilities. This sector is a testament to the country's skilled labor force and robust industrial ecosystem.

In conclusion, the ongoing infrastructure stimulus programs, combined with Thailand's inherent advantages in location and policy, are significantly bolstering its supply chain resilience. These factors collectively position Thailand for sustained future growth as a reliable and strategic partner in the evolving landscape of global trade and manufacturing.

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