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ASEAN power grid plan in spotlight at Bangkok IMF-World Bank meeting
ASEAN power grid plan gains focus at IMF-World Bank Bangkok meeting.
Context
What happened: At the IMF and World Bank annual meetings in Bangkok, experts said Southeast Asia remains vulnerable to energy shocks and needs to connect power grids regionally. An ADB executive and Thailand's deputy prime minister urged accelerating the project.
Key numbers: Panel session held Oct. 14 in Bangkok.
Why it matters: High oil prices are hitting businesses and households across the region, and panelists framed faster grid integration as a cushion for that impact.
What changed
At the IMF and World Bank annual meetings in Bangkok, experts said Southeast Asia remains vulnerable to energy shocks and needs to connect power grids regionally. An ADB executive and Thailand's deputy prime minister urged accelerating the project.
Why it matters
High oil prices are hitting businesses and households across the region, and panelists framed faster grid integration as a cushion for that impact.