Last updated on May 6th, 2021 at 07:22 am
Suchatvee Suwansawat, as an engineer and educator, sees the Covid-19 outbreak not only changing people’s way of life but also how the environment works in the globalization era.
Countries have in the past relied heavily on exports and imports. Factories have been developed overseas, where the labor costs are cheaper. But now, it might not always be possible to transfer people and logistics, said Prof Suchatvee, referring to the impact of Covid-19 on economies around the world.
In every country, the unemployment rate is high. People who work abroad must return home because they can not survive, while the pay in a foreign country is high. If people have no income, problems like the domino effect follow.
In this time or the near future, the movement of money, people and knowledge will not take place noted Prof. Suchatvee. The entire world will become localised, self-reliant. Consequently, each country must reduce its reliance on imports in the midst of world uncertainties.
Around the same time, it would also be possible that other countries would stop relying on rice imports from Thailand. He also pointed out that other equipment is in short supply in the country, including ventilators for patients. In case of emergencies, locally manufactured goods have to be in storage rather than exported.
To survive, Thais must build inventions on our own, and Thais — both the people and the government — must support Thai innovation. Prof Suchatvee, who is also president of King Mongkut’s Institute of Technology Ladkrabang (KMITL), remembered the time in April when KMITL launched a prototype of its Mini Emergency Ventilators.
In the early days of the Covid-19 outbreak, he said about 10 universities and institutions studied how Thailand ‘s hospitals would provide enough equipment to treat patients.
Fans of the worldwide sensation Squid Game have much to look forward to this December as the show's producer, Hwang…
Especially when it's the internationally known British rock band Coldplay linking up with K-pop phenomenon TWICE, few events match the…
Tucked on a 12-story structure in northeast China, visitors flock to get a rare view of the junction of their…
HBO's Game of Thrones has created a void in the fantasy world of television that no other show has quite…
Head of the Senate Committee on Foreign Relations, Senator Imee Marcos underlined the need of the Philippines getting ready for…
Not too long ago, Sheikh Nahayan Mabarak Al Nahyan, the prestigious Minister of Tolerance and Coexistence of the United Arab…
This website uses cookies.
Read More