BANGKOK (BLOOMBERG) – Thailand is jump starting a decades-old plan to create a South-east Asia electricity super-grid, and wants to be the power-trading hub at the center of it. The nation is set to triple the amount of electricity from Laos that it resells to Malaysia, while encouraging infrastructure upgrades stretching from Cambodia to Myanmar […]

BANGKOK (Reuters) – Thailand’s energy minister on Sunday welcomed a decision by U.S. energy company Chevron to continue negotiations rather than seek arbitration to resolve a dispute over who should pay for removing offshore oil and Thailand wants Chevron to pay the full decommissioning costs, estimated by a local newspaper at around $2.5 billion, for […]

Recent reports have confirmed that Thailand will be considering the Block Chain Technology in order to curb VAT fraud involving oil export. According to Ledger Insights reports, the Excise Department of Thailand confirmed its tie-up with the Krungthai Bank for utilizing distributed ledger technology for tax refunds to the exporters of oil and for controlling […]

Thailand’s Ministry of Finance has revealed it is launching projects that will utilize blockchain technology to enhance government administrative efficiency and assist in revenue collection, asset management and procurement. The use of blockchain technology is expected to eliminate complicated procedures and enhance transparency for government agencies. Memorandum to Implement Blockchain Technology The Ministry of Finance disclosed that […]

The Asian Development Bank (ADB) will invest 5 billion baht (US$155 million) in the maiden green bonds by B.Grimm Power Public Company of Thailand, representing the first certified climate bonds to be issued in Thailand. These details were announced on December 11. The transaction comprised of two tranches – five years and seven years – […]

Thailand will host more than 70 major Asean meetings this year, with an additional 200 supporting meetings also on the cards. Every single one of these requires large amounts of fuel to ferry participants from various capitals to Bangkok or other Thai cities, as well as electricity for the venues. It is no secret that […]

BANGKOK (ANN): Chaiyut Thipsuwanporn, senior vice president at Charoen Pokphand Foods (CPF), announced this week that the company’s food retail franchise CP Fresh Mart is joining the government’s campaign to reduce waste and will stop giving plastic bags to customers starting from Jan 1. Read more at https://www.thestar.com.my/news/regional/2019/12/11/thais-get-free-eggs-for-recycling-waste#xBvOc5BpO0E4jMrZ.99

OCTOBER 29 — This letter is in response to Malay Mail’s article, dated 18 September 2018, titled “Putrajaya says no to nuclear energy, but keen on coal from East Malaysia“. While it is most admirable that nuclear energy is not being considered anymore in Malaysia, going for conventional energy sources, such as coal, is not […]

Energy storage systems (ESS) using lithium-ion batteries should soon be a rising star, as many Thai companies are heavily investing in researchers, engineers and think tanks to enhance their competitiveness in the field. The government is supporting the business through investment incentives for Thai and foreign companies to capture rising demand for ESS at the […]

The first image that usually springs to mind when someone mentions any Southeast Asian capital is that of congested roads filled with honking cars and motorcycles. Congested roads have become synonymous with Southeast Asia, and that is not going to change anytime soon. According to the latest data, vehicle sales in Southeast Asia is set […]