Amata gets IFC backing in sustainability push
The industrial sector in Thailand, Cambodia, Laos, Myanmar and Vietnam contributed 32.3 per cent of the region’s GDP in 2017 and provided an estimated 20 per cent of the employment, said the IFC, the private-sector arm of the World Bank. It said that industrial zones provide a good platform for supporting interventions for green buildings, […]
Analysis: Thailand excels as most flexible sweet crude buyer in Southeast Asia
Singapore — The strong uptrend in international outright crude prices has prompted Thailand to actively diversify its crude supply sources so far this year and the country may earn the title as the most flexible sweet crude importer in Southeast Asia, with state-run PTT picking up more than 10 different low sulfur grades from across the […]
Analysis: Thailand faces perfect storm as it seeks more LNG supply
BANGKOK, March 16 (Reuters) – A global energy crunch is sending liquefied natural gas prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall at its largest gas field and as sanctions threaten supplies from Myanmar.
Analysts predict earnings backslide
Aggregate earnings per share (EPS) of SET-listed companies are expected to fall by as much as 25% this year because of the Covid-19 pandemic and plunging oil prices, says the Investment Analysts Association (IAA).
Are Thailand’s investments abroad sustainable?
Although Prime Minister Prayut Chan-o-cha announced Thailand’s commitment to the United Nations Guiding Principles on Business and Human Rights (UNGPs) in 2017, outbound investment remains a largely unregulated sector. Thai firms are significant investors in ASEAN countries, and Thailand’s foreign direct investment (FDI) in the region stood at US$2.37 billion in 2017 – behind only […]
As the coronavirus pandemic bites, Thailand is desperate for its US$43 billion Eastern Economic Corridor to pay off
A tech hub braided with airports, ports and high-speed rail lines to lure the brains and billions of Asia to Thailand – or a cripplingly expensive white elephant from a government struggling to reset Southeast Asia’s second-largest economy? Nearly four years after its inception, opinion is divided on the country’s US$43 billion Eastern Economic Corridor […]
Asia urged not to build more LNG terminals
Asian countries going into liquefied natural gas (LNG) importation, including the Philippines, may face challenges in securing imported LNG and lead to stranded import infrastructure and gas-fired power plants due to the long-term impact of the Ukraine-Russia war on prices, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
Asia-Pacific Discusses Energy Transition in Support of SDG 7
8 October 2019: The tenth International Forum on Energy for Sustainable Development discussed opportunities to support progress on SDG 7 (affordable and clean energy) and SDG 13 (climate action) across the Asia-Pacific region. Participants shared their experiences with SDG 7 implementation, and considered opportunities and barriers to achieving an energy transition in the region. The […]
Asian Energy Company Bangchak Invests in Enevate’s Fast-Charging EV Battery Technology
California-based Enevate Corp., whose innovative battery technology is addressing extreme-fast charge times for electric vehicle (EV) batteries, announced that Thai energy giant Bangchak, through its Bangchak Initiative and Innovation Center (BiiC), has invested in the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190416005308/en/ Enevate aims to make EV charging as fast […]