sustainability
- Business News
Thai economy set for revival amid global uncertainties
The Federation of Thai Capital Market Organizations (FETCO) anticipates a revival of the Thai economy in the latter half of the year, supported by potential interest rate reductions. This optimistic outlook emerges amidst global economic uncertainties, with possible recessions in the UK and Japan, and China grappling with a prolonged property crisis. FETCO chairman Kobsak Pootrakool believes that the global…
- Business News
ThaiBev intensifies commitment to sustainable growth
Thai Beverage Plc (ThaiBev) is stepping up its commitment to sustainable development, implementing strategies that encompass all facets of its business operations. The company’s Executive Vice President and Chief of Sustainability and Strategy, Tongjai Thanachanan, outlined the firm’s commitment to achieving sustainability through a comprehensive approach, known as Enabling Sustainable Growth (ESG). This approach encompasses environmental, social, and governance goals.…
- Press Room
Bangkok joins forces with Netherlands for eco-friendly urban mobility
Bangkok has coordinated with the Dutch concept to design Bangkok into a walkable and cycling city. Assoc. Prof. Wisanu Supsompon, along with Sanon Wangsrangboon, the Deputy Governors of Bangkok and Remco Johannes van Wijngaarden, the Ambassador of the Kingdom of the Netherlands to Thailand, attended a presentation of ideas and group activities discussion at the ACTIVE Workshop in Bangkok at…
- Press Room
Bangkok’s Loy Krathong goes digital and eco-Friendly, wins Asia Pinnacle Awards
Bangkok won the Asia Pinnacle Awards for Best Eco-Friendly Festival category under Loy Krathong Digital’s judges’ assessment on 28 February. BMA Spokesperson and Assistant Secretary to the Governor of Bangkok, Mr. Aekvarunyoo Amrapala, announced that the first “Bangkok Digital Loy Krathong Festival”, held on November 27, 2023, at Khlong Ong Ang, Phra Nakhon District, and Samphanthawong District by the Bangkok…
- Business News
Thailand’s green utility tariff implementation faces SME hurdles
The Energy Regulatory Commission (ERC) of Thailand has estimated a two-year time frame for full implementation of the recently launched green utility tariff (GUT). This tariff, aimed at regulating renewable power prices, is a significant leap towards the global pushback on carbon-intensive manufacturing. However, businesses, particularly small and medium-sized enterprises, and some state entities have expressed unpreparedness to adopt the…
- Thailand News
Bangkok unveils Suk50 Garden in Klong Toey to boost green space
Bangkok’s Klong Toey District has witnessed the transformation of an underutilised space into a vibrant public park, the Suk50 Garden, thanks to a collaboration between the Expressway Authority of Thailand and Ichitan Group. This initiative is part of a larger movement to increase green spaces in the city, contributing to the fight against PM2.5 pollution and fostering community connections. Spanning…
- Business News
PTTGC expands recycling operations focusing on opaque plastic containers
Thailand’s foremost petrochemical producer by capacity, PTT Global Chemical Plc (PTTGC), is broadening its recycling operations with a focus on opaque plastic containers, primarily bottles. This endeavour is part of the company’s newly introduced campaign aimed at fostering eco-friendly habits among the youth. The campaign constitutes the company’s second environmental initiative following its venture into recycling waste polyethene terephthalate (PET)…
- Phuket News
Phuket aims to become a low-carbon green city
The popular tourist destination of Phuket is on course to become a low-carbon green city, thanks to a recent collaboration between Energy Absolute Public Company Limited (EA) and the Federation of Thai Industries Phuket (FTI Phuket). Both organisations have agreed to make this transformation a reality, and Governor Sophon Suwannarat witnessed their commitment at an event held on February 17.…
- Business News
Thai industrial authority partners with Japanese firms for green utility project
The Industrial Estate Authority of Thailand (IEAT) is collaborating with Japanese firms, IHI Corporation and IHI Asia Pacific (Thailand) Co, on a green utility project at the Smart Park Industrial Estate in Rayong. The initiative, aimed at encouraging eco-considerate manufacturing, will involve a feasibility study on the development of renewable energy and green infrastructure. The study marks the first phase…
- Lifestyle
Save the environment with these laces
The world of shoelaces is evolving, and no-tie silicone laces are not just a nod to convenience but also a step toward sustainability for the environment. These innovative laces are not only making your life easier but are also doing their bit to reduce waste and pollution. And when it comes to blending style, comfort, and eco-friendliness, no-tie shoelaces are…
- Lifestyle
Zero waste living in Thailand: Easy tips for sustainable life
Embarking on a zero waste life involves more than just aiming for a trash-free existence. It’s about adopting a mindset that prioritizes sustainability and minimalism, focusing on reducing consumption and preventing waste from being created in the first instance. In countries like Thailand, where sustainability can be woven into the fabric of daily life, embarking on this journey can be…
- Business News
Cabinet gives preliminary approval to revamp Fisheries Act of 2015
The proposed revision to the Fisheries Act of 2015 yesterday received preliminary approval from the Cabinet. The government aims to ease the challenges encountered by the fishing industry and foster more efficient and sustainable fishing practices. The proposed changes are expected to provide relief to over 600,000 small-scale coastal fishing households in 20 provinces, many of whom were compelled to…
- Business News
Nex point projects commercial EV sales to hit 5,556 by 2024
Nex Point, a SET-listed local assembler of commercial electric vehicles (EVs), is forecasting sales to hit 5,556 units by the end of 2024. This projection stems from an increased demand from businesses operating in the transport and logistics industries. A rise in such interest is tied to these sectors’ growing commitment to lower carbon emissions. Between January and September of…
- Business News
Chememan signs Khimsar agreement to become major lime producer in India
Chememan Public Company Limited (CMAN), a leading lime producer, inked the Khimsar Agreement with Khimsar Mine Corporation (KMC), marking its initiative to set up a state-of-the-art lime factory in Khimsar, Rajasthan, India. This endeavour positions CMAN on the path of becoming a significant lime producer in India. The agreement was signed with KMC, a fresh entrant in the Indian mining…
- Thailand News
German president’s state visit to Thailand after 22 years sparks hope
German President Frank-Walter Steinmeier embarked on a state visit to Thailand today, following an invitation extended by Srettha Thavisin, the Prime Minister of Thailand. This marks the first visit by a German president to Thailand in 22 years, as stated by Chai Watcharonke, the Thai Government Spokesperson. The three-day visit has its highlight set for tomorrow, where a discussion on trade,…
- Automotive
The 5 best EV cars to buy in Thailand right now
More and more people in the world are ditching their fossil-fuelled cars and choosing to drive electric cars, also known as electric vehicles (EV), instead. And Thailand is no exception, with a growing market for EV cars in the country. The shift towards EV cars is an essential component of Thailand’s efforts to promote sustainable transportation and reduce greenhouse gas…
- Thailand News
Thai Smile Bus to decommission gas vehicles, focuses on electric fleet
Thai Smile Bus (TSB) company announced its commitment to clean air and environmental sustainability with plans to decommission its entire fleet of 350 natural gas-fuelled vehicles (NGV) buses by the end of the month. Kulpornpath Wongmajarapinya, TSB Chief Executive Officer, revealed that over 95% of the NGV buses have been already phased out, including the latest batch of 58 buses…
- Aviation News
Thai authorities craft national oil proposal to boost sustainable aviation fuel
In a bid to bolster the aviation industry’s effort to curtail carbon dioxide emissions, Thai energy authorities are in the process of crafting a novel national oil proposal. The blueprint will cater to the evolution of Sustainable Aviation Fuel (SAF), a biofuel variant for aircraft. The appeal of SAF lies in its strong resemblance to jet fuel in terms of…
- Business News
MQDC’s Well Living Expo: Building a sustainable future one home at a time with a 30-year warranty
Leading real estate developer MQDC hailed the success of its MQDC Well Living Expo at Siam Paragon, which took place from October 12 to 15. The expo stressed the importance of holistic homes and a 30-year warranty towards achieving a sustainable quality of life, in line with MQDC’s For All Well-Being mission. Chief Operating Officer of MQDC, Assada Kaeokhiao, said…
- Events
The EU and ASEAN marked the start of Green Diplomacy Weeks 2023 through a fun run, walk, and cycling event in Jakarta
Ambassador of the European Union (EU) to ASEAN, H.E. Sujiro Seam, the Deputy Secretary-General of ASEAN for ASEAN Socio-Cultural Community H.E. Ekkaphab Phanthavong and the Ambassador/Permanent Representative of the Republic of the Philippines to ASEAN, H.E. Hjayceelyn Mancenido Quintana, officially launched the start of the EU-ASEAN Green Diplomacy Weeks 2023 today in Jakarta, Indonesia. Over 300 people, representing officials from ASEAN,…
- Business News
Siam Piwat’s ambitious goal: 100% renewable energy by 2030
Siam Piwat Group, a pioneer in Thailand’s real estate and retail sector, is making strides towards sustainability by seeking diverse collaborations. The group has set an ambitious target to shift all its properties to 100% renewable energy by 2030. According to the group’s chief operating officer, Naratipe Ruttapradid, Siam Piwat is reinforcing its leadership in sustainable world-class destination development through…
- Thailand News
Thai government courts BlackRock for BGC investment
The Thai government recently initiated discussions with New York-based BlackRock Inc., the globe’s most prominent asset management firm, aiming to draw investments for Thailand’s Bio-Circular-Green (BCG) business sector. In a significant move, this conversation placed a spotlight on Thailand’s commitment to sustainable economic growth, aligning with global green trends. Chai Watcharong, the government spokesperson, disclosed that the dialogue between Prime…
- Thailand News
Thai Smile Bus electrifies its fleet with a shocking 1,083 EVs
Thai Smile Bus, a leading public transportation company utilising clean energy, plans to introduce an additional 1,083 electric buses (EV) to its fleet by next year, according to the company’s CEO, Kulapatsorn Wongmajarabhin. This initiative is part of the company’s ongoing commitment over the past two years to develop environmentally friendly public transportation and reduce PM2.5 dust pollution in urban…
- Business News
BlackRock eyes Thai clean energy and sustainability bonds for investment
Global asset management giant, BlackRock Inc, with a staggering total of US$9.43 trillion worth of assets under its belt, has set its sights on expanding its business horizons in Thailand. The company is particularly interested in investing in the Thai government’s Sustainability Linked Bonds and the country’s clean energy sector, according to a statement by government spokesperson Chai Wacharonke. The…
- Tourism News
South East Asian hotels and resorts urged to grasp the “Green Premium”
Hotels and resorts around Southeast Asia are failing to understand the “green premium” and how to leverage it to attract quality guests, according to leading figures in the region’s hospitality industry. The message that hotels and resorts are falling behind counterparts in other parts of the globe when it comes to capitalizing on the benefits associated with sustainable tourism was…
- Events
Farm-to-table movement takes centre stage at PHIST 2023
The flourishing farm-to-fork movement will take centre stage at PHIST 2023 (Phuket Hotels for Islands Sustaining Tourism), as a group of leading chefs demonstrate how Michelin ratings can raise the bar for sustainability and social responsibility in Thailand. PHIST 2023, Southeast Asia’s biggest sustainability event for the travel and hospitality sectors, returns to Phuket on 4th September with an energizing full-day…
- Bangkok News
Bangkok’s 10-year plan to send wiring underground
A recent announcement from the Metropolitan Electricity Authority (MEA) suggests dramatic changes are underway for Thailand’s capital city. The notable shift to laying 1,454 kilometres of electrical wires underground is reportedly expected to take place over the coming decade, in an ambitious effort to streamline electricity provision to the three provinces in the Greater Bangkok area: Bangkok, Nonthaburi and Samut…
- Business News
ESG Scoring pioneered by Thailand’s GSB for large business loan approvals
In a first for Thailand, the Government Savings Bank (GSB) is revolutionising its loan approval process. Chief executive Vitai Ratanakorn shared that GSB will introduce environmental, social and governance (ESG) scoring when deciding loans for sizeable businesses, requiring a credit limit of 500 million baht or more. This ESG scoring pioneering model aims to incentivise companies to contribute positively to…
- Business News
Sustainability investment doubled by Thai union to benefit oceans and communities
Unrelenting in his pursuit of sustainability, Thiraphong Chansiri, CEO of Thai Union Group PCL, a dominant player in the global seafood manufacturing scene, divulged pivotal advancements in the company’s ecological strategy. Always at the forefront of advocating sustainable business practices, Thiraphong explained the profound pressure on our oceans, harbouring the livelihood and sustenance of up to 600 million people, particularly…
- Things To Do
Chiang Mai’s 5 best eco-friendly hotels
Surrounded by lush mountains and thick jungles, Chiang Mai is a total paradise for nature enthusiasts. And obviously, staying at an eco-friendly hotel is right up there on every visitor’s list of must-dos. Good news: Chiang Mai’s eco-game is strong! Eco-friendly hotels here have really stepped it up a notch. Imagine hanging out with majestic elephants in sanctuaries, or chowing…
