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COMMON SENSE: Bright future for solar power

Legacy Phuket Gazette

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PHUKET: We modern Homo Sapiens are addicted to energy. Energy is the main driver for development and economic growth and for over a century, we have been powering our addiction with fossil fuels.

As someone that comes from an oil producing country and having worked with different indigenous communities in the Ecuadorian Amazon that have been affected by oil production, I have seen the decline of their livelihoods, environmental resources, culture and the triggering of different types of diseases.

You don’t need to be a scientist or a PhD to realize that it has been a fiasco; we have caused irreparable damages to our environment and have put our future generations at grave risk. This is why I believe renewable energy resources hold promises for the development toward a more sustainable future, a future in which we can live in harmony with pachamama (mother earth) and countries with vast natural beauty, like Thailand do not have to become victims of our past mistakes.

Solar PV (photo-voltaic) is currently the renewable energy of choice for most countries. Solar PV attracts more capital for private investment and public spending than any other types of renewable energy. According to a new report from Navigant Research, annual worldwide revenues from solar PV installations will surpass US$134 billion by 2020.

This is a result of different forms of incentives to induce consumers to invest in solar power. Developed countries have traditionally led the market (particularly the EU countries, Japan and the US), but since last year there has been an important shift toward developing countries that are now proving to be the future for the development of the PV market. So what does this mean?

For consumers

When the technology first became commercially available in the 1970s, the total cost to produce one watt of electric power from a PV cell was close to $100. Since then, the price of solar PV panels has dropped more than 80%. Currently, this price has gone down to lower than $1 per watt – a price that is competitive with the cost of traditionally generated energy in many areas around the world. Over the past five years, solar PV has averaged an annual growth rate of over 50%. This drop in the price of PV production and distribution has become a global trend, resulting in great strides in the technology’s availability for the general population worldwide.

On a global scale, solar could provide about 30% of global total electricity by 2050, up from the 0.1% it provides now. One can imagine the repercussions this could have on the way we as individuals use energy. The fact that solar is becoming a possibility for the average person to acquire is a global economic game changer.

It is a stepping stone for individuals to be able to be energy self-sufficient, not to mention the positive effect this could have for climate change. Despite this positive scenario, the solar PV market is still in a phase of growth but it’s safe to say that the PV industry has reached a point of maturity and is now considered a viable and promising energy resource for the future.

According to a study by Chi-Jen Yang, “Reconsidering Solar Grid Parity,” From 2000 to 2010, global solar PV deployment increased from 0.26 gigawatts (GW) to 16.1 GW with an annual growth rate of more than 40%. Government incentives for consumers and producers, coupled with technological innovations that significantly reduced manufacturing costs, are at least in part responsible for the more widespread deployment and use that PV cells have enjoyed in recent years. Studies have predicted an additional 438GW of solar PV to be installed between 2013 and 2020, by which time it is believed that solar PV would be cost-competitive with retail electricity prices, without subsidies, in a significant portion of the world.

The initial investment in transitioning from fossil fuels to solar power for a private residence, for example, may still seem like a significant one to many, but in reality these systems – thanks again to reductions in manufacturing costs and technological advances – have an ever-increasing potential to not merely pay for themselves, but to generate actual revenue.

For developing countries

The European market that historically has led global solar demand is slowing as regional market conditions become less attractive. The dependence for the demand and production from European and North American markets have faded due to the loss of incentive programs in many of these countries coupled with economic instability since 2008.

Now, when we consider the continued development of incentive policies in developing nations – along with the decreasing system costs, it is clear the solar power industry will have increased importance and priorities in countries like Thailand. Indeed, the growth in Thailand is in line with many industry reports predicting that emerging markets in Asia Pacific, Latin America, the Middle-East, Africa and “emerging Europe” will help strengthen the solar industry in 2013. According to IHS Solar Emerging Markets report, “up to 30 GW of PV will be added throughout various emerging market in the next four years, helping to stabilize an industry that’s strengthening itself against the elimination of critical incentives in several European markets.”

Thailand has been recognized as a potential solar PV leader due to its strong year round solar radiation, and with Thailand importing more than 60% of its fuel, the argument for renewable, domestically produced energy seems obvious. It was among the first countries in Asia to introduce incentive policies for the generation of electricity from renewable energy sources, leading to rapid growth, particularly in solar power. Due to the country’s abundant solar capacity and attractive solar feed-in tariffs offered between 2007-2010 and recently in mid-2013. Thailand has most of the ingredients for solar power to play a major role.

The incentive program, in its early phase known as ADDER, has drawn global developers such as SunEdison and Kyocera, 99% of this capacity addition comes from large-scale solar farms (with installed capacity that exceeds 1 MW).

Currently there is positive news for solar rooftop development in Thailand. After three years of a pause in support, the Thai government reopened a feed-in tariff (FiT) program for rooftop and ground-mounted solar power investment in July, 2013. The government will support 200 MW of rooftop solar power through these policies. The FiT rates send a strong signal to attract foreign investment as well as to inspire local start-ups to enter the business of solar power installation. In the past, complex and lengthy permitting processes have been a persistent barrier to the expansion of Thailand’s solar market. To bring solar PV to the mainstream, obstructive laws and regulation would have to be overcome. It remains to be seen if such strong incentives will result in a vibrant residential rooftop market.

David Arturo Terán has a BA in International Relations and Political Science with a Minor in Environmental Law from the Universidad San Francisco de Quito. He is a graduate student in the Environment, Development and Sustainability Program at Chulalongkorn University, where he also works as a Research Assistant with the Energy Research Institute. He can be contacted through 0849105232 or email:
teranda08@gmail.com

— David Arturo Tern

 

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Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Thai Life

Top 5 accounting firms in Thailand

Cita Catellya

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If you own a business in Thailand, there is one service you can’t do without, which is accounting. Accounting, just like human resources (HR), plays a vital role in most businesses. Therefore, hiring an accounting firm can help your business grow and expand, even when your business is still small. In other words, if you want your business to become successful, you can’t ignore the importance of accounting firms.

Accounting firms help you handle critical financial tasks, such as calculating your withholding TAX and VAT and completing your financial statements. In addition, they also ensure that you comply with Thai law. Therefore, it’s only natural that you want the best accountant, someone you can trust, to do these tasks.

When talking about the best accounting companies, the first names that usually come to mind are the Big 4 – PwC, Ernst & Young, Deloitte, and KPMG. On the other hand, there are also numerous other main players in Thailand’s accountancy field. Accounting companies are always in tough competition among themselves, so it can be hard to choose the best one. However, we have narrowed it down to the top 5 accounting companies in Thailand.

5 Best Accounting Firms in Thailand

Best of Thailand’s accounting firms, listed below.

1. HLB Thailand

Previously known as BDO Thailand, HLB Thailand is one of the most reputable accounting firms in Thailand. It is an HLB International member, which is a global network of independent advisory and accounting firms. HLB International has hundreds of offices across 160 countries. In 2020, HLB International won ‘Network of the Year’ at the 2020 Digital Accountancy Awards. This award certainly drives up their reputation among those in needs of accounting services.

HLB Thailand expertise in audit and assurance, transfer pricing, and outsourcing. Their client base covers a wide variety of industries, such as telecommunications, manufacturing, constructions, and hospitality. Furthermore, they also offer service to real estate, healthcare, and not-for-profit industries. The firm is led by Co-Managing Partners Andrew Jackomos and Paul Ashburn. The firm’s tax services in Thailand provide a combination of local attention and global capabilities. Furthermore, they also provide financial audit and risk assurance service.

Main Areas of Service: Advisory, Audit and Assurance, Tax.

Locations: Bangkok and Phuket.

BANGKOK: 14th Floor, CTI Tower 191/70-73 New Ratchadapisek Road Klongtoey, Bangkok 10110, Thailand.
PHUKET: 20/90 Moo 2, Thepkasattri Road T. Koh kaew, A. Muang, Phuket 83000, Thailand.

Website: https://www.hlbthai.com/

Contact Info: hlb@hlbthailand.com
BANGKOK: +66 (0)2 260 7290
PHUKET: +66 (0)2 260 7297

Top 5 accounting firms in Thailand | News by Thaiger

2. PKF Thailand

PKF Thailand is a member of PKF International’s global family of legally independent firms with over 400 offices in 125 countries. Therefore, the firm is known to provide global solutions to its clients.

As one of the oldest accounting companies in Thailand, PKF Thailand has built its strong reputation for years. Today, it has successfully established itself among the leading accounting firms of choice for both international and local clients. This accounting firm is licensed by Thailand’s SEC (Securities and Exchange Commission) to perform audits on public listed companies. PKF Thailand presents highly qualified international and local professionals, so they can help bridge the gap between international business and the Kingdom.

Headquartered in Bangkok, PKF Thailand has active branches on the Eastern Seaboard in Phuket, Hua Hin, Sri Racha, Pattaya, and U Tapao. Therefore, they can offer services to businesses around Thailand.

Main Areas of Service: Advisory, Audit and Assurance, Corporate Finance, Business Solutions, Tax, and Transaction Services.

Locations: Bangkok and Eastern Seabord.

BANGKOK: 28th Fl., Sathorn Square Office Tower, 98 North Sathorn Road, Silom, Bangrak, Bangkok 10500, Thailand.
EASTERN SEABOARD: 63/14-15 M.10, South Pattaya Road, Nongprue, Banglamung,
Chonburi 20150, Thailand.

Website: https://pkfthailand.asia/

Contact Info:
BANGKOK: thailand@pkf.com / +66 2 108 1591
EASTERN SEABOARD: esb.th@pkf.com / +66 38 195 252

Top 5 accounting firms in Thailand | News by Thaiger

3. HUMANICA

HUMANICA is a business solutions provider in Thailand. They are pioneers in the HR and ERP industry in Thailand. However, they also offer finance and accounting services in the country. Their finance and accounting services are designed for companies who need to outsource tiresome office tasks. Moreover, they have provided accounting service and system advisor for SME businesses in various industries for over a decade. Their clients range from manufacturer and construction to trading, e-commerce, and services.

Located in Pathum Wan, Bangkok, HUMANICA is part of the Human Resources Consulting Services Industry. They provide accounting, finance, and taxation services. Their taxation services include value-added tax, withholding tax, and corporate income tax.

Main Areas of Service: Accounting, finance, and taxation.

Locations: 2 Soi Rongmuang 5, Rongmuang Rd., Rongmuang, Pathumwan, Bangkok, Thailand 10330.

Website: https://www.humanica.com/

Contact Info: sales@humanica.com / +66 2 636 6999

Top 5 accounting firms in Thailand | News by Thaiger

4. Mazars

Mazars is a French accounting, audit, and consulting group. This accounting firm set its foot in the Thai market for the first time in 2008. However, they are quick to establish a reputation of being one of the top accounting firms in the Kingdom.

Mazars boasts a multinational team, with its consultants consisting of Thai, British, German, Dutch, Indian, Korean, Japanese, and Australian nationals. As a result, they are among the leading companies in the country that provide accounting services globally. In addition to their accounting services, they also offer legal and consulting services for businesses across Thailand. Mazars is committed to helping their clients succeed. They understand and respect your business, so they will adapt their approach accordingly.

Main Areas of Service: Audit and assurance, financial advisory, tax, outsourcing, and international services.

Locations: Empire Tower, Tower 2, 12th Floor, South Sathorn Road, Bangkok 10120, Thailand.

Website: www.mazars.co.th

Contact Info: +66 2 670 1100

Top 5 accounting firms in Thailand | News by Thaiger

5. M&E (Thailand)

M&E (Thailand) Co., Ltd. is a German-Thai organization. It is a well-established accounting firm offering comprehensive services to a wide range of industries, such as manufacturing, IT, food and beverage, and payment gateway. As a result of their personal and individualized service, their client can focus on their business growth instead of dealing with the accounting department.

In addition to its excellent accounting service, M&E (Thailand) also provides company registration service and financial consultation. Thus, they can be considered as a one-stop solution for your business needs.

Main Areas of Service: Bookkeeping, taxation, and financial reports.

Locations: 159/40 Sermmit Tower 26th Floor, Room No. 2608 Sukhumvit Road (Asoke), Klongtoey Nua Wattana, Bangkok 10110, Thailand.

Website: www.mandethailand.com

Contact Info: info@mandethailand.com / +66 2 0461200

Top 5 accounting firms in Thailand | News by Thaiger

Being a lucrative market for businesses and foreign investments, it comes as no surprise Thailand is seeing the rise in accounting firms competition. With the number of businesses in needs of accounting services, the competition for accounting firms in the country seems to never end.

 

 

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Food Scene

Cooking food at home more? Most Thais are during Covid-19

Neill Fronde

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FILE PHOTO: Ramen noodles again? More people are eating in because of Covid-19.

Are you an excellent chef? Did Covid-19 force you to learn how to cook food? Or maybe it caused you to pay closer attention to how healthy, how clean, and how well packaged your food is? A new Suan Dusit Poll found that Thai people are eating healthier and eating at home as a result of the Covid-19 pandemic. The poll, conducted last week by Suan Dusit Rakabhat University, asked 1,192 people about their eating habits.

The poll found that nearly 76% of people were cooking at home more often and 71% responded that since Covid-19 they have paid more attention to the importance of food. Only 3% said they pay less attention to their eating since the Coronavirus outbreak.

Most of the poll answers aren’t too surprising, with lockdowns forcing more home meals, and fear of a contagious virus creating more awareness of hygiene practices. Nearly 48% of those polled believed that healthy eating helped against the Coronavirus while 38% were unsure. Nearly 50% were interested in knowing about foods that could build a Covid-19 resistance.

55% though herbs helped strengthen Coronavirus resistance, while Pad Ka Phrao, ginger, tom yam soup and kaeng som maroom (a sour moringa soup) were also mentioned favourably (51%, 49%, 43% and 32% respectively).

60% of those surveyed said they were choosing more healthy food, and 56% paid closer attention to the importance of food packaging. Somewhat surprisingly, 39% of respondents said they were spending more on food during the pandemic, about 37% said the amount was unchanged, and nearly 24% spent less money.

Food spending in Bangkok averaged 268 baht a day, while other provinces averaged 207 baht, creating a national daily food spending average of about 227 baht.

So how do Thaiger readers compare? What are you spending on food – more or less? Are you eating healthier? Are you dining out less? Perhaps some have become experts at cooking the #1 food in the world? Any recommendations for superfoods that ward off Covid-19?

The Thaiger looks forward to your responses in the comments on this story.

SOURCE:Bangkok Post

 

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Tourism

‘One Night In Bangkok’, an unlikely hit about a bygone era in Thailand

Tim Newton

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“One night in Bangkok and the world’s your oyster
The bars are temples but the pearls ain’t free”

When ‘One Night In Bangkok’ was released in 1984 it was an unlikely hit. It was the opening song from a (at the time) little-known stage pop-opera called ‘Chess’. The song made Number 1 in South Africa, West Germany, Switzerland and Australia, and Number 3 in Canada and the US. It has remained a staple of Classic 80s Hit radio ever since. Have a listen (below).

The musical was the first outing for the two ‘Bs’ in ABBA – Benny Andersson and Bjoern Ulvaeus. Their pop grooves had made ABBA one of the most famous music groups in the world between 1973 and 1982 with a string of hits including 20 singles in the Billboard Top 100 from 8 albums, etc, etc. The lyrics of the song were penned by Tim Rice (Jesus Christ Superstar, Evita, Joseph and his amazing technicolour dreamcoat, Aladdin, The Lion King, Beauty and the Beast).

In the opening song of ‘Chess’, the American chess champion Freddie Trumper gets ready for a chess game with his Russian counterpart. He ridicules Bangkok’s ‘pleasures’ and tourist attractions – the Chao Phraya River (“muddy old river”), Wat Pho (“reclining Buddha”), and the red-light distractions. The choruses are more complimentary about Bangkok’s well-documented excesses.

Thailand’s ladyboys feature too… “You’ll find a god in every golden cloister, And if you’re lucky then the god’s a she“. And the famous Oriental Hotel (these days a little less ‘oriental’) is mentioned where girls are “set up in the Somerset Maugham suite“. But the singer says he isn’t interested… “I get my kicks above the waistline, sunshine.

At the time the sarcasm of the song didn’t go down well with the Thai Mass Communications Organisation (now the NBTC) issuing a ban on the song in 1985, saying its lyrics “cause misunderstanding about Thai society and show disrespect towards Buddhism”, a line still trotted out when Instagrammers and vloggers shoot in front of Thai temples dressed in a flimsy singlets and short shorts.

37 years later the song still paints a picture of a contrasting ‘oriental’ city alive with lights (including red lights), colour, pungent smells, culture and a vivid history.

We’re not sure if the ban was ever lifted but I hear the song played on Thai stations from time to time. At the time, when Bangkok was less on the tourist map than now, the song was a lone reference point for westerners.

How does it stand up 37 years after becoming a world-wide hit? Leave your comments below..

One Night In Bangkok

Bangkok, Oriental setting
And the city don’t know that the city is getting
The creme de la creme of the chess world
In a show with everything but Yul Brynner (referring to the actor’s starring role as the King of Siam in ‘The King and I’)

Time flies, doesn’t seem a minute
Since the Tirolean spa had the chess boys in it
All change don’t you know that when you
Play at this level there’s no ordinary venue
It’s Iceland or the Philippines or Hastings or,
Or this place!

One night in Bangkok and the world’s your oyster
The bars are temples but the pearls ain’t free
You’ll find a god in every golden cloister
And if you’re lucky then the god’s a she
I can feel an angel sliding up to me

One town’s very like another
When your head’s down over your pieces, brother
It’s a drag, it’s a bore, it’s really such a pity
To be looking at the board, not looking at the city
Whaddya mean?
Ya seen one crowded, polluted, stinking town
Tea, girls, warm, sweet
Some are set up in the Somerset Maugham suite
Get thai’d, you’re talking to a tourist
Whose every move’s among the purest
I get my kicks above the waistline, sunshine

One night in Bangkok makes a hard man humble
Not much between despair and ecstasy
One night in Bangkok and the tough guys tumble
Can’t be too careful with your company
I can feel the devil walking next to me

Siam’s gonna be the witness
To the ultimate test of cerebral fitness
This grips me more than would a
Muddy old river or reclining Buddha
And thank God I’m only watching the game… controlling it

I don’t see you guys rating
The kind of mate I’m contemplating
I’d let you watch, I would invite you
But the queens we use would not excite you
So you better go back to your bars, your temples
Your massage parlours

One night in Bangkok and the world’s your oyster
The bars are temples but the pearls ain’t free
You’ll find a god in every golden cloister
A little flesh, a little history
I can feel an angel sliding up to me

One night in Bangkok makes a hard man humble
Not much between despair and ecstasy
One night in Bangkok and the tough guys tumble
Can’t be too careful with your company
I can feel the devil walking next to me

Songwriters: Tim Rice / Benny Goran Bror Andersson / Bjoern K. Ulvaeus

 

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