Carbon neutral quest
Setting net-zero targets has moved higher on many Asian corporate agendas. A warming planet is increasing the risks for their businesses, which could include supply chain disruption, damage to infrastructure, rising labour costs and irregular natural resources flows, the Intergovernmental Panel on Climate Change (IPCC) has pointed out.
UOB Thailand launches U-Energy, Asia’s first integrated financing platform to drive energy efficiency
Building owners, energy service companies and homeowners can reduce an average of 20 per cent in energy consumption by tapping UOB’s green financing for energy efficiency projects
40m to benefit from fuel price plan: govt
At least 40 million people are expected to benefit from the government’s 10-point plan to ease the impact of fuel price increases arising from the Ukraine-Russia crisis, said government spokesman Thanakorn Wangboonkongchana.
Banpu preps 2 solar farms
Non-oil energy conglomerate Banpu Plc plans to start operations of two new floating solar farms, featuring the largest installed capacity developed by a private company, in the middle of this year.
Petroecuador seeks to extend crude delivery to Thailand’s PTT by a year -official
Ecuador’s state-owned oil company Petroecuador hopes to reach an agreement with Thai counterpart PTT (PTT.BK) to extend the time frame for crude deliveries until the end of 2024 and would welcome talks with the United States to supply oil directly to the North American country, a company official told Reuters on Tuesday.
KAB bags RM46.8mil power jobs in Thailand
Kejuruteraan Asastera Bhd (KAB) has secured five rooftop solar power generating system construction and power purchase agreements (PPAs) worth RM46.8mil in Thailand.
Chinese automakers see Thailand EV boost from government incentives
Chinese automaker Great Wall Motor (601633.SS) has signed an agreement with Thailand’s government to slash retail prices of its electric vehicles, an executive said on Tuesday, a move aimed at boosting domestic EV sales and production.
Govt to ramp up fuel price subsidies, cut taxes, suspend debt
Following weeks of protests against rising fuel and living costs, the government has announced a 10-point plan to alleviate the impact of increases in the cost of fuel arising from Russia’s invasion of Ukraine, and will also suspend half of farmers’ multimillion baht debt repayments.
