Thai ESG funds’ asset value jumps to B34bn

The asset value of Thai sustainability mutual funds leapt to 34 billion baht as of last month after tallying 22 billion last year, which was a fourfold increase from 2019, as growing environmental awareness and environment, social and governance (ESG) investments lure investors with the promise of high returns.

New EV output target under review

The National Electric Vehicle Policy Committee is considering setting a new electric vehicle (EV) production target, with EVs making up half of all car manufacturing by 2030.

New firms ratified under Egat, MEA

The State Enterprise Policy Commission approved in principle establishing two subsidiary firms under the state-run Electricity Generating Authority of Thailand (Egat) and Metropolitan Electricity Authority (MEA) to invest in future energy and energy-related R&D and innovations.

Thammasat University – A Prototype for Smart City to Promote Sustainable Development

Program Management Unit on Area Based Development (PMUA) selected Thammasat University to be a prototype for ‘smart’ community in Pathumthani province by accelerating research on “smart city integration” plan to promote sustainable development for the university using the Center of Academic Excellence in Research and Innovation for City Transport as the regulatory authority to drive all projects.

Pertamina Lubricants expands market in Thailand

Pertamina Lubricants Thailand Co., Ltd. (PLT), which is a subsidiary of Pertamina Lubricants from Indonesia has signed a cooperation contract with Iyara Energy Group Thailand on March 5, 2021

Thailand’s PTTEP to outperform

Analysts at Macquarie bank believe Thai upstream player PTT Exploration & Production (PTTEP) is set to outperform as it is bolstered by strong crude prices and the mitigation of risk that output will disappoint at Erawan.