Eppo: Energy contraction set to persist
Thai energy consumption in 2020 contracted by 5.8% from lockdown measures imposed to combat the pandemic and demand is expected to remain low with a 0.2-1.9% contraction this year, according to the Energy Policy and Planning Office (Eppo).
Thai investors focus on sustainability in Vietnam
In addition to impressive growth in the number of projects and registered capital, many Thai investors place sustainability as their top concern when investing in Vietnam.
Chinese cars gained local grip in 2020
MG car manufacturer and distributor SAIC Motor-CP has set an ambitious target of 40% growth in car sales this year under the expectation of a speedy rollout for Covid-19 vaccinations nationwide, mitigating stymied car sales last year, both domestically and globally.
PTTEP to manage Myanmar power development
BANGKOK, Thailand – PTT Exploration and Production Public Co. (PTTEP) will advance Myanmar’s Integrated Domestic Gas to Power project after securing an exclusive development right from the government.
Why is Laos building Mekong dams it doesn’t need?
Thailand’s economic slump during the coronavirus pandemic led to a drop in electricity demand, with officials estimating power reserves currently at 50% over total capacity.
Thai finance ministry urges Cabinet to okay $6.6B cash injection
Thailand’s finance ministry has called on the Cabinet to allow a 200 billion baht ($6.6 billion) cash injection in the economy to support businesses and people who have been affected by the new round of Covid-19 infections.
Energy sector ploughs ahead
Unlike some reforms in Thailand that face hurdles because of political power plays among authorities, changes in the energy industry have no excuse for delay.
Vietnam and Thailand attract German solar energy funds
Green crowd investing platform Ecoligo scents growth as manufacturing booms
