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Thailand's sluggish car market still attracts Chinese investment
Market

Thailand's sluggish car market still attracts Chinese investment

Thailand's weak automotive market may hinder the development of electric vehicles (EVs). After revising its car production targets for the year, the Federation of Thai Industries (FTI) has also lowered its forecast for new EV registrations.

November 19, 2024

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Thailand's sluggish car market still attracts Chinese investment
Market

Thailand's sluggish car market still attracts Chinese investment

Thailand's weak automotive market may hinder the development of electric vehicles (EVs). After revising its car production targets for the year, the Federation of Thai Industries (FTI) has also lowered its forecast for new EV registrations.

November 19, 2024
Thailand to add 3 more large-scale pumped storage hydropower plants
Market

Thailand to add 3 more large-scale pumped storage hydropower plants

To mitigate the impact of intermittent wind and solar power generation, the Electricity Generating Authority of Thailand (EGAT) plans to invest 90 billion Thai baht (approximately 2.6 billion USD) in expanding pumped-storage hydropower plants at three dam

November 11, 2024
Thailand’s PTT GC, Bangchak set to launch SAF next year
Market

Thailand’s PTT GC, Bangchak set to launch SAF next year

Thailand's PTT and Bangchak are investing in Sustainable Aviation Fuel (SAF), with plans to launch biofuels next year to tap into the green transportation market.

October 24, 2024
Central Group, TSS partner to roll out solar solutions in Vietnam's retail outlets
Market

Central Group, TSS partner to roll out solar solutions in Vietnam's retail outlets

Thailand's Central Group is intensifying its sustainability initiatives in Vietnam. This includes the expansion of rooftop solar installations and efforts to reduce energy consumption, aimed at mitigating the impact of Vietnam's unstable power supply.

October 21, 2024
Meranti to deploy 2 technologies to build first green flat steel plant in Southeast Asia
Market

Meranti to deploy 2 technologies to build first green flat steel plant in Southeast Asia

Meranti, a steel manufacturer headquartered in Singapore, pledges to build Southeast Asia's first green flat steel plant in Thailand. The company plans to use hydrogen to replace coal in its operations, coupled with electric arc furnace technology powered

October 04, 2024
Thailand’s carbon tax to link with excise tax
Regulation

Thailand’s carbon tax to link with excise tax

Thailand's carbon tax is expected to be implemented this year. Officials from the Ministry of Finance have revealed plans to link the carbon tax with the excise tax to prevent companies from passing on costs to consumers. Additionally, the country will ad

September 30, 2024
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