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Thailand considers electricity price increase of up to 44%
Regulation

Thailand considers electricity price increase of up to 44%

The Thai government is considering raising electricity prices, causing concerns in the industry about potential impacts on multinational corporate investment. Kriengkrai Thiennukul, Chairman of the Federation of Thai Industries (FIT), stated that Thailand

July 19, 2024

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Thailand considers electricity price increase of up to 44%
Regulation

Thailand considers electricity price increase of up to 44%

The Thai government is considering raising electricity prices, causing concerns in the industry about potential impacts on multinational corporate investment. Kriengkrai Thiennukul, Chairman of the Federation of Thai Industries (FIT), stated that Thailand

July 19, 2024
Thailand to open DPPA to attract data center investment
Regulation

Thailand to open DPPA to attract data center investment

To attract foreign investment, particularly from data centers, the Thai government intends to open up Direct Power Purchase Agreements (DPPA), allowing businesses to directly purchase green electricity from power generators.

July 16, 2024
Thailand's EV insurance struggles with high costs, rapid depreciation
Market

Thailand's EV insurance struggles with high costs, rapid depreciation

With a loss ratio exceeding 90% for Thailand's EV insurance and fluctuating prices in both new and used cars, insurance companies encounter significant challenges in setting appropriate insurance premiums.

July 11, 2024
Thailand's development of "plastic roads": a sustainable infrastructure innovation
Technology

Thailand's development of "plastic roads": a sustainable infrastructure innovation

Plastic is primarily composed of high-carbon fossil fuels, with annual carbon emissions equivalent to 600 coal-fired power plants. Due to its resistance to natural decomposition, recycling and reuse have become critical issues.

July 01, 2024
Thailand's new power plan aims for 51% renewable energy by 2037
Regulation

Thailand's new power plan aims for 51% renewable energy by 2037

Thailand's latest power development plan (PDP) raises the renewable energy generation target from the previous 36% to 51%. However, some renewable energy industry stakeholders believe that the country should set even more ambitious goals.

June 20, 2024
Thai petroleum giants venture into pet care and coffee shops ahead of EV era
Market

Thai petroleum giants venture into pet care and coffee shops ahead of EV era

Thai gas stations are increasingly diversifying into non-oil businesses such as pet care and coffee as gasoline sales decrease. This shift is driven by the government's target for 30% of domestic car production to be EV by 2030.

June 14, 2024
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