Thailand could be on the verge of an electric vehicle (EV) revolution. After decades of promising ubiquitous plug-in stations and quiet roads full of whirring, non-petrol-powered cars, the futuristic fantasy could soon be a reality. Dubbed the “Tesla of Thailand”, SET-listed Energy Absolute (EA) will kick off the first phase of its 100-billion-baht lithium-ion battery […]
Read MorePTT Plc is set to launch its Eastern Economic Corridor of Innovation (EECI) project in Rayong with the ambitious goal to raise the research and development centre to technology readiness level soon. The SET-listed national oil and gas conglomerate is developing the EECI in Rayong province’s Wang Chan Valley. The government plans for the EECI […]
Read MoreFear and loathing of the baht’s rapid gain have been on the rise, especially among Thai exporters, as the local currency is perceived as a conduit for speculators to reap short-term gains. The baht’s value hit a six-year high in mid-June of 31.05 against the US dollar as rate-cut signals by the US Federal Reserve […]
Read MoreBANGKOK: Thailand’s central bank is fretting over how to cool the world-beating surge in the baht just as the US keeps a watchful eye out for signs of unfair currency policies. Bank of Thailand officials intensified verbal intervention in the past week, with senior director Don Nakornthab saying on Wednesday the “worried” monetary authority is […]
Read MoreAs part of its effort to create a sustainable business while taking the environment into consideration, Fast Retailing on Friday announced its plan to eliminate the use of unnecessary plastic throughout its supply chain. It will also reduce the amount of single-use plastic handed to customers at its Group stores worldwide, such as shopping bags […]
Read MoreImports of plastic and electronic waste have declined sharply after the government curbed imports of foreign waste, says the Customs Department. Plastic waste imported to Thailand fell to 174,000 tonnes during the five months to May from 571,000 tonnes for the full year of 2018, while e-waste import volume plunged to 12,200 tonnes in the […]
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