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Search Result for “coal”

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OPINION

Securing Thailand's energy future

Oped, Published on 22/05/2024

» Since the 2021 military coup in Myanmar, foreign governments -- in particular the European Union and the United States, have issued travel bans and frozen the financial assets of corporate entities and individuals involved with the military regime. The most recent US financial sanction on the Myanmar Oil and Gas Enterprise (Moge), a major source of foreign currency revenue for the military government, which took effect in November 2023, is a potential risk to Thailand as it is reliant on gas from Myanmar for electricity generation.

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GENERAL

SCG unit ups presence in Vietnam

Business, Lamonphet Apisitniran, Published on 14/05/2024

» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), has acquired International Vietnam Co for 193 million baht to further grow its business in Vietnam amid bright prospects for the logistics industry in Southeast Asia.

OPINION

Is climate action a trump card?

News, Published on 13/05/2024

» If former US president Donald Trump returns to the White House next year, China needs to step up to assume the mantle of global climate leadership -- an outcome that many have considered impossible. After all, China has been the world's biggest emitter of greenhouse gases for nearly two decades, currently accounting for 35% of global carbon dioxide emissions. But geopolitical dynamics can shift quickly in the face of conflict, economic strife and crucial elections, meaning that China could soon be seen in a new light.

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THAILAND

Govt to finalise EU FTA talks this year

News, Poramet Tangsathaporn, Published on 10/05/2024

» Thailand expects to conclude a free trade agreement (FTA) with the European Union this year as the kingdom works with the EU on its commitments to curb illegal, unreported and unregulated (IUU) fishing.

OPINION

Why EU Day matters for Thailand

Oped, Published on 09/05/2024

» The European Union was born out of war to prevent war in the future between historic enemies. After World War II many European leaders wanted to try a new form of international cooperation to break out of the cycle of war which had dogged Europe every 50 years or so, going back through the centuries. Following the declaration by French foreign minister, Robert Schuman, on May 9, 1950, six countries agreed henceforth to manage jointly between them the industries needed to wage war -- coal, iron, steel -- instead of continuing to manage them purely nationally.

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INVESTMENT

Asian shares powered by tech rally, yen revives

Business, Published on 04/05/2024

» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.

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GENERAL

Ratch banking on new Indonesia plants

Business, Yuthana Praiwan, Published on 03/05/2024

» SET-listed Ratch Group, the power generation arm of Electricity Generating Authority of Thailand, expects positive business prospects for its coal-fired thermal power plants in Indonesia after acquiring them from Mitsui & Co for US$590 million.

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GENERAL

Power demand hits new record amid heatwave

Yuthana Praiwan, Published on 30/04/2024

» Electricity usage hit a new daily high of 36,700 megawatts on Monday, when temperatures averaged 35-38°C across the nation, peaking at 42°C, according to energy authorities.

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WORLD

Stranded Thai ship finally exits Baltimore port

Published on 27/04/2024

» A Thai-flagged vessel is among four cargo ships that have exited the Port of Baltimore via a temporary channel, after being stranded for a month following the collapse of a major bridge.

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GENERAL

SCG tracking events in the Middle East

Business, Lamonphet Apisitniran, Published on 26/04/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects its energy and operating costs as well as expenses for raw materials to increase if conflicts in the Middle East escalate.