Showing 1 - 10 of 55
MEA Prepares for Summer Surge in Electricity Demand
Published on 26/03/2024
» The Metropolitan Electricity Authority (MEA) has announced that the highest electricity demand in 2024 is anticipated to reach 9,934.25 megawatts, marking an increase of 0.1 percent. In response, the MEA is gearing up to address this rise in power consumption through the deployment of advanced technologies and SCADA systems. Additionally, they are providing advice on how to save money on electricity bills during summer by following the "turn off, adjust, disconnect, replace" principles for safe electricity use.
KAsset, Lombard Odier Forge Alliance for Sustainable Investments
Published on 27/02/2024
» KASIKORN ASSET MANAGEMENT Co., Ltd. (KAsset), a Kasikornbank (KBank) group company and Lombard Odier, a global wealth and asset manager and a leader in sustainable investing, are pleased to announce the entering of an inaugural Alliance on Sustainability between KAsset and Lombard Odier (Singapore) Ltd (Lombard Odier). Lombard Odier will act as a consulting partner, to assist in strategy formulation and the development of sustainable investment offerings and services to the Thai client market, in conformity with international standards.
Guided by the Business Philosophy "CRC Care,"
Published on 15/01/2024
» Mr. Yol Phokasub, Chief Executive Officer of Central Retail Corporation Public Company Limited (CRC), stated that Central Retail is committed to creating a fully integrated ecosystem as a "Platform of Trust" that effectively addresses people's lives and builds trust with all stakeholders. We have a clear brand purpose of being "Central to Life" in every country in which we operate and have achieved solid success through the business philosophy of "CRC Care," which represents our commitment to nurturing and elevating every sector for sustainable growth. This philosophy incorporates seven main dimensions as follows:
Thai Union Secures THB 11.5 Billion Sustainability-Linked Loan for Blue Finance Phase Two
Published on 01/12/2023
» Thai Union Group PCL, the global seafood leader, announces the successful closure of a THB 11,485 million Sustainability-Linked financing package, marking the beginning of the second phase of their Blue Finance program, aligning with their commitment to increasing sustainability-linked finance to 75 percent of their long-term financing by 2025.
Accenture Expands Creative & Digital Expertise with Rabbit’s Tale Acquisition
Published on 29/11/2023
» Accenture (NYSE: ACN) has agreed to acquire Rabbit’s Tale, a Bangkok-based creative and digital experience agency. The move will significantly strengthen the regional creative, brand and data capabilities of Accenture Song – the world’s largest tech-powered creative group – and help our clients build and optimise digital experiences across the entire customer lifecycle for growth in Thailand.
Thai-Spanish Partnership Revolutionises Nutrient-Rich Rice for Healthier Future
Published on 28/11/2023
» Ms. Suchada Thaensap, Secretary to Minister of Higher Education, Science, Research and Innovation (MHESI) and H.E. Mr. Felipe de la Morena Casado, Ambassador of the Kingdom of Spain to Thailand, on November 28, 2566, jointly presided over the opening ceremony of “Spain-Thailand Innovation & Tech Dialogue Platform on Healthy and Sustainable Food Products & Processes: Functional Foods & Valorisation of Agrifood Waste” the collaboration in the development of innovation and technology focusing on Circular Economy and Agri-Food.
Bangchak Earns Top ESG and CGR Ratings
Published on 13/11/2023
» Bangchak Corporation Public Company Limited has been awarded a "AAA" SET ESG Rating, the highest possible, in the Resources Group category, from the 2023 SET ESG Ratings. This recognition, granted by the Stock Exchange of Thailand, underscores the company's strong commitment to good corporate governance, its consideration for shareholders and stakeholders, and its steadfast dedication to promoting sustainability in business, society, and the environment. Since 2015, Bangchak has consistently appeared in the Thailand Sustainability Investment (THSI) index, a testament to its efforts in conducting sustainable business operations, which encompass environmental, social, and governance (ESG) principles, and contribute to the sustainable development of Thai society.
VIMB and Harvey Law Group Launch Sustainable Citizenship Program
Published on 30/10/2023
» The longstanding partnership between Harvey Law Group (HLG) and Vanuatu Investment Marketing Bureau (VIMB) is set to reach new heights with the launch of the Capital Investment Immigration Plan (CIIP) under the Vanuatu Citizenship by Investment program, aimed at bolstering the country's sustainability efforts to achieve its 2030 carbon net zero goals.
MINT Completes Thailand's First Tourism SLL Achievement
Published on 19/09/2023
» Minor International Public Company Limited (MINT) is pleased to announce a remarkable milestone with the completion of EUR 500 million Syndicated Sustainability-Linked Loan (SLL) refinancing, setting a precedent as the first loan of its kind within Thailand’s tourism and leisure sector. This SLL will be used to refinance existing syndicated facilities and support the Group’s growth across the region. The transaction has attracted strong interest from 19 prominent banks, ultimately generating strong demand that approached the one billion EUR mark, more than double the intended target. The syndication demonstrates the market's trust in MINT's prospects, allowing the company to secure long-term liquidity while also optimising its average cost of debt.
China's strong economy drives global oil consumption
Published on 27/03/2023
» Entering 2023, the price of crude oil is stable slightly lower than last year, the Russia-Ukraine war continues into the 2nd year, and China has returned to open the country which tends to increase oil demand. However, what affects the price of oil is not just the fundamental factors of oil production or consumption, but also economic and financial aspects that are linked to fund flows. At present, investors are concerned about the monetary policy of the Federal Reserve (Fed) that if the policy rate is raised higher for longer than expected, it will cause a sell-off of risk assets including oil. From December 2022 until now, the price of ICE Brent crude oil has never moved above $90 per barrel, compared to last year when the price exceeded $100 per barrel from March-August 2022 and even exceeded $128 per barrel for a while.