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PRO-Thailand Network: Leading the ‘Game Changer’ in Post-Consumer Packaging for a Sustainable Future
Published on 28/09/2023
» Thailand generates a substantial amount of waste, a significant portion of which is plastic. The environmental ramifications of this are concerning. Post-consumer packaging waste poses threats to both land and aquatic ecosystems, as well as to wildlife. The primary obstacles to recycling include a lack of awareness, insufficient infrastructure, and limited demand for recycled materials. However, numerous initiatives aim to increase the recycling rate, with the private sector also playing an active role. One notable initiative is the PRO-Thailand Network (Packaging Recovery Organisation Thailand Network), which represents a collaborative effort among the government, industry, and civil society.
Baht depreciates further; other Asian FX steady
Reuters, Published on 28/09/2023
» BENGALURU - Thailand's baht slumped to its lowest in more than 10 months on Thursday, hit by persistent worries over the country's fiscal outlook, while other Asian currencies steadied after recent losses against a rallying United States dollar.
Vietnam court jails climate activist for tax evasion: lawyer
AFP, Published on 28/09/2023
» HANOI - A Vietnamese court on Thursday jailed a leading climate activist for tax evasion, the latest environmentalist put behind bars by the communist government.
Ananda opts to initiate price cuts
Business, Kanana Katharangsiporn, Published on 28/09/2023
» Ananda Development Plc will cut the prices of its ready-to-move-in residential units, reducing the company's gross profit by 8%, in an effort to secure liquidity and bolster cash flow amid a risk that it may be unable to secure a bond rollover, along with the crisis generated by the Ashton Asoke case.
Rates, weak currency continue to weigh on SET
Business, Nareerat Wiriyapong, Published on 28/09/2023
» The Bank of Thailand's policy rate hike of 0.25% and the weakening baht are pressuring the Stock Exchange of Thailand (SET) after the index already tumbled below the resistance level of 1,500 points, say analysts.
Prime Road looks to clean power
Business, Yuthana Praiwan, Published on 28/09/2023
» Growing concern over climate change is helping SET-listed Prime Road Power, an operator of solar farms and provider of solar panel installation services, expand its business, with the aim to increase clean power generation capacity to 1,800 megawatts across Asia within five years, says chairman and founder Somprasong Panjalak.