Thailand to host the Fifth APEC Meeting of Ministers Responsible for Forestry (MMRF5) to bring about sustainable forest resource management

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The Royal Forest Department ensures of the conference’s success.

Thailand to host the Fifth APEC Meeting of Ministers Responsible for Forestry (MMRF5) to bring about sustainable forest resource management

Ministry of Natural Resources and Environment (MNRE) is opening a new page of history by being entrusted to host the 5th APEC Meeting of Ministers Responsible for Forestry (MMRF5) on August 23-25 in Chiang Mai, Thailand. This MMRF5 will be the first time for Thailand to host the ministerial level in forestry sector by following the last MMRF4 which was hosted by Republic of Korea in 2017. The MMRF is a forum to strengthen technical cooperation to achieve sustainable forest management as well as combating climate change effect among members of APEC.

“The MMRF forum serves as an important platform to establish cooperation in tackling problems seriously, for our generation and the next,” MNRE permanent-secretary Jatuporn Buruspat said. 

Thailand to host the Fifth APEC Meeting of Ministers Responsible for Forestry (MMRF5) to bring about sustainable forest resource management

Thailand will take the opportunity at the forum to call on and encourage APEC members to overcome any conflicts that may occur through cooperate, promote, and develop initiatives by highlighting three “If” scenarios: 1) “Business-as-usual” which under the current trend is still beset by numerous problems that need to be solved, 2) “Aspiration” which calls on all APEC members to set milestones as a reference point to achieve targets such as the Sustainable Development Goals under the Paris Agreement on Climate Change and acting accordingly to produce concrete results and, 3) to trigger “Disruptive” with expected environmental catastrophic changes if doing nothing.

Meanwhile, Jatuporn noted that Minister Varawut Silpa-archa intends to put forward the concept of the Thailand’s initiative-BCG (Bio-Circular-Green Economy) Model to the MMRF5. The minister will also encourage all APEC members to deploy appropriate tools to promote legal timber trade, combating illicit timber business, and taking other actions related to the matters such as certification of the Timber Legality Assurance System. Furthermore, public-private partnerships among entrepreneurs in the forest industry to foster mutual understanding, information exchange, and to halt forest loss and land degradation to balance greenhouse gas emissions and reabsorption will also be promoted. Those initiatives will align with the Cabinet Resolution on April 12, 2022, and are in accordance with the pledge made by Thailand in the Glasgow Leaders on Forests and Land Use Declaration. 

Thailand to host the Fifth APEC Meeting of Ministers Responsible for Forestry (MMRF5) to bring about sustainable forest resource management

Jutaporn said that the Minister has assigned the Royal Forest Department to fully prepare for the MMRF5 as it shows the importance of Thailand’s participation in the international community in solving forest problems which have an impact on climate change and livelihood of people. The Chiang Mai forum is expected to be attended by about 300 people including ministers and senior officials responsible for forestry missions from the 21 APEC Economies, and officials from APEC Secretariat, APEC Business Advisory Council, ASEAN Secretariat, the PECC International Secretariat and Pacific Islands Forum Secretariat, as well as invited guests, observers and exhibitors from various sectors.

Thailand to host the Fifth APEC Meeting of Ministers Responsible for Forestry (MMRF5) to bring about sustainable forest resource management

MNRE offers various channels to access related information to this meeting through press conferences, the ministry’s website, on-line news delivery, and printed media outlets. In addition, interested parties can visit the exhibition of the conference in person at the Le Meridien Hotel in Chiang Mai. 

“MNRE expects that by hosting the MMRF5 in Thailand, the Thai public will be given a direct opportunity to learn about forest resource management international-wide”, the permanent secretary concluded.

Published : August 17, 2022

By : THE NATION

Amataya Wellness makes debut of Thailand’s first-ever salt hot spring rehabilitation and healthcare center in Krabi

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https://www.nationthailand.com/pr-news/business/pr-news/40018963


Amataya Wellness has recently made its debut as Thailand’s first-ever salt hot spring rehabilitation and healthcare center situated in the heart of the Klongtom district in Krabi province. 

Amataya Wellness makes debut of Thailand’s first-ever salt hot spring rehabilitation and healthcare center in Krabi

Established as one of the pilot projects under the Klongtom Heritage project, Amataya Wellness is introducing a comprehensive range of rehabilitation and healthcare services evolved by Amataya Rehabilitation Hospital. The hospital specialized in providing rehabilitation and healthcare services using the salt hot spring and scientifically proven physical therapy programs for patients suffering from stroke and other ailments. The Amataya Holistic Medical Treatment offers an extensive range of health treatment programs in combination with salt hot spring baths for maintaining good health and keeping pace with prevention before falling victim to serious illnesses, conforming to Klongtom Heritage’s “Where Miracle Becomes Reality” concept.

The opening of Amataya Wellness was held on August 8, 2022, while many distinguished guests and members of the press participated in this event. The institute is regarded as the first-ever salt hot spring rehabilitation and healthcare canter in Thailand and one of the most important pilot projects under the Klongtom Heritage project. 

Dr. Noppadol Noppakun, Chief Executive Officer of Amataya Wellness, said Amataya Wellness is evolved with the aim of bringing the inestimable value of Klongtom Salt Hot Spring to patients of various diseases and health lovers to be applied in conjunction with modern medicine to provide the highest benefits for everyone’s health and wellness in new dimensions, whether it is “cure” for patients of various diseases or “prevention” for those who have not yet experienced serious ailments and are seeking excellent health. Amataya Wellness is successfully developed to spearhead the Klongtom Heritage project and will contribute to the accomplishment of driving Krabi province towards becoming a new world health destination more substantially and sustainably, getting ready to welcome not only Thai tourists but also health lovers from all over the world. With this primary intent, Amataya Wellness has categorized its services into two key areas, including Amataya Rehabilitation Hospital and Amataya Holistic Medical Treatment, unveiling the great advancement of therapeutic science of western and oriental medicine. 

Amataya Wellness makes debut of Thailand’s first-ever salt hot spring rehabilitation and healthcare center in Krabi

Klongtom Salt Hot Spring is unique and special with its highly appropriate temperatures and distinctive healing properties, particularly in helping stimulate healthy blood circulation, lower blood pressure, reduce joint inflammation, and relieve musculoskeletal symptoms. The miraculous salt hot spring is also efficient in keeping the nervous system healthy and reducing inflammation of the skin. 

At Amataya Rehabilitation Hospital, patients will be offered personalized health rehabilitation programs using salt hot spring baths in combination with scientifically proven physical therapy and traditional Thai massage. Furthermore, the Klongtom Heritage project has been joined by well-known business alliances, including TRPH Hospital, Wat Phra Chetupon Traditional Medicine School (Wat Pho), Ishii Stroke Rehabilitation Center, and Bangkok Healthcare Service (BHS), for their utmost professionalism and long-standing experience in specific areas of expertise. In addition, healing properties derived from the salt hot spring can be ideal for rejuvenating stroke patients. The salt hot spring can also be used to treat several other ailments, such as Parkinson’s disease, psoriasis, muscle injuries caused by sports, diabetic wounds, and more, which must be practiced under the close supervision of professional doctors and nurses.

Amataya Wellness makes debut of Thailand’s first-ever salt hot spring rehabilitation and healthcare center in Krabi

At Amataya Holistic Medical Treatment, the healing benefits of the salt hot spring are used in combination with traditional Thai massage available in the forms of therapeutic baths, spas, and massage for both treatment and relaxation. Soaking or bathing in the salt hot spring can also help stimulate the nervous and circulatory systems to function better in the long term. In the very near future, Amataya Wellness plans to come up with a broader range of superior healthcare services, for example, regenerative medicine with cell therapy and personalized medicine, which will be developed as personalized healthcare programs, while preparing to expand the service areas to serve a growing demand for services in the future.

Mr. Wichai Poolworaluk, Chairman of Klongtom Heritage Company Limited, reaffirmed the establishment of the Klongtom Heritage project and the opening of Amataya Wellness have paved the way for Krabi province to become a new world health and wellness destination in a more substantial manner, particularly in upgrading its level among other provinces in the Andaman Wellness Economic Corridor (AWC) project and moving forward with the National Economic Development Plan for the development of Thailand’s health tourism. These have labeled Krabi province as one of the world’s smart health and wellness cities as the province has demonstrated its potential and readiness for health tourism, with amazingly beautiful nature highlighted by famous seas, picturesque mountains, and tropical forests. When combining them with the uniqueness of Klongtom Salt Hot Spring, regarded as one of the world’s five best salt hot springs, it reflects Amataya Wellness’s truly specialized expertise in medical care and health rehabilitation, reassuring the confidence in promoting Thailand as another must-visit international health and wellness hub for everyone across the world.

Amataya Wellness makes debut of Thailand’s first-ever salt hot spring rehabilitation and healthcare center in Krabi

Amataya Wellness is Thailand’s first-ever salt hot spring rehabilitation and healthcare center, located at 88 Moo 7, Huai Nam Khao sub-district, Klongtom district, Krabi province 81120. It offers a comprehensive range of medical treatment and health rehabilitation services for both IPD and OPD patients who are seeking health rehabilitation programs, particularly for recovery after stroke and other ailments. The rehabilitation and healthcare center also provides preventive healthcare services which include salt hot spring baths and traditional Thai massage. For more information, please contact Amataya Wellness at Tel: 092 270 2589.     
 

Published : August 16, 2022

By : THE NATION

Bass on the beach: Standard Sounds and Strange Fruit to amp up Hua Hin this August

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https://www.nationthailand.com/pr-news/business/pr-news/40018959


Fresh collaboration with Bangkok’s underground vinyl venue to include sunset sessions and beach parties at The Standard, Hua Hin every Saturday throughout the month.

Bass on the beach: Standard Sounds and Strange Fruit to amp up Hua Hin this August

The Standard, Hua Hin, the stylish Thai resort where chic beach vibes meet mid-century style, will bring the bass to the beach this August as it collaborates with Strange Fruit, the underground vinyl venue in Bangkok, for the latest edition of Standard Sounds.

Every Saturday at sunset (16.00-19.00 hrs), Standard Sounds and Strange Fruit will bring Thailand’s top DJs to the chic surroundings of The Standard, Hua Hin’s Lido Bar for a series of seafront sessions. In a laid-back ambience, hotel guests, international visitors and local residents can chill out on sofas, cool off in the pool or lounge on the lawn while listening to soulful DJ sets and sipping cool cocktails. After dark (20.00-23.00 hrs), the party moves to the hotel’s Beach Bar as DJs up the tempo and revelers dance the night away on the soft sand.

Bass on the beach: Standard Sounds and Strange Fruit to amp up Hua Hin this August

Standard Sounds kicks off on Saturday 6th August with Sabai Sabai Radio – Maarten G. Goetheer – who have been dubbed “the Gene Wilder and Richard Pryor of Bangkok”. This offbeat DJ is’t stir crazy, but he has been laying down the baddest cuts since 2015 with an ambiguous musical style that transcends genres, pushes boundaries and raises roofs.

Following this on 13th August, The Standard, Hua Hin becomes the temporary clubhouse of Panna, the Lonely Girls Club. Founded by three best friends, Kade, Panna and Ubby-Ibby, all of whom have different tastes in music, the Lonely Girls Club’s music is all about the 2000s. Ranging from soulful R&B by Panna to reggae from Ubby-Ibby and gangster rap from Kade, these three girls will give guests something they’ve never seen or heard before.

Bass on the beach: Standard Sounds and Strange Fruit to amp up Hua Hin this August

For the third Standard Sounds session of the month on 20th August, Aopsher, one of Thailand’s most in-demand DJs, playing the sunset session. A resident at Bangkok’s famous Sing Sing Theater, Vogue Lounge and Beam, he is an active supporter of the local vinyl community. 

Finally on Saturday 27th August, Strange Fruit will invite two Red Bull Music 3Style champions to fire up the crowd. Bomberselecta, the Thai turntablist, twice winner of national 3Style competition and finalist of the world event in Tokyo, will spin an eclectic mix of electro beats, R&B, hip hop, funk and reggae. 

Bass on the beach: Standard Sounds and Strange Fruit to amp up Hua Hin this August

“Strange Fruit is all about the music – they care about great sounds and want to share them with a like-minded crowd. That’s what sets their Bangkok club apart and what makes them the perfect partner for The Standard, Hua Hin. We’re committed to promoting the Thai music scene and bringing the hottest acts to our guests and the wider community. Our Standard Sounds sessions are becoming the most sought-after tickets on Hua Hin’s cultural calendar,” said Mai Vejjajiva Timblick, Chief Creative & Culture Officer for Standard Asia.

Standard Sounds, The Standard’s global music division, curates live sessions in inspiring settings around the world. Just as every Standard hotel is unique, each property has a distinct identity that reflects the rich culture of its surroundings. With its a cool Miami vibe, The Standard, Hua Hin sets the stage for emerging and established artists that reflect the modern face of Thailand’s vibrant music scene, from DJs to indie bands, solo artists and more. 

Bass on the beach: Standard Sounds and Strange Fruit to amp up Hua Hin this August

The Standard hotels are present in the most desirable of destinations, from Miami Beach to the Maldives, London to New York, Hua Hin to Bangkok. A haven for curious explorers, The Standard, Hua Hin was named on Condé Nast Traveler’s “Hot List” for 2022, a highly exclusive selection of the world’s most exciting new hotels. The Standard, Hua Hin was also recognized by Travel + Leisure’s World Best Awards as the #1 Resort Hotel in Southeast Asia!

Connect with the hotel via:
Facebook: The Standard Hua Hin
Instagram/Line: @thestandardhuahin
Web: www.standardhotels.com/hua-hin


—  –

Published : August 16, 2022

By : THE NATION

DITP to Host Bangkok RHVAC 2022 and Bangkok E&E 2022 On September 7-10

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https://www.nationthailand.com/business/pr-news/40018956


The Department of International Trade Promotion (DITP), Ministry of Commerce join hands with the private sector to organize Bangkok RHVAC 2022 and Bangkok E&E 2022, the biggest event in three years for the air-conditioning and refrigeration as well as the electric and electronics industries.

DITP to Host Bangkok RHVAC 2022 and Bangkok E&E 2022 On September 7-10

The event will feature cutting-edge innovations and a variety of products and services from well-known local and overseas manufacturers during September 7-10, 2022 at BITEC, Bangkok.

Nantapong Chiralerspong, Deputy Director-General of the DITP revealed that the DITP, in collaboration with the Air-conditioning and Refrigeration Industry Club and the Electrical and Electronics Industry Club, the Federation of Thai Industries, will organize Bangkok Refrigeration, Heating, Ventilation and Air-Conditioning 2022 (Bangkok RHVAC 2022) and Bangkok Electric and Electronics 2022 (Bangkok E&E 2022), a significant event that has returned after three years since the outbreak of the COVID-19 pandemic.

Bangkok RHVAC 2022 and Bangkok E&E 2022 will be held under one roof in the concept of One Stop Solutions with New Innovations for New Global Challenges to showcase the complete range of Thai manufacturers’ innovative products and services that answer the world’s challenges, such as pandemics and environmental issues.

The event will gather top brands with expertise in air-conditioners, refrigerators, freezers, compressors, parts and accessories as well as leading manufacturers of electric and electronic appliances for home and industrial use from over 100 companies in 400 booths covering 10,000 square meters of exhibition area. 

DITP to Host Bangkok RHVAC 2022 and Bangkok E&E 2022 On September 7-10

“In addition to such products and services from top brands and manufacturers, there will be highlighted activities for special products and innovations, divided into 3 zones namely One Stop Solutions exhibition, Product Showcase and Stay Healthy, Stay Connected exhibition. In the One Stop Solutions exhibition, we will present as Smart Home, which is a modern home with alternative energy use such as solar rooftop, IoT system, energy-saving cooling system with germ and dust prevention purifier and home devices for electric vehicles,” further added Nantapong.

This exhibition will also include several related issues: Internet of Things, Energy Service Company, Climate, International Standard, Refrigerant Trend, Air Quality, Safety and Technology with daily relevant seminars.

For the Product Showcase, Supanee Chantasasawat, Chairperson of the Air-conditioning and Refrigeration Industry Club said that it will present the 5 following product categories namely New Innovation Product, Environmentally Friendly Product, Energy-Saving Product, New Normal Product and IoT System Product with such interesting products as large air-conditioner or Air Handling Unit (AHU), Honeycomb Cooling Pad that reduces calcium slag, solar hybrid air-conditioner which can be powered by the solar cell, energy saving air-conditioner, high-performance air purifier, Energy Recovery Ventilation (ERV) unit and fresh air supply fan.

DITP to Host Bangkok RHVAC 2022 and Bangkok E&E 2022 On September 7-10

For the other highlight, the Stay Healthy, Stay Connected exhibition, Suradej Boonyawatana, Chairman of the Electrical and Electronics Industry Club revealed that the Electrical and Electronics Industry Club and the Air-conditioning and Refrigeration Industry Club, the Federation of Thai Industries collaborate with Synchrotron Light Research Institute (Public Organization), as the Electrical, Electronics and Air-conditioning Cluster, to showcase innovation for smart living solutions and medical smart electronics answering the world’s health and sanitary problems.

DITP to Host Bangkok RHVAC 2022 and Bangkok E&E 2022 On September 7-10

There will be interesting products, such as vaccine freezer, mobile refrigerator, air-conditioning system for negative pressure room and dental room, telemedicine device, smart electric pole for the smart city using solar and wind energy and also portable air purifier, as well as interesting medical research models, such as lipid nanoparticles synthesis for COVID-19 vaccine development, surgical mask filtering effectiveness tester, high purity oxygen concentrator and linear particle accelerator model for medical use.

Thailand, currently, is the top exporter of air-conditioners and refrigerators, ranked 2nd largest air-conditioner export in the world with 40,000 million USD while the export value of refrigerators is about 28,700 million USD.

Moreover, Thailand exports electric and electronics products with an increasing growth rate now ranked the world’s 13th and valued at 65,721 million USD.

“Bangkok RHVAC 2022 and Bangkok E&E 2022 will help re-emphasize the position of Thailand as Southeast Asia’s leader in the air-conditioning, refrigeration, electric and electronics industries. This event will also show the potential of Thai manufacturers that can develop and create new innovations to respond to the global market’s needs and answer the world’s challenges. We anticipate welcoming over 5,000 visitors and to generate an immediate order of over 1,500 million Baht,” said Nantapong. 

Bangkok RHVAC 2022 and Bangkok E&E 2022 will be held in September 7-10, 2022 at BITEC, Bangkok. This trade show will be open for trade visitors for all four days, while public visitors will be invited to shop and visit the exhibition booths on the last two days of the event.

Those interested can pre-register to visit the trade show via https://pre.eventthai.com/publics/create/visitor/rhe22/step1.

For further information, please visit www.bangkok-rhvac.com and www.bangkok-electricfair.com.

Published : August 16, 2022

Honda Motorcycle aims for 10% growth, targets sales of 1.359 million units in 2022

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https://www.nationthailand.com/pr-news/business/pr-news/40018942


Its 4 top models show highest volumes in each A.T. category, lead to continuous growth in Thailand’s A.T. segment.

Honda Motorcycle aims for 10% growth, targets sales of 1.359 million units in 2022

Thai Honda, the leader of Thailand’s motorcycle industry, expects 8% growth or sales of 1.74 million units in 2022 following on positive trend in the first half of the year. The A.T. segment topped the overall best-sellers. Now that the global semiconductor shortage seems to be easing, the company is ready to achieve high productivity to respond to the demands of Thai people, and is targeting 10% growth or sales of 1.359 million units this year to maintain its top ranking in the market for the 34th consecutive year.
 
Mr. Shigeto Kimura, President of Thai Honda Co., Ltd., stated: “In the first half of this year, the overall motorcycle market in Thailand continued to grow.  Of the 911,162 units registered overall or 4% growth compared to the same period last year, Honda accounted for 705,487 units, or 3% growth, which is very close to the overall market.  The A.T. segment topped the best sellers with 397,733 units sold, representing 6% growth. Of particular interest is that Honda’s A.T. segment rose by 12% with 279,207 units sold, a significant higher growth rate compared to the overall market.

Honda Motorcycle aims for 10% growth, targets sales of 1.359 million units in 2022

“The reasons for the popularity of Honda A.T. motorcycles are that they are easy to ride, provide comfort and full functionality and offer a wide variety of designs to meet modern lifestyles. In the A.T. category, the Honda Scoopy topped the fashion A.T. segment with 96,679 units registered. Meanwhile, the Click Series topped the sport A.T. segment 64,732 units registered, with the PCX160 having the highest sales volume in the premium A.T. segment with 77,708 units sold. And finally, among the high premium A.T., Forza 350 is the most popular model with 10,988 units sold.  

“These four models of Honda A.T. motorcycles are popular thanks to the unique designs that reflect modern characters and lifestyles, full functionality for comfort and safety, as well as Honda’s powerful eSP+ 4 valve technology.

Honda Motorcycle aims for 10% growth, targets sales of 1.359 million units in 2022
 
“The overall market in 2022 is estimated at 1.74 million units sold or 8% growth, compared to 2021. Honda has set a target of 1.359 million units or 10% growth, which is higher than the overall market growth. This is thanks to Honda’s effective spare parts and inventory planning strategy in dealing with the semiconductor shortage during the first half of the year and the marketing activities to boost sales of the new models in the second half of the year to successfully meet the new market demand.”

 Apart from the production planning and marketing strategies, in the second half of the year, the Honda Wing Centers are undergoing storefront makeovers with a new modern look. Honda has set a target to renovate 100 branches by end of this year. And to serve the increasing demands of Iconic Bikes customers, Honda is opening CUB House Corners in Honda Wing Centers, the number of which is expected to reach 22 by end of 2022.  Meanwhile, after-sales service standard will be upgraded to affirm customer’s confidence with hi-tech equipment and technicians who are masterful with new technology of Honda’s new models.

Published : August 16, 2022

By : THE NATION

Krungsri reaffirms its continuous assistance to all groups of customers

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https://www.nationthailand.com/business/pr-news/40018933


Krungsri (Bank of Ayudhya PCL and its business units) reaffirms its continuous assistance to all groups of customers to help accelerate their sustainable recovery, in alignment with the measures of the Bank of Thailand (BOT) and the Thai Bankers’ Association (TBA).

Krungsri reaffirms its continuous assistance to all groups of customers

Seiichiro Akita, Krungsri President and Chief Executive Officer, said “Krungsri has been assisting all groups of customers through various measures implemented by both the Bank and the government’s policies. With the current situation that the economy has been gradually recovering amid many challenging factors, including inflation that affects the cost of living and doing business, Krungsri strongly affirms its determination to maintain ongoing support for all customers, especially the vulnerable groups. The Bank has closely monitored the situation in order to offer suitable solutions to each customer segment to facilitate their sustainable growth in the long run.”

“For retail customers, Krungsri continues its various alleviating measures, namely reduced instalment amounts and extended instalment period. For business customers, the Bank emphasizes its proactive approach by having teams of relationship managers reach out and work closely with each business customer leveraging measures such as liquidity injection, lower interest rates, extended repayment period, and provision of consultancy so that customers can further sustain and move forward with their businesses.”

Impacted customers who require further assistance can check out more details at http://www.krungsri.com; while affected businesses can reach out to respective relationship managers; or contact Krungsri Business Center at 02-2966262 and 02-6262626.

Published : August 15, 2022

KBank offers free solar rooftop installation for 500,000 households

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https://www.nationthailand.com/business/pr-news/40018932


KBank continues to advance the ‘GO GREEN Together’ project, working with four partners in launching the ‘SolarPlus’ initiative, targeting the installation of solar rooftops for 500,000 households free of charge within five years.

KBank offers free solar rooftop installation for 500,000 households

To further implement the GO GREEN Together project, Kasikornbank has teamed with four partners, i.e., Electricity Generating Authority of Thailand, PEA ENCOM Smart Solution Limited, Supalai Public Company Limited, and INNOPOWER Company Limited, to unveil the SolarPlus project to support the Thai public’s use of clean energy.

The first effort of its kind in Thailand, the SolarPlus project aims to install solar rooftops for households for free to allow the general public to generate and sell electricity.

In the initial stage, the project will be implemented at Supalai housing estates.

Targeting installation of solar rooftops for 500,000 households within five years, KBank is prepared to provide a 50 billion Baht in loan facility to solar power developers.

The project is expected to help reduce greenhouse gas emissions by 2.3 million tons of carbon dioxide equivalent per year while encouraging Thais to embrace clean energy in alignment with Thailand’s net zero goals.

Pitpit Aneaknithi, KBank President, said, “To pioneer a comprehensive Green Ecosystem in Thailand, KBank recently unveiled the GO GREEN Together project. We have introduced various products and services to support this project, including a business loan for solar panel installation, Green Home Loan, EV car loans, and EV bike rental service, together with battery charging points at KBank branches. Along with this, KBank has joined with our partners to implement numerous projects encouraging Thais to embrace the green lifestyle with ease.”  

( LEFT-TO-RIGHT )Tritecha Tangmatitham , Khemmarat Sartpreecha , Pitpit Aneaknithi , Jiraporn Sirikum , Athip Tantivorawong ( LEFT-TO-RIGHT )Tritecha Tangmatitham , Khemmarat Sartpreecha , Pitpit Aneaknithi , Jiraporn Sirikum , Athip Tantivorawong

In cooperation with four essential business partners, KBank recently launched the SolarPlus project, which aims to promote the use of clean energy among Thai people.

The SolarPlus project has been designed for those interested in solar rooftop installation but is hesitant due to high investment costs, long payback period, and maintenance expenses.

This project is the first of its kind in Thailand to offer residential households free solar rooftop installation for electricity generation and sale.

In addition, the homeowners are not required to invest or pay any maintenance fees while benefiting from a 20-per cent discount on their electricity bills for the electricity generated from solar panels.

Initially, the project will be implemented with Supalai housing estates.

In addition, KBank will provide loans for PEA ENCOM Smart Solution Ltd. for investment in solar rooftop installation and maintenance for the project’s participants and will buy excess electricity generated by the participating households for use in the business group of KBank as part of the Bank’s efforts to shift to clean energy to increase the carbon handprint of the organization. 

Khemmarat Sartpreecha, Deputy Governor of Provincial Electricity Authority and Chairman of the Board of PEA ENCOM Smart Solution Ltd., said that the company is a service provider of household solar cell system installation and maintenance, without charging any installation or maintenance fees, and offers discounts on electricity bills to the participating households.

The terms and conditions of electricity fees will be in accordance with the related service agreements, wherein any surplus electricity will be sold to the system at 2.20 Baht per unit or traded under the peer-to-peer energy trading pattern.

The company expects that the SolarPlus project will encourage the public to use more clean energy by installing solar cell systems in their homes, which would not only save on energy costs but would also create a better environment.

The project is hoped to serve as a prototype of peer-to-peer energy trading that will be adopted in the near future.

Tritecha Tangmatitham, Managing Director, Supalai Public Company Limited, said, “The company has always attached importance to the design of residential projects, based on the green approach that focuses on energy-efficient homes. The company has set a target in 2022 to cut our carbon footprint by 25 per cent within the next three years, achieved via our plans to install solar panels at the Supalai Grand Tower Head Office, along with EV chargers at various residential projects nationwide, with the aim of reducing environmental impacts. Such efforts are also intended to support the government policy of reducing greenhouse gas emissions and achieving sustainable development goals (SDGs). To this end, the company has teamed with our business partners, which have a policy of environmental stewardship, and has joined forces with KBank to install solar panels at the Supalai Garden Ville Rangsit Khlong 2 project, which is a low-rise housing project where many buyers have already moved in.”

The solar panel installation program at this housing project will likely attract interest from residents because it helps save energy. 

Jiraporn Sirikum, Deputy Governor – Strategy, the Electricity Generating Authority of Thailand (EGAT), said, “Aside from electricity generation and transmission, which is EGAT’s key mission, EGAT has concurrently introduced new energy innovation solutions to meet the consumers’ needs during the digital era. These include offering them easier access to clean energy while emphasizing energy management.

For the SolarPlus project, EGAT has unveiled a peer-to-peer energy trading platform, which has been developed by EGAT’s teamwork and trialled in the ERC Sandbox Phase 1 project to add value to this project. EGAT aims to improve the peer-to-peer energy trading platform to be more user-friendly, thus attracting greater consumer interest. Once that is achieved, EGAT will commercially introduce this platform to meet consumers’ future needs.  

Athip Tantivorawong, Chief Executive Officer, INNOPOWER Company Limited, said, “INNOPOWER has promoted access to clean energy. The company offers one-stop services of renewable energy device registration and renewable energy certification (REC) trading. The focus is to increase income for power producers of renewable energy and provide convenience for business operators in achieving the goal of clean energy use “

REC is a mechanism that supports the production and use of electricity generated from renewable energy while also enhancing the capability of sustainable energy innovation development in Thailand.

Pipit noted in closing that the project is planned to expand nationwide, targeting the installation of solar rooftops for 500,000 households within five years. In addition, KBank is prepared to provide 50 billion Baht in loan facility to solar power developers.

The program is expected to help reduce greenhouse gas emissions by 2.3 million tons of carbon dioxide equivalent per year while encouraging Thais to embrace clean energy increasingly.

This will accelerate the rise of a practical green ecosystem in society, thus leading to the achievement of Thailand’s net zero goals.

Published : August 15, 2022

Hilton has announced enhancements to their ESG strategy “Travel with Purpose”

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https://www.nationthailand.com/pr-news/business/pr-news/40018885


Hilton, a leading global hospitality company is moving towards furthering its preservation efforts in destinations where they operate and driving inclusive growth in communities worldwide.

Hilton has announced enhancements to their ESG strategy "Travel with Purpose"

Its updated 2030 benchmarks include stronger, more ambitious greenhouse gas emissions targets, which were re-validated by the Science Based Targets Initiatives (SBTi), to adapt to evolving climate science and best practices and align with targets set during the 2015 Paris Climate Accords. By 2030, Hilton has pledged to: 
 
Cut emissions intensity by 75% in managed properties

Cut emissions intensity by 56% in  franchised properties 
 
Hilton has also made new commitments to a carbon reduction goal of below 2°C for its franchised properties, and to invest in carbon sequestration technologies such as renewable energy and smart buildings to decarbonize the $10.5 trillion real estate industry through Fifth Wall’s Climate Tech Fund.
 
Furthermore, Hilton also reaffirmed its commitment to supporting communities where it operates in its three updated social impact goals. By 2030, Hilton aims to: 
 

 
 

Create 5 million learning and career growth opportunities for Team Members and communities

Meaningfully impact 20 million community members through local support, disaster relief, economic opportunities, and more 

Promote responsible, inclusive conduct across 100% of Hilton’s value chain operations

Published : August 14, 2022

Thailand aims to host IUFRO 2029 under the concept ‘Open. Connect. Balance.’

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/pr-news/40018842


The Ministry of Natural Resources and Environment is set to nominate Thailand as the host of the 27th World Congress of the International Union of Forest Research Organization, or IUFRO 2029, which is the world’s largest forest congress organised every five years.

Thailand aims to host IUFRO 2029 under the concept ‘Open. Connect. Balance.’

During the recent meeting of the National Forest Committee which is chaired by Deputy Prime Minister Gen Prawit Wongsuwan, Natural Resources and Environment Minister Varawut Silpa-archa said that Thailand is ready to be the host of IUFRO congress in 2029, which is expected to be joined by over 5,000 researchers worldwide.

The meeting then nominated the Faculty of Forestry, Kasetsart University and the Ministry of Natural Resources and Environment to be delegates of Thailand in the hosting of IUFRO 2029.

Thailand aims to host IUFRO 2029 under the concept ‘Open. Connect. Balance.’

The National Forest Committee also approved the drafts of two statements. The first is the statement for the Fifth Apec Meeting of Ministers Responsible for Forestry (MMRF5), also known as Chiang Mai Statement, which highlights the success of forestry operations in Asia Pacific region that are able to increase forest area by 27.9 million hectares, and the adoption of Bio-Circular-Green (BCG) economy to achieve Apec’s mission of sustainable forestry management.

Thailand aims to host IUFRO 2029 under the concept ‘Open. Connect. Balance.’

The second is the statement of the Natural Resources and Environment Minister as the chairman of Apec Ministers Responsible for Forestry, which highlights the concept of ‘Open. Connect. Balance.’ that Thailand will adopt in hosting the IUFRO 2029.

Thailand aims to host IUFRO 2029 under the concept ‘Open. Connect. Balance.’

The move to nominate Thailand as the host of IUFRO 2029 will soon be proposed to the Cabinet for approval.
 

Published : August 13, 2022

By : THE NATION

EGCO Group posts over 3,200 million baht operating profit in Q2/2022

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https://www.nationthailand.com/business/pr-news/40018833


Electricity Generating Public Company Limited or EGCO Group announced continuous growth in the second quarter of 2022 with 3,219 million baht operating profit.

EGCO Group posts over 3,200 million baht operating profit in Q2/2022

Recently, the company has successfully completed the constructions of the “Nam Theun 1” hydropower project and the Extension of Petroleum Pipeline System in Northeastern project “TPN” which will shortly start commercial operations and recognize income.

Thepparat Theppitak, EGCO Group’s President, said, “Our operations in Q2/2022 have progressed well as planned. Despite continuous fuel price increases due to the Russia-Ukraine war, EGCO Group has continuously managed the fuel cost to achieve the highest possible efficiency level in our electricity generation activity”.

Other significant milestones in the second quarter to date are the financial agreement signing to secure financial support for the “EGCO Cogeneration SPP Replacement” project with a 74 MW net capacity in Rayong province, and the complete construction of two projects – “Nam Theun 1” hydropower project with an installed capacity of 650 MW in Lao PDR and the Extension of Petroleum Pipeline System in Northeastern project “TPN” in Saraburi-Khon Kaen province. The two latter projects are ready to start commercial operations and immediately recognize income.

The company also announced strong operating performance for Q2/2022.

EGCO Group posts over 3,200 million baht operating profit in Q2/2022

The total revenue in this quarter was 15,217 million baht, an increase of 48% compared to the same period last year. The operating profit was 3,219 million baht, an increase of 17% year on year.

Key factors contributing to the robust performance are the stronger performance of the “BLCP” power plant and “Nam Theun 2” hydropower plant as well as income recognition from investment in “APEX Clean Energy Holdings” in the US. When considering operating performance in the first six months, the company reported 7,391 million baht operating profit, 53% higher than the same period last year.

As for the first half of 2022, the company booked a net profit of 3,339 million baht, an increase of 59% compared to the same period last year. However, the financial performance for Q2/2022 was affected by the conversion of foreign currency liabilities into Thai baht due to the weaker baht and the impact of the change in the fair value of financial instruments. However, both items have no impact on cash flow and business operations.

For the investment direction in the second half of this year, Thepparat stated, “EGCO Group continues to seek new investment opportunities. Based on our “Cleaner, Smarter and Stronger to Drive Sustainable Growth” concept, EGCO Group will focus on the expansion of the electricity generating business, which is a mid-stream business, in the areas where we already have a business presence, especially in the US. We will also focus on growing our fuel and infrastructure business through the “TPN” project operations.

EGCO Group posts over 3,200 million baht operating profit in Q2/2022

In terms of electricity innovation and the new S-Curve business,     we have invested in “Innopower”, which will strengthen our competitive advantages, and drive EGCO Group to become a low carbon company and create sustainable growth in the future. 

Published : August 12, 2022