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90% of flooded plants could go back to normal before year-end

More than 90 per cent of the plants within and outside the seven submerged industrial estates will resume operation before the end of December, Deputy Prime Minister/Commerce Minister Kittirat Na Ranong said on Friday

Aishwarya Gupta

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More than 90 per cent of the plants within and outside the seven submerged industrial estates will resume operation before the end of December, Deputy Prime Minister/Commerce Minister Kittirat Na Ranong said on Friday

Mr Kittirat told reporters the industry ministry informed him that restoration at the submerged industrial estates has significantly progress. Floodwater has been drained out of each estate’s compound and most plants have repaired their machinery.

“The government believed that 90 per cent of those plants would be able to resume output before year-end,”

Mr Kittirat said.

Meanwhile, four factories in the Rojana Industrial Park resumed production and many factories have conducted cleaning after floodwaters entirely receded Dec 1, according to Witthaya Lueanglueyot, senior general manager of Rojana Industrial Park.

The rest of the plants are expected to restart operations after the New Year, he said.

Prime Minister Yingluck Shinawatra will visit Rojana Industrial Park on Sunday to give moral support for entrepreneurs.

Rapid industrial expansion and population growth have outpaced environmental management, resulting in sharply increased pollution levels (e.g. solid and hazardous waste, air, noise, and water). For example, fine particles in Bangkok’s air exceed WHO standards by 2.5 times, and other air pollutants are also causing major health impacts. Overall, it is estimated that air and water pollution costs the country 1.6 – 2.6 percent of GDP per year.

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Most flooded plants back to normal before year-end: Kittirat

Investment

Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI

The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.

Pr News and BOI

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The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.

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Corporate

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COVID-19 created the world’s largest remote working experiment and, for many, showed just how possible it was for employees to do their jobs without being at the office.

Daniel Lorenzzo

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Following the real-world experiment with remote working, it’s time for business leaders to re-examine their previous misgivings, and explore how to adopt flexible working in the long term

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Corporate

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For many businesses, the Covid-19 pandemic was the catalyst for their organisational caterpillar to evolve toward digital transformation. Yet following the crisis, it remains to be seen which companies will emerge with wings – and which will simply be crawling along slightly faster than before.

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