Corporate
Honda Thailand destroys 1,055 cars damaged in flooding
Honda Automobile (Thailand) began destroying the first lot of 1,055 passenger cars badly damaged in severe flooding at its car delivery centre at Rojana Industrial Park in Ayutthaya province, north of Bangkok.
Honda Automobile (Thailand) began destroying the first lot of 1,055 passenger cars badly damaged in severe flooding at its car delivery centre at Rojana Industrial Park in Ayutthaya province, north of Bangkok.
The cars included 217 units of Brio, 213 units of Jazz, 353 units of City, 150 units of Civic, 91 units of Accord, 30 units of CR-V and 1 unit of Freed. “We made every effort to protect our plant, but with the massive amount of flood water.. 1055 vehicles that remained in the plant were finally damaged by the flood,” Pitak Pruittisarikorn, executive vice president of Honda Thailand, told a press conference.
Pitak Pruittisarikorn, executive vice-president of Honda Automobile, representatives from the Thailand Automotive Institute, the Office of the Consumer Protection Board, the Thai Industrial Standards Institute, the Provincial Excise Department and the media witnessed the event.
Corporate
The environmental case for remote working
Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.
During the pandemic, the environmental and societal benefits of working at home quickly became apparent. How can businesses protect these benefits in the future?
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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.
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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