Environment
Bangkok’s electricity consumption hits new record high
Bangkok’s electricity consumption surged to a new high of 29,680.3 megawatts on Saturday night due mainly to widespread use of air-conditioners of the residential sector
The peak power consumption which was registered at 9.35 pm on Saturday night broke the record set on May 11th 2016 at 10.28 pm when 29,618.8 megawatts of electricity were used.
Mr Roengchai Kongthong, deputy governor for transmission system of the Electricity Generating Authority of Thailand attributed the surge in power consumption to the high temperatures in Bangkok, averaging 32 degrees Celsius, which have forced most households to switch on their air-conditioners.
Mr Roengchai, however, assured that Egat, the country’s biggest power producer, has enough power reserves to meet the increasing power demand during the hot season.
Meanwhile, the Meteorological Department forecast that weather today in most parts of the country except in the southern region will be hot and up to very hot with maximum temperatures ranging from 40-44 degrees Celsius.
Environment
Rising Seas Will Erase Bangkok by 2050
The sinking of the city is also driven by the sheer weight of the built-up urbanisation, as well as uncontrolled groundwater extraction.
New research shows that rising seas could affect three times more people by 2050 than previously thought, according to new research, threatening to all but erase some of the world’s great coastal cities including Thailand’s capital.
(more…)Environment
Environmental-related crises top list of Business Risk in Asia
Fiscal crises emerges as the leading risk for doing business according to World Economic Forum , but in Asia environmental-related crises are a biggest concern.
Economic issues dominate concerns for business executives around the world, according to the World Economic Forum’s Regional Risks for Doing Business 2019 report.
(more…)Environment
Thailand pushes energy development in ASEAN
The priority plan is to initiate an ASEAN power grid including Laos, Myanmar and Malaysia through the power infrastructure of Thailand
The Energy Ministry of Thailand is ready to push forward five plans to promote energy sector in ASEAN at the 37th ASEAN Ministers on Energy Meeting (AMEM) that scheduled for Sept 2-6 in Bangkok.
(more…)
Thailand among top five countries for salary hikes
Thailand is among the top five economies in the world to see real salary increases and is likely to see...
Thailand Ecommerce Market: Shooting For Success
At present, the Thai ecommerce market is valued at USD 3.5 billion. According to a Google Temasek study, Thailand’s e-commerce...
Aspire Set to Become First SME Neobank in Southeast Asia with US$32.5 Million Raise
The recent financing has been led by Mass-Mutual Ventures Southeast Asia with participation from Silicon Valley’s Arc Labs and existing...
Thai bank forecasts 23 million Chinese tourists in Thailand by 2030
ADB Trims Southeast Asia’s growth forecast to 4.4%
Bangkok enters top 50 most expensive locations for expatriates
Bangkok drops to 20th spot on expat-friendly cities ranking
Thai economy continued to be on a decelerating trend (Bank of Thailand)
Thailand ranks sixth for world’s strongest health security
Thai Airways losses spiral to 11 billion baht
Thailand’s 2019 Forecast Cut to 2.6% as Q3 GDP slows to 0.1%
Corporate debt market in Thailand well positioned for further growth
Thai exports down 4.5% in October
ADB Trims Southeast Asia’s growth forecast to 4.4%
Thailand ranks sixth for world’s strongest health security
Alibaba confirms $13bn listing in Hong Kong
RCEP trade deal hits snag over India’s demand
Thailand’s loss of trade privileges with US is credit negative
Lifestyle1 week agoBangkok drops to 20th spot on expat-friendly cities ranking
Lifestyle4 days agoBangkok enters top 50 most expensive locations for expatriates
Economics3 days agoADB Trims Southeast Asia’s growth forecast to 4.4%
Tourism1 day agoThai bank forecasts 23 million Chinese tourists in Thailand by 2030