Environment
Diamonds are forever but “James Bond Island” in Phang Nga Bay may not
Thailand’s Department of Mineral Resources will assess the stability of the limestone karst towers, which make up the chain of islands, after several similar rock formations, in both the Gulf of Thailand and the Andaman Sea, have collapsed.
Thailand’s Department of Mineral Resources, Montri Lueng-ingkasoot explained to ThaiPBS that most of the rock formations in the southern parts of Thailand are at high risk of erosion, and many of them have already been eroded by thunderstorms, which can affect the safety of tourists.
Due to the structure of James Bond Island and the risk factors, there is a possibility that part of the formation might collapse. A detailed assessment of the structural viability of the rocks has, however, never been carried out. The study will, however, take place in April and May.
A large rock formation, near Koh Talu of Hat Noppharat Thara–Mu Koh Phi Phi National Park in Krabi province, broke in half due to strong winds and high seas. Another formation collapsed in February, at Prasat Hin Pun Yod of Khao Yai Island, in Mu Koh Phetra National Park in Satun province, prompting officials to temporarily close the national park to tourists.
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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Environment
Asian cities most threatened by environmental risk
According to the first instalment of [email protected] series, which ranks the world’s 576 largest urban centres on their exposure to a range of environmental and climate-related threats, 99 of the world’s 100 riskiest cities are in Asia, including 37 in China and 43 in India.
Companies operating and investing in Asian cities are going to face an increasingly stiff test to their resilience.
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Recovering global trade supports APAC economies but Tourism exposure will temper Thailand’s rebound
The direct contribution of travel and tourism to Thailand's economy was around 10% of GDP before the pandemic, but the...
Thailand Expects 600,000 Tourists from Phuket Sandbox reopening
From 1 July, Phuket will waive quarantine requirements for foreign tourists who have been fully vaccinated against COVID-19 under the...
Thai Government Plans to Increase 2022 Investment Budget by 90 Billion baht ($2.84 bln)
According to the 2022 fiscal budget bill, which has public spending set at 3.1 trillion baht, accounting for 17.9% of...
Fitch Affirms Thailand’s rating at ‘BBB+’ with a Stable Outlook
Fitch forecasts Thailand's tourism-dependent economy will recover only modestly, by 1.8% in 2021 after a sharp 6.1% contraction in 2020.
One-stop SME information portal connecting ASEAN businesses and beyond
The ASEAN Access is a flagship initiative of the ACCMSME, spearheaded by the OSMEP, Thailand and supported by the Federal...