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Japanese PM to Visit Thailand next Week

Japanese Prime Minister Shinzo Abe’s first trip abroad since his election will be to Southeast Asia, despite his desire to make the United States his first destination.

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Visiting Thai premier Yingluck Shinawatra on Wednesday and her Japanese counterpart Yoshihiko Noda jointly attended the full plenary of the bilateral meeting of Thai and Japanese delegates. The two leaders then held a joint news conference.

Japanese Prime Minister Shinzo Abe’s first trip abroad since his election will be to Southeast Asia, despite his desire to make the United States his first destination.

Abe will visit Thailand, Vietnam and Indonesia later this month, according to reports in the Japanese media.

According to Japanese newspaper Asahi Shimbun, he had to put off a U.S. visit because of “scheduling difficulties” with U.S. President Barack Obama.

Thailand's Board of Investment (BOI) has launched a roadshow campaign, starting in Japan, to boost foreign investors' confidence along with promoting the country's tourism image.

Thailand’s Board of Investment (BOI) has launched a roadshow campaign in 2012, starting in Japan, to boost foreign investors’ confidence along with promoting the country’s tourism image.

“While I want to go to the United States as soon as possible and hold a summit to strengthen the Japan-U.S. alliance, I’ve broadened the scope of my schedule, partly because of the circumstances [on the U.S. side],” Abe told reporters in Tokyo Tuesday.

A U.S. visit could come in February, according to reports.

“What’s really important here is that, in contrast to his previous administration, he’s decided not to visit China,” said Mireya Solis, a senior fellow at the Brookings Institute and associate professor at American University focusing on Japan studies.

via Japanese PM to Visit Southeast Asia First.

During 2012 Japan remained the top investor in Thailand with 474 projects registered by the BOI worth Bt210.8 billion, an increase of 120 per cent from Bt.97.3 billion last year. This is in line with the previous survey by the Japanese Chamber of Commerce predicting that total Japanese investment value in the first half of this year would exceed Bt100 billion.

Japan Remains Top Investor in Thailand

Most of the approved investment applications submitted by Japanese investors were in BOI-targeted industries such as automotive and auto parts, metal products, electronics and electrical appliances, food, plastic products, and R&D. For example, large Japanese companies making investment this year are Nippon Steel Galvanizing (Thailand) Co.; Panasonic Manufacturing (Thailand) Co.; Funai (Thailand) Co., Ltd.; NEC Tokin Electronics (Thailand) Co., Ltd; Toshiba Semiconductor (Thailand) Co., Ltd.; Ajinomoto Frozen Foods (Thailand) Co.; and JSR BST Elastomer Co., Ltd.

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SET

SET News :Thailand tops the world’s sustainability ranking by number with 11 firms selected as ‘Gold-Class’ by S&P Global

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SET News 9/2021

February 10, 2021

Thailand tops the world’s sustainability ranking by number with 11 firms
selected as ‘Gold-Class’ by S&P Global

BANGKOK, February 10, 2021 – The Stock Exchange of Thailand revealed that 11
Thai firms have been awarded in Gold Class, the world’s highest ranking by
number in sustainability aspect in “The Sustainability Yearbook 2021” conducted
by S&P Global. Of the total 11 companies, 10 are SET-listed companies and the
other one is a Thai company, strikingly resonating that the sustainability
approach is viable and has leveled up the country’s capital market to be widely
recognized in international arena.

SET President Pakorn Peetathawatchai said that SET has continuously promoted the
Thai capital market toward sustainability development to benefit all
stakeholders, in line with SET’s vision ‘To Make the Capital Market Work for
Everyone’. In addition, SET has also encouraged the business sector to embrace
environment, social, and governance or ESG principles in their operation while
enhancing performance to boost balanced growth between business and society
hand in hand.
.
“SET supports listed companies across the board at all levels and industries to
integrate sustainability into business operations and promotes sustainable
investing by developing and uplifting quality of ESG disclosure as well as
improving information reporting process to provide utmost benefit to both listed
companies for business operation development and investors for efficient
analysis and securities valuation. Significantly, 11 Thai companies have
recently been ranked in Gold Class category in S&P Global’s “The Sustainability
Yearbook 2021″, remarkably considered the highest number globally.The selection
is based on sustainability assessment of over 7,000 companies across 40
countries,” Pakorn added.

The 11 Thai companies ranked in Gold Class category comprise 10 listed firms:
Banpu pcl (BANPU), BTS Group Holdings pcl (BTS), IRPC pcl (IRPC), PTT pcl (PTT),
PTT Exploration and Production pcl (PTTEP), PTT Global Chemical pcl (PTTGC),
Siam Cement pcl (SCC), Thai Oil pcl (TOP), True Corporation pcl (TRUE) and Thai
Union Group pcl (TU); and a Thailand-based company: Thai Beverage pcl.

This year, the total of 29 Thai companies that ranked in The Sustainability
Yearbook 2021 has made Thailand reach the 7th spot in the world behind the US,
Japan, South Korea, the UK, France and Taiwan.

For further information, please visit
https://www.spglobal.com/esg/csa/yearbook/.

“SET…Make it Work for Everyone”
Follow us on Twitter @SET_Thailand_EN
______________________________________________________________________

Read More on Stock Exchange of Thailand (SET)

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The two-day workshop discussed the initial findings and recommendations from the drafts of the DPAMC Study and the AMDIS Scoping Report under the “Strengthening ASEAN Cooperation in Minerals” project.

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