Thai Premier Hints at Fresh Curbs as Bangkok Clusters Spread
Bloomberg 2 hrs ago Suttinee Yuvejwattana and Anuchit Nguyen
(Bloomberg) Thai Prime Minister Prayuth Chan-Ocha said he’s concerned about a new wave of Covid-19 infections sweeping the nation’s capital and hinted at fresh control measures to stem the outbreak that’s already forced the closure of dozens of nightlife entertainment venues.
Prayuth chose to hold the weekly cabinet meeting on Wednesday via video conference after an aide to a minister tested positive for Covid-19 and several cabinet ministers remained in home quarantine. The prime minister has tested negative so far, he told reporters on Wednesday.
Thailand Plans ‘Pawn Shop’ Style Rescue for Hotels Hit by Covid
Bloomberg 3/11/2021 Anuchit Nguyen and Suttinee Yuvejwattana
(Bloomberg) Thailand is finalizing a rescue plan for tourism-related businesses near collapse from the pandemic that would improve their access to credit from banks wary of further bad loans.
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The Finance Ministry, Bank of Thailand and commercial banks are working on a plan allowing cash-poor companies to temporarily park their assets with lenders in exchange for credit, and reclaim them within a specified period. The aim is to keep small businesses such as hotel operators from having to liquidate distressed assets at firesale prices or go out of business because of their debts.
A brighter future for the booming solar sector
3 A brighter future for the booming solar sector
Solar power firm Constant Energy is rapidly expanding in Thailand and throughout the region using a business-to-business model
published : 4 Feb 2021 at 13:06
3 Rooftop solar panels are installed at an industrial site to take advantage of the larger surface areas.
The solar business in Thailand is booming, as the government prepares to hit its Paris Climate Accords target of 30% renewable by 2030 and private businesses seek to attract green investors by matching ambitious emissions reduction targets.
Solar power firm Constant Energy Group is rapidly expanding in Thailand and Asean primarily through a business-to-business (B2B) model that asks no upfront costs from its clients, but builds panels on rooftops or ground plants on a contract payment model. The firm promises businesses energy savings of 30-40% pe