Thailand’s road to recovery is not strewn with rose petals. But the laying down of 4,150 km of motorways across the country, connecting east-west and north-south economic corridors, along with other transportation infrastructure, indicate that it is heading in the right direction to fulfil its pivotal role in the future of ASEAN.
Notable Thai ESG bond offerings in the first four months of 2021 include a 50 billion baht sustainability debt issued by the government to partly fina.
As more major corporates move towards green investment, the issuance of environmental, social and corporate governance (ESG) bonds is expected to reach 100 billion baht this year, roughly 20% growth from 2020, says Ariya Tiranaprakit, executive vice-president of the Thai Bond Market Association (TBMA).