IRPC Public Company Limited, steered by Pranach Kosayanon, its distinguished Senior Executive Vice President of Corporate Strategy Planning has recently become a key player in the Carbon Credit Management in the Forest initiative. They have also graced the discussion forum organized by the iconic Mae Fah Luang Foundation with their influential presence. Kosayanon was the keynote speaker at the forum, expressing his insights on strategies for environmental and sustainability development under private sector supervision. The enigma of climate change, civilization-threatening wildfires, and the daunting air quality and PM 2.5 pollution were given pivots in his speech. This collaborative endeavor is essentially a significant extension of the robust Carbon Credit Management in the Forest for Sustainability program. Holding sway over 77 community forests, which translate into an expansive 143,496 Rai, this program has an ambitious destination to reach. The vision is clear: Empower forests to serve as robust storage for greenhouse…
Posts published by “Editorial Team”
One could say that the expansive Andaman Sea, nestled within the lower northeast, central, eastern, and southern regions, is the cradle of life. It supports a plethora of species both above and beneath its shimmering surface. However, it also demonstrates its unyielding force through the southwestern monsoon, which continues to batter the aforementioned regions, ushering in patchy thunderstorms. These storms, which sometimes escalate into torrential downpours, can prompt both flash flooding and forest runoff, more so in regions marked by hills and depressions. Picture towering waves in the Gulf of Thailand, reaching a crest of about 2 metres, united in their relentless battle against the currents. On the Andaman Sea, the waves favor a more diversified approach. One can observe waves ranging anywhere between 1 to 2 metres. However, these measly numbers tend to skyrocket during storms. The individuals in charge of navigating smaller crafts are therefore urged to exercise…
The introduction of a digital money distribution policy is under consideration, entailing a significant portion of government expenditure. The policy, as proposed by the Institute, should be used as a tool to stimulate new skill development and wage subsidies. By modifying this policy to exclusively assist those who are genuinely disadvantaged, we could dramatically reduce the required budget. This adjustment would create a sustainable policy that could provide support over a series of years, rather than only once. Today, on the 11th of September, the newly inaugurated government will present this policy proposal to the Parliament. It’s part of a wider effort to combat economic challenges through multiple quick-impact strategies. These include awarding 10,000 baht in digital currency to every individual aged 16 and above and a commitment to reducing the price of commodities like oil and electricity. These strategies are currently under intense scrutiny, particularly regarding the fiscal sustainability…
Navigating the intricate economic stimulus plan laid out by the Pheu Thai Party, spearheaded by Prime Minister Srettha, presents a few critical conditions that the Thai population must adhere to. One such stipulation is the application of the 10,000 baht monetary injection in a digitised format, set to be expended within a window period of six months, abiding by certain regulations that aim to democratise the utility of these funds. The funds are to apply only to indispensable day-to-day expenses that steer clear of state welfare, primarily proximate to community stores and services. Essentially, these funds must be used within a 4-kilometre stretch from the recipient’s registered domicile. One particular caveat on this digital wallet feature is the restriction against any online purchases. This stipulation might tilt the scales disparagingly towards the multitude whose residences remain unregistered, especially the large worker population in Bangkok. According to the regulations, they might…
Contemporary Thailand is facing a number of pressing financial challenges. First on the list is addressing existing debt issues plaguing the agricultural sector, commercial businesses, and public cohorts. Secondly, they’re deploying digital financial aid, to the tune of 10,000 baht per recipient, to alleviate the populace’s monetary struggles. The Thai government is also striving to decrease energy prices while simultaneously boosting tourism-related income. Lastly, they are intent on revising the country’s constitution. Yet such undertakings demand substantial capital injection. Analysts, therefore, question the origins of these funds vital for the execution of such policies, along with their prospective burden on the national budget. Pipat Luengnarumitchai, who helms Kiatnakin Phatra Financial Business Group as the chief economist, maintains the finances for these projects could stem from two possible sources – the regular budget or off-budget funds. However, should the regular budget be tapped, policy implementation could face a delay of up…
Bringing together their mutual strengths and commitment towards sustainability and lower greenhouse emissions, Gloyta Nathalang of Bangchak Corp Plc, and Veeradej Tejapaibul, of the Thai Renewable Energy Association recently marked a dynamic collaboration. As the executive vice president of corporate branding, communication and sustainability activation at Bangchak Corp Plc, Gloyta pulled her weight, which was further reinforced by her deep-rooted industry expertise in her capacity as the chairperson of the Carbon Markets Club. The binding agreement was stamped with the sign of a memorandum of understanding which took place in the noteworthy Century Park Hotel Bangkok. The partnership is fueled by an ambitious roadmap counting several significant milestones they aspire to achieve: Boosting Thailand’s propulsion towards attaining its target of “net zero” emissions. Elevating the adoption and usage of renewable energy across the spectrum from individual households to large-scale private corporations. Creating an effective platform to facilitate Energy trading with…
In the beautiful sunny city of Phuket, a tactical maneuver is underway to launch into the high season with fervor and aplomb – the city is motivating the owners and operators of boutique hotels to secure a license to operate. This enthusiastic incentive doesn’t come out of the blue; it is an integral part of the city’s detailed planning for hosting a staggering daily influx of more than 10,000 travelers. Multiply that by 365 days in a year, and Phuket is about to open its arms to an estimated 2.19 million sightseers from all corners of the globe. On September 7, a seminar spearheaded by the Phuket Boutique Accommodation Consortium (BAC) became the catalyst for bringing to light a ministerial regulation embraced by the Department of Public Works and Town and Country Planning of the Interior Ministry. This significant ruling, launched initially in June, refreshingly refines the criteria required to…
The alarming increase in suicide rates in Thailand has raised considerable concern, with figures soaring steadily over the past half-decade to reach a tragic peak of 4,800 deaths in the previous year, according to the country’s Department of Mental Health (DMH). In the face of these distressing statistics, the globe marked the arrival of World Suicide Prevention Day, a groundbreaking initiative spearheaded by the World Health Organization (WHO) aimed at reducing these unsettling numbers by uniting global forces. Rising magnificently to this challenge, mental health professionals from across Thailand’s public health sector, including committed teams from the DMH and National Health Security Office (NHSO), pooled their efforts to actively contribute to this vital campaign. World Suicide Prevention Day was conceived in the wake of a deeply troubling WHO report indicating that a minimum of one million lives is claimed annually by suicide globally. This alarming fact equates to one life…
In an astonishing turn of events that played out like an adrenaline-fueled action movie, a Japanese fugitive known as Yuki Yanagi made a bold break for freedom right under the nose of Thailand’s Immigration Bureau on Saturday, September 9th. Staging a daring escape in a commandeered police vehicle, Yuki initially left authorities perplexed and is still currently on the run. Famous for his notorious fraud activities against innocent Japanese citizens, to the tune of over 20 million yen (equivalent to 4.8 million baht), Yuki Yanagi was a high-profile criminal. His felonious actions had led him to abscond to Thailand, outstaying his visa in the process, and eventually leading to his apprehension by local authorities. The thrilling escape occurred when Yuki was in transit for a scheduled court hearing at the Ratchada Criminal Court. Upon being returned to the Immigration Bureau for further questioning and detention, Yuki pulled off an Oscar-worthy…
In a chilling turn of events, a brutal homicide confession has shocked a small community in southern Thailand. Muhammad Rusli, a 24-year-old man, turned himself in to authorities, confessing to the murder of Jaelong Baluebae, a 71-year-old durian buyer. Rusli revealed the grim details of the murder, confessing that he buried the older man’s body near a canal in Taya village, situated in the Narathiwat province, thereby placing the tragic event on September 6. The victim’s body was discovered on Saturday, September 9, sending waves of shock and sorrow through the local community. This shocking reveal became public after Rusli surrendered, narrating how an argument between the two men escalated into the harrowing crime. The events unfolded in Rusli’s durian orchard, where the victim had gone to make a purchase. Amidst heated words and rising tempers, Rusli confessed that he struck Jaelong with a spade, causing fatal injuries. To hide…