Tag Archives: Kiatnakin Phatra Financial

May 25 environmental news

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Expert warns of increased health risks to humans from climate change

A climate expert has warned that the increased melting of polar ice and the presence of dark surfaces in the ocean would result in more extreme weather conditions throughout the world, pointing to the record high temperature during the summer this year in Thailand.

Sonthi Kotchawat, a health and environmental expert from the Thai Environment Academics Assn., said in a post on Friday that human emissions of greenhouse gases had accelerated the global warming phenomenon. This had sped up the melting of polar ice and more dark surfaces had appeared in the oceans. Continued … 

KKP transitions to sustainable finance

Kiatnakin Phatra Financial Group (KKP), the holding company of Kiatnakin Bank, is offering sustainable financial services with a focus on the real estate sector, providing green loans to both commercial and individual customers.

Real estate is one of the bank’s key business segments. Kiatnakin is transitioning to sustainable finance, in line with the central bank’s taxonomy, which is a reference tool for the country’s sustainable economy, said KKP Chief Executive Aphinant Klewpatinond. Continued … 

Experts call for incentives, mechanization to tackle stubble burning

Farmers should be offered incentives and given access to machines that could help tackle air pollution and drive sustainable agriculture, several experts said during a panel discussion at the Bangkok International Trade & Exhibition Center on Thursday.

Stubble burning is among the major causes of PM2.5 (particulate matter 2.5 micrometers or less in diameter) air pollution in Thailand. It can cause respiratory problems, heart disease and cancer, especially in the north, where the area is surrounded by mountains. Continued … 

Thonburi Healthcare considers green medical packaging plan

Thonburi Healthcare Group (THG) is studying development of environmentally friendly medical packaging, such as medical plastic bags, as part of its goal to transform to a green hospital and lower carbon dioxide emissions.

THG teamed up with a petrochemical company to seek ways to make use of recycled plastics, potentially producing new packages for medicine. Continued … 

The future of fuel in Thailand: Innovating for sustainability

Thailand is undergoing a pivotal transformation in energy production, transitioning from fossil fuels to innovative and sustainable alternatives. Over the past four decades, the energy landscape has seen considerable evolution, featuring significant measures such as the adoption of ethanol and biodiesel blends. These initiatives have established Thailand as a regional leader in renewable energy.

Biofuels are super important in Thailand’s energy scene. They come from vegetable oil and animal fats, so they’re renewable and help cut down on fossil fuel use. Continued … 

Solar floating project enhances power supply in Phang Nga community,

The Ministry of Energy has initiated a program to enhance the power supply in the Ban Goh Mark Noi community in Phang Nga Province.

The community previously had limited access to the main power grid despite its close proximity to the coast. The community relies on a hybrid system of renewable energy, including micro-grid, solar home systems, and private diesel generators. Continued … 

Electric Vehicle Asia and iEVTech 2024, July 3-5, in Bangkok

What happens to electric vehicles at the end of their life cycle and their batteries would be among the discussion highlights of the upcoming Electric Vehicle Asia and iEVTech 2024, Sanchai Noombunnam, Informa Markets Thailand’s country general manager, said on Thursday.

He said the largest electric vehicle-related exhibition and conference in Southeast Asia would be held from July 3-5 at the Queen Sirikit Convention Center and would demonstrate all aspects of EVs for entrepreneurs, users and policymakers. Continued … 

Green credentials of electric vehicles come under fire

Global new electric car sales rose 35% in 2023, to nearly 14 million vehicles, with almost all purchased in China, the U.S. and Europe. This was a 35% increase over 2022, and six times higher than in 2018. Although that momentum is faltering this year, as the industry adapts to a mass market, EVs continue rolling off showroom floors.

Much of their appeal comes from manufacturers’ claims that the vehicles will play a key role in averting catastrophic climate change. Continued … 

China’s EV price war spreads overseas

A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets, as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.

In Southeast Asia, where battery-powered cars are becoming more and more popular, Chinese EV builders from established giants like Build Your Dreams (BYD) and Great Wall Motor to start-ups such as Hozon New Energy Automobile are offering discounts in a bid to take on Japanese rivals whose petrol vehicles dominate the market. Continued … 

The high costs of new US tariffs on Chinese EVs

U.S. President Joe Biden’s administration has just announced 100% tariffs on electric vehicles (EVs) manufactured in China, prompting Donald Trump to promise a 200% tariff on Chinese cars made in Mexico if he is elected in November.

Neither policy would have notable effects on the U.S. car market because imports of Chinese EVs are minuscule, owing to past tariffs and the anti-Chinese sentiment that has gripped the country in recent years. Nonetheless, the announcement is significant for three reasons. Continued … 

#thailandEV #thonburihealthcare #solartariffs #biofuelsthailand #cropburningthailand