Tag Archives: Saha Group

Today’s news-July 3

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How AI can help us/Cambodia jails environmental activists/Sustainability: Bangkok to grow another one million trees/Phuket Sustainable Tourism Event/Water: Saving an iconic Thai crab/Plastics: Indorama funds to PET recycling/Renewables: Thailand Encouraged to Embrace Solar Energy/Saha Group and B.Grimm Propel Green Projects/Electric vehicles: Thai EVs face insurance hurdles/Wildlife: Dazzling fireflies face elimination/

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How AI can help us turn our disposable economy into a circular one

The circular economy – this future utopia where waste is not wasted – has entered the business lexicon as we recognize the size of the problem we’ve created for the planet. Every year, globally, we dump 2.12 billion tons of waste in the environment and an astounding 99% of everything we buy is discarded within six months.

The volume of discussion and debate about the circular economy has tripled over the past five years, according to the Circle Economy Foundation. While the dialogue has become louder, the size of the circular economy has, in fact, shrunk. Just 7.2% of the global economy is circular, according to the Circularity Gap Report 2024, a decline of 21% in five years. Continued … 

Cambodian court jails environmental activists

Ten activists from the Cambodian environmental group Mother Nature were found guilty on charges of plotting against the government and insulting the king, the group’s founder said on Tuesday.

Five of the defendants from the conservation group were arrested outside the court in Phnom Penh immediately after the verdict, founder Alejandro Gonzales-Davidson said. Continued … 

Bangkok to grow another one million trees

The Bangkok Metropolitan Administration (BMA) announced on social media platforms on Tuesday that its 1-million-tree campaign has already reached its goal, two years ahead of schedule.

Making Bangkok greener with 1 million more trees, big and small, was one of the flagship policies of Bangkok Gov. Chadchart Sittipunt. He expected to reach the number by the time his four-year term ends in 2026. Continued … 

Phuket Sustainable Tourism Event Reveals Top-Level Speakers for 2024

PHIST (Phuket Hotels for Islands Sustaining Tourism), Southeast Asia’s biggest sustainability event for the travel and hospitality sectors, will return to spark conversation and drive the green agenda this September, with an impressive lineup of key figures and industry innovators, led by Peng Sum Choe, CEO of Pan Pacific Hotels Group.

Organized by the Phuket Hotels Assn., the non-profit organization of hoteliers focused on creating a bright future for Phuket, PHIST 2024 will run under the theme “One on One: Sustainability from the Top”, as it reveals how senior company executives can successfully build a forward-thinking corporate culture and drive positive change, not only within their own companies, but across the entire industry and beyond. Continued … 

How marine sanctuaries are helping to save an iconic Thai crab

Floating through the crystal-clear waters off the east coast of Thailand, fisher Sutham Hemmanee spots a large female crab amid the morning’s haul, its underside swollen with the promise of offspring.

A female crab like this can produce millions of babies,” the 57-year-old says, pointing to the bulging yellow pouches attached to the crab’s stomach. “We put these egg-carrying females in the crab bank.” Continued … 

Indorama funds to go toward PET recycling

Bangkok-based plastics and packaging materials producer Indorama Ventures Public Co. has secured a new seven-year loan totaling $200 million from the International Finance Corp. (IFC). Proceeds from the loan will help fund the continued growth of the company’s strategic sustainability programs in India, Thailand and Indonesia.

The loan from the Washington-based IFC, which is a member of the World Bank Group focused on private sector development in emerging markets, provides what Indorama says is a long tenor and flexibility to convert into a sustainability-linked facility based on mutually agreed sustainability targets in the future. Continued … 

Thailand Encouraged to Embrace Solar Energy for Economic Gains

Thailand’s abundant sunlight offers a prime opportunity for a solar energy revolution, yet high initial costs and complex regulations hinder widespread adoption.

Piyasak Pichetanawin, vice president of the Solar Energy Assn. of Thailand, urges the government to promote solar energy use, particularly in the industrial sector. Continued … 

Saha Group and B.Grimm Propel Kingsquare Green Projects

Saha Group has furthered its ESG commitment by partnering with B.Grimm to propel the Kingsquare project as a leader in creating a sustainable environment, enhancing the quality of life, and fostering community in Rama 3.

The partnership will focus on developing and installing electric vehicle (EV) parking at the Kingsquare Residence and solar panel roof installations at the Kingsquare Community Mall. Continued … 

Thai EVs face insurance hurdles

Thailand’s rapidly expanding electric vehicle (EV) market could face setbacks if insurance companies refuse to provide coverage for EVs, says the Thai Automotive Industry Assn. (TAIA).

Tokio Marine Safety Insurance announced on Tuesday that its current insurance premiums would “temporarily” not apply to new EV customers, including those who own transferred cars, as it would consider new premium rates on a case-by-case basis. Continued … 

Dazzling firefly illumination in Thai mangrove forests a bitter-sweet moment for scientists

An international team of scientists has warned of a dark future for the world’s fireflies, with four Southeast Asian firefly species entered into the IUCN’s (International Union for Conservation of Nature) Red List of Threatened Species for the first time. The main threats include habitat loss and degradation, climate change and light pollution.

Over 2,200 firefly species have been described globally, with Southeast Asia and the Indo-Pacific home to at least 400 of the Lampyridae beetles, who use bioluminescence to communicate. In Southeast Asia, the most spectacular displays of glowing, flashing and flickering come from fireflies from the Pteroptyx genus, known as “congregating fireflies”, which occur in large numbers on trees and shrubs along the tidal rivers of mangrove swamps. Continued … 

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