SCGD Backs Carbon Control, Fair Trade; Pursues ASEAN M&A

Post Today•Economy•23d ago

Reader Briefing

SCGD advocates for government regulation of carbon emissions and import standards to ensure fair competition for Thai industries, while simultaneously pursuing over 10 M&A deals in ASEAN.

•SCGD urges the Thai government to control carbon emissions and prevent substandard imported goods to ensure fair competition.
•The company highlights concerns about foreign manufacturers using coal and cheap, non-standard imports undermining Thai businesses.
•SCGD is actively pursuing over 10 Merger & Acquisition and Joint Venture projects across ASEAN to expand its business.
•The company emphasizes that economic development must align with environmental protection for future generations.

Overview

•SCGD's CEO, Namphol Mali-chai, expressed concerns about the future of Thai industry to Post Today.
•Thai industries are investing heavily in reducing greenhouse gas emissions.
•Imported goods, particularly in sanitary ware and home decor, are often non-standard and avoid taxes, creating unfair competition.
•Foreign manufacturers using coal and importing cheap, substandard goods threaten Thai industries that invest in eco-friendly processes.
•Small and medium-sized enterprises (SMEs) face difficulties surviving due to unfair competition from imports that bypass regulations and taxes.
•SCGD is investing heavily in developing eco-friendly technologies and production processes to reduce greenhouse gas emissions.
•SCGD has over 10 Merger & Acquisition and Joint Venture projects underway in ASEAN, focusing on surface decoration and sanitary ware.
•SCGD believes economic development and environmental protection must go hand-in-hand for the benefit of future generations.

Full article content is available on the original source.

Read on Post Today (Thai Version)View in Google Translate

Source: Post Today (Original)

Key Quotes

Namphol Mali-chai

"We do not oppose competition, but competition must be on fair terms. If imported goods are of quality, meet standards, and are taxed correctly, they can compete fully."

เราไม่ได้คัดค้านการแข่งขัน แต่การแข่งขันต้องอยู่บนกติกาที่เป็นธรรม หากสินค้านำเข้ามีคุณภาพ ได้มาตรฐาน และเสียภาษีอย่างถูกต้อง ก็สามารถแข่งขันกันได้อย่างเต็มที่

Namphol Mali-chai

"What SCGD prioritizes greatly now is the 'reduction of carbon emissions from Thailand's industrial sector'."

สิ่งที่ SCGD ให้ความสำคัญอย่างมากในเวลานี้ คือเรื่อง "การลดปล่อยก๊าซคาร์บอนของภาคอุตสาหกรรมไทย"

Key Entities

Organization

SCGDℹ️

SCGD (Siam Cement Group Decorations) is a Thai company advocating for fair industrial competition and environmental standards, while expanding through M&A in ASEAN.

Post Today(โพสต์ทูเดย์)

Post Today is a Thai media outlet that interviewed SCGD's CEO regarding industrial concerns.

Person

Namphol Mali-chai(นำพล มลิชัย)

Namphol Mali-chai is the Chief Executive Officer and President of SCGD, expressing concerns and advocating for fair competition and environmental policies.