PTT is going on a green spending spree

PTT Plc, whose sales account for about 10 percent of the nation’s economic output, is suddenly spending billions of dollars on electric-vehicle and renewable-energy companies. It ie joining the ranks of major global oil companies including Royal Dutch Shell Plc, Total SA and Eni SpA that are ramping up investment in clean energy as investor pressure mounts to ditch traditional fossil-fuel businesses.

Government disputes HRW report

Ministry of Environment spokesman Neth Pheaktraspokesman said the report was biased and motivated by geopolitical considerations and devoid of any apparent concern about the negative impact that hindering the development of Cambodia might have on its entire population’s human and economic rights if the country is forced to remain mired in poverty.

Human rights claims undermine China’s investment abroad, report finds

The Business & Human Rights Resource Centre logged 679 charges of human rights abuse against Chinese companies operating abroad between 2013 and 2020. Among the key findeings were problems associated with lost livelihoods linked to a rail project in Laos were noted, the vast majority of the renewable energy complaints were related to hydropower projects, and Myanmar saw the most allegations of any country with 97.