Connect with us
DAPA Banner

Business

Navigating Thailand’s Power Generation Transition While Balancing the Energy Trilemma

Published

on

Navigating Thailand's Power Generation Transition While Balancing the Energy Trilemma

“Promoting a low-carbon society by announcing that Thailand will achieve the goal of net-zero greenhouse gas emissions by 2050 (2050) to cope with international trade and climate change by promoting and supporting the use of clean energy such as solar energy in communities and government agencies, the use of electric vehicles and public transportation, as well as increasing energy efficiency, especially in the industrial sector.” The Prime Minister delivers the Cabinet’s Policy Statement (September 29, 2025 at the National Assembly)

The Government’s policy statement reflects the government’s commitment to support and promote the reduction of greenhouse gas emissions.The power generation sector will be pivotal in helping Thailand achieve its Net Zero 2050 goals, as electricity production is projected to become the country’s largest source of greenhouse gas emissions by 2024, contributing 38% of the total emissions. This article explores the ways in which the power generation sector can achieve its goals. Net zero 2050 without breaking the “energy trilemma” or energy balance triangle.

What is energy trilemma? Why do you care?

The energy trilemma is a conceptual framework for energy policy design that is used by energy policymakers around the world. The design of energy policies must maintain a balance between 1) sustainability, 2) energy security, and 3) affordability. For example, if policymakers are primarily focused on achieving sustainability or security goals. Without taking into account the cost impact, it may increase energy prices and negatively affect electricity users in both the household and industrial sectors. In Thailand, this concept has been applied and measured as the Energy Trilemma Index (ETI).

According to the data on Thailand’s Energy Balance Index for the period 2016-2024, which is between 0 (the lowest balance index) and 5 (the largest balance index), the Environmental Sustainability Index is likely to increase from 3.17 in 2016 to 3.76 in 2024 due to the continuous higher proportion of renewable energy and renewable energy from the past. Energy security is likely to stabilize from 3.73 in 2016 to 3.76 in 2024 due to the high level of electricity access by the people nationwide and the high amount of electricity reserves. In terms of affordable prices, the index has decreased considerably from 3.46 in 2016 to 2.79 in 2024 due to the increase in electricity costs in Thailand due to the recent increase in natural gas prices. This is coupled with the high cost of electricity from the ready payment (money paid to power plants even if there is no electricity generation) for power plants to ensure the stability of the power system, as well as the payment of subsidies to renewable energy producers to promote sustainability and increase the proportion of renewable energy. Therefore, it can be seen that focusing on the implementation of policies in one dimension will also have an impact on other dimensions in the energy trilemma, for example, accelerating the transition to clean energy may help increase sustainability, but if there are no supporting measures, it may affect the cost of electricity (affordability) and affect the stability of the electricity system that must be managed by the volatility of renewable energy (Security). In order to ensure that the country’s energy transition is balanced and does not create a burden on all sectors in the country according to the framework of the energy trilemma.

Advertisement

Environmental Sustainability: Renewable Energy is the Answer

Energy Security: Technology and Distribution of Energy Sources An aid that meets the needs of securityIncreasing electricity from renewable energy is an important approach to help meet the needs of environmental sustainability. For example, generating electricity from natural gas that emits about 0.48 tonnes of CO2 per megawatt hour (t-CO2e/MWh) and from coal that emits up to 0.90 tonnes of CO2 per megawatt hour (t-CO2e/MWh) is different from electricity generation from renewable and nuclear power (SMR) with zero greenhouse gas emissions. Promoting new renewable and clean energy projects such as nuclear power plants (SMRs) is essential to help the power generation sector reduce greenhouse gases to zero. This is reflected in the draft Electricity Generation Target Plan to Achieve Net Zero by 2050 prepared by the Department of Climate Change and Environment and the Research Unit on Sustainable Energy and Built Environment at Thammasat University. Renewable energy is expected to increase from 23% (54 TWh) in 2025 to 58% (327 TWh) in 2050, and in the period 2030-2050, new clean energy technologies will contribute more to electricity generation, such as hydrogen fuel and nuclear power (SMR), with electricity from nuclear and hydrogen energy accounting for 6% (16 TWh) in 2030 and increasing to 16% (87 TWh) in 2050. In Figure 2, the proportion of electricity from natural gas and coal is declining, with electricity from natural gas decreasing from 58% (136 TWh) in 2024 to 26% (146 TWh) in 2050, while coal-fired electricity will decrease from 19% (45 TWh) in 2024 to zero in 2050. Evaluation of cost-effectiveness and production costs, including impact studies on communities and the environment.

Electricity generation from renewable energy will help meet the needs of environmental sustainability, but there are limitations that reduce the stability of transmission lines and power grids. Fluctuations in electricity quality from renewable energy that depend on weather and seasonality. For example, solar energy can only generate electricity during daylight hours or about 5-6 hours a day, and can only produce electricity at peak efficiency during periods of high solar intensity. If there are clouds that obscure the sun, such as the rainy season with a lot of clouds, it will reduce the efficiency of solar power generation. Because natural gas and coal can be stored and reserved to generate electricity 24 hours a day, the electricity obtained is of good quality from the production process that can be controlled to ensure the stability of electricity. However, with today’s advanced technology, SCB EIC found that there are at least three types of technologies that can help solve the problem of grid instability caused by renewable energy generation. As follows:

1) Battery Energy Storage System (BESS) technology: This technology helps to store electricity from renewable energy produced at different times so that it can be used throughout the day or during times of high electricity demand. For example, in many countries that use BESS to increase electricity security, such as the Waratah Super Battery project in Australia that installed up to 700 MW of BESS to increase the stability of the power grid by increasing electricity from renewable energy instead of decommissioning coal-fired power plants in New South Wales, and the Henan grid-side project in China that uses BESS for backup power during peak load times and emergency response, etc. In Thailand, BESS has already been applied to work in tandem with electricity generation from solar farms, such as the Solar + BESS project with a power sale agreement of 121 MW of GULF Group companies that have started generating electricity and selling it to ELECTRIC in 2025.

2) Smart grid technology that will work with renewable energy and battery power plants to increase “electrical stability”, especially in regional electricity consumption or areas remote from the main power grid. For example, in Australia. It is the country with the most smart grid installations in the world, both experimentally and commercially, such as the Western Downs + Broken Hill project with a total capacity of more than 320 MW. In order to strengthen the stability of the power grid by increasing electricity from solar farms in Queensland, etc.

Advertisement

3) Demand Response (DR) technology will help to visualize the overall picture of electricity demand and electricity production in various sources (Supply), from large-scale power plants down to household electricity generation from solar rooftops, so that they can participate in electricity generation to meet demand. For example, the DR installation project in 45 states in the U.S. provides real-time electricity demand awareness, allowing the government to manage electricity production and distribution to meet demand and reduce energy losses in the grid.

Increasing the proportion of electricity generation from renewable energy must be done in parallel with diversifying energy sources. This is to reduce the risk in the event that electricity generation from renewable energy is problematic and reduce the risk of the country’s supply and import of fossil fuels. For example:

  • Sourcing fuel from a variety of producers and procurement plans to reduce the risk of energy imports, such as: Providing natural gas from multiple suppliers and increasing domestic natural gas production will reduce the risk of fluctuating natural gas import prices and affect the cost of electricity generation.
  • Develop a Small Modular Reactor (SMR) nuclear power plant as a baseload power generation source as a new alternative to natural gas and coal power plants in the long term.

Strengthening energy security is an important priority for countries such as Singapore and Japan to have a fuel reserve storage strategy to reduce the risk of fluctuating energy import prices and promote the use of hydrogen as a substitute for natural gas in the long term and in emergencies.

Affordable prices (energy wealth) – High electricity costs drag on energy wealth. Therefore, it must be managed in parallel with the investment in new technology.

Electricity costs are likely to increase due to the adoption of new technologies with high production costs. Although it meets the needs of security and sustainability, it will affect the wealth that is the cost of energy for the country. Although the cost of generating electricity from renewable energy tends to decrease and is lower than the cost of generating electricity from fossil fuels, investment in new technologies to make the power system stable and sustainable. This will increase the cost of electricity production. For example, according to the draft PDP 2024 Power Generation Capacity Development Plan, the electricity bill is likely to increase from 3.76 baht per unit in 2030 to 3.98 baht per unit in 2037 due to the introduction of new clean energy technologies for electricity generation, such as the introduction of hydrogen as a fuel to replace natural gas in electricity generation in 2030, the investment in the BESS energy storage system for the power grid and the start of use in 2032, and the start of nuclear power generation (SMR) in 2037. The government must take measures to accommodate the increase in electricity bills in the future because the increase in electricity costs will affect many dimensions, including the cost of living of the people and business costs, as well as the country’s competitiveness. If you compare the electricity tariff for Thailand’s large-scale industrial sector (group with investment plans in Thailand) with other countries in the ASEAN region by 2025, it will be found that Thailand has an average electricity tariff of about 3.55 baht per unit, which is the fourth highest among the 10 countries in the ASEAN group. If Thailand’s electricity bill tends to increase in the next period, it will reduce the country’s competitiveness, and the government is the main agency that must manage the cost of electricity production appropriately during this transition. It is believed that from the Net zero goal, Thailand must increase clean energy technology and make electricity bills tend to rise. The government can alleviate this problem through at least three actions:

Advertisement

1) Supply domestic fuel in a higher proportion to reduce the import of high-priced fuels, such as the supply and production of natural gas in the Gulf of Thailand. Procurement of alternative fuels such as biogas for use in natural gas power plants, etc.

2) Purchase electricity from renewable energy at a lower price in line with the trend of declining electricity production costs in the future, such as solar energy, which is expected to reduce the cost of electricity generation to 1.1 baht per unit in 2030 and to 0.7 baht per unit in 2050, etc.

3) Enable Direct PPA (pilot project to trade electricity from renewable energy directly between data center operators and power producers) and Third Party Assessment (TPA) (allowing third parties or power producers to connect electricity to the power grid). This will not affect the electricity bills of the public and other businesses due to the government’s charging for power grid services by separating the costs arising from the investment in the new power grid in the areas where the new industrial groups are investing. Such an approach will be able to meet the needs of new industries that need clean electricity to achieve Net zero, which will encourage investment while not affecting the country’s overall electricity bill.

After all, Thailand is moving towards Net Zero 2050, which will affect all three dimensions of the energy trilemma: sustainability, security, and prosperity. But the transition also requires investment to strengthen the stability of the power system. Whether it is BESS investment, strengthening network management capabilities, and SMR development, these are all factors that may affect electricity costs and inevitably affect energy wealth. Therefore, SCB EIC has proposed three ways to help revive energy wealth. These approaches will help Thailand pursue a balanced energy transition between sustainability, security, and prosperity, while maintaining the country’s competitiveness amid increasingly fierce business competition and rapidly increasing demand for clean energy in the future.

Advertisement

Published in the Journal of Banking and Finance, the financial tidbit column for March 2026.

Source : SCB EIC brief / Net zero 2050 : ธุรกิจผลิตไฟฟ้าไทยจะเปลี่ยนผ่านอย่างไรไม่ให้เสียสมดุล Energy trilemma? | SCBEIC

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Equity mutual funds lose up to 14% in March. Check top 10 laggards

Published

on

The Economic Times

Equity mutual funds lost up to 14% in March, with all 299 schemes in the category ending in the red. As many as 224 funds posted double-digit losses during the month. Here’s a detailed break-up (Source: ACE MF).

Continue Reading

Business

Eternal, SBI, Bharti Airtel, 6 other stocks can rally up to 57%. How many do you have?

Published

on

The Economic Times

Domestic brokerage firm Axis Direct has pegged the Nifty target for December 2026 at 29,480, implying a 30% upside from current levels. Indian equities have underperformed the US market and other emerging markets by a notable margin in 2025, leading to a meaningful moderation in valuations. The brokerage is bullish on nine largecap stocks that have the potential to rally up to 57%. Here is the full list.

Continue Reading

Business

Asia stocks: S.Korea, Japan stocks rise on tech gains; US jobs data awaited

Published

on


Asia stocks: S.Korea, Japan stocks rise on tech gains; US jobs data awaited

Continue Reading

Business

Bank of Baroda Q4 update: PSU lender reports 14% YoY growth in global business; deposits rise 12%

Published

on

Bank of Baroda Q4 update: PSU lender reports 14% YoY growth in global business; deposits rise 12%
State-owned lender Bank of Baroda (BoB) reported a 14% year-on-year (YoY) growth in its global business to Rs 30.78 lakh crore in the quarter ended March 31, 2026, compared with Rs 27 lakh crore in the year-ago period. Global deposits rose 12% in Q4FY26 to Rs 16.48 lakh crore, up from Rs 14.72 lakh crore in the corresponding quarter last year.

These figures are provisional and part of the PSU bank’s quarterly business update. The final numbers will be announced along with its earnings.

Domestic deposits rose 13% YoY to Rs 14 lakh crore in the quarter under review, compared with Rs 12.42 lakh crore in Q4FY25.

Global advances grew over 16% to Rs 14.30 lakh crore during the January-March quarter, up from Rs 12.30 lakh crore in the year-ago period.

Advertisement

Domestic advances grew 15% YoY to Rs 11.69 lakh crore, compared with Rs 10.21 lakh crore in the year-ago period. Within this, domestic retail advances surged 18% to Rs 3 lakh crore from Rs 2.56 lakh crore in Q4FY25.


The state-owned bank announced its Q4 updates late Thursday. Its shares settled 0.80% lower at Rs 250 on the NSE in the previous session.
In the third quarter of FY26 ended December 2025, BoB reported credit growth of 15% to Rs 13.44 lakh crore, compared with Rs 11.73 lakh crore at the end of the same quarter last fiscal.The lender also posted a 10% increase in total deposits to Rs 15.47 lakh crore, up from Rs 14.03 lakh crore in the year-ago period.

As a result, the bank’s total business (credit and deposits) rose 12.22% to Rs 28.91 lakh crore as of December 31, 2025, compared with Rs 25.76 lakh crore a year earlier.

Also read: PNB Q4 updates: Global business rises 11% YoY to Rs 29.72 lakh crore; advances jump 13%

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Advertisement
Continue Reading

Business

Eldorado Gold Stock: 40% Production Growth Trading Under 8x Earnings (NYSE:EGO)

Published

on

B2Gold: Deeply Undervalued Ahead Of A Big Earnings Report

This article was written by

Gold Mining Bull is a gold analyst with more than a decade of investing experience in commodities, hard assets (gold and silver miners), exploration companies, oil and gas producers, MLPs, and more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I may buy shares of EGO this week

Advertisement

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Continue Reading

Business

EuroEyes International Eye Clinic Limited (EUYSF) Q4 2025 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good afternoon, good morning, everybody, ladies and gentlemen. Welcome to the EuroEyes 2025 Annual Results Presentation. It’s our pleasure to introduce to you the management joining us today. They are Dr. Jorg Slot Jorgensen, Chairman, Executive Director and Chief Executive Officer; and Mr. Marcus Huascar Bracklo, Executive Director and Chief Financial Officer; [Operator Instructions] May I now pass the time to Dr. Jorgensen to start the presentation, please.

Jörn Jörgensen
Founder, CEO & Executive Chairman

Advertisement

Yes. Hello, everybody. Good morning here from Hamburg in Germany. I’m going today to present you 2025 annual results. I’m sitting in Hamburg and our CFO, Mr. Bracklo is sitting in Frankfurt, and we will let you through the different parts of the annual result. Please, the next thing — the next slide, please.

Okay. This year, we did 2 major transition and one of them was in Switzerland and the other one in Holland. I wish to start with that today that you have a little feeling about what was going on, on this front before I come to the results. As you know, we have — we were listed in 2019. So we had proceeds from the listing. And this year, we have been looking for that a long time. We until now did two, one in London, one in Manheim. So we have been very selective there.

But this year, we found 2 at the sphere. The one was in Switzerland. And Switzerland is a very important market for our high-end products here in Europe. And also with the competition landscape is very favorable. And we managed to get a company with

Advertisement
Continue Reading

Business

Catty, Hanker For, Cocktail Glasses & Control Phrases Solve Puzzle 1027

Published

on

Nancy Guthrie

The New York Times Connections puzzle for Friday, April 3, 2026 — Connections No. 1,027 — challenged players with clever word groupings that tested vocabulary nuance, drink knowledge and compound phrases, as thousands of daily solvers across the globe logged in to test their pattern-recognition skills on the popular word game.

The New York Times Connections
The New York Times Connections

The 16 words presented were: MEAN, PETTY, SMALL, SNIDE, JONES, LONG, LUST, THIRST, COLLINS, HURRICANE, ROCKS, ZOMBIE, CRUISE, DAMAGE, GROUND, MISSION.

According to official solutions and multiple puzzle companion sites, the four categories broke down as follows, ordered from easiest (yellow) to hardest (purple) as ranked by the game itself.

Yellow category (easiest): Catty — MEAN, PETTY, SMALL, SNIDE. These adjectives all describe subtly malicious or spiteful behavior, often associated with gossip or passive-aggressive remarks. Solvers who spotted the “catty” theme early gained quick momentum, as the words share a clear semantic overlap in everyday English usage for describing petty criticism.

Green category: Hanker (For) — JONES, LONG, LUST, THIRST. This grouping captures verbs meaning to crave or desire something intensely. “Jones” as in “jonesing for,” “long for,” “lust after” and “thirst for” all convey strong yearning. The category required recognizing less common slang like “jones” alongside more straightforward synonyms, making it a satisfying middle-difficulty solve for many.

Advertisement

Blue category: Cocktail Glasses — COLLINS, HURRICANE, ROCKS, ZOMBIE. These refer to specific types of glasses or serving styles used in mixology. A Tom Collins glass, Hurricane glass (famous for the New Orleans drink), rocks glass (for spirits on the rocks) and Zombie glass (for the potent tiki cocktail) form a neat set of barware terms. Drink enthusiasts and trivia fans often nailed this group quickly, while others needed to think beyond literal glass shapes to bar terminology.

Purple category (hardest): _____ Control — CRUISE, DAMAGE, GROUND, MISSION. These complete common compound phrases or titles: cruise control, damage control, ground control and mission control. The purple category, traditionally the trickiest, rewarded solvers who considered idiomatic expressions and technical terms from aviation, space exploration and emergency response. Many players reported this as the final group they cracked after eliminating other possibilities.

The puzzle’s design showcased the signature Connections style: overlapping red herrings and clever misdirection. Words like “small” could tempt players toward size-related themes, while “rocks” and “hurricane” might initially suggest weather or geology before the cocktail angle emerged. “Mission” and “ground” could evoke space themes, but pairing them correctly with “cruise” and “damage” required the precise “control” connector.

How Players Performed and Community Reaction

Early data from the New York Times Games team and community forums indicated the April 3 puzzle rated as moderately challenging for most solvers. Many achieved perfect or near-perfect scores by starting with the obvious “catty” synonyms or the cocktail glasses. Others struggled longest with the purple “_____ control” category, mistaking it for space-related terms or military phrases.

Advertisement

On social media platforms and Reddit’s r/NYTConnections, players shared their grid sequences, with common paths including yellow-blue-green-purple or mixed orders depending on personal strengths. Some celebrated streak extensions, while others lamented a rare miss on the tricky purple group. “The cocktail glasses were my savior today — I’m not usually a drinker but those jumped out,” one solver posted.

The Connections Companion on the New York Times site featured hints and post-puzzle discussion, encouraging players to reflect on their solving process. Editor notes often highlight how everyday language and cultural references collide in the game, as seen with the mix of slang, bar terms and technical phrases in today’s edition.

Broader Popularity of NYT Connections

Since its launch, Connections has become one of the New York Times’ most popular daily games alongside Wordle and the Mini Crossword. Released each morning at midnight Eastern Time (with the previous day’s puzzle archived), it attracts a dedicated global audience that appreciates its balance of accessibility and brain-teasing difficulty.

The game presents 16 words in a 4×4 grid. Players must sort them into four groups of four, each sharing a common theme. Correct groups earn colored tiles — yellow for the simplest, then green, blue and purple for the most obscure. Streaks, statistics and shareable emoji grids add social and competitive elements that keep players returning daily.

Advertisement

For April 3, 2026, puzzle No. 1,027 continued the tradition of blending linguistic nuance with pop culture and practical knowledge. Previous days featured themes ranging from rock bands and beer brands to movie titles and city nicknames, demonstrating the game’s broad appeal.

Tips for Mastering Connections

Experienced players recommend starting with the most obvious category to build confidence and eliminate words. Looking for synonyms, shared prefixes/suffixes, double meanings or cultural references often unlocks groups. Avoiding tunnel vision on one theme helps spot cross-category misdirections.

For beginners, the official hints provided in the companion article or third-party sites like TheGamer and DazePuzzle offer gentle nudges without spoiling the full solution. Practicing consistently improves pattern recognition and vocabulary agility over time.

The April 3 puzzle particularly rewarded knowledge of cocktail culture and idiomatic English, while testing emotional intelligence through the “catty” descriptors. Its mix made it representative of why Connections resonates: it feels both familiar and freshly challenging each day.

Advertisement

Looking Ahead in the NYT Games Universe

As Connections continues its steady growth, the New York Times Games team occasionally experiments with theme variations or difficulty curves while preserving the core mechanic that has hooked millions. Friday’s edition aligned with typical end-of-week engagement, providing a satisfying mental workout for commuters, coffee-break solvers and evening wind-down players alike.

For those who missed the April 3, 2026 puzzle or want to revisit it, archived versions remain available through the New York Times Games app and website. Future puzzles promise more inventive groupings that blend language, trivia and lateral thinking.

Whether you solved today’s Connections in record time or needed multiple attempts, the game’s enduring charm lies in its ability to unite strangers in shared frustration and triumph over 16 carefully chosen words. On April 3, the winning connections — from snide remarks to mission control — offered another reminder of the playful complexity hidden in ordinary language.

Solvers who nailed all four categories on the first try earned bragging rights, while others gained new appreciation for the subtle links between craving verbs, barware and control phrases. As the weekend approaches, many will return Saturday for the next challenge, eager to extend their streaks and sharpen their minds one puzzle at a time.

Advertisement
Continue Reading

Business

Microsoft is set to invest $1 billion in Thailand within the next two years

Published

on

Microsoft is set to invest $1 billion in Thailand within the next two years

Thailand is positioning itself as a premier regional leader in artificial intelligence through a strategic partnership with Microsoft, which has committed to a $1 billion investment over the next two years.

This collaboration focuses on expanding digital infrastructure and enhancing human capital to boost the nation’s digital competitiveness and public service efficiency. Ultimately, the initiative aims to transform Thailand into an “AI-first nation” and a central technological hub for Southeast Asia.

Key Points

  • Microsoft will invest $1 billion over two years to develop cloud and AI infrastructure and enhance digital skills within the Thai workforce.
  • The investment aims to leverage Thailand’s strategic geographic location to establish it as a digital hub for the Southeast Asian region.
  • A major pillar of the agreement is human capital development, focusing on upskilling teachers, public officials, and new talent in the technology sector.
  • Prime Minister Anutin Charnvirakul and Microsoft President Brad Smith emphasized that the partnership will improve the efficiency of public services and drive local innovation.
  • The collaboration includes initiatives to improve AI literacy and provide training programs for NGOs and government workers.
  • The commitment is expected to strengthen Thailand’s digital economy and ensure long-term growth through close cooperation between the government and the private sector.

Bridging the digital skills divide

Microsoft’s $1 billion investment plan addresses the digital skills gap among Thai public officials and educators through a dedicated focus on Human Capital Development .

The plan specifically outlines the following initiatives and goals:

  • Targeted Training Programs: A significant portion of the $1 billion initiative is allocated to upskilling the workforce. Microsoft is already implementing training programs specifically designed for teachers and government officials (alongside NGOs) to increase their access to AI skills.
  • Enhancing AI Literacy: The investment aims to improve national AI literacy. By training educators and public officials, the initiative seeks to ensure that those responsible for public service and education are equipped to handle an “AI-first” development strategy.
  • Modernization of Public Services: One of the primary goals of upskilling public officials is to improve the efficiency of public services. This is part of a broader government commitment to strengthen Thailand’s digital competitiveness through cooperation with Microsoft.
  • Nurturing Future Talent: Beyond current officials and teachers, the human capital pillar focuses on nurturing the next generation of digital professionals. This involves creating a pipeline of talent for data centers and technology sectors, which is supported by the training provided to current educators.

The investment bridges the gap by incorporating public officials and educators into a comprehensive framework of regional hub initiatives, equipping them with the essential skills to advance Thailand’s ambition of becoming a leading digital hub in the region.

Advertisement
Continue Reading

Business

JAAA: Superior Risk-Adjusted Return Presents Unique Buying Opportunity (NYSEARCA:JAAA)

Published

on

Pearl Diver Credit: Preferred Stock Is The Way To Go (NYSE:PDCC)

This article was written by

I focus on a rigorous fundamentals-foremost equity and credit research. I currently work as a financial advisor/planner, and do analysis in my free time. I have an undergrad in business administration, an MBA in finance, and currently am a doctoral candidate (a DBA with a concentration in Finance and Investment Management). My research style typically involves process-driven research, followed by blending several valuation models together to get a blended, 12 month price target. I enjoy utilizing full DCF analysis in conjunction with SOTP, peer/multiples analysis, and risk-adjusted approaches. I thoroughly enjoy reading filings, technical documentation relevant to the sector, and then translating that data into conclusions with actionable insights. I enjoy learning about the various sectors and companies I find myself researching, and always feel like there is something to learn. As a curious individual, equity and credit research is very fulfilling, and even fun!I always try to find 2-4 variables that drive value or hinder growth, stress test them, and then let fundamental evidence incorporated with book-value set my viewpoint for the research project. I enjoy the energy sector, commodities, tech, and financial sectors the most. I joined Seeking Alpha to share my thoughts with a wide audience. I originally started with sharing my analysis with a few of my friends who are also advisors and/or analysts. I am always open to a myriad of viewpoints, as I feel the most accurate viewpoints and research is made through a collection of great minds working together to figure something out. If you appreciate thorough research, and want to learn more about a company beyond just what is inside of their books, then I believe you will enjoy the research that I work on.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of JAAA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The views expressed in this article are solely the author’s own and do not represent the opinions or recommendations of an SRO or broker-dealer. This article is for informational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security. Readers should consult their own financial advisor before making investment decisions. As a reminder, Investment products: Are NOT FDIC insured. Not deposits of, or obligations of a bank, and may be subject to investment risk, including a possible loss of principal.

Advertisement

Structured Credit Risk Disclosure:
Collateralized loan obligations (CLOs), collateralized debt obligations (CDOs), and mortgage-backed securities (MBS) are complex structured finance instruments that carry risks beyond those of traditional fixed-income securities. These risks include but are not limited to: credit risk of the underlying loan or mortgage pools; prepayment and extension risk that may alter expected cash flows and duration; liquidity risk, as secondary markets for structured credit instruments may become illiquid during periods of market stress, potentially resulting in significant price dislocations relative to net asset value; structural subordination risk, whereby losses in the underlying collateral pool are allocated according to a payment waterfall that may differ across tranches and vintages; concentration risk in underlying loan portfolios, which may have material exposure to specific sectors, industries, or borrowers; interest rate risk, particularly for fixed-rate tranches or during periods of rapid monetary policy change; and mark-to-market volatility that may substantially exceed the realized credit losses of the underlying collateral. Past performance of any CLO tranche, rating category, or structured credit index, including historical default rates, is not indicative of future results. Credit ratings assigned by nationally recognized statistical rating organizations reflect opinions of creditworthiness at a point in time and are subject to revision, suspension, or withdrawal. Investors should carefully consider their risk tolerance, investment horizon, and liquidity needs before investing in structured credit products.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Continue Reading

Business

Luka Exits Lakers Game in OKC with Hamstring Strain

Published

on

Luka Doncic

Los Angeles Lakers star Luka Doncic left Thursday night’s game against the Oklahoma City Thunder in the first quarter with an apparent left hamstring strain, the latest injury setback for the Slovenian superstar and a significant blow to a Lakers team fighting for Western Conference positioning as the 2025-26 NBA regular season winds down.

Luka Doncic
Luka Doncic

Doncic, who has been the focal point of the Lakers’ offense since his arrival in Los Angeles, limped off the court after grabbing at his left hamstring during a defensive sequence. He was visibly in discomfort and headed directly to the locker room, with the team later ruling him out for the remainder of the contest. The Thunder ultimately won the high-stakes matchup, further tightening the playoff race in a loaded Western Conference.

Lakers head coach JJ Redick confirmed postgame that the team would evaluate Doncic further, with imaging likely scheduled in the coming days. “He felt it on that end and we didn’t want to push it,” Redick said. “We’ll get a better sense tomorrow, but hamstring issues need to be taken seriously.”

The incident revives concerns about Doncic’s durability after he missed several games earlier in the season with a similar left hamstring strain. That previous injury sidelined him for multiple contests in February, forcing the Lakers to lean heavily on LeBron James, Austin Reaves and supporting cast members during his absence. Dončić returned and posted strong performances, including a 42-point outing in one of his first games back, but the recurring nature of lower-body issues has become a talking point around the franchise.

Advertisement

Impact on Lakers’ Playoff Push

The Lakers entered the game in Oklahoma City sitting in solid playoff position but well aware that every game matters in a conference where the top seeds are separated by few wins. Without Doncic, the offense lacked its primary creator and scorer. James shouldered more responsibility, but the Thunder’s athleticism and depth proved too much on their home court.

Doncic has been averaging career-like numbers in his first full season with the Lakers, contributing elite scoring, playmaking and rebounding. His partnership with the 41-year-old James has been one of the league’s most compelling storylines, blending veteran leadership with generational talent. However, health questions have shadowed the duo at times this season.

Team officials have emphasized caution with soft-tissue injuries like hamstring strains, which can linger and worsen if rushed. Recovery timelines vary widely — some players return in a week or two with proper management, while others miss several weeks. The Lakers’ medical staff will likely take a conservative approach given the importance of the postseason.

Doncic’s Injury History and Resilience

This is not the first time Doncic has dealt with hamstring or lower-leg soreness since joining the Lakers. Earlier in the campaign, he missed time with the same left hamstring issue, prompting the team to implement stricter load management. Dončić has spoken openly about the physical demands of the NBA schedule and the adjustments required after his trade from the Dallas Mavericks.

Advertisement

Despite the setbacks, the 27-year-old has shown remarkable resilience. He has consistently returned stronger and more efficient, using rest periods to refine his game and maintain conditioning. Fans and analysts alike have praised his work ethic and basketball IQ, qualities that have helped the Lakers remain competitive even when dealing with injuries across the roster.

The timing of this latest exit is particularly frustrating for Los Angeles. With key games remaining against strong opponents, the team needs all its stars healthy to secure favorable playoff seeding and avoid a grueling first-round matchup. The Thunder, led by MVP candidate Shai Gilgeous-Alexander, represent one of the toughest tests in the league.

Broader Context for the Lakers

The Lakers have navigated a season filled with injury challenges, yet they have remained in the playoff picture thanks to James’ longevity and contributions from role players. Reaves has emerged as a reliable secondary option, while younger pieces have stepped up when called upon. Still, the absence of Doncic shifts the offensive burden significantly and exposes vulnerabilities in spacing and creation.

League-wide, hamstring strains remain one of the more common soft-tissue injuries, often linked to fatigue, explosive movements and incomplete recovery from previous ailments. Modern NBA training staffs use advanced monitoring tools, including wearable technology and force plates, to detect early warning signs, but the unpredictable nature of these injuries continues to frustrate teams and players.

Advertisement

For the Thunder, the win over the shorthanded Lakers reinforced their status as Western Conference frontrunners. Oklahoma City’s depth and defensive versatility allowed them to capitalize on Los Angeles’ missing star power.

What’s Next for Doncic and the Lakers

The Lakers will provide daily updates on Doncic’s status as they prepare for upcoming games. Fans hope for a short absence, but realistic expectations point toward at least a few games missed while the hamstring heals. The team’s medical team will focus on reducing inflammation, strengthening surrounding muscles and gradually reintroducing basketball activities.

Doncic himself has remained positive in past injury situations, often emphasizing the importance of listening to his body and returning at full strength rather than risking a more serious setback. His leadership off the court has also been noted, as he continues to support teammates even when sidelined.

As the regular season enters its final stretch, every healthy minute counts for contenders like the Lakers. A prolonged absence for Doncic could alter their seeding and playoff path, making the coming days critical for the franchise.

Advertisement

League observers will watch closely for the official diagnosis and expected timeline. In the meantime, the Lakers must find ways to generate offense and maintain defensive intensity without their primary ball-handler. James, Reaves and the supporting cast will be asked to do more, testing the depth that has been both a strength and a vulnerability this season.

The NBA postseason remains the ultimate goal, and health will likely determine how far any team — including the Lakers — can advance. For now, all eyes remain on Luka Doncic’s left hamstring and how quickly he can return to the court that has defined his superstar career.

Continue Reading

Trending

Copyright © 2025