IRPC Public Company Limited (IRPC) recently held a high-profile hybrid forum titled “Direction of Trade War and Tech War after the New U.S. Government”, bringing together distinguished experts and key industry leaders to provide critical insights into the evolving global economic landscape.
The forum featured prominent speakers, including Dr. Arm Tungnirun, Director of the Chinese Studies Center at the Institute of Asian Studies and Lecturer at the Faculty of Law, Chulalongkorn University; Predee Daochai, Chairman of PTT Global Chemical Public Co., Ltd.; Prof. Dr. Bundhit Eua-arporn, Chairman; and Terdkiat Prommool, President and CEO of IRPC Public Co., Ltd. Attendees included board members and executives from PTT Group companies.
Navigating Complex Global Dynamics
The session highlighted the far-reaching implications of the ongoing trade and tech wars, which were intensified during the Trump administration and continue to reshape economic policies and international relations under subsequent U.S. leadership. IRPC underscored the importance of understanding these shifts to adapt its strategic direction effectively.
Dr. Arm Tungnirun offered valuable perspectives on the geopolitical landscape, emphasising the need for businesses to assess risks and seize opportunities arising from the rivalry between global powers.
“While challenges persist, such as heightened protectionism and technological restrictions, the current environment also presents new avenues for growth, especially in sectors aligned with the emerging New S-Curve,” said Dr. Arm.
Seizing Opportunities Amidst Challenges
IRPC executives identified key opportunities amidst global disruptions:
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Investment Diversification: Exploring markets in India, Indonesia, and Vietnam to tap into their rapid economic growth.
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Strategic Partnerships: Leveraging relationships in China and Europe to mitigate risks and enhance market access.
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Embracing Innovation: Focusing on technological advancements and green initiatives to align with global sustainability goals.
“IRPC remains committed to navigating these challenges by fostering resilience and exploring growth opportunities in both established and emerging markets,” said Terdkiat Prommool, IRPC’s President and CEO.
Future Directions
The forum reaffirmed IRPC’s focus on forward-thinking strategies to remain competitive in an increasingly complex global market. By proactively addressing trade and tech war implications, the company aims to bolster its position within the PTT Group and contribute to sustainable growth across its operations.
As IRPC aligns with new global trends, the forum served as a platform for fostering collaboration, knowledge sharing, and strategic planning, paving the way for continued innovation and progress.
For more insights on IRPC’s initiatives and industry developments, visit their website at IRPC Official.