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BUSINESS

Gulf maintains plan to raise B10bn in debentures

Business, Yuthana Praiwan, Published on 04/03/2020

» SET-listed Gulf Energy Development Plc (GULF), Thailand's top capacity power generation firm, still plans to issue debentures by mid-year worth 10 billion baht despite the bourse being sluggish from the Covid-19 outbreak.

BUSINESS

Panel warns growth could sink towards zero

Business, Yuthana Praiwan, Published on 05/03/2020

» A panel of private sector leaders has warned that economic growth could sink towards zero in the first half and even shrink for the full year if the coronavirus epidemic is prolonged until late 2020.

BUSINESS

BCPG sets aside B45bn for growth

Business, Yuthana Praiwan, Published on 06/03/2020

» SET-listed BCPG Plc, the renewable power arm of Bangchak Corporation, has earmarked 45 billion baht in 2020 capital expenditure to expand its business over the next four years.

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BUSINESS

IRPC, JPP team up for local EV venture

Business, Yuthana Praiwan, Published on 07/03/2020

» IRPC, the petrochemical subsidiary of state-owned PTT, has partnered with Japan Polypropylene Corporation (JPP) to set up an electric vehicle (EV) business in Thailand.

BUSINESS

PTT urges oil reserve cut as prices collapse

Business, Yuthana Praiwan, Published on 10/03/2020

» In response to plunging oil prices, state-owned energy firm PTT Plc is urging policymakers to take action to cut the nation's crude oil reserve in half as prices dip below US$30 a barrel.

BUSINESS

BGC uses M&A to beef up glass value chain

Business, Yuthana Praiwan, Published on 11/03/2020

» BG Container Glass (BGC), Thailand's largest glass container packaging manufacturer by capacity, has allocated 3 billion baht to acquire three firms in the glass container packaging chain and another three renewable energy firms.

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BUSINESS

ARV to deploy AI for farming, analytics

Business, Yuthana Praiwan, Published on 17/02/2020

» AI and Robotics Ventures (ARV), a subsidiary of PTT Exploration and Production (PTTEP), is diversifying into agriculture by developing AI (artificial intelligence) and data analytics systems for local farming.

BUSINESS

WHAUP, PEA to jointly run smart pilot project

Business, Yuthana Praiwan, Published on 18/02/2020

» WHA Utilities and Power Plc (WHAUP) is teaming up with the state-run Provincial Electricity Authority (PEA) to study and implement a pilot project under a smart energy concept in WHA Corporation's industrial estates.

BUSINESS

Prime targets 1,000MW output by 2023

Business, Yuthana Praiwan, Published on 19/02/2020

» Prime Road Power Plc is gearing up renewable power projects in Asia with a power generation target of 1,000 megawatts by 2023.

BUSINESS

Community scheme spreads the wealth

Business, Yuthana Praiwan, Published on 19/02/2020

» More than 200 local communities and 200 energy firms in Thailand will have a chance to take part in community-owned power projects from renewable resources, known as the Energy for All scheme, under a revision of the national power development plan (PDP).