Showing 1 - 10 of 19
Various factors hurt Tasco's Q1 earnings
Business, Yuthana Praiwan, Published on 22/05/2024
» The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.
FTI chairman race heats up
Business, Yuthana Praiwan, Published on 01/03/2024
» The competition for the chairman post of Federation of Thai Industries (FTI) has intensified as vice-chairman Somphote Ahunai, chief executive of Energy Absolute, a renewable energy and electric vehicle developer, announced his candidacy at the group with more than 15,000 members nationwide.
Egat, PTT seek new heads amid transition
Business, Yuthana Praiwan, Published on 23/01/2024
» The Electricity Authority of Thailand (Egat) and national oil and gas conglomerate PTT Plc are selecting two new executives to succeed their current leaders, hoping to further drive the organisations through challenges caused by the transition from fossil fuels to renewable energy in Thailand.
Tasco looking to Venezuelan crude oil
Business, Yuthana Praiwan, Published on 21/11/2023
» SET-listed Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, expects to resume buying inexpensive heavy crude oil from Venezuela to deal with the company's raw material constraints, following the easing of trade sanctions imposed by the US on the Latin American country.
Oil Fuel Fund facing losses of B100bn
Business, Yuthana Praiwan, Published on 04/10/2023
» The government's effort to keep the domestic diesel price below 30 baht a litre until December will cause a loss of almost 100 billion baht for the Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).
Clover Power eyes profitability in 2024
Business, Yuthana Praiwan, Published on 08/09/2023
» SET-listed Clover Power, a renewable power plant operator and constructor, expects to return to the black on its balance sheet next year as it proceeds with delayed construction jobs and strengthens its power business under the new government.
Power use surges to record high
Business, Yuthana Praiwan, Published on 09/05/2023
» The boiling hot weather in Thailand is causing an upsurge in electricity consumption, leading to a record high of 34,826.5 megawatts on May 6, says the Energy Regulatory Commission (ERC).
Cheaper power used to woo voters
Business, Yuthana Praiwan, Published on 08/05/2023
» Costly electricity bills are prompting political parties to pit their energy policies against their rivals in an effort to catch the attention of voters in next week's general election.
Renewables scheme targets new firms
Business, Yuthana Praiwan, Published on 08/04/2023
» The Energy Regulatory Commission (ERC) is encouraging companies not selected for power projects under its 5.2-gigawatt renewables scheme to participate in the second phase after the general election.
Gulf Gunkul eyes state clean energy projects
Business, Yuthana Praiwan, Published on 15/03/2023
» Gunkul Engineering Plc, a renewables developer and construction firm, is working with Gulf Energy Development Plc, Thailand's largest power producer by market value, to expand its renewable power businesses through government clean energy projects.