Showing 1 - 10 of 25
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.
Exports falter, leading to growth cut
Business, Yuthana Praiwan, Published on 09/05/2024
» Thailand's economic outlook for this year appears less optimistic as GDP growth could tally 2.2%, down from the previous projection of 2.8-3.3%, attributed to sluggish exports weighing on the manufacturing sector, according to the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Thai fuel usage increases by 4.1%
Business, Yuthana Praiwan, Published on 06/04/2024
» Thailand's total fuel consumption rose by 4.1% to 155 million litres per day (MLD) during the first two months of 2024, in line with economic growth, says the Department of Energy Business.
Diesel exports halted during maintenance
Yuthana Praiwan, Published on 17/01/2024
» The Department of Energy Business has ordered oil traders to suspend diesel exports while Thai Oil Plc repairs its crude distillation unit in Chon Buri province.
Fuel usage increases amid state control of prices
Business, Yuthana Praiwan, Published on 05/01/2024
» Thailand's total fuel consumption rose by 0.9% to 152 million litres per day (MLD) during the first 11 months of last year, driven by state control of energy prices and the tourism recovery, says the Department of Energy Business.
Price caps lead to slight increase in fuel usage
Yuthana Praiwan, Published on 04/01/2024
» Fuel consumption in Thailand rose 0.9% year-on-year to 152 million litres per day during the first 11 months of last year, driven by price caps and the tourism recovery, according to the Department of Energy Business.
Fuel sector preps for Euro 5 diesel on Jan 1
Business, Yuthana Praiwan, Published on 16/12/2023
» Thailand is gearing up to produce and distribute diesel that meets the Euro 5 environmental emission standard from Jan 1 next year, but the price remains unknown.
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.
Star Petroleum sees fall in global oil prices
Business, Yuthana Praiwan, Published on 13/11/2023
» Global oil prices are likely to decrease during the remainder of this year despite high energy demand, though they remain prone to fluctuations resulting from geopolitical conflicts and economic adjustments in large economies, says Star Petroleum Refining Plc.
Fuel usage up 2.3% in first 8 months
Yuthana Praiwan, Published on 29/09/2023
» Fuel consumption in the first eight months this year increased by 2.3% to 155 million litres per day, though demand for diesel fell as prices rose, according to the Department of Energy Business.