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Search Result for “global economy”

Showing 1 - 10 of 29

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GENERAL

Duo gears up for hydrogen economy

Business, Yuthana Praiwan, Published on 22/05/2024

» Thailand is preparing to build a hydrogen economy, following efforts by business and the state to push for the development of hydrogen fuel business to promote the use of cleaner energy.

GENERAL

IRPC bullish amid strong demand from overseas

Business, Yuthana Praiwan, Published on 21/05/2024

» IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects its business to improve this year, driven by overseas demand, especially from China, which will help the company move into the black, following two years of losses.

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GENERAL

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).

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GENERAL

Diesel subsidy possible if excise tax cut ends

Yuthana Praiwan, Published on 18/04/2024

» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.

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GENERAL

Government gets tough on CO2

Business, Yuthana Praiwan, Published on 02/04/2024

» Thailand is expected to start enforcing a new law outlining measures to reduce carbon dioxide emissions within this year, helping the state and business sectors better deal with climate change, says Rachata Phisitbanakorn, assistant to the natural resources and environment minister.

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GENERAL

Authorities to discuss Oil Fuel Fund management

Business, Yuthana Praiwan, Published on 13/02/2024

» Authorities will meet within this week to discuss the state Oil Fuel Fund's huge loss incurred by oil and gas subsidy programmes though its financial status remains manageable, says a source at the Energy Ministry.

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MOTORING

Green push set to boost Nex Point sales

Business, Yuthana Praiwan, Published on 26/01/2024

» SET-listed Nex Point, a local assembler of commercial electric vehicles (EVs), expects its sales to reach 5,556 units in 2024 thanks to higher demand from transport and logistics operators.

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GENERAL

Preparing for the green utility tariff

Business, Yuthana Praiwan, Published on 25/01/2024

» The announcement of a green utility tariff (GUT), scheduled for February, is expected to mark a significant step in renewable energy use to support local businesses and draw foreign investment.

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GENERAL

PTT sets up logistics venture to tap BRI

Business, Yuthana Praiwan, Published on 04/01/2024

» National oil and gas conglomerate PTT Plc hopes to benefit from rail transport networks under the Belt and Road Initiative (BRI) by setting up a new subsidiary to diversify into the domestic and international logistics business.

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GENERAL

DUP/Stagnant world economy to lower oil prices next year

Business, Yuthana Praiwan, Published on 30/11/2023

» Dubai crude oil reference prices are expected to fall to US$83-85 per barrel next year based on slow global economic growth, says Phichin Aphiwantanaporn, senior executive vice-president of IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.