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Search Result for “$8 billion”

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GENERAL

Tasco sees performance improving in rest of year

Business, Yuthana Praiwan, Published on 10/09/2024

» SET-listed Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, expects a better business performance in the last two quarters of this year, following a drop in revenue in the first half.

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GENERAL

Bangkok Cable's sales surge

Business, Yuthana Praiwan, Published on 28/08/2024

» Higher renewable energy consumption, driven by global efforts to slow rising temperatures, is expected to increase demand for electrical wires, especially for new infrastructure development in Thailand and overseas, says Bangkok Cable Co, a Thai electrical wire and cable manufacturer.

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GENERAL

Power bills poised to rise later this year

Yuthana Praiwan, Published on 12/07/2024

» Businesses and households in Thailand are likely to pay higher electricity bills later this year as the power tariff is set to increase from 4.18 baht per kilowatt-hour (unit) during the cool season, says the Energy Regulatory Commission (ERC).

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GENERAL

Fuel consumption decreases 0.4%

Business, Yuthana Praiwan, Published on 05/07/2024

» Thailand's total fuel consumption dipped by 0.4% year-on-year to 157.1 million litres per day (MLD) between January and May, attributed to higher energy prices and the country's economic slowdown, says the Department of Energy Business.

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GENERAL

Banpu sells B4.8bn of US gas assets as it adjusts focus

Business, Yuthana Praiwan, Published on 05/07/2024

» Energy conglomerate Banpu Plc has announced the divestment of non-operated assets in natural gas exploration and production worth 4.8 billion baht in the US, in a bid to optimise its energy portfolio in the country.

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GENERAL

EA eager to raise funds later this year

Business, Yuthana Praiwan, Published on 03/07/2024

» Energy Absolute Plc (EA), a renewable energy and electric vehicle (EV) developer and operator, plans to raise funds in the second half of this year to grow its businesses and pay back part of the debt incurred under its past corporate bonds.

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GENERAL

WHAUP revenue set to see double digit growth

Business, Yuthana Praiwan, Published on 18/06/2024

» SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, expects revenue to grow by double digits this year, up from 2.8 billion baht in 2023, thanks to greater demand for water and electricity from factories.

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GENERAL

Biofuels to help ramp up BBGI's income

Business, Yuthana Praiwan, Published on 23/05/2024

» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.

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GENERAL

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.

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GENERAL

Fuel consumption drops by 2.6% in Q1

Yuthana Praiwan, Published on 03/05/2024

» Fuel consumption in the first quarter of this year dropped 2.6 % to 156.7 million litres per day (MLD) due to the retirement period of capped price policy, according to the Department of Energy Business (DOEB).