Showing 1 - 10 of 11
PTT optimistic on growth this year
Business, Yuthana Praiwan, Published on 28/05/2024
» National oil and gas conglomerate PTT Plc remains upbeat regarding the positive business outlook predicted for later this year, although the prices of petrochemicals, one of PTT's key products, are expected to keep falling.
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).
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.
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.
Domestic gas for power generation could fall short
Yuthana Praiwan, Published on 18/03/2024
» Thailand’s additional domestic gas supply for power generation may be insufficient during this year’s hot season, when demand for electricity typically peaks, according to the Energy Policy and Planning Office (Eppo).
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.
Nex Point: Weak growth aids sales
Business, Yuthana Praiwan, Published on 28/02/2024
» The projection of slow economic growth in Thailand this year is believed to be good for electric vehicle sales, says Nex Point Plc, a local assembler of commercial EVs.
Thailand motorcycle sales could slip
Yuthana Praiwan, Published on 09/02/2024
» Thai Honda Co, a manufacturer and distributor of motorcycles, expects domestic sales to dip slightly this year to 1.7-1.75 million units because of rule changes enforced to control high household debt.
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.
Gulf kicks off Chon Buri gas-fired plant
Business, Yuthana Praiwan, Published on 04/10/2022
» SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, continues to ramp up growth of its energy business by selling electricity from its newly built gas-fired power generation unit in Chon Buri.