Showing 1 - 10 of 52
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.
OR upbeat on prospects for rest of the year
Business, Yuthana Praiwan, Published on 24/05/2024
» PTT Oil and Retail Business Plc (OR) remains optimistic about a better business performance during the remainder of this year, driven by growing tourism despite a drop in revenue for the energy business during the first quarter.
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).
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).
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.
PTT studying production of green methanol
Business, Yuthana Praiwan, Published on 29/03/2024
» National oil and gas conglomerate PTT Plc is considering building a green methanol production facility at an estimated cost of 3.1 billion baht to support its plan to reduce carbon dioxide emissions and produce methanol-derived fuels.
SPCG presses ahead with delayed solar farm in EEC
Business, Yuthana Praiwan, Published on 22/03/2024
» SET-listed SPCG, a pioneer in solar farm development, anticipates the smooth development of its much-delayed solar farm project in the Eastern Economic Corridor (EEC), as the construction cost is likely to decrease by 25%.
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).