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Search Result for “GDP growth”

Showing 1 - 10 of 47

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GENERAL

PTT sees business taking off in 2nd half

Business, Yuthana Praiwan, Published on 24/08/2024

» National oil and gas conglomerate PTT Plc expects a better business performance in the latter half of 2024, thanks to an improving Thai economy and an increase in energy demand typical of year-end festivals and the tourism season.

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GENERAL

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.

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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

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.

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GENERAL

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).

GENERAL

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.

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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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BUSINESS

Authorities to drive ahead with oil plan

Business, Yuthana Praiwan, Published on 08/06/2023

» Energy authorities are continuing their push for the National Oil Plan, aiming to generate 170 billion baht for the Thai economy through a range of projects, including further development of cleaner energy, says the Department of Energy Business.

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BUSINESS

Fuel consumption surges during Q1

Business, Yuthana Praiwan, Published on 28/04/2023

» Fuel consumption in the first quarter increased to a level greater than usage in 2019, following a drop for two consecutive years when Thailand endured the impact of the pandemic, according to the Department of Energy Business (DOEB).