Showing 1 - 10 of 15
PSTC eyes higher gas sales
Business, Yuthana Praiwan, Published on 08/12/2022
» SET-listed Power Solution Technologies (PSTC), a provider of clean energy solutions and construction services, is expecting higher sales of compressed natural gas next year because of environmental concerns and factory operators' desire to cut costs.
PSTC set to return to profit as new pipeline goes online
Business, Yuthana Praiwan, Published on 28/09/2022
» SET-listed Power Solution Technologies (PSTC), a provider of construction services and clean energy solutions, expects higher revenue to help it return to profit next year, following almost three consecutive years of losses.
PSTC holds off on Big Gas stock listing
Business, Yuthana Praiwan, Published on 08/08/2019
» MAI-listed Power Solution Technologies Plc (PSTC) has decided to put off a listing plan for subsidiary Big Gas Technology Co, citing an unattractive climate for retail investors in the stock market.
TPN pipeline extension to include Laos
Business, Yuthana Praiwan, Published on 28/02/2019
» Thai Pipeline Network Co (TPN), a subsidiary of MAI-listed Power Solution Technologies Plc (PSTC), plans to extend the second phase of its oil pipeline in the northeastern provinces to Laos.
Equities charge ahead despite trade worries, SET up 2%
Business, Published on 22/09/2018
» Recap: All eyes remain fixed on Sino-US trade negotiations as the two countries have imposed more import tariffs against one another. Despite trade uncertainty, US stocks rose on strong economic data, led by financials, while gold and oil also gained. An expected interest-rate increase next week by the Fed is largely priced in already.
PSTC gets first crack at LNG retailing
Business, Yuthana Praiwan, Published on 07/03/2018
» SET-listed Power Solution Technology Plc (PSTC) will become the first new player to enter Thailand's liquefied natural gas (LNG) retail business, an industry that national oil and gas conglomerate PTT has solely operated for years.
Tax optimism drives Dow, year-end fund buys help SET
Business, Published on 02/12/2017
» Recap: US stocks surged this week, with the Dow breaching 24,000 points on investor optimism that the US Senate will pass a major tax-reform bill. The Thai market was quiet with no real catalysts other than the usual year-end demand for long-term and retirement mutual fund purchases.
Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
Stocks drift as investors await signals from yellen
Business, Published on 29/08/2016
» Recap: Softer oil prices depressed Asian stock markets last week as investors worldwide also awaited cues on interest rates from Federal Reserve Chair Janet Yellen. The Fed chief on Friday indicated conditions were almost right for a move but she did not say when. The Thai stock market moved in a limited range amid a lack of positive factors to drive activity.