Showing 1 - 10 of 2,712
GPSC unit wins solar bid in India
Business, Yuthana Praiwan, Published on 03/06/2024
» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, continues to expand its renewables business in India, with subsidiary Avaada Energy preparing to build a large solar farm to increase clean energy, cut carbon dioxide emissions and serve millions of people in the country.
PTTOR Wins Asian Excellence Awards
Published on 01/06/2024
» PTT Oil and Retail Business Plc (PTTOR) achieved four prestigious awards at the 14th Asian Excellence Awards, reinforcing its global excellence.
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.
Finance Ministry to optimise portfolio
Business, Nuntawun Polkuamdee, Published on 27/05/2024
» The Finance Ministry wants to review its shareholdings in stocks, aiming to adjust its asset portfolio and sell some shares to build up state coffers.
Strong Q1 results could attract fund inflows to SET
Business, Nuntawun Polkuamdee, Published on 25/05/2024
» First-quarter financial results were stronger than expected for listed Thai companies, gaining 3% year-on-year and 68% quarter-on-quarter, which could attract more fund inflows to the Thai bourse, with the index topping 1,400 points in the near term, say analysts.
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.
Securing Thailand's energy future
Oped, Published on 22/05/2024
» Since the 2021 military coup in Myanmar, foreign governments -- in particular the European Union and the United States, have issued travel bans and frozen the financial assets of corporate entities and individuals involved with the military regime. The most recent US financial sanction on the Myanmar Oil and Gas Enterprise (Moge), a major source of foreign currency revenue for the military government, which took effect in November 2023, is a potential risk to Thailand as it is reliant on gas from Myanmar for electricity generation.
IRPC bullish amid strong demand from overseas
Business, Yuthana Praiwan, Published on 21/05/2024
» IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects its business to improve this year, driven by overseas demand, especially from China, which will help the company move into the black, following two years of losses.
Somchai's shift from AIS to PTT's OR could enable alliance
Business, Komsan Tortermvasana, Published on 17/05/2024
» Somchai Lertsutiwong, chief executive of Advanced Info Service (AIS), is tipped to become chairman of PTT Oil and Retail Business (OR), paving the way for him to form an OR-AIS-Krungthai Bank (KTB) alliance to develop a virtual bank business.
Creating a long-term vision
Business, Published on 06/05/2024
» Overtourism has become a hot topic in recent weeks as the influx of tourists has caused many destinations to feel they cannot cater to the rapid growth.