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Search Result for “commence commercial operations”

Showing 1 - 10 of 99

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GENERAL

SCB X plans to harness AI for virtual bank

Business, Somruedi Banchongduang, Published on 29/07/2025

» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.

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GENERAL

Gulf acquires hydropower project in Laos for $128m

Yuthana Praiwan, Published on 23/07/2025

» SET-listed Gulf Development, a telecom operator and Thailand’s largest energy company by market value, has purchased the entire shareholding of the Pak Lay hydropower project in Laos for US$128 million to boost its renewable power generation and revenue by supplying electricity to Thailand.

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GENERAL

Gulf acquires renewable power projects for B1.1bn

Business, Yuthana Praiwan, Published on 16/07/2025

» SET-listed Gulf Development, Thailand's largest energy company by market value, is continuing to boost its renewable power generation capacity by spending 1.1 billion baht to acquire waste-to-energy power plants and refuse-derived fuel production projects held by two companies.

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GENERAL

Thailand Post offers virtual service

Business, Komsan Tortermvasana, Published on 05/07/2025

» The Digital Economy and Society (DES) Ministry plans to support state-run logistics provider Thailand Post as it offers a neutral banking agent service to prospective virtual bank operators.

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THAILAND

Banpu Invests in 350MW Battery Project in Australia 

Published on 01/07/2025

» Banpu Public Company Limited, a versatile energy company, has announced that its wholly owned subsidiary, Banpu Energy Australia Pty Limited (BEN), has signed an agreement to acquire a 50% interest in the Wooreen Energy Storage System (WESS) project. The remaining 50% is held by EnergyAustralia. Located in Latrobe Valley, Victoria, Australia, the project will have a power capacity of 350 megawatts and a storage capacity of 1,400 megawatt-hours. 

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GENERAL

Adding to the uncertainty

Business, Post Reporters, Published on 23/06/2025

» The ongoing disputes between Thailand and Cambodia have had a minimal effect on Thai businesses, but their uncertain nature has created a sense of unease among businesses and individuals.

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THAILAND

Boutique, Marriott Launch JW Marriott Hotel Bangkok Sukhumvit 

Published on 29/05/2025

» Boutique Corporation Public Company Limited (BC) has taken a major step into the luxury hotel market by signing a development and management agreement with Marriott International to launch the new JW Marriott Hotel Bangkok Sukhumvit 24. Located in a prime area of Phrom Phong district , this flagship 5-star development is one of BC’s largest projects to date, standing out in terms of scale, investment, and international service standards.

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GENERAL

BAFS keen to strengthen through regional expansion

Business, Yuthana Praiwan, Published on 27/05/2025

» SET-listed Bangkok Aviation Fuel Services (BAFS) is strengthening its business through overseas expansion, with Cambodia's new international airport being its next target market in Southeast Asia.

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WORLD

Trump signs order to ramp up US deep-sea mining

AFP, Published on 25/04/2025

» WASHINGTON - United States President Donald Trump has defied international norms on the nascent field of deep-sea mining, signing an executive order Thursday expanding the practice for rare earth minerals in domestic and international waters.

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THAILAND

Bangchak Reports Record Revenue, Doubling Synergy Target 

Published on 21/02/2025

» Bangchak Group reported its 2024 operating results, achieving a record high in revenue from sales and services. Total revenue reached THB 589,877 million, reflecting growth of over 53% from the previous year, with an EBITDA of THB 40,409 million. The company also recorded an all-time high in both revenue and total sales volume, reaching 13.8 billion litres. Additionally, synergy recognition amounted to THB 6,071 million, more than double the target. This resulted in a total profit attributable to owners of the parent of THB 2,184 million, equivalent to earnings per share of THB 1.30.