Showing 1-10 of 30 results
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Asia factories cope with high costs amid war
Bloomberg News, Published on 01/11/2023
» JAKARTA - Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher, costs rose and global demand remained under pressure.
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Growth cut due to inflation, slowdown
Business, Chatrudee Theparat, Published on 18/05/2022
» Mounting pressure from inflation, energy prices, the global economic slowdown and the prolonged conflict between Russia and Ukraine prompted the government's planning agency to lower its economic growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.
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Putin's war is hurting less wealthy states
Oped, Published on 17/03/2022
» It is difficult to see any winners in the ongoing war caused by Russia's irrational and devastating invasion of Ukraine. But the losers extend far beyond the people of Ukraine, who are being attacked, and the people of Russia, who did not choose this war but now must endure an economy being dismantled by trade and financial sanctions. The economic impact of the conflict will be felt around the world, including in many developing countries that are already struggling to recover from the Covid-19 pandemic.
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Crude up again on Iran-US tension but virus impact hits stocks
AFP, Published on 24/04/2020
» HONG KONG: US oil prices were set to end a historically bad week on a positive note, extending gains Friday owing to rising Iran-US tensions, though equities edged down following a series of crushing economic data.
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Thai Oil's boss is no stranger to crisis mode
Business, Yuthana Praiwan, Published on 16/11/2019
» Wirat Uanarumit was appointed as chief executive and president of Thai Oil Plc in September. Thai Oil is Thailand's largest refiner and holds a 48.03% stake in PTT Plc, the national oil and gas firm.
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TOP earmarks B1bn for energy startups
Business, Yuthana Praiwan, Published on 23/10/2019
» Thai Oil Plc (TOP), the country's largest oil refiner, has allocated a budget of 1 billion baht for innovation to seek new energy startups worldwide.
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TOP wants to triple net profit by 2030
Business, Yuthana Praiwan, Published on 18/10/2019
» Thai Oil (TOP), the country's largest oil refiner, is set to triple net profit to more than US$1 billion by 2030 after the long-awaited Clean Fuel Project (CFP) starts operations in 2023.
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Global tremors nag stocks
Business, Published on 27/10/2018
» Recap: Global stock markets continue to experience volatility as tensions over global trade and unsettled Brexit negotiations keep a lid on bullish sentiment. The recent decline in global oil prices has added pressure to bourses worldwide, with the Stock Exchange of Thailand's main gauge falling below 1,600 points during intra-day trading hours.
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Thai Oil opens $4.83bn CFP
Business, Yuthana Praiwan, Published on 07/07/2018
» Thai Oil Plc, an oil refiner with the country's biggest capacity, has announced an investment in the Clean Fuel Project (CFP) of US$4.83 billion (160 billion baht) at its Sri Racha refinery.
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New flight path
Asia focus, Wanant Kerdchuen, Published on 22/03/2016
» Southeast Asia's aviation industry has lost some momentum in the past two years but could revive soon, while more growth is shifting to secondary cities in China and India, which analysts say will brighten Asia-Pacific skies over the next decade.
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