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Search Result for “global economic”

Showing 1 - 10 of 259

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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

Enhancing the nation's oil security

Business, Yuthana Praiwan, Published on 18/07/2024

» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.

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GENERAL

Gas production hikes and regional buying to cut LNG imports

Business, Yuthana Praiwan, Published on 25/06/2024

» Thailand plans to increase domestic gas production and renew gas purchases from neighbouring countries to reduce its dependence on liquefied natural gas (LNG) as gas demand is expected to increase in Asia, say energy authorities and analysts.

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GENERAL

Various factors hurt Tasco's Q1 earnings

Business, Yuthana Praiwan, Published on 22/05/2024

» The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.

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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

Push for new power trade system

Business, Yuthana Praiwan, Published on 02/05/2024

» Businesses are repeating their call for the government to change the country's electricity trade from the decade-long enhanced single buyer (ESB) system because it does not facilitate increased use of renewable power.

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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

Government gets tough on CO2

Business, Yuthana Praiwan, Published on 02/04/2024

» Thailand is expected to start enforcing a new law outlining measures to reduce carbon dioxide emissions within this year, helping the state and business sectors better deal with climate change, says Rachata Phisitbanakorn, assistant to the natural resources and environment minister.

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GENERAL

Domestic oil demand set to rise this year

Business, Yuthana Praiwan, Published on 29/02/2024

» Demand for refined oil, especially jet fuel, in Thailand is expected to grow this year despite a projection of slow economic growth, says Thai Oil Plc, the country's largest oil refinery by capacity.

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GENERAL

Preparing for the green utility tariff

Business, Yuthana Praiwan, Published on 25/01/2024

» The announcement of a green utility tariff (GUT), scheduled for February, is expected to mark a significant step in renewable energy use to support local businesses and draw foreign investment.