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GENERAL

Ratch set to acquire new power generation assets

Business, Yuthana Praiwan, Published on 29/05/2024

» SET-listed Ratch Group, a power generation arm of the Electricity Generating Authority of Thailand, expects to soon finalise six new deals to acquire power generation assets with a combined capacity of 550 megawatts in Thailand and overseas, under a plan to increase renewable energy.

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GENERAL

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.

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GENERAL

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.

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GENERAL

Biofuels to help ramp up BBGI's income

Business, Yuthana Praiwan, Published on 23/05/2024

» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.

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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

Duo gears up for hydrogen economy

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

» Thailand is preparing to build a hydrogen economy, following efforts by business and the state to push for the development of hydrogen fuel business to promote the use of cleaner energy.

GENERAL

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.

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GENERAL

B.Grimm Power diversifying into data centres

Yuthana Praiwan, Published on 17/05/2024

» SET-listed B.Grimm Power Plc (BGRIM), the country’s largest developer and operator of small power producer (SPP) plants by capacity, is preparing to diversify into the data centre business.

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GENERAL

Gunkul suspends cannabis investment amid confusion

Business, Yuthana Praiwan, Published on 15/05/2024

» SET-listed Gunkul Engineering, a renewable energy developer that diversified into the cannabis and hemp business three years ago, is suspending further investment in cannabis based on its nearly 2-billion-baht budget, pending clarity from the government regarding its policy on the drug.

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GENERAL

Revised power plan promotes clean alternatives

Business, Yuthana Praiwan, Published on 10/05/2024

» Nuclear energy and hydrogen fuel will be included in the revised version of Thailand's power development plan (PDP), which emphasises more use of clean energy, says the Energy Policy and Planning Office (Eppo).