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BUSINESS

The struggle in harnessing power prices

Business, Yuthana Praiwan, Published on 25/01/2023

» Following protests from the business community, the Energy Regulatory Commission (ERC) reduced its planned hike to the power tariff for companies to 13%, down from 20.5%, but entrepreneurs say they cannot maintain product prices at these rates.

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BUSINESS

Refilling stomachs, not cars

Business, Yuthana Praiwan, Published on 05/07/2021

» The next job on the checklist for PTT Oil and Retail Business Plc (OR), which operates the Cafe Amazon franchise, may stun its rivals embarking on non-oil ventures.

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BUSINESS

Clearing the air

Asia focus, Published on 03/08/2020

» The months-long Covid-19 pandemic has taken a terrible toll on economies and the wellbeing of people worldwide, but it's certainly not the only threat humanity faces.

BUSINESS

Mineral Fuels chief shuffled amid dispute

Business, Yuthana Praiwan, Published on 16/10/2019

» The director-general of the Mineral Fuels Department, Premrutai Vinaiphat, has been reassigned as inspector-general of the Energy Ministry amid an unresolved dispute over gas platform decommissioning expense in the Erawan and Bongkot offshore fields.

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BUSINESS

Woodside powers up

Asia focus, Erich Parpart, Published on 05/12/2016

» Myanmar is the centre of attention for Woodside Energy following the Australian company's discovery of gas off the coast of Rakhine state last year. It is now preparing to invest around 25-30% of its exploration budget in Southeast Asia to help realise the potential of the region.

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BUSINESS

Stocks climb as prospects for fed rate hike recede

Business, Published on 06/06/2016

» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.

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BUSINESS

Exploring the options

Asia focus, Nareerat Wiriyapong, Published on 02/03/2015

» As Thailand takes a three-month respite from the noisy debate over oil and gas exploration, all sides involved hope that the time will be used to come up with a system that promotes energy security and is fair to the public and business alike.

BUSINESS

Mixed prospects

Asia focus, Published on 26/01/2015

» Thai companies that have been considering regional expansion are going against the global trend of budget cuts in the oil and gas industry by preparing to actively pursue possible merger and acquisition opportunities that may arise.