Showing 1 - 10 of 174
Tasco sees performance improving in rest of year
Business, Yuthana Praiwan, Published on 10/09/2024
» SET-listed Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, expects a better business performance in the last two quarters of this year, following a drop in revenue in the first half.
A closer look at the new energy plan
Business, Yuthana Praiwan, Published on 20/06/2024
» The revised version of the power development plan (PDP), which went through a week-long public hearing ending on June 19, is ready to be forwarded for approval by energy authorities, who expect to implement the plan within this year.
WHAUP revenue set to see double digit growth
Business, Yuthana Praiwan, Published on 18/06/2024
» SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, expects revenue to grow by double digits this year, up from 2.8 billion baht in 2023, thanks to greater demand for water and electricity from factories.
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.
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.
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.
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).
Fuel consumption drops by 2.6% in Q1
Yuthana Praiwan, Published on 03/05/2024
» Fuel consumption in the first quarter of this year dropped 2.6 % to 156.7 million litres per day (MLD) due to the retirement period of capped price policy, according to the Department of Energy Business (DOEB).
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.
Power price decision put to public
Business, Yuthana Praiwan, Published on 09/03/2024
» The Energy Regulatory Commission (ERC) is gathering public opinion about adjusting the power tariff used to calculate electricity bills between May and August, before deciding whether to maintain the tariff rate at 4.18 baht per kilowatt-hour (unit).