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BUSINESS

PTT rules out capital increase

Business, Yuthana Praiwan, Published on 03/09/2012

» Despite looming concerns over its cash flow stability given its heavy capital expenditure requirements, PTT Plc has reaffirmed its financial capability as adequate for new mergers and acquisitions for both conventional and unconventional petroleum resources.

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BUSINESS

PTTEP unaffected by fine for massive 2009 Australian spill

Business, Yuthana Praiwan, Published on 01/09/2012

» The SET-listed PTT Exploration and Production (PTTEP) will likely suffer only a marginal impact from the fines levied for its huge oil spill off northwestern Australia, say analysts.

BUSINESS

Hi-Tech opens industrial estate in Prachin Buri

Business, Yuthana Praiwan, Published on 31/08/2012

» Hi-Tech Industrial Park Co has opened a second industrial estate worth 400 million baht after 22 years after debuting its first project in Ayutthaya.

BUSINESS

Ministry livid over dormant solar farms

Business, Yuthana Praiwan, Published on 30/08/2012

» The government is set to terminate idle solar farm licences in order to open the door for new investors, says Energy Minister Arak Chonlatanon.

BUSINESS

Tirathai to expand into making steel structures

Business, Yuthana Praiwan, Published on 29/08/2012

» Thailand's top electrical power transformer manufacturer, Tirathai Plc (TRT), is diversifying into steel structure manufacturing after expanding into the hydraulic derrick line truck business in June.

BUSINESS

PTT in buyout bid for Sakari

Business, Yuthana Praiwan, Published on 28/08/2012

» PTT Plc, the national oil conglomerate, has offered S$1.2 billion (30 billion baht) to buy out the Singapore Exchange-listed Sakari Resources in a move aimed at boosting its coal business to meet rising regional fuel demand.

BUSINESS

Four regional science parks in budget

Business, Yuthana Praiwan, Published on 27/08/2012

» Thailand is stepping forward to technology- and science-based economic development, as the government is committed to spending 8 billion baht to build science parks in four regions of the country.

BUSINESS

Crude exports to end in 2013, says institute

Business, Yuthana Praiwan, Published on 25/08/2012

» Exports of domestic crude, even the low-grade sort, will be phased out by next year's third quarter to reduce the country's reliance on oil imports.

BUSINESS

PTT to trim subsidiaries

Business, Yuthana Praiwan, Published on 21/08/2012

» National oil conglomerate PTT Plc is set to trim or scrap investments in subsidiaries that are not profitable or underperform in a move to control costs and enhance competitiveness.

BUSINESS

Taxi drivers warn of CNG hike woes

Business, Yuthana Praiwan, Published on 17/08/2012

» Taxi operators yesterday repeated their calls for the government to come up with measures to offset their plight if the price of compressed natural gas for the transport sector is increased to reflect the market price.