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Search Result for “state oil company”

Showing 1 - 10 of 2,349

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INVESTMENT

Asian shares recover on hopes for policy support

Business, Published on 01/06/2024

» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.

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MOTORING

PSP banks on EV industry expansion for growth

Business, Yuthana Praiwan, Published on 30/05/2024

» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.

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INVESTMENT

Asian shares decline as US rate-cut hopes dim

Business, Published on 25/05/2024

» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.

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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

Businesses up in smoke

Business, Published on 20/05/2024

» A deadline set by cannabis advocacy groups is rapidly approaching for the government to justify its plan to reclassify cannabis as a narcotic.

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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

Dumping of cheap steel irks Tata unit

Business, Lamonphet Apisitniran, Published on 01/05/2024

» Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker, remains worried as China continues to dump cheap steel exports in Southeast Asia, including Thailand, as the Chinese economy decelerates.

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GENERAL

Calculating the cost of war

Business, Published on 29/04/2024

» Currency depreciation, a surge in oil prices and a decline in purchasing power often result from geopolitical conflicts.

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GENERAL

Asian shares get lift from US tech results

Business, Published on 27/04/2024

» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.

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GENERAL

Lower power bills if PTT pays fines

Business, Yuthana Praiwan, Published on 27/04/2024

» The Energy Regulatory Commission (ERC) is planning to lower power bills near the end of this year if national oil and gas conglomerate PTT Plc pays fines worth 4.7 billion baht that it reportedly collected from gas suppliers who did not comply with gas purchase contracts.