Showing 1 - 10 of 165
Carbon rules reshape Thai business as CBAM looms
Business, Yuthana Praiwan, Published on 09/02/2026
» The European Union's Carbon Border Adjustment Mechanism (CBAM) is sending ripples of concern throughout global trade, unsettling exporters of certain products while raising broader questions about its long‑term impact on industries not yet covered by the measure.
PTT sells stake in Neo Mobility Asia to MGC
Business, Yuthana Praiwan, Published on 06/08/2025
» National oil and gas conglomerate PTT Plc continues to reduce its role in the battery-powered vehicle business with the sale of its entire 50% stake in Neo Mobility Asia Co (NMA), a flagship electric vehicle (EV) business, to SET-listed auto retailer Millennium Group Corporation (Asia) (MGC).
Gulf acquires hydropower project in Laos for $128m
Yuthana Praiwan, Published on 23/07/2025
» SET-listed Gulf Development, a telecom operator and Thailand’s largest energy company by market value, has purchased the entire shareholding of the Pak Lay hydropower project in Laos for US$128 million to boost its renewable power generation and revenue by supplying electricity to Thailand.
Surge in demand for jet fuel during first 5 months
Business, Yuthana Praiwan, Published on 10/07/2025
» Jet fuel led energy consumption in Thailand from January to May this year, with usage increasing by 12.3% year-on-year over the first five months of 2024, surpassing demand for other fuels in the transport and manufacturing sectors, said the Department of Energy Business.
Thais reassured about oil supplies after strikes on Iran
Yuthana Praiwan, Published on 13/06/2025
» Thailand has sufficient oil for 60 days of use as concern over energy supply disruptions grows following Israel’s attacks on Iranian nuclear sites, the Department of Energy Business said on Friday.
Bangchak puts SAF return on investment at 5-7 years
Business, Yuthana Praiwan, Published on 08/04/2025
» Energy conglomerate Bangchak Corporation Plc expects it will be 5-7 years before it generates enough revenue to recoup its investment in sustainable aviation fuel (SAF), though some prospective customers have postponed plans to legally require aircraft operators to use this biofuel.
Fuel consumption up in line with GDP last year
Business, Yuthana Praiwan, Published on 07/02/2025
» Fuel consumption rose by 2.1% last year to 155.4 million litres per day (MLD), in line with estimated GDP growth of 2.6-2.7%, which was driven by tourism-related businesses, says the Department of Energy Business.
Egco to exit Australian wind farm
Business, Yuthana Praiwan, Published on 05/02/2025
» SET-listed Electricity Generating (Egco), the power generation arm of the Electricity Generating Authority of Thailand, has decided to sell its entire stake in Boco Rock Wind Farm Pty in Australia under a plan to restructure its investment portfolio.
PTT evaluating prospects for non-oil subsidiary GML
Business, Yuthana Praiwan, Published on 20/01/2025
» National oil and gas conglomerate PTT Plc continues to consider its investment plans in non-oil businesses, including logistics unrelated to petroleum products.
Bangkok Aviation Fuel Services upbeat on outlook for revenue
Business, Yuthana Praiwan, Published on 03/01/2025
» Bangkok Aviation Fuel Services Plc (BAFS) expects its revenue in 2025 to reach the high level recorded in 2019, driven by growing demand during the high season for tourism this year, says president ML Nathasit Diskul.