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Search Result for “cash”

Showing 1 - 10 of 164

BUSINESS

Banpu acquires battery farm in US

Business, Yuthana Praiwan, Published on 03/02/2026

» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.

BUSINESS

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).

BUSINESS

Gulf prudent about new investment

Business, Yuthana Praiwan, Published on 12/06/2025

» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, is adopting a cautious approach to new investment this year to avoid risks caused by global economic and political uncertainties.

BUSINESS

PTT to slash costs amid US tariff burden

Business, Yuthana Praiwan, Published on 22/05/2025

» National oil and gas conglomerate PTT Plc plans to cope with US tariffs and a dip in global oil prices by reducing expenses and increasing operational efficiency to boost profits.

BUSINESS

EA targets energy sales to lift revenue

Business, Yuthana Praiwan, Published on 31/03/2025

» Energy Absolute Plc (EA), a renewable energy firm and electric vehicle (EV) developer, plans to increase its revenue this year by focusing on energy sales, while restructuring its unprofitable EV business.

BUSINESS

Fuel consumption climbs 2.8% in January

Business, Yuthana Praiwan, Published on 19/03/2025

» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.

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.

BUSINESS

Firms urged to harness carbon capture technology

Business, Yuthana Praiwan, Published on 31/12/2024

» While planting more trees is a simple way to absorb carbon dioxide, many companies, especially those in the energy sector, need to adopt a more sophisticated method by installing carbon capture technology.

BUSINESS

Banpu outlines 2030 goals

Business, Yuthana Praiwan, Published on 03/12/2024

» SET-listed Banpu Power, the power generation arm of energy conglomerate Banpu Group, aims to achieve key revenue and environmental goals by 2030 through business operations in three countries.

BUSINESS

BCPG gains B4.5bn shares in 2 Vietnam wind farms

Business, Yuthana Praiwan, Published on 26/11/2024

» BCPG Plc, the renewable power generation arm of energy conglomerate Bangchak Corporation Plc, is expanding its business in Southeast Asia by purchasing shares worth 4.5 billion baht in two wind farms in Vietnam.