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Search Result for “cautious stance”

Showing 1 - 10 of 15

SUSTAINABILITY

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.

BUSINESS

Susco, Asia Green Energy bullish on EV industry

Business, Yuthana Praiwan, Published on 23/07/2025

» An oil retailer and a coal trading firm are expecting to rack up significant revenue from their newly-developed electric vehicle (EV) businesses, which are said to be increasingly disrupting sales of fossil fuels.

BUSINESS

Gulf hits renewable target 5 years early

Business, Yuthana Praiwan, Published on 30/06/2025

» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, has achieved its target to increase its renewable power proportion to 40% of total electricity generation capacity following a recent investment in solar farms.

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

Bangchak refinery limits budget outlay

Business, Yuthana Praiwan, Published on 23/11/2024

» Bangchak Sriracha Refinery Plc (BSRC), a subsidiary of Bangchak Corporation, is being cautious with budget spending to develop its oil refinery in Chon Buri's Sri Racha district as the refinery business slumps.

BUSINESS

Review of national energy stance urged

Business, Yuthana Praiwan, Published on 22/11/2024

» The Federation of Thai Industries (FTI) has reiterated its call to the government to seriously consider its proposal of setting up a public-private committee on energy to better manage national energy, following changes in America's energy policy under the incoming Donald Trump administration.

BUSINESS

Thai fuel usage increases by 4.1%

Business, Yuthana Praiwan, Published on 06/04/2024

» Thailand's total fuel consumption rose by 4.1% to 155 million litres per day (MLD) during the first two months of 2024, in line with economic growth, says the Department of Energy Business.

BUSINESS

Nex Point: Weak growth aids sales

Business, Yuthana Praiwan, Published on 28/02/2024

» The projection of slow economic growth in Thailand this year is believed to be good for electric vehicle sales, says Nex Point Plc, a local assembler of commercial EVs.

BUSINESS

PTT sets out stance on Myanmar after fund exit

Business, Yuthana Praiwan, Published on 23/12/2022

» PTT Group has clarified its stance on Myanmar, after a major investment fund decided to divest shares of PTT Plc and its subsidiary PTT Oil and Retail Business Plc (OR), which is operating a petroleum business in the country.

BUSINESS

IRPC vows to stamp out corruption

Business, Yuthana Praiwan, Published on 28/10/2021

» IRPC Plc, a petrochemical arm of national oil and gas conglomerate PTT Plc, has announced zero tolerance of corruption, a major hindrance to national economic development and business progress in the private sector.