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Search Result for “declined”

Showing 1 - 10 of 138

BUSINESS

Fuel usage declined 0.2% in 2025

Business, Yuthana Praiwan, Published on 13/02/2026

» Thailand's total fuel consumption dipped slightly last year, falling by 0.2% year-on-year due to the economic slowdown, says the Department of Energy Business (DOEB).

BUSINESS

Bangchak uncertain on petroleum plans

Business, Yuthana Praiwan, Published on 14/08/2025

» SET-listed Bangchak Corporation has yet to decide whether to re-enter the petroleum business in Asia, though it is collaborating with Chevron Offshore (Thailand) to explore for oil and gas in a potential area in the Gulf of Thailand.

BUSINESS

Oil prices fluctuate as Mideast tensions persist

Yuthana Praiwan, Published on 24/06/2025

» Global oil prices remain volatile amid rapid changes in the Israel-Iran war, with the crude price surge losing momentum after US President Donald Trump announced a ceasefire between the two countries.

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 unit plans 2 new solar farms in Taiwan

Business, Yuthana Praiwan, Published on 05/06/2025

» SET-listed BCPG, the power generation arm of the energy conglomerate Bangchak Corporation, is continuing to grow its business in Taiwan by developing two new solar farms, in line with the government's renewable energy acceleration policy.

BUSINESS

Tasco banks on premium-grade asphalt

Business, Yuthana Praiwan, Published on 21/05/2025

» Stronger competition in the Asian asphalt market is causing Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, to focus more on making premium-grade asphalt to earn more revenue and avoid a price war.

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

Ratch allots B15bn for capacity

Business, Yuthana Praiwan, Published on 15/03/2025

» SET-listed Ratch Group, the power generation arm of Electricity Generating Authority of Thailand, is funnelling 15 billion baht into power generation capacity expansion this year, steering away from new investment in non-power businesses.

BUSINESS

EV charging firm Sharge aims to expand client base

Business, Yuthana Praiwan, Published on 02/01/2025

» Sharge Management Co, a provider of charging systems for battery-powered vehicles, is targeting logistics and express delivery operators for new customers in order to rapidly expand its client base.

BUSINESS

OR eager to sell shares of underperforming businesses

Business, Yuthana Praiwan, Published on 11/12/2024

» PTT Oil and Retail Business (OR) plans to sell stakes in some businesses, including restaurants, to reduce losses caused by underperforming operations, as well as revisit enterprises with a dim outlook, says chief executive Disathat Panyarachun.