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Search Result for “downturn”

Showing 1 - 10 of 15

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

Susco shifts to dining, shopping

Business, Yuthana Praiwan, Published on 20/10/2025

» Local oil retailer Susco Plc is rebranding its image by turning petrol stations into "Susco Squares", offering eating and shopping options to motorists.

BUSINESS

Petrochemical slide expected to persist

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

» The downturn in the petrochemical industry is expected to continue until 2027, when it will begin to recover, according to analysts.

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

Sluggish China to keep oil prices low

Business, Yuthana Praiwan, Published on 01/10/2024

» Global oil prices are unlikely to increase in this year's fourth quarter, due in part to the impact of China's sluggish economy on its oil imports, says an analyst at national oil and gas conglomerate PTT Plc.

BUSINESS

Thailand motorcycle sales could slip

Yuthana Praiwan, Published on 09/02/2024

» Thai Honda Co, a manufacturer and distributor of motorcycles, expects domestic sales to dip slightly this year to 1.7-1.75 million units because of rule changes enforced to control high household debt.

BUSINESS

IRPC hopes to see GIM rise this year

Yuthana Praiwan, Published on 27/02/2023

» IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects to see gross integrated margin (GIM) in its oil refinery and petrochemical businesses grow to US$13-14 per barrel on average this year as the petrochemical industry downturn has passed.

BUSINESS

IRPC expects petrochemical prices to rise

Business, Yuthana Praiwan, Published on 01/12/2022

» IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects prices of petrochemical products, which hit a 10-year low, to increase early next year as Covid-19 eases.

BUSINESS

Fuel consumption dives 12.5% in 2020

Business, Yuthana Praiwan, Published on 03/02/2021

» Fuel consumption in Thailand contracted by 12.5% last year because of strict state measures to prevent the spread of Covid-19, including a lockdown order, according to the Department of Energy Business (DOEB).

BUSINESS

TOP issues $1bn in debentures

Business, Yuthana Praiwan, Published on 16/06/2020

» Thai Oil Plc (TOP) has issued US$1 billion in debentures or senior unsecured notes to foreign institutional investors in a bid to maintain cash on hand and continue development projects in the pipeline during the economic downturn.