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Search Result for “fastest-growing market”

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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

Thai firms chase LNG deals as worldwide prices decline

Business, Yuthana Praiwan, Published on 10/02/2026

» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.

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

GGC launches partnership for credits from palm oil

Business, Yuthana Praiwan, Published on 09/02/2026

» Global Green Chemicals Plc (GGC), the biochemical arm of PTT Global Chemical Plc, has partnered with Thaicom Plc and the Thailand Greenhouse Gas Management Organization (TGO) to launch a pilot smart palm oil farming project aimed at supporting Thailand's 2050 net-zero target.

BUSINESS

Oil drilling set to increase

Business, Yuthana Praiwan, Published on 07/02/2026

» The Department of Mineral Fuels (DMF) is preparing to restart oil and gas exploration and production projects once a new government takes office following the Feb 8 general election, in a bid to attract multi-billion-baht investments and strengthen Thailand's long-term energy security.

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.

SUSTAINABILITY

Thailand positions itself for the carbon economy

Business, Yuthana Praiwan, Published on 27/01/2026

» Climate change has shifted from being a subject of policy discussion to becoming central to the global economic system in recent years.

BUSINESS

Petroleum law changes put on hold

Business, Yuthana Praiwan, Published on 21/01/2026

» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.

BUSINESS

Renewables expansion facing fresh challenges

Business, Yuthana Praiwan, Published on 01/01/2026

» Caretaker prime minister Anutin Charnvirakul's decision to dissolve the House adds challenges to the state push for a transition to clean energy in 2026.

BUSINESS

Egco allots B30bn for plant expansion

Business, Yuthana Praiwan, Published on 18/12/2025

» SET-listed Electricity Generating (Egco), the power generation arm of Electricity Generating Authority of Thailand, is implementing its "Power4" strategy and allocating 30 billion baht to invest in a natural gas and renewable power plant portfolio in Thailand and overseas.