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Search Result for “globally”

Showing 1 - 10 of 45

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

Innobic buys Alvogen Pharma

Business, Yuthana Praiwan, Published on 08/12/2025

» Innobic (Asia), the life science arm of energy giant PTT Plc, is moving into the world's largest pharmaceutical market after securing a foothold in the US through the acquisition of Alvogen Pharma US Inc.

BUSINESS

New net-zero target sparks policy rethink

Business, Yuthana Praiwan, Published on 01/12/2025

» Thailand aims to achieve net zero by 2050, 15 years earlier than previously planned, but reaching that goal will require major changes in the country's energy landscape, with the power sector at the heart of the transition.

BUSINESS

EVs, data centres seen driving cable growth

Business, Yuthana Praiwan, Published on 02/10/2025

» The electrical wire and cable industry is expected to have bright prospects this year, driven by the growth of electric vehicle (EV) and data centre businesses, says the Trade Association of Thai Cable Manufacturers (ATCM).

BUSINESS

Suppliers keen to serve power-hungry data centres

Business, Yuthana Praiwan, Published on 28/08/2025

» The rapid growth of data centre businesses globally is presenting a new opportunity for power companies, with Global Power Synergy Plc (GPSC) planning to sell electricity and steam to data centre operators in Thailand and India.

BUSINESS

LNG purchases may ease trade imbalance with US

Business, Yuthana Praiwan, Published on 12/04/2025

» Energy authorities are working on a plan to buy more liquefied natural gas (LNG) from the US to help the government deal with the trade imbalance that led Washington to impose a high tariff on Thai exports.

BUSINESS

PTT opts to divest shares in Horizon Plus

Yuthana Praiwan, Published on 09/01/2025

» National oil and gas conglomerate PTT Plc has decided to divest its shares in Horizon Plus, a joint venture set up to produce electric vehicles domestically, following tougher competition in the EV market.

BUSINESS

PTT set to spin off life science unit Innobic

Business, Yuthana Praiwan, Published on 20/11/2024

» National oil and gas conglomerate PTT Plc is likely to spin off its life science subsidiary Innobic (Asia), enabling the firm to be more financially independent as it seeks to make significant changes to its diversified businesses.

BUSINESS

Egco offloads stake in US power plant

Business, Yuthana Praiwan, Published on 25/10/2024

» SET-listed Electricity Generating (Egco), a power generation arm of the Electricity Generating Authority of Thailand, has decided to adjust its investment in the US by selling the company's entire 49% stake in RISEC Holding, the operator of a Rhode Island-based combined cycle power plant.

BUSINESS

Egco's Apex purchase to increase renewable capacity

Business, Yuthana Praiwan, Published on 15/10/2024

» Electricity Generating Plc (Egco) expects its share purchase of US-based Apex Clean Energy Holdings Llc to increase its renewable power proportion to 30% by 2030 as it seeks to promote clean energy.