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SUSTAINABILITY

The next guardians of the sea

Business, Yuthana Praiwan, Published on 14/07/2025

» When Natyada Thuasawad gazes upon the vast sea, she sees assets. A student at Prince of Songkla University, Ms Natyada said the sea is a key source of revenue for Thailand, offering people food and exciting tourist attractions along shorelines and on islands.

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

Regulator prepares for nuclear energy

Business, Yuthana Praiwan, Published on 15/11/2024

» The Energy Regulatory Commission (ERC) will start looking into the legal aspects of a small modular reactor project this month to prepare Thailand for using nuclear energy as observers voice concerns over a decline in domestic gas supply and uncertainty surrounding Thai-Cambodian talks on joint petroleum production in the overlapping claims area (OCA).

BUSINESS

Solutions sought for huge oil fund debt

Business, Yuthana Praiwan, Published on 05/09/2024

» Regulating oil and gas prices by offering subsidies from the Oil Fuel Fund for five years has left the Oil Fuel Fund Office (Offo) with huge losses and substantial debt.

BUSINESS

EA eager to raise funds later this year

Business, Yuthana Praiwan, Published on 03/07/2024

» Energy Absolute Plc (EA), a renewable energy and electric vehicle (EV) developer and operator, plans to raise funds in the second half of this year to grow its businesses and pay back part of the debt incurred under its past corporate bonds.

BUSINESS

Power demand hits new record amid heatwave

Yuthana Praiwan, Published on 30/04/2024

» Electricity usage hit a new daily high of 36,700 megawatts on Monday, when temperatures averaged 35-38°C across the nation, peaking at 42°C, according to energy authorities.

BUSINESS

Lower power bills if PTT pays fines

Business, Yuthana Praiwan, Published on 27/04/2024

» The Energy Regulatory Commission (ERC) is planning to lower power bills near the end of this year if national oil and gas conglomerate PTT Plc pays fines worth 4.7 billion baht that it reportedly collected from gas suppliers who did not comply with gas purchase contracts.

BUSINESS

Global Green Chemicals eyes income boost from new businesses

Business, Yuthana Praiwan, Published on 22/02/2024

» SET-listed Global Green Chemicals (GGC), the biochemical arm of PTT Global Chemical, expects to rake in more revenue from two new businesses -- food supplements and drugs -- by taking advantage of its expertise in the biochemical industry.

BUSINESS

PTG acquires 33% stake in car leasing firm Paisan Capital

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

» SET-listed PTG Energy, a local oil trader and operator of PT petrol stations, has acquired shares in local car leasing firm Paisan Capital to further expand its non-oil business.

BUSINESS

Gunkul preps 17 projects

Business, Yuthana Praiwan, Published on 03/01/2024

» Gunkul Engineering Plc, a renewables developer and construction firm, plans to raise funds worth 20.8-25 billion baht for the development of 17 renewable energy projects this year under the state's 5.2-gigawatt renewable scheme, says chief financial officer Thitipong Techaratanayuenyong.