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BUSINESS

PTT Group to scale battery production

Business, Yuthana Praiwan, Published on 20/07/2021

» National oil and gas conglomerate PTT Group is aiming to scale its battery production capacity to a gigawatt-hour level after opening a factory in Rayong, the first semi-solid battery production facility in Southeast Asia.

BUSINESS

GPSC spends B16.3bn on two wind farm projects

Business, Yuthana Praiwan, Published on 16/07/2021

» Global Power Synergy Plc (GPSC), a power generation arm of national oil and gas conglomerate PTT Group, continues to expand its renewable energy business by spending US$500 million (16.3 billion baht) to acquire a 25% share in the Changfang and Xidao (CFXD) offshore wind farm projects in Taiwan.

BUSINESS

TSE eyeing assets to fuel expansion

Business, Yuthana Praiwan, Published on 14/05/2021

» SET-listed Thai Solar Energy Plc (TSE) is negotiating to acquire two new renewable energy assets domestically in a move to expand its power generation capacity.

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BUSINESS

PTT enters medical field in new deal

Business, Yuthana Praiwan, Published on 29/04/2021

» National oil and gas conglomerate PTT Plc and its petrochemical arm IRPC Plc have officially established Innopolymed Co as their first flagship firm to produce medical equipment.

BUSINESS

PTT approves dividend payout ratio of 76%

Business, Yuthana Praiwan, Published on 10/04/2021

» National oil and gas conglomerate PTT Plc has approved a dividend payout ratio of 76% of 1.32 baht earnings per share for the full year 2020, up from its average of 46% of earnings per share since the firm was listed on the Stock Exchange of Thailand in 2001.

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BUSINESS

Banpu bets on Nimco power plant

Business, Yuthana Praiwan, Published on 03/04/2021

» Banpu Power Plc (BPP), the power generation arm of non-oil energy conglomerate Banpu, has acquired 2.5 billion baht worth of shares in Nakoso IGCC Management (Nimco), which owns the 543-megawatt Nakoso IGCC power plant in Japan’s Fukushima Prefecture, in a move that has been touted as seeking quick returns.

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BUSINESS

BCP adds coffee shops in Laos, Cambodia

Business, Yuthana Praiwan, Published on 12/01/2021

» Bangchak Corporation (BCP), a mostly state-owned energy firm, is planning to increase its Inthanin coffee houses overseas to grow its non-oil business after the pandemic calms down.

BUSINESS

Shrinkflex moving ahead with IPO

Business, Yuthana Praiwan, Published on 17/10/2020

» Shrinkflex Thailand Plc (SFT), the country's largest shrink-film label maker, remains confident in its IPO plan despite growing anti-government sentiment and the resulting massive street rallies.

BUSINESS

PEA announces 5-year capital spending plan

Business, Yuthana Praiwan, Published on 09/09/2020

» The Provincial Electricity Authority (PEA), a state power distribution arm, has announced a five-year capital spending plan of 200 billion baht to improve services nationwide and move towards smart technology.

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BUSINESS

Bangchak to sell Nido subsidiary

Business, Yuthana Praiwan, Published on 30/05/2020

» Mostly state-owned energy firm Bangchak Corporation Plc plans to sell a subsidiary, Nido Petroleum Pty Ltd, which operates oil and gas drilling in the Philippines.