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BUSINESS

IRPC halves 5-year capex plan as demand slumps

Business, Yuthana Praiwan, Published on 11/05/2020

» IRPC Plc, the petrochemical arm of PTT Plc, plans to halve its 68.1 billion baht in budgeted capital expenditure (capex) over the next five years (2020-24) in line with falling global demand for polymers as a result of the coronavirus pandemic.

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BUSINESS

Ministry keen to build LNG stockpile while prices low

Business, Yuthana Praiwan, Published on 28/04/2020

» The Energy Ministry has thrown full support behind a plan by state-owned energy firms to import additional liquefied natural gas (LNG) from spot markets, where LNG has hit record low prices, in order to lower energy costs.

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BUSINESS

Oil reserves reduction readied

Business, Yuthana Praiwan, Published on 10/04/2020

» The Department of Energy Business (DOEB) is expected to reduce oil reserves this week to 4% (15 days of average daily consumption) from 6% (21.5 days) in response to low demand due to the pandemic.

BUSINESS

PTT to maintain gas output

Business, Yuthana Praiwan, Published on 31/03/2020

» Energy policymakers have ordered national oil and gas conglomerate PTT Plc to continue gas production in Myanmar during the Songkran holiday to avoid an electricity interruption from surging demand from home workers.

BUSINESS

Power agencies earmark B40bn for relief package

Business, Yuthana Praiwan, Published on 20/03/2020

» Three state-run power units look set to allocate a combined 40 billion baht to help reduce the cost of living for consumers affected by the outbreak.

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BUSINESS

Sena's brand ambassador

Business, Yuthana Praiwan, Published on 18/01/2020

» For Sena Development Plc, Kessara Thanyalakpark seems to embody the company from a customer perspective. She always appears in advertisements for Sena's real estate projects and represents the company as a property expert.

BUSINESS

R&D delivers a loving spoonful

Business, Yuthana Praiwan, Published on 11/12/2019

» Thailand's aged people, those 65 and up, are projected to account for 8.64 million or 12.4% of the country's population this year. Crossing the 10% threshold means a nation has entered the ageing stage, according to UN guidelines.

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BUSINESS

Uttama eyes tax rejigs, not outright cut

Yuthana Praiwan, Published on 20/07/2019

» The Palang Pracharath Party (PPRP) never promised an outright reduction of income taxes during the election campaign as it merely meant to revise tax structures plagued with discrepancies, says Finance Minister Uttama Savanayana, who is also the PPRP leader.

BUSINESS

IRPC working on tariff tactics

Business, Yuthana Praiwan, Published on 15/05/2019

» SET-listed petrochemical maker IRPC is planning new measures to tackle myriad risks from the US-China trade war to its plastic and fibre product exports to both countries.

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BUSINESS

JWD sets target for B9bn revenue in three years

Business, Yuthana Praiwan, Published on 24/04/2019

» SET-listed JWD InfoLogistics Plc, an integrated inland logistics service provider, aims to double revenue to nearly 9 billion baht within three years.