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BUSINESS

Carrier sets up venture with B.Grimm

Business, Yuthana Praiwan, Published on 30/08/2013

» US-based Carrier, the world's leader in air conditioning and refrigeration products, targets doubling its sales in the residential air conditioner market in Thailand within three years.

BUSINESS

York manufacturer to ice Thai air-conditioner market

Business, Yuthana Praiwan, Published on 20/08/2013

» Johnson Controls International (Thailand) Co, the local manufacturer and distributor of York brand air conditioners, expects revenue to grow 20-25% to 1 billion baht the next fiscal year starting in October, thanks to growing energy concerns among property owners and developers.

BUSINESS

PTT creates new B2,000 diesel-saving equipment

Business, Yuthana Praiwan, Published on 26/07/2013

» PTT Plc, the national oil conglomerate, has developed equipment that makes diesel engines more fuel-efficient while emitting fewer emissions.

BUSINESS

PTT slashes investment budget by 46%

Business, Yuthana Praiwan, Published on 13/07/2013

» The energy conglomerate PTT Plc has cut its budget for new projects by 46% from almost 101 billion baht to 54.6 billion in line with global economic uncertainty.

BUSINESS

Thaioil, Mitsui launch one-of-a-kind joint venture

Business, Yuthana Praiwan, Published on 12/07/2013

» New investment in Thailand by the Japanese trading and industrial firm Mitsui & Co Ltd is aimed at serving its Asean expansion strategy in line with the upcoming regional integration.

THAILAND

Egat plans new B60bn transmission line to South

Yuthana Praiwan, Published on 09/07/2013

» The Electricity Generating Authority of Thailand will build a new high-voltage transmission line to serve the southern region, upgrading the current inadequate supply, at an estimated cost of 60 billion baht, outgoing Egat governor Sutat Patmasiriwat said on Tuesday.

BUSINESS

PTT appoints FPO chief as new director

Business, Yuthana Praiwan, Published on 29/06/2013

» Somchai Sujjapongse, director-general of the Fiscal Policy Office (FPO), and a close ally of the Pheu Thai Party have been named as new board members of energy giant PTT Plc after two directors abruptly resigned to take cabinet posts.

BUSINESS

Egco buys Australian wind turbines

Business, Yuthana Praiwan, Published on 28/06/2013

» Electricity Generating Plc (Egco), the first independent power producer in Thailand, has paid 3.2 billion baht (A$110 million) for full ownership of Boco Rock Wind Farm in New South Wales, Australia.

BUSINESS

Power reserves get jolt

Business, Yuthana Praiwan, Published on 21/06/2013

» Plans call for raising the country's power reserves from 15% to 20% in a bid to bolster energy security, says Energy Minister Pongsak Raktapongpaisal.

BUSINESS

Soonchai tipped for Egat chief

Business, Yuthana Praiwan, Published on 20/06/2013

» Soonchai Kumnoonsate has been named the frontrunner to become the 12th governor of the Electricity Generating Authority of Thailand.