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BUSINESS

Egco adds solar stake in spending spree

Business, Yuthana Praiwan, Published on 24/03/2012

» Thailand's first independent power producer, Egco Group Plc, has acquired a 60% stake in G-Power Source (GPS), a wholly owned solar subsidiary of Gunkul Engineering Plc. The share purchase was signed yesterday.

THAILAND

Pttep launches enthusiastic bid for london energy corp

News, Yuthana Praiwan, Published on 26/02/2012

» Thailand's sole oil and gas explorer, PTT Exploration and Production Plc offered 1.19 billion for London-based Cove Energy Plc, outbidding Royal-Dutch Shell Plc's earlier tender, said PTTEP president and chief executive officer Anon Sirisaengtaksin.

BUSINESS

Fuel prices rise today as losses mount

Business, Yuthana Praiwan, Published on 16/02/2012

» The government yesterday gave the nod for an increase in oil and gas prices in a bid to mitigate the state Oil Fund's financial losses.

BUSINESS

Clean Slate

Business, Yuthana Praiwan, Published on 16/02/2012

» Eaw Sanitwaja is hoping for a quick reversal of the recent business setbacks caused by last year's floods. Her community is counting on sales of its Luffala natural spa soap to rebound to normal levels of 600,000 baht a momnth after being halved following the floods.

BUSINESS

Less oil volatility predicted

Business, Yuthana Praiwan, Published on 03/02/2012

» Global oil prices should stabilise this year as continued economic weakness in Europe, the US and Japan cools demand, local experts told a seminar yesterday.

BUSINESS

PTT lube sales to heat up

Business, Yuthana Praiwan, Published on 23/01/2012

» The national oil conglomerate PTT Plc expects sales of its lubricant business will increase by 30.7% this year to 173 million litres, boosted by strong global demand.