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GENERAL

PTT optimistic on growth this year

Business, Yuthana Praiwan, Published on 28/05/2024

» National oil and gas conglomerate PTT Plc remains upbeat regarding the positive business outlook predicted for later this year, although the prices of petrochemicals, one of PTT's key products, are expected to keep falling.

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GENERAL

OR upbeat on prospects for rest of the year

Business, Yuthana Praiwan, Published on 24/05/2024

» PTT Oil and Retail Business Plc (OR) remains optimistic about a better business performance during the remainder of this year, driven by growing tourism despite a drop in revenue for the energy business during the first quarter.

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GENERAL

Various factors hurt Tasco's Q1 earnings

Business, Yuthana Praiwan, Published on 22/05/2024

» The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.

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GENERAL

Duo gears up for hydrogen economy

Business, Yuthana Praiwan, Published on 22/05/2024

» Thailand is preparing to build a hydrogen economy, following efforts by business and the state to push for the development of hydrogen fuel business to promote the use of cleaner energy.

GENERAL

IRPC bullish amid strong demand from overseas

Business, Yuthana Praiwan, Published on 21/05/2024

» IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects its business to improve this year, driven by overseas demand, especially from China, which will help the company move into the black, following two years of losses.

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GENERAL

Dexon to ramp up low season revenue

Business, Yuthana Praiwan, Published on 20/05/2024

» Dexon Technology, a Thai pipeline inspection company, plans to rack up revenue during the low season for power demand in the second half, when companies in the power and industrial sectors tend to slow operations.

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GENERAL

Solar rooftop adopters set to win a tax break

Business, Yuthana Praiwan, Published on 17/05/2024

» A new tax reduction scheme for households that install rooftop solar panels is expected to be finalised by mid-year in an effort to reduce electricity bills and carbon dioxide emissions, says the Department of Alternative Energy Development and Efficiency (DEDE).

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Revised power plan promotes clean alternatives

Business, Yuthana Praiwan, Published on 10/05/2024

» Nuclear energy and hydrogen fuel will be included in the revised version of Thailand's power development plan (PDP), which emphasises more use of clean energy, says the Energy Policy and Planning Office (Eppo).

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GENERAL

Ratch banking on new Indonesia plants

Business, Yuthana Praiwan, Published on 03/05/2024

» SET-listed Ratch Group, the power generation arm of Electricity Generating Authority of Thailand, expects positive business prospects for its coal-fired thermal power plants in Indonesia after acquiring them from Mitsui & Co for US$590 million.

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GENERAL

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.