Showing 41 - 50 of 71
Chevron Thailand slims down as low oil prices bite
Asia focus, Nareerat Wiriyapong, Published on 16/05/2016
» Low oil prices have begun to take their toll on petroleum exploration and production (E&P) companies in Asia, with US-based Chevron Corp preparing to cut jobs at its Thai operations as part of the company's global headcount reduction of 4,000 this year.
Steering a prudent course
Asia focus, Nareerat Wiriyapong, Published on 22/02/2016
» Expecting that 2016 will be even harder than last year, Precious Shipping Plc (PSL) is prepared financially with no need for additional fundraising to survive the growing challenges faced by the global shipping industry, its top executive says.
Cash crops a short-term fix, but long-term plan essential
Asia focus, Nareerat Wiriyapong, Published on 25/01/2016
» For the past 30 years, Prasert Thongsiri's daily routine has consisted of walking to his five-rai rubber tree plantation in Songkhla around 1 am and spending the next five hours there tapping latex. He inherited the plantation from his father, who was also a rubber tapper, and has enjoyed a substantial income from it, helping to fund the education of his two children.
Myanmar's tourism challenge
Asia focus, Nareerat Wiriyapong, Published on 21/09/2015
» My latest visit to Myanmar left me with some interesting impressions. The adventure began when we boarded a 70-seater ATR72 aircraft -- the first international flight I'd ever made in a small plane but it proved to be a smooth journey. My first landing at Nay Pyi Daw airport, which was actually my second visit to the capital, also raised eyebrows. The airport's modern look and cleanliness are impressive, while a more traditional scene greeted us in the arrivals hall where local people wearing longyi congregated to welcome international guests and escort them to their hotels.
Cyclical softness
Asia focus, Nareerat Wiriyapong, Published on 07/09/2015
» The sharp fall in global oil prices this year has begun to drag down petrochemical prices and spreads as demand slows in China while new capacity continues to arrive on the market, experts say.
Troubled waters
Asia focus, Nareerat Wiriyapong, Published on 20/04/2015
» The shipping industry is supposed to be one of the beneficiaries of the collapse in global oil price as operators' costs have fallen. As well, the drop on oil prices has triggered a decline in commodity prices, which should stimulate demand for sea transport.
Exploring the options
Asia focus, Nareerat Wiriyapong, Published on 02/03/2015
» As Thailand takes a three-month respite from the noisy debate over oil and gas exploration, all sides involved hope that the time will be used to come up with a system that promotes energy security and is fair to the public and business alike.
Cheap-oil windfall
Asia focus, Nareerat Wiriyapong, Published on 26/01/2015
» Airlines, packaged food and shipping companies are the largest beneficiaries of plunging oil prices as fuel accounts for a significant part of their costs, while the automotive, building materials and chemical sectors will realise moderate gains, according to Moody's Investors Service.
Malee learns from adventures abroad
Asia focus, Nareerat Wiriyapong, Published on 05/01/2015
» Thai-made beverages have been successful in most overseas markets they enter, but occasionally the results can be less than fruitful if the local partner is not a "perfect match" or local regulations impede growth.
Thonburi Hospital inks Myanmar deal
Business, Nareerat Wiriyapong, Published on 24/06/2014
» Thonburi Hospital Group (THG), owned and chaired by property tycoon Boon Vanasin, plans to expand its presence aggressively in Myanmar by investing 5 billion baht over five years to build three hospitals and clinics nationwide.