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Search Result for “costs”

Showing 1 - 10 of 51

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GENERAL

New PTT CEO to review expansion strategies

Yuthana Praiwan, Published on 14/06/2024

» The new president and CEO of PTT Plc, Kongkrapan Intarajang, says he plans to review the business expansion strategy of the national oil and gas conglomerate to ensure it can take advantage of rapid changes in the global market.

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GENERAL

Egat to launch third floating solar project

Yuthana Praiwan, Published on 14/06/2024

» The Electricity Generating Authority of Thailand (Egat) has announced plans to outsource engineering, procurement and construction firms for the development of a third solar floating project on the Srinagarind Dam reservoir, according to the deputy governor for power plant development and renewable energy.

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GENERAL

Warning over insufficient fossil fuel cuts

Business, Yuthana Praiwan, Published on 14/06/2024

» Gas and coal reduction targets in the revised version of the power development plan (PDP) may be insufficient for the government to achieve carbon neutrality by 2050, say energy firms.

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GENERAL

Thai Oil expects crude price to stabilise

Business, Yuthana Praiwan, Published on 11/06/2024

» Global crude oil prices in the second half of 2024 should be roughly similar to last year as oil supply will increase and geopolitical conflicts in the Middle East are expected to remain simmering, says Thai Oil Plc, the country's largest oil refinery by capacity.

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GENERAL

Applied DB banks on biodegradable bags

Business, Yuthana Praiwan, Published on 07/06/2024

» Biodegradable plastic sales are expected to help loss-ridden Applied DB, a local polyvinyl chloride (PVC) and adhesive maker, improve its business performance as the MAI-listed company starts selling the products this year.

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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.

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

Exports falter, leading to growth cut

Business, Yuthana Praiwan, Published on 09/05/2024

» Thailand's economic outlook for this year appears less optimistic as GDP growth could tally 2.2%, down from the previous projection of 2.8-3.3%, attributed to sluggish exports weighing on the manufacturing sector, according to the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

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GENERAL

Gulf solar farms to enable easier handling of power bills

Business, Yuthana Praiwan, Published on 04/05/2024

» The development of 25 new solar farms is expected to help the government better regulate electricity prices, potentially leading to lower power bills, says Gulf Energy Development Plc, which is building the solar power generation facilities.