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Search Result for “economy”

Showing 1 - 10 of 301

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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

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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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

Gunkul suspends cannabis investment amid confusion

Business, Yuthana Praiwan, Published on 15/05/2024

» SET-listed Gunkul Engineering, a renewable energy developer that diversified into the cannabis and hemp business three years ago, is suspending further investment in cannabis based on its nearly 2-billion-baht budget, pending clarity from the government regarding its policy on the drug.

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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

Diesel subsidy possible if excise tax cut ends

Yuthana Praiwan, Published on 18/04/2024

» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.

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Government gets tough on CO2

Business, Yuthana Praiwan, Published on 02/04/2024

» Thailand is expected to start enforcing a new law outlining measures to reduce carbon dioxide emissions within this year, helping the state and business sectors better deal with climate change, says Rachata Phisitbanakorn, assistant to the natural resources and environment minister.

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GENERAL

FTI chairman race heats up

Business, Yuthana Praiwan, Published on 01/03/2024

» The competition for the chairman post of Federation of Thai Industries (FTI) has intensified as vice-chairman Somphote Ahunai, chief executive of Energy Absolute, a renewable energy and electric vehicle developer, announced his candidacy at the group with more than 15,000 members nationwide.

GENERAL

Nex Point: Weak growth aids sales

Business, Yuthana Praiwan, Published on 28/02/2024

» The projection of slow economic growth in Thailand this year is believed to be good for electric vehicle sales, says Nex Point Plc, a local assembler of commercial EVs.