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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

New Energy Plus Solutions foresees 66% growth in earnings

Business, Yuthana Praiwan, Published on 19/04/2024

» An older demographic and greater use of electric vehicles (EV) are the driving forces behind the solar power business in Thailand, says New Energy Plus Solutions Co (NEPS), which expects 66% growth in its earnings this year from sales of rooftop solar panels and installation.

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GENERAL

Officials seek rejig of diesel subsidy

Business, Yuthana Praiwan, Published on 30/03/2024

» Energy authorities are planning to ask the government to cap domestic diesel prices without increasing the burden on the dwindling Oil Fuel Fund after the diesel subsidy programme expires on March 31, says the Energy Policy and Planning Office (Eppo).

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GENERAL

SPCG presses ahead with delayed solar farm in EEC

Business, Yuthana Praiwan, Published on 22/03/2024

» SET-listed SPCG, a pioneer in solar farm development, anticipates the smooth development of its much-delayed solar farm project in the Eastern Economic Corridor (EEC), as the construction cost is likely to decrease by 25%.

GENERAL

ABM to restructure after hefty losses

Business, Yuthana Praiwan, Published on 06/03/2024

» Asia Biomass Plc (ABM), Thailand's largest biomass fuel producer and distributor by volume, is struggling to escape a 77-million-baht loss last year by restructuring its business.

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.

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GENERAL

Ministry to 'transform' oil prices

Yuthana Praiwan, Published on 26/02/2024

» The state's previous policy to fix the domestic prices of all types of oil will be brought back into use again to help people better avoid daily oil price fluctuations, according to Energy Minister Pirapan Salirathavibhaga's recent interview with a television programme.

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GENERAL

State energy firms keen on alternative fuels

Business, Yuthana Praiwan, Published on 20/02/2024

» More state-run energy firms are eager to try alternative fuels to support the campaign against climate change, with the Electricity Generating Authority of Thailand (Egat) becoming the latest agency, aiming to replace coal with wood pellets to fuel its power plant.

GENERAL

Egco expects Yunlin wind farm to be ready by Q4

Business, Yuthana Praiwan, Published on 14/02/2024

» The developers of the much-delayed Yunlin offshore wind farm project in Taiwan aim to complete its construction within the end of this year, says Electricity Generating Plc (Egco), a major shareholder.

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MOTORING

Green push set to boost Nex Point sales

Business, Yuthana Praiwan, Published on 26/01/2024

» SET-listed Nex Point, a local assembler of commercial electric vehicles (EVs), expects its sales to reach 5,556 units in 2024 thanks to higher demand from transport and logistics operators.