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Search Result for “interest rate”

Showing 1 - 10 of 44

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BUSINESS

Offo sees slight dip in global oil prices

Business, Yuthana Praiwan, Published on 27/04/2023

» Global oil prices are expected to fall slightly as central banks continue to raise interest rates to tame high inflation, says the Oil Fuel Fund Office (Offo).

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BUSINESS

CKP profits increase by 11.8% to B2.4bn

Business, Yuthana Praiwan, Published on 22/02/2023

» CK Power Plc (CKP), the power generation arm of Ch Karnchang Plc, Thailand's second-largest construction firm, saw its profit increase by 11.8% to a record high of 2.4 billion baht last year, despite a surge in energy prices.

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BUSINESS

Sena to expand rooftop solar solution business

Business, Yuthana Praiwan, Published on 07/09/2022

» SET-listed Sena Development, a Thai property developer, is planning rapid expansion of its rooftop solar solution business as the company taps into growing interest in the environmental, social and governance (ESG) criteria.

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BUSINESS

UBE expects revenue of B10bn by 2025

Business, Yuthana Praiwan, Published on 01/08/2022

» Ubon Bio Ethanol Plc (UBE), a manufacturer of cassava-based products, expects to see 42% growth of revenue to 10 billion baht within 2025 as demand for value-added, processed cassava is growing in the global market.

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BUSINESS

Price drop seen sustaining Oil Fuel Fund

Business, Yuthana Praiwan, Published on 29/07/2022

» The debt-ridden Oil Fuel Fund will return to a healthy state if the global price of crude falls below US$80 per barrel, says an energy expert.

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BUSINESS

Crude prices seen falling this week

Business, Yuthana Praiwan, Published on 26/07/2022

» Global crude oil prices are expected to be on the decline this week, falling to a range of US$98-100 per barrel as global demand for oil decreases amid the prospect of economic contraction, says Thai Oil Plc (TOP), Thailand's largest oil refinery by capacity.

BUSINESS

OR looks to startups, SMEs to raise Ebitda

Business, Yuthana Praiwan, Published on 13/07/2022

» PTT Oil and Retail Business Plc (OR) expects to achieve a target to have earnings before interest, tax, depreciation and amortisation (Ebitda) at a rate of 50% from partnerships with startups and small and medium-sized enterprises (SMEs) within 2030 under an inclusive growth concept.

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BUSINESS

Purchase bolsters UBE's clean energy drive

Business, Yuthana Praiwan, Published on 05/07/2022

» Ubon Bio Ethanol Plc (UBE), a manufacturer of cassava-based products, has bought a floating solar farm in Ubon Ratchathani from Bay Wa RE Solar Pte for 82.4 million baht in a move to grow its clean energy business.

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BUSINESS

Refineries hit back at tax

Business, Yuthana Praiwan, Published on 24/06/2022

» A proposal to temporarily charge a tax on the oil refinery margin appears to be a last-ditch effort by the government to control soaring energy prices, but major refineries question the move aimed at trimming some of their profits.

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BUSINESS

IRPC returns to profit amid oil price hike

Business, Yuthana Praiwan, Published on 11/02/2022

» IRPC Plc, a petrochemical arm of national oil and gas conglomerate PTT Plc, saw its business rebound from a loss of 6.15 billion baht in 2020 to net profit of 14.5 billion baht last year, thanks to the global oil price surge.