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BUSINESS

The struggle in harnessing power prices

Business, Yuthana Praiwan, Published on 25/01/2023

» Following protests from the business community, the Energy Regulatory Commission (ERC) reduced its planned hike to the power tariff for companies to 13%, down from 20.5%, but entrepreneurs say they cannot maintain product prices at these rates.

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BUSINESS

PTTEP hopes to access Erawan next month

Business, Yuthana Praiwan, Published on 17/12/2021

» PTT Exploration and Production Plc (PTTEP) expects to be able to enter the disputed Erawan gas field in January next year, assuming months-long talks on site access can be concluded within December.

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BUSINESS

Clearing the air

Asia focus, Published on 03/08/2020

» The months-long Covid-19 pandemic has taken a terrible toll on economies and the wellbeing of people worldwide, but it's certainly not the only threat humanity faces.

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BUSINESS

Stocks climb as prospects for fed rate hike recede

Business, Published on 06/06/2016

» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.

BUSINESS

Smooth sailing for Mermaid in offshore oil business

Business, ShareInvestor, Published on 07/11/2014

» Mermaid Maritime Plc, a provider of subsea and drilling services for the offshore oil and gas industry, is a subsidiary of Thailand-based shipping group Thoresen Thai Agencies Plc (TTA). Mermaid has been listed on the Singapore Exchange since 2007. Chalermchai Mahagitsiri, executive vice-chairman and chief executive, discusses his company's strategy and outlook.