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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.
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EA expects 20% jump in revenue next year
Business, Yuthana Praiwan, Published on 19/12/2023
» SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, expects its revenue to grow by at least 20% in 2024, mainly thanks to rising demand for EVs in Thailand.
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Gas trader WP sees 7.3% revenue gain in 2024
Business, Yuthana Praiwan, Published on 14/11/2023
» SET-listed WP Energy, Thailand's second-largest liquefied petroleum gas (LPG) trader by sales volume, expects sales growth of 2.5% and revenue growth of 7.3% next year, despite the state's policy of capping domestic LPG prices.
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Producers analyse price cuts
Business, Yuthana Praiwan, Published on 17/10/2023
» Manufacturers are examining how the government's energy price cuts will help their businesses as Thailand Development Research Institute (TDRI) warns about negative long-term impacts from the policy.
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Pilatus Marine expects flat revenue growth
Business, Yuthana Praiwan, Published on 12/10/2023
» SET-listed Pilatus Marine, Thailand's largest liquefied petroleum gas (LPG) transport operator by capacity, expects its 2023 revenue to be on par with last year when it earned 795 million baht, attributed to declining sales, oil prices and freight fees.
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Bangchak intensifies energy logistics push
Business, Yuthana Praiwan, Published on 19/04/2023
» SET-listed energy conglomerate Bangchak Corporation aims to expand its energy logistics business after shareholders approved a plan to take over Esso (Thailand) Plc.
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OR to invest B31.2 billion this year
Yuthana Praiwan, Published on 21/02/2023
» PTT Oil and Retail Business Plc (OR) plans to allocate capital spending worth 31.2 billion baht to fuel businesses in Thailand and overseas, with the largest portion of money going to non-oil businesses.
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Exploring efforts to ease power bills
Business, Yuthana Praiwan, Published on 27/09/2023
» The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.
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Power bills poised to rise 4.6% in early 2022
Business, Yuthana Praiwan, Published on 20/11/2021
» Power bills are set to increase by 4.6% from January to April next year to an average of 3.78 baht per kilowatt hour (unit) as Thailand needs to import costly liquefied natural gas (LNG) for electricity generation, says the Energy Regulatory Commission (ERC).
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Egat eyes power deal with Singapore to offset glut
Business, Yuthana Praiwan, Published on 13/11/2020
» Thailand's energy authority plans to add Singapore to its regional energy grid by 2023, along with Cambodia and Myanmar, said Kulit Sombatsiri, permanent secretary for energy.
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