Showing 1 - 10 of 429
Firms call for greater EV incentives
Business, Yuthana Praiwan, Published on 17/04/2025
» The state tax exemption for companies buying commercial electric vehicles should promote EV usage, but more measures are needed to speed up the transition to eco-friendly vehicles, say companies in the sector.
EA targets energy sales to lift revenue
Business, Yuthana Praiwan, Published on 31/03/2025
» Energy Absolute Plc (EA), a renewable energy firm and electric vehicle (EV) developer, plans to increase its revenue this year by focusing on energy sales, while restructuring its unprofitable EV business.
Sharge shrugs off EV slump with 7% growth forecast
Business, Yuthana Praiwan, Published on 20/03/2025
» Sharge Management Co, a provider of charging systems for battery-powered vehicles, expects its revenue to grow by 7% this year despite a decline in new electric vehicle (EV) registrations in 2024.
Fuel consumption climbs 2.8% in January
Business, Yuthana Praiwan, Published on 19/03/2025
» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.
Ratch allots B15bn for capacity
Business, Yuthana Praiwan, Published on 15/03/2025
» SET-listed Ratch Group, the power generation arm of Electricity Generating Authority of Thailand, is funnelling 15 billion baht into power generation capacity expansion this year, steering away from new investment in non-power businesses.
PSP revenue set to rise 15% as lubricant sales boom
Business, Yuthana Praiwan, Published on 11/03/2025
» SET-listed PSP Specialties, a Thai lubricant manufacturer, expects its revenue to increase by 15% this year as sales will be boosted via overseas market expansion and new products offered to data centres and cloud businesses.
BAFS fuel sales to rise 8% this year
Business, Yuthana Praiwan, Published on 08/03/2025
» SET-listed Bangkok Aviation Fuel Services (BAFS) expects its fuel sales to increase by 8% this year to 5.4 billion litres, driven by growing tourism and better airport facilities.
Banpu revs up shift away from coal
Business, Yuthana Praiwan, Published on 06/03/2025
» Energy conglomerate Banpu Plc continues to reduce investments in coal, aiming to cut its share of earnings to less than half of total revenue in a shift towards sustainable energy development.
IRPC realistic on glum prospects for petrochemical sector
Business, Yuthana Praiwan, Published on 05/03/2025
» Another challenging year awaits the petrochemical industry as it continues to deal with a supply glut, while a hotter trade war between the US and China could impact the sector, says IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.
Innopower looks to small entrepreneurs to grow
Business, Yuthana Praiwan, Published on 28/02/2025
» Innopower Co, an energy solution provider, has decided to scale up its business to serve small entrepreneurs after scrapping a plan to build an electric vehicle (EV) factory.