Showing 1 - 10 of 101
Thailand Advances Carbon Tax Awareness with Strategic Partnership
Published on 03/02/2025
» The Ministry of Finance, through the Excise Department, has partnered with the Faculty of Economics at Chulalongkorn University, PTT Oil and Retail Business Public Company Limited (PTTOR), and Bangchak Corporation Public Company Limited to drive awareness of carbon taxation and encourage sustainable energy practices. A memorandum of understanding (MOU) was signed on 3 February 2025 at PTT and Bangchak service stations on Vibhavadi Rangsit Road to kickstart this initiative.
Topical topics in 2024
Business, Post Reporters, Published on 24/12/2024
» As 2024 approaches its close, many stories that created headlines this year remain unresolved, leaving concerns, hopes and doubts among both the government and business community.
Global Oil Prices Drop Amid Economic and Geopolitical Pressures
Published on 12/12/2024
» Crude Oil Market Overview
Thaioil Unveils 2025 Strategy, Prioritises Clean Fuel Project
Published on 22/11/2024
» Thai Oil Public Company Limited (Thaioil) has revealed its 2025 business strategy, focusing on sustainable growth despite anticipated challenges in both domestic and international energy and petrochemical markets. Thaioil remains confident in its long-term growth potential and opportunities, particularly through the expedited management of the Clean Fuel Project (CFP), which will serve as a crucial foundation for strengthening the company and ensuring national energy security.
PTT Reports Profit and Focuses on Sustainable Growth
Published on 22/08/2024
» PTT Public Company Limited reported a net profit of 64.437 billion baht for the first half of 2024, reaffirming its commitment to becoming a globally sustainable organisation. The revenue was derived 92% from its Hydrocarbon business and 8% from Non-Hydrocarbon sectors. The company’s board approved an interim dividend payment of 0.80 baht per share for H1 2024. Including tax contributions from PTT and its subsidiaries, PTT has returned a total of 35.684 billion baht to the government, supporting Thailand’s social and economic development. Additionally, PTT has helped alleviate the public burden caused by the energy price crisis since 2020 by reducing living costs.
PTTEP Reports Strong H1 Performance and Dividend Payout
Published on 06/08/2024
» PTTEP announced its operational performance and key achievements for the first half of 2024, highlighting its strategic investment expansion in the Middle East to increase the company’s petroleum proved reserves. The Board of Directors has approved an interim dividend payment of THB 4.50 per share, while the company contributed over THB 30,170 million in royalties and tax to support national development.
Amid global risks, investment themes for Thailand
Published on 24/02/2024
» The global economic and investment landscape at the beginning of 2024 bears some similarities to the start of last year. Stock markets that are performing well -- Japan, the US and Europe, as well as India -- have advanced in the range of 3-15%, while emerging markets such as Thailand, Hong Kong and China have shrunk by 2-5%.
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.
Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
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.