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Search Result for “global economy”

Showing 1 - 10 of 938

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BUSINESS

Demand shifts result in national oil plan rejig

Business, Yuthana Praiwan, Published on 17/12/2025

» The new national oil plan (NOP), which maps out long-term oil usage for the country, is expected to have several revisions as a result of projected shifts in global oil demand, the popularity of electric vehicles (EVs) and data centres, says the Department of Energy Business (DOEB).

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BUSINESS

Innobic buys Alvogen Pharma

Business, Yuthana Praiwan, Published on 08/12/2025

» Innobic (Asia), the life science arm of energy giant PTT Plc, is moving into the world's largest pharmaceutical market after securing a foothold in the US through the acquisition of Alvogen Pharma US Inc.

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BUSINESS

Andaman oil to lure global investors

Business, Yuthana Praiwan, Published on 06/12/2025

» Thailand's oil and gas exploration and production scheme in the Andaman Sea is expected to draw leading international petroleum investors within two years, according to the Department of Mineral Fuels (DMF).

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BUSINESS

Electricity prices likely to dip early next year

Business, Yuthana Praiwan, Published on 02/12/2025

» Electricity prices are set to become slightly cheaper early next year as the Energy Regulatory Commission (ERC) resolved to reduce the power tariff by 0.06 baht per kilowatt-hour (unit) to 3.88 baht a unit, thanks to a projection of lower gas prices.

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BUSINESS

New net-zero target sparks policy rethink

Business, Yuthana Praiwan, Published on 01/12/2025

» Thailand aims to achieve net zero by 2050, 15 years earlier than previously planned, but reaching that goal will require major changes in the country's energy landscape, with the power sector at the heart of the transition.

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BUSINESS

Oil auction winners to be announced next month

Business, Yuthana Praiwan, Published on 25/11/2025

» Energy officials plan to announce the winners of the country's 25th onshore petroleum auction next month, a move meant to increase reserves and strengthen long-term economic growth.

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BUSINESS

PTT Oil and Retail Business to start building hotels in petrol stations next year

Business, Yuthana Praiwan, Published on 24/11/2025

» PTT Oil and Retail Business Plc (OR), the oil trading arm of PTT Plc, will finalise its long-delayed budget hotel investment project next month, according to Wilaiwan Kanjanakanti, senior executive vice-president for finance and chief financial officer.

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BUSINESS

Powering up thriving data centres

Business, Yuthana Praiwan, Published on 15/11/2025

» Among the energy projects aligned with the state's "Quick Big Win" policy is a direct power purchase agreement (PPA) scheme scheduled to take effect as soon as January 2026.

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BUSINESS

Energy Regulatory Commission seeking public opinion on upcoming electricity tariff

Business, Yuthana Praiwan, Published on 11/11/2025

» The Energy Regulatory Commission (ERC) is seeking public input on whether to maintain the current electricity tariff at 3.94 baht per kilowatt-hour or raise it to 4.58 baht, with the new rate set to take effect from January to February 2026.

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BUSINESS

Energy minister focuses on future

Business, Yuthana Praiwan, Published on 10/11/2025

» Not all projects fit the government's promoted "Quick Big Win" policy, but that is not stopping Energy Minister Auttapol Rerkpiboon from acting on efforts he sees as useful.