Showing 21 - 30 of 2,173
IRPC, JPP team up for local EV venture
Business, Yuthana Praiwan, Published on 07/03/2020
» IRPC, the petrochemical subsidiary of state-owned PTT, has partnered with Japan Polypropylene Corporation (JPP) to set up an electric vehicle (EV) business in Thailand.
PTT urges oil reserve cut as prices collapse
Business, Yuthana Praiwan, Published on 10/03/2020
» In response to plunging oil prices, state-owned energy firm PTT Plc is urging policymakers to take action to cut the nation's crude oil reserve in half as prices dip below US$30 a barrel.
BGC uses M&A to beef up glass value chain
Business, Yuthana Praiwan, Published on 11/03/2020
» BG Container Glass (BGC), Thailand's largest glass container packaging manufacturer by capacity, has allocated 3 billion baht to acquire three firms in the glass container packaging chain and another three renewable energy firms.
Offo tries to calm sellers as oil prices sink
Business, Yuthana Praiwan, Published on 12/03/2020
» The Oil Fuel Fund Office (Offo) says low global oil prices will be a temporary condition, as officials seek to assuage domestic energy firms already reeling from a sharp drop in demand as a result of the coronavirus crisis.
B.Grimm Power eyes several M&A deals
Business, Yuthana Praiwan, Published on 12/03/2020
» SET-listed B.Grimm Power Plc has nearly closed several merger and acquisition deals for small power producer (SPP) assets, according to its president and chief executive, Preeyanart Soontornwata.
Ft rate held steady while economy reels
Business, Yuthana Praiwan, Published on 13/03/2020
» The Energy Regulatory Commission (ERC) announced on Thursday it will maintain the fuel tariff (Ft) rate at 3.64 baht per kilowatt-hour for May to August, keeping the rate stable for 20 months, to protect the struggling economy.
Outbreak pauses Energy for All plan
Business, Yuthana Praiwan, Published on 14/03/2020
» The Energy Ministry announced yesterday that it would delay the operation date of community-owned renewable power plants under the Energy for All scheme until mid-2021 because of the coronavirus outbreak.
Fuel retailers try to plug Q1 bleeding
Business, Yuthana Praiwan, Published on 16/03/2020
» Local fuel retailers are attempting to cut operating costs to cope with a sharp fall in demand as the coronavirus pandemic shuts down global air and road travel.
PTG earmarks B5bn for pumps, expansion
Business, Yuthana Praiwan, Published on 17/03/2020
» SET-listed PTG Energy Plc (PTG), the owner of the PT oil pump brand, says it will allocate 5 billion baht to further expand into non-oil businesses and upgrade existing facilities.
B.Grimm acquires major stake in Angthong Power
Business, Yuthana Praiwan, Published on 18/03/2020
» B.Grimm Power Plc has acquired a 70% stake in Angthong Power Co, a gas-fired power plant under the small power producer scheme, for 2.52 billion baht.