Showing 1 - 10 of 67
Thai firms chase LNG deals as worldwide prices decline
Business, Yuthana Praiwan, Published on 10/02/2026
» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.
Gulf Edge, Google Cloud announce AI collaboration
Business, Published on 23/01/2026
» Gulf Edge Co Ltd, the digital infrastructure arm of Gulf Group, and Google Cloud announced an artificial intelligence (AI) collaboration yesterday.
Gulf sees Thailand as data centre, cloud services hub
Business, Yuthana Praiwan, Published on 27/08/2025
» Thailand has the potential to become a hub for data centres and cloud services in Southeast Asia, due partly to the development of more facilities in this sector, says Gulf Development Plc, Thailand’s largest energy company by market value and a telecom operator.
Gulf hits renewable target 5 years early
Business, Yuthana Praiwan, Published on 30/06/2025
» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, has achieved its target to increase its renewable power proportion to 40% of total electricity generation capacity following a recent investment in solar farms.
Gulf prudent about new investment
Business, Yuthana Praiwan, Published on 12/06/2025
» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, is adopting a cautious approach to new investment this year to avoid risks caused by global economic and political uncertainties.
B2bn deal to air Thai football
Business, Komsan Tortermvasana, Published on 11/06/2025
» Gulf Development Plc, in partnership with Advanced Info Service Plc (AIS) and Jasmine International Plc (JAS), has announced a tie-up with the Football Association of Thailand to promote the country's major football leagues.
Rating uplift boosts Gulf's confidence
Business, Yuthana Praiwan, Nuntawun Polkuamdee and Komsan Tortermvasana, Published on 04/04/2025
» Gulf Development Plc (Gulf), recently established through the merger of Gulf Energy Development Plc and Intouch Holdings Plc, expects bright business prospects, thanks to a better credit rating and continual financial support over the next five years.
Gulf Development allots B100bn budget
Business, Yuthana Praiwan, Published on 26/03/2025
» Gulf Development Plc, a new firm established by the merger of Gulf Energy Development Plc and Intouch Holdings Plc, is planning to spend 100 billion baht over the next five years synergising energy and telecom businesses, as well as developing a data centre facility.
Gulf seeking power plant in US
Business, Yuthana Praiwan, Published on 04/02/2025
» SET-listed Gulf Energy Development, Thailand's largest power company by market value, is planning to acquire a new gas-fired power plant in the US, with electricity generation capacity of 1,000 megawatts, to expand its business overseas.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.