Showing 1 - 10 of 17
Asian shares slide, SET falls on weak GDP data
Business, Nuntawun Polkuamdee, Published on 18/02/2023
» RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.
PTTEP sees 2023 sales at new high
Business, Yuthana Praiwan, Published on 08/02/2023
» PTT Exploration and Production Plc (PTTEP) expects its sales of oil and gas this year to reach a new high of 470 kilo barrels of oil equivalent per day (KBOED), driven by gas supply from the Erawan field in the Gulf of Thailand.
Rates, oil and Ukraine keep investors guessing
Business, Nuntawun Polkuamdee and Pornkamon Teerapiboonkun, Published on 19/03/2022
» Recap: Global stock markets were muted yesterday as investors digested rising interest rates, a new upturn in oil prices and results from peace talks between Russia and Ukraine.
Fuel tariff freeze demanded as oil prices imperil economy
Business, Lamonphet Apisitniran, Published on 04/03/2022
» Executives at the Federation of Thai Industries (FTI) want the government to freeze the fuel tariff (Ft) on power bills and maintain retail gas prices to ease the impact of soaring global oil prices on economic activities and the cost of living.
Inflation worries take steam out of shares
Business, Nuntawun Polkuamdee and Pornkamon Teerapiboonkun, Published on 12/02/2022
» Recap: Global stocks extended declines on Friday as hotter-than-expected consumer prices raised fears the US Federal Reserve will lift interest rates faster to fight inflation.
PTTEP mulls Myanmar after partners pull out
Business, Yuthana Praiwan, Published on 11/02/2022
» PTT Exploration and Production Plc (PTTEP) plans to announce next month its move after the withdrawal of its partners -- Total Energies and Chevron Corp -- from the Yadana gas production project in Myanmar.
Fed signals send shares on a bumpy ride
Business, Nuntawun Polkuamdee and Pornkamon Teerapiboonkun, Published on 29/01/2022
» Recap: Global markets were mixed yesterday after being whipsawed throughout the week as investors reacted to Federal Reserve signals pointing to aggressive monetary tightening, while US GDP data showed surprisingly strong growth in the fourth quarter despite the spread of Omicron.
Cheaper power bills on the cards as fuel tariff to be cut
Business, Yuthana Praiwan, Published on 10/01/2022
» Homeowners may see cheaper electricity bills in May as the National Energy Policy Council (NEPC) has approved spending 13 billion baht from gas sales contracts in Myanmar to reduce the fuel tariff (Ft).
Energy minister orders safety review of oil, gas pipelines
Business, Yuthana Praiwan, Published on 31/10/2020
» Energy Minister Supattanapong Punmeechaow has instructed officials to conduct a safety review of the nationwide oil and gas pipeline network, following growing concerns by state officials and civic groups over a recurrence of the deadly gas pipe explosion last Friday.
PTT to maintain gas output
Business, Yuthana Praiwan, Published on 31/03/2020
» Energy policymakers have ordered national oil and gas conglomerate PTT Plc to continue gas production in Myanmar during the Songkran holiday to avoid an electricity interruption from surging demand from home workers.