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BUSINESS

Tasco forecasts 8.3% gain in asphalt sales

Business, Yuthana Praiwan, Published on 19/05/2023

» Tipco Asphalt Plc (Tasco), Thailand's largest asphalt producer, expects its sales to grow by 8.3% this year to 1.3 million tonnes despite a global economic slowdown and possible delay in state spending related to the lengthy process required to set up a new government.

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BUSINESS

PTT expects LNG import surge this year

Yuthana Praiwan, Published on 19/05/2023

» The national oil and gas conglomerate PTT Plc plans to increase liquefied natural gas (LNG) imports to 6 million tonnes this year, up from 3.3 million in 2022, in line with growing demand in the power sector driven by the tourism recovery.

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BUSINESS

WHAUP awarded B2.9bn water supply contracts

Business, Yuthana Praiwan, Published on 18/05/2023

» SET-listed WHA Utilities and Power (WHAUP), which provides utilities under WHA Corp, Thailand's biggest industrial land developer and operator, has secured two contracts worth 2.9 billion baht to supply "premium clarified water" to solar panel and rubber glove manufacturers, in a move to sell more value-added products.

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BUSINESS

Ratch targets major rise in power production capacity

Business, Yuthana Praiwan, Published on 16/05/2023

» SET-listed Ratch Group Plc, Thailand's second-largest private power producer by capacity, expects to increase its power production capacity to 12,460 megawatts by 2030, from 9,801MW at present.

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BUSINESS

IRPC to further commercialise new liquid fertiliser

Business, Yuthana Praiwan, Published on 16/05/2023

» SET-listed IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, is diversifying into agribusiness through the development of a new nutrient fertiliser to increase crop yields and prevent ailing plants from perishing.

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BUSINESS

ABM eyes 20% revenue growth in 2023

Business, Yuthana Praiwan, Published on 13/05/2023

» Asia Biomass Plc (ABM), Thailand's largest biomass fuel producer and trader by volume, expects revenue to grow by 20% this year to more than 3.6 billion baht thanks to its business expansion amid growing concerns over global warming.

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BUSINESS

Cheaper power used to woo voters

Business, Yuthana Praiwan, Published on 08/05/2023

» Costly electricity bills are prompting political parties to pit their energy policies against their rivals in an effort to catch the attention of voters in next week's general election.

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BUSINESS

Power use surges to record high

Business, Yuthana Praiwan, Published on 09/05/2023

» The boiling hot weather in Thailand is causing an upsurge in electricity consumption, leading to a record high of 34,826.5 megawatts on May 6, says the Energy Regulatory Commission (ERC).

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BUSINESS

Dexon to expand overseas using proceeds from IPO

Business, Yuthana Praiwan, Published on 09/05/2023

» Dexon Technology, a Thai company that provides pipeline inspection services, has decided to expand its business into the US and the Netherlands by using proceeds from its recent fundraising scheme.

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BUSINESS

Diesel price set to fall this month

Business, Yuthana Praiwan, Published on 10/05/2023

» The domestic diesel price should decrease by 0.5 baht a litre to around 32 baht on May 15 in response to falling global oil prices, says the Oil Fuel Fund Office (Offo).