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Search Result for “air force”

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SUSTAINABILITY

Carbon rules reshape Thai business as CBAM looms

Business, Yuthana Praiwan, Published on 09/02/2026

» The European Union's Carbon Border Adjustment Mechanism (CBAM) is sending ripples of concern throughout global trade, unsettling exporters of certain products while raising broader questions about its long‑term impact on industries not yet covered by the measure.

BUSINESS

Petroleum law changes put on hold

Business, Yuthana Praiwan, Published on 21/01/2026

» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.

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.

BUSINESS

Surge in demand for jet fuel during first 5 months

Business, Yuthana Praiwan, Published on 10/07/2025

» Jet fuel led energy consumption in Thailand from January to May this year, with usage increasing by 12.3% year-on-year over the first five months of 2024, surpassing demand for other fuels in the transport and manufacturing sectors, said the Department of Energy Business.

BUSINESS

Bangchak puts SAF return on investment at 5-7 years

Business, Yuthana Praiwan, Published on 08/04/2025

» Energy conglomerate Bangchak Corporation Plc expects it will be 5-7 years before it generates enough revenue to recoup its investment in sustainable aviation fuel (SAF), though some prospective customers have postponed plans to legally require aircraft operators to use this biofuel.

BUSINESS

Fuel consumption up in line with GDP last year

Business, Yuthana Praiwan, Published on 07/02/2025

» Fuel consumption rose by 2.1% last year to 155.4 million litres per day (MLD), in line with estimated GDP growth of 2.6-2.7%, which was driven by tourism-related businesses, says the Department of Energy Business.

BUSINESS

PTT evaluating prospects for non-oil subsidiary GML

Business, Yuthana Praiwan, Published on 20/01/2025

» National oil and gas conglomerate PTT Plc continues to consider its investment plans in non-oil businesses, including logistics unrelated to petroleum products.

BUSINESS

Power tariff faces trim of 17 satang

Business, Yuthana Praiwan, Published on 17/01/2025

» The Energy Regulatory Commission (ERC) expects to reduce the power tariff by 0.17 baht per kilowatt-hour (unit), leading to cheaper electricity bills, if the government agrees to reduce its spending on a policy to promote investment in renewable energy.

BUSINESS

Bangkok Aviation Fuel Services upbeat on outlook for revenue

Business, Yuthana Praiwan, Published on 03/01/2025

» Bangkok Aviation Fuel Services Plc (BAFS) expects its revenue in 2025 to reach the high level recorded in 2019, driven by growing demand during the high season for tourism this year, says president ML Nathasit Diskul.

BUSINESS

Regulator eyes opinion on new power tariff

Business, Yuthana Praiwan, Published on 09/11/2024

» Businesses and households are being asked to decide whether they want the power tariff, which is used to calculate electricity bills, to remain unchanged or increase by 26-31% early next year, though fuel costs are projected to decrease, says the Energy Regulatory Commission (ERC).