Showing 1 - 10 of 16
Israel outraged after return of ‘wrong body’
AFP, Published on 21/02/2025
» JERUSALEM - Israeli Prime Minister Benjamin Netanyahu on Friday said he would ensure “Hamas pays the full price” for failing to hand over Israeli mother Shiri Bibas after the militant group released a body Israel said was not hers.
PTT dismisses rumour of 3 units merging
Yuthana Praiwan, Published on 21/02/2025
» PTT Group has denied a rumour its three subsidiaries — PTT Global Chemical Plc, IRPC Plc and Thai Oil Plc — will be merged, but stressed they need to improve their business operations.
Guru's Weekly Buzz: Feb 21-27
Guru, Guru writers, Published on 21/02/2025
» Guru By Bangkok Post's pick of the most exciting products, activities, food and travel to indulge in.
Thai rice farmers demand better support as prices plummet
Reuters, Published on 21/02/2025
» Thai government measures to support rice farmers have failed to meet expectations, with some growers in the world's second-largest rice exporting country vowing protests as they are squeezed between falling prices and rising cultivation costs.
Your horoscope for Feb 21-27
Guru, Chaiyospol Hemwijit, Published on 21/02/2025
» Your spot-on horoscope for work, money and relationship from Guru by the Bangkok Post's famously accurate fortune teller. Let's see how you will fare this week and beyond.
Bangchak Champions Climate Action and Carbon Market Readiness
Published on 21/02/2025
» Bangchak Corporation Public Company Limited is reinforcing climate crisis awareness and promoting carbon footprint assessment tools to drive sustainability across the supply chain. Mrs. Gloyta Nathalang, Senior Executive Vice President, Sustainability Management and Corporate Communications, stressed the urgency of climate action, outlining Bangchak’s commitment to carbon neutrality by 2030 and net-zero greenhouse gas emissions by 2050 under the BCP 316 NET plan.
CK Power reports 10.79bn baht revenue in 2024, eyes growth in 2025
Published on 21/02/2025
» CK Power Plc, one of the region’s largest renewable electricity producers, reported total revenue of 10.79 billion baht for 2024. The company’s EBITDA grew 8% year-on-year to 5.55 billion baht, reflecting strong cash flow stability despite climate challenges and rising interest rates. However, net profit attributable to equity holders declined 8% to 1.35 billion baht, mainly due to a lower share of profit from an associate company and higher finance costs linked to CKPower’s investment in the under-construction Luang Prabang Hydroelectric Power Project.
IMF calls for Thai rate cut to support inflation, ease debt load
Bloomberg, Published on 21/02/2025
» A further reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according to the International Monetary Fund.
Thaioil Showcases 3Cs Strategy for Sustainable Energy Future
Published on 21/02/2025
» Thai Oil Public Company Limited (Thaioil) has unveiled its innovative 3Cs strategy at the FTI EXPO 2025, reinforcing its commitment to driving the energy sector towards sustainability. The event, held from February 12-15, 2025, at Queen Sirikit National Convention Center, Bangkok, welcomed key industry leaders, including the Prime Minister, executives, and employees from PTT Group and Thaioil Group.
BCP and BSRC Announce Business Restructuring
Published on 21/02/2025
» The Board of Directors of Bangchak Sriracha Public Company Limited (BSRC) at its Meeting No. 3/2025 has approved Bangchak Group’s restructuring plan following Bangchak Corporation Public Company Limited (BCP)’s intention to make a tender offer to acquire all securities of BSRC held by minority shareholders, amounting to up to 631,859,702 shares (equivalent to 18.3% of BSRC’s total issued shares), via a share swap with newly issued ordinary shares of BCP. The exchange ratio is set at 1 newly issued ordinary share of BCP per 6.50 BSRC shares. Any fractional shares resulting from the calculation will be disregarded. The total number of newly issued BCP shares under this transaction will not exceed 97,209,185 shares, and there will be no cash payment involved. Additionally, BCP has announced its plan to delist BSRC’s shares from the Stock Exchange of Thailand (SET), with the restructuring expected to be completed within 2025.