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Search Result for “high excise tax”

Showing 21 - 30 of 771

BUSINESS

Bangchak unit investing B2bn in bio-LNG venture

Yuthana Praiwan, Published on 02/09/2025

» A plan to turn wastewater into bio-liquefied natural gas (bio-LNG), a new fuel for power generation, is expected to be finalised in two years under a 2-billion-baht budget allocated by BBGI, the biotechnology arm of the Thai energy conglomerate Bangchak Corporation.

BUSINESS

Suppliers keen to serve power-hungry data centres

Business, Yuthana Praiwan, Published on 28/08/2025

» The rapid growth of data centre businesses globally is presenting a new opportunity for power companies, with Global Power Synergy Plc (GPSC) planning to sell electricity and steam to data centre operators in Thailand and India.

BUSINESS

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.

BUSINESS

PSP Specialties anticipates prospects for sales growth

Business, Yuthana Praiwan, Published on 27/08/2025

» Thailand's engine oil exports continue to experience significant growth despite the US reciprocal tariff policy, thanks to demand from China and Southeast Asia, says Thai lubricant manufacturer PSP Specialties Plc.

BUSINESS

Thai steel firm brushes off effect of US tariffs on export prices

Business, Yuthana Praiwan, Published on 20/08/2025

» SET-listed Sahamitr Pressure Container (SMPC), Thailand's largest manufacturer of steel cylinders by capacity, believes its exports to the US will remain competitive with rivals despite the enforcement of 19% reciprocal tariffs on Thai products.

BUSINESS

Clean energy dearth dents foreign interest

Business, Yuthana Praiwan, Published on 13/08/2025

» Ongoing political instability may slow Thai economic growth, but a larger hindrance is in the energy sector, as Thailand risks losing 1 trillion baht in foreign investment opportunities if the government does not step up efforts to facilitate renewable power usage, according to Thailand Development Research Institute (TDRI).

BUSINESS

GC eager to expand its biorefinery

Business, Yuthana Praiwan, Published on 28/07/2025

» PTT Global Chemical Plc (GC), the petrochemical arm of PTT Plc, is looking ahead to its biorefinery expansion to serve growing demand for green products, notably sustainable aviation fuel (SAF).

BUSINESS

PTT to sell stake in Taiwan pharmaceuticals firm

Business, Yuthana Praiwan, Published on 25/07/2025

» National oil and gas conglomerate PTT Plc has decided to adjust its investment in the life science business by selling a small portion of the shares it holds in Taiwan-based Lotus Pharmaceutical to boost financial flexibility.

BUSINESS

Susco, Asia Green Energy bullish on EV industry

Business, Yuthana Praiwan, Published on 23/07/2025

» An oil retailer and a coal trading firm are expecting to rack up significant revenue from their newly-developed electric vehicle (EV) businesses, which are said to be increasingly disrupting sales of fossil fuels.

BUSINESS

Commission to maintain current power tariff

Business, Yuthana Praiwan, Published on 18/07/2025

» Electricity bills during the last four months of this year will not be further reduced as the Energy Regulatory Commission (ERC) has decided to maintain the current power tariff despite positive factors that could lead to a lower rate.