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THAILAND

Power bill cuts on cards after furore

News, Yuthana Praiwan, Published on 21/04/2020

» The cabinet will decide on Tuesday whether to approve additional relief measures for electricity consumers after many households complained bitterly about steep power bills this month as a result of working from home.

BUSINESS

No negative oil prices in Thailand

Business, Yuthana Praiwan, Published on 22/04/2020

» Oil prices in Thailand are unlikely to fall below zero in line with what happened in the US on Monday for the first time in history, as other index prices around the world remain intact.

BUSINESS

PTT capacity cuts of 15-25% in May

Business, Yuthana Praiwan, Published on 23/04/2020

» State-owned oil and gas conglomerate PTT plans to reduce overall petroleum refinery capacity by 15-25% next month, as domestic demand for jet fuel dries up with most flights grounded, while many people are staying home and not driving.

BUSINESS

Ratch developing new Korat gas plant

Business, Yuthana Praiwan, Published on 23/04/2020

» Ratch Group, a private power generation firm with the largest capacity in Thailand, announced a joint venture with PEA Encom International and Navanakorn (NNCL) to develop a gas-fired power plant in Nakhon Ratchasima at a total cost of 2.18 billion baht.

BUSINESS

At-cost power bills get ministry nod

Business, Yuthana Praiwan, Published on 24/04/2020

» The Energy Ministry approved a plan on Thursday to charge mid-sized and large businesses for electricity at cost instead of mandatory minimum pricing from April to June, another relief measure to help shuttered companies with their power bills.

LIFE

Chachoengsao, Honda to test Covid-19 tracking app

Business, Yuthana Praiwan, Published on 28/04/2020

» Chachoengsao province and Honda Automobile (Thailand) Co will begin using a new app to track high-risk areas for Covid-19 in an effort to mitigate the spread of the outbreak.

BUSINESS

Ministry keen to build LNG stockpile while prices low

Business, Yuthana Praiwan, Published on 28/04/2020

» The Energy Ministry has thrown full support behind a plan by state-owned energy firms to import additional liquefied natural gas (LNG) from spot markets, where LNG has hit record low prices, in order to lower energy costs.

BUSINESS

SPCG assigns B2.73bn to Japan 'mega-solar project'

Business, Yuthana Praiwan, Published on 29/04/2020

» SET-listed solar farm operator SPCG Plc says it will invest 2.73 billion baht to develop the Ukujima "mega-solar project" with a total capacity of 480 megawatts in Japan.

BUSINESS

US oil price faces 2nd decrease below zero

Business, Yuthana Praiwan, Published on 29/04/2020

» The US benchmark oil price could fall below zero for a second time this year, signalling that global oil stocks are nearing full capacity, says one expert.

BUSINESS

Ratch cinches funds for gas-fired plant

Business, Yuthana Praiwan, Published on 02/05/2020

» SET-listed Ratch Group, Thailand's largest capacity private power producer, has closed a deal to finance the 92-megawatt gas-fired co-generation Nexif Energy Rayong power plant project for an undisclosed sum.