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Search Result for “high excise tax”

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BUSINESS

Bangchak eyes delisting of BSRC unit

Business, Yuthana Praiwan, Published on 11/04/2025

» SET-listed Bangchak Corporation (BCP), an energy conglomerate, is working on a plan to delist its subsidiary Bangchak Sriracha Plc (BSRC), formerly Esso Thailand, from the stock market this year, as part of a business restructuring plan.

BUSINESS

Quake caused only minor energy glitches

Business, Yuthana Praiwan, Published on 02/04/2025

» Electricity generation faced some technical glitches during the March 28 earthquake, but operators managed to keep power transmission uninterrupted, surviving what could be a real test for the nation's power security, says the Energy Regulatory Commission (ERC).

BUSINESS

Sharge shrugs off EV slump with 7% growth forecast

Business, Yuthana Praiwan, Published on 20/03/2025

» Sharge Management Co, a provider of charging systems for battery-powered vehicles, expects its revenue to grow by 7% this year despite a decline in new electric vehicle (EV) registrations in 2024.

BUSINESS

Fuel consumption climbs 2.8% in January

Business, Yuthana Praiwan, Published on 19/03/2025

» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.

BUSINESS

Super eyes pacts to up capacity

Business, Yuthana Praiwan, Published on 18/03/2025

» Thai renewable energy developer Super Energy Corporation Plc is keen on partnering with companies to increase electricity generation capacity to serve growing demand for clean energy in Southeast Asia.

BUSINESS

BAFS fuel sales to rise 8% this year

Business, Yuthana Praiwan, Published on 08/03/2025

» SET-listed Bangkok Aviation Fuel Services (BAFS) expects its fuel sales to increase by 8% this year to 5.4 billion litres, driven by growing tourism and better airport facilities.

BUSINESS

Oil auctions herald new Thai supplies

Business, Yuthana Praiwan, Published on 07/03/2025

» Authorities are hopeful for the development of nine new petroleum fields to increase long-term energy supply in Thailand, following an official invitation for investors to apply for an auction for onshore petroleum exploration and production licences.

BUSINESS

Banpu revs up shift away from coal

Business, Yuthana Praiwan, Published on 06/03/2025

» Energy conglomerate Banpu Plc continues to reduce investments in coal, aiming to cut its share of earnings to less than half of total revenue in a shift towards sustainable energy development.

BUSINESS

IRPC realistic on glum prospects for petrochemical sector

Business, Yuthana Praiwan, Published on 05/03/2025

» Another challenging year awaits the petrochemical industry as it continues to deal with a supply glut, while a hotter trade war between the US and China could impact the sector, says IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.

BUSINESS

Oil prices to fall amid calmer Middle East

Business, Yuthana Praiwan, Published on 04/03/2025

» Global prices of crude oil, together with prices of key oil and petrochemical products, are likely to fall in the first quarter and throughout the first half amid fewer geopolitical conflicts in the Middle East, says Thai Oil Plc, Thailand's largest oil refinery by volume.