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BUSINESS

Oil Fuel Fund set to be replenished next month

Business, Yuthana Praiwan, Published on 24/03/2022

» The Oil Fuel Fund Office (Offo) expects to obtain the first portion of loans as part of a total of 20 billion baht from commercial banks next month as its fund, used to subsidise energy prices, is nearly empty.

BUSINESS

BBGI upbeat on prospects following SET listing

Business, Yuthana Praiwan, Published on 18/03/2022

» BBGI Plc, the biotechnology arm of Bangchak Corporation Plc, remains confident about its business expansion plan, supported by ongoing fundraising under the company's initial public offering (IPO) programme that began yesterday.

BUSINESS

Laos power plant deals in the pipeline

Business, Yuthana Praiwan, Published on 15/03/2022

» Developers and operators of four hydroelectric power plants in Laos will sign power purchase agreements with energy policymakers in Laos and Thailand within May under a plan to promote more renewable energy.

BUSINESS

Cleaning the economy

Business, Yuthana Praiwan, Published on 28/02/2022

» Bringing the economy back on track for normal growth is necessary, but may be insufficient if the government does not direct growth in a cleaner manner.

BUSINESS

PTTGC to phase out polymer output

Business, Yuthana Praiwan, Published on 18/02/2022

» PTT Global Chemical (PTTGC) expects to phase out its production of polymers used for making single-use plastic bags this year as it is committed to more environmentally friendly manufacturing.

BUSINESS

PTT believes oil price unlikely to hit $100 a barrel

Business, Yuthana Praiwan, Published on 27/01/2022

» Soaring global oil prices are not expected to exceed US$100 per barrel despite worries over supply disruptions caused by conflicts in exporting countries, says national oil and gas conglomerate PTT Plc.

BUSINESS

PTC readies IPO amid rail expansion plan

Business, Yuthana Praiwan, Published on 20/01/2022

» Premier Tank Corporation Plc (PTC) is preparing to be the first fuel tank storage provider in Thailand to raise funds on the Market for Alternative Investment (MAI).

BUSINESS

Solar startup estimates capacity to treble this year

Business, Yuthana Praiwan, Published on 19/01/2022

» Growing demand for solar energy from households and businesses as a result of new lifestyles transformed by the pandemic is expected to help energy startup Ion Energy Co expand its rooftop solar panel installation capacity from 5 to 15 megawatts this year.

BUSINESS

State mulls reducing diesel excise tax

Business, Yuthana Praiwan, Published on 15/01/2022

» The government's struggle in dealing with the higher cost of living may cause authorities to consider reducing the excise tax on diesel to keep its price below 30 baht a litre, says an Energy Ministry official.

BUSINESS

Nam Tai stake gets BCPG into cross-border business

Business, Yuthana Praiwan, Published on 13/01/2022

» BCPG Plc, the power generation arm of energy conglomerate Bangchak Corporation Plc, has ventured into the cross-border transmission line business to support its overseas electricity sales, following an acquisition of US$32 million (1.07 billion baht) worth of shares in Laos-based Nam Tai Power Sole Co (Nam Tai).