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BUSINESS

BCPG cuts capital spending for 2020

Business, Yuthana Praiwan, Published on 05/06/2020

» SET-listed BCPG, a renewable power generation arm under Bangchak Corporation, has cut capital expenditures for this year to between 8-15 billion baht, says president and chief executive Bundit Sapianchai.

BUSINESS

SGP reports sales rebound to normal

Business, Yuthana Praiwan, Published on 05/06/2020

» SET-listed Siam Gas and Petrochemical (SGP), Thailand's second largest liquefied petroleum gas (LPG) producer by sales volume, is confident it can still reach its target sales growth of 5-6% despite the drop in demand resulting from the pandemic.

BUSINESS

GEP readies stock listing to fund growth

Business, Yuthana Praiwan, Published on 06/06/2020

» Green Earth Power Thailand Co (GEP), a developer of the largest solar farm in Myanmar, is preparing to list on the Stock Exchange of Thailand to raise funds to expand its solar energy empire.

BUSINESS

Planting the seeds of profit growth

Business, Yuthana Praiwan, Published on 06/06/2020

» When you're in the business of plastics, petrochemicals and synthetic materials, a bit of nature may be needed to bring balance.

BUSINESS

Energy for All scheme to open at end of the month

Business, Yuthana Praiwan, Published on 08/06/2020

» Community-owned power projects from renewable sources, known as Energy for All, will open for interested parties for co-investment by the end of this month after a months-long delay.

BUSINESS

EPG expects fiscal year revenue drop by 10%

Business, Yuthana Praiwan, Published on 09/06/2020

» SET-listed Eastern Polymer Group Plc (EPG), Thailand's leading plastic moulder, estimates its revenue will drop by 10% to 9 billion baht in the 2020-2021 fiscal year because of lockdowns that led to travel restrictions worldwide.

BUSINESS

GPSC readies application to join LNG trade

Business, Yuthana Praiwan, Published on 10/06/2020

» Global Power Synergy Plc (GPSC), the power generation arm of PTT Plc, is planning to become the sixth Thai company to apply for a licence to import liquefied natural gas (LNG), currently trading at low prices in the spot market.

BUSINESS

MEA, PEA gutted by subsidies

Business, Yuthana Praiwan, Published on 11/06/2020

» Three state-run power generation and distribution agencies are struggling to remain liquid after extensive spending to subsidise power bills from March to June.

BUSINESS

TPCH preps for renewable plant licences

Business, Yuthana Praiwan, Published on 12/06/2020

» MAI-listed TPC Power Holding (TPCH), a business arm of engineering and construction service provider Thai Poly Cons (TPC), is planning to bid for more licences to run environmentally friendly power plants during the next three years.

BUSINESS

BCP expects to see 10% oil sales drop

Business, Yuthana Praiwan, Published on 12/06/2020

» Mostly state-owned energy firm Bangchak Corporation Plc (BCP) estimates its oil sales will decrease by 10% this year because of air travel restrictions, work-from-home measures and business shutdowns over the past three months.