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Search Result for “high excise tax”

Showing 81 - 90 of 771

BUSINESS

Thai energy transformation becomes laborious slog

Business, Yuthana Praiwan, Published on 26/12/2024

» Energy Minister Pirapan Salirathavibhaga was in the spotlight this year as he pushed ahead with the uphill task of dissolving the Oil Fuel Fund Office (Offo) and developed a costly strategic petroleum reserve to better control oil and liquefied petroleum gas (LPG) prices for Thailand over the long term.

BUSINESS

Thai Oil considers change in contractors

Business, Yuthana Praiwan, Published on 24/12/2024

» Thai Oil Plc, the country's largest oil refinery by capacity, will consider changing the contractors of its new oil refinery under the Clean Fuel Project (CFP) if the ongoing dispute over unpaid wages for construction workers cannot be settled, causing a further delay of the project.

THAILAND

Ministry eyes tweaks to 2024 power plan

News, Yuthana Praiwan, Published on 19/12/2024

» The 2024 power development plan (PDP) may need significant adjustments to develop better ways to manage Thailand's long-term power supply and strengthen the country's fight against global warming, says Prasert Sinsukprasert, permanent secretary of the Energy Ministry.

BUSINESS

Energy demand seen rising in final quarter

Business, Yuthana Praiwan, Published on 17/12/2024

» Energy demand is expected to increase this year, though total consumption dropped for much of 2024 amid slow economic growth, says the Energy Policy and Planning Office (Eppo).

BUSINESS

Prima Marine sees better performance next year

Business, Yuthana Praiwan, Published on 04/12/2024

» SET-listed Prima Marine, a provider of marine transport as well as crude oil and petroleum product storage, expects a better performance next year, driven by long-term charter contracts and a focus on certain industry services.

BUSINESS

Transformer firm TRT upbeat on revenue growth next year

Business, Yuthana Praiwan, Published on 03/12/2024

» SET-listed Tirathai (TRT), a local transformer maker and service provider, is buoyant about maintaining its revenue growth in 2025, though the transformer market is facing a slowdown this year.

BUSINESS

PTT expects uptick next year

Business, Yuthana Praiwan, Published on 03/12/2024

» National oil and gas conglomerate PTT Plc expects a better business performance next year thanks to higher energy demand and an improving Thai economy, though energy prices are likely to decline.

THAILAND

Feeding energy-hungry AI tech advances

News, Yuthana Praiwan, Published on 02/12/2024

» The growing popularity of artificial intelligence (AI) technology as a powerful new tool is raising questions of how the world can supply sufficient energy to resource-hungry AI while countries are shifting to clean energy.

BUSINESS

Bangchak refinery limits budget outlay

Business, Yuthana Praiwan, Published on 23/11/2024

» Bangchak Sriracha Refinery Plc (BSRC), a subsidiary of Bangchak Corporation, is being cautious with budget spending to develop its oil refinery in Chon Buri's Sri Racha district as the refinery business slumps.

BUSINESS

GC exits venture amid competition

Business, Yuthana Praiwan, Published on 22/11/2024

» SET-listed PTT Global Chemical (GC) has decided to withdraw from PTT Asahi Chemical, a petrochemical company that is a joint venture with multinational Japanese chemical company Asahi Kasei Corporation, attributed to tougher competition in Asia.