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BUSINESS

PTT to sell stake in Taiwan pharmaceuticals firm

Business, Yuthana Praiwan, Published on 25/07/2025

» National oil and gas conglomerate PTT Plc has decided to adjust its investment in the life science business by selling a small portion of the shares it holds in Taiwan-based Lotus Pharmaceutical to boost financial flexibility.

BUSINESS

WP Energy ramps up Thai solar panel distribution

Business, Yuthana Praiwan, Published on 24/07/2025

» WP Energy, Thailand's second-largest liquefied petroleum gas (LPG) trader, is using a new environmental, social and governance (ESG) project to pave the way for its plan to scale up its solar power business.

BUSINESS

Gulf acquires hydropower project in Laos for $128m

Yuthana Praiwan, Published on 23/07/2025

» SET-listed Gulf Development, a telecom operator and Thailand’s largest energy company by market value, has purchased the entire shareholding of the Pak Lay hydropower project in Laos for US$128 million to boost its renewable power generation and revenue by supplying electricity to Thailand.

BUSINESS

Susco, Asia Green Energy bullish on EV industry

Business, Yuthana Praiwan, Published on 23/07/2025

» An oil retailer and a coal trading firm are expecting to rack up significant revenue from their newly-developed electric vehicle (EV) businesses, which are said to be increasingly disrupting sales of fossil fuels.

BUSINESS

Commission to maintain current power tariff

Business, Yuthana Praiwan, Published on 18/07/2025

» Electricity bills during the last four months of this year will not be further reduced as the Energy Regulatory Commission (ERC) has decided to maintain the current power tariff despite positive factors that could lead to a lower rate.

BUSINESS

5 firms compete for oil licences

Business, Yuthana Praiwan, Published on 18/07/2025

» Five Thai and foreign energy firms are vying for licences on new onshore petroleum exploration and production projects, part of the state's latest efforts to boost the economy, says the Department of Mineral Fuels.

BUSINESS

Biofuel for ships yields promise

Business, Yuthana Praiwan, Published on 17/07/2025

» Major energy companies are interested in launching biofuel for ships as demand for this cleaner fuel is expected to rise, following a requirement issued by the International Maritime Organisation (IMO).

BUSINESS

Gulf acquires renewable power projects for B1.1bn

Business, Yuthana Praiwan, Published on 16/07/2025

» SET-listed Gulf Development, Thailand's largest energy company by market value, is continuing to boost its renewable power generation capacity by spending 1.1 billion baht to acquire waste-to-energy power plants and refuse-derived fuel production projects held by two companies.

BUSINESS

Authorities consider adjusting diesel ceiling price

Business, Yuthana Praiwan, Published on 15/07/2025

» Energy authorities are considering adjusting the ceiling price of diesel at the pump, which has remained unchanged for years despite changes in economic circumstances, says the Oil Fuel Fund Office (Offo).

BUSINESS

Thailand set to finally embrace nuclear power

Business, Yuthana Praiwan, Published on 14/07/2025

» A proposal to install small modular reactors (SMRs) in Thailand looks set to gain momentum amid corporate interest in using the technology to ensure stable power supplies and support the national plan to reduce dependence on fossil fuels.