Sluggish economy tames local oil prices Diesel prices dipped again on Monday to around 32 baht a litre as global crude oil prices are on a decline. Bangkok Post · May 16, 2023
PTT makes foray into wound dressings National oil and gas conglomerate PTT Plc is continuing its journey in the medical equipment industry by jointly developing a wound dressing to help patients recover faster from deep wounds. Bangkok Post · Apr 19, 2023
PTT seeks partners for future energy deals National oil and gas conglomerate PTT Plc is negotiating with more than five companies to form joint ventures, mergers or acquire assets under a plan to further develop new businesses, notably those related to future energy. Bangkok Post · Mar 27, 2023
PTT Oil and Retail to spend $900m on expansion this year Oil and gas retailer PTT Oil and Retail Business Plc on Monday said it plans to invest $900 million this year to expand its local and overseas business. Bangkok Post · Mar 27, 2023
PTT sees EVs as new revenue stream National oil and gas conglomerate PTT Plc is angling towards becoming a new electric vehicle (EV) manufacturer in Thailand as construction of its assembly plant in Chon Buri is scheduled to finish next year. Bangkok Post · Mar 1, 2023
Diesel set to dip to B34.5 per litre The domestic price of diesel is set to decrease to 34.5 baht a litre later this month, down from 34.94 per litre, following a decline in global crude oil prices. Bangkok Post · Feb 2, 2023
Innobic launches two nutritional products Innobic (Asia), the life science arm of national oil and gas conglomerate PTT Plc, continues to team up with university scholars and researchers to grow its food supplement business, launching two new nutritional products. Bangkok Post · Feb 1, 2023
Innobic to market special sauce that 'hides' veggies Innobic (Asia), the life science arm of national oil and gas conglomerate PTT Plc, will commercialise sauce son phak (vegetables hidden in sauce), a new health product developed by researchers at Mahidol University for people who dislike vegetables. Bangkok Post · Jan 25, 2023
Innobic allocates B1bn for investments Innobic (Asia), the life science arm of national oil and gas conglomerate PTT Plc, plans to spend 1 billion baht in capital expenditure this year to support cancer medicine and plant-based protein factory development projects. Bangkok Post · Jan 17, 2023
Shaking up the EV market The entry of more Chinese electric vehicle (EV) producers into the Thai market is not only improving sentiment among buyers as they can choose from a wider variety of models, but it is also testing their brand loyalty. Bangkok Post · Jan 8, 2023
China optimism lifts Asian equities RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland. Bangkok Post · Jan 6, 2023
Innobic profit driven by pharma interests Innobic (Asia), the life science arm of national oil and gas conglomerate PTT Plc, expects to earn first-year profit of more than 100 million baht, driven in particular by its medicine business. Bangkok Post · Jan 3, 2023
Rise of Chinese electric vehicles While sales of electric vehicles (EVs) have been good this year, manufacturers -- most notably Chinese automakers -- have also marked a new chapter for Thailand's auto industry through significant investment projects. Bangkok Post · Dec 26, 2022
Businesses put on notice The recent move by Norway's sovereign wealth fund to drop a Thai energy conglomerate from its portfolio raises questions about the reasons behind the decision but sends a warning to Thai corporates on their overseas investments. Bangkok Post · Dec 25, 2022
Bangkok Post · Dec 25, 2022 Petrol station in Yala hit by bomb YALA: An oil dispenser at a PTT petrol station in Thanto district of this southern border province was severely damaged in a bomb explosion late on Saturday night.
Bangkok Post · Dec 23, 2022 Asian shares follow Wall Street downward RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.
Bangkok Post · Dec 22, 2022 PTT sets out stance on Myanmar after fund exit PTT Group has clarified its stance amid violence in Myanmar, which reportedly led to the withdrawal of an investment fund from its subsidiary PTT Oil and Retail Business Plc (OR), which is operating a petroleum business in the country.
Bangkok Post · Dec 16, 2022 Norwegian fund dumps PTT over rights concerns Norway’s sovereign wealth fund has dropped the Thai energy conglomerate PTT Plc from its portfolio because of concerns that its activities in Myanmar could fund human-rights abuses.
Bangkok Post · Dec 14, 2022 Group maintains LPG prices at 408 baht The Energy Policy Administration Committee (Epac) has decided to continue capping the price of liquefied petroleum gas (LPG), which is used as cooking gas, at 408 baht per 15-kilogramme cylinder until the end of next month in a bid to slow rising living costs.
Bangkok Post · Dec 14, 2022 Price rise for NGV, no increase for LPG The price of natural gas for vehicles (NGV) will rise on Friday, while the cost of LPG for cooking and for vehicles remains frozen for now.
Bangkok Post · Dec 2, 2022 Accelerating Business Solutions: PTT’s new business direction cools climate combustion to zero The unexpected oil crisis emerging from the oil embargo against Russia, the world’s second largest crude oil exporter, has piled pressure on energy prices, supply shortages, and economic recession worldwide. The renewable energy benefits are currently absorbed beyond their actual purposes to build growth of clean energy for a sustainable…
Bangkok Post · Nov 25, 2022 PTT asked for assistance The National Energy Policy Council (NEPC) has resolved to ask national oil and gas conglomerate PTT Plc to allocate 6 billion baht to help the government cap the increasing power tariff, part of efforts to slow the surge in electricity bills.
Bangkok Post · Nov 25, 2022 PTT asked to help subsidise power charges The National Energy Policy Council chaired by the prime minister wants PTT Group to contribute 6 billion baht from its gas separation revenue to help freeze electricity fees for small users from January to April next year, according to the energy minister.
Bangkok Post · Nov 23, 2022 PTT: Oil at $90 in 2023 Global crude oil prices are expected to keep decreasing to US$85-95 a barrel next year when the world economy slows down, according to analysts of national oil and gas conglomerate PTT Plc.
Bangkok Post · Nov 16, 2022 Bomb attacks at 2 petrol stations in South PATTANI: Two petrol stations were damaged by bombs in two districts of this southern border province on Tuesday night, and one employee was injured.