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Wed, October 25, 2006 : Last updated 20:29 pm (Thai local time)



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Home > Business > Late News :PTT and Shell cut fuel prices





Late News :PTT and Shell cut fuel prices

PTT Plc and Shell (Thailand) announced that both companies would reduce the price of all of their fuel products by 30 satang per litre, due to recent decreases in costs.

The new prices will take effect at 5am today.

Gasohol 95 will sell at Bt23.79 per litre, petrol 91 at Bt24.49, petrol 95 at Bt25.29 and diesel at Bt23.84 a litre.

New directors tapped for Egat

The Cabinet yesterday scrapped the old board of directors at the Electricity Generating Authority of Thailand and appointed new ones.

The new board will be chaired by Pornchai Rujiprapha, permanent secretary of the Energy Ministry. Other directors include the permanent secretaries of the Interior and Foreign Affairs ministries, labour scholar

Lae Dilokwithayarat, former Egat governor Withaya Kocharak, and representatives from the Natural Resources and Environment Ministry and the National Economic and Social Development Board.

The appointments took effect from yesterday.

The Egat board had originally scheduled a meeting for this Friday to consider an early-retirement package and the establishment of Egat International Co Ltd, among other issues. But given the change, he meeting will be rescheduled.

DHL forms a new partnership

DHL, a freight express and logistics company, is forming a strategic partnership with Polar Air Cargo Worldwide Inc, a wholly owned unit of Atlas Air Worldwide Holdings Inc, a provider of global air cargo services.

The partnership aims

to boost service to DHL Express customers shipping goods between the US and Asia by securing long-term access to greater capacity on trans-Pacific air routes, reducing transit times and increasing reliability of delivery on both sides of the Pacific.

The commercial agreement will run for up to 20 years and will provide DHL Express guaranteed access to aircraft capacity in a key global market, according to John Mullen, CEO of DHL's Express Division.








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