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  • July 8, 2015

    Newsfeed

    ... audit and information technology. SE Asia survey names investor favourites The five Thai companies most sought after by investors are PTT, its subsidiary Thai Oil, Thai Beverage, Carabao Group and Eastern Polymer Group, according to a survey by Alpha Southeast Asia. Alpha conducted its...

    Business
  • July 6, 2015

    Special discount for farmers

    In a statement, PTT said the farmers who are the clients of the Bank for Agriculture and Agricultural Cooperatives will receive a discount of 50 satang per litre. At 370 fuel stations, they are also entiled to a 10 per cent discount on lubricant prices from July 15 to November 30.

    Business
  • July 4, 2015

    Drawing for the future

    THE PETROLEUM Authority of Thailand (PTT) is celebrating the fifth year of its "PTT Comic Contest" by expanding its free workshops to the nation's four regions. "As usual, we are cooperating with [magazine] a day for this year's edition. The aim is, as ever, to promote creativity and drawing skills in...

    Life
  • June 30, 2015

    THAI OFFICIALS IN EU TOLD TO MONITOR MARKETS

    ... 12 EU member states dropped 15.3 per cent to $826 million. Shipments to the EU account for 10.2 per cent of Thailand's total export value. PTT CUTS 2015 BUDGET PTT said yesterday that it would cut its investment plan for this year by 28 per cent to reflect changes in global economic conditions...

    Business
  • June 30, 2015

    Thai Oil's MTN programme assigned "Baa1"

    The proceeds from the notes to be issued will be used for general corporate purposes. Thai Oil is 49.1 per cent owned by PTT which is in turn 51.1 per cent owned by the Thai government. Thai Oil is the leading integrated publicly listed refining and petrochemical companies in Thailand. It operates...

    Business
  • June 30, 2015

    Petrol prices to go down 40 satang

    The E85 price cut is 20 satang. Crude oil prices hit 3-week lows on Monday as Greek crisis worsened while the nuclear deal between Iran and six world powers drags on. Dubai crude oil on Monday fell to US$59.87 per barrel.

    Breakingnews
  • June 29, 2015

    PTT slashes investment by Bt21 bn

    In a statement to the Stock Exchange of Thailand, its president, Pailin Chuchottaworn, said that the investment budget is cut from Bt77.28 billion to Bt55.66 billion. He said that affected are the investment plans in upstream petroleum and natural gas business that are still in the early stage....

    Business
  • June 29, 2015

    Thai Oil

    .... RATINGS RATIONALE "Thai Oilโ s ratings incorporate a one-notch uplift based on the expected support from 49.1percent shareholder PTT Public Company Limited (PTT, Baa1 stable) in an event of distress, considering the close business integration between the two companies," says Alan Greene...

    Business
  • June 27, 2015

    National oil firm 'should be operator'

    ... Energy Ministry is considering a number of options to manage the expirations of two major petroleum concessions currently operated by Chevron and PTT Exploration and Production (PTTEP). Natural gas from these two blocks satisfies half of the total demand in the country, but the concessions expire in 2022...

    Business
  • June 27, 2015

    Briefs

    The PTT board of directors yesterday unanimously appointed PTT Exploration and Production chief executive officer Tevin Vongvanich as the next PTT CEO, replacing Pailin Chuchottaworn, whose term will end on September 9. PTT chairman Piyasvasti Amranand said that after this the board and Tevin would enter talks...

    Business