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  • May 21, 2015

    EU to scale up its partnership with Asean

    Under "the EU and Asean: a partnership with a strategic purpose" joint communication, the EU vows to provide a more coherent framework for sectoral cooperation and by ensuring a sharper political focus. "The partnership between the EU and Asean is crucial and we are determined to build on it and...

  • May 20, 2015

    Insurance firms could work together

    "Currently, the government only allows foreign insurance companies to open offices in the country. Then they will be allowed to deliver their services in the special economic zones. Then they will get the green light to deliver services through joint ventures when they get experience and Myanmar's insurance...

  • May 19, 2015

    Revenue Department wants more efficiency in collection of taxes

    ... is likely to be lower by about Bt40 billion. Tens of billions of baht will likely be missed particularly from large oil companies. For example, PTT Plc is forecast to record a profit of about Bt50 billion, compared to Bt90 billion last year, leading to Bt10 billion lower corporate income tax. ...

  • May 18, 2015

    US daredevil dies in jumping accident

    Tributes poured in from all over the globe for Dean Potter, 43, following his death on Saturday. He and fellow BASE jumper Graham Hunt, 29, were killed during a jump at Taft Point, ABC News said, citing Yosemite National Park spokesman Scott Gediman. Reports filtered through to park officials...

  • May 17, 2015

    Scholarships open a new world for eager young Myanmar students

    To them, winning scholarships from the PTT Group that entails weeks of on-the-job training in Thailand is a great opportunity that could change their lives. "It's difficult at times. In a workplace, you are alone from others," said Aung Pyae Phyoe, one of the eight students assigned for training at...

  • May 15, 2015

    Short-term production sharing proposed to ensure continued investment

    ...-sharing contract of about five years with private petroleum companies facing the expiration of their concessions. This would allow Chevron and PTT Exploration and Production to continue their investment to maintain the current production levels until the government can take over administration of petroleum...

  • May 15, 2015


    PTT Plc - Net profit seen in 1Q15 as projected PTT reverted from net loss of B27bn in 4Q14 to net profit of B22.6bn in 1Q15 as projected because the company did not have to book an extraordinary expense in this quarter. Normalized profit grew 47.5ธq because 1) stock loss (LCM included) from...

  • May 14, 2015

    PTT offers help to end lottery fiasco

    The network covers over 1,400 stations nationwide. "Weโ re ready to be a marketing channel. PTT can be responsible for the sale or can arrange space for individual sellers. These lotteriesโ price will be capped at Bt80," he said. The Thai government has scrambled for ways to maintain the lottery...

  • May 12, 2015

    PTT Global Chemical

    PTT Global Chemical Plc (PTTGC) - Net profit seen in 1Q15 as expected PTTGC rebounded to net profit of B5.6bn in 1Q15, in line with our projection, versus net loss of B4.9bn in 4Q14, thanks to improving earnings from the refinery and aromatics businesses. For the refinery business...

  • May 8, 2015

    Thailand and Australia launch New Colombo Plan for tertiary study

    The ceremony was presided over by Foreign Minister General Tanasak Patimapragorn and his Australian counterpart Julie Bishop, who is visiting as a guest of the Foreign ministry. The project sends Australian undergraduate students to countries in the Asia-Pacific and Indian Ocean regions for tertiary...