Fitch Rates Thailand-based PTT’s New Debenture Programme ‘AAA(tha)’
Fitch Ratings (Thailand) has assigned PTT Public Company Limited’s (BBB+/AAA(tha)/Stable) upcoming THB44 billion medium-term debenture programme a National Long-Term Rating of ‘AAA(tha)’.
This could be the 2020 Nissan Kicks unmasked
It’s starting to look more likely that the Nissan Kicks will be replacing the Juke in Southeast Asia. It had been spied making rounds in Thailand back in December 2019 and we also reported that it will be assembled there as well. With Thailand being one of the major manufacturing hubs in the region, we […]
Thailand resort Santiburi Koh Samui receives 2020 Green Hotel certification
The experience-driven beachfront retreat, Santiburi Koh Samui has been certified as a 2020 Green Hotel and recognised as a carbon-neutral resort with the accolades reflecting its strong commitment to the environment. As a 2020 Green Hotel, it is recognised as a sustainable resort that has succeeded in enhancing the use of resources and energy of […]
Oil reserves reduction readied
The Department of Energy Business (DOEB) is expected to reduce oil reserves this week to 4% (15 days of average daily consumption) from 6% (21.5 days) in response to low demand due to the pandemic.
GPI looks to renewables for new revenue source
SET-listed Grand Prix International Plc (GPI), a leading automotive event organiser and media producer, plans to diversify into renewable energy in search of additional revenue streams unaffected by the Covid-19 pandemic.
Thailand aims to become regional LNG hub despite Covid-19 crisis
The escalating Covid-19 outbreak will not disrupt Thailand’s aim to become a regional hub for liquefied natural gas (LNG), Energy Minister Sontirat Songtijirawong said recently.
Analysts predict earnings backslide
Aggregate earnings per share (EPS) of SET-listed companies are expected to fall by as much as 25% this year because of the Covid-19 pandemic and plunging oil prices, says the Investment Analysts Association (IAA).
Thailand’s PTTEP could delay some projects due to oil price collapse
Thai energy company PTT Exploration and Production Pcl could miss its sales target due to the oil price collapse and coronavirus outbreak, and is considering delaying some projects, it said on Thursday.
