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Diesel oil price hiked by 50 satang from today
By k on February 20, 2010
BANGKOK, 20 February 2010 (NNT) – The Petroleum Authority of Thailand (PTT) and Bangchak Petroleum Public Company have raised the retail price of diesel oil by 50 satang a liter, starting from today at 05.00 hrs.
Benzene oil remained at the same price. Oil retail prices of PTT in Bangkok and its perimeter today will be [...]
PTT will not pose price hikes on lubricant oil
By k on February 19, 2010
BANGKOK, 19 February 2010 (NNT) – The Petroleum Authority of Thailand (PTT) will not propose a price increase in lubricants if the price of crude oil does not exceed 80 USD/barrel, according to the Manager of the Lubricant Division of PTT, Ratdej Kemthong.
Mr Ratdej said from the prospects of economic recovery, the sales of lubricants [...]
PTT prompted for closure of gas field in Myanmar
By k on February 13, 2010
BANGKOK, 13 February 2010 (NNT) – The PTT Plc is preparing for the closure of Myanmar’s Yadana gas field in March, alternating its supply base to the gas fields in the Gulf of Thailand.
PTT Vice President for the gas business unit, Permsak Shevawattananon, said the Yadana gas field would be closed for two weeks at [...]
PTT, Bangchak to reduce oil prices by 40 Satang on Wed
By k on January 26, 2010
BANGKOK, 26 January 2010 (NNT) – Domestic oil retailers will reduce oil prices by 40 Satang per liter in every product, except E85, from 27 January 2010 at 5.00 hrs onwards, following the global crude oil price decrease.
The oil prices were adjusted in line with the reduction of crude price in the world market mainly [...]
PTT, Bangchak cuts diesel prices
By k on January 22, 2010
BANGKOK, 22 Januaryr 2010 (NNT) - The Bangchak Petroleum Public Company Limited and PTT Public Company Limited announced a decrease in retail prices of diesel B2 by 60 Satang per liter and diesel B5 by 40 Satang per liter, effective tomorrow from 05.00 hrs.
As a result of the announcement, diesel B2 will be priced at 27.99 [...]
PTT to merge subsidiaries in Rayong
By k on January 15, 2010
BANGKOK, 15 January 2010 (NNT) – PTT Plc. is to merge the subsidiaries located in Rayong Province. The issue is expected to be approved by shareholders in April.
President and CEO of PTT Plc, Prasert Bunsampan, cited the progress of the companies merger plan as the reason that the company was considering this direction. Primarily, the [...]
PTT appeals against court´s order on Map Ta Phut case
By k on January 6, 2010
BANGKOK, 6 January 2010 (NNT) - PTT Public Company Limited has appealed against a court order which has halted the operation of its projects located in the Map Ta Phut industrial estate.
Mr. Auttapol Rerkpiboon, Executive Vice President for Corporate Communication & Social Responsibility of PTT Public Co., Ltd stated that the PTT Group and its [...]
PTT, Bangchak to reduce oil price tomorrow
By k on September 25, 2009
BANGKOK, 25 September 2009 (NNT) – PTT Plc and Bangchak Plc will reduce prices for all types of benzene and diesel by 60 and 50 satang per liter respectively except for Gasohol E85 from tomorrow 5.00 hrs onwards.
The announcement will result in a price reduction of benzene 91 to 34.04 baht per liter. As for [...]
PTT urges govt to rise NGV price
By k on September 18, 2009
BANGKOK, 17 September 2009 (NNT) – PTT has encouraged the government to increase the price of NGV in order to reflect real cost since the constant oil price rise has caused the company to shoulder the accumulating burden.
PTT’s Exploration & Production and Gas Business Group Senior Executive Vice President Chitrapongse Kwangsukstith admitted potential obstacles in [...]
PTT wins 2 achievements in 2009 State Enterprises Awards
By k on August 21, 2009
BANGKOK, 21 August 2009 (NNT) – PTT Plc wins two achievements in the 2009 State Enterprises Awards in the most outstanding state enterprise and outstanding organizational leader categories.
Finance Minister Korn Chatikavanij bestowed the awards to PTT President and CEO Prasert Bunsumpun today. The most outstanding state enterprise award is given to the organization with outstanding [...]
Business News »
New trading policy to boost number of Japanese investors
March 12, 2010
BANGKOK, 12 March 2010 (NNT) - Japanese investors will likely pay attention to the new trading policy rather than political problems.
According to Finance Minister Korn Chatikavanich, current political problem would not hurt investor confidence and would not raise any concerns during his trip to Japan on 12-13 March. Japanese investors would rather be attentive to [...]
Bank And Finance »
Security, cash reserves of banks well-prepared
March 12, 2010
BANGKOK, 12 March 2010 (NNT) – Commercial Banks have prepared security measures and adequate cash reserves upon the mass demonstration of the anti-government United Front of Democracy Against Dictatorship (UDD).
Kasikorn Bank CEO Banthoon Lamsam stated that cash withdrawal of customers at present was normal, and the bank would not increase the amount of cash reserves [...]
General News »
Govt, UDD urged for endurance, mutual responsibility
March 12, 2010
BANGKOK, 12 March 2010 (NNT) – The Psychiatric Association of Thailand (PAT) has pleaded both the government and the United Front of Democracy Against Dictatorship (UDD) to uphold endurance and mutual responsibility to refrain from violence.
PAT President MD Yongyud Wongpiromsarn stated that both the UDD and the government must uphold tolerance and mutual responsibility without [...]
Economy »
Commerce Ministry urges continued production during rally
March 12, 2010
BANGKOK, 12 March 2010 (NNT) – The Commerce Ministry requests department stores and manufacturers of goods to make sure that there will be no shortages of products during the period of protests of the anti-government group.
After meeting with representatives of 40 department stores and manufacturers, Department of Trade Negotiation Director-General Chutima Boonyaprapat advised them to [...]
Energy »
More energy needed: more solutions wanted
March 10, 2010
BANGKOK, 10 March 2010 (NNT) - The Ministry of Energy hosts the ‘Fuel Options for Electricity Generation’ seminar to discuss possible energy alternatives for Thailand
Minister of Energy, Dr Wannarat Channukul, presided over the opening ceremony advising public and private sectors to not emphasize development on a certain alternative energy source too much. Disruption of energy [...]
Politics »
Security tightened, checkpoints scan for weapons as Red Shirts nationwide set to enter Bangkok
March 12, 2010
BANGKOK, March 12 (TNA) - Thai government security forces on Friday tightened protective measures in Bangkok with checkpoints set up across the capital and surrounding provinces to strictly screen incoming travellers and transport for arms and explosives as the anti-government movement mobilises what it claims as one million protesters to join their mass protest planned [...]