BANGKOK, Oct 25 - The state-run Electricity Generating Authority of Thailand (EGAT) Thursday signed a memorandum of understanding (MoU) with the Nam Thuen-Hinboun Power Co of Laos to buy more electricity from the land-locked country at Bt1.82 per unit.
The MoU was signed by Kraisri Karnasutra, governor of EGAT, and Viraphonh Viravong, director-general of Laos' Department of Energy Promotion and Development.
Under the agreement, production at the plant will be doubled to 440 MW from the...... (read more)
BANGKOK, Oct 21 - The impact of high oil prices in the world market plus several other factors will play a significant role in the movement of the Thai currency, the baht, and the Bangkok stock market this week, according to a report issued by the Kasikorn Research Center.
The report said the baht -- which closed at around Bt34.15-34.18 against the dollar late Friday on the onshore market -- is projected to move within a 15 satang range at Bt34.05-34.20 against the greenback this...... (read more)
BANGKOK, Oct 3 - Energy Minister Piyasvasti Amranand on Wednesday played down public concerns over the floatation of cooking gas prices in mid-December, saying it would not adversely affect their expenses because the ministry planned to reduce its contribution to the State Oil Fund by 0.50 baht per litre.
Speaking after joining a function to mark the 5th anniversary of the ministry's foundation, he said that cooking gas or liquefied petroleum gas (LPG) prices would be floated as planned by...... (read more)
BANGKOK, Sept 23 - Although retail oil prices in Thailand increased by 40 satang per litre yesterday, retail prices may rise again if global oil prices do not fall, according to a senior executive at Bang Chak Petroleum Co. Ltd.
Bang Chak senior director Yodphot Wongrakmit said oil traders are still suffering losses because the slight increase in retail oil prices in Thailand did not correspond to the jump in global oil prices.
There are signs that domestic retail oil prices may have to...... (read more)
BANGKOK, Sept 21 - Thailand's exports amounting to nearly US$14 billion last month, hit a record high with aEn 18 per cent rise over the same period last year while a total of about US$ 97 billion was earned from exports during the last eight months this year, according to Commerce Minister Krirkkrai Jirapaet.
Such positive trade values had occurred in spite of the stronger baht currency and exporters' complaints of difficulties in dealing with world export markets, the commerce minister...... (read more)
BANGKOK, Sept 18 - Energy Minister Piyasvasti Amranand on Tuesday said the ministry is ready to transfer funds to the Ministry of Transport to finance construction of the country's mass transit rail system early next year.
He said the funds would be divided fairly to subsidise the building of the dual-rail system, the electric subway and the elevated train system, and other transport systems at present and in the future.
For instance, as a mass transit system is built in the Bangkok...... (read more)
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