The Latest Breaking News from OR

PTT Oil and Retail Business Plc (OR) aims to become the country’s largest electric vehicle (EV) charging service provider, with 7,000 outlets by 2030 under its “Rise OR” concept, says new chief executive Disathat Panyarachun.

The relatively mild December inflation report eased some worries over the Fed’s aggressive monetary tightening. As the current market pressures show signs of receding, growth stocks could rebound strongly. Therefore, investors could buy fundamentally sound growth stocks Sysco Corp. (SYY) and Universal Logistics Holdings (ULH) that could soar in 2023.…

Despite inflation slowing down, it is still far from the Fed's target. While the pace of rate hikes might slow, the Fed is expected to continue with the increases this year. Therefore, fundamentally sound stocks Sysco (SYY), Cardinal Health (CAH), and Sisecam Resources (SIRE), which pay a steady dividend, might…

With the Fed expected to keep rates higher throughout this year, the odds of the economy tipping into a recession are rising. Amid ongoing macroeconomic uncertainties, investors may consider buying companies with reliable performance over the years for solid long-term returns. To that end, Pfizer (PFE), Johnson & Johnson (JNJ),…

With the Fed signaling to keep raising rates through this year, the threat of a recession is looming. Given an uncertain market backdrop, investors should buy fundamentally sound stocks, PepsiCo (PEP), Humana (HUM), and Sysco Corp. (SYY), that can generate steady returns. Read on….

While speculators were fueling bouts of market volatility with panic-driven sell-offs, legendary investor Warren Buffett doubled down on his playbook to load up on growing businesses with enduring competitive advantages. Under his leadership, Berkshire Hathaway (BRK) increased its stake in Taiwan Semiconductor Manufacturing (TSM) and Activision Blizzard (ATVI) while lightening…

The recent move by Norway's sovereign wealth fund to drop a Thai energy conglomerate from its portfolio raises questions about the reasons behind the decision but sends a warning to Thai corporates on their overseas investments.

RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.

PTT Group has clarified its stance amid violence in Myanmar, which reportedly led to the withdrawal of an investment fund from its subsidiary PTT Oil and Retail Business Plc (OR), which is operating a petroleum business in the country.

Norway’s sovereign wealth fund has dropped the Thai energy conglomerate PTT Plc from its portfolio because of concerns that its activities in Myanmar could fund human-rights abuses.

Battery electric vehicles (BEVs) are becoming more popular with Thai motorists, beating other types of EVs that were previously thought to be better suited to the Thai market as concerns over charging facilities ease, says the Federation of Thai Industries (FTI).