Day: March 25, 2024

Germany, PTT Public Company Limited announced the move forward with its 5-year investment plan between 2024 - 2028 as notified to the SET. and invested more than 89 billion baht in 5 main business groups. Most of it is still a natural gas business. Ready to prepare another budget of over 100 billion baht to expand investment into clean energy during the energy transition. Mr. Atthaphon Rerkpiboon, Chief Executive Officer and President of PTT Public Company Limited (PTT), said PTT drives operations under the vision of 'Powering Life with Future Energy and Beyond, driving every life. With the power of the future' to create energy security and to support the operational plan to grow into a future energy business and a new business that goes beyond energy. Along with announcing its intention to operate its business to achieve carbon neutrality by 2040 (2040) and net zero greenhouse gas emissions (Net Zero Emissions) by 2050 (2050). ) by increasing the proportion of investment focusing on new business is - Clea n energy business or the energy business of the future (Future Energy), including renewable energy energy storage system Electric vehicle supply chain including hydrogen - Businesses that support driving people's lives beyond the energy business (Beyond), such as life science businesses such as medicine, nutrition, medical equipment and diagnostics. Business supporting mobility and lifestyle (Mobility and Lifestyle), which includes non-oil retail business, AI, Robotics and Digitalization business, logistics and infrastructure business, including high value chemicals (High Value Business) 5-year investment plan (2024-2028) which has been reported to the Stock Exchange of Thailand (SET) by the PTT Board meeting. Approved the 5-year investment budget of PTT and companies in which PTT holds 100% of shares, totaling 89,203 million baht in 5 main business groups (Core Business), consisting of: 1. Natural gas business Total investment amount is 30,636 million baht or equivalent to 34%. 2. Natural gas pipeline bu siness Total investment amount is 14,934 million baht or equivalent to 17%. 3. International trade business and downstream petroleum business Total investment amount is 3,022 million baht or equivalent to 4%. 4. New business and infrastructure and headquarters Total investment amount is 12,789 million baht or equivalent to 14%. 5. Investing in companies at PTT Holds 100% of the shares. Total investment amount is 27,822 million baht or equivalent to 31%. For investments consistent with PTT's vision. 'Powering life with future energy and beyond' in which the core business is an investment to create sustainable growth. Including creating energy security for the country, accounting for 51% of the 5-year investment budget, with main projects including Natural Gas Separation Plant Unit 7 to replace Natural Gas Separation Plant Unit 1 and Natural Gas Separation Plant Unit 8, including the Bang Pakong Natural Gas Pipeline - South Bangkok Power Plant project. and the 5th onshore natural gas pipeline project In ad dition, PTT It also invests in new businesses through companies in which PTT holds 100% of its shares, including investment projects in the integrated electric vehicle business such as the EVme project, which provides digital platform services for the use of fully integrated electric vehicles. Construction project for an electric vehicle manufacturing plant, Horizon Plus, investment project in a battery assembly plant using Cell- To-Pack (CTP) technology, including Map Ta Phut Industrial Port Development Project Phase 3 and Laem Chabang Port Development Project Phase 3. Mr. Atthaphon said PTT has also prepared an investment budget for projects that are seeking future investment opportunities (Provisional Capital Expenditure) over the next 5 years, another 106,932 million baht, which is an expansion of investment during the transition period. Energy includes Expanding investment in the natural gas business, which is a transition fuel, focusing on expanding the natural gas pipeline network and expanding invest ment in the complete liquefied natural gas business (LNG Value Chain) both domestically and internationally. abroad as well as expanding investment in the downstream petroleum business in building product storage tanks. Including focusing on clean energy businesses to reach a low carbon society, including Investing in life science businesses, including the pharmaceutical business Nutrition business Medical equipment and diagnostics business, AI and Robotics business, with the goal of being a leader in AI and Robotics services in the future, including investment in logistics and infrastructure business, focusing on connecting all transportation network systems. of the country Mr. Atthaphon said that PTT has operational goals in 3 areas: 1. Business Growth adjusts investment portfolio in energy business Focusing on low carbon business 2. New Growth, new energy business and other businesses Beyond Energy must make a profit of more than 30 percent by 2030, ready to invest and increase the proportion of profit s from businesses that are Future Energy and those beyond the Beyond Energy group. 3. Clean Growth: Reduce greenhouse gas emissions compared to 2020 by 15% by 2030. Mr. Atthaphon emphasized that PTT operations In 2024, important challenges must be faced: The world economy continues to expand and inflation slows, entering a soft landing, while the Thai economy expands better. But may face many obstacles. World energy prices are another challenge as they are still volatile due to the economic situation and geopolitical factors. The fluctuating world energy prices are a result of the economic recovery. Monetary policy of each country production control OPEC+ crude oil, increased supply from non-OPEC groups, and geopolitical risks As for PTT's operating results In 2023, there was a net profit of 112,024 million baht, accounting for 3.6% of sales, higher than 2022, which was a result of the cooperation of the PTT Group. To increase the efficiency of the production process and reduce operating costs It can reduc e expenses by more than 13,000 million baht. As for the proportion of profits, the majority comes from investments made by companies in the PTT group. This is a business that competes freely both domestically and abroad. Divided by business type includes Petroleum exploration and production business 45%, petrochemical and refining business 9%, new business and infrastructure and other subsidiaries 17%, which has increased operating results from the future energy business and new businesses from Avaada Energy Private Limited (Avaada), which has invested in a solar power plant project in India, from Lotus Pharmaceutical Company Limited (Lotus) which operates the business of producing and distributing generic drugs in Taiwan. and the oil and retail business group, 7%, which consists of the oil business and non-oil businesses such as coffee and convenience stores that have a profit per revenue of only 1%, while the profit is from the natural gas business and international trade business. of PTT 22% In 2023, PTT Group's losses from derivative instruments to hedge against commodity price risk decreased. But there was an increase in foreign exchange profits. following the strengthening of the baht in 2023, although operating profits before depreciation and amortization Financial costs and income tax (EBITDA) of PTT Group decreased, mainly from the petrochemical and refining business groups. with gross profit from refining (Market GRM) decreasing from 2022. In addition, in 2023, the PTT Group has increased oil stock losses. following the direction of falling oil prices In addition, the operating results of the petroleum exploration and production business decreased from a decrease in average selling price and average sales volume. together with other business groups has decreased operating results The PTT Board of Directors It was resolved to pay dividends for the 2023 operating results at the rate of 2.00 baht per share, having already paid an interim dividend of 0.80 baht per share in September 2023, with remaining d ividends to be paid at the rate of 1.20 baht per share, which the Ministry of Finance, as Major shareholders and the Vayupak Fund receive dividends totaling approximately 36 billion baht, and when combined with corporate income tax of PTT and its subsidiaries, another approximately 42 billion baht, including the PTT Group, remit income from business operations. In 2023, approximately 78 billion baht has been given to the state. Mr. Atthaphon said that in 2023, PTT will participate in creating energy stability. Power point for improving quality of life Driving the economy to grow together sustainably Through the development of future energy businesses and new businesses that go beyond energy. In terms of energy of the future, there is the expansion of hydrogen fuel stations. Bang Lamung District Chonburi Province supports transport trucks and tractor-trailers. Established NV Gotion factory to produce battery packs together with KYMCO Group to establish Aionex to sell electric motorcycles. Increase the install ation of EV Charging Stations under the on-ion brand to cover the entire country. In a new business area that goes beyond energy, NRPT launches Plant and Bean Thailand, a contract factory for producing 100% plant protein that meets world-class food safety standards, BRCGS Plant-based, the first and largest in the Asia Pacific region. Innobic Nutrition launches food products. Supplement for good health of Thai people For the logistics business Open rail freight transport route 'Thailand-Laos-China' connects the transportation system of Thailand and the ASEAN region. In the past, PTT Participated in relieving the suffering of the people to overcome the crisis period. Through operations including One Breath and Breath for Children Project Oil reserves of 4 million barrels, NGV price fixing, LPG price assistance for hawkers and low-income earners through state welfare cards. Supporting money into the oil fund Extending credit terms to EGAT, etc., representing a total assistance value from 2020 - 2023 of more tha n 31,060 million baht. In terms of society, community and environment, PTT has planted a total of 86,173 rai of forests in 25 provinces, stimulating the local economy. Strengthen the community Through the Creating Smiles Innovation Project that brings knowledge and innovation of the PTT Group. Transferred to agricultural communities in 45 areas in 29 provinces nationwide. By increasing community income by more than 31.59 million baht and the project to strengthen social enterprises that can increase income for communities participating in the project by more than 5.75 million baht. Source: Thai News Agency

Hanoi: Deputy Prime Minister Tran Hong Ha led a Government delegation to the Russian Embassy in Hanoi on March 25 to offer condolences following the deadly terrorist attack at Crocus City Hall, Moscow on March 22 evening. Signing the condolence book, Ha extended the most profound sympathies of the Vietnamese Government, people, and himself to the Russian Government, people and families of the victims, adding that Vietnam strongly condemns terrorism in any form and believes that perpetrators will be strictly punished. "Our hope is for the victims' families to overcome this pain and loss", Ha wrote. "We wish a speedy recovery to the injured and continued peace and prosperity for Russia and its people". On the same day, Permanent Deputy Minister of Foreign Affairs Nguyen Minh Vu also visited the embassy and showed his sympathy in the condolence book. The Russian Embassy in Hanoi, along with Consulates General in Da Nang and Ho Chi Minh City, will have condolence books open for signing from March 25 to 27. A lso on March 25 morning, many Vietnamese and foreign citizens, businesses, agencies and organisations came to the embassy to lay wreaths and sign the condolence book, standing in solidarity with Russia during this difficult time. A day earlier, many Vietnamese residents paid their respects by laying flowers, candles, and children's toys at the Russian Embassy and Consulates General in Vietnam. According to the latest data from Russian authorities, the attack left at least 137 dead and 182 others injured./. Source: Vietnam News Agency

Administrative Court, Supreme Administrative Court Order to accept the complaint True-DTAC merger The event affected a wide swath of the public. Reporters reported that Supreme Administrative Court An order was issued to reverse the order of the Administrative Court of First Instance. It is to accept the complaint of all 5 plaintiffs in the case asking to revoke the resolution of the Broadcasting Commission. Television business and Telecommunications Business (NBTC) in the case of acknowledging the merger of True Corporation Public Company Limited and Total Access Communication Public Company Limited or DTAC, by following the process Consider further according to the case picture. Including considering the request for a temporary method before the judgment of the five plaintiffs. by the Supreme Administrative Court Consider that telecommunications services are basic public services that affect people's lives. and with limitations on the limited amount of frequency spectrum In addition, investment in teleco mmunications operations It requires a lot of capital. Telecommunications market or industry Therefore, there are only a small number of entrepreneurs. making it a semi-monopoly in nature Will operators in the telecommunications business merge businesses or not? Therefore affecting free and fair competition. and has a wide impact on the people who use the service as well This dispute must be considered beneficial to the garden as a whole. The Administrative Court therefore has the power to accept this complaint for consideration and adjudication. In this case, Mr. Noppadon Wongvihok and a group of 5 people filed a lawsuit against the NBTC at the Central Administrative Court. By asking the court to revoke the NBTC's announcement on measures to supervise business combinations in telecommunications businesses dated December 4, 2017, and requesting the revocation of the NBTC's resolution at the special meeting No. 5/2022. on October 20, 2022, including prohibiting the NBTC from proceeding with the merger as per t he announcement. and resolution of such disputes An application for interim pre-judgment procedures was also submitted and asked for expedited consideration. In this case, the plaintiff claims that Providing unlawful announcements and resolutions of disputes will continue to be effective. Causing serious damage to the five plaintiffs and the people who use the service and True Corporation Public Company Limited and Total Access Communication Public Company Limited or DTAC, which if there is The merger of companies will have an impact on a large number of people who use mobile phone networks. It may also affect people's shareholding in the stock exchange. Source: Thai News Agency

Quang Ninh: Ha Long city in the northern coastal province of Quang Ninh will kick off a campaign on March 26 to thoroughly clean up and collect waste in Ha Long Bay, deputy head of the bay management board Pham Dinh Huynh has announced. Lasting until April 20, the campaign is expected to become a regular operation. According to the plan, the city will mobilise various forces, including the police, the military, youth volunteers, and local residents to carry out waste collection activities along the coastline and throughout the bay. In the long term, Ha Long will focus on monitoring environmental degradation and waste generation. Specifically, the city will conduct comprehensive inspections of businesses and vessels operating in the bay, particularly those engaged in fishing activities. It will work against unauthorised aquaculture and strictly deal with illegal fishing and seafood harvesting practices that pollute the environment and harm marine life. Since the beginning of this year, the management board has conducted 19 rounds of environmental protection monitoring. These efforts have led to noticeable improvements in coastal areas with increased sanitation efforts and waste collection by municipal authorities. However, other locations remain littered with waste, including plastic bags and foam buoys. Sources of waste entering the bay include rivers, streams, forests, coastal areas, aquaculture and fishing activities, posing challenges to waste management efforts./. Source: Vietnam News Agency

Acting Commissioner of the Royal Thai Police Visiting police officers who were injured while performing their duties. Ready to send encouragement to police officers who were injured while performing their duties across the country to recover from their illnesses. and return to perform duties to help the people quickly Pol. Gen. Kittirat Panphet, Deputy Commissioner of the Royal Thai Police Acting Commissioner of the Royal Thai Police Visiting police officers who were injured in the line of duty Five officers are receiving treatment at the police hospital, with Pol. Lt. Gen. Thaweesilp Wechavitarn, Medical Officer-in-Chief (S.B. 8), Pol. Lt. Gen. Paibun. Chiamanukulkit, doctor (S.B. 8), Police Hospital, Police Lieutenant Colonel Sirikun Srisanga, Police Hospital spokesperson. With a team of doctors and nurses welcome By talking and asking about the condition of the injured police officer from the medical team and relatives, giving encouragement and giving a certain amount of money to the family. They also t ook the opportunity to visit a female police officer who was suffering from depression. By talking and asking about symptoms Give encouragement to female police officers and their families after finding a worrisome post on social media of a female police officer who stated that she had been in the police force for 1 year after receiving training and was found to be depressed. Many posts have been shared. which the Royal Thai Police Concerned, hurry to investigate and provide urgent assistance. Police General Kittirat Say thank you to the medical team A nurse at the police hospital who never abandons sick police officers. and was injured and given good care I would like to send encouragement to injured police officers across the country to recover quickly from their injuries. Come back to perform your duties as a good police officer for the people. Police Lieutenant General Thaweesilp Wechavitarn, Chief Medical Officer (Subdistrict 8), said that in the past the police hospital provided a medical team. A nurs e takes care of a police officer who is injured in the line of duty. Including police officers who are fully ill. Especially police officers who are sick. with depression Police Hospital has the page "Depress We Care" and the page "Because We Care" where a team of doctors, nurses, psychiatrist, and psychiatric and drug groups with multidisciplinary Will give advice and care closely. From statistics on annual mental health examinations of police officers for fiscal year 2022-2023, surveyed on February 13, 2024, it was found that in fiscal year 2022, police officers were found There were 301 people with severe depression, 1,108 people with stress. In fiscal year '23, 196 police officers were found to have severe depression, 1,552 people were in severe stress, and 150 people were at risk of self-harm. In fiscal year '22, there were 150 people. In fiscal year '23, there were 315 people. If the police hospital finds police officers at risk of mental health problems, psychologists Police hospital will telephone t o talk and give advice. including following up on symptoms and forwarded into the treatment process In fiscal year 2023, 1,366 people were consulted, leaving 219 people continuously followed up. In addition, a manual for caring for the mental health of police officers was created. Including training on projects to enhance the quality of life of police officers and their families, and training on the "Kru Mae Kai Project" (young psychiatrists) by giving lectures and workshops to police officers. in maintaining mental health Do not cause stress or depression. and provide knowledge about mental health care Continuously assess the mental health of police officers. There is also a project to improve the psychiatric and drug examination rooms. To facilitate the medical team and patients as well. If police officers or their families, including citizens, are experiencing stress or depression, they can contact the Police Hospital in many ways through the "Depress We Care" page and the "Because We Care" page, as well as the hotline 081 932 0000 that is ready to help. Give advice Including prevention and initial treatment 24 hours a day. Source: Thai News Agency

Hanoi: The national flag carrier Vietnam Airlines and the Vietnam Posts and Telecommunications Group (VNPT) have signed a Memorandum of Understanding (MoU) on cooperation in providing In-Flight Connectivity (IFC) service, marking a new step forward during the digital transformation process. Accordingly, Vietnam Airlines plans to offer Internet access to passengers on some of its aircraft in 2025 on international flights to the US and Europe, and some domestic flights. The service will be carried out on the remaining aircraft and flights from 2026. To that end, VNPT will coordinate with Vietnam Airlines to build a roadmap, complete procedures, install hardware and software, and support operations. The speed of the carrier's in-flight internet network is expected to be up to 60 Mbps. There are currently more than 1,000 commercial aircraft worldwide equipped with IFC, and the figure is hoped to increase to more than 24,000 by 2035./. Source: Vietnam News Agency