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Thailand’s largest fuel retailer plans to open its coffee outlets in India and Indonesia and expand its footprint in China to lower its reliance on revenue from fossil fuels with the world increasingly embracing electric vehicles and renewable energy.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (Oct 28)
PTT Oil and Retail Business Plc (OR), Thailand's largest oil retailer by volume, aims to achieve earnings before interest, taxes, depreciation and amortisation (Ebitda) of 45% by 2025 by increasing revenue from non-oil and overseas businesses.
Refilling stomachs, not cars Refilling stomachs, not cars OR is determined to redesign the image of filling stations, with a focus on coffee, food and EV charging published : 5 Jul 2021 at 07:30 G-Box energy storage system works with an EV charging outlet at a PTT station in Bangkok. The next job on the checklist for PTT Oil and Retail Business Plc (OR), which operates the Cafe Amazon franchise, may stun its rivals embarking on non-oil ventures. OR is moving ahead with a "Beyond Fuel" concept, making its food and bever...
State-controlled PTT Plc, the country’s largest company by market value, has invested in a venture to make plant-based protein, including so-called faux meat, as part of its objective to become less dependent on fossil-fuel businesses.