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Mytel says it’s pumped $1 billion into boosting nationwide operations

The country’s fourth and newest telecommunications operator, Mytel, has invested over US$1 billion (K1.38 trillion) in capital expenditure to boost infrastructure and improve service, U Zaw Min Oo, the company’s chief of external relations, told reporters at a news briefing. He said the company, which plans to invest US$2 billion within its 15-year license period, […]

PTTEP’s net profit jumps 60% from recovered oil prices & effective operation & cost management

PTT Exploration and Production Public Company Limited (PTTEP) reported 2017’s net profit at USD 594 million (equivalent to THB 20,579 million), soaring by more than 60% despite the impairment recognition of USD 558 million from the development plan adjustment in the Mariana Oil Sands project. Earnings Before Intereset, Taxes, Depreciation and Amortization (EBITDA) margin maintained […]