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Bangchak Petroleum
Bangchak Corporation Public Company Limited (BCP), previously known as Bangchak Petroleum, is a petroleum and energy conglomerate in Thailand. It was founded as a state-owned company in 1984, and is now listed on the Stock Exchange of Thailand, doing business in oil refining and retail, as well as sustainable energy through various subsidiaries. History Bang Chak Petroleum was established in accordance with a cabinet resolution of June 1984, during the Prem Tinsulanonda-led government, to operate the ailing state-owned Bangchak Refinery, as part of a restructuring project with assistance from the World Bank. Initially a state enterprise, the company ran its operations under the supervision of the finance minister. Its main missions were to refine oil and to produce petrol products for Thailand's domestic consumption. Sophon Suphapong was the company's first president. In the 1990s, under his leadership, the company made several initiatives focused on community responsibility as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Industry
The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy industry is a crucial part of the infrastructure and maintenance of society in almost all countries. In particular, the energy industry comprises: * the fossil fuel industries, which include petroleum industries (oil companies, petroleum refiners, fuel transport and end-user sales at gas stations) coal industries (extraction and processing) and the natural gas industries ( natural gas extraction, and coal gas manufacture, as well as distribution and sales); * the electrical power industry, including electricity generation, electric power distribution and sales; * the nuclear power industry; * the renewable energy industry, comprising alternative energy and sustainable energy companies, including those involved in hydroelectric power ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange Of Thailand
The Stock Exchange of Thailand ( th, ตลาดหลักทรัพย์แห่งประเทศไทย), or SET, is the only stock exchange in Thailand. Founded on 30 April 1975, it is ASEAN’s 2nd largest after Singapore and the world's 25th by market capitalization at (both SET and mai) as of 22 October 2022. From 2015 to June 2020 it was the biggest IPO market in Southeast Asia in terms of accumulated raised fund at USD 17.8 billion (THB 598.0147 billion). It is also the region’s most active bourse for 10 consecutive years with daily trading turnover normally exceeding USD 2 billion. In recent years, the number of market participants has risen sharply: trading accounts has increased almost 10 times from 2008 to 2022. Based on the number of investors, about 3% of people in Thailand participate in the stock market. SET index is the oldest and the most cited equity index in Thailand. It made intraday all-time high at 1852.51 on 27 February 2018, surpassing th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prem Tinsulanonda
Prem Tinsulanonda ( th, เปรม ติณสูลานนท์, , ; 26 August 1920 – 26 May 2019) was a Thai military officer, politician, and statesman who served as the Prime Minister of Thailand from 3 March 1980 to 4 August 1988, during which time he was credited with ending a communist insurgency and presiding over accelerating economic growth. As president of the Privy Council, he served as Regent of Thailand from the death of King Bhumibol Adulyadej on 13 October 2016, until the 1 December 2016 proclamation of Vajiralongkorn as King. At the age of 98, Prem was the longest-living Thai Prime Minister. He is also the oldest regent of any country, surpassing Bavarian Prince Regent Luitpold's record, when he became the regent for king Rama X. During the Thai political crisis of the mid-2000s, he was accused by deposed prime minister Thaksin Shinawatra and his supporters of masterminding the 2006 coup, as well as in the appointment of the post-coup legislature and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sophon Suphapong
Sophon Suphapong ( th, โสภณ สุภาพงษ์) (born, 12 September 1946) is a former Senator for Bangkok in the National Assembly of Thailand and the former President of Bangchak Petroleum. Sophon served as the first president of state-owned Bangchak Petroleum company, which was established in 1984 to operate the Bangchak Refinery. In the 1990s, under his leadership, the company made several initiatives focused on community responsibility as well as environmental awareness, which helped him win the Ramon Magsaysay Award in 1998. In 2005, Sophon accused the United States of being the mastermind behind bombings in the South Thailand insurgency. As a Senator, Sophon accused Prime Minister Thaksin Shinawatra of taking part in the Finland Plan and using gains from the privatization of state energy company PTT in a plan to overthrow the Chakri dynasty and establish a communist dictatorship. It was revealed in April 2007 that Sophon was paid by the military junta t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ramon Magsaysay Award
The Ramon Magsaysay Award (Filipino: ''Gawad Ramon Magsaysay'') is an annual award established to perpetuate former Philippine President Ramon Magsaysay's example of integrity in governance, courageous service to the people, and pragmatic idealism within a democratic society. The prize was established in April 1957 by the trustees of the Rockefeller Brothers Fund based in New York City with the concurrence of the Philippine government. It is often called the "Nobel Peace Prize of Asia". Overview The award is named after Ramon Magsaysay, the seventh president of the Republic of the Philippines after World War II. The Ramon Magsaysay Award Foundation gives the prize to Asian individuals achieving excellence in their respective fields. The awards were given in six categories, five of which were discontinued in 2009: * Government Service (1958–2008) * Public Service (1958–2008) * Community Leadership (1958–2008) * Journalism, Literature, and Creative Communication Ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable Energy
Energy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs". Most definitions of sustainable energy include considerations of environmental aspects such as greenhouse gas emissions and social and economic aspects such as energy poverty. Renewable energy sources such as wind, hydroelectric power, solar, and geothermal energy are generally far more sustainable than fossil fuel sources. However, some renewable energy projects, such as the clearing of forests to produce biofuels, can cause severe environmental damage. The role of non-renewable energy sources in sustainable energy has been controversial. Nuclear power is a low-carbon source whose historic mortality rates are comparable to wind and solar, but its sustainability has been debated because of concerns about radioactive waste, nuclear proliferation, and accidents. Switching from coal to natural gas has environmental benefits, including a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Companies Of Thailand
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Stock Exchange Of Thailand
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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