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Tuesday, May 14, 2024

Thailand’s main oil and retail company eyes expansion across Southeast Asia in light of the region’s economic growth

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The Asia-Pacific is one of the fastest-growing regions in the world, projected to account for around 70 per cent of global economic growth this year, according to the International Monetary Fund (IMF).

Even as recession fears loom – with a number of European countries impacted earlier this year – the Asia-Pacific, and Southeast Asia in particular, remain resilient. For companies looking to expand, there are significant opportunities across the region.

In line with this trend, PTT Oil and Retail Business (OR) is placing greater emphasis on international growth – aiming to become a leading provider of mobility solutions and lifestyle offerings.

The company has had considerable success with its oil and non-oil businesses in Asia. It exports petrochemical products globally, with customers in more than 40 countries.

The Thai company’s services have evolved over…

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