PTT Public Company Limited has announced a planned investment of 25 billion baht for the year 2025, aimed at enhancing its business capacity and generating income for its stakeholders, including investors and the public.

This figure marks a slight decrease from last year’s 26 billion baht, reflecting a strategic pivot towards more cost-effective investment initiatives intended to yield higher returns.

Amid these investment plans, PTT has recently ceased its electric vehicle (EV) operations.

This decision is part of a broader restructuring strategy to reallocate resources towards core competencies in refining and petroleum exploration.

Ongoing negotiations are expected to culminate in decisions that will further clarify PTT's future direction.

In response to speculation regarding potential mergers of subsidiaries, including PTT Global Chemical, Thai Oil, and IRPC, the company has categorically denied such reports, attributing them to miscommunication within the industry.

Kongkrapan Sangsithit, the company’s president and CEO, provided insights into the economic landscape, noting that the International Monetary Fund (IMF) has projected global GDP growth at 3.3%, while Thailand is expected to grow at a rate of 2.9%.

He acknowledged the potential ramifications of U.S. trade and monetary policies on Thailand's economy, emphasizing that PTT would monitor these developments closely as part of its investment and operational decision-making processes.