Thailand’s largest energy firm PTT Pcl has stepped up investments in the retail and industrial power sectors as a buffer against the impact of a global economic slowdown on its oil refining and chemical businesses, its CEO said on Monday.
“We have a global challenge and that is the (U.S.-China) trade war. That is one of our challenges – how can we survive in the short term?” PTT‘s President and Chief Executive Officer Chansin Treenuchagron told Reuters.
