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PTT Philippines Corp. (PTTPC), the local subsidiary of Thailand’s petroleum giant, said it expects its net income to hit P458 million this year or 12 percent higher than last year on the back of improving revenues.

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Local petroleum companies have warned of another possible increase in oil prices, citing the trend in the world market.

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KORAWAT SUNGMONGKOL

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abtest

Thailand’s PTT eyes 12% income hike this year

By Iris Gonzales | November 26, 2014 - 12:00am

PTT Philippines Corp. (PTTPC), the local subsidiary of Thailand’s petroleum giant, said it expects its net income to hit P458 million this year or 12 percent higher than last year on the back of improving...

Business

Oil firms warn of further price hikes

By Iris Gonzales | August 30, 2013 - 12:00am

Local petroleum companies have warned of another possible increase in oil prices, citing the trend in the world market.

Business